Guys, gr8 thread.. hope to get some good gyan here
What do you think about Petronet LNG and Welspun India, from a medium to long term perspective?
my opinion would be not to get worried by looking at what the media says.
Consider this:
When the Sensex comes down by say 50 points ( which is 0.5% btw...0.5% is a small number..anywhere..unless you are talking about a aerospace project!) all the pretty young things on CNBC and Profit start jumping saying "ooh the market has "crashed" today morning. 50 points is nothing. You only need to start worrying when this downturn is repeated every morning.
Again..so next time you see rediff with the headling---markets crash by 86 points..ignore it!!!
Totally....and infact a market going up continuously is dangerous!!!!
there has to be some balance.....
ive been hearing since 6800 levels by these technical analysts that a healthy correction is expected anytime soon.....some of them not advising investors to enter....and to look at it now!!!
Hey folks,
Could someone elaborate on the distinction between open-ended and close-end mutual funds? Not satisfied with the investopedia answer.
Hey folks,
Could someone elaborate on the distinction between open-ended and close-end mutual funds? Not satisfied with the investopedia answer.
Fairly simple. Just like any company stock has a Initial Public Offering (IPO), mutual funds have a period called New Fund Offering (NFO) where each unit is sold at Rs. 10.
For ex: till January 30th you can buy units in SBI Blue Chip Fund for Rs 10 since its in the NFO period.
Closed End Mutual Fund: In such a fund you cannot buy into the fund after say a year or so. If you missed buying it during the NFO period you cannot buy it into it later. The Franklin Templeton Small Companies fund was a closed end fund. Meaning, you cannot buy into the fund one year from now .(you can exit from it but you have to pay a nominal fee).
Closed ended funds are mostly for seasoned investors.
Open End Mutual Fund: In this type of fund you can buy into it at any time. Most funds are open ended funds. This way the total size of the fund can actually increase or decrease depending upon the whether people are buying or selling.
The advantage?: For the customer: this way you can actually wait and see how the fund is doing ( if it is showing good returns and the manager is sticking to the fund profile and so on) and then buy it.
Last month I bought some units in the Reliance Mutual Growth fund. its doing well and has shown excellent results over the last 2 years. I would rather buy a well proven fund than a new one (unless I am convinced it will do well).
Hope I got that clear!!
Fairly simple. Just like any company stock has a Initial Public Offering (IPO), mutual funds have a period called New Fund Offering (NFO) where each unit is sold at Rs. 10.
For ex: till January 30th you can buy units in SBI Blue Chip Fund for Rs 10 since its in the NFO period.
Closed End Mutual Fund: In such a fund you cannot buy into the fund after say a year or so. If you missed buying it during the NFO period you cannot buy it into it later. The Franklin Templeton Small Companies fund was a closed end fund. Meaning, you cannot buy into the fund one year from now .(you can exit from it but you have to pay a nominal fee).
Closed ended funds are mostly for seasoned investors.
Open End Mutual Fund: In this type of fund you can buy into it at any time. Most funds are open ended funds. This way the total size of the fund can actually increase or decrease depending upon the whether people are buying or selling.
The advantage?: For the customer: this way you can actually wait and see how the fund is doing ( if it is showing good returns and the manager is sticking to the fund profile and so on) and then buy it.
Last month I bought some units in the Reliance Mutual Growth fund. its doing well and has shown excellent results over the last 2 years. I would rather buy a well proven fund than a new one (unless I am convinced it will do well).
Hope I got that clear!!
It's clear 😃
Dood correct me if im wrong but even for close ended funds you CAN buy after the NFO period, well not directly from the company but always from the secondary market. Right or wrong??
so after Bartronics has listed around 120rs....its a decent gain..
hows Royal orchid hotels IPO lookin at rs 150-165??
infy has really taken the toll...
InspiredByDope SaysDood correct me if im wrong but even for close ended funds you CAN buy after the NFO period, well not directly from the company but always from the secondary market. Right or wrong??
YES! Am very sorry I missed that point out.
Well im a newbie in the market and wanted to play safe with 6000 odd bucks and decided for mutual funds to start with... Guys i have done some research and stuck on some points...
1] Whats more advisable? Investing greater amounts in a single scheme (returns if at all, will be more) OR to split my basket say 3000 each in two schemes to spread the risk thin?
2] Im more inclined to go for Equity Diversified schemes rather than the tax savings/debt types? Its Ok na? And yes I do have an appetite for risk if you want to ask
3] There are some new MFs in the market. What are you guys doing? Which MFs are u investing in? The old established ones or these new ones like Fidelity/ SBI Blue Chip et al... I read there analysis and every damn fund looks rosy enough to me
Confujiya gaya hoon yaar!!
hi dudes and dudettes(if any in this thread
).. well i get about 20k.. and i want max returns in 6 months--want to make it (4X or 5X)
ok.. ok.. 2X,1.5X would also work.,..
i think equity markets are best source to make money(with the help of experts like u 😉 )...
well i am confused should i go for
IPO's (BOB in pipeline.....)
or should buy shares of jet airways,reliance,ITC,IDFC etcetra
if soemone can help me out.. i only want to buy A category shares...
:...
Well im a newbie in the market and wanted to play safe with 6000 odd bucks and decided for mutual funds to start with... Guys i have done some research and stuck on some points...
1] Whats more advisable? Investing greater amounts in a single scheme (returns if at all, will be more) OR to split my basket say 3000 each in two schemes to spread the risk thin?
2] Im more inclined to go for Equity Diversified schemes rather than the tax savings/debt types? Its Ok na? And yes I do have an appetite for risk if you want to ask
3] There are some new MFs in the market. What are you guys doing? Which MFs are u investing in? The old established ones or these new ones like Fidelity/ SBI Blue Chip et al... I read there analysis and every damn fund looks rosy enough to me
Confujiya gaya hoon yaar!!
Firstly, smart thing to do. Always better to Start with mutual funds. And then move to stocks once you feel you have the knowledge and the courage to do so.
1. Always better to spread your investment. I would suggest you do that.
2. I would suggest (finally its up to you!) that you choose one equity diversified scheme and the other as a balanced scheme. If you are earning right now I suggest you go in for a Systematic Investment Plan (SIP) where you can invest a presepecified amount every month into the fund. This way you beat the volatility of the market.
3. Usually I don't go for NFOs. Always better to pick funds that are proven.
With regards to the fund: If you look at the list of equity diversified funds you will find that some stocks like ONGC, TCS, Infosys, Wipro, BHEL, Reliance, M&M; are common to most of these funds. And I believe it's the good performance of these companies that it is driving the market.
So you dont have to really worry about which fund you choose (I think www.moneycontrol.com has a good list of the best performing funds by type). Again its a smart move to go for a diversified fund than a sector specific fund.
I am staying away from SBI for sometime because their best fund manager recently left the company and has moved on. But then thats my view!
two more things:
1. Always monitor your fund. Atleast once a month. Any fin website tells you all the latest fund news. I do it every fortnight. This is as important as picking the fund itself
2. When you pick your fund (if you are going in for an existing fund) make sure you just dont look at the last one years performance. Look for something that has delivered consistent results over 2-3 years!
Also, for obvious reasons: dont choose a fund with a lower NAV than a fund with a higher NAV because you get more units 😛
AARGGGHHHH!!! Just 2 minutes back I bought SBI Magnum Global Fund -Growth depending on my R and D... and i hear this!! Anyway ill learn by falling if at all... Thanks for the gyan doood!! Will keep seeing you here in the future...
guys
help me out. i have 1 lacs in my acct which i want to invest ij ipo. out of it have invested 12k in rayon spiing ipo. shd i invest in bob and other ipo?
also i have 60 microinks@645 which has now faleen to 610. what shd i do ?
??:
Edit: Twin Post !!
guys
help me out. i have 1 lacs in my acct which i want to invest ij ipo. out of it have invested 12k in rayon spiing ipo. shd i invest in bob and other ipo?
also i have 60which has now faleen to 610. what shd i do ? ??:
hey, buddy ... please edit your post to remove your email id. (Against the forum rules). Just ask junta to PM you if theyt have suggestions :)
Here's a website suggested to me yesterday by our PG Samsite.
Most ofthe visitors of this thread may know, but I hope to help any newbies of the market like me.
www.moneycontrol.com ... good site.
Well im a newbie in the market and wanted to play safe with 6000 odd bucks and decided for mutual funds to start with... Guys i have done some research and stuck on some points...
1] Whats more advisable? Investing greater amounts in a single scheme (returns if at all, will be more) OR to split my basket say 3000 each in two schemes to spread the risk thin?
2] Im more inclined to go for Equity Diversified schemes rather than the tax savings/debt types? Its Ok na? And yes I do have an appetite for risk if you want to ask
3] There are some new MFs in the market. What are you guys doing? Which MFs are u investing in? The old established ones or these new ones like Fidelity/ SBI Blue Chip et al... I read there analysis and every damn fund looks rosy enough to me
Confujiya gaya hoon yaar!!
Just wanted to share my experience of also entering the market with rs 6000!!! in July 2005. I think one's gotta make a clear distinction bet how much money one wants to allocate towards actually investing for growth(for the long run)eg:MF schemes and the amount that one would wanna put in direct equity when one is new to the market and is just learning. The problem i faced was with the starting amount was of it being too small as many funds had a minimum invesment of rs 5000. Reworked calulations and upped my bets of MF's and they have yielded good returns without going thru the pains of which share to buy @ what price.
1. Spreading ur investments into 2 or even 3 schemes is a good thing and along with it SIP help would one to not only ride the volatility but also offers one the potenial to have another scheme or theme to his/her MF portfolio.
2.Since u did mention of having an appetite for risk and if I were to start now I would try and up my bets on MF's and not have rs 3000 split into 2 good schemes (as many good require a minimum rs 5000) but would go for an SIP in 2 schemes which then offers me the advantage of diverisfying my MF portfolio and riding safely through the volatility.
3.Ask any MF watcher/follower and they would always advice to have funds with proven track record over a period of 2-3 yrs. and understandbly so. Me was scared to put money into PRIMA funds of the world when the NAV is rs 170!!! and other funds coming out with rs10. But its out perfomred many NFO'S during the same invesment horizon. I guess the whole logic of investing in established funds is clear if one were to see funds that have let's say done well 2-3 yrs back r also the same funds that one would find in he best perfoming list even today on a 1 yrs return basis.
Although in my view SBI's peformance was a flash in the pan(not taking any credit away) as being an old fund house many of it's schemes have touched rs 25-rs30 within a 10 yr frame whereas many good schemes have gone to rs 90 odd or rs 45-50 in 4-5 yrs.eg: Contra launched in 1999 now is rs 26 after 80-90% appreciation. Also like mentioned b4 the fund manager Sabrwal is said to haved moved to Lotus India AMC. But NFO's like fidelity are not to be missed as they have a proven track record in many markets in the world like Templeton and no wonder today it's the larget equity diversified scheme in terms of AUM.
for all who wanna go 4 IPO's
Royal orchid hotels IPO is a gud buy...all r recommendin a buy...
i m really surprised 2 see the market price of EDUCOMP..a recent ipo...tradin at about 337rs against IPO issue price of 125rs...
...why didnt i applied 2 it:satisfie:
andhra bank n BoB FPO's r not worth buyin....not much scope of margin..
Though I kind of vaguely understand the difference between Dividend and Growth Mutual Fund schemes, I would like to request an experienced guy here to elaborate on the subject matter. (Growth funds, instead of paying out the dividends reinvest them)
Also, now that we are gonna be discussing mutual funds and other financial instruments too under the same thread why not the moderators rename the thread to something more apt?
Doood what do u mean by not much scope of margin?? kuchh rosni daalen?? I was like thinkin about puttin in money into BoB...