The fastest way to double the money is to invest here, you get 5 times more profit than FD in just three months

If the ups and downs of the stock market are bothering you, you have a good chance of earning by investing in mutual funds. For those who do not know how to invest in the stock market, investing in a mutual fund is a very good option. Investors can choose a mutual fund scheme according to their investment capacity. Experts say that PSU equity mutual funds have given very good returns to investors in three months. Which has been around 27.29 per cent. Let me tell you that with only 5 per cent interest on FDs, investors' money in mutual funds will soon double.

PSU funds invest in companies owned by the central or state government

In the last three months, Aditya Birla, Sunlife PSU Equity Fund has returned 31.39 per cent. There is a return of 21.86 per cent in three months. The one-year return is 5.80 percent. SBI PSU Fund has returned 24.07 per cent, 15 per cent in 6 months. As the name suggests, PSU funds invest in companies owned by the central or state government. Some of the big and famous PSU companies include State Bank of India, ONGC, NTPC etc.

Such interest is earned on FDs in State Bank of India

State Bank of India offers 2.9 per cent interest on FDs that mature in 7 to 45 days. FDs that mature between 1 and 2 years get a 5 percent return. It pays 5.10 per cent interest in FD between 2-3 years and 5.30 per cent interest in FD between 3 years and 5 years mid term. There are 5.40 per cent interest on FDs in the long term of 5 to 10 years.

5.30% interest on 3 to 5 year term deposit in HDFC

HDFC offers its Garco 4.9 per cent interest on FDs with maturity of 1 year to 2 years, 5.15 per cent on FDs of 2 years to 3 years and 5.30 per cent on term deposits of 3 years to 5 years.

This is how you can invest in a mutual fund

One can invest by going to the website of a mutual fund. Apart from this, you can also invest with the help of a mutual fund advisor. If you invest directly, you can invest in a direct plan of a mutual fund scheme. If you invest with the help of an advisor, you can invest in a regular plan of a mutual fund scheme.

Direct investor visit the website or contact the office

The direct investor has to go to the website of the mutual fund. Or you can go to his office with your document. It is beneficial to invest in a mutual fund's direct plan. You have to pay commission in it. That is why your return on long-term investment increases. One of the difficulties in investing in a mutual fund like this is that you have to do the research yourself.

This is how investing can be done through the app

Download the Mutual Funds app. Register yourself on the mobile app. Verify KYC after registration. Choose a mutual fund to invest in. Invest according to target and limit.

It is advisable to withdraw from the fund after the target is met

An investor can invest in mutual funds at the behest of someone, but he does not have the answer to the question of what to do next, how long to stay in the fund. On this, experts say that it is advisable to withdraw from the fund after the target is met.

Equity funds may exit several years ago if the target is close. You can exit even if you consistently get a lower return than the benchmark. For that, compare the rest of the funds in the category with the benchmark. Find out the reasons for the underperformance of the fund. The reason may be unsatisfactory. And you can choose another suitable fund in this category.

Underperforming needs to be reviewed

Experts say that the scheme in which you have invested money needs to be reviewed if it is underperforming. It may be that the fundamentals of the scheme have changed and the scheme is not fitting properly to your parameters. You should seek the help of your own financial expert. As the market approaches its peak, some investors are wondering whether they should book a profit from a mutual fund scheme. This way when the market is falling some investors think that they should save their money quickly to avoid losses.

Withdrawing money from the scheme on market fluctuations is not a wise decision

However, experts believe that this is not the right time to withdraw money from one's own fund. You have to bear the loss. Investors should always keep in mind that in such a situation the fund manager of your scheme is minimizing your losses by booking profits. Fund managers are constantly selling stocks that are losing or likely to lose. Also investing in stocks that are performing well. That is why withdrawing money from the scheme on market fluctuations is not a wise decision.