Joined: 08/Mar/2007
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Posted: 10/Aug/2007 at 5:11pm
hi basantji
while speaking to a friend in MF wrt to this fund , he told me to check out the unamortised launch and other expenses and said to check out if it is material - was trying to collect the info but was not able to figure out ...can u pl help .
Joined: 01/Jan/2006
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Posted: 10/Aug/2007 at 5:29pm
Should not be significant. Will have to check valueresearchonline.com but as per SEBI norms they cannot keep amortised expense without charging it tro NAV on daily basis.'
ALso such expense is charged in 5 years here MSGF has been more then 13 years in existance so it should be charged already.
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Joined: 06/Aug/2007
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Posted: 10/Oct/2007 at 9:04pm
nav of morgan stanley is 63.5.fund to mature in feb 2009.if sensex reaches to 25000 by feb 2009 as expected by everyone,morgan stanley's nav will be atleast 90.present market price is 56-57. purchasing it now should fetch about 50% in 15 months.
nav of morgan stanley is 63.5.fund to mature in feb 2009.if sensex reaches to 25000 by feb 2009 as expected by everyone,morgan stanley's nav will be atleast 90.present market price is 56-57. purchasing it now should fetch about 50% in 15 months
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Reaching to 25K, index will give 32% returns and midcap index could give 70-80% return and TED XI could give triple digit returns.
The sensex has reached 19000 today and morgan stanley closed at 57.85,NAV should be 66 today. I don't know whether the sensex can reach 25000 by Feb 2009 but if (and a big If) you get a 15 % correction it makes great sense to buy it then and with less than an year and a half remaining you can make decent returns with limited downside risk due to the cushion provided by discount to NAV while buying from market. I feel only good results can sustain the current unidirectional movement in sensex otherwise a big correction is on cards.
Joined: 01/Jan/2006
Location: India
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Posts: 18403
Posted: 15/Oct/2007 at 6:28pm
The portfolio is also very well laid out and I woudl second that opinion.
'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 know one thing that whenever people want a correction or expecting one...corrections never happen.....but it is scary ..25000 may be possiible ........1000 points these days are coming so fast Basantji are things similar to 2000
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