Showing posts with label Mutual Funds. Show all posts
Showing posts with label Mutual Funds. Show all posts
Sunday, September 09, 2012
Monday, December 05, 2011
Friday, October 21, 2011
Wednesday, February 16, 2011
Saturday, October 16, 2010
Tuesday, July 13, 2010
Tuesday, July 06, 2010
Tuesday, October 20, 2009
Thursday, August 06, 2009
Friday, December 12, 2008
Saturday, November 08, 2008
Friday, July 18, 2008
Sunday, June 22, 2008
Tax Saving Funds - Worst Performing (6 months)
Six month returns
ABN AMRO Tax Advantage Plan -41.98 %
Birla Sun Life Tax Relief 96 -36.61 %
Principal Tax Savings -35.99 %
LICMF Tax Plan -33.61 %
Reliance Tax Saver -32.12 %
Kotak Tax Saver -31.72 %
Escorts Tax Plan -31.32 %
ING Tax Savings -31.22 %
Principal Personal Tax Saver -30.83 %
HSBC Tax Saver Equity -30.35 %
Friday, May 16, 2008
Sunday, January 06, 2008
No Entry Load on Mutual Funds
Even though SEBI has removed entry load for direct investors, you need to do your homework before exercising that option.
Mutual funds are subject to market risks. Please read the offer document carefully before investing…A footnote that follows every mutual fund advertisement. With the Securities and Exchange Board of India's (SEBI) new guidelines that the applications received directly by the asset management companies (AMCs) and over the internet will get complete entry load waiver, a direct investor will have to follow the above mentioned footnote more seriously.
Read more here
Sunday, December 23, 2007
Monday, December 03, 2007
Wednesday, August 22, 2007
No Entry Load
Market regulator Sebi is considering a move to do away with the entry load on mutual fund investments
The Asset Management Companies (AMCs) charge an entry load of upto 2.25 per cent from the retail investors for their investments in equity funds.
With this move the investment in mutual funds will become more cost effective for investors.
However, this waiver will be applicable to investors who will directly interact with the fund houses i.e deposit their applications directly with the AMCs. Applications received through internet or collection centre/ investor service center directly will also qualify for the waiver.
The move is not expected to go down well with the mutual fund distributors as it is this entry load which the fund houses use in paying commissions and brokerage to distributors. Today most of the funds in India are sold through distributors.
Friday, August 17, 2007
Sunday, July 08, 2007
Mutual Funds outperform Sensex
Marketmen may be jubilant about the Sensex touching the 15,000-point milestone, but mutual fund investors are laughing all the way to the bank, thanks to many funds outperforming the key index in the last 12 months.
While the 30-share Sensex has grown about 40% since July 2006, when it was quoting around 10,600 points, 106 funds have given higher returns than the bellwether.
Among the best performing equity funds are Standard Chartered Equity with 79% returns over a year, JM Basic (76%), ICICI Prudential Services (75%), ICICI Infrastructure (63%) and DBS Chola (61%), according to data complied by ValueResearchOnline.
The assets under management of the 32 fund houses in the country have grown 25% to over Rs4 trillion in the first 6 months of the year, the latest data of Association of Mutual Funds in India (Amfi) shows.
“The new levels of the benchmark index show more demand for equities and is a sign of recognition for the strength and potential of Indian economy,” Amfi head A.P. Kurien said.
While a bullish market does not affect the mutual fund industry directly, Kurien said the funds “are pleased that it implies a strong growth potential for the markets.” The Sensex on Friday crossed the historic 15,000 mark to touch an intra-day high of 15,007.22. It, however, ended the day at 14,964.12—which is still a new closing high.
“Investors are happy with the milestone... Some of the funds have performed better than the Sensex of late as growth in the mid-cap has led the rise in blue chips,” ValueResearch CEO Dhirendra Kumar said. Dismissing concerns of a correction after every milestone, Kumar said a slight correction should not bother MF investors as long as the funds remain in the black.
Subscribe to:
Posts (Atom)