Need Expert Advice?Our Gurus Can Help

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Aug 11, 2021

Mutual Fund Expert... more

Question by Abdul on Aug 11, 2021Hindi

I am 30 years old. Want to accumulate a wealth of Rupees 4 Crores by 2040. Please give your valuable input on the below mutual funds that I would like to invest in.

Mirae Asset Emerging Bluechip Fund Direct Growth 2500

Canara Robeco Emerging Equities Fund Direct Growth 2500

Axis Long Term Equity Direct Plan Growth 1500

Invesco India Tax Plan Direct Growth 1500

SBI Focused Equity Fund Direct Plan Growth 2500

Parikh Flexi Cap Fund Direct Growth 5000

Canara Robeco Emerging Equities - Direct Plan – Growth

Axis Bluechip Fund Direct Plan Growth 5000

Mirae Asset Large Cap Fund Direct Growth 5000

DSP Mid Cap Direct Plan Growth 2500

Kotak Emerging Equity Fund Direct Growth 2500

Total 30500

Ans: Rs. 35000 per month is required to create a corpus of Rs. 4 crs in 20 years.

The funds are fine, however too many funds are there so consolidate them in one in same category i.e. ELSS, Large and Mid cap and mid cap ones.

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.

MoneyReply

You may like to see similar questions and answers below

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jul 07, 2022

Question by Ananda - Jul 07, 2022Hindi

I am 41 years & I would like to invest in the following mutual funds for an investment horizon of 17 years -- Rs 30000 per month. My risk profile is moderate & would like to achieve a retirement goal of Rs 2.5 Crore. Please suggest, whether the above funds suffice my goal. Axis Growth Opportunities 6,000 Canara Robeco Bluechip Equity Fund 3,000 Parag Parikh Flexi Cap/PGIM India Flexi Cap 9,000 UTI Index Fund 6,000 Edelweiss Balanced Advantage Fund 6,000

Ans: The funds are good and the goal would be met!

Money

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jul 08, 2022

Question by Siddhant - Jul 08, 2022Hindi

I am 31 years old and a salaried person. Started in 2022 with annual step up of 25 per cent. I want to invest for another 25-30 years. Kindly suggest about the funds. Following are my current mutual fund investments: PGIM India Midcap Opportunities Fund Direct-Growth - 2000 Quant Active Fund Direct-Growth - 2000 ICICI Prudential Technology Direct Plan-Growth - 2000 Canara Robeco Bluechip Equity Fund Direct-Growth - 2000 Kotak Small Cap Fund Direct-Growth - 2000 Canara Robeco Small Cap Fund Direct - Growth - 5000 UTI Nifty Index Fund Direct-Growth - 5000 Mirae Asset Tax Saver Fund Direct-Growth - 2000

Ans: These are good funds, please continue

Money

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Mar 19, 2021

Question by Dr. - Mar 19, 2021Hindi

I am 40 year old and investing 60,000 per month in following mutual funds. My goal is to create wealth of 1cr in next 5-7 years. I wanted to know the funds are right or not. 1. Canara Robeco Emerging Equities-Regular Growth- 7000 2. HDFC Mid Cap opportunities -G ----7000 3. Kotak Standard multicap reg- g ---7000 4. L & T Midcap-G---7000 5. Mirae Asset Hybrid Equity Reg-G--7000 6. Mirae Asset Large Cap Reg-G---7000 7. SBI Small cap-G---8000 8. Mirae Asset Great Consumer Reg-G---3000 9. HDFC Retirement Saving Fund Equity Reg-G--3000 Also I have invested 1 lakh lump sum in Mirae Asset Focused Fund Reg-G in 2019.

Ans: Please continue with 1, 3, 4, 5, 6, 7 and the lumpsum investment.

Money

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Nov 20, 2019

Question by K - Nov 20, 2019Hindi

Sir, I am 53-year-old and currently investing in the following mutual funds, the amount mentioned against it. Please advise if this investment is right or if I have any better option. 1. SBI Blue Chip Fund Direct Growth: Rs 5000 2. Mirae Asset Large Cap Fund: Rs 3000 3. HDFC Equity Fund Direct Growth: Rs 3000 4. HDFC Small Cap Fund Direct Growth: Rs 3000 5. Kotak Emerging Equity Scheme Growth: Rs 2000 6. ABSL Front Line Equity Fund Growth: Rs 4000 7. Franklin India Blue Chip Fund Direct Growth: Rs 3000 8. Franklin India Equity Fund Direct Growth: Rs 3000

Ans:

