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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jun 15, 2022

Mutual Fund Expert... more

Question by Satish on Jun 15, 2022Hindi

Money

Please advise me on my following MF investments:

- Axis Nifty 50 direct-G
- Kotak Global Innovation direct- G
- Axis Multicap-G SIP 5K
- Axis LongTerm Equity- G
- Aditya Birla Flexicap direct- G
- Kotak Debt Hybrid direct- G
- Parag Parikh Flexicap direct-G SIP 10K
- Axis Global Eq SIP 5K
- Mirae Asset Emerging Bluechip direct -G SIP 2.5 K
-Mirae Asset Tax saver direct -G SIP 6K
-Mirae Asset Largecap direct- G
- Mirae Asset Healthcare direct- G
- Kotak Flexicap direct G
- HDFC Hybrid Eq - G
- Aditya Birla Eq Advantage – G

Ans: Too many funds, saving grace is most are decent funds, try to consolidate into 4-6 funds

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 Sep 08, 2021

Question by Vijay - Sep 08, 2021Hindi

Money

I am 41 and working in a private organisation. I have started investing in MFs since the last three years. Please find below my investment portfolio. Request your valuable advice. Product Name SIP/PM Purchase Value 1. Axis Flexi Cap Fund Regular Growth Rs 2,000 Rs 87,000 2. Aditya Birla Sun Life Equity Fund Regular Growth Rs 2,000 Rs 87,000 3. HDFC Mid-Cap Opportunities Fund Regular Growth Rs 2,000 Rs 87,000 4. Nippon India Small Cap Fund, Regular Growth Rs 2,000 Rs 92,000 5. ICICI Prudential Value Discovery Fund, Regular Growth Rs 2,000 Rs 87,000 6. HDFC Low Duration Fund, Growth (formerly HDFC Cash Management Fund -- Treasury Advantage Plan) Rs 5,000 Rs 20,000 7. HRERP/Retirement Savings Equity Regular GR Rs 5,000 Rs 20,000 8. Kotak Flexi Cap Fund, (G) Regular Rs 1,300 Rs 27,300 9. Aditya Birla Sun Life Pure Value Fund, Regular Growth Rs 1,200 Rs 18,000 10. L&T Midcap Fund, (G) Rs 1,200 Rs 25,200 11. Franklin India Feeder Franklin US Opportunities Fund, (G) Rs 1,300 Rs 7,200 Product Name Purchase Value 1. SBI Flexicap Fund-Dir Gr Rs 20,000 2. SBI Large & Midcap Fund Direct Gr (formerly SBI Magnum Multiplier Fund) Rs 20,000 3. SBI Magnum MidCap Dir Fund-G Rs 20,000 4. SBI Blue Chip Fund -- Direct Plan, Growth Rs 5,000 SBI Magnum Constant Maturity Fund Direct Growth Rs 5,000

Ans: Too many funds; please continue with 1, 3, 4, 5 and 11.

Keep the lumpsums invested.

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Feb 16, 2022

Question by Bijay - Feb 16, 2022Hindi

Money

I am 36 yrs working in a reputed MNC IT company having 14 yrs of IT Experience. I have invested in MF since 2016 with a long goal for capital appreciation, for buying Home, Child education and retirement plan. I can take moderate Risk. Below are my MFs, could you please suggest by looking my portfolio (55% Equity, 45% debt value) Axis Blue Chip Fund Direct Growth - SIP 7500 Mirae Asset Emerging Bluechip(G) - SIP 7500 Kotak Emerging Equity Scheme Growth - SIP 5000 Parag Parikh Long Term Equity Growth SIP 5000 UTI Equity Growth Direct Plan SIP 5000 Axis Small Cap Growth - SIP 5000 Franklin India Smaller Cos Fund(G)- SIP 3000 SBI Focused Equity GrowthÂ&nbsp - SIP 5000 Axis Short Term Growth (Short Duration Fund) - SIP 20000 Aditya Birla Sun Life Banking & PSU Debt Growth SIP 5000 Nippon India Gilt Securities Growth - SIP 5000 Nippon India Liquid Growth - SIP 10000

