Steady 50K income per month

[TracerBullet]

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)

Forget about ajit dayal, Go look at returns of good diversified funds over 3/5/10 years. All beat their benchmarks easily. Here look at 4 - HDFC Equity, Franklin Prima Plus, ICICI Dynamic, BSL Frontline Equity - 4 different fund houses. Similarly midcap funds have beaten their index. Good funds beat index on rolling returns very consistently. Short term performance does not matter that much. SIPS will reduce risk.

Dayal is the same guy who said something about Sensex reaching 30k soon few years back. I was stupid then, bought MFs at near peak of 20k

 

[TracerBullet]

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.

Educate yourself, dont make decisions based on what your friends say. Inflation will eat up bank FD returns- At best they can used for some diversification. Even here, use Debt MF instead to get indexation over 3 years.

Equity is volatile, SIPs will help a bit but you cant escape volatility. No reward without risk. If you expect 8-10% every year then dont invest in equity. First get your expectations right, Then Equity may give more than that easily over long term.

You can look and understand MF Fund behaviour in good sites like valueresearch, morningstar(india), fundsindia.
Increase SIPs when Index PE is say less than 15, Decrease SIPs/Reduce Equity when it goes say above 25, manage your asset allocation and then just forget about it.

 

[toingpoing]

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

Most stupid thing is to go in for FD in banks. After paying tax and accounting for inflation,money depreciated without spending...:rofl:

 

[Biswajit Das]

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

great .... bandhu ...... great:clap::clap::clap::clap::clap::clap: