Mutual Fund Queries

If I invest now when can I get the dividend from ICICI Prudential Balanced Fund

If I invest in ICICI Balanced Fund for Monthly Income Fund, when I can start getting monthly interest?

Aug 20, 2017 by R.M. Parkhi, Pune | Mutual Fund

It seems you want to know about the monthly dividends announced/ paid by ICICI Prudential Balanced Fund. Please note that ICICI Prudential Balanced Fund has 3 dividend payout frequency options... Read More

Have I invested in right funds to get 1 Crore in year 2025

I am 57+ with mod risk tolerance. I already have a retirement corpus based totally on fixed income instruments. I want a wealth creation portfolio of Rs 1 cr by 2025 and have started investing from March'17. It is primarily equity-based. Will you please find time to have a look at it and give your valuable opinion. All funds are of direct plan and growth option - SBI Bluechip lump sum 6L - SIP/month - 20000, Mirae Opportunities lump sum 1L - SIP/month - 25000, Most Multicap lump sum - 4.5L - SIP/month - 20000, Mirae Bluechip SIP/month - 25000, HDFC Balanced lump sum 2.5L - SIP/month 15000, ICICI Balanced lump sum - 4.5L - SIP/month - 15000. Your last answer was extremely balanced and beneficial. It has lured me to ask for this favour?

Aug 19, 2017 by Ranjan Kumar Ghosal, | Mutual Fund

Glad to hear that you find our answer extremely balanced and beneficial. As you already have a retirement corpus based on fixed income, you can invest more in balanced fund as discussed in your last query... Read More

Is there any short term capital gains tax on ICICI Prudential Banking and PSU debt fund

Is there any short term/long term Capital Gain Tax if I invest my surplus funds in this fund?

Aug 19, 2017 by Vitthal Gharpure, | Mutual Fund

Yes, there is a short term capital gains tax in case of this fund or for that matter any debt fund. The profits made on investment of this fund (even on all debt funds and hybrid debt funds) within 3 years will be... Read More

Will the SIP maturity amount be fully taxable

I have a doubt that imagine I started SIP in 2000 and ended on 2010 the Investment made by me was 10 Lakhs and the maturity amount was 30 Lakhs. So the profit was 20 lakh + 10 lakh capital. There will be no tax since I held each instalment over an year. Am I right. Now my question is - My Regular income slab is upto 4 Lakh per annum. So now my income will be arise from 4 lakh + 30 lakh = 34 lakh. While making return File do I need to pay TAX on for 4 lakh or for 34 lakh confused. Please help me?

Aug 18, 2017 by Vishal Jadhav, Karad | Mutual Fund

If you are investing through SIPs in equity and balanced mutual fund schemes, then all the gains made after one year will be treated as long term capital gains and that will be completely tax free. Therefore, as... Read More

What are the charges for direct and regular plans of mutual funds

What are all the charges applicable in Mutual Fund in Direct Plan and Regular Plan. Please tell me?

Aug 18, 2017 by Vishal Jadhav, Karad | Mutual Fund

Mutual funds declares NAVs daily post adjusting the total expenses from the daily net assets. The total expense ratio in case of regular and direct plans are different. The direct plans have lower expense ratio... Read More

Can you analyze the portfolio risk of my funds

I have SIP of 200 each in Franklin High Growth Fund, Franklin Prima Fund, Smaller Companies Fund, DSP Mid and Small Cap Fund, Mirae Asset Emerging Bluechip Fund and BSL MNC Fund - all in Direct - Growth Plan. Please can you analyse how much risky is the portfolio and market cap percentage in terms of large, mid and small?

Aug 17, 2017 by Jhulan Dey, Singur | Mutual Fund

You have invested in mid & small cap funds, diversified equity fund and a thematic fund. These funds carry moderately high to high risk and suitable for at least 5 years investment horizon if your risk profile... Read More

What are the best mutual funds to invest as I am retiring

Retiring in 02.20. Will get 2 cr want 40000/month+6% inflation/year for 25 years risk app moderate which MF at what% to invest?

Aug 17, 2017 by Ranjan, Durgapur | Mutual Fund

Please note that as you are retiring, your prime objectives should be to earn as much regular income as possible without taking much risk. Therefore, request you to read the following - You can invest part of the... Read More

Let me know about Escorts Tax Plan and Axis Long Term Equity Fund

I have started investing in Axis ELSS in SIP mode, and I also want to invest in ESCORT ELSS. Should I continue with Axis ELSS. Only or split the money equally in both the funds. Please guide me. Also let me know about these both ELSS scheme & particularly ESCORT ELSS is a good fund or not?

Aug 16, 2017 by Rajan Khatri, | Mutual Fund

Good to hear that you have started investing in ELSS funds and already invested in AXIS Long Term Equity Fund. See the complete scheme performance from here... Read More

What is benchmark of mutual funds

How does effect the different benchmark of different mutual funds schemes in accruing the Wealth?

Aug 16, 2017 by Kumar Saroja Nand, Jhanjharpur | Mutual Fund

Mutual fund benchmarks does not affect the mutual fund schemes or its performances. A mutual fund benchmark is a standard against which the performance of a mutual fund scheme can be measured. Since... Read More

How to invest in a mutual fund for beginners

I am new in mutual funds. I want to invest Rs. 1 lakh and Rs. 10000/month SIP. I want medium risk and horizon of 5 years. Please suggest me some funds name in which I can do investment and get handsome returns?

Aug 16, 2017 by Ankit, Noida | Mutual Fund

Glad to know that you want to start investing in mutual funds. As you are new to mutual funds, we would request you to go through the following section in our website... Read More