- Jun 3, 2005
No body can or should give such very specific advise on choice of funds online. MF's have risk associated and it is not right for you to invest your life's earnings based on somebody else's advise on choice of funds. There are a lot of things to consider. Your risk appetite, income, future income growth, assets and liabilities, your life style, marital status and children etc and most importantly goals. People save for various reasons. It could be for their children's future, for their own retirement, or just to build a corpus.Can you provide some good names in which we can invest so that we can get good returns.Just as a begineer through which mutual fund we should start to invest and how long do we have to wait to see the benefit?
Only you yourself and may be a personal financial adviser who understands your profile is qualified to choose for you. So, you should rather study how MF's work, risks involved, kinds of funds etc. then understand your own requirements and investor profile and choose based on that. Platforms like Valueresearch can help you research funds in different categories. Kuvera too allows you enter various personal details, setup some goals and gives some advice on funds that should go into your portfolio to meet that goal. But you should not take that advice blindly either. At the end of it all, you should be content that you are investing in funds that you acknowledge to be meaningful for your goals.