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Nikunj

Nikunj Saraf  | Answer  |Ask -

Mutual Funds Expert - Answered on Nov 30, 2022

Nikunj Saraf has more than five years of experience in financial markets and offers advice about mutual funds. He is vice president at Choice Wealth, a financial institution that offers broking, insurance, loans and government advisory services. Saraf, who is a member of the Institute Of Chartered Accountants of India, has a strong base in financial markets and wealth management.... more
Madan Question by Madan on Nov 30, 2022Hindi
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Hi Sir, I am 38 years old and the following are my investment portfolio:

Kotak Mulitcap Fund (G) 1000/-
UTI -nifty 50 index Fund (G) 2000/-
AXIS Midcap Dund (G)3000/-
HDFC Top 100 Fund (G) 3000/-
Kotak Flexi cap fund (G) 2500/-
DSP Equity & Bond Fund (G) 3000/-
SBI Focused Equity Fund (G) 3000/-
AXIS Bluechip Fund (G) 2500/-

Please let me know if I need to change anything in the above list, I am investing in these Mutual funds for longer term and gains. 

Ans: Hello Madan Rao. Looking at your portfolio. I would advice reconsider your schemes of AXIS Bluechip Fund, HDFC Top 100 Fund & Kotak Flexi cap Fund to better alternative peer 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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Omkeshwar

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I am 35 years old and working with a PSB. I have recently started investing in mutual funds. My present portfolio details are as below. Please advise on any change if required in my portfolio with objective of investment for long term. Name of Fund Present Value SIP Amount 1. Axis Long Term Equity 30000 2000 2. Edelweiss Balanced Advantage 10000 2000 3. HDFC Small Cap 11000   4. ICICI Pru Equity & Debt 25000 1000 5. ICICI Pru US Bluechip 10000   6. Kotak Asset Allocator Fund 10000 2000 7. Parag Parikh Flexi Cap 20000 2000 8. SBI Nifty Index 22500 1000
Ans: Please continue with 1, 2, 5, 6, 7 & 8

Axis Small Cap / Kotak Small Cap are better Small Cap options

Axis Equity Hybrid or Canara Robeco Equity hybrid are better aggressive hybrid funds

Tim: My mutual fund schemes are as below. Please advise which funds I should continue / discontinue 

Mutual Fund Scheme Start Date Frequency

1. NIPPON INDIA MULTI CAP FUND - GROWTH PLAN GROWTH OPTION

10-01-2014 Monthly

2. ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth

07-06-2015 Monthly

3. UTI Unit Linked Insurance Plan - 15 Year - Regular Plan

07-06-2017 Monthly

4. Aditya Birla Sun Life Tax Relief'96 Fund-

07-07-2017 Monthly

5. SBI Blue Chip Fund - Direct Plan - Growth

15-07-2017 Monthly

6. Tata Digital India Fund Direct-Growth

10-07-2018 Monthly

7. ICICI Prudential Value Discovery Fund - Direct Plan - Growth

07-10-2018 Monthly

8. Tata Small Cap Fund - Direct Plan - Growth

12-11-2018 One time

9. ICICI Prudential India Opportunities Fund Direct Plan Growth

28-12-2018 One time

10. Franklin Build India Fund - Direct-GROWTH Plan

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Ramalingam

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Mutual Funds, Financial Planning Expert - Answered on May 26, 2024

Asked by Anonymous - Feb 29, 2024Hindi
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Hello I'm working in private sector and my age is 34. Currently i'm investing in 7 mutual funds for longterm wealth creation. Rs1000 in Quant Small Cap Fund Direct Plan Growth, Rs1000 in Quant Mid Cap Fund Direct Growth, Rs1000 in Quant ELSS Tax Saver Fund Direct Growth, Rs1000 in Parag Parikh Flexi Cap Fund Direct Growth, Rs1000 in Nippon India Nifty Smallcap 250 Index Fund Direct Growth, Rs1000 in Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth, Rs1000 in DSP Nifty 50 Equal Weight Index Fund Direct Growth. Please let me know if you see any need for corrections or changes in my portfolio. Thank you.
Ans: Evaluating and Optimising Your Mutual Fund Portfolio
Commendation on Your Investment Strategy
First, congratulations on your commitment to long-term wealth creation. At 34, you have ample time to grow your investments, and your diversified approach is commendable. Investing in mutual funds is a smart way to build wealth over time.

