I want 5 lacs in five years and again 1 lacs in one year. Where to go RD or mutual funds. Please suggest.
Use short term or ultra short term funds also you can include arbitrage funds too.
sir name some funds n hw much to invest.i hv already started investing in mutual funds as advised by u for my longterm goals.so specifically name d funds n amount
You can use the funds like HDFC PSU Banking Fund or Franklin India Low duration Fund. In arbitrage category, you can use Kotak.
should i consider RD for one year goal.actually i want invest through sips.i dont hv lump sum
read about funds in moneycontrol.com and valueresearchonline.com, and after getting enough informaton, then only invest. dont just randomly do it. I am also a beginner by the way
If you already started investing, then what was your doubt?
Yes, RD for a year goal is best. Go ahead.
n wat about 5 years goal of 5 lacs.through sips