hi all, i m an indian working in gulf with saving of 90 k p/m i want to invest approx 5 lac for a period of 5 yrs in Mutual funds. i m new and never invested earlier plz advise on following a)wwht return i get after 5 yrs on investing 5 lacs now. b) can i invest in mf etc do i need any docs to invest (i have NRE account back in india with monthly deposits of approx 90k). what are the best MF and how i can buy . i would b grateful if u guys can help and give me an understanding little bit in detail , Thx in advance . samir
RE:MF & ELSS investment
by Eisen Picardo on Jan 28, 2008 12:20 AM Permalink
Hello Mohd, My Name is Eisen.I am no broker. Another guy like you who learned inesting the systematic way and myself myself good.I dont know which part fo gulf you are in.I would be in Dubai between 15th-25 Feb.Mail me on eisenyoung@rediffmail.com. We can strike up a meeting. Regards, Eisen
RE:MF & ELSS investment
by SRIVARI NARASIMHAM on Jan 30, 2008 02:05 PM Permalink
Hallo Don't put in Mutual Fund, Pl. put in Reliance Unitlined fund, where we are having Capital Guarantee for the amount we have invested. If market is down also we can get what we have invested. Pl. call me for further information @ 9346919062
RE:MF & ELSS investment
by jagdish raju on Jan 30, 2008 03:15 PM Permalink
Some good MF's (growth option) are Birla Top 100,HSBC Advantage India,Reliance Diversified Power,Reliance equity Fund,Sundaram BNP paribas Select Small Cap etc. You can also use the S.I.P (systematic Investment Plan) to expect a reasonable growth in the next 3-4 years
RE:MF & ELSS investment
by anwar shaikh on Feb 06, 2008 11:55 AM Permalink
INVEST IN MF THROUGH SIP RELIANCE GROWTH SBI GLOBAL HDFC EQUITY SUNDRAM LEADRERSHIP SUNDRAM SELECT MIDCAP SBI TAX GAIN DONT INVEST IN ONE FUND MAKE IT DIVERSIFIED
RE:MF & ELSS investment
by verghese george on Jan 27, 2008 06:43 PM Permalink
Tata aig is a good option you can get min 3 times in 3 years.. contact pgverghese@hotmail.com for details
RE:MF & ELSS investment
by SRIVARI NARASIMHAM on Jan 30, 2008 02:07 PM Permalink
Hallo Samir My advice is go for Unit Linked Plans where our capital investment is guaranteed. call for further information 9346919062
RE:MF & ELSS investment
by akhil kumar on Jan 28, 2008 09:15 AM Permalink
yes you can. mf is an market linked investment choosing a good fund wil get you min 20%returns per annum also you wil have the power of compounding call for help 9980943646
RE:MF & ELSS investment
by sheenu gupta on Jan 27, 2008 11:16 PM Permalink
there r many good MFs in the market...see help from website moneycontrol.com....return in 5 yrs will depend upon how the markets behave in the future...ur money could become 3-4 times if markets behave as it has done in last five years...but difficult to predict....all the best
RE:MF & ELSS investment
by Sunil Bartwal on Feb 05, 2008 12:22 PM Permalink
hi, i m also an investor like you.., you just invest 20% of amount (you want to invest) in Reliaqnce Petrolium(RPL),10-20% you can invest in Petronet,Both are gud one. For Rest of amount you should take advise from some gud consultant.
RE:RE:MF & ELSS investment
by kushan thakershy on Feb 04, 2008 01:24 PM Permalink
log on to moneycontrol.com and go to MF section and see the ratings...invest in some MF or SIP that has 5 stars...
RE:MF & ELSS investment
by Ranjith D on Feb 04, 2008 12:23 PM Permalink
*** You can invest in MF's, you need to Have a PAN number. If you approach like SBI and all they have experts/advisers they will help you to get PAN card.
*** check sites like www.Moneycontrol.com
*** you can get advise from the MF experts.
*** Best is SIP(systemeatic Investment Plan) get an idea of some 12-15 MF funds(initially). look how it works.
*** Slowly when you do your own reserch, interest will grow in the market, You can go for Online Trading as well.
