The trigger facility in Mutual Funds help you to pre-determine when you want to get out of the market. Administered carefully, it can be a facilitator to augment wealth; A trigger can be hasty, if your exit date happened to be on a secularly increasing market trend. Same way a trigger may save you in a secularly falling market from breaking to bruises.
A good strategy for risk averse/beginners in the capital market.
What is 'Trigger' in Mutual Funds? Read in Business Manorama dated 7th March 2007
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