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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Sep 21, 2022

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MADHUKAR Question by MADHUKAR on Sep 21, 2022Hindi
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I am 42. I started investing in the following funds in SIP for the last 3 years. Presently, i am investing 50,000 per month.

1. Axis small Cap Fund-10000

2. Navi Nifty 50 index Fund-5000

3. Navi NASDAQ 100 Fund of Fund-1000

4. Mirae Asset Large Cap Fund-3000

5. Kotak Flexicap Fund-10000

6. Kotak Emerging equity Fund-5500

7. ICICI Prodential asset allocation fund-2500

8. Navi Nifty Next 50 Index fund-8000

9. SBI Large & Midcap Fund- 5000

My goal for the next 15 years is 5 crores (retirement). Please may give your suggestions whether any changes are required in funds and amount to be invested.

Ans: These are sufficient funds, don’t add any further. In 18 years (3 previous and next 15 years) it is possible to achieve the target!

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 Sep 09, 2021

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I am 41 years old and work in a private sector company. I will retire at the age of 58 years. I have been making SIP investments as listed below. My object is long term fund accumulation. In my family I have parents, my wife and two kids (12 and 6 years). Please guide for any further addition in SIPs upto Rs 8K to Rs 10K. Also advise if I should stop any of the SIPs. Mutual Fund - Through monthly SIP SIP Per Month Number of yeas invested 1. SBI Small Cap Fund Regular Growth Rs 2,500 2 2. SBI Focused Equity Fund Direct Growth Rs 1,500 2 3. NIPPON INDIA VALUE FUND -- GROWTH PLAN  Rs 2,000 7 4. NIPPON INDIA LARGE CAP FUND -- GROWTH PLAN  Rs 2,250 4 5. ICICI Prudential Value Discovery Fund -- Growth Rs 2,000 2 6. HDFC Top 100 Fund -- Growth Rs 2,500 9 7. HDFC TaxSaver -- Growth Rs 2,000 9 8. HDFC Mid-Cap Opportunities Fund -- Growth Rs 1,500 5 9. HDFC Flexi Cap Fund Growth (Erstwhile HDFC Equity Fund) Rs 2,000 6 10. Franklin India Smaller Companies Fund -- Growth Rs 2,000 4 11. DSP Mid Cap Fund, Reg -- G Rs 2,000 5 12. DSP Focus Fund, Reg -- G Rs 2,000 2 13. DSP Equity Opportunities, Reg -- G Rs 2,000 2 14. Aditya Birla Sun Life Tax Relief '96 Fund (ELSS U/S 80C of IT ACT) -- Growth, Regular Plan Rs 2,000 4 15. Aditya Birla Sun Life Frontline Equity Fund -- Growth, Regular Plan Rs 2,000 1 16. Aditya Birla Sun Life Equity Advantage Fund - Growth, Regular Plan Rs 2,000 4 I have also made one time investment in the funds listed below. Please guide for any switching. I also want to invest an additional Rs 80K to Rs 1 lakh. Please guide. Mutual Fund One Time investment Investment HDFC Low Duration Fund -- Growth Rs 50,245 HDFC Mid-Cap Opportunities Fund - Direct Plan -- Growth Option Rs 22,500 HDFC Small Cap Fund -- Regular Plan, Growth Rs 25,000 HDFC Housing Opportunities Fund -- Direct Plan, Growth Option Rs 20,000 Aditya Birla Sun Life Resurgent India Fund Series 6 -- Direct, Growth Rs 20,000 Aditya Birla Sun Life Low Duration Fund -- Regular Plan, Growth (formerly known as Aditya Birla Sun Life Cash Manager) Rs 79,578 Aditya Birla Sun Life Frontline Equity Fund -- Direct Plan, Growth Rs 44,000 ICICI Prudential Bluechip Fund -- Growth Rs 25,000 ICICI Prudential Value Fund Series 19 -- Direct Plan, Cumulative Rs 20,000 L&T Midcap Fund -- Growth Rs 25,000 SBI Focused Equity Fund Regular -- Growth Rs 25,000
Ans: Your portfolio has too many funds, it's over-diversified.

Lumpsums can be continued.

In SIPs, you may continue with 1, 2, 5, 8 and 11.

 

..Read more

Ramalingam

Ramalingam Kalirajan  |8027 Answers  |Ask -

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

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Hello Sir, Hope you are doing good. My current age 35, I am planning to invest as SIP 60K monthly for 15 years. My goal is 2 crore after 15 years. Below are the schemes I choose. Kindly review and suggest changes if any Midcap Fund Motilal Oswal Midcap Fund Direct-Growth 4K, Mahindra Manulife Mid Cap Fund Direct - Growth 4K, Smallcap Fund Axis small cap direct growth 4k, Canara robecco small cap 4K, quant small cap 4K, Nippon small cap 4K, Mid and Largecap Mirae Asset Emerging Bluechip fund 4K, Axis Growth Opportunities Fund Direct - Growth 4K, Multicap Mahindra Manulife Multi Cap Fund Direct - Growth 4K, HDFC Multi-Cap Fund Direct - Growth - 4K, Mirae Asset Multicap Fund Direct - Growth 4k, Canara Robeco Multi Cap Fund Direct - Growth 4K, Flexi Parag Parikh Flexi Cap Fund Direct-Growth 4K, Quant Flexi Cap Fund Direct-Growth 4K, Value Tata Equity PE Fund Direct-Growth - 4K
Ans: Reviewing and Optimizing Your Mutual Fund Portfolio
It's great to hear from you! Let's review your chosen mutual fund schemes and ensure they align with your investment goals and risk profile.

Acknowledging Your Investment Goals
Genuine Compliments: Your proactive approach towards investing for your future is truly commendable, especially at the age of 35.

Empathy and Understanding: I understand that achieving a corpus of 2 crore in 15 years is a significant financial goal, and it requires a carefully crafted investment strategy.

Evaluating Selected Schemes
Diversification: Your selection of funds across different categories reflects a desire for diversification, which is crucial for managing risk.

Disadvantages of Direct Funds: While direct funds offer lower expense ratios, managing multiple funds directly can be time-consuming and may require expertise.

Benefits of Regular Funds Investing through MFD with CFP Credential: Investing through a Certified Financial Planner (CFP) who specializes in mutual funds can provide professional guidance and simplify the investment process.

Optimizing Your Portfolio
Consolidation: Consider consolidating your portfolio to reduce overlap and streamline management. Focus on quality funds with strong track records.

Risk Management: Given the aggressive nature of mid-cap and small-cap funds, ensure they align with your risk tolerance and time horizon.

Balanced Allocation: Aim for a balanced allocation across large-cap, mid-cap, and multi-cap funds to mitigate risk and capture growth opportunities across market segments.

Conclusion
By optimizing your mutual fund portfolio with a focus on diversification, risk management, and professional guidance from a Certified Financial Planner, you can increase the likelihood of achieving your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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