Ulhas Joshi

Answered on Oct 09, 2024

Asked by Anonymous - Oct 07, 2024Hindi

I have 2L rupees and would like to invest in MF. Is one time pay better than SIP. How can I invest 2l to get the nmmaxim benefit

Ans: Hello and thanks for writing to me. As you have a a lumpsum investment, I would recommend you invest via a STP, that is a systematic transfer plan over 10 months. You can start the STP from an arbitrage or liquid fund to a flexi cap fund or a multi cap fund.

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Answered on Sep 17, 2024

Asked by Anonymous - Sep 16, 2024Hindi

Is it good to invest in only 1 mutual fund instead of 2 funds I am saving monthly 1 lakh from my salary please advise

Ans: Hello and thanks for writing to me.

I am assuming you are investing with a goal for long term wealth creation and are fine with the volatility associated with equity. In such a case, you can consider investing in 2 funds, a multicap fund and a flexicap fund. A multi cap fund will ensure you have exposure to companies across market capitalizations while a flexicap fund can move across market capitalizations.

Do note that I am recommending the fund type without any other information about your objective or risk appetite. If you give me other details, I may recommend other type of schemes.

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Answered on Sep 09, 2024

Asked by Anonymous - Sep 08, 2024Hindi

I have invested 10k in Invesco psu equity fund which is giving me negative returns should I stop investing in psu funds at this time

Ans: Hello & thanks for writing to me. Invesco PSU fund is a well-managed fund which has to majorly invest only in PSU enterprises. . Thematic funds can underperform or give low returns when the underlying theme does not do well.

You may consider investing in funds with a broader scope like a multicap fund or a flexicap fund which can invest across market capitalizations & across different schemes & sectors.

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Answered on Sep 02, 2024

Asked by Anonymous - Aug 30, 2024Hindi

I am already investing Rs 45,000 in SIPs every month. I am expecting a bulk amount of Rs 85 lakhs shortly. Can I create a monthly pay out FD and increase the SIPs

Ans: Hello & thanks for the email. As I understand it, you are about to receive Rs.85 Lakh in some time & are considering investing it into FD's & increase your SIP's.

Stepping up your SIP's is a good way achieve your goals faster. You can consider starting STP's from arbitrage funds into the schemes you have SIP's in.

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Answered on Aug 30, 2024

Question by Rohit - Aug 27, 2024Hindi

Hi ulhas, I am rohit, 37yrs, my horizon is 10-11yrsand goal is 3cr as retirement. Started MF from last 6months, 1Lakh per month SIP in below funds Quant small cap-40k Quant infra -20k Motilal mid cap-20k Icici FoF - 10k SBI long term ELSS-10k Please suggest whether i can continue Investment

Ans: Hello Rohit & thanks for writing to me.

The funds you have selected are good, however assuming a 12% XIRR, you may not be able to generate a generate a 3 Crore corpus & will have to increase your SIP by Rs.30,000 to Rs.1.3 Lakh every month.

You can also consider stopping investments in the sectoral funds & FoF's and instead invest in flexicap and multicap funds. Flexicap funds & multicap funds have flexibility to invest across sectors.

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Answered on Aug 30, 2024

Asked by Anonymous - Aug 29, 2024Hindi

Dear Sir I am 38 years old with monthly salary around 125k, doing Sip since last year, my current Sip is 57k per month as below, 10k - SBI Nifty 50 index 3k - Motilal oswal Nsdaq 100 FOF 5K - DSP Nifty next 50 index 4k - Nippon india small cap 5k - Motilal oswal mid cap 3.5k - Quant mid cap 7k - ICICI bluechip 3.5k Mirae Asset large cap 3.5k - Parag parikh flexicap 4.5k - Canara robeco emerging equity 3k - HDFC multicap 3k - ICICI manufacturing fund 2k - ICICI Bharat 22 FOF Current mutual fund portfolio is 5 Lakh and 6 Lakhs are invested in direct stocks, also I have incresed my EPF to 100%.. All are direct fund. Could you please check and suggest if I have done over diversification and which funds might be overlapping, also which fund I need to leave and stay....I have long term horizon of 20+ years

Ans: Hello & thanks for writing to me. I will only comment on mutual funds in this section.

Your fund selection is good, but given your horizon of 20+ years, you may consider investing more aggressively in multicap funds, flexicap funds and small & mid cap funds thru the SIP route.

Small & mid cap funds can generate higher returns than large cap funds. You will get the exposure to large cap stocks via the investments in multicap & flexicap schemes.

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Answered on Aug 27, 2024

Question by SURYA - Aug 17, 2024Hindi

Hello Sir, I am junior advocate (27 yrs old) and earns 30k-40k approx per month. I want to invest in mutual fund for 10k p.m. Kindly, suggest in what kind of mutual fund should I choose?

Ans: Hello Surya & thanks for writing to me.

I am assuming that you are investing for long term wealth creation & are fine with market volatility.

You can consider investing via SIP's in a mix of multicap, flexicap & momentum funds.

