Need Advice On SIP

[jhonny.s]

Hello Folks,

New to Mutual Fund concept.

I am planning to invest 10k per month in any good schemes through SIP .

Can some one help me in choosing good Growth Oriented schemes.

Thanks In advance.

 

[comm4300]

1. Determine your financial GOAL [ex.retirement, marriage, car, home dwnpymnt, child's edu, etc etc].
2. Put a time frame to it [5 years, 10 years or more].
3. More time for your goal = more equity exposure.
4. Choose a good [5 star rated] mutual fund. Use valueresearchonline.com for this list.
5. SIP = sooner the better.

and finally,
stick to just 1 Scheme for each goal of yours. Too much is not necessarily too good.

all the best.

 

[jhonny.s]

1. Determine your financial GOAL [ex.retirement, marriage, car, home dwnpymnt, child's edu, etc etc].
2. Put a time frame to it [5 years, 10 years or more].
3. More time for your goal = more equity exposure.
4. Choose a good [5 star rated] mutual fund. Use valueresearchonline.com for this list.
5. SIP = sooner the better.

and finally,
stick to just 1 Scheme for each goal of yours. Too much is not necessarily too good.

all the best.

Thanks Comm.

My plans are for my future use what ever need it may be..
Time frame is 10 Yrs..I gone to this site, but confused as always..
i follow ET wealth recommendations also.. But As traderji has many successful traders, i thought of taking help from It.

Thanks for your help. can you pls let me know MF schemes in your portfolio..:clapping:

Thanks..

 

[comm4300]

Thanks Comm.

welcome.

But As traderji has many successful traders, i thought of taking help from It.

sure. I'd suggest you read http://www.traderji.com/mutual-funds-discussion-forum/55578-buy-dips.html

Thanks for your help. can you pls let me know MF schemes in your portfolio..:clapping:
Thanks..

HDFC Top200
Franklin Sensex plan
HDFC Equity

 

[TFL]

Hello Folks,

New to Mutual Fund concept.

I am planning to invest 10k per month in any good schemes through SIP .

Can some one help me in choosing good Growth Oriented schemes.

Thanks In advance.

Before investing you need a plan.
Your investments should be goal based.
Can't say a capsule or readymade advice here.
If you are interestested I'm ready to serve a complete financial plan for you without any cost. But that need more information like your risk profile, goals, current financial status, etc from you.

 

[vishal412]

Yes before investing your money you need to have your Goal sheet ready, when do you need how much money for what purpose. Based upon your goals only you can decide in which fund you should invest and for what time period.