Mutual Fund Queries

How to earn monthly return from mutual funds

I am Srikrishna from Hyderabad. I am planning to invest 30 lakhs for my parents retirement with a monthly income of 25,000 for the next 15 years. Please suggest?

Apr 21, 2017 by Srikrishna Sajja, | Mutual Fund

Since this investment is for getting regular return from retirement amount, have you figured out how much risk your parents can take? If they do not want to take any risk, then investing in Senior Citizen’s... Read More

If I have pay taxes on the dividends received

Some questions - I have investments in the following funds: 1) HDFC Balanced Fund - Dividend Payout - Quarterly, 2) ICICI Pru Balanced Advantage Fund - Monthly Dividend Payout, 3) L&T India Prudence Fund - Dividend Payout, 4) BSL 95 Balanced Fund Dividend Payout. Grateful if you can let me know, if I have to pay tax on the dividends received for these funds for FY 16/17 (AY 17/18)?

Apr 21, 2017 by Nataraj Mahadevan, | Mutual Fund

Mutual fund dividends received in the hands of the investor is totally tax free. You have received dividend from 4 balanced funds and all are tax free in your hand. However, you must show the receipt of these... Read More

What is the criteria for choosing growth or dividend reinvestment

In your opinion what should be the criteria for choosing between Reinvestment and Growth options? Which one will give more returns over a period of, say 10 years ?

Apr 21, 2017 by Devinder Singh Dhaliwal, | Mutual Fund

Please note that choosing between the plans – Growth or Dividend Reinvestment - to get more returns, is a myth. You will get the same returns either you are investing in growth option or dividend reinvestment... Read More

Is there a safest mode of investment in mutual funds

I have 5 lakh Rupees capital. Which is safest mode of investment in mutual funds. Can I invest in MIP and do STP to diversified fund. Or park money in liquid fund amount in mutual funds do same investment duration - 15 years – can take high risk. Please guide me?

Apr 20, 2017 by Mohamed Bysal, Thiruvananthapuram | Mutual Fund

Please note that there is absolutely no way or mode of investing in mutual funds which we can call safest. Mutual Fund investments carry market risk and the level of risk depends on the category of funds... Read More

How to achieve child education goal of Rs 80 Lakhs

I want a corpus of 80 lakhs in next 15 years for my child's education. I am currently 39 years old and I save around 25 thousand per month from my salary. Will investing around 1 lakh per year in equity growth funds achieve this target in the next 15 years? Also are there any other avenues or methods for achieving this target other than MFs? Please suggest?

Apr 20, 2017 by Hitesh, Mumbai | Mutual Fund

Your current monthly SIP of Rs 25,000 can get you a corpus of Rs 1.32 Crores after 15 years assuming annual returns of 12.5%. Your total investment in 15 years is Rs 45 Lakhs. Check this tool... Read More

In which Fund should I start my SIP

I want to invest 4000 in SIP for 20 years. Please suggest which SIP I invest for better return?

Apr 20, 2017 by Shailendra Kumar, Bhopal | Mutual Fund

Since your investment horizon is 20 years, diversified equity funds could be the best choice. You can invest Rs 2,000 each in any of the two diversified equity funds from the following list... Read More

Whether my investments are okay to continue

Myself Dr Namdeo Jagtap, my monthly take home salary 160,000, currently My term insurance 1 Crore, Debt fund ICICI Prudential 500,000. SIPs ICICI Long Term Equity for Tax Savings Rs 10,000 ICICI Prudential Exports and Other Services Fund Rs 5,000. ICICI Elite Life 2 - 200,000 per year for 5 years Two LIC policies amounting 120,000 as annual premium. Family floater 10 lakhs, Car loan 450,000. Would you suggest me to invest some more amount 30,000 per month for 4 - 5 years? Whether to continue with current SIPs or change SIPs, Please guide regarding whether my investments are appropriate or less?

Apr 20, 2017 by Namdeo jagtap, Pune | Mutual Fund

Thanks for sharing your investment details. Here are our suggestions - Your take home salary is Rs 1.60 Lakhs per month, therefore, annual income is Rs 19.20 Lakhs. Compared to your annual income, the... Read More

Can you provide contact details of DSPBR Mutual Fund

I want Mail Id and Contact no of DSPBR India Tiger Fund Dividend?

Apr 20, 2017 by Y K Sharma, Noida | Mutual Fund

You can contact DSP BlackRock Mutual Fund thru email/ phone / registrar or branch offices. The... Read More

Can you let me know about capital gain tax on mutual funds

Would like to know the in and outs of Capital Gain Tax on specifically mutual fund investment?

Apr 19, 2017 by Dhananjay Kelkar, | Mutual Fund

To know about mutual fund taxation and also about the capital gains taxes on mutual funds, do... Read More

How to invest 30 Lakhs for my father

Hello sir kindly tell me how one can invest 30 lakhs? Mutual fund, FD or any other product? My father wants to invest. And if mutual fund then please tell me name of those mutual funds to invest for 3- 5 years Goal is wealth creation?

Apr 19, 2017 by Diya A, Porbandar | Mutual Fund

Before investing in any product, be it FD or mutual funds etc. you must know what is the risk profile of your father? Since you know the goal, i.e. wealth creation and the time horizon. i.e. 3-5 years, knowing his... Read More