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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Nov 02, 2022

Mutual Fund Expert... more
Naveen Question by Naveen on Nov 02, 2022Hindi
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I am 38 years old. I am investing 25k per month in MFs. Like to increase the investment to 40k per month. Need your advice for the same.

Goal: Planning to have a corpus of 2 crore when I turn 50 year old. i.e 12 years from now.

Investment Details:

  1. Axis Long Term Equity Fund - Direct Growth - 10000
  2. Axis Bluechip Fund - Direct Growth - 2500
  3. Kotak Small Cap Fund - Direct Plan - Growth (Erstwhile Kotak Mid-Cap) - 2500
  4. Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth - 2500
  5. Mirae Asset Tax Saver Fund - Direct Growth - 2500
  6. SBI Magnum Global Fund - Direct Plan - Growth - 2000
  7. SBI Flexicap Fund - Direct Plan - Growth - 1500
  8. SBI Blue Chip Fund - Direct Plan - Growth – 1500

Ans: Sufficient funds are already there; no need to add any further schemes. Increase proportionately

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

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Apr 05, 2022

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I hv just started my investment in MFs. I am 24yrs and want to make a corpus of Rs. 3 to 4 Cr by investing in MFs in 20 to 25 yrs. Pls guide me how can I achieve my target. DSP MID CAP Rs 5KCANARA ROBECO EMERGING (R) G Rs 5K AXIS MID CAP Rs 3K SBI FOCUSED EQUITY (R) G Rs 5K ICICI PRU FLEXICAP G Rs 5K AXIS ESG FUND Rs 10K I CAN ALSO INVEST IN LUMP SUM OF RS. 2.00LAC. Looking forward to your advice. Omkeshwar Singh Please continue and yes you may invest Rs. 2 lakh as lump sum proportionally in all the above funds. Abhsihek Sarin: This is in regards to your Ask MF Guru section on Rediff.com. Requesting your advice on and review of the following investments. I have recently started a mutual fund portfolio at age 25, with monthly SIPs totalling Rs 8500, and targeting a total monthly investment of Rs 10000. The mutual funds I have currently invested in are: Aditya Birla Sun Life Corporate Bond Fund Direct Growth - Rs 3000 monthly SIP Mirae Asset Tax Saver Fund Direct Growth - Rs 1500 monthly SIP Axis Small Cap Find Direct Growth - Rs 1500 monthly SIP ICICI Prudential Technology Direct Plan Growth - Rs 2500 monthly SIP Risk appetite is very high; annual step up is targeted at 15% and the aim is to achieve Rs 1cr corpus in 15 years from today i.e. age 40. Please review the above investments, and also suggest a moderate risk mutual fund to invest the remaining Rs 1500.
Ans: Portfolio is fine and it's good that you have started investing early. For moderate risk you may look at hybrid funds in balanced advantage category.

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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on May 26, 2021

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I have below investment in MFs and I want to accumulate 3 crore by 2030, I want to invest 50K monthly (currently 27500 SIP and rest lump sum invest in other funds based on condition). Please suggest if to continue or shift to other options. Also any new funds to add to have aggressively diversified portfolio. MF Name Avg. NAV Amount Invested No. of Units Current Value Invest mode Nippon India Gilt Securities Fund (Growth) 29,81 25000,00 838,711 25018,08 Lump sum Nippon India Income Fund (Growth) 67,54 95000,00 1406,554 98488,46 5000 SIP (monthly) Axis Bluechip Fund - Growth 31,18 160000,00 5130,554 198603,74 10000 SIP (monthly) Axis Multicap Fund - GROWTH 12,44 95000,00 7633,650 118550,58 Lump Sum Kotak Gold fund growth 20,58 17500,00 850,325 15735,18 Lump sum Kotak NASDAQ 100 Fund of Fund- Growth 9,88 25000,00 2529,782 23889,74 Lump sum Mirae Asset Emerging Bluechip Fund - Growth Plan 56,91 107500,00 1888,862 147234,90 2500 SIP (monthly) it was 10K SIP, but reduced later by MF house Mirae Asset Large Cap Fund- Growth Plan 52,24 75000,00 1435,544 93987,94 5000 SIP (monthly) NIPPON INDIA MULTI ASSET FUND-GROWTH PLAN 10,51 50000,00 4758,436 53394,41 Lump Sum     650000,00   774903,03  
Ans: Rs 1,20,000 investment in equity oriented funds per month is required to create a corpus of Rs 3 cr in 10 years.

