Mutual Fund Queries

Please provide information about UTI Floating Rate Fund Short Term Plan

UTI Floating Rate Fund scheme details and benefits please?

Aug 3, 2017 by Prodush Ranjan Das, Kolkata | Mutual Fund

UTI Floating Rate Fund Short Term Plan is a ultra short term debt fund and ideal for your investment needs of 1 day to 1 year or more. The fund has performed well over the years and beaten the category... Read More

Let me know monthly dividend paying balanced funds for senior citizens

What is Indexation Benefit and how is it calculated? Suggest some ideally good balanced fund with monthly dividend payout for the senior citizens?

Aug 3, 2017 by Kanak Kumar Das, Kolkata | Mutual Fund

To know about indexation benefit and how it is calculated, please refer to this... Read More

Which mutual funds to invest Rs 25 Lakhs for 10 years

I would like to invest 25 lakh lump sum amount at once. Could you suggest me funds which can yield maximum return in upcoming 10 years. My adviser says that I must go for balanced funds and transfer whole amount with in 6 month through STP. Is it right way or STP period should be long and the category of funds is right, if you can suggest me the best balanced funds?

Aug 2, 2017 by Arvind Kumar Singh, Meerut | Mutual Fund

Your advisor is not wrong when he says that you should invest in balanced funds through STP of 6 months. However given that your wish is to 'get maximum return in upcoming 10 years', you might as well... Read More

Can I invest in Axis Long Term Equity Fund

Keen to start SIP in Axis Long Term Equity for next 8 years. Please advice?

Aug 1, 2017 by Partha Sarathi Roy, Bandel | Mutual Fund

Yes, you can invest in AXIS Long Term Equity Fund. The fund has a long term track track of superior performance in the ELSS category and could be a good fit for your long term SIP. Please check the AXIS Long... Read More

Should I shift my investments from equity funds to balanced funds

I am aged 55 years and have just taken early retirement. I am thinking of shifting my existing investments from Equity Oriented MF to Balanced MF as I am a bit concerned that the markets may turn choppy in the near future and I don't want to lose the profits I have made till date in my Equity MF. Do you think this is a good plan? Please advise your thoughts?

Aug 1, 2017 by Harish Sadasivan, Bangalore | Mutual Fund

Shifting of funds from equity to balanced should be based on your risk appetite and investment horizon. If your investment horizon is 5+ years you can still remain invested as the markets look pretty good for... Read More

Can you please suggest monthly dividend paying funds

1. Can you please suggest five good monthly dividend paying funds? 2. How to identify open ended, close ended, monthly dividend paying funds, only SIP accepting funds?

Aug 1, 2017 by AVR, Hyderabad | Mutual Fund

You can see monthly dividends of all the popular mutual fund categories from our mutual fund... Read More

How can I reach my various financial goals

I had started three SIP's last June of INR 2000 each comprising of Franklin India Smaller Companies Fund, HDFC Balance Fund and ICICI Value Discovery Fund (all Direct plans). From this month onwards, I have increased each SIP amount to INR 2200. My investment goals are: 1) I have an one year old daughter for whom I would require 7 lacs in say 5 years time for school admission etc.? 2) I would require INR 29 lacs in 17 years time for her higher education? 3) Current monthly expenses are around 81k which includes home loan EMI of 28k which would end in 15 years time; considering these I would need to build a post retirement corpus assuming I work till 60 years (current age 36). I have considered inflation of 6.5% for the first two goals. Please suggest on how to go about the above goals; is my portfolio and the SIP amount good enough; I assume not; then what would be a suitable portfolio and the corresponding SIP amount that I need to follow?

Jul 31, 2017 by Jay, New Delhi | Mutual Fund

Let us first know how much you need to save for each of the goals - Rs 7 Lakhs after 5 years for school admission - Monthly savings required is Rs 8,200 for next 5 years based on assumed annual... Read More

Should I continue SIP in ICICI Prudential Value Discovery Fund

I have SIP in ICICI Value Discovery Fund for the last three years. But this fund is not giving good returns as compared to its peers fund. Should I stay invested or move to another fund?

Jul 31, 2017 by Kulvinder Singh, West Delhi | Mutual Fund

The answer is yes, you should continue with your investments in ICICI Prudential Value... Read More

Can you please provide details of HDFC Prudence Fund

Good information, please provide some information about HDFC Prudence Dividend Balance Fund?

Jul 30, 2017 by Shashi Mohan, | Mutual Fund

Here are the details fro HDFC Prudence Fund - Regular plan - Dividend option... Read More

As I am retiring where to invest my money for 4 to 5 years

I'm recently retired and want to invest 10lac, for 4-5 years please suggest where to invest to appreciate the same suitably?

Jul 30, 2017 by JP, | Mutual Fund

As your investment objective is capital appreciation after 4-5 years, you can invest in balanced funds provided you are ready to take moderate risk. Balanced funds invests up to 65% in equities and rest in debt... Read More