10 replies on this article “Mutual Funds Suggestion”

1. Madhava ram says:

   May 23, 2012 at 4:47 pm

   Sachin,

   I was, initially when I bought those I do not know anything about Mutual Funds. Just to save tax I bought them.

   Madhava

   Reply
2. Sachin says:

   May 23, 2012 at 3:37 am

   Madhava ,
   You seems to be big fan of Tax saver funds 🙂
   Sachin

   Reply
3. Madhava ram says:

   May 22, 2012 at 12:27 am

   So, My Mutual Fund Portfolio looks like this:
   Reliance Tax Saver Fund – Dividend :::::::::: 5000
   IDFC Premier Equity Fund – Plan A – Growth :::::: 2000 monthly
   HDFC Balanced Fund – Growth :::::: 4000 monthly
   ICICI Prudential Focused Bluechip Equity Fund – Growth :::::: 4000 monthly.
   After selling the Principal Tax Saving Fund and SBI Magnum Tax Gain Scheme 1993 – Dividend will invest in ICICI Prudential Focused Bluechip Equity Fund – Growth as lumpsum.

   and also invest around 60k yearly in PPF.

   Ashal could you please confirm if my mutual fund portfolio is balanced now?

   Thanks,
   Madhava ram

   Reply
   1. Ashal Jauhari says:

      May 22, 2012 at 6:51 pm

      DEAR Madhava, Please go ahead & start investing.

      Thanks

      Ashal

      Reply
4. Madhava ram says:

   May 21, 2012 at 11:54 pm

   Thanks for your valuable suggestion. Could you please throw some light in this as well.

   And also I am planning to sell these funds which I had, and please give your suggestions where to invest the money on
   1) Principal Tax Saving Fund started on 04/09/2007 as SIP for one year monthly 1000 and stopped in august 2008. The present value is 8,428
   2) SBI Magnum Tax Gain Scheme 1993 – Dividend. started on 04/09/2007 as SIP for one year monthly 1000 and stopped in august 2008. The present value is 7,535.

   Thanks,
   Madhava ram

   Reply
   1. Ashal Jauhari says:

      May 22, 2012 at 12:00 am

      Dear Madhava ram, Invest the redemption amount in the remaining active funds.

      Thanks

      Ashal

      Reply
5. Madhava ram says:

   May 21, 2012 at 10:39 pm

   In these funds I actually started SIP with this below amount and would like to double it up if these mutual funds are good in the market, else I can start the SIP for any given Funds.
   IDFC Premier Equity Fund – Plan A – Growth :::::: 2000 monthly
   HDFC Balanced Fund – Growth :::::: 2000 monthly
   ICICI Prudential Focused Bluechip Equity Fund – Growth :::::: 1000 monthly.

   Thanks,
   madhava ram

   Reply
   1. Ashal Jauhari says:

      May 21, 2012 at 11:14 pm

      Dear Madhava, just reverse the SIP amount into IDFC & IPru focussed. I mean invest more SIP amount in IPru Focussed Bluechip & less in IDFC Prem. Eq. To give solidity to your portfolio from the large caps of IPru FB.

      Thanks

      Ashal

      Reply
6. Madhava ram says:

   May 21, 2012 at 10:29 pm

   I invested 5000 in this fund Reliance Tax Saver Fund – Dividend on 21/09/2005. Which is now 6,414. Apart of this I am going to open a PPF account to save atleast 60k per year.

   Thanks
   Madhava ram

   Reply
7. Ashal Jauhari says:

   May 21, 2012 at 10:26 pm

   Dear Madhava, are the proposed funds ‘ll be your only investments or do you have some others also? Please update.

   Thanks

   Ashal

   Reply

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