Comments on: Magic of SIP in Mutual Funds , Part 2 http://www.jagoinvestor.com/2009/03/magic-of-sip-part-2.html Financial Planning , Insurance , Mutual Funds , Investments Fri, 10 Feb 2012 15:50:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: bhawanahttp://www.jagoinvestor.com/2009/03/magic-of-sip-part-2.html#comment-36718 bhawana Thu, 09 Feb 2012 07:08:31 +0000 http://www.jagoinvestor.com/?p=129#comment-36718 thats funny.....plz guys concentrate on the important things which Manish is telling us rather than focusing on typo errors.......... thats funny…..plz guys concentrate on the important things which Manish is telling us rather than focusing on typo errors……….

]]> By: R SIVA PRASADhttp://www.jagoinvestor.com/2009/03/magic-of-sip-part-2.html#comment-34267 R SIVA PRASAD Tue, 17 Jan 2012 14:34:58 +0000 http://www.jagoinvestor.com/?p=129#comment-34267 Hi Manish, Thank you veru much. I will try to control my self. Siva Hi Manish,

Thank you veru much. I will try to control my self.

Siva

]]> By: Manish Chauhanhttp://www.jagoinvestor.com/2009/03/magic-of-sip-part-2.html#comment-34254 Manish Chauhan Tue, 17 Jan 2012 13:53:41 +0000 http://www.jagoinvestor.com/?p=129#comment-34254 Siva Better do not time the market at so micro level .. for 1 month its fine , but for all the months , its tough .. you never know which will be the top or low point , you will keep on doing analysis and foget to take action . better keep doing SIP and not disturb it Manish Siva

Better do not time the market at so micro level .. for 1 month its fine , but for all the months , its tough .. you never know which will be the top or low point , you will keep on doing analysis and foget to take action . better keep doing SIP and not disturb it

Manish

]]> By: Siva Prasadhttp://www.jagoinvestor.com/2009/03/magic-of-sip-part-2.html#comment-34227 Siva Prasad Tue, 17 Jan 2012 11:49:47 +0000 http://www.jagoinvestor.com/?p=129#comment-34227 Hi Manish, I started SIP in Nov2011 and SIP date is 7th of every month in Funds India.com But I paused the SIP and I myself purchased through Additional Investment instead of SIP. Because, I do not know what will be market on 7th of every month, and so I observe the market and purchase when the market is down. Is it right way? Or I have to continue the SIP on same date irrespective of the market. Please advice. Thank You R Siva Prasad Hi Manish,

I started SIP in Nov2011 and SIP date is 7th of every month in Funds India.com
But I paused the SIP and I myself purchased through Additional Investment instead of SIP. Because, I do not know what will be market on 7th of every month, and so I observe the market and purchase when the market is down.
Is it right way? Or I have to continue the SIP on same date irrespective of the market. Please advice.

Thank You
R Siva Prasad

]]> By: Manish Chauhanhttp://www.jagoinvestor.com/2009/03/magic-of-sip-part-2.html#comment-33507 Manish Chauhan Thu, 12 Jan 2012 16:25:05 +0000 http://www.jagoinvestor.com/?p=129#comment-33507 Pritesh 1. Yes , you have to specify the tenure , but you can stop the SIP anytime ,, there is no compulsion that you have to pay for that much tenure 2. Not all .. all the tax saving funds have 3 yrs of lock in , other wise almost all the funds are open ended , which means you can sell them anytime 3. After 1 yr your dont pay any tax on profit , before that you pay 15% on profits . now do the maths Manish Pritesh

1. Yes , you have to specify the tenure , but you can stop the SIP anytime ,, there is no compulsion that you have to pay for that much tenure

2. Not all .. all the tax saving funds have 3 yrs of lock in , other wise almost all the funds are open ended , which means you can sell them anytime

