i am investing in reliance retail growth fund through sip 500 rs monthly. i am really happy with this fund. i nearly invest 12500 and with draw 17000 its a good fund.
The article describes items that are difficult and time-consuming to follow. I would suggest someone interested in mutual funds to stick with an equity index fund like Franklin Templeton India Index Fund (Sensex or Nifty plan). This will ensure the following:- 1. Expense ratio is lower than almost all other non-index mutual funds. 2) You will get market return 3) You will be invested in major companies that drive the economy and 4) You will be happy that you are better than almost 70% of IIM and Ivy league graduates that run actively-managed funds. Full disclosure: I neither work for Franklin Templeton nor own their mutual funds. I suggested the fund because of its low expense ratio (1.00%) and performance (close to its benchmark index).
Amateur CNN-IBN Journalist spewing venom against Indians - Irresponsible CNN-IBN journalist sagarika ghose calling indian men ugly - Indian TV media in recent months has been showing biased reports and paid news to favor the corrupt ruling party. Citizens and media watchdogs who question them often get abused and blocked. We have to raise voice against biased reporting. Google Search "Biased and Racist Journalism" and check the first link to understand how some journalists are fooling the nations. Spread the word please.
NEVER INVEST YOUR HARD EARNED MONEY IN MUTUAL FUNDS.YOU WILL LOOSE ALL.aL MUTUIAL FUND MANAGERS ARE REAL LOOTERS & IS LIKE GIVIING URN SELF TO BUTCHERS.mE INVESTED IN iCICI PRUDENTIAL & LOST ALMOST ALL MY MONEY.AFTER DEDUCTING THEER EXPENSES I GOT 20% OF THE MONEY INVESTED. rEAL DAYLIGHT ROBBERS.THESE MUTUAL FUNDS INVEST IN HIGH VALUSE ADVERSTISMENT & ROB OFF THE PUBLIC.EVEN I THINK THEY BRIBE THE APEX MONOTOING BODY TO LOOT PUBLIC
Re: NEVER INVEST IN MUTUAL FUNDS
by Venkat Ramana on Feb 18, 2011 01:40 PM
What else can expect from people like you who dont do the home work before investing? Always do your own analysis by learning the basics and only then invest, no point in blaming middle men. They are there to make money based on your ignorance. Ignorance is not only bliss, but can be painful also, like your case.
Re: NEVER INVEST IN MUTUAL FUNDS
by mngk on Feb 18, 2011 01:49 PM
I don't agree here. What were you doing till your investments downsized 20%? Mutual funds not like Bank FDs wherein you can invest and forget. You need to analyse the fund before invest and constant monitoring after invest. Go for SIP rather than lumpsum investing.
