New to Investment, want to do investment need your help !

POSTED BY lucky10101 ON October 20, 2013 1:29 pm ONE COMMENT

Hi, I am 26 yrs old unmarried person my income is 60k per month and I am a central govt employee, I have bank account with SBI and want to invest into mutual funds and stocks.

Current Investment :

1.       SBI Gold ETF

(a)    Mode of Investment : SIP

(b)   Duration : 36 months, Status Now : 19/36

(c)    Amount : 1000/- pm

2.       SBI Pharma

(a)    Mode of Investment : lumpsum (bought this month)

(b)   Duration : not fixed will hold atleast for 1 year

(c)    Amount : 5000/-

3.       SBI Infrastructure (bought this month)

(a)    Mode of Investment : lumpsum

(b)   Duration : not fixed will hold atleast for 1 year

(c)    Amount : 7000/-

4.       Chit Funds in village

(a)    Mode of Investment : SIP

(b)   Duration around 2 yrs (1 year remaining)

(c)    Amount : 8000/- pm

(d)   Maturity amount : around 2.8 lacs

5.       Provident Fund

(a)    Mode of Investment : SIP

(b)   Duration : Not fixed

(c)    Amount : 20,000/- pm

Future Investment :

I want to do invest 15,000/- from next month onwards in equity funds, please guide me if I have choosen correct fund for investment, let me know if any amendments need to be made

Requirements :

1.       I want to invest into SBI mutual funds only

2.       Don’t have to invest into insurance policy as I am already insured

FUND NAME

AMT

DURATION

MODE

SBI Emerging Bussiness

3000

12 yrs

SIP

SBI Global Magnum

3000

11 yrs

SBI Gold ETF

3000

9 yrs

SBI Pharma

3000

7 years

SBI IT

3000

5 years

Investment in Stocks :

I want to invest into direct stocks may be after 6 months If at all I have some spare money to take risk so which one is the best trading account, Since I have account with SBI shall I go with them. Once invested in stock I rarely keep track of it, its like investing and then forgetting for 6-8 months and then having a look at it and do necessary amendments if required, I am planning to invest every 6 months into stocks the spare money which I will be having.

One reply on this article “New to Investment, want to do investment need your help !”

  1. ashalanshu says:

    Dear Lucky, you should check this first.

    jagoinvestor. com/forum/finacial-planning-faqs

    Post your learning here after checking the whole discussion.

    Thanks

    Ashal

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