In India, the average holding period of mutual funds typically ranges from 3 to 5 years. According to a report by the Sucurities and Exchange Board of India (SEBI), over 50% of units of the regular plans of mutual funds were redeemed within a year.
Do you know where the problem is?
Awareness is the main issue. People do not know that investing for the long term is like planting seeds for a forest- it takes time to grow, but the payoff can be immense.
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Here on Aajkizindagi.com, we try to educate people by sharing information and news related to online earning, investment opportunities, mutual funds, banking, fixed deposits, dividends, and insurance.
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All of the authors on MoneyTimes24 have strong educational backgrounds and experience in finance and its instruments. They all have at least three years of writing experience in finance, share markets, mutual funds, and saving ideas.
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