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Category: Mutual Funds

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…

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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…

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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…

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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…

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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…

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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…

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HDFC Mutual Fund – Online Investments Supports ICICI Bank

HDFC Mutual Fund – Online Investments Supports ICICI Bank

HDFC Mutual Fund’s online transaction platform now supports ICICI Bank for payments. Screen shot of HDFC Mutual Fund’s online purchase page (Click for full size image) With this addition the list of banks goes to: ICICI Bank State Bank of India HDFC Bank Citi Bank Axis Bank (Formerly UTI Bank) IDBI Bank Yes Bank Kotak Bank This is a fairly comprehensive list and represents a good cross-section of the retail banks in India. Till recently I was using Axis Bank…

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Reliance Mutual Fund Web Site Down

Reliance Mutual Fund Web Site Down

The Reliance Mutual Fund web site is down. The last time I checked, on June 5, 2008, I could not get in and today again I received gateway timeout (server unreachable). On further investigation I found that there are two domains for Reliance Mutual Funds: www.reliancemf.com www.reliancemutual.com When I discovered the reliancemf.com web site address I opened it in my regular browser, FireFox and to my surprise it opened up without any problems. I immediately tried the other site (reliancemutual.com)…

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Sundaram BNP Paribas Mutual Fund – Online Transactions Update

Sundaram BNP Paribas Mutual Fund – Online Transactions Update

I had written on Feb 26, 2008 that Sundaram BNP Paribas Mutual Fund has posted a page on online transactions on their web site. I check again today to see if their promised online transactions facility is available yet but unfortunately it still isn’t. They have not updated the page yet. Sundaram web site screen shot (Click for full size image) Get a move on Sundaram! As per the SEBI rules investors investing directly with the AMC can avail the…

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DSP Merrill Lynch Mutual Funds’s Envelopes

DSP Merrill Lynch Mutual Funds’s Envelopes

I recently started a SIP in a DSL Merrill Lynch equity fund. This was my first investment with DSPML. I really like the envelopes they use for their snail mail post. Most such envelopes carry advertisements but somehow I like this one best. Judge for yourself: (Click for full size image)