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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on May 26, 2021

Mutual Fund Expert... more

Question by Shailesh on May 26, 2021Hindi

Money

I have below investment in MFs and I want to accumulate 3 crore by 2030, I want to invest 50K monthly (currently 27500 SIP and rest lump sum invest in other funds based on condition).

Please suggest if to continue or shift to other options. Also any new funds to add to have aggressively diversified portfolio.

MF Name Avg. NAV Amount Invested No. of Units Current Value Invest mode

Nippon India Gilt Securities Fund (Growth)
29,81 25000,00 838,711 25018,08 Lump sum

Nippon India Income Fund (Growth)
67,54 95000,00 1406,554 98488,46 5000 SIP (monthly)

Axis Bluechip Fund - Growth
31,18 160000,00 5130,554 198603,74 10000 SIP (monthly)

Axis Multicap Fund - GROWTH
12,44 95000,00 7633,650 118550,58 Lump Sum

Kotak Gold fund growth
20,58 17500,00 850,325 15735,18 Lump sum

Kotak NASDAQ 100 Fund of Fund- Growth
9,88 25000,00 2529,782 23889,74 Lump sum

Mirae Asset Emerging Bluechip Fund - Growth Plan
56,91 107500,00 1888,862 147234,90 2500 SIP (monthly)
it was 10K SIP, but reduced later by MF house

Mirae Asset Large Cap Fund- Growth Plan
52,24 75000,00 1435,544 93987,94 5000 SIP (monthly)

NIPPON INDIA MULTI ASSET FUND-GROWTH PLAN
10,51 50000,00 4758,436 53394,41 Lump Sum

650000,00 774903,03

Ans: Rs 1,20,000 investment in equity oriented funds per month is required to create a corpus of Rs 3 cr in 10 years.

Both schemes of Axis and Mirae along with Kotak Nasdaq are good schemes to be continued

Debt funds will not be able to generate the kind of returns required to achieve the corpus

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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Question by Manoj - Mar 29, 2023Hindi

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Hello Sir , My Self Manoj ,I am 40 years old a salaried person , and investing in MFs Since 5.5 years I have below current ongoing investments Aditya Birla FlexiCap Fund -- 7000 p.m.(SIP) HDFC Midcap Opportunities fund ---4000 p.m.(SIP) HDFC Hybrid Equity Fund ----2000 p.m.(SIP) DSP mid cap fund ---2000 p.m.(SIP) DSP Select Focus Fund ---2000 p.m.(SIP) DSP Small Cap Fund 3000 p.m.(SIP) Kotak Equity Opportunities Fund ---2000 p.m.(SIP) SBI Blue Chip Fund -----64000 (lumpsome) SBI Small cap fund ----2000 p.m.(SIP) Nippon India small cap fund ----2000 p.m.(SIP) Invesco Small cap fund ---1000 p.m.(SIP) Tata Small cap fund ----1000 p.m.(SIP) Mahindra Unnati Emerginf Business yojana ----2000 p.m.(SIP) Tata Balanced Advantage Fund -----50000 Mirae Asset Mid cap Fund ---2000 p.m.(SIP) ICICI Flexicap fund -----70000 (lumpsome) DSP Equity and Bond Fund---- 32000 (lumpsome) DSP Dynamic Asset Allocation Fund ----23000 (lumpsome) Sundaram Emerging small cap series1---17000 (lumpsome) Sundaram Services Fund---500 p.m.(SIP) Tata Flexicap Fund ----17400 (lumpsome) Baroda BNP Paribas Flexicap Fund ----50000 (lumpsome) Icici Blue chip Fund ---400 p.m.(SIP) Edelweiss small cap fund ----2000 p.m.(SIP) Axis Flexicap Fund ----19000 (lumpsome) Sundaram Small cap fund ----98000 (lumpsome) ICICI mnc fund---- 6000 (lumpsome) Axis mid cap fund ---500 p.m.(SIP) Canara Robeco small cap fund -----1000 p.m.(SIP) BOI small cap fund ----1000 p.m.(SIP) Aditya birla multicap fund----50000 (lumpsome) Kotak Multicap fund -----25000 (lumpsome) HDFC world indexes fund of fund---10000 (lumpsome) SBI Multicap fund ---1000 p.m.(SIP) PGIM India mid cap oppportunities fund ---1000 p.m.(SIP) Axis small cap fund ----500 p.m.(SIP) Edelweiss focused equity fund ---21000 (lumpsome) UTI flexicap fund ---3000 p.m.(SIP) Quant Large cap fund ---25000 (lumpsome) IDFC mid cap fund ---25000 (lumpsome) White Oak mid cap fund ---20000 (lumpsome) Sundaram Flexicap fund ---700 (lumpsome) Canara Robeco mid cap fund ---2000 p.m.(SIP) Mahindra small cap fund---2000 p.m.(SIP) Total amount of SIP is roughly around 45k per month, Since December 2016 till the date now my investment corpus in Mutual Fund has been now 30.5 lakhs , also i have 30k invested in direct stocks in Indian equity Market. I have 3 LIC policies and 1 term insurance policy of 1 crore cover,I have Bank FDs in nationalised bank for about 27 lakhs , and 3 lakhs in PPF My Goals are 1) 2 crores for my children's marriage and education 2) 2 crores for buying home 3) 4 crores for retirement life (after 10 years) In total i want to generate 8 crores in next 10 years. Kindly suggest if i would be able to achieve the goals in next 10 years,and changes if required any Regards Manoj

