Mutual Fund Queries

Closure of SIP submitted at CAMS Nagpur but not received any message

I submitted application form for close my SBI gold fund SIP, folio no. 12213491 through CAMS Nagpur but not receive any message?

Nov 28, 2015 by Mahendra Kumar Thepey, Betul | Mutual Fund

You can know your transaction status either through the online query form of CAMS or by calling their toll free number 1800-200-2267 or 1800-419-2267. You will find the online form and contact details by... Read More

Does Mutual Fund Monthly Dividend Option gives LESS Dividend and has LESS NAV

Based on the data provided in the Reliance AMC Factsheet-October-2015.pdf If I have 1000 units invested in Reliance Arbitrage Advantage fund - Monthly Dividend Option from Aug 2014 to Sept 2015, I get a dividend of Rs. 740 and the NAV as on 30 Sept 2015 is Rs. 10.4777. If I have 1000 units invested in Reliance Arbitrage Advantage fund - Dividend Option from Aug 2014 to Sept 2015, I get a dividend of Rs. 950 and the NAV as on 30 Sept 2015 is Rs. 11.7813. We all know that in Mutual funds if MORE Dividend is declared then the NAV drops to a greater extent as a long term investor in Reliance Mutual fund schemes. I need help to understand WHY is the investor getting more DIVIDEND and more NAV in the Dividend option as compared to the Monthly Dividend option of the same fund. Is it ONLY because of the Power of Compounding? Is Reliance AMC applying a EXTRA CHARGE on the investors who subscribe to the Monthly Dividend option as compared to the Dividend option?

Nov 18, 2015 by Khushroo Satarawala, Mumbai | Mutual Fund

Please note that Reliance Mutual Fund or for that matter any AMC does NOT charge EXTRA EXPENSES to investors subscribing to different options. Let us now try to understand why the dividend amounts... Read More

Whether ETF is a good investment option

I have been hearing about ETFs in news everywhere these days, want to know is it a good option for investment as per your experience & seeing the past? Also I want to start investing in stock so need some articles & thought on it?

Nov 13, 2015 by Ankit, Udaipur | Mutual Fund

It is important that you understand the differences between ETFs and mutual funds, as they are different in many respects, while similar in some... Read More

Suggest Mutual Fund schemes to be invested in SIP mode for my son

I am retired 65 yrs old. Kindly suggest Mutual Funds in SIP route to create a lump sum for my different lyabled son. I can invest monthly Rs. 10000 towards this. Kindly advise the best option for a long term iperspective( say 10 to 15 years)?

Nov 4, 2015 by Ganapathy, Chennai | Mutual Fund

Even though you are retired, since you want to create a corpus for your son, you should invest in equity funds. Over a 10 to 15 year investment horizon, equity as an asset class has the potential to give much... Read More

Suggest me Mutual Fund SIP scheme for investing for the long term

I am Saurav Pushkar. I want to invest 5000 per month in mutual fund. Which is the best fund for long term about 40 years. Please suggest me

Nov 4, 2015 by Saurav Pushkar, Patna | Mutual Fund

Firstly you have made the correct decision to invest in mutual funds over a sufficiently long investment horizon through SIP. Over 40 year investment horizon you can create substantial wealth, if you invest... Read More

Can I expect more than 12 percent from the SIPs that I have started

Last year I started mutual fund SIP in UTI Opportunity, Quantum Long Term Equity Fund, HDFC Top 2oo, ICICI Focussed Blue Chip Fund, all funds are for long term investment more than 5 years expecting return around 12%. Should I continue in these funds?

Nov 3, 2015 by Sundeep Nigam, Haridwar | Mutual Fund

UTI Opportunities and ICICI Prudential Focused Bluechip Equity funds are top performers in the large cap category. Hdfc Top 200 has been relatively under performing in the recent past, but given the past... Read More

How to invest through SIPs for the long term

I am a manager in a public sector bank, salary 53k approx, want to start investing in SIP with R.s 5000 per month for 10 years. So please help me to identify best products and step wise guidance to start it from grass root level?

Oct 29, 2015 by Pravesh, Lucknow | Mutual Fund

Since you have a 10 year investment horizon, equity funds will be the ideal investment options for you. Equity as an asset class, can provide higher returns relative to all other asset classes over a 10 year... Read More

Planning to invest a lump sum amount of Rs 1 Lakh in mutual funds

I'm planning to invest a lump sum amount of Rs. 1 Lakh in Mutual Funds. I have shortlisted following funds in large and mid cap category, Large Cap Funds - SBI Blue Chip Fund(G), Axis Long Term Equity Fund(G); Mid Cap Funds - JPMorgan India Mid Cap Fund(G), Mirae Asset Emerging Bluechip Fund - Regular Plan(G). I would like to know your opinion on the funds that I have shortlisted. I observe a lot of apprehensions about investing in Mid Cap Funds now. How relevant it is if I'm planning to invest for a term of 3 years. Is lump sum investment the right way considering the volatile condition of the market now?

Oct 29, 2015 by Johnson Joy, Navi Mumbai | Mutual Fund

You have selected good funds. Please note Axis Long Term Equity Fund is an ELSS or tax saver funds. You can claim Section 80C deduction for your investment in Axis Long Term equity fund. As regards small... Read More

Investing for childrens education and marriage

I wanted to invest a lump sum of 1 lakh Rupees into Mutual fund and this investment is for my daughters future (Marraige/Education). My plans are : I want to invest the lump sum amount in any short term debt fund (1-year) and do STP into equity funds over a period of time(9-12 months). To be more precise investing one time in debt funds and doing STP into equity funds every month, therefore reducing risk of investing lump sum in Mutual Funds. Consider I have 50k which are my savings until now, the risk I can take is 65%. Now I want to test the performance of Mutual Fund for 2 years in succession and if I get profited then I would like to continue for next 15 years or so. So please suggest me according to my plan ,a best short term debt fund and best/consistent performing equity fund?

Oct 27, 2015 by Basanth S, Bangalore | Mutual Fund

It is a good idea to invest lump sum in an ultra short term debt fund or liquid fund and do an STP to an equity oriented fund, because the equity market is expected to be volatile over the coming months... Read More

Asset Allocation to help achieve goals

I am 26years old salaried person with annual CTC of 3.5L. My goal is to build a house in a posch area of Chennai. I have invested 1L in FD with interest of 9.10%. And 1L in NSC (5Years). I would like to invest 1L as lump sum in the following mentioned funds, can you please suggest if this asset allocation would help me achieve my goal? Following is the fund I have chosen for investment Equity Diversified Fund - L&T India Value fund, Index Fund - GS Nifty BeES, Balanced Fund - Tata Balanced Fund, also in ELSS as SIP of Rs. 5000 every month; Please advise?

Oct 27, 2015 by Nirmala, Chennai | Mutual Fund

L&T India Value Fund has given an annualized return of around 15% in the last 5 years. GS Nifty BeES on the other hand has given annualized returns of 6.5% in the last 5 years. Tata Balanced Fund has given... Read More