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Begin with Balanced Funds

Balanced funds give stability as well as growth, which makes them ideal for new investors…

I want to begin investing in mutual funds. Which funds should I go for?

New investors who want to invest systematically for the long run should begin with balanced funds. Such funds have around 30-35 per cent invested in fixed income and the rest in equities, which gives investors stable growth. Pick 1 or 2 good balanced funds and begin SIPs in them. Some funds you can choose from are DSP BlackRock Balanced or UTI Balanced.

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