Many first-time mutual fund investors often struggle with one key question — how should they start investing for multiple long-term goals like buying a car, purchasing a house, or building wealth while also managing market volatility? Financial experts believe the answer lies in maintaining a disciplined approach, staying diversified, and avoiding unnecessary risk-taking, especially for investors with limited market knowledge.
One such query came from Ritesh, a viewer of The Money Show, who wants to start SIP with Rs 20,000 monthly and for that he needs some mutual fund recommendation. He does not have any knowledge about mutual funds and he wants to have the strategy for his short-term goals and he wants to buy a car within 10 years and maybe a house also and he also wants to know if investing in gold ETF in the kind of situation that we are into will be a good call or not.
