Need A Financial Product Forums Trading/Investments Need basic information on how to invest in mutual funds

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  • #47986

    I am a beginner and want to invest some money in mutual funds for long-term. Please tell me which mutual fund I should start with. What is the procedure to invest in mutual funds?


    Meghna Yadav

    Start by understanding the concept of asset allocation. This will help you in maintaining a balance between growth of your funds and stability. Then take a look on percentage of your portfolio that should form part of the core, i.e. large cap funds, large mid cap funds or balanced funds. In beginning phase, your focus should be more on balanced funds carrying a good market reputation.

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