Invest only 35000 and get mediclaim 35000 per year up to 9 years and get guaranteed return of Rs 105000 after 9years and 2lac accidental insurance free plus 15 to 20% discount at hotel across India mail me at raju_bagul at rediff dot com or call 9969053133
Invest only 35000 and get mediclaim 35000 per year up to 9 years and get guaranteed return of Rs 105000 after 9years and 2lac accidental insurance free plus 15 to 20% discount at hotel across India mail me at raju_bagul at rediff dot com or call 9969053133
So many times I have heard that buying a fund at lower nav or at higher NAV makes no difference in terms of returns and buying NFO is to be discouraged. The logic do not make any sense to me. The dividends are declared at the face value of Rs.10/- only and the total amount received depends on the number of units held and not on the amount invested. The companies mislead the investors by declaring the dividents in terms of % which has no relevence atall. I have found that buying at the NFO value has given much better results in a span of more than 3 years .
Re: Mutual Funds
by B Subramani on Dec 26, 2009 11:13 AM
You are right as far as dividend income is concerned. One is not sure about the performance a new fund offer. However, in case of existing fund with a good track record the NAV growth returns higher income.
dIVERSIFICATION ALSO INCLUDE TRY NOT TO INVEST IN SECTOR SPECIFIC FUNDS BUT FUNDS WH. INVESTS IN ALL SECTORS,FUND MANAGER IS ONE OF THE CRITERIA,PATTERN OF INVESTMENT OF FUNDAND ATLEAST LAST THREE TO FIVE YEARS PERFORMANCE OF FUND ARE ANOTHER CRITERIA.....NFO IS NOT A GOOD IDEA TO INVEST IT IS ALWAYS BETTER TO INVEST IN TRIED AND TESTED FUND....DONOT PUT ALL UR EGGS IN ONE BASKET.
Re: GOOD ARTICLE......
by Chandraprakasam Arunachalam on Dec 24, 2009 09:20 AM
FUND MANAGER GETS MAX BENEFIT AND THEN AMC/BROKERAGE; IF ANY EXCESS IS THERE INVESTOR IS GIVEN, AS DIVIDENT. CERTAIN FUND MANAGER DO'T DO ANY WORK ON THE PORTFOLIO. THEY LEAVE IT TO THEIR FATE, LIKE JUNGLE RIVER.
You give them money, they give you a statement, then they tell you after some time your money has grown considerably, you go tell all your friends how well your investment has become, meanwhile the people you gave money to are also telling thousands that they are growing money like crazy so a lot more dummies put more money into their coffers, what they don't tell you is that they are growing yesterday's money by making more fools give them money today. The fraud comes to light only when you want to withdraw money, then you realize all the money that you have grown has suddenly shrunk.
Re: Mutual fund industry is a gigantic fraud
by mngk on Dec 23, 2009 11:47 AM
May not be fully true. I have been investing in mutually funds and getting, if not huge, moderate benefits. ~ invest in small portions and diversify in various funds ~ keep an atleast weekly track ~ determine your goal.. say 20-30% or 2 years whiehver comes first. Withdraw after achieving this.
Don't invest all your savings.. for sure. My simple thumb rule - 75% savings to bank deposits and 25% into mutual fund. This can vary on individual's risk appetite.
Re: Mutual fund industry is a gigantic fraud
by kiran kumar on Dec 23, 2009 12:09 PM
You seem not understand the concept of corpus and NAV. Yes when more and more people put in money and get units alloted corpus increases but NAV remains same (or a minor change). NAV is what unit holder owns not the corpus. If they show an NAV but not pay you as much when you redeem, only then you can claim an MF is fraud.
If the case is that your fund manager is incompetent, you cannot classify it as fraud. It is rather bad luck or an uniformed decision on your part.
