Investment options for student ?

Question

For college going students, what are the investment options available if they can invest some amount every month below 8000-10000 by part time jobs stipend or some other means ?

Will it be advisable to open a ppf a/c at this stage ?

Answer 1

For Rs.10,000, divide this amount in Gold ETF / mutual fund, equity mutual funds, PPF and FD. Always invest via SIP in these except FD.

More details are:

http://www.investmentkit.com/articles/2011/04/invest-online-in-indian-mutual-funds/
http://www.investmentkit.com/articles/2010/10/best-indian-mutual-funds/

Hope it will help you.
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