AMFI India has come up with ads – it is wiser decision to invest whatever little you can every month in Mutual funds. Can this Ads act be substitute to Entry load?
AMFI (The Association of Mutual Funds in India) has come up with ads saying it is wiser decision to invest whatever little you can every month in Mutual funds.
My view was – Eradication of entry load would actually mean lesser investment in mutual funds by non-savvy investor and so it is not at all a wise decision.
Do you still think no entry load was the right way forward at that time?
Similar phenomenon is also occurring to ELSS Funds through New Direct Tax Code. I know quite a few of my friends and colleagues who invested in ELSS fund with as little as 10,000 to complete 100,000 tax saving option under 80C now have a portfolio of few lakhs in mutual funds. Removing ELSS option would actually mean such investors will not be able to judge the kind of returns mutual funds can actually give and so will never think about investing in equity market.
Share your opinion in comments below.
Buying stock or bond from Pure income is it not risky? please help
No Risk No Gain Vee
Hi,
I want to buy a midcap mutual fund thru SIP of rs.1000 per month to balance my portfolio since I feel presently I have all Large cap funds and nothing in this space.
I am browsing many websites from a week to select one midcap fund and I am totally confused. Could you please suggest the best and the one midcap fund as on today to invest in SIP. My investment horizon in SIP is for a minimum of 3 years.
Thanks & Best regards
Chandru
Chandru, See http://shabbir.in/best-midcap-funds/
Hi Shabbir,
I am not a regular investor in MFs but I did make some investment in MFs in the last three years. I have a few ELSS and a few others but all in popular MF houses and funds. Now when I see my the consolidated statement of performance of these funds, all have had negative growth and my investment is at a loss of 18%.
Can you throw some light on the reason for this depriciation?
Is it only because of the market situation?
Do you think it is better to hold on till there is a positive growth even if it is too small and then go for redemption? Please advise.
Thanks and regards,
Akshita.
Akshita, yes market is not very good for Mutual fund investment but should you hold your MF’s or not depends on mutual fund and not the mutual fund house. As an example HDFC fund house has few very good funds but that does not mean you can invest in each of HDFC fund.
Can you explain why the market is not good for “Mutual Fund Investment” specifically?
Did I say that?