Offline
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
You are here : Moneycontrol  MMB Personal Finance |
| The latest messages in different topics under Personal Finance are displayed on this page |
Personal Finance
Tracked by: 3 Boarders
Your strategy is good and that won`t increase your funds, if you decide to change funds for SIP after every year, depending on their performance. You can start SIP in new funds, you can switch through STP from your old funds to these new funds. That way, number of funds will almost remain same.
Regarding Lump-Sum investment, it can`t be said, that you should go for it even now, because markets can`t be timed. Although, some experts are saying that market is close to bottom, but this thing they have been saying since market started downfall in January-2008. They said the same thing, when market touched 17K, 16K, 15K and so on. Every time they said that market have reached the bottom, market proved them wrong. Having said that, market can`t go too much down from here.
In fact, you can start weekly SIP in selected funds to take full advantage of current market....
In reply to:
Top 5 MFs to invest in Current Market
Posted by :
ashgoel
every year i start 10 SIPs of Rs 2000 for two year period into 5/4 star rated diversified funds. every third year, if i see that any of the funds have been moved to three star or lower category, i switch the amount to 4/5 star fund of the same family house. My outlook is for 20 years. Though this approach leads to increase in number of funds, but i am sure that most of the time, my money is invested in best of the funds.
Having said that, i have observed that SIP returns over last 5 years have been negligible.
What has gone wrong here? @ times, since my investment horizon is long, i tend to invest in lumpsome mode in top rated funds, but i have avoided that so far. Seems like now it is the time to invest in lumpsome over a period of next three months. Kindly suggest. 
Tracked by: 3 Boarders
every year i start 10 SIPs of Rs 2000 for two year period into 5/4 star rated diversified funds. every third year, if i see that any of the funds have been moved to three star or lower category, i switch the amount to 4/5 star fund of the same family house. My outlook is for 20 years. Though this approach leads to increase in number of funds, but i am sure that most of the time, my money is invested in best of the funds.
Having said that, i have observed that SIP returns over last 5 years have been negligible.
What has gone wrong here? @ times, since my investment horizon is long, i tend to invest in lumpsome mode in top rated funds, but i have avoided that so far. Seems like now it is the time to invest in lumpsome over a period of next three months. Kindly suggest....
In reply to:
Top 5 MFs to invest in Current Market
Posted by : nandarohit
Hi PCS Pune ji/ Other investment Gurus,
could you please help me in selecting Top 5 MFs to invest in Current Market?
Thanks in Advance.
Regards
Rohit Nanda
Tracked by: 0 Boarder
Subasu,
I am having 35Lakhs in one FD at 9.5% intrest, now state bank offers 11% interest. Since this FD was booked for 3 years if i break it now i will have to pay back some money as FDs less than 3 years only earned 8.5% interest...
Should i break it and put it in the 11% FD?
Thanks
Also i have so many insurance policies that mature in 2020 thereabouts.. do u think it would be foolish on my part to discnotinue them and claim the money for investment in stockmarkets? Woudl u advise. One of them is a pension plan whose instalment premium is 27K per year and notional cash option is 20L and amount of annuity is 2L.. how much pension will this give me from 2020? Would you know its Jeevan Dhara.. since it will only give me pension and not lump sum shall i discontinue it? If i continue what pension do i get.... thanks in advance....
In reply to:
Tax Saving ?
Posted by :
subasu
The NAV of tax saving mutual funds has fallen quite steeply. If you want returns around 10 to 15%, then go for tax saving mutual funds.
If you are conservative and want to protect your capital and still earn 8% interest, go for PPF.
Please do not seek other`s advice. Only you know your risk bearing capacity. If you want to play safe, invest the entire 70K in PPF.
If you would like to take moderate risks, put 40K in PPF and go for Tax Saving Mutual Funds for remaining 30K.
Tracked by: 0 Boarder
Is it safer to have deposit a/cs. Which is safer and recommended to have now , a savings bank a/c or FD(in banks like icici or ING vysya etc. Or is it wiser to withdraw and have liquid cash....
