How much are you able to save? And how are you even able to save from this much small amount! But anyway, I would suggest to start sip in any good flexi cap fund, one very famous one is PPFAS flexi cap fund. Of course a bit of disclaimer that online advices should be taken with caution. But you can always start and review performance at every 6 months interval. But remember, these stock market investments are meant for long term, not for a few yrs. So don’t invest any money in mutual funds or stocks, if you may need that money in next 5 yrs.
Alternatively, you can put 20% of your saving in one of these mutual funds, and remaining 80% you can keep in FD/RD. I am suggesting to keep in fd because I am assuming you will need those amount to spend on some fat expenditure, in near future.
And about the “How to”, I would suggest to use direct AMC website. For ex, if you want to invest in PPFAS fund, go to ppfas website and see how you can open an investment account.
Use it to upskill and increase earning potential. It will give you a better ROI.
use mf central app. don't use these apps like groww, and all
Hey guys , I am an IT dihadi majdur. Have zero idea about Investment. Let me share my income:
I receive 30k in hand from which I have to save 20k for my brother's engineering. Rest of the money I transfer to my mother's account as we ha...
Hello,
I'm curious about your insights on smart investment strategies for the money I've earned through internships and other sources. How can I make the most of these earnings? I'm open to suggestions and keen on learning from your exp...
Every month my salary gets credited I barely spend 20% of it the rest of it is just sitting around in my bank account it's already above 5L. I keep thinking of investing it in stocks/mf but it's a lot of work 😔
What do you guys do w...
Hookers and Coke, go enjoy life
Did you know that if you start with investing 90K INR Each Month and step up your sip with 10% every 2 years, assuming 12% returns You’d have over 30CR in 2040?
Now obviously you can consider inflation but still if you take out 4% of 3...
Bhai 90k salary nhi hoti 🙂 logo ki aap invest ka baat krhe
