To be really interested in stock market, I would reecommend an online trading a/c. HDFC or ICICI or anyone which is directly linked to your savings a/c. Really it makes a difference. It sets you free. No hassle of writing cheques or slips by next day. Brokerage a bit high upto .7% inclusive of taxes but you know at which price you are buying or selling. Annual charges hover around Rs. 500-700.
Rs.1invested at 5%is 132 after 100 years. Rs.1invested at 10%is 13,781 after 100 years. Rs.1invested at 15%is 1,174,313 after 100 years. Rs.1invested at 20%is 82,817,975after 100 years. Rs.1invested at 25%is 4,909,093,465 after 100 years. However every entrepreneur is strangulated by our corrupt govt who sits like a pim*p on our money and does not allow it to grow. In India only corrupt sarkari servants can grow and nothing else.
