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Q.

Hi, i'm 22 yrs old. i'm working with MNC as web developer & my monthly cash in hand is 22k. i want to invest 10k per month, as my monthly expenses is not more than 10-12k. please suggest me where i can invest?

Asked by Harsh, 10 May '09 08:33 am
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Answers (5)

1.

Just visit and ask deepakagarwaltrade dot com.he can give u very good financial tips to make money in these volatile conditions.i have tested its worth.
Answered by amit kumar, 10 May '09 01:09 pm

 
  
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2.

{ last week client earned a net of 13430/- .9833900143 for tips } and investment
Answered by Sharestips, 10 May '09 11:46 am

 
  
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3.

First to save tax under 80 C.you have to invest atleast 1 lakh. Find out the total PF deduction for the financial year. Let us say it is around Rs 25000. You need to invest Rs 75000 . Invest Rs 40,000 via SIP in Sundaram BNP Paribas Tax saver - dividend pay out option. Visit www.valueresearchonline.com to learn more about mutual funds. Then open a PPF a/c with nearest SBI branch. Invest Rs 35000 in it.
Take an individual mediclaim policy for Rs 3 to 5 lakh cover from one of the PSUs like New india Assurance co. Do this even if you are covered by group mediclaim in office. You will get tax exemption on your premium upto rs 15000 under 80 D.
Balance around Rs 30,000 you can invest via SIP in diversified equity funds. Go for large cap funds like HDFC TOP 200, DSPBR TOP 100. Regrading life insurance - please do not put money in insurance for the sake of investment. INSURANCE IS AN EXPENSE , NOT AN INVESTMENT. Go for PURE TERM COVER ONLY in the near future.
Answered by RANJAN KARNAD, 10 May '09 08:52 am

 
  
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4.

It is apparent that you come under the tax bracket. So, first u should save to reduce tax out go. Since u r employed, u can opt fr voluntary PF (addl 10%), or NSC - for 6 years and rotate there after, Gen Insurance, Retirement benifit related insurance. Then u can put your money in SIP in mutual funds
Answered by Shashi LS, 10 May '09 08:48 am

 
  
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5.

Rs 5000 per month in a PPF account
rs 5000 per month in hdfc/birla/uti equity mutual funds
should be a good combination
Answered by iqbal seth, 10 May '09 08:35 am

 
  
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