How to get monthly dividend from my lump sum investments

You mentioned you want monthly dividends from all your lump sum investments. We would like to bring to your notice that, HDFC Top 200 Fund does not pay monthly dividends. That aside, most of the funds in your selection are strong performers. HDFC Top 200 and Canara Robeco Balanced Fund are average performers. You should monitor the performance of these funds (and also other funds) on a regular basis, to see if they are meeting your investment expectations.

Regarding the pharma sector fund in your portfolio you have mentioned, what your investment horizon is and therefore, we cannot give any definitive guidance. You should be aware that, pharma sector has been struggling over the past 12 to 15 months. In 2016 pharma companies were impacted by the US Food and Drug Administration (FDA) regulatory rulings. While the regulatory concerns have eased somewhat, there are new concerns related to pricing pressures. Recent reports from the US suggest that the Trump administration may pass an executive order asking pharma companies to lower prices of medicines. In the last one or two days, share prices of pharma companies have again taken a hit because of these reports. So while valuations of pharma companies have come down quite a bit over the past year or so, which will make SIP in pharma fund attractive, there is still a lot of uncertainty with regards to this sector. Therefore, you should continue to follow developments in the pharma sector and make investment decisions accordingly.

Thanks for writing to us.