Friday, January 8, 2010

I want to invest for Rs 50000 advice me the best mutual funds for 5 to 10 years long run?

You can invest in break up of 10000 in 5 different mutual funds, that will give u safe return as all the mutual fund are prone 2 two risks that is Market conditions and Mutual fund managers decision.





You can choose from any of these top funds:


1. ICICI Prudential Focused Equity Fund


2. Tata Growing Economies Infrastructure Fund


3. UTI Equity Tax Savings Plan 2000-Dividend


4. UTI Gilt Advantage Long-term Provident Fund-Dividend Half Yearly


5. UTI Infrastructure Fund-Growth


6. SBI Magnum Global Fund-Growth


7. SBI Magnum Taxgain-Growth





For more info Check out website or chatI want to invest for Rs 50000 advice me the best mutual funds for 5 to 10 years long run?
Well first its good that you have a time horizon of 5 to 10 years,at present what I would advise is you should go for a STP plan (systamatic Transfer Plan)In this plan you first invest in a liquid fund or a floating rate fund sum Rs 50000 and then every month say 5000Rs you transfer to an diversified equity fund in this way you benfit from both sides.Some recomended funds DSPML Liquidity Fund 2) DSPML tiger Fund 3)Tata Infrastructure Fund 4) Fidelity Equity Fund 5) JP Morgan India Equity Fund and so on for more advise and info do chat or write

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