How to invest in mutual funds?
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I want to invest in mutual funds, and I am a beginner. Before investing, I have a few questions that I want to clarify for a safe and systematic investment in the future.
- Explain to me how I should start my financial journey with SIP. What are the main steps I need to know before starting?
- How to identify my short-term and long- term objectives, is there any way to do that?
- How can I tell if the amount of risk in my investments is right?
- Once I understand everything, how do I choose the best mutual funds for my SIP? What are the factors which i should consider?