how to get maximum out of my savings

how to get maximum out of my savings

Missing
Deal Newbie
50
31
1

hey buddies..
so, i got a job and i am earning a few bucks now. (hurrayyyy)
to all the economists out there, please tell me how get maximum out of my savings??
fyi:
#i am a shopping/deal freak
#avg savings is around 25k per month

btw, howz digi bank doing? good enough to invest?

5 Comments  |  
5 Dimers
Napster icon
Critic
70
5424
107

Invest in a Mutual Fund SIP. If you need suggestions on funds, let me know.

Missing
Deal Cadet
120
128
12
@enapster wrote:

Invest in a Mutual Fund SIP. If you need suggestions on funds, let me know.


hello bro could you plz suggest some good SIPS…also how do i invest in it ..i.e. directly or via some 3rd part website like fundsindia.. ? ..Thanks

Napster icon
Critic
70
5424
107

If you buy directly from the Mutual Fund (website), there is no entry load. If you use third party websites, there would be an entry load / service charge (~1-2%). However you will get the convenience of seeing all your holdings in one place and transaction (buying / selling) from one place.

The Funds that you select depends on your risk appetite. If you have an investment horizon of 10 year +, I suggest pure equity funds. Mix of Largecap, midcap and smallcap.

https://www.valueresearchonlin...m/ – this is website that I like for getting information on Mutual Funds.

Missing
Entertainer
442
6318
77

Ab kahe ki savings… Jalaa diye saare note… https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif

Missing