First time investing in mutual fund for a small amount

POSTED BY Revathy ON September 9, 2014 5:42 pm ONE COMMENT

I have little amount like 25000 which was collected on my baby’s b’day. I would like to invest this amount on mutual fund for at least 18 years.

So is it possible to invest this small amount to mutual fund (one time investment only)? If so which one should I select? Pls suggest.i expect return should be better than bank fd.

By the way which is better , one time investment or SIP?

One reply on this article “First time investing in mutual fund for a small amount”

  1. Hemanth Chandra says:
    September 10, 2014 at 6:46 pm

    SIP is always advisable than lumpsum investment… Now, the markets are peak and at this time, lumpsum investment is not at all advisable…..

    Better choose a large cap fund and invest 2k in it in SIP….

    Reply

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