This article has given some gnyan, But tries to scare investor, Not to invest on his own and tries to induce investor to go for some agent advice(where it himself acts as agent). Some mutula fund , which has good track record can be choosen easily by watching its performance from last may till this may(as it has seen couple of correction and one being very long). Dont carry away by this article
RE:Personal FN tries for Its subscription
by Arvind Kamath on May 07, 2008 12:06 PM Permalink
i read the article, but didnt find anything of the type you are saying. which article have you read? where it is written that you dont invest urself but use agent. pls point out which line.
are u also an agent, so you seem to be angry that u have not got business here. give your cell no, we will try your service.
but that advice of may to may is stupid. how can you judge any mf in 12 months?
RE:Personal FN tries for Its subscription
by Vasan on May 07, 2008 12:47 PM Permalink
Hi arvind, he says, all diversified fund are not diversified fund, cant judge fund using divident declared. FMP may give negetive returns. as told, It is good gnyan, But new investors will get confused. I am not agent, and is investor. If u think this article is good, Just go ahead and accet. I would rather like to see, His suggestion to invest in XYZ Fund because of these reason, than telling dont invest based on this cretieria.
RE:Personal FN tries for Its subscription
by Arvind Kamath on May 07, 2008 01:01 PM Permalink
man, make up your mind. if the article is good, then where is the problem? nowhere in the article is written that you invest with them. still you made that point.
now you are saying, you want to see the suggestion. if the suggestion comes, then you will accuse that they are agent trying to sell.
enjoy the article and forget it. why try to hunt for skeletons when there are none.
but if you know of bad advice from them, then let me know. that info will help.
Two points to prove it wrong: 1. lower nav gives us more number of units which are always benefitial when dividends are declared, as dividends are given per unit that you hold. 2. if you buy lower nav funds say any NFO then the probability of it going down by even NFO value (which is 10) are very less. Also, news funds don't deviate too much for atleast coming 1 year or so from the defined nomenclature. Only risk with new funds is that it's not proved fund but benefit is to get more number of units and relatively less risk.
RE:lower NAV is myth is wrong
by Bhupinder Bedi on May 07, 2008 12:02 PM Permalink
Hi Parag. You have raised interesting points. However, I think a higher NAV is in itself an indicator of the performance of the Fund. I dont agree with pt 2 above.If market falls 20 % , the nav of the new fund would also fall in the same range. The trick is to find a fund which increases its nav even when markets fall- or at least keeps it stable.
RE:lower NAV is myth is wrong
by Bhupinder Bedi on May 07, 2008 12:46 PM Permalink
If a mf comes out with an NFo for Rs 10 and after 2 years , the nav becomes 40 , is this not a measure of the funds performance. using rough language seems to be your nature.
RE:lower NAV is myth is wrong
by satish kumarj on May 11, 2008 08:16 PM Permalink
Hi, Try to understand the Mutual Fund investments...Irrespective of the NAV Value your are investing..MF company will be investing into the equities ..Ex :If market is at 20,000..Even though NAV is Rs.40 or Rs.10..The company will be investing..If the market goes higher proportionatly NAV values increased from Rs.40 to Rs. 44 or Rs.10 to Rs.14 vice versa when markets are decresed.
Never purchase any MF assuming NAV value is low..Luk at the portfolio ..There are many mutual funds which are specifically invested in technology companies still less than Rs.8...
RE:lower NAV is myth is wrong
by Kinjal Vora on May 07, 2008 12:52 PM Permalink
in isolation? can you take that call in isolation? that is what i had asked you. am repasting my question - "are you sure that is applicable as a blanket policy while investing?"
if that fund has gone from 10 to 40 and others have gone from 10 to 60, then what?
if that fund fell the hardest in market crash & then reached 40 & others didnt and only reached 35, then what?
that is what i was trying to say abt ignoring the nav
RE:lower NAV is myth is wrong
by Vasan on May 07, 2008 11:58 AM Permalink
Very true, But have to be careful with fund manager. Because he is the one who take decision. If any wrong decision is taken, Your money will go far below rs 10.
RE:lower NAV is myth is wrong
by Kinjal Vora on May 07, 2008 12:01 PM Permalink
what rubbish you are talkin. if the fund is not performin then how will the dividend come and then how will lower nav help. on what basis you are saying that nfo dont go below 10. if the fund will not perform it will go much below 10. remember all the tech funds that were in 1 digit nav for many years. so many nfos like those principal mf ones have already merged into other funds. you are saying they will not deviate from the defined nomenclature.
RE:lower NAV is myth is wrong
by Sohan Kumar Jha on May 07, 2008 11:56 AM Permalink
have u checked NFO of JM Agri & Infra Fund Mr. Parag, it has came down to nav of 7 recently while we purchased the same at the rate of Rs.10, so it is not wise to say that there is not any erosion in the NFO price.
COMMERCIAL ASPECTS WHEN BECOMES HEAVIER THE MUTUAL FUNDS START BEHAVING LIKE BANKS WHILE IT IS MORE OF A SHARE OF INVESTMENTS BY THE PEOPLE IN A SAFE ARENA
