Mutual Fund Queries

Can you let me have your suggestions on my fund selection

Looking forward for your expert advice on the following investments I have made Lump sums investments 1) ICICI Prudential Top 100 Fund Rs 1 lakh, 2) ICICI Prudential Balanced Fund Rs 75 thousand, 3) HDFC Prudence Fund Rs 1 lakh, 4) DSP BlackRock Natural Resources and New Energy Fund Rs 25 thousand, 5) Reliance Growth Fund Rs 80 thousand. SIPs - 1) DSP BlackRock Top 100 Equity Fund Rs 2500 per month, 2) HDFC Balanced Fund Rs 5000 per month, 3) SBI Magnum Mid Cap Fund Rs 5000 per month, 4) Reliance Growth Fund RS 1500 per month, 5) DSP BlackRock Opportunities Fund Rs 1500 per month, 6) ICICI Prudential Focused Bluechip Equity Rs 1500 per month, 7) HDFC Equity Fund (G) Rs 1500, 8) Reliance Small Cap Fund Rs 1500. I want to hold this portfolio for 10 years?

Jun 8, 2017 by Rekha Kanwal, | Mutual Fund

All the funds selected by you are not good but they may be popular or selected based on recent spurt in their respective performances. First, let us see which fund you should review in your lump sum... Read More

Is investing in ICICI Prudential Value Discovery fund right at this point of the market

Starting May 2017, I invested in ICICI Prudential Value Discovery Fund - Growth under SIP program with a monthly investment of Rs. 10000 for 5 years. I seek expert advice on how well an investment was this at this juncture?

Jun 8, 2017 by A Chattopadhyay, Kolkata | 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... Read More

Can you tell me top 2 to 3 ELSS Funds to invest currently

I need to invest in few ELSS this month. Please suggest few best returned ELSS to invest in. Also please suggest should I go SIP or lump sum?

Jun 8, 2017 by Vikas Bhat, | Mutual Fund

For investing in ELSS funds for saving taxes under Section 80C of the Income Tax Act 1961, you... Read More

Which fund should I invest in lump sum

I want to invest 10 Lakh in Mutual Fund. My age is 29yrs. I am married with no children yet So I have 2 dependent i.e. Mother and Wife. My Risk taking ability is Medium to High and My horizon is 3-5 years with minimum return of 18-20% annually. Few years back I invested in Axis Focused 25 Fund and get return of 20% approx and I withdraw money as I was in need of it. Please help me in investing with best available funds and Diversify my investment in Equity or Hybrid or any other options if available. Also guide me with How much I invest in Large cap, Small & Mid cap, Diversified Equity, ELSS for tax saving? How much percent of my investment should be in Balanced Fund? Is this right time to invest Lump sum or I should wait for correction or start with STP? Please guide me with fund name also. Kindly reply me as soon as possible?

Jun 8, 2017 by Anand A, | Mutual Fund

Considering your risk profile you should invest in balanced funds and large cap funds. For investing in large cap funds you can select from SBI Bluechip Fund, Birla Sun Life Frontline Equity Fund or DSP... Read More

How much I need to invest to draw Rs 20000 a month through SWP

I want to invest in mutual fund for SWP and I want to earn Rs. 20,000.00 per month. Please advise how much I will invest for that amount, I can invest for more than five years and I can take moderate risk. Please guide me and note that I am a retired person. Please suggest the suitable Mutual Funds name?

Jun 8, 2017 by Somnath Ghosh, | Mutual Fund

Being a moderate risk taker and also because your investment horizon is minimum 5 years, you can invest in balanced funds. Ideally, you should invest Rs 30 Lakhs in lump sum and draw 8% annually... Read More

