I am looking to invest via SIPs in a 5-star fund. Please suggest.
— Manish Agrawal
A 5-star fund is a good starting point, but it’s not conclusive. What is more important than the fund’s rating is the kind of fund you should be investing in. if you're a first-time investor and you might get upset with some amount of decline in a short period of time, then you shouldn’t even be considering a pure equity fund. You should begin with a balanced fund, if you're going to be investing for the long run.
This article was originally published on January 03, 2013.