Presenting Partner

Life Insurance Corporation of India

Moneycontrol

Budget 2022

Associate Partners:

  • Kotak Mutual Fund
  • Pharmeasy
  • Indiabulls
  • SBI

Presenting Partner

Life Insurance Corporation of India

Moneycontrol

Budget 2022

Technology Partner

Dell Technologies

Associate Partners

Kotak Mutual Fund
Pharmeasy
Indiabulls
SBI

Chat Transcript

  • Amit Trivedi

    Aug,08,2016, 16:00 hrs

    Equity investments simplified

    Amit Trivedi , Author & Founder, Karmayog Knowledge

  • guest: Dear Sir/Mam I want to invest in SIP on month to month basis. Please guide me on the same. Which fund to choose ? What tenure to choose ? What amount would suffice ? What would be the return rate ? What should be the payment mode ? etc...

  • Amit Trivedi:

    Hi, first of all, the period of your SIP should match your financial goals as well as your ability to contribute - how long can you save out of your income. The minimum amount accepted by most fund companies is Rs. 500 per month. However, this again depends on the goal amount, the time to goal and the category of schemes selected. The rate of return would be a function of the funds you choose as well as the performance of the respective market, whether you have chosen a debt fund or an equity fund or a hybrid fund. The payment mechanism i very simple - you can opt for SIP through NACH facility

  • guest: i have ICICI life stage pension plan for retirement with premium of 50000 /year . how good is this plan. is it taxable at the end of policy.

  • Amit Trivedi:

    This is a product from an insurance company. I would suggest you check up with the respective insurance company since the tax laws have changed over the years for insurance products. Also take it in writing from them.

  • guest: i WANT TO MAKE FRESH INVESTMENTS IN MUTUAL FUND. i SHOULD GET DIV IDEND AT REGULAR INTERVALS. SUGGEST SOME SCRIPS

  • Amit Trivedi:

    Why do you want regular dividends? When do you need? Do you need some regular cash flows monthly? or annually? Kindly be very specific in your requirements. If you do not need money at intermittent periods and you are seeking dividends only for psychological comforts, then it is not a good idea. However, if you want regular income starting immediately, please check this: http://www.moneycontrol.com/news/mf-classroom/how-doessystematic-withdrawal-plan-(swp)-work_1024230.html

  • guest: i am 42 years old NRI and new to SIP i want to invest 50,000 per month with a vision of 3-5-7 years. Please advise on top MF based on returns

  • Amit Trivedi:

    You can check various websites to pick up mutual fund schemes based on returns. However, anyone can tell you about the past returns. I doubt if there is anyone who can tell you anything about future returns. With the time horizon of 3 years, I would suggest a scheme from short term income fund category; for 5 years, you may choose an MIP and for 7 years, you may look at a balanced fund

  • guest: All mututal funds I have purchased in equity. is it correct decision. Kindly suggest...

  • Amit Trivedi:

    Can`t say whether your decision is right or wrong as there i.e. no mention of any other investments. You see, you have to build your investment portfolio based on your own and specific requirements. For this purpose you must include all investments that you have. Mutual funds cannot be discussed in isolation.

  • guest: Want to build a Fund of Rs. 1.20 Crores in 7 Years/ 84 months. Preferred mode is SIP in Mutual Funds in a safe and balanced manner. Please recomment the monthly amount @ 12 to 15% returns and the BEST funds by name.

  • Amit Trivedi:

    I am sorry, I would not discuss any specific scheme names

  • guest: I plan to invest Rs. 15,000 per month for next 3-5 years in Mutual Fund. Please suggest Fund/Scheme with moderate risk and high return.

  • Amit Trivedi:

    I am sorry, I would not discuss any specific scheme names. Secondly, please be prepared to take high risks if you seek high returns, and expect moderate returns if you wish to take moderate risks.

