Before you invest in mutual funds through you should consider the following points. You should first identify your goal. You should then invest to reach your goal. Investing with goal in mind keeps your committed to your investments. You should decide your risk taking ability. You should not invest without knowing your risk tolerance.
You have to decide your investment time frame. You should do research and find mutual fund products that suit your requirements. The objective of the funds you invest in should match your investment objectives. You should invest in 3 - 5 funds and diversify your investments.
You should diversify your investments across equity, debt and gold. The risk in one asset can make up for the loss in another. You have to decide how much to invest across each asset class.
Why invest through SIP?
There are many reasons to invest through SIP
The author is blogger and likes to blog on the many topics on mutual funds. Currently the author has briefly explained about SIP investment plan.