Mutual Fund Queries

Is ABSL Tax Relief 96 a good ELSS Mutual Fund

I had Purchased SIP for tax saving and long terms benefits Aditya Birla Sun Relief 96. It is better decision on my side please guided me I am beginner in this filed?

Jul 24, 2019 by Sandeep Tiwari, | Mutual Fund

Great to hear that even though you are a beginner in mutual funds you could select a good ELSS fund and started investing in it for long term benefits. Not only your investment decision is good, you have also... Read More

Which debt mutual fund can be a good alternative to savings bank account

I have a query related to lump sum investment in debt funds. Per many articles by investment experts, it appears that liquid or money market funds are one of the best alternatives to invest your extra money when compared to savings bank account to get higher returns. With that thought in mind, I am thinking to use the debt fund way to invest 5 lacs for a tenure of 6 months to 1 year, the duration could be even longer as well. Below is my strategy - 2 lacs in Money Market Fund or Liquid Fund (ABSL Money Manager Growth or Reliance Liquid Fund) 1.5 lacs in Medium to Long duration Debt Fund (Reliance Income Growth Plan) 1.5 lacs in Gilt or Corporate bond Fund (SBI Magnum Gilt Fund) Rather than keeping the entire 5 lacs in a liquid fund, would it be wise to use the above strategy to diverse my investment? Please advise?

Jul 22, 2019 by Mrinmoy Bhattacharya, Bangalore | Mutual Fund

You have read it right - Liquid and/or Money market mutual funds are good alternative for parking your investible surpluses in place of savings bank account. You can add Arbitrage Funds and Overnight Funds... Read More

How much monthly income can I expect from HDFC Balanced Advantage Fund

If I invest 15 lakh one time in HDFC Balance Advance Fund what will be my monthly income in the form of monthly dividend at present? Will this income vary every month? Does it give a minimum assured dividend every month? I like to have monthly income from such investment?

Jul 21, 2019 by Sukumar Sarkar, Durgapur | Mutual Fund

Please note that HDFC Balanced Advantage Fund is a dynamic asset allocation funds and ideal for investors with moderate risk taking appetite and also for those who are looking for regular income in the long run... Read More

Should I start STP from Arbitrage mutual funds after one year

Investing lumpsum in liquid fund and doing STP (immediately) in to an equity fund - is it profitable, as every STP incurs Short term capital gains. Is it better to do lumpsum in Arbitrage fund and start STP after 1 year?

Jul 19, 2019 by Anand, Bangalore | Mutual Fund

Yes, you are right! The profit made from liquid funds (within 3 years from the date of investment) is taxable and will be treated as short term capital gains. The gains will be added to your income and taxed at the tax... Read More

Have I invested in the right mutual funds for the next 10 years

I wanted to know that I have started investing 10000 monthly SIP In Canara Robeco Emerging, L&T Emerging, HDFC Small Cap and in SBI Hybrid Funds. Also additionally investing 4200 monthly in ELSS funds in ABSL. The tenure period I have kept for SIP is 10 years. Please let me know whether these funds are okay and I would be getting good returns in future 10 years?

Jul 17, 2019 by Ankit Malpani, | Mutual Fund

You have invested in a mix of good large & mid cap, hybrid aggressive, mid cap, small cap and ELSS Funds. The selection of funds is good and well diversified across sectors and market caps and suitable for... Read More

Which are the best mutual funds to invest in

I want to invest lumsump amount 25000 please suggest best mutual fund for this amount?

Jul 15, 2019 by Manish kumawat, Ambala | Mutual Fund

You have mentioned only the lump sum amount that you want to invest in mutual funds. But the most important criteria for investing in mutual funds are your risk taking appetite and the investment time horizon... Read More

How do I know which funds are giving the best dividends

Firstly congratulations on a fantastically designed website! It is far more powerful then any website that I have seen on MFs and I do come to your website for some preliminary analysis. I was going through the website , and was not sure if I there are inconsistencies or is that I am screening inappropriately. While going through best dividend schemes (consistent across multiple years), I came across the following schemes, with supposedly high yields: Principal Emerging Bluechip – Dividend, Mirae Asset India Equity Fund – Dividend, SBI Magnum Multicap Fund – Direct – Dividend, DSP Equity Fund – Direct, BOI AXA Large & Midcap Fund - Regular Plan – Regular - Dividend, BOI AXA Large & Midcap Fund - Eco Plan - Regular – Dividend. However, while going through the dividend history sheets, I was not able to see BOB Axa at all in the dividend history with % yield, additionally it seemed to have relatively less yield compared to the % shown differently in your other web pages. I think the only consistent ones were Principal Emerging Bluechip / Mirae Asset which featured in both cases (across most periods). I was wondering, if you could guide in the analysis for enabling me to create a consistent and sure shot shortlist of MFs having best returns across most periods for the following criteria (across all types of equity MFs). a) High dividend yield % MFs ( I am targeting > 12-15% annual dividend yield returns, if feasible) - Max 5 schemes, b) Lumpsum - Max 5 schemes, c) SIP MFs - Max 5 schemes. Will look forward to your guidance on how to go about the same?

Feb 3, 2019 by Naresh Raisinghani, | Mutual Fund

At the outset I thank you for your kind words about our website. Please note that top dividend fund are shorted on the basis of dividend yields... Read More

How to invest to earn regular income

I am in need of regular income of Rs. 50k per month as I don't have any other resources of income. After serving 21 years I have corpus of 50L with us which can be invested for running my lively hood. I know Rs. 50k is higher amount keeping in mind of 12% return from corpus. In that case I may think to reduce some amount. I need tax free return or at least with minimum tax liabilities. I may invest for 5 years with moderate risk because I have no option other than this way. Please suggest and help me so that I may come over with the situation what to do not to do. Please sir, yours advise may change my life and I may leave my life with more peace and more calm?

Jan 31, 2019 by Ramesh Kumar Verma, | Mutual Fund

Please note that you can earn a regular income from your accumulated corpus by investing the same in fixed income instruments (Senior Citizen Scheme, Bank FD, Postal MIS) wherein you can earn an... Read More

Should I maintain separate portfolios for different financial goals

I have 2 goals, marriage and education of my daughter. Now, should I have separate MF portfolios for these two goals or only one portfolio covering investments for both the goals together? If separate portfolio for each goal is to be kept then how many funds should be there in each portfolio and how to transfer money from equity to debt in that particular portfolio as each goal nears its due date?

Jan 30, 2019 by Lalit Ramteke, Kupwara | Mutual Fund

Ideally you should have separate portfolios as the goal times in this case may be different. With regards to how many funds you should have in your portfolio is a function of what is your monthly investment... Read More

Is dividend distribution tax applicable on dividend reinvestment plan

Whether Dividend Distribution Tax is applicable in dividend reinvest plans of MF?

Jan 30, 2019 by Mohammad Wasim, Burnpur | Mutual Fund

Yes, dividend distribution tax (DDT) is applicable also on dividend reinvestment plans of mutual funds. Please note that even though dividends received in the hand of the investor is free, the AMC has to pay... Read More