POSTED BY February 14, 2011 11:50 am COMMENTS (4)ON
I am new member of this forum and new to investing also. I want to start a SIP in mutual funds. Can you please tell me how to start like
1) how to purchase the mutual funds online? Do i need a demat account and tranding account for this?
2) Which Mutual funds should i invest? (keeping 3+ years in mind)
3) Charges involved in purchasing them and selling them?
4) Suppose i choose mutual fund “A”, then do i have to select the categories and sectors also (like equity, debst etc and Infrastrucutre, banking etc).
As of now I am having very limited knowledge in all this. So, would highly appreciate if you could help me with these questions.