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Answered on Sep 29, 2023

Question by Arun - Sep 22, 2023

Hi.. I am 55 years old and plan to retire in 2 yrs time. Will have about 1 Cr. to invest.. Where should I invest to get about 25K per month. Need to keep inflation as well in mind..

Ans: Debt Mutual Funds are the best option. Invest for 12-18 months before you start withdrawing. Dont withdraw more than 0.5% a month. You can do it using SWP.

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Answered on Sep 29, 2023

Question by Nilutpam - Sep 22, 2023

Hi sir, I am 31 yrs old, and I want 50k per month from mutual fund onetime investment plans, does it really going to work...please suggest sir .

Ans: I have no idea of what you are trying to ask. You will need to invest in Debt mutual funds 1cr to receive 50K a month

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Answered on Sep 29, 2023

Asked by Anonymous - Sep 23, 2023

Hi sir, am 55yrs old...has put in some investment in marcellus and lost. Now, i wish to invest via MF only .pl guide me with 3 to 4 MFs schemes which can give me 15% yearly return?shall be obliged. Thank you

Ans: Your expectation of 15% is on the higher side. You can look at investing in the below,- ICICI Value Discovery
- Kotak Emerging
- PPFAS Flexicap
- Quant Small Cap

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Answered on Sep 29, 2023

Asked by Anonymous - Sep 23, 2023

Hi, I am 40 years old and want to invest 5 lakhs in equity mutual funds in the next 12 months. The purpose is wealth creation. The investment period will be typically 18-20 years. Pls suggest 5-6 equity MFs for the same. Also pls inform typically at what intervals should I consider reshuffling these suggested funds. Thanks.

Ans: - ICICI Value Discovery
- Kotak Emerging
- PPFAS Flexicap
- Quant Small Cap

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Answered on Sep 29, 2023

Asked by Anonymous - Sep 27, 2023

I have on retirement, Rs 80 Lakhs to invest for another 10 years. I have monthly pension of Rs 1.2 lakhs while monthly expenses is Rs 70Kand hence please suggest a growth oriented MF portfolio which beats inflation.

Ans: Split 80L in 4 equal parts. Use weekly STP over the next 6 months from liquid funds to invest in the below schemes
- ICICI Value Discovery
- Kotak India Equity Opportunity
- Canara Robeco Flexicap
- PPFAS Flexicap

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Answered on Sep 29, 2023

Asked by Anonymous - Sep 28, 2023

My Sister passed away of a sudden and she had a little daughter of 6 years , my brother-in-law is chain drinker and he want all the money left by my sister , whereas we want to secure that money for the bright future of my niece. My Mother aged 73 is nominee of my sister andgot some amount for her office after she [assed away we want to Secure that money in some FD so that my no-one except my niece should get that once she attain the age of 17-18 so that the money can be utilised by her for higher studies or marrige . Pls. suggest

Ans: Invest in Sukanya Samruddhi Scheme

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Answered on Sep 29, 2023

Question by Rajesh - Sep 28, 2023

My age is 57 yrs with no salary income. I had been working till last year & dependent family is mother & wife. Considering present & future economy of India, Please suggest the amount for lumpsum MF for SWP of 25000 Rs. and which MFs to be selected?

Ans: - You will need to invest roughly 50L for 25,000/month withdrawal
- I am assuming you to withdraw a maximum of 6% from SWP
- Use only Debt Mutual Funds to do SWPs & nothing else

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Answered on Sep 29, 2023

Asked by Anonymous - Sep 29, 2023

Dear Sir, I m 41 yo salaried person. Please review my portfolio and suggest. 1) Term Plan of 25 Lac, 2) Traditional policy 6 Lac, 3) Mirrae Asset Tax 2000, 4) Quant Tax Plan 2000, 5) Canara Robecco Tax Plan 2000, 6) Parag Parikh Tax Plan 1500, 7) Quant BFSI 2000, 8) Quant Small Cap 2000, 9) PGIM Midcap 1000, 10)Quant Flexi cap 2000, 11) Nippon Multi Cap 1000. Additionally I am contributing 50K per year in NPS. I want to add another 10K/m in MF. Please suggest. I have a horizon of 10 yrs (daughters higher study)-15 yrs (daughters marriage)-20 yrs(post retirement) and I am ready to take risks.

