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POSTED BY ON September 9, 2013 8:54 pm COMMENTS (3)
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Dear sir,
I have no ideas in shares & markets. I’m interested in MF, I don’t know where and how to do investments in MF and which is the better MF to invest. I heard that HDFC MF is good in these days, is that correct?. If so can invest in that? If not which is the better MF to do investments.
Thank you
Ranjith B Gowda
2021 © Jagoinvestor.com All Right Reserved
@ Mustafizur,
Very well said.
Thanks,
Kuntal.
@Ranjith,
Everyone was like you before they started investing or became an expert. What I did is as follows
– Not event think of investing in next 3 months, even if it looks so tempted(I am saying not because of the market but I believe first you should have some knowledge before you wanna invest your hard earned money)
– I first read all different types of funds from wikipedia
– Read all the blogs w.r.t. mutual funds from jagoinvestor & other money related blogs
– Start comparing mutual funds on moneycontrol/valuerresearchonline on your own & then compare with expert’s opinion. See if you are able to analyze them on your own..
– Be a voracious reader on anything/everything comes your way on this subject in the next 1-2 months, you would automatically feel confident. Then start investing that too in small amount.
– IMHO, MF investment is more art than science/logic (I am not saying it is illogical, but I want to say that there are so many factors involved), therefore experience plays a major role here & there is no short-cut like all good things in life:)
Dear Ranjith, first of all please invest your time to read past discussions & articles in this forum as well as main JI site. You ‘ll get the inputs automatically why you should invest & how you should invest in MFs?
thanks
Ashal