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POSTED BY ON May 24, 2014 9:09 am COMMENTS (6)
Hi,
Wish to invest in Mutual Funds.
But on surfing net, came to know following types of Mutual Funds:
1.Equity Based
2. Debt Based
3. Hybrid
4. Money Market
Kindly let me know which is the best for short term return (1 year).
Also if possible, which fund should I invest in.
Thanks
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Unless you answer Hemanth’s questions, nobody can suggest you ‘good mutual fund’
Hi,
If at all was interested in 9%-10%, would had easily invested in Bank.
But have heard that the Mutual Funds give more returns then Bank.
Hence would like to know which type of fund would give me better returns as compared to Banks.
Thanks,
Dear Varsha,
Then, please ask the people who have said that the returns in the mutual funds are far better than a fixed deposit for 1 year to suggest a good fund for you.
I think you don’t have a good idea on mutual funds. So, there is no hurry in investing in mutual funds. Please go through different articles written by Manish on mutual funds.
First, please understand on the product that you are investing in. If you just invest in a product just by someone’s advice and without having an idea of the product, you will be in a real mess.
So, please don’t invest in mutual funds unless u get good idea on it.
Also, think this…. on your reasearch on mutual funds, why did you get 4 different types, but not only one type.
Let me know in case of any clarification required. We shall discuss.
Regards,
Hemanth.
Hi
Thanks for the reply.
But liquid funds give us the same rate of interest as Bank (arnd 9%-10%).
What is the benefit in investing in Liquid Fund ?
Regards
Ok…. Please answer these questions.
1. Are u ready to loose your money.
2. how much are u expecting for your money to grow in 1 year….
Regards,
Hemanth.
Choose a liquid fund ( money manager).
Invest in a liquid fund of an AMC where you have a equity fund investment.