Well, if the hundreds of messages on ET Mutual Funds Facebook page is anything to go by, Diwali resolutions are a reality. We received many messages from our readers who wanted to start investing in mutual funds. Here is a quick guide to invest in mutual funds like a seasoned investor.Do not start with a scheme or category in mind. Equity-oriented hybrid schemes or balanced schemes are ideal for first-time investors and conservative equity investors. As a rule, avoid equity schemes if you are investing for less than five years.
Source: Economic Times October 24, 2017 10:18 UTC