News From Press Ask ET Mutual Funds: What types of mutual funds should I consider?

Ask ET Mutual Funds: What types of mutual funds should I consider?

Source: Economic Times Mar 22, 2017

I want to invest Rs 5,000-7,500 every month in mutual funds. I am 26 years old. What are the types of mutual funds I should be looking at?
--MV Aravindh

First, list your various financial goals. This will help you to identify the ideal investment vehicle to achieve those goals. For example, if your goals should be met within a few years, you should invest in bank deposits and debt mutual funds. You should invest in equity mutual funds to achieve your long-term financial goals.

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