GOLD ETF

A comparison of prices of GOLD ETF on two different dates.

AMC	I DIRECT CODE	18th FEB’11	19th AUG’11	RETURN IN %
BENCHMARK	GOLDEX	1995	2698	35
HDFC	HDFGOL	2028	2773	37
ICICI	ICIETF	2040	2759	35
KOTAK	KOTGOL	1989	2694	35
QUANTUM	QUGOLD	990	1341	35
RELIGARE	RELETF	2070	2799	35
RELIANCE	RELGOL	1928	2574	33
SBI	SBGETS	2020	2811	39
UTI	UTGOLD	1992	2702	36

 

As per the closing price on 19th August’11 SBI GETS gave 39% return over a period of SIX months.

HAPPY TRADING

SBI GOLD FUND

SBI Mutual Fund came out with a NFO (New Fund Offer)

“SBI GOLD FUND”  NFO period Aug 22 to Sep 05, 2011

SBI GOLD  FUND is an open ended Fund of Fund scheme that invests predominantly in the units of SBI GETS  (SBI Gold Exchange Traded Scheme).

The SBI Gets is the highest performed ETF as of August 2011 giving a return of 28% in the last 6 months.

SBI GOLD FUND gives opportunity for investors to invest in purest form of GOLD with all the  GOLD ETF advantage without the trouble having a DEMAT account. Its best for a common man to invest in GOLD in small quantity.

Minimum Investment: Rs 5000

SIP Minimum: Rs 500/ for 12 months and above.

Fund Manager: Mr. Raviprakash Sharma

You may invest thro SIP also.

Invest in this fund.

HAAPY TRADING

Time to START Share Trading

The share market is falling. 

SENSEX closed at 16142 on 19th August.(intraday low was 15991).

In general people feel bad, when market falls irrespective of their holdings value, instead be happy and BUY.

EVERY FALL IS AN OPPORTUNITY TO BUY.

Please understand it is just notional value.

Be happy if you are a long term player and start buying whenever there is a fall.

For New Entrants, this may be a great opportunity to start equity trading.

I am rewriting my earlier post.

• Prepare a watch list of 5 to 10 companies Shares.
• To prepare this 'watch list' watch Business TVs, Talk to your friends who is in trading or your Broker. 
  
• Note down the closing prices of these cos in an excel sheet for 10 days.
• This will give you an idea about the price movements in the watch list.
  Start buying when it is stabilizing at a price.
• keep watching.
  
• Fix a target price and book profit when it reaches the price target.
  
• Book profit and enjoy,  this will motivate you to do more trading.
• Spend at least 30 minutes in a trading day.
• Do trading with passion and multiply your money.

HAPPY TRADING

GOLD ETF

GOLD ETF CLOSING PRICE 16/08/2011

          AMC                                     05/01/2011                   16/08/2011

• BENCHMARK                           1992                               2535.33                                   
• HDFC                                      2040                              2596.64
• ICICI                                      2045                              2596 
• KOTAK                                    1991                              2529.85
• QUANTUM                                 991                              1260
• RELIGARE                                2070                             2615
• RELIANCE                               1936                              2469.56
• SBI                                          2032                             2587.35
• UTI                                          1993                             2530.32

HAPPY TRADING

L&T Fin Holdings Listing

 

L&T Finance Holdings Ltd shares were listed today.

The share opened at Rs 53.85 and 51 at NSE and BSE respectively.

The issue price was Rs 52/

HAPPY TRADING

STOCK TRADING TIPS

BUY AT CURRENT LEVELS

L & T

ONGC

ITC

HINDUSTAN LEVER

LUPIN

LIC HOUSING FINANCE

SHRIRAM TRANSPORT FINANCE

HAPPY TRADING

L&T F H IPO allotment status

L&T Finance Holdings IPO’s  basis of allotment is finalized. Shares were credited to respective demat accounts.

However the details are not yet updated in the  Registrar website.

But one may check status at Registrar site or in their demat account.

The Issue was closed on 29th July’11.

It was oversubscribed 5.34 times, while  Retail portion was subscribed 9.61 times more.

The share price was fixed at Rs.52/

HAPPY TRADING