Mutual Fund Queries

How to earn Rs 15000 per month by investing Rs 30 lakhs

I am retiring in sept 2017 with no pension option. I will get Rs 30 lakhs as retirement corpus. Kindly suggest MF schemes to get 10 to 15000 monthly?

Jun 30, 2017 by H L Dhage, Panvel | Mutual Fund

Yes, you can easily get Rs 15,000 per month by investing Rs 30 Lakhs in mutual funds provided you have a minimum 5 year investment horizon and ready to take moderately high risk. There are couple of... Read More

Are NAVs shown in various websites post expense ratio and DDT

Are the NAVs of equity mutual funds shown on various website sites, including yours, post expense ratios? Are NAVs of dividend schemes of debt funds shown on various websites, including yours, post expense ratio and dividend distribution tax?

Jun 30, 2017 by Mahavir Gusain, Ghaziabad | Mutual Fund

Yes, the NAVs of all kind of mutual funds shown on various website sites are post deducting expense ratio. The NAVs you see on various websites are net of the expense ratio. Similarly, NAVs of debt funds are... Read More

Should I invest in lump sum or STP to draw regular income through SWP

I would say AdvisorKhoj is doing a great job by providing impartial advise on mutual fund. I had invested Rs 1 lakh in Equity mutual fund 15 years back and found in June 2016 it has given me very good returns I invested Rs 14 lakhs in Equity oriented Balanced fund with retirement in mind. Now I have retired I on 24/6/2016 age 60 years. I will get my CPF corpus within a week should I invest Rs 30 lakhs in Equity oriented Balanced Fund for 10 to 15 years and get monthly income through SWP after 1 year, suggest good balanced fund. Further should I invest lump sum or through SIP. Should I do SIP from saving bank A/c or through some debt fund (through STP). Please suggest duration of SIP. Further Advise if I should invest additionally Rs 4 lakhs in Equity mutual fund (suggest funds), this is to counter inflation after 7 to 10 years. I would be thankful if you could advise fast within week send copy of reply to my email also?

Jun 30, 2017 by Mukesh Mangla, Bhopal | Mutual Fund

Thanks for the kind words about Advisorkhoj which we truly appreciate. Very glad to hear that your experience of investing in mutual funds have been very good and you made good return on your investments... Read More

Should I continue my investments in ICICI Prudential Value Discovery Fund

Should I continue with ICICI Prudential Value Discovery fund. I invested in ICICI Prudential Value Discovery - Direct - Growth option through a lump sum amount a year back followed by SIP's every month. It seems the fund is not performing well and giving returns, which are less compared to it peers/benchmark. Whether is it worth to continue in this fund even if I my horizon is 10 years?

Jun 30, 2017 by Harish Biyani, Mumbai | Mutual Fund

ICICI Prudential Value Discovery Fund is diversified (multi-cap) equity fund. The fund has been one of the best performing equity funds in India for a long period of time. Previously this fund was a midcap fund... Read More

Can you suggest schemes which pay dividends more than fixed deposits

I am a retired person. To get assured dividend Yearly/Half-Yearly by investing in Mutual Fund. Dividend to be at least more than FD interst. Please suggest suitable Mutual Funds?

Jun 30, 2017 by Prakash, Kolhapur | Mutual Fund

Even though there are mutual fund schemes which pay monthly / quarterly dividends regularly, these are not assured - Neither the dividend dates / frequency nor the dividend quantum. As the dividends are... Read More

Can my father opt for SWP from balanced fund

First of all I will congratulate you for your superb work to educate people about investment and your website advisorkhoj.com is truly awesome for a layman like us to learn about investment. I need some help regarding an investment strategy for my father(age 61) retired school teacher wants to park rupees 12 lakh to a balanced fund and starts a SWP of 10K monthly from 2nd year and stay invested for 10+ years to create a monthly cash flow along with monthly pension. He has also 10 lakh bank FD. Apart from this he has no health insurance and life insurance. So can we go ahead with the plan to park the money and set up a SWP(I have selected two funds ICICI Pru Balanced Fund Growth & HDFC Balanced Fund Growth)? If you find funds are not appropriate then kindly suggest the fund names also and as the market is hovering around all time high now kindly suggest the way to park the money in those funds. Your suggestion will be truly beneficial for us. If you kindly respond to this email and give your valuable feedback we will be highly obliged?

