First time, i want to invest in funds can anybody tell me from where i can gather information regarding it?

I could possibly provide more detailed information if I knew your coutry of origin.

Assuming U S origin, index funds provide a good good value. This site provides excellent information on both index funds and closed end funds.

http://www.etfconnect.com/

The site provides much helpful data.

Yahoo Finance also provides an excellent site for evaluating mutual funds. Select funds with a low expense ratio and ranked 4 or 5 stars by Morningstar and low holdings churn.

http://screen.yahoo.com/funds.html

But there is a great deal of evidence that index funds will outperform 70% of all mutual funds in their category, so they are an option you should consider.

always buy at low & sell at high

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A great way to get started investing in the stock market, is to first see what the best traders are buying and selling. Check out http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio perfroms compared to the S&P 500.

Here are this month's best traders:

http://www.top10traders.com/Top10Standin...

Good luck.

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