Q :I have a monthly take home of Rs30000.i am married with 1 kid.Is SIP a good option to invest in ELSS? Answer :SIP is a very good option to invest in any type of assets which are risky/ volatile and it is definitely a good option to invest in equity schemes; since ELSS is a type of equity scheme; we...

Q :I have invested in icici prulife with 3000 as monthly sip. What is current nav? Answer :You can get an online login id and password with ICICI Prudential Life Insurance Company's website. We are not authorized to check policy details on your behalf unless you are a client, in which case we could...

Q :I want ten lakhs after ten years. how much I need to invest every month in mutual fund to achive this targets. Answer :It's working out to about 4900; so you can invest 5000 monthly at 10% to get the required corpus. Please see our crorepati calculators online to calculate other such numbers....

Q :Where should I invest my money at this time? Answer : The best investment is the one which is best for your personal situation. This means the risk level, asset class, type of fund and your goals, timeframe and financial profile must all agree. The best way to find out is to do a financial plan enabling...

Q :Right now I have 2-3 lakh, how can i invest this money so that it yields 10000 rupees per month? Answer :If monthly income is a requirement, then you can look at Post Office MIS Scheme. It gives 8% p.a.; which will give you 24000 if you invest 3 lakhs. However, if monthly income is not required, then...

Q :I AM   37 YEARS.I WANT  TO INVESTMENT  IN MUTUAL FUND , MONTHLY INVESTMENT 500/-FOR 10 YEARS , PL SUGGEST  ME WHICH PLAN  IS SUITABLE. Answer : Your best bet is a SIP (Systematic Investment Planning) where you put a small amount monthly in a mutual fund, just as you are...

Q : I want to invest rupees one lac in top ranking mutual fund. Please suggest the best.   Answer : Some diversified equity funds to look at (for investing with a tenure of 3-5 years) are DSP BR Top 100 Fund, Sundaram Select Midcap Fund, HDFC Top 200 Fund, DSP BR Equity Fund and Benchmark S&P...

Q :Tell me about any investment plan which you find satisfactory. Answer :Investment Planning is unique for each individual as it depends on his risk appetite, time horizon and the purpose for his investment. It also depends on his background and the amount of funds he has for investment. So, to do Investment...

  Q : I would like to INVEST a sum of RUPEES 50000 .Kindly suggest me the area where to invest for maximum returns. Answer : Maximum returns would depend on your personal situation since each person can afford various levels of risk/return and has different needs depending on age, family status...

Q :Suggest 5 best equity diversified mutual funds Answer :Some diversified equity funds to look at (for investing with a tenure of 3-5 years) are DSP BR Top 100 Fund, Sundaram Select Midcap Fund, HDFC Top 200 Fund, DSP BR Equity Fund and Benchmark S&P CNX 500 Fund. However, your allocation to them...