Originally posted by joslinjose9 hi, i have a home loan of 24 lakhs with hdfc.i have 5 lakhs as cash in hand.i am in a confused state wheather to repay the loan or invest in equity.i request TED members to share their views.waiting for reply.

Loans achche hai.. rehene do, for tax purpose.

I believe every Rs.100 prepaid, is a lost of investing opportunity. By prepaying you will save 10% of interest. but 30% tax saving (whatever your tax bracket is) of that amount you are loosing. In addition, the prepaid amount can earn good long term returns if invested in the market.

Hi everybody

I have been an avid reader of this forum for some time now and really appreciate the knowledge and thought process of the contributors in this forum.

I need a little help from the experienced people out here. My mother is about to retire and has a retirement corpus to be used for investment purpose.
Can you help me out on how to go about this. The following points have to be considered:
1. Parents are low risk ppl, so as less exposure to equities and higher exposure to debt funds.
2. Investing in FDs and PF has already been done, so the remaining money has to be invested.
3. Since no more income now, should I include some funds which will give them monthly returns to be used for their everyday usage.

Thanks

Edited by pkumar - 22/Jul/2010 at 3:55pm

@genieinvestor sorry. i dont have a good answer for your original query
As for MIP, I am happy with HDFC MIP.  I think Reliance MIP is also good (I have not invested in Reliance MIP).