Investment, Financial Planning, Mutual Fund & Income Tax Queries

Can you suggest suitable funds for short term and long term investments

Have an amount of approx 3 to 4 lakhs for investment. I am 50 years old, with no savings and 3 dependants (Annual income approx 5 Lakhs). Please advise mutual funds - 3 (for 1 Lakh each), 1. Can be withdrawn any time and 2. For long term and SIPs (3 in number for Rs. 8,000 each) 2 for 1 year and 1 for 3 years?

Dec 14, 2016 by Harmeet Singh, New Delhi | Mutual Fund

It is not a good situation that at age 50 you do not have any savings. You also have three dependants and, therefore, you should must have adequate life insurance coverage along with other saving and... Read More

How can I create a corpus of 2 Crores from my existing SIPs

Thanks Pradip for sharing the feedback. BSL debt fund I am investing is "BSL dynamic bond fund - Retail growth". About my portfolio mix, I am OK to take the risk as these investments are longer term (more than 5 years). Actually this portfolio is to generate the corpus for my retirement which is in 8 to 10 years. I am planning to retire early (around 50 years). I know the current monthly SIP is not enough to meet retirement plan as I am looking for 2 Crore corpus. I will increase my SIP amount in coming months. Please suggest whether am I am on right track or not? Again I appreciate a lot for your efforts to educate the investor. It's amazing to see depth of knowledge you are sharing. Keep up the fantastic work.

Dec 14, 2016 by Venkat, Bangalore | Mutual Fund

If you investing for the long term for your retirement goal, then avoid investing in BSL Dynamic Bond Fund and HDFC High Interest Fund. Please note that, unlike equities, the long term capital gain tax on debt... Read More

Which SIPs can get me handsome return if my investment horizon is 15 years

I need a SIP Product which will fetch me handsome Returns, my horizon is 15 Years, I need a product which is not linked to Insurance or some thing. Please advise me?

Dec 14, 2016 by Yogesh Shirole, | Mutual Fund

To suggest some funds for your long term investments, it would have been better had you provided us your risk profile and age with the query. Anyways, assuming that your risk profile is moderately high to high... Read More

Will the return on debt funds after 3 years be different for NRIs

Being invested in any debt fund for more than 3 years by an NRI and Resident Indian return on maturity will be same? If not how much will differ?

Dec 14, 2016 by Prabir Debnath, Kolkata | Mutual Fund

The return on debt funds after 3 years in case of NRIs as well as Resident Individuals will be same. In fact, why debt funds, in case of any category of funds, returns are same. However, please note that in case... Read More

Whether Axis Midcap fund is good to invest

I want to know whether Axis mid cap fund is good to invest. I am presently investing Rs. 2,000 per month since last 4 years?

Dec 13, 2016 by Venkatraman B, Bangalore | Mutual Fund

For the time being you can avoid AXIS Mid Cap Fund as we found that the fund performance is significantly lagging compared to its peer group. The fund is unable to even beat the benchmark and category returns... Read More

Can you share your feedback on my mutual fund portfolio

I am truly appreciate the knowledge your spreading on investments. I am 40 years old. I start investing in mutual funds since 4 months for long term ( more than 5 years). Here is my portfolio. Please share your feedback on my portfolio. SBI Blue Chip Fund(G) - 6000, ICICI Value Discovery Fund(G) - 5500, Kodak Select Focus Fund(G) - 5500, UTI Equity Fund(G) - 5500, BSL Front Line Equity Fund - 2500, Mirae Asset Emerging Blue Chip Regular(G) Fund - 5000, Franklin India Smaller Companies Fund(G) - 2500, BSL Front Line Debt Fund(G) - 2500, HDFC High Interest Dynamic(G) - 2500?

Dec 13, 2016 by Venkat, Bangalore | Mutual Fund

As per your fund selection, your portfolio is 75% in large cap oriented funds and 25% in small / midcap funds. The large cap / diversified equity funds in your portfolio will also have some exposure to midcaps; so... Read More

Are large cap funds suitable as I want to start investing in mutual funds

I am a student from Lucknow. I want to start investing in mutual funds. I read that large cap funds are best for beginners like me. Is there a minimum amount with large cap funds? I can start with Rs. 1000 per month. If I invest for 10 years as of now then which fund would you suggest between SBI, Birla and Kotak which one would be better? if there are better options then please guide me?

Dec 13, 2016 by Sujoy, Lucknow | Mutual Fund

Yes Sujoy, you heard it right! The large cap funds are suitable for beginners like you who are just going to start investing in mutual funds. Normally, one can start investing through SIP route by investing a... Read More

Can you provide filter on AUM on your research section

It would really help if there are any filters of the AUM of funds. Some of the funds which has large AUMs have not been performing of late. So this filter would really help for the advisors?

Dec 13, 2016 by Nagesh, Bangalore | Mutual Fund

Please note that we have many tools on our research section and in most of them we have provided sorting of funds on the basis of AUM. However, you have not mentioned in which section particularly do you... Read More

Which diversified equity fund of Birla Sun Life Mutual Fund gave highest rolling return

Which Birla Sun Life Diversified Equity Mutual Fund is having the highest rolling returns during last 5 years?

Dec 13, 2016 by Jagdish N Patel, Ahmedabad | Mutual Fund

To answer your query, we chose three diversified equity funds from Birla Sun Life Mutual Fund - Birla Sun Life Equity Fund, Birla Sun Life Advantage Fund and Birla Sun Life Special Situations Fund... Read More

Which SIP funds should I invest for long term and short term

I am new to this SIP and mutual fund market. I read you post and found interesting. I would like to know - for investing in SIP, which is the best for returns and other things. Could you also suggest which is the best plan for long term or short term investment and growth?

Dec 13, 2016 by Hema Chavan, Pune | Mutual Fund

Please note that investment in mutual funds should be based on your risk taking appetite and investment horizon. The higher risk you take, the higher is the probability of return. Having said the above, if you want... Read More