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  #41  
Old 11th January 2010, 11:44 AM
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Quote:
Originally Posted by jatanr View Post
That's strange... I invested last month.. and got the PIN for logging in online in 15 days. For online access, the direct you to the CAMS website.
The PIN you got can be used for Transactions like Switch/Redeem but not any investment like Lumpsum/SIP.

The fund houses who are providing the facility through CAMS like Sundaram, SBI, DSP Black Rock all have similar offerings.

This is unlike HDFC or Birla where you can invest lumpsum and even start SIPs with a few clicks.

Also Reliance and ICICI online platforms are good too.
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  #42  
Old 11th January 2010, 11:51 AM
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Quote:
Originally Posted by reks View Post
.........
but I have to sign up online a/c with Sundaram. At that time I dropped the idea because they asked me to invest min 20 / 24 mths period.

........
This is complete misguiding from the fund house people.

Refer here Sundaram SMILE

You have to invest a minimum amount of Rs 5000/- so it can be Rs 500X10 or Rs 1000X5 or Rs250X20 etc.

If you are investing Rs 250/- per month in that case only you have to pay for 20 months minimum totaling Rs 5000/- ( 250X20).
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  #43  
Old 11th January 2010, 06:49 PM
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Quote:
Originally Posted by reks View Post
How long time period did you do SIP with this then? not 20 mth period?
I dont have an SIP with them... it was just a small one time investment

Quote:
Originally Posted by reks View Post
I think once you register with the fund house with minimum 1 fund and then only you are able to do further online transaction/ purchase/addition?
Thats correct.
Quote:
Originally Posted by reks View Post
I don't know about CAMS. You mean after registering with fund house, we need to register with CAMS sites too?
Nope, what I meant was, Sundaram do not have their own online account access system. They direct you to the CAMS site (from their site) for online access. The PIN they provide you is to be used there to login.
Quote:
Originally Posted by reks View Post
But whichever fund I have, I got online a/c from the fund house directly.

Yes, It takes about 2 to 4 weeks to get activated. That is not a problem.
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  #44  
Old 11th March 2010, 06:52 PM
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Is UTI infrastructure advance fund is also ELSS fund too,

By name it does not sound a tax savy fund.. But I am not sure..

I understand most of the tax savvy funds have the lock in period of 3 years.

Is there any other category of lock in funds also except ELSS?
Now my doubt is why tax savy funds are called open ended as well. for example:
Birla Sun Life Tax Plan Fund type = open ended?
HDFC tax saver Fund type = open ended
HDFC Tax saver

How STP works? Lets say I have one folio and ready to redemption.. But just keeping it as I don't need money..

rgds,
Reks
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  #45  
Old 12th March 2010, 06:09 PM
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Quote:
Originally Posted by Prudent_Investor View Post

Suggested Portfolio

3) IDFC Premier Equity (SIP) - Mid Cap
P_I
I contacted to fund house. Fund manager said that the min 2000 Rs /month need to invest for minimum 6 months.

Did you suggest the same fund earlier. I also noticed that if one wants to invest lump sum then it's 25 k. Normally other funds have 5k amount to enter.

Is this fund expensive?

Rgds,
Reks
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  #46  
Old 12th March 2010, 09:54 PM
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Originally Posted by reks View Post
P_I
I contacted to fund house. Fund manager said that the min 2000 Rs /month need to invest for minimum 6 months.

Did you suggest the same fund earlier. I also noticed that if one wants to invest lump sum then it's 25 k. Normally other funds have 5k amount to enter.

Is this fund expensive?

Rgds,
Reks
The minimum investment amount in a fund has to be met by the SIP route also, when an investor is choosing the SIP mode.

So, if minimum investment amount is Rs 25000, you have to continue SIPs for at least 25000, which is Rs2000 * 6 months.

This fund belongs to the fund folio of Standard Chartered, so it may have been designed with 25K initial investment.

This fund is one of the top performing funds in the midcap space. It's expense ratio is 2.1% where all top performing funds charge between 1.8-2.5% range.
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  #47  
Old 5th April 2010, 05:26 PM
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Why I am unable to buy Birla Sun Life Midcap Fund - Plan A (G) online through iSIP on the fund house site?

