Mutual Fund Queries

To diversify my portfolio where should I invest further

I want to invest upto Rs. 10000 pm. I have been investing in 3 fund: 1. SBI Blue Chip - Rs. 2000 pm, 2. SBI Magnum Midcap - Rs. 2000, 3. Axis Long Term Equity Plan - Rs. 2000. So, respected sir/madam please guide me, which type of fund I should buy now for better diversification?

May 12, 2017 by Sachin Negi, Pauri | Mutual Fund

Currently you are investing Rs 2,000 each in large cap, midcap and ELSS schemes. You wish to increase this monthly SIP amount to Rs 10,000 from the current Rs 6,000. The 3 funds chosen by you are good... Read More

Can I invest in direct plan in the regular plan folio

I have invested Rs. 1 lakh in HDFC Prudence Fund Regular Plan Dividend Option through MF Agent. In case I invest further amount under same folio in the same plan and make online payment through net banking and do not select MF Agents name i.e., keep it blank, then whether this will result into some benefit to me. Please advise?

May 12, 2017 by Mohammad Wasim, Burnpur | Mutual Fund

Yes, you can invest in the same folio and in the same scheme in direct plans. In that case, if you keep the agent code blank that will not be considered as direct plan. You will have to select the option... Read More

Is my investments sufficient to meet different goals

I am 35 year old and started SIP since a year, with goal of 35 lac in tenure of 10 years for kids education. Present I am investing in below funds, please let me know is this ok for target? SBI Magnum Midcap Fund-Regular Plan G-2000, DSP BlackRock Micro Cap Fund G-1000, Reliance Equity Opportunity Fund-2000, HDFC Top 200-2000, Reliance Tax Saver (ELSS) Fund-2000, ICICI Prudential Multicap Fund - Growth -2000. Kindly suggest further?

May 11, 2017 by Nagaraj, Hubli | Mutual Fund

We think, you have raised this query through our comment section and got the reply. Can you... Read More

Can you please suggest good performing ELSS Funds

I am new to investment, please advise 5 good performing ELSS Mutual Funds. Also as I am planning to invest in 3 mutual funds with 2000 Rs. each per month via SIP taking moderate risk, please suggest whether it will be a good investment or not. Thanks in advance?

May 11, 2017 by Umesh, Pune | Mutual Fund

Thanks for writing to us. DSP BlackRock Tax Saver Fund, Principal Tax Saving Fund, HDFC Long Term Advantage Fund, Kotak Tax Saver and L&T Tax Advantage are some of the top performing Equity... Read More

Can you suggest 3 ELSS Funds as I need to invest urgently

I need to invest in 3 ELSS Tax Saver Mutual Funds this week. Can someone please suggest me top 3 return giving ELSS where I should invest this week? Also should I do investment via SIP or lump sum? Please answer these 2 questions. Thanks in advance?

May 11, 2017 by Vikas, Delhi | Mutual Fund

How to see my consolidated mutual fund portfolio at one place

I have invested in various scheme of mutual fund serviced by RTA Kary CAMS SBMF & Franklin. I have done same with agent / Directly / Demat All Four RTA have their own mobile based app to view consolidated portfolio. I have to visit all website or app to see valuation. Is there any site or app available to see the valuation of portfolio whether it is through various RTA or Demat in one place. Please guide?

May 11, 2017 by P K Pandit, New Delhi | Mutual Fund

Unfortunately, to the best of our knowledge, there is no app (mobile or desktop) which shows the consolidated mutual fund portfolio across all RTAs. However, if you have a demat account, then it is possible... Read More

What is the difference between direct growth plan and growth plan

Difference between direct growth and growth?

May 11, 2017 by Chaitanya, Hyderabad | Mutual Fund

There are two kinds of mutual fund plans – direct plan and regular plan. If you invest in a mutual fund scheme directly with the fund house, either online or by going to the website of the AMC or... Read More

Is SBI Magnum Multicap Fund a good choice for next 7 years

Sbi Magnum Multicap Fund - Is this the right choice for next 7 years SIP. Please suggest?

May 11, 2017 by Partha S Roy, Bandel | Mutual Fund

Yes, SBI Magnum Multicap Fund is among top performing diversified equity funds and suitable for your long term investing needs. The fund has given 26.48%, 24.83% and 21.98% return over 1,3 and 5 years... Read More

Can you guide on investing Rs 30 Lakhs

Retired 72 years. Please guide investment to get good monthly income can invest 30 lakhs?

May 11, 2017 by Opinder Singh Paul, Delhi | Mutual Fund

Investment in any asset class including mutual funds should be made based on your risk taking ability and the investment horizon. You have written that you want to invest Rs 30 Lakhs but what you have... Read More

Will fund housed levy a penalty if my SIP has bounced

My questions are: 1. what happen when we don't have money in bank account and SIP is due? Are fund house do penalty on investor? 2. Can we stop our SIP without redeem? If yes then what will happens with our units? 3. Are all fund house trustworthy? I mean can we trust that they are not fraud and our investment will be save?

May 10, 2017 by Sallauddin, New delhi | Mutual Fund

Fund houses do not impose or charge any penalty in case the SIP ECS bounces from your bank due to insufficient fund in your bank account. However, most of the banks levy a 'bank charge' due to the... Read More