Localfund.com - All about Fund and Investment
*Home>>>Invest Fund

How can I select any mutual fund to invest my money?


How can I select any mutual fund to invest my money?

Selecting mutual funds involves a little bit of research. Go to the following web sites:

- http://www.EasyMF.com
- http://www.mutualfundsindia.com
- http://www.valueresearchonline.com

you can then see the top performing mutual funds by category in each site. First decide where you will invest: Equities (stock market) or Debt (bonds, gilts etc.) or a mix of the two.

THe categories that you will see are:
- Equity Diversified: Meaning the fund will buy shares from all industries
- Equity Sectoral (like Infrastructure, Technologyetc) The fund will buy shares of companies in that sector only
- Equity Tax Saving: Under section 80C you can save income tax on investments upto Rs. 1 lakh per year, and such funds are included in tax saving investments
- Debt (Short term or long term): Fund invests in securities for short term or long term principal-secured returns
- Balanced : A mix of both debt and equity
- Monthly income plans: Usually like balanced funds, but try to provide dividend every month or quarter

Then, in the category of your choice, Note down the top performing funds in the 1 year, 2year, 3 year and 5 year , and then choose a fund which is the top performer in these years. Note that past performance is not an indicator of the future, but that's all you have.

And you can choose to invest in multiple funds, even part of your money in debt funds and part in equity funds. Note down the entry and exit loads on the funds you choose, for this will affect the returns you make.

Finally, choose with care and recheck your portfolio at least once a month. You need to know how you are doing.

Depends on how much money you want to invest and what is your aim.

Get a endowment policy ..from a reputable insurance company..

Ask those investment firms for their prospectus. It will list their funds, their past performance, what they're invested in and the investment objective.

depends on u r requirement u can select mutual fund. if u want dividend that is one option. if u want growth that is another option. it depends on time factor. if u want short term or long term. there are several mutual funds available in india. top among them are icici prudential, sbi mutual fund reliance , sundarm paribus, franklin templetion, cjholamandalam, uti, pnb mutual fund hsbc mutual fund, fidelity equity , tata, birla funds are prominent in india now. if u want diversified funds and fof(fund of Funds) are also available, allleading bankers are acting as agents mutual funds. contact them.invest in different funds to get optimum benefit. all mutual funds are also offerinmg sector specific like petro, bank, info etc., select a mutual fund that is having consistent dividend record. invest either in close ended or open edded schemes. open ended u can encash at any time. close ended u have to wait for considerabale period. some are offering initial close ended and after lock in period it will be converted as open ended. this means there will be growth as well as encashability after minimum lock in period. the fundamental principle is neverinvest heavy amount in one fund. diversify it as far as possible. all the best.

GO TO SITES LIKE ICICIDIRECT.COM AND MONEYCONTROL.COM

Depends on many factors like your risk app:, your investment period, if you want high risk, high returns, Invest in sector funds, Infrastruture funds are doing ok. if it was me I would buy a bluechip fund from franklin temp:

I can assist you in such selection, if you mail me please.

go to http://www.valueresearchonline.com...sit... select best performed fund and invest... this is the best site

go to any financial sites like moneycontrol in that go to mf option their they have ranked mfs according to their performance from that u can select ur own........

Tags
  Investment Advice   Investment Account   Invest Money   Invest in Gold   Invest Fund   Income Fund   HYIP   High Yield
Related information
  • Which is the best investment/retirment fund to invest in-i.e. Vanguard, T. Rowe Price, Chas. Schwabb, etc??

    Vanguard is the low priced leader in the industry. Low expenses and no loads. It is my number one choice. Fidelity has some very low expensed funds, but in comparing money market returns between Va...

  • Can anyone recommend a good mutual fund to invest in right now? Atleast one that is doing real well for you.?

    Two good balanced funds with low expenses are the Fidelity Four in One Index, symbol FFNOX and the Vanguard Life Strategy Growth, symbol VASGX. Do not invest in the latest hot fund!! Check out ...

  • What is the best mutual fund to invest Rs.5,000 for one year?

    www.morningstar.com

    ...
  • Which is the best mutual fund to invest in right now? How is DSP Marrilyn?

    Some of the funds that I have seen being invested as a Systematic Investment Plan are: Franklin Flexicap - Dividend (reinvested) HDFC Equity - Dividend (reinvested) HSBC Equity - Dividend (rei...

  • Is there any good Vietnam Fund to invest?

    There are 2 funds that trade in USD on the London AIM market and these can also be bought in the US as pink sheet "F" or tracker stocks. A third fund is managed by Dragon capital and I b...

  • What is the best Index Fund to invest in?

    vanguard and ishares are the market leaders

    ...
  • What is the best mutual fund to invest in with just a little money...like $100?

    Look at the MSN.com "Money" page.Many good tips,articles,and links. I think most mutual funds require a minimum initial deposit to open,and $100 is most likely well below that limit. H...

  • We have a Reliance natural resources Mutual fund, as well as stocks where to invest ?

    You should consult with your broker. I like some of the products Tweedy Browne Inc. has out there

    ...
  •  

    Categories--Copyright/IP Policy--Contact Webmaster