[saket77]

Originally Posted by Pancham

So everything remains as it is and they deduct the next instalment in the following month?

Yes. Your SIP will continue as it was.

[Pancham]

Originally Posted by saket77

Yes. Your SIP will continue as it was.

Thanks a lot. This was very helpful.

[SoumenD]

Originally Posted by carboy

1. No, it's not. You need to sell & buy.



2. Tax implication is whatever is the tax implication for selling which depends on whether it's a debt MF or equity MF. It will be treated as regular MF sale
.

Thanks for the pointers. So I redeemed some of the units under SBI & ICICI blue-chip regular fund which were more than a year old (LTCG). Now I want to park this money in direct funds. Have registered with HDFC,SBI & Axis AMCs. Which debt funds among these 3 are advisable for lumpsum investment?

Or is it better to invest in smaller chunks over few months in any small cap/hybrid fund?

My investment horizon is long term(read 5+ years)

TIA

[pgupta]

Originally Posted by SoumenD

Thanks for the pointers. So I redeemed some of the units under SBI & ICICI blue-chip regular fund which were more than a year old (LTCG). Now I want to park this money in direct funds. Have registered with HDFC,SBI & Axis AMCs. Which debt funds among these 3 are advisable for lumpsum investment?

Or is it better to invest in smaller chunks over few months in any small cap/hybrid fund?

My investment horizon is long term(read 5+ years)

TIA

Normally long term horizon reduces risk of loosing capital but it all depends on the goal for which you are investing. I would only invest so much money in small cap which I do not need on a specific time and am ready to leave it invested if market conditions are not favourable. Otherwise, I will go for debt fund depending upon their investment strategy as not all debt funds are similar.

[creative420]

I've been investing via Fundsindia for about 4 years now. My aim was to hold all my SIPs in one place and I'm quite satisfied by the platform. I've achieved my tax-savings objective, now I want to venture into the moderately-riskier territory. So, I was wondering whether I should stick to FundsIndia, or directly buy from my Kotak Bank Account?

Also, for someone who wants to take moderate risks, what kind of funds should I look at? You can suggest a fund too, but right now I want to know whether I should get into largecaps or bluechip or mixed? Growth based or dividend based? As you can gather I don't have much clue, so go easy on me

[Latheesh]

Originally Posted by bullrun87

You should choose corporate bond funds, banking and PSU debt funds and short term funds that invest in high quality papers.

Thanks.

I have moved some cash from savings account to Franklin India Corporate Debt Fund. I have an FD maturing in few months, do you suggest moving this to same fund? Should I go for lumpsum or over 6 months?

[bullrun87]

Originally Posted by Latheesh

Thanks.

I have moved some cash from savings account to Franklin India Corporate Debt Fund. I have an FD maturing in few months, do you suggest moving this to same fund? Should I go for lumpsum or over 6 months?

Corporate debt funds and banking and psu debt funds are ideal for any investment horizon over 3 years.

Franklin India corporate debt fund did not always invest in quality AAA papers. It became a corporate debt fund in april 2018 after sebi reclassification norms. you must take its return history with a pinch of salt. In its previous avatar it held risky papers. It also has 18 percent of its portfolio in top 3 holdings. In the corporate bond space, I prefer more diversified offerings from aditya birla sun life, kotak, IDFC and ICICI. So you should keep the franklin fund but make new investments in these funds.

[Old_Salt]

I had exited the MFs back in 2009 and focused only on NRI Fds which are tax free. After making some decent returns through the years, with interest rates dipping, i am looking to explore MF again. Planning to start with a SIP of around 60k/month, will slowly increase with time. I have got some real good information from the thread and have finalised 3 funds.
Mirae Asset Emerging Bluechip Fund - 20k/month
UTI Nifty Index Fund - 20k/month
Parag Parikh Long Term Equity Fund - 20k/month.


I am also keen on investing in Kotak Standard Multicap Fund, any suggestions on the choice of funds will be greatly appreciated.

I have not selected any debt / liquid funds as of now, will start looking at them as and when the FDs mature.

[DCEite]

Guys,

There is a requirement to invest X amount per month for a goal 5 years away.

Since the goal is not very long term and already invested in pure equity funds, i need to invest for this goal purely in : Hybrid Equity-oriented funds - Moderate/Low Risk, and Debt funds - Short/Long term.

