How to invest in mutual funds and how to with draw the amount when required?

I am totally new for share market issues. Now i wouldlike to invest some amount in Mutual funds. How i have to pay money to that and how do i with draw and get liquid cash when i required money.
Is it like a Fixed deposit or what?

it depends upon- the investment plan u invest

if u use one - which has lockin period then- u cannot withdraw money - but more interest

if u use one without lock in period- more risk, ane time withdrawal

betrter if u go to some broker- start with small invest ment- of 5000 or so

best of luck

Check with a broker who works for a reputable firm.

There are 2 types of mutual funds(in general.)

Open-Ended -> where u can come out at any time u want

Close-Ended -> where u invest for a specific period of time , e.g. 5 years or so.

for further details check site www.valueresearchonline.com, on MUTUAL FUNDs.

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