Investor Queries
Dear Readers, I had a query from the investors regarding SIP and Financial Planning which would be useful sharing with you.
Query 1:
I want to know more about sip scheme.
Reply 1:
Monthly Systematic Investment Plans helps you to invest money in mutual funds each month in a small quantity. You can fix some amount each month i.e. Rs 1000 in a particular scheme and make payments. This way of investment is similar to invest in a recurring deposit or a post office deposit. The main advantage...
I got some query regarding alternate investments to fixed deposits from our website reader. I thought it would be useful to post the query to other readers so that it would be beneficial.
Query 1:
I am 62 yrs retired govt servant. I have an FD in Nationalised Bank. I am seeking an alternative investment of Rs. 1 lakh - 50,000 in tax saving scheme, which I understand is for a minimum period of 3 years, and the remaining in MF/SIPs. Kindly suggest the period and Co. which will be suitable for a...
Dear Readers,
I had a query from NRI Investor regarding NRI Investments in Mutual Funds. I have addressed the query and I thought it would assist for other Investors as well.
I am a non-resident Indian working overseas and I am nearly 56 years old. My plans are to retire from the present job within a year or two and to become a resident Indian.
I have some reasonable amount of savings, all of which are deposited either in NRE or FCNR fixed deposits fetching very little interest rate.
My queries are:
1) Are there any...
These were recent queries asked by the mutual fund investors. I thought these queries answered would help the other investors.
Query 1:
Is this a best Period for SIP Based Investment in MF. If yes what are all they? My Period of Investment shall be minimum 5 to 10 Years. I am 33 year old. Minimum 8000 i prefer to invest in every month. I prefer to have better returns for my investment. Currently i am holding HDFC top 200 - 2000 I am paying monthly. Please define my portfolio. Advance thanks for your support.
Reply:...
Dear Readers,
I recently got a query from an investor regarding assistance in SIP Investment. I thought sharing this query would be useful for other investors.
His query was:
“what do you suggest about investing in IDFC premier Equity fund, Birla Midcap fund either Plan A/B or any other good performing fund at the moment. Im looking for further investment of Rs 3000/- in SIP for 20 years.
Reply:
Dear Sir,
Greetings and Thanks for your E-mail...
Query:
THANKS BALAJI FOR YOUR EFFORT I WANT TO INVEST 1LAC FOR THE PERIOD OF 1 YEAR. CAN U SUGGEST SOME MUTUALFUND SCHEME WHICH IS ALTERNATIVE TO BANK FIXED DEPOSIT?
Reply:
Debt Funds are considered as an alternative for bank fixed deposits. The objective of these funds is to generate an returns of around 8% to 15%. These are highly safe and are considered as an alternative for bank deposit and Post office deposit. These funds invest in Government Bonds and Corporate debentures.
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