Sunday, March 29, 2009
I have done computer work on the side and it has been great to get extra money so that I can go out with my friends or buy somethong that I want. I read at story in my local paper about people starting up their own business during this rough economy. One guy is starting a popper scopper business. Another lady is starting a design business where she paints her own pictures and then try to sell them to business or people trying to furnish their homes. There are also tones of different ways to make money online. You just need to find the way. Hopefully I sparked something that will help you earn extra money.
Tuesday, March 24, 2009
Capital can be physical assets like land, factories, and machines, or it can be money and other financial assets which are necessary for owning and operation firs and businesses. Production in the capitalist economy is controlled by owners of capital who operate for their private profit or gain.
However, in almost all modern societies the profit motive is controlled by the state and kept within a limit to meet certain social objectives such as protecting the consumers, safeguarding the minimum wages of the workers, or not allowing the environment to be over polluted.
This is all about capitalist economy. It simple means that you can have your own property and nobody is there to question about your property.
Friday, March 20, 2009
The scheme has the flexibility to invest in the entire range of debt instruments. This scheme is suitable for investors having a short term investment horizon and seeks very high levels of liquidity for their investments. This scheme would endeavor to generate consistent returns commensurate with very low levels of interest rate risk. The scheme would primarily invest in short enor instruments of residual maturity up to an year.
Wednesday, March 18, 2009
Magnum gilt fund- long term fund
An open ended gilt fund, the objective of the scheme is to provide the investors holder with returns generated through investments in government securities issued by the central government and a state government. The scheme investments would be made in government securities consistent with the view on macro economic and liquidity scenario. The scheme would also seek to maximize returns based on intra day trading positions. The scheme carries higher interest rate risk.
Magnum gilt fund short term
The scheme carries a moderate interest rate risk as the funds will be normally managed to a maximum average portfolio maturity of three years.
Sunday, March 15, 2009
The objective of the scheme is to deliver the benefit of investment in a portfolio of equity shares, while offering deduction on such investments made in the scheme under section 80c of the income tax act 1961 and to distribute income periodically depending on distributable surplus.
Magnum taxgain deliver the benefit of investment in a portfolio of equity shares, while offering tax rebate on such investments made in the scheme under sec 80c of the income tax act, 1961. The portfolio strategy is to make long term investments in stocks consistent with the average duration of investor funds.
To invest in companies in all the market cap segments through both top down and bottom up investment philosophies. The motive is to invest in companies with sustainable and scalable business models which can lead to significant out performance in the log run. The net asset value is given as follows.
The dividend option is Rs 41.50 and growth option is Rs 51.00. The corpus value is about Rs 755.35 crores. So in the upcoming posts we shall see more about the other schemes.
Friday, March 13, 2009
Magnum sector funds umbrella FMCG
To invest in a balanced portfolio of FMCG stocks that would enable the investors to be part of the exciting growth in the domestic market.
Magnum Sector Funds Umbrella EBF
The objective of this fund is to invest in stocks of sectors which are considered emerging at a any point of time to invest at a time when the market capitalization of stocks in such sector is small relative to the size of the opportunity on account of global/ domestic outlook. To create value for investment through early identification of stocks that is likely to outperform in the future.
I think its enough for today. In the upcoming post we will discuss more about the mutual funds available.