Ans: (1) Term insurance should be 10 times your income. Reevaluate if you have enough
(2) Exit the below funds,
- Mirae Tax
- Quant Tax
- Quant Flexicap
(3) Dont buy any more traditional plan
(4) Invest all the funds only in the remaining schemes

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Answered on Sep 27, 2023

Question by Rajesh - Sep 25, 2023

Sir, Are the following MF worth continuing : Axis Long Term Equity Fund, Canara Robeco Emerging Equity, Sundaram Mid cap Fund, Sundaram Large & Midcap Fund ICICI MNC Fund, Nippon India Small Cap, AND Which 7 MF do you suggest.

Ans: ICICI Value Discovery
Kotak Emerging
Nippon Small Cap

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Answered on Sep 27, 2023

Question by Ram - Sep 26, 2023

I usually invest in Nippon nifty etf I have investment of more than 1 crore I also understand nifty will more probably move higher and so is the etf I have one confusion which is also stopping me for further investment is that if Nippon itself defaults then what will happen to my investment

Ans: ETFs cant default. Its indirectly investing in the Index & doing nothing else. Its not taking investments.

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Answered on Sep 22, 2023

Asked by Anonymous - Aug 21, 2023

I am 40 and want to make 1 crore in 5 years. What should be my minimum investment? Where to invest and how much to invest on a monthly/yearly basis? I am married and a salaried professional earning 20LPA. Is it possible?

Ans: 1 cr. in 5 years will require either 50L of investment together today or 1.2L of monthly SIP

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Answered on Sep 22, 2023

Question by Ravi - Aug 23, 2023

Hello Sir, I am a 32 years salaried employee having saving upto 2lakhs now. recently I have taken pre-owned car worth 4 lakhs. Could you please suggest me investment plan and for atleast minimum 3-5 years with good returns.

Ans: If your question is where to invest the 2L, split the same into 2 funds I mentioned below and STP over the next 6 months,

ICICI Value Discovery
Kotak Emerging

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Answered on Sep 22, 2023

Question by PRAVEEN - Sep 07, 2023

Hi, I am 52 Yrs Old, do not have any mutual fund investments till now. Now Wants to invest about 25 Lakhs to earn a good pension from 60 Yrs onwards. Please suggest where to invest and how much monthly income / pension i can expect

Ans: Your 25L will roughly become 60 lakhs at retirement & you can expect roughly 30K a month as withdrawals from the corpus which will also allow your corpus to grow. All of the above is assuming you are investing correctly

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Answered on Sep 22, 2023

Question by Prashant - Sep 12, 2023

I have huge numbers of mutual funds in my portfolio and i want to consolidate the same. I am looking at STP. Wanted to know how should i calculate the cost of units in new fund considering the cost is lot less when i bought the older mutual funds. E.g. suppose i bought a mf at 10 and now the nav is 17 and i am stp to a fund where nav is 21. So what should be my cost of each unit at the base price?

Ans: Your software will calculate the same for the tax purpose, you dont need to do it

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Answered on Sep 22, 2023

Question by Nitiksha - Sep 06, 2023

Can one invest in multiple asset classes using one Mutual Fund scheme???

Ans: Ofcourse, Mutual Funds can give you opportunities to invest in the below,

- Domestic Equity
- International Equity
- Gold
- Silver
- Fixed Income / Debt
- Real Estate

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Answered on Sep 22, 2023

Question by JOYDEB - Sep 13, 2023

I am 27y like to invest in market monthly @5000.00 & new in area.pl advise.

