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I want to invest Rs 6000 per month, Can you advise me best plan, tax saving is not mandatory, only high returns requires after 3 years.

One of my friend suggested me SBI Magnum emerging fund or so... 
asked in Mutual Funds by (120 points)

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1 Answer

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3 years is very less time to expect high returns in stock market - directly or via mutual funds. Make the tenure at least 5 years for mutual funds. For 3 years, you can invest in bank FD.

 

Admin
answered by (48.8k points)

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