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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Nov 16, 2022

Mutual Fund Expert... more

Question by Alok on Nov 16, 2022Hindi

Money

Below is my MF portfolio. I am planning to invest for the next 13-15 years for retirement and as well as my son's higher education who is 4.5 years old. I am 36 years old.

Please let me know if I can consolidate my investments. Apart from this I have investments in PPF, NPS as well.

Fund Name Category Amount/Month

Quant Tax Plan - Direct Plan ELSS 4000

Mirae Asset Tax Saver Fund - Direct Growth ELSS 6000

Axis Long Term Equity Fund - Direct Growth ELSS 2000

Kotak Flexicap Fund - Direct Growth Flexi Cap 2500

PGIM India Flexi Cap Fund - Direct Plan - Growth Flexi Cap 4000

Quant Active Fund Flexi Cap 2500

Nippon India Index Fund S&P BSE Index Fund 4000

Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth Large and Mid Cap 2000

Axis Bluechip Fund - Direct Growth Large Cap 2000

PGIM India Midcap Opportunities Fund - Direct Plan -G Mid Cap 4000

Quant Multi Asset Fund Multi Asset 3000

Bank of India Small Cap Small Cap 2000

Canara Robeco Small Cap Fund - Direct Growth Small Cap 4500

Axis Small Cap Small Cap 2000

Quant Small Cap Small Cap 2000

Total 46500

Ans: There are too many funds and consolidation can be done by having only 1 scheme in each category.

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 KK - Sep 08, 2021Hindi

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Please provide your guidance to consolidate my portfolio to achieve goal of retirement corpus of Rs 2 cr. I am currently investing a SIP of Rs 64,000 per month in the following funds from June 2020. My age is 46 years. I plan to work for another 9 years. 1. Axis Bluechip Direct G Rs 3,000 2. Axis Focused 25 Direct Growth Rs 3,000 3. Axis Midcap Direct G Rs 2,000 4. AXIS Small Cap Direct fund G Rs 2,000 5. HDFC Gold Fund Direct Growth Rs 5,000 6. ICICI Pru Discovery Direct Growth Rs 5,000 7. ICICI Pru US Bluchip Direct Growth Rs 5,000 8. Kotak Emerging Equity Direct Growth Rs 3,000 9. Kotak Flexicap Direct Growth Rs 3,000 10. Kotak NASDAQ 100 FOF Direct G Rs 3,000 11. Kotak Small Cap Direct Growth Rs 2,000 12. L&T Hybrid Equity Direct Growth Rs 3,000 13. L&T MidCap Fund Direct Growth Rs 2,000 14. L&T Nifty Next 50 Index Fund Direct G Rs 5,000 15. L&T Value Fund Direct Growth Rs 3,000 16. Mirae Asset Emerging Bluechip Direct G Rs 2,500 17. Mirae Asset Large Cap Direct G Rs 2,500 18. SBI Equity Hybrid Regular Growth Rs 5,000 19. SBI Focused Direct Plan Rs 3,000 20 SBI Multi Asset Fund Direct Growth Rs 2,000

Ans: You may continue with 1, 2, 3, 4, 7, 16 and 20.

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Oct 17, 2022

Question by Vivek - Oct 17, 2022Hindi

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I am 43 years old and ventured into MF and equity space a little later in life. Have been investing diligently for the last 6+ years. Please find below my existing portfolio for MFs. I feel I should reduce the number of funds or at least consolidate some of them as there is an overlap between the bluechip ones. Would like your thoughts/advice on the same. Response is much appreciated. Thank you. SIPs in progress Axis Bluechip Fund - Direct Plan (G) - 5000 ICICI Prudential Bluechip Fund (G) - 5000 ICICI Prudential US Bluechip Equity Fund - Direct Plan (G) - 5000 Mirae Asset Emerging Bluechip Fund - Direct Plan (G) - 6000 Navi Nifty 50 Index Fund - Direct Plan (G) - 5000 Navi Nifty Next 50 Index Fund - Direct Plan (G) - 5000 Parag Parikh Flexi Cap Fund - Direct Plan (G) - 5000 SBI Blue Chip Fund (G) - 5000 Axis Mid Cap Fund - Direct Plan (G) - 5000 DSP Mid Cap Fund - Direct Plan (G) - 5000 L&T Midcap Fund (G) - 5000 SBI Small Cap Fund - Regular Plan - (G) - 5000 SIP Discontinued HDFC Mid-Cap Opportunities Fund (G) HDFC Childrens Gift Fund - Investment Plan HDFC Top 100 Fund (G)

Ans: In bluechips, please continue with ICICI Pru Bluechip fund growth

Most of the funds are decent!

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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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Insurance, Stocks, MF, PF Expert - Answered on Nov 09, 2024

Asked by Anonymous - Nov 09, 2024Hindi

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Hello All . Looking for some advice I am 36 yr old and working class with Sal of 32 lakhs per annum Current savings are 33 lakhs in PPF / PF and Gratuity 3 lakhs in Shares and Mutual Fund 10 lakhs in Physical Gold 20 lakhs in Cash Liabilities Home loan outstanding 30 lakhs I wish to retire with corpus of 5cr and at age of 50 What do you think should change in my current portfolio

Ans: Hello;

You may begin a monthly sip of 80 K into a combination of pure equity mutual funds and continue for 14 years.

At 50, your sip may yield you a corpus of around 3.5 Cr.

The PF corpus will grow over 14 years into a sum of around 1 Cr. No additional contributions are assumed, which may be deemed as surplus.

The gold holding if liquidated and invested in equity mutual funds as lumpsum will yield a corpus of around 0.5 Cr after 14 years.

If you do not wish to liquidate gold holdings then the monthly sip may be hiked to 90 K.

The gold holding will grow in value to around 0.25 Cr over 14 years and 90 K sip will yield corpus of 3.75 Cr+.

Considering both scenarios you achieve your target of 5 Cr in 14 years:

80 K sip-3.5 Cr in 14 years
Pf value-1.0 Cr in 14 years
Gold holdings converted to equity MF holdings: 0.5 Cr in 14 years
Grand Total -5.00 Cr

90 K sip- 3.75 Cr+ in 14 years
Pf Value- 1.00 Cr in 14 years
Gold Value- 0.25 Cr in 14 years
Grand Total -5.00 Cr+

Pure equity MF returns assumed at 12%, PF at 8% and Gold return at 7%.

Happy Investing;

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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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