Re: Bottom fishing in mutual funds
Dont go for SIP. Instead if you realy like to invest like SIP then you can do it on your own. That way you are not forced to invest a certain fixed amount every month. You can invest as much as you like or as little as say 500/- or 1000/- Rupees every month in any star rated fund. I call this my flexible SIP. Even bad fund will give you a decent return over a long term if you invest regularly.
Good Luck.
I have been investing in mutual funds since almost a year or so but in lumpsum amounts instead of SIP's.. I have many funds including some good tax saver funds like hdfc tax saver and sbi tax advantage
SIP's are a total new concept to me.. Are there any SIP's which allow flexible amounts.. Lets say 4000 in one month, 5000 in the second month and so on?
I have a medium risk appetite and plan to invest 30-40K in the coming six months..
SIP's are a total new concept to me.. Are there any SIP's which allow flexible amounts.. Lets say 4000 in one month, 5000 in the second month and so on?
I have a medium risk appetite and plan to invest 30-40K in the coming six months..
Good Luck.