Chat Transcript

  • Amit Trivedi

    Jul,14,2017, 16:00 hrs

    Equity investments simplified

    Amit Trivedi , Author & Founder, Karmayog Knowledge

  • guest: To ascertain whether i c an do it own my own or my finances be given to a mutual fund to be managed I have the following questions. 1) AMC fund managers when they sell shares do they have to pay STCG ? 2)AMC fund managers when they sell shares do they have to pay STT ? 3)I assume they Do pay brokerage. will it be deducted from fund nav .

  • Amit Trivedi:

    When a fund manager does the transactions (buy or sell securities), the STT and brokerage charges are applicable as is the case with anyone else. However, there is no tax on capital gains (short term or long term) as well as there is no tax on any interest income that the funds earn from the money parked for short term pending deployment

  • guest: Dear Sir, My Age is 28 years . I am new to SIP and i request you for guidance for investing in various Mutual Funds.I have started my SIP from last month and invested 1000 SIP each in 1. Kotak Select Focus Fund - Regular Plan (G) 2. DSP BlackRock Opportunities Fund - Regular Plan (G) and 3. Mirae Asset Emerging Bluechip Fund (G). 4. HDFC Balanced Fund (G). 5. SBI Blue Chip Fund (G).Please give suggestions for any changes required, and tell me how these funds are and how much I am correct selecting these? My investment horizon is for 10-15 years.

  • Amit Trivedi:

    Which funds you have selected is less important than why you selected or how you arrived at the selection. What were the reasons behind the selection of these funds? Has there been any change in any of the factors after your selection? At the same time, if you selected the funds based on historical returns alone, that would be a mistake.

  • guest: My age is 39, male. Already i am investing in MF Rs 18500 pm now i want to invest 10k as SIP please suggest me best funds for me Already invsting SIP details are Franklin indiaPrima - 1500 Canara robebo emerging Eq-2000 Principal Emerging blue chip-2000 SBI Magnum tax gain-50000 sbi emerging business-2000 DSP Black rock Microcap-2500 Birla Sunlife eqty-1000 Birla sunlife banking n financial-2000 relaince small cap-1000 please help me to choose best funds for new SIP of Rs 1000. investment period is about 7-10 years.

  • Amit Trivedi:

    You have too many small and mid-cap funds or emerging category (which is also mid-small cap universe). You may check the allocation, even though your time horizon is 7-10 years.

  • guest: Currently i am doing sip in 11 different funds from last 4 months Birla sunlife advantage fund 1000 rs Birla sunlife equity fund, 1000 Dsp br tax saver fund 2500 Dsp br small n midcap 2000 Franklin prima 2000 Sbi bluechip 2000 Reliance top 200*fund 5000 Hdfc midcap oppp fund 5000 Mirae asset bluechip fund 2000 Icici value discovery 5000 Sorry sbi bluechip 5000 Kotak select focus 5000 All are direct growth plans My age is 31 years My time horizon is 20 years My targets are 1st after 10 years 50 lacs for child education 2nd after another 10years 1cr for child marriage 3rd after another 5-6 years i want 5 cr for my retirement So pl guide me that should i stick with these plans or should i change or drop some funds I have one jeevan anand policy for 40000 rs annual premium.. Running from last, 5years I have one ppf account but from this year i only add rs 2000 annually to continue my ppf I also have, Epf in which around 14000rs contrubuted from my side employer side I have arround 10lacks in epf account So pl guide me Waiting for ur reply My contact number is 9427058555 My Email id is

  • Amit Trivedi:

    Why do you invest in so many schemes? Since you have chosen direct plans, I understand you have done your own research. If that is the case, why should you take someone`s advice AFTER you have already started investing? Shouldn`t you go to someone before that? Secondly, assuming you have done enough research to select the scheme, four months is too short a period for any kind of review.

