Steady 50K income per month

[kumars_99]

Hi,
Could anyone tell me how much investment is required to get steady 50K / per month income through mutual funds?

Thanks.

 

[marimuthu13]

Hi,
Could anyone tell me how much investment is required to get steady 50K / per month income through mutual funds?

Thanks.

rs 1 crore...even bank term deposit will work for that...

8% interest rate, thats 8Lakh per year..after TDS etc you will get rs 50000 ,,,steady income

 

[vssoma]

rs 1 crore...even bank term deposit will work for that...

8% interest rate, thats 8Lakh per year..after TDS etc you will get rs 50000 ,,,steady income

:rofl::rofl::rofl::clap::thumb:

 

[prabhsingh]

Hi,
Could anyone tell me how much investment is required to get steady 50K / per month income through mutual funds?

Thanks.

Dont fall under prey of mutual funds what they offer can even fall below basic interest rate that banks give.Mutual funds can never give consistent profits.

 

[sumitalwar]

only interest bearing instruments can give you fixed and steady income . best would be to go for banks fdr or post office mis .

mutual funds from all the experience i have is to invest thru sip and only in index funds where the cost of fund management is minimal .

over long time basis it has been statistically proven that 70-80 % of fund managers are not able to beat indices they track .

the whole purpose of investing in index fund is to ensure that the fund management fees is not charges or is charged bare minimum.

regards

 

[kumars_99]

Hi,
Thanks for replies.

I wanted to invest is stocks, but as trading directly in stocks is risky, people suggested me to buy mutual funds.

Now, here I came to know mutual funds dont give good returns. I was expecting 8-10 % returns per month.

Real estate market is already oversaturated. So dont want to invest in real estate as well.

So best investment with best returns is BANK FD ? ( 8-9 % per year )

Thanks.

 

[sumitalwar]

Hi,


Now, here I came to know mutual funds dont give good returns. I was expecting 8-10 % returns per month.


So best investment with best returns is BANK FD ? ( 8-9 % per year )

Thanks.

8-10 % returns per month on a consistent basis is huge .

 

[Mungerilal]

Hi,
Thanks for replies.

I wanted to invest is stocks, but as trading directly in stocks is risky, people suggested me to buy mutual funds.

Now, here I came to know mutual funds dont give good returns. I was expecting 8-10 % returns per month.

Real estate market is already oversaturated. So dont want to invest in real estate as well.

So best investment with best returns is BANK FD ? ( 8-9 % per year )

Thanks.

Bank FD..Bank FD...Bank FD
Safe..Sunder..Tikau..

 

[TracerBullet]

over long time basis it has been statistically proven that 70-80 % of fund managers are not able to beat indices they track .

the whole purpose of investing in index fund is to ensure that the fund management fees is not charges or is charged bare minimum.

regards

incorrect, plenty of funds have comfortably and consistently beaten index over long term in india. Beaten enough to justify any extra expense.
India is not usa. Just pick good funds, invest directly and sip.

 

[sumitalwar]

4 s h a r e d . co m TYPE EYE_OPENER_on_MUTUAL_FUNDS


A Fact: As of 24th Mar 2013, there are only 3 mutual funds in India which are beating
the benchmark NIFTY50 out of 500+ mutual funds and that too marginally (Quoting Mr. Ajit
Dayal on CNBC Awaaz)