Indian Equity Research and Investment Strategy
How to Get More Returns in Mutual Fund SIP with Swing Strategy ?
Max Life Insurance – Revised Deal, Positive for Max Financial
Will the Digital Neo Banking Platforms Succeed in India ?
Should you own the Life Insurance Business ?
Does HDFC AMC deserve High Valuation ? Review
Valuation of Indian Markets & Relentless FII Selling
Why Indian StockMarket Quoting at High P-E ?
Why Value Investing Does not Work in India ?
Check the status of IPO allotment if you have applied for GMR Infrastructure or for Tech Mahindra on Karvy’s website.
Just FYI, Intime Spectrum is another company where IPO status of some other companies are available. In future depending on who the registrars are you can check out.
World Famous speculator, George Soros is busy mopping up stocks on Dalal Street of companies operating in the Indian Realty and Infrastructure sector through his Quantum Funds.
George Soros through his Quantum fund has invested in the following Indian companies,
Here are some facts about the Indian Real Estate Sector. Note that George has a history of making money within a short time. George Soros is not an investor but a speculator. He doesn’t care if the country’s economy will collapse and is willing to go to any extent to protect his investments.
George should have read my article about RBI’s concern over real estate bubble in India. I have no faith in any of the companies George on BUYINg, so if you like to speculate little bit, please go ahead 🙂
Time to remind all the investors not to get caught with the frenzy of rising stock markets and I really hope they have some eggs in SIP to drink their cup of tea after retirment sip by sip ;-). Discpline is a must.
Read my earlier post on SIP Investments. The markets were at peak in March-06 and hence the returns mentioned in that report were quite exuberent and its not worth expecting so much though if you get it, you can have a blast.
For quarter ending June-30th, the sensex was at 10,300, reasonable level. Here is the performance of my favorite funds, (check out they all now have ValuResearch ratings of 5, except Top-200).
Lets look at the difference in SIP returns(all compounded) since inception when the sensex was at 12,000 and whe it was at 10,000.
HDFC Equity Fund 41.04% 34.15%
HDFC Top-200 35.44 % 31.78%
HDFC LongTerm Advantage 63.45% 52.91%
HDFC Tax Saver 50.07% 44.75%
Equity and Top 200 have history of 10+ years while the other two have 5+ years.
Questions, comments and critics are welcome. Happy investing.
Indian media reports that Warburg Pincus has picked up 9% stake in Amtek Auto. Its not just that. One of Indian Mutual Funds, HDFC has been buying Amtek Auto since April-2006. We are not sure when Warburg Pincus started buying into this stock but we know they own 9% stake in the company. Warburg is the same Venture capital firm which invested $300 million in Bharti-Airtel and made a cool $1.5Billion 🙂
HDFC currently holds around 8-9% stake in Amtek Auto under various funds from Equity to MIP to balanced. With Sensex being at 11,000, I would advise to BUY just 30% of your capacity around Rs290 levels in Amtek Auto and then add on to it.
Disclosure: I am doing the same thing as I am writing here 🙂
Trusted international rating agency, Fitch upgraded India’s rating minutes ago to Investment grade. Citing improvement in public finances and terrific growth in the Indian economy in Q1-2006 are direct results of Indian governments policies.
India’s rating now stands at BBB- with a stable outlook. This should bring back the foreign institutional investors back to dalal street 🙂
It was 24th of July, 1991 when then Finance minister, Dr.Manmohan Singh opened the gates of liberalisation. Financial Express has an excellent coverage here.
