Mutual Fund Queries

Am I investing in best performing mutual funds

I need suggestion. I feel I have missed the bus as it has been 10 years of job and no savings / MF as such. But it is never too late. I need suggestions on below. I have started a SIP of around 16000 as below. My horizon is around 10 years. 1. HDFC Prudence - 3000, 2. L&T Prudence - Rs 3000, 3. Franklin India Prima Plus - Rs 4000, 4. Birla Sun Life Equity Fund - Rs 4000, 5. Mosl 30 - Rs 2000. In addition I had 2 Lakhs surplus. Which I have distributed as below. 1 Lakh for liquidity & Rest 1 lakh for high return Liquid 1. Birla Sun Life Cash Manager = 25000, 2. Franklin India Ultra Short Bond Fund Super Institutional fund:- 25000, 3. Reliance Money Manager:- 50000. 1. HDFC Balanced = 15000, 2. Reliance Regular Savings Fund Rs 15000, 3. L&T Emerging Business Fund Rs 25000, 4 Reliance Small Cap = 25000, 5. DSPBR Opportunities Fund. Please advice if I am in right direction or suggest improvements?

Aug 16, 2017 by Alok, Noida | Mutual Fund

It is never too late to start your investments! There is no point regretting what opportunity you have already lost as you can always make a fresh beginning by starting to invest in mutual funds for the long term... 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 draw a regular income from Aditya Birla Sun Life Balanced 95 Fund

My current investment Corpus in Birla Sun Life 95 Fund Regular is 12885351 accumulated since inception and I have rarely withdrawn any funds from this investment. Now I am 73 years old. I would like to regularly withdraw about Rs. 100,000 per month beginning 01-01-2018 for about 15 years. Could you set up calculation table for me. From your sample calculation I have tried and failed?

Aug 15, 2017 by Dhiren Sharma, Anaheim | Mutual Fund

Great to hear that you are an investor in Birla Sun Life Balanced 95 Fund since inception (The scheme name is now changed to Aditya Birla Sun Life Balanced 95 Fund). We hope you enjoyed the great investing... Read More

Have I invested in best performing mutual funds

How is the performance of following funds:- HDFC Top 200, ICICI Value Discovery Fund, L&T Prudence, Kotak Select Focus, Axis Long Term Equity, SBI Magnum, Birla Sun Life Frontline Equity. Which is best among all the above funds or do I need to switch from any of the above mentioned funds. Is it advisable to invest lump sum amount in mutual fund right now keeping in mind market conditions? If yes in which mutual fund?

Aug 15, 2017 by Satish, Delhi | Mutual Fund

ICICI Prudential Value Discovery Fund, Kotak Select Focus Fund, L&T India Prudence Fund and Birla Sun Life Frontline Equity Funds are among the top performing funds from their respective categories... Read More

Which are best mutual funds for SIP

I plan on doing a SIP of Rs. 80,000 per month and to invest in diversified and large/midcap equity funds. Based on my research based using AdvisorKhoj, I have short listed the following: HDFC Equity Fund, HDFC Top 200 Fund, Franklin India Prima Plus, Birla Sun Life Equity Fund, Franklin India Bluechip Fund, SBI Magnum Multiplier Fund, ICICI Prudential Top 100 Fund, Reliance Growth Fund. Can you kindly advise if the above funds are good choices as long-term (25 years) investment tools?

Aug 15, 2017 by Karthik, Hyderabad | Mutual Fund

Great to hear that you want to invest in mutual fund SIPs for next 25 years. It seems that you have selected funds with highest historical returns. Investing in funds with good historical returns alone should not be... Read More

Should I invest in DSP BlackRock Natural Resources and New Energy Fund

What is your advice for DSP BlackRock Natural Resources & New Energy Fund D/G for long term ? 1 to 3 years It has 20+% return. Should I start SIP + lump-sum on it for long term?

Aug 15, 2017 by Yogesh Saroya, Jaipur | Mutual Fund

DSP BlackRock Natural Resources and New Energy Fund is a thematic fund and has good past... Read More

Which mutual fund is best to invest for wealth creation

I'm 38 years old male. I'm making a SIP investment in these mutual funds since last 18 months: 1. Birla Sun Life Equity Fund - (G) - 2000/pm, 2. Birla Sun Life Frontline Equity Fund - (G) 3000/pm, 3. Birla Sun Life Top 100 Fund - (G) 2000/pm, 4. Franklin India Prima Fund - (G) 2000/pm, 5. Franklin India Prima Plus - (G) 4000/pm, 6. HDFC Balanced Fund - (G) 3000/pm, 7. HDFC Mid-Cap Opportunities Fund - (G) 2000/pm, 8. ICICI Prudential Value Discovery Fund - (G) 4000/pm, 9. L&T India Prudence Fund - (G) 2000/pm, 10. Franklin India High Growth Companies Fund - (G) 2000/pm, 11. ICICI Prudential Balanced Fund - (G) 2000/pm, 12. Kotak Select Focus Fund - (G) 2000/pm, 13. L&T India Value Fund - (G) 2000/pm, 14. SBI BlueChip Fund - (G) 2000/pm. Objectives and time horizon: 1. I'm saving for my daughter's education and marriage. Time horizon: 18-24 years, 2. My retirement: 22 years, 3. Wealth creation I want to generate a corpus of about 4 - 5 crores in around 20 years. Kindly look at my portfolio and suggest recommendations. I want to reduce the number of schemes. But finding it very difficult and confusing to decide which one to retain and which one to remove?

