Sanjay Vaid is President - Institutional Equity, Systematix Shares and Stocks (I) Ltd. He has over 20 years of industry experience out of which 13 years were with UTI MF, HSBC AMC, SBI MF. An MBA with a major in the stream of finance from FMS, Delhi University, he is also a Certified Associate of Indian Institute of Bankers (CAIIB). Besides, he also holds an Economics ( Honors) degree from the DELHI University.
<br><font color='#123aec'>Leena:040049</font> : Hello Sir, Good Evening!
<br><font color='#12ae34'>sanjay.vaid:040119</font> : Hello, Leena
<br><font color='#123aec'>Kirti.k:040131</font> : Gud Afternoon Sir
<br><font color='#12ae34'>sanjay.vaid:040245</font> : Good afternoon
<br><font color='#123aec'>Reshma:040313</font> : Sir, where do you see equities heading in the short term?
<br><font color='#12ae34'>sanjay.vaid:040446</font> : It will all depend on the results of the elections tomorrow, if we have a stable government in place then i see the markets going uo by 15 to 20%
<br><font color='#123aec'>Ramanuj:040427</font> : Which is better..ULIP or Mutual funds...does Mutual fund as rider work in a similar way as ULIP?
<br><font color='#12ae34'>sanjay.vaid:041049</font> : ULIPs have the advantage of giving you added insurance cover, however it has costs attached with it. If one is looking at a pure equity exposure then I would suggest to put your money in the Mutual Fund through a SIP over at least 3 year time period.
<br><font color='#123aec'>Pshashi:040855</font> : which sectors will affect most by election results?
<br><font color='#12ae34'>sanjay.vaid:041247</font> : PSUs, Sugar, Oil
<br><font color='#123aec'>Leenachandan:041346</font> : Is it safe to stay invested in pwer n oil stocks
<br><font color='#12ae34'>sanjay.vaid:041500</font> : Yes Power sector will do well in days to come .
<br><font color='#123aec'>simee:041511</font> : is gold a sound investment or will prices fall<font color='#123aec'>Rameet:041502</font> : Is Gold a wise investment in these times?
<br><font color='#12ae34'>sanjay.vaid:041709</font> : If you are looking to diversify your risk then investing in Gold is a good idea. It futher acts as a natural hedge also to the stock markets
<br><font color='#123aec'>Simie:041725</font> : I had purchased 3000 shares of wisec global at Rs 5. Should I hold or sell it since its a penny stock
<br><font color='#12ae34'>sanjay.vaid:041909</font> : I would suggest all of you to not get trapped in penny stocks , divest and use the money to buy large cap stocks of companies with proven track record.
<br><font color='#123aec'>mahindra:042000</font> : i want to buy a house on loan will buying at these rates help or shld i wait for next RBI meet
<br><font color='#12ae34'>sanjay.vaid:042246</font> : We expect the interest rates in the economy to harden after september 2009. would request you to take decission before that.
<br><font color='#123aec'>Pshashi:041917</font> : what will be effect of election results on Banking sector?
<br><font color='#12ae34'>sanjay.vaid:042549</font> : To large extent the banking sector is a play on the economic growth, if we get a government which is pragmatic and takes the economy to the higher level of growth and activity it would have a positive rub-off on the banking sector.
<br><font color='#123aec'>Kirti.k:040943</font> : Is this the right time to invest in ELSS?
<br><font color='#12ae34'>sanjay.vaid:042748</font> : Yes, ELSS because of the lock-in period lets your investment grow and invariablly gives a better return.
<br><font color='#123aec'>Sourabh:042919</font> : Are balanced funds a good option?
<br><font color='#12ae34'>sanjay.vaid:043005</font> : For risk averse people.
<br><font color='#123aec'>Smiley:043130</font> : I have index based stocks should I wait or exit in short rallies
<br><font color='#12ae34'>sanjay.vaid:043252</font> : Wait till the new government is in place and then slowly book profit.
<br><font color='#123aec'>Vikiraj:043236</font> : In the recent rally it has been observed that while FIIs have been the major buyers, but mutual fnds are not aggresive in buying. Whats the rationale behind this?