Ans: Do SIP in the below 2 funds with a 5 year view at least

- ICICI Value Discovery
- Kotak India Opportunity Fund

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Answered on Sep 22, 2023

Question by narendra - Sep 15, 2023

Hi i have invested lumpsum in following 12 funds please guide. Whether any funds to be removed and if any new funds to be added Quant Active Fund Growth 2.2 lakhs Canara Robeco Bluechip Equity fund Direct Growth 2 lakhs Pgim India midcap opportunities fund Direct Growth 2lakhs ICICI prudential commodities fund growth. 80,000 Parag Parikh flexi cap fund regular Growth. 90000 Quant Flexi Cap fund growth 90000 Kotak small cap fund regular Growth. 50000 Mahindra Manulife Multi cap fund regular Growth. 50000 Tata small cap fund Regular Growth 50000 Pgim India Midcap opportunities Fund Regular Growth 50000 Canara Robeco small cap Fund regular Growth 50000 Tata Digital India Fund Direct Growth 50000 I need analysis on this whether to continue or close the mutual funds

Ans: You dont need more than 4-5 funds. Exit the below funds,

- ICICI Commodities
- Quant Active
- Mahindra Multicap

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Answered on Sep 22, 2023

Asked by Anonymous - Sep 16, 2023

I am expecting 1-1.5 lacs within 2months. Pl advice which funds will be better so that I can get good returns in next 5 years? Also, share funds for 5-10 year goal with medium risk.

Ans: ICICI Value Discovery
Kotak India Opportunity Fund

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Answered on Sep 22, 2023

Asked by Anonymous - Sep 21, 2023

Want to invest 10 lakhs , Poor risk apetite. Expecting approx 10% growth in one yr. Required money back next yr. Please guide -Apart from FD any suitable Fund?

Ans: The best option is to invest in 2 different Small Finance banks. They offer between 8.5% - 9% returns on their FDs. Thats the best option for your requirement. Rates may be lower for lower tenure but the product is meant for your requirement

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Answered on Sep 11, 2023

Asked by Anonymous - Sep 10, 2023

Hi sir, My age is 43 years. I am currently investing in SIPs in mutual funds, ICICI Prudential Bluechip Fund Growth (RS 2500) and Mirae Asset Emerging Bluechip Fund Growth (Rs 3000), Quant mid cap (RS 3000), Kotak equity emerging (RS 3000) and Parag Parikh flexicap (RS 4000). My risk profile is high and my investment horizon is up to the age of 55 years. I will require approx 1cr for my kid's education after 10 years and for retirement (1 cr) after 12 years. My total investments in SIP is approx 4.3 lakhs and in ppf is Rs 80000. Also I can invest up to Rs 25000/pm in SIPs. I also want to do SIP in small caps, pls suggest. Is my porfolio suitable as per my goal. Pls suggest.

Ans: For 1cr after 10 years, you need an SIP of 45,000
For 1 cr after 12 years assuming 4.3L already accumulated, you need an SIP of 27,000
You can consider SBI Small Cap

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Answered on Sep 11, 2023

Question by Ritesh - Sep 08, 2023

Hello, Does investing in Govt Bond Funds from Mutual funds instead of FDs assist you to save more on Tax and get better long term returns. How can we invest in Government Bond funds and which one are recommended. Thanks

Ans: Mutual Fund is a better option not from a tax perspective but liquidity perspective. You will be able to exit before the maturity if at all you want too. The disadvantage is, the market price is visible every day & you will have to control your emotions & not transact.

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Answered on Sep 08, 2023

Asked by Anonymous - Sep 07, 2023

I am planning for son's medical higher education of a corpus of Rs. one crore by next 5-6 years and investing through SIP of 1 Lakh in below MFs from last one year, I am 51 years old and working with a private organization. (1). Quant Small cap fund - Direct Growth (2). Motilal Oswal Midcap Fund - Direct Growth (3). Kotak Emerging Equity Scheme - Direct Plan Growth (4). HDFC Large & Midcap fund - Direct growth. (5). Parag Parik Flexi cap fund - Dirct growth. (6). Nippon India Multi cap Fund - Direct Growth (7). SBI Contra Fund - Direct Growth (8). Invesco India Infrastructure - Direct growth. (9). ICICI Pru Technology Fund - Direct growth. (10). DSP Natural Resources - Direct growth. The themitic funds may be continued depend upon the market conditions, all these funds are studies and selected by me itself. Please suggest me soon.

Ans: The investment is less for the target. Also from a funds perspective, I am not sure if you will be able to track the theme which is extremely important otherwise you will see bad performance for 2-3 years if you miss the cycle. If you are confident of being able to time the business cycle continue holding the themes or else exit.

