Which is the best mutual fund in MIP?
474648
Please check HDFC Monthly Income Plan - Long Term Plan (G) Fund. One year return is 21.0%. \nage of fund - 28 months. Inception Date - December 26, 2003. Present Fund asset size - 823.21 crore. Key holdings - KEC Infrastructure, Infosys and Satyam Computers.
785600
Mutual funds from fund houses like Franklin Templeton, HDFC, SBI, ICICI are quite good. But, the thing to remember here is: past good performance is not an indication of future performance. The element of risk will always be there. Visit personal finance, mutual fund web sites like http://www.valueresearchonline.com and http://www.moneycontrol.com to know ratings of various mutual fund schemes. A better idea would be to start off the investment with the minimum application amount and thereafter a monthly SIP.
717012
DSP\nKERVY\nMORGAN STANLEY\nJP MORGAN
439706
I like Legg Mason Partners Funds (formerly called Smith Barney). I invest in LMP Aggressive Growth, LMP Fundamental Value, and LMP Appreciation Fund. These are known as "3 Fund Approach." Why? Just like you don't want to invest all your money into one stock, you don't want to invest your money all in one mutual fund (even though it invests 25 to 300 different companies). How you want to diversify your money is up to you, but I put about 33% into all.\n\nMy dealer is PFS Investments and they don't charge any fees to use their services. You can buy or redeem your shares online. You can check the value of your portfolio anytime online too. Oh yeah, make sure the agent is properly licensed and ask about the complimentary financial need analysis (a very useful financial tool).\n\nAnyway, no matter how you invest, don't pull out if the stock market crashes because you know stock market will always rebound (base on past performance).
332949
These 2 sites are pretty good for learning. The beginner will do best investing in mutual funds.
578953
Sie Können die meisten Zinsen aus CD's haben. Mutual Funds sind auch ein sicher anlegen.\n\n*DISCLAIMER*- excuse my terrible German, I study it at University, but that is not saying much.
43974
http://www.schwab.com/public/schwab/research_strategies/mutual_funds?cmsid=P-980434&lvl1=research_strategies&lvl2=mutual_funds\n\nIf this is too specific just go to http://www.schwab.com, click on Research then click on 'Mutual Funds'.
54931
If you are an NRI(non resident Indian) or related to an NRI, try opening a checking account with a financial institution like ICICI bank. Purchase directly from brokers in India making sure of reputation and insurance of brokers..I would say you are still better off investing in MF(mutual funds) having  Latin America, European Growth funds, Energy funds etc. Indian stocks of only few(security, defense, hightech) companies are promising though Indian MF have had better returns(10% +). Fidelity has some MF that do have Indian stocks. Charles Schwab might have opened an overseas department in India. They do have one in Pakistan. Singapore depositories are new that make it easy to invest in foriegn stockds. Good luck but be careful.The Silicon valley BOOM has shifted to silicon India...BUST might be inevitable.
970094
The best returns come with the higher risk.   Mutual funds are usually poorer returns than you get from picking the rights stocks because someone is taking a portion of your profits to supposedly reduce your risk.  You pay for returns in risk to your investment (for stocks etc) or in frustration cost (rentals,  owning your own store etc).  \n\nRental property is my preference,  as long as your careful and check things out well (ie actually checking for places to rent to confirm comparable rental rates etc).  Over the long term it's one of the best lower risk investments you can get, but it does take your time and effort.
369295
Morningstar should have most anything you want to know about mutual funds: http://www.morningstar.com/Cover/Funds.html\n\nHowever, there's a good reason why they say for mutual funds that past performance doesn't mean much for future returns.  Often times, the biggest gainers in the 1 year category just took huge risks or got lucky, so use some good judgment and try to do some research before investing, rather than just picking the last hot mutual fund, which is a good way to get underperformance.
735663
The best according to past performance is Magnum Tax saver of SBI is at number 1 spot with highest return. Second in the run is HDFC's Tax Saver and the third is ICICI Prudential. Choose the one according to your wish but also see that where they invest in the market. Since it is a Long Term investment you take your decision after analysing these three funds properly since there is 3 years lock period on the investment in these fund.
409566
I think Indian market is a story of non stop upward march save some corrections/profit taking on the way. All fundamentals of the economy and companies are on positive side plus small investors are equally involved so as the mutual funds and FIIS. Select the right company, be care full, book profit and go ahead.
1097883
Hi fren, I think it is not advisable to invest in Mutual Funds this time, provided u have some other investments which can compensate any loss u might incur. I say so because if u follow market, u can see that for few of the very strong funds the NAV has gone down.\nMutual funds, depend on share market and currently all the analysts (national and international) have advised their clients to take a vacation.\nI think for a new investor like you, u should wait for some time, let the market stabilise once then u can think of getting in.
737639
There are quite a few mutual funds that have long term average returns of 10% and better.  There are also quite a few blue chip stocks that also have a long term average return of better than 10%.   Whether or not those returns will continue in the future remains to be seen.  But 30 years is a very long time.  \n\nHere are just a few examples:  MMM about 13.5% annually during the last 30 years. \n\nPENNX has returned 14.69% annually over the last 25 years.\n\nGAM a closed end fund has returned 16.1% annually during the last 27 years. \n\nI would not be the least bit surprised if Chinese and Indian funds perform a lot better than U S stocks and funds during the next 30 years.  Here are a coulple IIF a Indian fund.  TDF and CHN two Chinese funds.  So far this year IIF has returned 33%, but during the life of the fund only 13%.  TDF has returned 22% so far this year but over the live of the fund only 10.7%.  CHN has returned 9.3% life to date but 31% so far this year.  The developing markets funds are somewhat more volitile than the developed markets funds. But their economies are becoming much more developed.
996218
ING is great.  Check out www.GMACBank.com (also).  I have both. GMAC has an ATM card & free checks as well as electronic transfers. Currently GMAC has higher rates for savings.\n\nBoth are FDIC insured. Both are major players in the on line market.
28586
Morningstar is a nice resource, but remember it is strictly backwards-looking analysis. Kiplingers is OK but is biased towards no loads. (There is a recent study out in the Journal of Financial Planning {October, 2005} that challenges the idea that index funds always outperform actively managed funds.\n\nHere's what I start with when looking for a fund to fill an asset category:\nPerformance relative to peers\nAsset size (Avoid the bloated funds)\nManager Tenure (Great 5 & 10 year numbers mean little if the manager has only been there for 2 years)\nFee structure\n\nThe important thing to remember is to allocate your assets in a manner in line with your time horizon and risk tolerance and DON'T CHASE PERFORMANCE. This years winners are not usually on the top of the heap next year.\n\nIt is never a bad idea to consult a financial planner, either.
85855
As a long-time financial executive in the investment field, it is my opinion is that any answer you receive that cites a specific fund is wrong!  A proper answer must consider your personal situation, you investment timeframe, your tolerance for risk, etc.  My answer is that you should try and determine what fund or funds best fit your specific situation (either personally or by hiring a qualified investment specialist -- not a mutual fund sales person).  A few sources I've used in the past include (but are not limited to):\n\nhttp://moneycentral.msn.com/investor/finder/predeffunds.aspx\nhttp://www.morningstar.com/\nhttp://www.maxfunds.com/content/navigator/alphasearch.htm\nhttp://www.fundalarm.com/