Re: Interested in investing in mutual funds by VILAS P on Apr 13, 2010 10:31 AM HDFC Too 200 Growth DSP Blckrock Top 100 Growth    Forward   |   Report abuse
Re: Interested in investing in mutual funds by Anuranjan Rao on Apr 13, 2010 10:14 AM go through SIP instead of one time    Forward   |   Report abuse
Re: Interested in investing in mutual funds by amol hartalkar on Apr 13, 2010 11:00 PM If you are 7-8years. If you are >40years age, then Balanced fund can be preferred, with time target of around 5 years.    Forward   |   Report abuse
Re: Interested in investing in mutual funds by RAJESH INDIA INFOLINE on Apr 13, 2010 02:07 PM invest in sbi magnum equity fund    Forward   |   Report abuse
Re: Interested in investing in mutual funds by VILAS P on Apr 13, 2010 10:32 AM HDFC Top 200 Growth DSP Blackrock Top 100 Growth    Forward   |   Report abuse
Re: Interested in investing in mutual funds by Sree Kumar on Apr 13, 2010 01:37 PM Look it all depends on your age. If you are young, you can take some risks. If you are nearing retirement, then you should play safe by investing in debt funds. I always suggest friends that they should open PPF accounts (in the names of all family members) at his/her age of 45. One can keep the a/c active by investing just Rs.500 every year. From his age of 50 he can transfer the some of his MF money to PPF every year for next 10 years. If he has 4 accounts, he can transfer 2.8 lacs each year which will be 28 lacs in 10 years. On this he can get 8% tax free interest which is good a person nearing retirement. The maturity amount will be about 43 lacs (tax free).    Forward   |   'Report abuse' disabled by moderator