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Jun 06

Investment Opportunities

In my long years of research journalism, I have rarely recommended new funds to investors.

But the market underwent a huge swing in the last quarter of 2013 and several stocks became compelling buy. At that time, ICICI Prudential launched a Value Fund.

I spoke with the CIO of ICICI Pru, Mr. Sankar Naren, and urged you to invest in the fund.

A sizable number of you did. After just seven months – yes, seven months—those of you who followed my advice are sitting on a profit of 45 per cent. Although the fund has lock-in period of three years, with equity markets in a vibrant mood, it will give those who invested a healthy return when the lock-in is over.

Now that we have a stable government in place at the Centre, several indicators point to a turnaround. After a long gap, the dice has been rolled for a bullish phase of the market (see table for previous data).

 

 

Index Value

Sensex

BSE Midcap

BSE Smallcap

 

01-Apr-03

3081

899

835

11-May-06

12435

6004

7729

 

Absolute

304%

568%

826%

Bull Phase

14-Jun-06

8929

3721

4503

Absolute

-28%

-38%

-42%

Bear Phase

07-Jan-08

20813

10102

13975

 

Absolute

133%

171%

210%

Bull Phase

09-Mar-09

8160

2553

2867

Absolute

-61%

-75%

-79%

Bear Phase

05-Nov-10

21005

8679

11044

 

Absolute

157%

240%

285%

Bull Phase

20-Dec-11

15175

5076

5466

Absolute

-28%

-42%

-51%

Bear Phase

06-Jun-14

25191

9073

9744

???

Absolute

59%

78%

78%

 

 

There are some funds, including a few new funds, in which you should invest now, with a 3-5-year time frame. Write to me at the email given at the bottom of the message and I will tell you their names.

 

 

Sector performance

 

For those missed my mail in November 2013, here is the link:

 

http://www.myassetsconsolidation.com/investment-advisory/invest-now-for-a-3-5-year-goal/

 

 

 

P.S. : Those  of you who heeded my advice in an email I sent just 10 days ago on bond funds have already started to gain from the recent drop in the yield.

 

 

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