11 replies on this article “Whats your view on these ELSS Mutual Funds ?”

1. SANDEEP JAIN says:

   January 22, 2014 at 8:47 pm

   Hi Ashal,

   Thanks for your example. Yes, now it gave me the correct understanding on how it works.

   Regard,
   Sandeep

   Reply
2. ashalanshu says:

   January 15, 2014 at 12:00 am

   Dear Sandeep, Let’s assume your fund’s NAV is 20 Rs. and it declares 2 Rs. deividend. So post dividend the value of your unit ‘ll be 18 Rs. and 2 Rs. as dividend is already in your pocket that’s making it 18+2 = 20 Rs. the original NAV for your Units.

   So how does it matter that you are redeeming before dividend or after dividend?

   Thanks

   Ashal

   Reply
3. SANDEEP JAIN says:

   January 14, 2014 at 5:10 pm

   Hi Ashal,

   Thanks for your quick reply, As i said i m very poor at these concepts and ivnested purely with out much awareness.

   It really helpful, if you can share a small and simple example.

   Thanks for your help as usual.

   Kindly revert.

   Regards,
   Sandeep

   Reply
4. ashalanshu says:

   January 14, 2014 at 12:58 pm

   Dear Sandeep, post dividend declaration, the NAV ‘ll fall to adjust dividend amount from corpus. So how ‘ll you get the benefit if any, you have in your mind?

   Thanks

   Ashal

   Reply
5. SANDEEP JAIN says:

   January 14, 2014 at 12:47 pm

   Hello Friends,

   Just a small query, i have BIRLA SL TAX RELIEF 96 (D),which normally gives dividend in the month of March every year, so shall i wait to redemp this MF (because of Dividend) and rest all i m planning to redempt in the current month itself.

   Just need your advice.

   Regards,
   Sandeep

   Reply
6. ashalanshu says:

   January 3, 2014 at 12:30 pm

   Dear Rahul, in case of loans, it’s more about emotional aspect rather than financial one. Instead of forcing on financial thing, I w’d let the person to be in comfort on emotional part as partial loan amount has been paid back.

   Thanks

   Ashal

   Reply
   1. SANDEEP JAIN says:

      January 6, 2014 at 4:12 pm

      Hi Ashal/ Rahul,

      Thanks for your suggestions. It really helps me to take the decision on my investment.

      Regards,
      Sandeep

      Reply
7. rahul123 says:

   January 2, 2014 at 6:50 pm

   Hi Ashal,

   This is another example why people who have liabilities (and are salaried) should avoid capital market.

   Hi Sandeep,

   Couple of years back i was also in same dilemma. The best option is to prepay. Reasons are as below-

   1. For home loan you have to pay interest around 10%
   2. There is no guarantee of returns in MF.

   You should not think about stock market till you reduce the outstanding loan amount significantly. Observe the market carefully (assume as if you have invested), get knowledge and after few years, you can again think of investing in market.

   Thanks,
   Rahul

   Reply
8. ashalanshu says:

   January 2, 2014 at 3:04 pm

   Dear Sandep, if the idea is to repay principal amount of loan, please redeem all and repay.

   thanks

   Ashal

   Reply
9. ashalanshu says:

   January 2, 2014 at 11:38 am

   Dear Sandeep, why are you not paying your EMI from regular income?

   thanks

   Ashal

   Reply
   1. SANDEEP JAIN says:

      January 2, 2014 at 11:53 am

      Hi Ashal,

      Thanks for your prompt reply. Currently i m paying my EMI from regular incomes only, but looking after the income/ Surplus generated from MF of ELSS category, i would like to go for paying my Principal amount of Loan rather than keep invested. Atleast it will reduce my either period/ EMI’s in future.

      This because if you compare the current value of my investment with other peer they are nowhere compareable i mean returns are very very poor.

      Please suggest, whether i am on the right track.

      Regards,
      Sandeep

      Reply

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