Saturday, December 31, 2011

A Rocking December

WHALE OF A TIME


We had a rocking December at the bourses.

Here is a look at our trades in December.

As market was very volatile, carrying positions did not give us expected results.
Below is the positional trades that we took.




















However, December was a God sent month for day traders.
Below, the record of trades that we took on intraday basis.






































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NEXT: Tax Saving 2011

Thursday, December 29, 2011

Tax Savings

It is time for most of our salaried readers to go investment hunting for tax savings.

So here is a quick shopping list especially for our readers.

Long term infrastructure Bonds:

Two choices available: IFCI and L&T.

Our recommendation: IFCI with buy back  option

Equity Linked Savings Scheme (ELSS)


Based on performance in last 5 years and 3 years , following are the list of top performers.
All data is obtained from ValueResearchOnline


Open Ended  - Equity: Tax Planning -  Five Year Return
http://www.valueresearchonline.com/images/d.gif
 Fund  NAV (Date)   Returns(%)  Return as on
http://www.valueresearchonline.com/images/d.gif
 Canara Robeco Equity Tax Saver 16.17  (28-Dec) 12.03 12/28/2011
 Taurus Tax Shield 30.00  (28-Dec) 12 12/28/2011
 Fidelity Tax Advantage 18.63  (28-Dec) 8.69 12/28/2011
 Sahara Tax Gain 31.04  (28-Dec) 8.5 12/28/2011
 Franklin India Taxshield 187.49  (28-Dec) 8.41 12/28/2011
 HDFC Taxsaver 192.85  (28-Dec) 5.72 12/28/2011
 Sundaram Taxsaver 36.04  (28-Dec) 5.4 12/28/2011
 ICICI Prudential Tax Plan 116.14  (28-Dec) 4.67 12/28/2011
 HDFC LT Advantage 114.44  (28-Dec) 4.55 12/28/2011
 Tata Tax Saving 38.97  (28-Dec) 3.84 12/28/2011



Open Ended  - Equity: Tax Planning -  Three Year Return
http://www.valueresearchonline.com/images/d.gif
 Fund  NAV (Date)   Returns(%)  Return as on
http://www.valueresearchonline.com/images/d.gif
 ICICI Prudential Tax Plan 116.14  (28-Dec) 28.29 12/28/2011
 Canara Robeco Equity Tax Saver 16.17  (28-Dec) 27.26 12/28/2011
 ING Tax Savings 25.52  (28-Dec) 26.46 12/28/2011
 HDFC Taxsaver 192.85  (28-Dec) 26.03 12/28/2011
 Fidelity Tax Advantage 18.63  (28-Dec) 25.09 12/28/2011
 Franklin India Taxshield 187.49  (28-Dec) 25 12/28/2011
 HDFC LT Advantage 114.44  (28-Dec) 24.29 12/28/2011
 Taurus Tax Shield 30.00  (28-Dec) 23.49 12/28/2011
 Religare Tax Plan 15.17  (28-Dec) 23.42 12/28/2011
 Sahara Tax Gain 31.04  (28-Dec) 22.22 12/28/2011




Based on above data our picks for readers are (assuming equal distribution of investment amount):


1) Canara Robecco
2) HDFC Tax Saver
3) ICICI Prudential Tax Plan
4) Fidelity Tax Advantage






To know more about us, visit www.jerrytechnicals.com




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