Home > Money > Question
Need Expert Advice?Our Gurus Can Help
Ulhas

Ulhas Joshi  | Answer  |Ask -

Mutual Fund Expert - Answered on Sep 08, 2023

With over 16 years of experience in the mutual fund industry, Ulhas Joshi has helped numerous clients choose the right funds and create wealth.
Prior to joining RankMF as CEO, he was vice president (sales) at IDBI Asset Management Ltd.
Joshi holds an MBA in marketing from Barkatullah University, Bhopal.... more
Hitesh Question by Hitesh on Jul 15, 2023Hindi
Listen
Money

Hello sir I have the following mutual funds portfolio Axis focused 25- 1000rs Canara robecco small cap- 1000rs Mirar asset large cap- 1000rs Nippon small cap- 1000rs Kotak small cap- 1000rs Kotak equity opportunities - 1000rs Kotal emerging equity - 1000rs Parag parik tax saver - 1000rs Parag parik flexi cap- 1000rs Which of these should i discontinue for long term?

Ans: Hello Hitesh and thanks for writing to me. I do not have any information about your investment time horizon, risk appetite and goals.

I see purely equity funds and assuming that your goal is wealth creation and that you can take risks, these funds are good funds to invest in and you can continue to own these funds.

If you state your objectives and your risk appetite, I may state other funds.
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.
Money

You may like to see similar questions and answers below

Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Sep 09, 2021

Money
We have made these investments in our family portfolio. We would like to continue to invest for 15 years but want to reduce the number of funds. Could you please suggest which ones we should stop and which ones we should keep investing in? Apart from Mirae Bluechip, the others are relatively new. Should we close or hold for three more years? Category Mutual Fund Invested Current Value Total Gain SIP Amount Large & Mid Cap Mirae Bluechip Rs 2,59,995 Rs 4,02,216 Rs 1,42,221 Rs 8,000 Aggressive Hybrid Mirae A Hybrid Equity Rs 52,997 Rs 56,757 Rs 3,760 Rs 1,000 Large Cap Axis Bluechip Rs 47,497 Rs 49,709 Rs 2,212 Rs 5,500 Contra Invesco India Contra Rs 29,998 Rs 32,419 Rs 2,421 Rs 1,000 Hybrid DSP Dynamic Asset Allocation Rs 26,998 Rs 27,800 Rs 802 Rs 500 Mid Cap Axis Midcap Rs 32,498 Rs 37,166 Rs 4,668 Rs 2,500 Aggressive Hybrid Canara Robeco Equity Hybrid Rs 30,998 Rs 33,796 Rs 2,798 Rs 2,000 Flexi Cap Parag Parikh Long Term Equity Rs 25,998 Rs 30,659 Rs 4,661 Rs 1,000 Equity-ESG Mirae ESG Fund of Fund Rs 25,998 Rs 27,430 Rs 1,432 Rs 2,000 Focused SBI Focused Equity Rs 17,500 Rs 19,890 Rs 2,390 Rs 500 Midcap DSP Midcap Rs 22,499 Rs 25,859 Rs 3,360 Rs 1,500 FoF Motilal Oswal Nasdaq Rs 34,998 Rs 36,164 Rs 1,166 Rs 5,000 Corporate Bond Kotak Corporate Rs 18,452 Rs 18,735 Rs 283 Rs 1,000 Small Cap SBI Small Cap  Rs 35,000 Rs 41,103 Rs 6,103 Rs 5,000 Value Quantum Long Term Equity  Rs 13,999 Rs 15,184 Rs 1,185 Rs 1,000 Equity ESG Quantum India ESG Equity  Rs 13,999 Rs 14,942 Rs 943 Rs 1,000 Flexi Cap Axis Flexi Cap Rs 11,999 Rs 12,643 Rs 644 Rs 500 Large Cap Aditya Birla Sun Life F Equity Rs 6,000 Rs 6,831 Rs 831 Rs 1,000 FoF Mirae Asset NYSE FANG+ ETF Rs 4,956 Rs 4,934 Rs -22  
Ans: There are too many funds in your portfolio. However, most of the funds are decent. You may continue for three years.

 

