Golden Eggs-Mutual Funds in India

Golden Eggs-Mutual Funds in India

Investing into Mutual fund is safe and low risk compare to shares.Mutual fund is functioning in a well displine and systamatic manner.Who says that an elephant cannot dance? It can do so and when it does,everybody sits up and takes notice.
1.Reliance Growth -NAV- 309.31 (As on 12-09-2008)

• 3-Year Returns 24.79% other in the same category- 17.42%
• 1-Year Returns 4.34% other in the same category- -6.63%
• 6-Months -17.93% other in the same category- -21.31%

2.Deutsche Alpha Equity -NAV- 58.95(As on 12-09-2008)

• 3-Year Returns 27.61% other in the same category- 17.42%
• 1-Year Returns 5.57% other in the same category- -6.63%
• 6-Months -18.1% other in the same category- -21.31%

3.Sundram BNP Paribas Select Focus -NAV-69.77(As on 12-09-2008)

• 3-Year Returns 28.64% other in the same category- 17.42%
• 1-Year Returns 8.35% other in the same category- -6.63%
• 6-Months -18.13% other in the same category- -21.31%

4.ICICI Prudential Dynamic-NAV-69.66 (As on 12-09-2008)

• 3-Year Returns 25.24% other in the same category- 17.42%
• 1-Year 0.95% other in the same category- -6.63%
• 6-Months -11.13% other in the same category- -21.31%

Management guru Subroto Bagchi-The High Performance Entrepreneur.

Management guru Subroto Bagchi-The High Performance Entrepreneur.

Subroto Bagchi is a renown writer and co-founder of MindTree Consulting. He is a pragmatic and prolific writer in this century. It is very important to allow employees in organizations to be spontaneous. Life is designed to be so. But often distrust creeps in when organizations impose spontaneity and it becomes structured. I call spontaneity the white space time,” says Subroto Bagchi. He should know ,he is the author of the best selling The High Performance Entrepreneur and the recently launched Go Kiss The World(both published by penguin). He explicates that spontaneity is like a burning candle-the yellow flame never singes your but the white zone of the flame definitely does. So it is in the work area-when leaders meet the team in non agenda based space or what he calls the white space time, the likelihood of the impact is much more.

Subroto Bagchi who simply calls himself the Gardener was the co –founder and the former COO of MindTree Consulting.Bagchi gave up the position of authority of a position of service and in his present capacity works at the grassroots levels fostering innovation. And while giving a lecture about how his blind mother, who on her death bed told him not to kiss her but to go and kiss the world, it gave him the idea for this new book. It is aimed at the rural populace who comes to the big cities in search of jobs.

Bagchi in the book has constructed his personal story of constant displacement and how despite a blind mother and a father who had manic depressive psychosis, the family values were strongly imbibed by him and his siblings. Bagchi from a lower division clerk in the industries department of the government of Orissa worked his way up and went on to hold multiple posts in Wipro. He then founded MindTree Consulting.
Bagchi stressed the importance of emotional infrastructure in an organization. He points out that the strength of the middle-class Indian family is the emotional support each individual gets likewise it would be of great value to the organization if it can sense the employee’s emotional state and help him in a time of crisis. Using his own experience, Bagchi has crafted an interesting management book where he eggs the layman to go and kiss the world.
Bagchi principle

• Do more by doing less
• Learn some thing completely new
• Be one with you work
• Be your own benchmark
• Study professional practices outside the organisation
• Groom a replacement
• Learn to learn
• Watch your health
• Pray
  Source-Times of India, WEEKEND PLANNER(June 20,2008)

SYSTEMATIC INVESTMENT PLAN

SIP
There is a saying "little drops make a big Ocean". This is what exactly fitting our today's financial situation.Nowadays Earning capacity is increased rapidly. But Money saving attitude is on down the trend.There are many ways to save money. The Recurring deposit,chit,and mutual fund.
The mutual fund is the only product to meet the demand of inflation. The Recurring deposit,and chit returns are static irrespective of market fluctuation.

