I would like to invest my hard earned money of Rs.4 lacs in mutual fund for a period of 2-3 years, can any good man pls guide me if i shud invest in MF and if yes, which , i dont mind low interest but it shud be guaranteed to give me some profits and my money in 2 yrs
RE:pls guide me, Iam a handciap man
by RIZWANUL HASAN on May 07, 2008 12:38 PM Permalink
Hi, All Mutual Funds are risky no body could gaurantee.If u wanna secure return go for bank FD kind of thing. But in normally mutual fund could double your money in 2-3 Years. Go for diversified funds of ICICI, HDFC, Reliance, Sundram like funds. Also put your money in phrased manner so that if market dips.
RE:pls guide me, Iam a handciap man
by Billa on May 07, 2008 12:25 PM Permalink
Put you are money in fixed deposit or in Gold. MF is not safe investment option.
RE:pls guide me, Iam a handciap man
by A Bc on May 07, 2008 12:24 PM Permalink
Yeah - invest all of your money in Reliance - I can guarantee you the price will go up and up - and if it falls below the purchase price, you get to stay for 1 day at the new Ambani residence (when it's completed) - so, a very good buy.!!
RE:pls guide me, Iam a handciap man
by nanda kumar janakiraman on May 07, 2008 10:50 PM Permalink
hi kumar, i suggest that u invest ur Rs 4 lac in Bank fixed deposit or Post office Monthly income scheme ( both will Give 8%)and the interest u earn can be invested in SIP. Dr.Nanda
RE:pls guide me, Iam a handciap man
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:pls guide me, Iam a handciap man
by Amit Phatak on May 07, 2008 12:27 PM Permalink
don't buy MFs through an agent. buy MFs directly from MF company (through their website or their office) and get entry load exempted!
RE:pls guide me, Iam a handciap man
by KRISHNA C on May 08, 2008 09:28 AM Permalink
ha, there are so many health tips available in sites but we consults professional, likewise 1st identify worthy agent,allow to discuss. Then invest or not is the 2nd. The human mind is just like well, always generate so many queries, 3rd understand about "service". Man cannot live without help of human.Instead of feel allergy, or ours previous experience not give positive results, review past. this is main for invest in Mfs Schems. By KRISHNA
RE:pls guide me, Iam a handciap man
by Gautam Sinha on May 07, 2008 02:55 PM Permalink
Hello, please diversify. do not go fully for mutual fund if your target is 2 years. 3-5 years is what people advise for mutual fund. better you park that money in different instruments including gold and mutual funds and most important go for different agents and NOT one single agent
RE:pls guide me, Iam a handciap man
by Kinjal Vora on May 07, 2008 12:16 PM Permalink
sir, mf is good but related to market, so there is risk. please be careful and then invest.
RE:pls guide me, Iam a handciap man
by Vikas Vadgama on May 20, 2008 02:27 PM Permalink
I think FDs are best bet as medium term future of the market does not look good. Next year there are elections & if new Govt. comes, it will take time to settle down. Since capital protection is prime concern for you, please keep your money in FDs. However, TDS will be deducted on interest above Rs.5K. Hence, keep only Rs.50K in one bank. Make 8 FDs of Rs.50K each.
