Mutual Fund Queries

What is maximum STP investment limit in Mirae Asset Emerging Bluechip Fund

I am interested to invest in Mirae Asset Emerging Bluechip Fund through STP route. From your recent article on Mid and Small Cap Funds dated 16th Oct 2017, it is not clear if the limit of Rs. 25000 is per trade day of per month? Somewhere else it says STP into this fund is not allowed. Please clarify?

Sep 4, 2017 by Sunil Kumar Sharma, | Mutual Fund

Mirae Asset Emerging Bluechip Fund is accepting investments through SIP, STP, VTP and TRIP plans. The limit is maximum Rs 25,000 per instalment. The following is explained on their website - ".....However... Read More

Can I get some clarification on my investment in Sundaram Select Focus Fund

I have attached an excel sheet about my investment in Sundaram Select focus Mutual fund - dividend reinvest. I started my investment in 14/01/2013 till 14/12/2015 by investing Rs.5000 pm. with a view to get dividend and growth on my invested amounts via SIP. However unfortunately not much growth nor dividend till July 2016. But since August 2016 it gave quarterly dividend of rs. 1, 0.5, 0.5, 0.5 and last on 16 August 2017 of 0.25 (Disappointed a bit on last dividend rate). I invested in the scheme with full knowledge of the past but I came across articles written by Sri Dwaipayan Bose and would like him to reply my queries. Sir my queries are as follows: 1) After having invested in this scheme how I should view my returns or growth going forward in this scheme. 2) As you can see I have invested in this fund since 3 and a half years, now how I should look at my returns in sense of absolute / per annum basis / trailing returns etc. If you could explain in detail as to what points an investor should should look in the fund, it would change our view of looking at returns. Or all are important. 3) sir as you can also see the dividends are not fixed but the fund manager is trying to make it look attractive so that people invest. I do not mind not getting dividends as long as the fund performs and there is a visibility of growth of my portfolio value in total. 4) Sir if you have another example / fund which explains my query better please let me know through that example, as my fund selection may not give a long term view so as to understand your thoughts. Sir your articles are good but examples are not there. Hence I request you to take some time and explain to investor community at large as to how our approach should be towards our investment, so that we would change and equally learn as how we should view our investments?

Sep 4, 2017 by Vivek Sethi, Bangalore | Mutual Fund

Sorry for the late reply. Let us address your questions / comments one by one. Let us address questions 1 and 2 together because they are related. Trailing returns are not applicable for SIP investments... Read More

Which best mutual fund should I invest to get regular return

I have always ardently followed up on your very fruitful guidance / advise on MF investments from your site. 1) I will share with you my present monthly SIP as follows so that you may suggest if any changes need to be done (my view will be of 5 years). Question:- Suppose I need to REDUCE MY SIP from INR 15500 TO 12000, which funds shall I reduce from? Summary Synopsis: Aditya Birla Sun Life Front Line Equity Fund (G) - 5000 - %32.26, Aditya Birla Sun Life Equity Fund (G) - 1000 - %6.45, ICICI Prudential Focused Bluechip Equity Fund (G) - 4000 - %25.81, HDFC Mid Cap Opportunities Fund (G) - 3500 - %22.58, SBI Blue Chip Fund Regular Plan (G) - 1000 - %6.45, Franklin India PRIMA Fund (G) - 500 - %3.23, DSP BlackRock Micro cap Fund - Regular Plan (G) - 500 - %3.23, total MF investments in September 2017 - 15500. 2) In next 2 months I shall receive INR 4 LACS+INR 6 LACS from some matured Investments. Question:- Which MF shall I invest for good returns (I can keep the money for 5 years). Also as you advise, please bear in mind I might require SWP from 2018, so please suggest the MF which will give good returns on limp sum and later SWP. 3) In April 2018, I will get INR 15 LACS from my PPF investments. Please suggest in which MF shall I invest lump sum and later I may go for SWP (i.e one year after my Investment). Looking forward to your revered advise as always?

Sep 4, 2017 by Jita Das, | Mutual Fund

As all your SIP funds are in good funds it is difficult to point out which one to close as you want to reduce your total monthly SIP from Rs 15,500 to rs 12,000. However, I am giving the suggestions with an objective... Read More

How to start investing in mutual funds in India to reach my goals

I am planning to invest for a period of 15-20 years. My two goals: 1) My two kids education after 15 years, 2) Sufficient money to live after Retirement after 20 years. I can take moderate risk and expecting aggressive growth. How much should I invest and in what funds?

