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Moneycontrol.com >> Message Board >> View Messages >> MF Investment Help
   You are here :     Moneycontrol     MMB    Personal Finance      MF Investment Help                         Most active discussions of 2006 , 2007 & 2008
Is it the right time to start SIPs (3)   03-Jul-08 14:19Tracked by (2)  
Posted by:   Guest on ( 03-Jul-08 14:19 )
Addressed to  RANJAN
Hello Ranjan Sir,

I hav jus started earning & I am lookin to start SIP of about Rs8000 pm in ELSS. Given the current state of markets I hav yet not started my SIP since the funds r giving -ive returns. Instead i m putting this amt of Rs8000 vry month into a FD of 30 days so when the markets r a bit more stable i can invest the enitre amount lump sum in the selected MF. Since I m doing this a part of tax planning, I would make that investment by Jan-Feb\\\\`08 & by then markets should be performing better.
Is this a good strategy or you suggest I start off with SIPs right away.
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