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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Sep 14, 2020

Mutual Fund Expert... more
Sivakumar Question by Sivakumar on Sep 14, 2020Hindi
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I have invested in the below funds via SIP. Need guidance if I can continue or should I switch

Lumpsum
SBI Magnum Global Fund (D)
HDFC Midcap Opportunities - Regular plan (G)
SBI Gold fund - Regular plan
SBI Focussed Equity Fund - Regular plan (G)
Franklin India Equity Fund (G)
SIP
ICICI Prudential Bluechip Fund (G)
HDFC Capital Builder Value fund - Regular plan (G)
Principal Multi cap Growth fund - Regular plan
HDFC Capital Builder value fund (G)
HDFC Midcap opportunities - Regular plan (G)
SBI Magnum Gilt Fund regular growth
L&T Midcap fund cumulative
ICICI Prudential Regular Savings fund (G)
MIRAE Asset Emerging Blue chip fund – Regular plan (G)
Axis Bluechip Fund – Regular plan (G)

Ans:
Name of the Fund Category Recommendations
Sivakumar    
SBI Magnum Global Fund (D) Equity - Thematic Fund - MNC  Continue
HDFC Midcap Opportunities - Regular plan (G) Equity - Mid Cap Fund Continue
SBI Gold fund - Regular plan FoFs (Domestic / Overseas ) - Gold Continue
SBI Focussed Equity Fund - Regular plan (G) Equity - Focused Fund Continue
Franklin India Equity Fund (G) Equity - Multi Cap Fund SmartSwitch to UTI Equity Fund - Growth
ICICI Prudential Bluechip Fund (G) Equity - Large Cap Fund  SmartSwitch to Axis Bluechip fund -Growth
HDFC Capital Builder Value fund - Regular plan (G) Equity - Value Fund  SmartSwitch to UTI Value Fund
Principal Multi cap Growth fund - Regular plan Equity - Multi Cap Fund  SmartSwitch to UTI Equity Fund - Growth
HDFC Capital Builder value fund (G) Equity - Value Fund  SmartSwitch to UTI Value Fund
HDFC Midcap opportunities - Regular plan (G) Equity - Mid Cap Fund Continue
SBI Magnum Gilt Fund regular growth Debt - Gilt Fund Continue
L&T Midcap fund cumulative Equity - Mid Cap Fund SmartSwitch to DSP Mid Cap
ICICI Prudential Regular Savings fund (G) Hybrid - Conservative Hybrid Fund Continue
MIRAE Asset Emerging Blue chip fund – Regular plan (G) Equity - Large & Mid Cap Fund Continue
Axis Bluechip Fund – Regular plan (G) Equity - Large Cap Fund Continue
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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I am investing in following funds through SIP 1. HDFC top 200 Regular Growth since 2010 Rs. 3000 2. ICICI PRUDENTIAL LARGE & MIDCAP FUND GROWTH SINCE 2014 Rs. 2000 3. BANDHAN FLEXICAP FUND-GROWTH SINCE 2011 Rs. 2000 4. BSL FRONTLINE EQUITY FUND - GROWTH SINCE 2010 Rs. 3000 (STOPPED SIP IN 2020) 5. MIRAE ASSET BLUECHIP FUND - GROWTH SINCE 2021 Rs. 2500 6. HDFC FLEXI CAP - GROWTH SINCE 2022 Rs. 5500 PLEASE ADVICE ME WHETHER I SHOULD CONTINUE WITH THESE FUNDS OR EXIT. I FURTHER WANT TO INVEST Rs. 15000 MORE. PLEASE SUGGEST WHETHER I SHOULD INCREASE SIP AMOUNT IN THESE FUNDS OR START SIP IN NEW FUND
Ans: Assessing Your Mutual Fund Investments and Planning for the Future

Your portfolio demonstrates a disciplined approach to mutual fund investing over the years. Let's evaluate your current holdings and chart a course for future investments.

Analyzing Existing SIPs

HDFC Top 200, ICICI Prudential Large & Midcap, and Bandhan Flexicap Funds have been part of your investment journey for several years. These funds offer exposure to different market segments, providing diversification benefits.

