i want to make an investment in the mutual fund plans.So, the minimum amount to start the investment and minimum period of maturity of plan to get higher return as compare to the fixed deposit in the bank.
I want to make a investment in the mutual fund. So, the minimum amount to start the investment and also the minimum period for the investment to get the more benefits as compare to the FD in a bank.
Re: investment
by Ashu on Nov 11, 2016 08:34 AM Permalink
Minimum you can start from Rs. 500...
Bank FD can give you only 7-8% in current scenario.But Mutual funds have the power to give excellent returns CAGR of 17% per year if you stay invested for long term.
See below link for more about choosing best fund for you. www.theinvestmentmania.com/how-to-choose-the-best-mutual-fund/
I want to make a investment in the mutual fund. So, the minimum amount to start the investment and also the minimum period for the investment to get the more benefits as compare to the FD in a bank.
I want to make a investment in the mutual fund. So, the minimum amount to start the investment and also the minimum period for the investment to get the more benefits as compare to the FD in a bank.
I am 23 and earn 24000pm.My expenses are 2500pm and i end up saving 21500. I have set a deadline of 4 years to buy a house in mumbai for which i need 2000000. Kindly suggest me what saving methodologies should i use or where should i invest my savings to get the best returns in order to fulfill my dream well in time.
Re: Guidance to make foray into Mutual funds/SIP or other Investm
by Nitin Kasabe on May 08, 2013 05:33 PM Permalink
Go for Reliance Dual Advantage Fixed Tenure Fund – III – Plan C