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Hi,
My wife started investing in gold when my daughter was born. I could only buy 1 gm per month. We started with 1 gm per month of the gold wire rings every goldsmith sells as pure gold. As our buying power increased, we kept on buying more every month. Now for last few years we have found that there is a sort of Bhishi, where you give 11 cheques,one per month & the goldsmith will put the 12th installment. You buy gold at market rate from the shop. This gives about 8% rturn, higger than your FD`s and allows me to buy gold biscuit. I suggest you buy real gold instead of ETF`s & Gold funds. I prefer buying gold in 50 gm or higher size biscuits. These are guaranteed pure form and can be sold or used for ornaments later.
You can look at gold as a parallel investment, just like bonds or stocks. Steady and sure returns.
Regards...
Hello,
If I have demat accont from one bank and Want to purchase Mutual Fund from other fund house.
What will be better, purchasing online through Demat or Directly contacting Fund House?
I had information like, Purchasing through Other bank`s demat may lead to pay extra commission.
Please clarify....
Hi,
I am having SIP for the following funds:
SUNDARAM BNP PARIBAS SELECT FOCUS - DIVIDEND RS. 1,000.00
HDFC GROWTH FUND - DIVIDEND Rs.1000
DWS ALPHA EQUITY FUND-DIVIDEND OPTION : Rs.1000
DSP BLACKROCK TOP 100 EQUITY - DIVIDEND RS.1,000.00
KOTAK 30 EQUITY SCHEME - DIVIDEND Rs.1,000.00
HDFC PRUDENCE FUND - DIVIDEND PLAN Rs. 1,000.00
All the SIPs are getting over in Dec09, please let me know whether I can renew the above for one more year or need to change, please advice me as I can invest only Rs.6000 per month.
Regards,
Suresh
...
I invested around 3 lakhs in HDFC Equity, Reliance Growth and Magnum Contra Funds. Now i would like to start an SIP for the same above mensioned 3 funds. Is my choice is right? Can i continue invest in the same fund? Please advice....
i have invested Rs 10000 in axis mutual fund is it correct?...
what is the position of my investment...
Dear Friend, As not much info is there in ur post so in my view in general u may start ur SIPs in following funds.
HDFC Top 200
DSP Top 100
REl. RSF Eq.
Thanks
Ashal...
Dear AVSing79, For the kind of return u r asking for within such a short term (1-2 years), in my view plz. don`t invest at all in Eq. MFs. The reason is simple, within next 1-2 years the market volatility may throw all ur plans of a high returns out of the window.
Invest in Eq. MFs only if u r ready to commit money for at least 4-5 years & that too with a conservative returns expectations of 12-14% only.
Thanks
Ashal...
pls tell me some tax saving mutal fund...
It is always wise to keep some portion of your assets in debt funds and never
sport an all-equity portfolio.
With rates set to rise, there is no point in taking any interest rate risk right now.
Avoid long-term duration funds.
Investors should now consider short-term bond funds.
Consider long-term debt funds when interest rates are at a high or have
peaked.
When interest rates do rise next year, more fund houses will come out with
Fixed Maturity Plans (FMPs), which can also be considered.
2010 will be far more volatile for the debt market than 2009 was. The RBI will
start with a CRR hike before moving on to a rate hike.
Courtesy: Mutual fund Insight Magazine Nov. Issue
Regards,
Wadia...
In a 1-year time frame (as on October
31, 2009), AIG World Gold Fund has
been the best performer, followed by
DSPBR World Gold Fund. Not surprising,
looking at the way the price of gold
has rallied. However, if the funds’ performance
is taken in view of the bull
rally, then AIG World Gold Fund has
delivered a mere 29.37 per cent return
while DSPBR World Gold Fund has
returned 27.45 per cent.
The largest fund is Reliance Natural
Resources Retail (Rs 4826.70 crore),
the smallest is ING Global Real Estate
(Rs 2.06 crore).
Among Fund of Funds (FoFs), ICICI
Prudential Indo Asia Equity has delivered
the highest with a performance of
87.47 per cent during the bull rally. But it
fell 50.89 per cent during the bear run.
Templeton India Equity Fund has benefited
the most from the bull rally.
The asset management company (AMC)
with the most international schemes is
Birla Sun Life Mutual Fund.
In the 1-year period between October
2007 and October 2008, 19 international
funds were launched in India.
Courtesy: Mutual fund insight Magazine Nov. issue
Regards,
Wadia...
Dear Experts,
I`d like to add a debt fund to my portfolio to rebalance it once a year. Could you suggest a good debt fund? Could you also tell me why it is good?
Thanks in advance,
Ram...
selling 35% stake is good or bad news for suzlon...
Select the top 5 Equity Diversified Funds and invest in all 5 funds @ 20% in each fund. Suppose you want to invest Rs. 5000 per month then invest Rs 1000 per month in each fund ranking top 5 but only rated funds no unt rated one. Never invest in a single fund....
dear guest, you can invest in reliance growth ...
