Investment, Financial Planning, Mutual Fund & Income Tax Queries

Can you advise me on switching from FD to mutual funds

I am 53 and out of a regular job, have investments in FD for 10 Lakhs. MF all in growth options market value about 15 Lakhs. I am now in need of money to run my house, and second child’s education. Please advice if I should switch from FD to MF, and which are the best divdend plans that will help me?

Apr 27, 2017 by HarI M Varrier, | Mutual Fund

Since you do not have regular income and need to support your family (including your child's education), you should not switch from your existing FDs to mutual funds. Though mutual funds can give higher... Read More

Which AMCs are accepting NRI ELSS investments

Please advise me which MFs are accepting online NRI ELSS SIP in growth option. Also please add my email in your list?

Apr 27, 2017 by Naran Patel, | Mutual Fund

Following AMCs are accepting NRI investments (online and offline, both) in ELSS as well as other schemes – ICICI Prudential Mutual Fund, SBI Mutual Fund, Birla Sun Life Mutual Fund, UTI Mutual fund... Read More

Should I switch from HDFC Long Term Advantage Fund

I have a HDFC Long Term Advantage Fund of Rs 25,000. Do I switch the amount. Please advise?

Apr 27, 2017 by Suvra Mallik, | Mutual Fund

Please note that HDFC Long Term Advantage Fund is an ELSS Fund and cannot be switch or redeemed within 3 years from the date of investment. As ELSS Fund provides tax benefit under Section 80C of the... Read More

In which fund can I do a SIP for one year

I want to start a new sip for short time (1 year), please suggest me?

Apr 27, 2017 by Shishram Chahar, | Mutual Fund

For SIP investment of short term of 12 months, you can opt for Short term debt funds. You can check the top performing funds of this category here... Read More

What to do with Birla Sun Life Dynamic Bond Fund

One of my clients had invested Rs. 5 Lakhs in Birla Sun Life Dynamic Bond Fund in December 2016 when this fund was at it's all time high. However, now his portfolio has eroded significantly by 4.25%. For how long should this investment be held to recoup the losses? Also, why is the fund not dynamic enough to change it's debt portfolio now when the interest rate Outlook in the economy has changed?

Apr 27, 2017 by Nandita, Mumbai | Mutual Fund

Birla Sun Life Dynamic Bond Fund is a good medium term debt fund, but it is highly sensitive to interest rates. Hopefully, you would have advised a sufficiently long investment horizon (2 – 3 years) for this fund... Read More

What is the advise on SIPs for the long term

I am 23 year old and want to invest in mutual fund for long term. I can take high risk and can invest Rs. 10,000 per month for now and will increase the amount in 3-4 years? Can you please suggest me a portfolio of funds in which I should invest?

Apr 27, 2017 by Navdeep Singh, | Mutual Fund

As you are young and can take high risk, investing in diversified equity funds SIP is the best option for you. You can invest in any of the following two funds @ Rs 5,000 each... Read More

Which fund to invest in as I am new to Mutual Funds

I want to invesment mutchul fund but I have no idea kha se start karu mai 2000 ka invest karna chahta hu monthly 3 years ke like please tell me which mutual fund investment better for me jise jyda profit ho sake?

Apr 27, 2017 by Nikhil, | Mutual Fund

As you are a beginner and about to start investing in mutual funds, we suggest that you start with low risk funds. As your investment horizon is 3 years only, you can invest Rs 2,000 through SIPs in hybrid debt... Read More

I need to know about mutual funds

I need to know about mutual fund?

Apr 27, 2017 by Rahul, | Mutual Fund

Great to hear that you want to know about mutual funds. Please do visit this section which can help you understand mutual funds better... Read More

How to invest directly in ICICI Prudential AMC and Birla Sun Life AMC schemes

I am based in Mumbai - Dadar west. Just for information, I would like to do the investment directly with the AMC and not through any broker. Also I want your advice. I would like some income from the investments I would do. As for now, whatever information I could gather from the net was that balanced funds seem to be safer and with better returns?

Apr 27, 2017 by Abha Pandit, | Mutual Fund

You can contact ICICI Prudential Mutual Fund by calling their Customer Service numbers 1800 222 999 or 1800 200 6666 or you may write to them at... Read More

Can you let me know best hybrid funds to invest

I want to invest in mutual funds, so I want your help. Which is the best hydrid risk mutual funds in India. Please help me out?

Apr 27, 2017 by Mydur Shashi Kiran, | Mutual Fund

Glad to note that you want to invest in mutual funds. There are two kind of hybrid funds - 1) Hybrid debt oriented funds, which are popularly known as MIPs as well. These funds invest 5-35% in equities and rest... Read More