pls suggest me

HI,

I want to invest some amount ( EX. Rs.5000-Rs.10000) In MONTHLY under a gud scheme. I also want gud return and security . I can invest only for 2 years.(short period invest.)

Will U pls Suggest me,

1.Which type of deposits in BANK/POSTOFFICE is best?
2.Which type of mutual fund is best?
3.Is there anyother gud deposits are available?
4.What is the position of STOCK EXCHANGE IN INDIA?

REPLY ME AS EARLY AS POSSIBLE.

Hi ooviya,

First of all, I appreciate you for making wise decision in investing.

Thumb rule of investing: You investment should beat inflation.

Let me explain you in brief about this: Try to find out your total expenses in month(food, rental, cloths, movie tickets etc). Let us say it comes to around 15,000. Now calculate your total expense for the same last year, lets say it comes to around 12,000. So 3, 000 increase in expenses in one year, 20% increase in expense. Your investment should be in such way that can overtake this increase in expense(20%).

You asked..
1.Which type of deposits in BANK/POSTOFFICE is best?

Both give only 7-8% return, secured and reliable.

2.Which type of mutual fund is best?

Vary based on market condition. Gives positive return in bull market, negative result in bear market.

3.Is there anyother gud deposits are available?

Good deposits can give maximum 10 to 12% return but are not reliable.

4.What is the position of STOCK EXCHANGE IN INDIA?

Best place to invest ONLY if you know how to invest, where to invest, what to buy and sell.

Sure. But how can i contact u?

Originally Posted by Devinaren

Hi.

Is there any way you can contact me?

Thank u so much!!!!!!

invest in rel infra mutual funds