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Note from TBHP support staff : Mutual funds option added

One you missed... the commodities market. The world's biggest market, though in its nascent stages in India. I have most of my funds put into real estate. For the rest, I have a portfolio, Insurance, FD's, MF's of Reliance & Franklin Templeton and the rest in the commodities market. Few 'chota mota' shares in the small industries.

Godspeed

Alok.

LOL... keep wondering mate!!

Amitoj

You need to have money to invest, right? :D
On a more serious note
Little bit in stocks and some mutual funds , medium bit in insurance and mutual funds(ELSS) to get tax benefits.
I am leaning more towards mutual funds. Though the gains are less, so are the risks.

How do you say so??? It all depends on the kind of scheme you invest in.. it all depends on whether you invest in debt or equity or debt/equity fund... hence MF per se cannot be labelled as a less risk investment option.

MFs are less risky simply by virtue of diversification, even for sector specific funds.

sbasak, Can you add 'Mutual Fund' to the options?

My surplus (though never happens :-)) goes to MF!

ya i agree with you on the diversification part (risk is spread across different baskets), but an investment in funds which invest in emerging sectors like biotech (where they try to identify multi baggers and invest) is no way a less risk investment option. however i also agree that investment in MF connotes as a less risky investment....

I meant compared to Stocks. No matter what type, MFs are always less risky than stocks

"Investments in mutual funds are subject to market risk. Please read the offer document carefully before investing" *read at speed of light!*

Oh. Actually there are multitudes of flavors amongst the MFs... just as two different cos. may not be the same when it comes to investing in their stocks. So obviously if you go in for those emerging sector funds, contra et al you are basically going in for a specific and at times esoteric fund. If it clicks it may make you rich and the opposite may also be true.

However just like in stocks there is a way to make your investments more secure in MFs as well. Do not go for sector specific funds. Similarly, if you are looking for maximum safety with the gains of the stock market go in for Large Cap funds. Mostly the Equity Diversified kinds.

Select a fund based on data. Data does not mean that some XYZ fund has grown by 20% in the last 6 months and so... Look for 3 or more years of data. Typically one that has gone through the cycles of lows, highs and turbulent phases. Look at the fund's individual records vis-a-vis the sector in general. These are good markers. It also pays to know the fund manager and target your funds accordingly.

Haa haaa haaaa... there I go again :D But believe me it can be worthy if you know your way around.

investment in real estate would be the safest bet. There are a few ppl who also invest in gold (again a safe bet).

Ok..so its that time of the year again when we have to put aside a lot of money to save a small amount of tax. Though I've been traditionally investing in NSC's this time around I want to invest in ELSS, mutual funds. Mainly due to the ease of transactions.

Guys, pls throw some light (based on your experiences) on which MF's ( i mean HDFC, fidelity etc) should I invest. Anybody lost money by investing in ELSS?.

Any other tax saving non government investment option available out there?

Thanks in advance.

Reliance vision and growth funds have best CAGR in MF
Check if they have an ELSS option.

Right now u can put upto 1L in 5 year FD's. They (5year FD only) get u 80C tax benefits similar to NSC PPF etc. only need to lock in for 5 years vs rest.

I REFUSE TO VOTE ON THIS POLL..
First off I am ASHAMED of all you people that have voted here^^^ and that are going to vote after I post...
You all are supposed to be car obcessed people.. whatever spare money you have SHOULD BE INVESTED IN YOUR RIDE.. tsk tsk.. forshame on you folks!!