Mutual Fund Investment Strategy Boosts Savings and Wealth Creation
The study looked at how well systematic investment plans in mutual funds perform, especially those focused on stocks. These plans help people save money regularly and can lead to big returns in the long run. The researchers analyzed the performance of different equity-based mutual funds over five years to see how they did. They found that systematic investment plans can be a good way to grow wealth and potentially earn more than just keeping money in a bank.