since working in this industry ...................i m bullish abt mutual funds
2007-02-21 15:56:31 · 12 answers · asked by t_suresh8 1 in Business & Finance ➔ Investing
I disagree... if you do your research, you don't need indexes that other people picked out and make a commission on. Find a sector, invest in the top few performers, then diversify by going into other sectors. Don't put all of your money in speculative stocks, of course, but Pharma, biotech, and a few other industries look rather promising.
2007-02-21 16:04:13 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It all depends on your time horizon and vision.
Investing is to manage your risk first, capital appreciation and income secondly. Being a contranian will help you to select good mutual funds.
In the past few years, I rolled $$ in the precious metal fund(Gabelli) and European emerging market(T. Rowe Price), with annual average return of 35%+. I can sleep very well now as the public has not been seriously enough to rush into these funds, i.e., they hate them, then I love them. When 70% of people start tallking about both, I will sell them in a heart beat.
Safe and happy investing
2007-02-22 01:38:46 · answer #2 · answered by TLIUALL 3 · 0⤊ 0⤋
Yes. Bullish on M.Funds. Bullish on the markets. Easiest way to invest is mutual funds.
Good luck.
KKP
2007-02-23 02:19:36 · answer #3 · answered by KKP_Investor 3 · 0⤊ 0⤋
For starters, I would suggest an SIP plan with mutual funds. On line stock trading is a lure to disaster. I would certainly advise you to keep away from any and ALL brokers recommendation !
The best place to research Indian mutual funds with an unbiased view is http://www.valueresearchonline.com Other options is to read about mutual funds at http://www.easymf.com.
Regarding deposits and withdrawal to a MF. You can enroll in any plan with a minimum initial investment amount using a cheque. Other option is to enroll for a SIP plan and have ECS clearance. This way, your deposits from MF are directly credited into your bank account. Similarly your investments into a MF are directly taken out of your bank account.
Some of the funds that I have seen being invested as a Systematic Investment Plan are:
Franklin Flexicap - Dividend (reinvested)
HDFC Equity - Dividend (reinvested)
HSBC Equity - Dividend (reinvested)
Reliance Vision - Dividend (reinvested)
SBI Magnum Contrafund - Dividend (reinvested)
Templeton India Growth - Dividend (reinvested)
HDFC Tax Saver Fund (3 year lock in) - Dividend (non reinvested)
The best Income fund is
JM Arbitrage Advantage Fund - Growth
You could find detailed plan as to how to invest regularly in these funds and make a crore rupees out of a monthly investment of Rs 5000 at http://in.groups.yahoo.com/group/MAKING_A_CRORE_RUPEES/
2007-02-22 03:53:23 · answer #4 · answered by justinageneralway 3 · 0⤊ 0⤋
Oddly enough when looking at a 30 yr trend mutuals and standard fixed deposits are close in terms of yield.
the mutual investments did do better but not a drastic variance.
2007-02-22 00:21:35 · answer #5 · answered by Johnny 5 · 0⤊ 0⤋
Unless you have enough time and expertise to research you own investments and enough money to diversify on your own. Then mutual funds are the only way to invest.
2007-02-22 00:03:29 · answer #6 · answered by Gunny Bill 3 · 1⤊ 0⤋
Exchange Traded Funs (ETFs) have lower fees and are more diversified. They are also somewhat easier to trade. I prefer them to mutual funds.
2007-02-22 00:04:16 · answer #7 · answered by BrianG 2 · 0⤊ 0⤋
They are good for beginners and people without a lot of cash to splash. Later, you will want to move on to individual stocks.
2007-02-22 00:05:20 · answer #8 · answered by Anonymous · 0⤊ 0⤋
ofcourse u can check past records of all mfs and atleast u should hold for 3 yrs to get max returns......
2007-02-22 13:03:33 · answer #9 · answered by mory k 3 · 0⤊ 0⤋
I prefer the nickel slots.
2007-02-22 06:52:35 · answer #10 · answered by turtle girl 7 · 0⤊ 0⤋