Investment, Financial Planning, Mutual Fund & Income Tax Queries

Can you suggest mutual funds for someone who does not have any idea

I would like to invest a lumpsum of Rs. 100000 in mutual fund for 5 years. I do not have any idea about MF. Please advise whether I should invest in FD or MF. Also advise me how to proceed and all other details. Thamking you. I am 60 years old?

Jun 10, 2017 by Pratibha Bhattacharyya, New Delhi | Mutual Fund

As you have never invested in mutual funds you must know that they carry certain amount of risk depending upon the category of funds that you invest in. Since you have no idea about mutual funds and also that... Read More

Can you suggest mutual funds for aggressive investors

Please let me know a list of recommended Equity Mutual Funds for lumpsum investment currently. I can be classified as an aggressive investor with a high risk profile. My Time horizon is 3-5 years or much beyond, if necessary, for maximum returns. I do not want to opt for SIPs because I do not have regular income, but presently I am having some investible funds. Thank you in anticipation?

Jun 10, 2017 by D Kamat, Mumbai | Mutual Fund

As your risk profile is aggressive, you can invest in diversified equity funds and/or mid and small cap funds. However, the investment horizon should be of minimum 5 years. Some of the top performing... Read More

Can you review my mutual funds and suggest changes

I am 34 year old & investing for my child's education who is five year old & my retirement. Since January-2017 I have started SIP of INR 30000 in following funds. SBI Bluechip 9000, Franklin India Prima Fund 6000, Mirae Asset Emerging Bluechip 6000, DSP Blackrock Taxsaver 9000. Additionally I have invested approx 2.5 Lac in PPF from 2012. Should I cut down SIP in DSPBR Taxsaver to 5000 & invest the balance 4000 in PPF? Please review my portfolio & advise changes, if any?

Jun 10, 2017 by Parag, New Delhi | Mutual Fund

You have invested in good funds for your SIPs and it is suitable for achieving your long term goals, like your retirement and child’s education. While investing in PPF is a good idea for diversifying some part... Read More

Can you suggest changes for my mutual fund selection

My present portfolio has HDFC Midcap - Rs. 2000, ICICI Pru Dynamic Direct - 1000, ICICI Pru Value Discovery - Rs. 1000, Mirae Emerging Bluechip - Rs. 1000. The investment horizon is 20+ years and I want to have around Rs. 2.5 crores as the corpus at the end. Right now I am 30 years of age. Kindly suggest what should I add/remove/modify to my portfolio. How much more and in what ratio should I invest in all the funds? I may increase total amount to Rs. 15000?

Jun 10, 2017 by Himanshu, Mumbai | Mutual Fund

You fund selection is good and currently you are investing only Rs 5,000 through monthly SIPs to achieve a goal of Rs 2.50 Crores after 20 years. Please note that with monthly SIP of Rs 5,000, you can... Read More

Is investing in ICICI Prudential Value Discovery fund right at this point of the market

Starting May 2017, I invested in ICICI Prudential Value Discovery Fund - Growth under SIP program with a monthly investment of Rs. 10000 for 5 years. I seek expert advice on how well an investment was this at this juncture?

Jun 8, 2017 by A Chattopadhyay, Kolkata | Mutual Fund

ICICI Prudential Value Discovery Fund is diversified (multi-cap) equity fund. The fund has been one of the best performing equity funds in India for a long period of time. Previously this fund was a midcap... Read More

Can you tell me top 2 to 3 ELSS Funds to invest currently

I need to invest in few ELSS this month. Please suggest few best returned ELSS to invest in. Also please suggest should I go SIP or lump sum?

