Mutual Fund Queries

Wanted to know more about Reliance SIMPLY SAVE Mobile App

Wanting to know about Reliance Money App?

Sep 6, 2016 by N.L.Narasimha Rao, | Mutual Fund

This is called SIMPLY SAVE Mobile App. Launched by Reliance Mutual Fund, SIMPLY SAVE App helps you to invest in Reliance Money Manager Fund instantly. Investment in Reliance Money Manager fund is... Read More

Kindly let me know the status of my investment in UTI ETSP Fund

My following investment is completely lost. So far I haven't received any return from this investment. Kindly let me know the status of this investment. Scheme: UTI - ETSP, Invest to ID/ Folio No: 244450911, Name-Suresh Chandra Jha?

Sep 6, 2016 by Suresh Chandra Jha, Raigarh | Mutual Fund

We cannot provide you the details of your investments in UTI – ETSP Fund (UTI Equity Tax Savings Plan) as these informations are available with the AMC or their registrars only. You should contact the local... Read More

Can you please explain the difference in STP Flex STP and Value STP

Can you clarify the difference between STP, flex STP and value STP. Which one is better? Is Value Cost Averaging is better option to Rupee Cost Averaging for a long term horizon?

Sep 6, 2016 by SS Nath, Ahmedabad | Mutual Fund

STP is a mode of systematic investing wherein you transfer a fixed amount at a fixed interval (weekly, fortnightly, monthly or quarterly) from one fund to the another. For example - you have invested, say a lump... Read More

Which scheme my wife should invest her Rs. 5000 SIP

My wife is willing to invest a sum of Rs. 5000 per month through SIP in mutual fund in the name of my minor son who is 8 year old for a tenure of 22 year. In this regard please suggest me how I have to allocate a ideal portfolio to receive a good return after completion of 22 year?

Sep 6, 2016 by Chandrashekhar Rathod, Hyderabad | Mutual Fund

It is heartening to note that your wife wants to invest for 22 years through SIP. She should invest in 1 or 2 good diversified equity mutual funds. Please select a good diversified fund from here... Read More

Can you review my MF portfolio and also let me know how to transact in direct plans

I have recently started investing in MF through an agent, I am currently investing Rs. 10000 every month through SIP. I chose few aggressive funds. My portfolio includes - 1. Axis Long Term Equity Fund - Regular Plan(G) - (4000), 2. DSP BlackRock Micro Cap Fund - Regular Plan(G) - (2000), 3. SBI Magnum Midcap Fund(G) - (4000), Kindly Review my portfolio. Also, I want to invest 5000 more, preferably in direct plans, Can you please suggest some good funds. Also can you provide me with some links which will enlighten me about below topics - 1. Taxation on Mutual Fund and its returns? 2. How can I buy Direct Plans(prerequisites)?

Sep 6, 2016 by Abhishek, Kolkata | Mutual Fund

The funds selected by you for your SIP investments is fine. You have chosen good funds but the overall portfolio is aggressive, therefore your investment horizon should be more than 5 years. For additional... Read More

Is my mutual fund portfolio correct or should I add more mid cap funds

I am 30 years old IT professional. Can you please advise me on my Mutual Fund Portfolio which I am seeing to invest in for 5-7 Years of Horizon: 1) Birla Sun Life Frontline Equity Fund - 1000, 2) SBI Blue Chip - 2500, 3) Kotak Select Focus - 1500, 4) DSP Micro Cap - 2000, 5) Reliance Small Cap - 1000, 6) Frnaklin Small Companies - 1500, 7) Birla Sun Life Advatnge Fund - 2000. So, Portfolio is like: Large Cap: 5000, Mid and Small Cap: 4500, Diversified: 2000. Kotak Select Focus, I am considering as Large Cap as on MonyeCOntrol it is listed as Large Cap but, on your website annd ValueResearch it comes under Diversified scheme. My question is is the Portfolio good enough to continue with, I want some good returns so for time horizon of say 7 years shall I increase Mid Cap Proportion in the portfolio? Any advise will be helpful?

Sep 6, 2016 by Mohit, Mathura | Mutual Fund

Your fund selection for SIPs is absolutely fine and you may go ahead and start investing. Your time horizon of 7 years is also fine as far as investing in these funds through SIP is concerned. Yes, you are right... Read More

Should I redeem my investment in HDFC Top 200 Fund

I have invested Rs. 41000 in HDFC Top 200(G) fund in year 2010. As now days sensex is at top, should I exit or sensex will make more high in future. As on today I'm getting my money doubled?

Sep 6, 2016 by Varad Raj, Rishikesh | Mutual Fund

It is very difficult to predict the markets and thus advise if you should redeem your investments in HDFC Top 200 Fund or not? Having said that, our suggestion would be to hold on to the investment simply... Read More

Should I invest in ELSS Scheme from the sale proceed of selling a house

Should a investment in ELSS Scheme from the sale proceed amount of selling a house for Rs. 38 lakhs is a wise decision. If not then what are ways in which tax can be saved and the sale amount also gets appreciated over a period of time?

Sep 6, 2016 by Deep, Patna | Mutual Fund

Investing in ELSS the proceeds received from sale of a house is not a wise decision. Please note that by investing in ELSS funds you can only save Rs. 150,000 per annum under Section 80C of the Income Tax... Read More

How my parents should invest the proceeds received from sale of a house

My retired parents wants to sell off one of our house in Patna and expect a sale proceed value of Rs. 38 lakhs. Now they are not sure as where and how to invest and utilize this amount. They don't enjoy any pension. How can we plan to appreciate this amount over span of next 5-7 years. Please guide?

Sep 6, 2016 by Deep, Patna | Mutual Fund

First, your parents should consult a tax advisor and figure out if any capital gains tax needed to be paid on the sale proceeds received. If yes, then there are schemes where your parents can invest the desired... Read More