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Ulhas Joshi | Answer |Ask -Follow

Mutual Fund Expert - Answered on Aug 31, 2023

With over 16 years of experience in the mutual fund industry, Ulhas Joshi has helped numerous clients choose the right funds and create wealth.
Prior to joining RankMF as CEO, he was vice president (sales) at IDBI Asset Management Ltd.
Joshi holds an MBA in marketing from Barkatullah University, Bhopal.... more

Asked by Anonymous - Aug 31, 2023Hindi

Money

Hi, I am 27 and since last 1 year i am investing in mutual funds start with 5k now investing 15k per month in below schemes, please suggest if i should i continue or change the ratio/funds. Axis Small Cap Fund-Direct- 4k Quant tax plan-Direct-4k Parag parikh flexi Cap fund-Direct- 4k Icici puridental technology Direct plan-Growth- 3k

Ans: Hello and thanks for writing to me.

The funds you invest in are good funds and you can continue to invest in them.

If you state your objectives on what you wish to achieve, your time horizon, risk appetite etc, then I may recommend other schemes.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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I am investing Rs 1000 in each of these mutual funds shown in the table below for last three years. Suggest whether to continue or change and if changes required which fund to invest. These are my mutual funds: Name of the Fund Category RankMF Star Rating Invesco India Contra Fund Growth Equity - Contra Fund 4 Canara Robeco Emerging Equities Regular Dividend Dividend Payout Equity - Large & Midcap Fund 2 Dividend Reinvestment Equity - Large & Midcap Fund 3 ICICI Prudential Bluechip Fund Growth Equity - Large Cap Fund 3 Mirae Asset Large Cap Fund Growth Plan Equity - Large Cap Fund 4 SBI Blue Chip Fund Regular Plan Growth Equity - Large Cap Fund 3 Axis Blue Chip Fund Growth Equity - Large Cap Fund 4 HDFC Top 100 Fund Regular Plan - In hold now Equity - Large Cap Fund 4 Mirae Asset India Equity Fund Dividend Plan - In hold now Equity - Large Cap Fund 3 L & T Infrastructure Fund Growth- In hold now Equity - Sectoral Fund - Infrastructure 2

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Question by Sandeep - Jun 05, 2023Hindi

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I am a 36 year old working professional in IT Sector. i am currently investing in in the following mutual funds from past 1 year 1. Axis Bluechip Fund Growth - 2000 2. HDFC Flexicap fund - 4500 3. SBI Multicap Fund Regular Plan Growth - 2500 4. Parag Parikh Flexi Cap Fund Regular Plan Growth - 2500 5.Mirae Asset Large Cap Fund Regular Plan Growth - 5000 6. ICICI Prudential Balanced Advantage Fund Growth - 5000 7. TATA Digital India Fund Regular Plan Growth - 2000 8. HDFC Index Fund - 5000 also investing in Kotak ULIP 2,00,000/- per year from 3 years. Do i need to change or buy new. i wants to invest 20K more monthly.

Ans: Hello, as I can see the funds, I would like to suggest the category of funds you should select of your time horizon is 7-10yrs plus
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Question by Masroor - Feb 02, 2024Hindi

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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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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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