Systematic Investment Plan is a way of disciplined investment. At pre-determined intervals, you make fixed sum investments in to your preferred scheme. If you are riding a growing market, you make good profits. Ideal for risk averse investors who prefer very long term stay in the markets.
SIPs in Mutual Funds : read full original text Business Manorama dated 30th April 2007
Monday, April 30, 2007
Monday, April 23, 2007
Arbitrage Funds
Arbitrage Funds look for making a bit more than the debt Funds by taking positions in the Cash & Equity markets; With permission of debt derivatives, more opportunities will be created in this segment. They are high Risk class.
A derivative is a futures contract traded on the exchange. Essentially a contract is an agreement with another to exchange a specified asset(physical/financial)at a pre-determened price on a specified future date. Commodity derivatives are just getting ppularised in India. Futures in the modern form date back to June 2000. Entry of Mutual Fund Products came by later.
Benchmark Derivative Fund(Dec 2004)
Kotak Equity Arbitrgae Fund (Sep 2005)
J M Arbitrage Advantage Fund (Jun 2006)
UTI SPrEAD(Jun 2006)
SBI Arbitrage Opportunities Fund (Oct 2006)
Standard chartered Arbitrage fund( Nov 2006)
ICICI Pru Equity & Income Optimiser(Dec 2006)
Lotus India Arbitrage fund (Apr 2007)
Direct the Flow of Your Investments where it is needed
This is about a family whose Income/Expenses were examined along with their Assets and Liabilities to plan for the upcomong liabilities in their life. The wealth Management approach is not denying GOD; But uses the talents provided by the almighty to plan in a better manner translating one's life purpose into financial milestones. The services are available for a fee. Interested parties may contact the author.
Liquid/MMMFs
they have been prominently in news since budget 2007 due to imposing of DDT. how do they add value to you? Inspite of skyrocketing BSE Sensex, it is this class of funds that flourished, if one goes by size, in the Indian Context.
Tuesday, April 10, 2007
Benchmarking in Indian Mutual Funds
Benchmarking tells you against what market index you can compare the performance of your fund. CRISIL, ICICI Securities etc.. produces and maintains market indices for the debt market. in the equities market, we have popular indices like BSE Sensex, Nifty etc..
The major problem in the industry is the way each fund manager defines his benchmark and how he really manages the fund. When you hear about a balanced fund, you have a notion that it is 50:50 in equity and debt with plus or minus 10% on either side. But the author could see schemes with 80% equity allocation also claiming to be a balanced fund.
The major problem in the industry is the way each fund manager defines his benchmark and how he really manages the fund. When you hear about a balanced fund, you have a notion that it is 50:50 in equity and debt with plus or minus 10% on either side. But the author could see schemes with 80% equity allocation also claiming to be a balanced fund.
read the full text in Business Manorama dated 9th April 2007. It is from the family of Malayala Manorama and comes every Monday with the main daily
The Rights of the Mutual Fund Investors
Knowing your rights as a Mutual Fund Investor irons out several irritants in dealing with any constituent of the Industry.
The MF regulation 1996 and the ammendments from time to time has put MF investors right upfront of averything. But it is for the investor to take adequate care before entrusting hard earned money to study the Offer Document undersand the riskprofile of the scheme and match it to one's risk profile and life needs.
Receive the Statement of account within 30 days, receive the repurchase cheques within 10 days, Income Distribution warrants within 30 days, portfolio details every half year and a annual review of performance etc.. are to be seen as guidance for Mutual Funds to improve their service technologies than legal requirements. Indian MFs have realised it and reciprocating better disclosure practices; Any failiures needs to be brought to their notice for faster rectification.
read the original text in Business Manorama dated 2nd April 2007
The MF regulation 1996 and the ammendments from time to time has put MF investors right upfront of averything. But it is for the investor to take adequate care before entrusting hard earned money to study the Offer Document undersand the riskprofile of the scheme and match it to one's risk profile and life needs.
Receive the Statement of account within 30 days, receive the repurchase cheques within 10 days, Income Distribution warrants within 30 days, portfolio details every half year and a annual review of performance etc.. are to be seen as guidance for Mutual Funds to improve their service technologies than legal requirements. Indian MFs have realised it and reciprocating better disclosure practices; Any failiures needs to be brought to their notice for faster rectification.
read the original text in Business Manorama dated 2nd April 2007
The pangs of growing up
Interested? pl take a trip tohttp://www.asiacase.com/case/southAsia/icfai-MVMonica.html
A must read for any student of Portfolio Management & Mutual Funds. Takes you through the turmoils Indian Mutual Fund Industry in its initial decade after private players entry.
Also you would be interested in the Book Review on 'Business Environment' at http://www.indianmba.com/Books/Book41/book41.html Why are we not able to define the crumbling of marxism as a business ideology? Pl share your thoughts.
A must read for any student of Portfolio Management & Mutual Funds. Takes you through the turmoils Indian Mutual Fund Industry in its initial decade after private players entry.
Also you would be interested in the Book Review on 'Business Environment' at http://www.indianmba.com/Books/Book41/book41.html Why are we not able to define the crumbling of marxism as a business ideology? Pl share your thoughts.
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