Investment, Financial Planning, Mutual Fund & Income Tax Queries

Have I invested in good funds through SIP and Lump sum

First of all thank you so much for your most helpful advisorkhoj website. I daily follow your website. I am 26 year old. I have Invested Lump sum amount 1,00,000 in DSP BlackRock Microcap Fund, 85000 in Franklin Smaller Companies Growth, 50000 in Axis Long Term Equity Fund, 50000 in Birla Sunlife MNC Fund. I Have Invested in SIPs Are 5000 Franklin India Prima Fund, 1000 SBI Magnum Global Fund, 1000 HDFC Tax Saver Fund, 1000 Reliance Growth Fund, 1000 DSP BlackRock Microcap Fund, 500 DSP BlackRock Small and Mid Cap Fund, 500 DSP BlackRock Focus 25 Fund. So please Can you tell me my fund selection are good or not? I am able to take high risk, and I want 2 new more SIP. So can you suggest me the fund in which I can invest? I am eagerly waiting for your reply?

May 22, 2017 by Dhruvil Patel, | Mutual Fund

Thanks for the kind words and glad to note that you found our website helpful and follow it daily. The funds you have selected for your lump sum investments are good. However, please note that Birla Sun Life... Read More

Is SWP from midcap mutual funds right

Thank you for your suggestion, Presently, I am interested to invest Rs 10L in MF with SWP Option. I had searched and found some MF -( 9 Nos - listed below and link attached for ref.) Which are suitable for SWP of Rs 20000/pm for my house partial expenditure perpose. Please once again suggest me 6 Nos most suitable MF-SWP for investment from the list OR any other MF-SWP from your end. Birla Sun Life Small & Midcap Fund - Plan, DSP BlackRock Micro Cap Fund - Plan, Franklin India Smaller Companies Fund - Plan, Kotak Emerging Equity Scheme - Plan, L&T Midcap Fund - Plan, Mirae Asset Emerging Bluechip Fund - Plan, Reliance Small Cap Fund - Plan, SBI Small & Midcap Fund - Plan, Sundaram S.M.I.L.E. Fund - Plan. Please find attached my MF-SWP selection Chart and web link Chart - https://goo.gl/gU88im?

May 22, 2017 by G. Ravi, Hyderabad | Mutual Fund

Your idea of drawing a regular income through SWP is good but the funds selected by you may not be ideal for this purpose. Please note that investing in mid & small cap funds has the highest risk and drawing... Read More

I need two more personal advice

Thanks for the all the time spared for giving such apt advice and guidance. In this regard, I have final three queries which I feel you will guide me: 1. Should I sell off one of the house and keep the amount in investment like debt fund or depend upon the rental income. Which is better? 2. What will inflation adjusted amount requirement of Rs. 69000 after 15 years from today?

May 22, 2017 by Srinath Kamath, | Mutual Fund

With regards to your two queries, we have the following to answer - The decision of selling the house will depend on many things. For example - at what price you acquired the house, what is the current market... Read More

In which mutual fund my father can invest to get regular returns

My Father is a senior citizen. Plan is to invest lump-sum of 7,50,000 INR for 5 years in 3 separate funds which has good monthly/quarterly income payout. Can you please suggest some good options for the same?

May 22, 2017 by Rwitabrata Chakraborty, Kolkata | Mutual Fund

You have written about the investment need of your father but not mentioned his ability to take risk. Though mutual fund provides solution for the needs your father has, there is some amount of risk involved in it... Read More

I want to learn more about mutual funds

I am new to Mutual Fund can you suggest me way of learning mutual funds and I would like to invest Rs 40,000 lump sum can you suggest me some funds?

May 22, 2017 by Siva, Chennai | Mutual Fund

Glad to note that you want to learn about mutual funds. We have a dedicated section on mutual funds which might help you in your quest to learn mutual funds. do check this... Read More

Can you suggest mutual fund investments for 4 to 5 years

I have some idle funds can you advise me for some lump sum investments in the Mutual Funds, I have a horizon of 4-5 years & my ability is Moderate Risk?

May 22, 2017 by Yogesh S, Aurangabad | Mutual Fund

You can invest in balanced funds as your investment horizon is 4-5 years. Balanced funds invest upto 65% in equities and rest in debt instruments and therefore less risky than pure equity funds. Balance fund... Read More

Where to invest my RD maturity fro 1 to 2 years

Where should I invest RD matured amount (approx 2 lakhs) for 1 to 2 years? Can you suggest good options at low risk?

May 22, 2017 by Prathamesh Choughule, Dombivli | Mutual Fund

You can invest in short term bond funds as your investment horizon is 1 to 2 years. Short term funds are open ended funds and you can invest and redeem any time you wish without incurring any exit loads... Read More

Should I invest the balance fund SWP amounts in ELSS SIPs

My query is I am doing SIP in BSL Equity 5K & Reliance Small Cap 2K, since last 3 months for wealth creation for long term as I have some amount which will left with me after all my monthly expenses taken care. Along with sip done ELSS - investment too lump sum for tax saving. But the thing is after calculating all the SIP amount and money required for ELSS - investment upto March 2018. I found that I may be in short of money for continuation of SIP. So after reading SWP on your website thought of investing lump sum of 10 lacs in well balanced fund like Birla or ICICI and start SWP after 1 year to get rid LTCG for my withdrawals and will withdraw 8% annually as per your advise which will suffice me in continuing my sip and met with some other expenses. Lump sum amount which is in bank FDs maturing next month and interest rates are 7% so not willing to continue in FDs. Purposely avoiding investing in debt funds as I don't want to get into taxation mess like STCG with indexing or without indexing and all. I am moderate risk taker and want to build wealth for long time. Chosen equity balance funds for SWP as I read in your article that for long time horizon balanced funds are better than debt funds as saw in article for SWP for ICICI balanced and Birla Balanced 95 fund published on your website. Lastly appreciate the work and knowledge your site providing to understand mutual fund insights with simple understanding language. Kindly suggest the right thing?

May 21, 2017 by Ravi B, Kolhapur | Mutual Fund

At the outset, we thank you for the kind words about Advisorkhoj. Glad to note that you found our website useful as it is spreading knowledge about mutual funds and the language used by us is simple and... Read More

Am I investing in good SIP funds

I have been investing in following funds from two years through SIP 1. Franklin India Taxshiled Fund - 5000, 2. Axis Long Term Equity Fund - 2500, 3. Reliance Tax Saver Fund - 2500, 4.ICICI Prudential Dynamic Fund - 2000, 5. Birla MNC Fund - 1000. My time horizon is more than 10 years. Kindly suggest me about selection of funds?

May 21, 2017 by Deepak Kumar, Mumbai | Mutual Fund

You are investing in 3 very good performing ELSS funds and ICICI Prudential Dynamic is also a very good multi-cap Fund. Birla Sun Life MNC fund is a thematic fund and of late the MNC theme has not... Read More