Respected Members
,
I am a newbie and contemplating invesitng in Mutual Funds by way of SIPs. I intend to invest a modest amount of 3000k-4000k per month in a divesified equity fund.
However, I am not clear as to whether to invest the entire amount in one go or to spread it across two funds (Rs 2000 each). Secondly, I also would want some advice with regard to the funds I could zero in on and also the basis for comparsing different funds. Have heard a lot about the performances of Reliance Growth, DSP ML Euity and SBI Magnum Contra Fund... Any other Which one should I go for?
I know that these quesitons sound amateurish but I would humbly appreciate the opinions/suggestions of the experienced members on this key issue.
Best Regards,
Arpit