Home Business & FinanceInvestments & Financial Markets Subscribe to RSS

Is Investing In Unit Trusts A Good Idea?

Answer Question

1 Answer - Sort by: Date | Rating

    Investing in Unit Trusts is a good idea for you or not depends upon the condition that you are in right now. If you have fair idea of share market then it is advisable for you to invest directly in the market rather than taking the route of mutual funds that is what Unit Trust is. But if you are absolutely naïve about the share market then certainly you should go for investment in the mutual funds and as Unit Trust is reputed name in its field, you can invest in it.
         
    The company has good exposure in various blue chip companies and has substantial voting rights in the decision making of those companies. ITC is one of the most reputed companies in India and Unit Trust has a substantial share in it and along with some other financial institutions, it commands a good voting percentage in the decision making.
         
    So if you have no idea about share market, go for the schemes provided by Unit Trust as the company has experts in various fields.
    0 0

    Vicky 

    answered 3 years ago

      More

      More

       
       

      Ask a Question via Twitter

      Send a question to @askblurtit and we will publish it online and send you a reply everytime you receive an answer.

      Blurtit Store

      Get T-shirts, hoodies, caps and more at the Blurtit store

      Blurtit International