MF Investment Help

Change in investment plan

Posted by : arpayyappilly

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Hi All,
Is it advisable to invest in equity MF if the market goes down , nav get erodded and recovery expected after sometime. Nav of many equity MFs are less than 50% of Jan08 Nav. Almost all MFs are in the red.
It seems fund managers are not bothered since it is other persons money (OPM).God alone knows when they will come up.
Brgds.
Roy...

In reply to:

Change in investment plan

Posted by : techguy1979

Hi All,

I am investing in the following 4 funds (through weekly 1k STP from liquid plus) since last 2 months:

HDFC Top 200 (1.5 lakh)
Birla sunlife Frontline Eq. (1 lakh)
DWS Investment Opportunity (1 lakh)
Reliance Growth (1 lakh)

Q 1: Do they look fine in current scenario? Should I rather stop STP into DWS and Reliance growth?

I was planning to invest another 4 lakh in similar STP way:

Sundaram select focus (1.5 lakh)
DSPML Top 100 Equity Fund (1.5 Lakh)
SBI Magnum Contra (1 lakh)

Q 2: Same question as everyone is asking now-a-days. Should I wait for another month or two before doing these fresh investments?
Q 3: Should I take off magnum contra from this list? If yes, which fund do you suggest in place of mag. contra?
Q 4: I am opting for dividend re-investment for all my investments. However, I am not sure which one is better out of all these dividend options: Daily\Weekly\Monthly\Quarterly.

I just did 2 FDs (8 lakh for 300 days and 4 lakh for 30 months). I might re-invest them to FDs once they get matured.
Q 5: does my fixed income-equity allocation look all right?

I am 29 years old, can take moderate risks, not interested in tax savings funds, investment horizon is 5-7 years.

TIA

Change in investment plan

Posted by : pcspune

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Dear techguy1979,

Investment in Following 4 Funds is GOOD Planning :

Birla Frontline Equity
DSPML Top 100 Equity
HDFC Top 200
Sundaram Select Focus.

Switch FUTURE SIP from DWS Investment Opportunity Fund to DWS Alpha Equity Fund

Switch FUTURE SIP from Reliance Growth Fund to Reliance Equity Advantage Fund or Reliance Quant Plus Fund.

Instead of SBI CONTRA Fund Invest in IDFC Imperial Equity Fund( Large
Cap Fund) or IDFC Premier Equity Fund(Midcap Fund)

Please note that you DONT need to Invest in FD more than 6-12 Months Expences ( 2-4 Lacs) to meet Emergency Expences. If you are in Higher Tax Bracket, Invest in Debt Fund like HDFC High Interest Fund Treasury Plan or Birla Income Fund.

Please note that Value of your money may get Eroded in FD due to TAX Laws & Inflation.

If you want Safety of Investments, Following are GOOD Options(BY STP)

DSPML Balance Fund
UTI Mahila Unit Scheme

P.C.Sharma...

In reply to:

Change in investment plan

Posted by : techguy1979

Hi All,

I am investing in the following 4 funds (through weekly 1k STP from liquid plus) since last 2 months:

HDFC Top 200 (1.5 lakh)
Birla sunlife Frontline Eq. (1 lakh)
DWS Investment Opportunity (1 lakh)
Reliance Growth (1 lakh)

Q 1: Do they look fine in current scenario? Should I rather stop STP into DWS and Reliance growth?

I was planning to invest another 4 lakh in similar STP way:

Sundaram select focus (1.5 lakh)
DSPML Top 100 Equity Fund (1.5 Lakh)
SBI Magnum Contra (1 lakh)

Q 2: Same question as everyone is asking now-a-days. Should I wait for another month or two before doing these fresh investments?
Q 3: Should I take off magnum contra from this list? If yes, which fund do you suggest in place of mag. contra?
Q 4: I am opting for dividend re-investment for all my investments. However, I am not sure which one is better out of all these dividend options: Daily\Weekly\Monthly\Quarterly.

I just did 2 FDs (8 lakh for 300 days and 4 lakh for 30 months). I might re-invest them to FDs once they get matured.
Q 5: does my fixed income-equity allocation look all right?

I am 29 years old, can take moderate risks, not interested in tax savings funds, investment horizon is 5-7 years.

