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I want to invest in mutual funds. Can u provide me with 3 best names so that I can keep my money there? |
I want to invest in mutual funds. Can u provide me with 3 best names so that I can keep my money there? I personally never suggest actual funds or stocks, but I will suggest you visit vanguard.com. You will learn anything and everything you need to know about picking the right mutual funds from their site. The first requirement for investment in Mutual Fund is to have Income Tax Permanent Account Number. Providing PAN is compulsory for the investor. TATA MUTUAL FUND, ABN AMRO, BIRLA and JM Stanley Morgan are a few MFs. You can invest Rs.25,000 to Rs.30,000 in each mutual fund. These MFs also have SIP facility (Systematic Investment Plan) as per which certain amount is debited to your bank account every month or quarterly or half yearly (as opted by you). I would not advise you to opt for this. However, the choice is yours. I am a professional investment advisor. I have found that there is a recurring problem with the questions that are asked on this site. There is usually not enough information being supplied by the asker to accurately answer your question. How long do you want to invest? |
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