[DigitalOne]

Originally Posted by DaptChatterjee

They are adjusting the new investments against redemptions so that the amount invested overseas remains unchanged.

That would work only if the amount that can invested by an AMC got frozen when the overall industry wide limits was reached in 2022 i.e. there is a 'quota' which got implicitly allotted to each AMC in 2022. Only then can an AMC adjust against their own allotted quota. I don't think this is the case.

[civic-dk]

I have my son's and daughter's weddings coming up in next 2-3 years time. I am thinking of creating a sip for the marriage expenses. I believe the mutual fund I choose for this should be a low risk one with moderate returns. Look forward to inputs from esteemed members on what are good mutual fund schemes meeting this criteria.

[skchettry]

Originally Posted by civic-dk

I have my son's and daughter's weddings coming up in next 2-3 years time. I am thinking of creating a sip for the marriage expenses. I believe the mutual fund I choose for this should be a low risk one with moderate returns. Look forward to inputs from esteemed members on what are good mutual fund schemes meeting this criteria.

For such a short duration, I don't think you have much options in the MF space. Debt Funds or the at most very conservative Hybrid fund could be the only options. Expected returns could be in the range of 6-8%.
Regards
Sravan

[srsrini]

Originally Posted by skchettry

For such a short duration, I don't think you have much options in the MF space. Debt Funds or the at most very conservative Hybrid fund could be the only options. Expected returns could be in the range of 6-8%.
Regards
Sravan

Just to be clear, debt funds are also mutual funds. In fact there are more categories in debt funds than equity funds.

Originally Posted by DigitalOne

I still have not understood this. If this is an industry wide limit how some funds are still accepting fresh investments?

ps - An industry wide limit seems anti-competition and unfair to new entrants. Wondering why the AMCs are not objecting to it.

There are industry wide limits - imposed by RBI, and then SEBI put AMC wide limits. There are also two separate categories - funds that invest in securities (like MO does), or funds that invest in ETFs.

BTW, most current transactions in ETFs are exchanges between people - additional units are not getting created. Hence the premium.

[pradkumar]

A new category of debt funds that are taxed at 12.5% if the holding period is more than 24 months.

https://youtu.be/0m6IKieJ8dY?si=WWNTGyZN15B8gxig

I looked at the portfolio of Kotak Income Plus Arbitrage FOF - Direct Plan. AAA securities is 52.85% and SOV is 14.81%. AA and unrated are just 0.32 + 0.17%. The rest 31.97% is held in cash, which means arbitrage. That is fairly safe because it is hedged. We don't have enough info about Macaulay duration that indicates interest rate sensitivity. That is because it has been reconstituted as a new fund.

The expense ratio is 0.10%.

[Ananthang]

Originally Posted by civic-dk

I have my son's and daughter's weddings coming up in next 2-3 years time. I am thinking of creating a sip for the marriage expenses. I believe the mutual fund I choose for this should be a low risk one with moderate returns. Look forward to inputs from esteemed members on what are good mutual fund schemes meeting this criteria.

Since the time frame is too close, best is to keep it in FDs and Post office schemes. World is very uncertain now, due to Donald Duck tariffs. There is no time to recover if there is a slide.

[whitewing]

Originally Posted by pradkumar

...
I looked at the portfolio of Kotak Income Plus Arbitrage FOF - Direct Plan...
The expense ratio is 0.10%.

Please note this is a FOF which holds other mutual funds/securities that match the stated investment goals.
This will imply that the expenses incurred with the underlying MF holding is in addition to the expense ratio stated in this fund.

The current portfolio & underlying expense ratio is as below

• Kotak Corporate Bond Fund - 57.01% of portfolio with Expense Ratio (Direct) 0.34%
• Kotak Equity Arbitrage Fund Direct Plan Growth - 38.79% of portfolio with Expense Ratio (Direct) 0.44%

So, the actual expense ratio will be far higher than the stated 0.10%

[saket77]

Originally Posted by pradkumar

The expense ratio is 0.10%.

Expenses ratio started for all FoFs is in addition to the expenses of the ETF it invests into; so it is actually higher.

[pradkumar]

Thanks! I didn't know that expense ratio of FOF is different. Value research and morningstar.in puts the expense ratio as 0.10%.

Originally Posted by saket77

Expenses ratio started for all FoFs is in addition to the expenses of the ETF it invests into; so it is actually higher.

[DiMaGo]

Hi Everyone - I needed some suggestion on Gold ETFs.
Off late I have been thinking hard to invest in Gold ETFs. This urge is NOT due to the recent surge in Gold Price but, an urge for a long-term reliable, safe and relatively risk-free [compared to Stock market volatality] investment.

