Request: SIP Strategy Suggestions

[meetvetri]

Hi,

I'm looking to invest through SIP route in Mutual Funds with a 15-20 year horizon.

Requesting from fellow forum members who have invested in SIP for at least 10 years.

Kindly enlighten me on the following.

1. Could you share details of the MF scheme you invested and gains made over these years?
2. How did you selected the fund you started and continue to invest?
3. Did you ever switch the funds? If so, what was the motivation?
4. Did you increase the periodic amount over years?
5. How to remain disciplined in tough times?
6. What are indicators for alarm bells?
7. Does cash out attracts normal IT rate or can take long term capital gains?
8. Is there a bull market vs bear market phase to be considered for starting the SIP?
9. Any other suggestions?

I'm looking for something like this

 

[prasanth11]

1. I have invested in ELSS Frankling India Tax Gain. - 20000rs on 01-4-2013 Now its Value now is 31,938 as on 19-9-2014.
No long term gains sofar. I made good returns of 38% from SBI Emergening Business fund and exited (12months period)
Its BULL run now,so all Equity MFs are in Green,dont expect this when markets are bear phase
2. I looked at 5 yrs and 3yrs returns and tool decision on 5 yrs return basis

3.Yes, Switched from SBI Emerg Busi Fund to Debt fund to lock profits.
4.I still about to do it
5.Best to avoid volatility is SIP but when you need money and market in Deep Red, its may be lower than FDs. ONly funds above 5yrs age will give constant 15% above returns before than it may be largely volatile
Market is now at all time high, No one knows what is max level before correction (obvious) starts..IF you invest in Lumpsum, we may be trapped in market heights and waiting for exit with min profits. after.

6. Your mind is your alarm bell, fix a return which satisfies you,exist and park the money in fixed income plans. Equity markets are like falling knife. Trying Catching them for perfect exit and perfect entry leaves you nothing less than bleeds. You cant time exit/entry 9 out of 10 times unless your are financial professional.
7. Taxing is as follows

For Equity MF less than 12 months - Tax at 15%
more than 12 months - Long term capital gains -Tax free

8. SIP better method to get avg returns beating inflation. Start as soon as possible. No best time. or elso you invest more if you feel market falling/bear phase

9.

PS : I am not a long term investor till now but trying to be one.

My parents had andhra bank shares at 10rs . We sold them in last bull run at 190rs . in 2010 which is CAGR 34%.ITs just perfect exit. None else we able to time



Let members will real experience in MFs come and share their experience

 

[prasanth11]

1. I have invested in ELSS Frankling India Tax Gain. - 20000rs on 01-4-2013 Now its Value now is 31,938 as on 19-9-2014.
No long term gains sofar. I made good returns of 38% from SBI Emergening Business fund and exited (12months period)
Its BULL run now,so all Equity MFs are in Green,dont expect this when markets are bear phase
2. I looked at 5 yrs and 3yrs returns and tool decision on 5 yrs return basis

3.Yes, Switched from SBI Emerg Busi Fund to Debt fund to lock profits.
4.I still about to do it
5.Best to avoid volatility is SIP but when you need money and market in Deep Red, its may be lower than FDs. ONly funds above 5yrs age will give constant 15% above returns before than it may be largely volatile
Market is now at all time high, No one knows what is max level before correction (obvious) starts..IF you invest in Lumpsum, we may be trapped in market heights and waiting for exit with min profits. after.

6. Your mind is your alarm bell, fix a return which satisfies you,exist and park the money in fixed income plans. Equity markets are like falling knife. Trying Catching them for perfect exit and perfect entry leaves you nothing less than bleeds. You cant time exit/entry 9 out of 10 times unless your are financial professional.
7. Taxing is as follows

For Equity MF less than 12 months - Tax at 15%
more than 12 months - Long term capital gains -Tax free

8. SIP better method to get avg returns beating inflation. Start as soon as possible. No best time. or elso you invest more if you feel market falling/bear phase

9.

PS : I am not a long term investor till now but trying to be one.

My parents had andhra bank shares at 10rs . We sold them in last bull run at 190rs . in 2010 which is CAGR 34%.ITs just perfect exit. None else we able to time



Let members will real experience in MFs come and share their experience