Chit Funds – Product Review

POSTED BY Venkatesh Jambulingam ON July 4, 2013 9:59 pm ONE COMMENT

Hi,

I am not sure if any of you have used this financial product chit fund. My dad is a big fan of it and usually will have one chit fund running all the time. I was never able to determine the actual returns for amount invested in chit funds. If any one had any experience with this product tyep, please share your experience. 

E.g: Sri Gokulam Chit Funds and Finance.

One reply on this article “Chit Funds – Product Review”

  1. Manish Chauhan says:
    July 5, 2013 at 11:16 am

    Yes, it can give high returns and they do , But then you are exposing yourself to higher risk all the time , like it happened with Sharda Chit Fund recently .

    So its a matter of choice I would say . Read this – https://www.jagoinvestor.com/2011/07/chit-funds.html

    Reply

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