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find the present value of the future value.
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benny_vp | Which bank is the best bank to invest mutual funds? |
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hamerphantom
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like the two answers before, I agree that you shouldn't use a bank. If you want to invest your money in mutual funds I would look at using a financial advisor to get the best answer. Otherwise you could look into something like Vanguard, Fidelity, Openheimer, Dreyfus, or Gartmore. They are all good companies. The reason I suggest a financial advisor is so you can take a risk assessment test to find out which would be the best for you. A lot of insurance agents are also licensed financial advisors (who don't charge extra for the service). You may want to start there. |
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zocko
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BANK? You want to find a low cost No-Load mutual fund company like Vanguard or Fidelity. |
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Crawfish
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No bank gives the best rate on mutual funds. You need to go to an investment broker. |
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Quixotic
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DON'T BUY MUTUAL FUNDS AT A BANK.
Don't buy them at a brokerage either.
Buy them at a company whose main focus is mutual funds. There are dozens of good ones. I've never had a problem with T.Rowe Price, but Fidelity, Vanguard, Founders, etc. are also very good as well. |
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vegas_iwish
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Banks are worst place for any investment especially mutual funds. To even think of engaging in an investment program with 1... |
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VJonDalalStreet
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Why do you need a bank to invest in mutual fund?
Mutual fund is a mechanism for pooling the resources by issuing units to the investors and investing funds in securities in accordance with objectives as disclosed in offer document.
Schemes according to Maturity Period: Open or Close Ended
Schemes according to Investment Objective: Equity/Debt/Balanced/Liquid/Gilt/Index etc
There are different mutual fund houses in india like Sundaram, Kotak, SBI Magnum, Fidelity, Franklin to name a few.
You can visit this website for more info:
http://www.vjondalalstreet.com/faq_mf.html
Cheers
VJDS |
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