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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jul 07, 2022

Mutual Fund Expert... more

Question by Siddhartha on Jul 07, 2022Hindi

Money

Please advise if,
1. I want to invest total 3 lacs at a time in 3 Mutual Funds for 8-10 years
2. What would be the best options if I want to invest in SIP/MF for 25K monthly for 8 years

Ans: The funds that you may consider are:

- Samco Flexi Cap Fund -- Growth

- Axis Esg Equity Fund Regular Growth

- Uti Flexi Cap Fund – growth

- Hdfc Index Fund -- Sensex Plan -- 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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Asked by Anonymous - Jun 19, 2023Hindi

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I want to invest 10,000 per month SIP in mutual Fund for 10 years for growth. Please suggest. Want to invest lumsum 5 lacs in mutual fund for 8/10 years.

Ans: we cannot suggest any mutual funds on this platform, if your target is for 10yrs then would suggest to pick a good combination of mid and small cap fund.

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Question by Sumit - Jan 17, 2024Hindi

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What are the best 2-3 mutual funds for SIP investment (total 20k pm) pm each for next 10 yrs as I want to make corpus of approx. Rs. 1 cr. Please guide me How much should be my share of investment among the following MFs- Large cap, Mid cap, small cap, flexi/multi cap, sectoral fund & L&M cap or any other good MFs for long term with good returns.

Ans: Hello,
Assuming you are 35yrs old you can choose the following allocation strategy for a 10yr investment horizon :
30% mid cap
30% small cap
20% multicap
20% consumption theme / or Large and mid cap fund
For you to get to 1cr at a CAGR of 14% at best, you will need an sip of 38K. With an sip of 20K you can reach close to 50L

Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.

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Asked by Anonymous - Oct 09, 2024Hindi

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Hello Sir, I am a 41 year old and I have been investing in MF through SIPs for the last 4 years. My current Portfolio valuation is around 18 lacs with a monthly SIPs of Rs 20,000. My goal is to continue investing for another 5 -7 years and accumulate Rs 60 lac plus for my retirement. I have a surplus cash of 6 lacs which I plan to invest Lump sum in MF. Please would you suggest 4 funds with horizon of 5-7 years with moderate risk and which will help to achieve my goals.

Ans: Hello,
As you're planning for your retirement goal and desire moderate risk, we suggest investing in hybrid funds and considering the longer time frame you may include equity funds also for part your portfolio. Equity funds can be invested through Systematic Transfer Mode. Here are the recommendations:
HDFC Balanced Advantage Fund - Rs.2,00,000
ICICI Prudential Equity & Debt Fund - Rs.2,00,000
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My question is regarding purchasing 1 bhk flat as investment. I am living in good society in Wagholi in terms of amenities and basic facilities. I am planning to buy 1 bhk flat for 34 lacs. Which bit lesser than what actual price in our society. I am thinking of paying emi through the rent which I am going to receive. Please advise

Ans: Hello;

Think about the following points before making the investment:

1. If the flat remains unlet for 6 months or more, worst case scenario, will you be able to service the loan through your own income during that phase.

2. Why is the flat available at a price lesser than its fair market value? Is their any flipside?

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Question by Vishal - Feb 15, 2025Hindi

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I have debt of 80k and i dont have any source of Income as because my just a student.Also my parents are not capable to pay that much amount.How can i fundraise?

Ans: Hello;

You may take-up part time job somewhere so as to atleast pay the loan EMIs.

You may let the loan company impound asset acquired under the loan(bike, cell phone) and close the loan sighting inability to repay. This will impact your cibil score but it can be improved later on.

Seek help from a friend or relative to close the loan. You may repay them later when you get employed.

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Please discuss your revised terms of employment, after retirement, with the administration of your organization.

If there is any error then may be you both can find an amicable solution.

Escalation at this stage may harm your employment hence is neither advisable nor warranted.

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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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