Related Posts
hey folks, I am going to join Oracle ossi in Hyderabad location. I have never been to Hyderabad, and will be relocating. Please guide on what would be good areas to look for rent. Also, what would be rent like for 2/3 bhk. Ideally my budget for rent would be <25k. Initially I will be going but in future my family will join me once I am settled. Any points to note or any other gotcha to keep in mind ? Please suggest.
Anyone do FOREX? Any insight?
More Posts
Job-Hunting reach-out to VC from previous fundraising effort for own startup
I have e-mail archive from 1y ago of my reach-out to 65 VCs in London: we had video calls, they might remember me still, who knows.
I want to send a reply/forward message to the same e-mail thread from abc@gmail.com, saying that I am looking for roles within their VC firm. Is that a good idea?
Or shall I just start new email thread and mention how I know them?
LA or remote, seeking retouching opportunities.
Additional Posts in Consulting India
Hi,
Due to poor work policy at Byjus My brother lost his job in just 6 months. He was a BDA and now he is currently looking for similar kind of roles in any organization.
Kindly help to assure him a position in the corporate again.
Skillset : Ms office, tally, leadsquared, Ameyo, sales, counselling of candidates
Need a job in IT company.......
Be that person! 😇

Can i get likes so that i can message people ?
How good of a company is Publicis Sapient? They offered 1L more than Comcast but I rejected it since the project in Comcast has tech related to my profile but in Sapient they said I will be working with investment banks like Citi or GS and not much clarity on Tech. Yesterday they called me to say that they are offering Architect role (previous role was Senior Associate - L2) Is it good to take Architect role in Sapient over Development Engineer 4 role in Comcast? Publicis Sapient Comcast
New to Fishbowl?
unlock all discussions on Fishbowl.



Buy another chunk by doing one time investment , that is the trick to SIPs in MF , if u have a good MF and it's down by some considerable amt then it's a great opportunity for one time investment
Chief
I differ.. how do you know market the bottom. I would never suggest trying to time the market and keep investing in SIP is safer..
Rising Star
First of all understand you have choosen sectoral mf. meaning that it tracks only IT sector. and IT sector stocks are facing downside started from nov last year. Its expected it will be bottomed out at even 10% below due to taper in US and intrest rate increase. usually sectoral indices are no 1 among highest risk. so I would suggest reduce your sip amount from there and investment in flexicap fund like parag Parikh and don't give more than 20% weight to sectoral funds. you have to wait for 10+ years to get decent return from sectoral funds.
Rising Star
Thanks, with my little knowledge during investing I could understand they are only IT depenent and could be risky but didn't think IT will fall these much.
Chief
Continue
Continue the sip if you are planning long term. Predicting market top and bottom is risky
Rising Star
Long term for IT based MF or some other plans which are from different sectors?
Investment 101. Never stop your MFs or exit the market when it is down. This is a good time to make lumpsum investment as it ll help your MF portfolio purchase more units at lesser NAV and ultimately average out your high NAV purchases. Iska ultimate fayda you ll see later when market moves up in like 5-10 year time period.
Also, invest only the amount you have after you do your savings and expenditure. That's investment 102
Rising Star
Great suggestion mate.
Being a traditional PPF and FD guy I am bit nervous seeing my MF portfolio going down.
Do you suggest same for Mutual fund based on IT industries where I have invested heavily.?
Continue your SIPs if you are investing for more than 5 years. Now is the time time your money is buying stocks in bargain after purchasing IT stocks in high valuation (through your mf of course) . Great time to average down
Rising Star
Thanks. Appreciate your suggestions
Mutual funds are for long term..it will take min 3 years for you to get the benefits. Also, invest in such Mutual funds which invests in multiple sectors.
Also, importantly, don't do all investments in MF.
Continue the traditional fd,Rd as well.
Rising Star
True, i need do diversify my assets. Kind of lesson learnt after seeing the market fall.
Your funds are good but you can't expect them to show recovery while the market at large is at a constant decline. If you have investible income available then you should continue to buy in SIP mode to be safe as this is the time my friend. Also, you keep saying you have invested heavily in them (my assumption is you have concentrated your investments in these 2 funds more than other assets) hence my two cents would be to evenly distribute your investment among multiple funds or asset classes to ensure a balanced portfolio.
As the old saying goes - Don't put all your eggs in one basket!
Rising Star
Thanks friend, being a newbie I was a bit greedy 6 to 8 months back as these two MF in IT sector had given then exceptional returns.
True I have to spread my capital across sectors not just IT
As others suggested , it's good pf but it's sectoral so you may see some downwards for now specially with IT as US market is going through unprecedented inflation and tapering.
You may downsize the SIP amount but don't stop it if you are okay for few more months 5-6months and invest the remaining in SGB and flexi cap funds as you will good NAVs in this beaten down market and increase your exposure. On personal note I have found Axis & SBI MF houses doing well over 3-5 years period.
Rising Star
Thanks much, i will check these two funds.
Learning from the community guys here , looks like reducing SIP is best choice other than stopping completely
Mutual funds are for long term, keep investing for another 10-15 years then only you should be expecting a good return.
Rising Star
Any suggestions for these two specific MF that Ive picked up?
Rising Star
Thank you guys, I am fairly new to the stock and MF investment. Did I pick the wrong sectoral plan?
Both of the MF have given good return for last 2 to 3 years but now the stock from Indian IT companies are over all down and I am seeing no recovery either.
Rising Star
Thanks mate, that gives me hope :)