408. CLD| Link| Bookmark|
January 30, 2011 9:56:43 PM
Top Contributor (500+ Posts, 100+ Likes)
For your information the following funds have given more than 15 % per annum returns compounded yearly during the past 5 years. Against this, fixed deposits have given about 8% per annum compound interest. While there is no tax on 5 year mutual returns, the net return from fixed deposits turn out to be about 7.2%, 6.4% or 5.6% depending upon a person's tax slab in which he falls. Can you beat it.
For your information & to all who have read my advice in my previous post, returns from some of such funds as stated above are:
Baroda Pioneer: 15.2% Birla frontline: 19.0% Canara equity diversified: 15.9% DSBR opportunities: 15.2% Fidelity equity: 17.5% Franklin Prima Plus: 16.6% HDFC top 200: 19.4% Magnum equity: 16.9% Principal large cap: 17.8% Reliance NRI equity: 17.6%
There will be very few may be 1% investors in direct share marketing who can beat these tax free returns. Of couse there are many funds which have not given good returns but if you choose good funds as is the case with choosing good stocks, then you may never lose. Further there are only a few papers to be maitained in Mutual funds unlike shares where you have to keep record of each & every share whose numbers run into hundreds if not thousands during the course of a financial year.
So friend, please do not give your wrong comments if you don't know fully.
Hey shreedhar How r u buddy Need ur help once again Applied 12 full application in tata steel. In return short 4 futures @ average 646. Now what should I do tomorrow. Please suggest
Dear friends,Iam bullish on indian consumer & like all stories related to the sector ex. Coxnkings,Talwalkars.Jubilznt food works,financials like lic hsg,icici,axis@dips.only prob is they are heavily invested in by fiis.I like tata motors but will dip into it only after budget becos i feel fm in the budget will remove excise duty cuts on autos.I like bharti & Sail/jindal steel.I will be buying the shares @5400 & further fall till 5200 where market has strong support.Ril is also good buy.I feel food inflation will taper off but until US fed starts increasing rates commodity inflation will remain.
Yesterdays massage was from Forum's Modulator and todays message was from Forum modulator (missing of 's', like the letter 'a' missed out in your name) so this is the REAL modulator, not the one who posted yesterday....
396. Rkg| Link| Bookmark|
January 29, 2011 2:09:35 PM
Top Contributor (500+ Posts, 200+ Likes)
Market very volatile.So, today , to be on safe side and ensure protection of capital,stopped cheques of both the applications,viz @1,99,000/- & 147000/-.
Ajay Indian, No problems. I liked it very much. I got the same message from a few of my friends with the Republic Day wishes. I am also of the opinion that everybody should know it.
This is actual price list. These itetms are meant for `POOR PEOPLE` & is available at Indian Parliament Canteen. The salary of those poor people is Rs.80000 per Month!! in addition to Rs. 10,000 as DA (without tax) PLUS HEFTY BONUS IN SCAMS....