Mutual funds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 August 2011
hello sir
i am 23 years old and recently started investing 1000 through monthly SIP in HDFC TOP 200. please suggest funds in which i can invest for the next 10-20 years.
i am 23 years old and recently started investing 1000 through monthly SIP in HDFC TOP 200. please suggest funds in which i can invest for the next 10-20 years.
27 August 2011
In my opinion one should go for mid cap equity fund or Gold ETF SIP for return of around 12% to 20 % return in the long run span of 10 - 20 years.
Message likes :
1 times
CA. Anoop Gadia
(Expert)
27 August 2011
HDFC 200 is very good diversified fund and choose dividend reinvestment plan to invest long term in this.
28 August 2011
In my opinion Mutual Funds are nothing but simply an eye wash. You should not invest in it and on papers all mutual funds are best but if you invest in mid cap equity shares you can ear much better return by way of dividend as well increase in market value.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
