Investments in Mutual-fund (First time investor)

Q & A ForumCategory: Mutual FundsInvestments in Mutual-fund (First time investor)
rushada2006 asked 8 years ago
Sir, I am fist time in mutual fund. Now am investing Rs. 5.00 Lacs in SBI FMCG Fund for 1 year lock in period. Can I expect 12% return after 1 year. Any other fund for suitable in low risk.
1 Answers
Sreekanth Staff answered 8 years ago
Hi, If this is your first MF investment, suggest you not to consider investing in Sector oriented schemes, as they have higher risk profile. Also, your investment time-frame should ideally be long term (say >7 to 10 + years) to pick such funds.    
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