Investment tips for Dia Mirza: Here is what Market Guru Anil Singhvi told actress to do

Dia Mirza is an actor and a producer. She has garnered much acclaim for her performances. She is also a Goodwill Ambassador to UN on Environment besides being associated with WildLife Trust of India, Save The Children and Swachh Bharat Mission. Her career has been a successful one and for the finer aspects of her financial life, Dia turned Market Guru Zee Business Managing Editor Anil Singhvi for investment tips. 

Dia said that while growing up she was told that fixed deposits are good investments but with interest rates of banks dropping precipitously, in today's economic environment what would be the best investment to make?

Answering to Dia Mirza's question, Singhvi suggested that if she wants to invest in FDs then she should go for it immediately as interest rates will go down from October 4 onwards. He, however, suggested that apart from FDs she can opt for other options of investment.

According to him, if she goes for investment in Debt Mutual funds, she will get more tax adjusted returns in comparison with fixed deposits. Anil Singhvi told her that among several options, she can invest in Bond funds, where with slight risk she can get double digit returns in 3 years. With decreasing NAVs, bond funds are increasing, therefore, she can do SIP for 12 to 24 months or can go with one time investment.

"If taking risk is not an option, Dia should choose Gild funds, where risk is almost zero," Singhvi added.

Singhvi also told her, "If you are ready to take risk, invest in equity mutual funds, opting for some good mid-cap funds, with an SIP for 12 to 24 months. Of your total investment, spare only 5% and you will realise in some time that you took a right decision of making investment in equity."

Earlier, Anil Singhvi also gave tips to Bollywood diva and famous actress Sonakshi Sinha, who wanted to buy a house for herself and she asked for a solution, saying "Being an actor, I would love to have a house of my own. So, what is the best way to invest in property? Where else should I invest?"

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Singhvi suggested, "Invest in housing property, only if you want to live in it. As far as buying a property for investment is concerned, don't consider a house as an investment option right now. However, if you are etermined to go ahead with property investment, then do that in a commercial property."