Mutual Fund Queries

I am unable to login to my AXIS Mutual Fund Folio

I am an existing investor in Axis Mutual fund and my Folio number is 91015219414. I am trying to log in with my e-mail ID but I am getting a response that my Email id is not registered and hence I request you to do the needful so that I can access my account?

Sep 12, 2016 by Raghuveera, Hyderabad | Mutual Fund

Regret that we cannot help you in this matter. You will have to take this up with AXIS Mutual fund directly. You may speak to them at 1800 221 322 04 1800 3000 3300 or write to them at... Read More

Can you kindly advise me about my mutual fund portfolio

Thank you for your informative articles. They are very useful. Now kindly advise me about my portfolio: I have started SIP in few mutual funds - 1. Axis Long Term Equity Fund, 2. Reliance Tax Saver, 3. ICICI Prudential Discovery Value, 4. SBI Magnum Multicap Fund, 5. DSP BlackRock Tax Saver Fund, 6. HDFC Balanced Fund. Each Rs. 5000 per month for 20 years. Is it OK?

Sep 12, 2016 by Vipin, | Mutual Fund

Thanks for the kind words. Glad that you found our articles informative. With regards to your mutual fund investments, please note that you have selected good funds from ELSS, diversified and balanced... Read More

Can Mutual Fund units be transferred like shares

Please let me know whether mutual fund units can be transferred like shares?

Sep 12, 2016 by R.K. Bansal, | Mutual Fund

Please note that units of mutual fund schemes are not transferable like shares. Mutual funds units... Read More

Can a person invest in ELSS for only one year

I have a question to ask about ELSS. Can a person invest in ELSS for only one year or it is mandatory that he has to invest for couple of years?

Sep 12, 2016 by Biman Kumar Chatterjee, | Mutual Fund

ELSS investments are subject to lock-in period for 3 years as you are availing tax benefit under Section 80C of the Income Tax Act 1961. However, if you are investing in ELSS in any year, that does not mean that... Read More

Which is the best SIP fund for 5 years

I want to invest Rs. 3000 per month in SIP which is the best for me for 5 years?

Sep 12, 2016 by Devendra, Gorakhpur | Mutual Fund

If your risk taking ability is moderately high to high then you can invest in SIPs of diversified equity funds. You may select a fund from the following top performing mutual funds... Read More

Should I remain invested in ICICI Prudential US Bluechip Equity Fund

I have been investing in ICICI Prudential US Bluechip Equity Fund - Direct Plan - Growth for 3 years now through SIP. But the fund has not given desired return as on date it is around 10%. What shall I do, should I shift to other fund or should wait for some time. Please advice?

Sep 12, 2016 by Basudev, Barbil | Mutual Fund

You have invested in an Equity-International Fund. This scheme was launched at a time when Indian markets performance was below par and the US markets were doing well. ICICI Prudential launched this... Read More

Which are the top debt funds to invest

I want to invest some money in debt funds for capital appreciation for a time horizon of more than five years. I consider myself a moderate risk taker. Please suggest appropriate funds?

Sep 12, 2016 by Pranav Kumar Tewari, Patna | Mutual Fund

You may invest in Income funds. There are quite a few top performing Income Funds which you... Read More

Is my mutual fund portfolio allocation fine

I am 62, years old. My present portfolio in various mutual fund in equity: 4.25 lakhs and Balanced fund: 2.30 lakhs. Now what to reallocate?

Sep 9, 2016 by Probhat Gogoi, Guwahati | Mutual Fund

On the basis of your one line query it is difficult to tell you exactly where and what to reallocate? It should be based on your risk taking appetite and time horizon of the investment. You may like to check this... Read More

Should I invest in Mutual Funds as the market is at its peak

Market is at its peak, is it advisable to invest in MF?

Sep 9, 2016 by Seetharam Sudhir, | Mutual Fund

Yes, stock market is close to its all time high. Investing in mutual funds totally depend upon your time horizon, risk taking appetite and future goals. You should check the right asset allocation of funds for you... Read More

For corporate does it make sense to opt for growth option in liquid funds

In the case of investments in liquid / liquid plus by corporates for a short period of time, which option makes sense Growth or Dividend Re-investment option. As dividend distribution tax of 34.608% is deducted on a daily basis, as a corporate they lose the compounding impact of cash flows. Hence, do you think, growth option makes sense?

Sep 9, 2016 by Sucharitha H Athreya, Bangalore | Mutual Fund

Yes, growth option makes sense for the sake of simplicity and also if the income of the corporate is less than 10 Crores as the surcharge rate is low. However, the dividend distribution tax and short term capital... Read More