  • guest: I want to invest(MF/SIP) 1 lakh per year for 3 year, my age 30. where should i invest and how in STP

  • Amit Trivedi:

    Please clarify - do you want to invest lump sum or through SIP? Why do you want to know about how to do an STP in such a case? I am not clear about your question. However, assuming that hyou want to invest lump sum for 3 years, i would only suggest you go for Ultra-short term fund or short term plan. If you want to invest every year, keep adding to the same folio.

  • guest: I have E -FD in bank. pls advisors to witch mutual funds better to me for investment.

  • Amit Trivedi:

    If you want to shift money from FD to mutual funds, assuming that you know why you have done your FD, kindly look only at debt funds - especially liquid fund category or some funds with high allocation to high credit quality debt papers

  • guest: I\`m new to mutual funds. I want to invest 500-1000 per month for 1 year. Kindly tell me how to invest in mutual funds and which fund will be a better fit for me.

  • Amit Trivedi:

    I understand you want to invest monthly for one year, but you have not mentioned for how long the money would be kept in the investments. Without that there is no way one can even mention the category of mutual funds.

  • guest: I am planning to invest monthly 20000 through SIP at least for 3 years, but not sure at which mutual funds to invest. or start with. Could you please suggest me best options available to invest in mutual funds? Is opening demat account compulsory to invest in MF? where can I find basic training and pre-requisite information regarding mutual funds?

  • Amit Trivedi:

    You don`t need a demat account for investing in mutual funds. For understanding about mutual funds or various options or to know how to invest in funds, you may look at the mutual fund section on or on

  • guest: sir i am ivesting 1000 in icici bluechip fund, 1000 in icici value discovery fund, 1000 in icici balance advantage fund, 2100 in icici long term equity fund tax saving, 500 in sbi bluechip fund , and 1000 in icici banking & financial fund i am currently 22 years old and investing for past 1.5 years in these funds.

  • Amit Trivedi:

    What exactly is your question?

  • guest: I am 29 years old salaried employee(Public Sector Unit) soon to get married. I have around 2 lakhs in FD,15 lakhs in PF PPF(investing around 16k pm, 3 lakhs in NPS( I am investing around 7k pm in NPS), I have started to invest 6k p m in mutual fund (SBI Blue chip fund, Mirae asset emerging bluechip fund, L&T midcap fund). My salary is 71k pm and expenses are around 30k. I have taken a term insurance of 1.36 crore with premium of 12k anually. Should i increase my investment by reducing the expenses or diversify my profile. Please note i cannot reduce my NPS investment and can only reduce my PF investment by 10k p m . Thank you.

  • Amit Trivedi:

    If you can increase your investment by cutting unnecessary expenses, please do it. however, if you have to live an uncomfortable life, you should not cut your expenses just to increase your investments. It does not make sense to have a great future with a dismal present. Neither does it make sense to have a great present and a dismal future. You are the best judge of your expenses and your lifestyle. Please take a decision accordingly.

  • guest: My salary is around 13 lac per year so comes under 30% tax slab. I do delivery based buying/selling in stocks. And i have earned profit during the year. How much tax do need to pay on short term capital gain?

  • Amit Trivedi:

    Short term capital gains from shares attract 15% tax irrespective of which tax slab you are in. However, for tax related advice, i would suggest you consult an expert in that area.

  • guest: I am earning around 15k a month and I am planning to invest 1000 every month. Every year I\`ll keep increasing the investment amount. Where should I invest to earn good return in long term?

  • Amit Trivedi:

    What period is long term according to you? If you are looking at more than a decade, you may start SIP in a diversified equity mutual fund. Keep increasing the amount as you have mentioned and stay disciplined.

  • dinakar_mail: Sir I want to invest 10lakhs as a lumpsem investment for 5 year duration. Please suggest some good mutual funds schemes. My age is 40.

  • Amit Trivedi:

    If your time horizon is five years, I would suggest only a small allocation to equity. That means, you may go for at least 50% in debt funds and maximum 50% in equity funds. At the same time, you must also check how much of your present investment is in equity as an asset category - direct stocks, equity mutual funds or any other investment vehicle and take a decision based on that