MF Investment Help

SIP (or) Timing the Market

Posted by : vvrk

View full thread (5 messages)

Tracked by: 0 Boarder

Dear Sharmaji,
The book uses American Stock market data for its comparisions. Since ours is a more volatile market, the VA concepts will work better for us.

Something interesting I found from the book is that, based on US data from 1962 to 1991, the author says VA works best on quarterly frequency. Surprisingly even for dollar cost averaging, quarterly frequency is as good as monthly frequency and both of these are better than daily and weekly frequency. I always thought shorter the frequency, the better. But that was not the case when compared over a period of 30 years based on the US markets.

Thanks,
Raj...

In reply to:

SIP (or) Timing the Market

Posted by : pcspune

Dear vvrk,

I could get his book on value Averaging today from Crossword. It is an Interesting Book for Informed Investors.

Since this BOOK is witten in American CONTEXT, we may have to slightly modify to suit to Indian Context ( Same Process ).

Thanks for Reference.

P.C.Sharma

shoul I continue my SIP in MF ?

Posted by : Guest

View full thread (2 messages)

Tracked by: 0 Boarder

I started 20k monthly SIP in Jan ,2006,
I had already lost a lot should I continue SIP or exit as every month market is going down from previous month\\`s level....

Stay or quit

Posted by : RANJAN

View full thread (2 messages)

Tracked by: 0 Boarder

There is a compulsory lock in period of 3 years for all ELSS schemes .
So wait for 3 yrs. You can decide at that time. ...

In reply to:

Stay or quit

Posted by : cherrypink

Hi, I have invested 20,000 six month back in DSP-ML TaxSaver (G),@ 15.28, now its value became much lesser than the invested amount. What to do? Should I quit or stay and wait, if quit then How?

beware of sips in bear market

Posted by : ashalanshu

View full thread (17 messages)

Tracked by: 0 Boarder

Dear sp.palo, a very good morning to u too. by mortgage, i think u r asking for Loan against property. If my understanding is right about ur query, my dear friend, not many banks \\`ll provide u the facility under current tight liquidity situation. In fact PNB has already stopped the service last week. Even if u get the one, the amount of loan \\`ll not be more than 50-60% of ur flat value. Plz. do note, this loan \\`ll be a costly loan of 14-18% interest rate, depending upon the bank u r transacting with. The loan value \\`ll also depend upon the pay back capacity of the borrower.

Earlier the banks were offering overdraft facility against the property, but now a days it\\`s very rare to find the one.

As it \\`ll be a loan there \\`ll be a regular EMI payment for servicinf the loan.

About the JM basic fund, it\\`s a sectoral/thematic fund, which outperformed all the indices with a decent margin due to its concentrated call & performance of the underlying sector. But the same thing is hammering its performance heavily since january 2008. In fact most of JM funds r down around 45-55%, due to aggressive calls. The reason may be presence of Sandeep Sabharwal (the old SBI guy), within joining the JM MF, performance of all of EQ. schemes changed upwards drastically but the current market melt down has done its every bit to throw the plans of JM out of the gear.

Most of the Eq. funds of JM currently fall under high risk, high return category. If u do have courage to hold ur head firmly on ur shoulders without bothering about the performance of the JM funds in near future, it MAY reward u handsomely.

& it is a big MAY which later on may converts to HAD NOT.

Thanks

Ashal...

Rating :      
2 replies to this message

Report it Rate Reply

In reply to:

beware of sips in bear market

Posted by : sp.palo

Dear ashalanshu,
Good Morning. DO you have any idea on mortgages ? Suppose the cost of a flat is 25L. How much max the bank will give against mortgage of the flat ? Which bank provides the most ? And listen, how about the JM Basic fund ?

thanks & regards
shakti

beware of sips in bear market

Posted by : sp.palo

View full thread (17 messages)

Tracked by: 0 Boarder

Dear ashalanshu,
Good Morning. DO you have any idea on mortgages ? Suppose the cost of a flat is 25L. How much max the bank will give against mortgage of the flat ? Which bank provides the most ? And listen, how about the JM Basic fund ?

thanks & regards
shakti...

In reply to:

beware of sips in bear market

Posted by : ashalanshu

Dear emptyvessel, for past 6 months among Eq. fund here is the data u wanted (as per VROL on 26th Sept 2008).
TOP PERFORMERS
1. UTI Pahrma & Healthcare 11.62%
2. Franklin Pharma 8.70%
3. Reliance Pharma 7.58%
4. JM Healthcare Sector 3.60%

Yes the above list definitely shows a pharma sector funds bias, same is the case in actual performance of stocks. Under current meltdown, Pharma & upto some extent FMCG r the only sectors which have performed positive.