Ans: This is fine; we can review it post 1 year

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Dec 20, 2019

Question by Venkat - Dec 20, 2019Hindi

Money

I have been investing in the following MF for the last more than five years. Kindly let me have your opinion. Name of the Fund Category RankMF Star Rating HDFC Equity Fund Equity - Multi Cap Fund 4 HDFC Capital Builder Equity - Value Fund 3 HDFC Midcap Opportunities Equity - Midcap Fund 3 ABSLFrontline Equity Fund Equity - Large Cap Fund 4 ABSL - MNC Fund Equity - Thematic Fund - MNC 4 ABSL Equity Fund Equity - Multi Cap Fund 4 HDFC Low Duration Fund Debt - Low Duration Fund 2 ABSL Savings Fund Debt - Ultra Short Duration Fund 5 ICICI prudential Value Discovery Fund Equity - Value Fund 2 ICICI Asset Allocator Hybrid - Multi Asset Allocation 4

Ans: You may continue with 4 and 5 rated funds; better options are available in value and midcap categories.

Equity Value Funds: (4-Star rated):

Tata Equity PE fund
UTI value opportunity funds

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

Motilal Oswal Midcap 30
DSP Midcap
Kotak Emerging Equity Fund

Ramalingam Kalirajan |8077 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 04, 2024

Asked by Anonymous - Oct 02, 2023Hindi

Money

Hi Sir My self Karthick I am 30 years old and I have started to invest in MF for last 3 months. These are my portfolio 1. HDFC index nifty 50 2. ICICI prudential technology direct plan 3. Nippon India small cap direct growth 4. ICICI prudential value discovery direct growth 5. Axis small cap direct growth Pls suggest my investment is correct are need to diversify.

Ans: Based on your portfolio, it seems you have exposure to different market segments, including large-cap, technology, small-cap, and value stocks. Diversification across various segments is generally a good strategy to spread risk.

However, it's essential to review your portfolio periodically to ensure it aligns with your investment goals, risk tolerance, and time horizon. Consider factors such as your overall asset allocation, the performance of individual funds, and changes in market conditions.

If you're comfortable with the current allocation and performance of your portfolio, you may not need to make any changes. However, if you're looking to further diversify or adjust your risk exposure, you could explore adding funds from different sectors or asset classes.

Ultimately, the suitability of your investment portfolio depends on your specific financial goals and circumstances. Consider consulting with a financial advisor who can provide personalized guidance based on your individual situation.

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Question by BHARAT - Feb 09, 2025Hindi

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My wife is retired Her income from STCG from debt funds in this FY is 61000 Her income from LTCG from debt funds is 499000 If she invests Rs 61000 in ELSS will IT DEPT allow rebate of 61000 under section 80c and if so, her taxable income being 499000, will she get rebate under section 87A under the old tax regime

Ans: 01. Kindly note that Tax Rebate u/s 87A is not available if your taxable income exceeds Rs.5,00,000.00, in old tax regime also. I feel in this case taxable income would be more under different heads like Pension & Interest Income etc.
02. Deduction u/s 80-C would be available, if you invest in ELSS. This will effect your other income Like Salary/Pension, STCG & Income from Interest etc.
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Question by lavan - Feb 26, 2025Hindi

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Hi, I'm Lavan Kumar, i'm 34 year old married, one daughter of 6yr old. my current take home salary is 80k. my current PF balance as on Jan'25 is 8.5L Holding 1Cr term insurance with a premium of 18K per annum medical premium of 40k per annum for my family ( including parents). PPF Balance is 1.18L, investing around 20K per year investing in NPS from Dec'22 onwards and currently holding 2L and investing 50K every year and also investing 4500 monthly through employer from my salary( above mentioned sal is excluding this amt) Investing 9k per month in 5 mutual funds 1.Kotak infrastructure and Economic reform fund - 2k 2.Quant infrastructure fund -2k 3.Bandhan sterling value fund - 1k 4.SBI long term equity fund - 2k 5.Quant Multi Asset fund - 2k Paying LIC of 27K per year for 10L sum assured. currently holding a personal loan with an EMI of 27k per month, same will be closed by Dec'25. Please guide me on how to achieve 1Cr in next 10 years and where to invest to achieve my target.

Ans: Hello;

You may be able to achieve 1 Cr corpus in the following manner;

1. Do a flat monthly SIP of 50 K for 10 years.

2. Begin with a monthly sip of 15 K and step it up every year by 30% minimum.

Other option is to do a flat monthly sip of 20 K for 17 years to achieve 1 Cr.

A modest return of 10% is considered.

Also your funds need a complete rejig for which you may get in touch with a MFD.

