VR Logo

How to start my investments

Identify short-, medium- and long-term financial goals and start an investment programme to achieve every goal

I want to start investing via a Systematic Investment Plan (SIP). But I need some guidance on how to start and proceed.
- Chiranjeevi

We recommend goal-based investments. Identify short-, medium- and long-term financial goals and start an investment programme to achieve every goal. For short- and medium-term goals that must be achieved within a few months or in a few years (say, below five years), stick to safer investment options like bank deposits, debt mutual funds, etc. You should invest regularly in equity mutual funds to achieve your long-term financial goals that are above five years and more. If you want to create wealth, start investing right away, even with a small amount. Go on investing, irrespective of the market conditions, and you will surely end up with a large corpus after, say, 15 or 20 years.

You can start here: First things....

Post Your Query