Home > Money > Question
Need Expert Advice?Our Gurus Can Help
Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Jul 21, 2022

Mutual Fund Expert... more
Rijuta Question by Rijuta on Jul 21, 2022Hindi
Listen
Money

I am 34 years old, a beginner in mutual fund & have recently started to invest in MF through SIP mode @2000/- each in below 04 funds: 

    2. Also I want to increase SIP amount, please suggest me best fund (s) for high return

  1. Nippon India Growth Fund-Growth Plan -- Growth Option
  2. Mahindra Manulife Multi Cap Badhat Yojana -- Regular Growth
  3. Kotak India EQ Contra Fund –Growth (Regular Plan)
  4. Invesco India Large Cap Fund- Growth

 It is requested that:

1. Kindly review my portfolio and suggest if these funds are OK or I should go for other funds. If so, please suggest me best funds.

Ans: This is OK

The schemes that you may consider are as under

- Samco Flexi Cap Fund - Growth

- Hdfc Index Fund - Sensex Plan - Growth

- Parag Parikh Flexi Cap Fund- Growth

- Uti Mnc Fund - Growth Plan

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.
Money

You may like to see similar questions and answers below

Ramalingam

Ramalingam Kalirajan  |7363 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Listen
Money
I am 43 years old and a salaried person. Started in SIP in 2018. Kindly suggest about the funds. Following are my current mutual fund investments: 1) Franklin India Prima fund Rs.1000 2) Invesco India Contra Fund Rs.6000 3) Kotak flexicap fund Rs.4000 4) Mirae Large & midcap fund Rs.2000 5) Axis Bluchip fund 3500 6) Sbi Banking & financial service fund Rs.3500 7) Axis Small cap fund Rs.5000. All i have monthly SIP. please suggest me if any changes require.
Ans: It's great to see that you've started investing in mutual funds through SIPs. Here are some suggestions regarding your current mutual fund investments:

• Diversification: You have a good mix of funds across various categories, which is essential for diversification. It's important to spread your investments across different sectors and market capitalizations to reduce risk.

• Review Performance: Periodically review the performance of your funds to ensure they are meeting your expectations and performing in line with their peers and benchmarks.

• Consider Your Goals: Reflect on your financial goals, risk tolerance, and investment horizon to determine if your current funds align with your objectives. If you have specific goals such as retirement planning or wealth accumulation, consider adjusting your portfolio accordingly.

• Evaluate Fund Managers: Assess the track record and expertise of the fund managers managing your investments. Look for consistency in performance and a clear investment strategy aligned with your goals.

• Stay Informed: Keep yourself updated with market trends, economic developments, and changes in regulations that may impact your investments. Stay connected with your financial advisor or conduct your research to make informed decisions.

• Seek Professional Advice: Consider consulting with a Certified Financial Planner (CFP) or a qualified financial advisor to get personalized advice based on your financial situation and goals. They can provide valuable insights and recommendations tailored to your needs.

Overall, while your current mutual fund portfolio appears well-diversified, it's essential to periodically review and adjust your investments based on changes in your financial situation and market conditions. By staying disciplined and informed, you can work towards achieving your financial goals effectively.

..Read more

Ramalingam

Ramalingam Kalirajan  |7363 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 18, 2024

Asked by Anonymous - Nov 18, 2024Hindi
Listen
Money
Hi Gurus , Finally last month I have started my investment in MF thru sip in following funds: 1. Parag Parikh Flexi Fund Rs 5000. 2. Motilal Oswal Mid Cap Fund - Rs 10000. 3. Nippon India Muti cap fund- Rs 5000. 4. Nippon India Small Cap Fund- Rs 10000 5. Quant small cap fund -Rs 5000. Further I can spend 10000 more thru sip and suggest good funds for that. Also please note that the above investment is in regular thru ICICI and for retirement purpose. My current age is 45 years. Please suggest about my portfolio and asset allocations.
Ans: Your portfolio demonstrates diversification across flexi-cap, mid-cap, multi-cap, and small-cap categories, which is a good starting point for long-term growth. However, there are areas for improvement to enhance risk management and alignment with your retirement goals:

Observations
Overexposure to Small-Cap Funds:

