There is dedicated site for mutual funds i.e. www.indianmutualfunds.page.tl
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There is dedicated site for mutual funds i.e. www.indianmutualfunds.page.tl
Mutual funds fall into three categories:
* Equity funds are made up of investments of only common stock. These can be riskier (and earn more money) than other types.
* Fixed-income funds are made up of government and corporate securities that provide a fixed return and are usually low risk.
* Balanced funds combine both stocks and bonds in the investment pool and offer a moderate to low risk. While low risk may sound good, it is also accompanied by lower rates of return-meaning you risk less, but your investment won't earn as much. You have to decide how much risk you're willing to take on before you invest your money.
so you have to know what to invest and where to invest before deciding on anything particular.
Some of the good funds in the market are from ICICI,Reliance and Franklin Templeton!