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Old 8th October 2008, 02:18 PM
Junior ILite
 
Join Date: Apr 2007
City: LA
State: california
Country: United States
Posts: 100
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Default SBI mutual funds

Hello ladies,

Can anyone with financial knowledge tell me about SBI mutual funds? When I was in India 2 years back I asked my Mom to invest in MF as it was supposed to be very good at that time. My Mom wants to make some investments for my younger sister who is still in school. But with the current financial situation I do not know whether it is wise for my Mom to put away that money in the SBI MF every month.

What should we do, since I am in US I cannot talk to the agent through whom I got it done for my Mom and my Mom is not a very investment savvy person. She was just asking me whether she should sell the SBI MF ?

Can any of you here give some advise? Thanks
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