what are the benchmarks for different mutual fund schemes in India?
921293
The most common benchmarks are:\n\nSENSEX\nMSCI India\nand a distant third...\nNifty 50
714487
Finance management (FM) is a vast field & in this field also the ones that you have mentioned are very broad in scope. For the Indian economy all the fields that you have mentioned are currenlty in demand & have a very good scope. So you should take your decision based on what liking you have. Your inclination to the subject is more important than the scope. Investment banking is a 24 hours job, you have to be on your toes for full time. Its not a 9 to 5 activity. Even on holidays you have to be aware of what is happening in investment markets & that too not just national but international as well. Equities is restricted if you are talking about only new issues and compliances. It will be more procedural this way. Corporate finance again combines procedural and legal knowledge of raising funds for a company. This is a more restricted field requiring knowledge of various sources of finance and procedures associated. Mutual funds employ investment bankers and other jobs are procedural and regulatory in fund houses. Insurance is a mix of financial marketing and regulatory / legal knowledge.\n\nBased on above you should choose a field for which you have liking. All are equally remunerative but differ in terms of knowledge required and skills used.\n\nGo ahead and all the best !
1047287
The funds chosen by you are some of the best funds available in the market. Still the portfolio can be fine tuned. Just consider the following points from my point of view.\n\n1.Fidelity Tax Advantage is new fund and hence doesn’t have track record.  No point in having a four tax saving schemes in a portfolio.  Just two or three would suffice. Any diversification beyond three is just an overhead from the point of view of operational tracking and maintenance.  Add this amount to HDFC TaxSaver.\n2.Just three AMC (at max four) is sufficient from the point of view of diversification. Hence, you can ignore Reliance Vision which is an aggressive fund and replace it Bluechip fund or Prima Plus which have all along delivered excellent returns with low volatility.\n3.While Templeton Pension Plan is good product, from the long term holding perspective, I don’t see it as right product. Hence you may ignore this. \n4.You have two products from SBI stable and the amount works out to 3000.  Instead of another fund house, I would suggest you to chose FTMIP from Franklin and invest the 2000+2000+1000 (TPP, Magnum Taxgain and Magnum Contra).  This will achieve two things.  Reduction in no of AMCs to three and increase in debt investment as your portfolio is highly skewed to equity.\n5.Through the above changes, a. the debt portion which was minimal will be above 20%.  Even an aggressive portfolio should have a 20% debt component and should be rebalanced regularly (once a year is fine), b. The no. of AMCs has been brought down to 3 (and these are best AMCs based on their investment approach and risk management), c. Number of funds brought down.\n6.I don’t know why you have chosen Dividend Reinvestment plan for most of your funds.  You could chose Growth as it eliminates some of the issues related to short term capital gains.\n\nYour revised portfolio can be:\n1.HDFC TAX SAVER (D-Reinvest) 6,000\n2.FRANKLIN INDIA TAXSHIELD (G) 5,000\n3.HDFC PRUDENCE (D-Reinvest) 2,000\n4.FTIBCF or FPP 2000\n5.SUNDARAM SELECT MIDCAP (G) 1,000\n6.FTIMIP 5000\n\nGood luck.
173961
A mutual fund is a collection of some kind of investment, usually stocks. They’re extremely popular. Your parents own at least one mutual fund if they’ve ever worked at a company. Mutual funds work like this: You pick a fund you like (e.g., growth, value, technology, international…), buy shares of the fund, and let a money manager pick the stocks he thinks will yield the best return. In exchange for this diversification and his expertise, you pay an annual fee. \n\nAdvantages: Hands-off approach means an expert money manager makes investment decisions for you. Mutual fund (ostensibly) holds many varied stocks, so if one company tanks, your fund doesn’t go down with it (i.e., it’s “diversified”).\n\nDisadvantages: Annual fees can equal tens of thousands of dollars or more (!) over the lifetime of an investment. If you invest in two mutual funds, they may overlap in investments, yielding a less-diversified portfolio than you really think. In other words, if both funds hold Microsoft and Microsoft tanks, you get hit twice. Although you’re paying an expert to manage your money, they rarely beat the market—the mutual fund industry’s dirty secret!\n\nMuch more clear info in the link below :)
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Please check HDFC Monthly Income Plan - Long Term Plan (G) Fund. One year return is 21.0%. \nage of fund - 28 months. Inception Date - December 26, 2003. Present Fund asset size - 823.21 crore. Key holdings - KEC Infrastructure, Infosys and Satyam Computers.
