Traderji.com - Discussion forum for Stocks Commodities & Forex


Mutual Fund Buy sell

Discuss Mutual Fund Buy sell at the Mutual Funds Discussion Forum within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Traderji, Can you pls comment on this. If we buy any mutul fund scheme ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > IPO's, MUTUAL FUNDS & ETF's > Mutual Funds Discussion Forum


Mutual Funds Discussion Forum Discuss and talk about Indian Mutual Funds here!


Reply
 
Thread Tools
  #1  
Old 28th January 2005, 12:19 AM
Member
 
Join Date: Dec 2004
Posts: 109
Thanks: 0
Thanked 2 Times in 2 Posts
gold_ranjit is on a distinguished road
Default Mutual Fund Buy sell

Hi Traderji,

Can you pls comment on this. If we buy any mutul fund scheme then can we sell it anytime we feel like selling or there is minumum time limit for it.

Can any one tell me can we buy Mutul Fund directly through ICICIDIRECT and the sell it the same way through online.

what are the brokerage charged while doin so... am new to mutul fund and have no idea.

Pls comment on this. All comments are wercomed.

Thank's

Ranjit




Last edited by gold_ranjit; 28th January 2005 at 12:21 AM. Reason: added sentences
Reply With Quote
Sponsored Links
  #2  
Old 28th January 2005, 12:55 PM
Member
 
Join Date: Mar 2004
Posts: 340
Thanks: 0
Thanked 54 Times in 18 Posts
TATrader has a spectacular aura aboutTATrader has a spectacular aura about
Default Re: Mutual Fund Buy sell

There is no minimum time involved in holding and then selling a mutual fund unless otherwise specified in the prospectus.

IDIDIDIRECT.com does not charge a brokerage in mutual fund transaction as they get commission from the mutual fund.

There is a load that the mutual fund charges while buying or selling their units.
Reply With Quote
  #3  
Old 1st February 2005, 11:39 AM
Member
 
Join Date: Jul 2004
Posts: 15
Thanks: 0
Thanked 0 Times in 0 Posts
minukrishna is on a distinguished road
Default Re: Mutual Fund Buy sell

Hi,
Mutual funds involve a transaction cost which is namely entry load and exit load.A fixed percentage on the amount invested will be charge dby the asset management company.
The percentage of loads vary between 1% & to a max of 2.5%.It is charged when you purchase or sell the units.Further u have to pay securities transaction tax at specified rates.
Reply With Quote
  #4  
Old 4th February 2005, 07:09 PM
Member
 
Join Date: Feb 2005
Posts: 539
Thanks: 0
Thanked 13 Times in 10 Posts
nkpanjiyar is on a distinguished road
Default Re: Mutual Fund Buy sell

Quote:
Originally Posted by gold_ranjit
Hi Traderji,

Can you pls comment on this. If we buy any mutul fund scheme then can we sell it anytime we feel like selling or there is minumum time limit for it.

Can any one tell me can we buy Mutul Fund directly through ICICIDIRECT and the sell it the same way through online.

what are the brokerage charged while doin so... am new to mutul fund and have no idea.

Pls comment on this. All comments are wercomed.

Thank's

Ranjit
Dear Ranjit,

TATrader and minukrishna had explained it beautifully. Adding to it, in case of Mutual Fund term used are Purchase and Redemption in place of buy and sell. As pointed out by Minukrishna, there are (may or may not be) entry and exit load associated with all schemes of Mutual fund companies.

You need to read the offer document (a very boring task infact !). In most of the cases for small investors like us exit load is nil if you keep the units for 06 months. Also minimum amount to invest is Rs 5000/- in most of the schemes. Also you can avail SIP to buy the units. Before purchasing MF look into their NAVs and past performance especially divident pay out.

