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Gaurav Mashruwala

Certified Financial Planner ,

Investment strategies for a secure future

 

Questions Answered

Q

nev38: Sir, What investment options do NRI`s hold in India, besides Real estate & FD`s?

Gaurav Mashruwala: NRI can invest in direct equity, mutual funds, gold/bullion
Q

pandherds: Sir, I am a Senior Citizen and would like to get a regular Income/Pension of Rs.50,000/-per month(Rs.60,000/-PA)I have a MF Investment of Rs.50L in Capital Protection/Close Ended Funds.I have a SIP of Rs.23000/-PM in 5 Top Equity Mutual Funds.Pl help me ?

Gaurav Mashruwala: Firstly if you want regular income then why are you investing in SIP? Ideally stop investing in SIP. This will save you Rs 23,000.00. For balance Rs 27,000.00 consider (i) Mutual Fund Monthly Income Plan (ii) Senior Citizen Saving Scheme (iii) Post-office monthly income plan. Excess amount after this investment should be deployed for long term in equity/gold oriented funds.
Q

rahulgarg87: Dear Sir, Currently I have investing a sum of Rs.7000/- per month from last 1 years (Rs.2000 in PPF) and Rs.5000/- in MF - HDFC 200 Rs.500/- , ICICI Bluechip @ 2000/-, Sundaram Midcap @ 500/-, HDFC Midcap @ 1500/- and Reliance Gold @ 500/-. How much i get after 10 years, and your view of the above folio.

Gaurav Mashruwala: Returns from PPF are assured. Equity funds may generate about 15%/18% annualised with lots of volatility. However these are not certain.
Q

guest: What is the best option to save tax under 80C...am a salaried person.

Gaurav Mashruwala: This is based on you financial goals. If you need funds in near term choose debt instruments like NSC/Bank FD. If you wish to plan for retirement opt for PPF, Retirement plans of mutual funds, if you need regular income and you are senior citizen go for senior citizen saving scheme and if there are other goals which need equity investment go for ELSS
Q

vinaysaini29: Hi Can u suggest me funds to invest in ELSS? Will a strategy of Rs 500 per fund per month is a good strategy to invest across 16 funds? Please suggest

Gaurav Mashruwala: Rs 500.00 per fund across 16 funds is not a very good strategy.
Q

rajatpassi1: Pls pick two of the four funds for long term investing-HDFC Equity or Quantum Long Term Equity or ICICI Pru Dynamic or Birla SL Frontline Equity.

Gaurav Mashruwala: ?????????????
Q

guest: How to Make wise Investment from Tax savings perspective & return perspective in Insurance & Stocks. How to provide weightage & what percent should be invested in stocks every year.

Gaurav Mashruwala: Insurance is not investment. Do not invest in insurance from investment perspective
Q

nilee12: Should one invest in gold etf for long term?

Gaurav Mashruwala: Always
Q

nev38: Sir,Can NRI`s invest in mutual funds ? Please suggest some funds for 7yrs to 10yrs span for growth & investment.

Gaurav Mashruwala: NRI can invest in Mutual Funds
Q

mitikacshah: What do you think will 2015 see a change in the investment perspective of people?

Gaurav Mashruwala: Focus on your financial goals. Do not invest from perspective of other people
Q

DNRAO123: i want to invest around 15,000 to 20,000 per month for next 6 years. for children eduction suggest me good mf sip`s presently having sip of hdfc top 100 and hdfc prudence for rs.1500/- each. sundaram bnp paribas smile fund 1,500/-, icici pru discovery 1000/-.

Gaurav Mashruwala: I would refrain from commenting scheme specific queries. However investing in equity based fund for 3/4 years and then shifting to debt funds is good strategy.
Q

DNRAO123: i want to invest around 15,000 to 20,000 per month for next 6 years. for children eduction suggest me good mf sip`s presently having sip of hdfc top 100 and hdfc prudence for rs.1500/- each. sundaram bnp paribas smile fund 1,500/-, icici pru discovery 1000/-.

Gaurav Mashruwala: Already responded
Q

rahulgarg87: Can I go for the same or make some changes.

Gaurav Mashruwala: Always decide on financial goals first. Do not choose schemes without articulating financial goals
Q

mr.yogi97: Dear Sir, I have SIP IN HDFC 200 OF 4000/MONTH & IN IDFC PREMIER EQUITY 2000/MONTH . Are both the funds are ok

Gaurav Mashruwala: If they are helping you reach your desired financial goals, based on overall financial plan created by you then they are fine. If you do not have financial plan and if you have not articulated your financial goals then none of the funds will be of use to you.
Q

guest: I am Anuj Chordiya,Age 25,residing in Pune.I have started SIP for myself and my family in the following funds from August 2014 and would like to invest for next 5-7 years.Please help whether funds selected by me are good funds. Name of Fund Amount UTI EQUITY FUND 2000 FRANKLIN (I) SMALLER COMPANIES FUND 7000 RELIANCE EQUITY OPPORTUNITIES GP ( EO-GP) 4000 HDFC MID CAP OPPORTUNITIES 3000 UTI OPPORTUNITIES FUND (G ) 2000 BIRLA SUN LIFE TOP 100 Fund(G) 5000 HDFC PRUDENCE 1000 SBI LONG TERM GILT FUND 1000 AXIS LONG TERM EQUITY FUND 2000 ICICI PRUDENTIAL TAX PLAN 3000 RELIANCE TAX SAVER 7000

Gaurav Mashruwala: Dear Anuj, it is heartening to know you are investing for family from young age. Prudent strategy will be to articulate financia goals first. Later based on goals if they are long term (7 years +) opt for equity funds, near term (upto 3 years) opt for FD or debt funds and for interim period go for combination. Also do not increase the number of scheme beyound 6/8.
Gaurav Mashruwala: Good bye
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