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In which mutual fund should i invest ? |
I am a salaried professional who started working last year. At this point of time i am exploring my options at investing some amount out of my salary for my future. At this point of time i will be able to spare only Rs.2000 to Rs. 3000 monthly. Being a first time investor i am not familiar with all the funds. Can anyone advise me on which fund should i invest ? Should i go for an SIP of a particular fund or Buy funds every month. Is it possible to buy funds for just Rs. 2000 ? Will it be benefitial considering the entry and exit loads. A couple of important questions would be "how old are you" and "what are your investment objectives"? Do you need immediate income our a you looking for capital appreciation building for retirement? Do you have a family and children that you need to take into consideration college expenses? Are you a conservative investor or agressive? etc. etc. It is better to invest by SIP since the amount you want to invest monthly as savings.You can invest Rs.500+ in any funds. In the current scenario SIP is better since the stock market is facing fluctuations. Dont invest in funds. Look FOREX you can make big money. |
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