Best Equity Mutual Funds

[masterjee]

Re: Mutual funds to avoid

I've been thinking along the same lines but ...

There does not appear to be that much trading / volumes in NIFTYBEES (and many other ETFs).

Also, one must be clear that one is buying at a price that may not always be in synch with the Nifty 50.

One day, I looked at the NIFTYBEES versus the Nifty 50 (on NSE's site) and, though there was a correlation, at one point there was a clear divergence. This emphasises that the traded price at any time does not necessarily follow the index.

I'm not sure if I've expressed myself clearly

If you do not have any 80cc objectives in mind, want to passively follow any index, do not want to pay fees to AMC's etc. you can start your own SIP with any of the etf's. Changing composition of indices etc dont effect you.

You need not draw conclusions from a one day experience. It is true that trading is thin - so divergences may occur. You can always use it to your advantage - by buying or selling from your holdings.


regards
m

 

[gabbar.singh]

Re: Mutual funds to avoid

1) All mfs less than 2 years old

2) All the following
HSBC India Opportunities
ICICI Prudential Advisor-Very Aggressive
ING Core Equity
Sundaram BNP Paribas Select Midcap Reg
Birla Sun Life Basic Industries
ING Contra
UTI Master Growth
ABN AMRO Equity
HSBC Advantage India
DBS Chola Growth
UTI Equity
UTI Services Industries
ICICI Prudential Power Inst I
Taurus Discovery Stock
UTI Master Plus '91
Franklin India Opportunities
ABN AMRO Opportunities
Franklin India Flexi Cap
Canara Robeco Equity Diversified
Birla Sun Life Top 100
Tata Growth
ICICI Prudential Power
LICMF Equity
Taurus Bonanza Exclusive
HDFC Capital Builder
HDFC Premier Multi-Cap
DBS Chola Midcap Fund
UTI Opportunities
Sahara Wealth Plus Variable Pricing
Sahara Mid-Cap Fund
Reliance Equity Opportunities
Birla Sun Life Advantage
Baroda Pioneer Diversified
Tata Select Equity
HDFC Long-term Equity
Kotak Contra
Escorts Growth
Sahara Wealth Plus Fixed Pricing
Birla Sun Life Dividend Yield Plus
Magnum Global
Tata Service Industries
Morgan Stanley Growth
UTI Master Value
Magnum MultiCap
Principal Infrastructure & Services Industries
Birla Sun Life Buy India
ICICI Prudential Emerging STAR Inst I
JM Equity
SBI Bluechip
LICMF Opportunities
Magnum Midcap
ICICI Prudential Emerging STAR
Kotak Global India
ING Midcap
Principal Dividend Yield
ICICI Prudential Fusion Inst I
LICMF Sensex Advantage
Tata Contra
UTI Contra
Principal Growth
Tata Midcap
Principal Junior Cap
HDFC Core & Satellite
ICICI Prudential Discovery Inst I
ICICI Prudential Fusion
Magnum Emerging Businesses
Kotak Lifestyle
HSBC Midcap Equity
DBS Chola Multi Cap
ICICI Prudential Discovery
UTI MNC
Birla Sun Life MNC
LICMF Growth
Franklin India Prima
Kotak Mid-Cap
ABN AMRO Dividend Yield
Canara Robeco Emerging Equities
Franklin India Smaller Companies
JM HI FI
DBS Chola Contra
DSPML Top 100 Equity Inst
Birla Sun Life India Opportunities
Kotak MNC
JM Emerging Leaders
UTI Mid Cap
DBS Chola Global Advantage

Why "Franklin India Opportunities"? It is a small and have done well in the past. The fund manager is well established.

 

[mayurkotlikar]

Re: Mutual funds to avoid

Asking again :
Why these 3 are not good? Since I have them with SIP>>
1. Franklin India Flexi Cap
2. JM Emerging Leaders
3. ICICI Prudential Discovery

Since I have SIP, need to know for sure

 

[Vicky78]

Re: Mutual funds to avoid

Why "Franklin India Opportunities"? It is a small and have done well in the past. The fund manager is well established.

Franklin India oppurtunities is an average fund. Kotak oppurtunities & DWS Investment Oppurtunites are better options in the opputunities funds.

For the past year and a half its been below average in its performance. Hence unrecommended

 

[Vicky78]

Re: Mutual funds to avoid

Asking again :
Why these 3 are not good? Since I have them with SIP>>
1. Franklin India Flexi Cap
2. JM Emerging Leaders
3. ICICI Prudential Discovery

Since I have SIP, need to know for sure

franklin flexi cap is again an average fund, nothing good nothing bad. There are many other diversified equity dunds like kotak 30 , tata pure equity that have performed better over long periods of time.

Its three year return is less than nifty & sensex

JM Emerging leaders. IT is a great bull market fund. Apart from the fund manager (who is exceptionally brilliant) there is nothing great about the fund or the fund house. The effects of poor fund house was clearly visible during this market crash where JM lost more than the rest.

ICICI Prudential Discovery is a very poor fund. It has consistently underperformed over the past few years.

 

[mayurkotlikar]

Re: Mutual funds to avoid

In that case, I am wondering why my financial advisor advised these.

I remember he mentioned about Sandip Sabharwal, and behaviour of JM Emer. Leader that it will rise high in bull run and will do badly in bearing times.

Shocked to know this about Flexi Cap

 

[jacksparrow]

Mutual fund investment suggestion required to start

Hi to all traderjis..this might be my first post here......

I've Rs 1 Lacs to invest in MFs. Can u suggest a MF where i should invest the money i have......looking for 3 yrs terms

Also I'm 21 yrs old..waiting for my first job at Wipro Technologies.....so no equities as i don't have that much experience..in stocks..i know the general things regarding stocks, MFs, SIPs..but will invest for first time .but want your suggestions.

Also how is UTI Infrastructure Fund with NAV of Rs 31.03 now.....

I'll be glad with ur help..thanx in advance........

 

[justsayraj]

Re: Mutual fund investment suggestion required to start

If you are new to investing in funds/equities..

Pick some good diversified funds - 2 large cap, 1 mid cap, 1 vanilla fund and 1 sector fund (.
Large Cap - Kotak 30, DSP ML Top 100
Vanilla Fund - DSP ML Equity
Mid Cap - Reliance Regular Savings fund - Equity
and a sector fund of your choice after investigating in valueresearchonline.com

Happy and safe investing..

 

[justsayraj]

Re: Mutual fund investment suggestion required to start

Not to forget, dont invest in lumpsum's but by SIP.

 

[jacksparrow]

Re: Mutual fund investment suggestion required to start

Thanx for suggestion...reps given....

But any big advantage with SIP.