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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Feb 16, 2022

Mutual Fund Expert... more

Question by Bijay on Feb 16, 2022Hindi

Money

I am 36 yrs working in a reputed MNC IT company having 14 yrs of IT Experience. I have invested in MF since 2016 with a long goal for capital appreciation, for buying Home, Child education and retirement plan. I can take moderate Risk. Below are my MFs, could you please suggest by looking my portfolio (55% Equity, 45% debt value)

Axis Blue Chip Fund Direct Growth - SIP 7500

Mirae Asset Emerging Bluechip(G) - SIP 7500

Kotak Emerging Equity Scheme Growth - SIP 5000

Parag Parikh Long Term Equity Growth SIP 5000

UTI Equity Growth Direct Plan SIP 5000

Axis Small Cap Growth - SIP 5000

Franklin India Smaller Cos Fund(G)- SIP 3000

SBI Focused Equity GrowthÂ&nbsp - SIP 5000

Axis Short Term Growth (Short Duration Fund) - SIP 20000

Aditya Birla Sun Life Banking & PSU Debt Growth SIP 5000

Nippon India Gilt Securities Growth - SIP 5000

Nippon India Liquid Growth - SIP 10000

Ans: This is fine; we can review it post 1 year

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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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jun 15, 2022

Question by Satish - Jun 15, 2022Hindi

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Please advise me on my following MF investments: - Axis Nifty 50 direct-G - Kotak Global Innovation direct- G - Axis Multicap-G SIP 5K - Axis LongTerm Equity- G - Aditya Birla Flexicap direct- G - Kotak Debt Hybrid direct- G - Parag Parikh Flexicap direct-G SIP 10K - Axis Global Eq SIP 5K - Mirae Asset Emerging Bluechip direct -G SIP 2.5 K -Mirae Asset Tax saver direct -G SIP 6K -Mirae Asset Largecap direct- G - Mirae Asset Healthcare direct- G - Kotak Flexicap direct G - HDFC Hybrid Eq - G - Aditya Birla Eq Advantage – G

Ans: Too many funds, saving grace is most are decent funds, try to consolidate into 4-6 funds

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Sep 08, 2021

Question by Vijay - Sep 08, 2021Hindi

Money

I am 41 and working in a private organisation. I have started investing in MFs since the last three years. Please find below my investment portfolio. Request your valuable advice. Product Name SIP/PM Purchase Value 1. Axis Flexi Cap Fund Regular Growth Rs 2,000 Rs 87,000 2. Aditya Birla Sun Life Equity Fund Regular Growth Rs 2,000 Rs 87,000 3. HDFC Mid-Cap Opportunities Fund Regular Growth Rs 2,000 Rs 87,000 4. Nippon India Small Cap Fund, Regular Growth Rs 2,000 Rs 92,000 5. ICICI Prudential Value Discovery Fund, Regular Growth Rs 2,000 Rs 87,000 6. HDFC Low Duration Fund, Growth (formerly HDFC Cash Management Fund -- Treasury Advantage Plan) Rs 5,000 Rs 20,000 7. HRERP/Retirement Savings Equity Regular GR Rs 5,000 Rs 20,000 8. Kotak Flexi Cap Fund, (G) Regular Rs 1,300 Rs 27,300 9. Aditya Birla Sun Life Pure Value Fund, Regular Growth Rs 1,200 Rs 18,000 10. L&T Midcap Fund, (G) Rs 1,200 Rs 25,200 11. Franklin India Feeder Franklin US Opportunities Fund, (G) Rs 1,300 Rs 7,200 Product Name Purchase Value 1. SBI Flexicap Fund-Dir Gr Rs 20,000 2. SBI Large & Midcap Fund Direct Gr (formerly SBI Magnum Multiplier Fund) Rs 20,000 3. SBI Magnum MidCap Dir Fund-G Rs 20,000 4. SBI Blue Chip Fund -- Direct Plan, Growth Rs 5,000 SBI Magnum Constant Maturity Fund Direct Growth Rs 5,000

Ans: Too many funds; please continue with 1, 3, 4, 5 and 11.

Keep the lumpsums invested.

