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

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Jun 15, 2022

Mutual Fund Expert... more
Anamika Question by Anamika on Jun 15, 2022Hindi
Money

I am a  reader of your blog and like the same. I am a 39 year single working female. Please examine my portfolio and let me know if any changes have to be made so that I can generate maximum returns on my investments.

Also plan to withdraw/use lump sum investments for home buying. Kindly advise. I plan to continue the SIPs for the long term.

My lump sum investments are as follows:

Sr. no. Date MF name Amount
1 20-11-2019 UTI Mastershare Unit Scheme- Growth 200000
2 22-11-2019 UTI Liquid Cash Plan -  Plan - Growth 300000
  09-11-2020 Withdraw UTI Liquid Cash Plan -  Plan - Growth 250000
3 11-11-2020 UTI Liquid Cash Plan -  Plan - Growth 200000
4 01-01-2020 Axis Retirement Savings Fund - Dynamic Plan,  growth 30000
5 01-01-2020 Axis Retirement Savings Fund - Aggressive Plan,  growth 40000
6 01-01-2020 Axis Retirement Savings Fund - Conservative Plan,  growth 30000
7 23-07-2021 UTI Ultra Short Term Fund -  Growth Plan 40000
8 23-07-2021 UTI Flexi Cap Fund (Formerly known as UTI Equity Fund) -  Growth 30000
9 23-07-2021 UTI Mastershare Unit Scheme -  Growth Plan 30000
10 28-07-2021 UTI Ultra Short Term Fund -  Growth Plan 50000
11 04-08-2021 UTI Focused Equity Fund -  Growth Plan 30000
12 02-09-2021 UTI Liquid Cash Plan -  Plan - Growth 120000
13 01-10-2021 HDFC Developed World Indexes Fund of Fund 25000
14 01-10-2021 Aditya Birla Sun Life Flexi Cap Fund - Growth -  Plan 25000
15 04-10-2021 SBI Focused Equity Fund ( growth ) 25000
16 04-10-2021 DSP Flexi Cap Fund 25000
17 01-11-2021 Aditya Birla Sun Life Flexi Cap Fund - Growth -  Plan 25000
18 01-11-2021 ICICI Prudential Multi-Asset Fund - Growth 25000
19 01-11-2021 HDFC Large and Mid Cap Fund -  Plan - Growth (Erstwhile HDFC Growth Opportunities Fund) 25000
20 01-11-2021 DSP Mid Cap Fund -  Plan - Growth 25000
21 01-12-2021 HDFC Multi Cap Fund  Growth 20000
22 01-12-2021 Axis Multicap Fund  Growth 20000
23 3.01.2022 HDFC Multi Cap Fund  Growth(HMCRG) 50000
    TOTAL MF 1140000

My SIP portfolio is as below:

Sr. no. Start Date MF name Amount
1 22-11-2019 ULIP 3000
2 22-11-2019 UTI Mastershare / UTI 4000
3 22-11-2019 UTI Equity fund / UTI 4000
4 22-11-2019 UTI MNC Fund / UTI 5000
5 25-11-2019 Aditya Birla Sunlife Focus / HDF 3000
6 25-11-2019 Aditya Birla Sunlife India / HDF 3000
7 26-11-2019 Axis Bluechip / UTI 2000
8 26-11-2019 Axis Multicap Fund / UTI 2000
9 19-12-2019 HDFC Equity Fund 1000
10 20-12-2019 HDFC Top Fund 1000
11 13-01-2020 UTI Flexi Cap Fund(UTI Equity fund) growth plan 2000
12 13-01-2020 UTI Value Opportunities Fund -  fund 2000
13 10-01-2020 ICICI Prudential Bluechip Fund 1000
14 10-01-2020 ICICI Prudential Multicap Fund 1000
15 13-01-2020 ABSL India Gen Next Fund 1000
16 13-01-2020 ABSL Equity Fund 1000
    Total 36000

