Investment, Financial Planning, Mutual Fund & Income Tax Queries

Are there agents for Senior Citizen Savings Schemes

Are there agents for senior citizens savings scheme located in Mumbai, through whom we can subscribe or it can only be done direct by investor at the post office?

Sep 20, 2016 by K S Mahalingam, Mumbai | General

No commission is payable to agents on mobilisation of Senior Citizen Savings Schemes. You may visit your nearest post office and invest in this scheme... Read More

Is there any platform to deal directly in stock like direct mutual funds

I wish to know is there any platform to deal with stock market without broker just like direct plan of mutual funds? Please clarify?

Sep 20, 2016 by Sanjay Maru, | Equity Investing

There are no platforms which helps you in buying or selling stocks without involving any stock broker. There is no concept like ‘Direct plans’ in stock investing... Read More

Can nomination in mutual funds be changed

We are grateful for the useful and precious guidance and advice your good self is providing to the investing public. Kindly let us know whether one can change nomination in mutual funds, if yes, what is the procedure?

Sep 20, 2016 by Vinay Vashisht, Chandigarh | Mutual Fund

Yes, you can change nominee in Mutual Funds. For this, you will have to fill up the requisite form (Change in nominee), available on respective AMC websites and submit with the AMC... Read More

Can you provide details of Mutual Fund PMS scheme

Please give me list of mutual fund AMC, Which are giving PORTFOLIO MANAGEMENT SERVICES, with details of their terms & conditions, such as minimum amount and expense ratio charged by AMC of mutual funds?

Sep 20, 2016 by Jaspalsingh Matharu, | Mutual Fund

Please note that all the AMCs are offering portfolio management services (PMS). To know the terms and conditions of their PMS schemes, you will have to contact the respective AMCs... Read More

Is my chosen investments right for 3 to 5 years horizon

Hi, Firstly many thanks for all the valuable information provided on your website with regards to investments, it helps a lot for financial planning. Would appreciate if you could let me know on my investments, if this is the right investment I have chosen keeping in mind a time horizon for 3-5 years. I have invested Rs. One Lac (Lump sum) each in the below mentioned Mutual Funds. Below are the names 1) DSP BlackRock - Focus 25 Fund (Regular Plan Growth), 2) HDFC - High Interest Fund - Dynamic Plan, 3) ICICI Dynamic Bond Fund - Growth, 4) Kotak 50 Equity Scheme Growth, 5) Reliance - Dynamic Bond Fund - Growth?

Sep 20, 2016 by Ashley Fernandes, Mumbai | Mutual Fund

Yes, you have chosen the right schemes. But, you should have an investment horizon of 5 years or more for DSP BlackRock Focus 25 Fund and Kotak 50 scheme as these are equity funds... Read More

Should I make my fund selection more aggressive

(Age – 33) I am investing in 6 MF’s through SIP - HDFC Balanced Fund(G), Franklin India Small Companies Direct (G), ICICI Prudential Value Discovery Fund(G), SBI Blue Chip (G), UTI Mid Cap (G) and Franklin India High Growth Companies (G), with total monthly investment of INR 32,000, total value as on date is around 24 Lakhs. For getting the fixed income, I am also investing 4.5 Lakhs yearly in PPF? Query :- Selection of MF is correct ? / When I have a longer period, should I select more aggressive funds or should I continue with it or should I invest in direct equity (Shares), please respond to this.

Sep 20, 2016 by Pradeep, New Delhi | Mutual Fund

Your fund selection is a good mix of balanced, diversified, mid & small cap and large cap schemes and therefore, we feel that, there is no need to change it. Investing in mutual funds instead of direct equity is the... Read More

Want to know more about Debt funds

Write article on Dynamic Bond Fund. In which scenario we invest in this fund? Current scenario is best suited to invest in a Dynamic Bond Fund?

Sep 16, 2016 by Shitanshu, Surat | Mutual Fund

Thanks for the suggestion. We have already done few articles on debt fund investing including dynamic bond funds and also on the topic what investors should do with debt fund investing in 2016. Reading... Read More

How to invest retirement money safely to get monthly returns

Next year I will be retiring & the total money that I will be receiving for retirement is 70 Lakhs. Kindly suggest a portfolio for me where I should invest this fund with low risk. Also to mention I require a regular return of Rs. 40,000 per month to look after my domestic expenses?

Sep 16, 2016 by Tarun Dhali, Bhubaneswar | Mutual Fund

The low risk investments can be availed by keeping your money in mutual fund debt funds or hybrid debt oriented funds (also known as MIPs). Hybrid debt funds (MIPs) will have 5% - 25% equities in its portfolio... Read More

What is Indexed cost

What is Indexed cost?

Sep 16, 2016 by Asis Maiti, | Mutual Fund

For certain asset classes like debt fund, gold (paper or physical), real estate etc, tax rules allow for indexation benefit for long term capital gains. Long term capital gains period for these asset classes are... Read More

How to calculate CAGR of mutual funds

If Rs. 1,000,000 invested in Mutual Fund & CAGR is 9.75% for 1170 days, how do I calculate maturity value. Please let me know according to the basis of formula but not on excel basis. I feel comfortable to make calculation with my mobile?

Sep 16, 2016 by Asis Maiti, | Mutual Fund

Whether you are able to perform this calculation on your mobile phone, will depend upon your mobile calculator app. If you have a scientific calculator app, you can do this calculation on your smart phone... Read More