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Hemant

Hemant Bokil  | Answer  |Ask -

Financial Planner - Answered on May 25, 2023

Hemant Bokil is the founder of Sanay Investments. He has over 15 years of experience in the field of mutual funds and insurance.Besides working as a financial planner, he also hosts workshops to create financial awareness. He holds an MCom from Mumbai University.... more
Asked by Anonymous - May 19, 2023Hindi
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Dear Sir, Please correct me about duration of SIPs in MF. Depending upon choice of MFs. As I see if sensex is high, nav improves& I gain more. If sensex is down, I buy more units at lower rates. Thus SIPs are always advisable, irrespective of its duration. Is there any duration of SIPs?

Ans: sip duration = time left to achieve your goals
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

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Jul 23, 2020

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I have following MFs (Growth) in my portfolio for some of them SIP is executed currently per month and for others SIP duration has expired. Am a long term investor with preference to SIP, kindly guide if I need to withdraw from one fund for investment in other fund and if the funds for which am paying SIP amount is to be continued or stopped. 1. Aditya Birla Sun Life Equity advantage Fund 2. BNP Paribas Midcap 3. DSP Equity Opportunities Fund 4. DSP Midcap Fund 5. DSP US Flexible Equity Fund 6. Franklin India Ultra Short Bond Fund 7. HDFC Equity Fund 8. HDFC Hybrid Equity Fund 9. HDFC Mid-Cap Opportunities Fund 10. HDFC Small Cap Fund 11. ICICI Prudential Infrastructure Fund 12. ICICI Prudential US Bluechip Fund 13. Invesco India Contra Fund 14. Kotak Emerging Equity Fund 15. Kotak Standard Multicap Fund 16. L&T Emerging Business Fund 17. L&T India Value Fund 18. L&T Midcap Fund 19. Mirae Asset Focused Fund 20. Mirae Asset Large Cap Fund 21. Motilal Oswal Multicap 35 Fund 22. Nippon India Growth 23. Nippon India Liquid Fund 24. Nippon India Power & Infra Fund 25. Principal Emerging Bluechip Fund 26. SBI Bluechip Fund 27. Tata Digital India Fund 28. Tata Equity PE Fund 29. Axis Blue-chip Fund Monthly SIP amounting 27000 is going for below funds (they are included in above details): 1. DSP US Flexible Equity Fund - 1500 2. Mirae Asset Focused Fund - 2000 3. Tata Digital India Fund - 1500 4. ICICI Prudential US Bluechip Fund - 1500 5. DSP US Flexible Equity Fund - 1500 6. BNP Paribas Midcap - 4000 7. HDFC Small Cap Fund - 4000 8. Kotak Emerging Equity Fund - 4000 9. L&T Midcap Fund - 4000 10. Nippon India Growth – 4000
Ans: TOO MANY FUNDS – not more than 4-6 schemes should be consolidated into.

Name of the Fund Category RankMF Star Rating Recommendation
1. Aditya Birla Sun Life Equity advantage Fund  Equity - Large & Mid Cap Fund 2 SmartSwitch to Axis Opportunities Fund - Growth
2. BNP Paribas Midcap Equity - Mid Cap Fund 1 SmartSwitch to DSP Mid Cap Growth
3. DSP Equity Opportunities Fund Equity - Large & Mid Cap Fund 2 SmartSwitch to Axis Opportunities Fund - Growth
4. DSP Midcap Fund Equity - Mid Cap Fund 4 Continue
5. DSP US Flexible Equity Fund FoFs (Overseas) 4 Continue
6. Franklin India Ultra Short Bond Fund Debt Ultra Short Wind up Scheme
7. HDFC Equity Fund Equity - Multi Cap Fund 2 SmartSwitch to UTI Equity Fund - Growth
8. HDFC Hybrid Equity Fund Hybrid - Aggressive Hybrid Fund 5 Continue
9. HDFC Mid-Cap Opportunities Fund Equity - Mid Cap Fund 2 SmartSwitch to DSP Mid Cap Growth
10. HDFC Small Cap Fund Equity - Small Cap Fund 1 SmartSwitch to Axis ESG Fund  Growth
11. ICICI Prudential Infrastructure Fund Equity - Sectoral Fund - Infrastructure 1 Avoid Sectoral Funds, SmartSwitch to UTI Equity Fund - Growth
12. ICICI Prudential US Bluechip Fund Equity - Thematic Fund - Global 4 Continue
13. Invesco India Contra Fund Equity - Contra Fund 2 SmartSwitch to Axis ESG Fund  Growth
14. Kotak Emerging Equity Fund Equity - Mid Cap Fund 3 SmartSwitch to DSP Mid Cap Growth
15. Kotak Standard Multicap Fund Equity - Multi Cap Fund 2 SmartSwitch to UTI Equity Fund - Growth
16. L&T Emerging Business Fund Equity - Small Cap Fund 2 SmartSwitch to Axis ESG Fund  Growth
17. L&T India Value Fund Equity - Value Fund 2 SmartSwitch to Axis ESG Fund  Growth
18. L&T Midcap Fund Equity - Mid Cap Fund 2 SmartSwitch to DSP Mid Cap Growth
19. Mirae Asset Focused Fund Equity - Focused Fund 4 Continue
20. Mirae Asset Large Cap Fund Equity - Large Cap Fund 3 SmartSwitch to Uti Mastershare Unit Scheme - Growth Plan
21. Motilal Oswal Multicap 35 Fund Equity - Multi Cap Fund 4 Continue
22. Nippon India Growth Equity - Mid Cap Fund 2 SmartSwitch to DSP Mid Cap Growth
23. Nippon India Liquid Fund Debt - Liquid Fund 5 Continue
24. Nippon India Power & Infra Fund Equity - Sectoral Fund - Energy & Power 1 Avoid Sectoral Funds, SmartSwitch to UTI Equity Fund - Growth
25. Principal Emerging Bluechip Fund Equity - Large & Mid Cap Fund 4 Continue
26. SBI Bluechip Fund Equity - Large Cap Fund 3 SmartSwitch to Uti Mastershare Unit Scheme - Growth Plan
27. Tata Digital India Fund Equity - Thematic Fund - Other 3 continue
28. Tata Equity PE Fund Equity - Value Fund 3 SmartSwitch to Axis ESG Fund  Growth
29. Axis Blue-chip Fund Equity - Large Cap Fund 4 Continue
 
1. DSP US Flexible Equity Fund - 1500 FoFs (Overseas) 4 Continue
2. Mirae Asset Focused Fund - 2000 Equity - Focused Fund 4 Continue
3. Tata Digital India Fund - 1500 Equity - Thematic Fund - Other 3 continue
4. ICICI Prudential US Bluechip Fund - 1500 Equity - Thematic Fund - Global 4 Continue
5. DSP US Flexible Equity Fund - 1500 FoFs (Overseas) 4 Continue
6. BNP Paribas Midcap - 4000 Equity - Mid Cap Fund 1 SmartSwitch to DSP Mid Cap Growth
7. HDFC Small Cap Fund - 4000 Equity - Small Cap Fund 1 SmartSwitch to Axis ESG Fund  Growth
8. Kotak Emerging Equity Fund - 4000 Equity - Mid Cap Fund 3 SmartSwitch to DSP Mid Cap Growth
9. L&T Midcap Fund - 4000 Equity - Mid Cap Fund 2 SmartSwitch to DSP Mid Cap Growth
10. Nippon India Growth – 4000 Equity - Mid Cap Fund 2 SmartSwitch to DSP Mid Cap Growth

..Read more

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