Suggestion Required :- Investment/Saving

Suggestion Required :- Investment/Saving

75°
Cropped3574287856799284837
Deal Cadet
56
192
1

I want to invest online like digital silver for saving purpose. guys i need your suggestions monthly 3k to 5k

reason for saving purpose

thank you

Expired 19 days
17 Comments  |  
6 Dimers
Img 20160422 wa0002
Deal Cadet
93
629
5

Don’t invest in Silver/Gold. Open demat account. Invest in stocks. Even mutual funds are good.

Untitled 1
Critic
80
4582
135
pikkuboss wrote:

Don’t invest in Silver/Gold. Open demat account. Invest in stocks. Even mutual funds are good.

Agreed, gold and silver is not a good investment option. Avoid it.

Don’t need to open demat account for buying mutual funds.

And right now is not the best time to invest into stocks. Stock market is all time high right now.

@ayushh03 If you want to invest for a long time (at least 10 years) then invest in any index fund (mutual fund). Index funds replicate stock market and they are practically risk free for long duration.

If you want to invest for a short period then invest in liquid mutual funds or UST mutual fund. These have some risk but offer flexibility and better returns.

Untitled 1
Critic
80
4582
135
ayushh03 wrote:

@pikkuboss @Roushh can u suggest good mutual fund

What is your age? For how long do you want to invest? Are you willing to take greater risk for higher returns or you would prefer to go for minimum risk for decent return?

Cropped3574287856799284837
Deal Cadet
56
192
1
Expand
Roushh wrote:

What is your age? For how long do you want to invest? Are you willing to take greater risk for higher returns or you would prefer to go for minimum risk for decent return?

My age is 24 and i can take low risk with decent return

Untitled 1
Critic
80
4582
135
Expand
ayushh03 wrote:

My age is 24 and i can take low risk with decent return

Good. Also, for how long do you want to invest?

Cropped3574287856799284837
Deal Cadet
56
192
1
Expand
Roushh wrote:

Good. Also, for how long do you want to invest?

1.5 to 2 years atleast

Img 20160422 wa0002
Deal Cadet
93
629
5
Expand
ayushh03 wrote:

My age is 24 and i can take low risk with decent return

Mutual fund is the answer.

Img 20160422 wa0002
Deal Cadet
93
629
5
Expand
ayushh03 wrote:

1.5 to 2 years atleast

Invest in Liquid MF for short term. Better return than FD. If you are looking for 4-5 years, then there are better options with monthly or Quarterly SIPs.

Untitled 1
Critic
80
4582
135
Expand
ayushh03 wrote:

1.5 to 2 years atleast

That’s very short term. Anyway, my best recommendation will be to start a sip in Ultra Short Duration mutual fund. These usually offer 9-10% return. The good thing with these USD mutual funds is that you can withdraw your money whenever you want without any charges. Following are good USD funds.

Franklin Ultra Short Term Super Institutional Direct Growth
ICICI Prudential Ultra Short Term Direct Growth

Remember to buy Direct Growth plan. Do not buy from agent. Buy from Paytm Money, Zerodha etc.

Cropped3574287856799284837
Deal Cadet
56
192
1
Expand
Roushh wrote:

That’s very short term. Anyway, my best recommendation will be to start a sip in Ultra Short Duration mutual fund. These usually offer 9-10% return. Following are good UST funds.

Franklin Ultra Short Term Super Institutional Direct Growth
ICICI Prudential Ultra Short Term Direct Growth

Remember to buy Direct Growth plan. Do not buy from agent. Buy from Paytm Money, Zerodha etc.

Thank you so much

Img 20160422 wa0002
Deal Cadet
93
629
5
Expand
Roushh wrote:

That’s very short term. Anyway, my best recommendation will be to start a sip in Ultra Short Duration mutual fund. These usually offer 9-10% return. The good thing with these UST mutual funds is that you can withdraw your money whenever you want without any charges. Following are good UST funds.

Franklin Ultra Short Term Super Institutional Direct Growth
ICICI Prudential Ultra Short Term Direct Growth

Remember to buy Direct Growth plan. Do not buy from agent. Buy from Paytm Money, Zerodha etc.

Can you suggest for 4-5 years one time investment, not SIP.

Untitled 1
Critic
80
4582
135
Expand
pikkuboss wrote:

Can you suggest for 4-5 years one time investment, not SIP.

For 5+ years, I would suggest you to invest in any index fund with low expense ratio. UTI Nifty Index Fund Direct-Growth is one of the best index fund with 0.1% expense ratio. HDFC Index Fund Direct-Growth is also good and has 0.1% expense ratio.

You can check more options here.
https://www.moneycontrol.com/mutual-funds/perfo...

But currently the market is all time high so wait for a dip. Market is going to crash but the question is when.

So until then keep your money invested in any good Ultra Short Duration mutual fund or Liquid fund so you don’t miss out on good returns. And when you see a window of opportunity, move your money in a index fund.

Missing
Deal Cadet
83
533
19

i would say put 35% in gold, 40 % in large cap/index/hybrid fund and remaining 25% in small cap/mid cap/opportunity fund
i recommend keep some amount in Gold (physical), as it is the safest asset in times of world crises
consider a scenario, there is a nuclear war tomorrow, all electric gird is wiped out, the value of these virtual assets becomes 0, while the value of gold becomes many fold

Missing
Deal Newbie
50
20
0
Expand
Roushh wrote:

That’s very short term. Anyway, my best recommendation will be to start a sip in Ultra Short Duration mutual fund. These usually offer 9-10% return. The good thing with these USD mutual funds is that you can withdraw your money whenever you want without any charges. Following are good USD funds.

Franklin Ultra Short Term Super Institutional Direct Growth
ICICI Prudential Ultra Short Term Direct Growth

Remember to buy Direct Growth plan. Do not buy from agent. Buy from Paytm Money, Zerodha etc.

Sir How do Zerodha and Paytm Money make money if they are not charging any commission?

Missing