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Ramalingam

Ramalingam Kalirajan  |9758 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Asked by Anonymous - Apr 13, 2024Hindi
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I am 41 years old and I am Investing 18000 in 9 mutual funds in SIP mode. Out of 9 sip two are ELSS tax saver, 1 hybrid, 3 large and midcap, 2 largecap, 1 Hybrid and 1 small cap. I am investing for my child's education. Please suggest is it ok to continue or I have to switch to other funds.

Ans: Investing in mutual funds through SIP mode for your child's education is a prudent step towards securing their future. Let's assess your current investment strategy and provide some guidance:
1. Diversification: Investing in 9 mutual funds across different categories reflects a diversified approach, which can help spread risk and capture opportunities across various market segments. It's commendable that you have exposure to different types of funds, including ELSS tax saver, hybrid, large & midcap, largecap, and small cap funds.
2. ELSS Tax Saver Funds: ELSS funds offer the dual benefit of tax-saving under Section 80C of the Income Tax Act and potential capital appreciation. Since these funds have a lock-in period of 3 years, ensure that you're comfortable with the lock-in period and the risk-return profile of the funds.
3. Hybrid Funds: Hybrid funds invest in a mix of equity and debt instruments, providing a balanced approach to growth and stability. These funds can be suitable for investors with a moderate risk tolerance and a long-term investment horizon. Review the asset allocation and performance of the hybrid fund to ensure it aligns with your investment objectives.
4. Large & Midcap, Largecap, and Small Cap Funds: These funds provide exposure to different market segments, offering diversification and potential for growth. It's essential to monitor the performance of these funds regularly and assess whether they continue to meet your investment goals and risk tolerance.
5. Review and Rebalance: Periodically review your investment portfolio and rebalance if necessary to ensure it remains aligned with your financial goals and risk tolerance. Consider factors such as changes in market conditions, fund performance, and your investment horizon when making adjustments to your portfolio.
6. Professional Guidance: Consider consulting with a Certified Financial Planner (CFP) or financial advisor to review your investment strategy and provide personalized guidance based on your financial situation and goals. A professional can help you optimize your investment portfolio and make informed decisions to achieve your child's education goals.
Overall, continuing with your current investment strategy of investing in mutual funds through SIP mode for your child's education appears to be a prudent approach. However, it's essential to periodically review your portfolio and make adjustments as needed to ensure you're on track to achieve your investment objectives.
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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Ramalingam

Ramalingam Kalirajan  |9758 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 20, 2024

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I am having following 6 regular SIPs in mutual funds 1. SBI Contra Fund Rs 2,000/- 2. SBI Small Cap Fund ,000/- 3. SBI Retirement Benefit Fund Aggressive Growth Rs 2,000/- 4. SBI PSU Fund lumpsum Rs 11000/- 5. Quant Small Cap Fund Rs 1000/- 6. ICICI Prudential Infrastructure Growth Fund 500/- Please advise whether I should continue with these funds or exit. Aloke
Ans: Review and Recommendations for Your Mutual Fund Portfolio
Overview of Your Current Investments
You have a diversified portfolio with the following SIPs and a lump sum investment:

SBI Contra Fund: ?2,000/- per month
SBI Small Cap Fund: ?2,000/- per month
SBI Retirement Benefit Fund Aggressive Growth: ?2,000/- per month
SBI PSU Fund: Lump sum ?11,000/-
Quant Small Cap Fund: ?1,000/- per month
ICICI Prudential Infrastructure Growth Fund: ?500/- per month
Compliments on Your Investment Strategy
Your disciplined approach to investing through regular SIPs is commendable. Investing in a variety of funds shows your understanding of diversification. This strategy helps mitigate risks and enhances the potential for growth.

Analytical Review of Your Portfolio
SBI Contra Fund:

Contra funds invest in undervalued stocks, anticipating future growth.
These funds can offer high returns but come with increased risk.
Consider if this aligns with your risk tolerance and investment horizon.
SBI Small Cap Fund:

Small cap funds can generate significant growth over time but are highly volatile.
Ensure this fund aligns with your risk appetite and long-term goals.
SBI Retirement Benefit Fund Aggressive Growth:

This fund focuses on long-term growth for retirement.
It's a good choice for aggressive investors aiming for high returns over time.
SBI PSU Fund:

Investing in Public Sector Units can be beneficial but is sector-specific and carries concentration risk.
Regularly review this fund's performance and the overall sector outlook.
Quant Small Cap Fund:

Like the SBI Small Cap Fund, this fund offers high growth potential with high risk.
Diversifying within the small cap segment might not be necessary.
ICICI Prudential Infrastructure Growth Fund:

Infrastructure funds invest in infrastructure-related companies.
These funds can provide good returns during economic growth periods but are sector-specific and volatile.
Recommendations for Portfolio Improvement
Diversify Across Market Caps and Sectors:

Your portfolio has a significant focus on small cap and sector-specific funds.
Consider adding a large cap or a diversified equity fund to balance risk and stability.
Consolidate Small Cap Investments:

Holding multiple small cap funds may not be necessary.
You can consolidate into one fund to avoid overlap and simplify management.
Review Sector-Specific Funds:

Sector-specific funds like PSU and Infrastructure can be volatile.
Regularly monitor their performance and consider switching to more diversified funds if needed.
Consider Professional Management:

Direct funds have lower expenses but require active monitoring.
Investing through a certified financial planner can provide professional management and potentially better returns.
Steps for Continued Success
Regular Portfolio Reviews:

