Does anyone use the services of Religare? We are considering investing in their Leo fund which is a PMS for Rs 500,000.
1. I would like to know how the trading community rates them and who would be a peer comparable or better to them.
2. Does it make sense to enter either into a PMS system or a mutual fund now, when there seems to be two opinions going around - a. that we would possibly touch 12-12.5K by Diwali and there is a correction in the offiing either pre or post Diwali.
I dont trade, am only a long term investor and am invested in both Equity and Mutual Funds. Looking at diversification and in my spread this is not a major chunk. I am willing to lose some money but would rather do it learning to trade than give up control. I want to try them out and see what type of returns so if someone has any experience dealing with them, would be a good starting point for me.
regards to all - Shubh Sunday and happy investing on Monday.
Interesting to see that about 22% feel we are going to go above 12.5K of which I am one. But then I am just a green lad, still wet behind the ears.
Bigger high and lower low, so when it crashes it will go below 8800 for sure. But I have nothing to loose just now.
A corollary question is: should I stay invested in blue chips long term? Or should I book profits with at least 50% of my holdings around 12000 if we arrive there? I think the way we are going, it is a matter of another 2 weeks. Someone seems to be in a hurry or am I reading things wrong?
Jayesh
1. I would like to know how the trading community rates them and who would be a peer comparable or better to them.
2. Does it make sense to enter either into a PMS system or a mutual fund now, when there seems to be two opinions going around - a. that we would possibly touch 12-12.5K by Diwali and there is a correction in the offiing either pre or post Diwali.
I dont trade, am only a long term investor and am invested in both Equity and Mutual Funds. Looking at diversification and in my spread this is not a major chunk. I am willing to lose some money but would rather do it learning to trade than give up control. I want to try them out and see what type of returns so if someone has any experience dealing with them, would be a good starting point for me.
regards to all - Shubh Sunday and happy investing on Monday.
Interesting to see that about 22% feel we are going to go above 12.5K of which I am one. But then I am just a green lad, still wet behind the ears.
Bigger high and lower low, so when it crashes it will go below 8800 for sure. But I have nothing to loose just now.
A corollary question is: should I stay invested in blue chips long term? Or should I book profits with at least 50% of my holdings around 12000 if we arrive there? I think the way we are going, it is a matter of another 2 weeks. Someone seems to be in a hurry or am I reading things wrong?
Jayesh
