I have invested in Birla Tax Relief 96 and Franklin Tax for my mother & Axis Long term and DSP Blackrock for my father. The best performing one is Birla Tax 96 !!
Do not invest in SIP mode for ELSS. If you want to invest 1 lac in ELSS , divide the amount in 5 installments of 20000 and purchase the units when Indices goes below /50100 DMA levels. 2 funds for ELSS are enough.
433.4. Aniketiaf| Link| Bookmark|
December 25, 2017 7:31:30 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Some better fund from ELSS category are as follows - 1. IDFC TAX ADVANTAGE FUND 2. PRINCIPAL TAX SAVING FUND 3. ADITYA BIRLA TAX SAVING FUND 4. BOA AXA TAX ADVANTAGE FUND 5. TATA TAX SAVING FUND. Thanks.
431.2. Aniketiaf| Link| Bookmark|
December 23, 2017 4:46:39 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Some better fund from small and midcap category - 1. Sundaram smile fund 2. L&T emerging business fund 3. L&T midcap fund 4. Reliance smallcap fund 5. Aditya Birla midcap fund
Hope you must be pleased to get so many recommendation for SIPs in small cap.
But do consider following points when making "LONG TERM" commitment in small cap SIP
1) Nifty trading at 26.80 x and nifty small cap 250 trading at 90x
2) Earning yields is meagre 3.73 percent whereas bond yields are at 7.2 percent
3) Market cap to GDP ratio is at 95 percent.
4) Experts bombarding small cap stocks on television and people like Porinju Veliyath and Ashish chugh are considered as idol.
There is something called "VALUE" in stock market and although I like trading on daily basis, few basics should not be ignored in SIPs and "long term" investment especially in small cap.
Better trade in todays market conditions. There are many strong stocks which correct and then gives 10 to 20 percent on rise.
AbSL frontline is not at all performing good in last year. I have invested 100000 in Reliance Small Cap fund in September and its today''s valuation is around 119500 i.e 19.5% returns in 3 months. Those who can not give time in the market , MFs are the best alternate and which definitely beats bond yields with huge margins.
Large messages and undue frustration is useless and meaning less.
If someone feel that they will get easy and immediate returns ,they will definitely apply. Whether it is right or wrong depends on individual perspective. If someone is knowledgeBle enough , they will better opportunity in Secondary markets and mutual funds and be very selective in IPO. If someone is a beginner,the person may soleley depend on chittorgarh for advise and SIP. No one advise something which can be universally applicable to everyone irrespective of their knowledge, financial and risk profile. Experts do overboard and may be biases but IMO it is still possible to adapt difference expert''s advise to your benefit and situations.
Expert pl guide me.i participate in Infosys buyback offer for 50 shares still no any message for acceptance of shares.in my demat account 50 shares of holding shows.wat should I do?
The buyback message has just started coming. Probably 26 shares of your would have been accepted. you may check in your message section of your trading / demat account to see the status.
Have u filled Ur tender form for buy back. As people is getting amount in their a/c as per share u apply in tender form(but not more than u get accepted share)
Fund got credited on 22Dec on my bank account. 42 shares applied, 22 accepted.
419.9. Manofsteel| Link| Bookmark|
December 23, 2017 7:04:51 PM
Top Contributor (200+ Posts, 200+ Likes)
This is not Infosys Buyback Forum.
418. Aniketiaf| Link| Bookmark|
December 23, 2017 5:24:34 PM
IPO Guru (1800+ Posts, 10200+ Likes)
One may consider for another good SME ipo - A Jaipur based company - "Jhandewalas Foods Limited" coming with ipo on 29 Dec 17. Very good investment opportunity for short /medium /long term. Note - It''s a SME IPO. better understand the terms & conditions of SME investment. Also own research and satisfaction required before applying. Thanks.