No, investing in mutual funds has nothing to do with working for a bank or any other company. Even if you change occupations or employment, your investments are still yours.

In order to diversify beyond Indian equities, international mutual funds enable you to participate in international markets such as the United States, Europe, and developing nations. They provide advantages such as access to long-term growth in developed markets, possible rewards from currency swings, and less reliance on the Indian economy.

They do, however, come with hazards, including fluctuations in currency values, geopolitical developments, and worldwide regulatory shifts. They thus work best for investors who have high risk appetite. In addition to increasing profits, investing 10–15% of your portfolio in foreign funds can help control overall risk..

The flexibility of withdrawals offered by mutual funds varies depending on the type of fund. You can withdraw money from open-ended funds at any moment, and the proceeds are credited according to the redemption cycle.

For comfortable investors handling their own portfolio, Direct Plans are the best option. By eliminating distributor commissions, they provide reduced expenditure ratios, which over time may result in better returns. To remain in line with market trends and individual objectives, they need in-depth study, frequent monitoring, and rebalancing.

On the other hand, regular plans come with the assistance of a financial advisor who assists with portfolio management, risk assessment, and fund selection. Even if their prices are a little more, they provide excellent advice, which is particularly beneficial when navigating the more than 1,000 mutual fund alternatives available.