Expert Debunks Mutual Fund Risk Myth

An expert named Ankit Tikmani explained that mutual funds are not as risky as many people think.

He said that mutual funds can actually be less risky than buying stocks directly because they spread investments across many companies.

This makes them a safer choice for many people.

Tikmani also said that the right type of mutual fund depends on what you need it for, like saving for retirement or buying a house.

For example, if you need money soon, like for a business, you should choose debt funds instead of equity funds.

He advised that younger people can take more risks, while older people or those with other investments might prefer safer options.

Overall, mutual funds are a good way to invest if you choose the right type for your needs.