Sundaram BNP Paribas has the Worst IT Systems and Customer Care

I normally never write against somebody unless they are really terrible. Today I would like to prove how bad is Sundaram BNP Paribas Mutual Fund operating in India. Sundaram BNP Paribas has the worst IT Systems and Customer Care. In this age of Web services, where even Karnataka Government is delivering  Online  Services towards Citizens, lethargic IT Managers at Sundaram BNP Parbias Mutual Fund operate with the Cover Your Ass attitude without any accountability or responsibility even when a customer is seeking for help badly.

If you call their help line 1-800-425-7237, it goes to a Voice Mail. Makes me wonder is their only one person answering the Read more

Gold Can Threaten SENSEX But Not Our Recommendations of Equity Basket

For a minute even I was surprised as I saw the report of Gold beating SENSEX as I had a quick glance on the table of Jr. Analyst. However, it is well known fact that our Recommendation of Equity Basket has outperformed the Gold in 15 year period. We have to prove the same else get our office decorated with Eggs and Rotten Vegetables

You all know that we have recommended investments in HDFC Top 200 Fund, HDFC Equity Fund, HDFC Tax Saver Fund, Reliance Growth Fund etc. Let us see their Read more

BUY Indian Equity – Sunil Singhania – Reliance Mutual Fund

A Day after HDFC Fund Manager re-iterated the fundamentals of Indian Equities, Sr. Fund Manager from Reliance Mutual Fund, Sunil Singhania has also issued his assessment of the situation.

Mr. Singhania wrote in a communication,

We acknowledge that the headwinds to Indian equities have been significant over the last few months Read more

Darkest Before Dawn – BUY India – Prashant Jain

Sr. Fund Manager and the Largest Wealth Creator for Individual Investors in India,  CIO of HDFC Mutual Funds Mr. Prashant Jain in a communication released just a while ago to Investors has asked to BUY the Indian Growth Story. Recall, on Oct-13, 2008, minutes after a conference call with Mr. Jain, we pushed the story – Best Time to Invest in Indian Equity and since then you have seen the returns of over 100% in 3 years and all HDFC Funds have beat this benchmark. [ Tax Free Returns ]

Excerpts from Today’s Communication to Investors by Mr. Prashant Jain, Read more

Return of Entry Load in Mutual Funds – Courtesy SEBI’s Sinha

SEBI’s current Chairman, Sinha is an ex-MutualFund Industry Captain [ Ex-Chairman of UTI AMC]. As expected, he has started the regime of favoring brokers again, though at modest levels. He ordered,

In order to help Mutual Funds penetrate into retail segment in smaller towns, the distributor would Read more

Reliance Growth Fund Underperforms Market

The Markets have firmly closed above the 200 DMA and we wanted to update you on the performance of the Funds that we have recommended here. Reliance Growth fund controlled by Reliance ADAG has underperformed by a whopping 9% and the reasons could be that the funds exposure to its own group company stocks which are on the LOSING edge.

Data suggests that on 19/11/2010, SENSEX closed at 19585 while Reliance Growth Fund NAV was 506.41. SENSEX made a low of 17463 on 10/2/2011 and the Fund NAV dropped to 421.63 – a drop of 16.74% compared to the drop in SENSEX by Read more

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