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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Dec 28, 2021

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Ashley Question by Ashley on Dec 28, 2021Hindi
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Below is my portfolio. I would highly appreciate if you can suggest if it is good or any changes are required.

The total current investment in SIP is Rs 12,000 (which now I want to make Rs 15,000). Kindly advise a good additional SIP for investing Rs 3,000 monthly.

Also let me know if lumpsum investment in MFs is good or any changes are required.

I am now 45 years of age and my total savings as of date is Rs 13 lakhs only.

Kindly advise how much more investment I would have to make to collect a good amount for my sons' education and retirement. I have two sons aged 12 and eight.

My current salary is Rs 1.5 lakhs and my wife is also working with a salary of Rs 30,000.

Also I keep breaking my SIP and lumpsum investment in between for emergency use. Please do let me know if that will affect my long term plan of collecting funds.

My SIPs are:

Mutual Funds Plan Amt invested per month (long term)
Axis Focused 25 Growth Rs 2,000
ICICI Prudential Focused Equity Growth Rs 2,000
Canara Robeco Emerging Equities Regular Growth Rs 3,000
Kotak Standard Multicap Fund Growth Rs 2,000
L&T Midcap Growth Rs 2,000
Motilal Oswal Multicap 35 Growth Rs 2,000

I have lumpsum investment in:

Mutual Funds Plan Amt Invested (long term)
DSP Focus Growth Rs 1 lakh (invested in April 2016)
ICICI Pru Long Term Equity Fund (Tax Saver) Growth Rs 1 lakh (invested in April 2016)
Kotak Bluechip Fund Growth Rs 1 lakh (invested in April 2016)
Nippon India Dynamic Bond Fund Growth Rs 1 lakh (invested in April 2016)
Mirae Asset Focused Fund Growth Rs 50,000 (invested in April 2019)
Mirae Asset Midcap Fund Growth Rs 25,000 (invested in April 2019)

Ans: These are good funds, please continue.

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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Aug 11, 2021

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Below is my portfolio. Would highly appreciate if you can suggest if it is good or any changes required? Total current investment in SIP is Rs 12,000 (Which now I want to make it Rs 15K) kindly advise a good additional SIP for investing 3K monthly. Also let me know if the MF in lump sum are good? Or any changes required. I am now 45 years of age and my total savings as of date is Rs 13 Lacs only. Kindly advise how much more investment would I have to make to collect a good amount for my son's education and retirement - I have 2 son's aged 12 and 8. My current salary is Rs 1.5 Lacs and wife is also working with a salary of 30 K. Also I keep breaking SIP and lumpsum in between for emergency use. Let me know if that will affect my long terms plans of collecting funds SIPs: NAME OF MUTUAL FUND AMT INVESTED PER MONTH - (LONG TERM) Axis Focused 25 - Growth - RS - 2,OOO /- ICICI Prudential Focused Equity - Growth RS - 2,OOO /- HDFC Top 100 - Growth RS - 2,OOO /- Kotak Standard Multicap Fund - Growth RS - 2,OOO /- L&T Midcap - Growth RS - 2,OOO /- Motilal Oswal Multicap 35 - Growth RS - 2,OOO /- LUMPSUM NAME OF MUTUAL FUND AMT INVESTED LUMPSUM - (LONG TERM) DSP Focus - Growth RS - 1 LAC (INVESTED IN APRIL 2016) ICICI Pru Long Term Eq Fund ( Tax Sav) - Growth RS - 1 LAC (INVESTED IN APRIL 2016) Kotak Bluechip Fund - Growth RS - 1 LAC (INVESTED IN APRIL 2016) Nippon India DYNAMIC BOND FUND - Growth Plan RS - 1 LAC (INVESTED IN APRIL 2016) Mirae Asset Focused Fund - Growth RS - 50K (INVESTED IN AUG 2019) Mirae Asset Midcap Fund - Growth RS - 25K (INVESTED IN AUG 2019)
Ans: Prudent approach is to have the family covered for medical and life with pure insurance product.

Post that, create a corpus for emergency fund that should be 6 month of monthly expenses.

Only post that investment is recommended.

Depending upon your cash flows, mode of investment can be SIPs or lumpsums; however, SIPs are recommended.

Existing funds are okay; for further investment Axis ESG Equity Fund – Growth or UTI Flexi Cap fund – Growth can be considered

..Read more

Ramalingam

Ramalingam Kalirajan  |6485 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

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Dear Sir, I am 45 years old and have the following investments in Mutual Funds and other investments. Kindly review my portfolio and suggest changes as needed. My goals are: retirement and higher education for my son who is 13 years old now AXIS LONG TERM EQUITY FUND REGULAR IDCW PAYOUT - 1 lakh (one time) AXIS MULTICAP FUND-REGULAR PLAN-GROWTH - 1 lakh (one time) DSP TAX SAVER FUND IDCW PAYOUT - 50,000 (one time) ICICI PRUDENTIAL VALUE DISCOVERY FUND IDCW PAYOUT - SIP (5000) SBI BLUE CHIP FUND REGULAR PLAN IDCW PAYOUT - 1 lakh (one time) ICICI Prudential Bluechip Fund -IDCW - 1 lakh (one time) Mirae Asset Emerging Bluechip Fund - Regular Plan Growth - SIP (5000) Tata India Tax Savings Fund Regular Plan IDCW - 50,000 (one time) Thanking You
Ans: It's heartening to see your commitment towards planning for both your retirement and your son's higher education. At 45, you're at a pivotal stage in life where strategic investment decisions can make a significant difference.

Your current portfolio reflects a blend of equity investments, which offer growth potential, and tax-saving funds, which are beneficial for long-term planning. However, as we journey through life, our goals evolve, and so should our investment strategy.

