Mutual Fund Queries

Should I continue with my existing mutual fund SIPs

My age is 29 and I was invested in UTI Opportunities (Rs. 1500) for past 5 years and it is over due now and I would like to invest that 1500 (for next 10 years with higher returns). Due to poor performance of UTI Opportunities, I don't want invest on the same. Please suggest what I can do. My option will go for UTI Mid Cap and switch that UTI Opportunities to UTI Midcap and continue start investing on UTI Midcap Fund or keep that UTI Opportunities as it as (without redemption) and start investing on the new fund Mirae Asset Emerging Bluechip (mid cap fund). Please advice which will be the best option for me. Note: I'm already investing in ICICI Pru Discovery Fund (Rs. 2000), and IDFC Premier Equity Fund (Rs. 2000)?

Aug 22, 2017 by Baskar G, | Mutual Fund

Yes, you are right. The performance of your existing SIP scheme is not comparable to the other top performing funds in that category, therefore, you must replace it with a better fund. Yes, your selection of... Read More

Have I selected the best mutual fund schemes for my SIPs

I am 36 year old and new investor in mutual fund. I have 4 fund 2000 each those are SBI Blue Chip, ICICI Blue Chip, HDFC Midcap and DSP BlackRock Multicap. Wanted to invest longer time more than 15 year. Is it the write choice and how much would be the total corpus after 15 years?

Aug 22, 2017 by Bangshi Bera, Nashik | Mutual Fund

Yes, you have selected 3 good schemes for your monthly SIPs. With regards to the 4th scheme, DSP BlackRock Multicap, please note that no scheme with this name exists. May be you are referring to DSP... Read More

Have I selected best mutual funds from few categories

Advisorkhoj team, Firstly thank you for all your informative articles and suggestions on investing wisely, it sure helps in investing smartly using your suggestions. I have invested Rs 1 Lac each in the following funds w.e.f. April 2016, would appreciate if you could let me know if the funds selected are correct and how much time should I keep invested in it - 1) DSP BlackRock Focus Fund - Regular plan - Growth, 2) HDFC High Interest Fund - Dynamic Plan - Regular plan - Growth, 3) ICICI Prudential Long Term Equity Fund (Tax Saving), 4) Kotak 50 Equity Scheme, 5) Reliance Dynamic Bond Fund - Growth Plan?

Aug 22, 2017 by Ashley Fernandes, India | Mutual Fund

Thank you very much for the kind words about Advisorkhoj. We are glad that you find our suggestions and articles on the website useful and wise. You have invested in 5 funds - two from the large cap, one from... Read More

What should be the percentage allocation to various mutual funds

I have started with 4 MFs and planning to keep on the same for the long run(20+ Years). 2 - Large Cap (Kotak Select Focus Fund - Direct Plan (G), Birla Sun Life Top 100 Fund - Direct Plan (G)), 1 - Mid Cap (L&T Emerging Businesses Fund - Direct Plan (G)) and 1 - Balanced Fund (HDFC Balanced Fund - Direct Plan (G)). Initially, I have started with 5k but by the start of next year, I will increase this to 10k altogether. Please suggest the amount allocation at present and for the next year plan. It would be good if you could provide me the percentage allocation for each of this 4 funds?

Aug 21, 2017 by Bravo Bimo, Bangalore | Mutual Fund

Please note that there is no thumb rule for standard percentage allocation for different category of mutual funds. This should purely be based on your risk profile, age and the investment objective... Read More

How the gains made in the stocks reflected in mutual fund NAV

Your team doing wonderful and informative work in spreading the basics of mutual funds. Congrats for that. My query is in mutual fund equity holding if particular equity say X company share price appreciate or increase in end of the one trading day then how the appreciated value gets Incorporated in NAV after deducting funds expense ratios, like if price share increases to 130rs/share from 100rs then how that 30rs gets added to NAV? Also how honestly fund manager will add ALL the entire gains he made during selling of equity holding if it's appreciated in current market to the fund from where he sold the equities? Is it possible that they can keep some part of gains without disclosing it to the investor or not added to fund NAV because common investor can't know how sincerely/honestly they distribute gains if made any to the fund after deducting their fund expenses? Just doubt as in direct equity like stock market if gains made any will be given to the investor after taking brokerage charges?

