I am looking for good portfolio manager for investment purposes. The criteria are
1) I am willing to invest 2 lakhs initially ( I am an absolute beginner and had so far always put my money in FD :) )
2) Need to have constant touch with the fund manager ( Discuss and decide my protfolio based on my risk/gain criteria , proactive contact by the fund managers to discuss the growth etc )
3) Web access to check the status of my funds, reports etc
Could anyone suggest me good fund managers based on my requirements ( their pros/cons )? Also informations like costing , market ranking would greatly help me to decide.
2007-07-07 04:19:45 · 10 answers · asked by XP 1 in Business & Finance ➔ Investing
1) I am assuming you were denominating in rupees. That isn't much money. That of course could buy a house if it were in dollars, but in rupees that isn't much.
2)The maximal income a fund manager is going to make from you would make you an expense (if in rupees) if they allowed you to constantly contact them. The opportunity cost is simply too high.
3) If you are discussing rupees, you should remain in funds and not try this yourself. The value is so low that diversification is difficult compared to the money involved. Commission rates in India will eat up a small time investor.
4) Find geographically available brokers. If you live in a large city that will not be hard, a small town, I do not know what to tell you. Funds are designed to be left alone, so you really should not need web access.
I have been a fund manager, you are too costly to deal with for anyone. Even if that were 200,000 US dollars, a fund manager would not deal with you a broker's representative or an investment advisory representative would.
My limited experience of dealing with Indian institutions is such that I do not believe that convenience is going in your favor. I am a doctoral student now and I do not think that you will find very helpful answers here on Yahoo Answers.
If you have a wealthy parent, ask them. If not, look around for people you know who would invest and get recommendations. If you were in the United States, Canada, or Germany and maybe even the UK, I might be able to help you, but you are asking alot of people who deal in billions of US dollars. One million US dollars is about the level you need to even have a serious chance at even being considered for a conversation and then, it will be with a low level investment adviser assigned to your account.
Stay in mutual funds, unless that was $200,000 US. If that was 2 lahk in rupees, and you can invest in the US, consider closed end mutual funds rather than open end funds.
2007-07-07 10:42:25 · answer #1 · answered by OPM 7 · 1⤊ 0⤋
Sorry i am in a different county. Jp morgan, Merrill Lynch & Co. Goldman Sachs Group Inc. But I prefer to directly invest. And reinvest the dividends. I follow Warren Buffets strategy and only buy good quality stocks. A regular savings investing plan is best. Berkshire is not a MF.
2016-05-20 22:23:46 · answer #2 · answered by ? 3 · 0⤊ 0⤋
question no 3 you can access your funds enter the rediff.com in stocks option everyday updated the market price and your
portfolio with graph daily gain etc with simple one time entry
bhaskar.v.v
2007-07-13 17:14:33 · answer #3 · answered by boss 1 · 0⤊ 0⤋
you may visit www.valueresearchonline.com a best site for investors. the best schemes to incest are
Birla Midcap,SBI Contra, HDFC Top 200, HDFC Prudence, Reliance growth reliance Vision, reliance pharma, reliance Media and entertainement. you may also subscribe to Mutual Funds Investment india magazine.
2007-07-09 16:15:24 · answer #4 · answered by gnanadev b 1 · 0⤊ 0⤋
You can use valueresearchonline.com.
sharekhan.com is also a website which has some portfolio managers. They will charge for the service.
2007-07-10 21:47:37 · answer #5 · answered by virendra k 1 · 0⤊ 0⤋
I never heard of a portfolio manager do number 2 for a client unless he is a sales representative and usually their interests are ahead of yours.
2007-07-07 07:25:26 · answer #6 · answered by scow_sailor1692 3 · 0⤊ 1⤋
Personal financial advisors are available for fees.But i would suggest u to go for any renowned mutual fund
2007-07-07 18:22:01 · answer #7 · answered by venkataramanan t 2 · 0⤊ 0⤋
Best I have come across is http://www.moneycontrol.com
You will get all guidance on line .
Regarding fund manager , I don't agree with you.as they regularly being sifted from one Co. to other.
Regarding web access, money control.com will assist you & all free of charge.
2007-07-07 05:36:31 · answer #8 · answered by sroy_bbsr 2 · 0⤊ 2⤋
Please Contact me on +919820577238 - Mumbai India. My email is sudhan_bapat@yahoo.com. My Name is Sudhan Bapat and being a certified Mutual fund advisor have all answers for your questions.
2007-07-11 03:55:30 · answer #9 · answered by Sb 1 · 0⤊ 0⤋
I suggest you to open a brokerage account at Zecco (It's FREE) and send them you money and when you ae ready to trade just let me know and I will help you for FREE.
I am a Portfolio Manager with over a decade of experience in the Stock Markets.
2007-07-07 08:14:41 · answer #10 · answered by Anonymous · 0⤊ 4⤋