Hi, I took SBI Magnum tax gain fund on Feb-2007 when the NAV was 59.59.I am worried abt the deal.Had i invested at wrong time or not?please clarify abt the standing of this fund at present.
RE:regarding SBI Tax gain mutual fund
by rajendiran on Nov 28, 2007 03:52 PM Permalink
yourfund selection is good.SBIMTG has consistantperfomence overlong term sinario.time of entry is not a big concern, only performance is to be considered.
i got Upper Ganges Sugar Ltd @ 400 and i have 250 shares of the same. The current market price is Rs.92/- what do you think i should do - should i hold on with some hope or else book loss and invest the same money in some better stock? Please suggest ASAP
RE:what is the future for sugar stocks?
by rohit shukla on Feb 05, 2007 05:05 PM Permalink
Well..The difference b/w ur buy price(400)and 92 is very large so I would suggest you hold on to it.And the speculations suggest that Sugar industry will rise after the budget so be patient and hope that you atleast don't incur loss.
Mutual Funds are very much in the news, but the info churned out is not yet easily understood by common man. It rather confuses peope.
Principal Global Opportunities Fund has not doled out a single pie as return to investors for over a year. I wonder what option one has to exit that and shift the investment to some other profitable funds.
