If we try to compare Kotak mutual fund with fixed deposit then we come to know that FD is much better than SIP in mutual fund schemes.
As a begginner investor I was also excited to look at the return rate of this mutual fund scheme but my dear friends this all mutual fund schemes gives you high only on paper and kotal mutual fund is also not different from rest.
Even though there is a exit load of 1% even after 1 year of completion of SIP. All the spoke person on CNBC Awaaz & Zee Business for MF shows only try to misguide you only because of their personal benefits.
Don’t get trapped by investing in mutual funds. They will trap you by saying that equity investment is for long term but even after several years of investments, your profits is neglible and some time you have to withdraw money by incurring losses like me.
I will not suggest to invest through SIP in mutual fund. This is all scam. Nothing more and nothing less.