From the internet, I have understood that LIC Gold ETF, Invesco Gold ETFs and IDBI Gold ETFs have all performed good over some duration of time.

Can the experts here please shed some light on below points:
a. Are Gold ETF investments advisable now [with gold prices at all time high]?

b. Should we hold off with Gold ETFs until the gold prices stabilise?

c. Would my investment in these Gold ETFs be comparatively risk free?

d. Is Gold ETF a suitable investment option for long-term [about 15 years]?

e. Would buying physical gold [gold bars/biscuits] from any of the Gold retailers [like Bhimas, Tanishq, etc.] more suitable compared to Gold ETFs?

f. Instead of Gold ETFs, should I invest in Gold Locker facility in apps like GPay, etc. since with such modes, the added burden of 'storing' gold is not there.

Requesting answers so that I can take my decision early. Kindly note my other modes of investment are covered under the new Tax regime with a running Home loan too!

[Raghav96]

Hello all,
Need advice from the experience investors.

I started my investment journey last year and currently the portfolio is at no profit no loss.
Current SIP are in below mentioned funds:-
1. Icici blue chip fund direct growth (33% allocation)
2. HDFC balanced advantage fund direct growth (25% allocation)
3. Nippon india small cap direct growth(~42% allocation)
As I have a sizeable corpus to invest hence looking for advice. Investment horizon is ~10 years.

Shall I add other funds to manage risk? If yes, then please advice which funds.

We as a family mainly invest in real estate but trying to diversify the investment this time.
I am also open to financial planners too in Gurugram.
Help is much appreciated.

[sharmanova]

Originally Posted by Raghav96

Hello all,
Need advice from the experience investors.

Not a expert and a investor yet, so please cross check this with your advisor!

An ideal SIP mix would be something like this:

Nifty50 Index/Large Cap/Blue-chip MF: 40%
Midcap/Flexicap MF: 30%
Smallcap MF: 20%
Gold ETFs/Debt MF: 10%

Based on historical performance, this portfolio could yield returns of 14-15% per annum in the long term .

[Ananthang]

Originally Posted by Ananthang

Thanks DigitalOne, yes all are joint accounts and we just removed his name as per Govt process. There are no ongoing SiP, but 1 or 2 minor investments are there in his name which we have to change but those are less than 10000.

I assume Aadhar is invalid on death of a person and so the investment may fail KYC, else I will wait and redeem but I am not sure.

I will try once with Kotak MF AMC.

Just an update to everyone on the Mutual Fund that I accidently bought on my deceased father in laws name through his online profile.

The Mutual funds got allocated without any trouble and there was no check anywhere on the system I guess for validity of Aadhar or PAN. Anyways I was able redeem all units back after 45 days to avoid Exit load. The bank processed and redemption got credited. The bank profile was already mapped in the profile, we just removed his name post his death but account number remained same. So guess it is largely driven by Account number for redemption process. By Gods without trouble for my mother in law, I was able to get the money back with a small profit iof INR 700.

[vijaykr]

Originally Posted by Raghav96

Hello all,
Need advice from the experience investors.
......

We as a family mainly invest in real estate but trying to diversify the investment this time.
I am also open to financial planners too in Gurugram.
Help is much appreciated.

I would strongly recommend you to review the list of financial planners for one who is based closer to you and get professional advice as you mention large corpus.

https://www.feeonlyindia.com/

I believe this process will be worth it for the fee you pay and you should get unbiased, objective advice on a go-forward plan. All the best!

Note that I am not associated in any way either with this site or any of the listed planners

[deepak_misra]

Originally Posted by vijaykr

I would strongly recommend you to review the list of financial planners for one who is based closer to you and get professional advice as you mention large corpus.

https://www.feeonlyindia.com/

I believe this process will be worth it for the fee you pay and you should get unbiased, objective advice on a go-forward plan. All the best!

Note that I am not associated in any way either with this site or any of the listed planners

I would second this suggestion but feel that you dont need to go top someone nearby. This field has worked quite well in online mode. You might not get spectacular returns, but the the chances of losing money is also reduced. Moreover it is important to align the investments to goals and having an unbiased third person doing this really helps.
Now regarding your query, I have a counter query:
On what basis did you pick up the funds you selected? My personal opinion is that there is a lack of coherence but then that this is just my opinion and I am far from being an expert. If you have selected these funds using some logic or algorithm, then stick with it.
Do note that you should not be monitoring your returns in a short period. Equity is for > 10 years and daily monitoring is not good for your blood pressure.