Want to make Rs 5lac by investing Rs 2k PM is it Possible????

#31
debt to equity

Yes shifting will attract short term capital gain tax. So we should not shift for minor corrections like 5% etc.I generally switch when market falls atleast 10%. again i dont switch fully from debt to equity. I switch 20 % of debt money to equity when market falls 10-15%. So u can set your own triggers. Simple example if ur SIP is 1000 then increase to 1200 when market falls 10-15%. Why because falling market may fall further. No body can predict. so keeping triggers can eliminate our emotions and avoiding frequent shifts from debt-equity-debt( which is never be a good concept)
 

praveen taneja

Well-Known Member
#32
My second instalment
Reliance growth Fund Rs 1000/ Units now36.757 avg cost 54.411 current NAV53.728 current cost 1974.90
Reliance Vision Fund Rs 1000/ Units now 48.950 avg cost 40.858 Current NAV 40.505 current value 1982.74:thumb:
God is gr88888888
Sorry friends forgot to update this thread:thumb:
My Third Instalment went on 28-06-2010

Reliance growth Fund Rs 1000/ Units now 54.433 avg cost 55.1140 current NAV57.8156 current cost Rs.3147.08
Reliance Vision Fund Rs 1000/ Units now 72.059 avg cost 41.6330 Current NAV 44.4858 current value 3205.60
Total Value of investment now Rs. 6352.68
God is gr8888888888:clap:
 

alroyraj

Well-Known Member
#33
Dont know why but I feel choice of TATA is bad and ICICI mf is worst
If u wan t to go for other MF then Reliance that i son no two Franklin No 3 SBI No 4 HDFC No 5 according to me better put in Bank FD instead of chosing fifth MF there so many boasting but on performance wise all are same either Axis Religare Birla or escorts or huge pile of worst performers JM etc
HDFC Equity funds may not be so good especially from a dividend poimt of view. One thing i noticed id that HDFC Prudence a balanced fund has given CAGR of 25% higher than equity funds from inception and esp in last few years. Dont know about the dividends.
Bro this is no tukka and I am telling you by experience of my clients that they give return only on websites
websites show bad of Reliance and praise TATA and ICICI and when u see dividends given there is huge difference
PS I have no personnel relation with Anil Ambani or Tina Muneem:p:p:p
ICICI and HDFC are the worst esp for mid cap and small cap schemes,worst performance at the bottom of the heap out of a total of 40 funds. Reliance growth and vision are legendary in terms of performance till date along with Reliance Diversified Power and HDFC Prudence. I agree with your view ,you have indirectly said,that better to invest in a fund house having better number of performing schemes.
What is your view on Reliance Diversified Power and HDFC Prudence, Praveen bhai?
 

praveen taneja

Well-Known Member
#35
Mutual Funds tend to do extremely well in Bull Markets.
Mutual fund Mostly perform extremely well question is which MF u chose and the way u chose
even in Bull mkt single premium is always at risk and SIP is queen of all profit seekers
leave away last bull mkt even in 2007 -2008-2009 the high low & high even in that position customer are sitting at good profit now even single premium in most of suggested MF are at 20% + profit
Moral is its not the weapon which must be good but fighter too know how and where to use that :thumb:
 

praveen taneja

Well-Known Member
#36
What is your view on Reliance Diversified Power and HDFC Prudence, Praveen bhai?
RPDF would be next money maker after Growth Vision and Regular saving fund:thumb:
But one have to waitfor 2012-13 at least for good gain
Prudence is choice only in that case if one want to invest for more then 10 years
 

praveen taneja

Well-Known Member
#37
Sorry friends forgot to update this thread:thumb:
My Third Instalment went on 28-06-2010

Reliance growth Fund Rs 1000/ Units now 54.433 avg cost 55.1140 current NAV57.8156 current cost Rs.3147.08
Reliance Vision Fund Rs 1000/ Units now 72.059 avg cost 41.6330 Current NAV 44.4858 current value 3205.60
Total Value of investment now Rs. 6352.68
God is gr8888888888:clap:
My Forth and fifth Instalment went on 28-07-2010,28-08-2010

Reliance growth Fund Total Rs 5000/ Units now 88.953 avg cost 56.2090 current NAV60.0252 current Value Rs.5339.42
Reliance Vision Fund Total Rs 5000/ Units now 117.249 avg cost 42.6440Current NAV 45.2421 current value 5304.59
Total Value of investment now Rs. 10644.01
God is gr8888888888:clap:
 
#38
My Forth and fifth Instalment went on 28-07-2010,28-08-2010

Reliance growth Fund Total Rs 5000/ Units now 88.953 avg cost 56.2090 current NAV60.0252 current Value Rs.5339.42
Reliance Vision Fund Total Rs 5000/ Units now 117.249 avg cost 42.6440Current NAV 45.2421 current value 5304.59
Total Value of investment now Rs. 10644.01
God is gr8888888888:clap:
Taneja ji kahan hain aaj kal

Apke Reliance Growth ki NAV 1000 se uper ho gayi hai.
Maltlab ye NAV se JAHAJ ban gayi hai.
 

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