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basant
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Joined: 01/Jan/2006
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   Posted: 19/Mar/2007 at 11:48pm |
Originally posted by kulman
OptiMix Mutual Fund now has a unique scheme called Multi Manager Equity Fund. Unlike the existing range of schemes, which invest in different funds, the Multi Manager Equity Fund can invest directly in stocks based on the recommendation of a selected panel of fund managers as well as portfolio managers (PMS).
These fund managers are being classified as core managers and satellite managers. The fund is based on the premise that investors may not always choose the best performing fund.
While core managers will contribute 75% to the portfolio, satellite fund managers will be able to contribute the rest of it, or if there is a special situation in the market. For PMS, the fund has chosen Religare Securities, Surefin Finance, Karma Capital and, for fund managers, it has chosen DSPML, Reliance, HSBC, Franklin Templeton, Sundaram BNP Paribas and UTI.
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Too many cooks might spoil the broth??
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They are all marketing strategies. I think more the complexity greater the chance for market determined returns. Why not buy the Nifty Sir?
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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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omshivaya
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Location: India
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Posted: 19/Mar/2007 at 2:43am |
Wah Wah! These guys are finding better and better marketing gimmicks to play around with the investors' perceptions. All this means nothing...in the end, it will be just about the same returns as any other good fund(if it does become one).
But for any marketing guys on TED, note this case down for your case-study.
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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xbox
Senior Member
Joined: 10/Sep/2006
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Posts: 2001
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Posted: 19/Mar/2007 at 5:32am |
OptiMix Mutual Fund
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I am firm believer of FoF. They are not high flyer but consistent performer both good and bad times. They are not restricted by liquidity problem (often cited for mid and small cap stocks).
One of my FoF turned into pure debt fund at starting of this fall, so restricted from downfall. But then when to get into equity and when to get out from equity is a important call. A plain vanilla fund can not take this call so , they follow downside, if any.
On other-hand, FoFs are expensive. As they say in market there is not any one strategy which works always.
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Don't bet on pig after all bull & bear in circle.
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basant
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Posted: 19/Mar/2007 at 9:11am |
One of my FoF turned into pure debt fund at starting of this fall, so restricted from downfall. But then when to get into equity and when to get out from equity is a important call
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I think this happened by chance and not by choice! Guruji bhi time nahi kar sakte hain bazaar ko!!!
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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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xbox
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Posted: 19/Mar/2007 at 9:24am |
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Very good point Basant jee. Predicting a direction is beyond human. I don't know how they decide on direction.
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Don't bet on pig after all bull & bear in circle.
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monu_duggad
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Joined: 07/Sep/2006
Location: India
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Posts: 289
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Posted: 20/Mar/2007 at 3:17pm |
Yaar
Someone said fundhouse having pms wud perform suboptimally....kya logic hain ? i dint get...am i missing something...
btw ye icici wale aajkal kaafi aggressive ho gaye hain...roj 10 sms karte hain muze...buy idbi march futures for target of 80 with sl of 74...buy sbi future for target of 965 in next 15 minutes.....:-))...
i hope they dont charge me for this sms...
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If you think you can,You Can
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kulman
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Joined: 02/Sep/2006
Location: India
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Posted: 20/Mar/2007 at 6:04pm |
btw ye icici wale aajkal kaafi aggressive ho gaye hain...roj 10 sms karte hain muze...buy idbi march futures for target of 80 with sl of 74...buy sbi future for target of 965 in next 15 minutes.....:-))...
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Monu jee
Such "momentum calls" on mobiles via text messages are common with almost all large brokerages.
As per reliable insider sources: SMS = Seduce Mungerilals Systematically to increase trading volumes, i.e. more brokerage.
Edited by kulman - 20/Mar/2007 at 6:05pm
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Life can only be understood backwards—but it must be lived forwards
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deveshkayal
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Joined: 04/Sep/2006
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Posted: 28/Mar/2007 at 11:03pm |
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Rel MF bags 6 Intl. Lipper awards,highest by an Indian Mutual Fund. While ICICI Pru bagged 1 award. There were in all 22 awards given to Mutual Fund based in India.
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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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