Have you considered how market fluctuations could impact your goals? Or how changing life circumstances might affect your investment needs? Diversifying your portfolio further could provide a cushion against such uncertainties.

Remember, it's not just about chasing returns but aligning your investments with your life's aspirations. A well-crafted plan by a Certified Financial Planner can offer you clarity and peace of mind.

Let's ensure your financial journey is not just about reaching a destination but cherishing the experiences along the way. Your dedication to planning today will pave the way for a fulfilling tomorrow.

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Ramalingam

Ramalingam Kalirajan  |6485 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

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Hi, I am 33yr old Male drawing 67k per month in hand. I invest monthly 17k in SIP (5k in Axis Small Cap Reg, 4K in ICICI Large & Mid cap, 4K in ICICI blue chip and 4K in HDFC Balanced Advantage IDCW) I have 58lakh home loan (jointly with wife) which comes around 22k per head per month for 20years. I have a 4year old son want to save a substantial amount for his education and also simultaneously wants to have a corpus of 5cr for my retirement. The SIP I am currently investing is for long term. Please suggest if I should continue with my same portfolio or there should some changes?
Ans: Evaluating and Optimizing Your Investment Strategy

Thank you for sharing the details of your financial situation and goals. Your current investment strategy is commendable, with a disciplined approach towards SIPs and long-term planning. Let's review your portfolio and explore any potential adjustments to better align with your goals.

Current Investment Analysis
You are investing ?17,000 per month across different mutual funds, which is a solid approach. Here’s a breakdown:

Axis Small Cap Fund: ?5,000
ICICI Large & Mid Cap Fund: ?4,000
ICICI Blue Chip Fund: ?4,000
HDFC Balanced Advantage Fund (IDCW): ?4,000
Home Loan Consideration
Your home loan is significant, and managing the EMI of ?22,000 per head per month over 20 years requires careful planning. Balancing loan repayment with investments is crucial for financial stability.

Goals and Financial Planning
You aim to save for your son’s education and build a corpus of ?5 crores for retirement. Both goals are achievable with a structured and diversified investment plan.

Suggested Portfolio Adjustments
Diversification and Risk Management
Your current portfolio includes a mix of small-cap, large & mid-cap, blue-chip, and balanced advantage funds. While this provides a good mix of growth and stability, a few adjustments could enhance diversification and risk management.

Reduce Concentration in Small Cap
Small-cap funds are high-risk and high-reward. Given your goals, consider reducing exposure to small-cap funds slightly and reallocating to more stable funds.

Increase Exposure to Balanced and Large Cap Funds
Balanced and large-cap funds offer stability and consistent returns. Increasing your investment in these funds can provide a more balanced risk-return profile.

Introduce Multi-Cap Fund
Multi-cap funds invest across all market capitalizations, providing diversification and flexibility. Adding a multi-cap fund can enhance your portfolio’s resilience.

Revised SIP Allocation Suggestion
Consider the following revised SIP allocation:

Large-Cap Fund (ICICI Blue Chip): Increase to ?6,000
Multi-Cap Fund: Introduce with ?4,000
Balanced Advantage Fund (HDFC Balanced Advantage): Maintain ?4,000
Large & Mid Cap Fund (ICICI Large & Mid Cap): Maintain ?4,000
Small-Cap Fund (Axis Small Cap): Reduce to ?3,000
This revised allocation provides a balanced approach, reducing risk while aiming for substantial growth.

Planning for Son’s Education
Child-Specific Funds
Consider investing in child-specific mutual funds or equity-oriented savings schemes. These funds are designed to meet educational expenses and have tax benefits.

Separate Education Corpus
Open a separate investment account dedicated to your son's education. Invest systematically to build a substantial corpus over the next 14 years.

Retirement Planning
Consistent SIPs
Continue your SIPs with the revised allocation to build a retirement corpus. Regularly review and increase your SIP amount in line with income growth and inflation.

Long-Term Focus
Remain focused on long-term growth. Avoid frequent portfolio changes based on short-term market movements. Consistency and patience are key.

Monitoring and Rebalancing
Regular Review
Review your portfolio at least once a year. Ensure it remains aligned with your goals and risk tolerance. Rebalance if necessary.

Professional Guidance
Consult a Certified Financial Planner (CFP) periodically. A CFP can provide personalized advice and help optimize your investment strategy based on changing financial needs and market conditions.

Conclusion
Your current investment strategy is on the right track. With minor adjustments to enhance diversification and risk management, you can achieve your financial goals more effectively. Stay disciplined, regularly review your portfolio, and seek professional guidance to ensure long-term success.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Sir I am btech - industrial biotechnology (4 years ) student. Now I'm in 3 rd year . My family financial situations didn't ain't me study msc or mtech or going abroad. So.. I'm planning to work hard for an year to get government job in my biotech field. However, biotech in india is just in it's initial stages . I didn't find good jobs in biotech industry for graduates and I even google many times about this concern. Could you please guide me ? What are best rated - government and private jobs in biotechnology field for biotech graduates ? I want each of jobs list If not any other alternatives ? What are the entrance exams I can appear for mtech pursuing at free of cost in India ? Is there any entrance exams to get a govt job in biotech field for graduates ? I'm bothered with many quests???????? I'm so... Worried about my career . Hope I'll get my answers from your team as soon as possible Thank you ????
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Indian Council of Medical Research (ICMR)
Department of Biotechnology (DBT)
Indian Council of Agricultural Research (ICAR)
Defence Research and Development Organisation (DRDO)
Bharat Immunologicals & Biologicals Corporation Ltd. (BIBCOL)
Hindustan Antibiotics Limited (HAL)
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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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