Mutual Fund Queries

Is ICICI Prudential Banking and Financial Services Fund good for long term

Is ICICI Banking and Financial mutual fund is best for long term lump sum investment with a time horizon of 15 years. Because this fund has shown a lot of growth in past. Can you please suggest me?

Aug 11, 2017 by Himanshu Kumar, Chennai | Mutual Fund

ICICI Prudential Banking and Financial Services Fund is a sectoral fund and invests only in banking and financial services sector in India. Any sectoral fund can be riskier compared to other equity fund categories... Read More

Will SBI officer help me filling up SBI Magnum Multicap fund form

SBI Magnum Multi-Cap Fund, are you sure, that the SBI officer Will help for completing the forms?

Aug 10, 2017 by Channdra Shekhar Singh, | Mutual Fund

Any officer or any staff member of SBI branch should help you not only in filling up the mutual fund application from but with your investments as well. In case you do not have a SBI Branch near your place, you can... Read More

Where to invest my money as I am retired

Please guide us to invest where our money. We are retired personal?

Aug 10, 2017 by Satbir Kaur, | Mutual Fund

We have replied to a similar query which you might like to read... Read More

What about best SIP plans now for 5 years

What about best SIP plans now for 5 years?

Aug 10, 2017 by Abakash Mahapatra, | Mutual Fund

You can invest in equity mutual funds for 5 years. However, there are many a categories in equity mutual funds and selection of funds from those should be based on your risk profile. There are mainly 3... Read More

Is UTI Balanced Fund good for SIP

Is UTI Balanced Fund good for SIP?

Aug 9, 2017 by Jay Kalal, | Mutual Fund

There are better funds in the balanced fund category as given below. You may start a SIP in any... Read More

Monthly dividend paying mutual funds

I am a retired Indian Overseas Bank Officer and expects to receive monthly dividend at par with bank FD interest. Please suggest me few such Mutual funds. One of my friend suggest to invest in HDFC Prudence Fund which pays monthly dividend. I want to get clarification on how the invested principal amount will be safe even after paying monthly dividend on monthly basis?

Aug 9, 2017 by Mohan Guruputra Kesari, | Mutual Fund

If you invest in mutual funds, then you can get much better return or dividends over bank fixed deposit interest. However, investing in mutual funds has some risk and I am sure as an ex-banker you are aware... Read More

Should I invest in thematic or diversified equity mutual funds

I am looking to park 10-15 Lakh rupees for 3-5 year time horizon, Shall I invest in any thematic fund or shall I invest in Diversified Equity Fund in Lump sum mode. Looking for your advice?

Aug 9, 2017 by Sharma Pappu, | Mutual Fund

To invest in thematic or diversified equity funds, your investment horizon should ideally be 5 years. You have mentioned the period as 3-5 years but we think you should keep it as 5 years. Within these two... Read More

What is your view on HDFC Prudence Fund

What is your view for investing Rs. 10 lakhs in HDFC Prudence Fund (monthly dividend paying). What is the current NAV and monthly dividend?

Aug 8, 2017 by RC, | Mutual Fund

HDFC Prudence Fund is a very popular balanced fund with highest AUM of around 29,000 Crores in this category. The fund has a long term track record of good performance and a enviable track record of monthly... Read More

How to switch from dividend option to growth option in HDFC Prudence Fund

I want to switch from Dividend Payout to growth in HDFC Prudence Balance fund I purchased it in March 17. How can I?

Aug 8, 2017 by Ram Singh, Mansa | Mutual Fund

Yes, you can easily switch from dividend payout option to growth option of HDFC Prudence Fund. All you have to do is to sign a switch form and mention the number of units or all units (whatever you want), sign... Read More

Is investing through SIP in ICICI Prudential Value Discovery Fund good

Is investing in ICICI Pru Value Discovery Fund through SIP a good decision or not?

Aug 8, 2017 by Amrita Srivastava, Allahabad | Mutual Fund

Yes, it is a good decision to invest through SIPs in ICICI Prudential Value Discovery Fund. ICICI Prudential Value Discovery Fund is a top performing diversified equity fund with a great out-performance track... Read More