The minimum investment size is ₹10 lakh; the NAC is expected to provide greater flexibility and risk-taking in investments and potentially generate higher returns for investors.

When NRIs invest in existing Indian mutual fund schemes, their returns are diminished by approximately 3% annually due to the depreciation of the rupee against the dollar, as both the investment and withdrawal are in INR.

Investing in passive mutual funds is gaining traction in India; to build a solid, low-cost passive MF portfolio, stick to 2 to 4 proven schemes.

A goal-based investment approach will empower people to build specific goals and track them individually, by assigning each investment to a goal.

ELSS schemes invest a minimum of 80 percent in stocks in accordance with Equity Linked Saving Scheme, 2005. These schemes have a lock-in period of three years, the shortest amongst all other tax saving options.

Pay close attention to your investment objectives and strategies, the fund's performance, quality of management, fees and expenses, and the types of assets the fund invests in.

Making gains off momentum investing requires a deep knowledge of investor psychology and the heavy risks involved

Broad market index funds offer diversification, exposure to mid and small-cap companies, and automatic rebalancing to capture India's dynamic market landscape.

Building wealth doesn't require a fortune to start with. Anyone can start investing in a Systematic Investment Plan (SIP) by consistently saving a small part of their monthly income.

India's mid-cap stocks are beating large-cap for returns. Their growth potential and higher returns compared to large-cap stocks might be why. See top performing mid-cap funds over 10 years.