Mutual Fund Queries

Will it be wise to invest in HDFC Prudence Fund

Will it be wise to invest in HDFC Prudence Fund (Monthly Dividend) Plan. This fund is giving almost 1% monthly dividend. As the dividends are tax free I want to invest Rs. 10 lakhs. Kindly advice?

Jun 17, 2017 by Ashok Sahoo, Angul | Mutual Fund

HDFC Prudence Fund is one of the top performing funds in the balanced fund category and has a consistent track record of paying monthly dividends. You can consider investing in this fund. However, you must... Read More

Have I selected the right funds after review of my Mutual Fund portfolio

I have good amount invested to HDFC TOP 200, HDFC Equity and HDFC Prudence over last 10 years. Would like to change this investment to following funds and remain invested for next 7 to 8 years. 1) change HDFC Top 200 to Birla Top 100, 2) HDFC Equity to Birla Equity Fund & Motilal Oswal Long Term Equity Fund, 3) HDFC Prudence to ICICI Balanced Fund and HDFC Balanced. Advise whether this is right move keeping in mind next 7 year investment. I am high risk investor and this is surplus amount?

Jun 12, 2017 by Rama, Vadodara | Mutual Fund

You have really done a good job in selecting new funds for replacing the old ones. The funds selected by you are among the top performing in their respective categories. You should go ahead with your action... Read More

Whether to invest in SIP or lump sum

My age is 49 and I have a cash of Rs 10 lakhs, which I want to invest in MF for 5 - 7 years. I think 65 (equity) & 35 (debt) asset allocation will be better for me. In which MF, should I invest? Looking at market all time high, whether to invest lump sum or by SIP/STP? Please guide me?

Jun 12, 2017 by Anil Madhav Parate, Nashik | Mutual Fund

Since you do not know sufficient details of your total assets / liabilities and your risk appetite, we will not be able to comment on the asset allocation of your planned investment. For the equity portion of investment... Read More

Which ELSS Mutual Funds are good out of the selected ones

My client wishes to invest 150000 to save tax u/s 80c by investing Rs. 30000 each in 1. DSP BlackRock Tax Saver Fund, 2. Birla Sun Life Tax Relief 96, 3. Axis Long Term Equity Fund, 4. Reliance Tax Saver Fund, 5. Kotak Tax Saver Fund, all funds with dividend option. Kindly approve the amount distributed & selection of funds or suggest changes in amount & funds be made to avail liquidity & maximum gain to be invested at your earliest please?

Jun 12, 2017 by Ashok Goyal, Punjab | Mutual Fund

You have selected too many ELSS funds for investing Rs 150,000. We think, you should not invest in more than 3 schemes. You can check top consistent ELSS funds from this link... Read More

Have I invested in too many funds and how to reduce it

I want to invest using SIP and lumpsum method and below are my chosen funds. Note: I started investing in the DSPBR Micro and then it stopped taking lumpsum amounts so I am inclining towards L&T Emerging and Franklin Smaller Companies. Same with Mirae. Tell me if this portfolio is too risky! Portfolio 1 (Only SIP) - 1) ICICI Value Discovery, 2) DSPBR Micro Cap, 3) Mirae Asset Emerging Bluechip. Portfolio 2 (SIP and lumpsum) - 1) SBI Bluechip, 2) Franklin Smaller Companies, 3) DSP Focus 25, 4) Franklin High Growth Portfolio. 3 (Only lumpsum in random intervals) - 1) L&T Emerging Business, 2) Canara Robeco Emerging Equities, 3) ICICI Banking and Financial, 4) DSP Natural Resources, 5) SBI Gilt Roughly, if all portfolios combined it stands 75% Equity and 25% Debt. My age is 27. Horizon is more than 10 years. I know it seems there are too many funds and will try to reduce them in up coming year. So is it more risky?

Jun 10, 2017 by Samarjit, Kolkata | Mutual Fund

Either you invest through SIP or lump sum, the fund names can remain same excepting where the fund is not taking lump sum or not taking any subscription at all. In your case, Mirae Asset Emerging Bluechip... Read More

Can you answer one query about mutual funds

I am trying to understand Mutual funds and many of my questions are answered in your web site. Thank you. Still I have one question before investment; i.e., Few Mutual funds after 1 year returns are very good after or at least good increase till 1 year. Latter 2nd year returns reduces. How is it possible (I do understand markets risks are always their). Is their any info I am missing?

Jun 10, 2017 by Reddy, Bangalore | Mutual Fund

Glad that you wrote to us and found that our website could answer many of your questions. To... Read More

Can you suggest mutual funds for someone who does not have any idea

I would like to invest a lumpsum of Rs. 100000 in mutual fund for 5 years. I do not have any idea about MF. Please advise whether I should invest in FD or MF. Also advise me how to proceed and all other details. Thamking you. I am 60 years old?

Jun 10, 2017 by Pratibha Bhattacharyya, New Delhi | Mutual Fund

As you have never invested in mutual funds you must know that they carry certain amount of risk depending upon the category of funds that you invest in. Since you have no idea about mutual funds and also that... Read More

Can you suggest mutual funds for aggressive investors

Please let me know a list of recommended Equity Mutual Funds for lumpsum investment currently. I can be classified as an aggressive investor with a high risk profile. My Time horizon is 3-5 years or much beyond, if necessary, for maximum returns. I do not want to opt for SIPs because I do not have regular income, but presently I am having some investible funds. Thank you in anticipation?

Jun 10, 2017 by D Kamat, Mumbai | Mutual Fund

As your risk profile is aggressive, you can invest in diversified equity funds and/or mid and small cap funds. However, the investment horizon should be of minimum 5 years. Some of the top performing... Read More

Can you review my mutual funds and suggest changes

I am 34 year old & investing for my child's education who is five year old & my retirement. Since January-2017 I have started SIP of INR 30000 in following funds. SBI Bluechip 9000, Franklin India Prima Fund 6000, Mirae Asset Emerging Bluechip 6000, DSP Blackrock Taxsaver 9000. Additionally I have invested approx 2.5 Lac in PPF from 2012. Should I cut down SIP in DSPBR Taxsaver to 5000 & invest the balance 4000 in PPF? Please review my portfolio & advise changes, if any?

Jun 10, 2017 by Parag, New Delhi | Mutual Fund

You have invested in good funds for your SIPs and it is suitable for achieving your long term goals, like your retirement and child’s education. While investing in PPF is a good idea for diversifying some part... Read More

Can you suggest changes for my mutual fund selection

My present portfolio has HDFC Midcap - Rs. 2000, ICICI Pru Dynamic Direct - 1000, ICICI Pru Value Discovery - Rs. 1000, Mirae Emerging Bluechip - Rs. 1000. The investment horizon is 20+ years and I want to have around Rs. 2.5 crores as the corpus at the end. Right now I am 30 years of age. Kindly suggest what should I add/remove/modify to my portfolio. How much more and in what ratio should I invest in all the funds? I may increase total amount to Rs. 15000?

Jun 10, 2017 by Himanshu, Mumbai | Mutual Fund

You fund selection is good and currently you are investing only Rs 5,000 through monthly SIPs to achieve a goal of Rs 2.50 Crores after 20 years. Please note that with monthly SIP of Rs 5,000, you can... Read More