Lux Investing - I m beginner. Want to invest in mutual fund. Need Suggestion?

I m beginner. Want to invest in mutual fund. Need Suggestion?

i m 24 yrs old and want to start investment. My salary is 25k/month and saving around 15k. By reading articles, analysing ratings on web, i decided to make investment through sip in following funds: DSPML TIGER HDFC Equity Principal Personal Tax Saver SBI Magnum Balanced ICICI prudence Infrastructure Kindly suggest me, should i go with them?

Public Comments

ICICI prudence Infrastructure The infra structure plan is a good. As India has to improve its Infrastructure for a double digit growth Before u do check whether u get a tax benefit. if so how many years the money cannot be taken from the funds Ask these questions & the invest in what ever u like
Boy, what are you doing that earns you $25,000 a month, and how are you managing to spend $10,000 of it? I would just go with a Financial Advisor if I were you.
Good balance - but at your age you have a lot of risk tolerance as well - you can afford to take chances - mutual funds are fairly diversified and not too risky.... Definitely seek professional advice - but if you have a little play money, I have a unique opportunity in the oil industry - let me know if you would like further info...
infrastructure is good option if your looking for returns but if doin it only for tax saving then go for SBI ,DSP or Franklin's tax savers . franklins yeilds a good returns despite being a taxsaver.
You can go for study on www.moneycontrol.com in Mutual Fund section. This is free site of CNBC . My advice is DSPML , Reliance RSF ICICI prudence Infrastructure All the best . Also I recommend SIP .
Your choice of fund is very good & I have also invested in all these. You can also consider JM Basic, Reliance Growth. Last year on 7th March, all Mutual funds were on their lowest level. This year too I wish this downfall end today & market start moving up from today.
you have studied well and get best funds, but some are missing: Reliance Diversified Power Sector Fund Sundaram Select Midcap add these in your portfolio and get maintained well diversified portfolio. can contact me also for starting the SIP's or any MF investments.