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Personal Finance
Tracked by: 0 Boarder
I suggest only 2 of the best funds to u at present :
Reliance Regular Savings Equity
DWS Invest Oppurtunity
Make your planning simple n effective.
Put 1 lac in each through SIP as per your time frame.
But i think dividend will be paid yearly once only. Do check....
In reply to:
mf investment
Posted by :
vipinenator
want to invest 2,00,000 rs in high risk mutual fund for 5-8 yr.what is maximum return i can get.and i want to get dividend quarterly .which mf provide maximum return in india 
Tracked by: 0 Boarder
Sorry, I forgot to add the funds you should consider investing.
Birla Sunlife Equity Fund
DWS Opportunities Fund
JM Contra Fund
ICICI Dynamic fund
Lotus India Agile Fund
Mirae Asset India Opportunities fund
Reliance natural Resources Fund
sundaram Rural India Fund
these are all Aggressive Funds and should suit your risk profile. Do review your investment every 6 months or so.
Best of luck,
Srikanth...
In reply to:
mf investment
Posted by : vipinenator
want to invest 2,00,000 rs in high risk mutual fund for 5-8 yr.what is maximum return i can get.and i want to get dividend quarterly .which mf provide maximum return in india
Tracked by: 0 Boarder
Dear Vipinenator, you seem to be very aggresive investor, going by the query you have posted, here and in other posts.
To get 2,00,000 in 8 years, through sip investment at 21% rate of return, you need to invest 877 per month. And at a reasonable 18%, rate of return, you need to invest 993 per month.
Of course, if your investment is lumpsum, then the arthimatic changes dramatically.
To get the same 2,00,000 after 8 years, at 18% returns, you need to invest in a lumpsum a amount of Rs.53208!!!
Even assuming a return of 21%, you need to invest Rs.43526 as a lumpsum.
so, it is always advantageous to go for sip.
BEst of luck,
Srikanth shankar matrubai...
In reply to:
mf investment
Posted by : vipinenator
want to invest 2,00,000 rs in high risk mutual fund for 5-8 yr.what is maximum return i can get.and i want to get dividend quarterly .which mf provide maximum return in india
Tracked by: 0 Boarder
Dear Babani,
At 38 years, and 3 year time horizon, your risk profile is minimal, you are better off investing in Large Cap Funds and Diversified Equity funds. Instead of investing 10000 in Personal Tax Saver, you could have invested in Large Cap Fund. Instead in Tax Funds only to save your Tax Liability.
Also, you are better off investing through SIPs instead of lumpsum. SIPs are easy on pocket and also serve you better. Even of sip of 100 is available in Reliance and Lotus Mutual funds.
For your 30000, you can consider investing in
Birla sunlife Frontline Equity Fund
DSPML Top 100 fund
Fidelity Equity Fund
HDFC Prudence Fund
HDFC Top 200 fund
Sundaram Select Focus Fund
I have given 6 funds, invest 5000 equally in them. Route all your future investments in these funds only. Have a focussed portfolio and do not become a "Fund collector".
Also, Ashport has , as usual, given good advise. Follow him. You will make good money.
Preferably, invest through sips.
Best of luck,
Srikanth Shankar Matrubai
...
In reply to:
mf investment help
Posted by : babani
i am interested in investing around rs 30000/- in mututual fund for a minimum period of 3 years and above.
kindly suggest me the mutual funds in which i should invest and in what ratio.
if possible , can you let me know a tentative value of rs 30000/- after 03 years .
regards
babani
Tracked by: 1 Boarder
Dear Guest,
Your choice of Sundaram Tax Saver Fund is a very good one. But investing all your investment amount in One Fund or One Fund House is not such a wise move. Besides Sundaram, you should also look at other Good funds. Some of them are
Birla sunlife Tax Relief 96 Fund
DSPML Tax Saver Fund
DWS Tax Saving fund
Fidelity Tax Advantage Fund
HDFC Tax Saver Fund
Lotus India Tax Plan
Principal Personal Tax Saver Fund
If you add, Sundaram Tax Saver Fund, totally there would be 8 funds. You can invest 1500pm in sundaram and 500pm in the other 7 funds.
Review your investment after 2 years.
Best of luck,
Srikanth shankar Matrubai...
In reply to:
Which is BEST ELSS
Posted by :
Guest
Hello,
I need to invest montholy SIP Rs 5000 in ELSS for tax lanning.
