Hi, I am 26 yrs old unmarried person my income is 60k per month and I am a central govt employee, I have bank account with SBI and want to invest into mutual funds and stocks.

Current Investment :

1.       SBI Gold ETF

(a)    Mode of Investment : SIP

(b)   Duration : 36 months, Status Now : 19/36

(c)    Amount : 1000/- pm

2.       SBI Pharma

(a)    Mode of Investment : lumpsum (bought this month)

(b)   Duration : not fixed will hold atleast for 1 year

(c)    Amount : 5000/-

3.       SBI Infrastructure (bought this month)

(a)    Mode of Investment : lumpsum

(b)   Duration : not fixed will hold atleast for 1 year

(c)    Amount : 7000/-

4.       Chit Funds in village

(a)    Mode of Investment : SIP

(b)   Duration around 2 yrs (1 year remaining)

(c)    Amount : 8000/- pm

(d)   Maturity amount : around 2.8 lacs

5.       Provident Fund

(a)    Mode of Investment : SIP

(b)   Duration : Not fixed

(c)    Amount : 20,000/- pm

Future Investment :

I want to do invest 15,000/- from next month onwards in equity funds, please guide me if I have choosen correct fund for investment, let me know if any amendments need to be made

Requirements :

1.       I want to invest into SBI mutual funds only

2.       Don’t have to invest into insurance policy as I am already insured

Investment in Stocks :

I want to invest into direct stocks may be after 6 months If at all I have some spare money to take risk so which one is the best trading account, Since I have account with SBI shall I go with them. Once invested in stock I rarely keep track of it, its like investing and then forgetting for 6-8 months and then having a look at it and do necessary amendments if required, I am planning to invest every 6 months into stocks the spare money which I will be having.