Jun 29, 2017 by Anindya Ghosh, | Mutual Fund

Thanks for the kind words about Advisorkhoj. Coming back to your query, your idea of opting for SWP is good in order to get a regular return. You have also chosen two good funds. There is a point of concern... Read More

How is Birla Sun Life MIP Wealth 25 Plan

Please give me the names of top 5 dividend giving MF (monthly), what is your opinion about investing in BSL MIP wealth 25?

Jun 21, 2017 by Ravinder Kumar Kathuria, Pune | Mutual Fund

Many mutual fund schemes give monthly dividends. It is difficult to identify top 5 funds, without specifying risk / return characteristics. You can use our research tool... Read More

What should be the amount and tenure of my investments

I am actually very confused as to where to invest and how much. It would be great if you would spare 5-10 minutes to resolve my confusions. I am currently investing in the following: 1. BSL Front Line Equity - 1000/month (*Investing since Jan 2017), 2. Franklin Tax Shield - 1500/month (*Investing since Jan 2017), 3. Mirae Asset Emerging Bluechip Fund - 1000/month (*Investing since Jan 2017). Now I am looking forward to invest upto 12k per month in mutual funds. Mentioned following my plan going forward from next month: HDFC Balanced Fund (G) - Tenure 3/5 Years 1000, Brila Sun Life Frontline Equity - *Looking to increase investment from 1000/month - Tenure 5/7 Years 3000, ICICI Prudential Value Discovery Fund - G - Tenure 5/7 Years 2500, Franklin Tax Shield - *Looking to increase investment from 1500/month - Tenure 7/10 Years 2500, Mirae Asset Emerging Bluechip Fund - *Looking to increase investment from 1000/month - Tenure 3/5 Years 3000. Sir please let me know the following: 1. Have I chosen right funds? 2. I want to keep a couple of funds for investing for long term i.e 10/15 Years which funds should I go ahead with? 3. My current investment in ELSS is 1500/ month, should I increase the investment or buy one more ELSS fund? 4. If yes then which to buy DSP BlackRock tax saver or Birla Tax relief? 5. Do I need to change my funds Or amount or Tenure? I know you must be very busy in your schedule but it would be very kind of you to advice me on the above?

Jun 20, 2017 by Anand Ved, | Mutual Fund

Today I have replied to the query which you posted through DISQUS comments section. That query and the one you have posted here are partly same. Therefore, I am replying to the part which was not there... Read More

Is it wise to invest my mothers money in debt and balanced funds

My mother age is 72 years but she is healthy and also gets regular pension. Her FD worth of Rs. 10 lakh is getting mature. She do not require money. I want to invest in MF. Sir, I am planning to invest half amount in Debt MF to get about 9 to 10% returns and remaining in some good balance fund. Please guide is it a right strategy or should I invest in Debt only and once there will be berrish phase some portion should shift in Equity? I don't want to take much risk?

Jun 17, 2017 by Ashish Dave, Ahmedabad | Mutual Fund

It is a wise decision to invest in debt funds and balanced funds. But you need to note that the risk profile of your mother should match with that of the risk associated with these two categories of funds. The other... Read More

How to get monthly dividend from my lump sum investments

I am 60 year old. I have invested in lump sum and SIP till 65 age. In lump sum I want dividend every month. The following investment are: 1. HDFC Prudence Fund MD 1700000, 2. HDFC Top 200 Dividend: 128000, 3. HDFC MIP Long Term: 600000, 4. ICICI Prudential Balance Fund (MD): 1000000, 5. ICICI Prudential Balance Advantage Fund MD: 200000, 6. Franklin India Balanced Fund MD: 200000, 7. Canara Robeco Balance Fund MD: 800000, 8. SBI Magnum Balance Fund QD: 500000, 9. BSL Balance 95 Fund QD: 400000, SIP: 1. Axis Mid Cap Fund, 2. DSPBR Micro Cap Fund, 3. BSL Pure Value Fund, 4. SBI Blue Chip, 5. Motilal Most Focussed Dynamic Equity Fund, 6. Franklin India Smaller Companies Fund, 7. ICICI Pru Value Discovery Reg Growth, 8. Reliance Pharma Fund each SIP 5000 per month for 3 years, please advice if any change is required or not? I can take risk?

Jun 17, 2017 by Ravinder Kumar Kathuria, Pune | Mutual Fund

You mentioned you want monthly dividends from all your lump sum investments. We would like to bring to your notice that, HDFC Top 200 Fund does not pay monthly dividends. That aside, most of the funds... Read More