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I want to invest in mutual funds atleast around 10k monthly for say 3 to 5yrs need help with how n which co.? |
I want to invest in mutual funds atleast around 10k monthly for say 3 to 5yrs need help with how n which co.? If you are going to invest that amount monthly, you will need to invest in more than one mutual fund to reduce your risk and to increase your probable return. Over 3 to 5 years your are talking a significant amount of money. Do not place over 60k into one mutual fund. Pick ones with different investment objectives. Domestic large cap, domestic small cap, international, value fund. Like that. There are many good companies to pick from and you do not need to get each of your funds from the same company either. you will be checked past perfomence of different sceams of different firms after you decide. if you are in india i can tell obout it There are many diversified funds with a monthly SIP of Rs.1000.00 Spread your investment amongst sundaram. sbi. hdfc, and birlasunlife. if u have time invest TIME & If you really want to invest in mutual funds. Cool. ICICI POWER(POWER SECTOR)COZ POWER & ENERGY IS OUR FUTURE. This will be a better choise |
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some companies wave the minimum starting balance if you enroll in the monthly automatic payments, troweprice lets you start with just 50 bucks a month ...I do not like CD's they are too restrictive, so I agree with your thoughts here. However, mutual funds offer you much more flexibility. You can invest in a no load mutual fund and start by put... vanguard is the best for everything...check out all their taxable and non taxable options. they even explain which is better based on your tax bracket ...Look at the Fidelity Select sector funds. For example, Fidelity Select Insurance. Also Davis New York Venture is a "go anywhere" fund, but seems to put a lot into banks and insuranc... "www.amfiindia.com" is the best website for all mutual funds. and to deal in that, just call any invesment advisor from any comapny, they will help you out. its as easy as buying any othe... Hi, You need faster growing good stocks with good earnings and in good sectors. You need to learn more about the stock market before you even think about investing in it. The stocks world... No one can tell you if an unknown investment will be profitable for you. Even with "stable" currencies you will still have currency risk in a foreign denominated fund. If you are lookin... Rs. 1000- 5000 a month will be a good one. ... |
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