Need help on investment planning for monthly amount of Rs 5000

POSTED BY Mahalakshmi ON July 26, 2011 8:56 pm COMMENTS (2)

Hi Manish,

I am planning to make investment of Rs 5000 every month as below, pls let me know whether i am on the right track. all the investment i am planing is for long term purpose)

1. Buy shares for Rs 2000 (please suggest me shares for long term purpose)

2. Do SIP for Rs 3000 as below:

a. HDFC Top 200 – Rs 1000

b. Birla Sun Life Frontline Equity A – Rs. 1000

c. HDFC Equity – Rs.1000

Awaiting for your reply 🙂

 Thanks in advance!!

Maha

 

 

 

 

2 replies on this article “Need help on investment planning for monthly amount of Rs 5000”

  1. Ramesh says:

    I fail to understand why you would want Direct Investing on recommendations from others. If you cannot analyse companies, it is better not to do it.

    Use 2 funds, and invest in them.

    http://www.subramoney.com/2011/07/relationship-manager/

  2. Jagadees says:

    Your fund selection is okay. But why you would like to invest in direct equity? Have you made any attempt to educate yourself about the direct equity investing? or currently learning??

    It beats me how you would be ready to invest 40% of your monthly investment amount based on the recco of unknown forum member without any track record to show off???

    The best thing i would suggest
    1. First learn the basics of equity investing
    2. shortlist and analyze set of companies
    3. Finally ask specific questions regarding the stock in the forum which u dont understand

    Regards
    Jagadees

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