Mutual Fund Queries

What is the benefit of mutual fund STP

I make Rs. 5000 STP weekly, from liquid fund to equity fund. Every time STP is done, I will have short term capital gains on debt fund. If STP runs for a year or 2, the amount of tax out go is substantial, and I am already in 30% tax bracket. And the equity investment is still on negative side. What is the use of STP?

Aug 29, 2019 by Nandu, Kolar  |   Mutual Fund
Please note that STP is an effective way of riding the market volatility and benefit by rupee cost averaging of your unit prices. Please read more about STP here... Read More
How much to invest to meet target amount of Rs 2 Crores

I have Invested in MF and currently doing SIP of Rs. 2000 in following mentioned MF's. My Monthly expenses are Rs. 30,000, I am 29 years old working professional and will work for another 11 years before retiring at age of 40. My target amount at retirement is 2 crore. Please help me and analyse my investment. Scheme Details Category Current Value based on NAV Current Value Monthly SIP Aditya Birla Sun Life Equity Fund - Growth - Direct Plan: EQUITY - 706.9400, Rs. 11,41,121.34; Rs. 5000, Aditya BSL Tax Relief'96 Fund - (ELSS U/S 80C of IT ACT) - Growth - Direct Plan: EQUITY - 29.9800, Rs. 1,14,209.53 Rs. 10000; Indiabulls Liquid Fund - Direct Plan - Growth: CASH - 1876.0869, Rs. 47,211.73, Rs. 0; Kotak Standard Multicap Fund - Direct - Growth EQUITY 35.5410, Rs. 4,36,923.96, Rs. 50000?

Aug 26, 2019 by Dhiraj, Chennai  |   Mutual Fund
From your query, it is not clear how much exactly you are investing every month to meet this goal after 11 years. For your information, please note that a monthly SIP investment of Rs 72,000 is required to meet... Read More
Can you tell me return of various indices

Which is the best Indices as per 5 Years and 10 Years return? Nifty 50? Nifty Next50? Nifty midcap 50? Nifty 20 Value fund? Nifty midcap 100? Please tell me MF available in this best indices? And which MF is best for this indices?

Aug 19, 2019 by Dr. Ketan S Trivedi,   |   Mutual Fund
With regards to showing various best funds under each indices, we do not have an utility like that. However, you can check the return of various category of funds wherein we are comparing the fund returns with... Read More
Which Principal Mutual Fund scheme will be suitable for my retirement corpus

I want to invest for my retirement corpus, for the time horizon of 10years. I want to invest in one of the following two shortlisted mutual funds. Kindly advise which one is more suitable for me. 1) Principal Emerging Blue-chip Fund, 2) Principal Multi Cap Growth Fund. Or kindly suggest another fund of your choice?

Aug 16, 2019 by Sanjay Gargish,   |   Mutual Fund
You have selected two good schemes from Principal Mutual Fund stable - Principal Emerging Blue-chip Fund and Principal Multi Cap Growth Fund. Principal Emerging Blue-chip Fund is a large and mid cap fund... Read More
In which mutual fund can I invest for short term period

I want to invest my business fund for short duration in which which product and fund is good. I need a fund which do not attract tax and there will be flexibility of where ever we want we can withdraw funds?

Aug 3, 2019 by Chirag Agrawal,   |   Mutual Fund
It seems that you want to park your surpluses lying in bank account in mutual funds to earn superior return! Yes, mutual funds have that solution! Please read this... Read More
Can you please show the calculation method for selecting top consistent performing funds

I wanted to know about your calculation or method for top Consistence Funds you have shown, if possible send me your details calculation sheet for any one category like mid cap funds. Because I short listed some of funds by rolling returns calculation but those are different from your top consistence list so kindly share your calculation or method to me?

Jul 30, 2019 by Abhishek Shah, Surat  |   Mutual Fund
Thanks for writing to us. Kindly note that the methodology for selecting the 'most consistent funds' is provided at the footer of the result. Please check this url... Read More
How can I invest Rs 10 Lakhs

Want to invest 10 lacs?

Jul 28, 2019 by Dr. Pradip Kumar Chatterjee,   |   Mutual Fund
You have mentioned that you want to invest Rs 10 Lakhs in mutual funds. But the most important criteria for investing in mutual funds is your risk taking appetite and the investment time horizon. Details of... Read More
Can hybrid aggressive funds invest in large, mid and small cap stocks

Under SEBI's new categorisation of MF schemes, "Aggressive Hybrid" scheme need to have investments in equity from minimum 65% to maximum 80%. Within this band of 65% to 80%, can such schemes invest in equities of Large, Mid and Small cap funds, as may be decided by the Fund Manager or there is some SEBI rule to govern these underlying equity investments?

Jul 27, 2019 by Pravin Jain, Mumbai  |   Mutual Fund
Yes, you are right, Aggressive Hybrid Funds can invest 65% to 80% in equities and 20% to 35% in debt instruments. These funds were earlier known as Balanced Funds and you can read our blog on... Read More
Is it possible to check rolling return versus category returns of multiple funds at a time

It is possible to check Rolling Returns vs Category for multiple funds at a time, within the category. How does one check Rolling Returns vs. Benchmark for multiple funds at a time, in a category? It currently provides for checking Rolling Returns vs. Benchmark for only one fund at a time. Is there a work around to do this for multiple funds at a time?

Jul 26, 2019 by Joel A Peres,   |   Mutual Fund
Please note that it is possible to see multiple funds at a time within the same category. Though by default we are showing the result of one fund only but you can add more fund by using the +add another fund... Read More
Which Sundaram Mutual Fund scheme would be good for SWP for me

Which of the Sundaram Mutual Funds would be good for SWP for me. I am a senior citizen?

Jul 25, 2019 by Rabindra Chandra Bhattachara, Kolkata  |   Mutual Fund
Sundaram Equity Hybrid Fund could be a good choice for you as you are looking to invest for the purpose of SWP while not taking much risk. Equity Hybrid funds were earlier known as Balanced Funds. These... Read More
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