[zurura023]

Originally Posted by shipnil

SEBI is just allowing the MFs to use this additional room that became available to do the fresh investments.

Originally Posted by SoumenD

Limit hasn't been increased AFAIK. Its just that if current valuation is below the limit, fresh investments are allowed.

Originally Posted by DaptChatterjee

Fresh investments are only allowed if stocks have been sold for redemption, no allowance for the decrease in valuation due to recent correction
Link

Much thanks guys. I jumped the gun there. Will need to monitor if there is any redemption in these funds which allows them to get fresh investments.

Originally Posted by Sran

I started this SIP purely for investment purpose, atleast for 10-15 years. This bear phase and its repercussions are going to last for a couple of years or more. My concern is the fund allocates almost a quarter to overseas companies, though it does include Alphabet and Microsoft.

Do monitor these and keep a exit criteria. But with MFs a periodic investment with a long term horizon of 10-15 years works wonders in my opinion.

[aadya]

Can esteemed forum member provide some information about Insta redemption option of mutual funds. It appears it has been temporarily disabled with Nippon AMC. Any idea about other AMCs. I could not find any circular/notification from SEBI or AMFI regarding the same.

[adi.mariner]

Hello. Any fund suggestions for parking some funds for around 6 months. Returns should be better than savings account interest rate and hopefully no principal erosion.

[warrioraks]

Originally Posted by adi.mariner

Hello. Any fund suggestions for parking some funds for around 6 months. Returns should be better than savings account interest rate and hopefully no principal erosion.

Your time horizon (6 months) and risk appetite (hopefully no principal erosion) is too less to consider anything outside liquid funds, ultra short term bonds or FDs.

I would suggest park the money in liquid funds, and forget about it it. Any time spent on analysing other instruments/fund types might not be worthwhile as everything else would provide gains in the same ballpark.

If you are willing to have a higher risk appetite and can afford to lose some part of the principal, then putting money in floating rate mutual debt funds might be an interesting option to look at.

[shipnil]

Originally Posted by adi.mariner

Hello. Any fund suggestions for parking some funds for around 6 months. Returns should be better than savings account interest rate and hopefully no principal erosion.

There was a time liquid funds offered a little better returns than FDs. Now it is more or less same, just few basis points difference. For 6 month duration, there isn't any difference in taxation either. My suggestion, invest in FDs.

[Fx14]

Originally Posted by aadya

Can esteemed forum member provide some information about Insta redemption option of mutual funds. It appears it has been temporarily disabled with Nippon AMC.

Since you haven't mentioned the amount to be redeemed, assuming it's not too large. Nippon AMC had an option of issuing an ATM / debit card to manage daily expenses / purchases against redemption of equivalent units. Check if it serves your purpose.

Originally Posted by adi.mariner

Hello. Any fund suggestions for parking some funds for around 6 months. Returns should be better than savings account interest rate and hopefully no principal erosion.

For total principal safety - Overnight Funds.

Liquid funds too reflected marginal erosion on a couple of days at the time of the recent interest rate hike.

[saket77]

These days, there isn't much difference in the return of overnight funds and liquid funds. May be even less than 0.10%. So, if you want safety of principal, then go for overnight funds.

Also, with increase in interest rates, FD returns have gone up to 5.75% for 1 year, so one can check that avenue as well; check for tax incidence and post tax return.

[Fx14]

Originally Posted by Fx14

Nippon AMC had an option of issuing an ATM / debit card to manage daily expenses / purchases against redemption of equivalent units. Check if it serves your purpose.

Received an intimation from Nippon AMC that this facility is now terminated with immediate effect due to a SEBI restriction on offering bundled services.

[earthian]

What is the merit in investing surplus cash in HDFC flexicap MF and HDFC large and middle cap MF? I am advised that both the Fund managers have shown good performance? Time horizon is 3-5 years and have balanced the equity exposure with safe debt funds and instruments.

Advice welcome.

[thirugata]

Originally Posted by earthian

What is the merit in investing surplus cash in HDFC flexicap MF and HDFC large and middle cap MF? I am advised that both the Fund managers have shown good performance? Time horizon is 3-5 years and have balanced the equity exposure with safe debt funds and instruments.

Advice welcome.

Flexicap fund manager has the flexibility to shift between large, mid and small cap stocks. So in a way flexicap fund and large and midcap funds are similar in terms of portfolio. Also both funds from same fund house means most of the holdings of these 2 funds mostly overlaps. if I was you I would pick 2 flexicap/multicap funds from 2 different fund houses with good track record.

[ramki067]

Hello, Looking for retirement corpus to be build with Mutual Funds. Basically will be investing for around 15 years in MFs. Kindly suggest how to go about selecting such MFs and also what to look if i need to change the funds now and then.

Thanks in advance.

[SoumenD]

Originally Posted by ramki067

Hello, Looking for retirement corpus to be build with Mutual Funds. Basically will be investing for around 15 years in MFs. Kindly suggest how to go about selecting such MFs and also what to look if i need to change the funds now and then.

Thanks in advance.

I don’t have much of acumen or patience to learn about stock market, hence invest majorly in index. 50% in indian index funds, 20% in US index and 30% in midcap funds . I try to maintain a 70:30 equity:debt ratio. Going forward planning to reduce mid-cap allocation and increasing US index allocation for diversification.

[thirugata]

Originally Posted by ramki067

Hello, Looking for retirement corpus to be build with Mutual Funds. Basically will be investing for around 15 years in MFs. Kindly suggest how to go about selecting such MFs and also what to look if i need to change the funds now and then.

Thanks in advance.

I am not suggesting any fund here.
Since you are looking at 15 yrs + horizon. Invest about 70 - 75% via SIP and accumulate the balance. Whenever you see more than 10%+ correction ( You get this dip at least once every year) in the market invest the accumulated money into these funds. That way you add more units when the market is down.

[skumare]

A few technical queries, thanks in advance.

I have a Demat account (NSDL) and it is linked to my trading account with ICICIDirect (ID).
a) If I purchase MF units thru ID trading account and have them linked/tagged to demat account, will these units reflect in holdings on MFU?
b) If I buy units on MFU and have them tagged to demat account, I guess the same cannot be redeemed on MFU, but can I do it on ID trading account?
c) If I buy units in non-demat/folio format on MFU, I guess the same will reflect in the NSDL CAS, but will the same reflect in holdings on ID trading account?

[whitewing]

Originally Posted by skumare

A few technical queries, thanks in advance.

I have a Demat account (NSDL) and it is linked to my trading account with ICICIDirect (ID).
a) If I purchase MF units thru ID trading account and have them linked/tagged to demat account, will these units reflect in holdings on MFU?
b) If I buy units on MFU and have them tagged to demat account, I guess the same cannot be redeemed on MFU, but can I do it on ID trading account?

ICICI AFIK does not sell direct plans, you will end up paying commissions for no good reason. I switched out of ICICIDirect for MF purchases some years back due to this. Strongly suggest switching to MFCentral/MFU/Kuvera or such.

MFCentral (https://app.mfcentral.com/investor/signin) shows the option for holdings in DEMAT form. Since I have chosen to retain folio based holding, can't comment on the data it shows.

Originally Posted by skumare

c) If I buy units in non-demat/folio format on MFU, I guess the same will reflect in the NSDL CAS, but will the same reflect in holdings on ID trading account?

My past experience was that, purchases made outside of ICICIDirect would not get listed in the portfolio summary in its portal, but would be seen in MFU.