-
-
-
Services
-
-
-
More
-
POSTED BY ON April 20, 2013 6:22 pm COMMENTS (6)
Hello All,
I am planning to slowly move into trading.
I need few suggestion from you all:
1). Need to open a trading account.which one should I go for. I have account with axis bank.
2).Curently I will be investing 5000 permonth
funds in mind:
a. Franklin India blue chip
b. quantum long term fund (growth)
kindly suggest me how should I divide account for these funds.
Regards
Ankit
2021 © Jagoinvestor.com All Right Reserved
Dear Ankit, AMC stands for Asset Management Company. For your existing 2 MFs’ investment, the 2 AMCs are Franklin India & Quantum.
Being new is nothing wrong. Before investing your hard earned money, please invest your time. Read, learn, understand & ask.
Thanks
Ashal
Then, before you start investing on ‘tips’ understand why you are investing and where you are investing. you should be comfortable on what you are doing and should not be depending on advices. Can you please elaborate why you chose Franklin India blue chip and quantum long term fund (growth) as you mentioned?
if you want to learn a little more on MFs, what they do , how they utilize your money – please go through :
http://www.valueresearchonline.com/learning
Hi Ashal
As metioned, I am totally new to this.
It would be great you can explain the process to me.
What is AMC?
Regards
Ankit
Dear Ankit, why do you need a demat acount or trading for MF investing when you can invest directly with the AMCs.
Thanks
Ashal
Dear Ankit, are you asking for a demat account for stock investing or demat account for MF investing? Please clarify.
thanks
Ashal
Hi Ashal
I need this for MF.
Regards
Ankit