MF Investment Help

Mutual Fund

Posted by : ashalanshu

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Dear Jate, considering ur age, my advise is in continuation to what dear PCSPune had offered to u already. First of all Switch from all ur remaining schemes from Growth options to Div. pay out option & for new scheme3s too, opt div. pay out option. Where it`s possible to have div. transfer option select the same in favor of Balanced funds, otherwise first collect Div. amt. in ur bank acct. & then invest the same in balanced funds - HDFC Prudence, DSLBR balanced & Canera Robeco balanced r good option under balanced category. By applying this strategy, by default ur allocation to pure Eq. fund `ll come down & there `ll be an inbuilt safety of DEBT from balanced funds. After 3-5 years, u may transfer ur all Eq. investments in favor of balanced funds.

Thanks

Ashal ...

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Mutual Fund

Posted by : jate

I have the folowing MF and I will be retiring in a few months and would like to know the prospects and suggestions.I can hold for another 3 years
1.DSP tiger
2.Reliance Diversifies Power Dividend reinvestment
3.Templeton Prima Fund,
4.Templeton Growth Fund
5.Sundaram rural Fund
6.Icici Prudential
7.FIOG

How do I get access to any MF to know the account statement esp.Reliance Power Fund

Kindly advice ocnsidering my age

Seshadri

guidance pls

Posted by : ashalanshu

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Dear Roshninaath, From ur list of 6 funds, following 3 funds r under sectoral / thematic category which is a high risk high gain type category. As off now the days of High gains for these funds r over & high risk is running in these funds already. The way ahead is to invest in proven large cap funds. The reason is simple, as & when there `ll be a recovery in market, the Large cap ones `ll be the first to recover. So my advise `ll be to as below.

1. Birla sunlife equity fund (d) - Rs.27 less - divert new SIP to Birla Fr`line Eq.
2. ICICI pru power (G) - Rs.43 less, continue SIP
3. reliance div power (g) - Rs.30 less - Divert SIP to Rel. reg. saving Fund (Eq.) which a more pure diversified fund & one of star performer under current melt down.
4. Reliance vision fund (D) - Rs.21 less - Not performing well for more than a year, so divert SIP in HDFC Top 200
5. Sundaram capex (g) - Rs. 21 less - Divert SIP in Sund. Select Focus
6. UTI infra (g) - Rs.21 less - Divert SIP to DSPBR Top 100.

Plz. note I`m advising to start new SIPs only & stop ongoing SIPs in ur existing funds. Plz. don`t redeem ur existing funds.

Thanks

Ashal
...

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guidance pls

Posted by : roshninaath

Hi Ashal

Due to the present mkt condition i see in red the following funds very low (nearly Rs.30 difference from the rate i bought) Hence thinking of averaging the loss by entering into SIP in the following funds for a period of 6 months all.. can u advice me is it a good idea or not...

1. Birla sunlife equity fund (d) - Rs.27 less
2. ICICI pru power (G) - Rs.43 less
3. reliance div power (g) - Rs.30 less
4. Reliance vision fund (D) - Rs.21 less
5. Sundaram capex (g) - Rs. 21 less
6. UTI infra (g) - Rs.21 less

Is my idea of averaging is good or to away is better so that i dont loose more. wats ur opinion / suggestion?

Thanks

Rosh

guidance pls

Posted by : roshninaath

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Hi Ashal

Due to the present mkt condition i see in red the following funds very low (nearly Rs.30 difference from the rate i bought) Hence thinking of averaging the loss by entering into SIP in the following funds for a period of 6 months all.. can u advice me is it a good idea or not...

1. Birla sunlife equity fund (d) - Rs.27 less
2. ICICI pru power (G) - Rs.43 less
3. reliance div power (g) - Rs.30 less
4. Reliance vision fund (D) - Rs.21 less
5. Sundaram capex (g) - Rs. 21 less
6. UTI infra (g) - Rs.21 less

Is my idea of averaging is good or to away is better so that i dont loose more. wats ur opinion / suggestion?

Thanks

Rosh...