3. After 1 yr your dont pay any tax on profit , before that you pay 15% on profits . now do the maths

Manish

]]> By: Priteshhttp://www.jagoinvestor.com/2009/03/magic-of-sip-part-2.html#comment-33439 Pritesh Thu, 12 Jan 2012 08:53:09 +0000 http://www.jagoinvestor.com/?p=129#comment-33439 Hi Manish, I have few queries regarding investment in MF (except ELSS) through SIP : 1. While starting SIP with any scheme do we have to specify the horizon (i.e. No. of years) of investment? 2. If I am not wrong different MF schemes comes with different lock in period. 3. Let say If I start SIP in one MF scheme for 3 years time period : Jan-2008 to Dec-2010 (36 installments). When should I redeem my investment so that I don't hvae to pay any tax on earned amount. For example, If I have invested Rs.36,000 (Rs. 1000 per month) till December-2010. The value of the investments are: Jan-2011 : 38000 May-2011 : 37000 Dec-2011 : 38500 Jan-2012 : 39000 How much tax I would have to pay if I redeem my investment at any time mentioned above? Thanks In Advance. :) Regards, Pritesh Hi Manish,

I have few queries regarding investment in MF (except ELSS) through SIP :

1. While starting SIP with any scheme do we have to specify the horizon (i.e. No. of years) of investment?
2. If I am not wrong different MF schemes comes with different lock in period.
3. Let say If I start SIP in one MF scheme for 3 years time period : Jan-2008 to Dec-2010 (36 installments). When should I redeem my investment so that
I don’t hvae to pay any tax on earned amount. For example, If I have invested Rs.36,000 (Rs. 1000 per month) till December-2010.
The value of the investments are:
Jan-2011 : 38000
May-2011 : 37000
Dec-2011 : 38500
Jan-2012 : 39000
How much tax I would have to pay if I redeem my investment at any time mentioned above?

Thanks In Advance. :)

Regards,
Pritesh

]]> By: Manish Chauhanhttp://www.jagoinvestor.com/2009/03/magic-of-sip-part-2.html#comment-32244 Manish Chauhan Wed, 04 Jan 2012 16:22:25 +0000 http://www.jagoinvestor.com/?p=129#comment-32244 Kharabela HDFC tax saver is a very good option and a long term Hero Manish Kharabela

HDFC tax saver is a very good option and a long term Hero

Manish

]]> By: Kharabelahttp://www.jagoinvestor.com/2009/03/magic-of-sip-part-2.html#comment-32235 Kharabela Wed, 04 Jan 2012 16:15:42 +0000 http://www.jagoinvestor.com/?p=129#comment-32235 Hi Manish Can you suggest me good MF fund for long term (with 80C). Amount: 4k per month. Thanks & Regards Kharabela Hi Manish
Can you suggest me good MF fund for long term (with 80C).
Amount: 4k per month.

Thanks & Regards
Kharabela

]]> By: Manish Chauhanhttp://www.jagoinvestor.com/2009/03/magic-of-sip-part-2.html#comment-21083 Manish Chauhan Sat, 12 Mar 2011 05:59:18 +0000 http://www.jagoinvestor.com/?p=129#comment-21083 SK Sharma You dont know how often the fund manager is buying selling based on PE , if he is selling at PE going at 25 and then buying at PE 20 , It will not work See this comment which shows how you can achieve even more superior results : http://www.jagoinvestor.com/2009/06/value-investing-by-using-nifty-pe.html#comment-2657 PS : Please ask questions at relevent articles comments section , This was mainly a PE question and should have been asked into that thread. Not this one . Manish SK Sharma

You dont know how often the fund manager is buying selling based on PE , if he is selling at PE going at 25 and then buying at PE 20 , It will not work

See this comment which shows how you can achieve even more superior results : http://www.jagoinvestor.com/2009/06/value-investing-by-using-nifty-pe.html#comment-2657

PS : Please ask questions at relevent articles comments section , This was mainly a PE question and should have been asked into that thread. Not this one .

Manish

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