Personal Finance Queries For The Day (07-01-2019)

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B Gopkumar - 06 January 2019

Vijay Verma, vervijay@gmail.com, Pune: Hi, I have invested money in the below mentioned mutual fund; however haven't seen any profit, Can you guide me what shall I do? 1. Aditya Birla Sun Life Manufacturing Equity Fund GR - Average purchasing price 13 inr 2. DSP Small Cap Fund - Reg- Growth Discontinued - Average purchasing price 56.1 inr 3. HDFC Hybrid Equity Fund GR - Average purchasing price 51.25 4. SUNDARAM RURAL AND CONSUMPTION FUND GR - Average purchasing price 41 Kind Regards Vijay Verma.

All the funds mentioned by you are from known fund houses with a strategy aimed for long term returns in anticipation of pursued growth in particular themes and Indian economy. Since you have not mentioned your risk profile, investment time, holding period and goal horizon, we would suggest you to hold them further for better returns in long term. You can also consider your further investments in some of the performing picks like Aditya Birla Frontline Equity, Reliance Top 200, SBI Bluechip & ICICI Bluechip.

Satadal satadal54@gmail.com, SILCHAR-788004: I am very new ,but interested to invest in stock market, can you please advise a book to understand the of stock market please.

You may pursue a certification course from NISM or any other certification course on stock market where in their curriculum is suitable/designed for beginners. Apart from it you can refer known books on basics of stock market investments for beginners like Stock Market Investing for Beginners, Indian Share Market for Beginners and The ABCs of stock market. Suggesting you to start your investments through reliable stock broking house with genuine advice and active support.

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