I know very little about mutual funds and Systematic Investment Plan (SIP). I want to invest ₹1,000 per month for at least five years. Where should I invest and what will be the returns?
- Vinod
To begin with, familiarize yourself with basic concepts of investing and mutual funds. Read: First things....
You can consider investing through a monthly SIP in an equity-oriented balanced scheme. We recommend balanced schemes to first-time investors because they help investors to grow money without much volatility. We have noticed that new comers to the market often tend to panic during volatile periods. Balanced schemes address this issue to a great extend because of their investment strategy of investing in a combination of equity and debt. Equity helps these funds to earn extra returns and the debt part of the portfolio softens the blow during volatile phases in the market.
Here is our list of best balanced schemes.
This article was originally published on October 16, 2015.
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
