Long Term Investment in Equity Mutual Fund Direct Plans

After completing 3 years, Equity Mutual Fund's direct plans have delivered the expected returns with the extra cumulative growth rate of 0.9%. ICICI Prudential, SBI, HDFC, Birla Sun life and Reliance Asset Management are the top five domestic Equity Mutual Funds responsible for denying the Suzuki's Gujarat plant proposal. 

At the end this week, Domestic Market started with a boost but couldn't maintain its level for long. Bank, Auto and Commodity sectors are facing loss. Expert says, Recovery in Crude oil prices was somehow beneficial for the Indian Equity Market and most of the Midcap and Smallcap shares are rising up. On Friday morning, Rupee opened at 66.79 per Dollar by dropping 8 paise.

Intraday Equity Tips by Experts 

Buy RECLTD above 213.10 target 217.40 stop loss 210.95 

Buy TATASTEEL above 10.40 target 11.40 stop loss 9.80

Read More

Future of Mutual Funds in Auto Sector

Mutual funds are currently investing 29985 crore rupees in Auto sector, which is 5.15% higher than the last month. Although, the Securities and Exchange Board of India is planning to bring in New Norms to restrict the excessive investment by any Mutual fund on one company.
According to experts, we will see the higher benefits of economic recovery in the auto sector in next 1 or 2 years. Stocks of Midcap and Smallcap companies are performing well and local market is expecting a much positive outlook by Midcap companies.

Read More

The 10 shares below Rs 50 will give high return

Kamdhenu Ispat

The share valuation is looking attractive, in third quarter company profit increrased 37.52%. The Research analyst advice to buy the share with target of Rs 50.

Genus Power Infrastructure

Brokerage firms expect high return of 56% from current level, in last 9 month income of company was raised 10% to 625 crore while profit decreased 26%. Government's increased infra expenses and economic improvement will benefited company. Experts recommend buy this share.

Pratibha Industry

This share touch Rs 81 level in 1 year. Company order book is good and its margin is expected to improve. Expert advice >>Buy

Read More