Investment, Financial Planning, Mutual Fund & Income Tax Queries

How do I get dividends if my mutual fund investments are in Demat account

This process is totally new for me, I want regular income, for dividend mutual fund investment, which is the best way to invest through? Demat account? and if I invest through Demat account how I will get dividend return every year? they will credit on same same account? and which are best tax free dividend mutual funds?

Aug 23, 2016 by Harshal Gurav, Mumbai | Mutual Fund

You can invest either way - through normal route - by filling up an application and submitting through a mutual fund advisors or at the AMC office or buying mutual funds online. You may also invest through... Read More

Is the returns of HDFC Tax Saver correct

I have been using your Advisorkhoj website. It has been made in a very simple & ease to understand/use. I congratulate you for this. For the sake of improvement only being you are working very hard, I wish to draw your attention on the above captioned scheme. I tried it on SIP calculator, it showed wonderful returns. However, I am not able to digest such a great return since inception of this fund, I checked the NAV from other sites also of this fund. It was found that NAV is correct since inception but number of units purchased at that NAV from April 1998 onwards, at some places there is discrepancy. Please check & let us know as to what is the correct position?

Aug 23, 2016 by Jinender Jain, Delhi | Mutual Fund

Thanks for the kind words about Advisorkhoj. Please note that the calculation for HDFC Tax Saver Funds look perfect on our website. The SIP returns of the fund since inception, according to our website is... Read More

Can I make lump sum investments of one lakh each to my existing funds

I am 48 years old engineer working in Dubai for last 20 years. My portfolio are BSL Top Hundred - Rs. 10,000, Franklin India Smaller Companies Fund - Rs. 10,000, Reliance Small Cap Fund - Rs. 5000, SBI Blue Chip Fund - Rs. 5000, SBI Magnum Mid Cap Fund - Rs. 10,000, UTI Mid Cap - Rs. 5000 - monthly since few months. Kindly advise if I can make lumpsum investments of one lakh each to these funds now. My period of investment is 3 to 5 years span?

Aug 23, 2016 by Harikrishnan, Dubai | Mutual Fund

Your current investments are in top performing funds from large cap, small cap and midcap fund categories. As mentioned by you, you can add your lump sum investments in these funds since your investment... Read More

How to get complete details of debt funds including fund performance AUM ratings of papers

If possible please guide me on debt fund for following mention issue. 1) Liquid and debt funds with handsome return are having asset size of couple of hundred crores compared to others in range of thousand crores. 2) Their credit rating and maturity duration is also satisfactory. But these good funds don't hold treasury bills, SOV Bonds, PSU companies and PSU banks commercial papers. Mostly in the range of 65% they hold commercial papers. Expense ratio is also high in the range of 1 compared to 0.3 to 0.4. So in such scenario shall we go for high returns. Is it safe to go for high returns or shall go for moderate return with good exposure in TB and SOV BONDS?

Aug 23, 2016 by Pravin Chandwadkar, Korba | Mutual Fund

To know more about debt funds you should read this... Read More

Your website is very impressive but want to understand how capital gain is shown in SWP tool

Your site is very very impressive specially I like SWP TOOL. There is one column CAPITAL GAIN/LOSS. I cant understand from where this amount come please explain it?

Aug 23, 2016 by Jugal Jhanga, | Mutual Fund

With regards to capital gain/ loss column in the tool, please note that each SWP withdrawal will have either a loss or profit. This is based on the NAV at which your bought the units and the NAV at which you... Read More

To invest in a less risky instrument should I invest in Arbitrage and Long term debt funds

I want to put some money in a less risky instrument. I want to select between Arbitrage and Long term debt fund. Which one would you suggest?

Aug 22, 2016 by Pranav Kumar Tewari, Patna | Mutual Fund

Arbitrage funds and long term debt funds are of course less riskier than equity funds. However, as far as Arbitrage funds are concerned the tax treatment is that of equity funds and the returns of Arbitrage funds... Read More

How NAV of a mutual fund is calculated everyday

1. How NAV of a mutual fund is calculated everyday (Equity & Debt)? 2.If one invest in a mutual fund on Saturday, will one get appreciation for Saturday & Sunday as the NAV will be calculated from the next Monday?

Aug 22, 2016 by R Khedia, Vadodara | Mutual Fund

Please go through the following links to know more about NAVs of mutual funds... Read More

Do I need to show my capital gains from SWP in IT returns even if they are tax free

I have a query regarding tax implication of MF. Every financial year I used to file my tax paper through a Chartered accountant in my home town. As I am a retired Senior citizen during my filing I am providing the complete details of my investments like FD, Post office Deposits, NSC etc, due to the decrease of FD interest rate I started some MF through CAMS in the direct plans. I choose my MF based on the articles I saw in ADVISORKHOJ. I would like to opt SWP once the fund completes one year for avoiding capital gain tax. My question is next financial year while filing my tax paper whether I want to mention my MF investment return? Please clarify?

Aug 22, 2016 by P.K. Saseedharan, Palakkad | Mutual Fund

Thanks for the kind words about Advisorkhoj. Glad that you follow our articles which helps you in taking your financial decision and mutual fund selection. For retired people like you, SWP is a strong tool to... Read More

I am a Mutual Fund Advisor and would like to get your help & advise so that my business can be improved

I am a Mutual fund advisor from Kochi and I have been a regular follower of your articles and website. Earlier I was working with Karvy and Religare securities. Now I am fully into advisory business. I am registered with NJ India invest. Recently I have created a website www.makeinwealth.com to do my business much better. Could you please guide me how I can registered with you. Also would like to get your help/advise so that my business can be improved?

Aug 22, 2016 by Chitra, Kochi | Mutual Fund

Thanks for writing to us. It is heartening to note that you have chosen one of the most rewarding career – Mutual Fund Advisory. Request you to go through our mutual fund research section... Read More

Can you please check if my SIP selection for long term investments is good or not

From Last few days I am a Fan of your posts & Advisorkhoj.com. It helped me in the faith of my long term Equity Investment and for decision of my long term SIP portfolio, I recommended this website to my friends also. I have short listed my 80% SIP portfolio, please help me for deciding the selection of 1 Diversified MF from the selected 2. My short listed Portfolio is: 1. DSP BLACKROCK MICROCAP - 1500Rs (Pure smallcap), 2. SBI MAGNUM MIDCAP - 1500Rs (Midcap), 3. MIRAE ASSET EMERG BLUE 2000Rs (Diversified Midcap), 4. FRANKLIN PRIMA PLUS - 1500Rs (Diversified), 5. FRANKLIN HIGH GROWTH Or BIRLA SUN LIFE ADVANTAGE FUND - 1500Rs (Diversified). Please help me for selection of 1 fund from FRANKLIN HIGH GROWTH And BIRLA SUN LIFE ADVANTAGE? But after reading your this post "How to effectively decode a mutual fund fact sheet Part 1 Equity Funds" I am "little" in a favour of BIRLA SL ADVANCED FUND as In the post you have told that For a diversified equity portfolio, the top 10 stock holdings should not be more 40 - 45% of the portfolio value. But now the total of top 10 stocks holdings of Franklin High Growth Co. is gone to nearly about 60%? Please help?

Aug 20, 2016 by Pradip Munde, | Mutual Fund

Really appreciate and thankful for the kind words. Glad that you are recommending Advisorkhoj website to your friends. You may ask them to subscribe to our newsletter... Read More