All insurers offer unit linked schemes; none to give you a fair idea on fate of your investment. You are left to face your own future. It is better to stick with conventional LIC policies and Post office savings schemes.
Re: mutual fund investment
by kunal bhatia on Nov 14, 2009 01:36 PM
Even private companies offer traditional policies with fixed maturity like LIC. Time is changing we should learn to accept new tools of investement and make our hard earned money grow to meet the future needs. If we stick to old traditional things then we are the biggest FOOL in todays world. Be a smart investor and allocate your savings wisely to earn a good yield.
It reads "0 ways to evaluate a mutual fund" and more like an advertisement of "Forefront Capital Management" I never knew this method to advertise free of cost.
There is a big question , how they v arrived at NAV? No transperancy, how much charges, how much expenses? Hence, start investing on our own in equity every month like SIP, go for long term , choose blue chip shares and v patience and dont get panic in short term. I have so many examples of long term patience investment, why to give our hard earned money to somebody else???? If any one wants detail, please contact me, or we should form a group or share our thoughts.
Re: How they v calculated NAV?
by jai prakash on Nov 17, 2009 09:58 AM
Is there realy no control or cap over expenses to be debited to a particular scheme.what is the expenses ratio then. Is there any system to get the scheme audited by some authority.
friends i dont apperiacate yr thoughts on mfs i had got very good returns through sip approx 40% in a year we should select the right fund search in rediff u will find it
When u buy one mutual fund they invest ur fund in the market if they gain 10/- they will deduct 8/- as fund managing and other charges and 2/- gain u ll get. If ur money is lost in the market...then u ll loose more ex: u lost 5/-.. they will charge 4/- for fund managing and other charges.. so ur money value will become 1/-. If mutual fund is invested in the market and most of the fund manager does not bother about your requirement and not enough knowledgeable..then why not u? u can become fund manager for ur own fund...u directly invest in the market...instead of giving some one ur money to eat.... "if one fund manager is enough knowledgeable then he/she does not want that employer rather he opens his own investment firm. My advice is instead of giving ur money to some one to invest.. u learn the basic theories of investment and invest ur own... make ur own portfolio.
Re: Invest in ur own...Why mutual fund?
by CG GANG on Nov 14, 2009 10:21 AM
A better advice Make a group of like minded individuals approx 50-100 people and start investing.
Re: Invest in ur own...Why mutual fund?
by vijeth on Nov 14, 2009 10:56 AM
Well said Ashok, I think the best way to invest is regularly buying stocks and holding it for long term ( minimum 2 years). Avoid heavy lumpsum investing . split the amt and buy at diffrent times.patience is the key to successful investing. Dont allow stock brokers and costly mutual funds to destroy ur hard earned money.
Re: Invest in ur own...Why mutual fund?
by Anil Kale on Nov 14, 2009 11:25 AM
You really have a very good knowledge of investing,hope everyone benefits out of it including yourself.
Re: Invest in ur own...Why mutual fund?
by Almighty on Nov 13, 2009 03:09 PM
Good advice. Learn from most sucessful wealth managers like warren buffet.
Buy at low valuation, hold till u see profits sell at peak or close to peak value. market goes up and down in cycles of 3-5 years.
Another way is to save on interest rate on home loans by using little known NBFC or private financial institutions that have access to low rate of deposit and offer at 8% fixed for entire tenure of the loan like I did from one of my contacts.
If_interested_in_lower_interest u too_can_contact rohit_(0)_nine_nine_eight_zero_eight_zero_seven_one_six_four
Re: RNRL MUTUAL FUND
by Anil Kale on Nov 14, 2009 11:22 AM
Yes this is what happens on insufficient and inefficient advice,instead of complaining you have to understand the basics and then put your money.
Fund Manager role plays a very vital role...rather he is the only decides the take... Fund houses should hire exp..and qualified people to manage the shows...