Tracked by: 0 Boarder
HI RANJAN,
thanks for your useful advice.,
Is it good to go for ULPP(Unit Linked Pension Plans)...
In reply to:
planning for good retirement
Posted by : RANJAN
Go for SIP in good performing, rated diversified equity funds .
You can also invest 20% in direct equity. Have a look at the top 10 holdings of good performing large cap funds. It will give you an idea in which scrips to invest. ELSS can play a major role in 80 C tax saving. PPF can play a minor role initially and play a major role in later years. Avoid any pension schemes.
Tracked by: 0 Boarder
As the market is volatile prefer to go through MF in stocks (SIP) for atleast 3 yrs time horizon. ...
Tracked by: 3 Boarders
Thanks to Mr. Ashal & Ranjan, Please explain what is weekly STP rout?
Thanks & Regards
s m naik...
In reply to:
Top 5 MFs to invest in Current Market
Posted by :
jadhav
It seems there are no good A scripts as of now. Better to go for only 2-3 large cap oriented funds and rest in bank FD`s which are giving around 10 percentage return. I agree with PCSPUNE and his view are more likely to get accepted by rest of the boarders.
My choice will be
1 FI Bluchip Fund ( 3 Star VR Rating but more than 10 years of History)
2 Magnum Contra ( 5 Star from VR, From Midcap to Largecap Transformation)
3 Sundaram Select Focus Or Fidelity Equity
4 Reliance Growth or Kotak Opportunity or Sundarma Select Midcap
Give allocation around 25% each and wait for better times for Indian Stock Market.
Tracked by: 0 Boarder
Analisis is ok , but which are the best Large cap funds ? and what is there performence? Please give it....
In reply to:
Stick to largecap over midcap funds
Posted by : MMB Messenger
In terms of performance, while largecap funds have on an average given about 23% returns over a three-year period, midcap funds have given just about 8%. So, the pick for investment would preferably be largecap funds at this point of time and not midcap funds.
Tracked by: 1 Boarder
Dear Ritul,
It is Expected that Large Cap Oriented Funds will Perform Better in Next 1-2 years.
Continue SIP in Following
HDFC Top 200
DSPML Top 100
ICICI Infra.
Discontinue SIP in Following
Reliance GROWTH
SBI Magnum CONTRA
HDFC Prudence
Start Fresh SIP in any 2-3 of Following
Kotak-30
Sundaram Select Focus
DWS Alpha Equity Fund
DSPML Equity
If you want Midcap Fund, IDFC Premier Equity is BEST Option, otherwise IDFC Imperial Equity is GOOD Option.
No need to Invest in Reliance Growth/ RSF Equity in Current Scenario.
You may Invest in Reliance Growth / RSF Equity after 1 year by SIP.
P.C. Sharma
...
In reply to:
re: my portfolio
Posted by : Mayekar
Dear Seniors/
I am having following portfolio of SIP MF
1. HDFC top 200
2 DSPML top 100
3 Reliance growth
4. Magnum Contra
5. HDFC prudence
6. Pru icici infrastructure
i am doing EQUAL amount SIP on multiple dates.
DSPML top 100 and magnum contra have replaced HDFC equity and Reliance vision( i stopped my sip in them after 2 yrs)
goal is to continue SIP for 3 more years .
following are my questions:
1. Should i chose a more aggressive large cap like sundaram select focus or K-30 instead of DSPML top 100 since i am already having a conservative large cap like HDFC top 200 in my portfolio
2 There is a strong temptation to chose Reliance regular savings equity fund instead of DSPML top 100 or another large cap. Reason being Reliance RSF has done better, as a fund it is still sitting on larger amounts of cash( so it can do better than others in coming period)
3 IF i chose reliance RSF i am afraid i will not have a large capo bias in my portfolio ( rel growth, Magnum contra, and Pru icici infr are not neccecarily large cap fund). Am i correct in assuming that i may not have a large cap bias by choosing relaince RSF instead of DSPML top 100
4.Ideally it would be better to have a multicap fund like DSPML equity in the portfolio . Instead i have chosen a contra fund like magnum contra. DSPML equity can still be added but then it will affect the balance of the portfolio. Pls comment
Seniors, pls guide
thank you
-Ritul
Tracked by: 3 Boarders
Dear arinshare
Your investment in HDFC Equity, HDFC Equity and ICICI Pru Infra is ok, but I wont recommend further investment in Rel Vision just to average out the cost. If a fund itself is not performing there is no point in investing just to average out the cost. After all you have other better alternatives to invest.
