i want to invest 50000 rs in mutual funds for one yaer it is possible or not.
2007-11-23 23:57:41 · 11 answers · asked by VIPIN S 1 in Business & Finance ➔ Investing
You can put as much money as you want inot an account for as long as want. Some funds do have minimum amounts and some my charge a fee if the money is in for too short a time.
Contact a fund company to find out the details of their funds.
2007-11-24 00:06:28 · answer #1 · answered by ton of ice in a day 2 · 0⤊ 0⤋
A unit trust is unmanaged. It is a collection of investments compiled and sold as a unit to investors. They are normally bonds. As the bonds mature the money is distributed back to the holders of the trust. Mutual funds are managed investments that are bought and sold as thought appropriate by the management. Neither is completely safe. People do in fact loose money investing in mutual funds. Perhaps an example will be appropriate. ASMGX is a fine example. This has got to be one of the worse mutual funds out there. If someone had purchased it in 1999, they would have lost an average of 22% annually through 2002. Made money in 2003 but not enought to make up for the previous 3 years. Then in the following years 2004 and 2005 guess what? You are right. It lost money again both years.
2016-04-05 06:10:49 · answer #2 · answered by Anonymous · 0⤊ 0⤋
if your time frame is only 1 year-make sure they sell you "c" shares- there should be no front end or back end load after 1 year-
Why only for 1 year- mutual funds and stock/bonds are long term investments-
if this money is needed for something like home purchase-school ect. stay out of the market with it. with only a 1 year time frame you can not take the ups & downs that short term investments have.
Put it into a CD
Check out World Savings if they are in your town or close by- last check they had a 5 month CD @ 5.15 APY
2007-11-24 00:31:27 · answer #3 · answered by MAC 1 · 0⤊ 0⤋
Are you allowed to: YES
Should you: NO (absolutely NO)
You need to read a couple of books on Mutual Funds. Start with the "dummy" series on Mutual Funds. Learn "Asset Allocation", understand Time Horizons and risk tolerance.
2007-11-24 01:05:39 · answer #4 · answered by Common Sense 7 · 1⤊ 0⤋
yes it is possible but u must be very cautious about ur selection of the right fund with a good return in d pastwait for d markets 2 reach 17000 levels then only invest
2007-11-24 01:15:16 · answer #5 · answered by Anonymous · 0⤊ 0⤋
No,
invest for 3 months
2007-11-24 04:52:32 · answer #6 · answered by Buddy 2 · 0⤊ 0⤋
yes, it can be invested for 1 wk if you like..Try a money market fund for the short term..
2007-11-24 03:55:02 · answer #7 · answered by Michael F 3 · 0⤊ 0⤋
You can invest 50000 in MF but you must have PAN No.
2007-11-24 00:36:07 · answer #8 · answered by vk 2 · 0⤊ 0⤋
you can invest for one year, absolutely no problem. there is no minimum or maximium time limit in open ended mutual funds.
2007-11-24 12:46:55 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Why are you investing only for one year? Your question cannot be answered properly until you give us your answer. Please email me your answer
2007-11-24 10:39:07 · answer #10 · answered by Anonymous · 0⤊ 0⤋