Hi, I want to know how do I start investing in Mutual funds.I want to invest just Rs.2000 pm.Is it possible to avail funds in this amount. How better is investing in MF then in RD(Recurring Deposits).
I am planning to invest in HDFC long term fund for amount of 2000 which I will pay for 3 year. Now the reason I am investing in it so that I can get some tax rebate and intrest on the money invested.I have been said that you can expect to get your money to get doubled even in worst market conditions.
My question
what will be my risk in it and will I get the return as assured by them.
Dear Sir, Thanks for this kind of article, as it helps a lot to invest in MFs. I have query regarding the 5* MFs, can u help me to find out what are the 5* MF schemes provided by ICICI prudential and UTI MFs. It wil be a great help for me.