Regds
Ashport...
In reply to:
Top 5 MFs to invest in Current Market
Posted by : arinshare
Today (Sensex 10527.85, fall 800.51)on 10th Oct 2008 I have invested in HDFC Equity Rs. 2000 and ICICI pru Infrastructure Rs. 700 through their websites in order to have lowering average value. Am I wrong for investment in this scenario? If fall continues, my next target to invest in HDFC TOP 200 and Reliance Vision just to lower average cost. Since I started invested in all these funds in 2007 through SIP when sensex was at peak. Comments are solicited.
Tracked by: 3 Boarders
Dear Guest
You can remain invested in DSPML TIGER but dont invest further in this fund in these times of volatility.
Regds
Ashport...
In reply to:
Top 5 MFs to invest in Current Market
Posted by : Guest
Do you suggest to redeem all my holding in TIGER fund Or safe to keep them and watch the performance?
Thanks..
Tracked by: 0 Boarder
Dear All
The avg return of Equity Diversified funds for last 1 yr is -35.09%( yes it is -35.09%, you read it right, as on 08.10.08, source VROL). But even for a longer time horizon of 3 yrs, the avg return of Eq Div Funds are only 6.3 % ( as on 08.10.08, source VROL). So a bank FD for over 3 yr period ( even post tax returns)certainly scores over Equity Div Fund in this case.And in case if u had invested in Franklin India Prima Fund 3 yrs ago ur return would have been -4.19%( remember Fr India Prima was one of the most recommended fund among mid cap segment 3 yrs ago). This is why I always suggest people to invest in Eq Funds for more than 5 yrs horizon.For 2-3 yrs horizon, better to go for FMP or even bank FDs to keep things simpler.
Here are the 3 yrs avg return for various categorys as on 08.10.08
Hybrid: Equity-oriented 6.89
Equity: Diversified 6.30
Equity: Tax Planning 4.01
Equity: FMCG 3.21
Equity: Pharma 1.84
Equity: Technology -2.46
Equity: Auto -8.10
Regds
Ashport
...
Tracked by: 3 Boarders
Today (Sensex 10527.85, fall 800.51)on 10th Oct 2008 I have invested in HDFC Equity Rs. 2000 and ICICI pru Infrastructure Rs. 700 through their websites in order to have lowering average value. Am I wrong for investment in this scenario? If fall continues, my next target to invest in HDFC TOP 200 and Reliance Vision just to lower average cost. Since I started invested in all these funds in 2007 through SIP when sensex was at peak. Comments are solicited....
In reply to:
Top 5 MFs to invest in Current Market
Posted by : Guest
Do you suggest to redeem all my holding in TIGER fund Or safe to keep them and watch the performance?
Thanks..
We want to show a Absolute Returns Of every Company From January 2005 to october 2008...
Tracked by: 0 Boarder
I have read that Liquid funds are subject to capital risk, though practically it has never happened till date.
Do you think in the current situations where many financial institutions are going bust, it is possible that liquid fund NAVs go negative?
Please advise!!!
...
More from Personal Finance
Poll
Udayan's Market Outlook
 |
Investors should stay in cash, not sell in panic | |
| ||
| Udayan Mukherjee, Stocks Editor, TV18 | ||
 |
Popular Boarders 7days| 267 | |
| 182 | |
| 142 | |
| 128 | |
| 116 | |
Top Tracked 7days| 707 | |
| 695 | |
| 571 | |
| 464 | |
| 437 | |
Prolific Boarders 7days| 387 | |
| 383 | |
| 317 | |
| 252 | |