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Should I Change My Mutual Funds? A 50-Year-Old Investor Seeks Expert Advice

Milind Vadjikar | Answer |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Oct 06, 2024

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more

Asked by Anonymous - Oct 06, 2024Hindi

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Hello Sir, Hope this mail finds you well ! I have SIP's as follows : Parag P Flexi Cap - 70K, Canara R FlexiCap-35K, Nippon MultiCap-30K, Nippon Pharma-10K, Nifty BeeS ETF-75K, Nifty Gold ETF - 5K, NPS Tier 2-30K, Tier 1- 5K. Additionally I have STP from Liquid funds into Kotak Emerging Equity - 30K, Axis Small Cap - 30K. Are these MF's, ETF & NPS plan good in terms of investments ? Do I need to change any MF ? How much amount I can expect in the next 10 years if I continue this same investment. What will be the amount if I increase the investment 10% every year ? Also I plan to redeem my investment in UTI Flexicap, Axis BC, Axis Midcap & PGIM Flexicap and reinvest the amount in the above MF's. Please advise. Thanks in advance.

Ans: Hello;

I must admire your commitment and disciplined way of investing.

Your fund choice looks good so NO suggestion for changes.

If you contine this monthly SIP of 3.2 L for the next 10 years you may expect a corpus of 7.1 Cr.

If you decide to top-up this SIP by 10% each year then your corpus would be around 10.25 Cr+.

Yes you should exit these funds(uti flexicap, Axis BC & Midcap, PGIM flexi cap) and redeploy the proceeds into your SIP schemes.

A modest return of 11% considered.

Happy Investing!!

Asked on - Oct 06, 2024 | Answered on Oct 07, 2024

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Thanks Sir. Appreciate your prompt response !

Ans: You are most welcome!

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 Ashwani - Sep 26, 2022Hindi

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Good morning sir, I am investing since 4 years in MFs. Sir, I am investing 12000 /month and have a plan to invest next 5 years. May I continue these SIPs? Or is there any requirement to change? 1. Franklin india smaller cap fund-1000 2. HDFC hybrid equity fund -1000 3. HDFC mid cap opportunity fund -1000 4. ICICI prudential long term -1000 5. Invasco india Contra fund-1000 6. Kotak flexi cap regular growthfund -1000 7. Nippon india small cap fund growth -1500 8. SBI blue chip fund-2500 9. SBI megnum children benifit fund -2100

Ans: Hello Ashwani, I can see over diversification with your current investments with 12k sip amount. I would suggest you to consolidate your mf investments and reshuffle the portfolio.

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Question by Navdeep - Oct 13, 2022Hindi

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Sir, request your kind advice and guidance on this please. My age is 46 years and I am expecting corpus of Rs 1 Cr in 10 years. I have read your unbiased views on various queries from MF investment enthusiasts. Your feedback has been very impressive and really helps people like us. My heartfelt gratitude and thanks for the same. Sir, I have following mutual fund SIPs and I would seek your guidance on whether these are OK, or any course correction required. LUMP SUMP INVESTMENTS split as below. Aditya Birla Sun Life Focused Equity Fund - Gr in March 2022 value Rs 62434. Current value is Rs 59218 Axis Growth Opportunities Fund - Gr in March 2022 value Rs 62122. Current value is Rs 57015 Edelweiss Arbitrage Fund - Gr in April 2021 value Rs 45567. Current value is Rs 47660 L&T Arbitrage Opportunities Fund - Gr in July 2021 value Rs 65730. Current value is Rs 69077 Nippon India Arbitrage Fund - Gr in July 2021 value Rs 49595. Current value is Rs 51859 SIP: Total monthly SIP of Rs 25000, split as below: Axis Bluechip Fund - Gr, monthly investment Rs 2500 Axis Focused 25 Fund - Gr, monthly investment Rs 2000 Canara Robeco Flexi Cap Fund - Gr, monthly investment Rs 2000 Edelweiss Mid Cap Fund - Regular Gr, monthly investment Rs 5000 Invesco India Contra Fund - Gr monthly investment Rs 2000 Kotak Emerging Equity Fund - Gr, monthly investment Rs 2000 Kotak Flexicap Fund - Gr, monthly investment Rs 2500 L&T Midcap Fund - Gr, monthly investment Rs 5000 SBI Flexicap Fund - Gr, monthly investment Rs 2000 Total portfolio amount as on date is Rs 14 lakh.

Ans: Funds are good, please continue, don’t increase funds; if you need to top up, do in the existing schemes.

Hemant Bokil | Answer |Ask -Follow

Financial Planner - Answered on Mar 21, 2023

Question by Girish - Mar 19, 2023Hindi

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Hi, I am investing 25,500 as a SIP in following MF schemes since 2017. 1. Franklin India Focused Fund - 5000 2. HDFC Hybrid Eqt Dir-G - 4000 3. ICICI Pru Eqt & Debt Dir-G - 4000 4. Kotak Flexicap Dir-G - 2500 5. Mirae Asset Emrgng Bluechip Dir - 7500 6. Mirae Asset Large Cap Dir-G - 2500 Please advise if I need to make any adjustments. I want to increase investments by around 50,000, should I increase SIP on these schemes?

Ans: Hi too many funds will not serve purpose of diversification. My suggestion is remove Franklin hdfc hybrid kotak flexi cap and add parag parikh flexi cap and and uti nifty 59 index fund

Disclaimer - its suggested portfolio and I and my clients can have holdings in them

Sanjeev Govila | Answer |Ask -Follow

Financial Planner - Answered on Jul 23, 2023

Asked by Anonymous - Jun 16, 2023Hindi

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Hello Sir, I am investing the following in MF SIP's every month. 3000-Axis Small cap, 50000 - Canara Robeco Bluechip, 30000 - Canara Robeco Flexicap, Parag Parikh Flexicap - 30000, 10000 - Nippon Pharma, 5000-Kotak Emerging Equity, 30000 - PGIM Flexicap, 20000 - UTI Flexicap. Are these funds good for long term investment, 5-10 years. How much amount can I expect from this investment. Please advise. Thanks Sir !

Ans: Your portfolio is a mix of different category of mutual funds like large-cap, mid-cap, small-cap, and thematic funds which indicates you have well diversified your portfolio. Diversification can help reduce risk and improve the potential for returns.

Investment for long term in equity funds gives good return. We suggest you to stay invested for 5-10 years and you can expect 12-14% CAGR from your portfolio while in the short term you may see volatility as expected of equity investments.

However it is essential to keep reviewing your portfolio periodically and track the performance of particular mutual funds and make adjustments if required.

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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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