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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Apr 11, 2022

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vijay Question by vijay on Apr 11, 2022Hindi
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Hi sir, I am 43 years old and i have invested lump sum in following MFs

Portfolio - 1:

1.DSP ELSS TAX SAVER 80K Now @ 1.60 lakh holding since 2017

2.SBI long term Equity Dir G 5700 Rs left in Folio

Portfolio - 2:

3.Nippon India Flexi Cap Dir-G 80K

4.Tata Business Cycle Dir-G 60K

5. Nippon India Small Cap Dir-G 70K (Shifted from NI ELSS last week)

6. MO Nasdaq 100 FoF Dir-G 33K + planned Rs.5000/month SIP also (since this August 21)

And I have FOUR Lakh (2 in Sb A/c & can withdraw TWO lakh from my PPF) for investment. I am ready to invest 25-30k/month, minimum of 15 Years, can be increased to 50K after June-2023. I will Retire @2038, thinking Corpus of 10 Crore... Please Suggest... Can I invest in this Funds (Lump sum+SIP)/SIP, or some Good funds for investing.... How to modify/Invest....

Ans: Use SIP mode; these funds may be considered:

Fund Plan
DSP Focused Fund Growth
UTI Flexi Cap Fund Growth
Samco Flexi Cap Fund Growth
Parag Parekh Flexi Cap Fund Growth
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 Apr 22, 2022

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I am 52 year professional, working in private sector. Other than my EPF & PF savings I am having following mutual fund investments (both in SIP & lump su). My goal is to have a corpus of Rs 1.5 - 2 cr in next 4-5 years. I am ready to invest Rs 40K in SIP on monthly basis and may be Rs 5-10 lump sum in another 6 months’ time. Request you to review my portfolio and advise on what SIPs I can start (also any correction required for existing funds?) as well as whether to invest in good equity stocks (I am having a demat account with few direct equities of Rs 2 L only) or in lump sum mutual fund for annual Rs 5-10 L surplus. Company No of shares Price Recommendation PORTFOLIO DETAILS A MONTHLY SIP MUTUAL FUND     Sl No Fund Details Current value in Rs L SIP AMOUNT in RS 1 HDFC Flexi Cap Fund - Regular Plan Growth 4.32 3000 2 Axis Mid cap fund 0.6 5000 3 Mirage assets large cap fund 0.58 5000 4 Axis Special situation fund - Regular Plan - Growth 0.09 2000 5 Aditya Birla Sun Life Frontline Equity Fund Growth 3.8 3000 6 Kotak Emerging Equity Fund - Regular Plan Growth 0.09 3000 7 Kotak Equity Opportunity Fund - Regular Plan Growth 0.09 3000                 B LUMP SUM MUTUAL FUND     Sl No Fund Details Current value in Rs L Initial Value in Rs L 1 Axis Retirement Savings Fund - Conservative Plan - Regular Growth 6.2 5 2 Axis ESG Equity Fund Regular Plan Growth 4.85 3 3 Axis Blue-chip Fund Growth 5.2 3 4 Tata Focused Equity Fund - Regular Plan 6.16 4 5 LIC Debt Fund - Secured NA 2 6 LIC balanced Fund NA 2
Ans: Please continue, we can review after 1 year

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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Feb 20, 2020

