Ideas/Suggestions Needed

POSTED BY Kishorenath ON March 20, 2011 7:16 am COMMENTS (2)

Hello Everyone,

 

I am just new to this forum. I needed your suggestions and ideas for investment. I do invest in shares but now I want to go in to Mutual funds/ULIP/Endowment plans. Planning to invest 2 laks per annum. Can you guys please tell me where to invest(i mean how much fund in each MF/ULIP/Endowment). It would also be great to know which are the best ULIP and endowment available right now.

 

Thanks in advance.

2 replies on this article “Ideas/Suggestions Needed”

  1. Kishorenath says:
    March 22, 2011 at 1:24 am

    Hello Manish,

    Thanks for ur response.

    I am 24 and a NRI. I love to invest in stocks. I did so but its difficult to watch market because of time difference and lack of recommendation.

    I dont have any personal life insurance. I just have a NRI housing loan from HDFC bank(which comes with the insurance for that particular loan amount) . May be after 5 or 10 years, i want to settle in India. So I want to invest which will help me when I get back home.

    So can you suggest where I should invest- Whether mutual finds. ULIP,Endowment plan. When I check kotak,HDFC,Aviva they have lot of plans but dono what to choose. I have trading account with Sharekhan(with KYC) so I can invest in mutual funds. But not sure about the fund to choose.

    I can go for aggressive funds with Risk( short as well long time). Thanks in advance.

    Reply
  2. Manish Chauhan says:
    March 21, 2011 at 9:31 am

    KishoreNath

    The first thing which we do in these cases is to start from the “goals” . So tell me which are your financial goals , one you decide the destination , we can show you the ticket coutnter and then you can buy your ticket and choose you path !

    Manish

    Reply

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