1 vote
Birla Sun Life Dynamic Bond has been around since September 2004 and since its launch, it has maintained a record of positive returns in each and every quarter. Its three-year annualised returns (ended August 31), stands at 9.98 per cent, 289 basis points ahead of the category average. At its worst, the fund has given a yearly return (June 8, 2005 - June 8, 2006) of 4.54 per cent, still better than quite a few of its peers.
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1 vote
The equity segment of the domestic mutual fund industry is likely to bleed this month, too.
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1 vote
My late father had invested Rs 1,000 in SBI Magnum Multiplier and had opted for a dividend option around 10 years earlier. He, however, had made no nominees for this investment. I have been receiving dividend cheques and am unable to encash these.
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1 vote
My aunt, 62, is seeking advice on her investments in mutual funds. She plans to trim her portfolio to absolutely minimise her exposure to equities. She wants to redeem her unworthy funds and invest in instruments which will give her monthly returns. Please suggest some good monthly income plans (MIPs) and other investments where she can get monthly or quarterly returns. She has an existing investment of Rs 9 lakh in Post Office MIS and Rs 5 lakh in a bank fixed deposit.
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1 vote
For the first time in the last five quarters, the domestic mutual fund industry has managed to overcome the quarter-end effect and registered growth in its average assets under management (AAUM) in September. The growth came thanks to the fixed-income category and the good liquidity condition in the first half of the month.
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1 vote
I have an annual gross salary of Rs 8.6 lakh. I have done extensive tax saving for the year. But I need to invest another Rs 12,000 for this.
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1 vote
Hybrid equity funds, commonly known as balanced funds, are ideal candidates for constituting the core of a portfolio. In a balanced fund, the fund manager balances the funds equity-debt allocation according to the market conditions.
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1 vote
Many schemes launched in earlier bull market still trading below face value.
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1 vote
I am 32 years old and my family includes my parents, my 29-year old wife and a 3-year old child. My monthly take home salary is around Rs 1 lakh. My monthly expenses are Rs 30,000. Apart from this, I pay equated monthly instalments (EMIs) towards my home loan (Rs 32,786), car loan (Rs 7,198) and education loan (Rs 5,000). While my home loan will get cleared in nine years, my car loan will wind up by December and the education loan by March.
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1 vote
Should I invest in a mutual fund or SIP? I want to either invest around Rs 1 lakh at a stretch or Rs 3,000 each month, in the case of an SIP for at least five years.
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1 vote
Equity schemes have seen withdrawals of '7,613 crore so far this year.
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1 vote
More than a third of all equity schemes that are over five years old have already surpassed their previous net asset value (NAV) highs, reached in 2008. Despite this, mutual fund schemes continue to see redemptions.
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1 vote
Interest rates have certainly not peaked. As rates go up, prices will fall and yields will go up. Since you are willing to tolerate a little bit of risk, you can consider an MIP.
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1 vote
After a top quartile performance for three years, the fund found itself in the bottom quartile in 2009. But investors should not be in a hurry to write it off.
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1 vote
Considering that large-cap funds are finding it difficult to generate good returns, can you suggest some good mid-cap and small-cap funds? My horizon is four to five years.
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