Mutual Fund Queries

Can you suggest funds for additional Rs 10000 SIP

Currently I am investing SIP Rs 10,000 for below funds ICICI Value Discovery - 4000, ICICI Focused Buleship - 4000, HDFC Midcap Opportunties - 2000. I Planned to start another Rs 10,000 for invest through SIPs of 15-20 Years. Please suggest me good funds? Waiting for your valuable advice?

Apr 26, 2017 by Mohamed Bysal, | Mutual Fund

You have invested in a diversified (ICICI Pru Value Discovery), a large cap (ICICI Pru Focused Bluechip) and a midcap (HDFC Mid-Cap Opportunities). All three funds are good funds and you can simply... Read More

How to leave a legacy of a good corpus for my son

I am a senior citizen with no financial commitment, having interest income within taxable limit of Rs.3 lakhs pa. I live in my own residence with my spouse and have ample medical cover. My employed and independently settled son supports me financially every month even though I advised him to save that amount in suitable mutual funds. My FDs amounting to Rs.10 lakhs maturing in various months from April to November 2017 may not be worthy of renewal due to reduced rate of interest. Since I don’t have to depend on returns from the above FDs for my monthly expenses and that I would like to leave a legacy of a good corpus for my son, I have in mind the following options: 1) Invest the FD amounts, as and when they mature, in Sr. Citizens Savings Scheme (SCSS) fetching 8.4% p.a. at present, as I am now within Rs.15 lakhs limit each for me and my spouse. And invest the SCSS returns in monthly SIPs in two MFs (Multicap and Midcap) for 5 years. OR 2) Invest the entire 10 lakhs as and when the FDs mature, as lumpsum of Rs.5 lakhs each in (a) ICICI PRU VALUE DISCOVERY FUND and (b) SBI MAGNUM BALANCED FUND and allow the investment to grow to a good corpus. Which option do you suggest would be ideal for me in order to generate a better corpus? I do not like to get into debt funds with uncertain returns, as even with the fixed 8.4% interest on SCSS; I will be within taxable income?

Apr 26, 2017 by TVP Kakshan, | Mutual Fund

The option you chose will depend on your investment objective. If for any unforeseen reason you fear that, you may have to depend on the FD maturity amounts for your and your spouse's expense needs in... Read More

Can you suggest different equity funds for SIPs

My age is 35, I want to achieve 1Crore till my age 50 to 55 yrs. My savings 2 lacs in FD, have LIC Jeevan Anand for 2 lacs each on my Mom, Wife and Myself, and also having Jeevan Lakshya 5 Lakhs on Myself total 9 Lakhs policy, just now started investing in MF, Rs 2000 each in Birla Sun Life Top 100, ICICI Prudential Top 100 Fund and SBI Magnum Taxgain Scheme total Rs 6000. I want invest more Rs 10,000. Please suggest me high, moderate and low risk funds and also I was thinking stop SBI Magnum Taxgain fund and start DSP BlackRock tax saver fund?

Apr 26, 2017 by Suneel Kumar, Raichur | Mutual Fund

Your mutual investments are in two large cap funds and an ELSS fund. Since your investment goal is wealth creation, you should invest in equity funds. Small and midcap is the riskiest fund category. Within... Read More

Which fund is good for STP of one year

I want to do 2 STP's of 1 lac each with a time horizon of 1 year. Request you to please suggest some good funds for the same?

Apr 26, 2017 by Vinu, Mumbai | Mutual Fund

If your investment time horizon is only 1 year, you can invest in ultra short terms funds. Here you can check the top performing funds in this category... Read More

Should I invest in ELSS in lieu of equity funds

As per my earlier question I was advised that to achieve corpus of 80 lakhs in next 15 years, I can start SIP of around 25 thousand in any equity MF. This is the link: https://www.advisorkhoj.com/post-your-queries/How-to-achieve-child-education-goal-of-Rs-80-Lakhs. I had certain queries regarding the reply: 1. Will an equity ELSS fund give me almost same returns as any equity growth fund? This is because I need to look at my tax savings also. Hence can I instead go for any ELSS Equity Fund to achieve the same above target and save taxes too? 2. Rather than devoting the entire 25 thousand into any equity MF, will it be advisable to split the amount and invest them in different categories of MF like balanced, diversified, elss, large/small cap, etc. to average out the risks of pure equity? Please suggest?