BSL Frontline Equity Fund, while stopped in 2020, has a long track record of performance. It's essential to review the reasons for discontinuing this SIP and assess whether it aligns with your current investment strategy.

Mirae Asset Bluechip Fund and HDFC Flexi Cap Fund, initiated more recently, contribute to diversification and may offer growth potential.

Evaluating Performance and Suitability

Review the performance of each fund relative to its benchmark and peer group. Assess whether the fund manager's investment approach and strategy align with your risk tolerance and investment objectives.

Consider the consistency of returns, risk-adjusted performance, and fund management quality. Additionally, evaluate the fund's expense ratio and turnover ratio to ensure cost-effectiveness.

Deciding Whether to Continue or Exit

Continue SIPs in funds with consistent performance, robust fundamentals, and alignment with your investment goals.

Consider exiting funds that consistently underperform their benchmarks or peers, have experienced significant changes in fund management, or deviate from your risk profile.

Planning Additional Investments

Given your intention to invest an additional Rs. 15,000, consider the following options:

Increase SIP amounts in existing funds with proven track records and growth potential. This approach maintains continuity and capitalizes on the strengths of your current portfolio.

Explore new funds that complement your existing holdings and provide exposure to underrepresented sectors or asset classes. Conduct thorough research and seek professional advice to identify suitable options.

Seeking Professional Guidance

As a Certified Financial Planner, I recommend conducting a comprehensive portfolio review to ensure alignment with your financial goals and risk tolerance. Regular monitoring and periodic adjustments are essential to optimize your investment outcomes.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7968 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 16, 2024

Asked by Anonymous - May 09, 2024Hindi
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I have SIP in following funds since one year, should I continue or switch: 1. SBI PSU fund - 3000 2. SBI Healthcare Opportunities Fund - 3000 3. SBI Contra Fund - 5000 4. Quant Small Cap Fund - 4000 5. Quant Mid Cap Fund - 2000 6. Nippon India Small Cap Fund - 4000 Should I continue or switch - please advise.
Ans: Evaluating Your Investment Portfolio: Should You Continue or Switch?
Understanding Your Current Portfolio
Your current investment portfolio consists of a mix of actively managed mutual funds across various categories. Let's delve into each fund and evaluate its performance and potential.

Assessing Fund Performance
SBI PSU Fund: This fund invests primarily in stocks of public sector undertakings. Over the past year, its performance may have been affected by market conditions and the performance of PSU stocks.
SBI Healthcare Opportunities Fund: Focused on the healthcare sector, this fund may have seen fluctuations due to sector-specific factors and market dynamics.
SBI Contra Fund: As a contrarian fund, it aims to invest in undervalued stocks. Its performance depends on the fund manager's ability to identify such opportunities.
Quant Small Cap Fund & Quant Mid Cap Fund: These funds target small and mid-cap stocks, which can be volatile but offer growth potential.
Nippon India Small Cap Fund: Similar to the Quant funds, this one focuses on small-cap stocks, which carry higher risk but can deliver higher returns over the long term.
Considering Switching Options
Switching investments should be driven by changes in your financial goals, risk tolerance, and the performance of your current funds. Here are some considerations:

Performance Comparison: Evaluate the performance of your funds against their benchmarks and peers. Consistent underperformance might warrant a switch.
Diversification: Assess the diversification of your portfolio across sectors and market caps. Switching may be considered to achieve better diversification.
Expense Ratio: Actively managed funds typically have higher expense ratios compared to index funds. However, they may offer the potential for outperformance, which needs to be weighed against the higher costs.
Decision Making
Review Your Goals: Reflect on your financial goals and investment horizon. Ensure that your investment choices align with your objectives.
Risk Tolerance: Consider your risk tolerance and whether you are comfortable with the volatility associated with certain sectors or market segments.
Consultation: Seek advice from a Certified Financial Planner (CFP) who can provide personalized guidance based on your individual circumstances.
Conclusion
In conclusion, the decision to continue or switch your investments depends on various factors including performance, diversification, and alignment with your financial goals. A thorough evaluation of each fund's performance and your investment objectives is crucial in making an informed decision.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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