do not invest in mf why do you want some one else to manage your money put the same in the stock invest in stock directly and dicard the middle men who take home more that u even if you lose money in the mf
I had invested in mutual funds (25000/-) per year. At the end of 3 years the NAV was about 22000/-. I did not understand, in which it had invested that the value of the investment is less than one third. I heard the same story from some of my friends. So, it all looks like, our hard earned money is invested in such as way that there will be losses and at the end, you do not know, if you would get even one tenth...
Re: cheats in the name of ...
by Ravi Kumar on Nov 16, 2013 10:00 AM
Actually it is a gang of robbers who cheat people in the name of long term deposit. I invested Rs. 30,000 for two years. After ten years one become approx 17 thousand and another become 23thousand. I suggest that FD and Rd in banks is best option.
Mutual fund is another investment wing which cheats the depositors. First installment they divide among the agents, subagents etc. nothing is saved. I deposited second, third and fourth installments and after four years my net asset value (NAV) was not even equal to my investment. The interest earned was completely taken away. Never go for investment unless you read the entire document and see that your interests are well protected. Many of the fine print portions may be detrimental to you.
Re: Mutual fund investments.
by ravipati chaudary on Nov 13, 2013 10:33 PM
Greetings Mr Ramachandar Menon, Its handi work of Mr Chidambaram &co, who narates big delvers miniscule So all of the friends who going to invest in mutual funds, dont waste your hard earned money Invest, Go to your banker open an 12 months RD make an FD affter 12th month matured RD amount you will get more Without any hidden charges are comisson Wishng
