FAQ

How do I learn how to trade stocks and become a bull, particularly in India? I've never traded before and I have no experience in trading.
I don't know your age, but if you are not very young and you have never traded before, then stay away from it. It is safer to invest in mutual fun...
Wed, 2 May, 2018 at 4:14 PM
To avoid LTCG, should I redeem the present 5-year-old ELSS fund and reinvest again?
LTCG is only on gains made since 31 Jan 2018 and the markets haven't made any gains in this period. Assuming you have invested in regular plans a...
Wed, 2 May, 2018 at 4:14 PM
Is it advisable to withdraw bulk amount from GPF account of my father, due to retire in 5 yrs, and invest in MF in order to get monthly income once he retires?
Without knowing the overall portfolio or investor profile or post retirement income needs, a thumb rule for you is to continue PF investments as long ...
Wed, 2 May, 2018 at 4:15 PM
Is an OTM (one-time mandate) mandatory for mutual fund investments through a SIP?
No, it is not compulsory. However it makes it convenient. You can setup an SIP to auto debit your bank account periodically, or just pay-as-you-go. T...
Wed, 2 May, 2018 at 4:16 PM
In the current taxation policies proposed on mutual funds, is it good to continue investing in mutual funds through SIPs?
Yes, please continue your SIPs to continue to invest in mutual funds. Taxation has brought in a 10% LTCG (long term tax on capital gain) but in th...
Wed, 2 May, 2018 at 4:16 PM
How will you advise a 21 year old to start his investment journey who is willing to invest around 50K-80k per month in mutual funds?
My advise will be FIVE pointed: Go only for Direct Plans. In your long investment journey losing 1% to 1.5% each year definitely will result in hal...
Wed, 2 May, 2018 at 4:16 PM
Can a government employee invest in mutual funds and stock markets? Is it legal?
  Yes it is absolutely legal to invest in mutual funds and stocks. If you don't have much time to track individual stocks, for for mutual funds. Cho...
Wed, 2 May, 2018 at 4:17 PM
What is meant by provident fund, provident fund contribution, provident fund investment and interest on provident fund investment?
A Provident Fund (PF) is a government sponsored investment instrument. With Employee PF (EPF), 12% of your basic salary automatically gets investe...
Wed, 2 May, 2018 at 4:17 PM
How can l switch my regular plans to direct plans without incurring any charges till I redeem them?
Switching to direct plans will not make your broker happy but will increase your wealth by upto 40% over time. When you switch it is considered a ...
Wed, 2 May, 2018 at 4:17 PM
How much monthly interest will I get if I invest 1 lakh in HDFC mutual fund?
Mutual funds give you a dividend (though you may call it ‘interest’ if you wish to compare it with an FD). Each mutual fund has its own calendar for p...
Wed, 2 May, 2018 at 4:18 PM