Do funds have to be held for a long time?
The fund does not have to be held for a long time, but it will be better if it is held for a long time, because the redemption rate of the fund is generally related to the holding time. The selling fee rate of funds is generally divided according to 0~7 days, 7~365 days, 365~730 days and more than 730 days. The longer it is held, the lower the selling rate will be.
Secondly, long-term holding of funds can disperse short-term fluctuations of funds and reduce risks. But when you buy a fund, you should choose a good fund to hold for a long time. If you choose a bad fund to hold for a long time, you will only lose more and more.
What kind of long-term holding fund to buy?
If you are a conservative investor, you can consider pure debt funds and money funds for long-term holding, because the fluctuations of these two funds are relatively small, so they are also suitable for long-term holding. Long-term holding is more likely to make money and less likely to lose money.
If you are an aggressive investor, you can consider high-risk fund types such as stock funds, index funds and hybrid funds for long-term holding. Long-term holding can disperse the fluctuations caused by short-term funds, and investors can also buy funds in bulk through fixed investment.