Iam looking for long term investment option(greater than 5 yrs) for my kid's education which i can use for her higher education.i am looking for mutual funds to invest.Please let me know about the investment you have made or which one is the best to invest in.
Hi, First find out how much you need for your kids education and then invest. HDFC Top 200 HDFC Equity DSPBR Top 100 are some good funds for long term. Regards, Shaishav
Dear JGVR, HDFC gift and ICICI prudence are low risk debt oriented/balanced plans, and as your term is greater than 5 years, you can take up more equity component.... Each person's risk capacity and preferences and long term outlook is different, thats what makes the markets fall and rise Understand the fund, the fund manager, its goals and objectives, the stocks and the sectors, the securities that it invests in, how much of it is kept in cash, how much is invested in debt, equity, etc, its performance history, the dividends it has paid etc... and see if it inline with your personality before investing Please go through my blog Complete Financial Planning - Blogs - IndusLadies to understand finances Harini
JGVR: Wealthtrack is a good news show on investing. YOu can watch online or via Mediafly or Mediafly on Roku. She is having guests that are alerting about risks as financial market right now is very risky.
HDFC Gift Plan is good but HDFC Top 200 better. Nothing called ICICI Prudence in market. Please clarify if you are referring to ICICI Prudential or HDFC Prudence.
