INVESTOR INTEREST


These companies have an excellent record and are available at very reasonable valuations. Analysis by ML Research Desk The ultimate dream of every investor is to buy stocks that will multiply not just two or three times, but many times, over a period. That is what stocks like Gujarat Ambuja or...

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When the fad of investing in rural areas was rife, we had suggested Jain Irrigation Sytems (JISL) would be one of the stocks attracting attention (June 7th issue). Since that period, the stock has gone up 39%. It has an interesting portfolio of products including drip and sprinkler...

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Interested in health? Always reading up on diet and health habits? Got a flair for putting together balanced meals and guiding yourself and other people to eat right and stay fit? If so, a career as a nutritionist might be just the thing for you. It is a lucrative way of earning your...

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What if you could sell your life insurance policy and get the maturity value now? I have always maintained that the only life insurance one should buy is a whole-life policy and nothing else. Now, a new use for this in the US makes it even more relevant. Imagine that you are 70-plus. Your...

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ML Research Desk 22 January 2007
Investors, who can pick the right stocks at the beginning of the year, stand to make good gains in the months ahead. But it is not just the right stocks that matter; they have to be picked at the right time. After all, Warren Buffett dropped a billion dollars in 2005 because his bet about the...

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Put your money in a liquid fund and wait for the correction The year 2006 has been a smashing year, with corporate performance exceeding analysts’ expectations by miles, thanks to supply constraints which have transferred the pricing power in favour of companies. An industry like cement, which...

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Fund companies are asked to mention that past performance is no guide to the future. Just as well, shows a new study Investors and fund professionals mainly rely on past performance in fund selection. But is this logical? If so, why do regulators insist that funds must be sold with the caveat...

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The record of Indian Mutual fund schemes go under many names and categories. But no matter how you look at it, essentially, you can break them into those that invest in debt paper, in equities or in a combination of both. Look at the category commonly called “Income” funds. They are touted as...

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Debashis Basu, Shailendra Lotlikar  and   Charmi Gandhi 04 January 2007
The severe speculative fever of the past two years has created a highly distorted list of wealth creators. Here is a story of stunning winners and surprising laggards of the past 10 years by Debashis Basu, Shailendra Lotlikar and Charmi Gandhi “We are never confused about why we exist....

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Stock operators sometimes play an important role in making prices move. They are the least understood part of the market, explains Debashis Basu Often the stock of a company suddenly shoots up for no apparent reason. The media are usually clueless too, ascribing flimsy reasons to explain the...

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How much should we expect our equity investments to deliver? Here is a surprising answer Equities always outperform all other asset classes’. ‘Equities are the best form of investment’. ‘If you want to retire rich and early, buy equities’. These are the mantras of financial planners, mutual...

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A high-risk scheme with CRISIL Liquid Fund Index as its benchmark! It’s all very fine for the market regulator to dash off a letter to MoneyLIFE on behalf of fund companies coming out with mis-labelled schemes, but the supply of funny schemes from the fund industry looks endless as the...

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Funds encoureage churning to meet targets while the incentive to sell insurance is too high Recently, I met a friend who is in the business of distribution of mutual funds and life insurance. We were discussing issues relating to selling of both and some interesting facts emerged. During a...

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These funds have negligible public participation. Yet, the regulator allows these to remain in the public domain! Mutual funds are meant for the public, just as listed equity shares are. But while listed companies have to ensure a minimum public participation, mutual funds are exempt from it....

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A large number of companies have queued up at SEBI to make public issues. SEBI has been accused of dragging its feet in ‘clearing’ them. But when it looked closely at the draft prospectuses, SEBI discovered scores of problems in disclosures. This is the seamy side of a red hot IPO market....

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ML Research Desk 07 December 2006
Of the 15 mid-cap funds with a one-year record, only 7 have beaten their benchmarks. Analysis by ML Research Desk MoneyLIFE has been extensively tracking the performance of the fund industry since its launch and has proved, through its research, that more than half the funds fail to beat...

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If and when asset management companies are listed, sell all your funds and buy the stocks of AMCs! Here is why This magazine has repeatedly proven that a large number of funds underperform their respective benchmarks. Intensive fund tracking in the US spread over the last 40 years reveals...

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A slew of new funds is offering combined flavours. Some will work. As usual, you can never know in advance which one Pru ICICI’s new fund, Equity and Derivative Fund, has two flavours. One is designed to appeal to the conservative investors and the other is more geared to take advantage of...

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It is a debt fund that is benchmarked against Nifty. It is called Index Enhancer but it will not buy index stocks. With at least 55% invested in debt, it warns you that it will be a high-risk fund. How much stranger can mutual funds get? Among the long list of mutual funds that are...

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It is not easy to create proof of identity and address that are acceptable to banks, brokers, SEBI and other regulators quickly. For the common person, the most dreaded thing today is Know Your Customers or KYC. For every kind of financial transaction, whether mutual funds or stock trading or...

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