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suggest me which demat account is good  RSS feed

 
Ranch Hand
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Hi Ranchers

I am thinking to get into business from this IPO.shares and mutual funds.Can you people suggest me, which demate account will be good ...


I have account with citibank and i am planing to open citibank demat acc.what is ur suggestion regarding this.Is citibank demat acc has all functionalities.

By opening citibank demat acc can i use India Bulls,Sharken Brokerage.or should i have to use seperate demat acc.

everymonth i can save 3000 rs which would be good option to invest ie either IPO,Mutual Fund or Shares.i am 21 years old

i can spend 2hrs daily on investments information.

plz guide me

Thanks.
 
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First let me ask you do you think your query related to Jobs Discussion?

I heard ICICI Demat is good. Not sure about Citibank but, their charges are high.

If you can save Rs 3000/- per month you can spend some amount in Mutual Funds SIP(Systematic Investment Plan)
 
rashmi choudhary
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Hi KJ Reddy & Ranchers


I am sorry to post in Job Discussions.can ranch moderators plz transfer to meaningless drivel or lock the thread as u wish.

Thanku KJ Reddy for ur response even i did not post in correct forum
 
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This question isn't meaningless. MD won't be a right choice for this question. If this question has to be posted in JR then this forum is the only choice I feel.
I have seen questions over good books for GMAT etc. been entertained here, which actually aren't directly job related.


Probably, Mark or other moderators can clarify more on this.
 
Kj Reddy
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Originally posted by rashmi choudhary:
Hi KJ Reddy & Ranchers


I am sorry to post in Job Discussions.can ranch moderators plz transfer to meaningless drivel or lock the thread as u wish.

Thanku KJ Reddy for ur response even i did not post in correct forum



You can find more info about investments here: http://us.rediff.com/getahead/money.htm

All the columns in above link suggest Mutual Funds with SIP. According them the average returns varies from 20 to 40%. Even you have Tax saving MFs also.
 
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Since the market is a all time high (yeah it is down today ) investing in mutual funds would be good. ICICI Direct allows you apply online for IPO which I dont think Citibank does. My experience with kotak hasn't been better so ICICI could be best bet. Having said that all indian trading sites are slow particulary providing online IPO and mutual fund facilties. HDFC securities is good but does not provide online facility for IPO.
 
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