Newbie. Need guidance!!!
I'm a newbie and don't understand market, reasons of up-down. For long term, keeping moderate to low risk how to know, where and how much to invest? I am starting with 5k/month sip, in which 10% invested in gold. With time and knowledge I will invest more.
ICICI pru gold etf fof direct growth - 500 Thinking of, parag parikh flexi cap - 1000 Rest in a multi asset - ICICI, Quant or Nippon. Not sure which one. Or any large, mid cap or something?
Keeping the FD part aside, cause I do that. New to this mf sip thing. Also, I will start ppf for tax exemption.
Risk- moderate Goal- wealth in long term Horizon- 5-10yr minimum
Need guidance!!!