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I have invested Rs.20000 in RIL fund for 10 years @ 10% interest. How much will I get when the amount is due? |
I have invested Rs.20000 in RIL fund for 10 years @ 10% interest. How much will I get when the amount is due? which scheme & from when |
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I'm assuming you're a traditional student, ie., many decades to go to retirement. Go with broad based stock mutual funds with no load and low expenses. eg. Vanguard 500 index fund or ex... first off all if your wanting to invest 50000 and you dont know a thing about stocks or companys out there, you should probably talk to a financial advisor, they'll know more about the company... This is true that you can't invest in stocks without having PAN card, as it is mandatory now. However you may have PAN card even if you are earning through agriculture. For this you will have ... It all depends on your risk tollerance and how much money you have to invest but definitley a no-load mutual fund. Index funds are a great way to start. They really diversify your money and perf... Please refer their offer document or try their website. ... 932,191.43 is what your balance with a 8% APY after 20 years. on monthly divendends you would earn 1286.81. you can go on bankrate.com they have ever type of interest calcuator you can think of.<... So in the world of investing, if you want to invest in mutual funds, then your minimum horizon should be about 10 years out (and at least 5). The reason for this is that historically, there have b... Depends on your risk tolerance. If you absolutely don't want to lose the money but may need liquid cash for emergencies, choose a savings account like ING Direct (look for a rate of at leas... |
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