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Investing in Mututal Fund

Hi,
I am new to investment domain. I have never invested in anything except PPF and FDs.
I want to invest in Mutual Funds and my monthly budget is Rs. 5000/-.
After reading few of your posts I have short-listed the \”Quantum Long Term Equity – D\” and \”HDFC Top 200\”.
Please let me know if this is the right time to invest. And for how long should I invest keeping in mind a long term investment.

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