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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on May 26, 2021

Mutual Fund Expert... more

Question by Santanu on May 26, 2021Hindi

Money

I am 45 years old. I invested in MF as SIP of Rs2500/- per month in:

1. ICICI Blue chip Fund- G 2500/ Month
2. ICICI Midcap Fund- G 2500/ Month
and LS Rs.22000/- in L&T Money Market Fund Direct Plan-G. What should my next step? will I continue or shift to new MF?

Ans: Shift 2 to DSP Mid cap fund – Growth; rest are fine and can be continued.

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 Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Aug 03, 2022

Question by Thippeswamy - Aug 03, 2022Hindi

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My age is 51 years. I have the following investments in MF through SIPs. Kindly advise me, details below: Mutual Fund Start SIP Amount ABSL Equity Advantage Fund-Growth Oct-14 2000 ABSL Frontline Equity Fund-Growth Sep-18 2000 Canara Robeco Emerging Equities- Sep-18 3000 Stopped Canara Robeco Emerging Equities- Jan-22 3000 ICICI-Prudential Long Term Plan ELSS Jan-11 2000 Nippon India Multi cap Value Fund Nov-13 2000 Sundaram Mid Cap fund Regular Oct-13 2000 SAMCO Flexi fund Feb-22 10000 One time

Ans: Except the first one, you can continue the rest!

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Aug 03, 2022

Question by Thippeswamy - Aug 03, 2022Hindi

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My age is 51 years. I have the following investments in MF through SIPs. Kindly advise me, details below: Mutual Fund Start SIP Amount ABSL Equity Advantage Fund-Growth Oct-14 2000 ABSL Frontline Equity Fund-Growth Sep-18 2000 Canara Robeco Emerging Equities- Sep-18 3000 Stopped Canara Robeco Emerging Equities- Jan-22 3000 ICICI-Prudential Long Term Plan ELSS Jan-11 2000 Nippon India Multi cap Value Fund Nov-13 2000 Sundaram Mid Cap fund Regular Oct-13 2000 SAMCO Flexi fund Feb-22 10000 One time

Ans: Except the first one, you can continue the rest!

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jan 17, 2020

Question by Rahul - Jan 17, 2020Hindi

Money

I am 40 years and investing Rs 10K each monthly MF SIPs in following 2 funds since last 3 years. Need your advice, shall I continue the same or redeem/switch? Name of the Fund Category RankMF Star Rating 1. ICICI Pru Focus Bluechip Equity - Large Cap Fund 3 2. Franklin India Equity Fund - Growth Equity - Multi Cap Fund 3 1. SBI Focused Equity Fund Equity - Focused Fund 5 2. Axis Focused 25 Fund Equity - Focused Fund 5 3. Canara Robeco Emerging Equities Fund Equity - Large & Mid Cap Fund 4 4. Sundaram Select Focus Fund Equity - Focused Fund 4 5. Mirae Asset Emerging Bluechip Fund Equity - Large & Mid Cap Fund 4 6. Axis Midcap Fund Equity - Mid Cap Fund 4 7. Sundaram Services Fund Equity - Sectoral Fund - Service Industry 4

Ans: 3 rated schemes need to be reconsidered from the ones below.

Equity - Large Cap Fund:

Mirae Asset Large Cap Fund – Growth
Axis Bluechip Fund – Growth
LIC Largecap Fund – Growth

Multicap: Suitable options considering quality and value for money at present levels are:

UTI Equity Fund – Growth
Motilal Oswal Multicap 35 – Growth
Parag Parikh Long Term Equity Fund - Growth

