General Trading Chat

[travi]

Before demonetisation, total money invested in mutual funds was Rs 14 Lakh crores...after demonetisation it has now become 19 Lakh crores.Maharashtra leads in this investment with total of 7.23 Lakhs crores.....so MF investment has gone up by 35.7 % after demonetisation

No wonder rally is fuelled by local money flow.

Smart_trade

Very true, a ton of underlying reasons.

On the equity side, while the FII's ran for cover and then returned in even greater panic, that part of their money is stacked higher then when they left.

For retail, equity already attractive and DeMo excess liquidity has really messed up with FD rates.
They were/are miserable after that, and Debt funds is the ideal place to offset a small amount.

Conventionally, all average households have their bulk in FD's which I'd guess may have liquidated only like 2-4%.

I wonder if even 10% of all FD's got deployed on the lower risk MF's we'd see the respective counters double

 

[timepass]

I wonder if even 10% of all FD's got deployed on the lower risk MF's we'd see the respective counters double

Yeah, and recently an officer of Central Bank told me that if all the NPAs were cleared, they will be able to give 15% interest on the deposits.

I think that's why the banks are not clearing the NPAs, so that they can support the MFs

 

[varunkochhar]

More on GMRinfra fundamentals. It has reduced its debt by more than 50% in the last quarter from Rs.38000 Cr. to Rs.19000Cr. and it is up close to 8% today as well. The promoter holding is at a healthy 65%.

 

[princy01]

Before demonetisation, total money invested in mutual funds was Rs 14 Lakh crores...after demonetisation it has now become 19 Lakh crores.Maharashtra leads in this investment with total of 7.23 Lakhs crores.....so MF investment has gone up by 35.7 % after demonetisation

No wonder rally is fuelled by local money flow.

Smart_trade

A friend wants to know 50 lacs lump sum investment avenues right now, he doesn't have much knowledge

 

[timepass]

A friend wants to know 50 lacs lump sum investment avenues right now, he doesn't have much knowledge

Hope you emptied your inbox before posting that

 

[varunkochhar]

GMRinfra at day's high. Up 9% how is that for a penny stock. (So almost 20% done in 2days. My targets was 40% in 90 days.) Not bad. What say ?

 

[Prataap_2013]

GMRinfra at day's high. Up 9% how is that for a penny stock. (So almost 20% done in 2days. My targets was 40% in 90 days.) Not bad. What say ?

but in F&O ban

I bought and sold it in cash during the election rally. again tempted to buy

 

[varunkochhar]

Make an SIP of it as per your capacity. I think you will thank me 5/10 years from now.

 

[vivektrader]

GMRinfra at day's high. Up 9% how is that for a penny stock. (So almost 20% done in 2days. My targets was 40% in 90 days.) Not bad. What say ?

OK, I called it penny stock, and it went up, you were right. I missed the bus (I didn't want to catch), others would have benefitted. Nice.
End of story.

Vivek

 

[varunkochhar]

Sorry Vivek ji if it hurt you. That was all done in jest and excitement. Nothing personal.