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Answered on Aug 16, 2024

Question by Ritesh - Aug 16, 2024Hindi

Mr Ulhas Appreciate your genuine efforts in educating masses about investing wisely in Mutual FUNDS. It is told that average returns on MF over a long period of time is 12 - 15% on an average. I want to understand if 12.5% is being deducted in Tax by Government, around 1% goes in AMC Expense ratio , so you are actually just left with 2 -3 % ( 15% - 12.5% -1% =1.5%). So what is the point in investing to get return of 2 % , This will not even help you to beat inflation @ 6% annually. Reply

Ans: Hi Ritesh & thanks for writing to me.

Let me clarify both parts. On the AMC expense ratios, the returns shown by AMC's in their factsheets are after accounting for the impact of various expenses.

Say you invest Rs.1,00,000 in 2018 in a fund at NAV of Rs.10 and the NAV becomes Rs.20, thereby the current value of your investment becomes Rs.2,00,000 then you have made a profit of Rs.1.00,000, after all expenses that the AMC charges.

Continuing this example on taxation, the Rs.1 Lakh profit will be subject to Rs.12,500 in tax, thereby leaving you a profit of Rs.87,500, generating you a return of XIRR of 11.03%.

Do note that the numbers are illustrative & also that the first Rs.1.25 Lakh of capital gains are tax free.

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Answered on Aug 13, 2024

Asked by Anonymous - Aug 03, 2024Hindi

Hello Sir, I wanted to invest lumpsum 1 Lac rs in mutual fund for my 1 year old kid so that I can accumulate 15-20 lac approx which could somehow assist when he is 18+. I am planning invest 33000 each in sbi contra fund, parag parekh flexi cap fund, Nippon nifty bees ETf fund. Are these funds are good ? And will I be able to achieve my goal ?

Ans: Hello & thanks for writing to me.

The schemes you have chosen are good schemes. Assuming that you are able to generate returns of 12% on your investment, the value of your investment will be around Rs.7 Lakh.

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Answered on Aug 13, 2024

Question by Ravi - Aug 03, 2024Hindi

Ans: Hello Ravi & thanks for writing to me.

I see too many funds in your portfolio, which I believe can dilute your returns.

Given your age & objective, you may want to reconsider your investments in the Balanced Advantage Funds & Multi Asset Funds & instead start allocating to a multi cap fund.

I also notice investments in a PSU Equity Fund. While the PSU funds have given good returns recently, as thematic funds, you must not have a large chunk of your portfolio in them. Investing in thematic funds can generate alpha but thematic funds can also underperform.

If you can provide a percentage breakup of the investments, I may make other recommendations.

Asked on - Aug 30, 2024 | Answered on Aug 30, 2024

Thank you sir for your time and answer , here is percentage breakup of my investment : i don't know much more about category , while investing to those funds i just saw return i did invested. 31% in Stocks [ +4.69% Return ] last 6 Months 59% in MF [ +13.62% Return ] 10% in FD [+1% Return ] My Goal is to after 10 Year , Monthly Income 1L in my account. Willing to Invest 1L - 2L per month how can i plan like that sir ? please suggest Thank you sir

Ans: Hi Ravi, taking a conservative approach, to generate a 1 Lakh per month income via Mutual Fund SWP's, you will need to have a corpus of around 2 Crore with a SWP at 6%.

Assuming your current investments are able to generate 12% XIRR, you will need to invest around Rs.85,000 every month.

As you willing to invest around Rs.1 Lakh, you should be able to generate the Rs.2 Crore corpus.

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Answered on Jul 19, 2024

Asked by Anonymous - Jul 17, 2024Hindi

Sir, I am 60 and retired with a corpus around 2 cr. I want to invest in MFs. Suggest me please how much in which portfolios are better for after retirement secured investments?

Ans: Hello & thanks for writing to me.

With your corpus of Rs.2 Crore with which you do not want to undue risks, you can consider investing in a mix of arbitrage funds & debt funds which can offer you stability and returns. If you are apportioning your investments with one part kept aside for income generation & another for capital appreciation, you can set aside 1.5 Crore in safer funds like arbitrage & gilt funds, with the other Rs.50 Lakh in a combination of a balanced advantage fund or a multi asset fund and an equity fund.

Note that my recommendations are assuming that you will use the Rs.2 Crore corpus for your day to day expenses. If you give me other information, I may give you other recommendations.

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Answered on Jul 12, 2024

Question by Shom - Jul 09, 2024Hindi

Hello Sir!! I want to start investing in mid cap and small cap mutual funds through SIP route. Is it advisable in the current scenario when these categories are oversubscribed as per some reports which also suggests that their returns may fall in the near future? What is your take on the matter? As an expert will you advise investors to start investing in mid cap and small cap immediately or wait for the market to correct?

Ans: Hello Shom & thanks for writing to me. If you are looking to invest thru the SIP route for the long term (over a period of 7 to 10 years), you can consider investing thru SIP's.

While mid & small cap companies may seem overvalued, as you are investing through the SIP route, you can begin your investments.

Asked on - Jul 12, 2024 | Answered on Aug 13, 2024

Thank you very much Sir for your advise. Have selected a few Mid and small cap MFs for investment. Planning to invest 5K each in mid and small cap respectively. It’ll be of great help if you can suggest the best amongst them. Mid Cap: 1. Motilal Oswal mid cap fund - Direct growth option 2. Kotak emerging equity fund - Direct growth option 3. HDFC mid cap opportunities fund- Direct growth option Small Cap: 1. Kotak small cap- direct growth 2. Sbi small cap- direct growth 3. HSBC small cap- direct growth Kindly lemme know if there are some different recommendations from your end. Thanx a lot Sir for your help!!!