Apr 26, 2017 by Hitesh, Mumbai | Mutual Fund

Following are the answers to your fresh queries - Yes, ELSS can give as much return as of other equity funds. The reason being ELSS funds are basically diversified equity funds. Therefore, if your need is to... Read More

How to get regular income from mutual fund SWP

1st of all I would like to congratulate you guys for this amazing platform you have provided for investers like us who do not have much of an exposure in this area, your efforts are simply commendable. On a different note I am looking to invest some money in the SWP that I have read so much about in the discussions on your website for a fixed monthly income. Could you please advise the best mutual funds right now with proven record to invest in, so that I can grow my capital along with a regular return on a monthly basis at say 8-9% per annum. Risk capability - low/medium Age - 62 Looking forward to your reply?

Apr 26, 2017 by Sharad, Panchkula | Mutual Fund

Thanks for the kind words which we truly appreciate. Glad that you liked our platform and found it useful. It is a good idea to draw a fixed amount regularly through SWP route while remaining invested in the... Read More

Is my current mutual fund portfolio good

I have invested in ICICI Prudential Banking & financial direct plan growth with 12,000 lumpsum, Reliance small cap fund Rs 1,500 quarterly SIP & SBI Blue Chip fund Rs. 4,000 quarterly SIP & also invested 20,000 in DSP BlackRock liquid fund. Please analyze my portfolio or any suggestion from your side to improve it better?

Apr 26, 2017 by Dev, Haldwani | Mutual Fund

You have selected good funds for your lump sum and SIP investments. The portfolio looks okay but we think, with a small modifications, you can make it better. ICICI Prudential Banking & financial Services... Read More

Is there any option to compare mutual fund lump sum returns

Is there any option for me to compare lumpsum returns for a particular fund in the particular period. For example: fund name: Birla Sun Life MIP Wealth 25 Plan - Monthly Growth - Payment lumpsum amount is Rs 500,000. Invested in Jan 2007 and end period is december 2008?

Apr 26, 2017 by Vikram, Hyderabad | Mutual Fund

Though there are couple of research tools in our website to compare the lump sum returns of funds in one particular period or various periods, the returns can be shown only from scheme inception date till... Read More

Have I and my spouse selected good funds for SIPs

48 years old, 1st time investor in mutual fund, I want to start SIP of Rs 25,000 per month, Rs 5,000 in BSL Frontline Equity, Rs 5,000 in ICICI Pru Value Discovery, Rs 5,000 in Sundaram Select Midcap, Rs 5,000 in DSPBR Micro Cap Fund Rs 5,000 in HDFC Balanced Fund. My wife aged 47 years selected funds Rs 5,000 in SBI Bluechip, 5,000 in Kotak Select Focus, Rs 5,000 in ICICI Prudential Top 100, Rs 5,000 in Mirae Asset Emerging Blue Chip and Rs 5,000 in ICICI Balanced Fund. Are my choices proper?

Apr 26, 2017 by Munir J Mehta, Mumbai | Mutual Fund

You and your spouse have selected good funds for starting your SIPs. You have selected schemes from large cap, diversified, balanced and mid & small cap funds. Though your choice of funds is good... Read More

Where to invest for 1 year

Need to invest 3-4 lakhs Lump sum for a a time duration of 1 year minimum (Maximum is not fixed). Request you to please suggest appropriate channels to invest the same. Also, please let me know the tax implications too if the withdrawal happens after a year or more?

Apr 25, 2017 by MGD, Mumbai | Mutual Fund

For investment horizon of 12 - 24 months, you can invest in short term bond funds. Birla Sun Life Short Term Fund, ICICI Prudential Banking & PSU Debt Fund, HDFC Medium Term Opportunities Fund and... Read More