SBI Magnum Global Fund

[Vicky78]

Re: SBI Magnum Global - please advise

hold but dont put any more money into it.

 

[amitrade]

Re: SBI Magnum Global - please advise

Hello,

Thanks for your reply. But boss,tell me which MFs should I invest in.
Also is it the right time to invest with such high NAVs ? What if the market comes down .

Amit.

 

[karvy]

Re: SBI Magnum Global - please advise

dear amitrade,
do not worry. Even assuming the bubble bursts and the sensex loses a couple of thousand points there is enough strength in the Indian economy and liquidity to pull it back sooner or later. Be optimistic and have faith. Sell your units if the markets fall by 8 percent.

 

[Vicky78]

Re: SBI Magnum Global - please advise

Navs are immaterial. Use SIP.

Check out the various threads there are detailed explainations about it

 

[umesh14]

Re: SBI Magnum Global - please advise

Dear Amit,
This is my opnion instead of investing via SIP if you track stock markets regularly , you can invest when thy correct & the NAV of your fund comes down . So practically every time you will purchase units at bottmedout price of that particular level .

Again this is my strategy & by the way i do hold the same fund but dividend option..

Happy investing

 

[dipesha]

Re: SBI Magnum Global - please advise

Hi ,
It has very track record.It is very gud for long term.
u can invest in SBI MAGNUM CONTRA,JM BASIC,DSP ML TIGER