I have a net savings of 1.4 crores.
So I planned to invest 30% in mutual funds and the rest in assured return schemes
like Corporate FDs, bonds, etc.
Is it a good idea? If no then why?
Now 30%=42L
Since I am new to mutual funds , please suggest a suitable portfolio. From the information i have gathered, I have observed that the following mutual funds are good performers:
HDFS Top 200 Fund Growth
DSP BR Top 100 Growth
ICICI PRU DISCOVERY Growth
Please comment on these funds and suggest other funds for good investment. I do not require any regular income from these funds, if it isnt already obvious.
Also I have no particular short term investment objective and further I am not
into Finance by profession so I do not want to spend too much time on investment and market tracking.
what mutual fund portfolio would you suggest
God bless you.
So I planned to invest 30% in mutual funds and the rest in assured return schemes
like Corporate FDs, bonds, etc.
Is it a good idea? If no then why?
Now 30%=42L
Since I am new to mutual funds , please suggest a suitable portfolio. From the information i have gathered, I have observed that the following mutual funds are good performers:
HDFS Top 200 Fund Growth
DSP BR Top 100 Growth
ICICI PRU DISCOVERY Growth
Please comment on these funds and suggest other funds for good investment. I do not require any regular income from these funds, if it isnt already obvious.
Also I have no particular short term investment objective and further I am not
into Finance by profession so I do not want to spend too much time on investment and market tracking.
what mutual fund portfolio would you suggest
God bless you.