can anybody tell me about mutual fund, i dont have any basic idea about it, but i am planning to bye mutual fund of HDFC, Will it be right decision? answers awaited from forum
RE:can anybody tell me
by Vikas Vadgama on May 07, 2008 12:19 PM Permalink
i am agent, can help with mf investment in mumbai. please give your contact immediately.
RE:can anybody tell me
by ANIL KUMAR on May 07, 2008 12:28 PM Permalink
by Kinjal Vora on May 07, 2008 12:23 PM desperate agent is here. all please beware of such type of agents.
RE:can anybody tell me
by DEVASHISH PATTANAYAK on May 07, 2008 01:00 PM Permalink
Send them for a one time advise to a physic legal consultant.They will never return to you. By-Devashish Pattanayak .
RE:can anybody tell me
by Manali Thomas on May 07, 2008 12:40 PM Permalink
Mutual funds are basically a Company which invest your money and my money in a profitable venture of their choice. They have investment Managers who study the company's prospects and invest wisely. Sometimes, even careful investment may flop and they lose money which in turn you will also lose.
RE:can anybody tell me
by Commander Balaji on May 07, 2008 12:33 PM Permalink
Dear Mr Ajay, Always better to consult an investment broker not withstanding his market talk as he will convince you to invest. However, some basic factors you need to know are NET ASSET VALUE of a MF, whether it is Growth only (means you invest Rs.1000/- and it should grow to say Rs.1200/- in 3 months and you can withdraw it- remember it can also go down depending on market conditions), Dividend scheme, Tax Saver (usually 3 year lock in period - you get Tax benefits upto 1,00,000 under 80C) - Tax Saving Dividend say 25% means your actual income is Tax 15% 25% = 40%, don't put all your eggs in one basket, spread your portfolio, different Companies and different segments, mid cap etc. Better to go in for NFO - New Fund Offers whose face value is Rs.10/- i.e. the NET ASSET VALUE. Happy Investing and always be a long time investor as also an early starter age wise.
RE:can anybody tell me
by Vikas Vadgama on May 20, 2008 02:24 PM Permalink
Dear Mr. Balaji, please note it is not recommendable to invest in NFO. The existing schemes have track records to analyse which is not available in case of NFOs. However, you can invest in NFO if it is offering something different which other MFs do not have.
RE:can anybody tell me
by Pritimayo Patra on May 07, 2008 01:02 PM Permalink
are yar if u have mony then deposit in bank as termdeposit, or buy some properties. these MF and share market are over hyped one they may hive higher return in long turn but there is no certanity. so they may destroy u also. and dont bother about inflation. if u buy some property that will mach that.
