Please Help me

[bhagya]

Hello Gurus,

This is Bhagya,
I am working in a small company and i can invest minimum 1000/- to maximum 1500/-(with great efforts)
Please suggest me a good Mutual fund(SIP) to invest
i can invest this amount continuosly....

so please help me
Thanks in advance

 

[fast_rizwaan]

Don't waste your money with mutual funds. you'll get very less returns.

Instead you can buy nifty/junior nifty stocks with the same amount.

or buy "niftybees" (code: niftybeeseq) which is like buying nifty 1/10, you can get 2 niftybees with 1000-1200.

You can know how much your Niftybees Units are giving returns to you by seeing the nifty price levels.

Buy only when the market falls (say 500+ points)

You can buy sell niftybees like any share, so, you can get your money out easily.

you can type "niftybees" at www.nseindia.com to know about it more.


If you still want to go to funds, then SBI TAX Gain is good (but still negative returns are there)

 

[bhagya]

Thank a lot rizwaan

I dont have idea about market . stock etc...

 

[mrindia]

Hello!
If u r new 2 mkt n have limited resources, first assess ur risk appetite. Investing in stocks directly at ur stage is not at all advised. If u r interested in MFs, start SIP in one of - BIRLA SL FRONTLINE EQ., REL VISION, HDFC TOP 200 etc.
Mr India

 

[funderji]

Yes. Please don't invest directly in shares. Do invest in some good SIPs.

 

[MFadvisor]

Hi,
You can invest in one of the following funds via SIP
1) Reliance Growth Fund
2) SBI Contra Fund
3) HDFC Top 200 fund

for more information you can check 5 years historical data of diversified equity mutual fund.
for details regarding the application forms and documentation you can check out the following link.
MFAdvisor
www.mutualfundexpert.blogspot.com

 

[Vicky78]

Hello Gurus,

This is Bhagya,
I am working in a small company and i can invest minimum 1000/- to maximum 1500/-(with great efforts)
Please suggest me a good Mutual fund(SIP) to invest
i can invest this amount continuosly....

so please help me
Thanks in advance

Investing in stock market requires a lot of time analysing the sector, the company and valuations.

If your investment horizon is long term (5 to 10 years) equity funds are the best. Anything less than 2 years go for debt funds.

Split your money into 2 funds Rs 500 each. Dont worry about the amount you save every month. What matters is the habit of saving regularly and saving long periods of time.

pick any 5 star rated funds from www.valuereserchonline.com that allows Rs 500/month as sip. See to that the funds have a large cap bias.