Chief, i am not much worried about rate hike.It seems that more than the markets,the analysts in cnbc is more worried about rate hikes.Don`t blame them , they have to run their shop.,IN 2008 when the market was at 21000 ,the repo rate was at 7.75%.Now even after the increase it is 5% only.A lot of room still left for upmove.I am not worried about inflation also.We can not keep the rate of of rice and onion at rs.5 forever.Let it increase and let the farmers also make some money.Think about inclusive growth.,In 80`s a cup of tea was sold at 10 paise per cup.Now it is 5 rs.per cup.How many of us stopped drinking tea because of this.,In US the same cup of tea is sold for 50 rs(converted to INR).When we start selling tea at rs.50 we will be called a `SUPER POWER`...

One thing is sure about this share and that is it will hit 100 mark anytime after 6 months and before 2 years. This share will halt after every Rs. 10 rise. Next halt will be 40 after hitting 47-50. Promoters are making crores in share dealing which is much more than Guar profits and that is the reason for the relisting. You call management by whatever name, now onwards the share price will move up gradually and will keep halting after every rupees 10 rise......

Hi PC, How about ICICI TaxPlan and Sundaram Select Mid Cap funds..?...

Thank you so much Sharmaji. Just wanted to check the concept of how it works using my HDFC Security demat a/c. Is there any special procedure or some kind of online instruction for the fund house to transfer from STP funds on monthly basis as SIP to equity funds? best regards Arup ...

I accumulated Rs. 50,000 over a period thru` SIP in Reliance Growth. Going forward, would you recommend to continue on this fund or IDFC Premier? Thanks akar...

dear sir, thanx.i am alredy investing in the following: 1. LARGE CAP FUNDS--- A) 2000/- each in DSP BR top100& HSBC equity VIA SIP B)HDFC TOP 200 VIA WEEKLY STP of 1000/- from a debt fund 2.MULTICAP FUND---DSP BR EQUITY 2000/-VIA SIP 3.MID &SMALL CAP FUND---IDFC PREMIER EQUITY VIA SIP 2000/- 4. BALANCED FUND------HDFC PRUDENCE VIA WEEKLY stp of 1000/-from a debt fund pl help me weed out the laggards amongst them so that i can start fresh sip/stp in birla sn frontline equity & birla sn 95.if STP pl suggest a debt fund WTIH INTEREST RATE SCENE IN MIND SECONDLY PL ELABORATE :OPT FOR DIVIDEND TRANSFER SUGGESTED BY YOU ALTHOUGH I CONTINUE WITH GROWTH OPTION IN ALL SCHEMES THANKS DR.SUMEET ...

The report dt 15th,March,2010 in Business Line about Mega solar projects makes for interesting analysis of the future of the solar power sector.I reproduce below excerpts of the same. " Govt counts on PSUs to drive mega solar projects : Feasibility study under way for setting up plant at Leh, Kargil.Green energy thrust ONGC to start off with a 10 MW solar PV plant with plans also for a solar thermal project NTPC takes up grid interactive 15 MW solar thermal-based projects at Anta in Rajasthan The Centre is counting on the public sector brigade to execute capacity on large-scale grid connected solar power projects. ONGC, NHPC, BHEL, and NTPC are among the front runners. Hydrocarbon major ONGC is looking to start off with a 10 MW solar photovoltaic (PV) plant, with plans for a solar thermal project also on the anvil. Official sources told Business Line that “the company is exploring sites at Goa, Rajasthan and Gujarat for its solar PV project.” “The company has already appointed a consultant for the purpose,” an official said, adding that “ONGC Energy Centre has launched research projects in several new alternative sources of energy, including solar thermal projects”. NTPC Ltd has also readied a roadmap to enter solar power generation business for capacity addition of 301 MW by March 2014. 190 MW will be added through solar thermal technology and the balance 111 MW through solar PV technology. As a first step, grid interactive 15 MW solar thermal-based projects are being taken up by NTPC at Anta in Rajasthan, which is the first of its kind in India. With deployment projects being prioritised in areas where grid connectivity is not easy, the Government is working on plans to use solar energy.A group, comprising officers from BHEL, NHPC, and Central Electricity Authority (CEA), has been asked to prepare a feasibility report. The group will identify sites for installation of solar photovoltaic plant at Leh and Kargil. The Government has proposed setting up solar, small hydro and micro power projects at a cost of Rs 500 crore in the Ladakh region. The Expenditure Finance Committee (EFC) has already considered the proposal of the Ministry. It is now in the process of moving the Cabinet. “We hope to start implementing the project from June. The project will be implemented in three years,” an official said. The plan envisages 30 small/micro hydel projects aggregating 23.5 MW capacity, setting up of about 300 SPV power plants of 5-100 kW capacity, 2,000 SPV home lighting systems and about 40,000 solar thermal systems such as water heating, solar cookers and solar green house. MY COMMENTS : With Government now coming out with concrete measures to promote solar energy, the solar energy plant manufacturing Units in India are likely to benefit in the medium to long term considerably. We will need to watch out their progress and make our own investment decisions....