Aug 15, 2017 by Vandan Nagar, Mumbai | Mutual Fund

Good to note that you have chosen to invest through monthly SIPs for long term wealth creation and meeting your various financial goals. With Rs 34,000 monthly SIP, you can expect to create a corpus of... Read More

Which mutual fund is best for long term investment as I am jobless

I lost job in January 2017 and since waiting to get a new one. I was working in Saudi Arabia. But in last 5 years I was saving and keeping all money in my bank savings account. Now I am investing that money in Mutual fund. My purpose of investment are; 1. Invest in Mutual Funds to grow the money for at least for 5 to 10 year while I will review my portfolio after every completed year, 2. To get some monthly dividend to manage home (school fees, house loan EMI, insurance instalments, Bill pay and day to day expenses etc) for 1 year or until I get job, 3. What ever I earn from mutual fund should be tax free, 4. I am 38 so taking a term insurance on 1.25 Crore, 5. Medical Insurance is already there for self and family, 6. Keeping 50,000 in savings account, 7. If any major emergency comes so I will liquidate one the large cap fund. Here is my Plan 1. HDFC Prudence Fund - Direct Plan - Monthly Dividend Payout - Invest 7 Lakh, 2. ICICI Prudential Balanced Fund - Direct Plan - Monthly Dividend Payout - Invest 5 Lakh, 3. Reliance Regular Savings Balanced Fund - Monthly Dividend Payout - Invest 8 Lakh, 4. HDFC Balanced Fund - Direct Plan - Dividend Payout - Invest 2 Lakh, 5. DSP BlackRock Opportunities Fund - Direct Plan - Dividend Payout - Invest 2 Lakh, 6. Motilal Oswal Most Focused MultiCap 35 - Direct Plan - Dividend Payout - Invest 2 Lakh, 7. Birla SL Top 100 - Direct Plan - Dividend Payout - Invest 2 Lakh, 8. Birla SL Frontline Equity - Direct Plan - Dividend Payout - Invest 2 Lakh, 9. ICICI Prudential Focused Bluechip Equity - Direct Plan - Dividend Payout - Invest 2 Lakh, 10. SBI Bluechip - Direct Plan - Dividend Payout - Invest 2 Lakh, 11. L&T Midcap - Direct Plan - Dividend Payout - Invest 1 Lakh. I have not opted for Debt Funds as I don't want short term investment and I don't want to have head ache of Taxes. Kindly advice on * above selection of funds, * number of funds, * my strategy, * if I should replace any fund with your best advice?

Aug 14, 2017 by Kumar, Delhi | Mutual Fund

While we feel sorry to hear that you have lost your job, we hope that you will get one soon. You have rightly invested in mutual funds to built up a second income especially when you do not have a salary... Read More

Which is the best mutual fund to invest now

I am 23 years old and I am student. I have savings of around 2000 monthly and want to invest in mutual funds for >10 years horizon. I am moderate risk taker. I want to invest in SIP monthly in balanced funds direct growth of HDFC Balance Fund (Rs 1000) and L&T Prudence (Rs 500) monthly. For Rs 500 I want to invest in Kotak Select Focus or Birla Sun Life Advantage Growth. Is it advisable to invest in ICICI Prudential Value Discovery Fund. Due to reduced returns in last 3 years I have opted for Kotak and Birla Sun Life. Please provide any advice on the investment?

Aug 14, 2017 by Akash, Hyderabad | Mutual Fund

Glad to hear that you want to start investing in mutual funds from a very young age. Your fund selection is more or less good. But our suggestion would be to invest in HDFC Balanced Fund in place of HDFC... Read More

Have I selected best performing mutual funds

Review investments and suggest: My current investments in MF are for 15 years using SIP. All investments are in Direct-Growth. Axis Long Term, ICICI Pru Value Discovery, HDFC Balanced, Mirae Asset Emerging Bluechip. (SIP of 2500/month from 2015) 1. Is the portfolio appropriate. My age is 32 Years. 2. I want to add one more multicap fund to my portfolio. Can you please suggest. (I am planning to add Motilal Oswal Most 35 Multicap. But it has portfolio overlap of 30%. Hence please suggest one or two funds.) 3. Suggest one more balanced fund. 4. I am handling my debt investments using PPF and FD?

Aug 14, 2017 by Mukul, Chandigarh | Mutual Fund

You have selected good mutual fund schemes for your SIP investments and it is a good fit for your long term portfolio. However, reviewing your mutual fund portfolio once every year is must just to ensure if... Read More