Mutual Fund Queries

Can you please check if my fund selection is good

I have found this site very helpful. Thank you for suggesting us about investment plan. I have invested in the following Mutual fund (SIP). Can you please suggest if the selection is correct or do I need to change. I have a plan to continue this for minimum 15 years. SBI Blue Chip Fund - Rs. 2000, ICICI Focused Bluechip Equity - Rs. 2000, ICICI Banking & Financial Plan - Rs. 5000, BSL Frontline Equity Fund - Rs. 3000, DSP Micro Cap Fund - Rs. 2000, Reliance Equity Opportunities Fund - Rs. 2000, HDFC Balanced Fund-Growth - Rs. 1000. Also I have a plan to invest Rs. 5,00,000 in any of the fund (one time investment, one or two fund) for 15 Years to get a good return. Can you please suggest me the fund name?

Jul 4, 2017 by Kalyan, Kolkata | Mutual Fund

Thanks for the kind words about Advisorkhoj. We are glad that you found our website useful. With regards to your fund selection, We have two suggestions to make - 1) ICICI Prudential Banking and Financial... Read More

Which are the good funds to do STP from liquid to equity funds

I am 60 year old settled in Hyderabad. My son from us has sent me an amount of Rs. 40 lakhs for investment. He is 34 years and the investment is for his future needs. The investment horizon is 5 to 7 years. I intend to invest the amount in lump sum in 4 or 5 debt or liquid funds and invest in a staggered manner in equity funds by STP. Kindly suggest good performing mutual funds?

Jul 4, 2017 by YVA Prabhakar, Hyderabad | Mutual Fund

While it is a good idea to invest through STP from liquid to equity funds etc., one should be careful while selecting the destination fund, i.e. the fund to which the amount is being transferred from liquid / ultra short... Read More

Is ICICI Prudential 100 is a good fund for 50 years SIP

Is ICICI Prudential 100 MF is good, if I want to continue for 50 years through SIP?

Jul 4, 2017 by Subir Ghanty, | Mutual Fund

50 years is too long a period and therefore, you can not invest in a fund and sit ideal. You need to review the scheme performance at least once every one or two year and ensure that the same is... Read More

Can you let me know the dividends of few funds

Do any of these funds may monthly/quarterly dividend - 1) ICICI Prudential Dynamic Plan, 2. ICICI Prudential Equity Income Fund?

Jul 3, 2017 by Rajan Nair, Pune | Mutual Fund

Please note that ICICI Prudential Equity Income Fund (A equity oriented balanced fund) has a monthly dividend payment option and the dividend payment track record can be checked from here... Read More

Can you suggest some good mutual fund schemes as I want a decent corpus at age 45

My name is Dhiren shah have 2 questions 1) Please tell me that investment which I have done is proper or not have mentioned following - i) Birla Sun Life Tax Relife 96 Fund (G) - 45000 (avg nav is 26.55), ii) Reliance Tax Saver ELSS Fund (G) - 30000 (avg nav is 57.55), iii) Tata Corporate Bond Fund Regular Investment Plan (G) lump sum 50000 and every month 2000 will be transferred to Tata Balanced Fund Regular. (Have taken 8 months back) iv) IDFC Arbitrage Plus Fund Regular Plan D lump sum 1 lacs and every month 2000 will be transferred (1k starting of month and 1k end of the month) to IDFC Classic Equity Fund Regular Plan (G) (just done investment few days back). 2) Want the corpus of 1.5 Cr. till I turn 45 currently my age is 27 and I am moderate risk taker. Please suggest some good mutual funds to create the corpus which I wanted?

Jul 3, 2017 by Dhiren Shah, Mumbai | Mutual Fund

The Mutual Fund schemes selected by you for STPs and lump sum investments are good. However, please keep in mind that your investment horizon should be minimum 5 years for the investments made in... Read More

Is it advisable to invest through STP

I am 33 years old and salaried person. I have been mostly investing my savings and lump sum bonus in PPF and Bank FD's, however with declining interest rates on fixed deposits and additional TDS deducted on them, I don't see any benefit investing in fixed deposits for long term. I have recently started monthly SIP of 5000 per month and invested in equities of 50,000. On an average I save around 2 lac in a year. I want to reduce my savings in bank deposits and invest lump sum in mutual funds. I have been advised to opt for STP mutual fund for lump sum investment for long term horizon. Is it advisable to invest lump sum through STP route, if yes suggest few decent STP funds, if not should I increase my monthly sip in mutual funds?

