I want to invest in SIPs for about 2 years. I can invest around Rs. 2000-2500 p.m. Kindly suggest some good schemes for higher returns.
nikit shah (CA Final Student) (52 Points)
09 June 2011I want to invest in SIPs for about 2 years. I can invest around Rs. 2000-2500 p.m. Kindly suggest some good schemes for higher returns.
Hasmukhlal Chheda
(NA)
(22 Points)
Replied 20 June 2011
SIPs are a great form of investment. With SIPs you can also invest as low as Rs.1000/ month. SIPs are relatively safer and guarantee good returns if invested with the guidance of an expert. It has many advantages like income tax benefits, which can help reduce the tax burden. The payments in a SIP scheme are made periodically, which decreases the burden of one-time large investment. But the main problem lies in selecting the best SIP scheme that will suit your financial profile the best. For such task of selecting the best SIP scheme, it is advisable to consult some reputed broking firms like GEPL Capital that provides mutual funds services in India. They have a dedicated team of experts for mutual funds investment & SIP needs. The experts there will evaluate your profile and will help you choose the best SIP as per your needs.
Neel Patel
(Account Person)
(26 Points)
Replied 25 September 2012
With the next 2-3 years looking good from Indian Economy point of view, one can expect handsome returns through regular investing. Such investors can choose a systematic transfer plan (STP). SIP investments works when you give it time. SIP is profitable when it is longtime investment. SIPs are relatively safer and guarantee good returns if invested with the guidance of an expert.
Ramalingam K
(Founder & Director - Holistic Investment Planners (P) Limited)
(21077 Points)
Replied 05 April 2013
It may look very strange when everyone is advocating Mutual Fund Sip for long term, what is the necessity for this debate on ‘Is Mutual Fund SIP for Short term or long term?’.
https://www.holisticinvestment.in/mutualfund-sip
Regards
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
“Best Performing Financial Advisor Award” Winners from CNBC TV18
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