My experiments with MFs
- Thread starter timepass
- Start date
One more puzzle :
I am holding Rs. 600 worth of DSP Nifty 50 equal weight direct IDCW, it is in two folios.
But I received IDCW in one folio and not the other
IDCW not received here :
That being said, dividend of Rs. 15.83 on an investment of Rs. 300 is good, with price appreciation.
Another thing : I had opted for IDCW PAYOUT, but they have reinvested it.
I am holding Rs. 600 worth of DSP Nifty 50 equal weight direct IDCW, it is in two folios.
But I received IDCW in one folio and not the other
IDCW not received here :
That being said, dividend of Rs. 15.83 on an investment of Rs. 300 is good, with price appreciation.
Another thing : I had opted for IDCW PAYOUT, but they have reinvested it.
One more puzzle :
I am holding Rs. 600 worth of DSP Nifty 50 equal weight direct IDCW, it is in two folios.
View attachment 50326
But I received IDCW in one folio and not the other
I am holding Rs. 600 worth of DSP Nifty 50 equal weight direct IDCW, it is in two folios.
View attachment 50326
But I received IDCW in one folio and not the other
Give them a call at their support number and get it resolved. This is one of the things I'm sceptical about these Mutual Funds.
In a first, a liquid fund suffered a price crash.
TrustMF Liquid Fund Direct Growth had nearly half a percent downside yesterday.
https://www.trustmf.com/nav_dividend
Why am I bothered ?
This is why.
Not really a good alternative to bank savings account.
TrustMF Liquid Fund Direct Growth had nearly half a percent downside yesterday.
https://www.trustmf.com/nav_dividend
Why am I bothered ?
This is why.
Not really a good alternative to bank savings account.
Strange going ons..... the value has changed between morning and now
The dashboard too is restored.
Even the AMFI bhav copy is showing a different value for the same date, as compared to morning.
Something tells me again and again that MFs are at presently at country club stage, a closed world with very much laid back attitude, as were the stock 30-40 years ago before the computerization.
That time there were 15 odd stock exchanges in India, now there are about 40 odd fund houses calling the shots.
The dashboard too is restored.
Even the AMFI bhav copy is showing a different value for the same date, as compared to morning.
Something tells me again and again that MFs are at presently at country club stage, a closed world with very much laid back attitude, as were the stock 30-40 years ago before the computerization.
That time there were 15 odd stock exchanges in India, now there are about 40 odd fund houses calling the shots.
DSP MUTUAL FUND came out with their Banking Fund in 1st Week of Dec 2023.
They claim banking has the lowest valuation currently. Unfortunately received an email with the below:
Dear Investor,Please note that the Risk-o-meter of DSP Banking & Financial Services Fund has been revised to indicate
the risk level as ‘Very High Risk’ as against ‘High Risk’ earlier.
The revised Risk-o-meter of DSP Banking & Financial Services Fund => ‘Very High Risk’
*Investors should consult their financial advisors if in doubt about whether the scheme is suitable for them.
.. and the scheme is anyways below cost
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