Ajax
IIIndia Investments
•Created by Ajax on 2/16/2025 in #ask-anything
Ajax - Looking for a resource where it has ever...
I see, and the same goes for Debt MFs.
No one in our family has over 12LPA for now either
9 replies
IIIndia Investments
•Created by Ajax on 2/16/2025 in #ask-anything
Ajax - Looking for a resource where it has ever...
Note that if you are earning you should not have much in any form of fds in the first place (also, it would not be a significant portion of your total investment anyway).Well my brother's insisting on it despite me showing how Liquid MFs are a much better option for short term investing sooo, since thats what seems to let him sleep at night I don't have an option Thanks!
9 replies
IIIndia Investments
•Created by Ajax on 2/16/2025 in #ask-anything
Ajax - Looking for a resource where it has ever...
I looked into sweep/flexi FDs and regular FDs, the use case for each made sense but then I saw floating FDs then wanted to know what it's about.
Also, does the 5 lakh insurance by government mean I could put FDs into small finance banks for more returns or is the claims process not worth that effort?
Lastly, what are the things I should actually look into when it comes to picking a bank for FDs?
9 replies
IIIndia Investments
•Created by Oshkit on 2/12/2025 in #ask-anything
Oshkit - Please guide me on this. Suppose I inv...
It's best to understand in detail in whatever you'll be investing
8 replies
IIIndia Investments
•Created by Oshkit on 2/12/2025 in #ask-anything
Oshkit - Please guide me on this. Suppose I inv...
@Oshkit I recommend reading this, or from the first chapter if you'd like https://zerodha.com/varsity/chapter/introduction-to-mutual-funds/
8 replies
IIIndia Investments
•Created by Oshkit on 2/12/2025 in #ask-anything
Oshkit - Please guide me on this. Suppose I inv...
Yes, because of compound interest. Which all Growth MFs follow by, the only kind of MF you should be investing in too.
8 replies
IIIndia Investments
•Created by Ajax on 1/17/2025 in #ask-anything
Ajax - The main difference between post office ...
Yeep, my brother finally decided to move away from them since even for a 1yr deposit you need to visit them monthly
2 replies
IIIndia Investments
•Created by Ajax on 2/1/2025 in #ask-anything
Ajax - How risky it is to invest in these funds...
I'll stick to icic liquid fund for now then, don't have the time to study which other fund to invest properly into and by now I know it's best to not ask others for what to invest into and doesn't seem like this server allows that anyways. Thanks to you all!
21 replies
IIIndia Investments
•Created by Ajax on 2/1/2025 in #ask-anything
Ajax - How risky it is to invest in these funds...
Since John said to avoid sectoral ones and I do know the risks of them on a very surface level but I did see them listed on the wiki so I want to make sure
21 replies
IIIndia Investments
•Created by Ajax on 2/1/2025 in #ask-anything
Ajax - How risky it is to invest in these funds...
Is banking and psu ones fine too for this?
21 replies
IIIndia Investments
•Created by Ajax on 2/1/2025 in #ask-anything
Ajax - How risky it is to invest in these funds...
Got it, short term as in under five years?
21 replies
IIIndia Investments
•Created by Ajax on 2/1/2025 in #ask-anything
Ajax - How risky it is to invest in these funds...
The SS I listed didn't mention, it was implication I picked up from what John said.
Don't invest in equity if you need the funds in 2 years. Keep that stashed away in Liquid funds Don't go for sectoral funds like banking/psu, just go for a flexi-cap fund or index funds
21 replies