If your Insurance cover is less than
Rs.5 Lacs,you should not pay Further Premium.

Charges in Metlife Plus are Average after
1st year.

DONT Withdraw money due to surrender charges ( till 10 years ).

Fund Performance of Metlife is just OK.
If you monitor Funds & LEARN / Implement asset allocation by switching of Funds you may improve Returns.

ULIPS should be taken for higher Insurance Cover & not for Higher Returns until you Implement Asset Allocation.

YOU NEED NOT Invest in any CHILD PLANS of any Mutual Funds. In LONG TERM Better managed Equity Funds are Expected to generate Better Returns than Child Plans of Mutual Funds & ULIPS.

You may consider to Invest in any of Following Mutual Funds with FREE Life Insurance.

- Birla Sunlife CENTURY SIP in
BSL Frontline Equity Fund.

- Reliance SIP-INSURE in Reliance Regular
saving Fund ( Balance).

- KOTAK STAR KID with SIP in KOTAK
Opportunity Fund.

P.C.Sharma


...

Dear Akhil,

There may not be any ONLINE TRADING Service Provider to meet your Requirements.

Instead of Charges,you should look for ease in operation ( Software efficiency)
& REALIBILITY ( Chances of losing the money due to Frauds by Staff / Bankruptsy)

Broking Advices of any Broker may be correct upto 60-70% only. You should also apply your Mind whether to follow Broker Advice or not.

I have been using ICICI Direct since last
7 years because of Realibility & ease of operations although Charges are high.

You can check Reliance Money /Bajaj Capital if your Transactions are high.

P.C.Sharma



Instead


...

Performance of ICICI Tax Plan is not consistant.

Its Peformance was Excellent in 2005 & 2009.

Its Performance was below Average in 2006, 2007 & 2008.

Its current Performance is very Good.

If somebody wants high RISK & High Returns Fund,ICICI Tax Plan is OK.

Performance of Sundaram Select Midcap is more consistant.Its higher AUM(1868 Crores)
mkes it lesser Preferred Choice in comparison to other GOOD Midcap Funds like SUNDARAM S.M.I.L.E. , IDFC Premier Equity Fund etc.

P.C.Sharma...

You may Discontinue further Investment in ICICI Infra & Reliance Tax Saver Fund.

You may consider Investment in following Funds.

- HDFC Top 200

- IDFC Premier Equity/
IDFC Small & Midcap Equity Fund

- Sundaram BNPP Tax Saver Fund

- CANARA Robeco Equity Tax Saver Fund

- Birla Sunlife Tax Relif `96

P.C.Sharma...

I had been using ICICIDIRECT for MF Unit Purchases since 2004 ( Not through DEMAT Account) & such Facilities are Possible.

I expect STP may be Possible in HDFC Securities ( may not through DEMAT Account)also but I am not sure.