Jul 3, 2017 by Vinayak, Kolhapur | Mutual Fund

Glad to note you could realize that investing in fixed deposits / savings bank and PPF is not the best option, that too when the interest rates are falling. The investments you are making in PPF can be allocated to... Read More

Has number of stocks in a mutual fund portfolio any co relation with returns

It's nice to read your query section and gaining knowledge regarding different ways to invest and stay safe in equity investments. My query rather just doubt is that after observing all the funds in equity category and knowing their allocation in equities/stocks of company for 1year 2,3,5 years and so on found out that the number of stocks which they hold in first year is more than in 3rd year and it will be in decremental mode for the succeeding upto 10 years etc. So my question is that why it is so it will be reduced as years progress in fund? Also as number of stocks decreases year by year the return also decreases as compared to 1st &3rd years to 5 & 10 years. So why cant they hold same number of stocks year by year so that returns are at par with the 1 years? My question above is just to have knowledge about the process of mutual funds and I know your team can enlighten on that?

Jul 3, 2017 by Ravi B, Kolhapur | Mutual Fund

At the outset, I thank you for sending us an interesting query. Please note the following n this context - We have not yet analysed if fund managers reduce the number of stocks as the fund grow in age. However... Read More

Should I invest in one scheme or two for my mutual fund SIP investment

I am 21 year old and I am looking for a good mutual fund scheme for long term. Right now I can invest 4000 PM. My question is should I invest whole amount in single scheme or in two different schemes. Also suggest me good schemes in which I can invest and I can take risk?

Jul 3, 2017 by Kuldeep Bijaka, Jaipur | Mutual Fund

For investing Rs 4,000 per month, you can choose maximum two schemes of Rs 2,000 each. You have requested us to suggest good schemes but as we do not know you risk profile and the investment... Read More

Is my Mutual Fund SIPs enough to meet my long term goals

I have SIP in the following funds since 10 months: 1) DSP BlackRock Micro Cap Fund - Rs. 10000, 2) Franklin India Smaller Companies Fund - Rs. 5000, 3) Reliance Small Cap Fund - Rs. 5000, 4) Franklin India Prima Fund - Rs. 5000, 5) Mirae Asset Emerging Bluechip Fund - Rs. 5000, 6) DSP BlackRock Opportunities Fund - Rs. 5000, 7) DSP BlackRock Tax Saver Fund - Rs. 5000, 8) Kotak Select Focus Fund - Rs. 10000, 9) Birla Sun Life Frontline Equity Fund - Rs. 5000, Total SIP - Rs. 55000. Lump sum investment in the following funds since 8 months - 1) DSP BlackRock Micro Cap Fund - Rs. 50,000, 2) Franklin India Smaller Companies Fund - Rs. 25000, 3) Kotak Select Focus Fund - Rs. 50000, 4) DSP BlackRock Tax Saver Fund - Rs. 25000, 5) ICICI Value Discovery Fund - Rs. 80000, 6) Reliance Tax Saver (ELSS) Fund - Rs. 19000, Total - Rs. 2,49,000. I am 29 years, married. I want to invest for more than 15 years & I am investing in SIP since 8 months. I am willing to take risk for better returns. I have no children. My aim is - 1) Retirement at 60 years - Rs. 10 Crores, 2) Children Education after 20 years - 80 Lacs, 3) Children's marriage after 25 years - 2 Crore. Are the above SIP's enough for my aims or should I increase SIP? I am considering to replace Birla Sun Life Frontline Equity Fund with Mirae Asset India Opportunities Fund. Also should I make any changes in the above funds?

Jul 2, 2017 by Rohit Jain, Mumbai | Mutual Fund

Great to note that you are planning for your long term financial goals at the right age! Coming back to your query, we will not suggest any modifications in the schemes selected by you (for lump sum as well as... Read More

How to plan for our long term goals considering inflation

I am 34, married & working female. We don’t have liabilities as on date. We can be aggressive investor. Current Investment: Rs. 10 Lakhs in s/b as emergency funds Rs. 2Cr & Rs. 2.5 cr term policy, Rs. 10 lakhs medical policy (family floater), Rs. 2.5 Lakhs in Share market. Our target: Child education: 18 years/1cr Corpus, Child Marriage: 22 years/2cr Corpus, Our Retirement: 26 years/7cr Corpus, (@60 however life span could be additional 10-15 years post retirement) We would like take inflation also in consideration, when I talk about above mentioned corpus. Below are the funds selected by us to start immediately and want to know if we need some alteration/advise from you. Mirae Asset Emerging Bluechip Fund - Regular Plan 5000, ICICI Prudential Value Discovery Fund 5000, HDFC Balance Fund 5000, Quantum Long Term Equity 5000, SBI Bluechip 5000, Franklin India Prima Fund 5000, Canara Robeco Emerging Equities Fund - Regular Plan 5000, HDFC Mid-Cap Opportunities Fund 5000?

Jul 2, 2017 by Santosh Sarin, New Delhi | Mutual Fund

Thanks for writing to us and we appreciate that you are aware why one should account inflation while planning for the long term goals. Following is our suggestions - Emergency Fund - Keeping Rs 10 Lakhs as... Read More