Best Funds to Buy

Should hold this Fund?

Posted by : ashalanshu

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Dear vdixit, Out of ur 10 funds, 4 funds belong to Sectoral/Thematic category. A bad choice. Normally these types of fund should not be more than 10% in any portfolio. Even for a very high risk taking investor, 15% max. is enough. In ur case it is 40% of ur portfolio.

I assume due to this sect./them/ heavy portfolio, u may be in loss, more than market level.

1)HDFC Equity growth switch it to HDFC Growth, which is performing better
2)Reliance Diverified Power sector continue
3)Reliance RSF growth continue
4)ICICI service industries growth switch to either HDFC Top 200 or DSP Top 100 for large cap fund as core of ur portfolio.
5)Reliance Equity oppurtunity growth switch it to DWS Inv. OPP.
6)Relaince Natural Switch it to Rel. Gr.
7)Sundaram CAPEX oppurtunies fund Switch it to Sund. select focus for large cap fund as core of ur portfolio.
8)DSP world Gold fund continue
9)Fiedility Tax advantage. Stop new SIP. For taxation purpose invest new SIP in Principal personal Tax saver or DWS tax saver (free ins. is an added advantage for DWS).
10)Magnum Global fund. switch to Contra.

Thanks

Ashal...

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Should hold this Fund?

Posted by : vdixit

Hello friend,
I am investing in most of the fund through SIP almost 10 K/Month. Now i want to know that should i continue my investment or change any fund.I have following fund.
1)HDFC Equity growth
2)Reliance Diverified Power sector
3)Reliance RSF growth
4)ICICI service industries growth
5)Reliance Equity oppurtunity growth
6)Relaince Natural
7)Sundaram CAPEX oppurtunies fund
8)DSP world Gold fund
9)Fiedility Tax advantage.
10)Magnum Global fund.

Please give suggestion is my investemnet is correct or not.

Should hold this Fund?

Posted by : vdixit

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Hello friend,
I am investing in most of the fund through SIP almost 10 K/Month. Now i want to know that should i continue my investment or change any fund.I have following fund.
1)HDFC Equity growth
2)Reliance Diverified Power sector
3)Reliance RSF growth
4)ICICI service industries growth
5)Reliance Equity oppurtunity growth
6)Relaince Natural
7)Sundaram CAPEX oppurtunies fund
8)DSP world Gold fund
9)Fiedility Tax advantage.
10)Magnum Global fund.

Please give suggestion is my investemnet is correct or not....

Need Advice to Invest 1 Lac

Posted by : Guest

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Invest in FD man if it for your MBA fee........think before investing not after........right........

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Need Advice to Invest 1 Lac

Posted by : ashalanshu

Dear aniruddha, as the time frame is limited to 8 months only & that too for specific purpose of ur MBA FEE, my advise is don't risk this money in Eq. MFs. As per ur requirement floating rate debts funds or FMPs of 6-9 months tenure 'll be a better choice.

For floating rate funds plz. select from following list.

1. Kotal Floater - LTP
2. HDFC FRIF - LTF
3. Birla Floating rate - LTP
4. HSBC FRF - LTP Regular

By the time u 'll withdraw this amount in april 2009, u 'll be joining the MBA & hence no income 'll be there in that FY (2009-2010), so whatever gain on debt funds 'll be there on an investment, u may claim it tax free if u don't have any other source of taxable income.

Thanks

Ashal

Need Advice to Invest 1 Lac

Posted by : ashalanshu

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Dear aniruddha, as the time frame is limited to 8 months only & that too for specific purpose of ur MBA FEE, my advise is don't risk this money in Eq. MFs. As per ur requirement floating rate debts funds or FMPs of 6-9 months tenure 'll be a better choice.

For floating rate funds plz. select from following list.

1. Kotal Floater - LTP
2. HDFC FRIF - LTF
3. Birla Floating rate - LTP
4. HSBC FRF - LTP Regular

By the time u 'll withdraw this amount in april 2009, u 'll be joining the MBA & hence no income 'll be there in that FY (2009-2010), so whatever gain on debt funds 'll be there on an investment, u may claim it tax free if u don't have any other source of taxable income.

