I seek valuable advice on what other MF Schemes should I invest on SIP basis , considering that I need to accumulate Rs. 50Lacs ++ in span of next 10 years starting from Feb. 2010, ( not to withdraw any during the 10 years period), please advice what should be my mode of investment pattern in terms of Monthly investments, Schemes to continue, new ones to be added, Tenure, ROI expected, etc. (kindly suggest those schemes which do not over lap the schemes which I am already investing as mentioned below).
MUTUAL FUND INVESTMENT STARTED
AS ON DT. 28.01.2010.
RELIGARE PSU EQUITY, HDFC EQUITY GROWTH,HDFC PRUDENCE GROWTH, HDFC TOP
200 GROWTH, FIDILITY EQUITY GROWTH,HSBC EQUITY GROWTH
TOTAL SIP RS8500/PM.
where will i get all details of sbi mutual fund …….online
Rs.1,000 in each of them. All those schemes are dividend reinvestment. I want continue it as growth schemes of the same funds.To change from D-reinvest to growth what should I do? The funds are :
1. Kotak opportunities.
3. Reliance power diversified fund.
4.ICICI Pru Infrastucture.
5. HDFC Prudence.
When a scheme gives out a dividend does that mean your unit value gets diminished?
I am an 30 year old businessman looking for best investment ideas, being march month i am scouting for tax saving investment schemes as well as best investment products which would yield me decent returns (better than bank yields / inflation) which in turn would secure my kids future (being an businesman i am much not sure about my future returns or income levels). All i need is to secure the future of my wife and kids,
Mind you I am an LIC insurance agent myselves
I am a software developer. Kindly suggest me some investment options wherein this amount is exempted from taxable income. Also, after investment the income arising out of the same is also relieved from tax (it is **not mandatory** requirement).
I have already invested in PPF and NSC and have taken LIC policies of long terms. I am looking for making investment wherein the amount is not locked for a longer duration and also at the maturity the tax burden should be minmum. I am not interested in making investment to equity market so please dont suggest me MFs which purely invest in equity market. Mutual fund investing in other than equity market yielding moderate rate of returns (somewhere around 10%-12%) would do.
If you have any other suggestion, kindly share it with me so that it helps me in making decisions.
Hi i am 22yrs old working and am earning around 24k pm but after pf tax n all i get 22k in hand … So per month i can save around 10k minimum …. so how should i invest the money …fd,ppf,rd or anything else ….
Investment in Equity Linked Saving Schemes of mutual funds
Are post office schemes and PPF a good choice to put your money in? How important is it to have a financial planner? Which financial planner would you recommend?