Investment, Financial Planning, Mutual Fund & Income Tax Queries

Can you suggest some good mid and small cap funds

My Query is that I short listed two funds to invest Lumpsum and these are Mirae Asset Emerging Bluechip Fund and DSP Blackrock Micro cap fund. Now as I have came to know that you cannot invest Lumpsum in these funds. So can you suggest how can I invest in these funds as I don't want to do an SIP. Or if not possible then which are the other best funds to invest Lumpsum as compared to these funds which give almost same return. I am looking forward for long-term investment that is more than 5 years?

May 12, 2017 by Milan Bhunatar, Ahmedabad | Mutual Fund

You are right, you cannot invest lump sum amount in these two funds. However, you can invest through SIP or STP in Mirae Asset Emerging Bluechip Fund with a limit of Rs 25,000 per transaction. But as you... Read More

To diversify my portfolio where should I invest further

I want to invest upto Rs. 10000 pm. I have been investing in 3 fund: 1. SBI Blue Chip - Rs. 2000 pm, 2. SBI Magnum Midcap - Rs. 2000, 3. Axis Long Term Equity Plan - Rs. 2000. So, respected sir/madam please guide me, which type of fund I should buy now for better diversification?

May 12, 2017 by Sachin Negi, Pauri | Mutual Fund

Currently you are investing Rs 2,000 each in large cap, midcap and ELSS schemes. You wish to increase this monthly SIP amount to Rs 10,000 from the current Rs 6,000. The 3 funds chosen by you are good... Read More

Should I invest in a co-operative scheme or mutual fund

I have a lump sum of 2 lakhs to invest for 1 year. Should I invest in Cooperative society which is giving 8.5. - 9% interest or a mutual fund?

May 12, 2017 by Anitha, Kerala | Mutual Fund

We will not comment on the Co-operative Society scheme which offers assured 8.50-9.00% and whether it is safe or not as we do not track deposit schemes floated by co-operative societies. However, for... Read More

Can you check if I am investing in right SIPs

I am investing in following monthly SIP - SBI Pharma - 2500, SBI FMCG - 2500, Birla MNC - 2500, Reliance ELSS - 10000. Please review and suggest if changes if any. My age 28, monthly income 60000?

May 12, 2017 by Ankit Mehta, | Mutual Fund

Out of the 4 SIPs that you are investing in, 3 are in thematic funds. Please note that thematic funds are among the most risky category of funds and as such suitable to investors with high risk appetite and very... Read More

Can I invest in direct plan in the regular plan folio

I have invested Rs. 1 lakh in HDFC Prudence Fund Regular Plan Dividend Option through MF Agent. In case I invest further amount under same folio in the same plan and make online payment through net banking and do not select MF Agents name i.e., keep it blank, then whether this will result into some benefit to me. Please advise?

May 12, 2017 by Mohammad Wasim, Burnpur | Mutual Fund

Yes, you can invest in the same folio and in the same scheme in direct plans. In that case, if you keep the agent code blank that will not be considered as direct plan. You will have to select the option... Read More

Is my investments sufficient to meet different goals

I am 35 year old and started SIP since a year, with goal of 35 lac in tenure of 10 years for kids education. Present I am investing in below funds, please let me know is this ok for target? SBI Magnum Midcap Fund-Regular Plan G-2000, DSP BlackRock Micro Cap Fund G-1000, Reliance Equity Opportunity Fund-2000, HDFC Top 200-2000, Reliance Tax Saver (ELSS) Fund-2000, ICICI Prudential Multicap Fund - Growth -2000. Kindly suggest further?

May 11, 2017 by Nagaraj, Hubli | Mutual Fund

We think, you have raised this query through our comment section and got the reply. Can you... Read More

Can you please suggest good performing ELSS Funds

I am new to investment, please advise 5 good performing ELSS Mutual Funds. Also as I am planning to invest in 3 mutual funds with 2000 Rs. each per month via SIP taking moderate risk, please suggest whether it will be a good investment or not. Thanks in advance?

May 11, 2017 by Umesh, Pune | Mutual Fund

Thanks for writing to us. DSP BlackRock Tax Saver Fund, Principal Tax Saving Fund, HDFC Long Term Advantage Fund, Kotak Tax Saver and L&T Tax Advantage are some of the top performing Equity... Read More

Can you suggest 3 ELSS Funds as I need to invest urgently

I need to invest in 3 ELSS Tax Saver Mutual Funds this week. Can someone please suggest me top 3 return giving ELSS where I should invest this week? Also should I do investment via SIP or lump sum? Please answer these 2 questions. Thanks in advance?

May 11, 2017 by Vikas, Delhi | Mutual Fund

How to see my consolidated mutual fund portfolio at one place

I have invested in various scheme of mutual fund serviced by RTA Kary CAMS SBMF & Franklin. I have done same with agent / Directly / Demat All Four RTA have their own mobile based app to view consolidated portfolio. I have to visit all website or app to see valuation. Is there any site or app available to see the valuation of portfolio whether it is through various RTA or Demat in one place. Please guide?

May 11, 2017 by P K Pandit, New Delhi | Mutual Fund

Unfortunately, to the best of our knowledge, there is no app (mobile or desktop) which shows the consolidated mutual fund portfolio across all RTAs. However, if you have a demat account, then it is possible... Read More

What is the difference between direct growth plan and growth plan

Difference between direct growth and growth?

May 11, 2017 by Chaitanya, Hyderabad | Mutual Fund

There are two kinds of mutual fund plans – direct plan and regular plan. If you invest in a mutual fund scheme directly with the fund house, either online or by going to the website of the AMC or... Read More