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Best Funds to Buy
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Dear Guest
Out of 4 funds in ur portfolio two are infrastructure funds - ICICI Pru Infrs and DSPML TIGER. You better switch from DSPML TIGER to DSPML Top 100, a large cap fund and very consistent n performance. rest all are good funds. Just stay invested. In fact invest more if possible in these funds in this bearish phase. have patience, you will bear the fruit.
regds
Ashport...
In reply to:
Do I need to switch
Posted by :
Guest
I have SBI Unbrella Contra, DSPML Tiger, Fidelity Equity, ICICI Pru Infrastructure and all are Growth funds. I am holding for last 3 years and invested via SIPS. Now all gains are nearly wiped out. Should I continue or switch ? I find the 
Tracked by: 0 Boarder
I have SBI Unbrella Contra, DSPML Tiger, Fidelity Equity, ICICI Pru Infrastructure and all are Growth funds. I am holding for last 3 years and invested via SIPS. Now all gains are nearly wiped out. Should I continue or switch ? I find the ...
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Posted by : ashalanshuTracked by: 0 Boarder
Dear shareviews, R u talking about the banking sector funds or the AMCs run by banks like IPRU, HDFC, KOTAK, SBI, PNB etc. ?
If u r talking about, the AMCs run by banks, my dear friend, there r several funds from these AMCs which r performing better than the market.
I\\`m not sure in which funds ur friends have invested & also at what time. if it was during last 1 year (specially from JULY 2007 to March 2008) & that too in lump sum, surely there r losses, but wait if the fund selection was right the losses should be less than market loss.
Thanks
Ashal...
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Posted by :
shareviews
Dear ashalanshu, Mr. Ranjan is a retired Bank Officer and hence my message was mainly targetted on Bank Mutual Funds. Even though i have not invested in any MFs, my friends are sitting on huge losses of their MF investments. If you have faith in MF pls invest accordingly and it is none of my concern. What I have mentioned is at least there should be some understanding between various Bank Mutual Funds as to where they have to put the money of their investors instead of running up and down through all the stocks in the market. Now what they are doing is just like unorganised retail investors. There should be some unity among the MF organisers and give some ratings to specific leading companies and invest accordingly. Then retail investors will also will get interested in buying those stocks and will see more price stability in such stocks. Ultimately there will be good growth on the investment of all involved.
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Posted by : shareviewsTracked by: 0 Boarder
Dear Mr.Ranjan, Thanks for your frankness. I am not impressed with the performance of many MFs. I have seen them invested in many hopeless stocks. I do not suggest anyone to invest in equities without proper knowledge and MFs also not at all a safe investment option. It is equally painful to select a good MF like selecting a good stock to invest....
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Posted by : RANJAN
Let me correct you. I was not an officer. Only a cashier and a clerk.
I agree most of the bank mutual funds have not done well. I recommend only value research rated funds. Their ratings are unbiased. Magnum Contra is one of the better performers. More people have lost money investing in direct equity. If they stick to the basics - mutual funds are ideal for most people. To invest in direct equity - you need to have lot of KNOWLEDGE , TIME & MONEY.
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Consider investing in Large Cap Funds and Diversified Equity Funds,
Birla Sunlife Equity Fund
DSPML Top 100 Fund
DWS Tax Saving Fund
Fidelity Equity Fund
HDFC Prudence Fund
Sundaram Select Focus fund
Preferably invest through sips. While investing in Birla Sunlife Equity Fund, invest through Century Sip, to avail Free Life Insurance.
Also, in DWs Tax Saving fund, you will be getting Added Bonus of Free life Insurance of 5 times your Investment.
True, combining Insurance with Investment is not wise. But that is for ULIPs, which are very costly, non-transperanct and high charges.
Best of luck,
Srikanth shankar Matrubai...
In reply to:
Children\\`s education plan
Posted by : Guest
Dear Ashal,
I am 30 yrs of age & have 8.5 L as annual income. I have 4 lakhs in hand, which I would like to invest in mutual funds. I have taken a Profit plus of LIC for 1 lakh. I have a kid of 3 yrs so I would like to start a children\\`s education fund as SIP and a pension fund. Please suggest a best fund suitable for me.