<br><font color='#12ae34'>sanjay.vaid:043811</font> : This rally has been a rally of disbelief most of the institutional investors kept on waiting for the markets to correct to enter in correction, therefore if you see of late the local investors have also deploying the funds and hence themarkets have shown great strength despite uncertainity.
<br><font color='#123aec'>Lovina.13:043434</font> : which is the best investment keeping in mind the current market
<br><font color='#12ae34'>sanjay.vaid:044045</font> : it depends upon your risk taking abilities. I have always maintained that , one should always invest with a medium to long term horizon and not for short term gains.
<br><font color='#12ae34'>sanjay.vaid:044137</font> : Investing through the Mutual fund route is the best alternative.
<br><font color='#123aec'>Rajeev_76:044144</font> : In the current market scenariois is it worth going for equities or mutual funds would still be a safer haven for investors?
<br><font color='#12ae34'>sanjay.vaid:044402</font> : investing through Mutual Fund schemes is the best choice.
<br><font color='#123aec'>Lovina:044423</font> : What will be a good investment option for 2 years at low, medium and high risk levels respectively
<br><font color='#12ae34'>sanjay.vaid:044834</font> : For low to medium risk one should invest in a portfolio of various Mutual fund Euity and index funds, some expouser to Gold ETFs can also be taken. For high risk investments one has to invest directly in to equities of stocks in the sectors which are expected to do well such as power, infrastructure, Banking and IT.
<br><font color='#123aec'>Mridula:044614</font> : In equities can u suggest some good mutual fund schemes please?
<br><font color='#12ae34'>sanjay.vaid:045105</font> : Please have a look at the 3 to 5year performance of the various equity schemes and choose a few of those tip performers which are in the  top quartile.
<br><font color='#123aec'>Mridula:044527</font> : mutual fund charges are too high ..should one invest through the National Pension Scheme?
<br><font color='#12ae34'>sanjay.vaid:045346</font> : Yes one should always invest a portion of your investment in the pension funds.It should be done asa good habit and quantum of the same depens on your age profile  plus risk profile.
<br><font color='#123aec'>Deepak23:045057</font> : where should i invest Real stata, Equity or Real state stocks at current level
<br><font color='#12ae34'>sanjay.vaid:045527</font> : Large cap top 100 stocks ( Nifty or Bse 100)
<br><font color='#123aec'>Vinayak:045524</font> : Will market reach 21K again? What is your time perspective for the same?
<br><font color='#12ae34'>sanjay.vaid:045917</font> : Nobody can predict the time frame for the markets , I am a firm beliver of "Supperior Market Hypothesis" market's collective wisdom is always ahead of individuals. But i firmly belive that by the year end 2009 we will be better off then today.
<br><font color='#123aec'>Leena:050104</font> : How will a combination of SIP, STP and SWP work if we want to use a combination of them.? Is this possible practically?
<br><font color='#12ae34'>sanjay.vaid:050259</font> : I think SIP is the easiest and better option.
<br><font color='#123aec'>Deepak23:050153</font> : what will happen on 18 May 2009, if congress win, if Left win and if BJP win. wil it make any impact on indian market, which is running from Global clue, if yes how much??
<br><font color='#123aec'>Leena:050616</font> : What I meant Sir is..Is it possible to use the  three plans namely SIP, STP and SWP simultaneously..say like SIP and STP together? If yes ..How will it work practically?
<br><font color='#12ae34'>sanjay.vaid:050746</font> : A government which is stable and can rule for next 5 years will be good for the markets, markets dont like uncertainity. so as long as its not a Hung / highly divided mandate we will be better off.
<br><font color='#123aec'>Deepak:051136</font> : Should I invest in RIL at current levels?
<br><font color='#12ae34'>sanjay.vaid:051247</font> : Yes you can for atleast 3 months time horizon.
<br><font color='#123aec'>Deepak23:051145</font> : Any policy change you predict for a particular group, particularly if LEFT win, will we see same horrible drop in stock market like 5 year ago
<br><font color='#123aec'>Leena:051309</font> : Thank you Sir, for spending your valuable time. It was pleasure having you on the chat
<br>That is the end of the chat session for today. 
<br> Thank you all for logging in. 
<br> Till then its bye from us.<br>