Thanks

Ashal ...

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Need Advice to Invest 1 Lac

Posted by : Guest

Hello,

I am Aniruddha. My age is 23. I am working in S/w Industry. I am planning to pursue post graduation (MBA) in July-2009. Presently I am having cash of 1 lac & I want to invest it & get it back in April-09 (8 Months) for my education. What will be the best investment instrument for it.
I have shares of RNRL,Dabur Pharma, RPL, Reliance power. I purchased it in last Oct-2007 for the period of min 3 years (Long Term Investment) . At that time market was at top. Now It is down & share prices are now half. I would like to know that , Is it a good time to reinvest in these shares to gain profit of \\\\\\\\

any one can help

Posted by : m_i_khilji

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Sundram select focus
HDFC Top 200
Reliance RSF
Reliance Growth
DWS Inv. Opp. Fund
Reliance Power sector Fund
SBI Contra
ICICI Infra...

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any one can help

Posted by : pyaraharsh

1. Kotak 30 15%
2. Sundram select focus 15%
3. HDFC Top 200 15%
4. HSBC Equity 15%
5. Reliance RSF 10%
6. Reliance Growth 10%
7. DWS Inv. Opp. Fund 10%
8. Reliance Power sector Fund 10%

BEST FUND 4 SIP

Posted by : m_i_khilji

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1 - Reliance Growth
2 - Sundaram Select Focus
3 - ICICI Infra
4 - Birla Sunlife Frontline Equity...

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BEST FUND 4 SIP

Posted by : pyaraharsh

You can choose some large cap fund like Kotak30, DSP ML Top100, HSBC Equity or Sundram select focus

Diversified Equity Funds - Your Best Bet

Posted by : ashport

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Dear vindee SBI Contra and Magnum Contra are the same fund.

Regds

Ashport...

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Diversified Equity Funds - Your Best Bet

Posted by : vindee

Add HDFC Growth and SBI Contra in this list

BEST FUND 4 SIP

Posted by : pyaraharsh

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You can choose some large cap fund like Kotak30, DSP ML Top100, HSBC Equity or Sundram select focus...

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BEST FUND 4 SIP

Posted by : arinshare

I am finally taking the plunge and zeroing in on MF Investment through Quarterly SIP Rs. 500 in three schemes. That results in my investment Rs. 500 every month.
My choice in line with the condition - Quarterly SIP Rs. 500 is mentioned below.

Templeton India Income (G)- Say September, December
Franklin Templeton Prima Plus - Say October,January

I am looking for the third MF name who allows Quarterly SIP Rs. 500. Please help me get that name and if any new view you have, please share with me.

any one can help

Posted by : pyaraharsh

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1. Kotak 30 15%
2. Sundram select focus 15%
3. HDFC Top 200 15%
4. HSBC Equity 15%
5. Reliance RSF 10%
6. Reliance Growth 10%
7. DWS Inv. Opp. Fund 10%
8. Reliance Power sector Fund 10% ...

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any one can help

Posted by : share..khoj

for which fund to buy

GIVE SOME ADVICE

Posted by : pyaraharsh

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Hi yalini04,

In the present market senario, avoid intrest sensitive setcors like banking, retail, auto and in my opinion Pharama, consumer goods are good pick, also if rupee goes down IT will be pick for short terms...

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GIVE SOME ADVICE

Posted by : yalini04

In the market which sector is benefit then other sector tell some of the stocks to invest in this market

Need Advice to Invest 1 Lac

Posted by : Guest

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Hello,

I am Aniruddha. My age is 23. I am working in S/w Industry. I am planning to pursue post graduation (MBA) in July-2009. Presently I am having cash of 1 lac & I want to invest it & get it back in April-09 (8 Months) for my education. What will be the best investment instrument for it.
I have shares of RNRL,Dabur Pharma, RPL, Reliance power. I purchased it in last Oct-2007 for the period of min 3 years (Long Term Investment) . At that time market was at top. Now It is down & share prices are now half. I would like to know that , Is it a good time to reinvest in these shares to gain profit of \\\\\\\\...

Investment Ideas

Posted by : kentmss

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Dear Iyer,
Your expectation of 30% annual returns is difficult to digest in best of times. And these are not the best of times. You have to temper your expection. And for 30%, you say you can take moderate risk. My, My.

