Thursday, March 4, 2010

How to invest in mutualfunds

Investing mutualfunds is very easy. You require a savings bank account(mandatory) and PANCARD.You can invest lumpsom amount whenever u have money any time,minimum investment is Rs.5000/- and above u can invest crores.Another way to invest in mutualfunds is systematic investment plan(SIP),this means invest systematically and regularly, usually monthly.In this scheme you choose time frame,say 5year,10yr,20yr.in monthly instalment of min.Rs.1000/- and above 2000pm,5000pm,10000pm,100000 etc.

Invest in mutualfunds to create long term wealth

To create wealth, mutualfunds investment is the only answer.Investing in shares directly is very risky task.you don't know wich share will perform well.For example Rs.110/- per share of infosys value about 15 years back, is now above 1 lakh per share,at the same time Rs.5000/- per share of satyam 10years back is now Rs.120/- per share.This is the risk invester has to face 'gain or pain'.
If any body have knowledge about shares,time for research shares,sufficient money they can take risk of direct investment in shares,otherwise go for any good track record mutualfund. For example Reliance growtfund has given above 30%yearly growth rate for 12 years.For investments in mutualfunds contact me-09246568123

Wednesday, March 3, 2010

what is mutualfund

A mutualfund is formed by a trust that appoints asset management company(AMC) to collect the money from the public and manage it.The AMC invests that money in various investment avenues like shares,fixed deposites, bonds depending upon the investment objective.In India usually average performing mutualfund can give 15-20% annual returns over long term.