What is Prashant Jain & Other HDFC Fund Manager’s Pay / Remuneration ?

May 3, 2016

HDFC Fund Managers RemunerationIn Jan-2016, we decided to check on the remuneration the HDFC Mutual Fund Managers draw. However, our research met dead end due to non disclosure by the Asset Management Company. However, we took a wild guess on what could top Fund Manager Prashant Jain’s Pay. And we were Right in guessing the numbers šŸ™‚

After heated discussion with SEBI, HDFC Mutual Fund and all other AMCs were forced to Disclose the Fund Manager’s Pay / Remuneration. Here is what HDFC AMC disclosed for FY 2015-16. All Figures in INR Lakhs for FY 2015-16

Milind Barve – 625.09 – He is the Managing Director of Read more

Retail Indian Investors Back to Share Market via Mutual Funds

July 14, 2015

Indian Mutual FundsThe Retail Indian Investors is back into the Share Market after a gap of 6 years after their tryst with Real estate & Gold appeared to have given lesser returns than the Equities.

Increased participation of retail investors through Mutual Funds [MF] rather than direct equity purchases is an encouraging development as it is the Fund Managers job to manage your Hard Earned money at a cost of say around 2% which is worth it. Didn’t we Read more

DSB 10 Year MoM Rolling IRR for HDFC Mutual Funds

June 10, 2014

Breaking News - ExclusiveThis Article is a Must Read for everybody as we introduce a new benchmark of calculating 10 Year SIP Returns –

DalalStreet.Biz [DSB] 10 Year Rolling MoM Internal Rate of Return for Mutual Funds in India

We started off with 5 of the Top Performing Funds which we recommended 11 years ago.

Since we posted just on twitter a year ago about our new methodology of researching mutual funds, I’m sure most of you must have Read more

Madhusudan Kela – Reliance Mutual Fund, CIO’s message

November 15, 2012

We present to you the view of Madhusudhan Kela, Sr. Fund Manager and Chief Investment / strategist Officer with Reliance Capital Asset Management company on the occasion of Diwali.

Once again, as the biggest and the brightest Hindu festival, Diwali, is upon us, it is indeed a time for introspection, celebration of life and its gifts. [Skippng some Paragraphs Related to Religious References..]

Just think, last Dec, investors had started Read more

HDFC Top 200, Equity Funds – Review + What Next ?

November 1, 2012

If you’ve been a reader of our Site, then you all know we first recommended investment in HDFC Mutual Funds way back in 2003 and since then have been advising to stick to SIPs with Top-Ups during Market Crashes. Let us analyze what our SIPs have actually given us in Returns with the market going nowhere in the last 30 Months. [Sensex 17,527 March-2010]

HDFC Top 200 Fund Review
This the Largest Equity Fund in India which has grown organically over 15 years and has Assets Under Management around Rs 11,000 Cr. In the last 10 years / 5 years period, the fund has consistently beaten benchmarks. However, returns in a longer duration i.e since inception has tapered off from 28.33% in March-2010 to just 23.49% in Sept-2012 as shown below. Read more

Sundaram BNP Paribas has the Worst IT Systems and Customer Care

April 3, 2012

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 deliveringĀ  OnlineĀ  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

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