Analysis of Your Current Portfolio
Understanding Your Choices:

You are currently investing Rs. 1,000 each in seven mutual funds. Your portfolio includes small-cap, mid-cap, ELSS tax saver, flexi-cap, and index funds. This diversification helps spread risk across different market segments.

Pros:

Diversification: Your investments cover various market capitalisations and sectors, reducing risk.
Growth Potential: Small-cap and mid-cap funds can offer high growth potential over time.
Tax Savings: ELSS funds provide tax benefits under Section 80C.
Cons:

Overlapping Investments: Multiple funds in similar categories can lead to overlapping, reducing overall diversification.
Management Effort: Managing many funds can be time-consuming and may require frequent monitoring.
Assessing Direct Funds vs. Regular Funds
Direct Funds:

Lower Expense Ratios: Direct funds have lower expense ratios, meaning more of your money is invested.
Requires Expertise: Direct investing requires a good understanding of the market and funds.
Regular Funds:

Professional Guidance: Investing through a Mutual Fund Distributor (MFD) with a Certified Financial Planner (CFP) provides expert advice.
Active Management: Professional fund managers actively manage your investments, aiming to outperform the market.
Evaluating Actively Managed Funds vs. Index Funds
Actively Managed Funds:

Potential for Higher Returns: Fund managers actively select stocks to beat the market, potentially offering higher returns.
Personalised Management: These funds can be tailored to market conditions and investment goals.
Index Funds:

Market Performance: Index funds aim to replicate the market, which may limit returns.
Lower Fees: They generally have lower fees but lack the flexibility of active management.
Suggested Portfolio Adjustments
To optimise your portfolio, consider the following adjustments:

Reduce Overlap:

Consolidate Funds: Streamline your investments by consolidating funds with similar objectives. This reduces overlap and simplifies management.
Increase Active Management:

Professional Management: Shift some investments from index funds to actively managed funds. This leverages the expertise of professional managers.
Balance Risk and Return:

Diversify Wisely: Ensure a good mix of high-growth potential funds and stable investments. This balances risk and return effectively.
Empathy and Understanding Your Financial Goals
Your dedication to investing and building wealth is admirable. It’s essential to align your investments with your long-term goals. By reviewing and adjusting your portfolio, you can enhance its performance and achieve financial success.

Conclusion
Your current investment strategy is on the right track. With some adjustments and professional guidance, you can optimise your portfolio for better returns. Diversification, professional management, and balancing risk will help you achieve your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ans: Dear Shristi,
It is obviously very shocking for you to know that things have been happening behind your back.
Now, how you want this to move on from here on, is a decision only you must make! Have you had a chat with your wife about the association that she has with the other person? Does she know that you know about it?
If she doesn't, then you need to make her aware and yes, do ask her whether she is interested at all in the marriage. That will give you an idea as to whether things are worth fighting for or is it best to walk away!

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Asked by Anonymous - Nov 03, 2024Hindi
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Hello madam I a 32 year old married man with a kid , who is 6 years old. I have done arrange marriage with my own decision I agreed to my parents for the marrige at that time I was in a casual relationship with a girl I didn't said anything to the girl and get married to someone else. After that I tried to live a happay life with my wife without thinking about the girl whom I left behind, from outside I tried to be happy with my wife but my wife thought doesn't matches with me so I felt so disturbed from inside. Still I was trying to continue the relationship for sake of our child but suddenly I got my ex love contact and I was so happy that after so long time I got a chance to talk to her, I have tried to meet her but she always refused to meet me because she was in a relationship. I tried many times and due to some misconduct I again lost her for the second time. At this moment when she is not with me her thoughts memories are troubling me so much I am in pain, what am I suppose to do to get rid of the pain?? Please help
Ans: Dear Anonymous,
There is no point wanting a 'past' relationship just because you have one...what if that relationship did not exist, you would have possibly made efforts to make your marriage work, right?
Then do just that...DO NOT treat your marriage as an option...which marriage is a perfect one? And are all spouses tailor-made to fit one another?
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Hii, I have an love marriage after 9 years of dating and 6 years, 2 children post marriage, my little one is 11 months old now. My husband has an affair upto chatting to someone in his company, his junior but in different department, when my Lil one was 1 month old, we had in a rough patch then due to child birth and family drama. When I saw it and confronted him, he said he is sorry and won't do it again, we had multiple fights for 3-4 months after then due to same reason, but he mostly listen and consol. It's been a lot of mental torture for me. I love my husband a lot and he is a good person, but sometimes sill I see her msg in his phone asking for small helps or casual msg. She is also married. I am not sure my husband deletes msg or what, I am not able to get over this. Before it, this is was preety much a good relationship. I am highly educated and independent women. I don't want anything form my husband apart from love. What should I do, whenever I tell him I want to just leave and let him have his life, he won't let me somehow. We are having a good physical relationship 2-4 times a week( just to tell where we are). Please help me...I can't overcome that he is making fool of me...
Ans: Dear Anonymous,
I am sorry to hear you are in such a tough spot. I would suggest considering marriage counseling. A professional who can help you both tackle these issues would be helpful in this situation. I understand that it was his mistake and he needs to put the effort to make you trust him again, but since you are still together, you will also have to put in the effort to let it. I know it is difficult and that's where marriage counselor comes in. They can help you navigate these feelings. Moreover, if he is indeed hiding something, therapy can help that come out in the open.

