Friday, May 30, 2008

Investment Advise

Mr. Khilji, asked "I have 100K at the moment on hand, and hopefully, won\\`t need it untill April-2009.
Please suggest me, where to park this?"

Srikanth Shankar Matrubai replied ::: "Khilji, I feel Arbitrage Funds is the answer. Go for it, you will get a definite 8% and maybe if you are lucky, the returns could go upto 11%. And if you hold them for more than 1 year, you will not have to pay any taxes.""

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