How to divide my mutual fund investments in the portfolio

Thank you Pradip for your valuable information. Regarding strategic division of monthly SIP funds I always had this doubt in my mind that "How to divide my funds in my portfolio?" For example - If I were to start a new monthly SIP for - Rs. 20000, this is for long term corpus building and keeping the time horizon for 15-20 years, there can be multiple combinations on how that money can be invested into MFs, I am taking 3 scenarios - Option 1) Divide the amount equally into two good Large Cap funds, Or Option 2) Choose 2 best performing funds from each category - Large Cap and Diversified (that will be 4 funds in total) and set SIP for Rs. 5000 monthly into each funds, Or Option 3) Divide the money equally into Large Cap/Diversified and Mid-Small Cap funds. According to you, which option should be better and why? How frequently should we review our portfolios and based on what criteria should we increase or decrease the SIP amount? Sorry for being so inquisitive but I just wanted to know that when it comes to start a new SIP or change the monthly contribution in an existing portfolio is there a defined strategy like thumb rule in the world of MF investment? Please guide what should be the right approach?

Jun 8, 2017 by Mrinmoy Bhattacharya, Bangalore | Mutual Fund

There are no thumb rules as to how you should allocate your investments into various category of funds. The selection of funds or allocation should be based on two things – risk profile and investment... Read More

Which funds are best for retirees to draw SWP

I am a retired person, as because I need some money monthly basis. Please advice which funds are best for SWP?

Jun 8, 2017 by Sankha Dip Bagchi, | Mutual Fund

For retirees, balanced funds could be ideal investment option provided you have an investment horizon of 5 years or more. You can invest a lump sum amount in balanced funds and withdraw a fixed amount on... Read More

How does interest in mutual fund lump sum investment works

I would be most obliged if you could explain in brief about how interest to the principal amount works in a lump sum mutual fund investment works. Let me give you a scenario, say I have a lump sum investment of 6 lakhs in a Mutual fund. This has been started on 15th November 2016. The NAV at that moment was 18. Now my question is, does my investment solely depend on the NAV in about 15 years or is there some kind of interest compounded annually. More specifically, would my units purchased initially remain the same over 15 years or will there be an automated purchase done?

Jun 8, 2017 by Ke Chi, | Mutual Fund

Please note that there are no assured returns in mutual funds and therefore no interest is payable to you. Since no interest is payable, there is no way to that we can explain as to how the interest works in case... Read More

Can I expect 14 to 15 percent return from my mutual fund investments

I am a 40 year old individual I am investing INR 76,500 every month in SIP's in the below fund. My investment horizon is 5-10 years and am looking at generating a CAGR of around 14-15%. Does the fund selection look right? Request your suggestions scheme name SIP amount Mirae Asset India Opportunities Fund - Regular Growth Plan 10000, HDFC Balanced Fund - Regular Plan - Growth 10000, L&T Midcap Fund - Growth 7500, Mirae Asset Emerging Bluechip Fund - Regular Plan Growth Option 9000, Motilal Oswal Most Focused Multicap 35 Fund Regular Growth 10000, Tata Equity P/E Fund Regular Plan - Growth 10000, Sundaram Rural India Fund - Regular Plan - Growth 10000, DSP BlackRock Micro Cap Fund - Regular Plan - Growth 10000. Further I have some corpus which I intend to invest in a Debt Fund/MIP which will generate around 12% CAGR post tax for the next 5-7 years. I will be funneling these returns in the above/similar funds after the 3 year period to take benefit of LTCG tax?

Jun 7, 2017 by Sameer, Mumbai | Mutual Fund

Your fund selection for SIPs are good excepting TATA Equity PE Fund. You have selected mostly mid cap funds and there is one from balanced and two from diversified equity fund category. Therefore, overall... Read More

Can you suggest funds for aggressive risk profile

Thank you so much for your prompt response. You may take my risk profile to be growth oriented and aggressive. The time frame is 3 - 5 years, or more if necessary. Time is not a particularly limiting factor. In accordance with this, please advise me the names of specific Equity funds, for lump sum investment, in which I can invest in at present?

Jun 7, 2017 by D Kamat, | Mutual Fund

For aggressive risk profile and wanting to invest in equity oriented funds, your investment horizon should be at least 5 years. You can invest in diversified equity funds and mid & small cap funds considering... Read More