On your funds outside of themes, below can be replaced,
- MO Midcap
- HDFC Large & Mid
- Nippon Multicap

You can reinvest in the other funds in the portfolio

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Answered on Sep 06, 2023

Asked by Anonymous - Sep 05, 2023

Hi, I am investing in mutual funds since last 14 years. My age is 45 years. I have invested around 32 Lakhs and the current value stands at 59 Lakhs. Returns are around 17 percent. Current investment via SIP is as follows - Canara Robecco Small Cap - 4000 DSP Small Cap - 5000 Edelweiss Flexi Cap - 6000 Franklin India Focussed Fund - 2000 HDFC Midcap Fund - 2000 Mirae Multicap Fund - 3000 Mirae Midcap Fund - 11000 Mirae Emerging Bluechip Fund - 8000 Nippon India Multicap Fund - 17500 Total Monthly SIP - 58500 I wish to accumulate around Rs 3 Crores in next 10 years. Kindly suggest on the monthly SIP requirement and the funds in my portfolio.

Ans: - Your amount is SIP is enough for the goal
- Exit Franklin Focused, HDFC Midcap, Mirre Multicap, Nippon Multicap
- Add Kotak Emerging Equity
- Try & keep equal investments in all the remaining & new funds

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Answered on Sep 03, 2023

Question by MAHESH - Sep 02, 2023

I have 4 sip in mutual fund and 1 sip in gold ETF. but I feel ,gold ETF is not giving that returns as compare to mutual fund ? should I stop that ETF and start in mutual fund SIP ?

Ans: Gold ETF is a Mutual Fund only. Allocation to gold is appreciated when markets fall. Its a hedge. Having upto 10% of your portfolio in Gold is not a bad thing. You can move the investments to SGB's

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Answered on Sep 02, 2023

Question by Vivek - Sep 01, 2023

Hi I am 42 year OLD ,I Have capital of 30 Lac, Need to invest in MF Purpose is- Grow the Money for Five Year Horizon , Then need to secure this amount & Have monthly Income . So How much I can get Monthly income with this & For How much Year

Ans: - Assuming 12% returns, your 30 lakhs can become ~52 lakhs in 5 years
- You should invest this in Debt funds & withdraw not more than 0.5% a month. If the fund earns more than 6% (0.5% * 12), you can continue to receive it till infinity as you are withdrawing less vs the gains in the fund

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Answered on Aug 30, 2023

Question by Subho - Aug 30, 2023

Hi Krtan, I am 43 years old. I have a monthly sip of 35k going on. I have started investing in mutual fund and sip from year 2013. Total mutual fund plus sip current market value is 1 core 9 lakhs . I plan to invest 35 k per month more for 7 to 8 years , when i want to leave job and do something else. Can you tell me what will be my corpus in 7 to 8 years down the line taking both current valution plus what i am going to continue investing?Also, i have another 1 corore total in other investment like Voluntary provident fund, Epf, ppf and esops from my company and pension fund . Here i do a monthly investment of around 80 k via mostly through company for tax savings. So what will be my total corpus after 7 to 8 yrs.

Ans: MF's - Roughly 3.25 cr assuming 12% returns on the investment for the next 8 years.
VPF, PF, EPF is difficult to say as the rate keeps changing

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Answered on Aug 30, 2023

Asked by Anonymous - Aug 29, 2023

Want to start at SIPs for 20000/- per month for my grandson, who is going to be 5 years shortly so that he gets a corpus for his higher studies by the time he is 18-20 years old. What MFs do you recommend?

Ans: Spread the investments equally in the below,

ICICI Large & Midcap
Kotak Emerging Equity
Nippon Small Cap

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Answered on Aug 30, 2023

Question by Subhash - Aug 29, 2023

Hello Kirtan, Greetings. Request a serious suggestion on my investment planning. Have majority of my savings into FDs due to my earlier conservative approach and even now am having the tax benefit as the FDs are on my wife's name where we do get the tax benefit. Also started significant portion into MFs which is a portfolio by itself of nearly 50 lac INR. My question is, I want to plan for my younger son's future and our retirement which almost have the same time duration of about 12-13 years. How can I go for my investment if am looking for around 5-7 crore of corpus by then ? What options could you provide me assuming I do have good risk apettite now as I have seen a good 5 year cycle in the MFs now. I want you suggest 2 options, 1 - With a fresh investment now and the products which I should go around and 2 - If you advise to use the fixed deposits also to contribute to the wealth creation ( I have a total of around 60-70 lac as FDs). So please suggest a good portfolio with the above 2 scenarios.

