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Nikunj Saraf | Answer |Ask -Follow

Mutual Funds Expert - Answered on Oct 04, 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 Gaurav on Oct 04, 2022Hindi

Money

Age: 26Yrs. I am Currently Investing 20K per Month in Following Equity MFs.

Axis Blue Chip Fund (Direct Growth)-5K (Invested-134993, Currently-152935)
Axis MidCap Fund (Direct Growth)-5K (Invested-134993, Currently-149743)
Mirae Asset(Emerging BlueChip)(Direct Growth)-2500(Invested-34998, Currently-39732)
SBI Tech Fund(Direct Growth)-2500(Invested-14999, Currently-14254)
Nippon Small Cap(Direct Growth)-2500(Invested-17474, Currently-20090)
Tata Digital(Direct Growth)-2500(Invested-24999, Currently-22893)

Kindly Suggest if these are good enough. Also if I wish to add 15% of the total Amount Extra every year, should I do it in the Existing MFs, or research and go for a new One?

Goal is Wealth Creation for the Future for studies of 2 Children(3-4Cr), House(3-4Cr) and Retirement. (Adjusted for Inflation).

Also Please Advice ‘Why sectoral/Thematic Based Funds are not recommended?’

Ans: Hello Gaurav. It’s great to see that you have started planning at such an early age. It sounds like your portfolio report is in good shape. In accordance with your requirements, the current diversification is correctly invested.

With the changing nature of the market year on year, you should first consider adding on to your existing SIPs and rearranging your portfolio. Investing in multiple portfolios is not appropriate for a portfolio.

Consider stopping sips that are below-average performers in your portfolio when you add new ones.

Sectoral/ Thematic funds are aggressive risk funds. They follow one sector or theme base companies to invest. Also, it's for the long term with a horizon of at least 8 years.

When investing in such a category, your investment proportion should not exceed 15-20% of your total investment.

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 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

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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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