indian ecconomy is still going to deep depression. i never heard that mutulfunds has earned profit till today.if you have money made fd's or buy gold and land.
Mutual funds are not worth the paper they are printed any more cos ,
India economy is heading to a great depression. We are staring at a situation like Greece , even worse considering the fact that we have 1.5 billion population.
Housing is way beyond reach. Food prices are escalation. Jobs moving out of the country owing to the insane real estate prices. People are demanding more salaries because they want to buy houses whose prices are increasing without regulation every day. Commercial spaces can no more be affordable by the enterprises. Forget about new enterprises. Even old ones can not afford as the rents are sky rocketing.
As a result of this from milk to grains. From school fees to simple hair cut, things are going beyond common man.
To add to this monsoons playing spoil sport. Drought condition prevails half of INdia. Food cost will DOUBLE in 2013. In india , once the cost goes up, it will NEVER come down even after a bumper crops.
In essence , we are heading to a social unrest, depression and chaos.
India economy is heading to a great depression. We are staring at a situation like Greece , even worse considering the fact that we have 1.5 billion population.
Housing is way beyond reach. Food prices are escalation. Jobs moving out of the country owing to the insane real estate prices. People are demanding more salaries because they want to buy houses whose prices are increasing without regulation every day. Commercial spaces can no more be affordable by the enterprises. Forget about new enterprises. Even old ones can not afford as the rents are sky rocketing.
As a result of this from milk to grains. From school fees to simple hair cut, things are going beyond common man.
To add to this monsoons playing spoil sport. Drought condition prevails half of INdia. Food cost will DOUBLE in 2013. In india , once the cost goes up, it will NEVER come down even after a bumper crops.
In essence , we are heading to a social unrest, depression and chaos.
Now whole marketing, media & ad agency will gear up for promotion in investing in MF after SEBI ordered again the implementation of entry load. I think, inversting into MF helps to draw out salary of MF manager, their office staff, office expenditure. It is better to invest into frontline nifty stocks then investing into any MF. It will sure reward better returns than any MF. Only constrint is to be patient with your investment.
Re: Except two, none of these funds are good enough........
by Pavan C. Joshi on Aug 16, 2012 07:44 PM
Common sense must!
Point 1. Mutual funds area must if one believe's in the India story, because as govt. (read Income Tax ppl.) get more sophisticated, investment loopholes get less and less leaky. Property and rent therof as supplemnt for old age pension and classic gold for security appreciate less and less in value.
Point 2. All the crisis sectors offer good returns in developing economies - housing, infra. and hence HDFC & IDFC offer good returns.
Point 3. Common sense - Retail boom is coming, how long will ppl. tolerate street hawkers? Aerospace manufacturing is coming.
IT, housing and infra. are also past, have already topped out.
Emerging India will buy branded goods, so brand owning Co.'s - FCMG - but emerging brands with retail boom will pay. Entertainment, wine & alcohol(red or Shiraz wine), lifestyle (think health clubs) and leisure ( think Casino's) Co.'s are also good future bets.
Negative Returns in last 4 years for all MF combined. your capital would have appreciated by 60 percent had u just kept in FD. Look at Japan there long term index has fallen from 22k in 1990s to 9 k today.
Re: Negative Returns in last 4 years
by MHS on Aug 16, 2012 05:20 PM
Are you sure about FD returns of 60% in 4 years, even if compounded quarterly, or are you talking out of your hat?
Re: Re: Negative Returns in last 4 years
by Pavan kumar on Aug 20, 2012 06:58 PM
41-42 % possible if u calculate annually at the rate of 9%. dont know if some co operative banks giving more than that
