Investment, Financial Planning, Mutual Fund & Income Tax Queries

How about investing in HDFC Prudence Fund

Your views on HDFC Prudence Regular Monthly Dividend payout option?

Aug 12, 2017 by Hari Haran, Gurgaon | Mutual Fund

We have replied to a similar query which we request you to read to get the answer for your query... Read More

Which mutual fund is best to invest

Please forward me the best investment plans for sip and lump sum investment?

Aug 11, 2017 by Balaraju, | Mutual Fund

Thanks for writing to us. We have a tool on our mutual funds research section where you get to know which mutual fund is best to invest from the various category of funds. Please explore here... Read More

Is ICICI Prudential Banking and Financial Services Fund good for long term

Is ICICI Banking and Financial mutual fund is best for long term lump sum investment with a time horizon of 15 years. Because this fund has shown a lot of growth in past. Can you please suggest me?

Aug 11, 2017 by Himanshu Kumar, Chennai | Mutual Fund

ICICI Prudential Banking and Financial Services Fund is a sectoral fund and invests only in banking and financial services sector in India. Any sectoral fund can be riskier compared to other equity fund categories... Read More

Which will be the best and suitable mutual fund for me

I am 41 years old. I want to invest Rs 4000 for 10 to 15 years in different mutual funds. Which will be the best & suitable for me?

Aug 11, 2017 by Kumar Saroja Nand, | Mutual Fund

As you want to invest for 10 to 15 years, equity mutual funds could be suitable for you. However to know which equity funds will be the best and suitable for you, please note the following - There are many a... Read More

What about best SIP plans now for 5 years

What about best SIP plans now for 5 years?

Aug 10, 2017 by Abakash Mahapatra, | Mutual Fund

You can invest in equity mutual funds for 5 years. However, there are many a categories in equity mutual funds and selection of funds from those should be based on your risk profile. There are mainly 3... Read More

Where to invest my money as I am retired

Please guide us to invest where our money. We are retired personal?

Aug 10, 2017 by Satbir Kaur, | Mutual Fund

We have replied to a similar query which you might like to read... Read More

Will SBI officer help me filling up SBI Magnum Multicap fund form

SBI Magnum Multi-Cap Fund, are you sure, that the SBI officer Will help for completing the forms?

Aug 10, 2017 by Channdra Shekhar Singh, | Mutual Fund

Any officer or any staff member of SBI branch should help you not only in filling up the mutual fund application from but with your investments as well. In case you do not have a SBI Branch near your place, you can... Read More

Is UTI Balanced Fund good for SIP

Is UTI Balanced Fund good for SIP?

Aug 9, 2017 by Jay Kalal, | Mutual Fund

There are better funds in the balanced fund category as given below. You may start a SIP in any... Read More

Can I start mini banking from my office

I read your blogs. They are very much knowledgeable. Thanks for writing these blogs. I want to know that how can I start mini banking in my office, where I can give services like deposit, withdrawal, money transfer to other bank account, passbook printing etc. please guide me where should I apply?

Aug 9, 2017 by Pawan Kumar, | General

You cannot provide banking services from your office unless you are from a rural area where there are no bank branches. If you are residing in a rural area, you can contact nationalized banks who appoint... Read More

Monthly dividend paying mutual funds

I am a retired Indian Overseas Bank Officer and expects to receive monthly dividend at par with bank FD interest. Please suggest me few such Mutual funds. One of my friend suggest to invest in HDFC Prudence Fund which pays monthly dividend. I want to get clarification on how the invested principal amount will be safe even after paying monthly dividend on monthly basis?

Aug 9, 2017 by Mohan Guruputra Kesari, | Mutual Fund

If you invest in mutual funds, then you can get much better return or dividends over bank fixed deposit interest. However, investing in mutual funds has some risk and I am sure as an ex-banker you are aware... Read More