Ans: Hello Shom & thanks for writing to me.

The funds you have selected are good funds & you can begin investing in them.

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Answered on Jul 07, 2024

Question by Prateek - Jul 05, 2024Hindi

Hello Sir, I am 34 years old and with 10 years in mind for investment to reach 1CR, I have planned to invest 30K monthly in SIP with stepping up by 10-12% every year. I am already investing the below amounts in MF schemes 5K - Parag Parikh Flexi Cap, 5K - Motilal Oswal Mid Cap, 5K - Nippon India Small Cap, 5K - HDFC Balance Advantage Fund. I am a bit confused for the remaining 10K i.e., where to invest. Shall I increase the already invest amount in MF or shall take 1-2 more MFs scheme like Multi-Cap/Large Cap/another Flexi Cap OR any hybrid MF schemes Would taking 1-2 more MF scheme will overdiversify the portfolio? Can you please suggest some pointers on this.

Ans: Hello Prateek & thanks for writing to me. Assuming that you are able to generate an XIRR of 12%, you will be able to create a corpus of Rs.1 Crore in around 10 years.

As your time horizon is 10 years, I recommend you invest only in equity schemes which can potentially generate higher returns than hybrid schemes like a balanced advantage fund or dynamic asset allocation fund.

You can consider investing equally in:

1.Small Cap Scheme
2.Mid Cap Scheme
3.Flexi Cap Scheme
4. Multi Cap Scheme

Your 5th scheme can be a thematic scheme like a momentum fund or a special opportunities fund or a broader category like a special opportunities fund.

You can consider investing solely in equity schemes for the first 7 to 8 years and then change the asset allocation to have a mix of hybrid schemes like BAF/DAAF's, Multi Asset Funds and aggressive hybrid funds in the last 2-3 years of your 10 year horizon.

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Answered on Jul 05, 2024

Question by Vikas - Jul 05, 2024Hindi

Hi, I have a corpus of 1 cr. Can I do SWP that gives me 1 lakh per month? If not what is realistic withdrawal I can make and which scheme to opt for? Thanks

Ans: Hello Vikas & thanks for writing to me. I am assuming you are looking for a consistent source of cash flows for monthly expenses etc.

Withdrawing 1% a month/12% a year seems aggressive, and such aggressive withdrawals may stunt the growth of your corpus, causing you to withdraw more from your principal amount instead of any accrued gains, causing you to deplete your corpus earlier than planned. Half a percent or quarter of a percent of your corpus, that is Rs.50,000 or Rs.25,000 is a much better figure to withdraw, as it leaves potential for your corpus to grow faster than withdrawals.

You can consider investing in hybrid funds like balanced advantage/dynamic asset allocation funds, multi asset funds, aggressive hybrid or conservative hybrid funds or a mix of debt, equity & hybrid funds, based on your specific needs.

Asked on - Jul 05, 2024 | Answered on Aug 13, 2024

Thanks Ulhas for taking out time to respond. You are right, we were looking for regular monthly payout on consistent basis post retirement. If we were to withdraw 50,000 per month then how many years this investment can contribute till the time Principal amount depletes. Idea is not to generate wealth for further dependants but for own use. With these considerations what could be good funds to invest. Thanks again

Ans: Hello & thanks for writing to me.

If you invest Rs.1 Crore & withdraw Rs.50,000 every month & assuming that your investment compounds at 12%, you will be able to withdraw the funds comfortably for a long time, as the growth will more than compensate for the withdrawals.

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Answered on Jul 03, 2024

Question by Sarmishtha - Jul 02, 2024Hindi

I am 35 year old divorced female. My monthly income is 50k. My monthly expenses are 16k. My monthly savings is rd: 14k. I have have a savings of 20k . I need advice on how to use the money to get a medical insurance and to invest in mutual funds.

Ans: Hello Sarmishtha & thanks for writing to me. I am assuming you are planning to invest for long term wealth creation.

You can consider starting SIP's in a mix of equity multi cap & flexi cap funds thru SIP's. Such funds are broad based & invest across stocks in different industries & market capitalisations.

I only discuss mutual funds in this column & recommend you talk to financial planner who can help you plan your investments with your own needs in mind.

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Answered on Jul 02, 2024

Asked by Anonymous - Jun 30, 2024Hindi

Hi Sir , Iam 26 years old and currently having salary of around 1LAC per month having term plan of self, health insurance of self and parents and ppf and nps savings. Iam planning investment in mutual funds with a amount of 25000 every month in each of small mid and large. Please suggest me a better approach to distribute between them and kindly suggest me funds as well sir I'm a beginner with less experience in this MF.

Ans: Hello & thanks for writing to me. As you want to invest in a mix of small, large & mid cap funds, you can consider starting SIP's in Multi Cap Funds, which by mandate have to invest in large, mid & small cap companies.

Investing in such funds will ensure that you have adequate exposure across market capitalisations.