Name of the Fund	Category	RankMF Star Rating
SBI Blue Chip Fund Direct Growth	Equity - Large Cap Fund	4
MiraeAsset Large Cap Fund	Equity - Large Cap Fund	4
HDFC Equity Fund Direct Growth	Equity - Multi Cap Fund	4
HDFC Small Cap Fund Direct Growth	Equity - Small cap Fund	2
KotakEmerging Equity Scheme Growth	Equity - Midcap Fund	4
ABSL Front Line Equity Fund Growth	Equity - Large Cap Fund	4
Franklin India BlueChip Fund Direct Growth	Equity - Large Cap Fund	3
Franklin India Equity Fund Direct Growth	Equity - Multi Cap Fund	3

4-star rated ones can be continued, remaining 3 may be changed;

Large cap Suitable options considering quality and value for money at present levels is Mirae Asset Large Cap Fund

Small Cap: Suitable options considering quality and value for money at present levels are Kotak Small Cap and Axis Small Cap

Multicap: Suitable options considering quality and value for money at present levels are UTI Equity Fund, Axis Multicap and Motilal Oswal Multicap 35

..Read more

Money

Share

Latest Questions

Dr Dipankar Dutta |1006 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 21, 2025

Asked by Anonymous - Mar 19, 2025Hindi
Listen

My son OBC category student just got 92.67 percentile in 1st session of JEE mains 2025 exam .is there any chance to get seat in NIT or IIIT

Ans: What is your home state?

...Read more

Career

Share

Dr Dipankar Dutta |1006 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 21, 2025

Asked by Anonymous - Mar 11, 2025Hindi
Listen

Can an obc candidate who scored 99.4 percentile in jee mains paper 2 b.arch get into nit trichy?

Ans: With 99.4 percentile in JEE Mains Paper 2 (B.Arch) and OBC category, you have a very good chance of getting admission into NIT Trichy for B.Arch.

...Read more

Career

Share

Dr Dipankar Dutta |1006 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 21, 2025

Question by Anime - Mar 13, 2025Hindi
Listen

I scored 83 percentile in jee mains Sc category Which college is best for me?

Ans: For which stream?

...Read more

Career

Share

Dr Dipankar Dutta |1006 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 21, 2025

Question by Jaimil - Mar 13, 2025Hindi
Listen

Hlo I get 91 percentile in jee 2025 in ews category should I get cse?

Ans: With 91 percentile in JEE Mains 2025 and EWS category, getting CSE in NITs or IIITs might be difficult, but you can still get CSE in some good state government or private colleges.

...Read more

Career

Share

Dr Dipankar Dutta |1006 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 21, 2025

Asked by Anonymous - Mar 13, 2025Hindi
Listen

I have given hsc board exam in feb 2024 subjects (physics chemistry biology economics english marathi)and i had given maths isolated exam in feb 2025 so in july i want to give improvement exam for subjects (maths physics chemistry biology English marathi) can i give this subject exams?

Ans: Yes, you can give the improvement exam for the subjects you mentioned, but it depends on the board's rules (Maharashtra State Board in your case). See their website.

...Read more

Career

Share

Dr Dipankar Dutta |1006 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 21, 2025

Asked by Anonymous - Mar 14, 2025Hindi
Listen

As my daughter get admission in niit with jeemains 1 score 98.75 obc ncl

Ans: Yes

...Read more

Career

Share

Dr Dipankar Dutta |1006 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 21, 2025

Question by Gajendra - Mar 14, 2025Hindi
Listen

Can I get any nit at 92%ile catagory obc

Ans: Yes. Specially in NITs of North Eastern states. See previous years' cut off

...Read more

Career

Share

Dr Dipankar Dutta |1006 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 21, 2025

Question by I - Mar 14, 2025Hindi
Listen

can i get any lower branch at nit with 91.74 percentile and ews category domicile state is bihar

Ans: Yes. Specially in NITs of North Eastern states. See previous years' cut off

...Read more

Career

Share

Dr Dipankar Dutta |1006 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 21, 2025

Question by Tanu - Mar 17, 2025Hindi
Listen

got 89.37 percentile in jee main 2025 My dad is army person I am Delhi girl Any chance of getting a college

Ans: Since your dad is in the Army, you might be eligible for seats under the AWES (Army Welfare Education Society) & other defense quotas in various colleges. Your home state is Delhi, which gives you a home quota advantage in DTU, NSUT, and IGDTUW. See previous years' cut off

...Read more

Career

Share

Dr Dipankar Dutta |1006 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 21, 2025

Asked by Anonymous - Mar 17, 2025Hindi
Listen

Sir I got 80.02 percentile in January attempt I belong to obc category will I get any college with this ?

Ans: You may get some not demanding branches in some lower ranked NITs, or some lower ranked IIITs. Apart from these you may get some private engg colleges.

...Read more

Career

Share

See more questions »