Author Topic: Free Finance Related On-Line Consultancey by Mr Pankaj Mathpal- पंकज मठपाल जी  (Read 12934 times)

Ravinder Rawat

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1. Mathpal Ji I've  few bucks to invest for medium term.. but currently the interst rate on FDs are so low... is there is any chances of increasing in rate of interst, as I heared upto september the govt. is planning to take a huge loan... a significant amt from the market resulting which problems for corporate loan and personal loan...
Or should I go for MF...please advice Any new MF in market or go for existing one....

2. I'm also planning for a SIP, so please advice better MF for the same.

Ravinder Rawat

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Pls tell me about the Gold Trading Account..like from where the a/c can be open... who are offering these services... etc...
I only know that it works same like share trading through demat a/c ...

pankajmathpal

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1. Mathpal Ji I've  few bucks to invest for medium term.. but currently the interst rate on FDs are so low... is there is any chances of increasing in rate of interst, as I heared upto september the govt. is planning to take a huge loan... a significant amt from the market resulting which problems for corporate loan and personal loan...
Or should I go for MF...please advice Any new MF in market or go for existing one....

2. I'm also planning for a SIP, so please advice better MF for the same.

Your investment objective, horizon and risk-taking ability will determine which investment vehicle you should opt for. There is possibility that interest rates will go up in near future. If you want to invest for a period less than 3 year; I recommend you to invest in company FD, with high credit rating that will deliver slightly better returns than bank FD. Alternatively, you can consider investing in MF-FMP, if you are in high tax bracket as long term capital gain on FMP is maximum 10.3% whereas FD-interest is clubbed to your other income and is taxed as per slab rate. If  your investment horizon is three years and above, then I advise you to invest in diversified equity MF schemes with long term proven track record, in staggered manner through SIP and STP route.



pankajmathpal

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Pls tell me about the Gold Trading Account..like from where the a/c can be open... who are offering these services... etc...
I only know that it works same like share trading through demat a/c ...
You can invest in Gold-ETF through your equity trading account in the same demat A/c. No separate account required.

Ravinder Rawat

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Thanks Mathpal Ji.


1. Mathpal Ji I've  few bucks to invest for medium term.. but currently the interst rate on FDs are so low... is there is any chances of increasing in rate of interst, as I heared upto september the govt. is planning to take a huge loan... a significant amt from the market resulting which problems for corporate loan and personal loan...
Or should I go for MF...please advice Any new MF in market or go for existing one....

2. I'm also planning for a SIP, so please advice better MF for the same.

Your investment objective, horizon and risk-taking ability will determine which investment vehicle you should opt for. There is possibility that interest rates will go up in near future. If you want to invest for a period less than 3 year; I recommend you to invest in company FD, with high credit rating that will deliver slightly better returns than bank FD. Alternatively, you can consider investing in MF-FMP, if you are in high tax bracket as long term capital gain on FMP is maximum 10.3% whereas FD-interest is clubbed to your other income and is taxed as per slab rate. If  your investment horizon is three years and above, then I advise you to invest in diversified equity MF schemes with long term proven track record, in staggered manner through SIP and STP route.




एम.एस. मेहता /M S Mehta 9910532720

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Mathpal Ji,

Sir.. there is ULIP issue now days.. which is frequently coming news paper. Will u please let us know about this. I saw many people are withdrawing their bonds due to this. 

pankajmathpal

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ULIP is a combination of Insurance and Investment product where after deduction of various charges like mortality, administration, initial fund allocation and fund management charges; balance premium is invested in the capital market. Since ULIP is promoted by insurance companies hence it is regulated by Insurance Regulatory and Development Authority (IRDA) like any other insurance product but because premium is invested in the capital market hence capital market regulator SEBI claims it’s regulation.

ULIP has never been advised by good financial planners because of high charges and various other reasons but always pushed by insurance agents and relationship managers in bank due to attractive commission and incentives paid by the insurance companies. Since IRDA is failed to control the miss-selling of the product therefore SEBI want to take the regulation in their hand in the interest of policy holders.

I would recommend to Policy holders not to surrender the plan, if you have already bought it; as the charges are high in the initial years and subsequently reduce but my advice for new investors is to keep away from ULIP.

एम.एस. मेहता /M S Mehta 9910532720

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Pankaj Da,

Thank you very much for the detailed information.

Hope many members would have now got answer of their queries and doubts.

