Investment, Financial Planning, Mutual Fund & Income Tax Queries

What should I do with the funds lying in Mutual Funds not doing well

Currently I have been investing in HDFC Top 200, HDFC Equity and Axis Midcap though SIP of Rs1000, Rs 2000 & Rs 2000 respectively. I want to stop these three MFs and want to invest in different MFs with the same amount of SIP. My query is what should I do with existing fund value of these funds. Total fund value of these funds would be close to Rs 2 lacs approx. Which funds would you suggest to invest in?

Dec 10, 2016 by Sankalp Sharma, Bhopal | Mutual Fund

We do not know why you want to stop SIPs in the existing funds and start SIPs in new funds. We are sure, you must have decided about this move based on well thought out strategy. Since you have decided to... Read More

Can you suggest which is a good fund for doing SIP

I want to start SIP of Rs.10,000/- in either of the following mutual funds - Franklin India High Growth Companies Fund or SBI Magnum Multicap Fund, Can you suggest which is the good option among these two?

Dec 10, 2016 by Rohit, Mumbai | Mutual Fund

Both the funds are good and you may start SIP in any of these or alternatively invest... Read More

Can you give your suggestion on my fund selection

Please give me suggestions on my portfolio. I invest Rs. 1000 in Axis Long Term Equity Fund, Rs. 1000 in SBI Blue Chip Fund, Rs. 1000 in DSP BlackRock Micro Cap Fund and Rs. 1000 in Tata Balance Fund?

Dec 10, 2016 by Sarvesh, Pune | Mutual Fund

The funds you have selected are good and spread across ELSS, Large Cap, Mid and Small Cap... Read More

Is my fund selection good for long term wealth creation

It is quite encouraging to see the effort your team takes in comprehensively responding to questions. Do keep up the good work. I need your views on my portfolio below & kindly suggest if I should make changes given that some of these funds are not doing well. I have a long term wealth creation horizon. My age is 36. Investments: ICICI Prudential Value Discovery - Growth - 4000 / month, ICICI Prudential Exports & Other Services - Dividend - 2000 / month, BSL Top 100 Growth - 2000 / month, BSL India GenNext Growth - 4000 / month, BSL MNC Fund Growth - 2000 / month, SBI Pharma Growth - 2000 / month, SBI Blue Chip - 2000 / month. Also, since markets are always unpredictable, is it better to choose Div Payout which ensures I book profits regularly rather than the Growth option where an inactive investor may lose money in a fall? Thank you again for the help & congratulations on the good work you are doing.

Dec 10, 2016 by Gaurav, New Delhi | Mutual Fund

The fund selected by you are all good performing in their respective categories. But, four funds out of seven are from thematic or sectoral category which, we feel may not be ideal if you are investing for long... Read More

Can you suggest some good fund which is Shariah compliant

Can you suggest some good fund without Finance (Bank investments) in their portfolio. I wish to invest as per Shariah law?

Dec 10, 2016 by Aeyaz, Chennai | Mutual Fund

We have answered a similar query recently, which please go through... Read More

Is this the right time to invest in mutual funds

I want to invest one Lakh. Is this right time to invest in mutual fund or do I needed wait some more days. Please suggest as I am planning to hold for 5 years?

Dec 8, 2016 by Venkatesh, Chennai | Mutual Fund

It is very difficult to answer this question as it relates to forecasting or timing the market levels. Please note that even the best financial minds in the world could not predict this. To answer your query, simply... Read More

Can you kindly inform about top performing mutual funds

Kindly inform top performance mutual funds?

Dec 8, 2016 by Dr. Seema Munjal, | Mutual Fund

Investing in mutual funds should be based on your long term and short term financial goals and investment objective. Also, the fund selection should be based on your risk taking capacity. You have asked... Read More

Can you please suggest if my fund selection is good for long term SIPs

I have a monthly SIP of Rs. 8000 and the breakup is like this. Rs. 1,000 per month in HDFC Tax Saver, Rs. 1,500 in Kotak Tax Saver, Rs. 2,000 Motilal Oswal Most Dyanamic Equity Fund, Rs. 2,500 in L&T Business Cycle Fund and Rs. 1,500 in Franklin Templeton Smaller Companies Fund. Now I am planning to increase SIP to 15,000 per month by taking following mention SIPs. 1) DSP Micro Cap - Rs. 3000 pm, 2) UTI Logistic and Transportation - 2000 pm, 3) Sundram Select Midcap Growth - 2000 pm, 4) Mirae Asset Emerging Companies. Please suggest whether this selection ifs fine or you can suggest me. Thanks in advance for such a greater work Advisorkhoj is doing by awakening the investor and providing free of cost suggestion?

Dec 8, 2016 by Sumit Bisla, Faridabad | Mutual Fund

Please note that among your existing SIPs, excepting L&T Business Cycles Fund, rest are all good funds. L&T Business Cycles is a thematic fund and may not be good for long term investing through SIPs. It... Read More

Can you provide some investment options for my dad who is retired

I am looking for some investment options for my dad. He got retired and want to invest the money he got from his PF. The objective is to get guaranteed return and some capital appreciation. Would like to have your suggestion?

Dec 7, 2016 by Rejish R, | Retirement Planning

Please note that if you are looking for guaranteed returns then you have very few options like, Bank fixed deposits, Post Office MIS and Senior Citizen Schemes. However, since you are looking for guaranteed... Read More

Will switching to direct plans have exit load and tax implications

I had switched in from earlier plan to UTI Mid Cap and Franklin Prima Fund - Regular plans in July 2016. Can I switch online now to Direct Plan without any exit load or Income Tax liability?

Dec 7, 2016 by Mukesh Mangla, | Mutual Fund

Please note that switching funds from one plan to another will attract applicable exit loads (if any) as in this case the NAV of the fund changes. Please note that switching funds from one plan to the other is... Read More