Mutual Fund Queries

Can I invest in debt funds for more returns than FD

I want to invest around 5 lacs in debt funds. The investment horizon is 3-5 years. Main consideration capital protection and then returns more than FD. please suggest some funds for the same?

Apr 13, 2017 by Narendra Mahajan, Ichalkaranji | Mutual Fund

For 3-5 years investment horizon you can invest in long term income funds. Please see the top... Read More

Can you suggest 3 fund names where capital is absolutely safe

Please suggest 3 top performing funds in which my capital is absolutely safe?

Apr 13, 2017 by Parampal Singh Dang, Chandigarh | Mutual Fund

If you are looking for absolute safety of your capital then no mutual fund scheme or AMC can guarantee that. By nature, mutual fund investments are subject to market risk and the extent of risk depend on the... Read More

Will switch from regular plan to direct treated as sale of units

I am invested in DHFL Pramerica - Low Duration Fund - Daily Dividend for a little over an year. It was a lumpsum investment done via a distributor. Here are my questions: * Last year I had some cash earmarked for a purchase which did not materialize, hence I parked/invested my money in this fund for quick access. Since I have postponed my purchase plans for another 1 year, is it advisable to remain invested in this fund for that duration or do I have other options in the same category? * Their support team mentioned that there is no exit load on this investment however, I wanted to know if I go ahead with the "Switch" option (Direct - Growth), is it better than the current option (Daily Dividend)? * Is there any tax liability on me if I go ahead with the Switch option, considering the switch option may/will consider it as a fresh investment and thereby any angle of short term gain (as it is just an year old investment)?

Apr 13, 2017 by Mohit, Bangalore | Mutual Fund

Growth plan will be better if you are falling in lower tax bracket (i.e. less than 30%). For higher tax bracket dividend pay out option can be beneficial. If your investment horizon is one year then you can consider... Read More

What is the minimum amount to start ELSS SIP

I am 44 years old and want to start SIP ELSS. What's my minimum start amount and the best tax saver to grow my wealth creation per month?

Apr 13, 2017 by Henry, Panjim | Mutual Fund

The minimum amount with which you can start a SIP in ELSS is Rs 500 per month. ou can invest in any one from these schemes - DSP BlackRock Tax Saver Fund, Reliance Tax Saver Fund and ICICI Prudential... Read More

Is the redemption amount repatriable from NRO account

My son is an NRI and has NRE and NRO accounts. He has invested in Mutual Funds through his NRO a/c. Can he redeem these investments and repatriate them. Should the funds be transferred to the NRO a/c before transfer? If so, can you please advise on the formalities?

Apr 13, 2017 by Subramaniam, Nerul | Mutual Fund

No, the redemption proceeds received in NRO account can not be repatriated. NRO accounts are treated like ordinary savings bank account. However, your may repatriate redemption proceeds received in... Read More

Is there any difference in return between SWP STP and SIP

Is there any difference between STP Versus SWP + SIP from returns, Fund management charges as well as from taxation point of view?

Apr 13, 2017 by Vikas, Pune | Mutual Fund

Yes, there will always be a difference in returns as you are investing through different methods. SWP and STP are completely different methods and can not be compared. While SWP may provide a fixed regular... Read More

Can you suggest good SIP schemes

I have purchased below MF schemes and I invest Rs. 1000 per month. I need your expertise to assess below schemes and please let me know if these are good for long term investments like 10-15 years. L&T Midcap Fund - Growth, BSL Top 100 Fund - Growth, SBI Blue Chip Fund - Direct Plan - Growth, Reliance Tax Saver (ELSS) Fund-Direct Plan Growth, Franklin India High Growth Companies Fund. Also I am planning to buy some more SIP's in next month for my child's education and future plans and I can invest around Rs 3000-5000 per month. Can you please suggest best SIP in the market?

Apr 13, 2017 by Mayank Pande, Poona | Mutual Fund

The fund names you have mentioned are all top performing amongst their respective categories. But before investing in them, you need to know your risk profile and the investment horizon. If your risk profile... Read More

Have I selected the right funds for my retirement

First of all a thank you for creating such an awesome site with active interactions. I have been going through various queries posted on you website along with the informative articles with all the basics of investment are clarified and have a learned a lot in last 2 days even though I just started investing in mutual funds for 20 Years. I am currently 31 and looking for my retirement at the age of 50. Currently I am investing 30,000 per month on 3 different funds, below mentioned are the funds 1) Birla Sun Life Frontline Equity Fund - INR 10000 - 15 Years, 2) HDFC Mid-Cap Opportunities Fund - INR 10000 - 15 Years, 3) ICICI Prudential Value Discovery Fund - INR 10000 - 16 Years. Kindly look into this funds and suggest me if this are going to be good for long term. Also the payment dates for deduction has been distributed into different dates so that I have different dates for purchasing of this funds. Also I wanted to invest additional of 20,000, but as you should be aware that DSP BR Micro Cap Fund has stopped taking new investment. Kindly suggest me some good funds that can be backed up for my long term goals for 20 years. I am an NRI user so there no much headache about tax benefits and other such complications. Awaiting for your quick and prompt response?

Apr 13, 2017 by Robin, Kuwait | Mutual Fund

At the outset, we thank you for the kind words about our website. Glad that you find it informative and learned something from here. The funds you have chosen are amongst top performing in their respective... Read More

Have I selected the right schemes for SIP

I want to start SIP in the following schemes. SBI Bluechip, Mirae Emerging Bluechip Fund, Franklin India Smaller Companies Fund, Reliance Small Cap Fund and Kotak Select Focus Fund for 10 years. Are these funds advisable to invest?

Apr 13, 2017 by M Srinivasa Reddy, Hyderabad | Mutual Fund

You have selected good performing schemes from large cap, mid & small cap multi-cap category of equity funds. Yes, these are advisable to invest fro 10 years, provided your risk profile is high... Read More

How to select schemes if one is new to Mutual Funds

Wheather on should start with multiple SIP or not - also when as a new investor not having idea about SIP how to select fund as go with debt or equity or bound - how to select Mutual Fund house for such SIP?

Apr 13, 2017 by Sarvesh, Mumbai | Mutual Fund

For an individual who has no idea about mutual fund investing, he should first assess how much risk he can take and what is the investment horizon of his SIP or the financial goal which he wants to achieve... Read More