Mutual Funds Investing - Evergreen tips for MF investing

Mutual Funds Agents are everywhere nowadays wooing the potential investors, but we should analyse the mutual funds and don't go by the words of these agents.

Always check for the NAV and dividend difference because dividends in mutual funds is our own money and if the dividend rises then the NAV amount decreases by the same amount hence providing no net addition to our hard earned money. So always Have a look at difference between growth and dividend option in mutual funds.

I met with some agents who told that premium can be stopped after 3 years or 2.5 years, which is again a wrong representation and a possible trap. We can stop paying in ULIP schemes after 1 year and would not loose 100 percent of our money so keep in mind that the Mutual Funds agents which tell that we can stop paying premium after 3 years or so is a wrong point as ULIP premiums can be stopped even before 3 years, there is just lock in period of 3 years.

Check out the percentage returns of the mutual funds in last few year's and purchase only if the return is substantially more then the returns from the Stock markets. One should always remember that A simple thumb rule is that anything beyond bank FD returns will always carry some level of risk, other wise why will someone buy FD at all if they can get some guaranteed returns.

Always ask for IRR of the policy before getting one for you, Also dont fall to the agents who say that money will double in just 2 years or three years that is totally ridiculous and false. Mutual funds gives from 10 to 17 percent generally.

So concluding the post by saying that analyse the policy properly, you can google about the basics of ULIPs anytime and yell out at agent which tries to fool you in future HAPPY INVESTING!!!

Weak Global cues drag BSE | NSE down at closing

Major Indian stock indices including BSE's SENSEX and NSE's NIFTY closed in red as weak global cues affected the investors outlook and greece worries also engulfed the environment. However according to me the markets would soon rebound as the news of greece's bailout becomes more clearer and substantial.

The Closing prices of major stock indices today are as follows:

NIFTY	5148.50
SENSEX	17134.17
MIDCAP	-1.75 percent
BSE REALTY	-2.76 percent
BSE METALS	-3.93 percent
BSE SMALLCAP	-1.75 percent

Temasek purchases 5% stake in NSE for 115 million dollars

US-based stock exchange NYSE today announced selling its five per cent stake in India's top bourse NSE to Singapore government's investment arm Temasek.

The deal marks exit of New York Stock Exchange from National Stock Exchange and Temasek's entry as shareholder.

The transaction has received the necessary regulatory approvals, NSE and Temasek said in a joint statement, but did not elaborate on the financial details.

NYSE had acquired 5 per cent of NSE in 2007 for 115 million dollars, valuing the bourse at about 2.3 billion dollars.

SENSEX | NIFTY closes in red as global cues weakens

(BSE closing rates 3/5/2010) - Market breadth was negative on the BSE with 875 declines against 424 advances.

Bombay Stock Exchange’s Sensex closed at 17386.08, down 172.63 points or 0.98 per cent. The index touched intra-day low of 17345.92 and high of 17536.86.

National Stock Exchange’s Nifty ended at 5222.75, down 55.25 points or 1.05 per cent. The index touched a low of 5210.05 and high of 5278.70 in today’s trade.

“Indices are likely to face resistance at the 17650-17800-18000/5310-5350-5400 levels (on Sensex and Nifty respectively). Any surge in the indices may see profit taking around the indicated resistances. Downside supports are placed at the 17350-17200-17050/5250-5220-5200 levels.

Depending on the global cues we expect to see an upward movement from the mentioned supports and trade could be influenced by strong moves sectorally. Any move until the said resistances shall be utilised to exit from long positions and look out for a sustainable move,” said Kalyan Reddy, technical analyst, Karvy Stock Broking.

BSE Midcap Index was down 0.40 per cent and BSE Smallcap Index slipped 0.33 per cent.

Amongst the sectoral indices, BSE Metal Index was down 1.74 per cent, BSE IT Index slipped 1.28 per cent and BSE Capital Goods Index declined 1.06 per cent.

Realty | Metals | Banks lifts SENSEX , Nifty closes in green

(posted under - BSE live, NSE live, BSE closing) - Updates from Indian Stock Markets closing for 29/4/2010 is as follows:(red color shows declines, green color shows increase)

NIFTY	5254.55
SENSEX	17497.20
MIDCAP	1.17 %
BSE REALTY	2.18 %
BSE BANKEX	1.72 %
BSE METALS	1.20 %
BSE FMCG	1.11 %
BSE SMALLCAP	1.32 %

SENSEX looses 310 pts as investor's loose 41k crores of investment

(posted under - SENSEX crashes, SENSEX stock updates)- Indian Stock markets nosedived today because of global cues especially the greek debt news and bailout news comes on.

Bombay Stock Exchange’s Sensex closed at 17405.35, down 285.27 points or 1.61 per cent. The index touched intraday low of 17344.58 and high of 17643.59.

National Stock Exchange’s Nifty ended at 5219.55, down 88.80 points or 1.67 per cent. The index touched a low of 5202.45 and high of 5308.25 in today’s trade.

BSE Midcap Index was down 1.52 per cent and BSE Smallcap Index moved 1.94 per cent lower.

All the sectoral indices ended in the red. BSE Realty Index fell 3.61 per cent, BSE Oil&gas Index declined 2.72 per cent and BSE Metal Index was down 2.21 per cent.

Market breadth was negative on the BSE with 1090 declines against 218 advances.