I like to invest Rs 1 lakh in mutual funds.but i don't know anything about mutual funds, share markets.

check for rating reports on mutual funds - either Fitch or CRISIL...that should indicate the pool asset quality and performance - especially systems in place for fund managers etc

Attempts to time the market are futile. Instead, try investing your money bit by bit, month by month so that your cost averages out. If the market goes up, you'll still get gains, if the mar...

no idea ICIC has good funds and accounts

You can put as much money as you want inot an account for as long as want. Some funds do have minimum amounts and some my charge a fee if the money is in for too short a time. Contact a fund co...

A very difficult question to answer. I see that you have a previous response that said yes and one that said no. The problem is that no one knows for sure what the future might hold. Here is wha...

For tax savings you can go for investments that are eligible for tax deduction U/s 80c. Your taxable income will be reduced to the extant of your 80c investments subject to maximum deduction of Rs....

I lost a lot of money with various brokers, banks and financial profesionals running my investments. They all used a tool that ranked all of the Mutual funds available (and then figured which could...

I don't think it is a good idea. Unless the interest is low, and you are confident to make money which the return is higher and you are be able to pay off the monthly installment. Over all, ...