#1 Mark Andrews Jersey von jiuwo23 05.03.2020 08:36

Financial freedom is one of the major goals for every investor Womens Justin Tucker Jersey , and this can only be achieved by making your money work for you. There are many investment options that promise you the much-desired financial independence, but very few can match the flexibility and returns offered by mutual funds.
What are mutual funds?
Mutual funds are essentially a trust wherein the investments are pooled from various investors. Thereafter, the fund manager takes investment decisions on behalf of the investors. Mutual funds make investments in various sectors of the economy such as equity market Trace McSorley Jersey , debt market, gold, and various others. There are various types of mutual funds available in India wherein they are categorized based on the sector Iman Marshall Jersey , time-horizon, risk factor, and various other parameters.
When to withdraw money from mutual funds
Mutual funds are known to offer excellent returns when you have a long-term investment horizon. But in certain circumstances Ben Powers Jersey , you might be compelled to liquidate your investment and withdraw your money.
You should not withdraw money from the mutual fund until and unless any of the following situations has occurred: -

There is a financial emergency and you need the money urgently
There has been a change in your investment strategy, and you need to realign your portfolio
The specific financial goal for which the investment was made has been achieved
The mutual fund you have invested in is not functioning well and you want to change the fund. - The fund manager has been changed and you are not confident about the new manager.

Once you have decided to withdraw your money from the mutual funds, you need to know how to withdraw money from mutual funds.
How to withdraw money from mutual funds
The main purpose of investing in mutual funds is to earn returns on your investment. When you invest in mutual funds Justice Hill Jersey , there is a time horizon for which you have invested, which is entirely at your discretion. In some cases, there is a lock-in period during which you cannot liquidate your investment. After the lock-in period has expired Miles Boykin Jersey , it is entirely at your discretion as to when you wish to liquidate your investment and withdraw money from the mutual funds.
There are two approaches for withdrawing your money from the mutual fund.
They are as follows:

Systematic Withdrawal Plan (SWP): If you are looking for a steady flow of income from your investment while remaining invested in the scheme, the SWP is what you are looking for.

Are you wondering what is an SWP? Well, with SWP Jaylon Ferguson Jersey , you can fix a certain amount that would be withdrawn from your mutual fund account to your bank account on a given date or at a given interval, which is usually monthly or quarterly. The said money can be used to meet your financial needs while your investment continues to earn returns for you. It is essentially a phased method to withdraw your money from the mutual fund.
This option is useful when your portfolio consists majorly of equity funds and as the requirement date approaches, you wish to reduce the risk on your investment by withdrawing the money and reinvesting it in debt securities or saving it in your savings account.

Redemption of Units: If you are certain about redeeming your investment entirely Marquise Brown Jersey , then the process is very straightforward. But you can do so only after the lock-in period has been completed.

Login to your Mutual Fund account.
Browse the 鈥淥nline Transaction鈥?page
Select the respective scheme and number of units you wish to redeem
Confirm your transaction.
It usually takes 24-72 working hours for the money to be credited to your savings bank account.

Withdrawal of money from mutual funds should only be done when it is absolutely the last possible option, because you are otherwise giving away the opportunity to grow your money and create a corpus for your future requirements.

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Christmas in New York is a magical time of celebrations and festivals. And it is the time when all the best NYC attractions transform into the most festive winter wonderlands. So if you along with your bae are planning to visit NYC during Christmas, then fun and enjoyment is guaranteed. As you are with your bae it is obvious that both of you have been planning for romantic Christmas NYC night outs! Isn鈥檛 it? Do not worry then! The city has boundless opportunities for Christmas themed romance for you! Find out below.

Treat Your Sweetheart with Some Delicious Sweet

One of the best ways to show affection to your beloved is to treat them to something sweet. And what would be better than enjoying the famous holiday dessert of NYC together? The Frrrozen Hot Chocolate offered at a restaurant named Serendipity 3 which was immortalized in the movie Serendipity in 2001. And since then Mark Andrews Jersey , customers have been lining up to sample the delicious dessert.

Go for Ice Skating with your Bae in NYC

As its wintertime, ice skating is the premier sport in NYC. You can enjoy ice skating holding the hands of your sweetheart at the world famous rink at Rockefeller Center and if the place is too crowded, then there is Central Park with two rinks i.e. the Wollman Rink and the Lasker Rink that are less crowded.

Relish Old Fashioned Romance in a Horse Drawn Carriage
If you wish to relish an old fashioned romance with your beloved then a horse drawn carriage ride in the Central Park is the thing for you. Enjoy the winter at most famous green space of NYC with bare trees and cold weather cuddling up with the love of your life!

Enjoy the Magical Light Show at the Time Warner Center

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