Mutual Fund Queries

How to invest my FD maturity amount to get a fixed amount every month

I am 27 years old and very new to MF. I have an FD which is going to mature in march 2017 and because of declining interest rates and TDS, I am no longer interested in reinvesting. After going through several articles on the net I came across your website which I think will definitely guide me with this. Amount of Investment is Rs. 10,00,000 (Ten Lakhs). I also want a regular income from the investment and I have seen there are various SWP (again I am very new to MF). Please guide me where, how to invest the money so that I can reap the maximum out of it?

Dec 15, 2016 by Mrinal Pandey, | Mutual Fund

Your decision of not renewing the fixed deposit on maturity is a correct one. The interest rate on fixed deposits have come down recently and the rates are set to fall further in the coming months due to... Read More

Which are the good funds for SIP from my selected funds

I would like to invest Rs. 2,500 per month in Birla Sun Life Equity Fund - Growth and Rs. 2,500 in ICICI Prudential Balanced Fund - Growth. Or, Rs. 2,500 in ICICI Prudential Value Discovery Fund - Growth and Rs. 2,500 in SBI Magnum Balanced Fund – Growth. Are they good funds? Please advise me which one is better?

Dec 15, 2016 by Dr. Siva, | Mutual Fund

All the funds that you have selected from diversified and balanced fund category are amongst the top performing in their respective categories. It seems you want to invest 50% in a diversified equity fund and... Read More

Should I continue my SIP in Birla Sun Life MNC Fund or change it

Can you advise me for a SIP of around 15 years Horizon? I also would need your advise on, I have a running SIP of Birla Sun Life MNC Fund (Folio No 1016809619), I guess I am booking losses in this. Can you Please advise?

Dec 15, 2016 by Yogesh Shirole, Mumbai | Mutual Fund

We have already replied yesterday to the first part of your query. Please check here... Read More

Should I take loan and invest in mutual funds

I am planning to invest to 12 lakhs in mutual fund with SWP. I will take loan of Rs. 12 Lakhs for 10 year and invest in MF. I will pay 12000 per month as a loan EMI. Since I will go for Rs. 6,000 SWP each month so I have to pay only Rs. 6,000 from my pocket and rest will be paid by SWP. I will invest in following three mutual fund - 1) Sundram Select Midcap Growth - Rs. 4 Lakhs, 2) DSP BlackRock Microcap - Rs. 4 Lakhs, 3) Motila Oswal Most Focused 25 - Rs. 4 Lakhs. If history repeated for all above mutual fund then I am expecting around 1.5 Crores from my 12 Lakhs investment in 12 years. Presently I am paying 7000 per month for monthly SIP from last 4 year but not getting good return, I am getting return about 14-18% per annum on SIP. So I have plant to take loan and invest lump sum amount in One Go. Please suggest whether its good to take loan for mutual fund. Since I am 30 years old and I am risk taking investor. Can I take loan for this. Please suggest whether I have to take loan or continue with my existing Rs. 7,000 per month SIP. Reason for taking loan is only to invest good lump sum amount in one go so that I can get good return. I have seen lump sum amount invested in mutual fund have very good return instead of taking SIP?

Dec 15, 2016 by Sumit Bisla, Faridabad | Mutual Fund

It is never advisable to invest in mutual funds by taking a personal loan. In fact, if you take a personal loan, you will see that in the terms and conditions, it is clearly mentioned that the loan amount can no be... Read More

Where to invest 20 Lakhs if investment horizon is 5 years

What is your suggestion to invest 20 Lakhs in Mutual Funds for pure investment purpose (5 years time horizon)?

Dec 14, 2016 by Vathsala Rao, Bangalore | Mutual Fund

Investing in mutual funds should be based on your ability to take risk and investment horizon. That means, you should choose funds suitable to your risk profile. We are not sure what is your risk profile... Read More

Can you suggest suitable funds for short term and long term investments

Have an amount of approx 3 to 4 lakhs for investment. I am 50 years old, with no savings and 3 dependants (Annual income approx 5 Lakhs). Please advise mutual funds - 3 (for 1 Lakh each), 1. Can be withdrawn any time and 2. For long term and SIPs (3 in number for Rs. 8,000 each) 2 for 1 year and 1 for 3 years?

Dec 14, 2016 by Harmeet Singh, New Delhi | Mutual Fund

It is not a good situation that at age 50 you do not have any savings. You also have three dependants and, therefore, you should must have adequate life insurance coverage along with other saving and... Read More

How can I create a corpus of 2 Crores from my existing SIPs

Thanks Pradip for sharing the feedback. BSL debt fund I am investing is "BSL dynamic bond fund - Retail growth". About my portfolio mix, I am OK to take the risk as these investments are longer term (more than 5 years). Actually this portfolio is to generate the corpus for my retirement which is in 8 to 10 years. I am planning to retire early (around 50 years). I know the current monthly SIP is not enough to meet retirement plan as I am looking for 2 Crore corpus. I will increase my SIP amount in coming months. Please suggest whether am I am on right track or not? Again I appreciate a lot for your efforts to educate the investor. It's amazing to see depth of knowledge you are sharing. Keep up the fantastic work.

Dec 14, 2016 by Venkat, Bangalore | Mutual Fund

If you investing for the long term for your retirement goal, then avoid investing in BSL Dynamic Bond Fund and HDFC High Interest Fund. Please note that, unlike equities, the long term capital gain tax on debt... Read More

Which SIPs can get me handsome return if my investment horizon is 15 years

I need a SIP Product which will fetch me handsome Returns, my horizon is 15 Years, I need a product which is not linked to Insurance or some thing. Please advise me?

Dec 14, 2016 by Yogesh Shirole, | Mutual Fund

To suggest some funds for your long term investments, it would have been better had you provided us your risk profile and age with the query. Anyways, assuming that your risk profile is moderately high to high... Read More

Will the return on debt funds after 3 years be different for NRIs

Being invested in any debt fund for more than 3 years by an NRI and Resident Indian return on maturity will be same? If not how much will differ?

Dec 14, 2016 by Prabir Debnath, Kolkata | Mutual Fund

The return on debt funds after 3 years in case of NRIs as well as Resident Individuals will be same. In fact, why debt funds, in case of any category of funds, returns are same. However, please note that in case... Read More

Whether Axis Midcap fund is good to invest

I want to know whether Axis mid cap fund is good to invest. I am presently investing Rs. 2,000 per month since last 4 years?

Dec 13, 2016 by Venkatraman B, Bangalore | Mutual Fund

For the time being you can avoid AXIS Mid Cap Fund as we found that the fund performance is significantly lagging compared to its peer group. The fund is unable to even beat the benchmark and category returns... Read More