Investment, Financial Planning, Mutual Fund & Income Tax Queries

Is midcap schemes from HDFC and Mirae Asset Mutual Fund good

My age is 29. I'm investing 6000 per month Mirae Asset Emerging Blue Chip Fund direct and 5000 HDFC Midcap Opportunity Fund direct. is it good for me?

Jul 18, 2017 by Vishal, Chandigarh | Mutual Fund

Yes, both the schemes pertaining to mid and small cap category - Mirae Asset Emerging Blue Chip Fund and HDFC Midcap Opportunities Fund - are among the top performers in the category. If your... Read More

Is my strategy of investing in various mutual fund schemes good

I am planning on investment in mutual funds and need some advice on strategy and fund selection. Planning split ratio of 70/30 for equity mutual fund/debt mutual fund. Further planning to split equity investment into 4 parts - Equity: Large Cap (30%) with single fund like - Kotak Select Focus or BSL Frontline Equity, Equity: Multi Cap (30%) with single fund like - Birla Sun Life Equity Fund or Birla Sun Life Advantage Fund or DSP BlackRock Opportunities Fund, Equity: Mid Cap (20%) with single fund like - Kotak Emerging Equity or HDFC Mid-Cap Opportunities, Equity: Small Cap (20%) with single fund like - DSP BlackRock Micro Cap Fund. Planning to split debt investment into 2 parts - Debt: MIP (50%) with single fund like - ICICI Prudential MIP 25, Debt: Short Term/Ultra Short Term (50%) with single fund like - BSL Short Term or HDFC Short Term Opportunities or L&T Ultra Short Term Fund or Tata Ultra Short Term Fund Need to do this in order to have liquidity and withdraw ASAP without much delay if situation warrants. Plan to invest into debt MFs in lump sum and into equity MFs in staggered manner - probably over a period of 12 months. Should I stagger into equity MFs in longer/shorter duration like 18 months/6 months or over 12 months is ok? Want to invest money for Equity investment in Equity: Arbitrage like Kotak Equity Arbitrage or HDFC Arbitrage Fund before moving investment in staggered way to Equity MFs (large/multi/mid/small). Arbitrage chosen over Liquid fund just due to taxation differences. Please suggest if any changes needed in approach and any better mutual funds in each category?

Jul 18, 2017 by Hari, Pune | Mutual Fund

We think, you have done a very good home work and planned your investments well including selection of funds. We can only add the following - DSP BlackRock Micro Cap Fund is not accepting any fresh... Read More

How to find the dividend history of a mutual fund scheme

For any given Mutual Fund, how to find the Dividend History the fund has paid in the last 10 years on your Website?

Jul 18, 2017 by Reshma Chugani, | Mutual Fund

Thanks for writing to us. You can get the dividend history of any open ended mutual fund scheme... Read More

Can you please suggest schemes for STP

I have to invest myself about 20 lac in best equity mutual funds through STP within a week. Please guide me in selecting Debt & Equity Funds for STP?

Jul 18, 2017 by Anil Jaiswal, | Mutual Fund

Great to hear that you want to invest Rs 20 Lakhs in best equity Mutual Funds through STP. Here... Read More

How to transfer from liquid funds to ELSS

How to transfer funds from liquid funds to ELSS funds as advised by you. How much returns do these liquid funds generate?

Jul 17, 2017 by Parampal Singh Dang, Mohali | Mutual Fund

Transferring from liquid funds to any other fund is very easy. All you have to do is invest the lump sum amount in a liquid fund and submit a switch form along with your investments. In the switch form you have to... Read More

Please guide about mutual funds investments

I am interested in mutual fund. But I have no idea invest in mutual fund, SIP. Please guide me?

Jul 17, 2017 by Ajay Singh, Jaipur | Mutual Fund

Glad to note that you are interested to know about mutual funds and want to invest in it. We request you to contact a mutual fund advisor in your city Jaipur. Help from a mutual fund advisor is must as you are new... Read More

Which mutual funds can I invest in for 5 years

I want to invest Rs. 1 lac in mutual fund with good return for a period of five years. Please advise?

Jul 17, 2017 by Jagrup Singh Jarial, Kalka (panchkula) | Mutual Fund

You can invest in diversified equity mutual funds as your investment horizon is 5 years. You can invest in any one or two schemes from this selection to invest the amount of Rs 100,000 - Birla Sun Life Advantage... Read More

How my father can draw a regular return mutual funds

My Father (71 years) is a retired personnel, and he doesn't have any pension. The post retirement corpus accumulated by him, was mostly invested in FDs and senior citizen schemes, and some minor component in Mutual Funds. Recently he has invested in 5 MFs - Kotak Select Focus, HDFC Prudence Fund, HDFC Balanced Fund (INR 5K) each and HDFC Midcap Opportunities and Birla Sun Life Frontline Equity (INR 3K) each in monthly SIP. He wishes to continue these SIPs for minimum 3 -5 years. A Large chunk of his FDs are maturing in end of this year (about 20-25 lacs), Since his main requirement is receiving a steady monthly income to meet his monthly expenses, and also keep a liquid fund for any medical emergency and also enhance the corpus. Would request the advisorkhoj experts to please suggest best MF invest suggestions, along with the expected monthly returns?

Jul 17, 2017 by Shayak, Mumbai | Mutual Fund

The funds selected by your father for monthly SIPs is good. The investment horizon for these SIPs should ideally be 5 years as the selected funds are from Balanced, Mid Cap and Large Cap categories. For... Read More

Can you suggest few ideal mutual funds for SWP

I'm a retired senior citizen want to make investment in mutual funds. Please suggest me a few ideal MF for SWP. Investment amount is 5 lac's for longer periods with moderate, high risk. Thank you in anticipation?

Jul 17, 2017 by Z Anil, Satara | Mutual Fund

As you are retired senior citizen but have high risk profile, you can invest in balanced funds. You may invest the amount of Rs 500,000 in 2 two balanced funds and start withdrawing a fixed amount on a fixed... Read More

Which scheme is suitable for my father whose risk profile is moderate

My father want to invest in mutual fund. His current age is 73 years and he wish to stay invested for 3 to 4 years. He wishes to take moderate risk. Please suggest the suitable fund for him and also suggest lump sum investment or SIP will be best option for him?

Jul 17, 2017 by Aritra Kumar Nandi, Kolkata | Mutual Fund

Considering your father's risk profile which is moderate and the investment horizon of 3-4 years, we can suggest him to invest in hybrid debt funds also known as MIPs. He can invest in lump sum and/ or through... Read More