5k investment every month in mutual fund not sip manually advices please

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Deal Subedar
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I have around 5k every month for investment time to time I buy stocks for long term but now i wanna buy some mutual funds i wanna do it manually every month not sip any advices please
Thanks in advance
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Deal Cadet Deal Cadet
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The amount is not very significant and what you are trying to do is time the market that hardly anyone can do. Just put a Sip and use the time and energy to do something better. 

Deal Cadet Deal Cadet
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5k invest in any nifty 50 index fund and relax. Do it via any app or on a date range say 5th to 20th of each month when you have money to spare. but sip is more disciplined manner of investment but banks have made a business out of it by charging when there is no funds in the account. SIP should not have bank charges as it is a investment not a loan repayment. 

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Deal Cadet Deal Cadet
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The amount is not very significant and what you are trying to do is time the market that hardly anyone can do. Just put a Sip and use the time and energy to do something better. 

Deal Newbie Deal Newbie
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In so far as I understood, he is seeking recommendations of specific schemes and plans that he can invest in, on a regular basis.

He merely mentioned SIPs as a side note.
He does not relish parking funds via those products, it seems.

Nowhere is he suggesting thst he wants to 'time the market'.

I could be wrong though.
Talk-Of-The-Town Talk-Of-The-Town
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Axis blue chip funds

Deal Newbie Deal Newbie
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H⃨o⃨p⃨e⃨f⃨u⃨l⃨l⃨y⃨ y⃨o⃨u⃨/⃨o⃨t⃨h⃨e⃨r⃨s⃨ i⃨n⃨ t⃨h⃨e⃨i⃨r⃨ i⃨n⃨i⃨t⃨i⃨a⃨l⃨ y⃨e⃨a⃨r⃨s⃨ o⃨f⃨ w⃨o⃨r⃨k⃨i⃨n⃨g⃨ l⃨i⃨f⃨e⃨

Pro Entertainer Pro Entertainer
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@bikidas2060 miki babu kaha dubaye 5000 jara batao 🤔

Benevolent Benevolent
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@arko1983650

Deal Cadet Deal Cadet
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5k invest in any nifty 50 index fund and relax. Do it via any app or on a date range say 5th to 20th of each month when you have money to spare. but sip is more disciplined manner of investment but banks have made a business out of it by charging when there is no funds in the account. SIP should not have bank charges as it is a investment not a loan repayment. 

Helpful Helpful
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SIP should not have bank charges as it is a investment not a loan repayment.

--- all banks deduct if sip fails .. sbi deducts 290 rs ...
Commentator Commentator
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On what are you looking for advice? If you are looking for mutual fund names, better buy sensex or nifty mutual fund. It's not helpful to follow random advice on active mutual funds.

Cool Cool
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Mine is also almost same story......

I had an SIP of same 5k per month in a fund with Coin app (Amount was to be debited from my Zerodha account). Because of some policy changes from SEBI, zerodha stopped this last year. I had to create a bank mandate to continue the same, but thought to do it manually every month (Read: timing the market). Big mistake!! But, in reality I managed to do a single trxn in this year. The accumulated 50k has now been converted to auto-FD @ 7% with Kotak 811. I am sure, i clearly missed out a better equity returns.

Lessons learnt.

1) Not try to time the markets.

2) We should automate our investments in MF as primary essence of an SIP is to be systematic.

PS: I want to restart the SIP in that fund from the start of next FY as the market may slip a bit from this ATH levels because of elections.

Wait.!!!!! Am I trying to time the market again? @bikidas2060 @Ramta_Jogi

 

Deal Cadet Deal Cadet
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you are again trying to time the market again.

keep lumpsum investment in auto fd but do regular sip monthly. If you see opportunity next year then do a lumpsum.

when i invest 2.5 cr I did not invest in one go .I invested it in installments of 10-15 lakh per month.

Some are predicting that nifty may rise to 24-25k levels. I am not so hopeful though.

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Benevolent Benevolent
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1. invest monthly amount in liquid fund

2. set STP to ur mutual funds from that liquid fund (works only when AMC is same)

with above setup u have to manually transfer amount to liquid fund but you will not incur bank charges for failing SIP, also you can pause STP if u want

at the end SIP is the simplest way 

Deal Cadet Deal Cadet
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@Demon_slayer

THIS... THIS COMMENT!! I was impressed by QT content but then I realised that it is just adding more maths for IT computations 😐

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Benevolent Benevolent
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Purchase nifty bees...

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