Investment, Financial Planning, Mutual Fund & Income Tax Queries

Should I invest in debt funds as I am a NRI

I am an Indian working in UAE. There is no tax on FDs for NRI in India. I am regularly investing money into equity funds through SIPs. If I invest money in liquid funds and debt funds I need to pay tax. Keeping some portion of money into debt fund is advisable or I should go with FDs?

Mar 13, 2017 by Manish sharma, Abudhabi | Mutual Fund

If you are investing in liquid funds for meeting your emergency needs then it is fine. However, if you plan to invest in debt funds from the perspective of asset allocation or just to earn better than FD... Read More

In which fund should I start my additional SIPs

I have SIP of Rs. 5000 in the following funds each:- DSP BlackRock Micro Cap Fund, Franklin India Smaller Companies Fund, Franklin India Prima Fund, ICICI Pru Value Discovery Fund, Kotak Select Focus Fund, Mirae Asset Emerging Bluechip Fund, Birla Sun Life Frontline Fund. All the above in Growth funds. I am 28 years & planning to invest more Rs. 15,000 in mutual funds. Which funds would you suggest? I want to invest for 10 to 15 years. And I am willing to take risk for better returns?

Mar 13, 2017 by Rohit Jain, Mumbai | Mutual Fund

Your current SIPs are in very good funds and the overall portfolio is quite aggressive. As you are willing to take risk in order to get better returns in the long term, you should continue... Read More

Can you review my current MF Portfolio

Dear Advicerkhoj team, Just I started to read your articles on Mutual fund & it was very much helpful. Please clarify my MF portfolio of Rs. 15500 with 7 funds. My aim is to invest for 10 -15 years with moderate risk. All the below funds were started from Apr 2015 1. BIRLA SUNLIFE TOP 100 FUND - DIRECT-GROWTH -Rs 2500 2. ICICI PRU VALUE DISCOVERY FUND - DIRECT-GROWTH-Rs 2000 3. ICICI EXPORT AND OTHER SERVICE FUND - DIRECT-GROWTH-Rs 2000 4. HDFC MIDCAP OPPURTUNITIES FUND - DIRECT-GROWTH-Rs 2000 5. FRANKLIN INDIA SMALLER COMPANIES FUND - DIRECT-GROWTH-Rs 2000 6. AXIS LONG TERM EQUITY FUND - RS 2500 7. TATA BALANCED FUND - RS 2000 By considering the above fund's performance I liked to stop Axis long term equity & ICICI Export And others service fund & I want to increase the monthly SIP amount from Rs15500 to Rs. 20000. Please suggest me whether I have to keep the above funds with out any changes or I have to add any new funds?

Mar 13, 2017 by Sundar, Tamilnadu | Mutual Fund

Thanks for your kind words. Glad that you read our articles and found them useful. You review about your current fund selection in which you are doing SIPs is absolutely fine. In place of AXIS Long Term Equity... Read More

Can you get me the details of Goldman Sachs Shariah Fund details

Would be thankful if you would kindly send the details for Goldman Sach Shariah Fund and their head office details?

Mar 13, 2017 by Salim Akhtar, | Mutual Fund

Reliance Mutual Fund acquired the India business of Goldman Sachs Mutual Fund. Following which all the schemes, including Goldman Sachs Shariah Fund, has now been transferred to... Read More

Which are the best diversified equity funds

Which are two best diversified mutual fund for 10 years horizon.Different experts and different sites have their different rating and views.A common man like me gets confused after reading these reviews. Crisil ranking, value research star rating keeps on changing.so for a common man who doesn't understand much about the fund,fund manager, alfa, beta it is a bit difficult task.If a common man ask that he wants to save money ,and his goal is long term,which two or three diversified fund he should start SIP to be reviewed annually?

Mar 5, 2017 by Ashish Agrawal, Jaipur | Mutual Fund

Yes, you are right! the more you read and hear the opinion of media, financial advisors, experts, online portals and TV channels, the more you get confused. Mutual funds are passive investments and best... Read More

What are the tax efficient investments

I am a government servant of age 51. I want to invest for next 9 years. I am in 30% slab. I need tax efficient investment advice with @ 10% CAGR?

Mar 5, 2017 by S S Prabhune, Nashik | Mutual Fund

To get 10% CAGR with tax benefit/ tax efficient returns, you have hardly any choice other than mutual funds. Within mutual funds, there are various type of funds - like, debt funds, balanced funds and equity... Read More

Is my fund selection good for achieving goals

BSL Frontline Equity Fund(G) - 01/04/2017 Rs.1,400.00, Franklin India Smaller Cos Fund(G) - 05/04/2017 Rs.18000.00, Tata Balanced Fund(G) - 09/03/2017 RS.1400.00, ICICI Pru Value Discovery Fund(G) - 12/03/2017 Rs.1,000.00, Mirae Asset Emerging Bluechip-Reg(G) - 15/03/2017 2100.00, Franklin India Smaller Cos Fund(G) - 19/03/2017 Rs.1,700.00, BSL Frontline Equity Fund(G) - 16/04/2017 Rs.1,400.00, ICICI Pru Value Discovery Fund(G) - 24/03/2017 Rs.1100.00, Mirae Asset Emerging Bluechip-Reg(G) - 28/03/2017 Rs.2100.00 in addition to that I am investing 50k in Axis Long Term Fund & Franklin Tax Shield - 50 per year. Please let me know how is my portfolio. Need any changes? I have 15 years view will going to 10% top up for it. Please let me know any suggestions for it. I need house of 1 Crore and for my kid 25 lacs study and 50 lacs for his marriage and 2 Corers for my retirement?

Mar 5, 2017 by Vamsi, Hyderbad | Mutual Fund

The mutual fund schemes in which you have invested are good performing. We are sure you must have considered your risk profile before investing in these. However, we are unable to answer your... Read More

How to get annual statement of SBI Magnum Tax Gain Scheme investment

My name is M.Kalees Waran. I wish to know about SBI Mutual Fund from you. I took SBI Magnum Tax Gain Scheme last year. My folio number is 15628604. This scheme is applicable for income tax concession. I need my annual statement. So I request you reply me where I can get the annual statement. Further I have been maintaining my savings bank account at Aravakurichi, SBI bank. My account no is 20135310465. I asked my statement from the bank. But they did not respond me. Please do reply?

Feb 20, 2017 by Kalees Waran, | Mutual Fund

There are two ways that you can get your account statement of SBI Magunm TaxGain Scheme... Read More

Can you please provide comprehensive mutual fund SWP data

Wanted a comprehensive data to enable me to start investing and start earning tax free monthly returns /income through SWP in Mutual Funds?

Feb 20, 2017 by Vitthal, | Mutual Fund

We have comprehensive mutual fund data using which we have built our mutual fund research... Read More

Can you please let me know some good dividend paying funds

I've seen your website very lately and impressed with the data and tools provided. I immediately signed up to use it to the fullest. Double thumbs-up keep up the good work. I'm looking for this kind of site for quite long time. I'm planning to invest lumpsum amount in monthly dividend paying Equity fund. I'm in search good fund which pays dividend consistently, better than bank or post office FD, close to 12 to 15%. Kindly let me know your suggestion on my preference?

Feb 20, 2017 by Chandra Mohan S, | Mutual Fund

Thanks for the kind words. Happy to note that you liked our website and found the data and tools useful. Please note that there are hardly any equity funds which pays monthly dividend regularly, as desired by... Read More