Dear sir, I have invested Rs.15,000/-in HDFC Top200 and Rs.10,000/- in ICICI prudential some six month back. Considering current market scenario,how long I should continue so as to get maximum retuns on these. Also, kindly tell me the difference between ULIP, ELIP and SIP and which of these is good for tax benefits as well as for good returns.
i have 15000 rs to invest in the online trading , can you suggest me that in what segment i have to invest so that i do nat bear any risk in investing the money. And also i want to know that is this the right time to invest in the market since it is growing.
this year i have already invested in three mutual funds of around 50000rs in tata equity mangament mutual fund,hsbc equity fund growth, icici prudential discovery fund growth. is it the good choice for me to invest in these mutual funds according to market suitations.
if iam investing till wht time i need to keep that money in the market so that i can get the better returns.
i would like you to give me better results from my investments.
RE:insurance & MF
by Vishal Dixit on Nov 30, 2006 09:41 AM
Wait for a correction next month or so. And then invest in MFs only. Forget ULIPs (like icici prudential maximiser or so). They only invest 65-70% in market & rest (30-35%) is lost.
RE:insurance & MF
by suresh on Nov 29, 2006 02:46 PM
For investment purpose, go for mutual fund; instead of adopting indirect route through ULIP plans. Moreover, generally,ULIP plan charges are very very heavy compared to mutual fund. for your insurance buy term assurance policy (very very cheap) and remaining amount you invest in mutual fund.
Now a days in money section reading lot about Mutual fund systematic investment plan, i am interested in it. But I know nothing about how to buy, from where to buy ?
RE:How can i buy MF
by Vishal Dixit on Nov 30, 2006 09:37 AM
If u have ICICI, HDFC or UTI bank nearby, u can have mutual funds from them. They have all MFs. It is strongly recommanded not to invest in new MFs, and, once invested, do not withdraw before 4 years (if possible).
Dear Sir, I have invested Rs 15,000 in Reliance Tax Saver growth and Rs 16,500 in SBI Blue Chip Growth Mutual Funds. Now I want to invest in Tax Saver MFs upto Rs 50,000 in next 5 months. Please suggest me in which funds I should invest.
RE:Regarding MF Investments
by rajesh on Oct 10, 2006 02:41 PM
Dear Friend go for a mix of unds reliance is a good fund put some more money in it, put some in franklin templeton franklin india tax shield
RE:Regarding MF Investments
by pankaj on Oct 10, 2006 02:12 PM
Hi, You could split Rs 50,000 in five instalment of 10,000 and take a SIP(Systamatic investment plan) for it which would be spread over this five month. This 10,000 PM you should invest in two to three MF. Can take Magnum Taxgain ,HDFC Taxsaver,Prudential ICICI Tax Plan.
