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The Way To Begin

Regular investments via SIPs in highly-rated balanced funds is the right way to begin investing…

I want to invest Rs 1,000 per month in mutual fund through SIP. Please let me know which fund should I select?- Nirmal Thakur

You are on track considering systematic and regular investments through SIPs in mutual funds. You appear to be new to investing and we recommend it will be a good idea to start with a SIP in a balanced fund. Once you experience this investing over six months you will understand the way investing works and then move into a large-cap fund and build a portfolio from there on. You can consider investing in HDFC Prudence or HDFC Balanced fund. Both are highly rated funds with a proven track record and performance history to invest in.

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