I am new to investment. So to be in a safer side I start my investing in the mutual funds with SIP which have tax exemption scheme like SBI Magnum tax gain. Since my first investment my monthly investment will be Rs 1000/- pm. I have plan to invest in the SBI Magnum tax gain scheme. Is it ok? or Can I invest any other companies MF. After 1 year with this experience I can spread my investment plans. Give guidelines regarding this.
Thanks in advance to the experts….