Investment, Financial Planning, Mutual Fund & Income Tax Queries

Which fund is good if I want to invest for 10 years

I want to invest in Equity Mutual funds with a horizon of 10 years. Which fund should I choose as SIP. (ICICI Value Discovery, Birla Sun Life Equity, Fraknlin India Prima Plus and ICICI or HDFC Balanced Fund - SIP of 2500 each is what currently I am thinking). I too want the lumpsum investment (5L). Debt Funds has LTCG and hence I want to avoid it. Any MF where returns after 1/3 year are tax free and are less risky?

Apr 6, 2017 by Abhishek, Delhi | Mutual Fund

The schemes you have shortlisted are amongst top performing in their respective categories and therefore you may go ahead with your SIP investments of Rs 2500 in each scheme. Though there is long term... Read More

Can I start SWP from my existing mutual fund schemes

I have invested in a few MF Schemes (Growth) which have completed 3 years. I have retired now and am looking to initiate SWP in these schemes. Can I do this without losing the indexation benefit?

Apr 6, 2017 by Subramaniam, Nerul | Mutual Fund

You have not mentioned In your query which mutual fund scheme you have invested in which completed 3 years? Is it equity fund or debt funds? If it is a debt fund and you are redeeming it fully or partly (via SWP)... Read More

Have I selected the right funds for long term and short term horizons

I am planning to start SIP in Two Portfolios: 1) Long Term for 15 Years Rs. 2000 pm in each Total Rs. 8000. Funds: SBI Magnum Multicap Fund (G), Franklin India Smaller Companies Fund (G), Reliance Small Cap Fund (G), Sundaram Select Midcap Fund (G), 2) Short Term for 5 Years Rs 6000 pm in each Total Rs. 30000. Funds: ICICI Prudential Long Term Plan (G), ICICI Prudential Balanced Fund (G), DSP BlackRock Focus 25 Fund (G), SBI Blue Chip Fund (G), Birla Sun Life Equity Fund (G). Please advice fund selections and segregation is fine?

Apr 5, 2017 by Amit, Mumbai | Mutual Fund

Your fund selection looks fine as you have selected diversified and mid & small cap funds for your long term investment needs of 15 years! Please note that selection of these funds suggests that your risk... Read More

How much return can I expect from my SIPs after 5 years

I am invested in DSP BlackRock Micro Cap, Reliance Banking, ICICI Prudential Value Discovery Fund, BSL Top 100, SBI Blue Chip, SBI Mid Cap, Reliance Small Cap through SIP. Should I continue? If I remain invested for 5 years 7000/month, how much can I expect after 5 years?

Apr 5, 2017 by Sankar Chakraborty, | Mutual Fund

You have invested in good funds from mid & small cap, diversified, large cap and Banking sector funds. These funds are ideally suited for investors with high risk profile with minimum investment horizon of... Read More

Which are the monthly dividend paying balanced funds

I've invested 10 lacs in HDFC Prudence Fund direct dividend and getting regular dividend monthly. Is there any other mutual fund more beneficial, paying monthly dividend?

Apr 5, 2017 by P K Rajmohanan, | Mutual Fund

You have invested in one of the top and consistent performing balanced fund scheme in order to get monthly dividends. The following balanced funds also pay monthly dividends... Read More

How to redeem L&T Infrastructure Bonds 2012

Redemption of L&T Infra Bonds Sir, I have Purchased 20 L&T Infra Bonds 2012. Details listed below Registered folio number: 23240301 Certificate No. 584056 Series 2 No. of Debentures : 20 Issuance date: 24.03.2012 Maturity date: 23.03.2017. I want to redeem it on due date only. I have made several calls to all its centres situated at Mumbai, Delhi, Chennai, etc., either they are not picking up the phone or giving other phone numbers which are not responding or unanswered. I sent an email to them also but no response from them. Please let me know the procedure of its buy back and the formalities for its redemption. Please let me know as early as possible?

Apr 5, 2017 by Prem Vazirani, Delhi | all

We received a similar query in January this year from one of our readers and replied the same in details. You will find this useful. Please go through the same... Read More

In which mutual fund scheme should I invest for 5 years

This is Sunil from Chennai, please suggest me the right option to choose as I want to invest a lumpsum amount of Rs. 1,00,000 in mutual funds for a period of 5 years, which funds are the best to receive good returns after 5 years for achieving my goal. Kindly suggest me sir, your favourable response is highly awaiting sir?

Apr 5, 2017 by J V Sunil Kumar, Chennai | Mutual Fund

Mutual Fund investments should be made according to your risk profile and investment horizon. Though you have mentioned the investment horizon, you have not mentioned your risk profile therefore, the... Read More

How to compare dividend paying balanced funds

I was trying to compare dividend paying Balanced Funds from 3-4 AMC's. I find your site tool shows comparison for Growth options only. Please clarify?

Apr 4, 2017 by Uday Kamath, Mumbai | Mutual Fund

If you look at the performance of various funds in a category, we are showing the comparison for growth option only. However, to check and compare the dividend paying balanced funds, please use the... Read More

Need your help in my mutual fund portfolio

Please find my current portfolio and guide me for following mentioned points - ICICI Focused Blue Chip - Equity (SIP) - 1000, Reliance Small Cap Fund (SIP) - 2500, Reliance Money Manager Fund (SIP) - 10000, ICICI Top 100 - Regular Growth (SIP) - 2500, HDFC Mid Cap Opportunity Fund - Growth (SIP) - 2500, MFGP UTI MNC Fund - Growth (SIP) - 5000. 1. Need advice to invest INR 15,000 more in SIP? 2. Please advice about tax deduction while withdrawing the money from above mentioned funds? 3. I want to invest 15 lack in MF and need some monthly amount benefit to pay my Home loan EMI? 4. I want to deposit the INR 15 lakh from my NRE account (yes bank). Tell me the income tax issues?

Apr 4, 2017 by Pushpendra Mahara, | Mutual Fund

You have chosen funds from large cap, mid & small cap, thematic and liquid funds. The fund selection is okay excepting UTI MNC fund which is a thematic fund and may require a very long term horizon of... Read More

Have I selected good mutual funds

I am investing Rs 1,000 each in 1) UTI Equity, 2) BSL Frontline Equity, 3) SBI Blue-chip 4) ICICI Value Discovery, 5) Reliance Small Cap Fund & Rs 2,000 in HDFC Mid Cap Opp Fund. Is my fund selection good? Also I want to invest Rs 5000 in SIP for only 3 years. Which is the best fund for that? OK suggest me?

Apr 4, 2017 by Monoranjan Borah, Assam | Mutual Fund

You have selected good funds from large cap, diversified and mid & small cap category and can continue with your investments. However, please note that you must have an investment horizon of 5 years for... Read More