Mutual funds good or bad??

mu
@mkrnex (785)
Bangalore, India
September 14, 2015 11:31am CST
Are mutual funds appreciated and invested in your place?Is it worth while?Is it good?Can we make profit? If we can which are the schemes to try and how to approach??!!
1 person likes this
2 responses
Sky
@skysnap (20152)
•
14 Sep 15
Mutual funds are good however if you choose to invest into equity funds then be mindful. Make sure that you invest 50% equity fund and rest into PPF, debt fund, fixed deposit. That being said, you should diversify the funding. That way you are not going to lose the money if the market goes up and down. Not that mid cap funds and large cap equity funds are risky and you should invest only if you have such money to spare into it.
1 person likes this
MANISH K RAO
@mkrnex (785)
• Bangalore, India
14 Sep 15
@skysnap so if I have 5000 Rs to invest..What all funds you suggest me to invest in and in what ratio??Are blue chip funds good??
Sky
@skysnap (20152)
•
14 Sep 15
@mkrnex I can't suggest which fund is right for you. However what I can tell you is, check out site named freefincal . com . As that site is good for learning how to get choose funds and how to allocate the funds to type of funds. Blue chip funds are good but risky and also fluctuate a lot. Instead make sure divide your 5K into two blocks get one debt fund and get one Franklin templeton large cap bluechp fund. Thats just suggestion. I advice you to meet a professional before finalizing the funds. Also don't take advice of the bank staff for selecting mutual funds.
MANISH K RAO
@mkrnex (785)
• Bangalore, India
14 Sep 15
@skysnap ohh so they try to con into new funds for their profit and commission.I had searched and found out that in 5000,2000 must be invested in prudential blue chip,2000 in birla sun life,1000 in kotak gold fund. Does it sound promising!!?? Can you suggest me some liquid funds??
scheng1
@scheng1 (24649)
• Singapore
24 Dec 15
My return is better than mutual funds, because I learn from reading books, and I invest prudently. Nobody can take the money from me in the form of annual fee or whatever. Mutual funds always have such annual fees, and even if they lose money for you, you still have to pay the fees.