ULIP is a combination of Insurance and Investment product where after deduction of various charges like mortality, administration, initial fund allocation and fund management charges; balance premium is invested in the capital market. Since ULIP is promoted by insurance companies hence it is regulated by Insurance Regulatory and Development Authority (IRDA) like any other insurance product but because premium is invested in the capital market hence capital market regulator SEBI claims it’s regulation.

ULIP has never been advised by good financial planners because of high charges and various other reasons but always pushed by insurance agents and relationship managers in bank due to attractive commission and incentives paid by the insurance companies. Since IRDA is failed to control the miss-selling of the product therefore SEBI want to take the regulation in their hand in the interest of policy holders.

I would recommend to Policy holders not to surrender the plan, if you have already bought it; as the charges are high in the initial years and subsequently reduce but my advice for new investors is to keep away from ULIP.

एम.एस. मेहता /M S Mehta 9910532720

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Hi.. Friends.

Watch Mr Pankaj Mathpal on CNBC Awaj today at 11 pm.

His article has also been published in Business Standard .. Just have look. I would also request you guys please.. Ask your tax related queries to Mr Pankaj Mathpal here.

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SBI Mutual Fund’s new fund offer, which closes on June 14, will invest   in stocks of domestic public sector undertakings and in debt and money   market instruments issued by these companies.  UTI Mutual Fund, Religare Mutual Fund and Sundaram BNP Paribas Mutual   Fund had launched similar funds last year.
Returns from these funds have been quite impressive. As on June 7,   UTI Top 100 Funds had given 9 per cent returns in the last one year,   against 11 per cent returns from the Bombay Stock Exchange (BSE) Sen*.   This is even better than BSE’s PSU Index, which returned 7.41 per cent   in the period.
Others like Religare PSU Equity Fund returned 3.38 and 3.27 per cent   over three months and six months, respectively. Sundaram PSU   Opportunities gave 0.5 per cent over three months.
There is a strong case for investing in PSU funds. V V Anand,   executive vice-president, SBI Mutual Fund, said: “The PSU Index has   outperformed the Sen* in the last 10 years. Therefore, we believe   there is immense unlocked potential in these companies.” In the last 10   years, the PSU Index has returned over 805 per cent, while the Sen*   has given almost 251 per cent returns.
Experts believe that given the scale, the size and the reasonable   valuation of most PSUs, holding these stocks can be a good bet from a   risk-reward perspective.
The PSU theme looks promising on the back of strong fundamentals of   these companies, most being leaders in their sectors. During the   economic slowdown, they showed greater resilience than their private   sector counterparts.
The new norm of minimum 25 per cent public holding in all listed   companies will help investors get a good value for money and choice of   companies, say experts.
However, one should avoid investing directly in these stocks if   he/she lacks the knowledge of the stock market. It is advisable to take   the mutual fund route in such a case.
However, all PSU funds in the market do not have a proven track   record, for they have been around for hardly three to six months.
Mukesh Dedhia, director, Ghalla Bhansali Stock Brokers, said:   “Concentrate on equity diversified funds as most of these invest in   government companies.”
With the government planning to raise Rs 40,000 crore through   divestment in public sector units (PSUs), retail investors have a good   investment avenue. No wonder mutual funds want to attract them by   launching PSU schemes.
When SBI Mutual Fund launched its PSU fund last month, the company’s   Managing Director and CEO Achal Kumar Gupta said: “PSUs have tremendous   growth potential. They have helped in creating a diversified industrial   base for the country.”


For instance, HDFC Top 200 holds PSU heavyweights like State Bank of   India (SBI), Punjab National Bank, GAIL, NTPC, ONGC and Oil India.   Similarly, Reliance Regular Savings Equity Growth invests in SBI, ONGC,   GAIL, HPCL, Indian Bank and Hindalco.
As an investor, if you have good equity funds, there is a strong   likelihood that you already have exposure to most of these stocks. But,   if you want to invest in the theme, it should not account for more than   20 per cent of your equity portfolio.
“Such funds are not meant for small portfolios (who invest up to Rs   10,000 by way of systematic investment plans), but help the bigger ones   to diversify further,” said Pankaj Mathpal, a certified financial   planner.



http://www.business-standard.com/india/news/gooddon/t-go-overboard/398221/

एम.एस. मेहता /M S Mehta 9910532720

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I would request to our member whosoever any questions related to tax, please do write your queries here. Mr Pankaj Mathpal ji will reply your queries.

I think we must avail the free consultancey being provided by Mr Mathpal here.


 

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