2006-12-23 09:27:53 · 3 answers · asked by Eric 1 in Business & Finance ➔ Investing
One India mutual fund is a NFO which closed for IPO on 22nd DEC. Now if wil take around 3 months for the applications to be processed/units allotted/certificqtes made/sent to investors, and then the process of fund Utilization starts, One the fund has been allotted in various sectors of the market then only the results can be tracked, Stil, we expect 30% annualised return in this fund.
HAPPY INVESTING.
ENJOY THE MARKET.
2006-12-23 17:29:41 · answer #1 · answered by AVANISH JI 5 · 0⤊ 0⤋
If the intention is to benefit from growth opportunities offered by the Indian economy, why restrict the fund manager's hand by imposing restrictions in the form of regional allocations. Wouldn't a free-flowing investment style better suit the fund?
The guidelines say that the fund invest 15-55 % to each of four region. That means the fund manager is struck with minimum 15% compulsory investment even if one of the region is giving poor result and at same time another region is booming. (I have lost the brochure of the fund, it has listed all the companie from each region in which the fund will invest)
However, there is nothing noteworthy in the fund, better to skip.
You can find more details here...
2006-12-25 12:23:01 · answer #2 · answered by jvblogger 2 · 0⤊ 0⤋
Do not start counting the performance of mutual fund from day one.
2006-12-23 23:07:49 · answer #3 · answered by cvrk3 4 · 0⤊ 0⤋