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How to invest in SIP – New to mutual fund?

June 14th, 2010 | | Tags: , , | 1 Comment | |

moneycartoon

I want to invest in SIP

I am new to this concept

I want to invest 500/-pm

Which scheme will be good for me

wants higher gain.

What is ur opinion about SBI Balanced Fund ?

If i do not know anything about is it possible to calculate my profit or to know when to withdraw my ?

Please describe in detail

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One Response to “How to invest in SIP – New to mutual fund?”

  1. swapnil_27 Says:

    Investment of SIP is best asset Creation tool. You should invest Max amount of your earning in Equity Mutual funds if your age is below 35. and after 35 u should gradulally decrease your exposure to equity.

    SBI balance fund will be good choice only if you are in age range of 40 to 50.

    I would suggest you should Contact Financial Planners for same. you can study from
    http://www.horizonfp.in

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