4 Replies to “I wud like to save 10K/month . Which one can i choose? RD, Mutual fund, …?”

  1. A mixture of all the available ways of savings u like.Don’t put all the eggs in one basket.In case of mutual fund also investing money in only one or one type of mutual fund,e.g.,equity,debt,balanced will not be wiser in terms of future perspective.Way of savings actually very much dependent upon your age,income bracket, liabilities currently and /or future u have to take,your dreams,etc.,Different financial adviser also may have different kind of views in this respect.I am not a financial advisor.However I may help u to some extent,if u elaborately let me know the above mentioned facts.

  2. If you are a tax payer , then first save tax under Section 80C by investing in PPF / ELSS . After saving tax if you want to save for the long term then go for SIP in the following funds. – 1) HDFC TOP 200 2) DSPBRTOP 100 3) BIRLA FRONTLINE 4) HDFC PRUDENCE. Visit http://www.valueresearchonline.com to learn more about mutual funds.

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