TIA

Top 5 MFs to invest in Current Market

Posted by : ndpsr

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dear friends,

i am back again. this time, with a suggestion. a suggestion from a newbie? well please do read it, i have discussed it with ashalji and i have been able to somewhat convince him.

we thought it will be better to get the views of all of you other friends.

the suggestion goes like this:

if you have invested when the sensex was 15,000 plus levels, then redeem all those investments at current value and reinvest the amount in the equity again over the next year either through sip/ debt fund- stp route etc etc.

why do i say this?

well, i think the markets would not only remain depressed at least for the next one year, but would also fall by at least another 20 per cent over the next one year. ( i know, the general rule is one should not time the market. but, i think, presently, one can be certain that the markets will remain depressed at least for the next one year and fall by a further 20 per cent at least over the next one year.)

how will my suggestion help?

lets take an example. lets say some one had invested 2 lakhs when the market was 15 k plus, its present value would be about 1.5 lakhs. by redeeming that amount and re-investing in the market through sip/ stp route, one would be able to avoid any further loss in the portfolio and at the same time, be able to buy units at an average sensex level of 9,500 considering that the market today about 10,500 and assuming a fall of 20 per cent more over the next year. in other words, one can cut losses and also gain by about 10 per cent. the gain would be more if the fall is more.

many of you have far more experience than me in the market place. i only hope you would not brush aside my suggestion as that of a newbie, and give it some consideration.

thanks

cheers

sunder

(why do i say investments made at 15 k plus levels? that is because, i think even if the market goes up some time in future, it would certainly reach 15 k level at almost one go, and could struggle to go up further up after that. as you would have all noticed, there had been a strong resistance at 14 k level, and my assumption is that by the time the market starts moving up, it should be able to reach 13 k level without many pauses and then go on upto 15 k level, before facing some resistance) ...

In reply to:

Top 5 MFs to invest in Current Market

Posted by : ashalanshu

Dear milind finance, weekly STP route is another mode of investment in Eq. MFs with a discipline & of course a slightly more earning.

How it works - Say u have 50k Rs. with u, & want to invest, in HDFC Top 200 fund with 4 SIPs of 1K Rs. every month, over the 12 months. In case of normal SIP, the money `ll be debited from ur saving account on every SIP date, the remaining amount in ur bank ` ll earn u an interest of 3.5% per annum & remember it is also Taxable so actual earning from this interest `ll be very low subject to ur Tax slab. Also u `ll have to check ur bank ACCT. regularly that SIPs r debited timely.

Now for same 50K Rs., first u invest this amount in HDFC Cash managment saving plus retail Plan (the liquid + fund of HDFC). Under weekly STP of 1K Rs.. the same amount `ll be debited from the Liquid + fund of HDFC & `ll be invested in ur Targeted Eq. MF, HDFC Top 200 in this case. The remaining amount in liquid + fund `ll earn 6-8% return per annum. Post Tax return `ll be much more in this case than saving bank return.
As the folio no. `ll be the same for both these fund, u `ll get a composite unit statement, hence tracking of ur investment `ll be very easy.

I hope the info `ll be useful to u.

Thanks

Ashal

Top 5 MFs to invest in Current Market

Posted by : ndpsr

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Tracked by: 3 Boarders

dear friends,

i am back again. this time, with a suggestion. a suggestion from a newbie? well please do read it, i have discussed it with ashalji and i have been able to somewhat convince him.

we thought it will be better to get the views of all of you other friends.

the suggestion goes like this:

if you have invested when the sensex was 15,000 plus levels, then redeem all those investments at current value and reinvest the amount in the equity again over the next year either through sip/ debt fund- stp route etc etc.

why do i say this?

well, i think the markets would not only remain depressed at least for the next one year, but would also fall by at least another 20 per cent over the next one year. ( i know, the general rule is one should not time the market. but, i think, presently, one can be certain that the markets will remain depressed at least for the next one year and fall by a further 20 per cent at least over the next one year.)

how will my suggestion help?

lets take an example. lets say some one had invested 2 lakhs when the market was 15 k plus, its present value would be about 1.5 lakhs. by redeeming that amount and re-investing in the market through sip/ stp route, one would be able to avoid any further loss in the portfolio and at the same time, be able to buy units at an average sensex level of 9,500 considering that the market today about 10,500 and assuming a fall of 20 per cent more over the next year. in other words, one can cut losses and also gain by about 10 per cent. the gain would be more if the fall is more.

many of you have far more experience than me in the market place. i only hope you would not brush aside my suggestion as that of a newbie, and give it some consideration.

thanks

cheers

sunder

(why do i say investments made at 15 k plus levels? that is because, i think even if the market goes up some time in future, it would certainly reach 15 k level at almost one go, and could struggle to go up further up after that. as you would have all noticed, there had been a strong resistance at 14 k level, and my assumption is that by the time the market starts moving up, it should be able to reach 13 k level without many pauses and then go on upto 15 k level, before facing some resistance) ...

