Hi Ashal,
My friend having 3.25 lakh annual income, and want to invest in mutual fund, since he is not having much experience on stock market. He asked me to advise good mutual fund, but I am also not having much experience and knowledge of it. He is investing money most of time in tax saver FD /company fix deposit and PPF
As per him, he can invest Rs. 25000 after spending and tax saving in a year and want to invest every year till 5-10 year
Please suggest good mutual fund product and type of investment SIP or (lumsum) . He also having icici direct demat account- and confuse to invest from that account or direct from AMC. What need to select direct plan or regular plan, please help us in details