Investment, Financial Planning, Mutual Fund & Income Tax Queries

Which SIP mutual funds to invest in for the long term

I am investing in 3 fund of 2500 Rs in each pm Reliance Growth Fund, HDFC Mid Cap Opportunity Fund, UTI Transportation and Logistics Fund for long time wealth creation. So please suggest me how the funds are or suggest me good portfolio for long time investment. I am 22 years old and I can invest 12000 pm total?

Aug 4, 2017 by Srikant Yadav, Chennai | Mutual Fund

Good to hear that you have started saving for the long term through mutual funds and already running 3 SIPs. Though you have selected funds with long term performance track record, the one scheme in... Read More

Which ELSS scheme is good BSL Tax Relief 96 or AXIS Long Term Equity

Axis Long Term Equity or Birla Sun Life Tax Relief 96 Fund. Which one would be better for investment(SIP) for next 8years. Please advice?

Aug 4, 2017 by Partha Sarathi Roy, Bandel | Mutual Fund

If you refer Top consistent Mutual Fund Performers Section on our website Advisorkhoj... Read More

Where to invest my tax savings bond maturity amount for next 3 years

I have a lump sum of Rs 40 lakhs from maturing tax saving bonds. I would want to park these funds for 3 years and after this 3 year period, I need these funds to generate monthly income via STP. Please suggest some good funds to achieve this goal?

Aug 4, 2017 by Ravi, Rajajinagar | Mutual Fund

As your investment horizon is 3 years, you can invest in long term debt funds (income funds). Debt funds gives you a better tax adjusted return compared to fixed deposits. You can invest in ICICI Prudential... Read More

Can I get good return in future from my mutual fund SIPs

Advisorkhoj is a very helpful page, many young investors are benefited from you. I am 27, need your suggestions regarding MF investment. I decide to invest through SIP monthly in the following way. Time - 10 to 15 years, risk profile - moderate to high. Large: Diversified: Small: Balance = 1:2:5:2. Funds are SBI Bluechip, BSL Advantage Fund, Franklin India Smaller Company & BSL Small & Midcap, HDFC Balance Fund. From this portfolio can I expect good return? If any correction is required please guide me?

Aug 4, 2017 by Anirban Senapati, Tamluk | Mutual Fund

Thank you for the kind words. Glad to know that you could recognize that investors are benefiting from the efforts given by Advisorkhoj :) You have selected good funds for your SIPs from large cap, diversified... Read More

Where can I park the retirement corpus and draw a fixed amount regularly

I will retire next year. Likely to receive a pension of 50k per month. I require at least 80k per month tax free. Can you suggest where should I park my retirement corpus to make up this deficit?

Aug 4, 2017 by Saumitra, Jabalpur | Mutual Fund

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

Let me know monthly dividend paying balanced funds for senior citizens

What is Indexation Benefit and how is it calculated? Suggest some ideally good balanced fund with monthly dividend payout for the senior citizens?

Aug 3, 2017 by Kanak Kumar Das, Kolkata | Mutual Fund

To know about indexation benefit and how it is calculated, please refer to this... Read More

Please provide information about UTI Floating Rate Fund Short Term Plan

UTI Floating Rate Fund scheme details and benefits please?

Aug 3, 2017 by Prodush Ranjan Das, Kolkata | Mutual Fund

UTI Floating Rate Fund Short Term Plan is a ultra short term debt fund and ideal for your investment needs of 1 day to 1 year or more. The fund has performed well over the years and beaten the category... Read More

Which mutual funds to invest Rs 25 Lakhs for 10 years

I would like to invest 25 lakh lump sum amount at once. Could you suggest me funds which can yield maximum return in upcoming 10 years. My adviser says that I must go for balanced funds and transfer whole amount with in 6 month through STP. Is it right way or STP period should be long and the category of funds is right, if you can suggest me the best balanced funds?

Aug 2, 2017 by Arvind Kumar Singh, Meerut | Mutual Fund

Your advisor is not wrong when he says that you should invest in balanced funds through STP of 6 months. However given that your wish is to 'get maximum return in upcoming 10 years', you might as well... Read More

Can you please suggest monthly dividend paying funds

1. Can you please suggest five good monthly dividend paying funds? 2. How to identify open ended, close ended, monthly dividend paying funds, only SIP accepting funds?

Aug 1, 2017 by AVR, Hyderabad | Mutual Fund

You can see monthly dividends of all the popular mutual fund categories from our mutual fund... Read More

Can I invest in Axis Long Term Equity Fund

Keen to start SIP in Axis Long Term Equity for next 8 years. Please advice?

Aug 1, 2017 by Partha Sarathi Roy, Bandel | Mutual Fund

Yes, you can invest in AXIS Long Term Equity Fund. The fund has a long term track track of superior performance in the ELSS category and could be a good fit for your long term SIP. Please check the AXIS Long... Read More