Investment, Financial Planning, Mutual Fund & Income Tax Queries

Did ICICI Prudential Dynamic introduced monthly dividend payout option

I want to know that, that if ICICI Pru Dynamic Plan introduced monthly dividend payout option from June 2017?

Jul 27, 2017 by Anil Kumar Agrawal, Balarampur | Mutual Fund

No, ICICI Prudential Dynamic Plan did not introduce monthly dividend payout option. They only... Read More

How to reach goal of One Crore after 5 years

I have started investing in mutual funds very recently. My risk profile is moderate to aggressive & my horizon is 5years as of now. I have invested Rs. 5000 each as SIP in the following funds: Birla Sun Life Frontline Equity (G), SBI Blue Chip (G), HDFC Midcap Opportunity (G), L&T Value Fund (G), DSPBR Small & Midcap (G), Reliance Small Cap (G), Mirae Asset Emerging Blue Chip (G), Axis Long Term Equity (G). My request to you is to kindly evaluate the port folio & suggest me how much more I need to invest in SIP (& some good funds) to generate a corpus of 1crore 5years from now?

Jul 26, 2017 by Dr. Soutik Panda, Kolkata | Mutual Fund

You are investing in good schemes through monthly SIPs and the current amount is Rs 40,000. To achieve the goal of Rs 1 Crore after 5 years, you need to invest Rs 117,000 per month, assuming annual... Read More

Please let me know returns of conservative funds and growth funds in last 5 years

Please advise return on growth fund and conservative fund in past five years and your fees?

Jul 26, 2017 by Naginbhai Neil Patel, | Mutual Fund

Please note that the you can check the last 5 year returns of all category of funds from the below... Read More

Which are the good funds for SWP

I am retiring this month end (July 2017), I need to have steady monthly income of Rs. 25000 per month? How much I should invest to have a SWP from mutual funds? Which are the best funds currently operating? Please give me some details of SWP?

Jul 25, 2017 by Parameswaran Subramaniam, | Mutual Fund

Glad to note that you want to know more about SWP and plan to start SWP as you are retiring... Read More

Which are the best monthly dividend paying balanced mutual funds

Please suggest me the best balanced funds to get monthly income?

Jul 25, 2017 by Narayan Joshi, | Mutual Fund

Please check this mutual fund research tool on our website to know the balanced funds which are... Read More

I do not know if my MF portfolio is on the right track

I am regular investor in mutual fund but i don't know that my portfolio is running on right track or not, so please help me regarding the same. Details are given following - SBI Midcap 1000, SBI Bluechip 3500, Mirae Asset Emerging Bluechip 6000, ICICI Pru Focused Bluechip 3000, Birla Tax Saver 96 1000, DSP Tax Saver 1000, Reliance Tax Saver 2000, DHFL Medium Term Income 5000, SBI Gilt Fund 2000, Kotak Income Fund 5000?

Jul 24, 2017 by Bal Ram Sharma, | Mutual Fund

You will be happy to note that your mutual fund portfolio consists of good performing schemes. Our only suggestions are two - As majority of your SIP investments are in equity funds, remember, your... Read More

How to calculate returns on my investments using excel

I am writing this email to you for a querry of mine as to the returns I am getting on my investment. My 2 querries: Query no 1) I have invested in a plan where I pay for 5 years a fixed sum of 50000 and at the end of 20 years I get back 1200000 lump sum; now how do I calculate the rate of return. I only know my payment is fixed for 5 years term; with 50000 as installment for 5 years; and maturity year along with future value of Rs 1200000 at the end of 20 years. Now I am not able to find out my return if possible on an excel sheet. I use excel, if you could explain the steps to arrive at interest earned compounding every year that would be appreciated? Querry no 2) I have also invested in a fund via SIPs for a period of 5 years, in Sundaram Select Focus Fund and also withdrew amounts when required. Going forward I would let my investment grow, hence I wanted to know how to calculate returns. Now I want to know how to calculate returns on my this investment till date. How do I calculate absolute returns, or compounding returns in the above screen shot. Eagerly waiting for your reply?

Jul 24, 2017 by Vivek Sethi, | Mutual Fund

In order to calculate returns from a series of cash-flows in Excel you have to use the XIRR... Read More

Can you let me know two best plans for monthly withdrawal

Please send me 2 best plans on monthly withdrawal basis?

Jul 24, 2017 by Bhaskar Sen, | Mutual Fund

We replied to a query similar to yours which you can go through... Read More

Can I invest in Principal Emerging Bluechip Fund

Please inform whether i can invest rs 50000/ in principal emerging bluechip?

Jul 23, 2017 by Abhinav R, | Mutual Fund

Yes, you can invest in Principal Emerging Bluechip Fund. Principal Emerging Bluechip Fund is one of the most consistent performers in the mid and small cap category of funds and ideal for investors with high... Read More

Have I planned my MF investments according to my risk profile

My current SIP investments (Direct Plan - Growth Option) is Rs. 2,00,000/month as following: Large Cap: SBI Blue Chip Fund (G) 5000, Birla Sun Life Top 100 (G) 5000, Diversified Equity: Tata Equity P/E Fund (G) 5000, Franklin India Opportunities (G) 5000, Small & Midcap: Canara Robeco Emerg-Equities (G) 5000 - Invested for a year and Stopped now. (Money not redeemed from fund - Rs.1,30,000) Birla Sun Life MNC Fund (G) 5000 - Invested for 3 years and stopped now. Tranferred money from this fund to Birla Sun Life Balanced 95 Fund via STP on a monthly basis Mirae Asset Emerging Bluechip Fund (G) 20000, DSP BlackRock Micro Cap Fund (G) 20000, Franklin India Smaller Companies Fund (G) 10000, Balanced Funds: Tata Balanced Fund - Direct (G) 25000 - Stopped SIP last month (Money not redeemed from fund - Rs.2,77,000), HDFC Balanced Fund - Direct (G) - 30000, L&T India Prudence Fund - Direct (G) 40000, Birla Sun Life Balanced 95 Fund (G) 40000, ICICI Prudential Balanced Fund (G) 25000. With the above plan, 3% each will be in Large Cap and Diversified Equity, 25% in Small and Midcap and 68% in balanced funds. I have Fixed deposits in my parents name (Senior citizens) for about 70 - 80 lakhs. Initially my plan was to continue these investments for the next 4 years by withdrawing money from above FDs on these funds. However, after reading more about Mutual Funds and understanding Balanced Mutual Funds more in detail, I am thinking to alter my investment portfolio and invest lumpsum in balanced funds in the below manner and keep the money in these funds for next 4-5 years: HDFC Balanced Fund - Direct (G) - 40 lakhs, ICICI Prudential Balanced Fund (G) 40 lakhs. Having said that, I will stop all my current SIPs as mentioned above, but will not redeem money from the funds. I am a moderate risk investor and hence I want to invest lumpsum in Balanced Mutual Funds for a period of 4-5 years which should help me give good returns (atleast double my investments) is what I am hoping. I am currently 39 years and want to retire at the age of 45. Please suggest if this is the right mutual funds portfolio that I am thinking to change to and provide your valuable suggestion?

Jul 23, 2017 by PG, Hyderabad | Mutual Fund

Please note that we do not give mutual fund advise. We do create awareness about mutual funds and other investments and give suggestions based on investors queries received by us. If you want a proper... Read More