kindly suggest me i should start from which Mutual funds. i am housewife and i have no other source of investment rather than monthly savings given to me help me in following matter.
1. should i directly buy Mutual funds without agent thru net.. if yes how??
2. which are indian finance site which give me correct information about mutual funds performance.
3. suggest me name of few good mutual funds to start with this feb only
2007-02-19 01:56:05 · 7 answers · asked by bebu 3 in Business & Finance ➔ Investing
Your investment decision is very good. Now a days mutual funds earns high return. Risk diversification is main advantage of mutual funds.There are several mutual funds like HDFC, Pru.ICICI,Reliance etc. You see the websites like www.icicidirect.com.
2007-02-22 21:19:39 · answer #1 · answered by sindhukannankattil 2 · 0⤊ 0⤋
Don't use mutual funds.Invest directly in oil or electric utility stock and join the dividend reinvestment plan and you can add money everymonth to buy more shares.Mutual funds charge fees for their so called expertise yet over seventy percent of mutual funds last year lost money.Do you really want to take advice from these losers? Why pay some mutual fund company to help you lose money,educate yourself and buy stocks directly. Read the wall street journal and other investment publications and absorb the information like a sponge.Creating wealth is a long term strategy.Knowledge is power.You can do it.
2007-02-19 11:46:38 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I do not know whether you are appointed or not but you say you are interested to save. For a beginner Mutual fund is not correct investment. You start an account with Post Office(Recurring deposit scheme) it will also help you in saving income tax and also give good return (interest) Your money will be safe.Any Mutual fund is subject to market risks and it is having a lock in period of minimum 3 years. THE CHOICE IS YOURS.
2007-02-19 10:28:09 · answer #3 · answered by padminiramesh@yahoo.com 3 · 0⤊ 0⤋
Hi, I run a firm called White Money Consultants, we deal with mutual funds, i would tell my investment specialist to send you the mail with regard to this, just mail me your City and email id to mpavan82@gmail.com
2007-02-19 10:34:03 · answer #4 · answered by Pavan 3 · 0⤊ 1⤋
invest Qyrly than mth
invest in balance fund for 10-15yr
sbi hdfc icici uti r few good one
more on sunidhi.com
2007-02-19 11:31:55 · answer #5 · answered by dinu_pawar 5 · 0⤊ 0⤋
I suggest http://www.easymf.com
It has all the details that would definitely guide you..
I think you are talking about SIP...
What ever it is.. Choose the Best , Do the Best and Leave the Rest !!!
2007-02-19 11:04:02 · answer #6 · answered by Jin 4 · 0⤊ 0⤋
do SIP (systemetic investment plans) in any mfs esp in power or infrastructure......
2007-02-19 13:35:54 · answer #7 · answered by mory k 3 · 0⤊ 0⤋