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Hi, Me(M38) and wife(F37) happily married for 12 years and blessed with one daughter. Partner(F28)continuing friendship with a person[M] who had crush on her before marriage considered emotional infidelity? Me(M38) and wife(F37) happily married for 12 years and blessed with one daughter. My wife is having friendship (strictly platonic) with a guy from her 10tlh grade (same class). Before our marriage (she may be doing her college, our relationship just started may be 2 weeks) this guy told her he has genuine interest in her and he want to take the relationship further if she wants, she said she is not interested in a relationship and she got committed, she always saw him as a friend, no other feelings for him and we can be friends if you don't bring any romantic interest again. He never took this talk again ever after and happy to be a friend. They are talking as friends. She got married to me. He also got married. They still do chats once in a month. She introduced me to him and visited his home when we visited his city. He also came to our home once (me and my family was there). She used to update me with chat she had with him and the content they are chatting. I am ok with that When we were talking about our school life and college life 2 years before. She said this guy had crush on her during her college days. I asked her, why did not she tell me this info till now. She said it is not purposely, she does not feel the need to do as the person is not in-appropriate with her and continuing as good friend as promised after she rejected his proposal. I don’t want to create any unnecessary issues as I don’t have any felling or so with him. That time I checked their chats completely, it’s about update about their common friends, their recent travel, their job, meditation courses and the books they read recently. I haven’t seen any flirting or romantic message from either of them. So I am perfectly fine with it and had no problems. I recently came to know about the concept of emotional cheating which is very new to me. Before that cheating to me is only flirting, sexeting and physical sex. I have asked for advice in redddit.com in infedility sub forum about emotional cheating/ emotion affair. There persons are advising like even having friendship with someone who had crush on you is emotional cheating as it is indirectly leading them on you. So with an omission of lie he had crush on her and indirectly leading him on you wife was emotionally cheating on you. This is very much equal to cheating. I do have lots of friends in other gender, but no one had crush on me. Does this count as emotional cheating/affair as she did not mention he had crush on her before marriage? I am little depressed and not able to spend quality time with my wife who is in postpartum depression and take care of our daughter properly as before. Do you guys advise me how to navigate this situation?
Ans: Dear Anonymous,
Are you really going to ruin your happy relationship based on some new term you have learned recently? Emotional cheating and many more terms of the kind will come and go, what truly matters is the truth. She is merely friends with this guy and for your peace of mind, you have even checked their conversations- what part of it looks like cheating to you? If tomorrow, some random person projecting their own insecurities claims that a man speaking to a woman is some "new form" of cheating, would you start believing that? My point is that these are just random opinions of some people- it isn't the ultimate truth. The entire context matters. This man had a crush on your wife, she rejected it, and now they are just friends. I find absolutely no misconduct or infidelity in this. The fact that none of your friends had a crush on you does not factor in at all. Moreover, your wife is in postpartum depression- that should be your biggest concern but here you are, giving more importance to the random 2 AM thoughts of some people you don't even know. Please rethink if you are being fair to your wife- the mother of your child.

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