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guidance pls

Posted by : ashalanshu

Dear roshninaath, plz. continue with ur SIPs. for next 6 months. Make an assessment at that time & decide.

Thanks

Ashal

Advice pls

Posted by : emptyvessel

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the markets are not expected to turn around in the next 6 months. while the funds appear prima facie sound it is not preferable to average on a falling market. it is my view as most of us are in similar situation. my view will be place any surplus now in bank fds and return to mfs once the current mess is cleared. i don`t think that a lifetime opportunity is missed if we skip to invest now. one can wait for 6 months to review. ...

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Advice pls

Posted by : roshninaath

Hi

Due to the present mkt condition i see in red the following funds very low (nearly Rs.30 difference from the rate i bought) Hence thinking of averaging the loss by entering into SIP in the following funds for a period of 6 months all.. can u advice me is it a good idea or not...

1. Birla sunlife equity fund (d) - Rs.27 less
2. ICICI pru power (G) - Rs.43 less
3. reliance div power (g) - Rs.30 less
4. Reliance vision fund (D) - Rs.21 less
5. Sundaram capex (g) - Rs. 21 less
6. UTI infra (g) - Rs.21 less

Is my idea of averaging is good or to away is better so that i dont loose more.

Thanks

Rosh

Advice pls

Posted by : roshninaath

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Hi

Due to the present mkt condition i see in red the following funds very low (nearly Rs.30 difference from the rate i bought) Hence thinking of averaging the loss by entering into SIP in the following funds for a period of 6 months all.. can u advice me is it a good idea or not...

1. Birla sunlife equity fund (d) - Rs.27 less
2. ICICI pru power (G) - Rs.43 less
3. reliance div power (g) - Rs.30 less
4. Reliance vision fund (D) - Rs.21 less
5. Sundaram capex (g) - Rs. 21 less
6. UTI infra (g) - Rs.21 less

Is my idea of averaging is good or to away is better so that i dont loose more.

Thanks

Rosh...

Mutual Fund

Posted by : pcspune

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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...

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Mutual Fund

Posted by : jate

I have the folowing MF and I will be retiring in a few months and would like to know the prospects and suggestions.I can hold for another 3 years
1.DSP tiger
2.Reliance Diversifies Power Dividend reinvestment
3.Templeton Prima Fund,
4.Templeton Growth Fund
5.Sundaram rural Fund
6.Icici Prudential
7.FIOG

How do I get access to any MF to know the account statement esp.Reliance Power Fund

Kindly advice ocnsidering my age

Seshadri

Mutual Fund

Posted by : ps_bs69

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Respected Mr Jate

Its common sense that if you are around 60 years of age then only 40% of your investable amount should be invested in equity or equity MFs. So first excercise that u need to do is to know what is your investable amount is and whether the amount that u have invested in the MFs mentioned by you exceeds the 40% or not.

It is also not clear from your message whether you have invested Lumpsum or in SIP mode. In case you had invested in Lumpsum then in funds like DSP ML TIGER, Reliance DPS Fund, Franklin Templeton Prima fund you must have made incured significant erosion of your invested amount TO the tune of 50-60%. This is primarily because the first 2 are sectoral funds & the other is a midcap fund and are only suited for aggressive investors with high risk appetite. For people of your age group it was not advisable to invest in such risky funds in the first place.

My suggestion to you is that it is better to allocate 60% of your investable amount in debt schemes and monthly income schemes (MIPs).
For your equity investments it is not advisable to redeem them as u said u can hold on to these for 3 years more.
1)Switch from DSP ML TIGER to DSP ML Top 100 equity fund.
2)Continue investments in Reliance Diversified Power but after 3 years switch to dividend pay-out option of this particular scheme to get regular supply of money.
3)Switch from FT Prima to Prima plus fund by doing this you will be switching from a mid-cap fund to a large cap fund. Remember that whenever the markets recover its the large-cap stocks that will recover first rather than the mid cap ones. If u atall want to keep a midcap MF in your portfolio then IDFC Premier or Reliance RSF are better options than FT Prima which has lost quite a bit of its sheen. However after 5 years this fund can give u decent returns.
4)Switch from Sundaram rural fund to Sundaram Select Focus
5)Icici Prudential is an ULIP and this may be not a very good investment option (which plan have u chosen....the life time super pension plan is a relatively better one).
6)The account statement of Reliance diversified power sector fund is dispatched every quarterly. So if you have not received it yet then you need to contact your broker first or email directly to the company rmfcustomer.care@relianceada dot com. You must mention your folio number in this mail.

