I am 21 year old and I want to invest in mutual fund through SIP. I can invest 1000 PM. Please suggest MF scheme for long term. I am new in this field have no idea. And I can take little risk. Please suggest?
Since you can not take much risk but can invest for the long term, you can invest in hybrid debt funds, also know as MIPs.
You can see the consistent performing MIPs from here https://www.advisorkhoj.com/mutual-funds... You can invest either in ICICI Prudential MIP 25 or Birla Sun Life MIP II
In case of any further query do write to us. Thanks :)
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