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Answered on Jun 27, 2024

Question by ROHAN - Jun 24, 2024Hindi

Hello Ulhas Joshi sir, this is rohan. Age 29, I invest 7k per month in various fund; 1. Canara Robeco Emerging Equity Fund - 2000 2. Kotak Smallcap Fund - 1000 3. Nippon India Growth Fund - 2000 4. Parag Parikh Flexi Cap Fund - 2000 Please suggest MF selection is good or need some changes from a long-term perspective around 18-25 years.

Ans: Hello Rohan & thanks for writing to me. The funds you have chosen are good funds & you can continue to invest in them.

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Answered on Jun 21, 2024

Question by Ravi - Jun 19, 2024Hindi

Hello sir... This is Ravi kumar. Age 34. Now i have 1 lakh Rupees. Now i want invest in mutual funds for my retirement. The question is where to invest ? Only one index fund or 50% in index fund , 25% in mid cap and remaining 25% in Small cap?? Or in your view diversification? So Please give me good suggestion?

Ans: Hello Ravi & thanks for writing to me. As your time horizon is long & goal is retirement, equity is suitable for you.

You can consider investing the 20% of your corpus in a large & mid cap scheme (these are different from large schemes), with 40% in a small cap and 40% in a mid cap fund.

With your age & time horizon, having a large exposure to mid & small cap funds has the potential to generate higher returns.

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Answered on Jun 11, 2024

Question by Prateek - Jun 08, 2024Hindi

Hello Sir, I want to invest 30k per month in MF was planning to do it in Flexi , Mid , Small with 10k each for next 10-15 years. Can you please tell me if this is the right approach or should i divide the 10k amount as well ,i.e. 5k each of 2 flexi cap , 5k each of 2 mid cap , 5k each of small cap. Or should I invest in other type of MF as well ?Also can you also please suggest the MF.

Ans: Hello & thanks for writing to me. As your goal is long term, equity funds will be a suitable option.

You can consider investing in a mix of Flexi Cap, Mid Cap & Small Cap funds 2 schemes in each category thru SIP's.

Stepping up your SIP every year will help you create a larger corpus.

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Answered on Jun 07, 2024

Question by Rupali - Jun 05, 2024Hindi

I am 40 years old, I want to invest 6000? monthly, iam based in Thane , kindly guide me how can I invest this money to get maximum return

Ans: Hello Rupali and thanks for writing to me. I am assuming that you are investing for the long term.

You can consider starting SIP's in equity funds as follows:

Rs.2000 SIP in Multi Cap Funds
Rs.2000 SIP in a Flexi Cap Fund
Rs.2000 SIP in a Small Cap Fund.

Annual step ups will help you create a large corpus.

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Answered on May 28, 2024

Asked by Anonymous - May 26, 2024Hindi

Hi sir, I am 29 year old with Salary of 50K in hand and Home loan emi of 20k, i invest in mfs approx 10k, please let me know in case any changes i need to make Pdim India midcap opportunities fund-1600 Hdfc index s&p bse sensex 2600 Axis small cap 2500 Parag parikh flexi 2500

Ans: Hello & thanks for writing to me. Considering your age & assuming that your horizon is long term, you can continue to invest in these funds.

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Answered on Apr 24, 2024

Question by C - Apr 22, 2024Hindi

Sir I want invest 8k to 10 k every month for my 2 kids who are 4 years old for long term for 15 to 20 yrs please suggest good mutual funds I want to diversify in large,mid cap and small cap

Ans: Hello & thanks for writing to me. As your time horizon is long & the goal is to build a corpus for your children over 15 to 20 years, you have rightly chosen equity schemes.

You can consider starting SIP's of equal value amounts in:
1-Axis Flexicap Fund
2-Kotak Smallcap Fund
3-Canara Robeco Emerging Equity Fund
4-SBI Bluechip Fund
5-ABSL Multicap Fund

Stepping up your SIP's by 10% or more every year will help you build a larger corpus. It is essential to periodically rebalance your portfolio to ensure that you are on the right track.

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Answered on Apr 19, 2024

Question by Naveen - Apr 17, 2024Hindi

I am 42 yrs old and started investing in MF from last month only, Icici Prudential Nifty 50-20k, parag parikh Flexi - 12k, Nippon small cap-8k. Is the MF selection good or need some changes from a long term perspective around 10 yrs.

Ans: Hi Naveen, assuming that you are fine with the risks of equity & as your horizon is long, you can invest in these funds.

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Answered on Apr 12, 2024

Asked by Anonymous - Apr 12, 2024Hindi

sir we have been investing in Mutual Funds for last 12 years in various types of funds Now value is 1cr pls advise if we should continue investing or move them to less risk funds and start afresh Our goal is 3cr for retirement which is 12 years from now

Ans: Hello & thanks for writing to me. I commend you for investing thru various market cycles & investing with discipline in mutual funds for creating wealth for the long term.

I am assuming that all investments are currently in equity funds. As your goal is around 12 years away, I would recommend you continue to invest in equity funds & stay invested in them for around 5 to 6 years. After 5-6 years, you can stop SIP's in equity funds & start investing in hybrid funds like aggressive hybrid funds, balanced advantage funds etc. Over time, with proper guidance you can consider rebalancing your portfolio in a mix of equity & hybrid funds to achieve an optimal balance for you.

