Mutual Fund Queries

Which mutual fund to invest in for 5 to 7 years period

I have FD worth 10,00,000 which are maturing in January. I would like to invest same money for long term (5 - 7 years) in Mutual Fund. Please let me know which MF I should opt for to get good returns over the long term?

Dec 19, 2016 by Shreyas Shah, Mumbai | Mutual Fund

Investing your FD maturity amount in mutual funds for the long term is a very good idea. But note that, selection of funds should be based on your risk taking appetite and investment horizon. Since you have... Read More

Is investing in liquid funds better than MOD in SBI

Please suggest keeping money in savings bank account with MOD (Multi Option Deposit in case of SBI) mode is better than the liquid fund or not. What is the major deference?

Dec 19, 2016 by Basudev, Barbil | Mutual Fund

SBI Multi Option Deposit Scheme (MODS) are Term Deposits linked to the Savings or Current Account of the individuals. Unlike Term Deposits which can be fully liquidated anytime you need funds; you can... Read More

What should be the initial investment amount if I have to draw Rs. 50000 a month after a year

I am 69 years old and like to have a monthly fund of Rs. 50,000 after one year by STP from debt fund to balance fund to avoid long term capital gain tax. Considering the annual return of the existing balance fund and the inflation rate of 5% what would be the initial debt fund corpus required to get the same fund flow of Rs.50,000/- for 10 years after a lapse of initial one year?

Dec 19, 2016 by Asoke Kumar Sarkar, Kolkata | Mutual Fund

The initial part of your query is bit confusing as you have mentioned ".. after one year by STP from debt fund to balance fund to avoid long term capital gain tax". To get a fixed amount after one year, you need... Read More

How to get regular returns from SWP as I do not have pension

I am retiring on 01-08-2017. I am not having pension facility. I have to survive on monthly income from SWP MF without tax. I will receive Rs. 20 Lakhs on retirement. Please advise low risk Mutual Funds with SWP?

Dec 19, 2016 by Nagaraju, Ananthapur | Mutual Fund

Investing in mutual funds should be based on your risk taking appetite. You have to think and decide how much risk you can take with your retirement money and how long you can remain invested? You have... Read More

Have I selected the right schemes for SIPs considering my age

I have 5 nos. of SIPs 1) Axis Mid Cap - Rs. 2,000 2) Quantum Long Term Equity Fund Rs. 2,500 3) IDFC Premier Equity Fund Rs. 2,000 4) ICICI Prudential Value Discovery Fund Rs. 5,000 5) Franklin India Prima Plus Rs. 5,000 are running & shall continue up to 2020 completes 36 months. Is it okay. This is to accumulate Value & growth. My age is 63 now?

Dec 17, 2016 by Bhawani Prosad Roy, Kolkata | Mutual Fund

The schemes you have selected for your SIPs are from diversified equity fund and mid & small cap categories, ideally suited to investors with high to very high risk taking capacity. You are 63 years old and... Read More

Which one of the three existing SIPs should I close

I have an investment in the HDFC Top 200 Fund, UTI MNC Fund and JM Multi Strategy Fund since 2008. Now I want to close any one fund but I can not decided which fund is closeable. If I see the previous return of the fund the JM Multi Strategy Fund has shown low returns against my investments. So, please help me in this regard. I will wait your answer?

Dec 17, 2016 by Mahendra Khandelwal, | Mutual Fund

Yes, your assessment about JM Multi Strategy Fund is right! The performance of this fund is nowhere compared to the leading multi-cap funds. You can continue with HDFC Top 200 Fund as the performance of... Read More

What if I start SWP from UTI Equity Fund and continue till 10 years

I want to invest Rs. 500,000 in UTI Equity Fund and take monthly SWP of Rs. 3750, Term 10 years. After 10 years how much return?

Dec 17, 2016 by P.K. Das, | Mutual Fund

SWP withdrawal from balanced funds and equity funds is gaining popularity amongst investors looking for regular returns. With regards to your query as to what would be the return after 10 years, if you withdraw... Read More

Is selection of funds for my SIP good

I am 26 year old married women I would like to have your opinion on my portfolio which is as following:- 1) DSPBR Micro Cap Fund - Rs. 2000pm, 2) Franklin India Prima Plus Growth – 2000pm, 3) L&T India prudence fund - Growth - 2000pm. I would like to increase my SIP amount will like to add new fund. I have short listed following funds in addition to my above existing funds:- 1) ICICI Pru Value Discovery Fund - 2000pm, 2) Mirae Emerging Bluechip Fund - 3000pm, 3) Franklin India Smaller Cos - 1000pm, 4) HDFC Midcap Opp Fund - 1000pm. Total amount to be invested in equity - 13000pm. In debt 1) BSL Dynamic Bond - 2500pm, 2) ICICI Pru Banking & PSU Debt - 2000pm, 3) HDFC Balanced Fund - 1000pm, 4) ICICI Pru Banking & PSU Debt - 1000pm, 5) Axis Short Term - 1000pm. Total amount to be invested in debt fund - 7500pm. Please suggest necessary changes required to be made or should I go for above chosen funds?

Dec 17, 2016 by Mahek, Mumbai | Mutual Fund

The 3 funds in which you are currently doing SIP are all top performing and suitable for an investor with moderately high risk taking appetite. You want to increase the total monthly SIP amount and have chosen... Read More

Where to invest two lakhs as lump sum

I want to invest Rs. 2 Lakhs as lump sum which I want to convert in SWP or STP for maximum 3 years. Kindly suggest the Best Fund and best plan with moderate risk?

Dec 16, 2016 by Dipesh Tare, Mumbai | Mutual Fund

Your query is not clear to us as you have written you want to invest Rs. 2 Lakhs as lump sum and covert in SWP or STP for maximum 3 years. This is quite confusing. Do you mean you want to invest in lump... Read More

Can you please let me know more about SWP

Please let me know more about SWP?

Dec 16, 2016 by Binu Kuriakose, | Mutual Fund

To know more about Systematic Withdrawal Plans or SWPs, we suggest that you read the following articles – A smart option for getting regular returns from balanced funds... Read More