POSTED BY March 20, 2013 6:11 pm COMMENTS (6)ON
Greetings to one and all. I am 21 years old and I want to start with an SIP. To begin with, I am planning to invest between Rs.5,000-7,000 per month for a period of 3 years in a Mutual Fund.
As this is the first time I am going to invest in a MF, I need a little guidance.
Can you please advise me on which type of MF to go for, like large cap, large and medium cap, mid and small cap, bluechip, etc? Also, being a beginner, on what basis do i choose between different MFs currently being offered in the market?