nfo is similar to ipo only, if you apply during nfo you will be receiving the nfo at starting nav which is mostly 10rs, after listing of nfo on market you can start sip in the same at the listed price.
main problem is that even if you make profit, the broker and exchange charges will hurt you and deplete your capital. Better try paper trading if you have very low capital. After you have enough confidence then come to market with enough capital.
@nayanjadhav19 for a credit card there two crucial dates 1. bill generation date. 2. bill due date.
For eg if your bill generation date is 25th of the month then mostly the due date is 15 days after this(i.e.) by 10th of next month, if pay the full due amount before this date no ...
first settle your credit card debt, then your personal loan. It is never advisable to invest a loan amount. You should try to find an income source before you plan to start investment.
@mrbull57 give some realistic expectations of return (i.e) 10-15%, maybe in a bull run one will get this much return(29%), but for long term a return of 10-15% is realistic.
for 2yr horizon it is better to go for safer instruments like bonds, fd or debt mutual funds, return will be average but your capital will be protected
@mak007 but in your portfolio overlapping of stocks is more, because flexi cap and nifty and long term equity will have many stocks in common so the purpose of diversification is diminished