Ans: Have 6-12 months of your monthly expenses as contingency in FD's, everything else can be deployed towards your goal.

Assuming you have 1cr today to allocate to the goals & need 6 cr in 12 years, you will have to do an SIP of 70K over & above the 1cr that you will allocate towards the goals.

MF's are the best way for you. Invest in 4-5 well diversified MF's & start an SIP in the same MF's

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Answered on Aug 29, 2023

Asked by Anonymous - Aug 27, 2023

I want to know a way to multiply my life savings ( Rs 70 lakh) lying in an nri account FD around at 7 per cent interest. After looking a bit i was thinking to invest them as below. 1. Parag Parikh flexi cap (25%) 2 UTI nifty 50 index (15%) 3.quant small cap fund direct growth (25%) 4.Tata digital India fund direct growth(20%) 5.Hdfc large and midcap fund growth (15%) I have no pending loans in India. I have no knowledge of stocks and equity. There is no active management or additional funds to deposited. Its a all a one time. The time period will be 15-20 years.

Ans: - Just replace HDFC Large & Midcap with Kotak Emerging Equity.
- Put the funds in liquid & do weekly STP over the next 6 months

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Answered on Aug 28, 2023

Asked by Anonymous - Aug 28, 2023

Hello, Good Day, I am retiring soon and my total corpse in hand will be around 1.25 crore. What would be your advise to invest this to get systematic monthly income?

Ans: Start with,
- Senior Citizen Savings Scheme
- LIC PMVVY

What you do with the remaining investment will completely depend on your risk profile & requirements. You can choose to do FD's, Corporate Bonds or SWP from Debt Mutual Funds

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Answered on Aug 18, 2023

Asked by Anonymous - Aug 03, 2023

hi Sir, I am 44 years old. I currently have just 3 funds which I put around few years back a lumpsum of 1.5L and it is now around 3.5L. I was unable to start any SIP due to various difficulties. I would like to start an SIP for 15K per month with an expectation for daughter's education, marriage and possibly retirement etc. in next 10-12 years. Could you please suggest any appropriate funds and an approximate target amount I can achieve with this plan? Thank you

Ans: With 3.5L as current investment + 15,000 SIP for 12 years, you should be able to accumulate 45,00,000 assuming 12% returns on your investments

ICICI Large & Midcap Fund
PPFAS Flexicap Fund
Canara Robeco Emerging

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Answered on Aug 18, 2023

Asked by Anonymous - Jul 19, 2023

Hi I have 1000000 how can I invest for 7-8 years?

Ans: Split it equally between Large, Mid & Small Cap Mutual Funds

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Answered on Jul 28, 2023

Asked by Anonymous - Jul 27, 2023

Dear Sir I would be retiring next year....i would be getting rs 50 lacs from a sale of ancestral property....kindly let me know how and where i could invest so that i get some regular income from this amount or it would be advisable to deposit the same in FD'S ( post office/bank)....kindly advise on the tax part too as income is from sale of property.....thanks in advance

Ans: There is going to be a 20% tax on the capital gains with indexation. Because you want to use this for regular cashflow, there is no other way to save not paying the tax. Deposit the same in Senior Citizen Savings Scheme + LIC PMVVY and if there is remaining money, invest in Debt MF & take 6% SWP.

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Answered on Jul 28, 2023

Asked by Anonymous - Jul 28, 2023

Best way to invest money ?

Ans: Depends on your requirement, there is no one answer but MF's have all that you would need

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Answered on Jul 26, 2023

Question by A - Jul 26, 2023

Hello Sir, I have invested 9lacs via 5k monthly SIP each in 3 MF, i.e., Franklin India Smaller companies, SBI magnum midcap and ABSL Pure value. Stopped these SIP in May 22, however planned for accumulated corpus of 9L to remain invested for next 18years in these funds. Secondly, I started 10K monthly sip in 3MF since Sept 2021, i.e., SBI Focused Equity, Kotak Small cap and UTI Flexi cap. I have planned to invest in these funds for next 18years. (Till 2040) Further, I want to start another monthly SIP for 30K for next 18years. Target is to have retirement corpus close to 9Cr., by 2040. I am unable to decide between NIFTY 50 index fund or small cap fund. Request you to suggest. Thanks.

