Investment, Financial Planning, Mutual Fund & Income Tax Queries

Should I invest in FMCG fund

Please suggest me, is it advisable to investment in "SBI FMCG Fund - Direct Plan" plan in the current situation with GST Bill. And what's the possibility of good return from this fund in future? Please suggest?

Jun 30, 2017 by Nirav, Ahmedabad | Mutual Fund

A very important lesson we have learned over many years is that one should not try timing the market or market events while investing in mutual funds. One should keep things simple and invest based on one’s... Read More

Should I prune mu existing portfolio

I have SIPs in SBI Blue Chip, Mirae Asset Emerging Bluechip, HDFC Mid-Cap Opportunities, ICICI Prudential Value Discovery, Birla Sun Life Equity @3000 each and in Axis Long Term Equity Fund, HDFC Equity @ 2000 each and in Mirae Asset India Opportunities Fund, Quantum Long Term Equity @1000 each. Is my portfolio correct? If not, how can I prune it? Please suggest?

Jun 30, 2017 by Kalyan, Malda | Mutual Fund

Even though you have selected good funds, the total number of funds are quite high. You should consider reducing the total number of funds in your portfolio based on your risk profile and investment horizon... Read More

Which mutual fund schemes to invest in large and diversified fund category

I want to start a SIP of 1000 in large cap fund and one in diversified equity fund. I want to investment for nearly 20 years or more. Can you suggest me some good fund names in this category?

Jun 30, 2017 by Susnata Das, Midnapur | Mutual Fund

Glad to hear that you want to invest Rs 10,000 per month through SIPs for next 20 years! You can assume a return of 12% from equity mutual funds and thus your final corpus could be around Rs 1 Crore... Read More

Where can I find the performance of SBI IT Fund

Was going through SIP returns SBI it fund is missing in it fund index fund are put in large cap fund FMCG is showing only one fund many funds are missing in category category need to revisit?

Jun 30, 2017 by Rajesh, Mumbai | Mutual Fund

Thanks for your suggestion to revisit our categorization of funds. We will definitely look into it and correct if any anomaly is found. With regards to your query, please note that SBI IT Fund is a Technology sector... Read More

Can I generate corpus for retirement from my mutual fund SIPs

This is second time I an writing to you for suggestions. I has been following this site and App. Thank you very much for educating for people like me on financial aspects. I have started SIP 9 months back with 60000. My aim is to generate some corpus for my retirement. I am 42 years old and continue my SIP 8 more years. My risk profile is modarate to aggressive. Please review my portfolio and share your comments. Here is the my portfolio, all are growth and direct funds - 1. SBI Bluechip - 7500, 2. Mirae Asset Opportunities - 7500, 3. ICICI Pru Value Discovery - 7500, 4. BSL Equity Fund - 7500, 5. DSP BlackRock Micro Cap - 5000, 6. Mirae Asset Emerging Bluechip - 5000, 7. HDFC Balanced Fund - 10000, 8. L&T Prudence Value Fund - 10000?

Jun 30, 2017 by Venkat, Bangalore | Financial Planning

Thanks for appreciating our work. Your portfolio mix indicates 90% equity and 10% debt asset allocation. This is a fairly aggressive asset allocation but it should work for you because you mentioned that you have... Read More

Where to invest as I need the amount after 2 years

I am regular reader of Advisorkhoj.com and I want to thanks you for your very useful advice regarding on investment. I am 43 Years old and working with company, I have done very heavy investment in MF but at the time I have 150000 Rs surplus in hand. Please suggest me where should I invest this amount as I required this amount after 2 Years?

Jun 30, 2017 by Rohit Joglekar, | Mutual Fund

Thanks for the kind words about Advisorkhoj which we truly appreciate. As your investment horizon is only 2 years, you can invest the surplus amount of Rs 150,000 in a short term debt fund. Please select a... Read More

Is my fund selection good for long term investing

I have started my SIP from March 2015 in the following funds for 10 year period. HDFC Top 200 Fund, Birla Sun Life Fund, DSP Micro Cap Fund, Mirae Emerging Blue Chip Fund, Canara Rebaco Emerging Equity, ICICI Pru Value Discount Fund, UTI Mid Cap Fund, SBI Magnum Multi Cap Fund. All are regular growth plan. Please suggest is this are good funds or need to change any funds?

