Best Investment

Please suggest me the Best SIP and Mutual fund to invest.
 - Utsav Shah 

Editor Responds :Thank you for writing to us! First of all, it is important to understand that there is nothing called the 'Best Mutual Fund Scheme'. This is because the investment in mutual fund serves a purpose and investors should know and understand why they are investing in it. Neither the investment in mutual funds (either through lump sum or SIP) nor the fund managers are the magicians who can double your money in the blink of an eye. So, keeping the return expectations reasonable is important. As every individual is different with different life situations and risk appetite, the best suitable investment too differs. In your case, we do not have a detail of your risk appetite nor do we know your life situations. Hence, we cannot comment as to which mutual fund is best for you. However, if you are new to mutual funds and equity investments then, it is always better to invest in an aggressive hybrid fund as they are likely to give you better investment experience.