Ans: (1) I don't like the below schemes,
- ABSL Pure Value
- Franklin India Smaller Companies
- UTI Flexi

(2) If you follow point one, you will have 1 focused, 1 mid & 1 small cap in your portfolio

(3) Split the 30K equally in the remaining 3 funds

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Answered on Jul 26, 2023

Question by Sunil - Jul 19, 2023

How much money i can get in liquid fund if i invest 30lakhs

Ans: You should roughly expect 1.5L a year assuming liquid gives you 5% which is a reasonable expectation to have.

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Answered on Jul 26, 2023

Asked by Anonymous - Jul 20, 2023

Should I invest in Canara robeco MF

Ans: Some funds from the Canara stable are good. But make sure it is one of the 4-5 funds you are investing in and not the only fund house

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Answered on Jul 26, 2023

Question by Shivaprakash - Jul 24, 2023

which are the best mutual funds to invest for lumpsum investments with balanced output. what is your suggestion?

Ans: Currently I would suggest against doing lumpsum investment. Invest in Liquid & do an STP over the next 6 months. Because I dont know what you mean by balanced out, I cant talk about specific funds

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Answered on Jul 26, 2023

Question by Rajshekhar - Jul 24, 2023

Hello sir..I want to invest 70 lacs and want a monthly income of Rs.35000.Additionally I earn 20000 Total 55000 I can run my family.i have no liabilities. Is SWP a good choice.. please suggest any other alternatives

Ans: SWP is the perfect choice. At 6% you will get 35,000 a month. Select some good debt funds & do SWP. Avoid investing in Hybrid or Equity funds for SWP

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Answered on Jul 26, 2023

Question by Naresh - Jul 25, 2023

Hi Sir. my sister have invested in following mutual fund in previous 2 years. please advise...thanks 1) Axis Midcap fund 2)Bandhan Sterling value fund 3)Canara Robecco emerging equities fund 4)DSP small cap fund 5)ICICI pru technology fund 6)Mirae asset healthcare fund 7)Nippon India Taiwan equity fund 8)PGIM India global equity opportunities fund 9)UTI flexi cap fund

Ans: You can exit the below funds & hold the rest in equal weight,
- Bandhan Sterling
- DSP Small Cap
- Nippon Taiwan
- PGIM India Global Equity
- UTI Flexicap

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Answered on Jul 19, 2023

Question by Sunil - Jul 18, 2023

Sir i have 30lakhs were to invest now markets are so where should i invest now i want regular income on that so that i can invest that monthly income in mutualfunds

Ans: Invest that in Liquid Funds & do an STP to Equity funds

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Answered on Jul 19, 2023

Question by Shaani - Jul 18, 2023

Kirtan ji, I m 48 and want to start share trading but I don't know anything about share and how to start.can you tell me the procedure.

Ans: Start with investing in Mutual Funds & avoid share trading.

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Answered on Jul 18, 2023

Question by Neeraj - Jul 17, 2023

good morning kirtan sir, I want to start new fresh sip for next 10 years, for Rs. 8000.00, please advice me to select some script as per your experience. My current SIP are going to Rs. 38.000 per month in different M.F. Neeraj Bajpai

Ans: Because I dont know about the 38K investment, I am only able to suggest for the new 8K. Split equally in the below funds,

ICICI Large & Mid
- Kotak Emerging
- PPFAS Flexicap
- SBI Small Cap

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Answered on Jul 18, 2023

Question by sedrick - Jul 18, 2023

Dear Sir, I have been investing via SIP in DSP value fund since 30 months. It is showing 10% increase. IS it worth, or shall I switch to some better MF. Please also suggest any good scheme. Thanks

Ans: When you invest, try making a portfolio which is diversified. In the scheme that you have mentioned you are only taking exposure to Value style of investing. Have a more broader portfolio which also has growth style of investing + has exposure to mid and small caps as well. You may consider the below,

- ICICI Large & Mid
- Kotak Emerging
- PPFAS Flexicap
- SBI Small Cap

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Answered on Jul 18, 2023

Question by Jignesh - Jul 18, 2023

Hello, What is best way to withdraw money in sunset years assuming one has done the retirement planning in his working years already via Mutual funds, PPF etc. so if one desires to have a monthly pension in form of SWP from his MF fund's accumulated corpus. How should one plan for it?

