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How to Benefit From Mutual Funds...

mutual-fundsA mutual fund is one of the many channels, available for earning money. However, there is a great risk involved in earning from mutual funds. The more money you invest the more is the risk. The risk involves as per your investment as the time frame for which you are investing.

However, if you invest in mutual funds in the correct way, then there are good chances for you to earn in the right way and earn well. There is a very little cost to start with. It is not necessary to invest in those big thousands. You can start your investment even with Rs.5000.

There are various types of funds that are at your disposal through which you can invest and earn. Though mutual funds can vary some of them are technology stocks, blue-chip stocks, bonds and even shares. As a beginner, whichever fund may you choose, that is going to give you money.

If you have invested in open-ended schemes, you are guaranteed to get all you money back at net asset value related prices from the mutual fund itself. Therefore, you need not worry about the loss of your hard earned money. If you have to earn some good cash, mutual funds is what you should be looking at.

Top 5 Performing Mutual Funds in India...

Below is the list of top 5 mutual funds performing in India for week April 28th-May 2nd 2008:

Rank Fund Name NAV (Rs.) % Return as on NAV date
1 JM Telecom Sector Fund – Growth 11.9551 3.2223
2 JM Telecom Sector Fund – Dividend 11.956 3.222
3 SBI Magnum Equity Fund – Growth 35.51 2.9574
4 SBI Magnum Equity Fund – Dividend 31.21 2.9354
5 Franklin Asian Equity Fund – Dividend 9.6758 2.8673