Nikunj Saraf | Answer |Ask -Follow

Mutual Funds Expert - Answered on Dec 19, 2022

Question by Joseph - Dec 19, 2022Hindi

Money

I am 52 years old and currently investing in these below MF funds monthly SIPs. Aditya Birla Sun Life Small Cap Fund Growth-Regular Plan – 3,000 AFGP - Axis Focused 25 Fund - REGULAR GROWTH- 20,000 EFGP - Axis Bluechip Fund - Regular Growth – 15,000 PREG - HDFC Hybrid Equity Fund - Regular Plan – Growth – 3,000 ICICI Prudential Technology Fund – Growth – 5,000 Mirae Asset Large Cap Fund - Regular Growth Plan – 6,000 NIPPON INDIA SMALL CAP FUND - GROWTH PLAN GROWTH OPTION – 3,000 NIPPON INDIA SMALL CAP FUND - GROWTH PLAN GROWTH OPTION – 25,000 SBI Flexicap Fund - Regular Plan – Growth – 3,000 My Question is whether to continue these MF funds or any changes required? If changes required which one to go for?

Ans: Hi Joseph. Following an extensive analysis of your portfolio, I recommend reconsidering the schemes such as the Axis Bluechip Fund, Aditya Birla Sun Life Small Cap Fund and SBI Flexi cap fund along with a portfolio reshuffle. Also you may introduce large and midcap category in your portfolio. Some Suggested funds are:

Kotak Equity Opportunities Fund
Quant Active Fund

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Question by Prahlad - Jan 22, 2025Hindi

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Hi Sir, I am retired and 63 years old. Having 50 lacs in equity.1.5 cr MF, 25 lacs in SCSS.expected landproperty sale of 4.5 cr also having own house and no education or marriage expenses of children. Medical insurance of 10 lack for me and wife. However intended to buy a residential property of 3 cr to get relax from capital gain post selling the land. And same will be given to daughter later. Need monthly expenses of 1.25 lack. Since market is too volatile. Kindly suggest way forward.

Ans: Dear Pralhad,
To manage your finances post-retirement and handle market volatility, allocate the ?4.5 crore from your land sale strategically. Use ?3 crore to purchase a residential property to save on capital gains tax and gift it to your daughter later. Allocate the remaining ?1.5 crore into ?50 lakh in SCSS for secure returns (~?16,000/month), ?50 lakh in RBI Floating Rate Bonds or POMIS (~?30,000/month), and ?50 lakh in balanced mutual funds for moderate growth. For your existing assets, keep ?25 lakh in SCSS and divide the ?1.5 crore mutual funds portfolio into 60% balanced advantage or hybrid funds for stability and 40% debt funds for steady income. Maintain 20-25% equity exposure (?50 lakh) in large-cap or dividend-yield funds for growth. Combined with a ?20-30 lakh emergency fund, this ensures a stable monthly income of ?1.25 lakh while safeguarding against market risks and providing for your family's future. Consult a certified financial advisor for personalized tax-efficient strategy
Regards, Nitin Narkhede -Founder Prosperity Lifestyle Hub,
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Asked by Anonymous - Jan 22, 2025Hindi

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I am 40 year old have 1 daughter aged 8 years current monthly expenses 60 thousand. I have 30 lakh in PF, 25 lakh in stocks, 40 lakh in fd,50 lakh cash, 35 lakh gold, own apartment no loan, 4 crore in real-estate. Please suggest what should I do if I want to retire in the next 2 years.

Ans: Dear Friend,
To retire in 2 years, you’ll need a corpus of approximately ?2 crore to sustain your current monthly expenses of ?60,000, adjusted for inflation and assuming 30 years of retirement. Allocate ?2.5 crore to fixed-income instruments like SCSS, RBI Bonds, or debt mutual funds to generate a stable annual income (~?10 lakh). Retain ?50 lakh in stocks and equity mutual funds for growth and ?30 lakh in balanced mutual funds for stability. Keep ?20-30 lakh in liquid funds or FDs for emergencies.

