06 December 2012
hii i m a fresher and i want to invest 5000/- in mutual fund one time only . plz suggest me in which mutual fund i have to invest and the procedure of that
All mutual fund investment is of speculative in nature.
It is good that you have Rs. 5000 to make investment and the amount itself suggests that it is a hard earned income or saving from pocket money.
Better you keep in Fixed Deposit with any Bank or Post Office. At least you will get assured income. In case of Mutual Funds even value of your Rs. 5000 may go down.
CAclubindia
