The Bombay Stock Exchange's SENSEX was started in 1979 with 100 points & it is right now at 13500. Sensex has delivered 20% annualized return in last 29 years even after a 3 Wars. Assassination of 2 Prime Ministers, 2 major financial scandals and slow economy of just 6% GDP, Good FII inflow & strong BPO industry, solid Infrastructure development & Full order book of Indian Corporate. Now we can assume that futhre 29 years will defiantly be better then last 29 years. U MUST INVEST IN FUTURE INDIA THROUGH INVESTING INTO EQUITY MUTUAL FUDND SCHEMES.
MUTUAL FUND is safest way to invest in Stock Market as it gives Easy Liquidity, Proper Portfolio Diversification, Professional Management & TAXSAVING also (in ELSS only) with very Low Risk
Reliance Growth Fund was started in 1995 with NAV of Rs. 10/- and right now it is at 435/-