Investment, Financial Planning, Mutual Fund & Income Tax Queries

Should I invest now as the market is scaling new highs

I wish to invest a lump sum in several equity funds with a long term horizon. But since the market is scaling new highs every other day, I am not sure whether it is the right time. The investible funds have been lying in my savings account for quite some time? I shall appreciate if you could enumerate the list of Equity funds in which I could presently invest, if advisable. I do not have regular income, and that is why I avoid SIPs?

May 31, 2017 by D Kamat, mumbai | Mutual Fund

Please note that if you are investing for the long term and clear about your goals or the reason for which you are investing then you should not look at market levels. Even though the market have scaled new... Read More

Is my fund mix good for my profile

I am 34, I do not have any debt; I am investing 5,000 INR per month in 6 schemes - ICICI Prudential Top 100 Fund, Birla Sun Life Equity Fund, Kotak Select Focus Fund, L&T Emerging Markets Fund, L&T Infrastructure Fund, DSPBR Small & Midcap Fund, all are regular growth options, is the fund mix okay for my profile. Time horizon is 5 to 10 years?

May 31, 2017 by Hemanth, Dubai | Mutual Fund

You have selected 6 funds to invest Rs 5,000. The total number of funds is bit high. You should have invested only in 2-3 funds and not more than that! Anyways, excepting L&T infrastructure Fund, rest of the... Read More

Which is the best mid and small cap fund

I am planning to invest some capital which I am planning to put in small and midcap funds and my plan is for 7 years. Please advise which fund to invest? How is Mirae Asset Fund and which is number one fund in small and mid cap category? Also how is L&T Emerging Businesses Fund?

May 29, 2017 by Ramchandran Ganpathy, | Mutual Fund

It is very difficult to say which is the number one fund in mid and small cap category or for that matter any of the mutual fund categories. You can have a look at the top performing mid and small cap funds from... Read More

Can I create a retirement corpus by investing in ELSS funds

Thanks for your valuable advises. I would like to know other than diversified fund whether by investing 11,500 monthly in ELSS funds for 30 years can build a retirement corpus of 4 crore. Which all ELSS Fund can be utilized for this purpose?

May 23, 2017 by Adheena Ram A, Kerala | Mutual Fund

You are most welcome. Yes, ELSS funds are also diversified equity funds. You can build a corpus of Rs 4 Crores by investing monthly Rs 11,500 in ELSS funds over 30 years. Some of the good ELSS funds are... Read More

Can I get corpus of 4 Crores if invest Rs 10000 per month

Can I get a retirement corpus of Rs 4 Crores after 30 years by investing Rs 10,000 monthly in ELSS. Please suggest the best funds and how many funds I should start?

May 22, 2017 by Adheena, Kerala | Mutual Fund

Good to note that you are planning for your retirement at the right age! By investing Rs 10,000 per month and assuming the returns to be @12% per annum, you can create a corpus of Rs 3.50 Crores which... Read More

Can you select SIP funds as I do not want to take risk

I would would like to invest 25 K TO 30 K ever month. my age is 41 Years I don’t want to take risk. So, please suggest me a good fund. Just now I have started SIP. The mentioned funds - HDFC Top 200 Fund(G), DSP BlackRock Balanced Fund (G), Kotak Select Focus Fund (G). I have started INR 1,000 in each of the SIPs, is it good Funds? Can you suggest me apart from the other. I can wait up to 3 years?

May 22, 2017 by Nagendra, | Mutual Fund

You have sent us two queries and these are quite confusing. The reason being, in one query you have mentioned that you do not want to take risk and in the other you have mentioned funds which are suitable to... Read More

Should I invest in lump sum or SIP

I have 30 Lacs with me. I want to Invest in MF for around 10 years. Kindly suggest some good funds. Should I go for Lump sum Investment or SIP?

May 22, 2017 by Dhiraj, Noida | Mutual Fund

As your investment horizon is 10 years you can go with investing in lump sum. However, which funds to invest in is a result of how much risk you can take and what is the investment goal etc. You have not... Read More

Can you answer some doubts about balanced funds

Thanks for your earlier mails and advise. I have a couple of more questions. How would the balanced funds perform in falling/down markets? Also is it advisable to take a dividend payout option or SWP? Or should I remove the capital appreciation after a year of investment? Are the balanced funds advisable for senior citizens? Kindly advise me on this?

May 22, 2017 by Abha Pandit, | Mutual Fund

Thanks for writing to us. Following is the answer to your queries - In the falling / down market, all the funds which has equity in it will fall / react or go down. This will reflect in correction of the NAV. Having said that... Read More

Can you answer my questions regarding mutual fund investments

You are very experienced and knowledgeable in MF investment So I will be asking few questions. A) Are the portfolio value and the dividend accounts are separate? B) Can I transfer from dividend to portfolio account? and invest both accumulated amount in to the HDFC Prudence fund so that I can buy more units? C) What is your prediction regarding the future of this fund is it to risky? D) I feel like I should have invested in FDA account My investment is 1 cr in this fund 2 months ago? E) So far I have allocated 329,837 units at 30.14 rupees F) So far the dividend in 2 months is 247000 Ed and the portfolio shows 10458000 rupees. So the return on investment after the principle is about 7 lacs if I am not wrong so Ian planning to buy or invest in SBI Magnum Funds about 10 lacs. Please guide me I am 70 year old us and Indian citizen trying to make my livings on dividend income?

May 22, 2017 by Sonal, | Mutual Fund

Thanks for the kind words. Here are your answers - The portfolio value that you see are post dividends received by you. However, if you do not need the dividends you can switch to growth option and book profit... Read More

What would be the future fund value if I draw through SWP

If I invest 15 lakhs in HDFC Prudence & L&T Prudence Funds (7-5 lakhs each), & opt for SWP of 7500 monthly, then after 10 years, what would be my fund value approximately?

May 22, 2017 by Parampal Singh Dang, Mohali | Mutual Fund

Thanks for writing to us. Please note that drawing through SWP at the rate of 12% (1% per month) from your investments in balanced fund is a bit high! During the initial years, it is better to draw not more... Read More