Trying to understand whether its a good bet for save now, buy later investments
Tried it, better create a RD in post office than that. I didn't find it particularly useful
Just my personal opinion. I didn't understand why I would not create an RD or invest in MF directly.
But given the concept is that if you want to buy something or plan to travel somewhere in future they give additional disc or % of return sort of thing (correct me if i am wrong) if we start investing at present in order to have something in future. Just trying to understand the whole concept and whether it was useful in such cases
Looks to be a startup that's wanting to get acquired
I came across Multipl app wherein you can have SIPs for a goal like buying a phone or trip expenses. Brands like Flipkart, MMT, Reliance Digital, Nykaa, Croma also co-invest in the SIPs and their contri can be cashed out as gift cards.
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So, I have started investing in MFs. Started from very low amt of 7k pm which is divided into 3 parts: Large Cap: 2.5k, Medium Cap: 2.5k and Small Cap: 2k.
MF Invested: Icici bluechip direct growth, HDFC mid cap direct growth and Quant...
Current mf portfolio (total invested = 10L) : Axis small cap Quant absolute Hdfc equity savings Axis blue chip Sbi gold (just started)
Top performers are axis small cap and quant; also running an sip on them
Current stocks (1.3L ): Mos...
