Mutual Funds - Investment

[vinay]

I have been dealing with mutual funds, if some of you want to know on this instrument then please do write so that i can share my knowledge.

I know there are others also in this forum who are investing via this route, so with their input we will get counter ideas.

V.

 

[venkatcr]

I am certainly interested. Please do tell.

Cheers

 

[vinay]

Returns Better Then Fixed Depsits

Venkatcr

Well mutual funds can generate returns much more then a fixed deposit and is near about risk free if one makes a investment for about 5 years.

V.

 

[santhosh]

Me too wanna learn.

Vinay and others: Please enlighten. Start from basics please.

Thanks in advance!!

 

[vinay]

Mutual Funds - Stock Market - Gold Based Fund

Santosh,

Well the prime mutual funds are the one's which invest in stock market. If someone is looking to invest in gold, there are such funds also available.

With such investment there are some risks, if the market rises or falls, our returns will reflect accordingly. If we are investing on long term, then the risk is as good as nothing.

V.

 

[suri]

dear vinay,

Is there a VIDEO about this?

(to make sure that this hot topic is
AV and HIFIVI related)

 

[vinay]

Suri,

I will give you the video when i meet you.

V.

 

[anm]

Vinay, what are good funds for retail customers like us with fixed returns (like an fd) with a 1 or 2 yr horizon - so that we save tax on returns.

Also what strategy would you advise for exiting market and re-entering?

 

[ajay124]

A comprehensive site for Mutual Funds.
http://www.valueresearchonline.com/

 

[vinay]

Returns Better Then Fixed Depsits

Anm,

At this point of time i think fixed deposit (FD) returns can outshine the returns which a debt mutual fund will give so it is better to stay with FD.

If you are willing to take limited risk, i can suggest you a fund provided the investment is for 2 years. The fund which i will propose could give you returns slightly better then a FD.

All times are good to enter in equity based mutual funds.

About exiting the market, it will depend upon the kind of profit you are looking for.

V.

 

[vinay]

What Is Mutual Fund All About

About the web page which Ajay has mentioned, if one can surf daily 15 minutes, then within a few months one can have a good hold of what is mutual fund all about.

V.

 

[ssf]

Ajay has mentioned one of the best sites there are for information on Mutual Funds. ValueResearchOnline.com

From dependable star ratings to very good advice on investments, this site is probably the only site one needs to start investing in MF's. I have on occasions purchased their Magazine online which has found it's way into most Investment Advisors Desks.

This is where members interested in knowing about MF's should probably start.

Learning Center - Value Research Online

Regards,

Sunil

 

[vinay]

Sunil,

In-fact the site in question is not one of the best, but is the best and since last many years there is no one to overtake them.

It is very true in your writing that there is so much to benefit from their reading in form of star rating's etc.

I think one should not get into the magazine because all the details are already available on their web page. Further i think one should avoid the clutter of a magazine.

V.

 

[ajay124]

Myiris is also a good site for stocks/mutual funds/maitaining portfolios.
Myiris.com - Personal finance India for shares, stocks, equity, mutual funds, loans, credit cards, insurance, tax, mutual fund NAVs, BSE, BSE India, NSE, NSE India, share, mutual fund, loan, company results, credit card, and more...
Moneycontrol.Popular.Bursting with information.But cluttered.They need to clean up the site and make it more attractive visually.Most Indian websites suffer from the flaw of trying to put too much on the page.The really classy sites in my opinion are the ones which give you everything you want to know,without clutter or 'crowding in'.
Indian Stock Market >> Sensex >> Nifty >> Stock Prices >> Stock Recommendations >> Hot Stocks >> Stock Market Investing >> BSE >> NSE >> Derivatives >> Market Statistics >> Most Active Shares >> Penny Stocks India >> BSE index and securities informat
Seems like Moneycontrol has already done a bit of cleaning up.Opened this site after many months and it's sporting a new look.

 

[vinay]

Web Pages

Ajay,

Indeed these web pages are good namely myiris, moneycontrol, etc but there are no web pages which can beat the site you recommended "valueresearch" (VROL).

Therefore at this point of time i think we should stick to only VROL, where members can take a brilliant knoweldge about MF.

Moreover the web pages you mentioned are also into stocks, etc. My idea is to feed the members with information based purely on mutual funds, as stocks are much more riskier then mutual funds.

V.

 

[Kittu]

Thanks for taking a step forward by opening this thread. Hope it will surely help members plan their future HT upgrades :lol: ...


Can you tell us about some decent MFs considering monthly investment 10k ?

Target time 3 to 5 years (Hopefully)

Thanks
Kittu

 

[anm]

Vinay - but tax on FD return makes it less attractive. Have you factored that in when you say FDs give better return?
For my major chunk of saving, I would invest in FD for security and liquidity. Will eat into it only when I am making an investment in real estate that may give much higher return. A portion of my savings can go into fixed return mfs due to their higher and tax free returns.

 

[ajay124]

@Vinay
I'm sure advise on mutual funds/stocks will be eagerly sought by 'newbies',but this advise should come with a disclaimer that it is also possible to lose money on Mutual Funds.After all rewards are directly tied to the risk that an investor is willing to assume.No pain No gain.Mutual Funds should not be treated as a fail safe bet.I have a relative living close by who jumped into mutual funds when the Sensex hit 21000 in the first week of January 2008.Like most people who watch from the sidelines as the stocks rocket upwards,she joined the rally when it was actually time to exit!If one surfs the headlines and the predictions made by 'pundits' around that time, one would be convinced that the Sensex was heading for 25000,30000,35000....HILARIOUS!Hindsight is great for laughs,we all know where the Sensex actually went from there.
Back to my relative who invested 25000 each in 4 highly regarded funds(yes highly regarded by Value Research too at that time).As the Sensex crashed to 8100 her 1,00,000 'investment' lost close to 75% in one year.And now that the Sensex regained 21000 on Diwali day,her 1,00,000 investment was still worth only 78,000!And these were all highly regarded funds from top houses with star managers.One investment of 25,000 was still worth only 8500.I wondered what the 'star' manger of this fund has been smoking or drinking through the entire rally which happened from 8100 to 21000.Even a blind pick of any stocks from a hat should have yielded better results!

 

[grubyhalo]

Subscribed!

 

[vinay]

Fidelity Growth India Fund

Kittu,

It is very nice that you are clear about the kind of monies you want to invest but the time frame has to be upgraded from 3 to 5 years, by such acts one can go places in the great world of MF.

To start with, go for investment in Fidelity Growth India fund.

Once you are through with one month investing in this fund, then i shall tell you to invest in which next fund.

V.