Investment, Financial Planning, Mutual Fund & Income Tax Queries

How to invest in the best investment plans

I earn upto 24k every month. My expenses are quite low and I manage to save upto Rs. 18k each month. Where would be the wisest place to invest my money?

Mar 9, 2015 by Akhil, India | Mutual Fund

Firstly, you should be congratulated for starting to think about your financial planning early in your career. This will go a long way in ensuring success in achieving your financial goals. Before you start planning your investments you should ensure that you have sufficient life insurance... Read More

Best Systematic Investment Plan from Mutual Funds

I have an query regarding my investments. Below mentioned funds are suggested by my relative to join in systematic investment scheme of 10000 Rupees each on monthly basis for five years for me and my brother. 1. ICICI Focussed Blue Chip Equity Fund 2. ICICI Discovery Value Fund 3. HDFC Midcap Oppurtunities Growth 4. Franklin India Prima Plus 5. Birla Sunlife Frontline Equity 6. HDFC Prudence Growth. Please need your advice on this.

Feb 25, 2015 by VAKKIL SATHEESH KUMAR, coimbatore | Systematic Investment Plan

This is a good selection of scheme. Basically you have selected 2 large cap funds, 2 small and mid cap funds, 1 diversified and 1 balanced fund. How much allocate to each scheme... Read More

Who is the Karta in HUF Investments

I read an article about HINDU UNDIVIDED FAMILY in your website. I have some doubts on my mind. MY query is Only 3 daughters father can make KARTA elder one daughter or not?

Feb 18, 2015 by Sushma Chopra, Hyderabad | Mutual Fund

After the amendment of Hindu Succession Act in 2005, daughters can become coparceners in their father’s Hindu Undivided Family (HUF). A daughter would remain a coparcener in her father’s HUF even after her marriage. In the event of the death of the Karta, in absence of any male coparcener... Read More

Best Investment plans for children marriage planning

I have a horizon for 3 years. I am 49 years old. I need money after 3 to 3.5 years for my daughter wedding. I want to invest in lumpsum?

Feb 13, 2015 by Tarun, New Delhi | Mutual Fund

Since you have a three year investment horizon, you can invest in good diversified equity funds. Equity markets are expected to do well over the next 3 years, as the macroeconomic situation of India improves. One can expect good returns in equity over a 3 years time horizon... Read More

Should you withdraw the amount after stopping SIP

After stopping the SIP, do i have to withdraw the amount or i can leave it for certain time period?

Feb 9, 2015 by Rajesh Kumar, Noida | Systematic Investment Plan

Even after stopping the SIP you can keep the accumulated units for as long as you want. The units will be valued at the prevailing NAVs at the time of redemption... Read More

which is best systematic ivestment plan to invest for 5 years

I have to start a SIP of Rs. 10000 for a period of 5 years. Kindly suggest me different funds to invest for a horizon of 5years?

Feb 4, 2015 by Basant Raval, Ranchi | Systematic Investment Plan

Before selecting funds for your SIP, you need to define your investment objectives. Your investment objectives should also be based on your risk tolerance. Based on your investment objectives, you can select funds for your SIP investments... Read More

Which are the best Systematic Investment Plan of Mutual funds

I have been investing (SIP) in below mentioned mutual funds since last 3 years. HDFC Top 200(G) - Large Cap - 3K pm, HDFC Equity(G) - Diversified Cap - 2K pm, IDFC premium equity(G) - Small Cap - 2K pm. Now I want to change these mutual funds. Please suggest from below mentioned funds or any other better then below mentioned. In Large Cap - ICICI Pru Focused Bluechip Eqty(G), UTI Equity Fund(G), BNP Paribas Equity Fund(G), Birla Sun Life Top 100(G). In Diversified Cap - Franklin High Growth Cos(G),ICICI Pru Exp&Other Services - RP(G), UTI MNC Fund(G). In Small Cap - UTI Mid Cap(G), Franklin (I) Smaller Cos(G), Reliance Small Cap Fund(G), DSP-BR Micro Cap Fund - RP(G).

Feb 4, 2015 by Yogesh, Gurgaon | Mutual Fund

Among the large cap funds that you are evaluating, Birla Sunlife Top 100 and UTI Equity Fund have been rated as good performers by CRISIL. Over the years, ICICI Prudential Focused Bluechip Equity fund has slipped a little. You can also evaluate Franklin India Opportunities fund... Read More

Is ICICI Prudential Balanced Advantage Fund a good Mutual Fund

Tell whether ICICI Prudential Balanced Advantage - Regular Growth is good fund. My time horizon is 5 years, Or should I switch to a better fund?

Feb 4, 2015 by Rajiv Ahuja, New Delhi | Mutual Fund

Your fund selection will depend on your risk profile and investment objectives. Firstly ICICI Prudential Balanced Advantage fund is a good fund in the balanced fund category. ICICI Prudential Balanced Advantage fund’s returns are lower than some of the top performing funds... Read More

What are the best Mutual Funds to invest

Which are the best Mutual Funds to buy at this level of sensex, having medium risk? Which sector will do well now? Will investing in FD is better option than Stocks or Mutual Funds for next 5 years?

Jan 30, 2015 by Shaila, Mumbai | Mutual Fund

It is important to understand that if you have a five year investment horizon, then the Sensex level at which you are investing is of not much significance. Market experts believe that we are in the initial stages of a long term secular bull market... Read More

Should you invest through Bank wealth management team

I am a customer of HSBC Bank. I like to invest through HSBC Wealth Management plan monthly 50000 rupees for 5 years for my daughter marriage & sons higher studies in SIP Investment. Now some body saying HSBC is not a good Bank to invest. I don't know can you advice me?

Jan 19, 2015 by Vakkil Satheesh Kumar, Coimbatore | Systematic Investment Plan

Firstly, you have made the right decision to start planning for your children’s future through systematic investment plan (SIP). Investing through wealth management channel of a bank does not necessarily mean investing in the bank... Read More