New Fund Offers (NFOs)

FMP

Posted by : moiz

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Scheme Name
Close Date

DBS Chola Fixed Maturity Plan - Series 11(13 Months) - Ret - Dividend
Aug 28, 2008
DBS Chola Fixed Maturity Plan - Series 11(13 Months) - Ret - Growth
Aug 28, 2008
Lotus India Long Term FMP - Series I - Plan A - Retail - Dividend
Aug 29, 2008
Lotus India Long Term FMP - Series I - Plan A - Retail - Growth
Aug 29, 2008
Birla Sun Life Fixed Term Plan - Series BB - Retail - Dividend
Aug 29, 2008
Birla Sun Life Fixed Term Plan - Series BB - Retail - Growth
Aug 29, 2008
SBI Magnum Debt Fund Series - 370 Days - Aug 08 - Ret - Dividend
Sep 1, 2008
SBI Magnum Debt Fund Series - 370 Days - Aug 08 - Ret - Growth
Sep 1, 2008
Templeton Fixed Horizon Fund - Series XI - Plan B - Retail - Dividend
Sep 1, 2008
Templeton Fixed Horizon Fund - Series XI - Plan B - Retail - Growth
Sep 1, 2008

HDFC Fixed Maturity Plan - 90D - Aug 2008 (9) - 4 - Retail - Dividend
Sep 1, 2008
HDFC Fixed Maturity Plan - 90D - Aug 2008 (9) - 4 - Retail - Growth
Sep 1, 2008

Lotus India Fixed Maturity Plan - 375 Days - Series XVI - Retail - Dividend
Sep 2, 2008
Lotus India Fixed Maturity Plan - 375 Days - Series XVI - Retail - Growth
Sep 2, 2008
DWS Fixed Term Fund - Series 59 - Regular - Dividend
Sep 4, 2008
DWS Fixed Term Fund - Series 59 - Regular - Growth
Sep 4, 2008
Kotak Fixed Maturity Plan - 6 Months - Series 7 - Dividend
Sep 4, 2008
Kotak Fixed Maturity Plan - 6 Months - Series 7 - Growth
Sep 4, 2008
...

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FMP

Posted by : sxd213

Anyone can point to any new FMP being released for 3-6 months timeframe?

gold fund

Posted by : malini123

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is it good to invest in gold fund right now which is the good gold fund at present...

JP Morgan Alpha Fund - NFO

Posted by : kentmss

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‘Too many cooks spoil the broth’ is an old saying that holds true today as well. Incidents of too many people worsening a situation have had the saying being repeated again and again. And that’s something that the fund managers of the JP Morgan India Alpha Fund have to try and not prove true. Why? Because the said fund has not one, not even two, but four fund managers – Mr. Harshad Patwardhan and Mr. Amit Gadgil to look after the equity component of the scheme and Mr. Nand Kumar Surti and Mr. Namdev Chogule to manage the debt portion.

And that’s not the only thing ‘different’ about the fund. An equity-oriented fund, JP Morgan India Alpha, has a unique strategy of aiming to wipe off market risks by adopting various market neutral strategies. Confused? Here’s how the strategy works… The strategy the fund will adopt is one that is being used by hedge funds. A market neutral strategy is one where the fund manager takes a long position (buy) and a short position (sell) at the same time. The idea is to generate returns over and above the market returns through superior stock selection skills and thus, reducing the market risk to nearly zero.

For example, if we look at the current hike in oil prices, it is beneficial for the oil companies but is not good for the airline industry. If the fund manager believes that the oil price hike would continue, he would buy the shares of an oil company and short sell the shares of an airline company, thus giving rise to two situations. The first situation is when the oil prices go upward and the market goes up, the oil companies would benefit from the strong market sentiments and strong oil prices. The second situation is when the oil prices start falling or a market situation indicates the decline in the oil prices, then the fund manager will close out the trade and thus the market neutral strategy is safely used.

But the success of this strategy lies in the competence of the fund manager and whether or not he is able to rightly capture the correlation and risk factors. Any incorrect estimation by the fund manager may lead to heavy losses. Although JP Morgan Asset Management Company has a considerable experience in handling similar funds globally, whether their experience would succeed to be a key factor in taking the Indian investors into confidence remains to be seen.

The scheme is an interval scheme that opens for sale and repurchase of units at fixed intervals.
Source : Value Research

I for one, feel that this could give a return of just about 10%, so investment is not recommended for long term. Much better to stay put and watch the fund\'s performance for about 6 months or so, and then take a call.
Regards,
Srikanth Shankar Matrubai...

FMP

Posted by : cooljunkie

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SBI has come out with 90 days FMP and indicative yield is 10.45 %. jus check with ur mutual fund guy....

In reply to:

FMP

Posted by : sxd213

Anyone can point to any new FMP being released for 3-6 months timeframe?

FMP

Posted by : sxd213

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Anyone can point to any new FMP being released for 3-6 months timeframe?...