Home > Money > Question
Need Expert Advice?Our Gurus Can Help
Sunil

Sunil Lala  |193 Answers  |Ask -

Financial Planner - Answered on Apr 18, 2024

Sunil Lala founded SL Wealth, a company that offers life and non-life insurance, mutual fund and asset allocation advice, in 2005. A certified financial planner, he has three decades of domain experience. His expertise includes designing goal-specific financial plans and creating investment awareness. He has been a registered member of the Financial Planning Standards Board since 2009.... more
Vinay Question by Vinay on Apr 17, 2024Hindi
Listen
Money

Hi Sir, i am 50 years investing in HDFC top 100 regular - 2k, ICICI prudential blue chip fund regular-3k, ICICI P.H.D. fund direct - 1k, Kotak flexi cap direct - 1k, PPFAS flexi cap direct - 5k, DSP midcap direct - 3k, ABSL frontline equity fund regular - 3k, Axis blue chip regular - 3k, PGIM midcap - 3k, Motilal oswal 500 index fund direct - 1k, Nippon India Multicap fund direct - 3k from last 5 years and want to invest for another 5 years. Any suggestions for change.

Ans: All the funds are good but you have too many fund, if you can manage it than its good. You can put 5k SIP in a good Multicap fund
Asked on - Apr 20, 2024 | Not Answered yet
Already I am investing in Nippon india multicap fund direct growth - 3k, I have to increase another 2k or I have to start the new one with 5k. Please suggest.
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.

You may like to see similar questions and answers below

Ramalingam

Ramalingam Kalirajan  |4625 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2024

Asked by Anonymous - Apr 12, 2024Hindi
Listen
Money
Sir, i am 34 Years investing around 10k in SBI small cap fund, 10k in HSBC midcap, 10k in Kotak flexicap, 10k in Aditya large cap, 10k in ICICI All season bond fund for next 10 years, any suggestions for change ?
Ans: Your investment strategy appears well-diversified across different market caps and fund categories, which is a good approach. However, here are a few suggestions for potential improvements:

Review Small Cap Fund: While SBI Small Cap Fund has performed well historically, small-cap funds can be more volatile. Consider reviewing its performance and risk profile periodically to ensure it aligns with your investment goals and risk tolerance.

Evaluate Midcap and Flexicap Funds: HSBC Midcap and Kotak Flexicap Funds are good choices, but periodically review their performance compared to peers and benchmark indices. Ensure they continue to meet your expectations in terms of returns and risk.

Assess Large Cap Fund: Aditya Birla Sun Life Large Cap Fund is a reputable fund, but consider reviewing its performance relative to other large-cap funds in the market. Ensure it remains competitive in terms of returns and consistency.

Monitor Bond Fund: ICICI All Season Bond Fund is suitable for providing stability to your portfolio, especially during market downturns. However, periodically review its performance and the prevailing interest rate environment to ensure it continues to meet your expectations.

Regular Review: Periodically review your portfolio's performance, asset allocation, and your financial goals. Consider rebalancing your portfolio if necessary to maintain your desired asset allocation.

Consider Professional Advice: If you're unsure about managing your investments or need personalized advice, consider consulting with a financial advisor. They can provide tailored recommendations based on your financial situation, goals, and risk tolerance.

Overall, continue to monitor your portfolio's performance and make adjustments as needed to stay on track towards achieving your financial objectives.

..Read more

Ramalingam

Ramalingam Kalirajan  |4625 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 01, 2024

Listen
Money
Hi Sir, i am 50 years old investing in HDFC Top 100 regular growth - 2k, ICICI prudential blue chip fund direct growth -3k, ICICI (P.H.D) fund direct growth - 1k, Kotak flexi cap fund direct growth - 1k, PPFAS flexi cap direct growth - 3k, DSP midcap direct plan growth - 3k, ABSL frontline equity fund regular growth - 3k, Axis blue chip fund regular growth - 3k, PGIM midcap Opportunities fund direct growth- 3k, Motilal oswal S&P 500 index fund direct growth - 1k, Nippon India Multicap fund direct growth - 3k from last 5 years and want to invest for another 5 years. Any suggestions for change
Ans: You've demonstrated a commendable commitment to your financial well-being through your diversified investment portfolio. As you look ahead to the next five years, it's wise to periodically review and reassess your investment strategy.

Consider reflecting on your financial goals, risk tolerance, and the performance of your current holdings. Are there any funds that have consistently underperformed or no longer align with your investment objectives? Are there emerging opportunities or sectors you wish to explore?

Engaging with a Certified Financial Planner can provide invaluable insights and personalized recommendations tailored to your unique circumstances. They can help fine-tune your portfolio, optimize asset allocation, and navigate market dynamics effectively.

Remember, investing is a journey, not a destination. Stay adaptable, stay informed, and continue striving towards your long-term financial goals with confidence and clarity. Your proactive approach to financial planning is a testament to your commitment to securing a brighter future.

