Best 10 Mutual Funds to Invest in India for 2014

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• I have invested 19lakh at ICICI PRUDENTIAL MULTI GROWTH MUTUAL FUND during Nov.2019. I am getting monthly divident of around 20k. Now, my question is how much I will be affected during the present cornovirus cases and if it continues for another 6 months or more.My NAV decreases below 18L. How my NAV will decrease further at maxim.

  • Dear Tarun,
    What prompted you to choose this fund?

• Hi,

  I have invested in ICICI Wealth builder II. I am paying the premium of 1,20,000 per annum. I am looking for investment for more 10-15 years. Do you think that this is the good option or should i surrender the policy. As of now, I have paid just one premium.

  Thanks,
  Anuj Jain

  • Anuj-When you bought this?

    • In July, 2016.

      Thanks,
      Anuj

• Hi,
  Hope you are doing good!
  Im Sheetal, a NRI and iam looking for a yearly investment for like next 5 years. One of the ICICI represntative suggested me ICICI pru Maximizer fund V weatlh builder investment plan. He says that on paper ofcourse they say that they will give 8% but they will be investing in equity which will eventually give 14% interest.
  So for eg if i Invest 1 lak per year then my actual investment after 5 years would be 5 lak but with 14% recurring interest i will get around 9-9.5 lak. Not sure if this actually happens.
  I need your expert suggestion on such investment and would also like to hear your recommendation so as where to invest
  Thanks!

  • Hi,
    By saying NRI deposits , do you mean fixed deposits under NRI account.
    Thanks !

    • Sheetal-Yes..simple and easy for your understanding :)

  • Sheetal-I am fine and hope the same with you too. First thing, stay away from these bankers. Nowadays they turned to SELLERS than providing you banking service. They are the dangerous species nowadays. Coming back to your investment, equity product is not suitable for your timeframe. Can the so-called bank representative give in written that it gives you more than 9% return (forget about his big claims of 14%)? If so I am also ready to invest :)
    Don't fall into such trap. If your timeframe is just 5 years and considering your residential status, I suggest NRI deposits (which are tax-free).

• dear sir/-
  mee 1 sbi midcap plan lena chati hu monthily plan, maanthily me rs-3000 rupices hoga term 20 yers rehega to maturiti kitne salo me hoga or kitna maturiti melegi please answer

  • Rajkumar-Whether it 20 years or 100 years, proper asset allocation is key to success. You have not created debt portfolio and also investing in single mid cap fund is not good.

• Dear Basu,
  Now after having a clear idea and coming to a conclusion I had started investing Rs. 10,000 in MF flexi - sip from december-2015 from my trading account mentioning a investment span of 5 years.
  1. franklin india prima plus- 2000
  2. franklin india blue chip -3000
  3. icici pru focussed blue chip fund-3000
  4. icici pru value discovery fund-2000

  what happens if i forget to invest the flexi-sip for a month or stop and switch over to another fund? Can the term be increased or decreased?

  Also took a pure term plan 2cr from icici pru Jan -16, also hav LIC JA -5lk SA and money back and one more small policy. Also ppf was continued from 4years to the full eligible saving extent.
  Last year starting dropped all other 5 ulip policies (some under loss) and took a flat with that amount and registered remaining on loan. 1st home loan remaining balance was cleared.

  I want you to suggest some more investment options in MF like equity,debit, FMP or some other NPS, annuity to create corpus for the retirement fund and children education. 1st child-7yrs and 2nd baby- 09 months. Instead of going with bank RD Iam thinking to open an ppf a/c in the name of both the kids also. Can invest 10-20 k.

  Please suggest.

  • Sekhar-Equity investment for a period 5 years? I simply avoid it. Why you selected Flexi SIP? If you have term insurance then why LIC JA, Money Back and other ULIPS? the problem with you is, you are eager to invest, but don't know why, when you need and how much to expect.

    • Sir,
      1.It was just the starting in MF inverstments and max term available 120months in my trading a/c and my requirement is after 10 years when my elder kid (7yrs) finishes his collage.
      2. Thinking that whenever i have a chance to invest some more in between i had opted for flexi-sip
      3.No ulips at all, Small money back 3000yrly premium took 17yrs back (term 25yrs pay20yrs) and LIC JA 6yrs back. Just recently opted for the term insurance.

      Similarly for the 2nd kid (10months) after 15-17years term

      I understand what u mean

      Please suggest

      • Sekhar-1) In that case retain one large cap of Franklin and a multi-cap of ICICI. But with a ratio of equity to debt 50:50.
        2) I answered already.
        3) Then, try to come out of those other insurance policies at the earliest.
        4) For second kid also, you can use the same funds and add one small and mid cap fund. Ratio of equity to debt must be 70:30.

        • thank u for the advise, i will try to close those which were not so important. And, will also start to invest as suggested 1small cap and 1 mid cap.

          Just 1 query,
          Is there any difference in investing MF sip/flexi sip through - demat trading account or the individual fund websites.

        • Sekhar-Flexi SIP makes you flexible. I suggest a proper monthly strict investment to reach any goal. Demat account is not required for investing in mutual funds.

• i have invest in birla sunlife advantage growth direct
  and hdfc reitrement saving fund so i have take correct decision or not?

  • Prashant-Without knowing much about your goal, waiting period and what prompted you to select these funds ONLY, how can I guide you?

• Hi Basavaraj, i am yogender pal, i want to invest Rs.2000/. please suggest me in which mutual fund is best for next 6 to 8 years.

  • Yogender-Please read my latest post "Top 10 Best SIP Mutual Funds to invest in India in 2016".

• Hello Basu....Hope everything will be great. I have term plan, Jeevan ankur policy for kid & health insurence as a back up and aa good amount for financial safety of my family. But for the future better returns, i want to invest in SIP & i am selected some funds.
  Birla MNC fund-5000
  SBI blue chip equity fund-3000
  Axis long term equity fund-4500
  SBI small & mid cap-3000
  Reliance equity opp-2500
  Birla top 100-2500
  IDBI diversified equity-2500
  Reliance small cap-2000

  Please provide guidance
  Thanks regards
  Sandeep

  • Sandeep-How you arrived at these funds?

• Hello, I am an NRI. Started investing in 2011 April, all growth.
  20K/ month - HDFC Top 200 ( this was stopped last year since they stoppped taking NRI investments)
  10K/ month - IDFC Premier Equity - IDFC PEF-Gr-(Dir Pln).
  10k/ month - RELIANCE REGULAR SAVINGS FUND - EQUITY PLAN - DIRECT GROWTH

  I see not so good ratings for IDFC & Reliance currently. should I switch or continue . plz advice

  Also what will happen to HDFC fund if I dont withdraw and let it sit ? will it continue to grow ?

  • Saloni-Never run behind ratings. Will you again change if the 5 star rated fund downgrade to 2 star? Yes, if you stop the investment in HDFC, then the invested value will grow as usual.

• Hello Bassu, i am Sandeep . please suggest some good Short term funds. Want to invest 30000 per month for 2 years.

  • Sandeep-Use RDs rather than debt funds.