Mutual Fund Queries

Can you tell me why Dividend in Reliance Tax Saver Fund is not received

I have invest Rs. 770000.00 in Reliance Tax Saver Fund, Dividend plan. But I have not received my quarterly dividend which is due from December 2018. Please let me the reason?

Jan 29, 2019 by Prakash Kanti Aditya, | Mutual Fund

Please note that dividend in mutual funds are declared from the profit made by the fund or from the available surpluses and it is totally at the discretion of the fund manager/ AMC. Please also note that... Read More

From which fund should I opt for mutual fund SWP

I want to make a SWP of 1.4 lacs monthly by Investing a lumpsum of 1.2 cr. I want the initial investment to grow too. I have checked some funds from Franklin and Aditya Birla fund houses. I am not looking at investing in Equity but other options. What do you suggest?

Jan 29, 2019 by Colin Naidu, Nagpur | Mutual Fund

Drawing Rs 1.40 Lakhs from an investment of Rs 1.20 Crores is bit high. We suggest that during the initial years of your SWP investments, you should not draw more than 8-9% annually as you would like to... Read More

What are the mutual fund returns in the last 20 years

Mutual Fund return last 20 year?

Jan 22, 2019 by Sumana Chatterjee, | Mutual Fund

To see the returns of various mutual fund schemes in the last 20 years, please refer to the links... Read More

Are we investing in best ELSS mutual funds

I'm investing via SIP in IDFC Tax Advantage Fund and L&T Tax Advantage Fund and my wife is investing in Principal Tax Savings Fund + Reliance Tax Saver Fund. I want to know all the 4 funds are good to continue or any change required? My investing horizon is about 10-12 years?

Jan 18, 2019 by Anil Midha, New Delhi | Mutual Fund

You and your spouse are investing in good performing ELSS mutual funds. However, all these 4 funds are not among the top performers. To see the top performing ELSS mutual Funds list, please refer to this... Read More

Can I reach my goal of Rs 1 Crore by investing in mutual fund SIPs

I have done my investments through HDFC I want to build a corpus of 1 crore in 20-25 years and invested 6000 per month through these direct growth funds. Can I reach my goal HDFC Top 100 - 2000, HDFC Midcap Opportunities Fund - 1000, HDFC Smallcap Fund - 1000, HDFC Equity Fund - 1000, HDFC Capital Builder Value Fund - 1000?

Jan 16, 2019 by Akash, Kolkata | Mutual Fund

Glad to know that you are investing through mutual fund SIPs for meeting your long term financial goals. Currently you are investing in 5 equity schemes of HDFC mutual Fund and the monthly SIP amount is... Read More

Should I continuously withdraw from my mutual fund SIP investments

I have several ongoing SIP’s in Equity Mutual Funds. I wanted to know if I withdraw Rs. 1 lakh when the fund reaches a level of one lakh twenty thousand and continue with the SIP will it affect my returns since there is no compounding effect in Mutual Funds or even shift the said amount to a debt fund?

Jan 15, 2019 by Libby Paulson, Ernakulam | Mutual Fund

The idea of investing in mutual funds through SIPs is to create long term wealth by saving a small amount every month by remaining disciplined and by benefiting from compounded returns over a long period of... Read More

Should I withdraw LIC policy and invest in mutual funds

Is it beneficial to withdraw LIC policies & make investment of that withdrawn amount in mutual fund? For insurance purpose I can buy term insurance plan. I want to invest lump sum amount 1 lakh for 20 years in which category should I invest? Please suggest me I am very confused?

Jan 14, 2019 by Nilesh, Aurangabad | Mutual Fund

Life insurance and investments are two very different things and should not be mixed with each other. We always suggest having maximum life insurance cover through term insurance plans and investing in... Read More

Which are the best performing ELSS Mutual Funds

Please send me best Mutual Fund for 80C Tax Exemption?

Jan 13, 2019 by Vijay Kumar, | Mutual Fund

Please note that we have shortlisted the best ELSS mutual funds in our mutual fund research section and you can see them here... Read More

Is ELSS Mutual Fund returns totally tax free

Is ELSS fund return totally tax free? Does the tax amount at exit point of any fund also apply for the senior citizen?

Jan 12, 2019 by Dhiman Bhattacharya, Kolkata | Mutual Fund

Please note that ELSS Mutual Funds are equity funds only. In the last Budget (2018), following taxation was applied to equity mutual funds - Long term capital gains - In case of equity or equity oriented... Read More

Should I hold onto my investment in HDFC Gold Fund

I am holding HDFC Gold Fund for the last 3 years (Last SIP 16-Mar-2015). Today I am getting a profit of about 1,000.00. Should I sell it off or hold still? For last 3 years the fund has been in negative without any appreciation. I do not have any immediate need for funds, but was wanting to at least realize minimal profit and not go into loss. Advice will be highly appreciated?

Jan 10, 2019 by Satish, Delhi | Mutual Fund

Investment in gold is done mainly for the purpose of asset allocation and hedge against inflation. Under any circumstances, however, it should not be core part of your portfolio. Therefore, if it is your only... Read More