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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jun 09, 2021

Mutual Fund Expert... more

Question by Shyam on Jun 09, 2021Hindi

Money

I am holding following schemes. Shall I hold or change it for another 3 years.

DSP MID CAP FUND - REGULAR PLAN - GROWTH
ICICI PRUDENTIAL MNC FUND - REGULAR PLAN - GROWTH
Franklin India TAXSHIELD IDCW
HDFC TAXSAVER - REGULAR PLAN - IDCW
ICICI PRUDENTIAL LONG TERM EQUITY FUND - TAX SAVING - REGULAR PLAN - GROWTH
L and T TAX ADVANTAGE FUND GROWTH
SBI LONG TERM EQUITY FUND- REGULAR PLAN – GROWTH

Ans: 1 and 2 are good funds , rest are mostly in ELSS – ELSS can be consolidated in Axis Long Term Equity – Growth & Canara Rebaco Tax Saver - Growth

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 Aug 08, 2022

Question by Parminder - Aug 08, 2022Hindi

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I am 30 year old and currently investing 17k sip monthly in following fund and apart from this I put lump sum in this fund 15k 25k total whenever market corrects. Investment horizon 20 - 25 years. Planning for retirement @55 age. 1) Parag Parikh Flexi cap Rs 3k sip 2) HDFC corporate bond fund Rs 2k sip 3) ICICI pru saving fund Rs 2k sip 4) Axis mid cap Rs 2k sip 5) Axis bluechip Rs 1k sip 6) Quant absolute fund Rs 2k sip 7) Mirae asset emerging bluechip Rs 1k sip 8) Sbi small cap Rs 1k sip 9) Nippon India gold saving Rs 1k sip 10) Nippon India tax saver Rs 1k sip 11) Parag Parikh tax saver 1k sip Please suggest if I should make any changes or continue with same strategy.

Ans: Continue but with lesser funds; four to six funds are adequate for diversification purpose, after that it drags down the returns of the portfolio.

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Aug 08, 2022

Question by Parminder - Aug 08, 2022Hindi

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I am 30 year old and currently investing 17k sip monthly in following fund and apart from this I put lump sum in this fund 15k 25k total whenever market corrects. Investment horizon 20 - 25 years. Planning for retirement @55 age. 1) Parag Parikh Flexi cap Rs 3k sip 2) HDFC corporate bond fund Rs 2k sip 3) ICICI pru saving fund Rs 2k sip 4) Axis mid cap Rs 2k sip 5) Axis bluechip Rs 1k sip 6) Quant absolute fund Rs 2k sip 7) Mirae asset emerging bluechip Rs 1k sip 8) Sbi small cap Rs 1k sip 9) Nippon India gold saving Rs 1k sip 10) Nippon India tax saver Rs 1k sip 11) Parag Parikh tax saver 1k sip Please suggest if I should make any changes or continue with same strategy.

Ans: Continue but with lesser funds; four to six funds are adequate for diversification purpose, after that it drags down the returns of the portfolio.

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Aug 08, 2022

Question by Parminder - Aug 08, 2022Hindi

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I am 30 year old and currently investing 17k sip monthly in following fund and apart from this I put lump sum in this fund 15k 25k total whenever market corrects. Investment horizon 20 - 25 years. Planning for retirement @55 age. 1) Parag Parikh Flexi cap Rs 3k sip 2) HDFC corporate bond fund Rs 2k sip 3) ICICI pru saving fund Rs 2k sip 4) Axis mid cap Rs 2k sip 5) Axis bluechip Rs 1k sip 6) Quant absolute fund Rs 2k sip 7) Mirae asset emerging bluechip Rs 1k sip 8) Sbi small cap Rs 1k sip 9) Nippon India gold saving Rs 1k sip 10) Nippon India tax saver Rs 1k sip 11) Parag Parikh tax saver 1k sip Please suggest if I should make any changes or continue with same strategy.

Ans: Continue but with lesser funds; four to six funds are adequate for diversification purpose, after that it drags down the returns of the portfolio.

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Question by S - Jun 25, 2023Hindi

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I have invested in the following funds and require your advice on holding or Switching ----1) SBI Focused Equity fund Regular growth - 645 units @ Rs.227 purchased on 4th aug 2022,----2) SBI Blue Chip Fund Regular Growth - 822 units @ Rs.60.84 purchased on 4.8.22, ----3) SBI Multicap Fund Regular Plan Growth - 34953 units @ Rs.10.59 on 4.8.22,----4) HDFC Tax Saver Direct Plan Growth Option - One time Investment of Rs.40000/-on 9.3.20,----5) HDFC Developed World Indexes FundOf Fund - One time investment of RS.50000/- ON 21.10.21, ----6)HDFC Equity Savings Fund Direct Plan Growth--One time investment of Rs.70000/- on 21.10.21,----7) HDFC Nifty Next50Index Fund direct growth - One time investment of Rs.50000/- on 3.11.21

Ans: Hello, the selection of funds should have a goal attached to it. This investment style seems to be cluttered and not very definitive in terms of the goals it has. Do speak to an advisor / distributor in person for the same.

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Financial Planner - Answered on Feb 11, 2024

Asked by Anonymous - Jan 26, 2024Hindi

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Hi sir I am 33 year old and following are my investment portfolio Parag Parikh flexi cab fung(G) 3000 Parag Parikh Tax saver fund(G) 5500 Mirae Asset tax saver fund(G) 5000 Axis Mid cap fund(G) 3000 SBI small cap fund (G) 3000 HDFC children gift fund 2000 Deactive funds SBI bluechip fund Axis tax saver fund UTI flexicap fund Nippon tax saver fund Please let me know if I have to make dny changes in above funds? Should I redeem from Deactive fund and purchase new scheme? I want to invest for long term period.