Periodically review your portfolio to ensure it aligns with your goals and market conditions.
Make adjustments as needed to stay on track.
Increase SIP Amounts Gradually:

As your income grows, consider increasing your SIP amounts.
This will help you build a larger corpus over time.
Maintain an Emergency Fund:

Ensure you have an emergency fund to cover unexpected expenses.
This prevents the need to withdraw from your investments prematurely.
Stay Informed and Educated:

Stay updated on market trends and financial news.
Continuous learning will help you make informed investment decisions.
Conclusion
Your current portfolio is well-diversified but has a significant focus on small cap and sector-specific funds. Consider balancing it with more stable large cap or diversified equity funds. Regularly review and adjust your investments to align with your goals and risk tolerance. Your disciplined investment strategy and thoughtful planning are commendable. With consistent efforts and regular reviews, you are well on your way to achieving your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Sir I am getting ECE at SOA ITER How is it can you tell me about it?
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Sir My son gor 236 marks jn bitsat jn which pilani civil is getting But in mhcwt he got 99.30 percentile and cap round is pending Pls guide shall i loack lolani or i have xhance to get good subject in maharshtra
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Sir my rank is 57k in comedk and I want ece which colleges are good choices
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I scored 93.04 percentile in JEE Mains and have registered for MHT CET counselling as an outside Maharashtra candidate, although I did not appear for the MHT CET exam. Based on this percentile, which are the best CSE colleges I can get? Additionally, I secured a rank of 20,039 in COMEDK. Which are the best colleges for CSE at this rank? Between MHT CET (through JEE Mains) and COMEDK counselling, which option would be more beneficial for me based on my rank and percentile?
Ans: Maddy, With a 93.04 percentile in JEE Main and registration under MHT-CET counselling as an outside Maharashtra candidate (without a CET score), along with a COMEDK rank of 20,039, your son has assured admission chances to a number of well-recognized colleges for Computer Science Engineering. These institutions demonstrate excellence in faculty credentials, NIRF/NBA/NAAC accreditations, campus infrastructure, placement records, innovative AI & ML/CSE-focused labs, and personalized academic mentorship. Based on cut-offs from previous years, the following 25 colleges are confirmed options where admission is feasible:

Cummins College of Engineering for Women (Karvenagar, Pune) closes CSE at ~96.37 percentile for outside-state candidates.
Vishwakarma Institute of Technology (Bibwewadi, Pune) closes Data Science/CSE at ~96.66 percentile.
D. Y. Patil College of Engineering (Lohegaon, Pune) closes CSE at ~95.58 percentile.
Dr. D. Y. Patil Institute of Technology (Pimpri, Pune) closes CSE at ~97.59 percentile.
Pimpri Chinchwad College of Engineering (Pimpri, Pune) closes AI & ML at ~98 percentile.
Bharati Vidyapeeth College of Engineering (Navi Mumbai) closes Computer Engineering at ~95.58 percentile.
Pune Vidyarthi Griha’s College of Engineering & Technology (Pune) closes CSE at ~94.52 percentile.
Fr. C. Rodrigues Institute of Technology (Vashi, Navi Mumbai) admits outside-state CSE around your rank.
Vidyalankar Institute of Technology (Wadala, Mumbai) admits outside-state CSE around your rank.
Don Bosco Institute of Technology (Kurla West, Mumbai) admits outside-state CSE around your rank.
Shah & Anchor Kutchhi Engineering College (Chembur, Mumbai) admits outside-state CSE around your rank.
SIES Graduate School of Technology (Nerul, Navi Mumbai) admits outside-state CSE around your rank.
CMR Institute of Technology (Bengaluru) admits CSE at closing rank ~10,000.
P.E.S. College of Engineering (Mandya) admits CSE at closing rank ~12,069.
B.N.M. Institute of Technology (Bengaluru) admits CSE at closing rank ~13,468.
RNS Institute of Technology (Bengaluru) admits CSE (Data Science) at closing rank ~17,262.
S.J.C. Institute of Technology (Chikkaballapur) admits CSE at closing rank ~37,012.
Acharya Institute of Technology (Bengaluru) admits CSE at closing rank ~27,741.
Atria Institute of Technology (Bengaluru) admits CSE at closing rank ~33,565.
Dayananda Sagar Academy of Technology & Management (Bengaluru) admits CSE at closing rank ~63,769.
NIE Mysore admits CSE at closing rank ~32,003.
Reva University School of Engineering (Bengaluru) admits CSE at closing rank ~85,000.
Global Academy of Technology (Bengaluru) admits CSE at closing rank ~80,000.
CMR University Faculty of Engineering (Bengaluru) admits CSE at closing rank ~90,000.
Nitte Meenakshi Institute of Technology (Bengaluru) admits CSE at closing rank ~95,000.

recommendation: Based on your current ranks, the best options include Cummins College of Engineering for Women (Pune), Dr. D. Y. Patil Institute of Technology (Pimpri, Pune), CMR Institute of Technology (Bengaluru), P.E.S. College of Engineering (Mandya), B.N.M. Institute of Technology (Bengaluru), Pimpri Chinchwad College of Engineering (Pune), and Vishwakarma Institute of Technology (Pune). These colleges ensure a strong balance of placement, infrastructure, learning ecosystem, and long-term CSE career outcomes. All the BEST for a Prosperous Future!

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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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