I am totally a newcomer , please tell which mutual fund is best to invest ?

If possible then please also tell a bit in detail about that mutual fund which u suggested and again if possible then why u suggested

To invest in Mutual Fund in INDIA one has to understand the following points:-
1) Is it for tax saving
2) Is it a pure investment
3) Is it for earning

If it is for tax saving then go for any mutual fund which is availble in the market because it is certified and approved by the Ministry of Finance.

If it is for pur investment then look to the company which is issuing Mutual Fund. If no sound tract record of finance then do not go for it

Finally if it is for earning profit the you have to look into the following aspects
1) What is the entry Load
2) What is the exit load
3) What is present NAV
4) Is it issued at par i.e face value

Now, you must know what is entry loan. This means when you buy a good Mutual Fund the Broker charges you up to 2.5% of your investment as their commission which is paid by the company to the broker. If you are smart enough you can negotiate with the broker for getting commission for your investment. He will agree up to 1.5% or more.

What is exit loan. This means if you encash your investment prior to 180 days then the company shall deduct maximum 1/2% of your total investment.

What is NAV. It the Net Annualised Value of your Invesments. If the Mutual Fund is Old the NAV shall be higher.

Now, you decide to invest. It is always better to invest in S.B.I, Reliance etc.

If you require any further help you can contect me.

LMVTX has done wonderfully well for me since I bought it.

vanguard....they have the lowest fees of all mutual fund families...they have a huge assortment of funds to invest in...they are very easy to work with and navigate info on the web

fidelity is a very close second

when in vanguard, if you are a beginner, i would invest in the sp500 which over the past 20 years has averaged 10% yearly growth...

If you are from India , I shall suggest you many things . I have invested more than two lakhs in Mutual funds. The best mutual funds are there. You can visit researchonline.com and get the latest in formations. I suggest you one important thing you can invest in Open ended fresh Mutual funds and get back the deposits within one year . This will yield you the maximum return as far as I am concerned . Hope you will understand what I mean Yours VRVRAO

It will help to know what kind of investment you are trying to make. Is it for retirement? or growth? the answer to that will determine the amount of risk you are willing to take.

If it is retirement, Vanguard and Fidelity have good options and low fees. They also have Mutual Funds for investors who are willing to take more risks.

Winslow Green Growth Fund is one of the best performers of the last 3 years with earnings of up to 21%, which is incredible, but because they invest mostly in new companies it is also very risky.

Since is your money, I will suggest you get some books about Mutual Funds and learn as much as you can before you make any decision.

Right now the market is up, and everyone is flying high, but that can easily turn and you can loose a lot of money.

You can start by calling Vanguard and Fidelity and ask them to send you information about their funds. Remember is your money, don't wait for anyone to tell you what to do with it. The first rule of investment is, Dont' loose it.

Good Luck

If you are just beginning, then congratulations on realizing mutual funds are the way to go.

Start with a broad based equity fund, or a fund of funds. I personally like the Vanguard fund family, which has consisistently performed well, and which have very low management fees.

You should not invest in funds with management fees above 0.5% or that have a back or end load (a fee to buy or sell the fund).

if you have less than $3000 to start with, I'd suggest the Vanguard Star fund, which is a fund of funds.

If you have at least $3000, start with the Vanguard Total Stock Market Index, or their S&P 500 fund (I'd go with the broader Total Stock Market index in this economic climate).

If you don't have $1000, you can still start investing, but you should look at ETFs (exchange traded funds) which you can buy through a broker like Schwab, or if you create a trading account, through Vanguard or other mutual fund companies like Fidelity or T Rowe Price.

http://www.vanguard.com for more info about their funds. Their staff are very helpful to beginners - call their 800 #

Congrats for venturing into the market and using a generally safe vehicle to invest in... Now the best mutual fund that will suit you is going to be based on several factors:

What are your financial goals?
How do you view risk of loss?
How long do you plan to invest into the fund before you are going to need access to the money being invested?
What is your current tax bracket?

I say first answer those questions and then begin searching for a fund that is going to meet those needs. This is one reason why I say look for a firm or advisor that can provide you the best advice and solution to beginning your endeavor.

Being new and not knowing your situation I would say if you are young and looking to invest for retirement that may be quite a ways off, explore growth funds however look for funds that have a high rating, are diversified over a variety of vehicles (Bonds, Stocks, Emerging Markets, etc) and have produced results that you are looking for over a significant period of time.

If you are one that doesn't like risk, look at Income and Capital Preservation funds again following the same criteria that was provided in the above paragraph.

Again speak with someone that can completely look at your current financial picture and future goals to ensure that you are investing in the right places.

Good Luck

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Log on to one of the sites like moneycontrol.com, and look for MFs to make up your mind.

You should know the meaning of mutual funds, before you choose to invest in mutual funds. These funds are a type of security that can be traded on the stock market, allowing shareholders to buy and sell shares in the funds. The revenue generated by purchase of shares is used by mutual fund manager to buy more shares of specific stocks, bonds, and other market securities and money market instruments.

Since the prices of the stocks, bonds, and other securities held by the mutual fund vary, the value of the fund changes. The average value of every share of the mutual fund is fixed daily based on the total value of the underlying securities held by the fund.

http://debts-to-wealth.com/category/Guid...

You can try a site called Fundmojo: http://www.fundmojo.com and use their scoring to see if a fund is good or not. Also, you can take a look at its community, there are people who are sharing their mutual fund portfolio to help others and some of the choices are excellent.

If u live in INDIA then certainly first choice is FIDELITY MUTUAL FUND.Then in second it is FRANKLIN TEMPLETON MUTUAL FUND.Then RELIANCE & HDFC MUTUAL FUND.
Cause:- chek their schemes performance track record in their fact sheet and/or in online www.valueresearchonline.com.
Keep one thing in mind while cheking the track record in online that is just judge the performance don't take any advice,rating from that website. decision is your's not their's.

There should only be really one choise for all investors who want to invest in mutual funds.
Buy index funds (NSE and BSE) blindly. In 10 years time no active fund is going beat them and it is not going to be worth your time or effort to try and find them out also.
Use Systematic Investment plan for index funds , there is no entry load charges vs 2.25 for all actively managed funds.
These are passively managed so there are no charges or the portfolio turnover will be limited.
And you will get market related returns which will be excellent over a long term perspective

Read some books and come back.