Systematic Investment Plan
- Thread starter TATrader
- Start date
Reliance Securities, the Equity Broking arm of Reliance Capital announced yet another launch of their new Product - Regular Stock Purchase Plan (RSP Plan), a plan wherein retail investors get an opportunity to invest in their favourite stocks and ETF's of choice in a systematic manner and over sustained periods. The said period could be Daily, Weekly or monthly stretched over a year and more.
Regular Stock Purchase Plan offers a SIP (Systematic Investment Plan) like option to customers to invest in the Equity Market. This helps in accumulating wealth by making small, regular investments over a period of time. RSP plan allows you to buy scrips for a regular interval over a period for specified amounts or defined quantities.
"Basically, one cannot time the markets We can never predict the market movements precisely and decide when would be the right time to invest. Buying regularly helps average out the ups and downs of the market. Invest a small amount regularly in any fundamentally good company and 'accumulate wealth' along the way. Through RSP plan, customers get an option to invest at a regular interval from the plethora of scrips that are available in the scrip basket that is offered by Reliance Securities",
RSP plans offers two options for Equity Investments, amount-based and quantity-based. Under the amount based RSP plan customers can invest a fixed amount in the desired stocks at the set frequency, and under the quantity based a fixed quantity at the set frequency is purchase.
"The preliminary research on the product has been very promising. they have got 5,000 enrolments in the Ist week itself and plan to take this number to 10,000 by the end of the first month itself",
pls share ur views????????????????
Regular Stock Purchase Plan offers a SIP (Systematic Investment Plan) like option to customers to invest in the Equity Market. This helps in accumulating wealth by making small, regular investments over a period of time. RSP plan allows you to buy scrips for a regular interval over a period for specified amounts or defined quantities.
"Basically, one cannot time the markets We can never predict the market movements precisely and decide when would be the right time to invest. Buying regularly helps average out the ups and downs of the market. Invest a small amount regularly in any fundamentally good company and 'accumulate wealth' along the way. Through RSP plan, customers get an option to invest at a regular interval from the plethora of scrips that are available in the scrip basket that is offered by Reliance Securities",
RSP plans offers two options for Equity Investments, amount-based and quantity-based. Under the amount based RSP plan customers can invest a fixed amount in the desired stocks at the set frequency, and under the quantity based a fixed quantity at the set frequency is purchase.
"The preliminary research on the product has been very promising. they have got 5,000 enrolments in the Ist week itself and plan to take this number to 10,000 by the end of the first month itself",
pls share ur views????????????????
HI,
I have invested in the following funds since last year.
1. UTI-UNIT LINKED INSURANCE PLAN - 10 YEAR PLAN ( one time invested 48344 Rs/-)
2. UTI - DIVIDEND YIELD FUND GROWTH OPTION (1000/month)
3. UTI-EQUITY FUND (Formerly UTI-Mastergain Unit Scheme) - GROWTH PLAN (1000/month)
4. UTI-MNC FUND - GROWTH PLAN (1000/month)
5. UTI-MASTER VALUE FUND - GROWTH PLAN (1000/month)
6. UTI OPPORTUNITIES FUND - GROWTH PLAN (1000/month)
Please suggest how much return I can get after 5 years and whether these are ok to my porfolio or not.
I have invested in the following funds since last year.
1. UTI-UNIT LINKED INSURANCE PLAN - 10 YEAR PLAN ( one time invested 48344 Rs/-)
2. UTI - DIVIDEND YIELD FUND GROWTH OPTION (1000/month)
3. UTI-EQUITY FUND (Formerly UTI-Mastergain Unit Scheme) - GROWTH PLAN (1000/month)
4. UTI-MNC FUND - GROWTH PLAN (1000/month)
5. UTI-MASTER VALUE FUND - GROWTH PLAN (1000/month)
6. UTI OPPORTUNITIES FUND - GROWTH PLAN (1000/month)
Please suggest how much return I can get after 5 years and whether these are ok to my porfolio or not.
I have invested(SIP) in the following funds since 2 years;
1. HDFC EQUITY FUND (D-RI) - Rs5000
2. RELIANCE REGULAR SAVINGS (D-RI) - Rs5000
3. SBI MAGNUM EQUITY (D-RI)- Rs5000
4. SBI MAGNUM SECTORAL FUNDS UMBRELLA CONTRA (G)- Rs5000
5. RELIANCE DIVERSIFIED POWER (G)- Rs5000
5. DSP BLACK ROCK WORLD GOLD REGULAR PLAN (D-RI)- Rs5000
I plan to invest from this year additional 5000/ each in DSP BlackRock Small and Mid Cap Fund Reg (G) and IDFC Premier Equity Fund - Plan A (G).
Guys, appreciate your feedback on the portfolio before I further renew for another year.
