Q.
Pls advice ,
which MF better to invest 2Lakh now, give 4of them, 3yrs waiting period
Asked by neha jayaram nonda,
09 Jun '08 09:50 pm
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Neha,
I guess its a ripe time for you to invest around 40 % to 50 % of your investment immediately as it looks the market has tanked a lot, Why i am saying half of your investment bcos there is a possibiliity of further downslide.... since we cannot time the market its better to put the eggs one by one in the basket....
Since you have a three yrs hoizon , you can go in for an ELSS fund ( It helps in saving tax also ... in case) these funds have a lock in period of 3 yrs and have hiven 35-40 percent returns in past...
Go in for HDFC, Reliance or DSP ML funds, there are doing well...
Advice not to go in for sectorsl funds as they are risky..
You can call me for assistance ..... We have a office in bangalore as well ..9243190000
Answered by Rahul Mohata, 10 Jun '08 01:15 am
I guess its a ripe time for you to invest around 40 % to 50 % of your investment immediately as it looks the market has tanked a lot, Why i am saying half of your investment bcos there is a possibiliity of further downslide.... since we cannot time the market its better to put the eggs one by one in the basket....
Since you have a three yrs hoizon , you can go in for an ELSS fund ( It helps in saving tax also ... in case) these funds have a lock in period of 3 yrs and have hiven 35-40 percent returns in past...
Go in for HDFC, Reliance or DSP ML funds, there are doing well...
Advice not to go in for sectorsl funds as they are risky..
You can call me for assistance ..... We have a office in bangalore as well ..9243190000
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Reliance Vision, HDFC Equity, Franklin Templeton Flexicap, DSP Merryl Lynch Equity. If you want to stay invested for 3 yrs go for div reinvestment scheme. That way, the div they pay gets converted to more units every year. Best of luck.
Answered by Altaf Rahman, 09 Jun '08 10:12 pm
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