I need assistance to invest in Mutual Fund SIP's for a 3 Year Plan?

Hai! Am a starter in this Financial market. I know a little about Mutual Funds. I would like to know more on SIP's as well as ULIP's too. Am 27 right now and would like to invest 1000/month. I chose to go for maximum Risk and maximum Returns. Can anyone suggest me the detailed information please.
Thanx in Advance!!!

Investing in mutual funds is a very good idea as it gas got the wonderful features of investing and maximizing the profits of an investor.
As i believe u have the basic knowledge what what a mutual fund is and the different kinds of funds...ill come directly to the point.
SIP is an option where u go on buying the units of mutual funds every month.if u want more returns go for systematic reinvestment plan where the dividend that u get will be reinvested into the fund automatically.......
if u wanna review your investment u can also go for systematic withdrawal plan where u get your returns in regular intervals of time.....this way also u can benefit coz...we never know hoe the markets work..and how the fund is going to perform so its always better to split your investment in various schemes like this...
opting this systematic withdrawal will help u in 2 ways...realize the profit that u made and second is u can go for investing that money some where else if u feel that there is some other investment avenue which is giving more returns or u can again invest in te same fund...when the market is low...as ull get more no. of units......
As of now i can suggest u 2 fund...one is standard chartered classic equity fund...you can invest in that fund its a diversified equity fun which is doin pretty good...
and theres a new fund which is comin up called kotak global infrastructure fund...that is a New fund offer..and its closing on 22nd.it is a closed end fund for 3yrs....its a good fund to invest...choose growth option in that to get better returns.

Comin to ULIP's...though they are unit linked plans...fund managers in insurance look only for value stocks..they buy only when the price is right....they are quite conservative investors..and dont take much risk...hence the returns are not soo good...
but its always better to have 1 or 2 insurance plans for an individual coz of the risk benefits and most importantly the tax benefits that we get...
investing in insurance is a long term thing...so anything is fine..and ulips are better...
these days ulips of all the companies are doin good.
i suggest u not to go for LIC....coz it has got enough history and the service levels are not soo impressive...
ulips of bajal alliance and metlife are giving good returns..contact them about more details..
all the suggestions made are according to what i personally feel and take a decision only after u think about them completely.
hope this info helps u....
good luck..
Happy investing.....!!!!!!1

Did you know that 80% of mutual funds under perform the market?

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