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Rediff.com  » Business » Best investment plans for 2009!

Best investment plans for 2009!

Last updated on: May 07, 2009 08:50 IST
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Are you always at a loss while planning your finances?

Are you aware of the investment options available in the market? How best can you plan your finances?

What are the crieria for evaluating an investment option? Are mutual funds profitable investment options? When and how should one buy mutual funds? 

In an hour-long chat on rediff.com on Wednesday, financial planning expert Sailesh Multani offered some valuable investment tips. Here is the transcript:

Sailesh says, hi, goodafternoon everyone, lets start the chat session


janidost asked, sir i would like to invest rs 1 lakh for short trem say abt 1 yr kindly advise
Sailesh answers,  at 2009-05-06 12:44:45hi, in the current scenario I would recommend that you look at short term income funds. These are ideal for investment horizon of 3-12 months. Alternatively, you can consider short term FDs -3months, 6months, 1 year
anand asked, Sir, I want to do a risk-free investment of 1500 monthly for 34months with tax benefit and saving returns… what I will do? is there anything available in Govt/Bank based Chitties (BC), Post Offices, etc rather than Mutual Fund & longterm LIC? Also NSC (5-6 yrs) & PPF (15 yrs) has lesser period of investments? Please answer a suitable idea apt to my criteria.
Sailesh answers, hi, there are no tax savings instruments with time horizon of less than 5 years. Equity Linked Savings Schemes (ELSS) are the only exception with 3 yr lock in but then these invest in equity market and carry high risk
biji asked, i have two daughter's. i am earning 6000 per month. what is the best way to put some money for these daughters security? thanks
Sailesh answers, hi, I would recommend that you consider investing in a mix of equity and debt. Debt offers you security but then the returns are capped whereas equities have the potential to give higher return though they carry maximum risk. The percentage of equity and debt in your portfolio will be a function of your investment horizon and risk appetite
kumanan asked, Hello sir,Currently iam investing around 70K in NSC for my TAX purpose..Please suggest me some other alternatives where i can good returns and low risk
Sailesh answers, hi, you can consider investing in PPF and 5 yr fixed deposits with banks. The return from PPF is 8% p.a.
manish asked, DEAR SIR, IS THIS RIGHT TIME FOR INVEST IN EQUITY MARKET? OR WE SELECT ONLY BANK FD, PPF, ETC..?
Sailesh answers, hi, short term volatility should not be much of a concern for inveting in equities . If you are willing to invest for atleast 5 years then equities are the right choice.Havings said that, I would also suggest that you have a mix of debt (PPF/ FDs) and equity in your portfolio
BJ asked, Hey Sailesh I'm 31 most my investment are for tax savings under 80c, my earnings p.a is 800k I want to know different option of investment[long term]
Sailesh answers, hi, if you are planning for a long term objective like retirement which is say 15-20 years away, then build a portfolio which comprises mainly of equity shares /equity funds. Do not forget to investing debt. Debt adds stability to your portfolio
nilesh asked, Which is a ideal mutual fund portfolio?
Sailesh answers, hi, an ideal mutual fund portfolio must have 5-6 schemes in each category especially in equity. The idea is to diversify across the mutual fund houses. Also ensure that no particular scheme has a very weightage. Ideally you should not have more than 25% allocation to any particular scheme. Select schemes with long term track record
mbprasad asked, Can you please suggest a proportion of equity (risky) and debt ( risk free) investments at the age of 40 years.
Sailesh answers, hi, the thumb rule for deciding the asset allocation is 100-your age = investment in equity. The idea is to invest in equity when you are young and gradually shift to debt as you age. Please remember that this is only the thumb rule and can should be used as a starting point to decide your asset allocation
keeran asked, my mother retired from government service. she got 5 lak in hand . how to invest this?
Sailesh answers, hi, i would request you to read the article on our website which discusses the investment option for retirees. Here is the link to the article http://www.personalfn.com/detail.asp?date=8/6/2008&story=3
raje asked, Hi, What are the options to invest in Debt? Thanks
Sailesh answers, hi, you can consider investing in liquid funds, income funds, bank FDs and Company FDs. The choice of instrument will depend upon your investment horizon and the risk you are willing to take. As far as company FDs are concerned please research the company well before investing the money with them.
