Kotak sip

[manjusha_sinha]

Dear All,

I would appreciate if I get valuable opinions/suggestions regarding which is the best SIP for one year. Which plan of Kotak should I invest?

I'm new to investing , I don't even know the terms properly so what do I consult to have a good knowledge about the terms used for MFs.

Rgds
manjusha

 

[bangerabs]

In my opinion, Kotak do not have service culture. This has been my experience with their housing finance. Therefore, I have decided to keep away from Kotak. As per a broking financial firm, SBI Global has SIP has been giving more than 50% returns on SIP for the last 3 consequitive years; Other good yield Funds are Birla Frontline Eq.Fund, Chola Growth, DSP top 100, Sundaram Select Focus, Tata Infrastructure etc. Ur agent may guide u. But mind, in any investment risk factor should not be ignored.

 

[manjusha_sinha]

Thanks bangerabs. Can u please highlight on what actually are the risks involved. How should I keep my eyes open?

 

[bangerabs]

MF appreciation depends upon share price movements. This risk is always there. There is no guarantee that MF investments keep appreciating throughout. Hence, always diversify investments. Due to continuous raise in Share price index, most of MFs have been doing good.

 

[GlobalGyan]

Are you looking at Kotak AMF or using Kotak online as your broker?

 

[manjusha_sinha]

Hi !

I'm not using Kotak online nor using kotak amf. Actually I came across an ad of Kotak where an amount has to be invested like the recurring deposit and returns it's showing very high. I want to have your valuable opinion if i should invest for a year in such a scheme and see the result at the end of the year. Which are the better options than Kotak? Sbi,Franklin?? Bangerabs has already advised.

Rgds
Manjusha

 

[jumboninja]

Do you have any reason? why you want to go for KOTAK SIP? perticularly KOTAK.
no doubt SIP are best way to invest. but the kotak is not the best.
have you considerd? income TaXes and investment Lockout Period??

are you confused??? please ask quaries..