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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
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Posts: 4243
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   Posted: 13/Jun/2007 at 10:20pm |
Basant - You might want to investigate Tata AMC - and see if it is owned by Tata Investments.
| Good to see that Rel Cap is being discussed deeply |
Yeah - I like Rel Cap too. But the AMC business is just the bread. Insurance business and consumer finance/brokerage business is like butter and jam!
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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Posted: 13/Jun/2007 at 10:41pm |
yes, tata AMC is owed by Tata Investment.
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'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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Ajith
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Joined: 06/Aug/2006
Location: India
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Posts: 1284
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Posted: 13/Jun/2007 at 10:47pm |
Reliance Capital seems a good bet in financial services.Ultimately,they may even float a bank if RBI gives in.
No doubt about it,the brand equity of Reliance Mutual Fund will enable it to grow much faster than the marketThe total corpus can even grow 6 times in 6 years if a hot trend emerges.Will that in itself boost Rel Cap valuations?It well might.
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Ajith
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johnnybravo
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Joined: 17/Jan/2007
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Posts: 533
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Posted: 13/Jun/2007 at 11:19am |
Originally posted by smartcat
There are basically two arguments against 'Investing in AMC' idea -
- Investor indifference to performance (NFO mania)
- Oversaturation of the market (competition)
AMC corpus of your favorite fund house will definitely increase yes - but it won't be as much as you'd like it to be. |
Smartcat, What I am trying to say here is: 1) Irrespective of whether people become choosy/wiser about their investment, the bottom line is they will keep on investing more and that's what matters when we invest in an AMC. 2) Saturation-Competition is always followed by Mergers...The weaker players shall get out or merge funds but again irrespective of that people shall continue investing in MFs. A lot of MFs that existed a few years back have merged with some other strong handed ones. The whole idea here is that at a rising economy with increasing income levels, public participation shall increase multi fold and that's where the call is. Having said all this please rest assured, Reliance MF is not my favorite fund house, neither am I holding any MF from their kitty. For me the word 'Reliance' is 'High unreliable fellows'. Cheers!
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deveshkayal
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Joined: 04/Sep/2006
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Posts: 3903
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Posted: 08/Jul/2007 at 11:36am |
Equity fund inflows may dip 30% in July. (BS)
Rel MF's official denied rejecting any apllications. "We are accepting applications without the PAN or application form copy.However we will not allocate the units of the scheme to those investors who do not give us the PAN card copy or evidence of having applied for it before the allotment date" an official stressed.
A few fund distributors pointed out that Rel MF was also distributing PAN application forms along with the MF application forms.
Reliance Equity Advantage Fund aims to garner Rs.30-40 billion, which will close on July 10.
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Basantji,your reply to the same....
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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xbox
Senior Member
Joined: 10/Sep/2006
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Posts: 2001
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Posted: 08/Jul/2007 at 11:42am |
We are trying to compare apple with oranges. Whole logic of investing in mutual funds is to gain diversification, low risk/reward kind of scenario. Investing directly in stock (could be any one) is for concentration, high risk/reward scenario.
Either of these hardly replaces each other in any investment zone as both are king of their own world.
<<Chota muh aur baddi baat>>
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Don't bet on pig after all bull & bear in circle.
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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Posted: 09/Jul/2007 at 12:30pm |
Originally posted by deveshkayal
Equity fund inflows may dip 30% in July. (BS)
Rel MF's official denied rejecting any apllications. "We are accepting applications without the PAN or application form copy.However we will not allocate the units of the scheme to those investors who do not give us the PAN card copy or evidence of having applied for it before the allotment date" an official stressed.
A few fund distributors pointed out that Rel MF was also distributing PAN application forms along with the MF application forms.
Reliance Equity Advantage Fund aims to garner Rs.30-40 billion, which will close on July 10.
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Basantji,your reply to the same.... |
That should put some more money in the market. Good for existing investors.
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'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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deveshkayal
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Joined: 04/Sep/2006
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Posted: 10/Jul/2007 at 10:29pm |
Reliance Growth Fund's AUM crosses $1 billion 
As i said earlier, i will always be biased towards this Fund...
I expect Rel MF AUM for July to be around Rs.62,000 crores...
Rel MF is awaiting SEBI approval for its overseas fund..
Edited by deveshkayal - 10/Jul/2007 at 10:51pm
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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