Both schemes of Axis and Mirae along with Kotak Nasdaq are good schemes to be continued

Debt funds will not be able to generate the kind of returns required to achieve the corpus

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Dev

Dev Ashish  | Answer  |Ask -

MF Expert, Financial Planner - Answered on Apr 26, 2023

Asked by Anonymous - Apr 20, 2023Hindi
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hi, Im investing monthly around Rs 12.5K in MF, as per the following - Canara Robeco Small capMF - Rs 2.5K, PGIM Mid cap oppurtunities - Rs 2.5K, Tata Digital - Rs 2.5K, Quant Active - Rs 5K. I am intending to increase monthly investment in MF from present Rs 12.5 k to Rs 50K & needed a corpus of at least 1.25 Cr in next 10 years. can you check my portfolio & suggest for any changes or the same appears to be in order
Ans: While the amount that you now wish to increase your monthly SIPs to, i.e. Rs 50,000 would be a reasonably good figure to achieve Rs 1.25 Cr in 10 years, the choice of funds needs a thought.

First of all, nothing is known about your risk appetite. But assuming you belong to at least the Moderately Aggressive bucket, you should stick to the following fund categories and allocations -

Largecap Index Funds - 10K
Flexicap Funds - 12.5-15K
Large&Midcap Funds - 12.5-15K
Midcap Funds - 5-7.5K
Smallcap Funds - 5-7.5K

In my view, you don't need sectoral or thematic funds (like the one you have) in your portfolio. The above-suggested fund allocation will be sufficient to help you reach your goal. Also, make sure you increase your monthly SIPs each year as your income increases.

Also, just targeting a future amount may not be enough. It is always advisable to link all your investments to your real financial goals and follow a goal-based investment philosophy.

And if you have other goals that also need investment and you are unsure how to allocate to them all, it is suggested that you get in touch with an investment advisor with full details to better plan your finances.

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Moneywize

Moneywize   |174 Answers  |Ask -

Financial Planner - Answered on Sep 08, 2024

Asked by Anonymous - Sep 05, 2024Hindi
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I am investing monthly around Rs 18,000 in MFs, as per the following: Canara Robeco Small capMF - Rs 4.5k, PGIM Mid Cap Opportunities - Rs 4.5k, Tata Digital - Rs 4.5k, Quant Active - Rs 4.5k. I am intending to increase monthly investment in MF from present Rs 18k to Rs 40k & needed a corpus of at least 1 cr in next 10 years. Can you check suggest if my portfolio needs any changes or the same appears to be in order?
Ans: To reach a corpus of Rs 1 crore in 10 years, you will need to invest in funds that generate around 10-12 per cent annual returns. Your current portfolio is diversified across small-cap, mid-cap, digital, and active funds, which can work well but also carries some volatility, especially in sectoral and small-cap/mid-cap funds.

Portfolio Review:

• Canara Robeco Small Cap Fund: Good for aggressive growth but highly volatile. Keep it if you're comfortable with higher risk.
• PGIM Mid Cap Opportunities Fund: Another growth-oriented fund with decent potential. It's good to have some exposure to mid-caps.
• Tata Digital Fund: Sectoral funds are risky because they are dependent on the sector's performance. Digital/technology funds can be volatile; consider reducing exposure here.
• Quant Active Fund: A multi-cap approach with flexibility across market caps. This fund provides balance and is good for diversification.

Suggestions:

• Increase Allocation to Large Cap/Index Funds: You may want to balance your portfolio with a large-cap or index fund like UTI Nifty 50 or Mirae Asset Large Cap Fund. Large-cap funds provide stability and reduce overall portfolio volatility.
• Reduce Sector-Specific Exposure: Consider trimming your allocation to Tata Digital Fund, as sectoral funds can face prolonged underperformance during sector downturns. You can reallocate this to a more diversified fund.
• Balanced Fund: Add a balanced or hybrid fund like HDFC Balanced Advantage Fund or ICICI Prudential Balanced Advantage Fund for better risk management while maintaining growth potential.
• Debt Component: To hedge against equity risk, consider adding a small portion to a short-term debt fund or gilt fund, which can provide stability during volatile periods.