Sep 3, 2017 by Praveena, Bangalore | Mutual Fund

You cannot take moderate risk and expect aggressive growth because risk and returns are directly related. We do not want you to be disappointed and therefore you should have the right expectations. Since, you... Read More

Which mutual fund is best to meet my regular income needs

Please let me know if I need to make changes in my portfolio. I have retired and currently on a 2 year contract which expires March 2018. I need to get regular monthly income to help tide over my daily expenses. Birla Sun Life Frontline Equity (2.05 L); Birla Sun life Balanced 95 (2 L); Franklin Build India (1.3 L); HDFC Balanced Fund (Div 2.5 L) & (Growth); HDFC Prudence Fund (2.5 L); L&T Business Cycles (74 K); Reliance Growth (1 L); SBI Magnum MIP (1 L) & Tata Balanced Fund (4.5 L). Are these funds good as of today?

Sep 3, 2017 by Janet Fernandes, Pune | Mutual Fund

L&T Business Cycles Fund, Reliance Growth Fund are average / below average performers in terms of consistency. Rest of your funds have good track record. By getting out of average / below average... Read More

Which mutual funds to invest from the debt fund category

What kind of debt fund is good for long term investment (5 to 7 years) Gilt fund / Dynamic bond fund / income fund? Can you please through some light on this? Are debt funds durable for long term investment?

Sep 3, 2017 by Venkat, Bangalore | Mutual Fund

Debt funds can be good long term investment options for conservative investors. Please read our... Read More

Which are top performing SIP mutual funds from my selection

I have an SIP in 1000 each except ICICI Prudential 2000 and Reliance Regular Savings Fund 1500, HDFC Equity Fund, ICICI Pru Top 200, Reliance Regular Savings Fund Equity, SBI Blue Chip, HDFC Capital Builder, DSPBR Opportunity, Reliance Vision, ICICI Pru Value Discovery, HDFC Top 200, DSPBR Top 100, Birla Sun Life Frontline Equity, Franklin India Prima Plus. I want to know how are my fund selection and have long horizon of 14 years. I'm expecting the annual return of 13-15 percent is it achievable what the total amount I can expect by thus investment?

Sep 3, 2017 by Harish, Mumbai | Mutual Fund

You are investing in a large number of funds. Investing in a large number of funds will not improve your risk diversification, but may compromise your returns. You should try to rationalize the number of... Read More

Which mutual fund to invest based on my risk profile

Please suggest suitable equity funds for conservative/moderate & aggressive investors SIP amount 2000 to 5000/pm & time horizon 3 to 5 years?

Sep 3, 2017 by Probal Kumar Ghosh, New Delhi | Mutual Fund

Equity funds are only meant for aggressive investors. Moderate risk investors can invest in balanced funds and debt oriented hybrid funds. Conservative investors should invest only in debt funds. Since you are... Read More

Which debt mutual fund is best to invest

Is it right time to invest in debt funds and Particularly to invest in Long term debt or Gilt funds?

Sep 2, 2017 by Naresh Kumar, Bathinda | Mutual Fund

Firstly, your decision to invest in debt funds should not solely be driven by interest rate regime. It should depend on what your financial objectives are. If your question is whether one can expect to get high returns... Read More

Which mutual fund is best to invest from my choice

I'm looking to invest for the next 10-15 years. Right now I can only invest Rs. 10000 in mutual funds through SIPs. I've short listed the following funds from each category and will go with one from each. Could you help me choose and also recommend the amount to be put in each for a moderate investor? Large Cap - SBI Bluechip vs Kotak Select Focus, Multicap - Birla Sun Life Equity vs Birla Sun Life Advantage, Balanced - HDFC Balanced vs ICICI Pru Balanced, Small/Midcap - Mirae Asset Emerging Bluechip vs DSPBR Micro. Balanced - Rs. 4000, Large - Rs. 3000 (or 2500), Multicap - Rs. 2000 (or 2500), Small/Midcap - Rs 1000?

Sep 2, 2017 by Shan, Delhi | Mutual Fund

All the funds selected by you are very good. As an unbiased research organization, it will be unfair on the part of Advisorkhoj to choose between two funds, which are in the same performance class. You can... Read More