Dear blog visitors ,
We thank you for your visit ,
Full fledged updation of all the news and views on mutual funds will start shortly .
over a period of time , we expect and aim to make this blog - No 1 for Mutual fund analysis in india . or atleast in top sites for mutual funds .
As of now ,we will focus on equity oriented New fund offers ( NFO ) only
we already have 3 blogs - "iponews" , "ipoplus " , "reliancepoweripo " , all are well supported blogs .
we will develop this blog on the lines of other blogsites and make it much useful to all investors .
keep checking for updates
we will add more features and articles to this blog shortly .
we will announce about blog updates in our group messages
Happy investing
iyg team
Thursday, January 17, 2008
Full fledged updates shortly
Wednesday, January 9, 2008
NFO watch -
Mutual Fund NFOs watch :
Current open - Equity Funds
1. Reliance natural resources fund - closes jan 30 { our top pick as of now }
2. AIG Infra & Economic reforms Fund - closes jan 31
3. Birla special situations fund - closes - Jan 15 .
4. Sahara classic Fund - closes jan 16
5. HDFC infrastructure ( close ended - 3 year ) - closes 16 feb ,2008
Some forthcoming NFOs
1. Reliance infrastructure - 3 year close ended { expected in february 1st week }
2.SBI Nation builder fund - 3 year close ended
3. Mirae india opp fund - open ended
4. Mirae global opp fund
etc ........................
Tuesday, January 1, 2008
No entry load from jan 4 for direct remittance to AMC
SEBI has given New year gift to mutual fund investors :
No entry load Mutual fund remittance done directly at office /investor service centre of AMC and thru internet of the AMC .
+ives for investor :
1. Saving of 2.25-2.5 % entry load .
-ives for distributor -
1. They may lose fees income from AMC .
overall , its a neutral effect only , as distributors now will not offer free advise etc ..
its a big jolt to mutual fund distributors
AMFI should come with new ideas ,so as to help their distributors
2.25 % load is not a big amount ,if any distributor offers true 100 % unbiased guidance to investors .
anyway , its good for all players concerned
but smart innovative distributors can earn money by offering fee based advisory service to their investors ,if they dont want entry load
its a win-win situation for all concerned
overall , a good step ahead for benefit of small investors .
we at our group ,wholeheartedly welcome this move and support it ...............
cheers ,
