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Nikunj Saraf |308 Answers |Ask -Follow

Mutual Funds Expert - Answered on Nov 29, 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

Question by B on Nov 29, 2022Hindi

Money

I am 44 years old and working in Private company. I have a plan to invest for 15 yrs for retirement corpus purposes. Currently, I am investing in the following funds as SIPs. Plz advise whether to continue in these or to change anything.

1. Parekh Parikh Flexicap fund Rs 3000

2. Nippon Small cap fund- Rs 1500

3. Axis small cap fund - Rs 3500

4. Quant Tax saver fund Rs 1000

5. SBI Small cap fund- Rs 1000

Ans: Hello B Saravanan. Your portfolio seems in line with the market. I would recommend you reconsider Parag Parikh AMC and switch to better alternative schemes in same category. Also, you may introduce mid cap, large & mid cap categories for your future new sips.

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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I am 46 yrs old retd defence pensioner and presently working in PSU. I have a plan to invest for 15 yrs at least. Currently, i am investing in following funds as sips. plz advice whether to continue in these or to change anything. Axis long term equity 2000 Axis blue chip 1000 Nippon in tax saver 3000 SBI small cap 3000 SBI mid nd large cap 1000 SBI focused 3000 SBI hybrid 3000

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I am looking for longer horizon of 15/20 years from now with an objective of creating a large corpus for my retirement. I am already investing Rs 10,000 in the below SIPs and request your expert guidance/views whether I should continue investing in such funds or make any change in the strategy. My age as on date is 40 years. Risk appetite is medium. Mutual Funds 1. Quantum Long Term Equity Value Fund -- Direct (G) 2. L&T Emerging Businesses Fund -- Regular Plan (G) 3. Kotak Bluechip Fund -- Direct Plan (G) 4. IDFC Tax Advantage (ELSS) Fund -- Direct Plan (G) 5. SBI Small Cap Fund (G) 6. Canara Robeco Blue Chip Equity Fund -- Regular Plan (G) 7. Kotak Standard Multicap Fund -- Regular Plan (G) 8. Mirae Asset Emerging Bluechip Fund -- Direct Plan (G) 9. DSP World Energy Fund -- Regular Plan (G) 10. DSP Equity Opportunities Fund -- Regular Plan (G) 11. Motilal Oswal Focused 25 Fund -- Regular Plan (G) 12. SBI Focused Equity Fund (G) Request you to please guide with your valuable inputs in relation to the above.

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Question by MADHUKAR - 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.

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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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