I had taken a loan with an interest rate of 14.5% per annum.I have some money invested in mutual funds with a returns of 15% or so. Which is better for me? To continue paying the EMI monthly for the loan or to withdraw my invested amounts and repay the loan considering the interest rates and returns. Please advise. Thanks
I am bit confused that which funds i should choose. I want to invest about 3000 rs monthly. Sundaram, Birla, SBI, Hdfc there are many? I should invest in 3 mutual funds 1000 in each or 3000 in only one MF??
After taking home loan from a bank, the repayment consists of two parts: the principal amount and the interest amount. Is the EMI for both fixed by the bank or can the borrower decide these amounts? I heard if one starts repaying the principal first, the interest decreases and this acts in favor of the borrower. Is that true and is that allowed by the (nationalized) banks?
I am not getting into any professional jobs since long.I save 20,000 Rs monthly and want to invest in India and want to know the best and safest investment options for this amount.
Thank you all.
I am planning to invest my money, say 1000 Rs every month. People in yahoo answers suggested that i consider Mutual Fund investment through SIP. But I don’t know anything about mutual funds and how to choose them. I am planning to invest for at least a period of 5 years, as a monthly installment of 1000 Rs. Please guide me to choose a mutual fund which is low risk but will provide good returns. Thanks a lot for all the help.
I like to invest MF and NSE, Pls suggest best websites for ranking and forthcoming issue…
Can anybody tell me that who is giving NSE Intraday free calls with High Accuracy? Even its paid service?
Can anybody tell me that who is giving NSE Intraday free EQUITY calls with High Accuracy? Even its paid service?
Suppose that new taxes are proposed on a particular item (TV, for example) in Indian budget 2011. From when will these new taxes become applicable? Is it from the moment the budget is announced or is it from April 1st, 2011, as I have heard from somebody? With reference to our little example above, this information could be helpful for somebody who wants to buy a TV set before the new taxes become applicable.
Thanks in advance.