Quote Originally Posted by jimmy_moh View Post
Guys

Am planning to start invest on MF , and am thinking of invest 6000 per month on different funds, but I do have some queries. [some will be very childish, since I am new to theses MF please bear with me]

1: Starting with do I need to create any D-mat account for investing in MF , if yes suggest me from where I should take.
You can invest in MFs without a demat account.

2: I am planning to invest 6000 , in 4 different funds , 2k each on aggressive risky funds and 1k each on non risky funds.
Please tell me whether my approach is correct, and please suggest some funds.
More you diversify, it de-risk your portfolio.
- Are you talking about equity and non equity? (what do you mean by aggressive risky funds?)

It depends on your risk appetite and your investment purpose or goal.

3: Is it OK to select all the funds from same firm eg : from SBI it self select all 4 funds?
- But if all the funds your are investing in - are giving you consistent returns than what is the issue?

4: My aim is to continue the investment for min 5 yrs , is it good time to create profit?
5 years a good time frame, but I would suggest you to go for 5-10 years for equity MFs. Keep reviewing your MFs portfolio after every two years.

5: Is it good time for investment?
As answer to above query.