sir
i am planning to save 25-35 k pm regularly , what saving schemes i have to go for to get good returns in long run,. I am intrested in SIP in sujjest some schemes to maximise my wealth with min risk.

 

  • Simran 11:57 am on March 7, 2010 Permalink

    Hi Shiraz

    Why dont you go for Exchange Traded Funds (ETF’s)? ETFs trade just like a share on the exchange. They trade on the capital market segment. So you need to just call up your broker, place an order just like any share. ETFs are in dematerialized form and settled like any other share on T+2.

    With ETFs one pays lower management fees.(other funds have 2.25% as compared to ETF which usually is .75% – A saving of 1.5% upfront)
    This way you can surely maximize your wealth

    All the best

  • boghdan2000 11:57 am on March 7, 2010 Permalink

    take 10k and divide them in half, take 5 k and buy ICG, wait untill it goes up 30% and take profits…if it goes down 20% double the number of stoks and so on…good luck