FAQ

What is the maximum limit to invest in MIP/MIS plan in banks? Can I invest INR-5 CR for the MIP plan?
Banks will accept such a large amount. If need be you can break it into multiple deposits. But the real question is, do you want to invest in such a B...
Wed, 2 May, 2018 at 4:09 PM
Does the CFA open more finance careers than an MBA from IIMS?
A CFA program has a narrow focus, whereas an MBA from an IIM has a broader curriculum and choice of subjects ranging from corporate finance to investm...
Wed, 2 May, 2018 at 4:10 PM
Which is the best investment sector for investment for my newly born girl child?
Here are two simple yet powerful investment tips for a newly born girl child: Go for Sukanya Samriddhi Yojana which was launched with a rate of 9.1...
Wed, 2 May, 2018 at 4:10 PM
What's the meaning of jama in Jama Co.?
Jamā is the Indian word for Accumulate (i.e. simply grow) Wealth. I say Indian here, because this word is truly Indian and is common to languages lik...
Wed, 2 May, 2018 at 4:11 PM
How can I create the multiple source of income as an average salaried person who can save upto 3k per month?
Creating multiple sources of income is a very good idea. Since your investment amount is just 3k per month, it would be good to invest it in one o...
Wed, 2 May, 2018 at 4:11 PM
What is good investment for SIP of Rs. 1000 each for two schemes? I am a beginner in mf and 27 years old married. I want a midterm and a long term scheme?
Good thought, to start with SIPs. For your goal, you need to invest in long term schemes only. Good funds can be Quantum Long Term Equity Fund and ICI...
Wed, 2 May, 2018 at 4:11 PM
Should I stop a SIP if the CRISIL ranking of the fund I invested goes down?
Taking knee jerk reactions when fund rank goes down may harm your portfolio. Exit loads and taxes may reduce your gain. It is advised to track the fun...
Wed, 2 May, 2018 at 4:12 PM
Where can we invest Rs. 3,000 per month? Should I invest that in some term plan like LIC Jeevan Anand or in systematic investment plans?
An insurance endowment policy may not be the best choice for long term growth. Costs are higher and returns lower, when compared to the returns of goo...
Wed, 2 May, 2018 at 4:12 PM
Where should I invest for at least 10 years, in multicap or in mid-cap?
If i had to pick one type of fund, then it would be multi-cap since the fund manager has the flexibility to move between large cap and mid cap based o...
Wed, 2 May, 2018 at 4:13 PM
What is the best investment that can be made for my 1-year-old child’s education (safe and profitable)?
Since this is a long term goal, go for diversified equity mutual funds. They have given about 15% return one a 10 year horizon, and have a good outloo...
Wed, 2 May, 2018 at 4:13 PM