Mutual Fund Queries

Choice of Mutual Fund SIP Schemes

I am 25 years old working as Software Engineer, I would like to invest in Mutual Funds for a span of 5 years as SIP. Details are follows: 1. ICICI Prudential Focused Bluechip Fund- 1500 Rupees, 2. Franklin India High Growth Option - 1500 Rupees, 3. ICICI Prudential Value Discovery Fund - 1500 Rupees, 4. Franklin India Smaller Companies - 1000 Rupees, 5. Birla Sun Life Long Term Advantage Fund - 1000 Rupees. Could you please suggest whether the above portfolio is good choice of investment for good returns or any changes are required. I will also be grateful if you recommend me any other good Mutual Funds?

Sep 15, 2015 by Sravan, Hyderabad | Mutual Fund

You have chosen very good funds. These funds are all highly rated and have given excellent returns over the last 3 years. Large cap and multi cap diversified equity funds comprise approximately 62% of your SIPs... Read More

Article on Term Plan versus Mutual Funds

Few days back I read Term Plan versus Mutual Funds Article. please send that Article?

Sep 9, 2015 by Raju, Hyderabad | Mutual Fund

Thanks for writing to us. Here is the link https://www.advisorkhoj.com/articles/Financial-Planning/Term-Insurance-and-Mutual-Fund-or-ULIP:-Which-is-a-better-option?... Read More

Can USA NRIs invest in Mutual Fund in India

My friend is an NRI living in USA. I would like to know if he can invest in MFs. If so, are there any restriction applicable for an NRI. Please advice?

Sep 9, 2015 by Arun, Hyderabad | Mutual Fund

Unfortunately, most mutual fund houses do not take investments from NRIs residing in US or Canada. However, a few AMC’s do take investments from NRIs residing in US or Canada. You or your friend or his... Read More

What is the best SIP investment

I with a age of 34 years doing service. I can save my earning Rs. 5000 per month. I would like to start SIP or investment. I am confused to which SIP should be select and for which period i.e. 6 month, 1 year, 2 year, 3 year or more for long term. I am seeing with different portal that 1 year SIP is giving more return. Should be go with these or go with long time SIP. Which fund sector should also be selected i.e. Equity, Infra and Diversify?

Sep 9, 2015 by Vijay Bansal, | Mutual Fund

Firstly you have made the right decision to invest in mutual funds through monthly SIP. If you choose the right mutual funds and continue your SIP over a long period of time, you will be able get excellent... Read More

SIP for Retirement Planning

I want to invest monthly Rs. 4000 in SIP's (Mutual funds) for my retirement purpose. Please suggest me the best Mutual Funds for retirement purpose in long term basis?

Sep 2, 2015 by Sunil Kumar, Chennai | Mutual Fund

You have not indicated your age or time horizon to retirement. If you have a long term investment horizon you should invest through monthly SIP’s in diversified equity funds. Multicap or flexicap diversified... Read More

Monthly and Quarterly Returns from Mutual Fund MIPs

I want MIPs, so where to invest to get maximum return that is Monthly or Quarterly?

Sep 2, 2015 by Dileswar Naik, Sundergarh | Mutual Fund

In the context of mutual funds, investors should understand that there two components in total returns Dividends and Capital Appreciation. In other words, the fund may payout the profits of the scheme to the... Read More

Where to invest money to get monthly income

I am Pradeep 60 years, working in Dubai. I may retire after 2 years? Please advice how and where to invest Rs. 6 lakh to get a monthly income after 2 years onwards?

Aug 31, 2015 by Pradeep Madathil, Thiruvananthapuram | Mutual Fund

We do not give specific investment advice. Your investment choice should be based upon your income needs, your current and required asset allocation and other specific requirements that you may have. You... Read More

How to generate monthly income for my mother

Investment goal is on Lump sum but return award should be monthly. For my Mother. She is above 60 year .She had 800000 INR. Best possible way to generated Monthly income from Lump sum. Monthly Income requirement is 5 K. Could you please suggest me any fund where i can park these money can generate monthly income for mother.

Aug 27, 2015 by chandan, Chennai | Mutual Fund

Since your mother is over 60 years, capital safety should be an important consideration for her. However, if she is just above 60, you should also ensure that her capital lasts for a long period of time. Inflation... Read More

SIPs in Mutual Fund

I Have Invested in SIP. Details are follows: RELIANCE BANKING FUND (GROWTH) - 1000/- PM Since NOV-2010, UTI MNC FUND (GROWTH) - 2000/- PM Since May-2015, AXIS ELSS FUND (GROWTH) - 3000/- PM Since May-2015. All of the funds have been selected for long term investment of 15 years. My question is, have I chosen the funds wisely? And I would like to start one more SIP of 2500/- PM in Mid Cap Fund category for about 12 years. Can you please suggest me good funds for investment?

Aug 19, 2015 by Dwarkesh, Gwalior | Mutual Fund

You have chosen a Banking sector fund, a thematic (MNC) fund and equity linked savings scheme. For your 80C tax saving, you have selected one of the best ELSS funds and you should continue your SIP in... Read More

What is the best debt fund to park 15 lakh Rs for 3 Years

What is the best debt fund to park 15 lakh Rs for 3 Years?

Aug 19, 2015 by Mohit, Delhi | Mutual Fund

Since you have a three year investment horizon, you can opt for long term debt funds or credit opportunities funds depending upon your risk appetite. If you have the appetite for volatility, then you can opt for long... Read More