Aug 21, 2017 by Ravi, Kolhapur | Mutual Fund

At the outset, I thank you for the kind words about Advisorkhoj. With regards to your query, kindly note that the price of the stocks held in the mutual fund portfolio keeps changing every day post closure of the... Read More

Have I invested in top mutual funds for 5 to 10 years period

Thanks for nice informative website. I am currently investing in following funds of amount Rs. 2000/- month. 1) Birla Sun Life Pure Value Fund (G), 2) DSP BlackRock Micro Cap Fund - Regular Plan (G), 3) Kotak Select Focus Fund - Regular Plan (G), 4) L&T India Large Cap Fund - Direct Plan (G), 5) Reliance Mid & Small Cap Fund - Direct Plan (G), 6) SBI Magnum Midcap Fund (D). Are they right choice to 10 years horizon? I am looking for more investment for 5-10 years time line. Please can you suggest best MF's. Do you have any option for investing lump sum amount for 2-3 years time line?

Aug 21, 2017 by Prit, Pune | Mutual Fund

Thanks for the kind words about Advisorkhoj. You have invested in good funds across large cap and mid cap fund categories and the portfolio is moderately aggressive and suitable for 5+ years investment horizon... Read More

How is my SIP mutual fund selection

I would like to seek your advice on the following MF investments. 1)Kotak Select Focus Fund (G) - SIP of INR 3000, 2) Motilal Focused Multicap 35 (G) - SIP of INR 3000, 3) HFDC Midcap opportunities fund - SIP of INR 3000, 4) SBI Small and Mid cap fund - SIP of INR 2000, myself 27yrs old, looking forward to invest for a long time 15-20 years or so. Currently I hold similar folios from SBI since July 2016 a) SBI Blue Chip - INR 3000 SIP, b) SBI Midcap Fund - INR 3000 SIP, c) SBI Multicap Fund - INR 3000 SIP. What would your opinion on this selection?

Aug 21, 2017 by Kiran Srinivas, Hamburg | Mutual Fund

You have selected good funds for your SIPs. But we would like to know if you have already started the SIPs or yet to start. If you are yet to start, then kindly note that SBI Small and Midcap Fund is not accepting... Read More

Should I start drawing monthly SWP from my mutual fund investments

I am a retired person, from a public sector bank, aged 60+. I have made the following MFs - 1. SBI Blue Chip - Growth - 30-09-2016 - Rs. 2 lacs, P.V. Rs. 2.27 lacs, 2. SBI Magnum Balances - Growth - 03-10-2016 - Rs. 2 lacs, P.V. Rs. 2.22 lacs, 3. Tata Balanced - Growth - 03-10-2016 - Rs. 2 lacs, P.V. Rs. 2.16 lacs, 4. Franklin India Smaller Cos. - Growth - 04-11-2016 - Rs. 2 lacs, P.V. Rs. 2.32 lacs, 5. BSL MIP Wealth 25 - Growth - 19-01-2017 - Rs. 2 lacs, P.V. Rs. 2.19 lacs. I want to withdraw Rs. 2000 from each fund every month as SWP to get Rs. 10,000. Can I do it now or I have to wait one year from the date of each investment. As I am now retired can I withdraw as my tax liability will be minimum. Please guide me?

Aug 21, 2017 by B L N Swamy, Hyderabad | Mutual Fund

Even though you have invested in good funds, are you aware that investing in a mid and small cap fund (Franklin India Smaller Companies Fund) may be riskier for you as you are retired? As mid and small cap... Read More

Can you suggest some good FMP Mutual Funds

Suggest good FMP mutual funds presently to safe guard the capital & good returns after 3 years of holding?

Aug 20, 2017 by Ashok Kumar Singhal, | Mutual Fund

Fixed maturity plans are not open ended funds as such they are not available all the times for subscription. However, currently new fund offer of a FMP plan by UTI Mutual Fund is on and you can subscribe... Read More

Can you explain few points about STP

One advice needed. If I wish to park some money and do regular STP in MF, then what is that fund known as? Is it liquid fund? Also all MFs are having liquid funds with there AMC? Also do I gain some interest on it and is it taxable? Also can you let me know by example which companies are having liquid fund and there fund name?

Aug 20, 2017 by Harshu Singh, | Mutual Fund

Yes, if you wish to park your investments for doing STP to equity or balanced funds, it should be in liquid funds or ultra-short term funds. All AMCs have liquid fund/ ultra-short term funds in their product basket... Read More