Ans: Too many funds, continue with SIPs, you may liquidate lumpsums for the home purchase starting with Liquid  / Short term liquid / debt 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.
Money

You may like to see similar questions and answers below

Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Jun 03, 2022

Money
I am a regular reader of your blog and like the same. I am a 39 year single working female and this is my third email to you. Please examine my portfolio and let me know if any changes have to be made so that I can generate maximum returns on my investments. Also plan to withdraw / use lump sum investments for home buying. Kindly advise. SIPs I plan to continue for the long term. My lump sum investments are as follows: Sr. no.  Date  MF name  Amount 1 20-11-2019 UTI Mastershare Unit Scheme-Regular Growth  200000 2 22-11-2019 UTI Liquid Cash Plan - Regular Plan - Growth 300000   09-11-2020 Withdraw UTI Liquid Cash Plan - Regular Plan - Growth 250000 3 11-11-2020 UTI Liquid Cash Plan - Regular Plan - Growth 200000 4 01-01-2020 Axis Retirement Savings Fund - Dynamic Plan , Regular growth 30000 5 01-01-2020 Axis Retirement Savings Fund - Aggressive Plan , Regular growth  40000 6 01-01-2020 Axis Retirement Savings Fund - Conservative Plan , Regular growth  30000 7 23-07-2021 UTI Ultra Short Term Fund - Regular Growth Plan 40000 8 23-07-2021 UTI Flexi Cap Fund (Formerly known as UTI Equity Fund) - Regular Growth  30000 9 23-07-2021 UTI Mastershare Unit Scheme - Regular Growth Plan 30000 10 28-07-2021 UTI Ultra Short Term Fund - Regular Growth Plan 50000 11 04-08-2021 UTI Focused Equity Fund - Regular Growth Plan 30000 12 02-09-2021 UTI Liquid Cash Plan - Regular Plan - Growth 120000 13 01-10-2021 HDFC Developed World Indexes Fund of Fund  25000 14 01-10-2021 Aditya Birla Sun Life Flexi Cap Fund - Growth - Regular Plan 25000 15 04-10-2021 SBI Focused Equity Fund (Regular growth ) 25000 16 04-10-2021 DSP Flexi Cap Fund 25000 17 01-11-2021 Aditya Birla Sun Life Flexi Cap Fund - Growth - Regular Plan 25000 18 01-11-2021 ICICI Prudential Multi-Asset Fund - Growth 25000 19 01-11-2021 HDFC Large and Mid Cap Fund - Regular Plan - Growth (Erstwhile HDFC Growth Opportunities Fund) 25000 20 01-11-2021 DSP Mid Cap Fund - Regular Plan - Growth 25000 21 01-12-2021 HDFC Multi Cap Fund Regular Growth 20000 22 01-12-2021 Axis Multicap Fund Regular Growth 20000 23 3.01.2022 HDFC Multi Cap Fund Regular Growth(HMCRG) 50000     TOTAL MF 1140000 My SIP Portfolio is as below: Sr. no.  Start Date  MF name  Amount 1 22-11-2019 ULIP  3000 2 22-11-2019 UTI Mastershare / UTI  4000 3 22-11-2019 UTI Equity fund / UTI 4000 4 22-11-2019 UTI MNC Fund / UTI 5000 5 25-11-2019 Aditya Birla Sunlife Focus / HDF 3000 6 25-11-2019 Aditya Birla Sunlife India / HDF 3000 7 26-11-2019 Axis Bluechip / UTI 2000 8 26-11-2019 Axis Multicap Fund / UTI 2000 9 19-12-2019 HDFC Equity Fund  1000 10 20-12-2019 HDFC Top Fund  1000 11 13-01-2020 UTI Flexi Cap Fund(UTI Equity fund)Regular growth plan  2000 12 13-01-2020 UTI Value Opportunities Fund - Regular fund  2000 13 10-01-2020 ICICI Prudential Bluechip Fund  1000 14 10-01-2020 ICICI Prudential Multicap Fund  1000 15 13-01-2020 ABSL India Gen Next Fund  1000 16 13-01-2020 ABSL Equity Fund 1000     Total  36000
Ans: Please continue with the SIPs and liquidate the liquid funds first. Then depending upon exit loads others can be liquidated.

