Invest in Existing Funds

Seeing the market condition, should I invest in a new fund or in an existing fund? - Raj, Aurangabad It is always advisable to invest in existing funds which have a good performance history. Invest in well rated funds on a monthly basis via SIP. SIP technique will help you average the cost in the long run. If I invest online in mutual funds, will the units be allotted at same time at current price? If not then when and at wat price? -Sanjeev If you invest in mutual funds via the fund house website or through some online broker, you should take note of the cut off time that the site specifies. If you transact before the cut off time you would get units as per same day's NAV. Else you would get the NAV of the next business day. What is the future of Reliance Growth fund for long

This article was originally published on April 02, 2008.