Investment, Financial Planning, Mutual Fund & Income Tax Queries

Is SBI Bluechip fund good for 10 years investment

I want to deposit 5 lack for 10 years in SBI Bluechip?

Aug 31, 2016 by Abhai Narain Pradhan, Varanasi | Mutual Fund

Yes absolutely. You can invest Rs. 5 Lakhs for 10 years in SBI Bluechip Fund... Read More

I want to know how can I get Rs. 2 Crores on my retirement

I am a central Govt. employee, aged 36 years. My annual salary is Rs. 6 lakhs. I am married. I have one kid of 8 months old. I want to know how can I get Rs. 2 crore on my retirement. Presently I had done the following investments: 1. LIC = Rs. 30K yearly, 2. HDFC Term Plan = Rs. 13K yearly, 3. PPF = Rs. 24K yearly, 4. Sukanya = Rs. 24K yearly, 5. NSC = Rs. 15K yearly?

Aug 30, 2016 by SSS, Banaglore | Retirement Planning

You have not shared complete picture of your investments and also your employment details including EPF and retirement age etc. Therefore, we will not be able to answer the query in details. However... Read More

Can you please list out tax structure for all mutual funds

Can you please list out tax structure for all mutual funds?

Aug 30, 2016 by N.Santhana Krishnan, Chennai | Mutual Fund

Please refer to the below article which explains taxation of Mutual Funds for the FY 2015-16. But this is relevant for the current FY 2016-17 also... Read More

Need your suggestion as I want to start SIP in 3 funds which I have selected

I want to start SIP in Birla Sun Life Advantage Fund, HDFC Balanced Fund and L&T India Prudence Fund for 10 years. Need your suggestion on these funds?

Aug 30, 2016 by Pranav Kumar Tewari, Patna | Mutual Fund

You have selected good funds to start your SIPs. Birla Sun Life Advantage Fund is a multi cap fund with 20 years of track record. The fund has delivered more than 18% annual returns since inception... Read More

Is the amount taxable if someone invests 10 lakh in diversified or balanced funds & get SWP 8000 per month

I read always your blog that If someone invest 10 lakh in diversified/balanced funds & get SWP 8000 pm. The amount is tax free or not please clarify?

Aug 30, 2016 by S R Jain, | Mutual Fund

The capital gains arising out of the amount withdrawn as SWP from your lump sum investments in diversified equity funds or balanced funds could be tax free only if the SWP withdrawals start after 12 months... Read More

Can you please suggest fund names as I would like to Invest 3 Lakhs in mutual funds and do SWP

I would like to Invest 3L in mutual funds. I want to go for SWP. Can you suggest which one is best?

Aug 30, 2016 by Kesav, | Mutual Fund

Investing in mutual funds should be done based on your risk taking appetite. You must know how much risk you can take and accordingly invest in appropriate category of funds. You may check your risk profile... Read More

I started investing in mutual funds because of your valuable posts

I have been reading your posts regularly in Advisorkhoj. I started to invest in mutual funds because of your valuable posts. Thank you so much sir. Its going to be an year since I started investing in mutual funds. Could you please review my funds following, that would be very very helpful for me. I'm planning to buy a home, so my term of investment is 3 years. Tata Balanced Fund - Growth - 2000, Axis Long Term Equity Fund - Growth - 1000, SBI Blue Chip Fund - Regular Plan - Growth - 1000, Birla Sun Life Dynamic Bond Fund - Retail Plan - Growth - 1000, Franklin India Ultra Short Bond Fund - Super Institutional - Growth - 1000, Please let me know if I need to change any of the funds?

Aug 30, 2016 by Suresh Kanna, | Mutual Fund

It seems we missed out replying to your query earlier which is apologised. Glad that you like our posts and have started investing mutual funds. Needless to mention, Mutual Funds are the best way of creating... Read More

Please check if my investment selection is good considering that I am a moderate risk taker and retired

I retired from Govt. service, age 61 years, and received about 60L superannuation benefits. Have no Liability. I want to invest this amount to secure the funds and to beat the inflation with tax efficiency. I have moderate risk capacity. I thought I must invest Rs. 15L in SCSS, 15L in debt schemes of MFs, 10L in MIPs of MFs and 10L in two Balance funds & lL in liquid fund like Reliance money manager fund and balance in savings account. If my planning is right then kindly suggest schemes and funds in which I should return?

Aug 30, 2016 by Vinay Vashisht, Chandigarh | Retirement Planning

From the perspective of spreading your investments in different asset classes and also considering your age and risk taking appetite, the allocation you have done to different schemes and assets is absolutely... Read More

Can I get the details of mutual fund advisors in Phagwara

Can I know no any mutual fund advisor in Phagwara?

Aug 30, 2016 by M L Arora, | Mutual Fund

Thanks for writing to us. Using the following link you can get the details of mutual fund advisors available in different areas in Phagwara... Read More