..Read more

Dev

Dev Ashish  | Answer  |Ask -

MF Expert, Financial Planner - Answered on Sep 19, 2023

Listen
Money
dear Dev, First of all, thank you for taking the time to review questions from viewers. Your efforts are truly appreciated from the bottom of my heart. I would be really grateful if you could review my investment portfolio. I invest 64,000/- every month in a direct mutual fund, and my plan is to continue this for the next 10 years. ICICI Pru Bluechip - 12,000/- Mirae Asset Emerging Bluechip - 4,000/- Axis Mid-cap - 5,000/- HDFC Mid-cap Opp - 5,000/- Axis Small-cap - 6,500/- Quant Active - 6,500/- Parag Parikh Flexi-cap - 8,000/- UTI Nifty 50 - 6,000/- Navi Nasdaq - 6,000/- Tata Digital Industries - 5,000/- Please let me know if you see any need for corrections or changes in my portfolio. Thank you.
Ans: You don't need to invest in so many schemes. There is a lot of overlap in your mutual fund portfolio holdings if you look at individual scheme's portfolios. So just investing the same monthly amount in up to 4 funds would be more than sufficient. You can pick one from Largecap Index Fund, 1-2 from a Flexicap/Large&Midcap Fund, 1-2 from Mid/Smallcap funds and that should be sufficient. In general, most investors are better off avoiding thematic/sectoral funds.

Note (Disclaimer) - As a SEBI RIA, I cannot comment on specific schemes/funds that are provided or asked for in the questions in the platform. And the views expressed above should not be considered professional investment advice or advertisement or otherwise. No specific product/service recommendations have been made and the answers here are for general educational purposes only. The readers are requested to take into consideration all the risk factors including their financial condition, suitability to risk-return profile and the like and take professional investment advice before investing.

..Read more

Dev

Dev Ashish  | Answer  |Ask -

MF Expert, Financial Planner - Answered on Sep 19, 2023

Listen
Money
dear Dev, First of all, thank you for taking the time to review questions from viewers. Your efforts are truly appreciated from the bottom of my heart. I would be really grateful if you could review my investment portfolio. I invest 64,000/- every month in a direct mutual fund, and my plan is to continue this for the next 10 years. ICICI Pru Bluechip - 12,000/- Mirae Asset Emerging Bluechip - 4,000/- Axis Mid-cap - 5,000/- HDFC Mid-cap Opp - 5,000/- Axis Small-cap - 6,500/- Quant Active - 6,500/- Parag Parikh Flexi-cap - 8,000/- UTI Nifty 50 - 6,000/- Navi Nasdaq - 6,000/- Tata Digital Industries - 5,000/- Please let me know if you see any need for corrections or changes in my portfolio. Thank you.
Ans: You don't need to invest in so many schemes. There is a lot of overlap in your mutual fund portfolio holdings if you look at individual scheme's portfolios. So just investing the same monthly amount in up to 4 funds would be more than sufficient. You can pick one from Largecap Index Fund, 1-2 from a Flexicap/Large&Midcap Fund, 1-2 from Mid/Smallcap funds and that should be sufficient. In general, most investors are better off avoiding thematic/sectoral funds.

Note (Disclaimer) - As a SEBI RIA, I cannot comment on specific schemes/funds that are provided or asked for in the questions in the platform. And the views expressed above should not be considered professional investment advice or advertisement or otherwise. No specific product/service recommendations have been made and the answers here are for general educational purposes only. The readers are requested to take into consideration all the risk factors including their financial condition, suitability to risk-return profile and the like and take professional investment advice before investing.

