mutual fund

[ May 26, 2014 | Author: Admin | Views: 94969 | Weather: | Mood: normal]

She suggested that investors should diversify their portfolio instead of investing all the money into one scheme. Further, one should have proper balance of equity and debt exposure, she added.  Below is the edited transcript of Guptas interview with CNBC-TV18. Also watch the accompanying video. Q: Investor can invest Rs 2,000 per month. How should he allocate his money? He is 41 years old, his goal is Rs 3 lakh in a time frame of only about 1 year. His reason is wealth creation, he has some insurance and LIC money back ULIP policy with premium of Rs 12300. He has some investments in equities as well. A: With Rs 2,000 a month, Rs 3 lakh in a year is a very aggressive goal, he definitely needs to add a larger corpus. I have three pieces of advice for him. One, from what I know of his current investments, he … Continue reading

[ April 14, 2014 | Author: Admin | Views: 31920 | Weather: | Mood: normal]

According to him, with around 9% annual returns on these deposits, it can be a very good instrument for accruing assured return. Along with this, an investor can strengthen the portfolio with a certain amount of money in gold savings funds. Below is the edited transcript of the interview on CNBC-TV18. Q: Investor wants to invest Rs 10,000 per month for two years. She has got a short time horizon. What’s the advice? A: Because you want to invest only for two years, I will not recommend you to invest in equity mutual funds. If your goal is child education after two years, you need some assured return instrument. I advise you to invest in bank recurring deposits because banks are nowadays offering around 9% annual return on a two year term. Out of Rs 10,000, if you invest Rs 7,000 in bank RD and Rs 3,000 in a gold … Continue reading

[ March 5, 2014 | Author: Admin | Views: 62978 | Weather: | Mood: normal]

Here is the edited transcript of the interview on CNBC-TV18. Q: Investor wants to invest Rs 25000 per month, how should he allocate his money? He has been investing since 2005 but, since last 3 years his equity-mutual fund portfolio has increased only by 2-3%. A: It is right that people have lost money or not made really too much money in equity mutual funds in the last few years. I think it is all a question of what was the time horizon for investment and how much risk they could take. Most people look at mutual funds as the only vehicle to invest in equities. But, I think mutual funds have a lot more to offer. There are hybrid schemes which have 75% equity, 25% debt. Some other conservative schemes with 85% debt and 15% equity and even fixed income products are also there. I think he has got … Continue reading

[ December 1, 2013 | Author: Admin | Views: 88818 | Weather: | Mood: normal]

But nothing has changed and one sided contracts favouring the companies, banks  and other entities  to the detriment of the individual consumer, continue. The regulations are all focused on the sales end, that too in some specific financial service areas Mutual Fund & Insurance being the prime areas, where the companies and their  intermediaries have been put through the wringer. Should customer protection not apply equally in all areas for consumers? Well, it should. But, other areas have been just been left to operate as they have always been. Let us take a few examples. Banks routinely abuse their trust with their customers.  They are privy to customer information and their balances. They should not be hence allowed to use this privileged information to sell products to customers. Their business is banking and there it should rest. Distribution of products should be by another distinct entity and banks should not … Continue reading

[ October 2, 2013 | Author: Admin | Views: 13293 | Weather: | Mood: normal]

Here is the edited transcript of the interview on CNBC-TV18. Q: Investor wants to invest Rs 1,000 per month and he wants to know how to allocate it. His time period is 5 years. His goal is Rs 12 lakh and he wants it for his child’s education. He also has some insurance. It’s an LIC Jeevan Aastha, sum assured of only Rs 50,000 and he is paying an annual premium of Rs 4,040 and he has got some investments in equities as well split between a lot of funds like Birla, HDFC Top 200 etc. A: From what I understand of his investments is that he has got a large amount of money invested in equity mutual funds already, some 7-8 funds. I have two recommendations for him. Since he has so much in equities, I recommend that he park Rs 1,000 a month in gold, because he has … Continue reading