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Investing 40,000 with no knowledge: Stocks or Mutual Funds?

Milind Vadjikar |1182 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Apr 13, 2025

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more

Question by Amit on Apr 13, 2025Hindi

Money

Hello Milind Sir, Good Afternoon, First & foremost, please accept my apologies for such an ignorant & foolish question. Please refrain from passing judgment on me. Sir, I have no stock market, MF, Intra day or Fixed Deposit verticals knowledge on a personal level? I do not have lakhs or crores of rupees in my bank account. Having said that, I have INR 40,000 in a savings account that I would like to invest. What am I supposed to do now? Should I learn about the stock market or put it in mutual funds? Thankyou For Your Time.

Ans: Hello;

First of all remove inferiority complex from your mind.

You are as much a friend as all other answer seekers are!

Normally we seek inputs like your age, time horizon for investment, purpose of investment, you risk appetite and financial profile before advising on the type of investment.

Most people who don't have time, knowledge and temperament for stock trading should avoid doing so directly.

You may invest it in a balanced advantage type mutual fund for 5 year horizon. You may select any fund from the top performance quartile in this category.

Also NPS is desirable for retirement planning.

Best wishes;

Asked on - Apr 13, 2025 | Answered on Apr 13, 2025

Noted with thanks

Ans: Welcome!!

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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