Investment, Financial Planning, Mutual Fund & Income Tax Queries

Are my ELSS Funds top performing

I have some ELSS FUNDS like Reliance Tax Saver, Axis Long Term Equity Fund, HDFC Tax Saver, HDFC Long Term Equity, SBI Magnum. Tax Saver etc. I like to know if i should continue these funds or change is required? Please advise me?

Feb 19, 2017 by Sankar Chakraborty, | Mutual Fund

You have invested in quite a few ELSS Funds. Please note that you will have to continue with these funds for minimum 3 years as ELSS Funds are locked-in for 3 years. However, all the 5 funds in your... Read More

Can you suggest 4 funds for long term SIPs

I am 29 year old professional, can you suggest 4 SIP fund inclusive of Elss. Investment period 20 years?

Jan 16, 2017 by Arun, Kerala | Mutual Fund

Since your investment horizon is 20 years, you may invest in diversified equity funds, mid & small cap funds and ELSS Funds (as you may require them to save taxes). Assuming that you are quite young and... Read More

Should I continue with my current investment

I am investing in UTI mutual fund - Growth from last 1 year. But the fund is showing negative growth. Should I continue with this fund or change it. I want to invest for long term about 10 years?

Jan 16, 2017 by Dalip, Chandigarh | Mutual Fund

UTI Mutual Fund has a wide array of funds to choose for your investments. Since you have not mentioned the scheme name, it is very difficult to answer your query... Read More

Can I withdraw 20 thousand monthly thru SWP by investing 30 lakhs

I will be able to invest Rs. 30,00,000 at a time. I will require Rs 20,000 per month from January 2019. Will it be possible by way of SWP?

Jan 15, 2017 by Joshi Jayant Jayaram, Pune | Mutual Fund

Yes, this is a good idea to invest 30 Lakhs in lump sum and withdraw Rs 20,000 per month through SWP route. However, the rate of return will depend on the category of funds chosen by you. Therefore, before... Read More

Want to know funds for SIP for 10 years

I want to invest over the period of ten years in SIP. Kindly mention some good mutual funds having excellent track record?

Jan 15, 2017 by Anup Kumar Upadhyaya, Kolkata | Mutual Fund

Before investing in mutual funds, it is best to assess your risk profile first. This is important as scheme selection should be based on the risk that you can take. Generally, investor invest in various types of equity... Read More

Can I get a comparison between PPF and Equity Fund returns

Please send me a comparative return statement of PPF with equity fund for last 3/5 years. An early reply is solicited?

Jan 12, 2017 by Kailash Chandra Mohanty, Bhubaneswar | Equity Investing

Please go through the following research tool – PPF Versus ELSS – which can help you get the... Read More

How to exit from close ended funds

How to exit from close ended mutual fund series?

Jan 9, 2017 by Nilesh, Mumbai | Mutual Fund

In an open-ended fund, you can exit (redeem) your units any time. But in a closed ended fund, you cannot exit / redeem the units before the maturity period of the scheme by selling units back to the fund house... Read More

How to invest 10 lakhs across equity and fixed income

How to invest Rs. 10 lakhs corpus across equity & fixed income assets in 2017?

Jan 9, 2017 by Mahadevan Kartikeyan, | Mutual Fund

To answer this query correctly, we would have liked to know your age, risk profile, investment horizon and the purpose or goal of this investment. Since these are not provided by you, we can provide you with... Read More

How to redeem LNT Infrastructure Bonds

I would like to inform you that I am a regular reader of your messages sent to me through mail and I feel these are very informative and educative and also very helpful in deciding funds selection. Sir, one more thing I want to know my friend has invested some amount in LNT Infra Bond for tax saving in 2011 and now he desires to encash the bond. I have tried to contact on phone line but phones are not working (may be out of service). Emails sent are bounced back. Kindly advise if you have any information regarding their contact number/address/mail id etc. to enable me to contact LNT Infra?

Jan 9, 2017 by Kailash Chandra Mohanty, | Taxation

Thanks for writing to us and the kind words about Advisorkhoj. Glad to note that you are one of our regular readers and found our blog informative and useful. With regards to your above query, please note the... Read More

Can you please suggest investment options for wealth creation

I am looking for investment options (I am open for anything like SIP, Mutual funds, direct equity or anything). I am saving 50k monthly that keep in my bank account after managing all my expenses. Please suggest me the investment options that can create wealth for me. No matter short term or long term. I am already having 10k SIP running for below funds. 1. Principal Emerging Bluechip Fund(G) - 05/12/2016 - 05/11/2036 - M649083 - 2000 - 76, 2. Birla Sun Life Frontline Equity Fund(G) - 10/12/2016 - 10/11/2036 - M649085 - 2000 - 168, 3. SBI Magnum MidCap Fund(G) - 15/12/2016 - 15/11/2036 - M649085 - 2000 - 65, 4. Reliance Small Cap Fund(G) - 20/12/2016 - 20/11/2036 - M649085 - 2000 - 28, 5. DSP BlackRock Small and Mid Cap Regular(G) - 25/12/2016 - 25/11/2036 - M649085 - 2000 - 40?

Jan 9, 2017 by Vaseem Ansari, | Mutual Fund

Mutual funds are the best investment option to create wealth for the long term. Investing through SIP or lump sum mode should be based on availability of the investible surplus at your end. In your case, if you have... Read More