I have selected Sundaram BNP tax saver fund for the same.
Is the choice is right or not?
Please suggest.
Tracked by: 0 Boarder
Dear Guest,
For your age and time horizon, 100% equity exposure is warranted. Your risk profile also helps in the matter. With these consideration, I would recommend the following
1000 * 1 in Birla sunlife Equity fund (1000)
1000 * 1 in DWS Investment Opportunity Fund (1000)
500 * 1 in Fidelity International Opportunities fund (500)
500 * 1 in JM contra Fund (500)
500 * 1 in Lotus India Tax Plan (500)
250 * 2 in Relinace Growth fund (500)
250 * 2 in Reliance Natural Resources Fund (500)
500 * 1 in sundaram Select Focus Fund (500)
Take adequate Term Insurance for your security. You can invest your 20000 lumpsum in Debt Fund and go for an STP into a Large Cap Fund.
Best of luck,
Srikanth Shankar Matrubai...
In reply to:
help needed!!!!
Posted by : Guest
hi..i am 27yrs old n totally new to investing...i wld like to have your advice as which mutual funds and sip should i invest,in reference to the following points -
1) i can invest atlest Rs.5000 per month
2) i can invest Rs.20,000 per year
3)i have a long-time horizon
4) i can take risks
Tracked by: 0 Boarder
Dear Reddy,
At 18% returns CAGR, you would need to invest 12781 per month.
At 15% returns CAGR, you would need to invest 13338 per month.
At 21% returns CAGR, you would need to invest 12255 per month.
I hope you have also considered inflation while calculating your cost of house.
regards,
Srikanth Shankar Matrubai...
In reply to:
which mf is best for investing 5 years ho
Posted by : n_reddy02
where i need to invest my money for 3 years, i want to buy house after 3 years, i needed money about 6 laks
Tracked by: 0 Boarder
Dear Guest,
Good Question. Before answering, I would like to ask you, will you be disciplined to continue your investment for 24 years without break?. If yes, then you sure would go places.
Since your question is hypothetical, I too would have to answer hypothetically, as the returns would vary on a yearly basis, and if you consider an approx value, then the returns would be like this ::
Your 5000 per month for 24 months, your investment(your input value) would be Rs.14,40,000 and the returns would be
@12% returns === 75,42,143
@14% returns === 1,02,26,967
@16% returns === 1,39,26,119
@18% returns === 1,90,20,407
Your returns @18.35% would cross 2 crores. Just see the difference between 14% and 18%.
This small 4% difference would over a period of time result in a difference of MORE than 1 CRORE!!!
so, my advise is Go for Good Diversified Equity Funds and this would give the extra 4% returns.
Best of luck,
Srikanth Shankar Matrubai. ...
In reply to:
calculation of returns
Posted by : Guest
if i am investing rs 5000 per month for 24 yr.how much return should i calculate in my net value.
Tracked by: 0 Boarder
Dear Guest,
Kindly stop your sip in both the funds AT ONCE!!!!.
The both the funds have average performance to show, you can do better by investing in Good Diversified Equity Funds. While ICICI Pru Child Care Gift Fund is a Balanced Fund, ICICI emerging Fund is Mid-cap fund. I am sure both the funds would trail Diversified Equity Funds in return over a period of 5-6 years, which seem to be your time horizon.
Invest your monthly 1000 sip in the following funds for maximum returns.
250 * 2 in Reliance Growth Fund (500)
500 * 1 in Fidelity Equity Fund (500)
1000 * 1 in HDFC Top 200 fund (1000)
It would be good if you also switch your existing investment in ICICI Emerging Star to a Good Large Cap fund from the ICICI Stable like ICICI Focussed Equity Fund.
Best of luck,
Srikanth Shankar Matrubai.
...
In reply to:
MF Investment Mistakes
Posted by : Guest
I too have invested equally in the name of my son (age 13) and daughter (age 12) under advise from my broker. They are as follows:
-icicipru child care gift, purchase date may 2004, current market value Rs 248980, monthly sip Rs 1000 running now since jun 2005.
-icici emerging star, purchase date june 2005, current market value Rs 41773, monthly sip Rs 1000 running now since jun 2005.
Please advise what changes are required for the benefit of my childrens\\`s future.
