MF Investment Help

re: Choosing b/w Select focus fund and Birla Frontline fund

Posted by : Mayekar

Thank you wise friends for advice.

the amount is more than 1000 per ECS per fund. i am already doing 4 SIP per month per fund

With 7 funds risk is of having more number of funds... though goal of having 70%+ investment in large cap will be achieved( portfolio re balancing after recent lows)

stopping SIP in contra now will leave me with investments in contra fund for 08 only which will take longer to redeem . Better i continue in 09-10 , average.since i am having spare to invest???

as rightly said, it is difficult to remain in top quartile of performing funds always

thanks
-mayekar

Tax Form 15G

Posted by : netdo

Can one use Tax form 15G to prevent TDS at the time of redemption of mutual funds that were profitable investment? Thanks.

Growth or Dividend option

Posted by : Guest

Hi,

I am planning start SIP in few MF`s but confused whether to go for growth or dividend option ( pay out or re-invest). My investment period would be long range ie. 2 to 3 years.

Please clarify.

Thanks

Suresh

MF invest help required

Posted by : Guest

Dear Sharmaji,

Thanks for your valuable advice, kindly let me know whether I go for growth or dividend reinvestment as currently all my mf`s are div re-invest.

Thanks

Manish.

re: Choosing b/w Select focus fund and Birla Frontline fund

Posted by : drclpatel1975

Dear Broaders...
one of the plus point for SUNDARAM SELECT FOCUS is that it allows SIP of rs.250 per date for 5 dates in a month.Same can be done by STP from debt fund to select focus.better choice to counter volatality if u want to start with 1000-1500 per month apply for all 5 dates ina month.I think rest all AMCs ( except RELIANCE, ICICI...) minimum SIP maount is 1000rs.
DR CHANDRAKANT L PATEL

child ULIP or M.F

Posted by : moin000

Dear Respected Boarders,I am planning to invest3 lakhs for my grandson who is 2 months now for 17 yrs.At current scenario which is advisable?Child ULIP plans or M.F(Equity)Please mention the funds to be invested.

MF invest help required

Posted by : pcspune

Dear Manish,

Past Performance of all 4 Funds is Excellent.

In Future these Funds may Deliver Above Average Returns.

Following Largecap Oriented Funds are likely to give GOOD Returns in next 1-2 years.

DSPBR Top 100 Equity Fund
DWS Alpha Equity fund
HDFC Growth Fund
IDFC Imperial Equity Fund
KOTAK-30 Fund
Sundaram Select Focus Fund.


P.C.Sharma

2008carnage in MFs n sal.cuts(or hikes)2fundMgrs

Posted by : kaush_k

simple solution.

invest some portion (15-20% of your equity portfolio) in a index fund, e.g. the uti master index fund has no entry load, the yearly mgmt expenses is less than 0.75% and the index fund has 30 blue chip companies , the stocks selection is diversified and the returns outperform more than 50% of the diversified funds in 1-3-5 year timeframe most of the time.

Look at the top 25% funds in the last 10 years and see how many have managed to beat the Sensex...the answer is self-explainatory.

the reason this fund is not sold aggressively is the brokers don`t get much comission on it.

See over 12% returns from income funds: Dhirendra Kumar

Posted by : chief_kamani

Dear sp.palo,
I am invested in JM Small and Mid Cap Fund,managed by Mr Sandeep Sabharwal!!By looking at its cureent NAV,I am certain my hard earned money has been turned into trash!!Rs100=Rs20/-Only!!I am cursing myself to have invested in JM Small and Mid Cap Fund,managed by Mr Sandeep Sabharwal!!Will I ever recover???

2008carnage in MFs n sal.cuts(or hikes)2fundMgrs

Posted by : Guest

The Mfs have started imposing further fines (loads)on investing public by upping entry loads to eq funds and upping exit loads of debt/income funds. Firstly they have no face to hide after their funds lost from abt 30% to 80% in 2008’s tsunami. When public thought they will put in debt funds they r hiking exitloads any time they feel like(even after publishing their monthly factsheets too. )now this latest whitelie (alibi )by Fideliity.as below
A Fidelity spokesperson said: “We have explored the impact of this increase on investors before making the change. It is our experience that stiffer loads usually mean lower churn, which helps given that investments in equities are for the longer term. Can anything be farther from truth?All AMCs shd give wide publicity what salary cuts(or is it hikes at investors expense) they rewarded these fin wizards in 2008 after the carnage.Enough is enough!

child ULIP or M.F

Posted by : ashalanshu

Dear Moin000, As u r the Grandfather of the child, it make sense to invest in Eq. funds as ur main aim is to accumulate a corpus for ur grandson`s future education expenses. Here is my take.

First of all out of ur 3L Rs. make 6 parts of 50K each. Now invest the each 50K part in following Liquid plus funds.

1. HDFC cash management savings plus retial
2. DSP BR Liquid Plus
3. Birla SL Liquid plus
4. Sundaram Liquid plus
5. Reliance Liquid Plus
6. IDFC Liquid Plus

Now apply for STP (systematic transfer plan) of 1K Rs. per week from above liquid plus funds to following Eq. funds.
1. HDFC Top 200
2. DSP Top 100
3. Birla SL Frontline Eq.
4. Sundaram Select Focus
5. Rel. Regular savings fund
6. IDFC premier Eq. fund

From the above list of 6 Eq. funds, First 4 funds r predominantly Large cap funds. Rel. Reg. Fund is a multicap fund & IDFC Prem Eq. fund is a midcap fund. Due to weekly SIP of 1000 Rs. ur all money `ll be invested within a year.

But wait, The most important point is here. As ur Grandson is only 2 months old, in all probability he doesn`t has a PAN CARD. So My advise is to first invest under ur name, declare ur grandson nominee & at the same time make ur will with clear writing that these MF investments are meant for ur grandson only. After declaring these MF investments, u `ll be assured that once u r no more, the benefits of these MF investments `ll reach to its intended beneficiary.

If u don`t want to make ur will, in that case u `ll have to invest this amount under ur GrandSON`s parent`s name to avoid family disputes later on.

Thanks

Ashal

See over 12% returns from income funds: Dhirendra Kumar

Posted by : chief_kamani

Dear sp.palo,
I am invested in JM Small and Mid Cap Fund,managed by Mr Sandeep Sabharwal!!By looking at its cureent NAV,I am certain my hard earned money has been turned into trash!!Rs100=Rs20/-Only!!I am cursing myself to have invested in JM Small and Mid Cap Fund,managed by Mr Sandeep Sabharwal!!Will I ever recover???