Investment, Financial Planning, Mutual Fund & Income Tax Queries

Does semi govt person can work as a mutual fund advisor

Does semi Govt. person works as a mutual fund advisor after getting Arn?

Aug 20, 2016 by Shailesh Shikhare, Nashik | Mutual Fund

You can not take an ARN number or work as a mutual fund agent if you are working in a semi Government or Government department... Read More

If I am willing to take risk should I invest in Infrastructure funds through SIPs

I'm planning to start the following SIPs from September. I'm 26 years old and I'm willing to take risks since my investment horizon is 10 years. Please let me know of your thoughts? 1. Reliance Tax Saver - 10k, 2. UTI Transportation and Logistics - 4k, 3. ICICI Prudential Value Discovery - 4k, 4. Franklin Smaller Companies - 4k, 5. Franklin Build India - 4k, 6. Kotak Infrastructure and Economic Reform - 4k. Total = 30k/pm. Chose 5 and 6, because I feel infrastructure will get a big boost in the next 2/3 years. Please advise?

Aug 20, 2016 by Dilip, Mumbai | Mutual Fund

Just because your risk taking appetite is high does not mean that you should invest in Infrastructure funds through SIPs. If you feel that this sector will do very well in next 2- 3 years, then why do not you invest... Read More

I want to know more about STPs and which kind of funds are good for it

I have been investing in mutual funds through SIP. Recently I came across terms like STP and Value STP. So, please educate me about them, how it works and which kind of fund/schemes are good to choose. Also, I would like to know which one is better?

Aug 20, 2016 by Basudev, Barbil | Mutual Fund

Thanks for your interest in knowing about STPs. Please read the following article which explains the concept of STPs and how it can be used for asset allocation and optimising mutual fund returns... Read More

Can you suggest me Funds as I have 5 lakhs which I want to invest in mutual funds

I have 5 lakhs rupees in cash. I want to invest in mutual funds. Kindly suggest me how should I invest. I want to invest for 3 to 5 years?

Aug 19, 2016 by Anand Kumar, Delhi | Mutual Fund

If you want to invest in Mutual Funds for 3-5 years, then generally speaking, you may go with Diversified Equity Funds. You may select a Top Performing Diversified Equity Fund from here... Read More

Should I have separate mutual fund portfolios for multiple goals

If anyone have multiple goals, he/she should be separate mutual funds portfolio for each goal?

Aug 19, 2016 by A Biswas, Nashik | Mutual Fund

There are no hard and fast rules in this. You can have one mutual fund portfolio for all your goals. For example - you might have some goals which you want to achieve in the 2-3 years, there could be some... Read More

Can you please provide point to point returns for a specific period

Please explain point to point calculation of any fund for the period 16/8/14 to 16/8/16?

Aug 19, 2016 by Kailash CH Mohanty, | Mutual Fund

Using the following research tool, you can get the point to point return of any specific period... Read More

Can you please give SWP cash flow analysis for HDFC Balanced Fund & HDFC Prudence Fund since inception

Please give SWP cash flow analysis for HDFC Balanced Fund & HDFC Prudence Fund since INCEPTION?

Aug 16, 2016 by Bhalchandra V Pade, | Mutual Fund

Please check the following URLs and get these analysis since inception for these two funds... Read More

Should I choose NPS or increase my investments in existing Mutual Fund SIPs

I am investing an amount of Rs. 30000 through different SIP (Large, Multi and Mid cap) for a targeted period of minimum 15 to maximum 21 years for achieving my various goals. Now I wish to invest an additional amount of Rs. 8000 to 10000 every months, but I am not sure that whether will I choose NPS or increase my investment in existing Mutual funds? My investment horizon is about 24 years. I am 36 years old and worked in a Govt. sector, please suggest me?

Aug 16, 2016 by A Biswas, Nashik | Taxation

You should choose NPS only if you want to avail additional tax benefit of Rs. 50,000 under section 80CCD. You may be aware that the Finance Minister announced an additional tax saving of Rs. 50,000 per year... Read More

Please suggest best SIP funds as I want to start SIP of 3500 per month for 3 - 5 years or 10 years

I am 33. I want to start SIP with 3500 per month for 3 and 5years or 10years. Please suggest the best SIPs?

Aug 16, 2016 by Sovan, Midnapore | Mutual Fund

Glad to hear that you want to do SIPs in mutual Funds. For doing SIPs in Mutual funds with an investment horizon of 3-5 years or even more, you should go with diversified equity funds... Read More

What would be the taxation on INDIAREIT Fund

I have just received my first return on an investment that I done in a real estate investment fund (erstwhile INDIAREIT fund). This payment by the fund was a return of my capital plus LTCG. I am trying to determine my income tax impact for the LTCG. Please advise if it would taxable at 20% or if it can be treated like a Debt Mutual fund and be taxed at 20% with indexation?

Aug 16, 2016 by Harish Sadasivan, Bangalore | Taxation

We find that INDIAREIT Fund has few series of schemes launched over a period of time. We do not know which one you have invested in? In the Budget 2014, the Finance Minister proposed to kick start the... Read More