May 20, 2014 8:09 pm
I am 23 years old.i want to invest RS.2000 monthly. Where do i invest it for long term (10years)?
Please go through the articles by Manish on mutual funds.
Through some light on how to invest in sip,
I dont no anything about sip
what is the procedure to start investment in sip?
RD, SIP in liquid funds, SIP in hybrid MFs or SIP in debt funds.
Moreover, it would depend upon your end use.
Example: if the usage of this money after 10 years is for child’s education, go for mix of RD and SIP of hybrid/liquid MFs
If the usage of this money is buying house or car (which can be post poned by another year or something), go for SIP in hybrid MFs
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