Cheers,
nkpanjiyar
Reply With Quote
  #5  
Old 5th February 2005, 09:47 PM
Member
 
Join Date: Feb 2005
Posts: 4
Thanks: 0
Thanked 0 Times in 0 Posts
sitaram is on a distinguished road
Default Re: Mutual Fund Buy sell

Take a look at the Sundaram stable.
You can get away without paying the stiff 2.25% Entry Exit Load within their limits.
Reply With Quote
  #6  
Old 28th August 2005, 02:14 PM
Member
 
Join Date: Aug 2005
Posts: 8
Thanks: 0
Thanked 0 Times in 0 Posts
jdutt is on a distinguished road
Default Re: Mutual Fund Buy sell

Trader ji,

Please suggest some good mutual funds to choose from, some one suggested me growth fund from HSBC and RELIANCE. I want to open a SIP a/c, kindly guide.

Regards.
Reply With Quote
  #7  
Old 1st September 2005, 05:28 PM
Member
 
Join Date: Aug 2005
Location: India
Posts: 102
Thanks: 10
Thanked 229 Times in 62 Posts
ankurpcl is a jewel in the roughankurpcl is a jewel in the roughankurpcl is a jewel in the rough
Default Re: Mutual Fund Buy sell

Hi Jdutt,

I have following mutual funds and their past performace is very good.

Their names are:

Tata Infrastructure (D)
Frankline Prima
Reliance Growth (D)
Birla Mid Cap (D)

All above are very good mutual funds and if u want to invest only one I would
suggest Tata Infrastructure. Their NAV is around 13.00 and will be around 20.00
by the end of this year.

But one thing You have to learn is that Mutual Funds are mimum 1 Year investments to book good profits but at the same time much safer than Scrips.

Happy Investing !

Regards,
Ankur
Reply With Quote
  #8  
Old 5th September 2005, 08:19 AM
Member
 
Join Date: Aug 2005
Posts: 6
Thanks: 0
Thanked 0 Times in 0 Posts
yogendra is on a distinguished road
Default Re: Mutual Fund Buy sell

Hello Jdutt

The right way to invest in mutual funds is SIP.
Select funds with good track record and which will suffice to your objective.
Good equity funds are

Franklin India BLuechip fund
Franklin India Prima Fund
HDFC Equity fund
HDFC Top 200 Fund
Prudential ICICI Dynamic fund
Birla Dividend yield fund.
Relaince equity opportunity Fund.

Try to invest in diversified equity fund SIP and have investment horizon of 3-5 years.

Regards
Yogendra
Reply With Quote
  #9  
Old 11th November 2005, 11:37 AM
Member
 
Join Date: Nov 2005
Location: kolkata
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
nitesh is on a distinguished road
Default Re: Mutual Fund Buy sell

Hi all, for beginners in mutual fund investing here are 2 books/ magazines to read:
1) Outlook Money- guide to mutual fund investing
2) Mutual Fund Insight Magazine- Try Oct 15 to Nov 14 2005 issue; this is a good magazine to keep track of various mutual funds..
Reply With Quote
  #10  
Old 18th December 2005, 07:43 PM
Member
 
Join Date: Sep 2005
Posts: 26
Thanks: 0
Thanked 0 Times in 0 Posts
rbs_naidu is on a distinguished road
Default Re: Mutual Fund Buy sell

it is very nice you plan to open a SIP account..... UTI is offering good plan ...you may see it...If you want me to help in sending the form filled I can as I am a QUALIFIED mutual fund advisor....you can contact me on rbs_naidu at yahoo messenger


Reply With Quote
Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads for: Mutual Fund Buy sell
Thread Thread Starter Forum Replies Last Post
When to Buy? When to Sell? nkpanjiyar Equities 4 5th January 2008 04:35 AM


All times are GMT +5.5. The time now is 08:32 AM.

Indemnity, Disclaimer & Disclosure Notice:
By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum/site.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. Traderji.com does not vouch for any claims made by the advertisers of products and services. Traderji.com will not be held liable for any consequences in the event such claims are not honoured by the advertisers. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy or legality of any information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. Although we constantly delete all irrelevant content and/or SPAM, if you should find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © www.Traderji.com 2001 - , All rights reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243