I am thinking of investing in 4 different funds:

X/4 per month goes to each of:

1. ICICI Pru Equity & Debt Fund(G)
2. ICICI Pru Regular Savings Fund(G)
3. Kotak Corporate Bond Fund(G)
4. HDFC Corp Bond Fund(G)


Please let me know if the above allocation of funds is ok or is there any tweaking required. Thanks!

[JoshMachine]

Originally Posted by creative420

I've been investing via Fundsindia for about 4 years now.I've achieved my tax-savings objective, now I want to venture into the moderately-riskier territory. So, I was wondering whether I should stick to FundsIndia, or directly buy from my Kotak Bank Account?

Sticking to, or investing via Fundsindia platform or your Kotak bank, has perhaps no relation as such to venturing into moderately riskier instruments.

At best, Fundsindia can probably suggest a wider portfolio of where to invest, without getting biased by a specific AMC or suite of products. Since you have an existing relationship with them, it might be easier for you to ask them different options.
On the other hand, Kotak guys may have vested interests to push only their products to you - which may not be the "best of breed".

Also, for someone who wants to take moderate risks, what kind of funds should I look at? You can suggest a fund too, but right now I want to know whether I should get into largecaps or bluechip or mixed? Growth based or dividend based? As you can gather I don't have much clue, so go easy on me

You may want to look at hybrid funds, which are further divided into hybrid aggressive(high equity x low debt) or hybrid conservative (high debt x low equity).
Although this is not something set in stone, since there are other factors like your investment time horizon, type of goals you want to achieve, your risk profile etc.

The Fundsindia guys,should you choose to take advice from them,could help in this regard too.
Ofcourse, there are so many other platforms, agencies who can give similar advice.

The devil is in the details of planning, so you will have to get down to the nth level of why you want to invest with what objectives

[huntrz]

I think people should take a look at the Focused fund category with a different perspective now. Earlier before SEBI reclassified the different mutual fund categories these focused funds were a part of equity diversified category. But after re-classification all equity-diversified customers started looking into multicap category(Focused fund is a new category now). But focused funds are also multicap only as they are not limited by market cap of company by definition. What makes it interesting is that in order to keep the number of stocks limited they will primarily invest in large caps(after they attain a reasonable size). As the fund grows it will not find many mid and small caps which have enough liquidity in the market to offer the quantum of share the fund will be looking to buy. So in a way they will mostly be like a large cap fund investing in quality large caps, there by making it safer, except they can still invest in few "large midcaps" for the additional kick. Just take a look at the performance of SBI focussed and AXIS focused funds. They have given phenomenal return while shielding the downside very well. Valueresearchonline lists focused funds in multicap category. If you check the long term performance of funds there many if not most top performers will be focused funds.

On a different note I am wondering how long will the Kotak standard multicap fund standing at 29000 crore remain a top performer. Given its size is larger than many midcap companies. Consequently either it will have to dilute its portfolio by adding too many stocks or it will have to invest mostly in large caps which is what it is doing now. For now since the large caps have been performing well since past 2 years hence it is doing good but I am not sure how will it sustain the performance when the rally moves to mid and small caps. A very large fund investing in mid and small caps doesn't work as the number of stocks will bring down the performance of the fund.

[graaja]

Hi All,

Does MF Utilities support online transactions or only offline? I have been allocated a CAN number, but not able to find any option to invest online.

Thanks in advance for all pointers.

[pradkumar]

I am assuming that you are new to MF Utilities since you have not given any details. Did you write back to MF Utilities about the new CAN number? They enable transactions only after you write back the first time around.

I suggest you write back to them saying that you have the CAN number and what is next?

I hope this helps.

Thanks,

Pradeep

Originally Posted by graaja

Hi All,

Does MF Utilities support online transactions or only offline? I have been allocated a CAN number, but not able to find any option to invest online.

Thanks in advance for all pointers.

[shipnil]

Originally Posted by graaja

Hi All,

Does MF Utilities support online transactions or only offline?

I think the website mentions that once you get CAN allocation email, you have to reply from the same email account asking them to enable online transaction facility. After that they enable it.

That is what I had done when I got my CAN.

[graaja]

Originally Posted by pradkumar

I suggest you write back to them saying that you have the CAN number and what is next?

Originally Posted by shipnil

I think the website mentions that once you get CAN allocation email, you have to reply from the same email account asking them to enable online transaction facility. After that they enable it.

Thanks a lot for the response. I have sent an email requesting them to enable online transaction facility. Will update once this is done.