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Answered on Apr 05, 2024

Question by K - Mar 23, 2024Hindi

Hello Mr. Ullhas Joshi, I write to seek your expert advice, I am expecting an amount of Rs. 40 Lacs in the next 2 months from sale of property. I wish to invest 40 lac lumpsum in mutual fund for the next 40 to 45 years with an aim to start an SWP of Rs. 25k/pm after about 12-15 months with an annual incremental of 5% to offset the inflation. Request your advise whether it is feasible and as to how many funds should i invest, and which of the funds to invest in with how much amount each. Thanking you in advance, regards, K Basu, Kolkata

Ans: Hello Mr.Basu & thanks for writing to me. As you are expecting a corpus of Rs.40 lakh in the next few months, you can consider making an investment in a BAF/DAAF inMulti Asset Allocation Fund.

Assuming your corpus grows to 44 Lakh in 12 to 15 months, & you begin a SWP of 3 Lakh per annum which comes to around 7% annual withdrawal and assuming that the corpus continues to grow at around 11%, it will be feasible for you for a long duration.

I recommend you speak to a financial planner who can understand your own needs so that they can create a customized plan for you.

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Answered on Mar 27, 2024

Question by Prateek - Mar 24, 2024Hindi

Hello Ulhas, I am 33 years and I want to start investing in MF with amount 25k per month till next 10-15 years so that I can get a good corpus for my child's education and also retirement . I am also planning to increase the amount each year for this . Can you please help in which type of funds should I invest ( also the company if possible) and how much amount should I increase each year.

Ans: Hello Prateek & thanks for writing to me. As your goal is long term, you can consider investing in equity schemes for around 10 to 12 years, stop your SIP's in equity funds & begin SIP's in balanced advantage funds & multi asset funds for the remainder 3 to 4 years.

You can invest in a mix of

1-Flexicap Funds: 50% of your investible corpus.
2-Multicap Funds:25% of your investible corpus.
3-Midcap Funds: 12.5% of your investible corpus.
4-Smallcap Funds:12.5% of your investible corpus.

Asked on - Apr 05, 2024 | Answered on Apr 05, 2024

Dear Ulhas , Thanks for your suggestion and apologies for replying late. When you mentioned to do SIP in remaining 3-4 years , is it after 10-12 years in equity or is it 6-7 years in equity and then 3-4 years of other funds ? Also can you tell me how much should I step up every year in the SIP amount so that I can get a target corpus of atleast 4-5 Crs as retirement fund and same for child education as well. You suggested the division of amount in MF category , can you please suggest MF in these category , I know past performance in not indicative of future but still it gives an approx. Idea . Best Regards, Prateek

Ans: Hi Prateek & thanks for writing back.

As your goal is to invest for 15 years, I recommend that for the first 10 to 12 years, you invest via SIP's in equity funds. Then, you pause your investments in equity funds & begin SIP's in balanced advantage funds & multi asset funds for the remainder 2-3 years.

You can consider beginning SIP's in:

1-Parag Parikh Flexicap Fund
2-Samco Flexicap Fund
3-Axis Flexicap Fund
4-SBI Multicap Fund
5-Canara Robeco Multicap Fund
6-Kotak Emerging Equity Fund
7-Tata Smallcap Fund

Do note that if you share other details, I may recommend other schemes. Periodic rebalancing is essential to ensure you are on the right track.

Asked on - Apr 06, 2024 | Answered on Apr 08, 2024

Hello Ulhas, Thanks for the suggestions but what other details are you referring that I should share. This periodic rebalancing should happen at what interval - monthly/quarterly/yearly. And how can you get an idea that rebalancing is required ? Best Regards, Prateek

Ans: Hi Prateek, other details can include what amount/percentage of annual step-up you can do to your SIP's, whether your financial goals & objective change during the course of the investment journey & whether you make any redemptions midway.

Annual or 6 monthly rebalancing is generally good enough.

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Answered on Mar 15, 2024

Asked by Anonymous - Feb 22, 2024Hindi

Pls suggest a few mutual fund sectors for investing 10 lakhs in SIP for a investment period 20-25 years.

Ans: Hello and thanks for writing to me. As you want to invest for a duration of over 20 years investing in sectoral or thematic funds may be counterproductive as specific sectors of the economy can have long periods of underperformance & it is difficult to predict which particular sector will see outperformance.

You can consider investing in funds that can invest across sectors & themes like flexi cap funds, multi cap funds, value funds, momentum funds and so on. In these funds, the fund managers have discretion to invest as per their understanding of the market cycle.

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Answered on Mar 15, 2024

Question by Sujit - Mar 03, 2024Hindi

Let me give suggestion about where Can I spend lump some or sip in tata nifty midcap 150 momentum 50 fund or uti 150 midcap quality 50,Nippon nifty 50 value 20 (like liquid fund) Bandhan nifty alpha 50 fund or axis midcap 50 fund which would be better return after 3- 5 years and which would be risk less?

Ans: Hello Sujit & thanks for writing to me. Barring Axis Midcap 50, the others are strategy index funds that select stocks that meet certain conditions like momentum, value etc. As they are all equity funds, you will face the volatility that is associated with others.

As your horizon is 3 to 5 years, you can consider investing equally in a mix of these funds.

