I ask it, for, I find its NAV is reducing slowly but steadily since 07. Unfortunately it has a locking time of year of THREE l o n g years
Answers: Perhaps you invested in HDFC Taxsaver. Check out the fund snapshot at http://www.valueresearchonline.com/funds...
You own some reason to be worried. Read the fund analysis here at
http://www.valueresearchonline.com/funds...
Its be one of the best funds to invest in for a intensely long time, save the recent dip within fortunes over the last year. So you cant be blamed, really. Perhaps the fund examiner change couldnt enjoy come at a worse time! You need to be on the alert for sure, but there's not much that you can do before the 3 year lock-in expires. However, I would say-so staying invested over 3 years will surely see positive returns -be sure of that , only maybe it may take somewhat longer for the fund to catch up beside the best in the lot close to SBI Magnum Taxsaver. The positive thing to transcribe is that the long termn track record of HDFC TAxsaver is the best -no fund comes close to that -see returns since launch!
but, then what is your query now. what have been done cant be undo.please try to understand that your son have not done anything wrong, HDFC elss IS one of the best performing ELSS mutual fund. The value is going down every morning because the stock market surrounded by India is going down every day. it is bound to be in motion still lower for a month or so, and then may start recovering. once the stock souk normalises the nav of MFs will also rise. I also have money contained by HDFC elss, six months ago i was sitting on a 54 % increase ( within one year ) and now it is down by nearly 5 %, i.e. app 60 percent down from the high I own seen. dont blame your son, but blame the stock open market no you did a real clever thing, its only just a matter of time, and its a right thing that it have a locking of 3 years, do yourself a favor, stop checking it everyday and torturing yourself, after the end of 3 years, you will be at ease man running all the approach to bank
p.s- if you enjoy more money its the best time to invest, invest in same elss or find some other.
Probably. Investing contained by stocks like this is VERY risky. Did you discuss his risk tolerance, financial goal and asset allocation with him?
Regarding HDFC, the 10 largest customers hold loans totaling 80% of the bank's equity. Did you consider that any adverse circumstances that cause even one of these customers to founder will severely affect the bank's financial health?
Most of the equity base funds are returning a negative return presently because of the prevailing market conditions.
With ELSS you cannot exit as it have got a lockin time. Do not worry. This is a short permanent status happening due to open market faring scantily. Over the three year period you should take returns of minimum 15% p.a.
Your son is invested for 3 years & I am confident that he will get 15-20% annual return contained by this period.
Do not verbs because of these ups & downs.
Em caso de urgencia ligue 190 ou 193
Os amigos certos nas horas incertas!
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Historical notes of ending 3 years of stocks programmed on s&p 500?
Please form comments on my portfolio?
Economy Poll?
Answers: Perhaps you invested in HDFC Taxsaver. Check out the fund snapshot at http://www.valueresearchonline.com/funds...
You own some reason to be worried. Read the fund analysis here at
http://www.valueresearchonline.com/funds...
Its be one of the best funds to invest in for a intensely long time, save the recent dip within fortunes over the last year. So you cant be blamed, really. Perhaps the fund examiner change couldnt enjoy come at a worse time! You need to be on the alert for sure, but there's not much that you can do before the 3 year lock-in expires. However, I would say-so staying invested over 3 years will surely see positive returns -be sure of that , only maybe it may take somewhat longer for the fund to catch up beside the best in the lot close to SBI Magnum Taxsaver. The positive thing to transcribe is that the long termn track record of HDFC TAxsaver is the best -no fund comes close to that -see returns since launch!
but, then what is your query now. what have been done cant be undo.please try to understand that your son have not done anything wrong, HDFC elss IS one of the best performing ELSS mutual fund. The value is going down every morning because the stock market surrounded by India is going down every day. it is bound to be in motion still lower for a month or so, and then may start recovering. once the stock souk normalises the nav of MFs will also rise. I also have money contained by HDFC elss, six months ago i was sitting on a 54 % increase ( within one year ) and now it is down by nearly 5 %, i.e. app 60 percent down from the high I own seen. dont blame your son, but blame the stock open market no you did a real clever thing, its only just a matter of time, and its a right thing that it have a locking of 3 years, do yourself a favor, stop checking it everyday and torturing yourself, after the end of 3 years, you will be at ease man running all the approach to bank
p.s- if you enjoy more money its the best time to invest, invest in same elss or find some other.
Whats the top 5 best stocks to buy?
Probably. Investing contained by stocks like this is VERY risky. Did you discuss his risk tolerance, financial goal and asset allocation with him?
Regarding HDFC, the 10 largest customers hold loans totaling 80% of the bank's equity. Did you consider that any adverse circumstances that cause even one of these customers to founder will severely affect the bank's financial health?
Most of the equity base funds are returning a negative return presently because of the prevailing market conditions.
With ELSS you cannot exit as it have got a lockin time. Do not worry. This is a short permanent status happening due to open market faring scantily. Over the three year period you should take returns of minimum 15% p.a.
What is the best stock broker?
Your son is invested for 3 years & I am confident that he will get 15-20% annual return contained by this period.
Do not verbs because of these ups & downs.
How to start within the Stock Market?
Em caso de urgencia ligue 190 ou 193
Os amigos certos nas horas incertas!
Resolved Questions: