Which Mutual Fund is best in returns with minimum lock period?

[Fundu Vishy]

Ravi,

Hearty congratulations for having taken a decision on saving and investing. It is also interesting to see that you have chosen to invest in Mutual Funds though you are not confident about your knowledge on the same.

My first input for you would be to request you to gather some basic knowledge about mutual funds and how they work. What are the things that you should look at while choosing a mutual fund scheme. There are various places where you can learn this.

As the second step, I would request you to look at defining your objective for this investments. This 25-30K per annum - what do you expect from this and by when.

Depending on these two steps, you can choose to invest in schemes, which best suit you. The article on "Basics of Mutual Funds" and "Six Things to look at while choosing a mutual fund scheme" in my blog (links listed in sources) would be of great help to you. Further, as I believe the savings will be out of continuous income flows that you would have say monthly, it is better to explore the possibility of using the strength of Systematic Investment Plans( SIPs)

Wish you the very best in your journey towards wealth creation

--
Fundu Vishy - Your 'Mutual' Friend
Follow me on twitter @funduvishy
I blog @ http://blog.powermf.com