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MF Investment Help
Tracked by: 2 Boarders
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...
In reply to:
Top 5 MFs to invest in Current Market
Posted by :
milind_finance
Thanks to Mr. Ashal & Ranjan, Please explain what is weekly STP rout?
Thanks & Regards
s m naik 
Tracked by: 2 Boarders
Your strategy is good and that won`t increase your funds, if you decide to change funds for SIP after every year, depending on their performance. You can start SIP in new funds, you can switch through STP from your old funds to these new funds. That way, number of funds will almost remain same.
Regarding Lump-Sum investment, it can`t be said, that you should go for it even now, because markets can`t be timed. Although, some experts are saying that market is close to bottom, but this thing they have been saying since market started downfall in January-2008. They said the same thing, when market touched 17K, 16K, 15K and so on. Every time they said that market have reached the bottom, market proved them wrong. Having said that, market can`t go too much down from here.
In fact, you can start weekly SIP in selected funds to take full advantage of current market....
In reply to:
Top 5 MFs to invest in Current Market
Posted by : ashgoel
every year i start 10 SIPs of Rs 2000 for two year period into 5/4 star rated diversified funds. every third year, if i see that any of the funds have been moved to three star or lower category, i switch the amount to 4/5 star fund of the same family house. My outlook is for 20 years. Though this approach leads to increase in number of funds, but i am sure that most of the time, my money is invested in best of the funds.
Having said that, i have observed that SIP returns over last 5 years have been negligible.
What has gone wrong here? @ times, since my investment horizon is long, i tend to invest in lumpsome mode in top rated funds, but i have avoided that so far. Seems like now it is the time to invest in lumpsome over a period of next three months. Kindly suggest.
Tracked by: 2 Boarders
every year i start 10 SIPs of Rs 2000 for two year period into 5/4 star rated diversified funds. every third year, if i see that any of the funds have been moved to three star or lower category, i switch the amount to 4/5 star fund of the same family house. My outlook is for 20 years. Though this approach leads to increase in number of funds, but i am sure that most of the time, my money is invested in best of the funds.
Having said that, i have observed that SIP returns over last 5 years have been negligible.
What has gone wrong here? @ times, since my investment horizon is long, i tend to invest in lumpsome mode in top rated funds, but i have avoided that so far. Seems like now it is the time to invest in lumpsome over a period of next three months. Kindly suggest....
In reply to:
Top 5 MFs to invest in Current Market
Posted by : nandarohit
Hi PCS Pune ji/ Other investment Gurus,
could you please help me in selecting Top 5 MFs to invest in Current Market?
Thanks in Advance.
Regards
Rohit Nanda
Tracked by: 2 Boarders
Thanks to Mr. Ashal & Ranjan, Please explain what is weekly STP rout?
Thanks & Regards
s m naik...
In reply to:
Top 5 MFs to invest in Current Market
Posted by :
jadhav
It seems there are no good A scripts as of now. Better to go for only 2-3 large cap oriented funds and rest in bank FD`s which are giving around 10 percentage return. I agree with PCSPUNE and his view are more likely to get accepted by rest of the boarders.
My choice will be
1 FI Bluchip Fund ( 3 Star VR Rating but more than 10 years of History)
2 Magnum Contra ( 5 Star from VR, From Midcap to Largecap Transformation)
3 Sundaram Select Focus Or Fidelity Equity
4 Reliance Growth or Kotak Opportunity or Sundarma Select Midcap
Give allocation around 25% each and wait for better times for Indian Stock Market.
Tracked by: 0 Boarder
Analisis is ok , but which are the best Large cap funds ? and what is there performence? Please give it....
In reply to:
Stick to largecap over midcap funds
Posted by :
MMB Messenger
In terms of performance, while largecap funds have on an average given about 23% returns over a three-year period, midcap funds have given just about 8%. So, the pick for investment would preferably be largecap funds at this point of time and not midcap funds.
Tracked by: 1 Boarder
Dear Ritul,
It is Expected that Large Cap Oriented Funds will Perform Better in Next 1-2 years.
Continue SIP in Following
HDFC Top 200
DSPML Top 100
ICICI Infra.
Discontinue SIP in Following
Reliance GROWTH
SBI Magnum CONTRA
HDFC Prudence
Start Fresh SIP in any 2-3 of Following
Kotak-30
Sundaram Select Focus
DWS Alpha Equity Fund
DSPML Equity
If you want Midcap Fund, IDFC Premier Equity is BEST Option, otherwise IDFC Imperial Equity is GOOD Option.
No need to Invest in Reliance Growth/ RSF Equity in Current Scenario.
You may Invest in Reliance Growth / RSF Equity after 1 year by SIP.
P.C. Sharma
...
