Investment, Financial Planning, Mutual Fund & Income Tax Queries

What should I do with the 15 LIC policies that I have with annual premium of 9 Lakhs as I am retiring

Can you please guide me - I have 15 policies with LIC, Annual premium 9 lac per annum, Now willing to take premature retirement. Unable to continue these policies except the one term insurance for INR 1 cr. Surrender value is too little. Can policies be just continued, without asking for refund and without paying premium?

Aug 8, 2016 by Dr Pankaj Agarwal, | Life Insurance

Please share with us the policy details and then only we will be able to reply to your query in details. The details should contain the Policy name (say, Jeevan Anand, endowment etc.) or code / Start date... Read More

How is HDFC Prudence fund for monthly dividend and growth

How is HDFC prudent fund for dividend monthly and growth or is there any other better monthly dividend fund. Please help with your advise?

Aug 5, 2016 by Ram, Mumbai | Mutual Fund

HDFC Prudence Fund is one of the oldest balanced funds in the mutual fund industry in India with an excellent long term track record. From January 2016 it has started paying monthly dividends which you can... Read More

What is rebalancing of portfolio

What is rebalancing of portfolio? If I have started seeping diversified equity fund 5-7 years O and at this current time when market is at its peak, shall we continue sip or book profit and stop the sip? At what time should we stop our equity sip or book profit and continue with SIP?

Aug 5, 2016 by Saurabh, New Delhi | Mutual Fund

Portfolio rebalancing may mean a number of things, like rebalancing between debt and equity, rebalancing between long term and short term debt, rebalancing between large cap equity and midcap equity... Read More

How can I invest Rs. 100000 in a fund and systematically transfer Rs. 2500 per month in equity fund for 30 years

I like to invest in a fund fund Rs. 1,00,000 and also like to systematically transfer RS. 2,500 month in other equity fund for 30 years. Is it possible and how. Also I like to invest in any Direct Mutual fund. Please suggest?

Aug 5, 2016 by Jayanta Kumar Sen, Kolkata | Mutual Fund

Yes, this is quite possible. You can invest Rs. 100,000 in a liquid fund and transfer Rs. 2,500 per month to an equity fund of the same AMC. For example, if you are investing in a liquid fund of ICICI Prudential... Read More

Could a government employee work as a LIC agent

Could a government employee work as a LIC agent?

Aug 5, 2016 by Kapil Patil, Kolhapur | Life Insurance

NO. You can not work as a LIC agent if you are a Government employee... Read More

Please let me know L&T MUTUAL FUND office in Lalbagh Road Bangalore

Please let me know your L&T Mutual Fund address in Lalbagh road in Bangalore immediately today now

Aug 5, 2016 by Mahadevan Kartikeyan, | Mutual Fund

Following is the address... Read More

Which is the best debt fund for investment of One lakh in lumpsum

Best debt fund for investment of 1 lakh in lumpsum please?

Aug 5, 2016 by K.Balasubrahmanyan, Ahmadabad | Mutual Fund

Please check the following link to select best performing debt funds... Read More

What would be the return in 15 years from the investment of Rs. 50,000 in balanced funds

I have invested Rs. 50,000 in balance fund in 3 scheme each. What will be the return I will get in 15 years?

Aug 5, 2016 by Sumeet, Mumbai | Mutual Fund

It is very difficult to answer as to what would the returns after 15 years on the balanced funds that you have invested in. This is simply because, mutual funds returns are not assured and there are many... Read More

Please suggest to invest 30 Lakhs in aggressive equity mutual funds with a proven track record

Request your advice to invest Inr 30 lakhs in agressive equity mutual funds which have a proven track record and suitable for long term investment plan as I don't need this fund for the next five six years. I am 52 years and would like to use this for my retirement needs after 6 years. I have build other savings to the tune of 1.5cr+ for my retirement needs. The above fund is over and above this. Kindly advise the best options?

Aug 5, 2016 by S.Kumar, Dubai | Mutual Fund

If you want to invest in aggressive equity mutual funds for next 6 years, then, you should invest in diversified equity mutual funds and mid and small cap fund categories... Read More

If I continue the SIP for 20 years what would be the amount that I could get

I made two SIP of 3000 in UTI dividend yield fund before 6 years. Recently I made 1000 in UTI Mid cap and UTI MNC, and 2000 in SBI Magnum Mid Cap. I want to give all the SIP to a 20 years time. So approximately what is the amount I am getting and also I am going to deposit 15000 a month in SIP along with other existing funds. What are your suggestions?

Aug 4, 2016 by Ashutosh Dey, Puri | Mutual Fund

You are currently investing Rs. 6,000 through monthly SIPs. If your investment horizon is 20 years then you can expect a corpus of Rs. around 90 Lakhs after 20 years assuming returns @15%. However, if the... Read More