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Many young investors, who are barely a year or two old in their career, are eager to start investing in mutual funds. ETMutualFunds.com receives many queries on its official Facebook page from these investors. See, for example, some of the queries we responded to:
Best mutual funds for a 28-year old investor
Best mutual fund portfolio for a new investor
Best mutual funds for a 30-year-old investor however, many misconceptions regarding both mutual funds and investments are prevail.
Well, let us start from the very basics: what is a mutual fund? Well, many youngsters confuse mutual funds with stocks. Many of them want to know how much returns will they get in a year or two. Some believe mutual funds are like bank deposits: they will get regular returns from their investments in mutual funds.
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