kris asked, sir, i have started investing 360000 in reliance vision fund. how much compound intrest i will get if i invest for 25 years.how much approximately i will accumalate after 25 years.
Sailesh answers, hi, Reliance Vision Fund is a large cap diversifed equity fund. To calculate the approximate retunrs after 25 years, you can consider returns in the range of 12-15% p.a If you consider 15% return for 25 years , you should expect the value to be approxRs. 1.18 crs
taurus asked, Hello Sailesh... During this recession what do recommend as an investment.
Sailesh answers, hi, investment is a function of your investment goals,investment horizon and risk appetite. Recession should not drive the decision to invest.
prateek asked, All my last year sips are ending by this month end. Last year my sip was in the following Funds: 1. DSPBR India Tiger Fund. 2. KOtak Opportunities Fund 3. ICICI Pru Infrastructure 4. SBI Magnum Contra 5. Reliance Refular Savings Fund. 6. Reliance Growth Fund. Should i continue my sip this year in all the above mentioned funds or should i select a few or consider any new funds?
Sailesh answers, hi, I would recommend that you start your SIPs in a well managed diversified equity funds with long term track record (>5 years). Investment in sectoral /thematic funds should be capped at 5% of your overall portfolio
Vimal asked, Hi ....just wanted to ask a very simple question...i have opened a demat account recently ...is this the right time to start investing in shares??...i will be trading for the first time...
Sailesh answers, hi, if you are willing to take high risk and invest for at least 5 years then equities are appropriate for you. Since you are beginning to invest in equities, I would recommend that you consider buiyng shares of bluechip companies. Please research the company well before buying the stock
KAB asked, Hi Sailesh, I want to invest 25000 per month. I don't want to invest in property. I want to diversify my investment at the same time dont want to take much risk. How should I invest
Sailesh answers, hi, since you want to diversify and balance your portfolio, consider an asset allocation of 60% equity and 30% in debt and balance in gold.
nnn asked, sir, i am 1st time investor. i would like to invest Rs.2000/- p.m. what are the best options for me? is there any good mutual fund for me.
Sailesh answers, hi, assuming you are considering investing in equity funds, you should choose well managed diversified equity funds. Preferably a mutual fund which invests predominantly in large size companies should be considered. Also select funds with long term track record.
money asked, Dear Salish, You are answering lot of other questions. then what is the problem with my question??????? can you please please please answer this? Hi, I am an IT professional and want to invest 10,000 per month. But I am unable to decide how to allocate the funds into different MFs or so. I can take risks as long as the returns are good. can you please advise?
Sailesh answers, hi, assuming that your investment horizon is 5 years and more then consider equity funds. Select funds with track record of atl east 5 years, ensure that the funds are well diverisified. Also, exposure to any fund should not exceed more than 25% to ensure proper diversification.
nites asked, how can i invest in gold online and what is demat gold plz explain from where i invest in gold
Sailesh answers, hi, you can invest in gold through Gold Exchange Traded Funds (ETFs). ETFs are mutual fund schemes which can be bought or sold on the stock exchange. The units of Gold ETFs are held in the demat account.
leslie asked,  Hello Sir, I had invested Rs. 2,00,000 in JM Emerging leaders Fund when the NAV was 17. Now the NAV has come down very heavily around Rs. 4 Should i withdraw & invest in new fund or should i hold on to it ? Bhavin
Sailesh answers, hi, I would recommend that you exit JM Emerging Leaders Fund. Instead consider investing in a large cap well diversified fund with a track record to show for. You can look at HDFC Top 200 / DSP BR Top 100 equity fund
paani asked,  I want to invest 6K in Mutual fund through SIP, what are the best funds?
Sailesh answers, hi, there is no such thing as a best mutual fund. You should determine which fund is best for you i.e. which fund suits your risk profile and can help you achieve your investment goals
sekhar asked, Dear Sailesh, I am a retired person and invested some money in MIS which has now matured just a few days back. Since I needed the funds at a short notice (may be one year) due to family commitments, could you kindly suggest which is the best option for me to invest. Tks Sekhar
Sailesh answers, hi, you can consider investing in short term income funds. These are ideal from liquidity and return point of view. Alternatively, you can consider 3/6 months FDs and roll it over
Sailesh says, Thank you all for participating in the chat session. If you have any further queries, please feel free to write to me at info@personalfn.com

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