Classic Is In

Models and designers, strutting with whatever is latest, tilt towards the traditional when it comes to investing their money. They are hot on the ever-reliable real estate, the iron-clad ppf but tread the path of equity with great caution.

I have invested my money in a number of areas because I don't believe in putting all eggs in one basket. I have thus invested in mutual funds, Public Provident Fund (PPF) and National Savings Certificate (NSC). I recently also invested in equity shares which are riskier than mutual funds but then the returns are higher.

I have also bought some property on the outskirts of Mumbai. I believe this is a great investment as I can sell it whenever prices appreciate and then buy property elsewhere. I also have Mediclaim and life insurance. Apart from these, I have put a lot of my money in fixed deposits because they are pretty safe.

SAHIL SHROFF
Model

A friend of mine owns a share brokerage firm and so I invest a lot of my money in shares. He does everything for me. Although the share market is risky business, I invest in it because the gains are quicker and higher.

Also, I take care to buy shares of only well-known companies so that the risk factor is reduced. I have also put my money in fixed deposits because they are safe.

NEETA LULLA
Designer

Being a creative person, most of my finances are taken care of by my chartered accountant and my husband. But I do invest in property because prices always appreciate. I tend to buy property in the city because it's accessible. So when I'm buying a place to open my store, that's also an investment. Apart from this, I do invest some money in mutual funds.

MUZAMMIL IBRAHIM
Model

I invest a lot of my money in property. In fact, I recently bought a 900-sq-ft flat in Lokhandwala in Mumbai. And I don't invest in property only in Mumbai, but in other parts of the country as well-like Jammu-which we think would be beneficial in the future. My father is in the construction business and he advises us on which property to put our money on. I have never thought of investing in shares or mutual funds. However, I may do so in future.

-Compiled by Jhilmil Motihar

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