In reply to:

Top 5 MFs to invest in Current Market

Posted by : ashalanshu

Dear milind finance, weekly STP route is another mode of investment in Eq. MFs with a discipline & of course a slightly more earning.

How it works - Say u have 50k Rs. with u, & want to invest, in HDFC Top 200 fund with 4 SIPs of 1K Rs. every month, over the 12 months. In case of normal SIP, the money `ll be debited from ur saving account on every SIP date, the remaining amount in ur bank ` ll earn u an interest of 3.5% per annum & remember it is also Taxable so actual earning from this interest `ll be very low subject to ur Tax slab. Also u `ll have to check ur bank ACCT. regularly that SIPs r debited timely.

Now for same 50K Rs., first u invest this amount in HDFC Cash managment saving plus retail Plan (the liquid + fund of HDFC). Under weekly STP of 1K Rs.. the same amount `ll be debited from the Liquid + fund of HDFC & `ll be invested in ur Targeted Eq. MF, HDFC Top 200 in this case. The remaining amount in liquid + fund `ll earn 6-8% return per annum. Post Tax return `ll be much more in this case than saving bank return.
As the folio no. `ll be the same for both these fund, u `ll get a composite unit statement, hence tracking of ur investment `ll be very easy.

I hope the info `ll be useful to u.

Thanks

Ashal

Change in investment plan

Posted by : ashport

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Dear techguy1979

Your selection of funds are very good. So continue ur investment thru STP way. If u are investing for a long term which u should do considering ur age, just dont bother about the short term movements in the market.

You can add Sundaram Select Focus, DSML Top 100 and Magnum Contra/ DSPML equity in ur portfolio as all these are proven performers.

Your choice of div reinv is okay. just opt for for payout a couple of yrs before ur redemption plan.

Your asset allocation should depend upon ur risk profile, investment objective and investment horizon. you are the best judge and decide urself considering all aspects.however apart from Bank FDs u can invest 70000 annually in PPF also.

Regds

ashport...

In reply to:

Change in investment plan

Posted by : techguy1979

Hi All,

I am investing in the following 4 funds (through weekly 1k STP from liquid plus) since last 2 months:

HDFC Top 200 (1.5 lakh)
Birla sunlife Frontline Eq. (1 lakh)
DWS Investment Opportunity (1 lakh)
Reliance Growth (1 lakh)

Q 1: Do they look fine in current scenario? Should I rather stop STP into DWS and Reliance growth?

I was planning to invest another 4 lakh in similar STP way:

Sundaram select focus (1.5 lakh)
DSPML Top 100 Equity Fund (1.5 Lakh)
SBI Magnum Contra (1 lakh)

Q 2: Same question as everyone is asking now-a-days. Should I wait for another month or two before doing these fresh investments?
Q 3: Should I take off magnum contra from this list? If yes, which fund do you suggest in place of mag. contra?
Q 4: I am opting for dividend re-investment for all my investments. However, I am not sure which one is better out of all these dividend options: Daily\Weekly\Monthly\Quarterly.

I just did 2 FDs (8 lakh for 300 days and 4 lakh for 30 months). I might re-invest them to FDs once they get matured.
Q 5: does my fixed income-equity allocation look all right?

I am 29 years old, can take moderate risks, not interested in tax savings funds, investment horizon is 5-7 years.

TIA

Cash-hit MFs to gain from RBI`s special repo move: AMFI

Posted by : ashalanshu

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Dear friend, plz. understand, apart from Index funds not any other funds invest in the scrips of a particular index (sensex or nifty) in the same weightage as the individual scrip has in the underlying index.

This is the reason of deviation in rise & fall of Indices (sensex & nifty) in comparison to MFs.

Thanks

Ashal ...

In reply to:

Cash-hit MFs to gain from RBI`s special repo move: AMFI

Posted by : Guest

if we see daily rise & fall, when market rises by some points the mutual fund rises by some points but when market falls by same points mutual funds fall more compare to what mutual fund rise.this should not happen.

Change in investment plan

Posted by : techguy1979

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Addressed to  ashalanshu,  ashport,  kentmss,  pcspune,  RANJAN,  techguy1979,  wadia

Hi All,

I am investing in the following 4 funds (through weekly 1k STP from liquid plus) since last 2 months:

HDFC Top 200 (1.5 lakh)
Birla sunlife Frontline Eq. (1 lakh)
DWS Investment Opportunity (1 lakh)
Reliance Growth (1 lakh)

Q 1: Do they look fine in current scenario? Should I rather stop STP into DWS and Reliance growth?

