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Rediff.com  » Business » Some golden investment tips

Some golden investment tips

July 04, 2009 13:09 IST
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Are you always at a loss while planning your finances? Are you aware of the investment options available in the market?

How best can you plan your finances? What are the crieria for evaluating an investment option?

Are mutual funds profitable investment options? When and how should one buy mutual funds?

In an hour-long on rediff.com on Wednesday, financial planning expert Sailesh Multani offered some valuable tips. Here is the transcript: 

Sailesh says, 
Goodafternoon everyone, lets start the chat session

bobby asked, Hi Sailesh Is buying Nifty Benchmark Exchange Traded Scheme - Growth at current price a good idea for long term ?
Sailesh answers,  at 2009-07-01 12:33:21hi, yes it is certainly a good idea to invest in Nifty based Index Fund at this stage. I am of the view that equity markets are likely to do well over the next few years. If your investment horizon is atleast 3 years then go ahead and invest.
rajx asked, hi, i would like invest 10000 per month, where shoul i invest for handsome gains over 10 years, pls suggest.
Sailesh answers, hi, in my view you should look at investing in equities if your investment horizon is 10 years. Equities offer high risk with high returns and time horizon of 10 years is perfect for equity investment. You should look at building a portfolio of well managed diversified equity funds with track record of at least 3 years to their credit.
mike asked, My age is 50, and as of now I do not have any debt instruments in my all equity portfolio. So, can you please suggest some good quality debt funds including the option to choose, that is, growth or div reinvest. Also,is monthly sip advisable in debt funds. Many thanks.
Sailesh answers, hi, you should have a mix of fixed deposits, liquid funds and MIPs in your debt portfolio. The liquid fund should form a part of your contingency fund. The FD should take care of your monthly/ annual income. MIPs have 20-25% in equities. These can help you earn more than average return expected from debt
debasis asked, Hi shailesh give 3 simple tips to grow ones wealth ??
Sailesh answers, hi, the answer is simple : PATIENCE & DISCIPLINE. Once you invest be patient. Dont expect the money to grow immediately, Also be disciplined. Invest regualarly. The most important habit to be developed as far as investment is concerned is to monitor your portfolio regularly and take corrective measures. Decide an asset allocation and stick to it...that is what discipline is all about
SANTOSH asked, i have 20 lacs in my PF & live in rented house (annual income 8lacs). Shud I dare to buy a house of 65 lacs
Sailesh answers, hi, in my view there is no better investment than owing a house. Yes, you should make an investment plan to ensure that you can buy the house property.
amitagr asked, Hi Sailesh, My Horizon is 1 year and I have 5 lakh ruppes to invest, where to go ?
Sailesh answers, hi, for an investment horizon of 1 year the best investment would be liquid fund. The objective here should be capital preservation as against returns. Return should be secondary
wth asked, please sugested me my momthly income are 10000 per month and exp are app 6000/- where shold i invest my saving of rs 4000 in bank or m funds , my age are 37 years
Sailesh answers, hi, the best way to invest your monthly savings is to have a investment plan for you. The investment plan should help you achieve your investment goals. Most important investment goals include retirement, children education and marriage, buying a house property
rajan C asked, Suggest best equity funds with good returns at higher risk for long term of 10 yrs. I am planning to invest 10,000 pm
Sailesh answers, hi, you can consider funds like franklin india bluechip fund, DSP BR Top 100 equity fund among others. The idea is to choose funds that are diversified, well managed and have a track record of atleast 3 years to show for.
PaagalAaadmeee asked,  Hi Shailse...my monthly income is 40,000. And I save around 15000 in mutul funds and insurance. Do i need to invest some money in Pension Plans, if yes how much money should i invest. Please respond.
Sailesh answers, hi, you need to make a reitrement plan for you. The plan will precisely tell you how much money you will need year on year post your retirement. You should then aim at building a portfolio of investments by your retirement age which will ensure a regular income year after year. I would not recommend a pension plan for you.
mao asked, 24% return on investemnt is a good return what do you suggest.what is an averange market bench mark
Sailesh answers, hi, in my view as far as equity is concerned, one should expect 15% return p.a. 24% is on a higher side
ramani_vijay asked, HI SHAILESH, I INVEST ABOUT 40 % OF MY SAVINGS IN EQUITY AND 20 % IN SAFE DEBTS. NOW WITH THE CHANGED MARKET SCENARIO, SHOULD I CHANGE MY STANCE. ALREADY MY PORTFOLIO IS ABOUT 15 % DOWN.
Sailesh answers, hi, your asset allocation is a function of your age, risk profile and investment horizon. The same should not change with the index level. E.g. you may be a risk averse investor and not willing to invest in equities. If the index goes down to 8000, that does not change your risk profile from risk averse to risk taker. Review your portfolio, the funds/scrips may be good and temporarily down but that should not be a cause for worry. If the funds/scrips are not fundamentally sound then you need to take corrective measures. Take help of a professional investment advisor
pooran asked, hi shalilesh.. need to invest 100000/- where i get tax benifit & gud rate of interest for min 5 years..pl suggest
Sailesh answers, hi, you need to invest in various tax saving schemes. You can choose to invest in NSC and PPF. While NSC is for 6 years, PPF is for 15 years. The rate of interest is 8% in both the cases. You can invest in ELSS (equity funds)but then these are high risk high return investments.
sundaram asked, Sir, I am 55 years I have invested in mutual funds in 2007 Rs.3 lakh but now the fund value is come down app30% what to do?
