FAQ

Does Canara Bank charge for mutual fund SIP charges?
I will answer with an illustration below. Every Mutual Fund Scheme (there are thousands) come in TWO plans - Direct and Regular. If you do NOT invest in ...
Wed, 2 May, 2018 at 4:55 PM
Which mutual Fund (Equity) is ideal for investment in lumpsum? Is it large cap, midcap or small cap fund?
If you have to pick just one mutual fund go for a multi cap fund that has the flexibility to choose between large cap, mid cap or small cap funds. More:...
Wed, 2 May, 2018 at 4:55 PM
What is the first thing to do for a (new) first time investor to open an SIP mutual fund account?
It is quite easy. Go with an online direct mutual fund platform (e.g.: Jamā.co.in ) that is the best for SIPs (Read my answer for more on which platform ...
Wed, 2 May, 2018 at 4:56 PM
Are there any tax saving mutual fund schemes with SIP?
Yes, you can start an SIP in an Equity Linked Saving Scheme (ELSS) Mutual Funds, that get you tax benefit of upto Rs 46,350, assuming you invest Rs 1.5 l...
Wed, 2 May, 2018 at 4:56 PM
I am 21 and have invested 50% of my monthly savings in mutual fund SIPs. I have no financial obligations in the near future. Is it a good idea? What should my portfolio look like? This is a good idea! Your portfoli
o should have a larger equity allocation as you have time to withstand any potential market downturns. Over time you will amass significant wealth by sticki...
Wed, 2 May, 2018 at 4:56 PM
Should a beginner invest in stocks or in mutual funds considering the expectation time for good returns is for a year or a two?
A beginner is better off investing in mutual funds because of the following reasons: You can invest with small amounts, as low as Rs 500 They are m...
Wed, 2 May, 2018 at 4:57 PM
What should be my strategy to invest in mutual funds by SIP if I want to generate Rs 80L in 17 years and Rs 1.3 Cr in 27 years? I have considered inflation at 8% for current expenses of 20 Lacs and 15 Lacs respectively.
You strategy should be to go for a combination of multicap and large cap equity mutual funds, since the time horizon is quite long. This will need to be ...
Wed, 2 May, 2018 at 4:58 PM
Is there anyone who stayed invested in the stock market through the 2008 crash? If yes, what is your return per cent?
I had invested in 2007 with one of the Portfolio Management Services (PMS) of a leading Bank. The portfolio suffered a 50% loss after the 2008 crash and ...
Wed, 2 May, 2018 at 4:58 PM
What happens if I invest 700,000 one time in a mutual fund like Reliance Small-Cap?
Well, the Rs 7 lac invested grows. Had you invested it 5 years ago, it would have doubled every 2 years, an astounding growth rate! You would have receiv...
Wed, 2 May, 2018 at 4:58 PM
Is there anyone who stayed invested in the stock market through the 2008 crash? If yes, what is your return per cent?
I had invested in 2007 with one of the Portfolio Management Services (PMS) of a leading Bank. The portfolio suffered a 50% loss after the 2008 crash and ...
Wed, 2 May, 2018 at 4:59 PM