The Path to Profit - The Honest Truth By Ajit Dayal
» INVESTING IN INDIA  
Investing in India - Honest Truth by Ajit Dayal
The Path to Profit A  A  A
PRINTER FRIENDLY | ARCHIVES
10 SEPTEMBER 2009


So, this is the plan.
I am heading to 7 cities in South India and will be happy to meet with you.
Quantum Mutual Fund bought a white Tata Sumo Grande, plastered it with our logo (Quantum Mutual Fund, Profit with Process) and with our web site address - which is www.QuantumMF.com

Ajit stands near the Quantum Tata Sumo Grande

The Path to Profit is heading out on a journey of about 4,200 km as we wind our way from Bombay to Bangalore to Mysore to Coimbatore to Madurai to Salem to Pondicherry to Chennai...and then back to Bombay.

I reach Bangalore on Saturday, September 12th and will be happy to meet with you at the investor conferences that we are organising.

  • Please click here to request for an invite to meet me at a city of your choice.

    Road and rubber to bridge the digital divide
    There is a lot that has been written over the past few years.
    There have been many comments posted on the various Honest Truths.
    I try and respond to them much as I can - either through an individual email or by writing another Honest Truth.

    But there are still so many questions you have:
    1. Where should I put my money?
    2. What should my asset allocation be?
    3. How much should I invest?
    4. What is our view on gold?
    5. What is our view on stock markets?
    6. What is our view on real estate?
    7. Can this market head back to 8,000? Can it????
    So I figured we could break the digital barrier between us.
    I cannot visit all the towns and cities in one road trip - but at least some of them

    Sure, the internet is a great way for you to invest in the Quantum Mutual Funds or subscribe to equitymaster's research products if you are a do-it-yourself sort of investor.
    But, let's meet - and have a long session of Q&A.

    The focus of my trip will be the Quantum Long Term Equity Fund.
    As you have read, the Fund is doing well.
    But we need to get exposed to more investors so that they know we exist.

    I don't wish to sell the Quantum Long Term Equity Fund to you - I prefer that you buy it.

    But - before you can consider making that buy decision and sleep well every night - you need to know that Quantum Long Term Equity Fund exists!

    You can't miss the Tata Sumo Grande - and try not to miss seeing me! J

    ------- FREE Newsletter -------
    Straight from the Hip - A Weekly E-Letter
    "This weekly stock market column written by me has run for over 19 years on various platforms. I invite you to subscribe today for a fresh and thought-provoking perspective." - J Mulraj
    Available exclusively to readers of Equitymaster. Sign-up Now! It's Free!

    ---------------------------------------

    Suggested allocation in Quantum Mutual Funds (after keeping safe money aside)
    Quantum Long Term Equity Fund Quantum Gold Fund
    (NSE symbol: QGOLDHALF)
    Quantum Liquid Fund
    Why you
    should own
    it:
    An investment for the future and an opportunity to profit from the long term economic growth in India A hedge against a global financial crisis and an "insurance" for your portfolio Cash in hand for any emergency uses but should get better returns than a savings account in a bank
    Suggested allocation 80% 20% Keep aside money to meet your expenses for 6 months to 2 years

    Disclaimer: Past performance may or may not be sustained in the future. Mutual Fund investments are subject to market risks, fluctuation in NAV's and uncertainty of dividend distributions. Please read offer documents of the relevant schemes carefully before making any investments. Click here for the detailed risk factors and statutory information"


    Note: The Honest Truth is authored by Ajit Dayal. Ajit is a Director at Quantum Advisors Pvt Ltd and Quantum Asset Management Company Pvt Ltd.. Views expressed in this article are entirely those of the author and may not be regarded as views of the Quantum Mutual Fund or Quantum Asset Management Company Private Limited. To write to Ajit, please click here.


    Read our Privacy Policy and Terms Of Use.
    Get The Honest Truth directly
    in your mail box.
    Just enter your e-mail address» 

    Read our Privacy Policy and Terms Of Use.

    Equitymaster requests your view! Post a comment on "The Path to Profit". Click here!

    9 Responses to "The Path to Profit"

    hiren

    Aug 9, 2010

    Nice way to tell people that you exist....
    Gudluck bhai!!

    Like 

    Value Investor

    Sep 13, 2009

    Ajit,

    Great idea to share your insights.

    Would you be able to post web-highlights of your interactive sessions especially Q&A ?

    Regards,

    Value Investor

    Like 

    Shreesh

    Sep 11, 2009

    Why was Pune cancelled?

    Like 

    dr praveen

    Sep 10, 2009

    sir, when do you plan to visit hyderabad?

    Like 

    roger

    Sep 10, 2009

    congrats for the trip
    it's audacious and adventourous.U are our own JIM ROGERS.

    I SALUTE YOU FOR PUTTING YOUR MONEY WHERE YOUR MOUTH IS.
    First u reccomed Tata Motors and then go out and buy a TATA.
    HAVE FUN ON TRIP.
    I M SURE U WILL ROCK BANGALORE ON 12TH

    REGARDS,

    A HUGE FAN OF YOURS,
    JEEVAN JYOTI RATH

    Like 

    JEEVAN

    Sep 10, 2009

    bravo!!!!!!! u are backing up ur opinions with ur purchaces.u were immensly bullish on tata motors and now u go out and buy urself a tata.
    just one request boss.Just allow me to accompany u in this trip. i m sure i will learn more than what i could in my 2 years of MBA.

    Like 

    Ramesh

    Sep 10, 2009

    Wow, Commendable effort...... "reaching out to investors", seems to have a new meaning.

    Wish you first a safe journey (travelling on Indian roads needs more luck than while investing in the stock market).... Best wishes for a succesful trip

    Like 

    Kurian Anoop Eapen

    Sep 10, 2009

    Hi Ajit
    This is a great idea. it help create awareness about the fund and also educate the investors about the markets. These does not seem to be any details of the venue of the conference. I assume i would get a call or an email on the same. All the best on your effort.
    Kurian

    Like 

    pravin.thakrar

    Sep 10, 2009

    Dear Ajitbhai
    Congratulations! for new Tata Sumo! It looks nice. It seems Tata would increase the price soon!
    Regards
    Pravin

    Like 
      
    Equitymaster requests your view! Post a comment on "The Path to Profit". Click here!