Try yourself & if neccessary,contact HDFC Securities call centre.


P.C.Sharma...

Performance of both Funds is very Good.

You may discontinue further SIP in Reliance Growth Fund but RETAIN the Existing UNITS in this Fund.

Start Frsh SIP ( Minimum Rs.2000 P.M.) in IDFC Premier Equity Fund.

P.C.Sharma

...

You may Discontinue further SIP in HSBC Equity Fund & continue all other SIP.

Invest in Birla Sulife Dynamic Bond Fund Regular -Growth & opt for STP in BSL Frontline Equity Fund.

If you OPT for Dividend Transfer Plan,you will not get Cheque when Dividend is Declared. Instead,amount of Dividend will be Transferred to any DEBT scheme chosen by you say BSL Short Term Fund.


P.C.Sharma



...

One has to be Dynamic in every FIELD of Life including Investment Decisions.

I offer my Comments on case to case basis.

There may be a Person who has no Time to monitor Investments. There may be some other Investor who may have TIME as well as interest to actively monitor & manage Portfolio & open for learning & EXPERIMENTING.

There may be a Person who wants to Invest 5-10 Lacs & other who want to invest only Rs.1000 - 2000 per month.

Same Rule may not be applicable for all Investors.

If you are well informed Investor & Actively Manage your Portfolio there is no harm in IMPLEMENTING Asset Allocation / Rebalancing & Churning the Funds(from Under
Performing to Better Performing Funds).

I believe in EFFECTIVE Monitoring & Dynamic
Balancing of MF Portfolio / ULIPS etc.

You have to finalise your Stratagy considering availailability of time &
willingness to learn/Experimenting.

By under Performance,I mean Below Average Returns for 2-3 Quarters continuously.

I dont see anything WRONG in HOLDING underperforming Funds for 2-3 years with the hope that these Funds are Capable to outperform in Near Future. HDFC EQUITY Fund is one such Example.It under Performed
in 2007-2008 but Out Performed Recently.

I even Prefer SIP in Volatile Funds(Midcap
/ Small Cap Funds).

P.C.Sharma.




...

If you want to Invest for 10 years, DSPBR Equity Fund is Better Option.

It is multicap Funds & had generated Better Returns than Average Equity Fund in all CALENDER YEARS since 2003.

It Reshuffles Portfolio between Largecap & Midcap as per Conditions of Market.

P.C.Sharma


...

Dear Mr. Kaushik,

You should ADOPT ASSET ALLOCATION. Try to achieve Asset Allocation of 50% in Equity & 50% in DEBT Mutual Funds(like HDFC High Interest Short Term Fund).

To start with,start booking PARTIAL Profit
in individual shares one by one if it gives you 20% above COST PRICE.

Continue Booking Profit for next 1-2 years
& keep Transeferring Profit in DEBT Mutual
Funds till it becomes 50% of your Investments.

NEVER Exit Equities completely.

Whenever Equities go Down,transefer money from Debt to Equity.

Similarly when Equities go up Book PARTIAL
PROFITS & switch the Profits to DEBT Funds
to make 50:50.

In this Process you DONT have to TIME the Market. It is Simple MATHEMATICAL Calculation of BOOKING PROFITS.

Best Wishes,

P.C.Sharma





...

You should study DEEPLY the Expences & Returns.

Following ULIP is Cheaper than most of the TERM Plans if CAREFULLY Planned.You can take Insurance Cover for Max. 25 Years.

Birla Sunlife DREAM Plan with MINIMUM 100% Guarnteed Benifit of Rs.75000/- only.

It is costlier if you select Higher GB.

P.C.Sharma


...

Dear mcee,

DONT Take any Pension Plan of any Insurance Company Due to higher Charges, Very POOR Annuity Returns(5-6% per year ) & Adverse Income Tax Laws.

Invest in Diversified Equity Mutual Fund by SIP & OPT for SWP after Retirement.

P.C.Sharma...