Investment, Financial Planning, Mutual Fund & Income Tax Queries

I am 34 year old with one girl child of 1 yr old want to invest in wealth creation mutual funds for long term

I am 34 with one girl child of 1 yr old want to invest in wealth creation mutual funds long as well short term can invest 5000 pm in different funds or Sip please guide?

Mar 31, 2016 by Ricky, Goa | Mutual Fund

Mutual funds can help you meet both your long term wealth creation goals, as well as any short term goals that you may have. For your short term goals, depending on the nature of the goal, your risk tolerance... Read More

I wanted to know about the tax rules that is applicable on various categories of Mutual funds

I am new to Mutual Funds. I wanted to know about the tax rules that is applicable on various categories of Mutual funds that includes liquid funds as well as per the rules of Union budget 2016. I shall be grateful to you if you can share your thoughts / provide me with some resources to read?

Mar 29, 2016 by Utpalendu Sarkar, | Mutual Fund

Please note the following in response to your query... Read More

I wanted to invest Rs. 1000 in each mutual fund selected by me and this is my first investment

I am 37. I wanted to invest Rs. 1000 in each mutual fund. My choices are 1) SBI Pharma Fund, 2) DSP Black Rock Micro Cap Fund, 3) Reliance Small Cap Fund, 4) Oxidized Pru exports and other services fund, 5) UTI Transport and Logistics Fund. Is my choices are suitable for me? It Will be my 1st investment in MF. But I wanted to take some risks. Please suggest me in details?

Mar 29, 2016 by San, kolkata | Mutual Fund

The schemes selected by you are either Sectoral Funds or Small Cap Funds which are not suitable for first time investors like you. The best schemes for you to start doing SIP would be Large Cap Funds or... Read More

I am expecting daily new articles, knowledge bytes, fund manager's views on market, product etc on your website

Dear Team, I am expecting daily new articles, knowledge bytes, fund manager's views on market, product etc on your website. It helps us to take important investment decisions. So please do the needful?

Mar 29, 2016 by Pravin, Kolhapur | General

Thanks for writing to us. Please follow us and visit our website www.advisorkhoj.com regularly to keep yourself updated with the information that you are looking for... Read More

Please provide me Authorised Mutual Fund Centres in Begusarai

Please send me all authorised centre of Mutual Fund In Begusarai(Bihar)?

Mar 28, 2016 by Baidyanath Kumar, Begusarai | Mutual Fund

Please find below the name and contact details of all AMFI registered Mutual Fund Advisors in Begusarai(Bihar)... Read More

Can Fire Floater Policy be issued for covering stock lying at Shop and Godown

Can Fire Floater Policy be issued for covering stock lying at Shop and Godown?

Mar 23, 2016 by Sumit B, Gulbarga | General Insurance

The answer is yes. You have to choose between a declaration or a floater fire policy depending on your business needs. To avoid the need to adjust the sum insured according to the changing stock value, a stock... Read More

How to invest my savings of 15000 per month. My Salary is 30000 per month

My age is 40 year, family of 4 members two kids age 16&9. My salary is 30k p.m. My saving is 15 k p.m. How to invest for future?

Mar 14, 2016 by Anand, Indore | Financial Planning

You have to start by defining your financial goals and quantifying it. Only when you clearly define your goals, can you plan your investments in order to achieve those goals. Some of your goals will be long term... Read More

I want to invest Rs 35000 month for my future financial goals

I want to invest Rs 35000/ month for the following goals:- 1. Child Graduation (18 years) - 5000, 2. Child Post Graduation (22 years) - 10000, 3. Child Marriage (26 years) - 5000, 4. Retirement (31 years) - 15000. I have EPF as my debt component & also some exposure in PPF, so I want any other debt exposure. How should I create my Equity portfolio and in which Equity funds should I invest (with less portfolio overlap & better diversification between market cap)? Presently I am investing as:- 1. Axis Long Term Equity - 5000, 2. Franklin Tax Shield - 5000, 3. Birla SL Frontline Equity - 5000, 4. Franklin India Flexi Cap - 5000, 5. HDFC Equity - 5000, 6. Franklin India Smaller Co - 5000, 7. DSPBR Micro Cap - 5000. Kindly review my MF investment & suggest for any changes if required. Else guide me to create a ideal MF Portfolio for Long Term?

Mar 14, 2016 by Jitendra N Ghosh, Kolkata | Mutual Fund

You have given a lot of thought to your long term financial goals and the financial plan to achieve those goals. Through proper financial planning you can win more than half of the battle. The other half of the... Read More

What are the top long term as well as short term debt funds where I can park my savings

I want to invest a portion or my savings in debt instruments. Is it suggested to invest online directly? What are the top long-term as well as short-term debt funds. Where I can park my savings and earn guaranteed returns?

Mar 14, 2016 by Rupa Agarwal, Bangalore | Mutual Fund

Firstly, you should note that, mutual funds do not give guaranteed returns. But the risks involved in debt fund investments are considerably less than risks involved in equity investments. Further, within debt... Read More

I have a home loan of 5 lacs remaining and repaying 18000 every month but my interest outgo is very high

I have a home loan of 5 lacs remaining. I am repaying 18,000 every month. On calculation I found that I am paying 65,000 interest nearly. My age is 54 years and I am earning nearly 75,000 net per month. Now I want to know weather I can close my home loan at this stage? I will be free of 18,000 installment per month and thinking to divert the amount for Mutual Funds. Is it beneficial? I calculate that if I continue the home loan it will be cleared in 3 years. But I will be paying nearly 2 lacs of Interest for that. But may have to pay more tax I think. please advise?

Mar 14, 2016 by Sarma, Hyderabad | General

You have analyzed your home loan situation very well and therefore we think that the answer is quite obvious. You can claim income tax deduction on your entire payment. Your total interest payment over the next... Read More