Investment, Financial Planning, Mutual Fund & Income Tax Queries

How can I hold my mutual fund investments in demat account

I have Demat & trading account with a reputed stock broker. Apart to this I have several MF's operating in SIP mode in offline for a longer horizon of 15 to 20 years. Here my query is how can I keep my SIP investments in DeMat till the period lasts? Please advise me. Great full for your suggestions and tools you provided for self assessments of different categories of funds?

Jun 6, 2017 by Satyanarayana S, Visakhapatnam | Mutual Fund

You can keep your mutual fund investments in Demat account and there is absolutely no problem in that! Contact your broker and obtain dematerialization form from him and fill up the MF details. Here you need... Read More

How my father can receive 40 thousand a month by investing 40 Lakhs

My name is Satish and my father have retired he has Rs 40,00,000 that he wants to invest to get Rs 40,000 per month as income. So please suggest which fund I choose but he have no exposure risks?

Jun 6, 2017 by Satish, Delhi | Mutual Fund

If your father want to draw Rs 40,000 monthly by investing Rs 40 lakhs in lump sum then it is a very high amount of monthly withdrawal. For this kind of requirements, we suggest to invest in balanced funds... Read More

Am I investing in good mutual fund schemes

I am currently investing in ICICI Prudential Dynamic, ICICI Prudential Value Discovery, HDFC Midcap Opportunities, Mirae Asset Emerging Bluechip via SIP of Rs. 2,000 each. Is this a sufficient portfolio for long term 10-15 years. I may increase the total amount gradually. Also thinking of adding one from Birla sunlife Frontline Equity, Franklin India Prima Plus, Kotak Select Focus, SBI Bluechip. Please advice?

Jun 6, 2017 by Himanshu Deshmukh, Jabalpur | Mutual Fund

You have selected good schemes for your SIP investments and you must continue it for the long term. Whether this is sufficient or not, we cannot comment, as we do not know your investment horizon and the... Read More

Can I withdraw 45000 per month by investing 40 lakhs lump sum

I am a retired person and I have Rs 40 lakhs as retirement fund. Please inform how I can get Rs 45000 per month?

Jun 6, 2017 by Prem Singal, New Delhi | Mutual Fund

If you want to draw Rs 45,000 monthly by investing Rs 40 lakhs in lump sum then it is a very high amount of monthly withdrawal. For this kind of requirements, we suggest to invest in balanced funds and... Read More

Can the folio number be same for investing in direct as well as regular plans

I am investing in Mutual funds through one of the broker who is my relative. Hence I always have to opt for Regular plans. I want to invest in direct plans as now I know how to select funds etc. However I am wondering whether my broker will be able to get information that I am investing in direct plans. I need to maintain relations with by broker as well. I have below queries in this regard: 1) Can I hold both direct and regular funds in same folio? 2) Can I use folio which was created through broker to invest in direct funds as well? 3) If I use same folio, whether my broker be able to know I have invested in direct plan?

Jun 6, 2017 by Jimmi, Bangalore | Mutual Fund

Yes, you can invest in regular plan as well as in the direct plan using one common folio number. There is absolutely no problem. Simply speaking, if you have a folio in which you have invested in the... Read More

Could you suggest some mutual fund scheme names for SIPs

I have been investing through SIP's into MF since 2011. Right now, I am investing 7.5K pm into each of below MF from Oct 2015. Canara Robeco Emerging Equities (Growth), Dsp BlackRock Focus 25 Fund - (Growth), Kotak Opportunities Regular Plan - (Growth), Most Focused Midcap 30 - Regular Plan - Growth Option. Should I continue? Any recommendation to switch into some other funds? I also want to additionally invest 25,000 per month into new MF's through SIP's. Any recommendations?

Jun 6, 2017 by Punit Ojha, Mumbai | Mutual Fund

The funds you are currently investing in through monthly SIPs are good and you should continue for the long term. Your current fund selection shows that you are a moderately high risk taker as you have invested... Read More

Why the one year returns are higher in mutual funds

Please accept my gratitude for the excellent work you are doing. This has been a very very informative website. I have a doubt regarding redemption of funds. I have invested in direct growth equity funds only ( large cap, multi cap, mid cap, small cap and equity oriented balanced funds). The returns of the funds, what I have noticed, is maximum mostly in 1 year horizon. Now suppose, if a fund gives 35% return after completion of 1 year of investment, what if I redeem that fund and invest again? My doubt is, how in this case, long term investment is beneficial for growth funds if returns are say, 35%,25%,22%,20% respectively in 1, 3,5,7 years. Shouldn't I redeem after 1 year for getting maximum returns? Please advise?

Jun 6, 2017 by Amit Pal, Kolkata | Mutual Fund

Thanks for the kind words about our website which we truly appreciate. Your assumption about 1 year return being mostly the highest is wrong! Let us see how? You found the one year returns higher as the... Read More

Suggest me good funds for my SIPs for 5 years

Please suggest me best mutual fund plan for me as a beginner. Want to invest Rs 25,000 monthly as SIP for 5 years with moderate risk?

Jun 6, 2017 by Kumaresan, Chennai | Mutual Fund

As you are a beginner, we suggest that you go with balanced funds for investing through monthly SIPs for 5 years. Some of the good balanced funds are ICICI Prudential Balanced Fund, HDFC Balanced Fund... Read More

Have I selected good schemes for my SIP

Thanks for such a great portal. It's really very helpful for financial literacy. I have some query. My priority is for long term and "highest and moderate" risk mutual fund. I am doing SIP for the following MF - 1) DSP BlackRock Tax Saver Fund Direct Plan - Growth: INR 1000, 2) DSP BlackRock Micro Cap Fund Direct Plan - Growth: INR 2000, 3) Kotak Select Focus Fund - Direct Plan - Growth: INR 1000. And I want to invest 5 Lac lump sum (SWP) and want at least 7-10K per month income. Please advice - 1) My MF selection for SIP is good? 2) For SWP, which MF I should select to get 7-10,000 per month income?

Jun 6, 2017 by Yogesh Saroya, Jaipur | Mutual Fund

Thanks for the kind words. Glad to hear that you found our portal helpful for financial literacy. Coming back to your query, We found that you have invested in very good funds from ELSS, midcap and diversified... Read More

Should I invest in lump sum or STP

I have 30 Lakhs of savings. I want to invest these money for 5 years. I can increase the time horizon if I still don't need them after 5 years. kindly suggest me should I invest through SIP of 40k-50k per month or go with lump sum investment? I can take risk. If we go with STP route how much difference will be there between STP and lump sum in one go? After reading advantages of SIP every where I am bit confused what should I do? Also about STP there are no any chart of STP mutual funds. It is easy to find funds for SIP but STP is tough as that is hard to choose 2 funds in/out?

Jun 6, 2017 by Dipa Ahuja, Gujarat | Mutual Fund

It is very difficult to say which would be the exact method - lump sum, SIP or STP - to invest your 30 Lakhs for next 5 years or more. However, instead of investing in one way, you can try two as mentioned... Read More