Best wishes;
X: @mars_invest

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I get 81.9 percentile in jee mains session 1 can I get cse in any nit

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My son is pursuing Mechatronics in VIT Chennai. He does not have too much passion towards software programming etc.He is interested to pursue M.S abroad like Germany etc instead of doing GATE /PG in India. I personally feel doing GATE in India and if admitted to premier central institutes hold more value and makes economical sense. Please advise which one is better - if abroad, any specific countries you recommend which has more value for higher education/Career opportunities ? Secondly, What career options within India is good. Is IES a good option if so what specialization should he choose for preparing ?

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Question by Ramesh - Feb 13, 2025Hindi

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I have sold a flat on 12th Feb2025 for Rs.65 lacs. I have bought this for Rs.11 lacs on 5th April 2005. I do not wish to buy another property . I wish to invest in Capital Gains Tax Saving Bonds. I am 72 years old. How much is the LTCG ? How much do I need to invest in the CG Tax Saving Bonds to minimise the tax ? What will the tax amount payable ? Thanks and regards

Ans: 01. Based on available information, you may opt for LTCG with Indexation.
02. CG Tax Saving Bonds may be purchased for Rs.30.00 lakh. It may reduce your tax payment significantly.
03. Please ensure to : (a) Purchase of Bonds with in 6 months from the date of sale of property & (b) Filling of your ITRs in time.
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Asked by Anonymous - Feb 26, 2025Hindi

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sir, I want to check how much money i have in my IT file . i want to purchase land, so want to make confirm is their sufficient amount in file. For this which amount i have to check. Please advice.

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Asked by Anonymous - Feb 26, 2025Hindi

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I sold a property for Rs130 lacs in this month. I bought it for Rs.18 lacs in August 2005. I bought in joint name of self and spouse. I got the sales payment equally in both names. We do not wish to buy another property as I am over 70 years of age and my wife over 67 years. How much should we each invest in CG Tax saving bonds to get exemption ? Both of us are filing returns separately.

Ans: 01. Based on available information, you may opt for LTCG with Indexation.
02. CG Tax Saving Bonds may be purchased for Rs.35.00 lakh each. It may reduce your tax payment significantly.
03. Please ensure to : (a) Purchase of Bonds with in 6 months from the date of sale of property & (b) Filling of your ITRs in time.
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Question by Raj - Mar 04, 2025Hindi

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Hi My father purchase ist and barsati floor in 1986 @ 2 lac... He made 3rd floor construction... We dont have construction expenses bills Now he want to sell@ 10 lac each floor to 3 indiviual buyers, means total 30 lac sale considration ., how it can be shown in income tax... Will 2 lac buy value is divide in 3 floor?

Ans: 01. As per details provided in the question, your Cost for all the three Flats is Rs.2,00,000.00 only. This is due to lack of documentary evidence about Cost of Construction (Bills & Source of Finance etc.).
02. LTCG tax may be comparativly less, if you opt for LTCG calculation without Indexation.
03. I would suggest you to get a Certificate of an Architect, who would certify the cost of your property as on 01.04.2001. You may treat this as your Cost for 3 flats and work out your tax details.
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Question by K - Feb 19, 2025Hindi

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I bought a flat in 2000 for 15 lakhs. Recently my wife got a share of land from her dad through settlement deed. We want to construct a house in few months time. Im planning to transfer my flat to her name through a settlement and then sell it for 1.5 crores so as to fund the new house. Will it still attract CG tax for me or for my wife?

Ans: In case you transfer asset to your spouse for inadequate consideration, Income out of such asset will be clubbed in your hands.

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Question by shraddha - Feb 22, 2025Hindi

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Hello Sir, I am 35 year old working women & having SIP of 51K for 15 years. I started it 2 years before.(Current amount is 14L) My salary is 85K per month. I have 10 years daughter. I have currently purchased 2BHK home having home loan of 50L for 15years.My target is close the loan in next 5 years. Rent is coming 15K. EMI is 70K.(35K husband pays the EMI).NPS is 50K yearly. LIC 35K yearly. I want to retire by 2036 with amount of 2cr.Please suggest.

Ans: Hello;

With your current sip of 51 K you may be able to achieve a corpus of 2.13 Cr in 15 years time frame. (Assuming modest return of 10%).

You may use partial withdrawal from NPS/EPF, if any, and LIC policy proceeds to prepay the home loan.

Best wishes;

See more questions »

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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