Investment, Financial Planning, Mutual Fund & Income Tax Queries

How to structure a SWP plan in a mutual fund

I need to understand key words/terms in your SWP calculator to plan/structure SWP for about 30 years. I am 73. I want to structure SWP plan to withdraw a total of 11,000,00.00 over about 30 years in monthly instalments from my current Birla Mutual Fund '95 Growth Regular corpus; yet retain at the minimum current value of the corpus to inherit to succeeding generations and causes. How much can I withdraw per month; and whether, once structured, can such SWP be modified in the light of changed future circumstances?

Apr 7, 2017 by Dhiren Sharma, Anaheim, US | Mutual Fund

You can withdraw a fixed amount not exceeding @8% per annum as SWP from your existing investment in Birla Sun Life Balanced 95 Fund Growth option. For example, if your current investment value is... Read More

Which fund to invest in SIP for 30 years

I am 32 years old? I want to invest Rs 5000/month in mutual fund through SIP for 30+years. I gradually increase my monthly amount. I would not touch this for 30 years. I can take moderate risk. Which type of funds are good for me. Could you suggest me the best funds to start with. Suppose my fund is under performing later, can I change my SIP? What about my money already invested in that case? I am totally new and I do not have any idea. Please guide me?

Apr 7, 2017 by Anand Rajendra, | Mutual Fund

As you want to invest for a very long term period of 30 years, you can invest in diversified equity funds. You can check the list of top performing diversified equity funds from here... Read More

From which website can I buy direct plans of mutual funds

If I buy funds directly from cams is it direct or regular? Also I would like to know from which site I can buy direct plans?

Apr 7, 2017 by Arvind Giri, Pune | Mutual Fund

If you are buying funds from CAMS, you can buy both the plans - Regular as well as growth. To buy direct plan of mutual funds, you can visit the respective AMC websites and buy the direct plan of mutual funds... Read More

Should I add sector funds in my existing mutual fund investments

I have already running monthly SIPs of approx 25,000 in ICICI Value Discovery, SBI Bluechip, BSL Equity & Mirae Asset Emerging Bluechip. Would it be wise to add a few sector funds for some lumpsum investment? If so which funds?

Apr 7, 2017 by Arijit Roy, Kolkata | Mutual Fund

You have done SIPs in top performing funds from diversified, large cap and mid & small cap funds which you should continue for the long run. With regards to lump sum investments in few sector funds... Read More

Which fund should I invest for 3 years

I've seen your website is very informative with the data and calculator provided. I'm planning to invest lump sum amount in MF approx 15Lac. I'm in search good fund which pays higher returns for 3 year. Kindly let me know your suggestions?

Apr 6, 2017 by Yogesh Joshi, | Mutual Fund

Thanks for the kind words about our website. We are glad that you find the data and calculators on our website useful. If you want to invest for only 3 years then you should go for long term debt funds or hybrid... Read More

What are the charges levied on mutual fund SIPs

I want to invest in SIP, what are the entire list of charges levied by the company on the investor? Please let me know?

Apr 6, 2017 by Naveen Kotapati, Hyderabad | Mutual Fund

There are no separate charges levied on SIPs. There are no entry loads either on SIPs. Mutual Funds apply only a expense ratio on account of fund management charges and the NAVs are decaled after adjusting... Read More

May I know more about Market Capture Ratios of Mutual Funds

Is it possible to get some details on the Market Capture Ratios and how this concept can help me choose the right fund as I am a long term investor in mutual funds?

Apr 6, 2017 by Devinder Singh, | Mutual Fund

To know more market capture ratios, we suggest you to read this article... Read More

Which fund to invest in for 3 years

I want to invest 13,000 per month for time horizon 3 years with a moderate risk. Ok recommend 2 good funds?

Apr 6, 2017 by Monoranjan, Assam | Mutual Fund

If you want to invest for 3 years only, then debt funds are the best choice as investing in equity funds with less than 5 years horizon could be risky. You may consider investing in ICICI Prudential Dynamic Bond... Read More

How much I need to invest in order to withdraw a fixed amount in future

Is there a calculator to tell me how much I need to invest in order to be able to withdraw a fixed amount every month for the next 15 years assuming a fixed return and also assuming that the principle is also being withdrawn proportionately?

Apr 6, 2017 by Oni, Delhi | Mutual Fund

In your query, you have not mentioned the fixed amount that you want to withdraw every month for the next 15 years. unless you know this amount, how can anyone figure out how much to invest now... Read More

How to set a financial goal at age 25

How to set a financial goals at the age of 25?

Apr 6, 2017 by Ravi Shah, Vadodara | Financial Planning

It is heartening to note that you are thinking of setting financial goals when you are so young. Please note that when you are young you have lesser liabilities but as you age, start working, have dependent... Read More