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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Nov 03, 2022

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Avinash Question by Avinash on Nov 03, 2022Hindi
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I am 43 years old. I would like to invest Rs 16 lakh lump sum into MFs for 15-20 years. Please suggest me suitable funds (Direct Growth) or can I invest in any of the MFs in my portfolio in Direct Growth plan?

What would be the value of Rs 16 lakh rupees after 15 or 20 years?

I have the following portfolio:

EQGP - Canara Robeco Emerging Equities - Regular Growth - 5000/month
PREG - HDFC Hybrid Equity Fund - Regular Growth - 5000/month
61 - ICICI Prudential Equity & Debt Fund - Regular Growth - 5000/month
104 - Kotak Small Cap Fund - Regular Growth - 5000/month
MCRG - Mirae Asset Midcap Fund - Regular Growth - 5000/month
EQGP - UTI Flexi Cap Fund - Regular Growth - 5000/month

Thank you so much in advance! 

Ans: Invest in these schemes only, no need to add any more funds / schemes .

Rs. 16 lakh invested for 20 years in equity schemes can create a corpus of Rs. 2.2 crs

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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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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