Helios & Matheson is Chennai based IT company started operation in 1991 and having offices in india and subsidiaries in USA and Singapur. Company have registered at National Stock Exchange in 1999 and current stock price is 32. Company is in profit since its inception and profit for Q4 ended March 2011 was 498 Lakhs….
Contra Mutual Funds:
Sometimes,due to some reasons stock may trade at lower levels than its actual values.Contra funds works on this idea of picking the stock when it is weak.By purchasing the stock,fund manager believes that market will recognise the stock value and will trade at the intrinsic value in future.In general,contra funds prefers to invest in large…
Review of Reliance Gold Savings Fund:
Reliance Gold Savings Fund was the first kind of fund which allows investors in Gold through GOLD ETFs through mutual funds. This fund was opened for fresh,new purchases 2 months back. Uptill there was no facility available for SIP of Gold. Objective of the fund is to generate similar kind of returns generated by physical…