Investment, Financial Planning, Mutual Fund & Income Tax Queries

Can you send the details of SBI Mutual Fund Equity Schemes

Can you please send me the SBI Equity Oriented Plan scheme details?

Dec 7, 2016 by Arvind Sharma, | Mutual Fund

Please check the following URLs to know the scheme names of SBI Mutual Fund across various equity fund categories. Clicking on the scheme name will take you to the scheme summary page where you... Read More

What would be my corpus after 10 years @ 15 per cent CAGR

With 15% CAGR may I expect my capital to grow by 60 times in a period of 10 years? Kindly answer my query?

Dec 7, 2016 by Sanjay Banerjee, | Mutual Fund

I am afraid, your capital would not grow by 60 times in 10 years if the CAGR is 15% annual and even if it is compounded annually! It will grow to 4 times at the above given rate and time period. Please... Read More

Where should I invest my money with minimum risk

Get good MIPS and double the money on maturity in 15-20 years where should I invest my money (15lac around) with minimum risk?

Dec 7, 2016 by Ravi, Kalyan | Home Loan

It is difficult to quantify 'minimum risk'. The least risk is in fixed deposits. If you consider mutual funds, then the least risk is in liquid funds. But if you have low-medium risk then you can consider debt funds or... Read More

Should I continue my SIP in Birla Sun Life MNC Fund

I am doing SIP of Rs. 2000 from last one year in Birla Sun Life MNC Fund - Regular Growth. The performance of this fund in current time is not good. Should we continue in this Scheme?

Dec 7, 2016 by Niranjan Lal Gupta, Allahabad | Mutual Fund

Please note that Birla Sun Life MNC Fund has a long track record of wealth creation for the investors. We reviewed this fund sometime back which you may find useful... Read More

Can you please tell me appropriate asset allocation in mutual funds

I have investment of Rs 40 Lakhs in following equity mutual funds (Growth option): Large Cap Funds: BSL Top 100-2 Lakhs, SBI Bluechip - 2 Lakhs, Kotak Select Focus - 2 Lakhs, ICICI Prudential Top 100 - 2 Lakhs. Diversified: FI High Growth Co - 2 Lakhs, ICICI Pru Export & Other Services - 2 Lakhs, L&T India Value Fund - 2 Lakhs, UTI MNC - 2 Lakhs, ICICI Pru Value Discovery - 2 Lakhs, Principal Emerging Bluechip - 2 Lakhs. Balanced Funds: L&T India Prudence - 3 Lakhs, Tata Balanced - 3 Lakhs, ICICI Pru Balanced - 3 Lakhs, BSL Balanced 95 - 3 Lakhs. Small & Midcap Funds: Mirae Emerging Bluechip - 2 Lakhs, Canara Robeco Emerging - 2 Lakhs, DSPBR Micro Cap - 2 Lakhs, FT Smaller Companies Fund - 2 Lakhs. In addition, I have investment of 15 Lakhs in following Debt Mutual Funds (Growth option): BSL Medium Term - 2 Lakhs, BSL Short Term - 2 Lakhs, FI Low Duration - 2 Lakhs, L&T Income Opportunities - 2 Lakhs, DHFL Pramerica Credit Opportunities - 1 Lakh, UTI Income Opportunities - 2 Lakhs, HDFC Short Term - 2 Lakh, Tata Dynamic Bond - 2 Lakh. I will be retiring in December 2017. From Jan 2018, I would like to use 50% of the annual growth in these funds for my expenses every year. My intention is never to touch the original investment for consumption. In the years in which there is negative return, I will not draw from these funds. Please suggest how I should consolidate my portfolio. Also, suggest appropriate asset allocation for the MF. I have reasonable risk appetite as I have my pension and safe investments in Tax Free Bonds and PPF to fall back on?

Dec 7, 2016 by Buchul Kumar, Gurgaon | Mutual Fund

Please note that your fund selection is good but you have invested in too many funds. You have invested in too many fund categories as well. Since you are retiring in 2017, our suggestion would be to... Read More

What is the difference between debt funds and ultra short term funds

Is there any deference between debt fund and ultra short term debt fund. If they have any difference, then please suggest which one is good?

Dec 7, 2016 by Basudev, Barbil | Mutual Fund

Please note that Ultra Short Term Debt Funds are also debt funds. Having said that, there are many kind of debt funds and each kind has different characteristics. For example - liquid funds are also debt fund but... Read More

How can I get to know about top dividend paying equity oriented funds

Please give me a list of the top performing equity oriented mutual funds (5 year track record ) with a monthly dividend payout - most consistent?

Dec 7, 2016 by G. Bhattacharya, Mumbai | Mutual Fund

Please check the following links to know the historical dividends of any fund, top dividend paying mutual funds and Consistent dividend paying mutual funds. In fact, these will help you know anything and everything... Read More

How can I create a corpus for education of my son after 10 years

I have Rs. 2000 SIP in HDFC Top 200 direct Growth. I have an active folio but SIP terminated investment in Reliance Regular Savings Fund Direct Growth Option. Should I start it once again. My basic target is to let around 10-12 thousand flow in investments in a balanced way. Other investment details are as follows: 1. LIC Jeevan Saral 1000 monthly, 2. LIC Jeevan Anand 1200 monthly, 3. PPF 25000 annually, 4. Buy gold ETFs (GoldmanSachs) via Demat account 1-2 units annually. Most importantly, I am 37 years old, with family. I will be needing some corpus for my 3 yr old son after 10 years for his education. Of late I have been hearing about balancing the investments. Please help in this regard?

Dec 7, 2016 by Hitesh, Mumbai | Financial Planning

What you have read about balancing the investment etc. is right. The idea behind this is to invest according to your risk taking appetite. Therefore, you should first assess how much risk you can take and then... Read More

Which Fund category should I start my SIP

I am planning to start new SIP, and will invest Rs. 4,000 per month. How should I allocate the money? Should I invest 2000 each Large Cap + Mid Cap or invest only Large cap. I have checked websites and blogs for choosing right SIP. So please suggest which SIP I have to start for long term of 10 to 15 years. Waiting for your valuable reply?

Dec 7, 2016 by Joseph Jomon, Cochin | Mutual Fund

Investment in mutual funds should be based on the risk that you can take. For example - if you can take moderately high to high risk then the fund categories that you have mentioned - large cap and mid... Read More

Which funds should I invest for my Rs. 5000 SIP for 15 years

I would like to invest Rs. 5,000/- per month in SIP (Mutual funds) for ten to fifteen years. Please suggest me how to divide this amount and the best funds for investment. (I mean how much I need to invest in each fund from those five thousand every month?) I am 40 years old now. SIP means do we need to invest in the same fund for ten to fifteen years or we have to change the fund every month?

Dec 6, 2016 by Dr.Siva, | Mutual Fund

Diversified equity funds are the best category of equity funds for long term SIP investing. I think, you should not invest in more than 2 funds. You may select couple of diversified equity funds from here... Read More