I was planning to invest another 4 lakh in similar STP way:

Sundaram select focus (1.5 lakh)
DSPML Top 100 Equity Fund (1.5 Lakh)
SBI Magnum Contra (1 lakh)

Q 2: Same question as everyone is asking now-a-days. Should I wait for another month or two before doing these fresh investments?
Q 3: Should I take off magnum contra from this list? If yes, which fund do you suggest in place of mag. contra?
Q 4: I am opting for dividend re-investment for all my investments. However, I am not sure which one is better out of all these dividend options: Daily\Weekly\Monthly\Quarterly.

I just did 2 FDs (8 lakh for 300 days and 4 lakh for 30 months). I might re-invest them to FDs once they get matured.
Q 5: does my fixed income-equity allocation look all right?

I am 29 years old, can take moderate risks, not interested in tax savings funds, investment horizon is 5-7 years.

TIA ...

Cash-hit MFs to gain from RBI`s special repo move: AMFI

Posted by : Guest

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if we see daily rise & fall, when market rises by some points the mutual fund rises by some points but when market falls by same points mutual funds fall more compare to what mutual fund rise.this should not happen....

In reply to:

RBI's move to hold special repo rate at 9% to pep MFs: AMFI

Posted by : MMB Messenger

The RBI (Reserve Bank of India) said it would hold the 14-day special repo rate to enable banks to meet the mutual fund liquidity needs. It added that it would hold this special repo rate at 9% for Rs 20,000 crore today.

FMP

Posted by : Surinder Singh

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I have some spare fund nfo investment for 4 months.Will it be ok to invest in FMP. If so suggest safe and best paying FMP. Thanks...

Need MF investment Advice

Posted by : ashport

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Dear deep gupta

You dont need a dozen of ELSS funds to invest for your tax saving. Just select 2-3 funds and invest regularly thru SIP in them.Anyway as there are 3 yrs lock in in such funds u cant do anything right now. After lock in peroid is over switch all tax saving funds other than Sundaram Tax Saver , DWS Tax Saving and HDFC Tax Saver to large cap funds.

Rel Natural Resources is also a thematic fund, so better switch to Reliance Growth/Rel Reg Savings.

Dont invest in NFOs and dont invest lumpsum. Always invest via SIPs.

Regds

Ashport...

In reply to:

Need MF investment Advice

Posted by : deep_gupta

Hello

I have invested in mainly TAX saving Mutual funds with a lock period of 3 years but I can hold my investment for 4-5 years. I invested 95000 in 2007-08 and it stands on a loss of -54% today.
Then I invested 75000 till date for 2008-09 and it stands on -30% today. I have stopped investing right now. I can invest RS25000 more but waiting for the right time . please suggest where should I invest? Should I buy more units of the existing funds to decrease the average cost? Please suggest.
Under mentioned is my portfolio.

2007-08 (Loss as ON 11 october 2008)
DSP-MLTax Saver Fund (G) – 35000 invested – Rs. 18.72 per unit – stands on -54.51% loss
DWS Tax Saving Fund (G) – 20000 invested - Rs. 18.84 per unit – stands on -56.50 loss
Kotak Tax Saver (G) – 30000 invested – Rs . 23.98 per unit – stands on -57.83% loss
Reliance Natural Resources (G) – 10000 invested – Rs. 10.23 per unit – stands on -36.52% loss

2008-09 (Loss as ON 11 october 2008)
DWS Tax Saving Fund (G) – 10000 invested – Rs. 11.02 Per unit – stands on -25.63% loss
HDFC Long Term Advantage (G) – 5000 invested – Rs. 84.68 Per unit – stands on -19.96% loss
HDFC Tax Saver (G) -5000 invested – Rs. 132.82 Per unit – stands on -17.56% loss
ICICI Pru Tax Plan (G) – 32000 invested – Rs. 96.14 Per unit – stands on -35.25% loss
JM Tax Gain Fund (G) -10000 invested – Rs. 10.850 Per unit – stands on -52.08% loss
Kotak Tax Saver (G) - 5000 invested – Rs. 13.37 Per unit – stands on -24.37% loss
Sundaram Tax Saver (G) - 10000 invested – Rs. 29.40 Per unit – stands on -11.07% loss


Thanks
Deep



Scheme Last Price Quantity Inv. Price Overall Gain Overall Gain Latest Value
DSP-MLTax Saver Fund (G) (2) 8.52 18.72 18.72 -993 -54.51% 15,924
DWS Tax Saving Fund (G) (2) 8.20 15.24 15.24 -1,185 -46.21% 16,136
HDFC Long Term Advantage (G) 67.78 59.049 84.68 -998 -19.96% 4,002
HDFC Tax Saver (G) 109.50 37.646 132.82 -878 -17.56% 4,122
ICICI Pru Tax Plan (G) (8) 62.25 340.245 94.05 -10,819 -33.81% 21,180
JM Tax Gain Fund (G) 5.20 921.990 10.85 -5,211 -52.08% 4,793
Kotak Tax Saver (G) (2) 10.11 21.54 21.54 -1,170 -53.05% 16,430
Reliance Natural Resources (G) 6.49 977.995 10.23 -3,654 -36.52% 6,351
Sundaram Tax Saver (G) 26.15 340.105 29.40 -1,107 -11.07% 8,892


Thanks
Deep

Please Advice!

