Mutual Fund Queries

I recently retired and with surplus funds want to do SIP and then SWP

I have recently retired and have surplus investible funds. I have a medium grade risk-taking ability based on my previous investments in debt and other fixed return schemes. I plan to invest through SIP route for 20 months period in the following diversified equity (Multicap) funds with a good track record and then opt for a monthly SWP equivalent to 1% of the accumulated fund value after waiting for a 12 month cooling-off period, to avail the benefit of tax-free returns: (i) ICICI Pru Value Discovery Fund - Direct - Growth, (ii) Franklin India High Growth Companies Fund - Direct - Growth. Please advise whether this is a prudent investment strategy and whether both the above MF Plans allow for SWP Plan to operate with a 10% increase in withdrawal sum Y-O-Y basis?

Jul 25, 2016 by Ajay Misra, Allahabad | Mutual Fund

Please note that both the funds in your selection are diversified equity funds and have long track record of consistent performance. Both the plans offer SWP feature... Read More

Please let me know if I need to change funds in my mutual fund direct portfolio

I have the below Direct portfolio in my MF account. Kindly let me know in case the quality of the holding & if I need to make any changes: SBI Magnum Multicap Fund - Rs. 2000, SBI Midcap Fund-Reg-G - Rs. 1000, SBI Blue Chip - Rs 2000, SBI Magnum Tax Gain- Growth - Rs. 2000, HDFC Long Term - Rs. 2000, HDFC Balanced - Rs. 1000, HDFC Monthly Income Plan - Long Term Plan - 2000?

Jul 25, 2016 by Umesh, Bangalore | Mutual Fund

You fund selection is good and you have very well diversified your mutual funds investments into large cap, multicap, midcap and hybrid funds. The only scheme whose performance has been lacklustre for... Read More

Want to know difference between liquid, income and short term funds to do STP to equity

I like to know difference between liquid fund, income fund, debt fund, short abd ultra short term fund in terms of exit load, govn tax, min locking period etc. I have 4 lakh to invest. I want to keep on above mentioned fund and transfer in equity fund during dip?

Jul 25, 2016 by Shailesh Aghera, Vadodara | Mutual Fund

Please go through the following to know more about debt funds... Read More

Kindly advice me suitable mutual fund monthly income for long term investment

Kindly advice me suitable mutual fund monthly income from long term investment?

Jul 25, 2016 by Ashraf Nk, | Mutual Fund

Thanks for writing to us. Are you asking about mutual fund monthly income plans (MIP)? If yes then you can check the top dividend paying funds in these plan from here... Read More

The redemption of the MF that we make does that attract the Taxes

The redemption of the MF that we make does that attract the Taxes?

Jul 22, 2016 by Yogesh, Aurangabad | Mutual Fund

Your query is not very clear. Are you asking about TDS (tax deducted at source) when redemptions are done? If that is the query, then please note the following... Read More

Could you give few examples on performance of direct Equity SIP with some blue chip equity

I planned to start Equity SIP. Could you give few examples on performance of Direct Equity SIP with some Blue Chip Equity?

Jul 22, 2016 by Praveen Kumar, Coimbatore | Mutual Fund

Please note that at Advisorkhoj, we do not have any research to show the performance of direct equity SIP of bluechip companies. However, if you are interested to know about mutual fund SIP returns of large... Read More

Where one should invest safely with guaranteed returns other than FD

I find lot of articles on investments after you retire. Many of them are insurance linked or long term investment plans. Where one should invest safely with guaranteed returns other than FD since you can't invest in share market.Kindly send me details?

Jul 22, 2016 by Gangadhar, Bangalore | Mutual Fund

If you are looking for guaranteed returns from schemes other than Fixed deposits, then the choice is very limited. We have covered this topic in this post which will help you finding these options... Read More

Please suggest options other than FD Life insurance Tax saving plans as I am looking for returns

I want to invest a lump sum premium in market based plan. But the market is high, so I will get reduced units and less returns as against if I would have invested when the market was low. Please suggest options other than FD/Life insurance/Tax saving plans. I am looking for returns. Also, please correct me if my understanding is wrong and I should still go ahead with equity based single premium plans. Could you suggest any such plans?

Jul 22, 2016 by Aarti Kulkarni, Delhi | Mutual Fund

It seems you are talking about unit linked insurance plans. The equity linked insurance plans, either single premium or regular, will not suit you as you are looking for returns only... Read More

Suggest me funds for SIPs: I am a senior citizen and wish to invest for a period of 3 years and more

I am a senior citizen, I wish to invest for a period of 3 years and more through SIP. Which funds would you suggest?

Jul 20, 2016 by Neeta Kochar, Jaipur | Mutual Fund

Heartening to note that you want to invest in mutual funds through SIPs even though you are a senior citizen. However, the funds should be chosen based on your risk taking ability and the time horizon... Read More

Please help me to understand in depth knowledge about SBI Mutual Fund

I come across you are providing valuable information it's really great to educated and giving knowledge to about future saving plans. I am an employee of SBI mutual fund and I would like to know about the products related to the SBI mutual fund and SIP. Please help me to understand the in depth knowledge mutual fund in SBI?

Jul 20, 2016 by Nagesh Kumar B, | Mutual Fund

Giving below few links from our Research section which you will find very useful in your day to day work – Mutual Fund Return Calculator – SBI Mutual Fund. From here, you can see the SIP returns of any or all... Read More