Dear Mr.Sheshadri,

Please switch some of your Funds.

DSPML T.I.G.E.R. to DSPML Top 100 Equity.
Templeton PRIMA to Franklin PRIMA PLUS
Sundaram Rural Fund to Sundaram Select Focus Fund

After 2 Years you may Switch to Balance Funds of Respective Fund Houses

You can call Reliance Mutual Fund by Telephone to Request them to send UNIT Account Statement by Post/Courier.(o22-30301111)


P.C.Sharma...

Dear RN,

It is correct that Market is very Low & GOOD Traders can make Excellent Profits till next 1-2 Years by Trading & may Continue to add Gains in Next 5-6 years.

This is Most Appropriate Time for Investment in Shares / MF & ULIPS
( if you need Insurance or want to Maximise Gains by Switching).

One lot of Stock Futures may cost Approx. Rs.25000.As far as I understand,in Stock Futures,the chances of Losing Money are not ZERO.

If you Invest Rs.25000 in ULIP & switch between Equity & Debt, you can Maximise Gains without paying STT/Brokerage/ Short Term Capital Gain Tax.

In Single Premium ULIPS you have to Premium once only. In Regular Premium , you have to Pay Premium for Minimum 3 Years.

By Appropriate Switching you can make Handsome Profits.

P.C.Sharma








...

Dear RN,

Thanks for your Comments.

I am just sharing my Observations with Felow Boarders. It gives me Pleasure if someone is benifitted since I could not get Valuable Advice from Financial Advisors / Agents till 2004.I have also Learnt a lot from this Message Board & Felow Boarders.

Among ULIPS Following Options are Excellent:

IDBI Fortis Wealthsurance ULIP : Insurance Cover upto 60 Times of Annual Premium for Persons upto Age of 45 Years.( No Medical Test upto Rs.6 Lacs Cover.Unlimited Swithes between Equity Fund & Debt Fund are Free.

Metlife Smart Plus & Premier ULIPS : Insurance Cover upto 70 Times of Annual Premium for Persons upto Age of 45 Years.( No Medical Test upto Rs.5 Lacs Cover. 4 Swithes between Equity Fund & Debt Fund are Free.


P.C.Sharma

...

Dear Dr.Chandrakant,

If both of you are Earnimg, you DONT need much Insurance.

You may opt for Insurance of one Crore ( for Child Education only).

Metsmart Plus is one of Best ULIPS.If you Pay Premium of Rs.one Lac per year, you can get Cover of Rs.80 Lacs.

Some Single Premium ULIPS are CHEAPEST & BEST Option.

IDBI Fortis Wealthsurance will offer you Cover upto Rs. 40 Lacs if you Pay Single Premium of Rs.1 Lac once only.

TATA Investassure PLUS will offer you Cover upto Rs. 25 Lacs if you Pay Single Premium of Rs.1 Lac once only.


You need not waste money in very High Term Insurance Plan.

P.C.Sharma




...

Dear vmd74,

IDFC Premier Equity Fund is the Best Midcap & smallcap Fund & likely to give Very Good Return in 4-5 year Time.

However Largecap Oriented Funds are likely to give Better Returns in next 1-2 years.

You may Discontinue Further SIP in this Fund & start New SIP in any of following Funds.

DSPBR Top 100 Equity Fund
DWS Alpha Equity Fund
IDFC Imperial Equity Fund
HDFC Growth / Top 200 Fund.
Sundaram Select focus Fund

P.C.Sharma...

Dear RN,

Private Equity Funds are not Mutual Funds.

ICICI PMS ( Portfolio Management Services ) Accepts Min.Rs.50 Lacs.

Some of Other PMS accepts Min.5 Lacs.

If you are Good in Trading & willing to take Calculated RISK, you can earn more Returns than BEST of Mutual Funds.

Try to avoid Private Equity Funds due to higher Risk & High Service Fees.

PMS is less Risky but High Service FEES.


P.C.Sharma

...

Dear boysi,

Performance of Reliance Tax Saver Fund had been below Average till few Months back. Its Perfonce has Improved since last 5-6 months & thet have increased the Exposure to Large Cap Stocks.

You may consider following Options.

Continue Investment for Few months & Review Regularly.

In Case you feel that Stock Market is likely to go down Further, Switch money to Reliance Liquid Fund & Start STP in a Large Cap Fund like Reliance Equity Advantage Fund / Reliance Quant Plus Fund.

Redeem from Reliance Tax Saver Fund & Invest in Sundaram Tax saver Fund/Sundaram Select Focus Fund by SIP.

P.C.Sharma...

Lovely messages from Ashalanshu and pcpsune... gosh and all for free... so nice... i think MMB has to honor pcspune first if it has not already done it by making him BOARDER OF THE DECADE.... I was looking for ULIP and check ur posts and found it... great just great. Dont u think its the right time to invest in ULIPs now... after 5 years our premium will be free coz markets are all time bottom now....... we dont have to pay it.. whcih one would u recommend?...

pcpsune, Minimum is 5lakhs... i thought i read something else with regard to ICICI pvt equity fund.... let me check......

pcspune, But ICICI has a private equity fund where we can invest small amounts i believe.... is it necessary to invest in lakhs in pvt equity funds.. i doubt very much.... let me check out.. i find private equity funds very interesting coz with my own TA skills i can manage my funds much better than an MF can manage for me...but i would still invest in MF coz tehy can short and i dont have to pay capital gains when they short and make money but if i shorted my stocks i would land up tax since i would have to cover immediately. Thats the only advantage MFs can give us in bear marekts but alas i doubt if they are as smart to read bear markets or even short....

pcspune, Give me ur opinion on PRIVATE EQUITY FUNDS... i find these funds very interesting for couple of reasons Individuals cannot invest in private equity unless they know the CEO of the company and forms part of their close circle Second there are so many successful enterprises out there which have no visibility coz they havent gone for an IPO and what better way to be shareholders of these companies than thru a PVT equity fund. Now my doubts about such funds Which is the best PVT equity fund out there How have they performed in the last few year and especially during this crash Do the fund houses tell us which enterprises they have bought and what is our representtation in units in that enterprise. Would be grateful for all your inputs. Thanks in advance. ...

Hi, P.C. Sharma, Thanks for your views....i would also like to know ur opinion on ICICI Infra. Thanks, Vishal...

Dear P.c.sharma When you say BELOW AVERAGE , you mean below category average? IF a particular fund is performing below category average consistently, , that fund is to be avoided IF a particular fund is close to category average but performing above category average would you recommend stopping SIP in them? ( reason i am asking is there are several funds that are close to cat average and just above cat. average but they have been in existence for long. Similarly many top funds may sometime (maybe after 1-2 yrs) move to close to category average. thanks rs ...

dear sharmajee, Dont u feel booking profit even in long term and remain invested in sip for long term are contradicting statements. I have seen many people saying, stay invested for minimum 10 years and I was following that only but now with this statement of yours to book profit from time to time even in long term also has confused me. please explain it. thanks for your time...