In this mutual fund Q&A video, we answer viewer questions related to MIP, long term capital gains tax and regular investments for goals
Edited highlights
0:10 In this mutual fund Q&A video, we answer viewer questions related to MIP, long term capital gains tax and regular investments for goals
1:02 Raghu Nandan asks for best MIPs funds
1:13 We would like to suggest ICICI Prudential MIP 25 and Aditya Birla Sun Life Monthly Income Plan II-Wealth 25 Plan
1:21 They typically invest 75% in debt and the remaining amount in equities
1:26 These schemes have done well in the last few years
1:54 Suraj Kumar Khatri wants to know how to accumulate Rs 6 crore through regular investments over 40 years
2:15 He wants to know how much to save every month
2:24 You need to invest about Rs 5,100 every month for this period assuming an annual return of 12%
2:38 You can have single mutual fund investment or ideally, some mutual fund investments in diversified equity funds
4:06 Ranjit Mathew asks whether it is more tax efficient to pay Rs 1 lakh annually for Rs 3 lakh capital gains made or should one do a SWP?
4:18 With the yearly exemption being Rs 1 lakh, both the options mentioned work well