Jun 8, 2017 by Vikas Bhat, | Mutual Fund

For investing in ELSS funds for saving taxes under Section 80C of the Income Tax Act 1961, you... Read More

Which fund should I invest in lump sum

I want to invest 10 Lakh in Mutual Fund. My age is 29yrs. I am married with no children yet So I have 2 dependent i.e. Mother and Wife. My Risk taking ability is Medium to High and My horizon is 3-5 years with minimum return of 18-20% annually. Few years back I invested in Axis Focused 25 Fund and get return of 20% approx and I withdraw money as I was in need of it. Please help me in investing with best available funds and Diversify my investment in Equity or Hybrid or any other options if available. Also guide me with How much I invest in Large cap, Small & Mid cap, Diversified Equity, ELSS for tax saving? How much percent of my investment should be in Balanced Fund? Is this right time to invest Lump sum or I should wait for correction or start with STP? Please guide me with fund name also. Kindly reply me as soon as possible?

Jun 8, 2017 by Anand A, | Mutual Fund

Considering your risk profile you should invest in balanced funds and large cap funds. For investing in large cap funds you can select from SBI Bluechip Fund, Birla Sun Life Frontline Equity Fund or DSP... Read More

How much I need to invest to draw Rs 20000 a month through SWP

I want to invest in mutual fund for SWP and I want to earn Rs. 20,000.00 per month. Please advise how much I will invest for that amount, I can invest for more than five years and I can take moderate risk. Please guide me and note that I am a retired person. Please suggest the suitable Mutual Funds name?

Jun 8, 2017 by Somnath Ghosh, | Mutual Fund

Being a moderate risk taker and also because your investment horizon is minimum 5 years, you can invest in balanced funds. Ideally, you should invest Rs 30 Lakhs in lump sum and draw 8% annually... Read More

How to divide my mutual fund investments in the portfolio

Thank you Pradip for your valuable information. Regarding strategic division of monthly SIP funds I always had this doubt in my mind that "How to divide my funds in my portfolio?" For example - If I were to start a new monthly SIP for - Rs. 20000, this is for long term corpus building and keeping the time horizon for 15-20 years, there can be multiple combinations on how that money can be invested into MFs, I am taking 3 scenarios - Option 1) Divide the amount equally into two good Large Cap funds, Or Option 2) Choose 2 best performing funds from each category - Large Cap and Diversified (that will be 4 funds in total) and set SIP for Rs. 5000 monthly into each funds, Or Option 3) Divide the money equally into Large Cap/Diversified and Mid-Small Cap funds. According to you, which option should be better and why? How frequently should we review our portfolios and based on what criteria should we increase or decrease the SIP amount? Sorry for being so inquisitive but I just wanted to know that when it comes to start a new SIP or change the monthly contribution in an existing portfolio is there a defined strategy like thumb rule in the world of MF investment? Please guide what should be the right approach?

Jun 8, 2017 by Mrinmoy Bhattacharya, Bangalore | Mutual Fund

There are no thumb rules as to how you should allocate your investments into various category of funds. The selection of funds or allocation should be based on two things – risk profile and investment... Read More

Can you let me have your suggestions on my fund selection

Looking forward for your expert advice on the following investments I have made Lump sums investments 1) ICICI Prudential Top 100 Fund Rs 1 lakh, 2) ICICI Prudential Balanced Fund Rs 75 thousand, 3) HDFC Prudence Fund Rs 1 lakh, 4) DSP BlackRock Natural Resources and New Energy Fund Rs 25 thousand, 5) Reliance Growth Fund Rs 80 thousand. SIPs - 1) DSP BlackRock Top 100 Equity Fund Rs 2500 per month, 2) HDFC Balanced Fund Rs 5000 per month, 3) SBI Magnum Mid Cap Fund Rs 5000 per month, 4) Reliance Growth Fund RS 1500 per month, 5) DSP BlackRock Opportunities Fund Rs 1500 per month, 6) ICICI Prudential Focused Bluechip Equity Rs 1500 per month, 7) HDFC Equity Fund (G) Rs 1500, 8) Reliance Small Cap Fund Rs 1500. I want to hold this portfolio for 10 years?

Jun 8, 2017 by Rekha Kanwal, | Mutual Fund

All the funds selected by you are not good but they may be popular or selected based on recent spurt in their respective performances. First, let us see which fund you should review in your lump sum... Read More