Lux Investing
Please guide me to invest in commodities Mutual fund in India?
I am an NRI and am interested in investing in commodities Mutual Funds in India. Since i have heard that the returns in this market is very good. Please guide me as to whom should i contact to select the best possible way to invest in commodities. Thank you in advance.
Public Comments
- You can download the mutual fund guide from the link below. This will give you a clear picture of investing in mutual funds in India http://firstappeal.com/view_topic.php?id=865&forum_id=12&highlight=mutual+fund
- it is not a right time to invest. USD value is falling drastically - if you invest now, and repartiate later, whatever gain you get now will be eaten away when Dollar gets correct valuation. USA is a large economy it will recover faster than other economies. to day's trend is investment in USA will give excellent result after 9 to 12 months. you are interested in commodities and MF for that you need not invest in cross countries. same (or better opportunities) are available in the country where you live. Indian market is over valued now - not attractive - stay away from Indian market.
- Commodities and mutual funds are different. Open NRI account in any bank having fascility.. www.sbi.com www.hdfcbank.com www.icicibank.com ... You can buy mutual funds on line For commodities open account www.icicidirect.com .. you can trade online
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