Investment, Financial Planning, Mutual Fund & Income Tax Queries

Have I selected the best performing mutual funds

Please go through my portfolio and recommend, I have UTI Long Term Equity SIP - Rs 1000 (Growth and Dividend), ICICI Long Term Equity SIP - Growth - Rs 500, Kotak Tax Saver SIP - Rs 500. Recently I have invested in Reliance Savings Fund - Debt Fund - Rs 500, one time Reliance Liquid Plan Growth - Rs 1000, one time Reliance Liquid Plan Institutional Growth - Rs 3000, one time UTI Liquid Fund Growth - Rs 500, one time ICICI Liquid Fund Growth - Rs 1000, one time and from October onwards I made SIP from Reliance Tax Saver - Rs 500, UTI Mastershare Unit Scheme - Rs 100, SIP from September UTI Liquid Fund - Rs 100, please analysis risk and recommend I have only 10 percent knowledge of MFs. I want to invest further after your analysis?

Aug 28, 2017 by Vijayakumar Murari, Vijayawada | Mutual Fund

Your portfolio is not in very good shape for multiple reasons and we think you need to meet a good mutual fund advisor in Vijayawada. Please note that you have invested very very small amounts in multiple... Read More

Which are the best performing mutual funds in the balanced fund category

I want to put RS 10 lacs lump sum in balanced fund for 10 years. My aim is to raise my fund so I am ready to take risk. I have some idea about balanced fund but now a days market is near its lifetime high. So is it advisable to put 10 lacs Rs lump sum? Is the balanced fund good also in higher market? Can we invest in this higher market?

Aug 27, 2017 by Gaurav S Patel, Anand | Mutual Fund

Glad to note that you have a long term investment horizon for investing in mutual funds. Yes, markets are at all time high level and if experts are to be believed than we are in the middle of a long term bull run... Read More

Can you please suggest best performing funds

Please suggest few schemes to replace the ELSS & LIC MF Mid Cap Fund. The articles are very encouraging and useful. Thanks again for your kind attention towards us?

Aug 26, 2017 by Partha Sarathi Bhattacharyya, | Mutual Fund

Thanks for appreciating our work. we can suggest you the following funds from ELSS and Mid Cap Fund categories - ELSS - Aditya Birla Sun Life Tax Relief 96 Fund, DSP BlackRock Tax Saver Fund and... Read More

What is the best performing mutual fund for 7 years

I want to invest one lakh rupees in mutual fund for 7 years. I am 40 years old, please advise?

Aug 26, 2017 by Sushil Kumar Pandey, Jabalpur | Mutual Fund

As your investment horizon is 7 years, you can simply invest in diversified equity funds. Diversified equity funds invests in stocks of all sectors and market caps and suitable for investors with high risk profile... Read More

Which is the best SIP to invest for the long term

My age is 33 and I have 2 years kid. I'm investing 2500 each in ICICI Pru Value Discovery fund (G) and Multicap Fund (G) from one year. After 20 years I need 1 crore in my hand. So, please tell me how to invest and how much monthly has to invest?

Aug 26, 2017 by Ajay, Hyderabad | Mutual Fund

You are investing Rs 5,000 through monthly SIPs in two good funds. With this investment you can accumulate a corpus of Rs 50 Lakhs after 20 years. But as your target is to reach Rs 1 Crore after 2 years, you... Read More

How to reach child education and marriage goal of my daughter

I am 35 years old lady, with monthly income of 50k. Daughter aged 5 years. Currently invested in Sundaram Smile Growth Opt-in 5000. Want to start some more SIP. For daughter education, marriage and my retirement. For education may require 90 lac, marriage 50 lacs and retirement may be 1.50 cr. Please suggest?

Aug 25, 2017 by Daks, Mumbai | Mutual Fund

You have 3 goals to reach and for which you want to plan investments. Here you go with our suggestions - Child education goal - Rs 90 Lakhs after say 15 years - to get this amount after 15 years you need to... Read More

What is the future of my ELSS investments

I have three ELSS a) Reliance Tax Saver, b) HDFC Tax Saver, c) MIRAE Tax saver, all for 2000 each. Please advise the future of my investment and expected percentage age of returns?

Aug 25, 2017 by PS Singh, Chandigarh | Mutual Fund

You have invested in good performing ELSS mutual funds. The future of any mutual fund investment, including your investments in ELSS funds, can not be predicted as this is subject to market risk. However... Read More

How can I invest in best performing mutual funds in India

I am an NRI and I want to invest 10 lakhs for 5 years and I am ready to take high risk too. I shall be thankful if you can suggest the MFs where I can put the money? Shall I have to invest through direct mutual fund or regular plan?

Aug 25, 2017 by Raheen, Nalgonda | Mutual Fund

You can invest in diversified equity funds. Diversified equity funds invests across in shares of all sectors and market cap and ideal for investors with high risk profile and 5+ years investment horizon... Read More

How can I locate the SWP step up calculator

Cannot locate SWP step up calculator?

Aug 25, 2017 by khalidur Rahman Khan, Allahabad | Mutual Fund

You can find the SWP Calculator with annual increase in our mutual fund research section... Read More

How to reach goal of daughter education

I am planning to invest a lump sum of Rs 2 lacs in the name of my grand daughter (who is 5 months old now) for a period of 17 years so that she can get a sizeable amount to meet her expenses towards higher education. What could be the best strategy?

Aug 25, 2017 by R A Murali Mohan, Bangalore | Mutual Fund

Great to hear that you are planning to invest in mutual funds in the name of your grand daughter for her higher education needs. As the investment horizon is long, we suggest you to invest in diversified equity... Read More