Browsed by
Category: Investing

CAMS Web Site Woes

CAMS Web Site Woes

I tried accessing the CAMS web site (http://www.camsonline.com/) today on my BlackBerry and got a rude surprise. Their web site is not at all mobile friendly! Even Opera Mini failed me today on this web site. Don’t get me wrong – I am a big CAMS fan and regularly use their excellent mailback services to keep track of my offline mutual fund investments. They added Karvey as a data source some time ago and blew me away. I was very…

Read More Read More

ICICI Prudential Mutual Fund – Online Services & Customer Support

ICICI Prudential Mutual Fund – Online Services & Customer Support

Update: This is a personal web site and NOT the web site of ICICI Prudential Mutual Fund. I was pleasantly surprised today with my experience with the ICICI Prudential Mutual Fund web site, the PruTracker. I have multiple portfolios with ICICI as I used different vehicles to purchase their funds over the years. I had lost track of one folio and found it again in a CAMS report. This particular folio was not available in my PruTracker login. Today I…

Read More Read More

Mutual Fund NAVs – Ignore Them!

Mutual Fund NAVs – Ignore Them!

Mutual Fund NAVs are often confused by new as well as old investors. Mutual Fund Agent to Client: “The New Fund Offer (NFO) is priced at Rs. 10/-. It is Cheap! Buy! Buy! Buy!” Mutual Fund Investor: “Is it advisable to buy mutual funds with a high NAV?” “Mutual Fund ABC has a high NAV of around Rs 423. Is it a better option? How much more can this go up?” “What is the maximum value to which a NAV…

Read More Read More

Warren Buffett at the Annual Shareholder’s Meeting – May, 2009

Warren Buffett at the Annual Shareholder’s Meeting – May, 2009

It is said that in economics, there are no free lunches. And where better to apply that aphorism than the recent spending spree of the US government. Warren Buffett too has made numerous grim warnings that efforts such as the Treasury’s US$ 700 bn Troubled Asset Relief Program and the US$ 787 bn fiscal stimulus plan passed this year by Congress (US) will have to be paid for, one way or another. And with political leaders in the US showing…

Read More Read More

What’s Up With Sandip Sabharwal?

What’s Up With Sandip Sabharwal?

Sandip Sabhawarl, a IIT Delhi graduate, won kudos with his management of SBI’s Mutual Funds, particularly the Magnum Contra and similar funds. Then came the Ketan Parekh and Padmini Technologies stock purchase from Triumph International. Sandip left SBI under a cloud and joined JM Financial Asset Management. The Mutual Fund industry and press reacted with caution. The CBI Charge Sheet against Sandip loomed heavy. Yet there was expectation that he would work the same magic for JM that he did…

Read More Read More

SIP-O-Meter

SIP-O-Meter

There are tons or articles, on-line calculators etc for Mutual Fund investment returns. Most of these show you how much to expect after a fixed number of years for a fixed amount invested every month and giving the same fixed rate of return through out the tenure of the calculation. The result of such calculators is of  course a useless number to have. Even if you invest the same amount for the entire duration, there is no way the rate…

Read More Read More

HDFC – Investment Plans with “Assured Gifts”

HDFC – Investment Plans with “Assured Gifts”

The following email was sent to an internal mailing list at work. Hi Everyone, I am posting this on behalf of my friend, “Vikas”. Please do contact him in case you are interested in any of the HDFC Standard Insurance and investment plans. Thanks, XXXX ————————— Hi Everyone, Invest in HDFC Standard Life Insurance and get free ASSURED GIFTwith every investment plan. 1. Invest Upto 20,000 get Kodak KB 10 35 mm Camera worth Rs.500/- FREE. 2. Invest from 20,001…

Read More Read More

Quantum Mutual Fund – 6 More Banks Added to Invest Online

Quantum Mutual Fund – 6 More Banks Added to Invest Online

Quantum Mutual Funds has added 6 more banks to it’s Invest Online module. Quantum is the first Indian Mutual Fund house to offer it’s funds completely online. When it launched it’s funds it refused to go the broker way and refused to pay any commisions. Even before the SEBI rulling that investors transacting directly with the AMC should not be charged any entry load, Quantum has been offering it’s investors the same facility. It has remained small in size because…

Read More Read More

The Financial Pundits

The Financial Pundits

I read the financial press on a regular basis. Mostly on the web but a couple of print magazines as well as the financial newspapers if I find the time to curl up with one. Needless to say I find myself skimming through the magazines because they don’t seem to have anything new to say. Once in a while a new columnist comes up with a new way of looking at things or a brand new idea. But this is…

Read More Read More