Mutual Fund Queries

Can you suggest MF schemes for increasing my SIPs

Please suggest additional SIP of 25,000/month. At present I am holding following SIP - 1. Birla SL Advantage - G (10,000/month), 2. Birla SL Banking & Financial Services Reg - G (25,000 per month), 3. DSPBR Small and Mid Cap Reg - G (10,000 per month), 4. Franklin India Smaller Companies - G (5,000 per month), 5. HDFC Balanced - G (25,000 per month), 6. HDFC Mid-Cap Opportunities - G (10,000 per month), 7. Kotak Select Focus Reg - G (10,000 per month), 8. Reliance Small Cap - G (5,000 per month)?

Jul 15, 2017 by Rajendra, Ahmedabad | Mutual Fund

The overall scheme selection for your current SIP portfolio is good and the portfolio is quite aggressive. Out of the total Rs 100,000 that you are currently investing through monthly SIPs, 30% allocation is towards... Read More

Can I invest in Principal Balanced Fund

I am senior citizen want to invest 10 lacs on Principal Balanced Fund for monthly dividend. Please advise? Whether this fund give monthly dividend or not, give track record of monthly dividend?

Jul 15, 2017 by Ganesh Shukla, Lucknow | Mutual Fund

Yes, you can invest in Principal Balanced Fund. We have reviewed this fund recently and found... Read More

Where should I move my fixed deposit money

My 50% of investment is currently in bank FD and I would like it to move money from it to Equity and debt market. Keeping my investment commitment of minimum 5 years, I am planning to invest in Equity market in recommended fund. My question is on Debt funds. Which one should I go for - Gilt fund, Credit opportunities for investing for 2-3 years. Which one should I go for my short term needs (1 year). Please recommend?

Jul 15, 2017 by Vaibhav, Johannesburg | Mutual Fund

From your query, we found that you want to invest in equity and debt funds by closing the fixed deposits. Your query is which category of debt funds should you invest in apart from investing in equities... Read More

Should I invest in ELSS or diversified equity mutual fund schemes

I want to invest upto 10,000 PM. I have been investing in 3 fund: 1. SBI Blue Chip - 3000, 2. Franklin High Growth Company Fund - 2000, 3. Axis Long Term Equity Plan - 2000. So, respected sir/madam please guide me, which type of fund I should buy now for better diversification and tax savings Confusion in these two types funds: 1) Should I add one more ELSS Fund like DSP BlackRock etc., 2) Should I choose one small Cap Fund, 3) Please suggest me some name My name is Sachin Negi, Age-30 and Salary: 40,000. PPF investment - 1 Lakh in month of june 2017. I come under new pension scheme monthly contribution is 9500?

Jul 14, 2017 by Sachin Negi, Pauri | Mutual Fund

You are already investing in 3 good schemes, one each from large cap, diversified and ELSS fund categories. For better diversification, you can go with ELSS funds for two reasons - 1) You need to saves taxes... Read More

How can I invest Rs one crore for my grand children

I am 78 years old and absolutely hale and hearty. I shall be in position to invest one crore after about six month after disposal of some of my property. How should invest this amount so that my grand-children get good returns after 5 years and 8 years. I have the same queries earlier. Please advise me and also guide me as how to find answer to my queries from such a large no of answers?

Jul 14, 2017 by R.M. Parkhi, 360/218, Sindh Colony,Pune 411007 | Mutual Fund

Thanks for writing to us and happy to learn that you want to save for your grand children. We assume that your grand children would require this money after 5 and 8 years respectively. Therefore, we would not... Read More

As I am new to mutual funds which fund should I invest for 12 months

I am absolutely new in this field. I want to invest Rs. 10,000 for one year in mutual fund which can give better return. Kindly suggest?

Jul 14, 2017 by Uday, Chennai | Mutual Fund

As you are new to mutual funds, we suggest that you should take help of a mutual fund adviser in your city. Not only he will help you with your investments he will also help you prepare your KYC which is a... Read More

As I am new to mutual funds which fund should I invest in

I am new to investing in Mutual Funds. I absolutely have no idea how to go about it to maximise my Returns. I am 34 years old and wish to invest Rs. 40000 followed by Rs. 2000 each month for 3 years and expect a certain amount as monthly return and the rest on maturity after 3 years. Which is the best option for me. What should be the right mix of funds. If any other information is required please revert back and I shall provide the same?

Jul 14, 2017 by Avirup, Kanpur | Mutual Fund

Thanks for showing interest to invest in mutual funds. As your investment horizon is only 3 years both for the lump sum and the monthly SIP of Rs 2,000, no mix of funds can be suggested to you excepting debt... Read More

Are the returns on research page annual or cumulative

The 3-year or 5-year return for top performing mutual funds on your website, is it average return per year for the past 3 or 5 years, or is it cumulative return for the past 3 or 5 years?

Jul 13, 2017 by Rajan, | Mutual Fund

For Top Performing Mutual Funds, the returns shown for the period of 1 year is absolute return... Read More

Should In invest in L&T Prudence Fund and Principal Balanced Fund

I want to invest 10 lac each in L&T Balanced Fund and Principal Balanced Fund for 12% annual dividend. Please advice I am retired just?

Jul 13, 2017 by Ganesh Shukla, | Mutual Fund

Yes, you can invest in both the funds as they are among the top performing funds in the balanced... Read More

Can you please suggest tax free income from mutual funds

I will retire in Sep 2017. Please advise me how can I get tax free maximum income with low risk by investing in mutual fund. Suggest also few of such funds which give 9 percent return at least.I will be obliged for that?

Jul 13, 2017 by Jaydev Haldar, Kolkata | Mutual Fund

There are two ways or receiving regular income from mutual fund investments. Dividends - You can invest in hybrid debt funds (MIPs) or balanced funds with monthly / quarterly dividend payment option... Read More