In our country we are yet to have a mutual fund which has a proven track record that 'xyz' is a great investor. Mutual Funds have now sprouted up like mushrooms. Their efficiency is yet to be proved. The market has been very good for quite some time and they show 50% returns etc., If you are a long term investor then simply stay away from Mutual Funds. You can also earn far better than these mutual funds. Why any 'xyz' has set up a mutual fund? what for ? Are they motivated by kindness and social service? The aim of these mutual funds is to collect public money and play investment games in collaboration with some industrialists , who in turn would sell their own company shares when the rate goes up! So finally who is the bakra? the scape goat? Yes these are the mutual fund investors. Mutual Fund managers get their kick backs. You only get a kick and that is all.
RE:NO TRACK RECORDS
by Kulkarni Ramakrishna on Apr 02, 2007 01:29 PM Permalink
Nice understanding of the MF. People need to be educated much. There is no better fool who puts his money in somebody's hand and expect him to make it grow. All those who recite SOCIAL MANTRA are sheer business people, trying to capitalise on the pitiable conditions of the small time investors and show magical mischieves at a later date. - BEWARE DEAR INVESTORS.
Sent by : Rama Krishna, Mumbai rkc1966@rediffmail.com
RE:Mutual Fund Investment
by Kulkarni Ramakrishna on Apr 02, 2007 01:34 PM Permalink
My STRONG suggestion is to invest in FIXED DEPOSITS with Banks whoever gives better rate of interest in the market. Do not fall pray to the Mutual Fund Investment. Tomorrow, you will have to regret for the decision of investing your VR amount. If you are still inclined, go for a smaller amount with least lock-in period and watch its growth, so that you can reconsider your decision. Even then also consider MF Managers like SBI or LIC only and nor private players.
RE:Mutual Fund Investment
by anirudh ganu on Apr 02, 2007 02:05 PM Permalink
AVOID CO-OPERATIVE BANKS !!!! THE RBI HAS VIRTUALLY NO CONTROL ON THEM. YOU ARE PROMISED THE MOON AND LAND UP IN A SCAM ! GO FOR ANY NATIONALISED BANK.
RE:Mutual Fund Investment
by Yogesh Parate on Apr 02, 2007 01:35 PM Permalink
consult a proper adviser or certified planner. this is not the forum. also bcos u have taken vrs and this might be the biggest amt u will receive. invest appropiately
if mutual fund investment is good then why almost so called leading and successful mutual funds suffered heavily in recent times.every one, even my grandmother is good investor when market is bull. what the hell fund managers has done with our money? they have only ate it in the name of entry and exit load. iy is better to invest directly in share market. at least you will get the satisfaction that fund managers are not ruining your money.
koi advantage nahi hai mutual fund may bhi paisa laganey ka ye bakbaas article dekh kar mainay bhi paisa lagaya tha ek sal honey ko hai aur 20% loss ho chuka hai aisi bakwass sugesstion dena band karo kyo logo ko barbad kar rahe ho paisa fd may hi dalna thik hota hai
RE:bakwass sugesstion
by Ashok Trivedi on Apr 02, 2007 10:33 AM Permalink
If you were expecting guaranteed returns from equity that's your mistake, not the mutual fund's. Invest for the long term and invest systematically. Wait for 3-5 years at least.
RE:bakwass sugesstion
by vinayak naik on Apr 02, 2007 10:47 AM Permalink
Any investment decision needs to be taken based on one's own risk profile. For a low risk investor, Fixed deposit of Banks, NSC , PPF are best option. Equity investing is for midium to high risk investor. What author suggests is if you do not have the expertise in stock selection, you should go for equity mutual funds. Equity has proved that over a long duration, gives maximum returns.
RE:bakwass sugesstion
by mps mps on Apr 02, 2007 10:30 AM Permalink
Prashant whether u invest in mutual funds or in equity risk is always there. even if u invest in unit linked insurance plan risk is again there. what u need to understand is your expectation of return and the risk you want to expose yourself. plus your need in future and your tax implications. its all in good understanding dear u need to sit and study the things and then invest. dnt depend on others and just invest. thats a foolish thing to do in this world. its your money u need to understand the things.
