Q.
Hello
I am new to sharemarket procedures, risks...etc etc. I want to invest some amount in Shares/ mutual funds
Recently i heard about TATA SIP(there r 2 types: growth and Devidend). Someone please help me what is this policy and which one is good under what circumstances.
thanks in advance
Asked by rapaka sharma,
26 Jan '07 02:46 pm
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Answers (5)
1.
Hello.My advice for your long term investment would be these fund schemes.These funds are Equity linked and have delivered good returns when the market has gone up and sustained the bad periods of the market since its inception.Hence they are the proved ones.They are tax free for upto 1Lac rupees invested in them.Try to invest in 3-5 schemes if you can to diversify your portfolio.They are 1)SBI Magnum Global-G(Blue Chip),2)SBI Magnum Contra-G(Midcap),3)Franklin India Prima-G(BlueChip),4)Sundaram Select Midcap-G(Midcap),5)Reliance Vision-G(Midcap),6)HDFC TOP 200(BlueChip),7)HDFC Tax Saver,8)SBI Magnum Multiplier Plus-G(BlueChip),9)SBI Magnum Taxgain-G,10)HDFC Equity-G(LargeCap)
You may invest in any of these funds for your long term plan(above 5 years atleast) and you will surely get good returns.Remember invest 60% of your investments in Bluechip funds and 40% in midcap funds for a safer investment and minimised risk portfolio.Bluechip funds invest in companies which are large and the ...more
Answered by Abdul Rehman, 26 Jan '07 05:04 pm
You may invest in any of these funds for your long term plan(above 5 years atleast) and you will surely get good returns.Remember invest 60% of your investments in Bluechip funds and 40% in midcap funds for a safer investment and minimised risk portfolio.Bluechip funds invest in companies which are large and the ...more
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I think u should ask www.freeintraday.com.its very helpful site.they are very expierance person.i earned nearly 20,000 for last 3 months from their tips.so i suggest u www.freeintraday.com
Answered by JASMIN JAIN, 07 Aug '09 02:14 pm
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Share Market is a very risky avenue for investment if one is ignorant. You should contact good broker. You have to a Income Tax PAN Number to open a client account with broker. You are required to submit proof identity with Photo, Demat account proof, Proof of residence and proof of a bank account thru which you will be dealing with a broker. A Know Your client form is required to be filled up with your personal details. An agreement is required to be executed. I suggest you contact nearest branch of Stock Holding Corporation of India Ltd. for detailed procedures.
Answered by Bharat Momaya, 26 Jan '07 07:51 pm
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