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MF Investment Help
Tracked by: 0 Boarder
Dear Mr. Sen,
Your investment in Tiger and Opportunity are high risk investment and sould have been avoided in the first place as you are a senior citizen. Just hold on to it for the time being as there is no point in redeeming at this juncture incurring loss. If you compare the returns of all the 3 funds of DSPML with other similar funds, I think they are in line or even better than all other funds. If you feel that you can not take the loss, you can maybe switch tiger and oppornuity to top 100. DSPML Top 100 has done exeedingly well in this market termoil beating the benchmark in year to date, 1 month, 3 month, 1 year, 3 and 5 year period.
Please visit value research online and check out how your funds have performed and have patience. This downturn shall also pass.
Regards,
Wadia...
In reply to:
redeem dsp ml even at loss?
Posted by :
Guest
i understand that because of amalgamation of dsp ml with a singapore company called hardrock, investors have been asked to redeem if they wish at current nav
i have an investment of rs 15000 in dsp top 100, 30,000 in tiger and 20,000 in opportunity eq. these are doing so badly even my principal has been heavily eroded.
i shall be very grateful if somebody will please advise.should i redeem even at a loss of 23,000 rs.or should i let it be for a few months. here let me mention i am a senior citizen
thanks a lot
sen
Tracked by: 1 Boarder
can u plz tell me more about kotak ace account ???which r the best equity funds?n which is best fixed maturity plans? how can one invest in gold etf??...
In reply to:
Learn to invest in equities without an iota of risk
Posted by :
round rock
only problem is they charge entry load of 2.25%. same thing you can do yourself. start a sip and open a fd with monthly interest taken back
Tracked by: 1 Boarder
can u plz tell me more about kotak ace account ???which r the best equity funds?n which is best fixed maturity plans? how can one invest in gold etf??...
In reply to:
Learn to invest in equities without an iota of risk
Posted by : round rock
only problem is they charge entry load of 2.25%. same thing you can do yourself. start a sip and open a fd with monthly interest taken back
Tracked by: 0 Boarder
i want to know which is the best equity fund where i can invest for 2 to 5 years ?also let me know the place frm i can buy the same ...
In reply to:
How much money do I invest in the markets now?
Posted by : MMB Messenger
How much percentage of our money should go into stocks is extremely personal and it varies from person to person. Yogesh Chabria guides you.
Tracked by: 0 Boarder
How much percentage of our money should go into stocks is extremely personal and it varies from person to person. Yogesh Chabria guides you....
Tracked by: 0 Boarder
Dear Mr. Sen,
Please don\\`t worry. Not even a single equity fund is giving +ve returns so pls have faith in the markets and wait for few years and you will definitely get good returns on your investments.
DSPML is now named DSPBL (DSP Black Rock). Black Rock is one of the world\\`s biggest asset management companies. For details please refer messages by Mr. Srikanth Shankar Matrubai dated 17 Sep 2008 11:18 with heading - Should you sell your investments in DSP Merrill Lynch MF, where he has explained not to worry. AND message by Guest dated 17 Sep 2008 10:47.
dsp top 100 - pls stay invested
dsp tiger - pls stay invested
dsp opportunity - wait for other boarders to reply.
Wishes
zapper
...
In reply to:
redeem dsp ml even at loss?
Posted by : Guest
i understand that because of amalgamation of dsp ml with a singapore company called hardrock, investors have been asked to redeem if they wish at current nav
i have an investment of rs 15000 in dsp top 100, 30,000 in tiger and 20,000 in opportunity eq. these are doing so badly even my principal has been heavily eroded.
i shall be very grateful if somebody will please advise.should i redeem even at a loss of 23,000 rs.or should i let it be for a few months. here let me mention i am a senior citizen
thanks a lot
sen
Tracked by: 1 Boarder
only problem is they charge entry load of 2.25%. same thing you can do yourself. start a sip and open a fd with monthly interest taken back...
In reply to:
Learn to invest in equities without an iota of risk
Posted by : vvrk
Actually Kotak has come up with a product on similar lines. It is called Kotak ACE Account. How this works is, the money you invest is put in a Fixed Deposit which pays monthly interest and this amount is transferred automatically to the mutual fund of your choice through SIP.
Tracked by: 0 Boarder
How do you justify the sentence beware of sip in baremarket? can any one say, please...
In reply to:
Insurance on MF products to continue for now: Sebi
Posted by : MMB Messenger
The Securities and Exchange Board of India, or Sebi, said insurance cover for mutual fund products will continue with insurance regulator, IRDA putting on hold its decision to discontinue group cover on mutual fund products, reports CNBC-TV18.
Tracked by: 0 Boarder
The Securities and Exchange Board of India, or Sebi, said insurance cover for mutual fund products will continue with insurance regulator, IRDA putting on hold its decision to discontinue group cover on mutual fund products, reports CNBC-TV18....
