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#1
6th May 2008, 03:46 AM
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Please Help me
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 Last edited by bhagya : 6th May 2008 at 03:53 AM. 
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#2
6th May 2008, 08:25 AM
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Re: Please Help me
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)
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