Yahoo Answers is shutting down on 4 May 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Ashok
Lv 7
Ashok asked in Business & FinanceInvesting · 1 decade ago

I am a Govt servant based in delhi. i intend to make investment 3-5 thousand PM in mutual funds or like scheme?

what are the good schemes, which i can choose ?

how to make investment ?

Do i need to open an DMAT Account ?

what is the procedure of DMAT accout opening ?

what are schemes with good returns.

thanks

2 Answers

Relevance
  • 1 decade ago
    Favourite answer

    To invest in mutual funds you do not need DMAT

    Best way to invest 3000 every month is - Systematic Plan Plan in Equity Diversified Mutual Fund. You should keep at least 5 years minimum tenure to invest in Equity Diversified Mutual fund. In 5 years you will invest Rs. 3000 x 12 months x 5 years - Rs. 1,80,000/- and you can expect minimum Rs. 3,00,000/- returns i.e. 20% CAGR.

    http://www.freemutualfunds.com/SIP.html

    http://www.freemutualfunds.com/story5.html

    Recommended funds are

    http://www.freemutualfunds.com/best-funds.html

    If the tenure of you investment is less than five years the you must invest in MIP mutual funds. (MIP funds invest 85% money in debt instruments and 15% in Equity instruments) you can expect 8 to 10% retuns in MIP funds.

    Recommended funds are

    http://www.freemutualfunds.com/best-funds.html

    for more information please contact at

    http://www.freemutualfunds.com/contact.html

  • 1 decade ago

    I would like to share an investment piece you might be interested to invest in, particularly in Boracay Island, the best tourist beach destination in the Philippines.

    The investment piece in the island bares the following proposal summarized into three:

    1. Own a Crown Regency Hotel room in Boracay;

    2. Earn millions through your invested room; and

    3. Enjoy a total of 52-free room night stays in any Crown Regency Hotel in the Philippines and around the world in more than 2,000 hotels and resorts affiliate around the world.

    If you have further questions and clarifications, please don't hesitate to mail me at: apriljoy.fuentetriangle@gmail.com / esperonapriljoy@yahoo.com

  • 1 decade ago

    Presently we are in age of rapid price rise and the returns that we get on investment is quite slow in comparision to it

    I have a investment plan that is better than mutal funds both in terms of safety and returns. Can you believe that your investment being entirely safe (as you find them when you keep it in bank) you get minimum 20% (depending upon the amount invested) growth on your investment per annum. The prominent aspect is by investing you support the welfare of the mankind. In this way you have double gains - 1. of course the good monetry returns and 2. Karmic returns. If you wish to know more I can send you details through email. You can write me on ashvind24[at]yahoo.co.in. (Convert [at] to @).

  • 1 decade ago

    MF- ELSS schme

    DMAT A/C,, I f u hav that kind of adequate knoledge than u can.

    All you have to do is call any of our Designated branches or Phone Banking lines and we'll assist you with a better understanding of the products and in opening the account.

Still have questions? Get answers by asking now.