Investment, Financial Planning, Mutual Fund & Income Tax Queries

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

Which mutual fund schemes to invest in large and diversified fund category

I want to start a SIP of 1000 in large cap fund and one in diversified equity fund. I want to investment for nearly 20 years or more. Can you suggest me some good fund names in this category?

Jun 30, 2017 by Susnata Das, Midnapur | Mutual Fund

Glad to hear that you want to invest Rs 10,000 per month through SIPs for next 20 years! You can assume a return of 12% from equity mutual funds and thus your final corpus could be around Rs 1 Crore... Read More

Where can I find the performance of SBI IT Fund

Was going through SIP returns SBI it fund is missing in it fund index fund are put in large cap fund FMCG is showing only one fund many funds are missing in category category need to revisit?

Jun 30, 2017 by Rajesh, Mumbai | Mutual Fund

Thanks for your suggestion to revisit our categorization of funds. We will definitely look into it and correct if any anomaly is found. With regards to your query, please note that SBI IT Fund is a Technology sector... Read More

Can I generate corpus for retirement from my mutual fund SIPs

This is second time I an writing to you for suggestions. I has been following this site and App. Thank you very much for educating for people like me on financial aspects. I have started SIP 9 months back with 60000. My aim is to generate some corpus for my retirement. I am 42 years old and continue my SIP 8 more years. My risk profile is modarate to aggressive. Please review my portfolio and share your comments. Here is the my portfolio, all are growth and direct funds - 1. SBI Bluechip - 7500, 2. Mirae Asset Opportunities - 7500, 3. ICICI Pru Value Discovery - 7500, 4. BSL Equity Fund - 7500, 5. DSP BlackRock Micro Cap - 5000, 6. Mirae Asset Emerging Bluechip - 5000, 7. HDFC Balanced Fund - 10000, 8. L&T Prudence Value Fund - 10000?

Jun 30, 2017 by Venkat, Bangalore | Financial Planning

Thanks for appreciating our work. Your portfolio mix indicates 90% equity and 10% debt asset allocation. This is a fairly aggressive asset allocation but it should work for you because you mentioned that you have... Read More

How to reduce my total number of mutual fund schemes

I have a portfolio of 14 funds, but I think this is too many funds. I want to reduce it but I can't understand how to do it. So please help me to reduce the number of funds in my following portfolio. I am investing for 15 years time horizon, I am 44 now. My funds are 1) BSL Frontline Equity Fund Direct 5000, 2) ICICI Pru Focused Blue Chip Fund Direct 5000, 3) SBI Blue Chip Fund Direct 5000, 4) DSPBR Micro Cap Fund Regular 5000, 5) HDFC Mid Cap Opportunities Fund Direct 5000, 6) Sundaram Select Midcap Fund Direct 2000, 7) Franklin India Smaller Companies Fund Direct 5000, 8) Reliance Equity Opportunities Fund Direct 5000, 9) SBI Magnum Multicap Fund Regular 5000, 10) HDFC Growth Fund Regular 5000, 11) Reliance Small Cap Fund Regular 5000, 12) BSL Banking Financial Services Fund Direct 5000, 13) ICICI Pru Value Discovery Fund Regular 5000, 14) BSL Pure Value Fund Direct 5000. Thanks with regards, Awaiting for your quick reply by next post?

Jun 30, 2017 by Bishwanath Singh, Bamebari | Mutual Fund

Your overall fund selection is good even though the total number of funds are high. We will still try to suggest you how to reduce the total number of funds and some suggestions on your fund selection as well... Read More

Please advise funds paying monthly dividends

Looking investing 500000.00 Rs in mutual fund, advice monthly dividend option?

Jun 30, 2017 by Imran Sheikh, | Mutual Fund

You have not mentioned for how long you want to hold onto this investment and also what is your risk profile. Having said the above, we can suggest that since you are looking for monthly dividend option... Read More

Can you please evaluate my portfolio which I have created on my own research

I am Sourav Roy from Asansol WB. Sir I am 28 years old unmarried and I am not a service man. I am a private tutor. I invested in mutual fund in last three years. I invested in sum funds in last 1-3 years and want to invest at least 10-15 years. I selected funds on my own research. I request you please evaluate my portfolio as well as my funds selection and I have potential to take risk. Please give me suggestion - 1. SBI Magnum Global-Regular-Growth, 2. SBI Magnum Multiplier-Regular-Growth, 3. UTI Equity-Direct-Growth, 4. Reliance Small Cap-Direct-Growth, 5. Franklin India Smaller Companies Fund-Direct-Growth, 6. Franklin India Ultra Short Bond Fund Super Institutional Plan, 7. HDFC Balanced Fund-Direct-Growth, 8. DHFL Pramerica Low Duration fund, 9. Kotak Select Focus-Direct-Growth, 10. Mirae Asset India Opportunities Fund-Direct-Growth, 11. Mirae Asset Emerging Bluechip Fund-Direct-Growth. Each fund SIP Rs - 1000/month. I am worried about the performance of SBI Magnum Global Fund?

Jun 30, 2017 by Sourav Roy, | Mutual Fund

At the outset, I must congratulate you in doing a good work as far as selecting schemes based on your own research is concerned. However, the total number of funds are bit high. We have few suggestions... Read More

How can my brother Invest in mutual fund schemes under SWP

My brother is a retired person and desirous of investing say, 10 lakhs in 4/5 high yielding track records mutual funds-SWP schemes. He needs atleast 8000 rupees pm. Kindly advice. The investment would be for a long term period?

Jun 30, 2017 by Kalidas Ganguly, | Mutual Fund

Thanks for writing to us and we can understand the need of your brother who is retired. Please go through the following in order to know more about SWP from mutual funds – As your brother’s immediate... Read More

Where is the difference between SBI Bluechip Fund & DSPBR Small Mid Cap Fund

I want to invest Rs. 5,000 per month. Which one will be good for me? SBI Blue-chip Fund & DSP BlackRock Mutual Fund (Equity - Small & Mid Cap Fund)?

Jun 30, 2017 by Manish Kumar Ram, | Mutual Fund

Glad to know that you want to invest in Mutual Fund SIPs. However, the two funds you have chosen cannot be compared as they belong to different fund categories. SBI Bluechip Fund is a large cap fund... Read More