1. HDFC EQUITY FUND (D-RI) - Rs5000
2. RELIANCE REGULAR SAVINGS (D-RI) - Rs5000
3. SBI MAGNUM EQUITY (D-RI)- Rs5000
4. SBI MAGNUM SECTORAL FUNDS UMBRELLA CONTRA (G)- Rs5000
5. RELIANCE DIVERSIFIED POWER (G)- Rs5000
5. DSP BLACK ROCK WORLD GOLD REGULAR PLAN (D-RI)- Rs5000
I plan to invest from this year additional 5000/ each in DSP BlackRock Small and Mid Cap Fund Reg (G) and IDFC Premier Equity Fund - Plan A (G).
Guys, appreciate your feedback on the portfolio before I further renew for another year.
Suggest avoid UTI. They are very customer unfriendly, esp in schemes where Karvy has been given the task to manage the refunds etc.
My father had invested > 1 lakh in one leadership fund. When he expired UTI guys told me that that there was a lockin for three years so it could only be transfered to my name. This appears to be wrong because in case of death it is logical that the amount has to be settled. So they transfered the fund to my name.
Now three years are over and I have applied at least three times and visited three / four times the UTI office to get refund. They have outsourced this a Karvy who have a desk in their office. They give extremely silly answers. Once they returned the application saying that I should submit only between 1st and 5th. Once when I went personally to heir Chennai Office, UTI manager directed me to Karvy desk saying he could not do anything. The Karvy guy is generally missing from his desk. When he came after an hour he told me computer is down, please come tomorrow!
Who has the time in today's world for visiting offices twice? If you are working in UTI or Karvy, you may have.
After that I decided never to invest with UTI.
Best of luck
Rajeev
My father had invested > 1 lakh in one leadership fund. When he expired UTI guys told me that that there was a lockin for three years so it could only be transfered to my name. This appears to be wrong because in case of death it is logical that the amount has to be settled. So they transfered the fund to my name.
Now three years are over and I have applied at least three times and visited three / four times the UTI office to get refund. They have outsourced this a Karvy who have a desk in their office. They give extremely silly answers. Once they returned the application saying that I should submit only between 1st and 5th. Once when I went personally to heir Chennai Office, UTI manager directed me to Karvy desk saying he could not do anything. The Karvy guy is generally missing from his desk. When he came after an hour he told me computer is down, please come tomorrow!
Who has the time in today's world for visiting offices twice? If you are working in UTI or Karvy, you may have.
After that I decided never to invest with UTI.
Best of luck
Rajeev
Re: OneTime Investment vs SIP
SIP works well only in a downward biased market . In a bull run SIPs perform badly. SIP outgo should be reduced in a highly valued market and should be increased in a bear or undervalued/downtrend market.
All the examples makes no sense when you look at the performance of majority of the funds(85-90%) that are available, the SIPs in these funds over a long period(3+ years) have not yielded anything better than fixed deposits
SIP works well only in a downward biased market . In a bull run SIPs perform badly. SIP outgo should be reduced in a highly valued market and should be increased in a bear or undervalued/downtrend market.
All the examples makes no sense when you look at the performance of majority of the funds(85-90%) that are available, the SIPs in these funds over a long period(3+ years) have not yielded anything better than fixed deposits
Avoid DSP Tiger and Rel Infra. Replace them with ICICI Pru Dynamic or Discovery and Quantum LTE.
Other good funds are DSP Equity and Fidelity Equity.
On another note, if your SIP amount (Rs 5000/-) is executed in one day of a month then better spread it across 4 or 5 dates. There are even daily SIPs available for as low as Rs 100 per day. I recommend this because in an oscillating market you will get better averaging through daily/weekly SIPs . If monthly is the options available then go for Rs 500/1000 on 5 different dates. Some may argue that in the long run it does not matter, but my experience shows otherwise.
Another thing to note is if market valuations are running higher better reduce your SIP outgo and vice versa. Definitely this will work better than regular fixed SIPs of large amount.
Other good funds are DSP Equity and Fidelity Equity.
On another note, if your SIP amount (Rs 5000/-) is executed in one day of a month then better spread it across 4 or 5 dates. There are even daily SIPs available for as low as Rs 100 per day. I recommend this because in an oscillating market you will get better averaging through daily/weekly SIPs . If monthly is the options available then go for Rs 500/1000 on 5 different dates. Some may argue that in the long run it does not matter, but my experience shows otherwise.
Another thing to note is if market valuations are running higher better reduce your SIP outgo and vice versa. Definitely this will work better than regular fixed SIPs of large amount.
I think investors may start to correct the feverish run made on US stocks last week and they will return that money into gold this week. Hopefully that is a correct analysis. Am I way off on this one, because with marketsworld.com like all binary options sites, although you can double your money when right, you also lose the entire investment when wrong, so I would love to hear anyone's opinion on this theory for gold.
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