Hardik Parikh |106 Answers |Ask -Follow

Tax, Mutual Fund Expert - Answered on Apr 07, 2023

Question by Manoj - Mar 29, 2023Hindi

Money

Hello Sir , My Self Manoj ,I am 40 years old a salaried person , and investing in MFs Since 5.5 years I have below current ongoing investments Aditya Birla FlexiCap Fund -- 7000 p.m.(SIP) HDFC Midcap Opportunities fund ---4000 p.m.(SIP) HDFC Hybrid Equity Fund ----2000 p.m.(SIP) DSP mid cap fund ---2000 p.m.(SIP) DSP Select Focus Fund ---2000 p.m.(SIP) DSP Small Cap Fund 3000 p.m.(SIP) Kotak Equity Opportunities Fund ---2000 p.m.(SIP) SBI Blue Chip Fund -----64000 (lumpsome) SBI Small cap fund ----2000 p.m.(SIP) Nippon India small cap fund ----2000 p.m.(SIP) Invesco Small cap fund ---1000 p.m.(SIP) Tata Small cap fund ----1000 p.m.(SIP) Mahindra Unnati Emerginf Business yojana ----2000 p.m.(SIP) Tata Balanced Advantage Fund -----50000 Mirae Asset Mid cap Fund ---2000 p.m.(SIP) ICICI Flexicap fund -----70000 (lumpsome) DSP Equity and Bond Fund---- 32000 (lumpsome) DSP Dynamic Asset Allocation Fund ----23000 (lumpsome) Sundaram Emerging small cap series1---17000 (lumpsome) Sundaram Services Fund---500 p.m.(SIP) Tata Flexicap Fund ----17400 (lumpsome) Baroda BNP Paribas Flexicap Fund ----50000 (lumpsome) Icici Blue chip Fund ---400 p.m.(SIP) Edelweiss small cap fund ----2000 p.m.(SIP) Axis Flexicap Fund ----19000 (lumpsome) Sundaram Small cap fund ----98000 (lumpsome) ICICI mnc fund---- 6000 (lumpsome) Axis mid cap fund ---500 p.m.(SIP) Canara Robeco small cap fund -----1000 p.m.(SIP) BOI small cap fund ----1000 p.m.(SIP) Aditya birla multicap fund----50000 (lumpsome) Kotak Multicap fund -----25000 (lumpsome) HDFC world indexes fund of fund---10000 (lumpsome) SBI Multicap fund ---1000 p.m.(SIP) PGIM India mid cap oppportunities fund ---1000 p.m.(SIP) Axis small cap fund ----500 p.m.(SIP) Edelweiss focused equity fund ---21000 (lumpsome) UTI flexicap fund ---3000 p.m.(SIP) Quant Large cap fund ---25000 (lumpsome) IDFC mid cap fund ---25000 (lumpsome) White Oak mid cap fund ---20000 (lumpsome) Sundaram Flexicap fund ---700 (lumpsome) Canara Robeco mid cap fund ---2000 p.m.(SIP) Mahindra small cap fund---2000 p.m.(SIP) Total amount of SIP is roughly around 45k per month, Since December 2016 till the date now my investment corpus in Mutual Fund has been now 30.5 lakhs , also i have 30k invested in direct stocks in Indian equity Market. I have 3 LIC policies and 1 term insurance policy of 1 crore cover,I have Bank FDs in nationalised bank for about 27 lakhs , and 3 lakhs in PPF My Goals are 1) 2 crores for my children's marriage and education 2) 2 crores for buying home 3) 4 crores for retirement life (after 10 years) In total i want to generate 8 crores in next 10 years. Kindly suggest if i would be able to achieve the goals in next 10 years,and changes if required any Regards Manoj

Ans: Hello Manoj,

It's great to see that you've been disciplined with your investments and have built a sizable corpus already. To assess if your current investments will help you achieve your goals of 8 crores in the next 10 years, let's take a closer look at your financial situation and goals.

Current Investments:
Mutual Funds: ~30.5 lakhs
Direct stocks: 30k
LIC policies and term insurance: Not considered for investment purposes
Bank FDs: 27 lakhs
PPF: 3 lakhs
Total: ~60.5 lakhs
Monthly SIP investments: ~45k
Now let's analyze your goals:

Children's marriage and education: 2 crores
Buying a home: 2 crores
Retirement life (in 10 years): 4 crores
Total: 8 crores
Assuming an average annual return of 12% on your equity investments, here's a rough projection of your portfolio's growth:

Current investments (60.5 lakhs) in 10 years: ~1.87 crores
Monthly SIPs (45k) in 10 years: ~1.05 crores
Total: ~2.92 crores
Based on this calculation, you would not reach your goal of 8 crores in the next 10 years. However, you can consider making some changes to improve your chances:

Reassess your goals: Consider if your goals are realistic and if there's any flexibility in the amounts or timelines.
Increase your SIP investments: As your salary increases, try to increase your SIP investments to accelerate your portfolio's growth.
Rebalance your portfolio: Regularly review your portfolio to ensure it's aligned with your risk appetite and financial goals. This may involve reducing the number of funds or shifting the allocation between equity and debt.
Monitor fund performance: Keep an eye on the performance of your funds and consider replacing underperforming ones.
Remember that financial planning is an ongoing process, and it's essential to periodically review and adjust your strategy. It's also a good idea to consult with a professional financial advisor to get personalized advice for your specific situation. While it might be challenging to achieve 8 crores within 10 years, these suggestions may help you get closer to your goals.

Best regards,

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Tax, MF Expert - Answered on Oct 09, 2023

Question by Kannan - Oct 09, 2023Hindi

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Hello, I am 39 years old and have just started to invest in MF. Aim is to have good retirement life and funds for son’s education in the next 6-7 years. I am good to invest 1-1.2lacs a month and currently started investing in below funds: Mirae large and Mid cap funds Nippon small cap Kotak emerging funds ICICI Pru blue chip Axis Mid Cap Axis Multi cap SBI Magnum Midcap Quant Mid Cap

Ans: Hello, you are on the right path. Keep the discipline and you will reach your goal as decided by you

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Mutual Funds, Financial Planning Expert - Answered on Apr 23, 2024

Question by Rajeev - Oct 13, 2023Hindi

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Hello, I am 41 years old and have just started to invest in MF. Aim is to have good retirement life and funds for daughter’s education in the next 9-10 years. I am not good to invest 8-12k a month and currently started investing in below funds: Nippon small/Large cap, Kotak, Canara, Axis, ICICI & SBI Bluechip

Ans: It's commendable that you've taken the initiative to invest for both your retirement and your daughter's education. Diversifying across various mutual funds is a strategic move akin to planting different seeds in a garden. Each seed has its unique growth trajectory and potential.

However, while variety is good, it's also essential to ensure that these funds align with your financial goals and risk tolerance. Sometimes, having too many funds can complicate tracking and managing your investments. Consider reviewing your portfolio periodically to ensure it remains in line with your objectives.

As you journey towards your retirement and your daughter's educational goals, remember that patience and consistency are your allies. The world of mutual funds can be unpredictable, much like the seasons. There will be periods of growth and times of stagnation. Stay invested, stay informed, and consider seeking advice from a financial advisor to nurture your financial garden effectively.

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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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