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Q.

Hello Sir,
Pls let me know how to safely invest in mutual funds, in order to have higher safety even if returns are not high, what duration, and what is the minimum amount required for mutual fund investments. Are short term investments safer in mutual funds?
Niveditha
niveditha

Tags: pls, mutual funds, returns
23 Apr '07 10:46 am
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Answers (2)

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.Equity linked Mutual Fund earnings are Profit (or) Loss earnings and not interests (or) fixed income earnings as in case of Balanced (or) Debt Funds.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 Plus-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 investment ...more
Answered by Abdul Rehman, 12 May '07 02:48 pm

 
  
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2.

Your first quary about the safe way of investing in mutual fund . If you are not greedy with high returns, then safest investment in mutual fund is balance fund. In which 50%of investment is in equities and other investment goes to govt. securities, bonds. SO,Investor gets advantage of equities returns , which is variable, while investor gets fixed returns. Investor cannot expect high returns in short period. That is the reason , fund houses are making locking period of atleast 3 yrs. Minimum investment required for investment is 10,000/-. you can even opt for SIP(systematic investment plan). For more information please call 28057057 or mail leena_mehta23@rediffmail.com
Answered by Pankaj Mehta, 23 Apr '07 11:08 am

 
  
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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 marke..more

Answered by Abdul Rehman