Despite volatility, the market beckons. And regardless of the contradictions, the India growth story is on a sound footing. Confused about whether you should sell or buy or hold?
19-Jun-2007 •Dhirendra Kumar
Normally, I tend to refrain from such flamboyant statements. So please forgive me this time around when I tell you that this is one issue of Mutual Fund Insight you should not miss.
Our cover story - Time to buy again? - takes an objective look at the current scenario in India. We have been getting our fill from the newspapers on the movements of interest rates, inflation, and the rising rupee. Here we tell you whether or not this should influence your investment decisions.
We have started two new initiatives - Peer Pressure and Random Pick.
The questions we are plagued with are whether it's time to sell Franklin Prima and if Reliance Growth is worth holding on to. Here we looked at both of them because their similarities are uncanny yet their paths divergent. Under the new header Peer Pressure we look at what makes these funds tick, what brings them together and what sets them apart.
While we analyse star performers, we also keep our eyes open for lesser-known funds. We have decided to now share this information on "off-the-radar" funds with you. After all, as an investor, it pays to look beyond the heavyweights. So our first Random Pick that is what this new initiative has been named, will be a fund that was the No 1 performer for the week ended June 1, 2007. It was the best performer across 5 time periods (1-week, 1-month, 3-months, 6-months, 1-year). I won't give you the name, you can read about it in the magazine.
Of course, I would welcome your feedback.
Our interview is with Sukumar Rajah. He is the Chief Investment Officer (Equity) at Franklin Templeton. He candidly speaks to us on why his fund house has that many funds, the logic of his new fund, why performance has dipped and what he plans to do to get them to be star performers again.
We also look at tax-saving funds because we are of the opinion that tax planning should commence at the start of the financial year. So in the first quarter of FY2007-08 we present you with the best of ELSS.
The rest of the stuff : Portfolio Makeover, Ask Value Research, columns, data, you are well aware of. So do pick up an issue, or subscribe at www.valueresearchonline.com/subscribe. It will go a long way in helping you achieve your goal of wealth creation and financial freedom.
Mutual Fund Insight