Investing in mutual funds

Hi, May I know your investment objective(s) and time-frame? Suggested readings : https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/ https://www.relakhs.com/best-mutual-fund-schemes-2017/

HI sreekanth, Thanks for the above link. My objective is to start saving for my son  who  is one year  hold . i want to start with sip so dont have  knolwedge require your assistance. Time frame is for 15 years    

Hi, You may pick one Diversified equity fund, one balanced fund and one Mid-cap fund. Ex : Franklin Prima plus / Birla Equity fund, HDFC Balanced fund and Mirae Asset Emerging Equity fund. Kindly read: https://www.relakhs.com/best-mutual-fund-schemes-2017/  

 Hi sreekanth , still  i have some queries in investing in longterm . is it better to  go for mutual funds or insurance  for  longterm . if go for insurance what will  be my returns and i want to know how will  be the policy  of hdfc young star udan .if i take in my name which will  benefit my child for 20 years. please suggest good  way of investing for 20years for a month i can save upto  4k. Thanks  

Hi, Kindly do not mix insurance with investments! If your objective is to get Life cover, buy a Term insurance plan. That would be more than enough. For wealth accumulation for your long-term goals, mutual funds can be a better and prudent choice. Kindly go through below articles; https://www.relakhs.com/calculate-kids-education-goal-amount/ https://www.relakhs.com/traditional-life-insurance-plan/ https://www.relakhs.com/insurance-importance-life-health-accident-covers/ https://www.relakhs.com/term-insurance-plan-a-waste-of-money/ https://www.relakhs.com/financial-planning-pyramid-wealth-protection-accumulation-distribution/ https://www.relakhs.com/best-online-term-insurance-plans-india/