Mutual Fund Queries

Where to invest my money for 1 year investment horizon

I have 50000 to invest for an year but I am confused which category would suit me the best in view of 1 year of timeline looking at current market situations. I am looking forward towards as my choices: 1) Dynamic Bond, 2) Gilt Fund, 3) Liquid Fund, 4) Fixed Deposit. Please suggest if there is better category apart from these 4 listed above?

Dec 4, 2016 by Mohit, Delhi | Mutual Fund

You can invest in Liquid funds or short term debt funds for an investment horizon of 1 year. Please check the top performing liquid funds and debt funds from the following links... Read More

Has DSP BlackRock Balanced Fund announced dividend for November 2016

Normally record date for deceleration of fund is 28 but so far I guess Nov.'s dividend is not yet announced on DSPBR Balance Fund (D)?

Nov 28, 2016 by Noutam Prabhudas Mehta, | Mutual Fund

Historical Dividends of DSP BlackRock Balanced Fund - Regular Plan - Dividend it pertains to the dividend announced for the month of October 2016 – record date was October 28, 2016. The dividend for... Read More

Should I invest in Balanced Fund as I am aged 63

I am age 63, can I invest 1 lakh lumpsum in balanced fund open ended for another three years, or can you please suggest which fund I invest this in my aged?

Oct 26, 2016 by R Varadharajan, Salem | Mutual Fund

Investing in mutual funds is all about your risk taking ability. You should choose schemes or category of funds based on how much risk you can take? Generally speaking, if you are a moderately high risk taker... Read More

How often should I monitor my Mutual Fund portfolio

I have two questions with regards to my mutual fund portfolio. My investment is through SIP's. 1) How often should I be monitoring my portfolio? 2) What should be my plan of action if one (or more) funds are not doing as well as its peers (or the index) for a sizeable duration of time, say 1 year or more? Should I be temporarily stopping the SIP on this fund? Should I be exiting and no longer investing? Should I be investing more? It is easy to assume that the fund performance would be consistent all through the years; if that is the case – well and good; If that is not the case (or there is a drop in the performance of one of the finds for a long duration), what should be the plan of action?

Oct 26, 2016 by Manu, Bangalore | Mutual Fund

Though you have two questions, I am trying to answer them in one. First, if you have selected funds carefully while starting the investment, then you need not monitor it every now and then. Having said that, you... Read More

Am I going in right direction by minimising the number of MF scheme

I am Deepak 29 years old. I have buy 7 mutual schemes - DSP BlackRock Micro Cap Fund - Regular Plan(1000), Birla Sun Life Frontline Equity Fund(1000), ICICI Prudential Focused Bluechip Equity Fund (G)-1000, Canara Robeco Emerging Equities Fund - Regular Plan - 1000, Tata Balanced Fund - Regular Plan - 1500, Mirae Asset Emerging Bluechip Fund - Regular Plan - 1000. As there are so many mutual fund schemes I have purchased now I am going to close Canara Robeco Emerging Equities Fund - Regular Plan - 1000, and put all the amount of this scheme in DSP BlackRock Micro Cap Fund - Regular Plan(1000) and will continue with only DSP BlackRock Micro Cap Fund - Regular Plan(1000); is am doing right thing? Because both the schemes are under small & mid cap category so instead of keeping both I will keep only one i.e., DSP BlackRock Micro Cap Fund. Also for Large cap category I have purchased Birla Sun Life Frontline Equity Fund (3000) & ICICI Prudential Focused Bluechip Equity Fund (G) - (1000) so I am going close one of them and continue with only one scheme kindly suggest which I should continue. My intention is to keep minimum schemes and take advantage of cumulative amount. Is I am going in right direction?

Oct 26, 2016 by Deepak, Thane | Mutual Fund

All the 7 funds selected by you for your monthly SIP are good funds. It is always ideal to keep the number of funds as less as possible. More than the number of funds, performance of the funds in your portfolio... Read More

Can USA NRIs invest in ELSS Mutual Funds

I am NRI USA, so can I invest in ELSS scheme?

Oct 26, 2016 by Naranbhai Patel, Baroda | Mutual Fund

Yes, you can invest in ELSS Mutual Funds in India even if you are a US NRI. However, please note that all AMCs in India do not accept investments from US NRIs. Therefore, please note that only the following... Read More

I want to invest in Shariah Compliant Mutual Funds

I want to invest in shariah compliant mutual funds to get capital appreciation along with religious guidelines. I have SIP of 5000 rupees in Tata Ethical Fund. I want to have some part of my investment in small and midcap funds which are capable of giving higher return, can you suggest me shariah compliant small and mid cap fund?

Oct 25, 2016 by Mohamed Imran, Dhule | Mutual Fund

Unfortunately, the universe of Shariah compliant diversified equity mutual funds in India is very limited. There are only 2 Shariah compliant mutual fund schemes in India, Tata Ethical Fund and Taurus Ethical... Read More

Where to invest lump sum amount for one year

I am 30 year old single guy and want to invest lump sum amount of 8 lacs for 1 year. My goal is to build corpus for buying home after 1 year. Please suggest in which mutual funds I should invest this money. Also I want to invest 20000 every month in SIP. Please suggest mutual funds for the same. I also want to invest 5000 a month for tax saving funds. Please suggest few ELSS tax saving funds. I am the sole earning member in the family and have 3 dependants, so my risk capacity is moderate. I have 15 lacs invested in bank FDs. I will be getting married next year, so would need a good amount of money for the same. Please suggest should I continue with the bank FDs or any changes are required to that. I am also open to invest in any other entity apart from mutual funds provided there is an option for liquidity and risk factor is low/moderate?

Oct 19, 2016 by Pankaj, Ahmedabad | Mutual Fund

For investing your lump sum amount for one year, you should go with liquid funds. Please check... Read More

From where to select top mid cap and large cap funds

I need top 5 mid cap and large cap fund I need top 5 mid cap and large cap fund name?

Oct 19, 2016 by Santanu Mitra, | Mutual Fund

We have reviewed top mid and small cap funds for investing in 2016 which please go through... Read More

How to get my investment details from Mirae Asset

I applied for investment in mid cap investment fund i.e., Mirae Assets Emerging Blue Chip Fund with monthly subscription 2000 p.m. wef. October 2016. But still I have not got any response from your end. Whether any shortcoming found in the form or otherwise. Please give me early reply so that I can do needful or stop it. early action may be solicited please?

Oct 17, 2016 by Laxman Singh, Pilibhit | Mutual Fund

Please note that for your investments in Mirae Asset you need to contact the AMC directly at... Read More