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Supported by the smart performance of the international equity fund having exposure to US dollar, the mutual fund industry saw investors in buying mode in equity as well as debt market. The staller performance of Motilal Oswal Most Shares NASDAQ-100 ETF, ING Global Real Estate Fund and Birla Sunlife International Equity Fund in the recent time gives a clear indication of current scenario of international equity fund schemes.
As per the data available on the Securities and Exchange Board of India (SEBI), for three days ended May 23, 2012, the asset management companies (AMCs) turned net buyer in equities, as the gross purchases exceeded gross sales by Rs 94.50 crore.
In the similar fashion
Source - zeenews.india
http://t.in.com/2jaR...
SBI Mutual Fund launched a new close ended debt scheme named “SBI Debt Fund Series - 90 Days – 64,” with maturity time of 90 days.
The New Fund Offer (NFO) price for the scheme was Rs 10 per unit. NFO opened for subscription today and will close on May 28.
According to the offer document filed with SEBI, the entry load was nil and since the scheme was planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode.
The minimum application amount was Rs 5,000 and in multiples of Rs 10 thereafter. The two options were available under the Plan of the Scheme viz. Growth and Dividend Payout option. The performance of the scheme will be standardized against CRISIL Liquid Fund Index and Rajeev Radhakrishnan will be the Fund Manager of the scheme.
The asset allocation of scheme will be in such a way that the objective of the scheme to provide regular income, liquidity and returns will be met, through investments in a portfolio comprising of debt instruments such as government securities, psu & corporate bonds and money market instruments. Hence, the scheme will allocate 60 to 100 per cent of assets in debt and money market instruments and 0 to 40 per cent in government securities.
Source - zeenews.india
http://t.in.com/2jaR
...
Reliance Mutual Fund launched a new close ended income scheme named “Reliance Fixed Horizon Fund - XXII - Series 9,” with maturity time of 366 days.
The New Fund Offer (NFO) price for the scheme was Rs 10 per unit. NFO opened for subscription today and will close on May 31.
According to the offer document filed with SEBI, the entry load was nil and since the scheme was planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode.
The minimum application amount was Rs 5,000 and in multiples of Rs 1 thereafter. The two options were available under the Plan of the Scheme viz. Growth and Dividend Payout option. The performance of the scheme will be standardized against CRISIL Short Term Bond Fund Index and Amit Tripathi will be the Fund Manager of the scheme.
The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met, through investments in a diversified portfolio of central and state government securities and other fixed income/ debt securities. Hence, the scheme will allocate 40 to 100 per cent of assets in money market instruments and 0 to 60 per cent in government securities issued by central &/or state govt & other fixed income/ debt securities.
Source - zeenews.india
http://t.in.com/2jaR
...
DSP BlackRock Mutual Fund launched a new close ended income scheme named “DSP BlackRock FMP - Series 51 - 12M,” with maturity time of 12 months.
The New Fund Offer (NFO) price for the scheme was Rs 10 per unit. NFO opened for subscription today and will close on May 31.
According to the offer document filed with SEBI, the entry load was nil and since the scheme was planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode.
The minimum application amount was Rs 5,000 and in multiples of Rs 1 thereafter. The two options were available under the Plan of the Scheme viz. Growth and Dividend Payout option. The performance of the scheme will be standardized against CRISIL Short Term Bond Fund Index and Dhawal Dalal will be the Fund Manager of the scheme.
The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and capital appreciation will be met, through investments in a portfolio of debt and money market securities. Hence, the scheme will allocate 0 to 100 per cent of assets in debt securities and money market instruments.
Source - zeenews.india
http://t.in.com/2jaR
...
Dear sachinmadurwar.
Invest Rs.12000 or more ( Initially one Time) in HDFC High Interest Fund Short Term Plan. ADD Rs.5000 P.M. in same Fund.
APPLY for Swing STP in any one or more of Following Funds ( LESSER RISKY & higher Returns)for 20 years TIME.
HDFC Growth Fund
HDFC Prudence Fund
HDFC Balance Fund.
For AGGRESSIVE Returns, HDFC EQUITY Fund & HDFC Midcap Opportunity Funds are Better Option.
P.C.Sharma...
There is a need of right equity and debt balance depending upon your risk apettite (this depends on a lot of factors). Withdrawing money on losses at present is not a wise decision. You need to SIP in mutual funds and even in shares to get the right balance of returns in future.
Get in touch with your Financial Advisor and seek best advice....
Sharmaji is right....
Dear deepakvohra,
Investment in HDFC EQUITY Fund( managed by SAME Fund Manager may be better Rewarding.
P.C.Sharma...
Dear Rajesh,
Wise Investors will Invest in Both Equity Mutual Funds ( Long Term Money ) and Bank FD ( Short Term Money). Only Investors having Patience will Reap the Benifits of Long Term Investments. Returns of FD are not even sufficient to BEAT INFLATION.
Best Wishes,
P.C.Sharma...
Hello,
i`m earning 45000 pm and currently investing 2000/pm in dsp blackrock equity & 2000/pm in HDFC top 200 fund. i`m planning to buy second home ( 2bhk flat) in chakan, pune; which costs about 24 lacks. i have about 7 lacks invested in some bank & corprate FD`s. i want to know is it good idea to buy second home at chakan pune by taking home loan of 15 lacks or invest monthly 14- 15000/pm in mutal funds through SIP?Also is it good time to buy new flat ( what will the impact of current market conditions in pune`s real estate)?
Some of my details:
i have insurance covered of 20 lacks from LIC policies & term policy of 25 lacks.
my current age is 33 years,have one child of age 1.5 years.wife is working with salary of 25000/pm.my goals are :
1. Need 20 lacks for daughters education after 15 years.
2. Need 30 lacks for daughters marrage after 20 years.
3. Need good corpus amount at the time of retierment.
please provide your suggestion.
Thanks,
Amol...
