regarding mutual funds

hi friends,
How to buy mutual funds and how to see the past records for particuler mutual fund and how to see the status of the mutual fund once we bought.

please help me on these preliminery things.

thanks and regards,
sandya.

You can buy it through agent.

You can see past record on moneycontrol.com or any other financial website.

You can track your fund online. They will provide you with the username and password.

Any broker should able to help you.

Many sites provides information about funds history:

www.moneycontrol.com
www.valuereserachonline.com
www.rediff.com provides good articles how to invest in MFs.

The above sites gives information about India MFs

can we buy directly with out agent.and tell me about systematic investment plan.how systematic investment plan will work.for example some cost is there for one unit today now i bought that unit's in SIP method,so if unit will increase tommrow i have to pay additional amount in next month or same amount every month i have to pay.please guide me.

thanks and regards,
sandya.

You can buy directly also. But if you want 2 or 3 MFs from 3 companies it is difficult to go each and every company. Agent should help you to buy any MFs and good thing is he wont charge anything from you.

For SIP look at:
http://in.rediff.com/getahead/2006/jul/26sip.htm

Originally posted by T Sandya:
can we buy directly with out agent.and tell me about systematic investment plan.how systematic investment plan will work.for example some cost is there for one unit today now i bought that unit's in SIP method,so if unit will increase tommrow i have to pay additional amount in next month or same amount every month i have to pay.please guide me.

thanks and regards,
sandya.

SIP means Systematic Investment Plan, you declare a particular amount and date on which your declared amount will be deducted from your account and invested into the scheme you decided.

Whatever date you have decided, on current price (NAV) of that day will be applicable for that month's investment.

It is called SIP because you are averaging your investment, sometime you will get more units (NAV is low) and some time less (NAV is more).

HTH.

can Anybody suggest some good funds,i am not able to bare risk and i want money after 1 or 1 1/2 year,so according to this please suggest me.

thanks and regards,
sandya.

Originally posted by T Sandya:
can Anybody suggest some good funds,i am not able to bare risk and i want money after 1 or 1 1/2 year,so according to this please suggest me.

thanks and regards,
sandya.

All tax saving mutual funds (ELSS) comes with the locking period of 3 years minimum.

So you will not get tax benefits if you will go for 1 or 1.5 years' scheme.

Some good and prestigious MF providers are:

1. SBI
2. Franklin
3. Reliance
4. HDFC
5. ICICI

But do your research before investing because Mutual Funds are subject to market risk.

You can try Balanced funds if you dont want to take risk.

Originally posted by KJ Reddy:
You can try Balanced funds if you dont want to take risk.

If I am not wrong, this balanced fund is not related to MFs.

can Anybody suggest some good funds,i am not able to bare risk and i want money after 1 or 1 1/2 year,so according to this please suggest me.

Me,Me,....Give it me!!! I will safeguard your money.

Originally posted by rathi ji:

If I am not wrong, this balanced fund is not related to MFs.

It is a mutual fund.

Originally posted by rathi ji:

If I am not wrong, this balanced fund is not related to MFs.

Why not? MFs need not to invest in only share market, they can invest in both shares and other income options.
[ September 05, 2006: Message edited by: KJ Reddy ]