Always there is ups and downs in the share market. If the market is down we will get more units. If the market is up we will get the less number of units. Let's say Net asset value of mutual fund A is Rs.10.Suppose we are going to invest Rs.1000 per month.The entry load will be 2.25%.The entry load for Rs.1000 is Rs.22.5. The actual investment portion will be Rs.977.5.(Rs1000-22.5) . Number of unis for Rs.977.5 is 97.5.(Investment Portion/NAV=977.5/10).The following is the real time data which will give you real understanding of Mutual fund benefits.Each month unit will be allocated .
You will notice one month there will be more number of units and other month there will be less number of units.Finally the total number of units will be 699.057.
Nav on final month will be 22. So final value will be Rs.15,379.54.

Month	Amount	Price	Number of units	Balance in units
DEC	Rs.1000	18.28	54.705	54.705
JAN	Rs.1000	15.65	63.898	118.603
FEB	Rs.1000	15.54	64.350	182.953
MAR	Rs.1000	14.32	69.832	252.785
APR	Rs.1000	15.41	64.893	317.678
MAY	Rs.1000	16.10	62.112	379.790
JUN	Rs.1000	16.51	60.569	400.359
JUL	Rs.1000	18.18	55.006	495.365
Aug	Rs.1000	16.32	61.275	556.640
SEP	Rs.1000	19.49	51.308	607.948
OCT	Rs.1000	20.97	47.687	655.635
NOV	Rs.1000	23.03	43.422	699.057

Systematic

ICICI LIFE STAGE PENSION PLAN

ICICI LIFE STAGE PENSION PLAN

This is really good and beneficial plan which i have ever seen. Most of the ULIP Plans are collecting heavy amount for policy allocation. But this is plan for total investment option. All of your amount goes on investment portion. You can avail Tax Benefit also. You enjoy your life is same as "Government Employee" i.e you will get the permanent pension as per your desire.

Your money grows when the market performs well. Even the market is under performing still you will get good income compare to Traditional saving scheme such as Fixed Deposit,Post office...so on. This is better than the ELSS . In ELSS they will charge for entry load such as 2.25% whereas there is no entry load here.

Retirement time is the time to live your dream, dream that you have been putting off as you never had the time for it. But your retirement dream has a cost attached to it. We call this your retirement number.
To help you achieve your retirement number ICICI Prudential presents to you, LifeStage Pension.
One of the most distinguishing features of this policy is that it has no premium allocation charge for regular premiums which means 100% of your money is invested. What’s more, the policy provides you with a unique lifecycle-based strategy that continuously re-distributes your money across various asset classes based on your life stage and risk tolerance, eventually providing you with a customised retirement solution. Invest today to attain your retirement number and fulfill your dreams.
Benefits
• Option to choose a unique and personalised lifecycle based portfolio strategy to create ideal balance between Equity and Debt.
• This plan invests 100% of your money in the portfolio of your choice.
• Enjoy the flexibility to choose from 5 pension options through which you can receive your pension.
• Opportunity to earn potentially higher returns by investing in Unit Linked Funds.
• Receive tax-free commutation up to one-third of the accumulated value on vesting (retirement) date.
• Avail tax benefits on premiums paid u/s 80CCC.
Features
Minimum/Maximum Entry Age -18 years to 70 years
Maximum Cover Ceasing Age -80 years
Minimum/Maximum Policy Term-10 years to 62 years
Minimum/Maximum Vesting Age-50 years to 80 years
Premium Payment Frequency-Monthly, half-yearly, yearly
Minimum Premium-Rs. 15,000 p.a
Tax Benefit-Under Section 80CCC, as per prevailing Income Tax laws on premium paid for base policy

This is the best pension one should invest.In future we will get enormous return which is beyond comparable
Fund Performance

NAV(11.01.2008) : Rs.15.56/=

Last 3 Mths Return :9.27%

Last 6 Mths Returns :31.86%

Since Inception :55.60%

Let us say if you invested Rs.1,00,000/= on 20.03.2007,the value will be Rs.1,55,600/= as on 11.01.2008.
Feel free to add your comments my dear brothers and sisters.