Investment, Financial Planning, Mutual Fund & Income Tax Queries

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

Is liquid mutual funds eligible for indexation if held for more than 3 years

Do liquid fund also quality for indexation benefit of holding period is more than 3 years?

Jun 30, 2017 by Shubham, Delhi | Mutual Fund

Yes, liquid funds being debt funds are eligible for indexation benefit if the investments are held for... Read More

Should I invest in ELSS Funds of Motilal Oswal and Mirae Asset Mutual Fund

I want to invest lumpsum in ELSS for FY 17-18. I have selected Mirae Tax Saver Direct (G) and Motilal Oswal MOST Long Term Fund direct (G). How are these?

Jun 30, 2017 by Inder, Nagpur | Mutual Fund

Though both the funds are comparatively new in the ELSS category, they have performed very well in the last one year. While Motilal Oswal MOST long term fund gave 37% return, Mirae Asset Tax Saver gave... Read More

How can my father earn more than fixed income from mutual funds

I seek valuable advice from an expert. My father is nearing his retirement - he is already 59 year old. He has a corpus of 90 lacs at the moment which is standing in his PPF account. He wishes to invest this money such that he can earn a valuable interest annually, may be in MF or anything else as SIP or lump-sum - such that he can earn a greater return and interest than what usual SBI PPF accounts provide. Any valuable input or direction in this regard will be highly appreciated. I will grateful to you if you can provide a valuable advice?

Jun 30, 2017 by A Chattopadhyay, Kolkata | Mutual Fund

Thanks for writing to us and we can understand the need of your father who is nearing retirement. Please note that he can earn more returns from mutual funds compared to traditional saving schemes. However... Read More

Is it right if I invest in debt and equity funds separately

I am a retired individual (67 years, but hope to live long!!), and investing about 150 lacs (about 50% 0f my total cash reserves) in mutual funds. Currently I am thinking of putting about 20% in debt funds and balanced funds, and 80% in good equity funds. I am thinking of spreading the investment over several funds of large and midcaps, 12 to 15 for equity. And 4 to 5 for debt. Too many?

Jun 30, 2017 by Mohan, Hyderabad | Mutual Fund

Your idea of keeping your investments diversified across different category of funds, like debt, equity and balanced may be good. But, the same may not get you the most tax efficient returns. As you may know... Read More

Have I selected the right mix of funds for long term investments

I am 34 Year old & looking for long term MF investment. Kindly let me know how is the MF mix following & is it too much of funds: SBI Magnum Multicap Fund - Rs 2000, SBI Midcap Fund - Rs 1000, SBI Blue Chip - Rs 2000, HDFC Long Term Advantage - Rs 3000, HDFC Balanced - Rs 1000, HDFC Monthly Income Plan-Long Term Plan - Rs 1000, DSP BlackRock Small and Mid Cap Fund - Rs 500, DSP BlackRock Opportunities Fund - Rs 500?

Jun 30, 2017 by Umesh, Kerala | Mutual Fund

As you are young and looking for long term investments, you should stick to equity or balanced funds only. MIPs may not be the right category of funds for you. Yes, even though your fund selection is okay... Read More

Should I invest in equity funds now as the market is high

I want to invest 20k lump sum for long time. Is it good time for investment? Because market is on all time high. And please suggest some good fund with very aggressive return for long term?

Jun 30, 2017 by Faim, New delhi | Mutual Fund

If you want to invest for the long term why you are worried about market levels. Yes, markets are at all time high but that does not mean that it will not take further highs in future. Moreover, no one can predict the... Read More

Can I invest Rs 40 Lakhs and get 50000 per month as dividend

I have got Rs 40 Lakhs and I want Rs 50000 per month. Is it ok if I put this amount in 2 balanced funds monthly dividend plan?

Jun 30, 2017 by Prem Singal, New Delhi | Mutual Fund

It is nearly impossible to get this kind of return (by way of dividend) from balanced funds. There are few good balanced fund schemes which has fairly good track record of paying monthly dividends. But if you... Read More

Which fund should I invest in for 2 years

I would like to invest 200000 in mutual fund, 100000 one time investment and 100000 for SIP. So please suggest me best MF for 2 years?

Jun 30, 2017 by Navakanthh, Warangal | Mutual Fund

As your investment horizon is 2 years only, you can invest in short term debt funds both in lump sum and SIP mode. You can select the consistently top performing short term debt funds from here... Read More

Can I stop SIPs in between without paying any charges

I want to invest Rs 5000 every month in mutual fund for 3 years or so in SIP. I am 29 years old and I am thinking to diversify my funds in Large Cap = 3000 and Mid Cap 1000 and in Small Cap 1000 funds. Though I have some doubts which I need to be clear before I go into the market. 1) Can we extend the investment to another year or so let’s say in my case it s for 3 years so can I further extend for 4 – 5 years? 2) Can I change the fund mid way? Let’s say for the first 7 months I bought ICICI Pru Balanced Fund - Direct (G) thus from the 8th month I want to change this fund to SBI Blue Chip Fund. So in this case am I suppose to do that and if so what will be the terms and conditions? 3) What will be the best mutual funds for me to invest Rs 5000 per month for say a period of 3 years or further up to 5 five years? 4) I have Rs 50,000 to which I thought of putting in FD but now thinking to put in lump sum mutual fund. What will be the returns expected and in which funds to invest and is Diversification for lump sum advisable in case if I invest lump sum in mutual funds?

Jun 30, 2017 by Tenzin Migmar, Dharamsala | Mutual Fund

Yes, you can invest in a mix of large cap and midcap funds provided you have a minimum 5 year investment horizon. From large cap category, you may consider investing in SBI Bluechip Fund or Birla Sun... Read More