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I want to make an investment (SIP) for my son age 25 years in the following MFs @ Rs 1000/- pm in each fund. Request your advice 1. HDFC Top 100 fund 2. HDFC Hybrid equity fund 3. Mirae asset tax saver fund 4. Axis long term equity fund 5. Axis blue chip fund – direct 6. SBI magnum multi cap - direct growth 7. SBI equity hybrid fund -Reg plan growth Also, I am a retired person. I have invested my retirement corpus in the following funds as lump sum investments: 1. Debt MF Axis Banking and PSU debt (G) Franklin - India liquid fund super Ins (G) ICICI Pru - savings fund (G) Kotak low duration fund std (G) Mirae asset savings fund Reg (G) 2. Equity MF Axis - mid cap (G) ICICI Pru - blue chip fund Reg (G) Mirae asset emerging blue chip fund Reg (G) Please confirm whether I should continue in the above funds or switch over to some other funds. Name of the Fund Category RankMF Star Rating Birendar Yadav     1. HDFC Top 100 fund Equity - Large Cap Fund: 3 2. HDFC Hybrid equity fund Hybrid - Aggressive Hybrid Fund 5 3. Mirae asset tax saver fund Equity - ELSS 4 4. Axis long term equity fund Equity - ELSS 5 5. Axis blue chip fund – direct Equity - Large Cap Fund: 5 6. SBI magnum multi cap - direct growth Equity - Multi Cap Fund: 4 7. SBI equity hybrid fund -Reg plan growth Hybrid - Aggressive Hybrid Fund 5 1. Debt MF     Axis Banking and PSU debt (G) Debt - Banking and PSU Fund 3 Franklin - India liquid fund super Ins (G) Debt - Liquid Fund 5 ICICI Pru - savings fund (G) Debt - Low Duration Fund 4 Kotak low duration fund std (G) Debt - Low Duration Fund 5 Mirae asset savings fund Reg (G) Debt - Low Duration Fund 3 2. Equity MF     Axis - mid cap (G) Equity - Mid Cap Fund: 4 ICICI Pru - blue chip fund Reg (G) Equity - Large Cap Fund: 2 Mirae asset emerging blue chip fund Reg (G) Equity - Large & Mid Cap Fund 4
Ans: You may continue with 4 and 5 star rated funds; for remaining you may consider from below:

Equity - Multi Cap Fund:

  1. UTI Equity Fund – Growth
  2. Axis Multicap Fund – Growth

Equity - Large Cap Fund:

  1. UTI Mastershare Unit Scheme - Growth Plan
  2. LIC MF Large Cap Fund-growth

Equity - Mid Cap Fund:

  1. MOSL Midcap 30 Fund – Growth
  2. DSP midcap – growth

Equity - Small Cap Fund:

  1. Kotak Small Cap Fund – Growth
  2. Axis Small cap Fund - Growth

Debt - Banking and PSU Fund

  1. Kotak Banking And Psu Fund - Growth
  2. Hdfc Banking And Psu Debt Fund - Regular Growth 
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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on May 26, 2021

Money
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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Ramalingam

Ramalingam Kalirajan  |637 Answers  |Ask -

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

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hi sir : my son doing job since two year monthly earning is 60 K. but his saving is nil. pl. advice where to invest
Ans: It's great that your son has started earning, and it's essential to guide him on saving and investing for the future. Here's a step-by-step investment plan tailored for him:

Emergency Fund: Start by building an emergency fund equivalent to 3-6 months of expenses. This fund should be easily accessible, like a savings account or a liquid fund.
Debt Repayment: If he has any high-interest debts like credit card bills or personal loans, it's wise to clear those first to avoid paying hefty interest.
Investment Options:
Equity Mutual Funds: For long-term wealth creation, he can start SIPs in diversified equity funds. A mix of large-cap, mid-cap, and multi-cap funds can provide growth.
PPF (Public Provident Fund): A tax-efficient and safe option for long-term savings with a lock-in period of 15 years.
NPS (National Pension System): A retirement-focused investment with tax benefits, offering a mix of equity, corporate bonds, and government securities.
Term Insurance: Since he's working, consider getting a term insurance plan to ensure financial security for his dependents.
Health Insurance: A comprehensive health insurance plan to cover medical emergencies can provide financial security and tax benefits.
Budgeting and Savings: Encourage him to create a monthly budget to track expenses and identify areas to save. Automating investments through SIPs can also help in disciplined saving.
Financial Education: Educate him about the importance of financial planning, saving, and investing. Encourage him to read books or attend workshops on personal finance.
Starting early with disciplined saving and investing can help him build a substantial corpus over time. Encourage him to consult a financial advisor for personalized guidance tailored to his financial goals and risk tolerance.
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Ramalingam Kalirajan  |637 Answers  |Ask -

