It’s very difficult to choose the mutual fund schemes for investment. It’s easy to choose for those who already have good knowledge about all mutual fund schemes. If you completely new to mutual fund investment the best recommended schemes is SIP. SIP is the best schemes for new investors because it has good historical returns records. Those who invested their idle money only Rs. 1000/- per month for long term, now they have good returns. Every new investor needs to follow some steps before investing in SIP Schemes.
Decide first you must have regular income
Plan and Set Investment amount for long term
Choose the number of Years to invest in best SIP Schemes
Do not redeem your investment amount before completion of one year otherwise you will have to pay 1% exit load.