Posted by : ashport

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Dear Kalpana

Continuing SIP in Rel Growth should be a personal call and it all depends upon ur investment horizon. It is a mid cap fund so in this turbulent market u need to have patience. if u are comfortable with the present volatilty and if u want to remain invested for a long time ( more than 5 yrs) then it is advisable to continue SIP.

Most of ur investment are in thematic / sectoral funds. here is myadvice on ur funds:

Fidelity Int Opp.........Switch to Fidelity Equity
SBI Magnum taxgain ....Continue( One of the best fund among ELSS)
ICICI Pru Infrastructure ..Continue( One of the best fund among infra space)
DSP Merryl Tiger.....Switch to DSPML Tp 100 ( A consistent large cap fund)
Reliance Diversified Power.....Continue till 1 yr and then decide
JM Basic Rs.10000 (Mar 08) .....switch to HDFC Top 100
HDFC Children Gift Invst...Stay invested as lock in is there.
In future invest mostly in large cap funds( upto 70-75% of ur portfolio). Your exposure to Mid/small cap fund should not be more than 15-20% and investment in thematic /sectoral fund should be limited to 5-10%. Dont invest in NFOs and try to invest thru SIPs only.One more thing better to stay away from Child specific funds and for Children`s eduication also invest in Eq diverified funds only.While switching take care of Exit loads.

Regds

Ashport...

In reply to:

Please Advice!

Posted by : Guest

I started Reliance Growth SIP of Rs.1000 per month in May 2007, should I continue with it?

My other one time investments are:
Fidelity International opp - Rs.10000,(Apr 07)
SBI Magnum taxgain Rs.15000 (Apr 07)
ICICI Pru Infrastructure Rs.15000 (Jan 08)
DSP Merryl Tiger Rs. 20000 (Mar 08)
Reliance Diversified Power Rs 10000 (Mar 08)
JM Basic Rs.10000 (Mar 08)
HDFC Children Gift Invst Lock in Rs.15000 (May 08)

Are my investments ok?

Thanks
Kalpana

On-Line Purchase not reflected in Portfolio

Posted by : m_i_khilji

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Since, I have online account with Birla AMC, I invested through the site itself with DIRECT broker code. I checked the statement on my account itself, but the transaction is not reflected.

I requested statement from CAMS also, and same result.

The amount is not yet credited (reverse entry) to my HDFC account.

Dear invins, yes, MF agents always helps. But, I have been investing online since last 4 months, and this is the first time I faced problem. And in long run, 2.25% does matters if compunded....

In reply to:

On-Line Purchase not reflected in Portfolio

Posted by : wadia

Dear Khilji,
Go to camsonline and request statement through their

MFs seen in trouble if huge redemptions continue

Posted by : Guest

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Hey Mr. everybody knows that if huge redemptions continue, MFs are going to see some more trouble.
...

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MFs seen in trouble if huge redemptions continue

Posted by : MMB Messenger

Given the current environment, mutual funds seem to be cash strapped. The issue of banks not lending money to mutual funds was raised at the finance secretary's meeting on tackling liquidity, reports CNBC TV18. Vivek Law believes that if huge redemptions continue, MFs are going to see some more trouble.

MFs seen in trouble if huge redemptions continue

Posted by : MMB Messenger

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Given the current environment, mutual funds seem to be cash strapped. The issue of banks not lending money to mutual funds was raised at the finance secretary's meeting on tackling liquidity, reports CNBC TV18. Vivek Law believes that if huge redemptions continue, MFs are going to see some more trouble....

Cash-hit MFs to gain from RBI`s special repo move: AMFI

Posted by : Guest

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Would you please highlight future of investment in FMP.Will it be honoured on due date or FMP investment should be be put in to redemption right noe.


D.R.Bhansali...

In reply to:

RBI's move to hold special repo rate at 9% to pep MFs: AMFI

Posted by : MMB Messenger

The RBI (Reserve Bank of India) said it would hold the 14-day special repo rate to enable banks to meet the mutual fund liquidity needs. It added that it would hold this special repo rate at 9% for Rs 20,000 crore today.