..Read more

Ramalingam

Ramalingam Kalirajan  |8259 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Listen
Money
Hello, I have the following Mutual Funds Investments, request you to let me know if these can be continued with or need to discontinue any of them, also please let me know new good performing funds to invest in. One time investment: (1) ICICI/ India Opportunities Fund - Growth - ?2,50,000, (2) ICICI/ Value Discovery Fund - Growth - ?2,50,000, (3) ICICI / Transporation & Logistics Fund - Growth - ?2,00,000. SIP Monthly: (4) Axis Flexi Cap Fund - Regular Plan - ?5,000, (5) Canara Robeco Emerging Equities - Regular Plan - ?5,000, (6) Aditya Birla SL Focused Equity Fund(G) - â‚15,000, (7) HDFC Mid-Cap Opportunities Fund(G) - ?5,000, (8) ICICI Pru Bluechip Fund(G) - ?5,000, (9) Axis Small Cap Fund - Regular Plan - ?5,000, (10) ICICI Prudential Technology Fund - Growth - ?5,000, (11) L&T Midcap Fund - HSBC Midcap Fund - ?5,000, (12) ICIPRU Multi-Asset Fund - Growth - ?5,000, (13) ICIPRU Value Discovery Fund - Growth - ?5,000. Thank You.
Ans: It's great to see your diversified portfolio of mutual funds. Let's review your current investments and suggest any adjustments needed to optimize your portfolio for better performance.
One-time Investments:
1. ICICI India Opportunities Fund - Growth: This fund focuses on Indian equity opportunities. Consider its performance and compare it with similar funds in the category. If it aligns with your investment goals, you can continue holding it.
2. ICICI Value Discovery Fund - Growth: This fund aims to identify undervalued stocks with the potential for growth. Review its performance and ensure it meets your expectations before deciding whether to continue or not.
3. ICICI Transportation & Logistics Fund - Growth: This sector-specific fund targets transportation and logistics companies. Assess its performance against relevant benchmarks and consider the outlook for the sector before making a decision.
SIP Monthly Investments:
4. Axis Flexi Cap Fund - Regular Plan: This fund offers flexibility across market caps. Review its performance and risk profile periodically to ensure it aligns with your investment strategy.
5. Canara Robeco Emerging Equities - Regular Plan: This fund focuses on emerging companies with growth potential. Monitor its performance relative to peers in the category and adjust your holdings accordingly.
6. Aditya Birla SL Focused Equity Fund(G): A focused fund concentrates on a limited number of high-conviction stocks. Review its performance and risk characteristics regularly to assess its suitability for your portfolio.
7. HDFC Mid-Cap Opportunities Fund(G): Mid-cap funds can offer higher growth potential but come with increased volatility. Evaluate its performance and risk metrics to determine if it aligns with your investment objectives.
8. ICICI Pru Bluechip Fund(G): Bluechip funds invest in large, well-established companies. Monitor its performance and consider its role in providing stability to your portfolio.
9. Axis Small Cap Fund - Regular Plan: Small-cap funds have the potential for significant growth but are more volatile. Assess its performance relative to benchmarks and consider your risk tolerance before making any changes.
10. ICICI Prudential Technology Fund - Growth: Sector-specific funds like technology can be volatile but offer growth opportunities. Review its performance and sector outlook periodically.
11. L&T Midcap Fund - HSBC Midcap Fund: Both funds focus on mid-cap companies. Evaluate their performance and risk characteristics to ensure they align with your investment strategy.
12. ICIPRU Multi-Asset Fund - Growth: Multi-asset funds provide diversification across asset classes. Review its performance and consider its role in balancing your portfolio.
13. ICIPRU Value Discovery Fund - Growth: This fund seeks undervalued stocks with growth potential. Monitor its performance and ensure it complements your overall investment strategy.
Consider consulting with a Certified Financial Planner to review your portfolio comprehensively and tailor it to your financial goals, risk tolerance, and investment horizon.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

..Read more

Latest Questions
Dr Dipankar

Dr Dipankar Dutta  |1147 Answers  |Ask -

Tech Careers and Skill Development Expert - Answered on Apr 18, 2025

Nayagam P

Nayagam P P  |4437 Answers  |Ask -

Career Counsellor - Answered on Apr 17, 2025

Listen
Career
MY SON JUST PASSED OUT CLASS X WITH JUST 76 %. HE IS INTERESTED IN CONTINUING SCIENCE AND MATH UPTO POST-GRADUATION. IS HE RIGHT?
Ans: Avijit Sir, To provide more specific guidance, it would be helpful to know how many marks your son scored in Mathematics and Science specifically, and what exactly has motivated his interest in pursuing these subjects up to graduation. Also, what are his long-term goals? Suggestion: Please arrange a Psychometric Test for him. It will offer a clearer picture of his aptitude, interests, and personality, helping to identify which career paths might align best with his strengths. Academic Preparedness:
Please note that Class XI Science—especially Physics and Mathematics—is highly conceptual and more rigorous than Class X. If he faced difficulties in these subjects earlier, it’s important to bridge that gap now through: A foundation course or Summer preparation by joining any Coaching Cenre Offline or online. Coaching can be helpful, but only if the motivation comes from within. Without genuine interest, coaching may lead to burnout. If he is aiming for competitive exams like JEE (IIT, NIT), NEET, or wants to explore pure sciences at institutes like IISc or IISER, it’s vital to develop a structured study routine early on. Maintain Career Flexibility. Even if he continues with Science and Math now, he can later explore interdisciplinary fields such as: Data Science | Finance | Architecture | Design Or even emerging tech fields Choosing Science now doesn’t limit him—it actually keeps more doors open for the future. All the Best for Your Son's Prosperous Future.

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

...Read more

Nayagam P

Nayagam P P  |4437 Answers  |Ask -

Career Counsellor - Answered on Apr 17, 2025

Listen
Career
I get 81.2 percentile in jee main session 1 can I get any nit?
Ans: Priyanshi, Here is, How to Predict Your Chances of Admission into NIT or IIIT or GFTI After JEE Main Results – A Step-by-Step Guide.

Providing precise admission chances for each student can be challenging. Some reputed educational websites offer ‘College Predictor’ tools where you can check possible college options based on your percentile, category, and preferences. However, for a more accurate understanding, here’s a simple yet effective 9-step method using JoSAA’s past-year opening and closing ranks. This approach gives you a fair estimate (though not 100% exact) of your admission chances based on the previous year’s data.

Step-by-Step Guide to Check Your Admission Chances Using JoSAA Data
Step 1: Collect Your Key Details
Before starting, note down the following details:

Your JEE Main percentile | Convert the Percentile to AIR, based on the Formula available in Google.
Your category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Preferred institute types (NIT, IIIT, GFTI)
Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If you are open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select Your Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories.
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.
Follow this approach for Other State candidates and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, preparation strategies, and engineering career options, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your admissions!

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

...Read more

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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x