RE:please guide
by saravanan on Jan 26, 2008 12:09 AM Permalink
For More Details SMS your No or CALL me P.SARAVANAN, Mutual fund & Insurance Advisor, Mobile: 9444154795, Email:saravananmfprofit@gmail.com.
I have just started working in my 1st job. I would be getting around Rs.16,000/- per month & almost Rs.6000/- would be gone as expenditures. Please let me know where & how much can i invest to get tax waiver and also good a investment.
Can you kindly throw some insight about the all equity SIPs(or SIPs with predominant share of equity>80%).What kind of returns on a YOY basis can we expect and is it a good time to invest in all equity SIPs when the market has risen to 7800.Moreover what kind of lock in period should we keep in mind when we go for such a scheme and what is the risk exposure.
Information is quite good. I had invested in HDFC could you please tell me other reputed Mutual Funds and detailed working of SIP. When it is advisable to sell off Mutual funds and approx. what %age of returns(avg.) a person can expect from it.
