Mutual Fund Queries

For a beginner which fund is suitable to start SIP for retirement

I am a beginner in investing and I am planning to invest in SIP (25000 p/m). My investment period will be 15+ years. Basically I am looking for wealth accumulation for my Retirement. Please suggest good Mutual funds which can give me good returns and investments which can help in tax saving, Please advice?

Apr 13, 2017 by Satish Ganesh, Banglore | Mutual Fund

As a beginner on mutual fund investing, you should first assess how much risk you can take with your investment and what is the investment horizon. Since you know the investment horizon, you only need to... Read More

How to reach my retirement and child education goals

I am 36 and my wife is 34. We both are working. Wants to get retire at 58yrs. We have a flat worth Rs. 90Lakhs in New Delhi and a term policy of INR 2.5Cr and 2Cr for me and her respectively. A medical policy of Rs. 10Lakhs. INR 7Lakhs in saving bank. We have no loans as of now. No kids as well. I am investing in Axis - Long Term Equity (G) (2000); Birla SL - Frontline Equity Fund Reg (G) (2000); Franklin - India Bluechip Fund (G)(5000); Franklin - India Prima Plus (G) (2000); HDFC - Equity Fund (G) (7000); ICICI Pru - Value Discovery Reg (G) (2000); SBI - Blue Chip Fund Reg (G) (5000) on monthly basis. My question is, for retirement, I would like to have a corpus of INR 3Cr-4Cr. and INR 2Cr-3Cr for the kid education after graduation. Could you help me in deciding the right investment plans?

Apr 13, 2017 by Saurabh Mishra, New Delhi | Mutual Fund

We will not comment on the term plans both of you have taken as the life cover through term plans should be approx 12 times of your annual income + Liabilities. Accordingly, check if you and your spouse are... Read More

Can you help reduce number of schemes in my portfolio

I have a portfolio of multiple funds, around 13. I want to reduce it, but don't understand, which one to chuck, as all look equally good. Can you please help me in reducing the following portfolio: DSP BlackRock Natural Resources and New Energy Fund - Direct Plan: 2000, Mirae Asset India Opportunities Fund - Regular: 3000, Franklin India High Growth Companies Fund - Direct Plan: 3000, ICICI Prudential Exports and Other Services Fund: 1500, DSP BlackRock Micro Cap Fund - Direct Plan: 2000, Reliance Small Cap Fund - Direct Plan: 2000, SBI Small & Midcap Fund - Direct Plan: 1000, HDFC Balanced Fund: 3000, ICICI Pru Bkg & Fin Serv-RP: 2000, SBI Pharma Fund - Direct Plan: 2500, UTI Transportation and Logistics Fund - Direct Plan: 2000, Frankline Build India Fund: 3000, ICICI Pru Discovery fund: 2000. I am investing for 15-20 years time horizon, mainly for my kids education?

Apr 13, 2017 by Aditya Garg, Bengaluru | Mutual Fund

Yes, you have too many schemes in your portfolio. You are currently doing monthly SIP of Rs 29,000 in 13 schemes. Please note that for achieving long term goals, SIPs in diversified equity funds could be... Read More

Is HDFC Midcap Opportunities fund go for long term

What about HDFC mid cap opportunity fund (G). Can I invest in this scheme for long term?

Apr 13, 2017 by Kuldeep Bijaka, Jaipur | Mutual Fund

Yes, HDFC Midcap Opportunities Fund is a top performing midcap fund. If your risk profile is high and investment horizon more than 5 years then it is a right fit for your long term investments. Though midcap... Read More

How can I get better than FD returns from mutual funds

I am a regular visitor to your site and find the information regarding MF incisive. I want to invest around 5 lacs in MF for a period of about 3 years. First priority is capital protection and second returns beating FD returns. can you please suggest some debt funds?

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

Thanks for the kind words about Advisorkhoj website. Since your investment horizon is 3 years and you are looking for capital safety, you can invest in long term debt funds/income plans. These funds can... Read More

Can I get a Mutual Fund advisor in Trivandrum

I am residing in Trivandrum. I need advise for my MF portfolio. I could not find an experienced advisor near Trivandrum or at kochi. Can you help me?

Apr 12, 2017 by Satheesh Sam, Trivandrum | Mutual Fund

There are a lot of advisors in Trivandrum whom you can contact for investing or taking advise on mutual funds. We have given below the names of around 20 advisors with their mobile number and email ID... Read More

I want to know the performance of ING Vysya Mutual Fund schemes

I want to know the performance of ING Vysya mutual funds?

Apr 12, 2017 by Parminder, | Mutual Fund

ING Vysya Mutual Fund does not exist in India any more. ING Vysya Mutual Fund was acquired by Birla Sun life Mutual Fund in the year 2014. Following the acquisition, all the schemes of ING Vysya Mutual Fund... Read More

Can you suggest ELSS diversified and balanced funds which pays regular dividend

Please suggest me balanced, diversified & ELSS funds 2 each. I am 60 years old and want dividends either yearly, quarterly or monthly no matter?

Apr 12, 2017 by Dr. Anutosh Pattanayak, | Mutual Fund

You can choose any two funds from the following selections in respective categories – Balanced Funds – DSP BlackRock Balanced Fund, SBI Balanced Fund, ICICI Prudential Balanced Fund, HDFC Balanced... Read More

Can you clear my doubts about mutual fund STPs

Lump sum or STP? shedding of confusion please. After going through the advice I deposited Rs 2L in ICICI Liquid Fund in Aug, 2016 and start weekly STP of Rs. 5000. In the last week of Aug my first STP was made @ Rs 127.50 ps. the STP is going on regularly. What I have observed that the average of per Unit after paying 30 instalments not come down from my first purchase per unit i.e, Rs 127.50 ps. My question is that had I invested this amount in one lump sum at the beginning my entire investment was at Rs 127.50 ps per unit where as through STP it would be quite hire. Kindly clear the myth or confusion in this regard. Further I have another Rs 5L to invest in Balance Fund then in how many months it should be TRD through STP to get average? The longer the period of transfer higher the chances of loosing averaging as the unit rates may increase in majority of instalments as happened with me as stated above. Kindly enlightened with all pros n cons?

Apr 12, 2017 by Vinay Vashisht, Chandigarh | Mutual Fund

We could not understand your query well! Though you have mentioned that you have started the STP from ICICI liquid fund, you have not mentioned the target scheme name, i.e. the scheme to which you are... Read More

As I am new to SIPs which fund should I invest for the long term

I am new to SIP. I will invest 5000 per month. My age is 31. Investment Period 15-20 years. For 1 child education & marriage. Suggest excellent growth oriented SIP plans?

Apr 12, 2017 by Kareem, Yanam | Mutual Fund

Mutual Fund investments need to be made according to your risk profile. Though you have not given your risk profile, assuming your young age and long term investment period of 15-20 years we suggest that... Read More