Sunday, January 17, 2016

Time to Start SIP in Religare Invesco Pan European Equity Fund @ 8.96

Respected Readers,

I am happy to announce that market again prove my estimate about NFO.
This time NAV of Religare Invesco Pan European Equity Fund fall below 9 as I estimate earlier.  
When NFO of Religare Invesco Pan European Equity Fund come on January 2014 then I publish an article on this blog, where I told you that "I did not advice you to invest directly in NFO ( New fund offer) because as my past experience say mutual fund NAV down after new NFO in 90-98% NFO So we will start a SIP in this fund if fund NAV is down below 9 after his listing."
and after 2 year of this NFO my estimate is proved and now Religare Invesco Pan European Equity Fund NAV is down at 8.96.
Must read this earlier article here:-

So now we start a INR 1000 per month SIP in this European mutual fund which will diversified our investment in European markets.
I think you already read my other diversified options here:-

Enjoy your SIP at a lower price where NFO investors face  10%  fall on his investment we have a chance to enter in this fund at 10% discount.
But still I advice again that make only SIP instead of lumsum investment.
Mahesh Kaushik
10. Discloser:- Author is not a registered mutual fund adviser but I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 I am personally hold units  of reliance japan fund and  Mirae Asset China Advantage Fund and continue  SIP in these funds so my personal interest is included in both of fund but not hold  Religare Invesco Pan European Equity Fund 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company (  Religare Invesco Pan European Equity Fund ,reliance japan fund and Mirae Asset China Advantage Fund  ). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not not received any type of compensation from the subject company(  Religare Invesco Pan European Equity Fund ,reliance japan fund and Mirae Asset China Advantage Fund ) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company( Religare Invesco Pan European Equity Fund ,reliance japan fund and Mirae Asset China Advantage Fund ). 6. I have been not engaged in market making activity for the subject company( Religare Invesco Pan European Equity Fund, reliance japan fund and Mirae Asset China Advantage Fund  )


Selvam said...

Hi mahesh,
I received your book last week and started reading it. I am holding stock in almost 30 companies and 10 mutual fund which includes equity, debt and balanced fund all are sip. I tried to buy the European fund not able to find with my AMC. I can only directly invest in religare?.

Mahesh Chander Kaushik said...

Yes, Selvam please visit religare site of contact their customer care or contact customer care of your AMC

Anonymous said...

They say minimum investment is Rs 5000. So how to invest Rs 1000p/m sir?

Gopi said...

Dear Mahesh,

Initially we used to have only Dividend and Growth options in MF.

Now I see Direct Plan in both Dividend and Growth. What is the difference between Direct Plan Vs Normal one. Also which one to choose Direct Plan Dividend or Normal Dividend.

Unknown said...

Hi i can see 2 schemes one is dividend and other is growth. Which one u suggest

Mahesh Chander Kaushik said...

1.If you make lumsum investment then initial investment is INR 5000 otherwise in SIP minimum investment is INR 1000/- so I recommended a SIP here.
2. Gopi ji, when you buy directly from fund house then you can choose direct plan but direct plan is only for huge investors, retail investor may buy normal plan.
3.Rajkumar ji, I recommended dividend option and dividend reinvestment in this option. why? read this for details:-
Why Choose Dividend reinvestment over growth option

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