1 vote
I am 42, with two dependents - wife and 6-year old daughter. My monthly pay is Rs 68,000. I have invested Rs 17,500 in four small-cap stocks (currently valued at Rs 16,900). I have Rs 55,000 in my savings account.
read more »
1 vote
A look at stocks in the portfolio, corpus size and comparison with peers can help in selecting a fund.
read more »
1 vote
I am 61, retired and have paid all loans. I need Rs 40,000 as monthly expenses. I never invested in mutual funds but want to do so now. I have saved Rs 8 lakh. Please suggest some good funds I can invest in. My risk appetite is very low and I want regular returns.
read more »
1 vote
After evaluating my risk potential, I plan to accumulate Rs 1 crore for my childs education by investing Rs 20,000 a month for 12 years, expecting to get 18 per cent. I have allocated 60 per cent to large-cap funds, 30 per cent to mid-cap and 10 per cent to sectoral funds. Below are the details:Will I be able to achieve my target? Please help.
read more »
1 vote
After putting an impressive show in 2005, it delivered a pretty muted performance in 2006 and 2007. Even if the fund suffered temporarily, it stuck to good quality businesses, diversification and is wary of richly valued investments. In 2007, low exposure metals or construction and energy helped the fund.
read more »
1 vote
Amfi says trail commission in case of transferred mutual fund accounts be put in an investor education fund.
read more »
1 vote
The mutual fund industry has started the current financial year with a net outflow in the equity segment, contrary to experts anticipation of better inflows.
read more »
1 vote
My aunt is 65. She has invested about Rs 2.5 lakh in bank fixed deposits. The interest rates are dismal (7 per cent). Is there any mutual fund scheme where she can get better returns? She is looking for regular interest payout similar to fixed deposits.
read more »
1 vote
I am 31 and live with my wife and a 17-month son. My take-home monthly salary is Rs 70,000. My monthly expenses are around Rs 25,000. After meeting my other liabilities, I invest Rs 34,000 per month in mutual funds via systematic investment plans (SIPs). I have three insurance policies with a total life cover of Rs 22 lakh. The premium I pay towards these, exhausts Rs 1 lakh deductions available under Section 80C.
read more »
1 vote
The domestic mutual fund industry registered 2.89 per cent rise in average assets under management (AAUM) in April as compared to March.
read more »
1 vote
I am a government employee and want to start a Systematic Investment Plan (SIP) of Rs 3,000 per month for 15 years. I am a bachelor who has neither great assets nor responsibilities. I have thought of investing in one of the equity diversified funds like IDFC Premier Equity A, ICICI Prudential Discovery, ICICI Prudential Dynamic or HDFC Equity Fund.
read more »
1 vote
Consistency is the virtue of this fund. Though benchmarked against the Nifty, it's not a pure large-cap holding. In the past, it had actively changed its complexion from being a large-cap to a mid-cap holding, depending on market conditions. In its long history, the large-cap allocation has wavered from 89 per cent to 39 per cent. But, ever since Shah took over in 2006, he aims for a 50 per cent large-cap tilt.
read more »
1 vote
Fund houses have balanced schemes and monthly income plans to cater to children's long-term needs.
read more »
1 vote
I want to buy a house for which I want to create a corpus of Rs 5-6 lakh over the next 15 to 18 months. I can use this amount to pay the margin money required for home loan. My wife and I can contribute around Rs 35,000 per month. Please suggest where I can invest, so that my post-tax returns would be high.
read more »
1 vote
I am 36, married and have a 7-year old son. I earn Rs 60,000 from my business. Post my monthly expenses, EMIs, mutual fund SIPs (Rs 1,500), post-office deposits (Rs 1,000 pm) and insurance premium, I have Rs 5,000 per month. I want to buy a house (Rs 25-30 lakh), in some years. I want to plan my son's higher education when he is 15 and my retirement at 55. I have a life cover of Rs 10.50 lakh with a term and an endowment plan.
read more »