I want to invest Rs 2,500 a month in two mutual funds. Please suggest some funds. I will be investing for the first time. -Ghanshyam
Given the current market situation, new investors should begin with balanced funds. You can invest in UTI Balanced, DSP BlackRock Balanced or Tata Balanced. All the three funds have been performing well, and would be ideal vehicles for first-time investors.
This article was originally published on June 12, 2012.