I am 27 and want to invest Rs 10,000 every month in mutual funds. I don't have any knowledge of investments but want to invest in a portfolio for the long term?
- Ankush Taneja
Investing regularly through mutual funds is the way to long-term wealth creation and we suggest you first think of the likely time frame of your regular investments and your own risk tolerance. Based on these two crucial inputs decide on an asset allocation, which is a mix of equity and fixed income. Once you are done with this, consider funds from Value Research Fund Select feature on our website to build a portfolio. Review your selection at least every year to make changes and rebalance your portfolio to align with your asset allocation.
This article was originally published on December 07, 2011.
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