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Answered on Mar 07, 2024

Question by Masroor - Feb 02, 2024Hindi

Hello Ulhas, I am 36 years old and I am currently investing around 1 lakh per month distributed among these Mutual funds . Quant small cap , ICICI prudential technology, ICICI prudential commodities, HDFC flexi cap .. Wanted to understand if I shall continue with these funds or change my allocation.. I am looking for atleast 6-7 years

Ans: Hello Masroor & thanks for writing to me. All the funds you invest in are good funds, however I notice that you are investing in 2 thematic/sectoral funds, ICICI Prudential Technology Fund & ICICI Prudential Commodities Fund.

Thematic/sectoral funds are dependent on the market cycles and may not be suitable at all times for all investors. If you are confident about your understanding of the themes, you can continue investing in these funds. If you are not confident, then you can consider pausing SIP's in these schemes & instead invest in ICICI Prudential Mid cap fund & SBI Blue Chip Fund.

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Answered on Mar 07, 2024

Question by Bharat - Mar 01, 2024Hindi

Hello Ulhas joshi sir, All our corpos mostly 90% is in debt(in the form of FDR's, SSSC, LIC etc) and rest 10% in MF and ULIP. I am 32 years and my mother is 61 years. I am working professional in tier 2 city and mother is retired from government job. I am seeking a financial advice to balance out the investments in debt and want some exposure in equity by investing through MF's. We have a total of 3 cr in debt and approx 40 lacs in equity market. Please suggest us the suitable mix so that our corpus would also grow and expenses would also meet out. Our total expenses per month would be around 35 K. Please also suggest the names of mutual funds to start investing?? Regards, Bharat Manik

Ans: Hi Bharat & thanks for writing to me. I am assuming that you are able to cover your living expenses from your salary & Mothers' pension.

Assuming that you are fine with the risks of equity, you can consider rebalancing your portfolio from the debt tilt to equity tilt.

You can consider investing around 1 Crore in mutual funds, at the below allocation:

1-Small Cap Funds: 10%
2-Mid Cap Funds : 10%
3-Large Cap Funds:15%
4-Flexi Cap Funds:15%
5-Balanced Advantage Funds/Dynamic Asset Allocation Funds: 25%
6-Multil Asset Allocation Funds:25%

The investment in pure equity funds (points 1 to 4) will help your corpus grow but with higher volatility & the BAF/DAAF & Multi Asset Allocation Funds can provide relative stability to your portfolio.

I recommend you to meet a financial planner who can understand your needs & goals to craft a detailed plan for you.

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Answered on Mar 05, 2024

Asked by Anonymous - Feb 22, 2024Hindi

Hi. Pls suggest a few mutual fund sectors for investing 10 lakhs in SIP for a investment holding period 20-25 years. Thanks.

Ans: Hello and thanks for writing to me. As your investment horizon is long term, you can consider investing in a mix of flexi cap funds, small cap funds & mid cap funds.

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Answered on Mar 05, 2024

Asked by Anonymous - Mar 04, 2024Hindi

My wife wants to invest in mutual funds for long term for more than 10 years. Her Age is 39 years and her risk profile is high. Currently she has SIP of Rs 2000 in ICICI Prudential Equity & Debt Fund. She further wants to do additional SIP of Rs 5000. In this current market volatility, pls suggest some good funds.

Ans: Hello & thanks for writing to me.

ICICI Prudential Equity & Debt fund is a good fund, that invests in both, equity & debt. Given that your risk profile is high & investment horizon is 10 years, you can consider stopping investing in this fund & instead start SIP's in ICICI Focused Equity Fund.

For the other Rs.5,000, you can start SIP's of Rs.2,500 each in DSP Top 100 Fund & Kotak Emerging Equity Fund.

Periodic rebalancing is essential to ensure that you are on the right track.

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Answered on Mar 01, 2024

Asked by Anonymous - Feb 01, 2024Hindi

I am 47 years and have my wife and three children Want to invest 5 lac monthly on mutual fund What is the expected amount of return in the next 10 years and 15 years and 20 years

Ans: Hello & thanks for writing to me. There are no definite guarantees when investing in mutual funds, however, historical data suggests that investing thru mutual funds tends to generate better returns in long time frames of 10, 15 & 20 years when compared to other avenues of investments.

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Answered on Mar 01, 2024

Question by Ravi - Mar 01, 2024Hindi

Hi ...deve ... This is Ravi kumar... Age 33. Am doing SIP of Rs. 5500. Now i want increase SIP upto 10,000. My portfolio is 1. UTI nifty 50- 1000 2.Canera Robeco blue chip -1000 3. Quant small cap -1500 4.Parag parikh Flexi cap -1000 5.Sbi small cap -1000 Am need to take another funds or any corrections in my portfolio... Plz give me suggestion.

Ans: Hello & thanks for writing to me. The funds you invest in are good funds & you can consider increasing your investment amounts to these funds.

I am assuming that you are fine with the risks of volatility & are investing for the long term. If you mention your goals & risk appetite, I may recommend other schemes.

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Answered on Feb 29, 2024

Asked by Anonymous - Jan 30, 2024Hindi

What is the best Elss Fund for tax saving as well as maximum return

Ans: Hello and thanks for writing to me.

