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What is the best mutual fund to put your money in?

Updated: 8/18/2019
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12y ago

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Some of the best funds in India right now are:

1. HDFC Prudence Fund

2. HDFC Midcap Opportunities

3. IDFC Premier Equity

4. etc

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12y ago
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Q: What is the best mutual fund to put your money in?
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When you put your money in a fund and the investment company combines that money with the money of millions of other investors and buys stocks and bonds with it?

this is a mutual fund


What are mutual funds and where can I purchase them?

A mutual fund is basically a fund that you put your money into with a set percentage rate that allows your investment to grow into a larger amount. Contact a personal finance advisor or even your local bank, they have people trained to help you find the best investment for you.


Where can I find out about divorce stock options?

I would take the money out of your stocks, split the profits/money, and then put your money back into a mutual fund that averages around 8% or higher.


What happens to the money put into an open mutual fund?

It gets invested in the stock market or in any investment class that the mutual fund is supposed to invest in. Ex: Debt Mutual funds invest in Debt instruments like bonds and Equity Diversified funds invest in Equity Shares etc


What is mutual funds in the industry of finance.?

Mutual funds are monies put into an account similar to a savings account. However, you must leave the monies in the fund for a certain period of time for you to make any interest money on it.


What Are Mutual Funds and How Do they Work?

Mutual funds are a way of investing that gives a person an option of earning more money than a bank and less risk than the stock market. Usually, these funds are managed by stock brokers or other forms of licensed financiers. People can deposit money on the account and write checks on it, just as they can with a normal bank account. Although mutual funds are generally considered safe investments, they are not entirely without risk. The risk happens in part, because of how mutual funds work. Instead of a person diversifying his portfolio on his own, he contributes the money to the account. The overall funds of the individual investors are pulled together to enable the mutual fund manager to make investments. A person in a mutual fund owns shares in the company. If the investments do well, the amount in the account grows. If the investments do poorly, an investor can lose the money he has in the account. Investments in a mutual fund are handled by the fund's manager. In order to ensure the money performs as well as possible for the customers he manages, the manager gets paid based on the performance. The better his mutual fund does the more money he makes. Good managers make sure to keep the funds diversified and do not put all of the money in the fund into one basket. They usually have no other job, although they may occasionally decide to invest the money they make back into the mutual funds that they manage. Mutual funds are one way a person can invest money, but as it involves a person involving in the stock market, it will usually be only one investment made. Some people reduce their risk by spreading out their money over multiple funds. A private investor can easily fund such funds, also called money market accounts. He may have to put a certain amount of cash into the account before he can open it. The rules of the mutual fund may necessitate that a person have an account for a certain amount of time before he can make any withdrawals from it.


Which investment is riskier mutual fund or CD's?

There is no risk to the money put into a CD that is issued by a government insured bank (FDIC). But you cannot take the money out without paying a penalty until the agreed upon time has passed. A money market mutual fund is almost risk free, but it is not really guaranteed by anything except the good name of the fund. It allows you to take your money out whenever you want. A mutual stock fund is subject to the usual risks of the stock market. You may make money or lose money. In the long run, if you accept the modest returns of the safe CD's, you may miss out on the bigger returns of the stock market, especially in times of high inflation. Many experts advise you to split your investment dollars between safe, low return investments like CD's and riskier but high return stocks or mutual stock funds.


Is it true that mutual fund advisors cannot incorporate with respect to liability (law suits)?

Yes this is true mutual fund advisors cannot incorporate with respect to liability. This is a measure put in place to protect consumers.


Simple Tips For Choosing the Best Mutual Funds?

Although there are plenty of ways to invest your money, one of the most popular is the mutual fund. Regardless of whether you have $500 to invest or $50,000, a mutual fund can be a smart place to put your money in order to receive a higher return than interest from a savings account. However, investing in anything always carries a risk. A mutual fund that under-performs may reduce your capital, leaving you with less than you originally had saved. There is no way to guarantee the success of your investment, but these basic tips can help you to choose the top mutual funds.Look At Asset Base of the CompanyA mutual fund company can range from having a few million dollars under their control to having billions of dollars in their asset base. Some individuals think that placing their money into a mutual fund that is large will guarantee its success. However, a too big to fail mentality is not always best. In fact, some of the best performing mutual funds are those who have an asset base at or below $500 million.Determine Your Income Needs and Risk ToleranceFinding mutual funds that fit your needs mean that you have to determine what it is you want out of the investment. If you want income now, your priorities will be different from someone who wants to slowly build their capital wealth over time for the next 20 years. In addition, the choice you make will depend on whether you plan to earn substantial wealth in just a few months or if you are happier with slow and steady progress. The best mutual fund for one person might be a disastrous pick for you, so try not to look at lists of top mutual funds when making your decision.Mutual funds are a great investment option for many. By knowing what to look for, you can ensure that you find the right mutual fund for your own needs today and in the future.


Can you tell me how to get I bonds?

Mutual funds are monies put into an account similar to a savings account. However, you must leave the monies in the fund for a certain period of time for you to make any interest money on it


Where can I get information on how to buy a bond?

Mutual funds are monies put into an account similar to a savings account. However, you must leave the monies in the fund for a certain period of time for you to make any interest money on it.


What are fund?

Fund resources are types of investments that people can choose to put their money towards. The goal of this is to generate a larger sum of money.