Back after a long pause

Dear All,

After a long hiatus I am back on my blog. I promise you this time it will be intense & insightful. Profession sucks a lot out of you & as it has been clearly reflected people might have to shun their hobbies to meet challenging demands. Probably some falter on time management where in some take profession as an excuse. However, I take an oath that I will keep you abreast with activities of my nerve cells.

Stay glued.

Regards,
Maniac

Mutual funds - a brief info

Equity market is piping hot these days as Indian economy is booming. India is growing on back of English speaking educated working Indian middle class.Equity market is a place where shares of a public listed company are traded. Mutual fund invest in assets like equity,debt funds etc. Depending on quantum of their exposure in equity market they are classified as Debt or growth fund. Mutual funds are safe instruments for naive investors who don't have full time to devote to market & yet possess desire of significant returns.Mutual funds scheme start with a NFO or new fund offer. some of schemes are open ended & some are close ended. There's entry load charge of 2.25 % on mutual fund.

Two very good websites for mutual fund research online are as follows:-

http://www.mutualfundsindia.com/
http://www.valueresearchonline.com/

list of few good mutual funds:-
Principal personal tax saver
SBI magnum taxsaver
HDFC tax saver

Reliance growth
Reliance vision
Reliance power fund
Sundram bnp CAPEX fund
SBI magnum contra-open
JM contra
JM emerging leader
ICICI infrastructure
DSMPL tiger inst
kotak 30
kotak opportunities