It is difficult to predict the best performing fund over a period, however, given that ELSS funds carry a 3 year lock-in, you can consider investing in a combination of:
Samco ELSS Tax Saver Fund
Kotak ELSS Tax Saver Fund
ABSL ELSS Tax Saver Fund

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Answered on Feb 27, 2024

Question by DN - Feb 22, 2024Hindi

Hello Ulhas, I would like to invest a lumpsum amount of 50 Lakhs into Mutual Funds. I am looking at the next 15 years as growth in Real Estate market has stagnated and the returns are around 3%. Please suggest best steps to grow this number over the next 15 - 20 years to secure a decent amount by the time I reach retirement.

Ans: Hello & thanks for writing to me. As you have a lumpsum amount that you wish to invest over a 15 year horizon, you can consider start systematic plans in a mix of smallcap, midcap & large cap funds for 10 years and then move some part of the corpus into balanced advantage/dynamic asset allocation funds & multi asset allocation funds.

You can for the systematic transfer plan route by first investing the money in liquid or overnight funds and switching it into the equity scheme over a period of 1 year.

Periodic rebalancing is essential to ensure you are on the right track.

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Answered on Feb 22, 2024

Question by Yogeshwari - Feb 10, 2024Hindi

Hai sir, i am yogeshwari. I want to invest 30k every month in Sip for 10 yeaes to achieve 1 crore. Kindly suggest some good mutual fund. Already i am investing in 1.uti index fund - rs.1500, 2. Quant small cap fund -rs.1500 and edelweiss large and midcap index fund - rs.1500

Ans: Hello Yogeshwari & thanks for writing to me. Assuming you are able to generate XIRR of 12%, you need to invest around Rs.45,000 ever month to create a corpus of 1 Crore in 10 years.

By investing Rs.30,000 every month, you will be able to generate the Rs.1 Crore corpus in around 13 years.

You can consider investing around 20% of your monthly investments in multi cap funds, 40% in small cap funds & 40% in mid cap funds. Investing in small & mid cap funds can be more volatile but these funds also have the ability to generate higher returns when compared to large cap funds.

After around 5 to 6 years, you can stop your SIP's in the above funds and invest in a mix of large cap funds & hybrid funds, which may generate potentially lower returns as compared to small & mid cap funds but also reduce volatility in your portfolio.

Note that the above suggestions are written assuming that you are comfortable with the volatility associated with different asset classes.

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Answered on Feb 21, 2024

Question by Akshay - Dec 12, 2023Hindi

Hello sir, Akshay here i have below sips per month...can you please advise i m on correct path 1. ICICI prudential value discovery 5k 2. Hdfc balanced advantage 5k 3. Nippon india multicap 5k 4. Parag parikh flexi cap 3k 5. Mirae asset emerging bluechip 2k

Ans: Hello Akshay and thanks for writing to me. The funds you mention are good funds to invest in. Please state your objectives, risk appetite and horizon for me to make a recommendation.

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Answered on Feb 16, 2024

Question by Rajesh - Oct 18, 2023Hindi

Ans: Hello Rajesh & thanks for writing to me. I see lots of funds in your portfolio across multiple categories.

As your horizon is around 5 to 7 years, you can consider reducing exposure to pure equity funds and allocate higher amounts to hybrid funds like balanced advantage funds or multi asset/dynamic asset allocation funds.

I recommend you talk a financial planner who can understand your needs in depth to make a suitable plan for you.

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Answered on Feb 16, 2024

Question by Biswajit - Nov 20, 2023Hindi

I have been investing for two years in ICICI Opportunities Fund and ICICI Transportation and Logistics Fund.Will it be fruitful to continue with this two for next eight years? If not please advise.

Ans: Hello Biswajit & thanks for writing to me. ICICI Prudential Opportunities Fund is a thematic fund invests in special situations like corporate restructuring, policy changes & ICICI Prudential Transportation & Logistics Fund invests in companies that are in the transport & logistics sector. These are both good funds.

When investing in the Transport & Logistics theme, you need to understand that in case of sectoral & thematic funds, you may face some period of underperformance and outperformance & you need to be able to gauge the sectoral structure of the industries before making an informed decision.

I recommend you meet a financial planner who can understand your own preferences, risk appetite & goals to recommend a portfolio of mutual funds that suit you.

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Answered on Feb 15, 2024

Question by Prabhakkar - Jan 31, 2024Hindi

Hi Please let me know about PGIM small cap find and sundaram large cap fund for long term investment for a period of 15 years?

Ans: Hello Prabhakkar & thanks for writing to me. The funds you quote are good funds and you can consider investing in them. If you state your objectives, risk appetite & other details, I may recommend other schemes.

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Answered on Feb 15, 2024

Asked by Anonymous - Feb 08, 2024Hindi

I am SIP INVESTOR with MOTILAL FLEXI CAP FUND- REGULAR ,investing from last 84 months at Rs.2000/ month

Ans: Hello and thanks for writing to me. It is good that you have the discipline to start and continue your SIP 7 years, thru multiple market cycles.

Please state your objectives, risk appetite for me to make a recommendation.

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Answered on Jan 29, 2024

Question by AJITH - Jan 15, 2024Hindi

Sir. Myself Ajith thomas aged 45.presently investing Rs 2500 as SIP in canara robeco equities regular growth since 10 months. Would like to invest another Rs 2500 as sip. Myself a State govt employee retiring at 60 yrs of age. Two daughters aged 13 and 8.would like to create a wealth corpus for their education marriage purposes and post retirement. Pls suggest suitable mutual funds to invest in. Need your expert opinion.

