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My Account
In App
My Account
guest: I am working professional, aged 43 who earns around 2 lakhs pm, from this HL EMI is deducted around 50k, LIC premiums around 25k, already i have SIP`s in ELSS of around 20k i.e.10k each, would like to invest some more amount in SIP mode,so please suggest good equity fund for longterm.
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ICICI Prudential Nifty 50 index fund Parag Parikh Flexicap Fund Mirae Midcap Edelweiss Smallcap
guest: Which shortterm fund is good to invest now?
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Depends on what is the period of investment - pls clarify that
guest: Hello Mrin Ji, I am senior citizen who want to invest in my grand-daughter name who is 16 years old now, amount will be around 500000 for her future savings, request you to please share which option is good should i invest lumpsum or in SIP or SWP mode.Thanks in advance.
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You can break up the amount in a 4-5 tranches and invest in equity MF - Parag Parikh Flexicap Fund , Mirae Midcap
guest: Hi Madam, We have HL in joint name for that EMI is paid from my account only & in this case can my spouse show this in IT returns, please let me know.
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You can claim home loan tax benefits only based on the amount each person pays for the EMI
guest: Hello Ma`am, I want to start SIP in ETF fund, so please suggest good ETF fund for the same amount will be around 5k.
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ICICI Prudential Nifty 50 index fund
guest: Is investing in Government bonds is good idea & how much locking period is there for the same & minimum amount.
:
You need to choose the bond based on how long you are willing to keep it locked in for. As such I would suggest a short duration debt fund like ICICI as the fund manager will decide which stocks to buy etc.
