1. Please let me know what is better to do. MF or SIP? I heard SIP is better as it is average the gain or loss. Please give me any link if you have in Jagoinvestor.
2. My agent asked to take following funds.
1) Birla sunlife 100 fund 2) Hdfc growth fund 3) SBI magnum fund 4) L & T largecap/ mid cap fund
He says for SIP minimum is 1000 rs. Is that true? he says if I take back money after 1/2 yrs then also the interest would be tax free 10 10(D). Is that true?
Please help