A balanced fund is a good starting point through the SIP option
21-Feb-2011 •Research Desk
I am new to investments and want to invest in MFs through SIPs. Which is the best fund?
– Adil Sheikh
Equity mutual funds are the right way to get exposure to markets, though this also exposes you to market risks. You can invest in a balanced fund to begin with. These are funds that have 35% equity exposure which brings in stability to their performance and also insulates the returns from volatility. You can consider investing in funds such a HDFC Prudence and Reliance Regular Savings Balanced.