30% of your SIPs are allocated to small-cap funds (Rs 15,000 out of Rs 50,000).
Small-cap funds are volatile and risky, especially for someone closer to retirement. Reducing this exposure is advisable.
Balanced Allocation Missing:

There’s no allocation to hybrid or large-cap funds, which offer stability.
For a retirement-focused portfolio, balancing risk and stability is essential.
Fund Overlap Risk:

Nippon India Multi Cap Fund and Nippon India Small Cap Fund could have overlapping holdings, which might reduce overall diversification.
Good Use of Regular Plans:

Regular plans ensure you receive ongoing guidance from your Mutual Fund Distributor (MFD) or Certified Financial Planner (CFP). This is beneficial for monitoring and rebalancing.
Suggested Asset Allocation
Given your retirement horizon and age (45 years), a balanced approach between equity and debt is prudent. Consider the following allocation:

Equity Funds (70%): Growth-oriented funds, primarily large-cap, flexi-cap, and mid-cap funds, with reduced small-cap exposure.
Debt Funds (30%): Stability-focused funds, such as short-duration or dynamic bond funds, to reduce portfolio volatility.
Suggested Portfolio Changes
Reduce Small-Cap Exposure:

Maintain one small-cap fund, such as Nippon India Small Cap Fund (Rs 10,000 SIP). Exit Quant Small Cap Fund to reduce overlap and risk.
Introduce a Large-Cap Fund:

Add Rs 5,000 to a large-cap fund like SBI Bluechip Fund or ICICI Prudential Bluechip Fund for stability.
Add a Hybrid Fund for Stability:

Use the additional Rs 10,000 to invest in a hybrid fund like HDFC Balanced Advantage Fund or ICICI Prudential Balanced Advantage Fund. These funds offer a mix of equity and debt for lower volatility.
Monitor Multi-Cap Fund Performance:

Keep an eye on Nippon India Multi Cap Fund. If underperformance persists, consider switching to a better-performing multi-cap fund, such as Kotak Multi Cap Fund.

Recommended SIP Allocation (Post Changes)
Flexi-Cap Fund: Continue investing Rs 5,000 in Parag Parikh Flexi Cap Fund for diversified growth across market caps.

Mid-Cap Fund: Maintain Rs 10,000 SIP in Motilal Oswal Mid Cap Fund to capture mid-cap growth potential.

Multi-Cap Fund: Retain Rs 5,000 in Nippon India Multi Cap Fund but monitor its performance. Consider switching if it underperforms consistently.

Small-Cap Fund: Keep Rs 10,000 SIP in Nippon India Small Cap Fund and exit Quant Small Cap Fund to reduce overlap and risk.

Large-Cap Fund: Add Rs 5,000 in a stable large-cap fund such as SBI Bluechip Fund or ICICI Prudential Bluechip Fund for consistent returns with lower volatility.

Hybrid Fund: Allocate Rs 10,000 to a balanced advantage fund such as HDFC Balanced Advantage Fund or ICICI Prudential Balanced Advantage Fund for a mix of equity and debt stability.

General Suggestions
Review Portfolio Annually:
Regularly assess fund performance and rebalance to ensure alignment with your retirement goals.

Shift to Debt Gradually:
Start increasing debt exposure around age 50 to reduce portfolio volatility closer to retirement.

Emergency Fund and Insurance:
Maintain an emergency fund covering 6–12 months of expenses and ensure adequate health and term insurance coverage.

Professional Advice:
Continue investing through a reliable MFD or CFP to adapt your portfolio as per changing market conditions and personal goals.

Final Insights
Your portfolio is promising but needs adjustments to balance growth and risk. Reducing small-cap exposure and introducing large-cap and hybrid funds will add stability and align your investments with your retirement vision.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

..Read more

Latest Questions
Dr Nagarajan Jsk

Dr Nagarajan Jsk   |188 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on Dec 27, 2024

Listen
Career
Hello! Sir This is Sravani.I am a M.Pharmacy postgraduate and has a work experience of 6 years in Quality control department in pharma industry.At present i am working in the same department. But i want to go for work from home job.so that i can spend time with my kids. Both my kids are in kindergarten. It's becoming tough for me to manage both job & kids as my working hours are too long. Please do suggest me any kind of work from home job which suits my profile. Regards Sravani
Ans: Hi Sravanthi,

