PMS
I have invested in different mutual funds through Kotak Mahendra Bank giving me an overall average return of 12% p.a. Now my relationship manager is suggesting me to MOVE my funds to Kotak PMS. Please advise. more
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Dear Ashish If you can Manage then please do not go for PMS. You can take much better care of your own Finance then a third person. However if you need you can take help of Financial Adviser for building your Portfolio which is balanced & as per your needs. If Invested in Mutual funds then better go for SIP that helps in averaging the cost over a period of time. May read about the suitable Instruments at the Trading Portals of ICICI & HDFC. more
Dec 11
Dear Manish, There's no right time or wrong time to enter stocks, instead you should consider these.... Have I understood the basics of stock market? Whats my risk appetite? How long you can stay invested? What companies I should choose? Initially never invest in penny stocks If your investing DO NOT ALL YOUR MONEY IN ONE STOCK/company Diversify based on your risk appetite Go for SIP (Systematic Investment Plan) instead of investing all at a time DO NOT GET CARRIED AWAY BY THE PROMOTERS AND MEDIA SPECULATIONS Invest wisely and after careful study on the company management and financial reports Don't relay on recent achievements of the company, consider minimum last 3 years performance and financial reports. This is my personal advice! more
Dec 10
Dear Ashish Malik Ji, Please note Mutual Fund investment is much more safe than PMS. Please arrange portfolio in mutual fund schemes according to your need and time horizon. more
Dec 05
Any stock /MF need to be held for long time at least 7 to 10 years. This the normal cycle in which the financial market go up/ down. It depends on what yu need If would like to have corpus for retirement, choose value / growth schemes for long time For regular income choose dividend option of such schemes PMS you would like to take some risk. Then monitor how your investment is being managed. They may be interested in shuffling for their earning if left to them. One needs to look at all these. But MF may be safe with selected themes. more
Dec 05
Dear Mr Sumit Kothari Any specific reason to sell Equity Mutual Funds. Are you expecting a very sharp fall in equities or you just want to enter at lower levels. Please explain your reasons as many times i have waited for lower levels but those levels never came and i lost the opportunity. What would be the best level of Nifty to enter considering present situation. Waiting for your comments more
Dec 03