Regarding ur NIFTY data, When the over all value of stocks is down across the market, how the funds can be remain unaffected but the good things is that there r funds who have controlled this slide better than market. The data is already available on VROL & other website & u may check the same.
Plz. do note Eq. investing is for long term (10-15-20 & even more years).

Thanks

Ashal

Fund houses to scrap insurance cum MF products

Posted by : kentmss

View full thread (6 messages)

Tracked by: 0 Boarder

Insurance providers have decided not to provide group cover any more for mutual funds schemes offering insurance from the 1st of October.
the Insurance Lobby is very strong. They saw that their income is shrinking due to massive shifting of money from Insurance to Mutual Funds offering Free Insurance.
People have realised that ULIPs have high cost, non-flexible, high exit loads, hidden charges and have started shifting to Mutual Funds. The Insurance Players could not stand seeing the big loss staring at them.
Why should you pay 35% commission to Insurance Agent and a paltry 2% to Mutual Fund Agent?.
SEBI has always been favouring Insurance vis a vis Mutual Funds. Mutual Funds cant hire services of an Celebrity while the Insurance Agents can and do this to screw Lakhs of gullible Investors. Shame on IRDA for stopping something which is for the Good for the Investing Public.
Are they not doing a disservice to Investors?. Why is SEBI silent?.
We need to protest this decision by IRDA and ensure a Level playing field for Mutual Funds and Insurance.
If the Mutual Funds should not sell Insurance, well and Good, the Insurance Companies also should not sell ULIPs!!!....

In reply to:

Fund houses to scrap insurance cum MF products

Posted by : MMB Messenger

The bitter battle between insurance companies and mutual fund houses has taken a dramatic turn. Beginning October 1, mutual fund houses will have to withdraw all products which offer mutual funds with an insurance cover.

Fund houses to scrap insurance cum MF products

Posted by : MMB Messenger

View full thread (6 messages)

Tracked by: 0 Boarder

The bitter battle between insurance companies and mutual fund houses has taken a dramatic turn. Beginning October 1, mutual fund houses will have to withdraw all products which offer mutual funds with an insurance cover....

Stay or quit

Posted by : cherrypink

View full thread (2 messages)

Tracked by: 0 Boarder

Hi, I have invested 20,000 six month back in DSP-ML TaxSaver (G),@ 15.28, now its value became much lesser than the invested amount. What to do? Should I quit or stay and wait, if quit then How?...

SIP (or) Timing the Market

Posted by : pcspune

View full thread (5 messages)

Tracked by: 0 Boarder

Dear vvrk,

I could get his book on value Averaging today from Crossword. It is an Interesting Book for Informed Investors.

Since this BOOK is witten in American CONTEXT, we may have to slightly modify to suit to Indian Context ( Same Process ).

Thanks for Reference.

P.C.Sharma











...

In reply to:

SIP (or) Timing the Market

Posted by : vvrk

Dear Sharmaji,

The book is published by John Wiley & Sons, Inc.

ww w dot wiley dot com

I forgto the name of the store where I bought this book. I think it is Landmark or Crosswords.

Thanks,
Raj

SIP

Posted by : gullu_123

View full thread (1 messages)

Tracked by: 0 Boarder

How about investing via Reliance RSF sip Insure....

SIP

Posted by : gullu_123

View full thread (1 messages)

Tracked by: 0 Boarder

How about investing via Reliance RSF sip Insure....

beware of sips in bear market

Posted by : sp.palo

View full thread (17 messages)

Tracked by: 0 Boarder

Two simple rules to my knowledge in prolonged bear phases to all MF investors:

1. Dont discontinue the SIP in panic or frustration. Rather be sincere in its payment date.

2. Average your units ( for lump sum investors ) in existing funds by repurchasing units in every 5% market dips.

regards
shakti...

In reply to:

beware of sips in bear market

Posted by : ashalanshu

Dear emptyvessel, for past 6 months among Eq. fund here is the data u wanted (as per VROL on 26th Sept 2008).
TOP PERFORMERS
1. UTI Pahrma & Healthcare 11.62%
2. Franklin Pharma 8.70%
3. Reliance Pharma 7.58%
4. JM Healthcare Sector 3.60%

Yes the above list definitely shows a pharma sector funds bias, same is the case in actual performance of stocks. Under current meltdown, Pharma & upto some extent FMCG r the only sectors which have performed positive.