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www.sharekhan.com\nwww.indiainfoline.com,\nwww.icicidirect.com
54931
If you are an NRI(non resident Indian) or related to an NRI, try opening a checking account with a financial institution like ICICI bank. Purchase directly from brokers in India making sure of reputation and insurance of brokers..I would say you are still better off investing in MF(mutual funds) having  Latin America, European Growth funds, Energy funds etc. Indian stocks of only few(security, defense, hightech) companies are promising though Indian MF have had better returns(10% +). Fidelity has some MF that do have Indian stocks. Charles Schwab might have opened an overseas department in India. They do have one in Pakistan. Singapore depositories are new that make it easy to invest in foriegn stockds. Good luck but be careful.The Silicon valley BOOM has shifted to silicon India...BUST might be inevitable.
716345
I have owned ICICI Bank for a long time.  The symbol is IBN on the New York stock exchange.  Here is a link to a portfolio of Indian stocks:\n\nhttp://www.top10traders.com/ViewPortfolio.aspx?userID=13\n\nYou should consider all of these stocks.  I particularly like VSL because I see telecommunications as an area of opportunity in India.  This portfolio is from http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money.  Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors.  You can also read posts on investing from the best traders, as well as share your own investing ideas.\n\nHere are this month's best traders:\n\nhttp://www.top10traders.com/Top10Standings.aspx\n\nGood luck!
1018690
Magnum is a little bit risky with the contrarian style. I might lean towards Reliance, or HDFC out of the ones that you have named. Best in general is hard to define. The best fund for you will be the one that best matches your risk tolerance and your time frame for investing.\n\n\nHDFC:\nWITH absolute returns of around 90 per cent over the past year, the HDFC Prudence Fund remains the top choice among the balanced funds available to the investor. \n\nIts performance in 2003 reinforces the case for investing in a fund based on its track record across two or three market cycles. The NAV of the fund's Growth Plan has quadrupled since the end of 1998, and now stands at Rs 45.71 . \n\nSuitability: Investors with an appetite for risk, who are looking to build equity exposures now, should consider routing their exposures through the HDFC Prudence Fund. Given the sharp run-up in equity market levels, any investment made now in an equity-oriented fund, is likely to carry a big dose of downside risk. \n\nBut as a balanced fund with a near-40 per cent exposure to debt or debt equivalents, the HDFC Prudence Fund may provide better downside protection than a pure equity fund, while allowing you to participate in any further appreciation in equity values. \n\nPerformance: With a 90 per cent return over the past one year, the fund outperformed the Crisil Balanced Fund Index, its benchmark, by a wide margin. Though only 60-65 per cent of the fund's assets are invested in equities, the fund has managed to outpace a good number of pure equity funds, both over the past one year and over a five-year time-frame. \n\nHDFC Prudence Fund adopts a flexible asset allocation pattern; both its equity and debt exposures can swing between 40 and 60 per cent of its assets. But in practice, the fund has tended to stick with a particular asset allocation pattern for two to three years, based on its view of the equity and debt markets. \n\nFor the past couple of years, the fund has been allocating 60-65 per cent of its portfolio to equities and the rest to debt and money market instruments. In 2003, the fund appears to have periodically rebalanced its equity portfolio to keep equity in the 60-65 per cent range. \n\nBetween June and December 2003, despite the sharp appreciation in equity values and in the NAV, the equity exposure has actually fallen from 62.2 per cent to 60.6 per cent. \n\n\n\nReliance Vision:\nAn Indian fund, Reliance Vision, was the second best performing fund globally in the April-June quarter, according to Lipper Asia Ltd, which tracks approximately 80,000 funds worldwide. \n\nThe fund operated by Reliance Capital Asset Management Ltd gained 34.86 per cent last quarter, second only to Aberdeen Select Indonesian Equity Fund, managed by Aberdeen Asset Management Asia Ltd, which rose 34.95 per cent. \n\nMagnum Contra:\n\nA normal diversified equity fund is one that invests in the stocks of various companies in different sectors. Magnum Contra does the same thing.