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I want to invest 5000 per month in mutual funds for 5 years, but i dont know about mutual funds please guide me which is the safest mutual fund in which i can place my reliance.
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We can't use the word "Safest" with mutual funds. There is always risk associated with mutual fund investments. You need to understand the market risks, interest risks etc. before investing in them.

Secondly, for 5 years of time, you can invest in some balanced funds like HDFC Prudence Fund. The following links will help you.

http://www.investmentkit.com/articles/2010/10/best-indian-mutual-funds/

http://www.investmentkit.com/articles/2010/10/what-are-balanced-mutual-funds/

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u can invest Magnum sector funds Umbrella CONTRA FUND in SBI MF it is an open ended equity scheme.. because of in this scheme they invest the almost all money into the large cap..
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