Investment, Financial Planning, Mutual Fund & Income Tax Queries

Should I invest in lump sum or SIP as I am new to mutual funds

I am totally a newcomer to this field. Should I invest in monthly or lump sum plan, Please inform?

Apr 10, 2017 by Shashi Kumar Shama, Ajmer | Mutual Fund

Glad to note that you want to invest in mutual funds. Investing in lump sum or through SIPs depend upon availability of funds and the investment objective and it has nothing to do with new or old comers... Read More

Which are the best balanced fund and best dividend paying fund

Please inform me the present best balanced fund and best monthly dividend paying mutual fund?

Apr 10, 2017 by Sumit Kumar Saha, Agartala | Mutual Fund

The following balanced funds are amongst the top performing and also pay monthly and/ or... Read More

Should I rebalance my mutual fund portfolio

I am investing almost 2 years in MF. All my below funds doing well. I want to re-balance my port folio as suggested by all advisor not keeping more than 5-6 fund in the portfolio and one fund in Large, Multi & Balanced Fund category so that port folio should not be over diversified. Please suggest which fund I will keep for those categories. My investment horizon is more than 15 years. Thanks in advance for your suggestion. ELSS - Axis Long Term Equity - G 5000, Large - Birla SL Top 100 - G 5000, SBI Bluechip - G 5000, Small & Mid - DSPBR Micro Cap Direct - G 5000, Franklin India Smaller Companies Direct - G 5000, Mirae Asset Emerging Bluechip Reg - G 5000, Multi - ICICI Pru Value Discovery Direct - G 8000, Kotak Select Focus Direct - G 7000, Balanced - ICICI Prudential Balanced Direct - G 2500, L&T India Prudence - G 5000?

Apr 10, 2017 by Dhiraj, Kolkata | Mutual Fund

You have invested in top performing funds from their respective category and the portfolio is suitable for investors with high risk profile. You have selected funds from large cap, ELSS, diversified, balanced and mid... Read More

Which is the safest mode of investment in mutual funds

I have 5 lakh capital. Which is safest mode of investment in mutual funds. Can I invest in debt fund and do SWP in diversified fund. Or park money in liquid fund and invest intrest amount in mutual funds. Please guide?

Apr 10, 2017 by Anand, Indore | Mutual Fund

There is nothing called safe investments in mutual funds as by nature Mutual Funds are risky as they invest in market linked investments. However different category of funds carry different level of market risk... Read More

Are the funds selected by me good for long term investment

I am 31 now and starting SIP from next month only. I have a budget of Rs. 20,000 for SIP. I googled a bit and have decided to invest Rs. 5,000 each in the following funds - 1. SBI Bluechip, 2. ICICI Prudential Value Discovery Fund, 3. HDFC Balanced Fund, 4.UTI Midcap Fund. Please give me your suggestion about the fund selection. My goal is long term (about 10 years) and am a moderate risk taker?

Apr 10, 2017 by Joyeeta, Kolkata | Mutual Fund

You have selected good funds for doing SIP for your long term investment needs. However this basket of funds are ideal for investors with moderately high to high risk taking appetite. If you risk profile is... Read More

Any idea about Sahara Infrastructure variable pricing fund

I had Sahara Infrastructure - Variable Pricing - Growth funds. I didn't followed up on Sahara issues. Now I trying to see the status on those funds. But couldn't see it on online. Any idea on this funds?

Apr 10, 2017 by Jothiram, Hyderabad | Mutual Fund

As you have rightly mentioned Sahara group is not in a very good shape and so is their mutual fund. Sahara Infrastructure Fund - Variable pricing option - growth is an open ended sectoral fund with focus... Read More

Being a beginner how to invest for tax saving

I want to invest Rs. 1 lakh for 2 years. I am a beginner. I am a moderate risk taker. I want to invest for good returns and tax saving purpose. My age is 25 years?

Apr 10, 2017 by Urvish Sharma, Jaipur | Mutual Fund

Great to note that you want to invest in mutual funds from such an early age. Being a moderate risk taker and wishing to save taxes on your investments, Equity linked savings schemes (ELSS) can be the... Read More

How to earn monthly return from lump sum investment

My close relative's son-in-law passed away recently at very young age. His family got a settlement of around 50L and he was surviving with his wife and 2 kids (Girl 9 years and Boy 3 years). So, he approached me for investment avenues and his primary concern is to get monthly income from his investments. Following were my suggestions 10L in DSP balanced(Monthly Dividend) 10L in ICICI Balanced (Monthly Dividend) 4L in BNP Balanced - NFO - Dividend Monthly Rs. 5000 SIP - DSP Micro Cap Fund Sukanya Samridhi - Rs. 50000 Yearly Kindly suggest above recommendation can be made better by inclusion or replacing any of the funds?

Apr 9, 2017 by Mohan, Kochi | Financial Planning

Your investment suggestion to your close relative's family is partly correct. Why partly correct because we feel that you should not advise them to invest in a mutual fund NFO when the need is to meet... Read More

How to reach my child education and retirement goals

Please advise if any modification required for my Mutual SIP portfolio. Investment horizon 10 years+ and purpose is to create a fund for my kid's education (Another 13 Years time - Need 2 Crores ) and retirement ( another 20 years - Need 3 Crores) Below is my choice of funds which I am currently doing SIP; Please advise if any adjustment needed in my investment strategy. I have no existing liabilities and have long investment horizon 1. DSPBR Micro Cap - 10000 p.m, 2. Mirae Emerging Blue chip - 10000 p.m, 3. Franklin India Higher Growth Indian Companies - 5000 p.m, 4. Canara Robeco Emerging Bluechip - 5000 p.m. (Wondering if I should discontinue this and invest in SBI Multicap fund instead) 5. SBI Blue chip - 5000 p.m., 7. ICICI Balanced Fund - 5000 p.m., 8. UTI Transport and Logistics - 5000 p.m., Kindly suggest me, If any correction is required?

Apr 9, 2017 by Vikram, Mumbai | Financial Planning

We are glad to see that you have very clearly defined your two long term goals - Children education and your retirement, along with the targeted amount needed for each of these goals. You have also... Read More

How to plan my finances even though I have enough for my living

I am 52 year old lady. I have just retired from Governmnet service. I shall be drawing pension of approx Rs 60,000 per month. I also am a professional and plan to continue to work and am likely to generate average monthly income presently of Rs 25,000 per month, which may increase slowly. My husband is also in Government service still for next 10 years. My earnings are not presently necessary for household expenses. I have a retirement corpus of approx 1 Crore. I have no exposure to mutual funds. I am contributing to PPP, Senior citizen saving scheme, SSY in maximum amounts. I have Government health insurance cover. kindly advice?

Apr 9, 2017 by Sujata, Mumbai | Financial Planning

Your financial situation looks very good as you have a decent pension earning, a retirement corpus and above all a post retirement occupation giving you a moderate income. Your husband is still working therefore... Read More