Mutual Fund Queries

My parents want to withdraw 30 lakhs from bank FD and invest in Mutual Funds to receive monthly returns

Thanks to your SIP, SWP & STP tools in MFs. My father was retired employee and just completed 70 years & mother is house wife 65 years. So far he invested his retirement benefits in Bank FDs only. With advise now he is investing through SIP 13,000 per month in ICICI Prudential Long Term Equity Fund (Tax saving) Dividend to get 80C tax benefit & also invested 200,000 in ICICI Prudential Balanced Advantage Fund Growth in Aug 2016 and planned SWP 9% return after one year. After shown your website & tools he wants to invest around 30 Lakhs duly withdrawing from FDs further. Please suggest any MIP, SWP, Dividend funds like (L&T prudence fund) or STP etc. to suit his needs i.e., monthly or quarterly tax free returns?

Sep 8, 2016 by G V Ramaprasad, | Mutual Fund

Your father’s investment in ICICI Prudential Long Term Equity fund for savings tax is perfectly fine. He has chosen dividend option which is good for him as he can enjoy the tax free dividends while holding this... Read More

Can your show a research if there is any difference between Growth and Dividend reinvestment options

Have been using your Research tool for sometime and been amazed with great details you have designed them, Congrats. I need to know whether somebody investing same amount for same tenure eg. Rs. 100000 for 10 years in Equity fund Growth scheme ad well as Dividend reinvestment of same scheme, what would be difference in return. Please see if you can provide me with such details at your earliest?

Sep 8, 2016 by Debraj Sengupta, | Mutual Fund

Thanks for the feedback. Glad that you liked our research tools and found it useful. We have been planning to create this tool for some time now. We will definitely build it and let you know... Read More

Can you suggest MFs from where I can earn regular dividends

Can you suggest a MF so that on investing RS 10 Lakhs at present NAV I can earn min. Rs. 8500 to 9000 per month in the form of dividend/interest?

Sep 8, 2016 by Biman Kumar Chatterjee, | Mutual Fund

Considering your occupation and age, we had earlier suggested you to invest in balanced funds. Balanced funds are ideal to withdraw a regular return from your investments in form of SWP. By investing... Read More

How should I invest my savings left after regular monthly SIP

How should I invest my savings left after regular SIP every second month?

Sep 7, 2016 by Sundeep Nigam, Haridwar | Mutual Fund

If we have understood your query well, you are left with some surplus to invest after monthly SIPs. You can invest this surplus in liquid funds. This is really useful only when you are not sure about what to do... Read More

Is my SIP investment in HDFC Top 200 and HDFC Equity fund right

I have Rs. 1000 per month SIP in HDFC Top 200, HDFC Equity Fund, DSP BlackRock Top 100 Equity since 2011 to till date, its right or wrong?

Sep 7, 2016 by Sanjeev Singh, | Mutual Fund

HDFC Equity Fund and HDFC Top 200 Fund have delivered very good long term returns but their performance in the recent past has not been that great! Due to this ratings agencies have also downgraded them... Read More

Can you please advise as I want to invest around 20000 in monthly SIPs

I am already invested in 3 MF's (HDFC Top 200, Axis Triple Advantage and Franklin BlueChip Fund) and one ULIP (ICICI Pru Smart Kid Premier) since Oct 2011 for 8500 monthly. I am planning to quit all these funds and want to invest in new funds which can be fruitful in coming times. Can you please advice what should be my approach? I have around 6 lakhs accumulated from these Funds, apart from that I want to increase my total investment to around 20K per month (from 8.5k now)?

Sep 7, 2016 by SSD, Pune | Mutual Fund

We do not know why you want to stop SIPs in AXIS Triple Advantage Fund, HDFC Top 200 Fund and Franklin India Bluechip Fund? If you want to start SIPs all over again, then selecting funds from diversified equity... Read More

Please let me know more about ICICI Prudential Advisor Series Dynamic Accrual Plan

I have invested about INR 5 lacs in ICICI DYNAMIC ACCRUAL FUND-GROWTH. Kindly please let me know the composition distribution of this fund. i.e, in what all categories of companies/bonds this fund has invested and about what percentage? Also if I start to use SWP after one year of my investment, to avoid EXIT LOADS and CGs, then upto what amount should it be feasible to withdraw p.m., so that the the growth of the corpus is not affected during the time of maturity of the fund. Also please let me know upto how much time period should I need to hold the investment in the fund to avoid tax?

Sep 6, 2016 by Jita, Kolkata | Mutual Fund

ICICI Prudential Advisor Series - Dynamic Accrual Plan is a fund of fund which seeks to provide reasonable returns, by making active allocation to the various debt & money market schemes of domestic or... Read More

I am a retired person and want to earn more than the bank fixed deposits

I am a retired person & do not get any pension. So far I use to meet my expenses from the QRTLY interest earned from FIXED DEPOSITS of banks. Now that interest rates offered by different banks have drastically reduced, where shall I invest so that I earn around 10 to 10.5% annually & get proportionate amount of QRTLY interest to meet my monthly expenses?

Sep 6, 2016 by Biman Kumar Chatterjee, | Mutual Fund

To earn more than your bank fixed deposits, you may consider investing in debt funds or MIPs of Mutual Funds. Please have a look at the performance of these funds to understand what could be the difference... Read More

Can you please help me knowing more about SWP STP ELSS to complete my research

Can you tell me that what are the fundamentals, formula, tools used to compare the SIP,SWP,Balanced Fund, ELSS etc. I need these type knowledge to complete my research report?

Sep 6, 2016 by Shailendra Srivastava, Lucknow | Mutual Fund

To know the fundamentals of SWP, STP, Balanced Funds and ELSS etc. you will have to look at... Read More

Do I get the same compounding returns as that of mutual funds from direct equity

If I invested 10000 pm in MF & assuming 20% CAGR. Suppose I invest this same amount in direct equity with a same 20% assuming returns then what is the difference between them I mean can I get compounding returns in direct equity, like a MF?

Sep 6, 2016 by S R Jain, | Mutual Fund

If you remain invested over long period of time in both – mutual funds and direct equities - you benefit by the time period of your holding. As there is no fixed interest pay out, we cannot say that it will compound... Read More