Hi somashekhara, sure

Hi $imran, sure

Hi garry, chartnexus.. you can download it for free from chartnexus.com

Hi garry, ok.. not using any software for intraday.

Hi garry, oh ok..thanks..shall try it

Where were u today cb? Oh god today i sold hdil [email protected] , god know market drastically moved up and i saw hdil was at 293 again i added 300 shares. Again it moved downwards than i added [email protected], as market were rangebound i thought it will go down, but it dint and i have to book loss at 298.80. I was very sure on this one coz it was ur call to sell at 290 and secondly nifty was breaking its 4680 level. In short am tensed. What to do.

My name is NAREN. I am the branch manager in BLUE CHIP CORPORATE INVESTMENT PVT LTD (Chennai Mugappair Branch). I would like to make a valuable point here. which is that, I am giving advice for my investors to take ULIPs, but I am concentrating on the NIL allocation charges as well as annual charges are lower then the MFs, so that for my customers getting benefits. You may as how? For example I am giving my investment as well as ULIPs investment returns. I had invested Rs.15000 in the SBI TAX SAVER FUND on the date of 01-Mar-2007, on that day the NAV was Rs.55.3070 (with entry load) and I got 271.213 units. Then they had given 110% of dividend on 02-Mar-2007 and it worth is Rs.2983.343. Then once again they had given 110% of dividend on 15-Feb-2008 and it worth is the same Rs.2983.343. Then the last dividend was 29-May-2009 at the rate of 28%, its worth is Rs759.396. So the total dividend which I had received for them was Rs.6726.08. But now the present value is RS.10056.58 on the date 03-Sep-2009 with the NAV Rs.37.08. With the total value of dividend as well as the present value of return, both added I got only Rs.16782.66, which is only an appreciation of Rs.1782.66 and with the age of 917 days (2 years 6months and 3days) as well as the simple annualized return with 4.73% which is not I want. I would like to get at least minimum 15% to 20%. Even if I invested in ULIPs on that day means also I may get more than what I want by doing switches when ever I got the high percent in the market. For example on 20-Mar-2007 ICICI PRU LIFE STAGE PENSION PLAN was lunched, with the FLEXI GROWTH NAV Rs.10. This plan reached his high NAV on 04-Jan-2008 Rs.16.39. If I mad the same investment amount as Rs.15000 in this ICICI LIFE STAGE PENSION PLAN means, there is NIL allocation charges so they will convert the full amount as units 1500. Then they will deduct monthly charges as 0.5 %( so total they will deduct as 6% annum, but this 6% won’t deduct entirely, only they deduct 0.5% monthly for the investment amount not for the appreciation amount). This 0.5% will come as administration charges. And for the investment amount Rs.15000, it will come in Rs.75 with service tax of 10% which is Rs.7.50, so total deduction is Rs.82.50 per month, this amount will deduct by the cancelation of units, so that the total 1500 units reduces to 1491.75. (Because of that Rs.82.50 will divide by Rs.10 NAV so that 8.25 units will be deducted). From there on the NAV was moved up because of the market was moved upwards in that time of period. So the every month administration charges deduction will come and the cancelation of units will not that much high because of the NAV moment in the high. And the cancelation of units for the April to Dec will be as given respectively April cancelation of units 7.790, May 7.479, Jun 7.320, July 6.784, Aug 7.379, Sep 6.430, Oct 6.106, Nov 5.430, Dec 5.452, so the total cancelation of units will come 60.17units. After deducting that 60.17 units the total FLEXI GROWTH units balance is 1431.58 (1491.75 - 60.17 = 1431.58). After the completion of the 9th month the total units will be 1431.58, and on 4-Jan-2008 the NAV was Rs.16.39. So the value on that day (04-Jan-2008) is Rs.23463.59, and I am switching the fund from there to PROTECTOR FUND which is safer fund option, on that day the PROTECTOR FUND NAV was Rs.14.5578. So the FLEXI GROWTH amount Rs.23463.59 was converting as units of PROTECTOR FUND which is 1611.7538 units (23463.59 / 14.5578 = 1611.7538). From here on (04-Jan-2009) the market had fall down, but the PROTECTOR fund had started to rise, because of the fund they are investing in to AAA securities and bonds. Then the market had reached down the bottom on 05-Mar-2009 at SENSEX 8000 points level. That day the PROTECTOR NAV was Rs.16.0648 so the fund value rose to Rs.25892.5024 ( units of the PROTECTOR FUND 1611.7538 multiply by Rs.16.0648 = Rs.25892.5024), and on the same day the FLEXI GROWTH NAV was Rs.6.93, So once again I am switching the fund from PROTECTOR FUND to FLEXI GROWTH FUND. So the PROTECTOR FUND value Rs.25892.5024 is going to by the FLEXI GROWTH NAV Rs.6.93 (25892.5024 / 6.93 = Units 3736.292). Then now the FLEXI GROWTH units are 3736.292. And the present NAV (04-Sep-2009) of the FLEXI GROWTH is Rs.11.99, and the present value is Rs.44798.139. (FLEXI GROWTH units 3736.292 multiply by FLEXI GROWTH NAV Rs.11.99). And if the charges also very high means also like they may charging in between also it won’t go more then Rs.10000. Even if they charging 10000 also I won’t loose that much in that fund. So I may have the chances to switch what ever I got the returns in this ICICI PRU LIFE STAGE plan, even If I didn’t know which the peak period or down period also I may have the chance to do in Rs.14 or in Rs.15 in the high and Rs.8 to Rs.9 in the low. But in SBI TAX SAVE FUND, I didn’t have any switches to operate in between 3 years. So that in the SBI or any other MFs TAX SAVING in between 2 years 11 months if the fund moves up like from Rs.55 to Rs.155 also I can’t able to save the appreciation 200% or even 300% what ever I got, only I can able to see in the paper and I can’t able to taste it. I can’t even operate it as well to save the appreciation. This is terrible. But in ULIPs I can operate my fund when ever I want and when ever I got the high return I can able to save it in to the DEBT market and be happy with what I got. And most importantly the lock in will be from the first year to third year only even the investment for the 2nd and 3rd year payment also I can take it out if I want it after the end of the 3 year with some exit load. But in MFs I can’t able to take it out for the investment which I am purchasing their and after, those purchase are locked from there on, not from the first investment. So I can only take the first payment after the end of the 3rd year, can’t able to take the other investment in the same fund. What ever, EVERY ACTION THAT HAS AN EQUAL OPPOSITE REACTION – by NEWTON’S 3rd LAW.
Who ever understands my theory of advantage take it or use your brain to understand and take the best option.
Thank you
Regards
NAREN (BLUE CHIP)

Hi Naren (BLUE CHIP), that was terrific! But only catch is the calculation and shifting of funds should be done on paper after we have seen the price fluctuations and already know the NAV of different funds, and also know the NAV of a particular fund is going to fall and another going to rise. If we know so much, why not make millions from share market?