Ans: Hi Ajith and thanks for writing to me. As your time horizon is long, you can consider investing in Equity funds. You can consider starting your second SIP in SBI Focused Equity Fund. Assuming that your investment grows at 12% XIRR, investing Rs.5,000 over the next 10 years will help you create a corpus of around 7 Lakh.

For achieving your goals of child education & their marriage, I recommend you seek professional advice from a financial planner who can also put into perspective your other savings and create a comprehensive plan for you.

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Answered on Jan 29, 2024

Question by Shawn - Jan 28, 2024Hindi

Hello Ulhas ji, I am 27 yrs old with monthly salary of 32k and would like to invest in mutual funds. Currently I am investing in lumpsum White Oak fund but it is not giving sufficient returns. Please suggest where should I invest 8k monthly other than above fund. My investments will be for 6-8 yrs with 5-8% increase every year

Ans: Hi Shawn & thanks for writing to me.

As I understand it, you are currently investing for a 6 to 8 year time horizon. You can consider investing in a mix of multi asset funds & balanced advantage funds which invest across a mix of asset classes with the potential to reduce volatility.

If you share your risk appetite and other details, I may make other recommendations.

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Answered on Jan 25, 2024

Question by Shudhanshu - Dec 02, 2023Hindi

I am 19 th aged now and wants to retire with 10 cr at 35 age please suggest my investment instruments allocation

Ans: Hello Sudhanshu & thanks for writing to me.

To create a corpus of Rs.10 Crore, you will need invest Rs.1.75 Lakh every month over the next 16 years to create your corpus. You can consider investing in a mix of small & mid cap funds for the first 10 to 12 years & then invest in a mix of large cap funds & hybrid funds that can offer stability to your portfolio.

Periodic rebalancing is essential to ensure you are on the right track.

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Answered on Jan 20, 2024

Question by Asgar - Jan 18, 2024Hindi

I am 33 years old,want to invest lumpsum 3L and 10k monthly sip for 10 to 15 years at current market time which mutual fund is best,please suggest me?

Ans: Hi Asgar & thanks for writing to me. I am assuming that you are looking to invest for long term wealth creation & are fine with the volatility associated with equity mutual funds.

1-Invesco India Focused 20 Equity Fund
2-SBI Focused Equity Fund
3-Templeton India Equity Fund
4-Kotak Nifty 200 Momentum Fund
5-DSP Top 100 Equity Fund

You can make lumpsum investments equally in these schemes & begin SIP's of equal amounts in them.

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Answered on Jan 17, 2024

Question by Sumit - Jan 17, 2024Hindi

At present which mutual fund is best for Lumpsum for next 10 yrs? Also suggest for best ELSS fund for next 5-10 yrs?

Ans: Hello Sumit & thanks for writing to me. It is difficult to predict the best mutual fund but as your horizon is long, I would recommend you look at pure equity funds.

Similarly, it is difficult to predict the best ELSS fund. As you wish to invest in ELSS funds, you can consider investing equally in a basket of ELSS funds like the Parag Parikh ELSS Tax Saver Fund, Franklin India ELSS Tax Saver Fund & ICICI Prudential Tax Saver Fund.

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Answered on Jan 16, 2024

Question by Rabindra - Jan 08, 2024Hindi

I am 66 can I invest Rs.5,000/- SIP with stepup 10% you. to Mirae Asset Emerging Bluechip Fund - D/Plan - Growth. Let me know your decision.

Ans: Hello Rabindra & thanks for writing to me. Mirae Asset Emerging Bluechip is a good fund and you can consider investing in it provided it fits your objectives & risk profile.

If you share your risk appetite & objectives, I may recommend other schemes.

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Answered on Jan 10, 2024

Question by Dharmendra - Jan 10, 2024Hindi

16k in MF From 2022 Nippon Small cap 3k HDFC L&M 2K SBI Contra 2k SBI Focused 1k ICICI L&M 2K Kotak emerging 2k Kotak manufacturing 2k HDFC Flexi cap 2k Now give suggestions regarding correction and adding of 10 K extra pm

Ans: Hello Dharmendra and thanks for writing to me. You have created a diversified mix of equity funds to invest in and you can consider stepping up your investments in the same schemes, instead of adding newer schemes.

I am assuming that you are looking to invest for a long term horizon and are fine with taking the risks associated with equities.

If you share other details like your time horizon, your risk appetite and goals, I may recommend other schemes or changing your allocation mix to suit your own goals.

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Answered on Jan 10, 2024

Asked by Anonymous - Jan 09, 2024Hindi

I invest my money in SIPs via a money manager in Pune. Is my money safe?

Ans: Hello and thanks for writing to me. If you are investing in mutual funds, the fund houses will give you periodic updates on your investments by sending your SMS's & emails on your investments, and you can always know the current value of your investments by visiting the mutual fund website & generating your statement of account.

Mutual funds are a very well regulated business and there are stringent compliances that all mutual funds follow.

If you are worried about the risks of investing in mutual funds & impact of market fluctuations, you can consider discussing this with your money manager who may recommend schemes that suit your needs.

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