In reply to:
re: my portfolio
Posted by : Mayekar
Dear Seniors/
I am having following portfolio of SIP MF
1. HDFC top 200
2 DSPML top 100
3 Reliance growth
4. Magnum Contra
5. HDFC prudence
6. Pru icici infrastructure
i am doing EQUAL amount SIP on multiple dates.
DSPML top 100 and magnum contra have replaced HDFC equity and Reliance vision( i stopped my sip in them after 2 yrs)
goal is to continue SIP for 3 more years .
following are my questions:
1. Should i chose a more aggressive large cap like sundaram select focus or K-30 instead of DSPML top 100 since i am already having a conservative large cap like HDFC top 200 in my portfolio
2 There is a strong temptation to chose Reliance regular savings equity fund instead of DSPML top 100 or another large cap. Reason being Reliance RSF has done better, as a fund it is still sitting on larger amounts of cash( so it can do better than others in coming period)
3 IF i chose reliance RSF i am afraid i will not have a large capo bias in my portfolio ( rel growth, Magnum contra, and Pru icici infr are not neccecarily large cap fund). Am i correct in assuming that i may not have a large cap bias by choosing relaince RSF instead of DSPML top 100
4.Ideally it would be better to have a multicap fund like DSPML equity in the portfolio . Instead i have chosen a contra fund like magnum contra. DSPML equity can still be added but then it will affect the balance of the portfolio. Pls comment
Seniors, pls guide
thank you
-Ritul
Tracked by: 2 Boarders
Dear arinshare
Your investment in HDFC Equity, HDFC Equity and ICICI Pru Infra is ok, but I wont recommend further investment in Rel Vision just to average out the cost. If a fund itself is not performing there is no point in investing just to average out the cost. After all you have other better alternatives to invest.
Regds
Ashport...
In reply to:
Top 5 MFs to invest in Current Market
Posted by : arinshare
Today (Sensex 10527.85, fall 800.51)on 10th Oct 2008 I have invested in HDFC Equity Rs. 2000 and ICICI pru Infrastructure Rs. 700 through their websites in order to have lowering average value. Am I wrong for investment in this scenario? If fall continues, my next target to invest in HDFC TOP 200 and Reliance Vision just to lower average cost. Since I started invested in all these funds in 2007 through SIP when sensex was at peak. Comments are solicited.
Tracked by: 2 Boarders
Dear Guest
You can remain invested in DSPML TIGER but dont invest further in this fund in these times of volatility.
Regds
Ashport...
In reply to:
Top 5 MFs to invest in Current Market
Posted by : Guest
Do you suggest to redeem all my holding in TIGER fund Or safe to keep them and watch the performance?
Thanks..
Tracked by: 2 Boarders
Today (Sensex 10527.85, fall 800.51)on 10th Oct 2008 I have invested in HDFC Equity Rs. 2000 and ICICI pru Infrastructure Rs. 700 through their websites in order to have lowering average value. Am I wrong for investment in this scenario? If fall continues, my next target to invest in HDFC TOP 200 and Reliance Vision just to lower average cost. Since I started invested in all these funds in 2007 through SIP when sensex was at peak. Comments are solicited....
In reply to:
Top 5 MFs to invest in Current Market
Posted by : Guest
Do you suggest to redeem all my holding in TIGER fund Or safe to keep them and watch the performance?
Thanks..
Tracked by: 0 Boarder
I have read that Liquid funds are subject to capital risk, though practically it has never happened till date.
Do you think in the current situations where many financial institutions are going bust, it is possible that liquid fund NAVs go negative?
Please advise!!!
...
Tracked by: 2 Boarders
Do you suggest to redeem all my holding in TIGER fund Or safe to keep them and watch the performance?
Thanks.....
In reply to:
Top 5 MFs to invest in Current Market
Posted by :
ashport
Dear pfquery
DSPML TIGER is a thematic/sectoral fund and one should avoid investing in such funds because if the sector is out of favour, your investment can erode very sharply. As you must be feeling now since infrastucture theme is out of favour, infrastructure based funds have been one of the biggest loser this year.
It`s better you stop further SIP in this fund and start new SIP in DSPML Top 100, a conservative large cap fund.
As far Fraklin India Prima Plus is concerned, it is a consistent perfomer and you can remain invested.
Regds
Ashport
Tracked by: 2 Boarders
Dear pfquery
DSPML TIGER is a thematic/sectoral fund and one should avoid investing in such funds because if the sector is out of favour, your investment can erode very sharply. As you must be feeling now since infrastucture theme is out of favour, infrastructure based funds have been one of the biggest loser this year.
It`s better you stop further SIP in this fund and start new SIP in DSPML Top 100, a conservative large cap fund.
