Investment, Financial Planning, Mutual Fund & Income Tax Queries

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

Can you answer my queries as I want to start investing in mutual funds

Thank you for sharing details blog related to mutual fund on this site. It is very useful to understand the mutual fund investigation process and fund. I am planning to invest in mutual fund not sure how to start so could you please answer/clarify following questions. Many thanks in advance. 1. Which is best way to start the SIP (Through saving bank account/Demat account)? 2. Is there any way to skip the paying SIP for some time (Due to money emergency) and again start after 2-3 months? 3. Which fund is best for retirement plan (Large cap/ mid/small cap)? 4. Is advisable to invest 30K in single fund through SIP for shorter time (2-3 years) as wanted to get good returns compare to FD and saving account? 5. How to evaluate the risk factor while investing in MF like fund will be lost etc.? 6. I had ELSS Fund (01-ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth) so kindly how to track (last statement received on March 31) and shall I continue or switch to other fund? 7. Please suggest best fund for the long term investment?

Jul 23, 2017 by Abhishek Pathak, | Mutual Fund

Glad that you liked our website and found the mutual fund contents useful. Also, happy to note that you want to start investing in mutual funds. Here you go with the answers to your queries. You can start SIPs... 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

With moderate risk which mutual funds to invest for my daughter

Can you suggest me best mutual fund for my daughter am I thinking I am invest Rs 50000 each mutual fund about 100000 Rs for long term like 18 years & single time investment & I am expected high returns & moderate risk?

Jul 23, 2017 by Rajeswar Reddy, | Mutual Fund

As you are expecting high returns and your risk profile is moderate, therefore, you can invest in balanced funds. Balanced Funds invests 65% in equities and rest in debt instruments and by investing in the... Read More

Which mutual fund can I invest for the future of my daughter

Jul 22, 2017 by G Rajeswara Reddy, Tadipatri | Mutual Fund

As you can take moderate risk you can invest in large cap funds or balanced funds for your daughter's future. You can assume 12% annual returns and based on that can expect around Rs 8 Lakhs after 18 years... Read More

How can save for my various future goals

I am Rajib from assam, 39 years old, as a businessmen. My monthly earning Rs 20000. I want to know investment options which fulfill my goals. My financial goals are: 1) Need 10 to 15 lac within a 5 years for home renovation? 2) Need 1 crore for child education after 17 years? 3) Need 3 crores for retirement life after 20 years? kindly sir guide me how could i achieve those above goals?

Jul 22, 2017 by Rajib Das, Duliajan | Mutual Fund

You can invest in mutual funds through monthly SIP schemes. Let us now see how much you need to save every month in order to reach your various goals? Rs 10 to 15 Lakhs after 5 years - You need to save... Read More

I am looking for monthly pension

I am retired person looking for monthly pension scheme after depositing lump sum amount?

Jul 22, 2017 by Varun Dev Rana, Sunder Nagar | Mutual Fund

As a retired individual you have many options to earn a regular return from your investments... Read More

As I plan to invest in mutual funds check if I have chosen good funds

I am planing to investment of Rs. 10000 monthly to MF. Please suggest me I'm choosing correct or wrong. 1). Franklin India Smaller Companies Fund - Direct Plan (G) - 3000, 2). L&T Emerging Businesses Fund - Direct Plan (G) - 3000, 3). Mirae Asset Emerging Bluechip Fund - Direct Plan (G) - 4000?

Jul 22, 2017 by Thirupathi, Vellore | Mutual Fund

Yes, you have selected top performing Funds from mid and small cap category and it is most... Read More

Is it a good idea to reduce home loan EMI over MF SIPs

Is it good idea to spend money in repaying home loan rather than investing in SIP at this time since market is at very high levels? My monthly budget for SIPs is 45000 and my EMI is 27000. I am thinking that by paying 45K instead of 27K, my interest will reduce and I will have more money later to put in SIPs (at lower market levels) once my loan is finished. What do you suggest?

Jul 22, 2017 by Abhishek Asthana, Hyderabad | Mutual Fund

Yes, it is a very good idea to repay your home loan as soon as you can irrespective of where the markets are now, high or low. However, you need to check with your home loan provider if they will accept a higher... Read More

Have I selected good short term debt funds

I like to invest 10000 / month for 1 year. Like to get something extra than bank FD's. Decided to invest in birla sun life short term fund and hdfc short term opportunity fund. Which one is better and if you have any other recommendation?

Jul 22, 2017 by Sukanta Mukherjee, Kolkata | Mutual Fund

Birla Sun Life Short Term Fund and HDFC Short Term Opportunities Fund, both are good performing funds from the short term debt fund category and ideal fit for your one year investment horizon. As you have... Read More