Mutual Fund Queries

Should I invest two lacs in one fund or diversify it

I want to invest a lump sump amount of Rs. 2 lakhs in mutual funds for a tenure of 20 years. My age is 27 and I don't have any liabilities right now. Please advise me some good mutual fund to invest. Shall I invest the whole amount into a single fund or shall I make a diversify portfolio?

Jun 28, 2016 by Ankush V, Delhi | Mutual Fund

Please note that we do not give fund specific advice. However, if you choose to invest in diversified equity funds then you need not invest in various category of funds in order to diversify the investment... Read More

Can I open an account through you and start investing in Mutual Funds

Can I open an account through you and start investing in MF? If yes please guide me with the process on the same?

Jun 23, 2016 by Sudha Garg, | Mutual Fund

We do not provide facility for buying mutual funds. We are not Mutual Fund Distributors but do help people with their finances by creating investment awareness and replying to their queries etc... Read More

Can you help me suggesting Mutual Fund SIP in diversified fund for RS. 4000 per month for 20 years horizon for my retirement purpose

I want to start SIP in diversified MF RS.4000/ per month for 20 years horizon for my retirement purpose. Please advise whether Franklin Prima Plus Growth Option or BSL Advantage Fund Growth Option is the best choice or Franklin Flexicap fund Will be the best choice?

Jun 23, 2016 by Asim Saha, Kolkata | Mutual Fund

We do not give fund specific advice. However, the funds you have mentioned are performing well and you may invest in one of these. To know more about top performing funds you may also visit our Mutual... Read More

Which are the Best Mutual Funds ELSS schemes to invest in India

I want to invest in ELSS scheme of MF where good returns are expected & where expenses ratio is low. Please suggest some 4 or 5 such funds indicating returns in past?

Jun 21, 2016 by S P Padia, | Mutual Fund

Thanks for writing to us. We do not give fund specific advice. However you can visit our Research section and check the ELSS Scheme returns along with expenses ratios for top performing ELSS funds... Read More

Which are the best performing ELSS Mutual funds at present

Which are the best performing ELSS funds at present?

Jun 21, 2016 by Anant Palsinh Solanki, | Mutual Fund

We do not give fund specific advice. However you can visit our Research section and check the ELSS Scheme returns along with expenses ratios for top performing ELSS funds. Please click this... Read More

I am thinking to continue my investments in Mutual Funds SIPs for next 15-20 years

I have SIP of 5000 each in BSL Frontline Equity, ICICI Pru Value Discovery, SBI Emerging Business, Reliance Growth Fund. I also invest 30000 yearly for ELSS in Axis Long Term Equity, IDFC Equity (ELSS), Tata Balanced Fund, Reliance Tax Saver, BNP Paribas (ELSS). I don't have any immediate need of funds and I thinking to continue for next 15-20 years?

Jun 21, 2016 by Annu, Jaipur | Mutual Fund

It is very heartening to know that you are thinking to continue your SIP and lumpsum investments in Mutual Funds for next 15-20 years. Many Congratulations! As you are on your way to a long wealth creation... Read More

Which mutual funds in India are accepting investments from US and Canda based NRIs

How many AMC can take us Canadian Fund, Kindly send me the name of AMC?

Jun 21, 2016 by Akhilesh, Varanasi | Mutual Fund

Currently, DHFL Pramerica Mutual Fund, L & T Mutual Fund, PPFAS Mutual Fund, Sundaram Mutual Fund, SBI Mutual Fund, UTI Mutual Fund And Birla Sun Life mutual Fund are accepting investments from... Read More

Whether my choice of SIPs is correct or should I change

I have started a SIP of Rs. 3,000/- on monthly basis for a tenure of 20 year in the following funds - 1) Mirea Asset Emerging Blue Chip Fund - Rs. 1,000/- every month, 2) SBI Magnum Mid Cap Fund - Rs. 1,000/- every month, 3) TATA Balanced Fund - Rs. 1,000/- every month. Whether my choice is correct or else I have to change my choice. Please suggest me in this?

Jun 21, 2016 by Chandrashekhar Rathod, Hyderabad | Mutual Fund

You choice of funds for SIPs is good. It is also heartening to know that you want to continue in it for next 20 years. You may try this calculator... Read More

How to convert mutual fund in the name of my late husband to my name

I have query about how to convert mutual fund in the name of my late husband to my name?

Jun 21, 2016 by Madhavi Amol Kulkarni, Jalgaon | Mutual Fund

This is called transmission of units. You should first check if you are the nominee or the second holder. If you are nominee or the second holder then following is the process... Read More

Are there any charges levied on each SIP instalment that I pay per month

I understand that we all talk about SIP and its advantages. But my question I recently understood (sorry for being ignorant) that there are actually charges levied on each SIP instalment I pay per month. Though its not directly visible in the statement but I guess they collect this amount by NAV adjustments. Could you please help me understand how fund house charge me per month for a SIP amount of Rs. 3000. You can consider HDFC Midcap Opportunities fund?

Jun 13, 2016 by Sachin, Bangalore | Mutual Fund

Please note that no Asset Management Company in India levies any extra charges on SIP instalments, therefore, you should not worry about your SIP instalments and continue with your existing SIP investment... Read More