Ans: Hello Manoj,

It's great to see that you've been disciplined with your investments and have built a sizable corpus already. To assess if your current investments will help you achieve your goals of 8 crores in the next 10 years, let's take a closer look at your financial situation and goals.

Current Investments:
Mutual Funds: ~30.5 lakhs
Direct stocks: 30k
LIC policies and term insurance: Not considered for investment purposes
Bank FDs: 27 lakhs
PPF: 3 lakhs
Total: ~60.5 lakhs
Monthly SIP investments: ~45k
Now let's analyze your goals:

Children's marriage and education: 2 crores
Buying a home: 2 crores
Retirement life (in 10 years): 4 crores
Total: 8 crores
Assuming an average annual return of 12% on your equity investments, here's a rough projection of your portfolio's growth:

Current investments (60.5 lakhs) in 10 years: ~1.87 crores
Monthly SIPs (45k) in 10 years: ~1.05 crores
Total: ~2.92 crores
Based on this calculation, you would not reach your goal of 8 crores in the next 10 years. However, you can consider making some changes to improve your chances:

Reassess your goals: Consider if your goals are realistic and if there's any flexibility in the amounts or timelines.
Increase your SIP investments: As your salary increases, try to increase your SIP investments to accelerate your portfolio's growth.
Rebalance your portfolio: Regularly review your portfolio to ensure it's aligned with your risk appetite and financial goals. This may involve reducing the number of funds or shifting the allocation between equity and debt.
Monitor fund performance: Keep an eye on the performance of your funds and consider replacing underperforming ones.
Remember that financial planning is an ongoing process, and it's essential to periodically review and adjust your strategy. It's also a good idea to consult with a professional financial advisor to get personalized advice for your specific situation. While it might be challenging to achieve 8 crores within 10 years, these suggestions may help you get closer to your goals.

Best regards,

Ramalingam Kalirajan |8068 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 29, 2024

Asked by Anonymous - Jul 10, 2023Hindi

Money

I am 43 years old..I have mf investment as following. SIP: quant mid cap, SBI Magnum mid cap, canara robeco bluechip equity fund...5000 each pm, started from June 2023. LUmp sump: 500000 quant multi asset fund, 250000 quant elss, 250000 kotak small cap, alll investment made in June 2023. The target is to achieve, 1.5 crores (most pessimistic outlook) to 3 crores( optimistic) outlook by 2040-41. Pls advise.

Ans: Strategizing Your Mutual Fund Investments for Long-Term Growth

Your proactive approach to investing in mutual funds demonstrates a commitment to achieving your financial goals. Let's assess your current portfolio and strategize to meet your target of Rs. 1.5 crores to Rs. 3 crores by 2040-41.

