Expection: to double the corpus over 5 years with minimum risk

[gabbar.singh]

My expectation is to double the corpus over 5 years with minimum risk. Please suggest me a basket of 5 good funds that can do this job.

[johnbest]

dear gabbar,

Go for balanced fund like HDFC Prudence, SBI Balanced, ICICI Balance Fund.....
Only HDFC Prudence can do the job for you. This link will help you
http://www.valueresearchonline.com/f...d=10&sort=desc


By the way.....RAMGARH WALO KA PAISA HAIN KYA

have a nice day
JB

[gabbar.singh]

Dear JB,

Nahi Bhai Apna paisa hai.

Thanx. I will go for HDFC Prudence and HDFC Equity - probably 50-50. Is it prudent?

GS

Originally Posted by johnbest

dear gabbar,

Go for balanced fund like HDFC Prudence, SBI Balanced, ICICI Balance Fund.....
Only HDFC Prudence can do the job for you. This link will help you
http://www.valueresearchonline.com/f...d=10&sort=desc


By the way.....RAMGARH WALO KA PAISA HAIN KYA

have a nice day
JB

[johnbest]

dear gabbar,

I will suggest you following fund (by precedence) :
HDFC Prudence Fund (Balance Type but more Equity ratio to get tax benefits)
ICICI Dynamic Plan (Equity Type with 0-100% Equity and 0-100% Debt. Also has given nice returns)
If you can take some risk ( only if your investment horizon is 3 or more yrs) go for any one of these, either UTI Infrastructure or ICICI Infrastructure....

Also you can do onething......40% in HDFC Prudence, 40% in ICICI Dynamic Plan and remaining in Infrastructure Theme.....

have a nice day
JB

[av1976]

Hi,

I am an NRI , based in UK for the last 2 years.

I would like to know the best online provider of investing og Mutual funds ( except ICICI) without any tie up with trading or demat account.

Moreover My investments are long term basis and I expect minimum of 15 % per year and i expect the following matrix will do the needful.


1.HDFC Equity
2.SBI magnum Global
3.SBI magnum Contra
4.Reliance Growth
5.Reliance Vision
6.Sundarm select BNP paribas
7.HDFC prudence Fund
8.DSP merry lynch Tiger.
9.Franklin prima Plus

can anybody advise the suitability of funds and recommend the proportion in percentqge in oreder to get the maximised return ?

Regards
AV

[gabbar.singh]

How do you compare HDFC Growth to HDFC Equity? Which has got lower risk?

[Vicky78]

HDFC has got a lower risk

[yoogi]

>>How do you compare HDFC Growth to HDFC Equity? Which has got lower risk?

I use moneycontrols portfolio pages to compare funds. (not returns, but portfolios. If I like a portfolio then I go for it.) Actualy nothing much to choose from these two HDFC funds. They have heavily invested in Oil, Engineering stcoks. Surprisingly both have heavy exposure to pharma.

HDFC Equity Fund (G) invests more in Media than technologies and other does the vice versa. So you choose between these two based on that.

[yoogi]

Originally Posted by av1976

Hi,

I am an NRI , based in UK for the last 2 years.

I would like to know the best online provider of investing og Mutual funds ( except ICICI) without any tie up with trading or demat account.

Moreover My investments are long term basis and I expect minimum of 15 % per year and i expect the following matrix will do the needful.


1.HDFC Equity
2.SBI magnum Global
3.SBI magnum Contra
4.Reliance Growth
5.Reliance Vision
6.Sundarm select BNP paribas
7.HDFC prudence Fund
8.DSP merry lynch Tiger.
9.Franklin prima Plus

can anybody advise the suitability of funds and recommend the proportion in percentqge in oreder to get the maximised return ?

Regards
AV

The idea of going for mutual funds is to avoid tracking too many stocks. But if you are going to buy 9 funds how are you going to track its performance, portfolio. The portfolio of funds change significantly. So you cannot remember and compare a funds investment objective, current performance etc. Also, you check out and read articles from cnn, (US site.)

1. Any portfolio of funds should have a index fund. Why they are the cheapest in terms of recurring expenses (well, they are supposed to be) and hence over a period of time, more likely to beat actively managed funds. So choose a Nifty fund (may be HDFC nifty plus fund or SBI index fund nifty option).Well, this one is a large cap fund. (20-30%).


2. Now choose a mid/small cap fund. May be two from two diffrend brands. Choice is yours. (if one then 20-30%, If two then 10-15% each)

Now go for some attractive/stylish fund offering, (again 1 or 2. Total 20-25%).

UTI Lifestyle fund. (I like the name of it. The Indians are spending big and more and more indians want to have and can afford better lifestyle. Time to cash on that. But I dont like the AMC. should be investing in Hi-end retail, Ac makers, Resorts, Airways, AMCs, clubs, )

Or Emerging markets fund that invests in BRIC nations. (I dont know which AMC offers this one. Again very attractive way for us to get exposure to chinese and brazil markets..).



Now go for a balanced fund ( 1 or 2. again 20-30%)
====================


Why I underlined that is very important. You may have your own debt instruments (ex, Fixed deposits). But you need this fund. Let us say you want to time the market. ie, by buying when it is low and by selling when it is high. How will you do that? can you time it better than a fund manager? definitely unlikely. How a fund manager can time a market if he is not allowed to sit on cash? If he can sit on cash, as is the case with balanced funds, he can try to time the market. Also some exposure to debt is good for a long term. So do add one or two. Here choose a fund that is well diversified among all caps.

Do let me know what you think of my suggestions.