8 replies on this article “NFO Review”

1. Ramesh says:

   February 2, 2011 at 5:16 pm

   A relatively large exit load means it prevents you to remove money from this fund early, which actually is a Pro for such a “supposedly” long term goal.

   Also, answer is yes to the second question.

   Reply
2. jignesh says:

   February 2, 2011 at 3:46 pm

   Switching means the switch between education fund to marriage fund and vice versa . am I understand it correctly?

   Jig

   Reply
3. Ramesh says:

   January 29, 2011 at 3:23 pm

   My view about this particular plan:
   Pros:
   1. Probably the only plan which allows simple switches within the 3 options of the fund, akin to the seamless-switching available in Ulips. though you have to be savvy enough to know how to do that.
   2. Very good fund management house.
   3. Relatively large exit loads.

   cons:
   1. A new fund, without any past history.
   2. Even in future, it will be difficult to gauge its performance, because though the individual option may perform well, but the overall performance of the money of investor (because of switching) may greatly differ.

   Overall, this fund is good for all those people who can use switching, without getting into the complications of a Ulip

   Ramesh

   Reply
   1. moneysights.com says:

      February 2, 2011 at 11:34 am

      @Ramesh,

      We agree with you on this – “Overall, this fund is good for all those people who can use switching, without getting into the complications of a Ulip”. And as you mentioned, one needs to know how to do switching to derive benefits.
      —
      Team moneysights.com

      Reply
   2. jignesh says:

      February 2, 2011 at 3:43 pm

      Ramesh,

      “Pros: Relatively Large Exit load”

      What does it mean?

      Reply
4. MoneySavingsHelp says:

   January 27, 2011 at 10:57 am

   First of all, one should not invest in NFO just it’s @Rs.10. It’s a myth. It’s better to invest in a fund with good track record even if it’s NAV is more than Rs.200 rather than new fund.

   Secondly, in education option, this fund will invest 70% in equities and rest 30% in debt. I don’t see taking defensive option for such a long term.

   So, it’s better to invest in existing fund with good track record and 100% equity. You can create wealth for your children.

   Hope it will help you.
   InvestmentKit.com

   Reply
5. jignesh says:

   January 26, 2011 at 11:06 am

   Atul, that i already gone through.
   For choosing a product, i need view on new products available in market.
   Further the products are best today may not be same after one two or more years. new products can also take position of recent well known products. Its just my thought. Experts are requested to give their views on the same too.

   Thanks

   Reply
6. Atul says:

   January 26, 2011 at 10:32 am

   Hi Jignesh,

   If there are existing MFs with good track record why you want to try hand on NFO.

   For child education there are various options.

   Refer the link in this forum which will be helpful

   “http://jagoinvestor.dev.diginnovators.site/2010/01/5-easy-steps-to-do-your-childs-education-planning.html”

   Regards

   Atul

   Reply

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