I want to invest rs 5000 in mutual funds.so which mf will be good.This is first time i am starting investing.?

Answer 1

I think HDFC mutual fund is good enough.

Answer 2

If you are investing for the first time... just a piece of advise...!!
If you are a salaried employee, it makes sense that you invest in a tax saving mutual fund, since you get the benefit of a tax rebate as well as better returns.
Given the current stock market scenario i would recommend you invest in "Magnum Tax Gain Scheme" fund.
This year they have declared a 110% dividend, and have shown consistent performance over the last few years.
The other Tax saving mutual funds being "HDFC Tax Saver (D)" and "Birla Tax Relief 96" funds.
To get an in-depth knowledge on Mutual Funds log on to www.moneycontrol.com or www.sharekhan.com.

Answer 3

There are a number of websites that can offer professional advise. Before you jump in I strongly recommend that you check out "who"is managing the fund and analyse the track record in terms of growth verses return against other MF's in the market. If its over-performing then yoiu need to look at the diversification of how the funds are being placed.

As a rule to first time investing, always invest in a low risk fund that normally invests in CDs and treasury notes with a yield of 5% per annum. Beware if the terms and conditions though cause you might pay a penalty if you cash in early.

best of luck and good day!

Answer 4

Hi,
If you could have given some more details it would have been better. Normally salaried people go in for mutual funds with tax savings option. This may not be the best mutual fund. But the thing is that it offers tax savings is important. among all the tax savings form mutual funds are the best. I my self have few varieties of mutual funds. Last year I took HDFC's tax saver mutual fund, it gave me close to 20% returns for one year. So i would say that you can go in for that or for Franklin Templeton. though i don't have it but I heard that it is also doing good. if you are not looking at it for tax purpose then you can even go in for SBI's mutual funds. But just don't go in the figures provided by the agents. As they are not really correct. icici's mutual funds are also doing good if you want to consider that you can go for that.

Answer 5

Sorta wait a bit. Things are going down in price. Ultimately, look for expense ratios and fees. No-load and low expense ratios give a better return. Look around at how the mutual fund is distributed %stock %bond.... More bonds the less volitile, for the most part. what companies they are investing in like AT&T or Nestle... I can't tell you but I can give you something to look for. $5,000 is just enough to start one mutual fund balance. Also, look at the dividends it gives. Good Luck to you!

Answer 6

Go to www.valuesearchonline.com and check the performance of various mutual funds. Pick a fund which has been performing consistently well over 3 year period and buy that fund. You shall sleep peacefully at night.

Answer 7

Start with HDFC Equity but keep a discilpines investing pattern

Answer 8

right this is one subject to bear in mind related to the Roth IRA account. there is rarely any tax on it the place as there is on your 401k. This turns into substantial while pondering your asset mixture. earnings producing investments are taxed on the completed tax cost as would be your 401k. consequently that's sensible to take a position a minimum of a few of your 401k in earnings producing supplies--bonds, LPs, REITs. The earnings from each and each of those is taxed on the completed tax cost besides. Now as a results of fact the Roth IRA is rarely taxed, it is likewise sensible to place those styles of supplies into the Roth IRA additionally. and likewise fairness investments. What you omitted to show are investments exterior of those 2 automobiles. in case you have some, they must be investments that must be taxed on the capital features cost--fairness investments. actually, until you're interior the utmost tax bracket that's sensible to have a ingredient of your fairness investments exterior of a 401k. with the help of doing so your finished tax bill would be decreased, extraordinarily while you're a protracted term investor. in case you have the least hankering to take a position a number of your money in gold and silver those actual could desire to be interior of a Roth IRA. the two are taxed as collectibles otherwise. yet another subject to contemplate in regard to the 401k is that in the time of years yet to come the tax cost could actually be larger, perchance plenty larger, than it at present is. given which you fairly have not got any determination of putting non-mutual fund investments interior of a 401k aside from perchance corporation inventory, it easily does make experience to take a position Roth IRA money in corporation shares quite than mutual money. yet be careful. that's extremely tempting for many to take a position with their Roth IRA account extraordinarily short term determining to purchase and advertising which otherwise could be taxed on the completed tax cost. that must be a solid thank you to cut back that fee of the Roth account. Be in simple terms slightly careful. make investments interior the likes of MCD, WMT, JNJ, BDX, KO, etc. or perhaps ETP with its 8% dividend or PAA with its 7.5% dividend. and don't make investments it in fewer than 5 distinctive agencies.

Answer 9

Invest in Nationalized Banks such as Indian Bank, State Bank etc.,. The money will be safe. You can also save money in Recurring deposit

Answer 10

Invest in any balance fund.