Invest in sip
This query is : Resolved
29 July 2014
Hi,
Dear Expert, i am salaried employee and my annual income from salary is 2.16lac, my age 27years old, married. i am planning to take SIP so pls guide me about what kind of investment is benificial for me according to my salary. i want to invest for long term and short term both near about 2000/- per month.
kindly let me know about better option for me so i get good return and get rebate under sec 80c n all.
Dear Expert, i am salaried employee and my annual income from salary is 2.16lac, my age 27years old, married. i am planning to take SIP so pls guide me about what kind of investment is benificial for me according to my salary. i want to invest for long term and short term both near about 2000/- per month.
kindly let me know about better option for me so i get good return and get rebate under sec 80c n all.
29 July 2014
For you, I suggest SIP with exposure in Equity having growth option for long term investment as I found SIP is best form for wealth creation for long run.
For investment in SIP, you will not get deduction u/s 80C
For investment in SIP, you will not get deduction u/s 80C
29 July 2014
Umesh thanks for your suggetion, but can you suggest me one more thing that in which companies equities i prefer for invest my money as SIP. and how much return i will get on that particular unit.
29 July 2014
Umesh thanks for your suggetion, but can you suggest me one more thing that in which companies equities i prefer for invest my money as SIP. and how much return i will get on that particular unit.
29 July 2014
Umesh thanks for your suggetion, but can you suggest me one more thing that in which companies equities i prefer for invest my money as SIP. and how much return i will get on that particular unit.
29 July 2014
Umesh thanks for your suggetion, but can you suggest me one more thing that in which companies equities i prefer for invest my money as SIP. and how much return i will get on that particular unit.
29 July 2014
You have to choose the SIP from Asset Management Company like Reliance, L&T, Franklin, Birla etc, they will investment in equity of the company.
Investment is equity or equity oriented Mutual fund is risky, so there is no fixed rate of return. You may incurred the loss also but in long run, it will give decend return.
My personal experience, I have started investing (as Monthly SIP) in Reliance Equity Opportunity Fund (growth) in March 2013, now I am getting around 36.00% return on that fund.
Investment is equity or equity oriented Mutual fund is risky, so there is no fixed rate of return. You may incurred the loss also but in long run, it will give decend return.
My personal experience, I have started investing (as Monthly SIP) in Reliance Equity Opportunity Fund (growth) in March 2013, now I am getting around 36.00% return on that fund.
29 July 2014
Besides that, you end up saving the money otherwise you could not find out where you have spent that money.
29 July 2014
Besides that, you end up saving the money otherwise you could not find out where you have spent that money.
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