I think you are asking this question in the wrong forum. Mutual Funds are not for short term. Yes, you have a 5 year horizon, which is good. But still 30% annual return is little too much even for the best of the funds to generate on a continuous basis.
If you are expecting a reasonable return of say 15 to 18% than the following funds can make a good choice for you.

Birla sunlife Equity Fund
DSPML Tiger Fund
DWS Investment Opportunities Fund
JM Contra fund
Kotak opportunity fund
Lotus India Agile Fund
Reliance Growth fund
SBI commmodities fund
Sundaram Rural India Fund
Mirae Asset India Opportunities Fund

These are all good funds with a little bit of volatility, and over a period of 5 years or so can give you above average returns. But 30% annual, maybe Mutual Funds are not for you.

regards,
Srikanth Shankar matrubai...

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Investment Ideas

Posted by : iyert2000

I have Rs.5 lacs available to invest. I expect an annual return of upwards of 30%. Can stay invested for 5+yrs. Can take moderate risk. Please advice.

GIVE SOME ADVICE

Posted by : yalini04

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In the market which sector is benefit then other sector tell some of the stocks to invest in this market...

BEST FUND 4 SIP

Posted by : kentmss

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Dear nashir,
Please, please avoid sector funds. They tend to perform only when that particular sector is doing well, at other times, they stagnate and underperform for long periods of time. You are better off investing in Diversified Equity Funds. These funds either way do invest in sectors where they see potential.
I had written a separate message on "Avoid Sector Funds" which you can find from my homepage or better visit my blog goodfundadvisor dot blogspot dot com and find out yourself.

Regarding your choice of funds, they are good at face value, but still I would avoid Reliance Power Diversified Sector fund and would rather have you invest in Reliance growth Fund.
Otherwise, your choice of funds do look good and you can invest in the same.
Regards,
Srikanth Shankar matrubai
...

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BEST FUND 4 SIP

Posted by : nashir

I started with SIP in following fund.It is correct or not?
1 SBI CONTRA
2.HSBC Equity
3.REL.POWER DIV.
4.ICICI INFRA.
5. BIRLA TAX'96

Why not to invest in Reliance Sip Insure?

Posted by : kentmss

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Reproducing here is an excellent article I picked while browsing. Read it....

Listed below are reasons why you should not invest in Reliance SIP+Insure.

7 Reasons for not investing in Reliance SIP+Insure Plan.

1] The type of Insurance is Group Insurance Policy. The cheapest and easiest form of insurance policy available with any insurance company.

2] Only the 1st Holder is insured. So, in case, a couple subscribes to SIP +Insure then only one person can avail of the insurance benefits.

3] The Sum Assured, in case of death is not paid to the nominee, but shall go back to the scheme of the AMC(Reliance Asset Management Company). Remember, the scheme benfits more than the dependents of the deceased in case of death of the holder.

4] Huge exit load of 2% for discontinued SIP. If you agree to pay your SIP for 11 yrs but pay only for 10 long and tiring yrs, still the scheme charges you 2% for the remaining 1 yr which you do not wish to continue.

5] No insurance upto 90 days (exception to it is accident cases only) , i.e 3 months. In case of death within 3 months, except of accidental deaths, the scheme shall not pay the dependents a penny.

6] The dependents will end up paying the scheme 2% back if the death occurs within 3 months due to reasons other than accidental death.

7] Minimum period of investment is 3 yrs and Rs 2,000 for each installment, i.e totalling to Rs 36,000 for Group insurance worth less than 10 lacs.

There are group insurance polices availables at a very low costs, which can be availed of for insurance requirements. Insurance worth of Rs 10 lacs may or may not be sufficient for your entire family’s needs.

The Exit loads are relatively very high even if investor is paying his SIP for a long period, if he discontinues even 1 day prior, he ends up paying 2% Exit loads.


That\'s precisely the reason, that If my clients comes to me for an Insurance combo, I recommend him to Birla Sunlife Century Sip or DWS Tax Saving Fund, both of which offer Free Life Insurance without the extra conditions imposed by Reliance. ...