Mutual funds can be a powerful tool for financial growth, but many investors have questions before they start. At Lokmanya Society, we are committed to helping you make informed decisions. This blog answers some of the most frequently asked questions about investing in mutual funds with Lokmanya Society.
1. What is the minimum amount required to invest in a mutual fund with Lokmanya Society?
You can start investing in mutual funds with Lokmanya Society with as little as ₹500 per month through a Systematic Investment Plan (SIP). For a lump sum investment, the minimum amount may vary depending on the specific fund chosen.
2. How do I choose the right mutual fund?
Choosing the right mutual fund depends on your financial goals, risk tolerance, and investment horizon. Lokmanya Society offers a variety of funds with different risk profiles and objectives. We recommend consulting with one of our financial advisors to help you make an informed decision.
3. Can I withdraw my investment anytime?
Yes, most mutual funds with Lokmanya Society offer high liquidity