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

praveen taneja

Well-Known Member
#21
Bro so many question and I am in fever but would reply on detail later but if u wait till 4500 then 4200 cant b ruled out
If you want to take a ride then use STP route
STP> systematic transfer plan in which you deposit ur investment in debt fund and get around 6-7% return and every mnth a fix amount watever u chose would b invested in equity by SIP in mf
dont have detail of other fund but if you invest in Reliance medium term fund there is no exit load in that and u can enjoy benefit of both reason for chosing debt fund is return is double then u r getting in saving a/c
My views can be differ from other people here but I prefer RMF then other fund bcoz all big names are on paper and on TV but in actuall they give less return and I saw that in portfolio of my clients
I still prefer whenever u invest in SIP u are always in profit whether mkt is going up or is going down but dont forget to chose dividend payout option and use dividends in avging ur portfolio when mkt is below ur avg cost Happy Investing bro God bless us all
 

rrmhatre72

Well-Known Member
#22
Bro so many question and I am in fever but would reply on detail later but if u wait till 4500 then 4200 cant b ruled out
If you want to take a ride then use STP route
STP> systematic transfer plan in which you deposit ur investment in debt fund and get around 6-7% return and every mnth a fix amount watever u chose would b invested in equity by SIP in mf
dont have detail of other fund but if you invest in Reliance medium term fund there is no exit load in that and u can enjoy benefit of both reason for chosing debt fund is return is double then u r getting in saving a/c
My views can be differ from other people here but I prefer RMF then other fund bcoz all big names are on paper and on TV but in actuall they give less return and I saw that in portfolio of my clients
I still prefer whenever u invest in SIP u are always in profit whether mkt is going up or is going down but dont forget to chose dividend payout option and use dividends in avging ur portfolio when mkt is below ur avg cost Happy Investing bro God bless us all
thanks PT for quick response.
I will wait for your detail analysis.
Wish you get recover from your fever this weekend & enjoy bear ralley next week with your puts.

One query on systematic transfer plan. Is it work within same fundhouse?
e.g. I choose reliance debt fund then will I able to transfer money to HDFC equity fund?
Also suggest me good debt fund as I never invested in them.
 

praveen taneja

Well-Known Member
#23
thanks PT for quick response.
I will wait for your detail analysis.
Wish you get recover from your fever this weekend & enjoy bear ralley next week with your puts.

One query on systematic transfer plan. Is it work within same fundhouse?
e.g. I choose reliance debt fund then will I able to transfer money to HDFC equity fund?
Also suggest me good debt fund as I never invested in them.
Bro only u can chose transfer of money in same mutual fund
before investing in debt fund u have to look also that is there any exit load or not and as in many debt funds there is an exit load and in Reliance medium term fund there is no exit load
most of debt funds give approx 5-7% but for stp u need a fund which dont charge u with early exit load:thumb:
Here many people know more then me and would appreciate if other too give there opinion as dont know why but I prefer only Reliance then others as I believe that in this Kaliyug Maya is Pradhan and RMF have max money approx Rs 135000 crore so that would be always a step ahead bcoz can afford good fund manager good publicity as have infrasturcture and service is superb:thumb:
 
#25
Hi
I would like to give some simple suggestions. Never take the money fully from the market. Instead first stop the sip temperorily and then still u strongly feel
market may go down, book or switch partially to debt fund. ( 20 or 30 0r 40 or 50% depends on your assessment). Once market falls put the money back through STP( systematic transfer plan- over 2-4 months) and continue your regular SIP.
Even the best of the best in the market cannot predict the market exactly ( like falling to 4500 or 4000 etc)
last year many people were waiting for the market correction before election. But suddenly market went up 10% following the result. So nothing is predictable except the uncertainity.
Your fund selections are good. But in general avoid sectoral funds(reliance power, tata infrastructure) unless u know the business cycles of sectors very well. All the remaining funds are star rated funds.....
All the best
 

rrmhatre72

Well-Known Member
#26
Hi
I would like to give some simple suggestions. Never take the money fully from the market. Instead first stop the sip temperorily and then still u strongly feel
market may go down, book or switch partially to debt fund. ( 20 or 30 0r 40 or 50% depends on your assessment). Once market falls put the money back through STP( systematic transfer plan- over 2-4 months) and continue your regular SIP.
Even the best of the best in the market cannot predict the market exactly ( like falling to 4500 or 4000 etc)
last year many people were waiting for the market correction before election. But suddenly market went up 10% following the result. So nothing is predictable except the uncertainity.
Your fund selections are good. But in general avoid sectoral funds(reliance power, tata infrastructure) unless u know the business cycles of sectors very well. All the remaining funds are star rated funds.....
All the best

Thanks drsambu123,

1. Pls suggest me good debt fund from HDFC, TATA & ICICI. (PT has already given for Reliance)
2. Switching from Equity >> debt >> Equity within year. Will I have tax liability? Also let me know any exit charges impact.
3. I agree with you sectorial funds are risky. But If I look around, India has huge power deficit & lack of infrastucture. Hence Every government has to push hard for this. I feel there should be continuous growth in this sectors fot next 10-15years. My horison is for 8years. Hence I aplied this logic while selecting these funds. Pls share your views on these sectors if I am missing something.
Your suggestions are welcome if you feel any other fund/sector will perform better in next 8years.
 

praveen taneja

Well-Known Member
#27
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
 

nikrod

Active Member
#29
Pls. Refer to this Thread for debt funds of HDFC & Reliance http://www.traderji.com/mutual-fund...nfused-about-fund-selection-2.html#post439974

Some of the good funds from Tata & ICICI are

ICICI Pru Long Term (Debt-Medium Term)
ICICI Pru Income (Debt-Medium Term)

Tata Income (Debt Short Term)

@Praveen Bhai - What made you so harsh with Tata & ICICI AMC's? They have some really good funds like everyone else.
 

praveen taneja

Well-Known Member
#30
Pls. Refer to this Thread for debt funds of HDFC & Reliance http://www.traderji.com/mutual-fund...nfused-about-fund-selection-2.html#post439974

Some of the good funds from Tata & ICICI are

ICICI Pru Long Term (Debt-Medium Term)
ICICI Pru Income (Debt-Medium Term)

Tata Income (Debt Short Term)

@Praveen Bhai - What made you so harsh with Tata & ICICI AMC's? They have some really good funds like everyone else.
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
 

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