Ans: You can look at doing SWP from Debt Mutual Funds but make sure you give the debt Mutual funds 12-18 months before you start to redeem from it through SWP and also don't do more than 0.5% a month as SWP

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Answered on Jul 13, 2023

Question by Chandan - Jul 13, 2023

Can I do fresh investment in this high market?

Ans: We will only understand in the hindsight if the markets are at the top or not. You should stagger your investments over the next 6 months instead of investing as lumpsum.

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Answered on Jul 13, 2023

Asked by Anonymous - Jul 13, 2023

My age is 43 years. I have invested in SIPs for the past 6 years in 2 mutual funds, ICICI Prudential Bluechip Fund Growth (RS 2500) and Mirae Asset Emerging Bluechip Fund Growth (Rs 3000). My risk profile is moderately high and my investment horizon is up to the age of 55 years for my kid's education (required 60 lakhs after 10 years) and retirement (1 cr). I have some savings which I can invest in lumpsum (approx 5 lakhs) and also I can invest up to Rs 25000/pm in SIPs. As the market is all-time high, which funds should I invest in the current scenario?

Ans: - For Childs education you need to do an SIP of 8,500
- For retirement you need 15,000

Both the existing funds are good. Use STP to deploy in the current market instead of Lumpsum. You can add the below 2 funds,
- Kotak Emerging
- PPFAS Flexicap

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Answered on Jul 13, 2023

Question by Neeraj - Jul 13, 2023

Hello Kirtan Sir, My name is Neeraj Bajpai, I have some MF, invested Rs. 38000.00 per month in some MF from November 2014, I want 3 Cr in 2033, so what i can do. My script are, SBI Contra Fund Bandhan Flexi Cap Axis flexi cap Axis Focussed 25 Axis Mid Cap Aditya Birla sun life flexi cap Canera Robeco emerging Frankling India Flexi ICICI frudential Bharat Consumption ICICI Prudential Blue Chip ICICI Prudential Value Discovery Kotak Emerging Equity Kotak Flexi Cap Mirae Asets Emerging Mirae Assets Helathcare (one time Invested) Nippo India Small Cap Nippon India Value Fund Aditya Birla sun life pure value Parag Parikh Flexi Cap Please suggest, what i can do for my goal. Thanks and Regards Neeraj Bajpai.

Ans: - Your SIP amount is adequate for 3 cr. till 2033 assuming 12% CARG return
- You have too many funds, exit the below funds,
Bandhan Flexicap
Axis Flexicap
Axis Focused
ABSL Flexicap
Franklin Flexicap
ICICI Consumption
Kotak Flexicap
Nippon Value
ABSL Pure Value

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Answered on Jul 12, 2023

Question by DK - Jul 11, 2023

I prefer balanced funds.. Money has to be safe. Suggest mutual funds on these criteria. can also invest lumpsum..

Ans: Balanced funds have equity exposure & hence they are not safe. You can do a combination of the below 2 funds,
ICICI BAF & Edelweiss BAF

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Answered on Jul 11, 2023

Question by Firoz - Jul 08, 2023

Dear Sir I was in Gulf for couple of years.I have few lakhs in FD(Interest was not taxable)Now I am back home permanently Kindly guide further. Regards Firoz

Ans: Answer to this will depend on your requirement & risk profile but in general split this money into 3,

(a) Liquidity Bucket - 10% of the total money can be kept in liquid funds
(b) Core Portfolio (70%) - Depending on your risk chose between Bank FD, Corporate FD, Debt Mutual Funds & Secondary Market Bonds
(c) Tactical Portfolio - (20%) - Invest this in Credit Risk Funds & Duration Funds of mutual funds

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