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Moneycontrol >> Messageboard >> Personal Finance >> MF Investment Help
   You are here :     Moneycontrol     MMB   Personal Finance   MF Investment Help

MF Investment Help

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03 Oct 2008 23:07

Dear zapper, ur idea is interesting & have a merit in it. I`m ready for the same in my city - AHMEDABAD. The boarders who r from A`bad may contact me on my e-mail id (given on my home page).

Let us exchange our thoughts in a personal meeting. I`m open to the idea. Let others decide.

Thanks

Ashal...

In reply to:

COFFEE MEETINGS

Posted by : zapper

Dear Boarders,

I would like to propose an idea. We all come here to get and give some help and suggestions. Why don`t we come up (sometime) in respective cities for a cup of coffee or so and exchange investment ideas/ suggestions/advise or discuss current global economic situation and then post minutes of the meeting on the board and let others learn.

Please give your comments on this.

Wishes
zapper

03 Oct 2008 17:38

FMPs are available for very short periods. How do i judge on whether I should invest in the particular fund?...

In reply to:

Should you sell your investments in DSP Merrill Lynch MF?

Posted by : MMB Messenger

If there is one emotion ruling the Indian financial markets right now, it is almost certainly ‘fear’. Thanks to the Lehmans and the Merrill Lynchs, there is fear of losing contracts, losing jobs and above all, of losing money. And that’s exactly the sentiment ruling the investing community right now.

03 Oct 2008 16:59

If you are investing directly at AMC or CAMS - take your original PAN card with you and sign on the xerox copy. They will attest it after comparing with the original and return it to you. If you are investing through a broker - he will attest the xerox copy.

Regarding SIP 60 instalments -
When you are investing in any fund - the minimum amount is Rs 5000 initially if it is lumpsum. If it is SIP for 1 year - it is Rs 500 x 12 = Rs 6000. For some funds the minimum SIP is Rs 1000 for 6 months. For Reliance it is Rs 100 per month for SIP for 60 months or 5 years. ...

In reply to:

beware of sips in bear market

Posted by : Guest

Hi, I need guidance in 2 things with regard to mutual fund investment.

1. Is attestation of PAN Copy with some one from MF Industry/Notary is mandatory or self attestation is enough.I am planning to invest for first time directly and have downloaded form and thinking of sending to the AMC/Local Investor Service Centre to avoid entry load.The form says PAN copy to be attested.

2. As suggested in MMB by no of experts that multiple small SIPs should be taken in a month wherever available, I was checking Reliance form where it says : Min Monthly SIP- 60 installments of Rs 100 each, whereas the other point says only one SIP per month is permitted per folio/account.Even the form says select one day in a month for SIP against the 4 days given.
Then how can I have 60 installments as SIP if I want to, its quite contradictory.

Need your guidance on how to go for 60 installments in a year in a same fund through SIP.

03 Oct 2008 16:38

Equity is for the long term. Ideally it should be for atleast 3 - 5 years. Longer , the safer it is. One should always invest via SIP only. You can go to valueresearchonline dot com Have a look at the top rated funds. ( 5* or 4* ) Invest only in them . Remember to invest atleast 60-70% in large cap oriented funds. Unless we know the amount you want to invest every month it is difficult to suggest. Anyway, it is good to start with funds like - 1) HDFC Top 200 2) Sundaram BNP Paribas Select Focus 3) DSPML TOP 100. If you buy directly from the fund house or registrar CAMS - there is no entry load. Otherwise, a distributor will help you to do it. You can even download the form from the AMC website and submit it at CAMS or the AMC office. Please avoid sector funds and NFOs. ...

In reply to:

How much money do I invest in the markets now?

Posted by : meera.sankaran

i want to know which is the best equity fund where i can invest for 2 to 5 years ?also let me know the place frm i can buy the same

03 Oct 2008 13:42
View full thread (2 messages)

Tracked by: 0 Boarder

Dear Boarders,

I would like to propose an idea. We all come here to get and give some help and suggestions. Why don`t we come up (sometime) in respective cities for a cup of coffee or so and exchange investment ideas/ suggestions/advise or discuss current global economic situation and then post minutes of the meeting on the board and let others learn.

Please give your comments on this.

Wishes
zapper...

02 Oct 2008 21:47

Dear Guest,

I have three 20k accounts with ICICI Prudential, which I had shifted in Securities, which earn lesser interst but safe. Now again I have all three accounts changd in Growth Funds. I feel Indian stcok market can go up on the back of US developments. please read what Bill has been passed. CNBC has all points covered in a gist. It may give some back up for buying globally, including Indian markets.

You can change your scheme 6 times in a year without any cost-charge. It gives you chance to enter at low NAV and when you feel market may go down, you can change your account from High growth fund-Equity to Govt Bonds etc.......

In reply to:

beware of sips in bear market

Posted by : Guest

Hi, I need guidance in 2 things with regard to mutual fund investment.

1. Is attestation of PAN Copy with some one from MF Industry/Notary is mandatory or self attestation is enough.I am planning to invest for first time directly and have downloaded form and thinking of sending to the AMC/Local Investor Service Centre to avoid entry load.The form says PAN copy to be attested.

2. As suggested in MMB by no of experts that multiple small SIPs should be taken in a month wherever available, I was checking Reliance form where it says : Min Monthly SIP- 60 installments of Rs 100 each, whereas the other point says only one SIP per month is permitted per folio/account.Even the form says select one day in a month for SIP against the 4 days given.
Then how can I have 60 installments as SIP if I want to, its quite contradictory.

