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Stock Ideas Discuss Your Investments in Stocks, Mutual Funds,Related Questions, Ideas, and Concerns.
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MOHAMEDI.P Guest
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Posted: Sat Feb 17, 2007 11:31 am Post subject: ABN AMRO FUTURE LEADER(G) |
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Dear Sir,
I have invested in the above Mutual Fund since9-5-2006. at Rs. 10.00 (nav). Current NAV is 10.25. (increase of just 2.5%).
Is it advisabel to stay invested (I am a long term invester) or switch over to some other fund. Kindly suggest.
Best regards. |
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Ideas Site Admin
Joined: 05 Feb 2007 Posts: 80
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Posted: Sat Feb 17, 2007 2:31 pm Post subject: Re: ABN AMRO FUTURE LEADER(G) |
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| MOHAMEDI.P wrote: |
Dear Sir,
I have invested in the above Mutual Fund since9-5-2006. at Rs. 10.00 (nav). Current NAV is 10.25. (increase of just 2.5%).
Is it advisabel to stay invested (I am a long term invester) or switch over to some other fund. Kindly suggest.
Best regards. |
Mutual funds almost all have given consistent returns for the last five years and this is because Muutal funds invest in equities.
Our Opinion is that the markets are not going to go up with the same rate as that has happend in the last four years and hence
Holding on to any Mutual fund is risky at this time what has happend is not going to happen all the time better to exit and look for undervalued equity stocks Our personal opinion is Pharma stock as of now is better then anby Mutual fund
This is our personnal Opinion |
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Chetan Guest
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Posted: Mon May 07, 2007 8:31 pm Post subject: Re: ABN AMRO FUTURE LEADER(G) |
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| MOHAMEDI.P wrote: |
Dear Sir,
I have invested in the above Mutual Fund since9-5-2006. at Rs. 10.00 (nav). Current NAV is 10.25. (increase of just 2.5%).
Is it advisabel to stay invested (I am a long term invester) or switch over to some other fund. Kindly suggest.
Best regards. |
I was holding this MF, but I have exited from it. If the MF gives betwen 2-10%
in the first two years and on third it has potential to give 25% return is not
worth it. |
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bull Guest
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Posted: Tue May 08, 2007 5:46 am Post subject: Re: ABN AMRO FUTURE LEADER(G) |
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| MOHAMEDI.P wrote: |
Dear Sir,
I have invested in the above Mutual Fund since9-5-2006. at Rs. 10.00 (nav). Current NAV is 10.25. (increase of just 2.5%).
Is it advisabel to stay invested (I am a long term invester) or switch over to some other fund. Kindly suggest.
Best regards. |
it is important which scheme you have choosen. if it is dept scheme where the risks are very low - the returns will be slow too.
it is not necessary all mutual funds will perform good or perform consistantly. if the returns you are getting are less compared to bank FD's - than better switch out of that fund.
there are some mututal funds which are like good stocks which can be taken if again the markets come down. for eg.
01) Reliance Power Diversified Equity = its NAV was 36.25 in Jan 2007. it went upto 37.65 in feb till the market was making new highs. when correction came - the NAV fell till 33.35. the market got corrected by around 17 - 18% and this fund came down around 12%. today again its NAV is around 38 which means it increased my almost 14 - 15% where else the market is still floating around 14k levels.
02) DSP Top 100 Equity = Nav in jan 57 - 58, after correction 54 and now above 60. |
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GaganG Guest
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Posted: Wed May 09, 2007 1:05 pm Post subject: |
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On a similar note, I did a lot of research and invested in Templeton india Equity Income NFO at 10.00 in March '06. It touched a high of 12.89 4 days ago and is going really strong.
I believe it is always good to -
1. Not invest in NFOs.
2. If you do, research fully. |
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