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I plan to invest in mutual funds .....suggest some good fund with high returns and also the time duration.?

Mutual Funds, Hedge Funds and ETFs

I plan to invest in mutual funds .....suggest some good fund with high returns and also the time duration.?

Postby armann54 » Sun May 05, 2013 1:25 pm

i have heard about ELSS schemes with high risk ...tell me the time duration i can do SIP in those ......i heard they are also not doing so well off late ......i am a new investor
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I plan to invest in mutual funds .....suggest some good fund with high returns and also the time duration.?

Postby bradwen8 » Sun May 05, 2013 1:29 pm

Under section 80, Indians can invest upto Rs 1 lakh in ELSS (Equity Linked Saving Scheme, also commonly known as Tax Saver schemes) funds per year/per individual. The amount invested in a ELSS/Tax Saver scheme is Tax deductible on your tax return.
By Investing in a ELSS scheme / Once invested in a Tax Saver fund, money cannot be taken out for a period of 3 years.
Some good schemes are:
DSPBR Top 100 Equity fund
Reliance Regular Saving fund Equity option
Franklin India Prima Plus SBI MSGU FMCG
One who invests in SBI Magnum Emerging Business Fund five years ago, gets 6 % return on his investment today.If an investor puts Rs 1,000 every month in SBI Magnum Emerging Business Fund for five years (Rs 1,000 x 60 months = 60,000) earlier, he would get approximately 15 per cent returns today.
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I plan to invest in mutual funds .....suggest some good fund with high returns and also the time duration.?

Postby tupac94 » Sun May 05, 2013 2:11 pm

Yes you're proving your a new investor by;

1. Asking strangers (whose qualifications & motives can never be known) where to place your money.
2. Being concerned about current performance vs. a good asset allocation and performance versus peers.
3. Chasing performance.

Learn about this stuff by reading a 2-3 good books. No stranger or financial counselor will pick better funds for you.... than you.
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I plan to invest in mutual funds .....suggest some good fund with high returns and also the time duration.?

Postby ail73 » Sun May 05, 2013 2:16 pm

if you are new investor , then I suggest not to invest in any fund. Instead invest in stock market. Stock market is risky , now doubt, but for those who do not follow the strategy to invest. If you really want to invest for good returns, then go for stock market, Else invest in Bank FD insead of Funds. Go through the link below for more details.
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I plan to invest in mutual funds .....suggest some good fund with high returns and also the time duration.?

Postby mort51 » Sun May 05, 2013 2:27 pm

For 3 years then best mutual funds are:

HDFC Top 200
ICICI Discovery
SBI Magnum
DSP Blackro
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I plan to invest in mutual funds .....suggest some good fund with high returns and also the time duration.?

Postby hannraoi8 » Sun May 05, 2013 2:35 pm

may be this could give you some clarity:
http://www.masterandstudent.com/2010/08/top-sip-mutual-funds.html
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