Need your guidance on how to go for 60 installments in a year in a same fund through SIP.

02 Oct 2008 21:40
View full thread (1 messages)

Tracked by: 0 Boarder

hoe is etf gold can buy and sell what is welth tax to be paid on selling , how al gold etf is and who is older in this category...

02 Oct 2008 21:23

how etf cab we buy and what ammtb of walth tax one hav to paid on selling it is possible to buy 1 or 2 unit is it in dmat form how all it works pl explain ...

In reply to:

Invest 10-20% of portfolio in gold: Experts

Posted by : MMB Messenger

Rajan Mehta, Executive Director, Benchmark Asset Management, and Lakshmi Iyer, Head, Fixed Income and Products, Kotak Mahindra Asset Management, feel investors should hold around 10% to 20% of their portfolio in gold. Mehta feels that gold is showing strength at present despite everything else falling apart.

02 Oct 2008 16:26

Dear Mr. Sen,

Performance of DSPML T.I.G.E.R. & DSPML OPPORTUNITY Fund is just below Average although it was Good till last year.

Please DONT REDEEM your Investments.

Your looses will be wiped off & you may get GOOD Returns after 2-3 years.

To get Better Returns you may Switch these 2 Funds to any of Following Funds

DSPML Top 100 Equity Fund
HDFC Growth Fund
DWS Alpha Equity Fund

P.C.Sharma



...

In reply to:

redeem dsp ml even at loss?

Posted by : Guest

i understand that because of amalgamation of dsp ml with a singapore company called hardrock, investors have been asked to redeem if they wish at current nav

i have an investment of rs 15000 in dsp top 100, 30,000 in tiger and 20,000 in opportunity eq. these are doing so badly even my principal has been heavily eroded.

i shall be very grateful if somebody will please advise.should i redeem even at a loss of 23,000 rs.or should i let it be for a few months. here let me mention i am a senior citizen

thanks a lot
sen



02 Oct 2008 14:13

Dear Mr. Sen,
Your investment in Tiger and Opportunity are high risk investment and sould have been avoided in the first place as you are a senior citizen. Just hold on to it for the time being as there is no point in redeeming at this juncture incurring loss. If you compare the returns of all the 3 funds of DSPML with other similar funds, I think they are in line or even better than all other funds. If you feel that you can not take the loss, you can maybe switch tiger and oppornuity to top 100. DSPML Top 100 has done exeedingly well in this market termoil beating the benchmark in year to date, 1 month, 3 month, 1 year, 3 and 5 year period.
Please visit value research online and check out how your funds have performed and have patience. This downturn shall also pass.
Regards,
Wadia...

In reply to:

redeem dsp ml even at loss?

Posted by : Guest

i understand that because of amalgamation of dsp ml with a singapore company called hardrock, investors have been asked to redeem if they wish at current nav

i have an investment of rs 15000 in dsp top 100, 30,000 in tiger and 20,000 in opportunity eq. these are doing so badly even my principal has been heavily eroded.

i shall be very grateful if somebody will please advise.should i redeem even at a loss of 23,000 rs.or should i let it be for a few months. here let me mention i am a senior citizen

thanks a lot
sen



02 Oct 2008 09:58

can u plz tell me more about kotak ace account ???which r the best equity funds?n which is best fixed maturity plans? how can one invest in gold etf??...

In reply to:

Learn to invest in equities without an iota of risk

Posted by : round rock

only problem is they charge entry load of 2.25%. same thing you can do yourself. start a sip and open a fd with monthly interest taken back

02 Oct 2008 09:58

can u plz tell me more about kotak ace account ???which r the best equity funds?n which is best fixed maturity plans? how can one invest in gold etf??...

In reply to:

Learn to invest in equities without an iota of risk

Posted by : round rock

only problem is they charge entry load of 2.25%. same thing you can do yourself. start a sip and open a fd with monthly interest taken back

02 Oct 2008 09:55

i want to know which is the best equity fund where i can invest for 2 to 5 years ?also let me know the place frm i can buy the same ...

In reply to:

How much money do I invest in the markets now?

Posted by : MMB Messenger

How much percentage of our money should go into stocks is extremely personal and it varies from person to person. Yogesh Chabria guides you.

02 Oct 2008 09:55

How much percentage of our money should go into stocks is extremely personal and it varies from person to person. Yogesh Chabria guides you....

02 Oct 2008 02:12

Dear Mr. Sen,

Please don\\`t worry. Not even a single equity fund is giving +ve returns so pls have faith in the markets and wait for few years and you will definitely get good returns on your investments.

DSPML is now named DSPBL (DSP Black Rock). Black Rock is one of the world\\`s biggest asset management companies. For details please refer messages by Mr. Srikanth Shankar Matrubai dated 17 Sep 2008 11:18 with heading - Should you sell your investments in DSP Merrill Lynch MF, where he has explained not to worry. AND message by Guest dated 17 Sep 2008 10:47.

dsp top 100 - pls stay invested
dsp tiger - pls stay invested
dsp opportunity - wait for other boarders to reply.

Wishes
zapper
...

In reply to:

redeem dsp ml even at loss?

Posted by : Guest

i understand that because of amalgamation of dsp ml with a singapore company called hardrock, investors have been asked to redeem if they wish at current nav

i have an investment of rs 15000 in dsp top 100, 30,000 in tiger and 20,000 in opportunity eq. these are doing so badly even my principal has been heavily eroded.

i shall be very grateful if somebody will please advise.should i redeem even at a loss of 23,000 rs.or should i let it be for a few months. here let me mention i am a senior citizen

thanks a lot
sen



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