Blackrock investments are for high income investors
from Thailand. The funds performance over time
has been good. Suggest you contact the company
for more details.
What does "5000 INR" mean exactly?
As a US citizen I am unaware of that abbreviation. Please explain.
I'll be clear, I know nothing, to please be kind, I acknowledge my ignorance. So I recently saved 5000 INR and wanted to invest it for a short time instead of blowing it up on frivolous wants. My mother invest in this mutual fund called DSP Black Rock, so I looked them up and with my limited knowledge these seemed like nice schemes. But I'm here asking for an interpretation of these schemes for a layman.
1:http://www.dspblackrock.com/mutual-fund-products/fixed-income-schemes/short-term-funds.aspx
2:http://www.dspblackrock.com/mutual-fund-products/fixed-income-schemes/money-manager-fund.aspx
I have 5000 INR and I could manage to borrow a thousand more if the scheme requires it.
Which one is best for a short term investment?
What is the duration that they require my money for, when do I get it back?
What will I earn from this?
Thank you!