..Read more

Latest Questions
Milind

Milind Vadjikar  |702 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 26, 2024

Listen
Money
Hi Experts, I seek your guidance on my mutual fund portfolio. Below are the details: Total Portfolio Details: - Total Invested Amount: ?15,76,159 - Current Value: ?19,35,234 - Total Returns: ?3,59,075 (+22.78%) - XIRR: 20.75% Monthly SIP Contribution: ?1,18,000 Breakdown of monthly SIP contributions across funds: 1. Parag Parikh Flexi Cap Fund Direct Growth – ?30,000 2. SBI Large & Midcap Fund Direct Plan Growth – ?15,000 3. SBI Magnum Mid Cap Fund Direct Plan Growth – ?20,000 4. Nippon India Large Cap Fund Direct Growth – ?30,000 5. Nippon India Small Cap Fund Direct Growth – ?7,500 6. ICICI Prudential Technology Direct Plan Growth – ?10,000 7. Quant Small Cap Fund Direct Plan Growth – ?7,500 8. HSBC Small Cap Fund Direct Growth – ?5,000 9. Edelweiss US Technology Equity Fund of Funds Direct Growth – ?5,000 Can you suggest if I am on track to create 5 CR corpus in 10 years I have ?25 lakh invested in a Fixed Deposit (FD) in my mother’s account, earning an interest rate of 7.75%, to generate tax-free returns. Additionally, I’m planning to purchase a plot worth ?30–50 lakh in the next 1–2 years. Is it a good idea to keep the money in FD for now, or are there better short-term investment options I should consider to maximize returns while keeping the funds accessible for my future purchase? Looking forward to your suggestions! Thank you!
Ans: Hello;

Your monthly sip value adds upto 1.3 L however you have claimed it to be 1.18 L. (Maybe a typo).

Existing corpus(19.35 L) and monthly sip (1.3 L) won't reach 5 Cr in 10 years.

You have two options to make it happen:

1. Increase monthly sip amount to 1.9 L.

2. Top-up current monthly SIP of 1.3 L by minimum 10% each year for 10 years.

Both ways will lead you to a corpus of 5 Cr over 10 years.

You may consider money market mutual funds for parking your funds for a 1 year horizon. Returns may be comparable to FD returns but with flexibility to withdraw anytime. They typically have low to moderate risk.

Happy Investing;
X: @mars_invest

...Read more

Nayagam P

Nayagam P P  |3928 Answers  |Ask -

Career Counsellor - Answered on Nov 26, 2024

Listen
Career
Is doing BBA + Law (Honors) from BITS Law is worth
Ans: Anju, prior to addressing the question, I would like to draw your attention to a recent article in 'The Times of India' which indicates that a majority of law graduates tend to favor employment in corporate settings over practicing in courts. Now, coming to your question, please note, BITS Law School's BBA + LLB (Hons) program is a 5-year program that combines business administration with legal studies. The program focuses on areas such as corporate law, intellectual property, business laws, and dispute resolution. The program offers a strong multidisciplinary approach, preparing students for careers in corporate law, legal consultancy, and management. Its strengths include a business + legal acumen curriculum, industry-driven curriculum, and a reputation for excellence in education and placement opportunities. However, it lacks the legacy and alumni network of top-tier law schools and can be expensive. Career opportunities include corporate and business law, management roles, consulting, entrepreneurship, academia/research, international arbitration, cyber and technology law, corporate governance, and intellectual property rights. The program is worth considering if you aim for a corporate or business law career, are comfortable with the cost and value of the BITS brand, and have excellent industry connections and internships. Build your profile well by the time you complete your BBA+LLB & improve your all other skills required. All the BEST for Your Prosperous Future.

To know more on ‘ Careers | Education | Jobs’, ask / follow Us here in RediffGURUS.

...Read more

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