Which mutual fund shall I purchase , also I want to start an SIP. is it a good time to invest?

Hello, I am new to this investment market but I have some surplus amount and want to invest so please can you suggest me which fund shall I invest in and is this a good time to invest? Also I want to start an SIP so which SIP shall I start with?

Thanks

asked Sep 10 '11 at 13:03 by alokob 1222


Please read answer to a similar question here: Need best suitable Mutual Funds to invest large amounts

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answered Sep 10 '11 at 17:44 by pankaj 5.2k320

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If you are young (in late 20's pr early 30's), you may look to invest 80% of your portfolio in equity funds like HDFC Top 200 Fund, ICICI Pru Discovery Fund, Reliance Equity Opportunities Fund. If you want certain debt in your portfolio, invest in FMPs or vanila fixed deposits www.ninemilliondollars.com

answered Oct 28 '12 at 10:59 by mayank66333 7114

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Asked: Sep 10 '11 at 13:03

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Last updated: Oct 28 '12 at 10:59