What is mutual fund investment for beginners like me

We are very glad that, you have decided to save and invest from such an early age. An early start will give you a big advantage to meeting various goals in life, provided you remain disciplined. There are no fixed rules for savings. You should try to save as much as you can, but make sure that you are saving consistently.

You should invest a fixed amount of savings every month through Systematic Investment Plans (SIPs) in mutual fund schemes. Since you are a new investor, balanced funds may be a good investment choice for you, since these funds have lower risk (less volatile) than some other types of funds and at the same time these funds can give excellent returns in the long term. Please see top most consistent balanced funds in our tool Top 10 Mutual Funds in India – Balanced Funds Equity Oriented. You can select any one fund for your SIP.

We suggest you read what are balanced funds

If you think that you have more risk appetite and will not get stressed by volatility, you can invest in diversified equity fund. Please see top most consistent diversified funds in our tool Top 10 Mutual Funds in India – Equity Funds Diversified

Hope you find our suggestions useful.