DWQA User Profile Ashish ShrivastavaQuestions(4)Answers(2)Posts(0)CommentsDear Sir,Here is my investment summary.1) Axis Focused 25 Fund - Gr : 75000 Invested2) Axis Long Term Equity Fund - Gr : 280003) Canara Robeco Equity Diversified Fund - Gr : 720004) Invesco India Contra Fund - Gr : 650005) Kotak Equity Arbitrage Fund - Gr : 970006) Kotak Standard Multicap Fund - Gr : 680007) Kotak Tax Saver - Gr : 215008) L&T Midcap Fund - Gr : 750009) Mirae Asset Tax Saver Fund - Gr : 3250010) Motilal Oswal Long Term Equity Fund - Gr : 9600011) Nippon India Low Duration Fund - Gr : 10000012) Nippon India Tax Saver Fund - Gr: 7500013) TATA Short Term Bond Fund Regular Plan - Growth: 13500014) SBI Savings Fund - Gr : 5000SIP are as follows1) L&T India Value Fund - Gr : 1100/Month2) Axis Multicap Fund - Gr : 3000/Month3) HDFC Mid Cap Opportunities Fund - Gr : 2000/Month4) L&T Emerging Businesses Fund - Gr : 2000/Month5) L&T India Value Fund - Gr : 3000/MonthOn Answer for Low SIP returns – is SIP mode really good?Dear Sir,Would you suggest me to take that "Pension insurance plan" . My age is 32 years ?On Answer for Tax Saving option for my FatherDear Sir,My objective of 1100/month SIP is for retirement and I will continue this policy until my 60 years of age.Yes I do invest in other MF scheme too. On Answer for Low SIP returns – is SIP mode really good?Dear Sir,Plan name is : Kotak Cashback Pension.Asked a question to save tax for father. He will pay premium.Plan is basically combination of 2 plan :Kotak Assured saving plan and Kotak Lifetime income plan. On Answer for Tax Saving option for my FatherHi Sir,ELSS , SIP and Debt fund were selected by me after consulting with my Financial adviser.Other Equity funds are automatically selected by MARS ( NJ offering ). On Answer for ELSS ( Tax saving mutual funds)Hi Sir,Here is my investment details in MFInvested in Following Debt fundAditya Birla Sun Life Medium Term Plan - GrowthKotak Income Opportunities Fund - GrReliance Money Manager Fund - GrSBI Savings Fund - GrSBI Short Term Debt Fund - GrInvested in following Equity fundAditya Birla Sun Life Advantage Fund GrDSP BlackRock Opportunities Fund - GrInvesco India Contra Fund - GrKotak Select Focus Fund - GrMotilal Oswal MOSt Focused Multicap 35 Fund - GrInvested in following ELSS fundReliance Tax Saver Fund - GrMotilal Oswal Most Focused Long Term Fund - GrKotak Tax Saver - GrAxis Long Term Equity Fund - GrSIP in following fundL&T India Value Fund - GrOn Answer for ELSS ( Tax saving mutual funds)Dear Sir,Thank You Sir for responseFollowing is the link for MARS overview, if you are interested in knowing more about ithttp://www.njwebnest.com/esaathi/index.php/nj-marsThanks & RegardsAshish ShrivastavaOn Answer for Taxing ULIPs and Mutual FundsHello Sir,Thank you !!1) I'll ask her to go with mutual fund instead of ULIP plan.2) Actually she is saving money for marriage so she has almost 15 years and 20 years respectively and amount should be divided 6000 for 15 years and 4000 for 20 years3) We are ready to take risk and I believe in long term say 15 years or 20 years risk is minimum.4) Could you please suggest best mutual fund for investment purpose also how much should I divided into each suggested MF.Thanks & Regards,Ashish ShrivastavaOn Answer for Taxing ULIPs and Mutual FundsCrop
