In which mutual fund should i invest ?

Question

I am a salaried professional who started working last year. At this point of time i am exploring my options at investing some amount out of my salary for my future. At this point of time i will be able to spare only Rs.2000 to Rs. 3000 monthly. Being a first time investor i am not familiar with all the funds. Can anyone advise me on which fund should i invest ? Should i go for an SIP of a particular fund or Buy funds every month. Is it possible to buy funds for just Rs. 2000 ? Will it be benefitial considering the entry and exit loads.

Answer 1

GO TO SITES LIKE ICICIDIRECT.COM AND MONEYCONTROL.COM

Answer 2

Another book is Investing Made Simple. These are like study books that they make for self-help things. If your young, you can afford to take a lot more risk than a person 60 years old.You need to diversify. Shop around for a stock broker and don't take the first one you go to, because are better than others. If buy mutual funds, try to purchase no loads. You don't have to pay a comission on the front end. Some times they call them (c )funds.
a) funds you pay a nice hefty commission. Look on the internet how funds are doing so you can get a feel for what may be something you might be interested in. A good financial planner can give you a lot of good ideas. Some also are stocker brokers.
Hope this has been helpful.

Answer 3

I would recommend a REIT Fund (Real Estate Investment Trust)

and an Index Fund

and a Blue Chip Growth Fund

The Index Fund is not actively managed, therefore lower fees.
The REIT Fund is a great long term investment option
Blue Chips are a great item to have in your portfolio.

Trowe Price is a good company to go with. I would elect to buy shares monthly. There are many no load funds.

Good Luck!

Answer 4

Mutual funds are a ingredient of the previous. the fees to pass into, to go out, and to maintain take a great form of the revenue. Over $1T have left mutual funds and are not invested in ETF's. much less stressful to alter ETF's and the fees are so much less. not at all purchase Mutual funds by using an entire provider broking provider.

Answer 5

Start buying the mutual funds the SIP way.
just visit
www.easymf.com
or
www.moneycontrol.com
for assistance.
There is no need to bother about the entry n exit loads,If the fund u select is good enough u will well be rewarded.

Answer 6

hi
for a salaried person like you i woul suggest an SIP because if u investing rs2000 or 3000 in an sip it will give u good return over a period of time, even more than one timme investment.
as far as mutual fund selection is concerned than ur data is insufficient for answerin that question.

you can write to me in detail at ' [e-mail] '
i m an mutual fund advisor myself based in mumbai n will be able to help u regarding ur investment.

Answer 7

I've answered this question many times in the past 2 weeks. If you search the previous answers, I think you will get the detailed versions of my answers.

SIP is best. Reliance Growth / Sundaram are best to me for the long term.

Good luck.

KKP_Investor

Answer 8

Emerging India and China fund.

Answer 9

You can opt for Tax savings funds. But remember they have a locking period of 3 years. If u want invest in tax savings fund u can look into HDFC, sbi , icici tax savings funds.

Answer 10

The china fund. CHN

of The India Fund. IFN

Both are growing markets.

Answer 11

even 1000 is enough

go for sip scheme of any mutual fund