It's great to hear that you have six years of experience in Quality Control (QC). As you know, QC roles are generally onsite, unlike IT roles that can often be done remotely. Given your expertise in QC, you have the option to transition to Quality Assurance (QA), Regulatory Affairs (RA), or the Validation team, but we need to assess the feasibility of such a shift. While it is uncommon, it is possible to find roles in RA, such as preparing and submitting documents, pharmacovigilance, or medical scribing. However, since these are not your areas of expertise, if you choose to pursue them, you may be considered a fresher in those fields.

You also mentioned that need to work long hours. Even with work from home (WFH), you will likely face similar challenges; once you log in, you cannot skip the tasks assigned to you. Being at home may hinder your ability to care for your children, creating additional difficulties.

If you are financially stable, you might consider quitting your current job to find other opportunities or to take care of your family. If not, you will need to weigh your options carefully.

My recommendation is to prefer onsite work rather than WFH.

On a lighter note, there are many advantages to onsite work that can actually save you money—such as reduced electricity bills, food expenses, and travel costs. Compared to WFH, where you may incur higher electricity costs due to using AC and your computer, along with food expenses for snacks and meals.

Logically speaking, as a working woman, if your maid were asking for a WFH arrangement, how would you respond?

As an additional suggestion, you might consider applying for government jobs as a Junior or Senior Analyst in your state’s Drug Testing Lab within the Drugs Control Department.

Ultimately, I recommend that you continue in your current field and potentially explore opportunities in a different company or industry that offers a higher salary. Alternatively, you could also consider transitioning to QA, but ideally in an onsite position.

All the best.

...Read more

Dr Nagarajan Jsk

Dr Nagarajan Jsk   |188 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on Dec 27, 2024

Listen
Dr Shakeeb Ahmed

Dr Shakeeb Ahmed Khan  |132 Answers  |Ask -

Physiotherapist - Answered on Dec 27, 2024

Listen
Health
Knee Replacement- My doctor has advised me total knee replacement in right knee after examining X ray, as I am suffering from pain in right knee for last 12 months. Whether I have any options to avoid it or better to do to live pain free life after operation. I am worried about side effects, if any. Thanks Ganesh Surana
Ans: Dear Mr. Surana,
Thank you for your query. If your doctor has recommended a total knee replacement, it is likely based on the severity of your condition as indicated by the X-ray and your ongoing pain. However, you may still explore conservative options before deciding on surgery. I suggest consulting a physiotherapist for a comprehensive rehabilitation program. Physiotherapy can help strengthen the muscles around the knee, improve joint stability, and potentially reduce pain.
That said, your age and weight also play an important role in determining the best course of action. If you are overweight, weight management can significantly reduce stress on the knee joint and alleviate symptoms. Lifestyle changes, such as a tailored exercise regimen and a healthy diet, can also be beneficial.

If conservative measures don’t provide sufficient relief, total knee replacement may be the best option for living a pain-free life. It’s natural to be concerned about side effects, but modern surgical techniques and post-operative care have made the procedure highly effective and safe. Discuss all your concerns with your doctor and physiotherapist to make an informed decision.
Wishing you the best,

...Read more

Dr Shakeeb Ahmed

Dr Shakeeb Ahmed Khan  |132 Answers  |Ask -

Physiotherapist - Answered on Dec 27, 2024

Listen
Health
I AM HAVING UMBLICAL HERNEA PROBLEM.DOCOTR SUGGESTED ME TO BRING DOWN MY WEIGHT AND REDUCE FATTY BELLY BEFORE SURGERY.HE SUGGESTED ME TO WAIT FOR SURGERY TILL MY WEIGHT COMES DOWN FROM 92 KGS TO A REASONABLE LEVEL.PLEASE SUGGST ME WHAT EXERCISES i CAN DO TO ELIMINATE THE FAR BELLY WITHOUT DETERIORATING MY UMBLICAL HERNEA PROBLEM.PLEASE SUGGEST ME EXERCISES TO BRING DOWN MY BELLY. THANKS AND REGARDS. NVRSRINIVAS
Ans: Dear Mr. Srinivas,

Thank you for your query. Weight reduction is a gradual process that requires consistent effort and a balanced approach. It is advisable to consult a physiotherapist and a nutritionist to guide you through this journey. Focus on a high-protein, low-carbohydrate diet to support weight loss while maintaining muscle mass. Ensure your meals are nutritious and create a calorie deficit.

