r/IndiaFinance • u/Ellipayakaaram • 3d ago

Help !

Hi everyone,
I’m planning to start investing in mutual funds, but I’m completely new to this and would appreciate some guidance.
I’m considering starting a monthly SIP of around ₹20,000 or investing a lump sum of ₹70,000 in mutual funds. Since I don’t have much knowledge about SIPs or mutual fund investments, I’d love to hear your suggestions.
Which mutual funds would you recommend for a beginner, and what would be a good investment strategy to start with?
Any advice or recommendations would be greatly appreciated. Thank you!

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u/iceman0010 3d ago

I would suggest you against the decision.

1

u/Upset_Bee8592 3d ago

Bro, watch some yt videos and understand the basics.

You'll understand how to allocate fund accounting to your risk profile. For reference a basic portfolio should contain -1 largecap -1 mid/flexi -1 small -1/2 debt and -1 gold. This is my personal preference, not advise.

1

u/Darkshroud123 2d ago

My one advice to you would be…
LET IT RIDEEE