Continuation of FD / investing in MFAnusridi wrote : "Dear Matrubhai,One of my Bank FD which was giving 8.75% of interest has matured recently and if I continue for another one year I will get now 8.25% . I request your kind advise in this regard whether continue as Bank FD or put in LICMF floating rate fund (G)/Can Rebecco Gilt PGS(G)/Can Rebecco Income (G) LICMF liquid fund (G). Earlier I have given you u my portfolio that I am having MFS about 4L which are now about 2L due recession.Please advise (within 2-3 days if possible).With best wishes,anusridi...
Saturday, 27 June 2009
Friday, 26 June 2009
Reliance Infrastructure NFO - A Small Exposure is recommendedSrikanth Shankar MatrubaiReliance Mutual Fund, India's Biggest AMC in terms of Assets Under Management, has launched its 18th Equity Fund, Reliance Infrastructure Fund.Investment ObjectiveThe Fund seeks to generate Long Term Capital Appreciation by investing predominantly in Infrastructure and its related Sectors. The Fund has the option of investing upto 35% of its Corpus in Debt and Money...
Monday, 22 June 2009
Dear all,Patients pay their doctors for advice and then buy the medicines from the chemist. ARN holders(also called as Independent Financial Advisors, IFAs) are viewed as doctors and therefore being asked to seek a fee from their clients for advice rendered.I am now charging FEES both for Online and Offline Advice.My Charge is right now a reasonable Rs.1000. By the way, it is good for you too.When a person pays for advice, he is serious about it and will demand good service which will keep you on your toes. I have more responsibility when I am...
Monday, 15 June 2009
Never mix investment with insuranceMr.Sanjay Lala wrote :my son is of 6 months and i need such a insurance plan so that after 15 & 20 years i could get good amount for his future career. Please suggest me some good plans.Sanjay..SRIKANTH SHANKAR MATRUBAI wrote :Dear Sanjaylala,I have always advised against mixing Investments with Insurance. Insurance is not Investment.Insurance have high costs associated with their products and they bleed you dry immediately after you pay the first premium. And the worst part is, that since you have already...
Thursday, 11 June 2009
High Risk-High Reward Sushant asked :Is it proper to average out or sell a non performing MF?I have Magnum Comma fund which is underperformer. Is it advisable to sell it or average out by pumpimg some more money?SRIKANTH SHANKAR MATRUBAI replied :Dear sushantYou should avoid Averaging Underperforming Fund. There is no point in averaging a underperformer. SBI Magnum Comma Fund has been a underperformer for quite some time now and the future does...
Wednesday, 3 June 2009
04 June 2009Srikanth Shankar MatrubaiWith the Indian nuclear story emerging and the current Peak Power deficiet of India still in double digits, Power Sector is bound to show Impressive growth in the coming years.The Fund's performance compared to its Benchmark has been nothing short of spectacular.But the biggest strong point AGAINST the Power Stocks is, the Tariff is regulated by the Govt of India and also there is a limit on how much you can earn. So, while the potential is huge, the profit margin is limited thus limiting your profit too.Sector...
Monday, 1 June 2009
Equity returns minus the volatilityBIRLA SUNLIFE FREEDOM FUNDFocus is on Delivering Low Volatility Equity ReturnsBACKGROUND :Equity Market Linked Returns tend to be very volatile and bumpy, yet its Long Term Returns are too attractive to ignore it. For investors, Greed and Fear play a huge role in determing their returns. Fear prevents from Buying at lower levels and Greed prevents from Booking Profit at High/Unreasonable levels.This dilemma is what Birla sunlife Freedom Fund tries to solve.FEATURES :Birla Sunlife Freedom Fund aims to1) Buy, Hold...
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