Investment, Financial Planning, Mutual Fund & Income Tax Queries

How to invest in a mutual fund

How invest in mutual fund?

Apr 17, 2017 by Uday Singh, | Mutual Fund

These are following ways to invest in mutual funds. You can contact to a mutual fund advisor in your city who not only will advise you on fund selection but also help in transaction and post investment services... Read More

Can I get advisors contact details in Balasore

Required Financial advisers contact no at Balasore, Odisha?

Apr 17, 2017 by Jayanta Kumar Mishra, | Mutual Fund

You can contact the following mutual fund advisors in Balasore city, Odisha... Read More

Can I reach my financial goals with current investments

Please find the details pertaining to my portfolio and advise me to build my corpus. My objective is to build a corpus of Rs. 1 Crore after 5 years. Kindly evaluate the choice of my funds and let me know how much amount I will be getting after 5 years with the help of these investments. If this much is not sufficient then how much do I need to invest. The details of my present portfolio follow as :- BSL Frontline Equity Fund (Large Cap) - 4000, ICICI Pru Focused Blue Chip Equity (Large Cap) - 4000, SBI Blue Chip Fund (Large Cap) - 4000, HDFC Midcap Opportunities Fund (Mid Cap) - 5000, DSPBR Micro Cap Fund Regular (Mid Cap) - 5000, Sundaram Select Midcap Fund (Mid Cap) - 2000, Franklin India Smaller Cos. Fund (Mid Cap) - 6000, BSL Banking & financial services (Sectoral) - 5000, Reliance Equity Opportunities Fund (Flexi Cap) - 4000, Reliance Small Cap Fund (Flexi Cap) - 2000, SBI Magnum Multicap Fund (Flexi Cap) - 5000, HDFC Growth Fund (Flexi Cap) - 5000, ICICI Prudential Value Discovery Fund (Value Style) - 8000, BSL Pure Value Fund (Value Style) - 4000. Lump Sum - Public Provident fund (Debt) - 500000, ELSS Mutual Fund (Equity) - 950000. Should I continue with these funds or do I need any changes please suggest. Also suggest some funds for lump sum investment? Planning As on Year 2014 - For Study of My Son - 5000000 SIP 8000, For Marriage of My Son - 5500000 SIP 5000, Amount Required After Retirement - 30000000 SIP 15500?

Apr 17, 2017 by Bishwanath Singh, | Financial Planning

Currently you are investing Rs 63,000 per month through SIPs and your investment horizon is 5 years. You have selected funds from large cap, mid & small cap, diversified and sectoral funds and your portfolio... Read More

Want to invest in top ranking funds through SIP

Want to invest about 10000 pm in SIP in top ranking MF?

Apr 17, 2017 by Rabindra Nath Sahoo, | Mutual Fund

You should invest in mutual funds based on your risk profile and the investment horizon. There are various categories of mutual funds but which one will suit you cannot be told as we do not know your risk... Read More

Can you suggest top mutual funds for future investment

Suggest me top mutual funds for future or further investment, please?

Apr 17, 2017 by Mohan Dhas, | Mutual Fund

You should invest in mutual funds based on your risk profile and the investment horizon. There are top performing mutual funds in each category but which one will suit you cannot be told as we do not know your... Read More

How to compare liquid fund return with savings account post taxes

If I am paying 30% tax, invested 800,000 on 18th Dec 2016 in HDFC Liquid Fund - Growth and today 11th April 2017 I exit from this fund with value of 816,000 then what is the positive comparison of this return with bank saving account on tax basis and return also?

Apr 17, 2017 by Sweta Janak Mehta, Malad West | Mutual Fund

You invested Rs. 800,000 in HDFC liquid fund on 18/12/16 @ NAV Rs 3141.5415 and got 254.6520 units and sold on 11/4/16 when NAV was Rs 3205.937. You got a redemption amount of Rs. 816,398.44 and thus... Read More

How much SWP to withdraw from 10 lakhs

Can you suggest Mutual Funds to invest lumpsum of 10 Lakhs so that a SWP of 15,000 can be opted after 1 year and how much would be the actual amount paid in tax for every SWP. I can take high risk and also have option of delaying SWP to 3 years as well. Thank you for such simple and informative article's look forward to more readings and posting queries?

Apr 17, 2017 by Dhiraj, Pune | Mutual Fund

At the outset, we thank you for the kind words. We are glad that you like our content and found it informative yet simple! This encourages us to continue our good work. If you want to withdraw Rs 15,000 monthly... Read More

Suggest category of funds for moderate risk

I am 50 years old, my risk profile is moderate and want to invest around 25 Lakh in MF for 10 years for wealth creation. Please advise in what types of MF should I invest and also suggest some MF name from that categories?

Apr 17, 2017 by Subra, New Delhi | Mutual Fund

As your risk profile is moderate and the investment horizon is 10 years, balanced fund could be the ideal fit for you for long term wealth creation. Balanced funds invest upto 65% of the assets in equities and... Read More

How is DSP BlackRock Micro Cap Fund for mid term

What about DSP BlackRock Micro Cap Fund for mid term?

Apr 17, 2017 by Lucky Agarwal, Jaipur | Mutual Fund

DSP BlackRock is a small cap fund and suitable for investors with high risk appetite having investment horizon of at least 5 years. Therefore, this may not be suitable for the mid term (if you consider mid term... Read More

Can you give suggestion on my existing investments

Can you give I am 47 years of age. I am the sole bread earner of my family of 4 i.e, me, my wife, and my 2 daughters (19 and 12 years old). my monthly income from the salary is @1.30 lacs. my current liabilities are 4.25 Lakhs of balance home loan and 50,000 of balance car loan. my assets 2 flats (present worth of @ 1.10 Crore) and my investments are 8.5 lacs in EPF, 4.0 lacs in PPF, 3 lacs bank FD 5.5 lacs in mutual funds, 2 HDFC ULIP of 50000 each (7.2 lacs current values total - 3 years premium paying balance), 2 Kotak ULIP of 75000 each (current value 8.5 lacs total - premium paying term balance 11 years), 3 ICICI Pru Life ULIP of 50000 each (current value 5.4lacs - no further premium paying for 2 ULIP and 3 years balance premium paying for 3rd ULIP). I have invested in HDFC Top 200 (2000 Rs SIP), HDFC Equity Fund (3000 Rs SIP), ICICI Pru Value Discovery Fund (2000 Rs SIP), Birla Sun Life Frontline Equity Fund (2000 Rs SIP), and recently started in Reliance Tax saver ELSS (2000 Rs SIP), L&T India Value Fund (5000 Rs SIP), L&T Prudence Fund (Rs 5000 SIP), SBI Bluechip Fund (5000 Rs SIP). I would like to know whether I should continue in the mutual funds selected or stop in few funds. Also I would like to know about your advise on the ULIP. I have a medical policy provided by my employer of 6 lacs and a personal medical floater policy of 8 lacs. Also I have a term insurance plan of Rs 60 lacs. Please give your critical advise on the queries mentioned above and also any other advise?

Apr 17, 2017 by Hemant, Pune | Financial Planning

Here are our observations and suggestion on your query - Your first priority should be to pay off your car loan and home loan. In case you have some surplus, do pay back the loans first and then invest. Investing... Read More