Friends I want to make Rs 500000/ by investing in MF SIP only in two funds Reliance Growth fund and Reliance vision fund that too in dividend option:clap:
Investment size is Rs 1k pm in both funds
Reason for chosing dividend option is getting profit out and reinvesting that Tax free return on every correction Is it Possible????? lets see
My first Investment for April is on 20/04/2010
Reliance Growth fund =Rs 1000/
Units 18.145 @55.1101
Reliance Vision Fund = Rs. 1000/
Units 24.262 @41.2167
Date I chose for SIP is 28th of every month and time frame is 5Years when My son would be in college and I need money then for his higher studies
I would post my Fund value on 15th and on First of every month:clap:
Lets see is this Possible:thumb:
God bless us all
Investment size is Rs 1k pm in both funds
Reason for chosing dividend option is getting profit out and reinvesting that Tax free return on every correction Is it Possible????? lets see
My first Investment for April is on 20/04/2010
Reliance Growth fund =Rs 1000/
Units 18.145 @55.1101
Reliance Vision Fund = Rs. 1000/
Units 24.262 @41.2167
Date I chose for SIP is 28th of every month and time frame is 5Years when My son would be in college and I need money then for his higher studies
I would post my Fund value on 15th and on First of every month:clap:
Lets see is this Possible:thumb:
God bless us all