Mutual Fund Queries

Should I invest the lump sum now as the market is at very high level

Currently I invest in 3 Mutual Funds with a SIP (monthly) of Rs. 1,000 each. These are - ICICI Value Discovery Fund (Regular), Reliance Tax Saver ELSS Fund (Regular), and Mirae Asset Emerging Bluechip Fund (Direct). All are for long-term, say 15 - 20 - 25 years. Now, I would like to invest a lump sum of Rs. 50,000 or 25,000 + 25,000 in one or two of them. Which of them will be the perfect option. If so, is it the right time to invest a lump sum in any fund, because market, at this moment, is highly performing with Sensex reaching 30,000 mark? And, if I invest a lump sum in any fund, what will be the perfect time period to do so (I mean - 5 years, 10 years, etc.)? I await your valuable reply?

Apr 27, 2017 by Saptak Ghosh, Delhi | Mutual Fund

You have selected good funds for your current SIPs and you can expect good return as your investment horizon is quite long. With regards to your lump sum investment of Rs 50,000 or 25,000 x two funds, you... Read More

Which fund to invest in as I am new to Mutual Funds

I want to invesment mutchul fund but I have no idea kha se start karu mai 2000 ka invest karna chahta hu monthly 3 years ke like please tell me which mutual fund investment better for me jise jyda profit ho sake?

Apr 27, 2017 by Nikhil, | Mutual Fund

As you are a beginner and about to start investing in mutual funds, we suggest that you start with low risk funds. As your investment horizon is 3 years only, you can invest Rs 2,000 through SIPs in hybrid debt... Read More

How to plan my life financial goals

I am 23 years old and would like to start my SIP investment. I earn 50,000 per month post tax and My expenses are 10,000 per month. I already have 1 Crore term plan of HDFC Life Insurance and I do RD of 5,000 per month. I want to take full benefit of Sec 80C by investing 12,000-13,000 per month in ELSS funds and my balance investments of 12-13,000 would be in other mutual funds. Kindly suggest which funds to choose. I can increase the SIP by 10-15% every year as well based on my increase in income. I have 5 different goals:- Retirement - 15 Crores (37 years from Now), Marriage - 15 Lakhs (4 years from Now), Car - 10 Lakhs (10 years from Now), Children Education - 2 Crores (25 years from Now), Home - 10 Crore (25 years from Now)?

Apr 27, 2017 by Ankit Shah, Mumbai | Mutual Fund

Great to have received your query and delighted to note that you want to start investing in mutual funds from a very early age of 23! We are also glad to note that from a very young age you want to plan for your... Read More

Can you advise me on switching from FD to mutual funds

I am 53 and out of a regular job, have investments in FD for 10 Lakhs. MF all in growth options market value about 15 Lakhs. I am now in need of money to run my house, and second child’s education. Please advice if I should switch from FD to MF, and which are the best divdend plans that will help me?

Apr 27, 2017 by HarI M Varrier, | Mutual Fund

Since you do not have regular income and need to support your family (including your child's education), you should not switch from your existing FDs to mutual funds. Though mutual funds can give higher... Read More

Which AMCs are accepting NRI ELSS investments

Please advise me which MFs are accepting online NRI ELSS SIP in growth option. Also please add my email in your list?

Apr 27, 2017 by Naran Patel, | Mutual Fund

Following AMCs are accepting NRI investments (online and offline, both) in ELSS as well as other schemes – ICICI Prudential Mutual Fund, SBI Mutual Fund, Birla Sun Life Mutual Fund, UTI Mutual fund... Read More

Should I switch from HDFC Long Term Advantage Fund

I have a HDFC Long Term Advantage Fund of Rs 25,000. Do I switch the amount. Please advise?

Apr 27, 2017 by Suvra Mallik, | Mutual Fund

Please note that HDFC Long Term Advantage Fund is an ELSS Fund and cannot be switch or redeemed within 3 years from the date of investment. As ELSS Fund provides tax benefit under Section 80C of the... Read More

In which fund can I do a SIP for one year

I want to start a new sip for short time (1 year), please suggest me?

Apr 27, 2017 by Shishram Chahar, | Mutual Fund

For SIP investment of short term of 12 months, you can opt for Short term debt funds. You can check the top performing funds of this category here... Read More

What to do with Birla Sun Life Dynamic Bond Fund

One of my clients had invested Rs. 5 Lakhs in Birla Sun Life Dynamic Bond Fund in December 2016 when this fund was at it's all time high. However, now his portfolio has eroded significantly by 4.25%. For how long should this investment be held to recoup the losses? Also, why is the fund not dynamic enough to change it's debt portfolio now when the interest rate Outlook in the economy has changed?

Apr 27, 2017 by Nandita, Mumbai | Mutual Fund

Birla Sun Life Dynamic Bond Fund is a good medium term debt fund, but it is highly sensitive to interest rates. Hopefully, you would have advised a sufficiently long investment horizon (2 – 3 years) for this fund... Read More

What is the advise on SIPs for the long term

I am 23 year old and want to invest in mutual fund for long term. I can take high risk and can invest Rs. 10,000 per month for now and will increase the amount in 3-4 years? Can you please suggest me a portfolio of funds in which I should invest?

Apr 27, 2017 by Navdeep Singh, | Mutual Fund

As you are young and can take high risk, investing in diversified equity funds SIP is the best option for you. You can invest in any of the following two funds @ Rs 5,000 each... Read More

Can you give more clarity on PE Ratio

Really very good article on P/E ratio, but as clear EPS is explained P/E is not as such clear. If you can give more clarity on P/E ratio than it will be more helpful?

Apr 27, 2017 by Anil Midha, | Mutual Fund

Thanks for your comments. The definition of P/E ratio is very simple (share price by EPS), but a comprehensive understanding of how P/E ratio works in different situations and its relevance in investing is a... Read More