Investment option
By divi
@divssri (971)
Bangalore, India
February 29, 2016 11:44pm CST
I am searching a trusted and beneficial investment plan , can anyone suggest me for which one I have to go or why. How is systematic investment plan , anyone have idea about this .I just want to go for a little investment value but I don't know which is better.
1 person likes this
2 responses
@concept001 (430)
• India
1 Mar 16
Hi Divya SIP is a good method to build a capital for yourself. But I would suggest you to research well before starting any investment venture. Mutual Funds and other investments are highly risky as they depend on the Markets and if the latest trends in the markets are considered its very risky.
1 person likes this
@concept001 (430)
• India
1 Mar 16
@divssri Hi Divya if you start a SIP every month for Rs 1,000 at the age of 30 for 20 years. Your investment amount will be Rs 2.4 Lakhs and your mutual fund investment will grow to Rs 11.5 Lakhs considering 13% annualized returns of equity funds.
1 person likes this
@divssri (971)
• Bangalore, India
1 Mar 16
@concept001 thank-you so much. It's involved risk factor or risk free return.
1 person likes this
@pranavdhonde (37)
•
16 Apr 16
Hello Divya. Its great that you are looking for investment in mutual funds. I hope you know that mutual funds are subject to market risks and does not depend on past performance but surely it does give you an idea that how the mutual fund may give returns, again let me remind you it is uncertain.
SIP is a good option rather than investing a lumsump amount. SIP reduces your risk. Monthly installment in SIP will give you good returns regardless of market conditions over the long run(min. 5 years)
Before investing your money I would suggest you to invest in financial knowledge and gather some basic information about how these things work so you may understand the technical concepts of investing. Once you know the basics you can your self formulate a investment plan for your self that suits you best.
Happy investing!
