Do things like mutual funds baffle you? Are you aware of the investment options they provide? What are the best mutual funds available in the market? Which funds accrue maximum profits? What are the crieria for evaluating a fund?
Which funds provide the best SIP options? Are SIPs the easy way of making quick bucks? When and how should one buy mutual funds?
To get answers to your queries, speak to mutual fund expert
Rahul Goel on
November 8 at 1 pm.
Rahul Goel says, Good afternoon! Wish you all a very Happy Diwali! Let's start the discussion...
sampat asked, i am sampat,happy diwali to all of u. i have invested in jm basic div-reinvest,DSP-ML tiger div reinvest. but growth option of both funds have returned much better return comparative to div. should i switch to growth?
Rahul Goel answers, at 2007-11-08 12:58:38sampat, hi. more important than whether you should be in the growth or div reinvestment option is whether you are invested in the right schemes! for most investors, rather nearly all, its best to invest in well-managed diversified funds only. with regards to being in div or growth option, that should depend on your need for capital. if you need money, then opt for the div option; else go in for growth.
qazi asked, HI WISH U HAPPY DIWALI In your earlier chats you mentioned word core funds what does that mean? can u explain please
Rahul Goel answers, qazi, hi. core funds would mean those which would form the largest and most important chunk of your portfolio. this would comprise funds which are really the best suited for you, and where the risk return tradeoff is firmly in your favour.
pritam asked, I've invested in DSP ML Small and Mid Cap Fund, Sundaram Rural India Fund and ICICI Equity Derivatives Fund all Growth Options are they good funds pls advice
Rahul Goel answers, pritam, hi. well, these are sectoral/thematic funds (the first two). if you understand the risk that comes along with sector funds then good. else, you should take a relook at your portfolio.
pradeep asked, Hi, In the view of volatility of market, is it advisable to invest now or wait for some time and study.
Rahul Goel answers, pradeep, hi. if you have appetite for risk then you may want to invest at one go. however, a better strategy would be to space out your investments over the next several months. SIPs and STPs are a good option.
sampat asked, i am planning to but 24 carat gold. is it useful to invest in gold or to invest in ulip for 10-12 years through sip. ulip is icici flexi cap pension plan
Rahul Goel answers, sampat, hi. gold off late has become very popular amongst investors due to the spurt in prices. however, you need to be careful about where you buy gold from. we recently did some research and it was eye opening... you can see it here - www.personalfn.com/gold
dolphy asked, Is it worth investing in reliance diversified power sector fund?
Rahul Goel answers, dolphy, hi. power sector funds are very popular these days. the most rational of investors are tempted to put in some money. however, in our view, one should avoid such funds. in any case well-managed diversified equity funds may own power stocks in their portfolio if it meets their investment criteria. why invest in funds where the money has to be invested in a particular sector. this could work against you when the cycle for power stocks turns.
BINOD asked, is there any mutual fund which gives guaranteed returns
Rahul Goel answers, binod, hi. mutual funds do not give guaranteed returns. if someone has told you that they do, beware!
sam asked, hi,let me know the future of standard charter premier equity as it is hot in this year. i want to invest 5k in this month. plz let me know the any colsed ended fund.
Rahul Goel answers, sam, hi. as a rational investor you should not be investing in what is hot. you should be investing in instruments which will deliver you the desired return over the time frame you wish to invest for. and also why do you wish to invest in a close ended fund? it may be best to invest in the well-managed diversified equity funds which have been there for many yesrs now and consistently delivered.
vishalgawand asked, hi rahul its vishal here.i hv observed dat a one time investment proves fruitful than SIP considering identical returns say 15%.then y shud 1 go 4 SIP
Rahul Goel answers, vishal, hi. you are right. but this would hold true only in a rising market. if the markets were volatile or if they were to fall, then SIPs would be far better. and given the fact that no one knows where the markets are headed, its best to go in for SIPs.
Moneysh asked, Hi Rahul ! Happy Diwali
is it safe to invest in funds with concentrated holdings? can u please name a few good funds who have concentrated portfolio yet they have performed well and worth investing..
Rahul Goel answers, hi, as long as you understand that funds with concentrated holdings are more risky per se it is ok. for example hdfc equity fund is a lot more concentrated as compared to hdfc top 200. your portfolio of funds should refect your preference for risk. best is to have a mix of both.
Rahul Wavhal asked, in present days when market is at peak, where I can go and invest money for tax rebate? Pls. let me know
Rahul Goel answers, rahul, hi. we still think that over a three year time frame the stock markets offer an attractive investmetn oppotunity. if your allocation permits, then you should consider tax-saving mutual funds.
mike asked, Hello Rahul, what is your view for investment in icicipru dynamic and sundaram capex fund?