Analyzing Your Investment Portfolio

Your SIPs in mid-cap and blue-chip equity funds, along with lump sum investments across multi-asset, ELSS, and small-cap funds, reflect a diversified approach. Diversification is key to managing risk and maximizing returns over the long term.

Understanding Risk and Return Expectations

Given your investment horizon of approximately 16-17 years, you have the advantage of time to ride out market fluctuations and benefit from compounding returns. However, it's essential to acknowledge the inherent risks associated with mid-cap and small-cap investments, which tend to be more volatile than large-cap funds.

Assessing Growth Potential

Mid-cap and small-cap funds offer the potential for higher returns compared to large-cap funds over the long term. However, they also come with increased volatility and liquidity risks. Blue-chip equity funds provide stability and consistent returns, making them suitable for investors with a moderate risk tolerance.

Aligning Investments with Financial Goals

To achieve your target corpus, it's crucial to periodically review and realign your investment strategy. As you approach your target timeline, consider gradually shifting your portfolio towards more conservative options to protect your capital from market downturns.

Monitoring and Rebalancing

Regular monitoring of your investments is essential to ensure they remain aligned with your financial goals and risk tolerance. Rebalancing your portfolio periodically can help maintain the desired asset allocation and minimize the impact of market volatility.

Considering Tax Efficiency

ELSS funds offer the dual benefit of tax savings under Section 80C of the Income Tax Act and the potential for long-term capital appreciation. By maximizing your investments in tax-efficient avenues, you can optimize your returns while minimizing tax liabilities.

Seeking Professional Advice

As a Certified Financial Planner, I recommend consulting with a qualified professional to tailor your investment strategy to your specific needs and circumstances. A personalized financial plan can provide clarity and direction, helping you navigate market uncertainties and achieve your long-term financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |8068 Answers |Ask -Follow

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

Asked by Anonymous - Apr 03, 2024Hindi

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I am 50 working professional. Below is my MF portfolio . 1. Parag Parikh Flexi Cap Fund 2.6 lakhs + 10K SIP 2. PGIM India Midcap Opportunities Fund 1.85 L Value + 5K SIP 3. Quant ELSS Tax Saver Fund 80K 4. Axis Small Cap Fund 1.85 Lakhs Value + 5K SIP 5. Axis Gold Fund 75K Value + 5K SIP 6. Canara Robeco Bluechip Equity Fund 70K 7. Quant Multi Asset Fund 50K 8. SBI Magnum Income Fund 50K 9. ICICI Prudential Equity & Debt Fund 50K 10. Quant Active Fund 50K 11. ICICI Prudential Bluechip Fund 25K I want to build a retirement corpus of 2 crore in 10 years. I am planning to invest around 50K every month. Plus i have. surplus of 4Lakks which i want to invest in few of the MFs above. Planning to exit Canara Robeco bluechip and Axis Small cap soon. Please suggest if any changes you want me to do.

Ans: Given your goal of building a retirement corpus of 2 crores in 10 years and your current portfolio, here are some suggestions:

Increase SIP Contributions: Consider increasing your SIP amounts in high-performing funds like Parag Parikh Flexi Cap and PGIM India Midcap Opportunities Fund, which have shown good potential for long-term growth.

Review and Consolidate: Evaluate the performance of all your funds and consider consolidating your portfolio to fewer, well-performing funds to simplify management and potentially enhance returns.

Focus on Quality: Prioritize funds with strong track records, consistent performance, and experienced fund management teams. Consider adding large-cap and diversified equity funds for stability and balanced growth.

Asset Allocation: Ensure a balanced asset allocation across equity, debt, and gold funds based on your risk tolerance and investment horizon. Reallocate surplus funds strategically to maintain a diversified portfolio.

Regular Review: Monitor your portfolio regularly and make adjustments as needed based on changes in market conditions, fund performance, and your financial goals.

Consider consulting with a financial advisor for personalized advice tailored to your specific circumstances and goals.

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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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