\n\nHowever, as the name suggests, it will follow a contrarian view to investing and takes contrarian bets on stocks. This means the fund manager will deliberately bypass the popular stocks that everyone else is chasing. Instead, s/he will pick stocks that have the potential to appreciate (rise in price over time) but are undervalued and out of favour with other investors.\n\nThe fund manager will focus on stocks that have strong fundamentals but are trading at a significant discount to their intrinsic value. In layman's terms, this refers to a stock whose share price is, say, Rs 15 right now but has the potential to be Rs 100 over a period of time. Yet, it does not feature in the 'favourite list' of other stock pickers. \n\nIn other words, the fund managers of such funds will invest in companies that are out of fashion, yet sound. These will be stocks that are strong on fundamentals, but whose value is not yet recognised by the market. To put it very simply, it is
581017
www.morningstar.com will show you fees for every mutual fund.  They all differ depending on the type of fund.  They are between .5% to 4%
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first u have to know why the mutual funds is for --- since in shares the risk is high so they go for the mutual fund where there are number of sectors that are being part of the fund like IT,Medical etc.,  the main target audience for the mutual fund is that Middle cluase people since they love to invest but they have fear that how that perform in the market so they introduced the mutual fund........\n\nthe mutual fund is marked by the NAV (Net Asset Value)\n\nand the initial public offer is Rs 10. no matter which company belong to the fund.....\n\nand now they call it as NFO\n\n\n\ninvest  in the mutual fund and let the money will earn to you........\n\n\nremember there are many types of investment are there like SIP
1154043
It depends on the share class. There are A, B and C shares to almost every mutual fund. Each have a different fee structure.\n\nThis link below will help you...
180593
Assuming you mean India, there are two exchange traded funds (ETF's) which are baskets of stocks in India. They are; IIF and IFN and you should be able to get quotes and/or charts for them on any quote provider such as Yahoo. It is probably safer to trade the ETF's than individual issues, but if you are looking to trade individual stocks there are a number of companies in India that trade as US depository receipts on the New York Stock Exchange.
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Here is the link to the Agricultural Insurance Conmpany of India:\n\nhttp://aicofindia.nic.in/
616377
Sensex = http://en.wikipedia.org/wiki/Sensex\nMutual Fund = http://en.wikipedia.org/wiki/Mutual_fund
1020528
very easy, visit www.stocksidea.com , they are consultants in india in stocks, mutual funds and all finance related info.
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1) The minimum investment in mf-mis is varied from amc to amc.If u want to invest in growth option the amount is arround Rs 10000/-.But if u want to invest in monthly dividend option the minimum amount is arround Rs25000/-.\n2) No the monthly dividend is not assured.It may fluctuate,may not pay every month.\n3)Very good question.This is as per your risk return appetite u should compare it which 1 is best for u.If u are a tax payer then mutual fund-mis is the best option for u.if u invest in growth option only long term capital gain tax is applicable to u.But if u invest in mly/qly/yly dividend option dividend is tax free in the hands of u but amc have to pay tax to government.So growth option is the best for absolute return.U may opt for systematic withdrawal plan.In the case of pomis it is assured @8% to u.but interest is fully taxable.