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Sir iam rayulu 47 years old. Iam invest in mutual fund s axis small cap 5000 ,quant small cap 5000, motilal oswal midcap 5000, nippond india growth fund 5000 and my wife account Nippon small cap 5000 and sbi contra 5000 paragpark flex cap 5000,HDFC flex cap 5000 how to create 1 crore in tem years pls suggest

Ans: Dear Rayulu,
To create ?1 crore in 10 years with your current mutual fund SIPs of ?40,000/month, you need a consistent 12% CAGR. At this rate, your corpus will grow to approximately ?92.7 lakhs. To bridge the gap, consider increasing your SIPs by ?2,000-?3,000/month or adding a 10% annual top-up.

Your portfolio is well-diversified but leans heavily on small-cap funds (Axis, Quant, Nippon). Balance it by adding large-cap or index funds like **UTI Nifty Index** or **Mirae Asset Large Cap** for stability. Monitor your portfolio annually and reallocate if funds underperform consistently for 2-3 years. Staying disciplined, increasing SIPs periodically, and maintaining a balanced portfolio will ensure you comfortably achieve your ?1 crore goal in 10 years.
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Asked by Anonymous - Jan 23, 2025Hindi

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I am male,29, not yet married. Earn 80k, invest 28k in mf sip, 8k in emergency fund. Family pension 40k. My personal medical cover 3 lac and same amount cover from office. Term plan 50lac. In unforseen circumstances withdraw money from pension. We had medical benefit of cashless hospital treatment, but the same got withdrawn from long time now. Now we need to pay and claim reimbursement as per CGHS rate. My mother is 65. We don't have her medical cover as she has panel benefit but now it is not cashless. I want to cover for her hospitalisation. If I start medical cover now it is costing 1.5 lac to 1.8 lac for 50 lac cover. What should I do ?

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Then you may buy a super top up health cover for your Mom(~25 L).
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These are indicative costs for a person of 65 years of age with no disease, without GST. Actual costs may vary from company to company.

Do a thorough study of exclusions, room rent limit, other terms and conditions or consult an insurance advisor.

Also your term insurance is quite low(50 L) you should enhance it to 1 Cr now with the option to extend it to 2 Cr later when your responsibilities increase.

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Should i take admission in nit delhi civil engineering or not? DOES it have a good placement in civil?

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Dear Sir My son is currently in 9th - CBSE board. His ultimate aim is getting into IIT. He wants to focus exclusively in national Olympiads Maths and science in Class 10th . He wants to know if there are some good dummy school for Class X - CBSE , which will enable his objective. If yes, will there be any eligibility issue for the same once he appears for JEE Mains after clearing 12th. I support his decision that in scenario if he doesn't clears JEE in 1st attempt, instead of then wasting 1 year at home, and again preparing for JEE, why don't he get the preparations underway from Class 10th onwards, sincerely prepare for olympiads thereby getting an edge in JEE preparation once he enters class 11th. Request your advise regarding availibility of 10th Dummy school and whether there will be some eligibility issue afterwards. Thanks and Regards Ashish

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Sir mene 11th dubara Kari hai matalab 10th ke baad 1 year gap hai to ise mujhe jee mains aur advanced ya kisi aur job me problem to nahi aayegi

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Asked by Anonymous - Jan 14, 2025Hindi

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My son is working in an multinational energy company. Work culture is very good, salary also good. He did his B.Tech in CSE in the year 2023. He is working as a Software Eng. in the ERP section. My son is interested more coding related job. He has a GATE (2023) score of 581 (Gen cat). My questions are 1) Is it advisable to do M.Tech in CSE using his GATE score? If yes, then which top Colleges can be preferred? 2) Or, will he continue his present job for few more years to gain experience ++ 3) Or, to switch to a new company? Thanks in advance.

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In my view, M.S. is more beneficial & rewarding than doing M.Tech. If Pursuing M.Tech then top colleges are IITs & NITs. If he is happy with the work culture & perks he is receiving then I would suggest continue for 2-3 years to gain a good experience and then decide M.S/M. Tech or MBA.

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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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