2007-01-20 23:41:08 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
If you are going to invest that amount monthly, you will need to invest in more than one mutual fund to reduce your risk and to increase your probable return. Over 3 to 5 years your are talking a significant amount of money. Do not place over 60k into one mutual fund. Pick ones with different investment objectives. Domestic large cap, domestic small cap, international, value fund. Like that. There are many good companies to pick from and you do not need to get each of your funds from the same company either.
2007-01-21 02:50:01 · answer #1 · answered by Anonymous · 0⤊ 0⤋
This will be a better choise
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2007-01-23 16:45:41 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Cool.
This is precisely what I do.
I selected Reliance Growth, Magnum Contra Growth and Sundaram.
I am going to hold for all of 2007 and some of 2008 depending on how it goes this year.
GL
KKP
2007-01-21 23:42:37 · answer #3 · answered by KKP_Investor 3 · 0⤊ 0⤋
If you really want to invest in mutual funds.
Search this site- www.amsureindia.com
If you are looking for double benefit of your mutual fund ask me. I can sent you details about best mutual funds by mail.
My Email is ashad_friends@yahoo.co.in
2007-01-21 16:05:13 · answer #4 · answered by ashad_friends 1 · 0⤊ 0⤋
There are many diversified funds with a monthly SIP of Rs.1000.00 Spread your investment amongst sundaram. sbi. hdfc, and birlasunlife.
2007-01-21 09:55:25 · answer #5 · answered by cvrk3 4 · 0⤊ 0⤋
if u have time invest TIME &
trade in index commodity with chart
details on my blog
no MF
2007-01-21 12:19:28 · answer #6 · answered by dinu_pawar 5 · 0⤊ 0⤋
ICICI POWER(POWER SECTOR)COZ POWER & ENERGY IS OUR FUTURE.
SUNDARAM MIDCAP(ONE OF THE BEST IN GIVING RETURNS)
SBI CONTRA(AGAIN BEST IN GIVING RETURNS).
TO ENSURE ABOVE FUND VISIT ANY MF SITE LIKE MONEYCONTROL
2007-01-22 10:10:44 · answer #7 · answered by mory k 3 · 0⤊ 0⤋
you will be checked past perfomence of different sceams of different firms after you decide. if you are in india i can tell obout it
2007-01-21 07:50:36 · answer #8 · answered by keral 6 · 0⤊ 0⤋