Hi, Its Srikanth Matrubai here. I am 36 years old Certified Mutual Fund Advisor based in Bangalore. I am in the stock markets since 1991. After going through the stock market turbelance for more than 17 years, my conclusion is that the mutual funds are the best avenue for investments. Share Market is the best avenue for returns but here you need patience, experience and lots and lots of luck and also you should be ready to lose some money (at least in initial stages) and last, but not the least, you should have deep pockets.

So, my advice is for the First 3-5 years you are better off investing in Mutual Funds, where even a SIP of 100 is available. My favourites are Birla Sunlife Frontline Equity, DSPML World Gold, DSPML Natural Resources, DWS Tax Saving Fund, Fidelity Equity, HDFC Prudence, HDFC Top 200, JM Contra, Principal Personal Tax Saver, Reliance Growth, Reliance Vision, SBi Magnum Balanced, Sundaram Select Focus, Sundaram Rural, Templeton India Equity Income, .

But whatever your choice of fund is, Always consult a Good Mutual Fund Advisor or Boarders like Ranjan, Wadia,Ashalanshu,Pcspune and always always preferably invest via SIPs. I am not calling myself as an expert but I am a student of Mutual Funds here to share views and exchange ideas and make myself a Competent Mutual Fund Advisor.

For Direct Stock Investment, my Long Term Picks are GMR INFRA, FORTIS HEALTHCARE, KARNATAKA BANK, RELIANCE PETRO, SANDUR MANGANESE, SHREE RENUKA SUGARS AND WEBEL SL ENERGY.

As a Financial Advisor, my principal is "Do what is best for your client". If the client is happy, my business will grow in the long run.
You can also view my thoughts at my blog goodfundadvisor dot blogspot dot com
Best of luck