Investment, Financial Planning, Mutual Fund & Income Tax Queries

What is the best time to exit mutual funds

If there is no immediate need of money, what is the best time to move out of a fund if it is giving a good profit?

Dec 6, 2016 by Dr. Pankaj Agarwal, Ghaziabad | Mutual Fund

Frankly speaking, there is no clear cut answer for your question. Having said that there could be various scenarios based on which you might think of moving out of a fund. Let us see what are these... Read More

Will there be any tax deduction on Rs. 1000 monthly SIP

If I do monthly SIP of Rs. 1000 for 30 years, will there be any tax deduction on each monthly instalment of Rs. 1000. Please advise?

Dec 6, 2016 by Subhash, | Mutual Fund

Please note that no tax is deducted on your monthly SIP instalment of Rs. 1000 irrespective of number of years of your investment. Please go ahead with your SIP investment without worrying about tax... Read More

What is the objective of your blog

I am new to this blog. I wish to know the objective of this blog?

Dec 6, 2016 by Nishith Kumar Jain, New Delhi | General

The objective of Advisorkhoj is to help the investment advisory eco system in India. There are three stake holders in the eco system - Investors, Advisors and Companies. We help investor by simplifying... Read More

Can you please review my balanced fund SWP

Recently (one month back) I had invested 27 Lakhs in Balanced Mutual Funds. Breakup is like this - Motilal Oswal Dynamic Equity Fund (Balance Fund) - 9 Lakhs, L&T Prudence Fund (Balance Fund) - 9 Lakhs, Birla Sun Life 95 Balanced Fund - 9 Lakhs. From all of above these three Balanced Funds I am taking 8% per month as SWP i.e. 18000 Per month. Please suggest my mutual fund selection is okay or I have to change. And 8% as SWP is okay or I have to reduce this amount. I have a time horizon of 10-12 years and expecting 1 to 1.25 Crore after deducting SWP in 10 years. Is my expectation is right? Please guide me on my queries?

Dec 6, 2016 by Sumit Bisla, Faridabad | Mutual Fund

The funds you have selected are okay. The monthly SWP withdrawal amount of Rs. 18,000 from investment corpus of 27 Lakhs is also right! Therefore, you need not increase or decrease the monthly SWP... Read More

Has DSP BlackRock Tax Saver Fund declared any dividend in November 2016

Any dividend declared in DSP BlackRock Tax Saver Fund Regular Plan in November 2016?

Dec 6, 2016 by Mahadevan Kartikeyan, Bangalore | Mutual Fund

Yes, DSP BlackRock Mutual Fund announced dividend in their tax saving scheme, DSP BlackRock Tax Saver Fund on 18th November 2016 @ 0.40 per unit... Read More

Do you offer personal finance consultancy

Do you offer personal finance consultancy as well? If you do, how to approach?

Dec 6, 2016 by Deepak, Hyderabad | Financial Planning

We do not provide personal finance consultancy or investment advisory services. But, if you want we can connect you to a financial advisor in your city. However, if your have any general query about investing... Read More

Can I have capital protection if withdrawing from balanced and equity funds

I am retired. I have a corpus of 50,00,000. I would like to invest in 1. ICICI Prudential Value Discovery Fund - 10,00,000 2.HDFC Prudence Fund - 15,00,000 3. BSL Balanced 95 Fund 20,00,000 and 4. BSL MIP 25 - 2,00,000. To withdraw about 50,000 per month through SWP. Can you analyse and give advice on this portfolio. I am looking for capital protection also?

Dec 5, 2016 by Murthy, Neyveli | Mutual Fund

The funds you have chosen for taking SWP withdrawals are all fine. But we have following suggestions to make - 1. Withdrawing Rs. 50,000 per month from an investment of Rs. 50 Lakhs in the above funds is bit... Read More

How to optimise my SWP returns from balanced and liquid funds

I want to ensure Good returns from SWP from Multiple scheme from your site. I understand that if SWP is done from mainly from Balanced (Equity) Fund and during low period from Liquid fund would lead to higher returns. Is there any way to instruct AMC for such SWP (both balanced and liquid fund from one AMC). Please reply with procedure to do such SWP?

Dec 5, 2016 by Mukesh Mangla, Bhopal | Mutual Fund

Yes, we suggest balanced funds as they invest in both - equity and debt and yet get the taxation of equity funds. That means, if you are withdrawing through SWP route after one year, then all the gains received... Read More

What should be a good source fund for doing STP into equity mutual fund

What could be a good source 'debt' fund (liquid, income, short, ultrashort, dynamic bond or gilt fund) for lump sum investment of 10 lakhs from which STP into an equity fund can be planned for a period of at least 5 years?

Dec 5, 2016 by Pankaj, Ghaziabad | Mutual Fund

Please note that liquid funds could be the best option if you want to park your lump sum investment for systematically transferring (STP) to equity funds. You may like to check our STP tool and see... Read More

Should I redeploy my investments as the market is falling

I am 59 and retired. I have made investments on SBI Bluechip, SBI Magnum Midcap, ICICI Pru Value Discovery and HDFC Balanced funds(all Growth and Regular plan). With the current scenario of crashing prices, should I consider redeployment of my investments or stay put? Kindly guide?

Dec 5, 2016 by N V Ramani, Bangalore | Mutual Fund

Congratulations! as you have selected good mutual fund schemes for your investments. Though you have not given the date of your investments in these funds, please note that mutual fund investments are... Read More