..Read more

Ramalingam

Ramalingam Kalirajan  |4625 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 25, 2024

Listen
Money
Hi Sir, i am 50 years old investing in HDFC Top 100 regular growth - 2k, ICICI prudential blue chip fund direct growth -3k, ICICI (P.H.D) fund direct growth - 1k, Kotak flexi cap fund direct growth - 1k, PPFAS flexi cap direct growth - 3k, DSP midcap direct plan growth - 3k, ABSL frontline equity fund regular growth - 3k, Axis blue chip fund regular growth - 3k, PGIM midcap Opportunities fund direct growth- 3k, Motilal oswal S&P 500 index fund direct growth - 1k, Nippon India Multicap fund direct growth - 3k from last 4 years and want to invest for another 5 years. Any suggestions for change
Ans: It's commendable to see your disciplined approach towards investing at 50. Your current portfolio is well-diversified across large-cap, flexi-cap, mid-cap, and index funds. Let's review your portfolio and suggest some potential changes or adjustments considering your age and investment horizon.

Portfolio Review:

Diversification: Your portfolio is diversified across different mutual fund categories, which is good for risk management.
Expense Ratio: As you're investing in regular plans, consider shifting to direct plans of the same funds to save on expense ratio and increase returns over the long term.
Mid-cap Exposure: Given your age and proximity to retirement, you might consider reducing exposure to mid-cap funds as they are generally more volatile compared to large-cap funds.
Suggestions:

Consolidation: Consider consolidating similar categories of funds to streamline your portfolio and reduce overlap. For example, you have exposure to multiple large-cap and flexi-cap funds; you can consider retaining 2-3 funds from each category based on performance and consistency.
Shift to Direct Plans:
While shifting to direct plans can help in reducing the expense ratio, staying with regular plans has its benefits. Regular plans offer the advantage of having the support and guidance from a Mutual Fund Distributor (MFD). An MFD can provide valuable insights, updates on market trends, and personalized advice tailored to your investment needs. They can assist in navigating the complexities of mutual fund investments and ensure your portfolio remains aligned with your financial goals and risk tolerance. Additionally, the expertise and ongoing support from an MFD can be particularly beneficial, especially for investors who prefer professional guidance and assistance in managing their investments effectively.
Reduce Mid-cap Exposure: Given your age and risk profile, consider reducing exposure to mid-cap funds. You can shift a portion of your mid-cap investments to large-cap or flexi-cap funds to maintain a balanced portfolio.
Review Performance: Periodically review the performance of your funds compared to their benchmarks and peers. Consider replacing underperforming funds with better-performing ones.
Consult a Certified Financial Planner: Given the complexities of mutual fund selection and individual financial situations, it's beneficial to consult a Certified Financial Planner. They can provide personalized advice tailored to your financial goals, risk tolerance, and investment horizon. They can help you optimize your portfolio, suggest suitable changes, and guide you on achieving your financial goals.
Remember, regular review and adjustments are essential to ensure your portfolio remains aligned with your financial goals and risk tolerance. Best wishes on your investment journey!

..Read more

Latest Questions
Mayank

Mayank Chandel  |1474 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Jul 13, 2024

Aasif Ahmed Khan

Aasif Ahmed Khan   |61 Answers  |Ask -

Tech Career Expert - Answered on Jul 13, 2024

Listen
Career
Hello I completed btech in mechanical engineering from iiT kanpur but I have not placed by recruiter and didn't get any job then what is I do
Ans: Remember that job searching takes time, and rejection is part of the process. Stay motivated, keep learning, and believe in your abilities. You’ll find the right opportunity eventually!
Job hunting can be challenging, but persistence pays off. Keep applying and stay positive.
Reflect on your skills, interests, and strengths. Identify areas where you excel and areas where you need improvement. Consider taking online courses or certifications to enhance your skills in specific domains.

Use job portals, company websites, and social media platforms to search for job openings. Apply to positions that align with your background and interests.
Connect with professionals in your field through LinkedIn, industry events, and workshops. Attend job fairs, conferences, and meetups to expand your network.
Update your resume and tailor it to highlight relevant experiences and skills. Write a compelling cover letter that showcases your passion and suitability for the roles you’re applying for.

Consider learning programming languages (Python, MATLAB, etc.) or software commonly used in mechanical engineering.
Explore areas like data analysis, simulation, or CAD design. Apply for internships or short-term projects to gain practical experience. Showcase any personal projects related to mechanical engineering on your portfolio. Obtain relevant certifications (e.g., Six Sigma, AutoCAD, SolidWorks) to enhance your profile.

In other hand, If you’re open to it, explore master’s programs or specialized courses that align with your interests.

...Read more

Mayank

Mayank Chandel  |1474 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Jul 13, 2024

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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x