RE:Investments in MF for elder people
by MUKESH KALE on Aug 19, 2007 03:11 PM
if there are no health hazards, elderly individuals can very much go for equity schemes with long perspective.very efficient and transperant investments. donot always look at navs and sensex and trouble yourself.use the investment as a s.b. a/c, but start with an expert so that no frequent swiches and regret-withdrawls asked for by the investment.
I didnt know BEST was into investment banking! I guess the conductors can double up as MF salesmen, and the TCs can do audits. One ticket to Napean sea road and one MF with 50% equity and debt instruments please :D Maybe they can use the money they get to set up power plants that can avoid load shedding in the rest of the state...
RE:BEST?
by Maximus Decimus Meridius on Apr 19, 2007 10:44 AM
Why do people use CAPS when it is not necessary. Best is already superlative. Why do you have to YELL about it, as if the emphasis was not enough?
RE:How to break the investment amount
by A Bc on Apr 18, 2007 12:49 PM
Dude.. please don't ask such vague questions on this site.. You'll get all types of advice from people who think they are experts... If you're serious about this, either do your own research, or go to a good financial advisor.. No one can advise you properly unless they know what you're lookink for, what your needs, etc. are.. So, anyone who just says invest x% in this and y% in that is an uninformed idiot.
RE:How to break the investment amount
by Amitabh on Apr 18, 2007 12:07 PM
If you are a taxpayer,you will get a deduction on specified investments under Sec 80C upto rs 1 lac.So to the extent your limit is not already exhausted,invest in a tax saving fund.also called ELSS.This will give you deduction in your income.The lock in period will be 3 years.The returns are also tax free.The rest can be put into any diversified mutual fund with a good track record.A diversified fund is always less risky.
Another fund house in the equity diversified that has started performing well, and to watch out is ICICI Prudential.
Their Dynamic Plan fund has been in the top 10 list for the past 3 years. Their 'Services' fund has also started appearing in top performers, but I would wait and watch on its performance.
One more fund to watch out is SBI Magnum Multiplier. This fund has been in the top 10 list in the 2 years and 3 years performance. It does not show up in the last 1 year performance, probably because of market volatility. Anyway worth a look.
There's no mention about Equity-IT funds in the article. It's a very high risk category, but it has given 10% more return than equity diversified. In this category, Magnum IT and DSP-ML Technology.com are worth taking a look.
RE:Great Overview !
by Freddies Personal e-mail on Apr 25, 2007 05:35 PM
There is a certain parody in the fact that a wait-and-watch attitude may just not work in many cases. At some time you have to stop waiting and watching and jump right in. But then if the luck factor kicks in and the run continues, you may win. If the run stops. You are dead.
I suggest you take these views and jump in when the markets take a plunge. These performances are really not repeatable. I have invested in almost all these "performers" and have seen my money grow 4-8%. That is peanuts compared to the claims.
