Mr.Raghu wrote ;Hi I would like to thank you for providing wonderful guidence for us. Your goodfundsadvisor.blogspot.com has helped me to choose the best funds. i am 32 yr old and my investment plan is 5-10 yrs.my portfulio is 1000 rs SIP in the following funds. DSP Top 100 EquityDSP BalancedReliance RSF EquitySundaram Select FocusFidelity EquityTempleton Equity Income iam also putting money requied for short time in DWS money plus dividend fund on time to time. i can put another 3000 rs as sip in equity. in which of these funds i should increase...
Thursday, 22 January 2009
Rajeev Bora wrote :Substantial Loss in existing SIPs (over last one year) –portfolioas in following funds– may please advise for future course of action.Birla Sun Life Frontline Equity-DDSPML T.I.G.E.R. Reg-DHDFC Top 200-DKotak Opportunities-DMagnum Contra-DMagnum Multiplier Plus-GReliance Diversified Power Sector Retail-GReliance Diversified Power Sector Retail-GReliance Growth-DReliance Natural Resources Retail-GReliance NRI Equity-GReliance Regular Savings EquitySundaram BNP Paribas Select Focus Reg-D Tata Indo Global Infrastructure-DTata...
Read this, it is very interesting.An open letter from Grandpa LATELY, I have been thinking a lot about the Lehman crisis . Spending money that they didn't have and going beyond their means is one of the main reasons for their situation today. In fact that is the cause for the current economic crisis in the US.When I see all this happening, I can only remember the good old days. Then, karz was bad. People looked down upon those who took loans....
Purvesh asked :Hi is investing in FDs or mutual funds a better idea in current market conditions a goof idea, if MF then which funds are safe to investSRIKANTH SHANKAR MATRUBAI replied :Hi, purvesh,If your outlook is short term of say below 6 months, then FDs are the best option for you, anything above 6 months, definetely you should consider Stock Markets seriously.The ongoing volatility clearly shows that the stock selection, entry exit points are best left to experts, and who better than Mutual Fund Managers to manage our money. If you...
The five year Big Bull run made everyone that there will always be sunshine. We tended to ignore warning signs and just brushed them aside as an aberration. I was no exception. Have I lost money?. Yes and no. Yes, because I am stuck with an asset which at a given point of time would fetch a lower valuation. NO, because, the loss is only notional.I have seen two Bear Runs. First, post the Harshad Mehta Scam in 1992-93, next the Technology Meltdown in 2001. I learnt two Different Lessons in these Bear Runs.In the first Meltdown, I learnt that...
HAS THE MARKET BOTTOMED OUT?You`re going to think I`m crazy for writing this, but right now, there is less risk in stocks than at any time in our lives. Do not take my word just like that, take it from what the greatest investor in history, Warren Buffet, said only yesterday "It's time to BUY". Warren Buffet has not made such an enthusiastic statement in public in the last 34 years.Stock markets are the best asset class to invest in but at the right time, right amount and right direction of the market. Investments in the markets are also a...
SURESH wroteHi,I am investing thru`SIP (for 12 months) Rs1000/pm in TEMPLETON INDIA EQUITY INCOME FUND DIVIDEND PLAN since Jan`08 but off late I have noticed that rating for this fund has gone down to 3* in money control and in value research on line it is unrated,kindly advice whether I can continue till Jan`09 or cancel and go for better MF.Need your valuable advice.RgdsSureshSRIKANTH SHANKAR MATRUBAI advisedDear Suresh,Templeton India Equity Income Fund invests largely in International funds of High Yielding Dividend Stocks. This ia a good...
One blogger Mr.Kumar, queried :"Sir, Your blog has really helped me gain a fair amount of knowledge about mutual funds. In this time of crisis, please let me know which MFs are good to buy. After buying them, I can wait for a minimum of 3 years. I am new to MFs, about 7-8 months ago bought SBI's Tax gain and Tax advantage, each 25k worth, one time investment, both not doing well, and recently about 2 months ago bought 5k worth of Reliance Natural Resources growth fund units. I can invest/save about 10k per month. Please advise me as to which...
Dear All,Recently, Business Standard carried a article where it claimed that a Liquid Fund from Edelweiss Mutual Fund has posted a Negative NAV. I was stumped, how can this happen?. It was next to impossible. Thankfully, Edelweiss People responded with a email clarifying things. This is how their email went :From: EdelweissMFSent: Wednesday, October 15, 2008 11:43 AMSubject: IMPORTANT: Clarification on today's article in Business StandardImportance: High Dear Sir / Madam, With reference to the article on "Edelweiss Liquid...
