In my view, it's a good starting read to understand mutual funds (& other related products) for the beginners. Almost every product/concept has a 'their take' section which I found helpful. Of course, it's up to you whether you follow it up or not. At ~175 pages it provides a nice overview which won't take forever to read and you can easily move to explore concepts which interests you. New mutual funds/SIP enthusiasts should have a crack at it!