Regarding ur NIFTY data, When the over all value of stocks is down across the market, how the funds can be remain unaffected but the good things is that there r funds who have controlled this slide better than market. The data is already available on VROL & other website & u may check the same.
Plz. do note Eq. investing is for long term (10-15-20 & even more years).

Thanks

Ashal

beware of sips in bear market

Posted by : ashalanshu

View full thread (17 messages)

Tracked by: 0 Boarder

Dear emptyvessel, for past 6 months among Eq. fund here is the data u wanted (as per VROL on 26th Sept 2008).
TOP PERFORMERS
1. UTI Pahrma & Healthcare 11.62%
2. Franklin Pharma 8.70%
3. Reliance Pharma 7.58%
4. JM Healthcare Sector 3.60%

Yes the above list definitely shows a pharma sector funds bias, same is the case in actual performance of stocks. Under current meltdown, Pharma & upto some extent FMCG r the only sectors which have performed positive.

Regarding ur NIFTY data, When the over all value of stocks is down across the market, how the funds can be remain unaffected but the good things is that there r funds who have controlled this slide better than market. The data is already available on VROL & other website & u may check the same.
Plz. do note Eq. investing is for long term (10-15-20 & even more years).

Thanks

Ashal...

In reply to:

beware of sips in bear market

Posted by : emptyvessel

there are three assumptios in the various replies:
i)sips are good for a volatile market. the market in India is not volatile but today it is a downward spiral. if we take nifty closing values on last thursdays of the month the figures from may are 4835,4315,4332,4214,4110. I will be lucky to know of any equity mf which has not shown any negative return during the year.
ii)\\\\

mutual funds investment

Posted by : ashalanshu

View full thread (9 messages)

Tracked by: 0 Boarder

Dear ankzvohra782, First from ur running list, i hope u have multiple SIPs on different dates as advised so many times here @ MMB.

for ur another large cap fund - sund. select focus & K-30 falls under an aggressive category, Birla Fr'line is relatively a less aggressive fund. U may invest in HDFC Top 200 fund with multiple sip of 1K on different dates.

From ur ongoing SIPs & new one, u r planni g to invest appx. 15K per month, in this case my advise 'll be to go for Liq. + fund & STP route. It 'll be more beneficial to u as u 'll earn more bucks than ur saving bank acct., on ur investment in liq. + fund.

Thanks

Ashal ...

In reply to:

mutual funds investment

Posted by : ankzvohra782

Dear Ashpot, I have the following query and need your opinion on the same:
I have been invested in the following funds via sips:
1. Reliance Vision(since 2 years, sip od Rs 2000)
2. Reliance Growth(since 1 year, sip od Rs 2000)
3. DSP ML TIGER (since 1 year, sip 2000)
4. SBI Magnum Contra(since 1 year, sip 2000)
5. Franklin India Bluechip( since 2 years, sip rs 2000)
I was not happy with the performance of Rel Vision and Franklin bluechip (esp vision)and so have stopped the respective sips form next month and have made following addations to the foilo:
1. Start SIP Rs 3000 in DSP ML Balanced fund
2. Renew SIP in Magnu m contra for Rs 3000pm
3. Renew Sip in Reliance grwoth sip rs 3000pm
4. Start SIP in DSP ML top 200 rs 2000pm

i am wanting to ad another large cap fund in the folio as i have exited 2 and want to keep a large cap bias to my folio for a lim ited downside: I am confused between Sundaram select focus,birla frontline equity, and kotak 30. I find sundaram select focus to be a little more agressive one. Kindly Give in ur views abt the fund to opt for, or should i select a diversified fund like kotak oppotunity/Hdfc top 200/ kotak opportunity. This will be for an sip of Rs 2000 for 3 years
Best regards
ankit

SIP investment

Posted by : ashalanshu

View full thread (4 messages)

Tracked by: 0 Boarder

Dear friend, This is the right time to invest thru SIP. Had u quoted ur funds\\` name also it w\\`d be better.

Thanks

Ashal...

In reply to:

SIP investment

Posted by : Guest

Hi,

I had subscribed to a SIP investment of Rs.5000 / month (Splitted among 4 MF). It started on June 2008. At this current economy stage shall i continue in this or shall i withdraw and put in some Bank RD. Kindly shed some light on this.

Raghavan