hello amit sharma here 4rm gurgaon .i want to invest some money in mutual funds but dont know how 2 begin?

hello amit sharma here 4rm gurgaon .i want to invest some money in mutual funds & as well as in share market also but still confuse to play this big game b’cos no expereince in it .so can some body help me out ????????????????????????

7 Replies to “hello amit sharma here 4rm gurgaon .i want to invest some money in mutual funds but dont know how 2 begin?”

  1. First thing please note that Mutual funds are a safe bet for the beginners,not share markets. You may invest in funds like 1) HDFC Equity Fund, 2)HDFC Prudence Fund, 3) Birla Advantage Fund
    4) Reliance Growth ETC., which have a good track record. You may contact Bajaj capitals in Nehru Place or any other personal finance dealer in your locality. Once you understand their operations you may switch to Stock market.

  2. My Dear Amit, I suggest you, don’t invest in Mutual Fund whenever market at high. If you hve surplus and can invest for a long time, you can buy some good MidCap or SmallCap stock like Rpower, Suzlon, IDBI Bank etc.

  3. please make over all your cash to me. i will do whatever you are planning to do for some months. after wards if you will contact me, you will have the experience and i will have your money, haha.

  4. I think since you are a beginner in this field it is better you gather a lot of information and learn about the market. In order to have a better understanding of the market you can download reports from Mansukh, religare, india bulls or even sharekhan. Apart from this you can also drop your queries on the Facebook profile of Mansukh and I am sure their experts will help you out with their suggestions.
    Best of luck

  5. In the long term , equity has given the best returns. For a person with no experience in equity , it makes sense to start with mutual funds. Visit http://www.valueresearchonline.com to understand mutual funds. Invest only via SIP. Invest only in the top rated funds on this website. ( 5* or 4 *). Go for large cap funds like HDFC TOP 200 / DSPBR TOP 100 / BIRLA FRONTLINE or balanced funds like HDFC PRUDENCE fund. Avoid NFOs , sector funds. Your core investment should be in large cap. You can invest a smaller portion in midcap funds like Reliance Growth / Sundaram Select Mid Cap .

    After gaining some experience in a couple of years , you can slowly start investing directly in equity. Have a look at the top 10 holdings of the good performing large cap funds. You will get an idea of what stocks to invest in. Stick to only 10 stocks which are market leaders in their field. Keep buying them in small lots

    Avoid putting too much money in insurance. For insurance , stick to PURE TERM COVER only.

    PPF is a good pension fund.

  6. Approach your bank, tell them that you want to start SIP in mutual funds.
    They will guide you about good mutual funds available, how much you can invest each month, what is the possible returns you will get in one year.

    Almost all banks like ICICI, SBI, Axis, HDFC provides investment advice to their customers.
    If you do not want to do this then you can read online contents about SIP (Systematic Investment Plans)

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