Tracked by: 0 Boarder
Dear Sodium
I beg to differ with you on this. Tata Young Citizen Fund had been a good fund. But its performance for last 1 yr is far from satisfactory. And it has given below avg return as u can see below:
Time Period Fund return Category return
Year to Date -18.09 -5.83
1-Month 1.78 1.05
3-Month -1.88 0.27
1-Year -7.73 3.04
( Source VROL as on 31/08/08)
So it has given a yearly return of -7.73% much below the category avg of 3.04%. In fact it is not at all a conservative fund but by design it is an aggressive fund as it has been mandated to invest 50%in Equity and 50% in Debt, a dangerously high proposition in its category ie Debt oriented Hybrid Fund. Of course if u compare with an Equity Fund it will look like a conservative fund but comprasion should be apple to apple.And its Risk Grade and Return Grade ahre also HIGH and HIGH respectively as per VROL site( As on Aug 31 2008). it can be seen from its high Standard Deviation( 13.22) and low Sharpe ratio ( 0.44) also. In fact due to its recent poor performance it has been downgraded from 4 star to 3 star rating by VROL.
Regds
Ashport
...
In reply to:
MF Investment Mistakes
Posted by :
Sodium
Dear Ashport
TATA Young Citizen fund is one of the good funds with children specific theme and so far it is doing well - as per its design, conservative approach in investing.
Happy Investing
Take care
Sodium
Tracked by: 0 Boarder
Dear Guest
Immediately stop SIP in above two funds (as performance of both these funds are below avg) and start SIP in the following funds
DSPML Top 100....1000
Magnum Contra....500
HDFC Top 200.....500
i hv assumed these are your only investment as far as MF investments are concerned. After completion of 1 yr of your last SIP instalment you can switch over from ICICI Emerging Star Fund to ICICI Pru Dynamic Fund, a much better fund from the same fund house.
And once you complete 3 yr of holding period o last SIP instalment in ICICI Pru Child Care, better to exit from this fund also and invest in some other large cap fund.( Selection to be based on then performance) ...
In reply to:
MF Investment Mistakes
Posted by : Guest
I too have invested equally in the name of my son (age 13) and daughter (age 12) under advise from my broker. They are as follows:
-icicipru child care gift, purchase date may 2004, current market value Rs 248980, monthly sip Rs 1000 running now since jun 2005.
-icici emerging star, purchase date june 2005, current market value Rs 41773, monthly sip Rs 1000 running now since jun 2005.
Please advise what changes are required for the benefit of my childrens\\`s future.
Tracked by: 0 Boarder
every body want to capital increase or wealth building...
Tracked by: 0 Boarder
Whether themetic & gold fund will be better one for investment? or it wil be better to invest in normal equity scheme?
...
In reply to:
Will ICICI Pru SMART fund appeal to retail investors?
Posted by : MMB Messenger
ICICI Prudential SMART fund’s NFO opened on August 18 and will close on September 19. This is a kind of structured debt scheme and seeks to invest up to 95% in equity-linked debentures. Nilesh Shah, ICICI Pru believes that this product will find placement among the retail investors portfolio also.
Tracked by: 0 Boarder
ICICI Prudential SMART fund’s NFO opened on August 18 and will close on September 19. This is a kind of structured debt scheme and seeks to invest up to 95% in equity-linked debentures. Nilesh Shah, ICICI Pru believes that this product will find placement among the retail investors portfolio also. ...
Tracked by: 0 Boarder
Dear Sharmaji,
To be frank, as of now I still do not have a good EXIT strategy. Have not done much thinking on how long should one wait before getting out of a fund.
I do not like to churn my funds too much. I prefer staying invested and giving some time to my investments. I have stopped fresh SIP\\`s but am planning to stay invested in both JM Equity and HDFC Capital Builder for atleast another year before I decide to switch.
Thanks,
Raj...
In reply to:
MF Investment Mistakes
Posted by : pcspune
Dear vvrk,
I had also Invested in JM Equity & HDFC Taxsaver but Redeemed in Dec.2007 & April 2008.
There is no need to remain invested in POOR Performing Funds if their Performance continue below Average for more than 2-3 Quarters.
Among JM Funds JM CONTRA appears to be BETTER.
Among HDFC Funds HDFC GROWTH is BETTER.
Please Discontiue Further Investment & switch to better Performing Funds.
P.C.Sharma
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