mutual funds???



I am planning to invest in mutual funds around 50k, for a short term, might not extend beyond 3-4 months, that would yeild the most. I want to know which is the better one in india?? and would it be possible to know where the firm has been investing???? Please Help me.
When i checked the moneycontrol.com for past 3 years, i couldnt find any dip for the 3 month investments( correct me if i am wrong). I want to increase my money as much as possible in the shotest duration. SInce, I am new to this i would want to play safe and also. Would it be possible for you to let me know what are the other forms of safe investments. or which mutual fund to go for, i could see that the magnum global fund has yeilded 22% and principal tax savings has yeilded 18.5% do you think that these will continue to appriciate or are they saturated or which one might appreciate the most for the next 3 months.
and also what do you mean by money market fund??

mutual funds???
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8 Replies to “mutual funds???”

  1. if you need the money in 3 months i wouldnt put it in a mutual fund at all, unless its a money market fund, if something happens to the market and there is a short term dip you could lose money because you cant wait it out

    is this money you have to keep safe? or just investment money?

    just adding now: both of those funds you posted look to be load funds, meaning you chop 2.5% or so off the investment right up front, the magnum one looks like it has another 1% surrender fee, so you would have to gain about 4% in three months just to come out even, not likely

    just put it in a money market or online savings account, or like someone else said, a 3 month CD is probably best

    mutual funds are for long term investing, more like a minimum of 3 years not 3 months


  2. you need the money in 3 months i wouldnt put it in a mutual fund at all, unless its a money market fund, if something happens to the market and there is a short term dip you could lose money because you cant wait it out





  3. three months in a fund is NOT a good idea first of all any gains will be taxed at a high rate plus three months generally isnt good strategy anyway.

    I would look into online banking (ing direct, emigrant bank hsbc etc..)rather than CD’s or whatnot.



  4. Hi,this ARAVIND.I think u need more money on u r investment with in a short period .If u r a little bit risk taking guy go for shares.Today share market giving very good returns.if u meet concern person how is having very good sound knowledge in shares they will guide u.example KARVY.Its the one the leading finacial service in INDIA.U just go and aks them.They will really guide u.byeeeee Have a nice day.





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