Amgad replied on Thursday, August 19, 2010 04:35 PM
Dear Amir,
I can only suggest you to purchase shares of PPFL mutual fund of Arif Habib Investment to get very high profit, capital gains and dividends. Property is not more giving good returns. I read in the article that people have gained and lost heavily in realestate and stocks. The shares of individual companies may be risky and can gain or loose, but there is very low risk in the mutual funds. The annual return in the mutual funds is between 25-30% as per report of MCB AMC website.
The example is that one of my friend purchased 100,000 share of PPFL 8 months agao with price of Rs. per share 2x100,000 = Total investment 2 lacs, today rate of PPFL is Rs. 9, so he gained Rs. 7 lacs with his 2 lacs investment within 8 months and he will also get next month dividend @ 1.86 per share. So I do not think any better investment than this. I mentioned above because I am also searching a venue to invest other than realestate and found that only mutual funds can give good returns, better than NSS and Bank deposits.
May be other experts can guide you more where to invest but I could not find anything else than mutual funds. It will be helpful for others if those people, who are dealing with mutual funds, to mention here that either they are gaining or loosing, so others could get benefits. They may tell some other good funds as well. We all should help and advice those who need.
Regards |
