I want to invest Rs.5000 in mutual funds? How much return can I Accept? Which are the best Mutual Funds in India to invest in with the maximum returns and low risk? Can a minor say 13 years invest in mutual funds? What will be the amount after 5 years?Will I have to give taxes for that?
2006-09-16 03:04:08 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
Here are some sites that can help you
http://finance.indiamart.com/markets/mutual_funds/
http://www.mutualfundsindia.com/
http://in.mutualfunds.yahoo.com/
http://www.hsbc.co.in/in/personal/mfs/mffaqs.htm
To get these sites, I simply did a search on "India Mutual Fund"
2006-09-16 13:09:00 · answer #1 · answered by dredude52 6 · 0⤊ 0⤋
I am in the USA and I only invest in retirement accounts, which are tax advantaged. I put my son's investments into an Education account for tax free gains.
The tax laws in your country are probably different.
2006-09-16 04:52:29 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I HAVE BEEN TRADING CURRENCY FOR A WHILE FOUND THAT IT IS WAY MORE LUCRATIVE THAN STOCKS SO IF YOU ARE INTERESTED IN CHANGING THE WAY YOU LIVE AND WANT MORE FROM LIFE,THAT NICE CAR, BIG HOUSE, THEN MAYBE YOU SHOULD INVEST IN CURRENCIES, I WILL TELL THAT I STARTED OUT WITH ABOUT 5000 INVESTED AND I MADE AN ADDITIONAL 4000 IN ABOUT 3 MONTHS. http://www.easy-forex.com/Gateway.aspx?gid=18712
2006-09-18 10:09:16 · answer #3 · answered by andre h 1 · 0⤊ 0⤋