Investment, Financial Planning, Mutual Fund & Income Tax Queries

Have I invested in good mutual fund schemes based on my risk profile

I am 31 and request your expertise for following. My horizon is for 10 years and I have invested in the following MF's through SIP. My risk assessment is moderate. Is the following portfolio Ok or I need to manipulate. 1) Mirrae Asset Emerging Blue Chip Fund (D) - Rs. 3500, 2) Motilal OsMstFcMul35 (G) – Rs. 2000, 3)SBI Blue Chip (G) – Rs. 5000, 4)DSPBR Micro-Cap (G) – Rs. 3000, 5)Franklin Smaller Companies Fund (G) – Rs. 3000, 6) Franklin India High Growth Companies Fund (G)– Rs. 5000, 7) DSPBR Tax Saver (G) – Rs. 3000, 8) HDFC Mid Cap Opportunities Fund – (G) – Rs. 2000, 9)ICICI Prudential Focused Bluechip Equity Fund – (G) – Rs. 4000, 10) Reliance Tax Saver Fund – (G) – Rs. 6000?

Jul 2, 2017 by Vinod, Mumbai | Mutual Fund

Even though you have invested in good mutual fund schemes for your monthly SIPs the same is not best fit for your risk profile which is moderate. With around 30% allocation to mid & small cap funds, 25% to... Read More

How much to invest in equity or debt as I am new to mutual funds

I am Rupesh Kumar Singh from Ranchi Jharkhand, Age 24, A service person working in Indian armed forces. I want to invest my lump sum amount around 5 lakh in mutual fund but I am new in this sector. Kindly suggest me regarding how much equity and debt I invest and on which I invest?

Jul 1, 2017 by Rupesh Singh, | Mutual Fund

Great to hear that you want to invest in mutual funds. Please note that before investing in mutual funds, you must first ascertain how much risk you can take and what is your investment horizon... Read More

How to create a corpus of Rs 60 Lakhs in 5 years

I have very recently started investing in mutual funds. My SIP amount is Rs 35000, equally distributed in 7 funds. BSL Frontline Equity (G), SBI Bluechip (G), HDFC Midcap Opportunity (G), L&T Value Fund (G), DSPBR Small & Midcap (G), Reilance Small Cap (G), Axis Long Term Equity (G). My questions are, whether my choice of fund is appropriate & how much corpus approximately I can generate in 5 years with these funds. Lastly any suggestions regarding investment in any other fund with an objective to generate around 60 lakhs 5 yrs down the loan with the total SIP amount?

Jul 1, 2017 by Soutik, Kolkata | Mutual Fund

You have selected good schemes to invest through monthly SIPs. Your current investments are spread in large cap, mid & small cap and ELSS Funds. 57% of your investments are in mid and small cap funds... Read More

Can you suggest debt and equity mutual funds as I want to do STP

I have to invest myself about 20 lac in best equity mutual funds through STP within a week. Please guide me in selecting Debt & Equity Funds for STP?

Jul 1, 2017 by Jyoti Kumari, Patna | Mutual Fund

Investing in mutual funds should be based on your risk taking ability and time horizon of your investment. You have not mentioned the both. However, as you have mentioned investing in equity via STP from debt... Read More

As my risk appetite is high which mutual funds can I invest in

I am 32 years old & I have recently started investing into mutual funds. I would like to invest for approx 10 - 15 years for long term wealth creation. Initially I will start with SIP of RS. 5000 per month and gradually increase it to Rs. 10000 per month. Please suggest me some good funds. Also I have the appetite to bear risk?

Jun 30, 2017 by Abhimanyu Singh, Jaipur | Mutual Fund

Great to hear that you want to invest in mutual funds for long term for your wealth creation needs. As you are ready to bear risk, you should invest in diversified equity funds. However, we suggest that you read... Read More

Can you suggest mutual funds with allocation to equity and debt

I want to invest Rs 20,000 pm in SIP for the tenure of 10+ year and Rs 5000 for the tenure of 5 years. Can you please suggest me funds with proper allocation in debt and equity?

Jun 30, 2017 by Shweta, Mumbai | Mutual Fund

As you are looking for allocation to debt and equities it is best to invest in balanced funds. Balanced Funds invest upto 65% in equities and rest in debt and keep rebalancing this ratio based on the appreciation... Read More

Should I invest in one go when the markets are high

I am having 3 lakh of matured fixed deposit which I wish to invest in STP 1 lakh each in 3 schemes. Will you be able to help me out which liquid fund to choose and which MF to invest from there? I am 43 and wish to accumulate wealth over a period of time. My Time duration of investment >7 years. Risk profile: Moderate 1. Please suggest good balanced fund or multi cap or diversified equity fund. Which one is good? 2. Since market is on higher side, what would you suggest, should I hold my investment for some time or invest in mutual fund through STP? 3. Or should I go for investment directly to some balanced/mid cap/large fund/diversified fund?

Jun 30, 2017 by Joydeep Das, Delhi | Mutual Fund

Yes, we can definitely help you in selecting funds for STP from liquid/ ultra-short term funds to balanced or equity funds. However, please note that STP works well when the markets are volatile. As the markets... Read More

Should I invest in FMCG fund

Please suggest me, is it advisable to investment in "SBI FMCG Fund - Direct Plan" plan in the current situation with GST Bill. And what's the possibility of good return from this fund in future? Please suggest?

Jun 30, 2017 by Nirav, Ahmedabad | Mutual Fund

A very important lesson we have learned over many years is that one should not try timing the market or market events while investing in mutual funds. One should keep things simple and invest based on one’s... Read More

Should I prune mu existing portfolio

I have SIPs in SBI Blue Chip, Mirae Asset Emerging Bluechip, HDFC Mid-Cap Opportunities, ICICI Prudential Value Discovery, Birla Sun Life Equity @3000 each and in Axis Long Term Equity Fund, HDFC Equity @ 2000 each and in Mirae Asset India Opportunities Fund, Quantum Long Term Equity @1000 each. Is my portfolio correct? If not, how can I prune it? Please suggest?

Jun 30, 2017 by Kalyan, Malda | Mutual Fund

Even though you have selected good funds, the total number of funds are quite high. You should consider reducing the total number of funds in your portfolio based on your risk profile and investment horizon... Read More

Is my mutual fund portfolio good to reach my goals

I am 27 years old doctor and interested in investing in mutual funds. I look forward to invest around 13500 monthly through SIPs. Although I have a salaried income at present, after 3 years I plan to quit my present job to pursue higher studies in foreign. I have already invested in PFs (crossed 150000). So I am planning for long term gains as well as some corpus for my studies after 3 years. So I have planned my profile as this: 1. SBI Blue Chip - 4000, 2. Birla Sun Life Equity Fund Direct - 3000, 3. Mirae Asset Emerging Bluechip (Midcap) - 2000, 4. DSPBR Microcap - 2000, 5. Franklin India low duration (Short Term Debt Fund) - 2500. Please advise if this portfolio is good enough to reach my goals?

Jun 30, 2017 by Ritam B, Mumbai | Mutual Fund

Glad to hear that you are investing in mutual funds to reach your goals and one of the goals is to pursue higher studies after 3 years. Please note that even though you have selected good funds for your SIP... Read More