InvestorQ : I am a beginner in stock market and a student too. I wish to invest in Mutual funds. Which mutual fund stock should I choose in order to get better returns under SIP?
Srushti Ahire made post

I am a beginner in stock market and a student too. I wish to invest in Mutual funds. Which mutual fund stock should I choose in order to get better returns under SIP?

Answer
image
varsha Motwani answered.
2 years ago
Follow
It is good to know that you are planning to invest in early investment and showing your interest in mutual funds.

Mutual funds have different objectives, so your objective of investment should match the goal of Mutual fund plan.

For example, you want to save tax but somebody recommended you to buy a small cap fund scheme of the same fund house, then your objective to save tax will not be fulfilled, however, your investment will give you a good growth. So before choosing your mutual fund scheme or plan ensure to align your objective to it. Keep your investment for the long term to invest safely with less risk. It is a nice decision to choose SIP or a systematic investment plan as your mode of investment. It is a popular plan and a smartest and easiest way to invest money in the stock market via mutual funds.

So recommending best mutual fund for you without knowing your objective will not allow you to optimize the benefits. So visit any fund house online or visit their branch and check the plan or scheme the offer and then choose best among them.

However, my current investments are resulting good with these below schemes- (schemes with less risk)ICICI Pru Bluechip Fund(G), Mirae Asset Large Cap Fund-Reg(G) SBI BlueChip Fund-Reg(G)

13 Views