I wish to invest in Mutual Funds. Could you suggest the best one and the plus and minus points in MF investing

I wish to invest my savings in a Mutual Fund of repute and not in the ones floated by the neorich. Please help me with your expertise. lileeann33

Start by reading about Mutual Fund Investment basics. Once you read through 4-5 chapters (usually, not more than 1-2 pages max), you will feel better and will be able to understand more and move on to the next step which is

What risk tolerance you have and which time horizon/how long you are willing to bet your money for

Remember one thing: you are entrusting your money to someone that you think/other folks think/percieve is going to do a good job of investing your money.

You can easily do what any other mutual fund does by investing your money yourself.

Not only you acquire an excellent and worthy experience, you will be forced to learn and understand more.

Don't believe at once what other people tell you about mutual fund investing. It is an indsutry gimmick designed for people such as ourselves to drain more money from and hopefully, make money.

The funny thing is the primary motto all of the funds will will you:
a/ your money is NOT guaranteed (technically meaning 100% risk)
b/past performance of a mutual fund is not a guarantee of future results (technically saying that really, if we did well, that does not mean a hill of beans that we will do so again)

Just think about all of this... and always keep those things in mind.

Be involved with your money. The primary motto of mutual funds is also "your involvement with your invested money". The idea is that you are supposed to "give your funds away and let the "guru" manage it". Well, that's kind of stupid - don't you think? You work hard for your money - so hard that you are willing to entrust most of it to somebody and cross your fingers?

hope that gives you some serious thoughts..

pick one that u like stocks in. oil and prescriptions are big stocks that will always gain capital. and splitting it up in high risk to conservative is best. a mutual fund will be a long term investment, the best thing to do is go to your bank and talk to a financial adviser.

The best way to search funds in my opinion is on finance.yahoo.com, type in any fund symbol, ktcax, anabx, izzyx. Or do a sector lookup, http://screen.yahoo.com/funds.html, better yet, start at top fund performers:

http://biz.yahoo.com/p/top.html

Find the funds you're comfortable with that pay the highest 5 year return. Thats a good starting point. Check the fees, call a broker or email the fund manager and ask them to explain how the fees work b/c it can get confusing, mainly they charge a fee either when you buy or when you sell, but they can also 'adjust' the stock price (by decreasing the rate of increase) and 'skimm' off the top.

This depends on how much you know about investing, how involved you will be and how risky are you willing to be.

If you just want to put your money is a fund that won't make the most money and won't lose the most money, I would recommend some of the huge fund families such as American Funds or Fidelity.

If you want to be more informed and have specific ways you want your money invested, I would recommend working with a Financial Advisor.


Good Luck!

to find the best one go to the site moneycontrol.com find out the rank of MF's rank 1 means it is the best.
2. track that MF and find the fund manager.
3. find the history of the fund manager and the funds he has managed in the past
4. find the growth of those funds
all these can be done with the help of moneycontrol.com

MF's generally invest ur money in different companies and get the return which then is passed on to u. The return depends upon of those companies and the fluctuations in the financial market and affects ur return accordingly.

my sugestion is invest monthly basis (SIP ) i.e systematic investment plan in 5 or 6 different good MF through ur bank like icici and uti for which u need to open an DEMAT acount