Hi,I am 25 and married. I want to invest in SIP manner. I want to invest in 2-3 sips..one or two for shoter duration like 2yrs and other for longer duration as i have some short time goals also. Please suggest which fund to select for shorter and longer term which will give best returns.
Hi,I am 25 and married. I want to invest in SIP manner. I want to invest in 2-3 sips..one or two for shoter duration like 2yrs and other for longer duration as i have some short time goals also. Please suggest which fund to select for shorter and longer term which will give best returns.
cani invest in sip for funds like hdfc equity fund, hdfc top 200 fund, reliance growth fund or reliance vision fund at this high value of their navs? & also suggest that in which type i invest I.e. in growth or dividend ? & for howmuch long time this sip will i continue?
Re: start sip
by Sukriti Kailthya on May 05, 2010 12:51 AM Permalink
SIP is available to all most all funds /schemes. u can choose SIP for 2-3 years without going for long term tenure.Growth and Divident is your option depending on your goal or requirement. If u do not need money within the tenure , go for Growth option.
cani invest in sip for funds like hdfc equity fund, hdfc top 200 fund, reliance growth fund or reliance vision fund at this high value of their navs? & also suggest that in which type i invest I.e. in growth or dividend ? & for howmuch long time this sip will i continue?
Re: about sip
by Sukriti Kailthya on May 05, 2010 12:59 AM Permalink
Mr. Hemant you can go for Reliance Pharma , Reliance Banking or Franklin Pharam.All these schemes have given good return almost 50% over a period of last 2 years
I have one SIP in Magnum multiplier plus 93 for Rs. 3000/-. How is this fund? Also, I want to invest in two SIPs of Rs. 1000/- per month each. Please suggest me two best funds. I am not risk averse.
Re: S.I.P.
by Sukriti Kailthya on May 05, 2010 01:44 AM Permalink
SBI Magnum Multiplier Plus 93 has not given good return in last 2 years.With a monthly investment of Rs1000/-starting from April ,08 and ending in March 10,i.e during last 24 months return is 8,000/-on investment of Rs 24000/-. In case of Sectoal Schemes like franklin Phara , Reliance Pharma,Reliance Banking return is 20,000/- or more in similar case. Pls go for the above schemesand if possible stop investment in the present scheme. ]gain is
I am of 22 Years of age. I got job recently with Salary of Rs 20000. I want to invest in Mutual Funds. As i am a beginer, Please suggest how proceed? I want to invest in Small quantities Until i get some Experince.