I want to invest preferbly in mutual fund/ stock market to get the above return for the next five years( cummulatively)
2006-11-12 01:18:15 · 13 answers · asked by failed 1 in Business & Finance ➔ Investing
You can invest in mutual fund:
a) Sundaram Select Midcap (Growth)
b) Pru ICICI SPIcE Plan
c) SBI Magnum IT Fund
d) Birla Tax Relief 96
e) CanBalanced II
Never invest the whole amount in one fund. You can devide and invest 40,000 each in one scheme. Good luck
You can check the site http://www.chennaiview.com/mutual/fund.htm for more details and help.
2006-11-12 03:18:20 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Don't buy mutual funds. The mutual fund managers and employees all have to get paid and it cuts into your earnings. Bc of this fact, they're less attractive and so they pay advisers to recommend them, further cutting into your earnings. Do some research to find good companies to buy stock in.
As for 40% return, the stock market has returned an average of 11% historically, so you won't get that in a broadbased investment. If you're that serious about getting that return, try Berkshire Hathaway or find value companies yourself. That's your best bet.
2006-11-12 08:08:46 · answer #2 · answered by STEPHEN J 4 · 0⤊ 0⤋
In mutual funds/stock markets 40% return is possible but there is no guarantee. Mutual funds/stock market returns are subject to market risks. If returns are higher then risk is also high.Several mutual funds have delivered more than 40% returns. No funds will give any guarantee for any returns. In all mutual fund applications the words "Past performance may or may not be sustained" available.
2006-11-12 01:54:06 · answer #3 · answered by Nathan 2 · 0⤊ 0⤋
Reliable Mutual Funds
2006-11-12 01:31:34 · answer #4 · answered by Sonu Raja 3 · 0⤊ 0⤋
There is no safe place to invest that will give you an annual return of 40%.
2006-11-12 01:24:55 · answer #5 · answered by Anonymous · 1⤊ 0⤋
try investing in Infosys
or go into ICICI Bank Mutual Fund --- #1 in India!
or why not invest in government bonds?
2006-11-13 04:33:27 · answer #6 · answered by sushobhan 6 · 0⤊ 0⤋
Hi,
I know the way. Please don't hesitate and contact me by e-mail vp_invest@yahoo.com
Of course if you are searching for traditional investments into different funds then it would be related with very high risk and rather your final balance would be negative. However believe me it’s possible to earn 40% annually almost without risk at all. So please contact me and I inform you.
2006-11-13 03:05:58 · answer #7 · answered by VP 3 · 0⤊ 0⤋
invest in post office scheme MIS perhaps will give you a steady income and the money is safe with some preconditions ofcourse .....tax benefits are there too.........
2006-11-12 02:54:17 · answer #8 · answered by skymztr 2 · 0⤊ 0⤋
Any one suggesting such safe investment providing you a return of 40% per annum is conning you. please note that return is directly proportional to risk.
2006-11-12 01:30:44 · answer #9 · answered by cvrk3 4 · 1⤊ 0⤋
pl.invest in sbi bluchip fund
2006-11-12 01:28:50 · answer #10 · answered by pramod_bhikhampur p 2 · 0⤊ 0⤋