Mutual Fund Queries

Growth versus Dividend option for Senior Citizen Investor

I am senior citizen.With falling rate of FD rates,Post Offices saving rates, I am planning to invest in diversified large cap equity schemes with Dividend payout option.What would bo better option? GROWTH option or Dividend pay out .With.growth option,in a year I can redeem growth accumulated.Please suggest better option.How many schemes I should invest? I want to invest 3 lakhs, so that I could get around 27000/- as dividend or growth in a year tax free.

Oct 17, 2015 by PRAKASH THETE, MUMBAI | Mutual Fund

You should understand that diversified equity growth funds are subject to market risks. You are expecting a return of Rs 27,000 per annum from your investment of Rs 3 lacs or in percentage terms, you are... Read More

Investing through SIP

I am investing in following schemes through SIP. Should I continue or to change - Mirae Asset India Opportunity 4000, IDFC Premier Equity Growth 2000, ICICI Focus Blue Chip 3000, ICICI Discovery 3000, UTI Opportunity 2000, BNP Paribas Long Term Equity 2000, Axis Long Term Equity 2000?

Oct 12, 2015 by Rajesh, Nagpur | Mutual Fund

We do not give specific investment advice. Your investment plan should be based on your financial goals. All the funds selected are very good quality funds. You also have a good mix of large cap, midcap and... Read More

Investing in Fund or Funds, difference between ETF and Index Fund

1. What is the procedure to invest in FoF? Do we have any additional fees in it? If yes how much it would be? 2. Are ETF fund and index fund same or different? Can a index fund be a ETF fund as well? For eg; Kotak Nifty ETF fund is a large cap fund but it is categorized as both index and ETF. Please clarify?

Oct 9, 2015 by Arun swaminathan, Ashok Nagar | Mutual Fund

A fund of funds is a mutual fund which instead of directly investing in equity and debt market securities invest in other mutual fund schemes, based on its investment objective and strategy. Asset allocation... Read More

What are fund of funds, fees and benefits

What is the procedure to invest in FoF? Do we have any additional fees in it? If yes how much it would be? Who can choose FoF?

Oct 9, 2015 by Nirmala, Chennai | Mutual Fund

Difference between ETFs and Index, advantages and disadvantages

Are ETF fund and index fund same or different? Can a index fund be a ETF fund as well? For eg; I understand Kotak Nifty ETF fund is a large cap ETF fund and an index fund. Please clarify me?

Oct 9, 2015 by Nirmala, Chennai | Mutual Fund

ETFs and index funds though similar in terms of the nature of investment actually quite different. The difference between ETFs and Index Funds are listed below... Read More

Who should invest in different types of debt funds

Who can invest in ultra short term debt fund, short term debt fund and long term debt fund?

Oct 9, 2015 by Nirmala, Chennai | Mutual Fund

Ultra Short Term Debt Funds: Investors who usually have a large balance lying idle in their savings account can earn higher returns by investing in liquid or ultra short term debt funds. You can park your surplus... Read More

Can Mutual Fund MIP give higher returns than Fixed Deposits

As fixed deposit rates are falling can MIP be an alternate investment opportunity for my father to earn a decent return on his investment of around 2.5 lacs approx around 10 percent annual returns?

Oct 7, 2015 by Sukumar Belel, Thane | Mutual Fund

You are right. After the RBI cut rates at the end of September, most major banks have announced reduction in the base rates by 25 to 40 basis points, resulting in deposit rates going down. Fixed Deposit rates will... Read More

I want to invest in lumpsum for five years

I have lumpsum amount, that I want to invest for minimum 5 years for sure, can you please suggest which Mutual Fund I need to chose, so that I will get maximum returns, those Mutual Funds can include sector Mutual Funds also?

Sep 24, 2015 by Ramesh, Karnataka | Mutual Fund

We do not give specific investment advice. Your investment decision should be based on your objectives, risk tolerance, current investment portfolio and other factors. You should consult with your financial... Read More

Want to invest in Large Cap Fund for 5 years

I want to invest 2000 rupees for a span of 5 years in large cap mutual funds. Could you please suggest which are good mutual funds to invest in among SBI Blue Chip Fund-Direct Plan-Growth, Franklin Templeton Blue Chip Fund-Direct Plan-Growth and ICICI Prudential Focused Blue Chip fund? Could you please recommend any other good Mutual Fund?

Sep 21, 2015 by Sravan, Hyderabad | Mutual Fund

You have selected good large cap funds. While SBI Blue Chip Fund has delivered higher returns the other two in terms of near term performance, all the three funds have excellent long term track record... Read More

Want to do a SIP for Rs 5000 but I am a conservative investor

I am 61 years old a retired doctor engaged in private practice with presently a monthly come of 80,000 per month. Most of my money has been kept in Banks as FD as I have poor experience with shares and mutual funds. I am a single person and would now like to invest in this fallen market about Rs 5000 per month as SIP. Could you suggest some Mutual funds. I am somewhat a conservative investor but can afford to take some risk?

Sep 18, 2015 by Uttam Kumar Dasgupta, Kolkata | Mutual Fund

Your decision to invest in equities is wise because even though you are retired you have monthly income from your private practice and can afford to take some risks. While it is unfortunate that you had a poor... Read More