Thank u very much,
With regards,
Rajesh
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Posted by : RANJANTracked by: 0 Boarder
Let me correct you. I was not an officer. Only a cashier and a clerk.
I agree most of the bank mutual funds have not done well. I recommend only value research rated funds. Their ratings are unbiased. Magnum Contra is one of the better performers. More people have lost money investing in direct equity. If they stick to the basics - mutual funds are ideal for most people. To invest in direct equity - you need to have lot of KNOWLEDGE , TIME & MONEY. ...
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Posted by : shareviews
Dear ashalanshu, Mr. Ranjan is a retired Bank Officer and hence my message was mainly targetted on Bank Mutual Funds. Even though i have not invested in any MFs, my friends are sitting on huge losses of their MF investments. If you have faith in MF pls invest accordingly and it is none of my concern. What I have mentioned is at least there should be some understanding between various Bank Mutual Funds as to where they have to put the money of their investors instead of running up and down through all the stocks in the market. Now what they are doing is just like unorganised retail investors. There should be some unity among the MF organisers and give some ratings to specific leading companies and invest accordingly. Then retail investors will also will get interested in buying those stocks and will see more price stability in such stocks. Ultimately there will be good growth on the investment of all involved.
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Posted by : shareviewsTracked by: 0 Boarder
Dear ashalanshu, Mr. Ranjan is a retired Bank Officer and hence my message was mainly targetted on Bank Mutual Funds. Even though i have not invested in any MFs, my friends are sitting on huge losses of their MF investments. If you have faith in MF pls invest accordingly and it is none of my concern. What I have mentioned is at least there should be some understanding between various Bank Mutual Funds as to where they have to put the money of their investors instead of running up and down through all the stocks in the market. Now what they are doing is just like unorganised retail investors. There should be some unity among the MF organisers and give some ratings to specific leading companies and invest accordingly. Then retail investors will also will get interested in buying those stocks and will see more price stability in such stocks. Ultimately there will be good growth on the investment of all involved....
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Posted by : ashalanshu
Dear shareviews, Kindly post clearly, what u want to share with us. U start the massage with bank\\`s functioning & then switched to MFs & even in case of MFs, what u want to say, i\\`m unable to understand. for ur suggestion of concentrated portfolio of stocks of MFs plz. do some research first.
For ur kind info. Index MFs r already available in india, which invest only in the stocks of underlying index (Nifty, Sensex, Banking etc). then there r other MFs who have a concentrated portfolio of shares of a particular sector or theme like - Infra, Pharma, Banking, Metal, FMCG etc.
What u want from MFs is already available. Plz. go & check the same. Regarding performance of MFs - if there r losers so r winners.
Thanks
Ashal
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Posted by : ashalanshuTracked by: 0 Boarder
Dear shareviews, Kindly post clearly, what u want to share with us. U start the massage with bank\\`s functioning & then switched to MFs & even in case of MFs, what u want to say, i\\`m unable to understand. for ur suggestion of concentrated portfolio of stocks of MFs plz. do some research first.
For ur kind info. Index MFs r already available in india, which invest only in the stocks of underlying index (Nifty, Sensex, Banking etc). then there r other MFs who have a concentrated portfolio of shares of a particular sector or theme like - Infra, Pharma, Banking, Metal, FMCG etc.
What u want from MFs is already available. Plz. go & check the same. Regarding performance of MFs - if there r losers so r winners.
Thanks
Ashal ...
In reply to:
Children\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\`s education plan
Posted by : shareviews
Dear Ranjan, Actually what Banks are doing? Take money from A,B,C (public) and lend to XYZ(public) and in the process loot both of the categories to the maximim possible. They are playing with Public money. They give least of interest to ABC and colelct maximum interest from XYZ. They are only acting as a mediator and nothing else. Their involvement in a stock market is just like a broker. Even if the market falls or gains, they will grab their share of profit on all scenarios. Their experts dont have any responsibility since it is Public money. Why cant the MFs concentrate in selected stocks (say for example index stocks) and make the investment safer, rather than going after all most all the scrips in the markets and loosing. I think they can influence the price movement of such scrips to the advantage of their customers. If there are some strict investment policies for MFs to concentrate on select categories of limited no of stocks stocks, even the market will remain stable. But they will not do that because they may have mutual arrangements with promoters of certain cos. Recently in SEL mfg an HNI while withdrawing his stake could make the stock price fall from 700 to 150. MFs has much more potential than HNI and if they concentrate on select stocks, then the investors will not loose like this when the market falls. Afterall what is the idea behind MFs ? Keep the investors money safer by group investment plans. Is this really happening? MFs are in the same kind of losses like the individual investors. I am not telling the MFs to put all eggs in one basket, but at the same time they dont have to run after all the stocks in the market.
