I want to invest Rs 60,000 in mutual fund for one year .
pls suggest me the fund so that i can get 60% return .
2007-07-30 19:38:41 · 10 answers · asked by ant 1 in Business & Finance ➔ Investing
Your expectations are extremely unrealistic. On average the stock market returns about 8%. But there are lots of funds out there that have consistantly high returns, and sometimes they even beat the market average. However, a fund could give you a good return one year, but then it might give you negative return the next year. You can try chasing the best returns, but you will eventually get burned.
But if you insist, the best performer for the past 1 year is Direxion Latin America Bull 2X Inv symbol: DXZLX which returned 122.36%. The link shows a full list.
But remember, "Past performance is not an indicator of future performance."
2007-07-30 20:53:45 · answer #1 · answered by Ed C 2 · 0⤊ 0⤋
By the basic definition of Mutual Fund they can never give return of 60% in a year ,investor need to be patient in that case. To earn 60 % invest in stock market directly.
2007-07-31 05:20:19 · answer #2 · answered by vinay 2 · 0⤊ 0⤋
Reliance Vision Fund
2007-08-01 07:51:57 · answer #3 · answered by Rej 2 · 0⤊ 0⤋
It is not possible to get 60% return from one year.To get 60% return u have to wait at least 3- 4 years
U may visit www.myiris.com,www.mutualfundsindia.com for identifying good mutual funds
2007-07-30 20:23:19 · answer #4 · answered by Anonymous · 0⤊ 0⤋
your ambition knows no bounds. 60% return is a pipe dream and if you can generate that kind of returns you will probably beat warren buffet within a decade? be realistic and hope for 15--25% returns in a good stock market year. go to 'moneycontrol.com' and they will show you the five best performing funds. take your pick of one/two of those and god willing you can hope for reasonable returns. good luck
2007-07-30 20:47:23 · answer #5 · answered by sherkhaan09 2 · 0⤊ 0⤋
None will promise you 60% returns in next one year (or ever).
As per RBI policy, MF can promise only max 10% returns in one year.
Unofficially also, none can promise you 60% return.
2007-07-30 19:53:53 · answer #6 · answered by Ravi 4 · 0⤊ 1⤋
you're in the wrong fund.. dow index has been on a rip since March 09...
2016-05-18 21:20:42 · answer #7 · answered by marian 3 · 0⤊ 0⤋
Ha ha ha ha ha ha ha ha ha!!! Hang on ... I have a bridge that I'd like to sell you. 60% return in one year? What brand of crack are you smoking?
2007-07-31 08:17:41 · answer #8 · answered by derobake 4 · 0⤊ 0⤋
hi nice to read ur message u are a good day dreamer dream on all the best
2007-07-31 01:23:10 · answer #9 · answered by Anonymous · 0⤊ 0⤋
i am not sure about this
2007-07-30 20:26:56 · answer #10 · answered by karthick p 2 · 0⤊ 0⤋