I've recently started my carreer with Polaris Software Lab Ltd,Hyderabad.my take home salary is around 25k and after all my monthly expenditures i can invest Rs.7000 PM in mutual fund SIP (Tax Benefit). Kindly, guide me for the same.Also request you to guide me for any insurance plan available for my kind of a investor.
RE:SIP
by Sandeep Nangrani on Sep 12, 2007 04:28 PM Permalink
U can invest ur amount in the following funds - Reliance Vision, Reliance Growth, HDFC Equity, SBI Global, SBI Contra, Tata Infrastrucure and HDFC Prudence. For Tax Saving, invest in the following - HDFC Tax Saver, SBI Magnum Tax Gain.
RE:RE:SIP
by saravanan on Oct 15, 2007 08:12 PM Permalink
Hi, U can invest in Mutual Fund for Tax means U have to invest in Closed ended Fund Schemes only that means it as 3 years Lock in Period.
U can Take Insurance also But in Insurance u have little bit charges is there.
For More Details SMS your No or CALL me P.SARAVANAN, Mutual fund & Insurance Advisor, Mobile: 9444154795, Email:saravananmfprofit@gmail.com.
RE:INVEST
by saravanan on Jan 25, 2008 11:44 PM Permalink
Hi, U can invest the Amount as per u'r Wish But what is your goal for this investment(Only Wealth creation or U can tax benefit also).Depends Upon your required the investment fund will vary.
For More Details SMS your No or CALL me P.SARAVANAN, Mutual fund & Insurance Advisor, Mobile: 9444154795, Email:saravananmfprofit@gmail.com
RE:INVESTMENT
by maulik dave on Sep 09, 2007 07:34 PM Permalink
kindly give me advise to save rs. 1500 to rs. 2500 per month under sip. how to invest ? should i invest in more than one company or a single company for such type of small amount ? for what duration, should i invest ? remeber that i want tax benifit usder elss. thanks.
RE:wants to invest 3000pm
by saravanan on Oct 15, 2007 08:30 PM Permalink
Hi, It is good to Invest SIP.But u are looking for Wealth or Tax.Because for Tax means U have to invest in Closed ended Fund Schemes only that means it as 3 years Lock in Period.
The fund selection is very important compare the Company. For More Details SMS your No or CALL me P.SARAVANAN, Mutual fund & Insurance Advisor, Mobile: 9444154795, Email:saravananmfprofit@gmail.com.
RE:wants to invest rs 3000 p.m.
by saravanan on Jan 25, 2008 11:52 PM Permalink
Hi, The fund will vary person to person based on how much risk is willing to take etc...The Mutual Fund Company is not much important.
For More Details SMS your No or CALL me P.SARAVANAN, Mutual fund & Insurance Advisor, Mobile: 9444154795, Email:saravananmfprofit@gmail.com.
iam planning to invest a 2000 rs/month in SIP scheme. Should i invest whole amount in one SIP or divided amount (1000 rs) in different SIP's. I also want to know which are the top 5 SIP companies where i can invest my money?
I am planning to invest a 5000 rs/month in SIP scheme. Should i invest whole amount in one SIP or divided amount (1000 rs) in different SIP's. I also want to know which are the top 5 SIP companies where i can invest my money?
RE:Whose SIP Scheme is better?
by saravanan on Jan 25, 2008 11:58 PM Permalink
Hi, Instead of Investing into Single fund.In 5 funds u can put each Rs 1000/-.The fund selection will vary based on your risk u want to face.
For More Details SMS your No or CALL me P.SARAVANAN, Mutual fund & Insurance Advisor, Mobile: 9444154795, Email:saravananmfprofit@gmail.com.
