Since last 3 years I have beeing thinking about MSGF. Sometimes in favor and some times against. Needless to say I am/was confused. Mass redemption in 2009 is almost certainty, which will definitely affect it's return capability but passing-off 17-20% discount is also very hard to digest.
Personally I think we can avoid this fund. It has no great past and of course future is quite shaky except current discount. One can find better Managed fund. If we take a note of difference between best performing and not-so-worst (average) performing fund, then we will never think of current discount from MSGF.
Basant jee, That Sandeep sbarwal is lead fund manager of JM eq and JM emerging leader. Can you suggest any contrarian bet on Sandeep ?
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Posted: 24/Jan/2007 at 8:46am
Sandeep Sabrahawal was earlier with SBI and he really sent the NAV's to the skies.ALso allegedly tainted in the 2000 scam!
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Posted: 17/Apr/2007 at 4:57pm
the morgan stanley growth fund has added pantaloon retail to its portfolio it forms more than 1% of the fund others added are bharthi, praj, and tv 18 none of these stocks were presnt last yr
understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
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Posted: 17/Apr/2007 at 5:05pm
Interesting. I think they bought Tv18 at rs 650 in the QIP and so did DSP Merill Lynch - this is from unconfirmed information. Where did you see their March portfolio? Is it out?
Pantaloon was added at Rs 415 in the QIP - company confirmed in an email to me some time back.
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Posted: 17/Apr/2007 at 7:03pm
I just saw that. Seems to be a classy portfolio and an ideal position for people to park their allocated funds for large cap investments.The logic remians the same as before.
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
I'm a new Memer and joined TED today. I just want to know the opinion of Members on Investing in Morgan stanley growth fund as it is currently available at a discount of about 12% in secondary market(Rs 49.80 vs around Rs 56.50 NAV) and is due for redemption in Feb 2009 which is only one and a half year away. So if you buy it today you get a downside cover and a bonus gain if markets continue to rise.
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Posted: 18/Jul/2007 at 9:41pm
Without doubt it is a no brainer buy if you are invested in large caps!
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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