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mutual fund selection help

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  #1  
Old 29th January 2010, 08:45 PM
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Question mutual fund selection help


i am a new bie to this forum.
jan 2009 i invesed 20000 in reliance infrastructure growth fund...
not satisfied with its performance though..

want to invest more in mutual funds..
what is the difference to invest in NFO and the current funds...

i plan for 3 years investment horizon with a capital of 50000 and monthly investment upto 2000 -4000
can you please suggest me some good mutual funds...

and how to invest monthly in the fund?

waiting for your reply...
thanks in advace...
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  #2  
Old 29th January 2010, 11:27 PM
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Default Re: mutual fund selection help

Indira,

Your core holdings should be in good large cap funds, followed by a smaller fraction in midcap (if capital allows). Thematic funds tend to be passing fads and should be avoided in general. NFOs, ULIPs should be avoided too.

There are several good large cap funds including Rel Regular Savings Equity, HDFC Top 200, DSPBR Top 100. Any of the would serve as good investments. Please check with the fund house for details on SIP.

-- Milind

Quote:
Originally Posted by indira_r View Post
i am a new bie to this forum.
jan 2009 i invesed 20000 in reliance infrastructure growth fund...
not satisfied with its performance though..

want to invest more in mutual funds..
what is the difference to invest in NFO and the current funds...

i plan for 3 years investment horizon with a capital of 50000 and monthly investment upto 2000 -4000
can you please suggest me some good mutual funds...

and how to invest monthly in the fund?

waiting for your reply...
thanks in advace...
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  #3  
Old 30th January 2010, 11:34 AM
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Default Re: mutual fund selection help

thank you fo the reply

i have a question...
other than SIP(which needs one to invest on specific date in a month)... any other way to invest on the day we prefer..(when market is low) what is this called and how to do it

i have a demat with icici direct.. can i invest in mutual fund through this...

and are there any debt mutual funds... which are more riskfree..
while investing in mutual funds..is it advisable to choose different category like some in large cap and some in mid cap?.. and is diversified better?

too many questions... waiting for ur reply
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  #4  
Old 30th January 2010, 03:42 PM
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Default Re: mutual fund selection help

Reliance infrastructure being an NFO, one should avoid investments in NFOs. Instead you should go for a fund which has a good track record for at least 5 yrs. Obviously a fund which done good for 5 yrs will not suddenly go down. Simultaneously, a bad fund for 5 yrs cannot do good suddenly unless there is a change of fund manager or the like.

I had done the same mistake by investing in Reliance Natural Resource Fund, HDFC Infrastructure and ICICI Pru Fusion III series at NFO stage. Reliance NRF is still in red after long two years whereas other two r giving 5-7% profit after 2 long yrs.

You may consider following funds:

Reliance Regular Saving Fund
Reliance Growth
ICICI Infrastructure fund
HDFC Top 200
Reliance Banking is also expected to do well in the future.

With my little knowledge i could derive above conclusions. Hope they help u.

Kaushal
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  #5  
Old 30th January 2010, 04:02 PM
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Question Re: mutual fund selection help

i have zeroed in some funds...

DSP BR equity fund
Reliance regular saving equity
Reliance growth
Birla sun life mid cap plan A

can yo please tell me which on these are mid cap and large cap...
i want to invest in large cap, mid cap... and debt funds too

can you please suggest me a debt MF and a tax saving fund...
what is mean by an expense ratio.. and what is its criteria while selecting the fund..


please help since i want to sart investing this monday when the market opens after weekend...
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  #6  
Old 31st January 2010, 02:41 PM
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Default Re: mutual fund selection help

This should help
http://www.mutualfundsindia.com/sch_...form_on=91days
At the moment you need not think about debt funds, your entry and exit timing is all important.
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  #7  
Old 1st February 2010, 09:41 AM
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Default Re: mutual fund selection help

Reliance RSF Equity is the only large cap among those. Other largecaps with good track record are HDFC Top 200, DSPBR Top 100, Birla sun life frontline equity. Please refer to value research

Quote:
Originally Posted by indira_r View Post
i have zeroed in some funds...

DSP BR equity fund
Reliance regular saving equity
Reliance growth
Birla sun life mid cap plan A

can yo please tell me which on these are mid cap and large cap...
i want to invest in large cap, mid cap... and debt funds too

can you please suggest me a debt MF and a tax saving fund...
what is mean by an expense ratio.. and what is its criteria while selecting the fund..


please help since i want to sart investing this monday when the market opens after weekend...
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indira_r (1st February 2010), mrindia (5th February 2010)
  #8  
Old 5th February 2010, 07:22 PM
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Default Re: mutual fund selection help

Quote:
Originally Posted by indira_r View Post
can you please suggest me a debt MF and a tax saving fund...
.
HDFC Taxsaver is good in the tax saving category. You can take a look at it.
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  #9  
Old 6th February 2010, 02:01 PM
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Default Re: mutual fund selection help

Quote:
Originally Posted by indira_r View Post
thank you fo the reply


i have a demat with icici direct.. can i invest in mutual fund through this...

and are there any debt mutual funds... which are more riskfree..
while investing in mutual funds..is it advisable to choose different category like some in large cap and some in mid cap?.. and is diversified better?

too many questions... waiting for ur reply
Indira ji,

yes ,ICICI direct is perfect for mutual fund buying and redeeming
They have most of the funds

also If please tell me your expected return in debt based funds (% annually)
I can throw in some names ,Debt based funds are very good to park money ..although at lower return rate especially if we are unable to predict markets
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  #10  
Old 16th February 2010, 12:01 PM
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Default Re: mutual fund selection help

Quote:
Originally Posted by pasha View Post
This should help
http://www.mutualfundsindia.com/sch_...form_on=91days
At the moment you need not think about debt funds, your entry and exit timing is all important.
Very useful information here.Thanks!


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