Should I invest in mutual funds at the current market level

Good day Sir, I would like to invest some amount in mutual fund (Lump sum), Sir is it the right time for lump sum investment or need to wait for more correction. I am planning to invest around 1 Cr. Waiting for your valuble advise. Thank you

Dec 6, 2018 by James Araham, Delhi  |   Mutual Fund

We think, this is the right time to invest as the markets have corrected almost by 10% from the last peak, and therefore, offers a good entry point for long term mutual fund investors... Read More

Should I show mutual fund dividends in my Income tax return

I have invested in arbitrage funds and ELSS SIP. I am getting dividend reinvestment as well as dividend. I want to know where I should show these dividends in Income Tax and whether both dividends i.e reinvest and dividends out to be shown in Income Tax Return. Till know I used to file ITR 1 FORM and now should I continue to file ITR 1 or I have changed ITR FORM and if so which ITR form is to be used. Shall be grateful for your expert advice.

Jun 25, 2018 by R C THUKRAL, Delhi  |   Mutual Fund

Good to know that you have invested in Arbitrage Funds and ELSS Funds... Read More

In which debt mutual fund should I invest

I am planning to invest Rs. 6 lac in two debt funds. I am a long-term investor and request you to suggest two different debt funds for the same?

Dec 13, 2017 by Nagraj Madhavrao, Chennai  |   Mutual Fund

Thanks for writing to Bridge Investment Advisors. As you want to invest in debt funds for the long term and given the current interest rate scenario, we will suggest you to invest in Credit Opportunities Fund. You can go with the following two funds which have got... Read More

How do I know if my SIPs are registered with respective AMCs

I have some quarries regarding SIP investments - 1) I have started investing in SIP through finance firm in Mumbai (Samarth EduFin Services Pvt Ltd). I have send all required documents and SIP is expected to start from Nov 17, 2) My investments are:- Long Term - a) Aditya Birla Sun Life Equity Fund - Rs 4000, b) ICICI Prudential Value Discovery Fund - Rs 3000, c) Reliance Tax Saver Fund - Rs 3000, Short Term - d) L&T India Prudence Fund - Rs 2500, e) ICICI Prudential Savings Fund - Rs 2500, 3) My queries are:- a) How can I check authenticity of firm? b) Will the firm receive any percentage of my SIP profit? c) How can I check the SIP progress? d) Are the Investments done in above SIP worth it? e) What is advisable, investment in SIP through finance firm or UTI/ ET money apps?

Nov 6, 2017 by Sumit, Solapur  |   Mutual Fund

Good to know that you are starting to invest through mutual fund SIPs. However, you have not mentioned if you had given a cheque for starting the SIP when you sent the SIP application form to the said mutual fund distributor. If it is so, has the amount been... Read More

Have I selected the best ELSS mutual funds for saving taxes

I am Divya from Chennai . My age is 26. Initially for tax saving purpose, I have started investing in MF through SIP from last 6 month onwards in following funds - 1) ABSL Tax Relief 96 - Growth, 2) Mirae Asset Tax Saver - Growth, 3) Franklin India High Growth Companies - Growth. I am investing monthly 2000 on above mentioned fund each. Are these funds good for long term investment? Please suggest?

Oct 27, 2017 by J. Divya, Chennai  |   Mutual Fund

Thanks for writing to Bridge Investments. Happy to see that the funds you have invested in all are good performing. However, only the first two funds - ABSL Tax Relief 96 Growth and Mirae Asset Tax Saver Growth - are from ELSS category and qualifies or tax... Read More

Have I invested in best performing mutual funds

I am 30 years old investing in MF from last year onwards. I have invested through SIP in following four funds of each 2000 Rs. 1) ABSL Front Line Equity - Growth, 2) Most Focused Multi Cap 35 Fund - Growth, 3) L&T India Value Fund - Growth, 4) Reliance Small Cap Fund - Growth. I am planning to invest 10+ years. Please suggest me am I in a correct path?

Oct 23, 2017 by J. Ashok Kumar, Salem  |   Mutual Fund

Thanks for writing to Bridge Investments. Happy to see that that the funds you have invested in all are good performing from their respective categories. You have equal SIP allocation of 25% each in large cap, diversified, mid cap and small categories... Read More