Let me answer the question. I am N years old and earn few thousands a month and have no investments so far. How much should I invest and where?
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Let me answer the question. I am N years old and earn few thousands a month and have no investments so far. How much should I invest and where?
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I would start a series of posts where I would list few of the best rated equity funds from various fund houses and this is the first post in the series where I started with HDFC Mutual Funds.
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List of some of the best Tax Saving mutual funds. The list of funds selected are based on criteria of consistent dividend for a long period of time.
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I am making this statement because ELSS comes with a mandatory lock-in period of three years. This happens to be the smallest lock-in period that is available in the 80C basket. You can compare this with PPF, which matures in 15 years, NSC in 6 years and FD requires five years to get the tax break.
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