Blogger Prathibha Mahesh asked :Please review my portfolio and advice on my next financial move.Age 30Looking for a retirement kitty of 2 Crores by 40.Current Investments:SIP 25 K per month ( Current Value : 5.75 Lakh ) Fidelity Equity Fund - Gr 2500 HDFC Equity Fund - Gr. 10000 HDFC Prudence - Gr. 10000 Reliance Vision Fund Gr 2500ICICI Life Time ( 30k Per Year Started in 2003 ) Current Value 1.9 LakhPF 2.9 LakhPPF 1.04 Lakh401 K : 1.07 Lakh ( will be investing here for next 2 years to get company match as...
Hello sirI have gone thrugh your while searchin for SIP ivestment.It provided me with some useful insights regarding SIP.I am a 21 year old working software professional, i would like to invest 3000 in SIP that would be a part of MBA expenses.So i'm investing 1500 which would give me tax benefits and d other 1500 in equity growth fund the following is my portfolio.1000- Sundaram paribas BNP tax saver500- principal tax saver1000- reliance growth ( targetted at small and midcap )500- Sundaram Select Focus ( targetted at Large cap )Plz advice...
Is my SIP investments in the right funds? One blogger Mr.Nishan Asher queried "Hello, I have an SIP plan in the following companies, please let me know if should continue stay invested with the same amount or should I stop or reduce the amount I invest monthly.I am right now investing a Rs 5000 per month in each SIP Birla Sunlife Mutual Fund – BSL Midcap Fund – Growth (B251G)DSP Merill Lynch Mutual Fund – DSP India T.I.G.E.R Fund Grow-Reg (D13)SBI Mutual Fund – Magnum Global Fund – G (L021G)Sundaram CAPEX – Growth (S82) Regards,NishanSRIKANTH...
A senior Citizen Mr.Sen wrote: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 navi 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 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 citizenthanks a lot senSRIKANTH...
!-- google_ad_client = "pub-2290799665514565"; /* 728x90, created 9/6/08 */ google_ad_slot = "2583969061"; google_ad_width = 728; google_ad_height = 90; //-->Chet had a investment dilemma and queried :hello sir,myself chet and currently I have 25000/- rupees with me and i want to invest in SIP.I am an engineering student and my age is 23. I also get a scholarship of 8000/- per month and will be continued up to may 2009 so the total amount will be upto 35000/- saving minusing the tuition fees and living expenses.Currently i have got an RD of...
Add more ELSS???Mr.Rohan Agarwal wrote back with a new query :Dear Shrikanth,Thanks for replying to my last query.To pay 0 tax on my income , i need to claim deductions of 45,000 under section 80c.To do that i am investing 30,000 in ELSS and 15,000 in PPF.I have invested 2,000 in each of the following ELSS Schemes.DWS Tax Saving GFidelity Tax Advantage GHDFC Taxsaver-GSundaram BNP Paribas TaxsaverPrincipal Personal Tax Saver Fund GI will further invest 4000 more in each of these , total of 30000.Do you thing this is a good balance of ELSS Funds...
Thank you letter Mr.Nester Dias wrote back :Thank you Srikant Your input was an eye opener - I never did realise that so much of my exposure was into infrastructure. I think thats the difference between being a novice ( like me ) and someone more experienced I agree with your reasoning - Also will do some more reasoning on the scrips that you mentioned.Thank you for your input and really appreciate . Regards NesterAlso visit http://equityadvise.blogspot.com for an indepth Equity Analy...
Mr.Sunder requested for advise :Hello Mr Srikanth,I am planning to invest Rs 10000/- per month in Mutual Funds and was researching the various options when I came across your blog. Your specific and clear advice in your blog is very helpful and easy to understand.I am 39 years old and am at present saving about Rs 20000/- per month. I have some insurance policies for about Rs 8 lacs but not much of savings otherwise. I had a housing loan which I prepaid and closed in May this year. Now I need to build up some savings for the long term.I request...
One reader of my blog Mr.Nester Dias wrote a brilliant letter and here it goes :Hi ShareSher I am 32 years old, newly married and would like to invest upto 40K per month on mutual funds ( SIP based ) . That is around 45% of my income post tax - I consider myself a safe investor and would like to make steady returns and not lose money . Basically I am a new entrant to Mutual Funds ( entering in phases since Feb 08 ) but am thinking that this present moment would be the rite time to a) learn more about mutual funds/stocks b) very importantly...
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