For exercise, start with low-impact aerobic activities such as walking, cycling, or swimming, as these can burn calories without putting pressure on your hernia. Incorporate gentle core-strengthening exercises like pelvic tilts and side planks to build core stability without straining the affected area. If suitable, include short bursts of high-intensity workouts or moderate-intensity, long-duration activities such as brisk walking or light jogging to enhance endurance and fat loss. Additionally, light resistance training can help maintain muscle mass, but avoid exercises that strain your abdominal muscles or involve heavy lifting.

Always consult a physiotherapist before starting any exercise program to ensure it is safe and appropriate for your condition. Wishing you success in your weight loss journey and a smooth recovery.

...Read more

Ramalingam

Ramalingam Kalirajan  |7363 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 27, 2024

Asked by Anonymous - Oct 22, 2024Hindi
Listen
Money
I have lost money around 8 lakhs in gambling now i want to restart my life fresh i need to settle my debts and loan with bank and NBFCs is it possible to settle money at 70 percent waived off
Ans: Restarting your life after financial setbacks is possible with a disciplined approach. Settling your debts with banks and NBFCs requires a strategic plan, negotiation, and commitment. Here's a 360-degree approach to help you resolve your situation:

Assess Your Current Financial Position
List All Debts: Create a detailed list of all outstanding loans and debts, including principal, interest, and penalties.

Identify Income Sources: Calculate your monthly income and any other sources of funds.

Evaluate Essential Expenses: Identify non-negotiable expenses such as rent, food, utilities, and transport.

Determine Negotiable Debts: Focus on debts with higher interest rates or legal implications.

Negotiating with Lenders
Possibility of Settling at 70% Waiver
Banks and NBFCs Are Open to Negotiation: They prefer recovering some amount rather than declaring a loan as non-performing.

Settlement Terms Vary: Each lender may have unique policies. Some might agree to 70% waiver, but others may not.

Present Your Case Transparently: Show proof of your financial hardship. Explain your inability to pay in full.

Request a One-Time Settlement (OTS): Offer to pay a lump sum of the waived-off amount to close the debt.

Steps to Negotiate Effectively
Reach Out to the Right Department: Contact the collections or recovery department of your lender.

Seek Professional Help: A certified financial planner or debt resolution expert can negotiate on your behalf.

Prepare a Settlement Plan: Propose a realistic amount you can pay. Mention the sources for this payment.

Ask for Written Confirmation: Ensure the lender provides a formal agreement on the waived-off amount.

Negotiate for Reduced Interest and Penalties: Request removal of penalties and reduction of interest rates.

Managing Your Financial Obligations
Repayment Strategy
Prioritise High-Interest Loans: Focus on clearing loans with higher interest rates first.

Consolidate Debts: Consider consolidating multiple loans into one with a lower interest rate.

Use Liquid Assets Wisely: If you have savings or assets, use them to reduce your debt burden.

Building a Fresh Financial Foundation
Avoid Gambling and High-Risk Activities
Adopt Healthy Habits: Seek professional help if gambling is an addiction. Join support groups like Gamblers Anonymous.

Focus on Financial Literacy: Learn to manage your money effectively through courses or books.

Create a Budget and Emergency Fund
Track Income and Expenses: Use apps or spreadsheets to monitor your financial activity.

Save for Emergencies: Set aside 3–6 months of expenses as a safety net.

Restart Investments Gradually
Start with SIPs: Begin investing small amounts in mutual funds. Avoid direct stock trading initially.

Build a Retirement Corpus: Plan for long-term financial security systematically.

Final Insights
Rebuilding your life after a financial setback takes effort but is achievable. Focus on negotiating your debts transparently and settling them systematically. Learn from past mistakes and adopt disciplined financial habits. Restart your journey with renewed confidence and a commitment to avoid risky behaviours. Seek professional guidance when needed to make informed decisions.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x