POSTED BY February 2, 2014 5:26 pm COMMENTS (7)
ONHi,
I am blessed with the male baby recently and i would like to invest (long term – around 18 years / 20 years) a amount of rs 10000 which is given for my baby as a cash gift by relatives.
Shall I deposit the amount into FD or Mutual fund? or anything else? pls let me know your thoughts on this?
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dear Revathy, in next 20Y or so, what value you assume for your basic 10000 Rs. to be?
thanks
Ashal
if investing on mutual fund, in what mutual i should invest? i havent invested before. i am new to MF.
Dear Revathy, what do you want to do with the money after 18-20Y?
thanks
Ashal
Dear Ashal,
I am planning to use that amount for my child’s education purpose.
Mutual fund or PPF
hi,
if investing on mutual fund, in what mutual i should invest?
visit website valueresearchonline they have good reviews. since your time frame is big invest in a equity mutual fund.