Ans: Redeem deactivate funds and invest in the schemes where you have already invested

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Dating, Relationships Expert - Answered on May 16, 2024

Asked by Anonymous - May 10, 2024Hindi

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Hello Sir, it has been 4 years since I got married. I have two kids. My wife loves me a lot. One day, in a casual conversation, she told me about her past life before marriage. I too had physical relations with a friend. Since then, I have been in depression. What should I do? I am unable to understand. Should I separate or leave her. Although now she keeps crying that that was the past. Now I love you very much, but I am unable to understand what to do. Please guide us. I feel that my life has been ruined. I am unable to understand ????????

Ans: Dear Anonymous,

I am assuming that whatever your wife confessed happened before you met her. And assuming that I want to ask you, are you seriously mad at your partner for having a life before you even existed for her? Is that even something to be concerned about? Everyone has a past. If you did not, that's your choice. She did, that's hers. How can you judge her for something that happened before you two got married? This anger, no matter how real it feels, is quite baseless. You are ruining your peace and marriage for nothing.

And you say, "She is crying that that was her past," why does she have to cry? It was indeed in her past. It is entirely up to the person whether they want to disclose it or not. Past is supposed to be in the past. Have a clear discussion with your wife. If things don't seem to cool down, I recommend seeing a marriage counselor who can help sort this issue in a more structured way.

Best Wishes.

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Asked by Anonymous - May 16, 2024Hindi

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Dear LG, Please keep this anonymous. I have been married since 6 years. However, since past 5+ years we have not been intimate. We haave a 5&1/2 year kid. Since his birth we have had a lot of differences and his family interference was lot leaving me alone and wounded. I don't stay with my husband and in-laws since then. I had made up that work is worship. But 2 years back I met a colleague. He is 10 years younger to me and we have extremely similar vibes. We enjoy each other's company and cared a lot. Eventually i fell in love with him. But he always knew he wont be able to go against his family. We also had relationship. Now he has strated looking for girls and wants us to stop being intimate. He is saying he wants to be friends and not loose me but not have relationship. We both work together in same space and our area of work is also same. I am unable to forgive my husband and forget this person. He never goes away. He is always there telling that I want to see you happy. He needs me for professional development. And i am not able to loose our relationship. He says physical intimacy only I cant have remaining Im there. Then again says I don’t know when I will be there so I am unable to give assurance or promise. I am tormented with a child, work and my health is getting affected. Can you please help?

Ans: Dear Anonymous,

I am sorry that you are in such a tough spot. My advice would be to move on. Yes, I realize that it is easier said than done but let's put things into perspective- first, you have no future with this man, and he has made it clear. Are you okay to keep hanging on to him while he builds his own life? I am assuming no, especially since you have a child. Second, what about your self-respect? He is directly telling you that this relationship is headed toward a dead end. Do you believe you deserve to be with someone who does not want to settle down with you? I believe you deserve better.

I am not blaming him because he made no promises. You are not to be held guilty either because you were in a tough spot and you grabbed the first emotional support you found. But the current reality is that he wants out. And convincing him to stay is not an option. At this point, moving on with your head held high is the best decision. If you want to accept his friendship, that is completely fine. But if that's too much for you, you can always decline it. I understand that working in the same space with an ex is difficult, but as long as you avoid interacting outside of the office and keep things professional, there should not be an issue. On the emotional front, I won't lie, it will hurt for a while. But this too shall pass. I strongly recommend you not to value yourself so low that you stop believing that you deserve a person who loves you back as much as you love him.

Best Wishes.

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Ans: Your funds are good

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Dear All, I am 34 years old. I have 204 lakhs as savings out of with 110 lakhs is debt and 95 lakhs in equity majorly in Large Caps. I own a real estate which fetches me 30k every month. I have a EPF corpus of 28 lakhs and PPF of 15 lakh. I have 1 year old daughter. I am debt free with independent home and a package close to 35 lakhs. I want to know how do I further allocate the money. In Mutual Fund, Gold or SSY or continue to add equity and debt. I want to be Financially independent. Your view would be of great help.

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Ans: Your funds are good but you may not reach to your goal of 4 crores

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Dear Sir, I have revisited my investments and found that some of them are not performing well with respect to their peers in their categories. Can I know your opinion on below funds - HSBC Aggressive Hybrid Fund, Adity Birla Sun Life Focused Fund, Canara Robeco Emerging Equities, SBI bluechip Fund. Should I keep my money invested in them, or should I move the money to better funds.

Ans: What is your age

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Financial Planner - Answered on May 16, 2024

Asked by Anonymous - May 15, 2024Hindi

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Hello sir, I am 33 years old and started my SIP one month ago with ?4,200/month invested in the following funds: SBI Contra Direct Plan Growth, HDFC Mid Cap Opportunities Direct Plan, Tata Equity P/E Fund, Quant ELSS Tax Saver, ICICI Prudential Equity & Debt Fund, HDFC Small Cap Fund, and Nippon India Large & Small Cap Fund. Can this portfolio get me ?2 crore return after 20 years? Also have plans later can add parag flexi, and quant mid cap.

Ans: Your SIP is 4200/- ?

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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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