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What do u mean by mutual fund? how we can invest in it?How many year we can invest in it? |
what is mutual fund? how we can investment ai done in it? Mutual funds are pools of money that are managed by an investment company. They offer investors a variety of goals, depending on the fund and its investment charter. Some funds, for example, seek to generate income on a regular basis. Others seek to preserve an investor's money. Still others seek to invest in companies that are growing at a rapid pace. Funds can impose a sales charge, or load, on investors when they buy or sell shares. a mutual fund is a money fund that a group of people contribute to the fund is then managed and invested by a firm, maybe in many different stocks, what ever the total profit is is then divided amongst the contributers and the firm, research on the net, search and read, read, read. You need to open a brokerage account with at least $500.00 in Scottrade. Try Vanguard funds. Most required initial investment of $3000. I hope atleast some of you benefit people who has no idea about stock market invest their money as this is the best alternate solution u make money but a bit risky too. |
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The opinions are correct on this board about your short investment time period. Especially considering the markets nervousness the last few days..this is why you need at least a couple of years min... To invest in Mutual Fund in INDIA one has to understand the following points:- 1) Is it for tax saving 2) Is it a pure investment 3) Is it for earning If it is for tax saving then go for any ... LIC market plus is a new MF scheme. LIC has a good reputation. But, i think you should try Birla Sunlife or HDFC equity funds or even SBI funds. These have performed better in recent times. ...no u cant invest in any nre accounts residing in india.ICICI as well as citibank have accounts called as NRO which can be much useful ...The best mutual fund companies are the ones with the lowest fees. www.vanguard.com is the lowest, with www.fidelity.com a close second. Let me share with you an exerpt from my free book, downlo... There is no such thing as the best mutual fund company or fund. If there was everyone would be in it. Even the "good" fund companies have "poor" funds. You must start with ... There is no such thing as "low risk high profit". Your question shows you now little about investing (not a bad thing). But you should take the time to learn (6 months to a year). So... Its interesting ppl saying ask a financial advisor when you see so many articles on ppl who have lost so much doing that....I wouldnt like to say they are all biased & tip what pays them the bi... |
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