Good mutual fund schemes for a housewife

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Any good schemes for a housewife in the investment market? I want to invest for 10 years.
--Teena Singh


It seems, you are new to mutual funds. And you have not responded to our query about your risk profile. If you don’t follow the basics of investing or mutual funds, you should seek the help of a professional mutual fund advisor. When you are investing for 10 years, your choice should be equity mutual funds. However, you should remember that you should invest in equity mutual funds only if you are ready to take risks. How much risk you are willing to take will determine your choice of schemes. For example, a conservative investor should invest in a large cap mutual fund. A moderate investor can invest in flexi cap mutual funds. However, you should take the help of a mutual fund advisor before investing in these schemes. New investors need a lot of reassurance when the market is going through a bad phase. Continuing with your equity mutual funds investments is key to creating wealth over a long period.

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