  • guest: Sir, i am investing rs.1k each in kotak select,sbi blue chip,sbi multicap,tata balance and franklin smaller co. since 3 yrs.recently i have started sip in axis lt (elss) for 5k and also invested 50klumpsum in franklin tax shield. it is long term investmet ment for more than 15 yrs. still i have 45o,000 spare i want to invest in stp pl give your about above mf and which stp is best for 10 yre?

  • Amit Trivedi:

    There is no way anyone can say which STP is best for the next 15 years. I would even admit that I cannot.

  • guest: Sir I hold Tats Elexi 50 shares @ 1815, sum lex infa 50 shares @ 295 and Marksans pharma 100 share @ 95 what I sholf do now

  • Amit Trivedi:

    No comments on any specific shares, too

  • guest: I have 4 funds in my portfolio.. ICICI Pru Focused Bluechip Equity Fund - Reg Plan - Gr HDFC Top 200 Fund - Gr Reliance Tax Saver (ELSS) Fund-Gr Plan-Gr UTI - Retirement Benefit Pension Fund Am i on a right path for investing point of view??? Kindly guide..

  • Amit Trivedi:

    Whether you are on the right path depends on what is your destination - your financial goals and not on the vehicle you have selected - the schemes in this case.

  • guest: Wish to start SIP Investments. Planning to allot about Rs.3000- per month for post retirement fund. I am aged 50 & employed with a marketing firm. Pl. suggest the mutual fund best suitable for me. Rgds.

  • Amit Trivedi:

    Ideally, with a ten year time horizon, you may consider starting your SIP in an equity fund or a balanced fund for the first five years. The last five years should be in an MIP or a debt fund. However, it is a function of how much retirement fund you need, how much money you have already invested in various and which products. This would also depend on whether you are eligible for retirement benefits from your company

  • guest: I have a lump sum amount of Rs 3 lacs which I wish to invest in debt funds. Please let me know the best category of debt funds to invest for 3-5 years and whether to invest through SIP or lump sum

  • Amit Trivedi:

    Considering you are asking for a category of debt funds, I assume that you might have some knowledge of debt funds. I would suggest for the time horizon you are considering, you may look at "accrual" category of funds with low to medium duration - however, check the credit risk on the portfolio and invest only if you are comfortable with the same.

  • guest: I want to take SIP of mutual funds of Franklin i.e. Franklin India Smaller Companies Fund (G). I want to invest 2000 per month for 10 years . Please advise if it is good or bad. Help me out some better options (if any),if you please can.

  • Amit Trivedi:

    I am sorry, I would not comment on any specific scheme. All I can say is that this being a small cap fund, it is risker than a large cap fund, but holds potential for generating higher returns.

  • guest: I invest 20k/months as below, 10K in ELSS(for tax saving/wealth creation), 6k in small and Midcap funds(for short team goals) 2K in PPF and 2k in NPS(Retirement). Do i need to change in above investments? please guide. Thanks!

  • Amit Trivedi:

    This question cannot be answered with such insufficient details. How far are your goals? At the same time, investing in small/mid cap funds for short term goals could end up in a disaster. For your short term goals, you should not even be in equity funds - small and mid cap funds are out of question. Please consider some debt funds for such periods.

  • guest: Hi, I would like to invest 2500.00 (INR) in mutual fund (SIP) and i would like to take High risk and decided to go for Equity based Mutual funds (Small and Mid cap) because they have high returns in 3 years time horizon. What would be good investing strategy investing the entire amount(2500.00 INR) in one Mutual fund (or) splitting the investment into more than one mutual fund? Any help is highly appreciated. Thank you

  • Amit Trivedi:

    First of all, I would like you to consider what you mean by high risk. While you have mentioned that you can take high risk, you are considering the small and mid cap funds based on the returns generated in the last 3 years. Please understand that if the risk manifests itself, the downside could be huge and for long. When you say you are ready to take high risks, would you be comfortable if your portfolio value loses 50%? Please consider this question first. Please do not decide the risk category based on the past high returns.

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