Suggested Structure After Increase:

• Canara Robeco Small Cap Fund: Rs 6,000
• PGIM Mid Cap Opportunities Fund: Rs 6,000
• Quant Active Fund: Rs 6,000
• Mirae Asset Large Cap Fund: Rs 6,000
• HDFC Balanced Advantage Fund: Rs 6,000
• ICICI Prudential Multi Asset Fund: Rs 5,000
• UTI Nifty 50 Index Fund: Rs 5,000

This adjusted allocation will maintain growth potential while providing a cushion against volatility.

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Milind

Milind Vadjikar  |702 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 26, 2024

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Hi Experts, I seek your guidance on my mutual fund portfolio. Below are the details: Total Portfolio Details: - Total Invested Amount: ?15,76,159 - Current Value: ?19,35,234 - Total Returns: ?3,59,075 (+22.78%) - XIRR: 20.75% Monthly SIP Contribution: ?1,18,000 Breakdown of monthly SIP contributions across funds: 1. Parag Parikh Flexi Cap Fund Direct Growth – ?30,000 2. SBI Large & Midcap Fund Direct Plan Growth – ?15,000 3. SBI Magnum Mid Cap Fund Direct Plan Growth – ?20,000 4. Nippon India Large Cap Fund Direct Growth – ?30,000 5. Nippon India Small Cap Fund Direct Growth – ?7,500 6. ICICI Prudential Technology Direct Plan Growth – ?10,000 7. Quant Small Cap Fund Direct Plan Growth – ?7,500 8. HSBC Small Cap Fund Direct Growth – ?5,000 9. Edelweiss US Technology Equity Fund of Funds Direct Growth – ?5,000 Can you suggest if I am on track to create 5 CR corpus in 10 years I have ?25 lakh invested in a Fixed Deposit (FD) in my mother’s account, earning an interest rate of 7.75%, to generate tax-free returns. Additionally, I’m planning to purchase a plot worth ?30–50 lakh in the next 1–2 years. Is it a good idea to keep the money in FD for now, or are there better short-term investment options I should consider to maximize returns while keeping the funds accessible for my future purchase? Looking forward to your suggestions! Thank you!
Ans: Hello;

Your monthly sip value adds upto 1.3 L however you have claimed it to be 1.18 L. (Maybe a typo).

Existing corpus(19.35 L) and monthly sip (1.3 L) won't reach 5 Cr in 10 years.

You have two options to make it happen:

1. Increase monthly sip amount to 1.9 L.

2. Top-up current monthly SIP of 1.3 L by minimum 10% each year for 10 years.

Both ways will lead you to a corpus of 5 Cr over 10 years.

You may consider money market mutual funds for parking your funds for a 1 year horizon. Returns may be comparable to FD returns but with flexibility to withdraw anytime. They typically have low to moderate risk.

Happy Investing;
X: @mars_invest

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Nayagam P

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Career Counsellor - Answered on Nov 26, 2024

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Is doing BBA + Law (Honors) from BITS Law is worth
Ans: Anju, prior to addressing the question, I would like to draw your attention to a recent article in 'The Times of India' which indicates that a majority of law graduates tend to favor employment in corporate settings over practicing in courts. Now, coming to your question, please note, BITS Law School's BBA + LLB (Hons) program is a 5-year program that combines business administration with legal studies. The program focuses on areas such as corporate law, intellectual property, business laws, and dispute resolution. The program offers a strong multidisciplinary approach, preparing students for careers in corporate law, legal consultancy, and management. Its strengths include a business + legal acumen curriculum, industry-driven curriculum, and a reputation for excellence in education and placement opportunities. However, it lacks the legacy and alumni network of top-tier law schools and can be expensive. Career opportunities include corporate and business law, management roles, consulting, entrepreneurship, academia/research, international arbitration, cyber and technology law, corporate governance, and intellectual property rights. The program is worth considering if you aim for a corporate or business law career, are comfortable with the cost and value of the BITS brand, and have excellent industry connections and internships. Build your profile well by the time you complete your BBA+LLB & improve your all other skills required. All the BEST for Your Prosperous Future.

To know more on ‘ Careers | Education | Jobs’, ask / follow Us here in RediffGURUS.

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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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