Thursday, January 17, 2008

Full fledged updates shortly

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

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 ,