Investment planning: How to invest Rs 20 lakh for 5-7 years for steady returns ?
I inherited Rs 20 lakh and want to invest it conservatively for 5-7 years, prioritising capital safety and stable returns. I’m cautious about risks and prefer not to use fixed deposits. Could you suggest mutual funds that offer steady growth with limited volatility? Rushabh Desai Founder, Rupee With Rushabh Investment Services: For capital preservation with […]
Mutual Funds: What are ECS return charges and how to avoid them?
In case you have an SIP (systematic investment plan) for mutual fund investment into one or more schemes, it is understood that you have given standing instructions to your bank to deduct a pre-decided sum on a particular date. The amount that is transferred is usually deducted via Electronic Clearing System or ECS. But have […]