Who can be eligible for investment in mutual funds ?

Mutual Funds can meet almost any investor's investment goals. Equity schemes, which are designed to allow younger investors to take on some risk and still achieve substantial capital growth over the long-term, will be a good option. Funds that invest in stocks are a great option.

For older investors who prefer steady income over risk and are cautious, you can invest in income schemes (i.e. funds that invest in debt instruments. Investors in middle age can divide their savings between income funds and equity to achieve both capital growth and income. Regular savings are a great way to get the most out of your investments. You can set aside a small amount each month for a Systematic Investor Plan.