Help in selecting mutual funds

[bansalg]

personally I would prefer Index fund because if you see in long run (5-7+ yrs), very few MFs have been able to beaten the Index. So why not to invest in Index fund. Choose Index fund with low charges and low variation w.r.t index.

[suba_stocks]

hi all!

i would like to know in which mutual fund should i invest.

age of investing person is ..24years and willing to invest for at about twenty years, onethousand per month.

i am not sure of which mutual fund to choos.please suggest me a good mutual fund with all its advantages.


Thanks in advance
suba

[bansalg]

Given no entry / exit load and very low AMC charges in Index Fund and time horizon of 20 years , I would suggest investing in Index Fund. Search for Index Funds from varios AMC and compare. For given time horizon of 20 years , only a few MF will be able to beat the market return , so why not invest in fund that will replicate the returns of market.
Hope this helps

[suba_stocks]

hi bansalg!

yesturday i read an article that it is not good to go long as we never know what will be the futrue of the market.
so my idea of 20 years seems a bit of risky.can you suggest me an idea how to go about this with risk/reward equall well.

Thanks
suba

[bansalg]

I am not sure what article you have read that made you believe that markets will be uncertain for 20 yrs of period. Though no one can predict where markets will be , but over 20 yrs , market can give better average return.

Probably this book can make you think otherwise :
http://www.************/dir/2104211/a...1/sharing.html

[suba_stocks]

Originally Posted by bansalg

I am not sure what article you have read that made you believe that markets will be uncertain for 20 yrs of period. Though no one can predict where markets will be , but over 20 yrs , market can give better average return.

Probably this book can make you think otherwise :
http://www.************/dir/2104211/a...1/sharing.html

Thank you bansalg.

[MFadvisor]

20 years is a long time and if you invest say around Rs. 1000 in mutual funds regularly by way of SIP considering the average rate of return even at 15% you will end up making more then 15 lakhs.

and if you invest say Rs 2500 every month for 30 years you will end up with a kitty of whopping 2 crores with an average return of 15%

This link will give you comparison about various ELSS Mutual funds schemes.

http://news.moneycontrol.com/mf/gain...=ab&option=eqt

1) SBI Magnum Taxgain is by the far way ahead of the rest in terms returns more then 700% returns in 5 years times. It has also given good dividends for past few years.
(Its promoted by SBI plus it has 5 star ratings)

2) SBI Magum Global fund, HDFC Top 200 fund and Reliance growth fund are other good funds

feel free to contact me on email jain_daksh@yahoo.com for any suggestions of advise for financial planning.

Mutual Fund Advisor

[suba_stocks]

Originally Posted by MFadvisor

20 years is a long time and if you invest say around Rs. 1000 in mutual funds regularly by way of SIP considering the average rate of return even at 15% you will end up making more then 15 lakhs.

and if you invest say Rs 2500 every month for 30 years you will end up with a kitty of whopping 2 crores with an average return of 15%

This link will give you comparison about various ELSS Mutual funds schemes.

http://news.moneycontrol.com/mf/gain...=ab&option=eqt

1) SBI Magnum Taxgain is by the far way ahead of the rest in terms returns more then 700% returns in 5 years times. It has also given good dividends for past few years.
(Its promoted by SBI plus it has 5 star ratings)

2) SBI Magum Global fund, HDFC Top 200 fund and Reliance growth fund are other good funds

feel free to contact me on email jain_daksh@yahoo.com for any suggestions of advise for financial planning.

Mutual Fund Advisor

Thank you verymuch ...

suba

[cool_guy5267]

Hi everyone,
I am pretty new to this site and this is my first post.
I am pretty new to investing and have done some research on mutual funds and came across various types. I also understand now that I need to normally look at the performance of 1 to 3 years to decide whether I should invest in that fund or not. The terms that I came across are:
thematic funds, aggressive funds, liquidity funds, mid cap funds, S&P nifty, etc.
Could anyone please let me know what these types mean, or where I can find the detailed information on how they work.

My second riddle is:
What is the significance of the market cap, and how should it influence my decision on investing in a mutual fund.

I would appreciate all the help that I can get.

Regards,
Akhil

[Mani69]

Iam just new to this, can anyone suggest which mutual fund I should buy for a 4-5 years investment, not of much money just 30-40 K.

Mani