Mutual Fund Select

Recommended Mutual Fund Schemes.

These recommendations are based on past returns.

Past returns does not guarantee any kind of returns in future but these funds returns are consistent.

SENSEX was down and on 16th Dec it closed at 15491 points.

INVEST now.

Fund NAV Date: (Growth Option) 16th Dec’11 and Returns on Percentage

FUND	NAV	3 MONTHS	1 YEAR	3 YEARS
HDFC EQUITY	222.787	-6.73	-20.85	28.49
HDFC TOP 200	173.132	-5.19	-18.66	25.31
FIDELITY EQUITY	30.408	-4.67	-15.10	25.34
ICICI PRU DYNAMIC	90.453	-2.93	-14.66	24.03
FRANKLIN INDIA PRIMA PLUS	193.866	-4.43	-11.66	21.91

 

HAPPY INVESTING

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

Pay for Investment Services

I wish to share my views on the article, i read.

click here for the article  Mintmoney

As an investor you have to pay your Investment advisor to get valuable advise.

The most important thing is selecting the Distribution Channel. 

Its like paying your Doctor.

I leave the job of analyzing the channel to the investor.

HAPPY INVESTING

Basics in Investments

There are some basic things to do when you make an Investment.

Give your mobile number and email when you fill up the application.

Give your Bank Account details (Branch, MICR code and IFSC code).

Most important Make a NOMINATION. Nomination helps you as well as the company or AMC or Bank.

Give your PAN number where ever asked.

Listen to your investment advisor and check the web site for correctness.

Follow your investments growth regularly. If it is Fixed deposit, watch the interest rates. you have to act accordingly.

Happy and Wealthy 2010.

Mutual Fund Investment Value

Seasons Greetings

Where can you find the NAV of your Mutual Fund Investment.

You may visit the AMC’s website or you may go to AMFI website. NAV

Register your email address and mobile number when you fill the Mutual Fund application form.

So, if your email is registered you can place a request for email statement online with CAMS  or KARVY .

MORE TO COME

HAPPY NEW YEAR

Wealth Creation

Wealth Creation, what does it mean?

Accumulating money for a future goal. (saving)

It should beat inflation.

There are many ways.

(Bank FD, RD, Company Deposits, Post Office Saving schemes, Insurance Plans, Mutual Funds, Gold and Land) - the order has no significance.

Every one has his own priority.

But all should have exposure to Mutual Fund. One of the best ways to invest in Mutual Fund is SIP. (Systematic Investment Plan).

Small investments made regularly can become Big sums over a period.

An investment of Rs 1000 per month over a period of 33 years (that is from age 25 to 58) shall grow to over Rs 87 lakhs at 15% rate.

START A SIP TODAY

The smart way to invest in stock markets.

• No need to time the market.
• Get better rupee cost averaging.
• Low risk and Better returns.
• Instills discipline in Investing.
• More choice and facility to switch to performing fund. 

HAPPY INVESTING

Start SIP Today

It is time (for that matter any time is good) to start SIP in Mutual Fund.

Now there is no entry load. you gain that extra 2.25% (approx).

Select your AMC ( Asset Management Company = Mutual Fund company), then select your fund.

(you may avail the services of a financial adviser and never hesitate to pay him a fee)

Longer the term the better.

Remember, you can stop at any point of time, by just giving a letter.

Important, NEVER STOP because the market is at its downward trend.
(you MUST buy at lower levels)

It is one of the best ways to build a corpus.

No ENTRY Load – MF investments

Do you know ? ? ?

There is “no entry load”  on Mutual Fund investments from   1st August 2009.

when you invest in Mutual Funds thro’ Financial Advisor, so far, there is an entry load of 2.25% ( even for SIP investments). This is up to 31st July.

SEBI, the regulator ruled that there should not be any entry load on investments from 1st August 2009. There will be an exit load of 1% on redemption.

what the investor should do now ?

wait till the deadline and then invest(after 31st July)?

what the Advisor should do now ?

advise the client not to invest in July’09 ?

what the AMCs should do now ?

close the doors and stop accepting the purchases?

what is actually happening ? ? ? ? ? ?

what is right ?

is there any answer ? ? ?

