FAQ

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 4:59 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 5:00 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 portfolio should have a larger equity allocation as you have time to withstand any potential market downturns. Over time you wi...
Wed, 2 May, 2018 at 5:00 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 5:00 PM
What is the first thing to do for a (new) first time investor to open an SIP mutual fund account?
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 pl...
Wed, 2 May, 2018 at 5:01 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 mulitcap fund that has the flexibility to choose between large cap, mid cap or small cap funds.
Wed, 2 May, 2018 at 5:01 PM
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 ...
Wed, 2 May, 2018 at 5:02 PM
Which is more profitable, investing money in stock market of developing countries or in developed?
Emerging markets or developing countries will offer better growth prospects for the foreseeable future, simply because there is unmet potential. However ...
Wed, 2 May, 2018 at 5:02 PM
Which mutual funds are best for long term investment of RS. 10,000 through SIP? Should I invest RS.10,000 in a single mutual funds, or should I invest RS.2,000 per month in five different mutual funds?
  It is better to split the investment between 2 or max 3 funds. 5 is too much to manage given the ticket size.
Wed, 2 May, 2018 at 5:02 PM
Is there any documented proof of compounded returns on a mutual fund investment?
The published Net Asset Value from the fund house is a good proof on how the fund has performed, when compared to a previous date. Direct Plan NAVs alwa...
Wed, 2 May, 2018 at 5:03 PM