How to choose best mutual fund for SIP- Check out in Detail

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Set out long term goals and tag SIPs to goal

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SIP on products based on your risk-return trade off

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It is important to invest in a fund that has a strong system and is process-driven rather than a fund that relies solely on the expertise of a Star Fund Manager when you pick the ideal SIP to invest.  

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The mutual fund that you have chosen has been in market for at least from the last five years

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The mutual fund you are planning to invest into should be operated by your bank. 

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The total size of the asset or the corpus should be huge. This is especially one of the basics if you are new to the world of mutual funds and finances. 

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Find the mutual fund that will help you meet your investment goal

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 Try going through the plans and avoid those which involve risks such as volatility and low liquidity.

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Hope you people found the story informative. For more such interesting stuff, click on the link given below

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