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Investors need to get back to basics of value picking It is nature's way that every spring is followed by autumn. Investors are finding out that the stock market is no exception to this rule. After four years of unchallenged stampeding on D-Street, the bulls have been forced to retreat by the resurgent bears. The questions that both market experts and retail investors seem to be asking are: Is this the beginning of a bear market? How long will it be before the bulls are seen on the horizon again? The truth is that there are no clear-cut answers and the future, as of now, is up in the air. What is obvious, though, is that investors are unlikely to see their investments growing as fast as they have grown in the past four years. So, does this mean that it is time to stay away from the market? Not quite. While the days of making easy money and double-digit returns within a few months in the market may be over, there is still scope to generate good returns on investments. For th...

Franklin Templeton MF files offer document Buy Online             Buy Offline Name of Fund: Franklin Templeton Fixed Tenure Fund - Series IX Scheme: A close-ended Income scheme Objective: The scheme seeks to generate returns and reduce interest rate volatility through a portfolio of fixed income securities with a maturity profile generally in line with the funds duration along with capital appreciation through equity exposure. Face Value during NFO: Rs 10 per unit subject to applicable load. Investment Options: The scheme offers two plans. Plan A: three years from the date of allotment Plan B: five years from the date of allotment Each Plan has two options, growth and dividend (payout) option. Entry Load: The scheme will charge up to 4% as maximum sales/entry load on purchase including switch-in. Exit load: Redemption period (from the date of allotment) As a % of NAV ...

ABN Amro MF launches ABN Amro FTP - Series 10 Plan E Buy Online             Buy Offline Name of Fund: ABN Amro Fixed Term Plan - Series 10 Plan E Scheme: A close-ended Fixed Term Income scheme with no assured returns. Objective : The Investment objective of the Scheme would be to achieve growth of capital through investments made in a basket of fixed income securities in line with the duration the Scheme. Fund Opens : 27 February 2008 Fund Closes : 4 March 2008 Face Value: Rs 10 per unit. Investment Options: The scheme offers growth, dividend option (Calendar Monthly, Calendar Quarterly, Calendar Half Yearly, Calendar Yearly, and Dividend on Maturity Option). The Dividend Option offers Dividend Payout and Dividend Re-investment Facilities. Both the Options will be managed with a common portfolio. Entry Load: The scheme will not charge any entry load. Exit load: 2% if investor redeems before the date of mat...

HDFC MF launches 13M and 90D March plans under HDFC FMP -Series VII Buy Online             Buy Offline Name of fund: HDFC Fixed Maturity Plan 13 Months March 2008 and HDFC Fixed Maturity Plan 90 Days March 2008 Scheme: Both the schemes are of close-ended income nature. Objective: The investment objective of the fund is to generate regular income through investments in debt, money market instruments, and government securities. Options: Both HDFC Fixed Maturity Plans- 13 Months March and 90 Days March 2008 offers wholesale plan and retail plan with growth and dividend option. The Minimum Investment Amount: Under retail Plan: Rs. 5,000 and in multiple of Re. 1 thereafter per application Under wholesale Plan: Rs. 1 Crore and in multiples of Re. 1 thereafter per application Asset allocation: Debt securities and money market instruments: 60-100% Government securities : 0- 40% Securitised debt : Up to 75% of n...

Standard Chartered MF files an offer document Buy Online             Buy Offline Name of Fund: Standard Chartered Fixed Maturity Plan Quarterly Series (SCFMP QS) Scheme: It is a close-ended income scheme (with 3 plans). Objective: The investment objective of the Scheme is to seek to generate income by investing in a portfolio of debt and money market instruments. Plans: There are 3 plans in the scheme:Standard Chartered Fixed Maturity Plan Quarterly Series 31 (SCFMP QS31) ,Standard Chartered Fixed Maturity Plan Quarterly Series 32 (SCFMP QS32),Standard Chartered Fixed Maturity Plan Quarterly Series 33 (SCFMP-QS33) Asset Allocation: The fund will invest 100% in debt and money market instruments. Investments in securitised debts can be up to 50% of the net assets. Face Value: Rs 10 Investment Options: The scheme offers two options i.e. growth and dividend options under each plan. Load: Entry load is nil. An exit l...

Mirae Asset MF launches new Liquid Plus Fund Buy Online             Buy Offline Name of Fund : Mirae Asset Liquid Plus Fund Scheme: It is an open-ended debt scheme. Objective: The primary investment objective of the scheme is to seek to generate returns with low volatility and higher liquidity through a portfolio of debt and money market instruments. Fund Opens: 29 February 2008 Fund Closes: 3 March 2008 Face Value: Rs 1000 per unit. Investment Options: The scheme will have super institutional, institutional and regular plans. The scheme offers growth, bonus and dividend option under each plan. Dividend option shall have the choice of dividend payout; dividend reinvestment and dividend transfer options. Entry Load: The scheme will not charge any entry load during its new fund offer and ongoing offer period. Exit load: Under regular plan, it will charge a 0.10% exit load if redeemed within 30 days from the ...

***Mirae Asset MF launches new Liquid Plus Fund ***Standard Chartered MF files an offer document ***Reliance MF declares dividend ***HDFC MF launches 13M and 90D March plans under HDFC FMP -Series VII ***ABN Amro MF launches ABN Amro FTP - Series 10 Plan E ***ICICI MF declares dividend under interval plan ***ICICI MF revises load structure ***Franklin Templeton MF files offer document   Mirae Asset MF launches new Liquid Plus Fund Name of Fund : Mirae Asset Liquid Plus Fund Scheme: It is an open-ended debt scheme. Objective: The primary investment objective of the scheme is to seek to generate returns with low volatility and higher liquidity through a portfolio of debt and money market instruments. Fund Opens: 29 February 2008 Fund Closes: 3 March 2008 Face Value: Rs 1000 per unit. Investment Options: The scheme will have super institutional, institutional and regular plans. The scheme offers growth, bonus and dividend option under each plan. D...

Budget 2008 Highlights   NEW DELHI  - Finance Minister Palaniappan Chidambaram presented the union budget for 2008/09 on Friday, the fifth and final full one of the administration before elections due by May 2009.   Banking cash transaction tax withdrawn from April 1, 2009 Indirect tax proposals to result in loss of Rs 5,000 cr Direct tax proposals to be revenue neutral Dividend of subsidiary company exempt from DDT Reduce central sales tax to 2% Increase in short term capital gains tax to 15% 5-yr tax holiday for setting up hospitals in tier-II, tier III regions Excise duty of Rs 1.35/litre on unbranded petrol Excise duty of Rs 4.6/litre on unbranded diesel Commodities Transactions Tax to be introduced Securities Transaction Tax to be treated like deductible expenditure 5-yr tax holiday to 2,3,4-star hotels in UNESCO's heritage sites NO FBT on creche, employee sports, guest houses facilities No change in corporate income tax rate No ...