I wanted to extend/purchase fund through iSIP route online because my older SIP is going to end which was submitted physically while submitting the form for online a/c.

when I click iSIP and then in the Scheme list, it only shows BSL mid cap fund (Div) and (Growth).

In the drop down menu there is no A and B category fund. why?

And when you purchase with lump sum only "B" category is shown. A category is missing there too.. Why?

My question is how to buy mid cap A category fund online as I hold online a/c with fund house.

Any clue please?

regards,
Rekha
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  #48  
Old 5th April 2010, 06:32 PM
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Quote:
Originally Posted by reks View Post
Why I am unable to buy Birla Sun Life Midcap Fund - Plan A (G) online through iSIP on the fund house site?

I wanted to extend/purchase fund through iSIP route online because my older SIP is going to end which was submitted physically while submitting the form for online a/c.

when I click iSIP and then in the Scheme list, it only shows BSL mid cap fund (Div) and (Growth).

In the drop down menu there is no A and B category fund. why?

And when you purchase with lump sum only "B" category is shown. A category is missing there too.. Why?

My question is how to buy mid cap A category fund online as I hold online a/c with fund house.

Any clue please?

regards,
Rekha
Did you tried reaching out to the AMC (Asset Management Company) ? There definitely will be an email id for customers to ask a question.
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  #49  
Old 5th April 2010, 08:02 PM
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Quote:
Originally Posted by reks View Post
Why I am unable to buy Birla Sun Life Midcap Fund - Plan A (G) online through iSIP on the fund house site?

I wanted to extend/purchase fund through iSIP route online because my older SIP is going to end which was submitted physically while submitting the form for online a/c.

when I click iSIP and then in the Scheme list, it only shows BSL mid cap fund (Div) and (Growth).

In the drop down menu there is no A and B category fund. why?

And when you purchase with lump sum only "B" category is shown. A category is missing there too.. Why?

My question is how to buy mid cap A category fund online as I hold online a/c with fund house.

Any clue please?

regards,
Rekha
Refer to the latest fact sheet from Birla Sun Life Mutual Fund, for Birla Sun Life Mid Cap Plan.

Default option : Plan A/Dividend Reinvestment

Investment Details :
=====================================
Plan A
Fresh Purchase : Rs. 5000/-
Additional Purchase : Rs. 1000/-
Plan B
Fresh Purchase : Rs. 2,00,000/-
Additional Purchase : Rs. 1000/-

So, when you invest in BSL Mid Cap plan via the iSIP mode, the Plan A is chosen by default.

Further more there is no SIP option for BSL Mid Cap Plan B. .
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  #50  
Old 11th April 2010, 12:59 PM
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I am thinking to Add ICICI Pru Discovery Fund (G) via SIP route.

This fund had 124% growth in 2009 and it is five stars rated.

Source Moneycontrol

That makes me to be confident.

How you compare this fund with others in the same category?

Is it a good selection or there are many other fund that give descent return than this fund..

Your suggestion please>


With rgds,
Reks
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  #51  
Old 13th April 2010, 02:02 PM
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any suggestion on the above please????

Prudent_Investor, specially your comments please.

regards,

Reks
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  #52  
Old 13th April 2010, 03:45 PM
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Quote:
Originally Posted by reks View Post
I am thinking to Add ICICI Pru Discovery Fund (G) via SIP route.

This fund had 124% growth in 2009 and it is five stars rated.

That makes me to be confident.

How you compare this fund with others in the same category?

Is it a good selection or there are many other fund that give descent return than this fund..

Your suggestion please>


With rgds,
Reks
Never get confidence from any fund's one year stellar performance. See JM Basic, returns in 2007, 2008 and 2009 to understand what I mean.

It is always better to gauge performance over a longer span of 5-7 years to analyze a fund's true value.

Having said that, ICICI Pru Discovery is noteworthy fund in the mid-cap space.

Other good bets are IDFC Premier Equity, Sundaram Select MidCap, Birla Sun Life Midcap.

Regarding Fund Comparison, in the ValueResearch site, there is a tool called "Compare Funds" under section Toolbox under Funds page.
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  #53  
Old 14th April 2010, 10:35 AM
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Quote:
Originally Posted by reks View Post
I am thinking to Add ICICI Pru Discovery Fund (G) via SIP route.