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

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Hi Anil, I am 43 years old. I have a monthly sip of 35k going on. I have started investing in mutual fund and sip from year 2013. Total mutual fund plus sip current market value is 1 core 9 lakhs . I plan to invest 35 k per month more for 7 to 8 years , when i want to leave job and do something else. Can you tell me what will be my corpus in 7 to 8 years down the line taking both current valution plus what i am going to continue investing?Also, i have another 1 corore total in other investment like Voluntary provident fund, Epf, ppf and esops from my company and pension fund . Here i do a monthly investment of around 80 k via mostly through company for tax savings. So what will be my total corpus after 7 to 8 yrs. Also, is it good for retirement considering my current monthly expense us 1 lakh.
Ans: To estimate your corpus after 7 to 8 years, let's assume an average annual return on your mutual fund SIPs at 10-12% and a similar return on your other investments.

For Mutual Funds:

Future Value of Current Investments: Using the future value formula, considering an average return of 10-12%, your current 1.09 crore can grow to approximately 2.2 - 2.5 crores in 7-8 years.
Future Value of Additional SIPs: Investing 35k per month for 7-8 years, at an average return of 10-12%, you could accumulate around 50 - 60 lakhs from SIPs alone.
For Other Investments:

Future Value of Current Investments: Assuming an average annual return of 10-12%, your current 1 crore can grow to approximately 2 - 2.4 crores.
Future Value of Additional Investments: With 80k monthly investments for 7-8 years, at an average return of 10-12%, you could accumulate around 1.5 - 1.8 crores.
Total Corpus After 7-8 Years: Combining both, your total corpus could range from 5.2 - 6.2 crores.

Retirement Planning:
Considering your monthly expense is 1 lakh, with a corpus of 5.2 - 6.2 crores, you can generate approximately 40-50k per month (assuming a 7-8% withdrawal rate) post-retirement. This should be sufficient considering your current expenses, but inflation and unforeseen expenses should also be considered.

It's advisable to consult a financial advisor for a detailed plan tailored to your needs, considering inflation, tax implications, and other factors.
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Ramalingam

Ramalingam Kalirajan  |637 Answers  |Ask -

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

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Hello, I want to invest 10 lac INR for a long term investment. I need suggestion on the following, i understand to invest in the form of SIP. But want to get a suggestion on where should I invest this 10-20 lac first and then invest as an SIP over 1-2 years or even 3 years as per your suggestion. As currently lying in Savings account which doesnt yield more. Secondly I would need a help on good portfolio of funds for long term (10 years or above) for my retirement/younger child's education.
Ans: For long-term investments of 10-20 lakhs, you can consider the following approach:

Initial Lump Sum Investment:

Liquid Funds: Park a portion in liquid funds to earn better returns than a savings account while maintaining liquidity.
Short-term Debt Funds: Allocate to short-term debt funds for stability and moderate returns.
Long-Term SIP Portfolio:

Diversified Equity Funds: Invest in a mix of large-cap, mid-cap, and multi-cap equity funds through SIPs for growth potential.
Balanced Funds: Opt for balanced funds or aggressive hybrid funds for a blend of equity and debt, suitable for long-term wealth creation.
Child Education: Start a separate SIP in a child education-focused fund to ensure funds are available when needed.
Sample Portfolio for Long Term:

Large Cap Equity Fund: 30%
Mid Cap Equity Fund: 20%
Multi Cap Equity Fund: 25%
Balanced/Aggressive Hybrid Fund: 15%
Child Education Fund: 10%
Adjust the allocation based on your risk tolerance and financial goals. Regularly review and rebalance the portfolio to maintain desired asset allocation. Consulting a financial advisor can help create a personalized investment plan tailored to your needs and goals.
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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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