Jun 30, 2017 by Ravishekar, | Mutual Fund

It is great to note that you are investing for long term through mutual funds SIPs. We have following suggestions to make with regards to your fund selection - HDFC Top 200 Fund - Once a marquee fund, the fund... Read More

How much should I invest to withdraw Rs 10000 per month by SWP

How much should I have a lump sum funds for investing to have a monthly withdrawal of Rs. 10000 per month. I am a senior citizen of 85 years and would like to make this arrangement for some one and strongly feel that I should not lose any from invested amount. Could suggest and help us? Is this a good idea to buy Govt. Tax Free Bonds Hudco, Indian railways, NHAI and Nabard March 29 and or March 31?

Jun 30, 2017 by Jayantilal Patel, | Mutual Fund

It seems you are talking about investing in a balanced fund and withdraw a fixed amount through SWP, right? If it is so, then to withdraw Rs 10,000 you should invest at least Rs 13.50 Lakhs (assuming withdrawal... Read More

Have I selected the right funds for achieving my goal after 10 years

I recently came to know about this site through one of my friends (who told me that one can have excellent guidances in terms of mutual fund investments). Six months back I have started SIPs in the funds mentioned below. These funds have been picked by me. Now I have got some apprehensions about my portfolio. Hence I need your kind advise. Requesting your kind help to review my mutual fund portfolio and advise whether any changes are required to my portfolio (in terms of combination of large, mid and small cap funds. And also on the selection of funds). My intention is to create a corpus of 1 crore over period of 10 years. I have SIPs in the following funds: 1. Canara Robeco Emerging Equities Growth - Rs 3000, 2. Kotak Select Focus - Rs 5000, 3. DSP BlackRock Micro Cap Fund - Rs 3000, 4. Tata Equity P/E Fund - Rs 3000, 5. HDFC Balanced Fund - Rs 3000, 6. ICICI Pru Focussed Blue Chip Equity - Rs 3000, 7. Franklin India Smaller Cos Fund - Rs 3000, 8. HDFC Midcap Opportunities Fund - Rs 1500, 9. ICICI Pru Banking and Financial Fund - Rs 1000, 10. Mirae Assets Emerging Blue Chip Fund - Rs 1500, 11. DSP BlackRock Natural resources & new energy - Rs 2000, 12. DSP BlackRock Opportunities Fund - Rs 1000. Kindly advise whether any changes are required in my portfolio?

Jun 30, 2017 by Ramamoorthy N, Riyadh | Mutual Fund

Thanks to your friend who referred our website to you and thanks to you too for writing to us. With regards to your query, kindly note that in order to create a corpus of Rs 1 Crore in 10 years, you need to invest... Read More

Will you help me know how much return can I get from my investment

I am investing Rs. 4000 per month on LIC Jeevan Saral Plan from past 8 years, Rs. 2000 per month on Kotak Select Focus Fund Direct Growth, from past 2.5 years, I would like to know, approximately how much return can I get after looking in to present market scenario, inflation, etc, please try to explain me in details returns from both these plans viz, Jeevan Saral of LIC as I heard somewhat of it is invested in market, by them, and also about, Kotak Select Focus Direct Growth, I am planning to hold and invest these for more 20 years, also planning to increase 1000 every year in Kotak Select Focus Fund Direct Growth, Also would like to know some other good performing funds, in which I can accumulate good units, according to you, for Growth in future, I can invest more 2000 per month, my age is 36 years?

Jun 30, 2017 by Sanjeev Shukla, Mumbai | Mutual Fund

We will not be able to comment much on LIC Jeevan Saral Plan excepting that insurance and investments are two very different things. Insurance is for securing your life so that your family is financially protected... Read More