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Dear Ranjan, Actually what Banks are doing? Take money from A,B,C (public) and lend to XYZ(public) and in the process loot both of the categories to the maximim possible. They are playing with Public money. They give least of interest to ABC and colelct maximum interest from XYZ. They are only acting as a mediator and nothing else. Their involvement in a stock market is just like a broker. Even if the market falls or gains, they will grab their share of profit on all scenarios. Their experts dont have any responsibility since it is Public money. Why cant the MFs concentrate in selected stocks (say for example index stocks) and make the investment safer, rather than going after all most all the scrips in the markets and loosing. I think they can influence the price movement of such scrips to the advantage of their customers. If there are some strict investment policies for MFs to concentrate on select categories of limited no of stocks stocks, even the market will remain stable. But they will not do that because they may have mutual arrangements with promoters of certain cos. Recently in SEL mfg an HNI while withdrawing his stake could make the stock price fall from 700 to 150. MFs has much more potential than HNI and if they concentrate on select stocks, then the investors will not loose like this when the market falls. Afterall what is the idea behind MFs ? Keep the investors money safer by group investment plans. Is this really happening? MFs are in the same kind of losses like the individual investors. I am not telling the MFs to put all eggs in one basket, but at the same time they dont have to run after all the stocks in the market. ...
In reply to:
Children\\\\\\\\`s education plan
Posted by : RANJAN
Equity is for the long term. You cannot judge a fund by looking at the performance for 2008 only. When there is a big fall in sensex - all funds come down. You have to see the % fall. If your fund has a good rating - it will generally fall by a lesser percentage than the sensex especially a large cap oriented fund. Mutual funds are ideal for most people. If you take the performance for last 10 years - funds have given over 25% compounded returns. Direct equity has given better returns for only for some people. There is greater risk in direct equity. Ideally, it is better to invest atleast 75% in mutual funds and 25% in direct equity until you become an expert. While investing in mutual funds - always invest via SIP, avoid sector funds & NFOs. Look for value research rated funds. (5* or 4* )
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Equity is for the long term. You cannot judge a fund by looking at the performance for 2008 only. When there is a big fall in sensex - all funds come down. You have to see the % fall. If your fund has a good rating - it will generally fall by a lesser percentage than the sensex especially a large cap oriented fund. Mutual funds are ideal for most people. If you take the performance for last 10 years - funds have given over 25% compounded returns. Direct equity has given better returns for only for some people. There is greater risk in direct equity. Ideally, it is better to invest atleast 75% in mutual funds and 25% in direct equity until you become an expert. While investing in mutual funds - always invest via SIP, avoid sector funds & NFOs. Look for value research rated funds. (5* or 4* ) ...
In reply to:
Children\\\\\\\\`s education plan
Posted by : shareviews
I heard that there are a lot of hidden charges in these type of investment plans like MFs. The main problem with direct investing in equities is that the investor got access to on line trading and the decisions they take spontaneuous decisions on buying and selling. But in MFs and all the investor is not in control of the invested amounts and its the fund Managers who take decisions. But here the prob is that they may treat it as others money and they will be interested to keep their earnings rising than that of the investors. In my openion one can be a good direct investor in stock market if he/she gets the right start with some sensible guidance from matured investors. Day trading or short term trading is not going to benifit the new comers. Also would like to know the performance of the listed MFs since January 2008 and have they succeeded in making some money for their investors during this time.