HAPPY INVESTING
PSB...

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Mutual Fund

Posted by : jate

I have the folowing MF and I will be retiring in a few months and would like to know the prospects and suggestions.I can hold for another 3 years
1.DSP tiger
2.Reliance Diversifies Power Dividend reinvestment
3.Templeton Prima Fund,
4.Templeton Growth Fund
5.Sundaram rural Fund
6.Icici Prudential
7.FIOG

How do I get access to any MF to know the account statement esp.Reliance Power Fund

Kindly advice ocnsidering my age

Seshadri

Mutual Fund

Posted by : dsvas

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I think all the funds are diversified equity funds. that means you take risk which you did not bare which you can`t take. now what can you do? wait till the markets recover, 3 and more years if don`t want money.
telephone to nearest isc and said your folio no and ask an a/c copy that`s it...

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Mutual Fund

Posted by : jate

I have the folowing MF and I will be retiring in a few months and would like to know the prospects and suggestions.I can hold for another 3 years
1.DSP tiger
2.Reliance Diversifies Power Dividend reinvestment
3.Templeton Prima Fund,
4.Templeton Growth Fund
5.Sundaram rural Fund
6.Icici Prudential
7.FIOG

How do I get access to any MF to know the account statement esp.Reliance Power Fund

Kindly advice ocnsidering my age

Seshadri

Mutual Fund

Posted by : jate

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I have the folowing MF and I will be retiring in a few months and would like to know the prospects and suggestions.I can hold for another 3 years
1.DSP tiger
2.Reliance Diversifies Power Dividend reinvestment
3.Templeton Prima Fund,
4.Templeton Growth Fund
5.Sundaram rural Fund
6.Icici Prudential
7.FIOG

How do I get access to any MF to know the account statement esp.Reliance Power Fund

Kindly advice ocnsidering my age

Seshadri...

MF NAVs close with steep cut on slump in mkts

Posted by : MMB Messenger

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Equity diversified NAVs closed with steep cut, as sharp slump in the US as well as in Asian and European markets, due to cut in US economic growth forecast of 2008-2010 by Fed and weak housing data, has weighed on our markets. The Sensex closed below October 27, 2008 closing value....

sell OR hold

Posted by : lynnus

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hello madam this is sunny here from Ahmedabad i have purchased 1000 shares of tata steel @ 350 and 3000 R comm @ 150 and bajaj auto 70 shares @ 900 and 6000 cipla @ 145.. AND still want to invest but i think SENSEX WILL GO BELOW 6000.. what you say??...

please suggest

Posted by : dsvas

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pls suggest, which stocks are give more return in next bull market? which sector lead the market? can any one say something about this?...

Strike gold in times of financial crisis

Posted by : Guest

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Excellent article by India\\\\`s best financial website having India\\\\`s best finance and economic thinkers. ...

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Strike gold in times of financial crisis

Posted by : MMB Messenger

There is gloom and depression all over; but these times provide some of the best opportunities to create wealth.

guidance pls

Posted by : ashalanshu

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Dear roshninaath, plz. continue with ur SIPs. for next 6 months. Make an assessment at that time & decide.

Thanks

Ashal...

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guidance pls

Posted by : roshninaath

hi all..

I am having SBI Magnum contra Fund in SIP. Is it wise to continue SIP for another one year or 6 months?

Advice me

Thanks

rosh

guidance pls

Posted by : roshninaath

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hi all..

I am having SBI Magnum contra Fund in SIP. Is it wise to continue SIP for another one year or 6 months?

Advice me

Thanks

rosh...