How you compare this fund with others in the same category
The current portfolio of ICICI Pru Discovery Fund is defensive in nature.

Most stocks that the fund is holding are trading at valuations lower than the major indices.

It is good to see that unlike many funds in the market, the "Discovery Fund" is actually following its "Investment Objective":

Quote:
To generate returns through a combination of dividend income and capital appreciation by investing primarily in a well-diversified portfolio of value stocks. Value stocks are those, which have attractive valuations in relation to earnings or book value or current and/or future dividends.
Source:

http://www.icicipruamc.com/asp/amc/o.../discovery.asp

The fund has performed well in the last few years and I think it will continue to do well in the future too.

1 year return: 126%.
3 year return: 21% annualized.
5 year return: 27% annualized.
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  #54  
Old 14th April 2010, 11:18 AM
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If we look within ICICI MF and then:

I think ICICI Pru Focused fund also did not do so bad in recent time. However , it is not as old as ICICI Pru Discovery Fund.

It was launched on May 07, 2008. So far it has given about 76% return which is considered as a descent return in such a short period.

It could be a good fund and should include in your portfolio.

Happy and Safe Investing
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  #55  
Old 18th May 2010, 08:32 AM
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I did not find online link for DSP Blackrock mutual fund.

Can anyone please send me web link where to log in for online investment directly with fund house?

With regards

Reks
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  #56  
Old 18th May 2010, 06:22 PM
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Originally Posted by reks View Post
I did not find online link for DSP Blackrock mutual fund.

Can anyone please send me web link where to log in for online investment directly with fund house?

With regards

Reks
DSP Blackrock mutual fund does not offer online investments in India, as of now.

You can check your account statements via CAMSOnline, but won't be able to transact.
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  #57  
Old 18th May 2010, 07:03 PM
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I tried to find DSP Blackrock mutual fund in the drop-down menu of the following link.

CAMS

But unfortunately I did not see.

Or am I missing the correct link?

Regards
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  #58  
Old 19th May 2010, 12:13 AM
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Originally Posted by reks View Post
I tried to find DSP Blackrock mutual fund in the drop-down menu of the following link.

CAMS

But unfortunately I did not see.

Or am I missing the correct link?

Regards
Try this link. You can retrieve the statement and account related info. Attached Screemshot for ref.



If this link do not open go to CAMS Online >> Investors >> Mail Back Services >> Single Folio Account Statement

However, you cannot do any online transaction via this.

Online Transaction Link. Funds here include HSBC, IDFC, ING, Kotak, L&T,SBI, Sundaram, Tata.

DSPBR is not in this list.

Note : All major fund houses have their own portal viz. HDFC, Reliance, ICICI, Birla Sun Life, Principal. Fidelity etc.

Last edited by Prudent_Investor : 19th May 2010 at 12:19 AM.
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  #59  
Old 14th March 2013, 08:55 AM
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After the new rules in Mutual funds for direct and regular plan from this year. I noticed that direct plan NAV is slightly more than regular plan of the same fund.

My question is why we buy in "direct plan" with higher NAV? Why don't we buy "regular plan" with lower NAV?

I understand that direct purchase from fund house, we usually select direct plan of any fund.

But did not understand why?

Can anyone explain?

Regards,
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  #60  
Old 14th March 2013, 10:20 AM
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Originally Posted by reks View Post
My question is why we buy in "direct plan" with higher NAV? Why don't we buy "regular plan" with lower NAV?
Direct plan has lower charges and thus it grows at a faster rate.

That's why the NAV of the direct plan is higher.

The NAV difference between the direct and regular plans will keep widening.

If you invest in the regular plan, your money will grow at a slower rate.
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  #61  
Old 15th March 2013, 11:31 AM
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Originally Posted by reks View Post

My question is why we buy in "direct plan" with higher NAV? Why don't we buy "regular plan" with lower NAV?
NAV has no relevance. If it was one should always buy NFO at Rs. 10. A MF scheme with an NAV of 1000 may give better returns than the one with NAV of 5. Important things is returns minus all expenses. For the same scheme direct plan scores higher than non-direct plan.
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