How should I start investing in mutual funds?

What should be the roadmap for investment if I am a beginner?
- Md Abid Hussain

Keep it simple. If you can avail tax exemption under Section 80C, opt for one or two good tax-saving mutual funds and start investing in them through an SIP. If you do not want to go for an exemption under Section 80C, either go for a NIFTY index fund or opt for one or two good aggressive hybrid funds. For instance, the UTI Nifty index fund or the Mirae Asset Hybrid Equity. Invest through SIP and continue with it for at least three years.

Be disciplined and be at it through the ups and downs of the market without paying much heed to the noise around the market levels. Once you are able to do that, you will have a better understanding of how equity works and how equity markets behave. Hopefully, you will then be able to gain confidence in equities and plan your investments in a more nuanced way.