Sailesh answers, hi, you need to get your mutual fund portfolio reviewed. If the funds are fundamentally good then you should continue with the same. If your funds are not fundamentally sound, you need to take corrective action
san asked, Dear Sailesh I am 53 years old and have Rs 50 Lacs to invest. I do not intend taking any risk and I will want these funds in safe instruments as I want it only for my pension plan. Where can I invest this money to get best returns
Sailesh answers, hi, you need to draw up an investment plan for you. The plan should help you ascertain your year on year expenditure. Majority of your investment should be in debt, say 80% and balance in equities. As far as safe investment is concerned you should look at investing in fixed deposits preferably with Public Sector Banks
Saurabh asked, I want to take SIP Mutual fund 5K Rs... planning for HDFC Top 200. What do you say ?
Sailesh answers, hi, yes HDFC Top 200 fund is a good fund to invest in
23la asked,  Dear MR. Sailesh, Please reply I hv already invested in ICICI 18000 Per year, Kotak 36000Per Year, 34000 in LIC and some 10000 Per year in other schemes Is this investment is okay for a long term period
Sailesh answers, hi, are these insurance policies? If yes then if these are ULIPs then I would not say these are best investment alternative. In my view, term plans are the best form of insurance as they offer higher sum assured for lower premium
talwar asked, I want to invest about 2 lacs in a way that gives about 14 % interst and at the same time it is possible to use the money if required in an emergency. I have no idea about equity, demat accounts and being in army I keep changing places every 2 years. How should I invest in stocks at my home station ie Chandigarh? Whom should I consult and how do I go about it?
Sailesh answers, hi, to my knowledge there is no investment that offers interest @14%. The only investment that has the potential to give 12-15% returns are equities. But these should be for long term (5 years)as these are high risk in nature. I would advise that you consult a financial advisor to help you with a investment plan
Dipali asked, What percent of income should be put in 0 risk savings like FD, RD? What % to be put in MF which are combination of risk and good returns? Finally what percent of income should be saved and invested?
Sailesh answers, hi, the answer to your question lies in ascertaining your investment objective, risk profile, investment horizon. E.g. If you are 30 years of age and willing to take risk with time horizon of 5 years then invest 70% in equity and balance in debt.
Jitesh asked, can you suggest me some best tax saving mutual funds
Sailesh answers, hi, franklin india taxshield and fidelity tax advantage are among the better managed tax saving mutual fund schemes
arvind_skumar asked, Hi Sailesh, I have invested 12000 monthly (1000 SIP) in sundaram bnp paribas india leadership fund growth. Now the portfolio value is negative of Rs.3000 Please advice whether to redeem or should i hold. I have been waiting for long period of time to redeem units.
Sailesh answers, hi, this is a good fund. Hold on to the same. I am sure you will make profits from this investment.
venkanna asked, Govt.employees are not allowed to invest in shares. Whether they can invest in diversified equity funds?
Sailesh answers, hi, i am not sure of any notification that stops governemtn employees from invest in equities. They can invest in diversified equity funds.
Preetigs asked, Hi Shailesh , apart from Insurance , i want to know what r the other ways of investment with good returns
Sailesh answers, hi, in my view mixing insurance with investments is not the right approach. Insurance should be taken with a view to protect your life so that your family does not suffer in case of any eventuality. The Term plan is the best type of insurance. For investments you should consider various options. These include investing in stocks directly, mutual funds, fixed deposits, PPF, property, gold.
Sanjit asked, I am 27 year old engineer and in this time my CTC is 2lac/anual, i want to invest some money for future plan, what would be best in this time ? because i have no any idea about investment.
Sailesh answers, hi, I would recommend that you get a financial plan made for you that will help you achieve your various life goals like retirement, buying a property, children education and marriage. As far as investments is concerned, the sooner you start the better it is. Take help of a competent financial planner to make an investment plan for you.
arvind_skumar asked, Hi Sailesh, i have invested 10k in Sundaram Bnp paraibas Growth fund. Please advice how much time it will take to perform good in market. i have been holding these units for quite long time. At present the market value is negative for Rs.3200/- To get 20% of return on my investment how much time should i wait please let me know. (Thanks for your answers for my previous query)
Sailesh answers, hi, I would adivse that you tone down your return expectation from 20% to 15%. Sundaram Growth is a large cap fund and is managed conservatively. I would recommend that you redeem half the amount and invest in diversified fund like HDFC Top 200 Fund.
sunils asked, How do you rate company FDs?
Sailesh answers, hi, company FDs are unsecured loans in the books of the company. Beofre you invest your money in any company FD, pleae check the furture cash flows of the company. If they are healthy then go ahead and invest. Research company thouroughly to understand its financials before giving investing your money
starfish asked, Hi Sailesh, I am invested in UTI Leadership Growth & SBI Bluechip Growth since NFO, pls. advise whether to continue or withdraw ?
Sailesh answers, hi, I would recommend that you redeem your investments and invest in funds like HDFC Top 200 and Franklin India Bluechip Fund. Both HDFC/Franklin schemes are well diversified and have a track record of over 10 years to show for.
pr asked, Hi Sailesh, could you please suggest some private (company) fixed deposits schemes which are reliable & less risk investment.
Sailesh answers, hi, you can consider investment in FDs from HDFC Ltd. and EXIM Bank of India
Sailesh says, Thank you all for participating in the chat session. If you have any further queries please write them to me at: info@personalfn.com

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