The concept of ‘micro investing’ is intended for small-time investors who do not have enough money to invest. Among the many advantages of this concept are the following:
- Allowing small-time investors with limited savings to invest in mutual fund schemes for wealth creation.
- A systematic approach to saving in which the accumulation and investment processes are automated so that your money is automatically saved with every purchase.
- The investment is straightforward and convenient, allowing even the most inexperienced investors to reap the benefits of mutual fund investing.You can select a mutual fund scheme based on your financial objectives, investment horizon, asset allocation, and risk tolerance.
- This enables you to save small amounts of money in order to generate inflation-adjusted returns. So, choose this feature and let your modest investments generate wealth for your financial objectives.