As far Fraklin India Prima Plus is concerned, it is a consistent perfomer and you can remain invested.
Regds
Ashport...
In reply to:
Top 5 MFs to invest in Current Market
Posted by : pfquery
Hello Everyone,
Thanks to your suggestions
I invest in 4 funds in SIP.
1.DSP ML TIGER (I dont see amny people recommending ths fund. Why? If i can move to anyother fund , what can it be?)
2. franklin India Prima plus fund - i dint see anyone recommending this
3.Sundaram select focus
4.HDFC growth
I invest 2500 pm one each of this. Please suggest if i should move to someother fund.
Tracked by: 2 Boarders
Hello Everyone,
Thanks to your suggestions
I invest in 4 funds in SIP.
1.DSP ML TIGER (I dont see amny people recommending ths fund. Why? If i can move to anyother fund , what can it be?)
2. franklin India Prima plus fund - i dint see anyone recommending this
3.Sundaram select focus
4.HDFC growth
I invest 2500 pm one each of this. Please suggest if i should move to someother fund....
In reply to:
Top 5 MFs to invest in Current Market
Posted by : pcspune
Dear Rohit Nanda,
Investment in Following Largecap Oriented Funds may be GOOD Option.
DSPML Top 100 Equity Fund
DWS Alpha Equity Fund
HDFC GROWTH / Top 200 Fund
IDFC Imperial Equity Fund
Sundaram Select Focus Fund.
Among New Funds I am monitoring the Performance of Reliance Quant Plus Fund * ICICI Focussed Equity Fund.
P.C.Sharma
Tracked by: 1 Boarder
Dear mayekar, From ur chosen funds,
Large Cap - HDFC Top 200 & DSP ML Top 100
Mid cap - Rel. Growth
Multical - SBI Contra
Balanced - HDFC Prudence
Sectoral - IPru Infra
All the funds chosen by u r proven performers over long duration in their respective category. No need to panic. Continue investment in the same.
1. Going for more aggressive fund under large cap category `ll be a personal call.
2. Sitting on Large amount of cash, has helped RRSF to contain the fall better but at the same time, it is a dangerous sign also. The reason is U & me or any other investors r investing in RRSF for Eq. returns & not the returns generated by money market instruments by sitting on cash. If sitting on the cash is going to protect our downslide, it `ll be better to have our money in our own hands.
3. Yes RRSF `ll dilute the large cap bias of ur portfolio.
4. Plz. note for past some time, only the name of SBI is contra, otherwise the portfolio of this funds is more like an aggressive multicap fund. So again it `ll be personal choice between an aggressive fund SBI contra & a conservative fund DSP ML Eq.
Thanks
Ashal...
In reply to:
re: my portfolio
Posted by : Mayekar
Dear Seniors/
I am having following portfolio of SIP MF
1. HDFC top 200
2 DSPML top 100
3 Reliance growth
4. Magnum Contra
5. HDFC prudence
6. Pru icici infrastructure
i am doing EQUAL amount SIP on multiple dates.
DSPML top 100 and magnum contra have replaced HDFC equity and Reliance vision( i stopped my sip in them after 2 yrs)
goal is to continue SIP for 3 more years .
following are my questions:
1. Should i chose a more aggressive large cap like sundaram select focus or K-30 instead of DSPML top 100 since i am already having a conservative large cap like HDFC top 200 in my portfolio
2 There is a strong temptation to chose Reliance regular savings equity fund instead of DSPML top 100 or another large cap. Reason being Reliance RSF has done better, as a fund it is still sitting on larger amounts of cash( so it can do better than others in coming period)
3 IF i chose reliance RSF i am afraid i will not have a large capo bias in my portfolio ( rel growth, Magnum contra, and Pru icici infr are not neccecarily large cap fund). Am i correct in assuming that i may not have a large cap bias by choosing relaince RSF instead of DSPML top 100
4.Ideally it would be better to have a multicap fund like DSPML equity in the portfolio . Instead i have chosen a contra fund like magnum contra. DSPML equity can still be added but then it will affect the balance of the portfolio. Pls comment
Seniors, pls guide
thank you
-Ritul
Tracked by: 0 Boarder
Dear 250778, In the article, SWP stand for systematic withdraw plan.
Under SWP, u first invest a lump sum in any MF scheme & at the time of joining the scheme, also fill the SWP form for withdraw of money on a predefined interval (every week, every month, 3 months or 6 months). the SWP may be in money terms say 10K Rs. or 20K Rs. or in Units terms, say 100 or 500 units redemption on every SWP interval.
I hope the above info `ll be useful to u.
Thanks
Ashal ...
In reply to:
Asset Allocation by Profit Booking in MF
Posted by : 250778
Sir
What does SWP mean in the above article.?
Thanks
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