SIP >> Systematic Investment Plan

Did you benefit from the record rise on ‘Golden Monday’ post election results?

Popular belief is that most of the investors could not benefit from this rally as more often than not,

investments are guided by feeling of greed and fear.

Remember, an investor’s worst enemy is not stock market, but his own emotions.

Only those investors

who remained invested throughout the turbulent period

or

invested when market sentiment was at its ebb

or

continued with their Systematic Investment Plan (SIP) have eventually benefited.

I would like to reiterate,

"It is not timing the market, it’s time in the market that is important".

Wealth isn’t something to admire. It is something you create.

Think of each SIP payment as laying a brick. One by one, you can lay the foundation for secured financial future.

Reliance Infrastructure Fund

The big question is 

Is it RIGHT TIME to invest in infrastructure NOW ?

Yes. one may invest in this Reliance Infrastructure NOW.

Reasons:

1. It is NFO (New Fund Offer). units are allotted at Rs 10 with applicable load.
2. It is Infrastructure. when India Grows Infrastructure Grows and vice versa.
3. Mutual Funds, Insurance Companies, Corporate, FIIs and HNI Investors are waiting in the sidelines to invest in Indian Market so there seem to be no correction in sight.
4. Political stability. Immediate priority of the new Government being revival of economic growth.
5. Lower cost of Debt envisages Liquidity.
6. Valuations of Infra companies reasonable even at this level.
7. I personally feel every NFO is opportunity to save and a step to build a corpus on long term goal.
8. Invest now and hold it at least for 3 years.

HAPPY INVESTING

UTI Wealth Builder II

UTI Wealth Builder Fund - Series 2
It is a rare mutual fund scheme with a combination 3 different asset class.
Its holdings are spread in Gold, Equity and Debt.
It was launched on 19th Nov'08.
Fund Manager Mr. Harsha Upadhyay B.E., PGDM, CFA
NAV as on 6th April '09 is 11.27.
Minimum Investment Rs 5000.
Objective is capital appreciation by diversified investing in Equity,Gold thro Gold ETFs and Debt and Money Market instruments.

ELSS - Tax Planning MF Schemes

NAVs of Some of the Mutual Funds ELSS schemes for ready reference.
Sundaram Tax Saver 22.90
Fidelity Tax Advantage 9.44
Franklin Tax Shield 94.52
HDFC Tax Saver 93.31
Reliance Tax Saver 9.43
HSBC Tax Saver 7.14
ICICI Pru Tax Plan 9.78
NAV as on 6th Feb'09

ELSS - Best option NOW

Among Tax Saving Investments,

ELSS (equity linked savings scheme) is the best option now.

Markets are at a lower(!) level now.

If you buy now, after 3 years (lock in period) the return will beat any other traditional rate of returns.

For tax saving, think of ELSS.

NAV(29th Dec 08) of some of the schemes (Growth option)

• Birla SunLife Tax Plan 7.18
  
• DWS Tax Saving Fund 7.657
  
• DSP Tax Saver 8.048
  
• Fidelity Tax Advantage 9.658
  
• Franklin Taxshield 98.309
  
• HDFC Tax Saver 97.561
  
• HSBC Tax Saver Eqity 7.416
  
• ICICI Pru Tax Plan 55.89
  
• IDFC Tax Saver 7.251
  
• JM Tax Gain 4.250
  
• Kotak Tax Saver 9.425
  
• Reliance Tax Saver 9.829
  
• SBI Magnum Tax Gain 30.60
  
• Sundaram BNP Taxsaver 24.162
  
• TATA Tax Saving Fund 27.62
  
• UTI ETSP 20.99

INDEX FUNDS

Index Funds are from Mutual Fund AMCs

• Funds collected by AMC will be invested in that particular index stocks in the same ratio.
  
• You are buying the index.
  
• It is like Buying a basket of stocks.
  
• Investments in Index Funds are cost effective.
  
• Entry and exit loads are there but very low compared to other equity oriented funds.

Open ended /all AMCs have various index based funds.

Mutual Funds select

SHANs Recommendations

 Scheme NAV on 12dec08

HDFC top 200   87

Franklin Blue chip 95.55

ICICI Dynamic 46

Sundaram Select focus 49.3