hi, i am arun, i am working in govt. sector as technical officer in punjab agro , i have very less salary. now i am thinking for saving the money in mutual fund... so please some body tell me merits and demarits of investment in MF, AND PLEASE TELL ME THAT IN WHICH COMPANY I HAVE TO INVEST MY MONEY????????????????????????????????
2007-01-09 18:48:18 · 5 answers · asked by arun mainka 3 in Business & Finance ➔ Investing
With a mutual fund, you don't get to pick what company your money goes into. A mutual fund is very diversified, if you want to pick, you'll have to pick individual stocks. Another bad thing about mutual funds is the taxes. I would think about stocks. I like GS, AAPL, and LVLT. CSCO isn't too bad either. Good luck in the markets!
2007-01-09 18:53:07 · answer #1 · answered by Arnold 3 · 0⤊ 0⤋
Try Bajaj Allianz, you invest around 30000 for 4 years if the return is 20% at the end of 16 years you will end up with 3 lakhs, if it is 40% you will end up with 20 lakhs and if 60% you will end up with more than 33lakhs. The company promises you only 20% but at present they are manitaining 64%. You have the added advantage of getting a life insurence also along with this. Also, you can withdraw money from the accumulated balance after 4 years.
2007-01-09 22:42:30 · answer #2 · answered by Mathew C 5 · 0⤊ 0⤋
There is no specific company to invest in through a mutual fund.
Whether you can earn positive returns are depended on your fund manager, your risk tolerance. Consult a investment officer in the bank for more information.
2007-01-09 20:59:37 · answer #3 · answered by Dang 3 · 0⤊ 0⤋
if u have time PC & net then
do homework & trade in index, commodity future
use aptistock freeware 4 buy sell signal
NO 4 MF
more details on my blog
2007-01-09 22:31:37 · answer #4 · answered by dinu_pawar 5 · 0⤊ 0⤋
ING Direct is the best out there!
2007-01-09 18:54:17 · answer #5 · answered by KeraniBai 3 · 0⤊ 0⤋