Rahul Goel answers, mike, hi. if you were a personalfn client, we would not have recommended either fund to you. we do not recommend sectoral funds or funds which undergo a change in mandate as it beings in an unnecessary element of uncertainty from a future perspective. we prefer funds like hdfc equity and fr india flexicap.
Anwar asked, Dear Rahul, is it the right time to re Invest in MF's...
Rahul Goel answers, anwar, hi. anytime is a good time to invest. just select the schemes well and suit the mode of investment (lump sum or SIP) to your appetite for taking on near term risk.
Ashok asked, Good afternoon, Sir, I would wish to know as to which sector funds would be more investment worthy for the next 2-3 years ?
Rahul Goel answers, ashok, hi. let me turn the table and ask you why you wish to invest in sector funds in the first place?! are you not familiar with what happened to tech funds and pharma funds in recent history?
Abhik asked, Hi Rahul, I wanted to know a few things reagrding investment in ELSS.I have selected HDFC tax saver, SBI Magnum Tax Gain,Franklin Indai Tax Shield. Do u think the selection is good? How much should i invest in each of teh scheme % or amount wise? I have arnd 60000 to invest dis fiscal in mutuasl funds. What kind of term insureance should i opt for? I mean covberage and no of years wise?
Rahul Goel answers, abhik, hi. hdfc tax saver and fr taxshield are funds we tend to recommend to our clients. you may want to split the monies evenly between the two. with regards to insurance, opt for pure life insurance. take a large cover, which will cover all your family's needs till you are about 55 yrs of age. pure life cover is very affordable.
Anvita asked, whether to invest in share or Mutual fund?
Rahul Goel answers, anvita, hi. the answer would depend on your skill and also the time you have. if you have neither or any one, but not both, then mutual funds are best for you.
nileshb18@rediffmail.com asked, ok , happy diwali to u also. pl guide me abt financial planning.
Rahul Goel answers, nilesh, hi. that's a very broad question! here's a short cut :-) pl download our financial planning guide from www.personalfn.com/investment/ms
anurag asked, Hi Rahul i have invested 90% in equity and 10% in mutual funds. IS that a right combination or do I need to trim down the equity exposure
Rahul Goel answers, anurag, hi. your allocation suggests that you have several hours a day to track your investments in shares and also identify new opportunities. if that is not true, then you should be investing a lot more in funds.
rahul garg asked, hi rahul ,my father has invested in sbi bluechip mutual fund . can u tell me about the likely future trend of these MFs.
Rahul Goel answers, rahul, hi. this is one of those nfos which has not really met the expectations of the investors. you should discuss this in detail with the person who advised to invest in this in the first place.
dr.rajeev asked, can you tell how long infrastruture funds will run
Rahul Goel answers, well, frankly, i do not have an anwer to that. all we know is that in the past sector funds have been poor performers over the long term as compared to the diversified equity funds. classic examples here are the tech and pharma funds.
Prakash asked, Hi I, am Doctor on monthly salary of about 63000,Montly EMI loan towards different stuff goes to 30,000.I have Birla sun life insurance/Lic for wife & daughter.I'm 32 yrs old any suggestions for further investment.
Rahul Goel answers, prakash, hi. you have taken a ULIP from an investmetn perspective. it would have been much better if you took an investment product for your investment needs. in any case, if you are investing more monies, pl do not confuse insurance with investment.
Anwar asked, My portfolio - ICICI 18%(infrastructure, Pru Index), Reliance 13%(Growth,Equity advantage),SBI 15%(infastructure, Contra), TATA 12%(infrastructure,indo global), Fidelity 11%(Special situation),HDFC 9% midcap opp, DSPML 4% TIGER,UTI 9% India lifestyle,Birla Sunlife international 9%Equity. Please comment
Rahul Goel answers, anwar, hi. yours is a very interesting portfoio as it has only thematic and sector funds. there are no diversfied equity funds! time to take a long hard look at all these investments...
praveen asked, i have sip in dspml technology and birla frontline equity.should i continue with them since their performance has been bad.
Rahul Goel answers, praveen, hi. indeed, being invested in the well managed diversified funds would be more rewarding for you over the long term.
Suresh asked, Hi Rahul, Happy Diwali. I want to invest in a tax saving Mutual funds and guide me what are the better tax saving Mutual funds. Thank you !!!
Rahul Goel answers, suresh, hi. you can consider investing in hdfc tax saver