Investment, Financial Planning, Mutual Fund & Income Tax Queries

I joined as sub broker NJ INDIA but here my commission is not comparable with LIC agency

I recently join as sub broker with NJ India but here I not seen commission income with compare with LIC agency where I get 15 lakh annual income and I have customer base of 3000 nearby. My questions is my sub broker decision is write your wrong, and what I have to do for better performance in mutual fund. Here I also cleared that my customers base is rural area?

Jul 25, 2016 by Paresh Navik, Amalsad | Mutual Fund

You have joined one of the best organisations to pursue mutual fund distributorship. Please note that the earnings from mutual funds and LIC commission can not be compared as these are different products as... Read More

How can I invest in equity based MF which give regular dividends

I shall be retiring next year. A major portion of PF and Gratuity portion I want to Invest in equity based MF which give regular dividend, preferably MF with 100% equity fund. I want to avoid interest income as the same free from risk and against tenets of Quarn. Investment should have element of risk. Please advise?

Jul 25, 2016 by Mohammad Wasim, Asansol | Mutual Fund

Glad that you want to invest in good dividend paying equity mutual funds. We are also glad to note that you already have an idea that equity investing comes with risk. To know more about equity funds giving good... Read More

Very helpful website for mutual funds knowledge. Please send SWP topic for a lumsum investment

Very helpful sight for a mutual funds knowledge. please send SWP topic for a lumsum investment?

Jul 25, 2016 by Saurabh Sharma, | Mutual Fund

Thanks for the kind words. We have done some articles on SWP from lumpsum investments in equity and balanced mutual funds. You can have a look at them... Read More

What is the minimum business criterion for existing LIC Agents

What is the minimum business criterion for existing LIC Agents?

Jul 25, 2016 by Partha Sarathi, Kolkata | Life Insurance

It is minimum 12 policies and 1.50 Lakhs annual new policy premium collection... Read More

What are debt fund advantages over bank fixed deposits and the risk factor in debt funds

I want to deposit in Debt Funds. Are debt funds advantage over bank fixed deposits. What is the risk factor in debt funds?

Jul 25, 2016 by Venkatachalam, Erode | Mutual Fund

Thanks for writing to us. If you read the following three articles, I am sure not only your query will be answered, you will also get to know everything about debt mutual fund investing... Read More

National pension scheme advantages and disadvantages

National pension scheme advantages and disadvantages?

Jul 25, 2016 by S Nair, Mumbai | Financial Planning

You can read the following articles which I am sure will help answer your query... Read More

Difference between EPF vs PPF vs NPS vs RD vs FD

Difference between EPF vs PPF vs NPS vs RD vs FD?

Jul 25, 2016 by S Nair, Mumbai | Financial Planning

We do not have readymade content to really do this comparison. But definitely, we will try to address this by creating some tools. Meanwhile, few of the comparisons can be found from here... Read More

Why so many Investors withdraw their money after 5 years of completion of SIP

There are so many Investors who withdraws their money after 5yrs completion of SIP and again open SIP for another 5yrs as Returns More than PO R/D. But unable to convince them to stay?

Jul 25, 2016 by Sanjib, | Mutual Fund

As an advisor, we think, it is your duty to hand hold the investor to keep him stay invested in SIPs for the long term. Our understanding is that mostly the advisors suggest doing SIPs for 5 years and therefore... Read More

I recently retired and with surplus funds want to do SIP and then SWP

I have recently retired and have surplus investible funds. I have a medium grade risk-taking ability based on my previous investments in debt and other fixed return schemes. I plan to invest through SIP route for 20 months period in the following diversified equity (Multicap) funds with a good track record and then opt for a monthly SWP equivalent to 1% of the accumulated fund value after waiting for a 12 month cooling-off period, to avail the benefit of tax-free returns: (i) ICICI Pru Value Discovery Fund - Direct - Growth, (ii) Franklin India High Growth Companies Fund - Direct - Growth. Please advise whether this is a prudent investment strategy and whether both the above MF Plans allow for SWP Plan to operate with a 10% increase in withdrawal sum Y-O-Y basis?

Jul 25, 2016 by Ajay Misra, Allahabad | Mutual Fund

Please note that both the funds in your selection are diversified equity funds and have long track record of consistent performance. Both the plans offer SWP feature... Read More

Please let me know if I need to change funds in my mutual fund direct portfolio

I have the below Direct portfolio in my MF account. Kindly let me know in case the quality of the holding & if I need to make any changes: SBI Magnum Multicap Fund - Rs. 2000, SBI Midcap Fund-Reg-G - Rs. 1000, SBI Blue Chip - Rs 2000, SBI Magnum Tax Gain- Growth - Rs. 2000, HDFC Long Term - Rs. 2000, HDFC Balanced - Rs. 1000, HDFC Monthly Income Plan - Long Term Plan - 2000?

Jul 25, 2016 by Umesh, Bangalore | Mutual Fund

You fund selection is good and you have very well diversified your mutual funds investments into large cap, multicap, midcap and hybrid funds. The only scheme whose performance has been lacklustre for... Read More