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MF Investment Help
Tracked by: 0 Boarder
Dear vvrk,
My Favourite Fund is Reliance Growth Fund Till NOW.
DSPML Equity Fund is also an EXCELLENT Fund.Other Favourite Funds are
Relaince RSF Equity, IDFC Premier Equity, DWS Investment Opportunity & HDFC GROWTH Fund.
I Expect Newly Launched Reliance Quant PLUS Fund ( Large Cap Oriented
wih Small AUM ) to be BEST Performer among Reliance Fund House in Coming year. I have started Fresh Investments in this Fund.
P.C.Sharma
...
In reply to:
Opinion Poll - Fund Select
Posted by :
vvrk
This is just a fun opinion poll.
If you were to select just ONE equity fund, which would it be and why? (In other words which is your favourite equity fund) 
Tracked by: 0 Boarder
An Article in INVESTOR INDIA Magzine(August 2008) mentions in short about
ASSET Allocation - CPPI Strategy.
It also mentions that 90% Wealth created is on account of Asset Allocation.
Can anyone throw more light on above.
Is there any book which deals about asset Allocation in Detail.
I am trying to evolve Asset Allocation Process for Mutual Funds & ULIPS Investments.
P.C.Sharma
...
Tracked by: 0 Boarder
Dear vvrk,
I had also Invested in JM Equity & HDFC Taxsaver but Redeemed in Dec.2007 & April 2008.
There is no need to remain invested in POOR Performing Funds if their Performance continue below Average for more than 2-3 Quarters.
Among JM Funds JM CONTRA appears to be BETTER.
Among HDFC Funds HDFC GROWTH is BETTER.
Please Discontiue Further Investment & switch to better Performing Funds.
P.C.Sharma
...
In reply to:
MF Investment Mistakes
Posted by : vvrk
I do rely to some extent on intuition when it comes to fund selection. Though it worked well in the past, it kind of misfired badly with the funds I selected last year.
I invested in JM Equity (since Sandip Sabharwal was the fund manager hoping he would repeat the success he had with SBI Magnum MF's). It performed below average.
I invested in HDFC Capital Builder (since it got a new fund manager Chirag Setvalad who originally gave stellar performance with HDFC Taxsaver and HDFC LT Adv Plan before he left to join some hedge fund in UK.). Even this fund had an average run.
I am still invested in these funds though they are performing badly since I would like to give time to my investments to perform (atleast a minimum of 2 to 3 years).
Tracked by: 0 Boarder
Kotak has come up with an product combining Term Deposit with SIP. It is called Kotak ACE Account.
Here the interest on the term deposit is paid on a montly basis and is invested in the equity fund of our choice from Kotak AMC.
Here is the principal is protected since only interest is being invested through SIP. ...
Tracked by: 0 Boarder
I do rely to some extent on intuition when it comes to fund selection. Though it worked well in the past, it kind of misfired badly with the funds I selected last year.
I invested in JM Equity (since Sandip Sabharwal was the fund manager hoping he would repeat the success he had with SBI Magnum MF's). It performed below average.
I invested in HDFC Capital Builder (since it got a new fund manager Chirag Setvalad who originally gave stellar performance with HDFC Taxsaver and HDFC LT Adv Plan before he left to join some hedge fund in UK.). Even this fund had an average run.
I am still invested in these funds though they are performing badly since I would like to give time to my investments to perform (atleast a minimum of 2 to 3 years).
...
In reply to:
MF Investment Mistakes
Posted by : vvrk
I am sure many of us might have made some mistakes regarding fund selection in the past.
Please share some of your investment mistakes and what you have learned from the experience.
Tracked by: 0 Boarder
Go for Sundaram Tax Saver Rs 3000 & DWS Tax saver Rs 2000....
In reply to:
Parking money for short term
Posted by :
Guest
Hello,
I have already invested in equity via tax saving fungs and returns are ok for last year.
My funds are:
Sundaram Tax, Rs 3000
Fidility tax Rs, 1000 and
Dws tax Rs, 1000
though all have done better, i am considering of shifting my sip money of fidility tax to other 2 funds and stopping fidility.
Is it a good move, Please help?
Tracked by: 0 Boarder
SBI MAGNUM TAX GAIN - Performance is not as good . Corpus is Big.
For 80C benefit - Sundaram Tax SAVER / DWS TAX
SAVER is a better option. If you have no tax
to be saved - avoid tax saving funds.
Reliance Growth Fund - First choice for midcap fund. A must in every
portfolio.
Kotak Opportunities - I would prefer Sundaram Select Focus
DSPML TIGER - As suggested by dear Ashport go for a large cap fund - HDFC TOP 200 / DSPML TOP 100 ...
In reply to:
Require feedback on my SIP plan
Posted by : Guest
Hi All,
I am investing on 4 MFs monthly for Rs. 2000 for last one year. Before renewing them I wanted to get feedback from the experts on this board whether I should continue with same MFs or should chnage it to better ones.
