Mutual fund investing

POSTED BY imran khan ON August 24, 2011 5:56 pm COMMENTS (2)

Sir

I want to start SIP of 10000/- with time horizon of around 10-15 yrs

I have surfed the net regarding mutual funds but it all make me messed up.

Plz advice me about how many and what mutal funds i should go for, also how much money in each of them.

Also plz tell me about the new circular of SEBI about 100 rs transaction charge, suppose i do an SIP of 3000 in a fund then will 100 rs be deducted from it on each SIP?

Thanks

2 replies on this article “Mutual fund investing”

  1. imran khan says:
    August 28, 2011 at 8:40 pm

    Thanks Manish for ur advice
    I have heard a lot about Gold funds now a days like Reliance gold fund/ Kotak
    Will it be good to have a gold mutual fund in portfolio or not?
    If yes then how much maximum amount SIP would be sufficient and in which Gold mutual fund?

    Reply
  2. Manish Chauhan says:
    August 27, 2011 at 8:22 pm

    Imran

    You can go for HDFC Top 200 and DSPBR top 200 for now … Divide half half money . MF transaction cost will not apply for now , its only in talk phase for now

    Manish

    Reply

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