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GoofyNugget
GoofyNugget
Oracle

Planning to just invest 5k per month as sip in mutual funds, what are the things i should look out for

18mo ago
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PeppyDonut
PeppyDonut
Freelancer18mo

Invest in apple or nvidia through INDMoney

QuirkyNugget
QuirkyNugget
Stealth18mo

Not recommended for 5k per month. Let him focus on vanilla stuff.

PeppyDonut
PeppyDonut
Freelancer18mo

Your reason? I’m already up by 22% in apple in less than a year. 5k is worth the risk I believe.

WigglyTaco
WigglyTaco
LTIMindtree18mo

Expense ratio, AMC philosophy. First best place to get started is ELSS/Tax saving MF if you are in old regime or second best is Index MF.

GoofyNugget
GoofyNugget
Oracle18mo

what about something called as AUM, is higher AUm usually better to invest uh

GroovyCupcake
GroovyCupcake
Stealth18mo

AUM is nothing but asset under management. Its total portfolio value (of all the investors)

GroovyCupcake
GroovyCupcake
Stealth18mo

Past performance of the fund, your financial goals, tax saving benefit is there or not are a few things

GoofyNugget
GoofyNugget
Oracle18mo

will there be any tax benefits in new regime

GroovyCupcake
GroovyCupcake
Stealth18mo

Actually under new tax regime we do not get any benefits under section 80.

FluffyPotato
FluffyPotato
Student17mo

If you are looking for the consultancy for investments than I work in a company where our founder who has 20+ years experience in banking sector provides consultancy as per your needs.....for more help we can have a chat....do let me know please if you are interested in it..
Thank you

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