Tracked by: 4 Boarders
Hi Mr Hira,
thanks for writing in. Yes you are right but at times it is difficult to ignore the fact that Funds like Reliance vision and Franklin Bluechip loose steam alltogether and there are much better schemes out there to grab for. What i thought was to average these down and so will continue these sips till nov this year. But then i either will reduce the sips in them by half or stop them alltogether and might invest in either Birla Frontline Equity (largecap fund) or HDFC top 200. I agree with some ppla when hey say that when this markets move back up the first things to push up will be bluechips, I see this spikes in the bluechip and the vision fund and so want to keep a largecap bias for atleast 2 more years. What's ur opinion??
best regards,
Ankit...
In reply to:
BEST FUND 4 SIP
Posted by :
Hira07
Dear Voraji,
You must continue your SIP.It is bad time, where every one has lost. Let me tell you that person who is in the market since last 1 to 2 years has lost more than 30 to 60% value in there portfolios. You are lucky that Your investment in SIP has remain intact if not grown. Market has to come back and It is going to pay back for our investments much better than we all are evaluating at present rate.
Happy Investing and Continue SIP.
best regards,
Hira07
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Hi I want to invest 25 K , i think it would be better to put it in Liquid fund. so which is best liquid fund & what is risk for it?...
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Dear Guest
There is not much difference between Growth and dividend option.If you need regular income, opt for dividend but please note that declaration of dividend is not a mandantory and it depends upon AMC to decide about the time and frequency of dividend. however if your aim is to create wealth it is better to go for Growth option.
Now coming to ur second part of query, while DSPML Equity was launched in Apr 97 its Growth Option has been introduced only in Jun 07. Please note NAV of div option is 38.93 while NAV of Growth option is 9.53 as on 22.09.08.This may be one of the reason MF meter says dividend optio is best. In fact for Growth option MF meter tells to avoid( being a new fund it is not rated by MF meter., which means MF meter treats DSPML Equity G as diff fund from DSPML Eq D which is actually not the case.)
Regds
Ashport
...
In reply to:
Advise Best Funds to Buy
Posted by : Guest
Dear All,
Everyone says to invest in DSP ML Equity Fund but no one says the option - Growth or Dividend. Money control meter says dividend option is best whereas Growth option should be ignored. Please articulate yourself on the specific option of DSP ML Equity Fund.
Tracked by: 0 Boarder
Dear Mahajan,
You do not have to invest in 4 schemes for tax saving. At present, Sundaram tax saver & DWS Tax saving fund ( with free insurance cover) are good options. For pure investment go for large cap funds - 1) HDFC Top 200 2) Sundaram Select Focus 3) DSPML TOP 100. For health insurance go for public sector companies like New India Assurance Co etc. The premium for Rs 2 lakh cover is around Rs 3900 per head & for 3 lakhs is Rs 5553. ...
In reply to:
Which fund to buy
Posted by :
mahajan_a
Hi Everyone,
I'm investing 6000/month in Mutual funds. The funds that t have are DSP-ML Tax Saver(G), Franklin India Tax Shild(G),HDFC Long Term Advantage(G),SBI Magnum Tax gain(G)& reliance growth fund(G). Though first four are ELSS and are needed to save tax.
PLease advice i want to invest 2000 more/month.
Also, can anybody advice on a good health insurance which i need for my parents. They are 58 & 54. Thanks for your time & advice in advance.
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Dear All,
Everyone says to invest in DSP ML Equity Fund but no one says the option - Growth or Dividend. Money control meter says dividend option is best whereas Growth option should be ignored. Please articulate yourself on the specific option of DSP ML Equity Fund. ...
In reply to:
Advise Best Funds to Buy
Posted by : ashalanshu
Dear ksr.kiran, Here is first a calculation for ur amount.
@ 6K per month & 15% Growth rate (it is not gtd.) u 'll have appx. 5.6L Rs. after 5 years or 9.2L Rs. after 7 years. i don't know this amount is sufficient for ur house or not. Here is the list of funds u should invest.
1. HDFC Top 200 fund - 1000* 1 sip
2. Sundaram sekect focus - 250* 4 sip on different dates
3. DSP ML Top 100 fund - 1000* 1 sip
4. Rel. Gr. fund - 500* 2 sip on different date
5. DSP ML Eq. fund - 1000* 1 sip
6. HDFC Prudence - 1000* 1 sip
Thanks
Ashal
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