Which is better, PPF or ELSS for tax savings?
From a tax savings perspective, the ELSS scores over PPF as the lock in period for ELSS is only 3 years, whereas it is 15… Read More »Which is better, PPF or ELSS for tax savings?
Ram Kalyan Medury
Is it the right time to invest in L&T Infrastructure Fund Direct Growth?
The fund mentioned (L&T Infrastructure Fund) is a sectoral fund. In general, we suggest that a long term investor should avoid sectoral funds. The reasons… Read More »Is it the right time to invest in L&T Infrastructure Fund Direct Growth?
Is it mandatory to have a cheque book to invest in mutual funds?
With options like emandate allowing to use your Aadhaar looked bank account, it is not necessary to carry your cheque book with you. Net banking… Read More »Is it mandatory to have a cheque book to invest in mutual funds?
I want to start mutual fund. In which company should I register?
To start mutual fund investing, go for a direct mutual fund platform that helps you invest only in Direct Plan Mutual Funds. You then get… Read More »I want to start mutual fund. In which company should I register?
What is the charge/fee for a CAMS mutual fund service?
With CAMS or Karvy, there are no charges as such if you invest in direct plan mutual funds. If you do not invest in ‘Direct… Read More »What is the charge/fee for a CAMS mutual fund service?
Can I start SIP initially with ₹ 10000 monthly for first few years and ₹ 5000 monthly thereafter?
Yes you can start with an SIP of Rs 10,000 monthly. After a few years, if you wish to reduce the amount, you can simply… Read More »Can I start SIP initially with ₹ 10000 monthly for first few years and ₹ 5000 monthly thereafter?
When it comes to the stock market, how do you define a balanced portfolio?
A balanced portfolio is one that is aligned to your requirements and special needs. It is not the same as a balanced fund. Let us… Read More »When it comes to the stock market, how do you define a balanced portfolio?
Can we increase the amount in mutual funds while investing?
Yes, you can invest as much as you can. You can open more SIPs with higher instalments. Some AMCs even offer facility to increase SIP… Read More »Can we increase the amount in mutual funds while investing?
What is the maximum limit that I can invest in L&T Emerging Businesses Fund yearly through SIP route if eKYC is done using Aadhar?
The maximum amount that you can invest in any AMC (all funds combined together) is Rs 50,000 per year. You can do your eKYC with… Read More »What is the maximum limit that I can invest in L&T Emerging Businesses Fund yearly through SIP route if eKYC is done using Aadhar?
Which fund should I invest in for a period of 6 months to get a safe and better returns?
For only 6 months, safety is paramount. Invest in good quality liquid funds that give better returns than bank deposits. Avoid long term debt funds… Read More »Which fund should I invest in for a period of 6 months to get a safe and better returns?
