heerydom
Site Admin
Joined: 23 Sep 2011
Posts: 109
|
 Posted: Fri Sep 23, 2011 7:38 am Post subject: 8 point to invest into Mutual Funds |
 |
|
1 Experts manage your money at 2.0% of your wealth irrespective of the size of your investments. You are just not dependent upon any single individual for news, tips or khabar.
2 Every one knows when to buy but no one knows when to sell. While no expert can sell at the top they really know when to get out.
3 You can start with small amounts of money Rs 5,000 for one time investment and Rs 1,000 for a systematic investment plan.
4 Diversified mutual funds have created a lot of wealth over a period of 10 years. Some funds have multiplied wealth by over 14 times during that period.
5 Diversified mutual funds follow de-risked strategies by balancing stock and sectoral weightings within prudential norms. This helps them catch almost all rallies in the markets.
6 Mutual funds provide great liquidity. Money can be taken out within 72 hours and there is nothing called a circuit filter.
7 The problems of calling up brokers, filling demat instruction slips, making and receiving payments at the end of each settlement cycles, keeping contract notes and records for taxation purposes are all eliminated.
8 Some funds offer tax saving facility under sec – 80 C. Investment into these funds can be made up to a maximum limit of Rs 100,000. These funds have how ever closed ended.
Air Conditioning Compressor |
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
