Please Help Me

I am very much new to this world of mutual funds, can you please guide me how to start with, i want to make small investments in a couple of mutual fund companies for shorter period and please tell me the minimum amount i can invest and the minimum time period for which i can invest. and what are best companies today i can invest in.

Thanks And Regards

Hi,
you can invest through SIP in hdfctop 200 mutual fund- growth scheme, small amount every month. min amount would be rs.500.
mutual funds

Hi rajesh thanks for reply can you tell me what should be my first step to start investing

Hi knip,
for investing in mutual funds, you need IT PAN number and of course ac solid plan on how much you want to invest, time-frame etc.
with regards to investing directly in stocks, you could wait before jumping into the venture. get the basics , know about mutual funds and other stuff.
then you could invest directly in stocks.

I think the first problem a lot of people are facing right now is they are actually work hard for the bank and not themselves. They have a lot of downpayment to make every month and eventually they become slaves to their loans. Don't you think it is funny for you pay the bank first when you get your salary every month instead of paying yourself first.

Friend, I am a financial advisor LIC as well as for fixed deposits for HDFC.

My opinion is that you can start with SIP i.e. Systematic Investment Plan. You contribute some amount say 500 or 1000 every monthly. HDFC has good funds, Birla Sun Life, HSBC, Sundaram are all good.

In case you are interested, you can invest a small amount in LIC - Jeevan Saral also which is good considering the liquidity factor and tax factor.

Welcome to the world of mutual fund investments. It is not surrounded with as much of hoopla of the stock exchange, but not completely without it.
I would suggest you to read from www.valueresearchonline.com
I would spare you the details and suggest you to start investing in balanced funds (that invests 75%+ in equity and about 25% in debt). You can start with HDFC Prudence or Reliance Regular savings balanced fund using monthly SIP. Start for 1 year first and check back with us.
Once you are familiar with the territory and if you can commit larger investments, you can include Birla SunLife Frontline Equity plan-A fund, IDFC Premier Equity plan A fund, ICICI Discovery.
Good luck!