The choice between direct and regular mutual funds depends on an individual’s investment goals, knowledge, preferences, and the level of involvement they want in managing investments. It s essential to assess circumstances and objectives before deciding which type of mutual fund is right for you.
The definition of long term varies depending on the market conditions and investment returns. Technically, a long term period is characterized by lower risks and higher rewards, meaning the likelihood of negative returns is low. The definition of long term for each asset class should be based on its historical performance across cycles. When choosing an investment product, it is important to align the investment horizon and risk profile with the desired duration.