Tracked by: 0 Boarder
Now that DSP ML is merged with the singapore company. should i hold on to this Fund or redeem it at a losss.
i invested my childrens money in this fund
pl advsise ...
Tracked by: 1 Boarder
Hi
Bank FDs are not so safe nowadays considering the crisis in the credit market. The PSU Banks are not offering the highest interest rates for the FDs, only the newgen banks like ICICI are offering 10+% but its not safe to be with them.
Considering the 0% risk on capital, POIMS comes as the 1st Option - irrespective of the tardy service in the post offices.
Happy Investing
Sodium...
In reply to:
Learn to invest in equities without an iota of risk
Posted by : wadia
Dear Adi,
You are absolutely right about investing in FDs choosing monthly interest option but when this article was initialy published sometime last year, year and a half, the FD interest rate scenario was different and the old article is just repeated word to word here. If I remember correctly, even Mutual Fund Insight magazine too published the same idea 2 years back.
regards,
Wadia
Tracked by: 0 Boarder
i understand that because of amalgamation of dsp ml with a singapore company called hardrock, investors have been asked to redeem if they wish at current nav
i have an investment of rs 15000 in dsp top 100, 30,000 in tiger and 20,000 in opportunity eq. these are doing so badly even my principal has been heavily eroded.
i shall be very grateful if somebody will please advise.should i redeem even at a loss of 23,000 rs.or should i let it be for a few months. here let me mention i am a senior citizen
thanks a lot
sen
...
Tracked by: 1 Boarder
Dear Adi,
You are absolutely right about investing in FDs choosing monthly interest option but when this article was initialy published sometime last year, year and a half, the FD interest rate scenario was different and the old article is just repeated word to word here. If I remember correctly, even Mutual Fund Insight magazine too published the same idea 2 years back.
regards,
Wadia
...
In reply to:
Learn to invest in equities without an iota of risk
Posted by :
Adi
Why are u talking abt Post office schemes.. FDs are easily giving close to 11% today.. why not go for them.. it would increase the overlall return in the above case... one can always take monthly interest option!!
Tracked by: 0 Boarder
Since various types of mutual funds come with distinct investment objectives, as an investor, the onus is on you to opt for a fund whose objectives best match your own investment needs and gives you the kind of returns you want from your investment. But your decision to opt for either a dividend or growth scheme should be based on three crucial factors— investment horizon, market conditions and taxes.
If you are looking at an investment horizon of three years or more in an equity fund, then you should consider the growth option. This allows your investment to compound over a period of time, thus, improving your rate of returns.
As dividends from mutual funds are basically a portion of the corpus that is returned to you, they do not help create wealth over time (unless you reinvest the dividend elsewhere).
However, if you are investing for the short term, a dividend option is more tax-efficient—dividends of equity funds are tax-free in the hands of investors.
On the other hand, short-term capital gains are taxed at 15 per cent plus surcharge and cess, which works out to 17 per cent. In an ELSS (equity-linked savings scheme), since your investment is locked in for three years, you could opt for a dividend option only if you need the income.
Also, dividends from equity funds are irregular. Fund houses may declare dividends depending on the market conditions; in a bull market, the frequency of dividend payouts may rise, while the reverse may happen in a bear market. Says Sridhar Vetapalem, an independent financial planner from Pune: “There are no certainties of dividends from a mutual fund. In bear markets, they may not pay any at all.”
Debt funds, however, are taxed at a different rate. The dividend is taxed at 14.12 per cent. The shortterm capital gains from a debt fund is taxed as per the regular income tax slabs for individuals while the long-term capital gains is taxed at 11.33 per cent without indexation or 22.66 per cent with indexation.
So, it’s tax-efficient for you to opt for the growth option if your investment horizon is over a year for a debt fund. Otherwise, you can go for the dividend option if the tax rate is less than your slab rate. Note that the fund house deducts the tax and then gives the dividend. Yet, some savvy investors think that dividends from equity funds are good in a heated bull market. A dividend option is a form of profitbooking in a mutual fund.
A dividend option gives you the discipline to book your profits. You can reinvest the dividends you receive in a liquid fund for a short term and, perhaps, re-enter when the markets cool down. Says Y.S. Suresh, Financial Advisor at Bajaj Capital: “Investors close to retirement must opt for dividends from an equity fund.”
Business Today...............
Tracked by: 1 Boarder
bank fd with sweepin facilty is very good- where your fd of say one lac gets 11% annual interes and one can have sip of the interes part say 1000rupees per month. fd will not be broken it will continue to earn same amount and money will be taken from either savingsaccount or fd ,--...
In reply to:
Learn to invest in equities without an iota of risk
Posted by : Adi
Why are u talking abt Post office schemes.. FDs are easily giving close to 11% today.. why not go for them.. it would increase the overlall return in the above case... one can always take monthly interest option!!
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