A HouseWife Mrs.SA wrote :
Dear Sir,
You are doing a great job with your blog. I have learnt a lot from your blog. Even though I am afraid of Equities, your writing has given me confidence to invest in Mutual Funds, to be begin with.
I'm a home maker & can save Rs.500/- every month. I want to invest this amount
systematically every month for next one year & want good return after 5 years.
Now my question is which option is the best for my investment. I don't
want to take high risk.
Thanking You,
SA
KOLKATA
SRIKANTH SHANKAR MATRUBAI :
Dear Soma Madam,
I have stopped giving FREE advise both online and offline. I am charging a minimum of Rs.1000 for each advise. But I am making an exception in your case because of your status as a Housewife and also because of your small investment amount.
But note this is a one off exercise. Next time, you will have to pay me for any advise.
My Advise :
Being a Housewife with very little invesible amount and also with your low Risk taking ability, you are better off investing in Large Cap Funds and/or Balanced funds.
I feel 500 is too little. But something is better than nothing. Even with this 500, I will try to get you not only Good Low Risk Funds, but also good diversification.
My advise would be to split your 500 into 3 parts and invest as under :
250 * 1 in Sundaram Select Focus Fund
150 * 1 in Reliance Regular Savings Fund ( Balanced )
100 * 1 in SBI Magnum Balanced Fund
This way, 50% of your investment is going into Balanced Fund and the rest 50% into Large Cap Fund and you are getting into 3 different AMCs.
I encourage you to continue to use the SIP way as this is the BEST way to invest and also make maximum returns on your investment.
With you all the best.
Regards,
Srikanth Shankar Matrubai,
Bangalore
Also visit http://equityadvise.blogspot.com
0 comments:
Post a Comment