Comments on: How to select a mutual fund – Part 2 http://www.subramoney.com/2010/01/how-to-select-a-mutual-fund-part-2/ Personal Finance Sun, 12 Feb 2012 07:29:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Indian Thoughts http://www.subramoney.com/2010/01/how-to-select-a-mutual-fund-part-2/comment-page-1/#comment-2635 Indian Thoughts Mon, 25 Jan 2010 11:17:53 +0000 http://www.subramoney.com/?p=3038#comment-2635 Hi. Nice posts. I have question though. how and from where can i find the asset management cost of a MF(any MF)? Hi.
Nice posts.
I have question though.
how and from where can i find the asset management cost of a MF(any MF)?

]]> By: Young@Market http://www.subramoney.com/2010/01/how-to-select-a-mutual-fund-part-2/comment-page-1/#comment-2625 Young@Market Sun, 24 Jan 2010 18:56:40 +0000 http://www.subramoney.com/?p=3038#comment-2625 Hi Subra, Thank you for two wonderful posts. I am having a feeling like sticking to an index fund and probably HDFC top 200 will be a better option. I have another qn to you, if you feel like it should not be put as comment.. plz reply to the mail ID, I had put in the comments. In many of your posts I have seen you mentioning about a portfolio manager, do you mind disclosing who is your portfolio manager/ which firm ? Thanks in advance. Hi Subra,
Thank you for two wonderful posts. I am having a feeling like sticking to an index fund and probably HDFC top 200 will be a better option. I have another qn to you, if you feel like it should not be put as comment.. plz reply to the mail ID, I had put in the comments. In many of your posts I have seen you mentioning about a portfolio manager, do you mind disclosing who is your portfolio manager/ which firm ? Thanks in advance.

]]> By: subra http://www.subramoney.com/2010/01/how-to-select-a-mutual-fund-part-2/comment-page-1/#comment-2587 subra Wed, 20 Jan 2010 23:32:54 +0000 http://www.subramoney.com/?p=3038#comment-2587 great case of survivor bias. You are picking up the most successful funds (that is why they survived). You should go back to 1989 and see what would have happened if you had invested in all THE SCHEMES present then. MFs are run by smart people - when a scheme does badly, they merge it with some other scheme. Hiding the evidence of poor performance is easy. So a weighted average investment (on the basis of the aum) in all the funds in 1989 till today would have given u a terrible return. MF in india are refusing to cut costs, and have no marketing strategy. So hdfc top 200, hdfc prudence, hdfc equity, fibc, tigf, pru i discovery....continue to be my favorites. great case of survivor bias. You are picking up the most successful funds (that is why they survived). You should go back to 1989 and see what would have happened if you had invested in all THE SCHEMES present then. MFs are run by smart people – when a scheme does badly, they merge it with some other scheme. Hiding the evidence of poor performance is easy. So a weighted average investment (on the basis of the aum) in all the funds in 1989 till today would have given u a terrible return. MF in india are refusing to cut costs, and have no marketing strategy. So hdfc top 200, hdfc prudence, hdfc equity, fibc, tigf, pru i discovery….continue to be my favorites.

]]> By: Aniruddha http://www.subramoney.com/2010/01/how-to-select-a-mutual-fund-part-2/comment-page-1/#comment-2521 Aniruddha Wed, 20 Jan 2010 11:59:07 +0000 http://www.subramoney.com/?p=3038#comment-2521 Subra, if the really poorly performing funds (we know them, hence not necessary to take names) also manage to deliver about 20% XIRR over 10 yrs (SIPs) and above periods (the Nifty has actually delivered 11% over 16 yrs without LOAD), does it really matter which fund you choose for a long-term SIP. I have read your 2-part posts carefully and I have no dis-agreement on any observation, but end of the day, an investor who has understood the long term behavior of markets and continues to invest consistently bereft of emotional highs/lows....he is always likely to emerge a winner irrespective of the fund he chooses. Subra, if the really poorly performing funds (we know them, hence not necessary to take names) also manage to deliver about 20% XIRR over 10 yrs (SIPs) and above periods (the Nifty has actually delivered 11% over 16 yrs without LOAD), does it really matter which fund you choose for a long-term SIP. I have read your 2-part posts carefully and I have no dis-agreement on any observation, but end of the day, an investor who has understood the long term behavior of markets and continues to invest consistently bereft of emotional highs/lows….he is always likely to emerge a winner irrespective of the fund he chooses.

]]> By: Anand http://www.subramoney.com/2010/01/how-to-select-a-mutual-fund-part-2/comment-page-1/#comment-2519 Anand Wed, 20 Jan 2010 08:37:57 +0000 http://www.subramoney.com/?p=3038#comment-2519 Hi Subra I dont know why, but it seems your point # 8 and 13 contradict each other. What do you think about it? regds Anand Hi Subra
I dont know why, but it seems your point # 8 and 13 contradict each other.
What do you think about it?
regds
Anand

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