Here is the list of 4 MFs:
SBI Magnum Taxgain - Dividend
Reliance Growth fund - Growth
Kotak Opportunities - Growth
DSP TIGER fund - Growth
Please let me know your views on this.
Thanks very much,
Gaurav
Tracked by: 0 Boarder
I am sure many of us might have made some mistakes regarding fund selection in the past.
Please share some of your investment mistakes and what you have learned from the experience....
Tracked by: 0 Boarder
My choice would be DSPML Equity.
It was never the best performing fund, but I like it purely for its consistency in returns (and yes I do have significant exposure in this fund)
...
In reply to:
Opinion Poll - Fund Select
Posted by : vvrk
This is just a fun opinion poll.
If you were to select just ONE equity fund, which would it be and why? (In other words which is your favourite equity fund)
Tracked by: 0 Boarder
Yes you can switch thewhole amount....
In reply to:
Switching charges enquiry
Posted by : Guest
Thank you for your response. Investment period in hdfc equity is over 2 years. Is it advisable to switch the whole amount Rs 12 lakhs? Please let me know.
Tracked by: 0 Boarder
This is just a fun opinion poll.
If you were to select just ONE equity fund, which would it be and why? (In other words which is your favourite equity fund)...
Tracked by: 0 Boarder
Dear Guest
At first instance, your portfolio looks to be quite good, but it lacks a solid large cap fund. You can stop SIP in DSPML TIGER and start SIP in either DSPML Top 100 or HDFC Top 200 or Sundaram Select Focus or Birla Sunlife Frontline Equity Fund.
Happy investing
Regds
Ashport...
In reply to:
Require feedback on my SIP plan
Posted by : Guest
Hi All,
I am investing on 4 MFs monthly for Rs. 2000 for last one year. Before renewing them I wanted to get feedback from the experts on this board whether I should continue with same MFs or should chnage it to better ones.
Here is the list of 4 MFs:
SBI Magnum Taxgain - Dividend
Reliance Growth fund - Growth
Kotak Opportunities - Growth
DSP TIGER fund - Growth
Please let me know your views on this.
Thanks very much,
Gaurav
Tracked by: 0 Boarder
Thank you for your response. Investment period in hdfc equity is over 2 years. Is it advisable to switch the whole amount Rs 12 lakhs? Please let me know. ...
In reply to:
Switching charges enquiry
Posted by : RANJAN
You can fill up the systematic transfer form and submit.
I hope you have stayed for atleast 1 year in HDFC EQUITY.
There is no entry load in HDFC TOP 200. But there can be an exit load in HDFC Equity fund if you have come out within 1 year.
Tracked by: 0 Boarder
Hi All,
I am investing on 4 MFs monthly for Rs. 2000 for last one year. Before renewing them I wanted to get feedback from the experts on this board whether I should continue with same MFs or should chnage it to better ones.
Here is the list of 4 MFs:
SBI Magnum Taxgain - Dividend
Reliance Growth fund - Growth
Kotak Opportunities - Growth
DSP TIGER fund - Growth
Please let me know your views on this.
Thanks very much,
Gaurav...
Tracked by: 0 Boarder
thanks for the reply...
In reply to:
FIXED MATURITY PLAN
Posted by :
techguy1979
Ashalansu was clearing my doubts regarding the differences between FD and FMP. I think his analysis can be useful to you as well ... I am posting it below:
"As u r in 30% Tax slab, FMPs r much better option than bank FDs. Let me explain u how?
basis of calculation - Both Bank FDs & FMPs r offering 10% interest rate for 370 days period. amount invested 1L in each.
Bank FD - after 1 year interest received = 10000 Rs.
Tax on Interest = 30.9% = 3090 Rs.
Net interest earned = 10000-3090 = 6910 = 6.91% effective yield
FMPs - amount invested = 1L
@ 10 Rs. per unit, alloted no. of units = 10000
@ 10% interest earning, NAV of units at maturity = 11 Rs.
Value of units = 10000*11 = 110000
Cost inflation Index value in year of purchase = 551 (i have taken it for past FY 2007-2008)
Cost inflation Index value in year of maturity = 582 (CII for current year)
Hence Indexed purchase cost of Unit = 10*582/551 = 10.56 Rs.
Hence Indexed Long Term Capital Gain (LTCG) = 11-10.56 = 0.44 Rs.
Total LTCG = No. of units * LTCG on one unit = 10000*0.44 = 4400 Rs.
LTCGs Tax @ 20.6% = 906.4 Rs.
Net gain after tax payment = 10000-906.4 = 9093.6 = 9.09% effective yield
I hope it 'll clear ur doubts. regarding FMPs. These r safe instruments as the investments r made in Top rated corporate papers & debt instruments. although relatively not that much safe as bank FDs."
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