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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Aug 04, 2020

Mutual Fund Expert... more
Sahil Question by Sahil on Aug 04, 2020Hindi
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I have invested in below mutual funds via SIP from Jan 2018 and will continue the investment for another 12-13 years.

I want to build a Retirement Corpus of 4 to 5 crores. 

My risk profile is Aggressive/Moderate and want a mix of Equity & Debt Funds.

My current portfolio is as follows: 

1) Aditya Birla Sunlife Focussed Equity Fund-Growth - 2000 per month 

2) L & T Midcap Fund Cumulative - 2000 per month 

3) Mirae Asset Large Cap Fund -Growth - 2000 per month 

4) SBI Magnum Multicap Fund - Growth - 2000 per month 

5) Sundaram Rural Consumption Fund Regular Growth - 2000 per month.

6) Axis Bluechip Fund G - Direct Plan - 2000 per month (This is only 5 Months Old SIP)

Please suggest if i want to increase the current SIP amount of 12000 per month to reach the goal & if the above portfolio needs to be tweaked to better funds. 

SIP of Rs. 12K can build a corpus of Rs. 60 lakhs only in 15 years …  for 4 to 5 crs , SIP amount needs to be Rs. 75000 to Rs. 100000

Ans:
Name of the Fund Category RankMF Star Rating Recommendations
Sahil Dhamija      
1) Aditya Birla Sunlife Focussed Equity Fund-Growth - 2000 per month  Equity - Focused Fund 3 switch to Axis Focused 25 Fund  - Growth
2) L & T Midcap Fund Cumulative - 2000 per month  Equity - Mid Cap Fund 3 Switch to - Dsp Midcap Fund - Growth
3) Mirae Asset Large Cap Fund -Growth - 2000 per month  Equity - Large Cap Fund 4 Continue
4) SBI Magnum Multicap Fund - Growth - 2000 per month  Equity - Multi Cap Fund 3 Switch to UTI Equity fund  - Growth
5) Sundaram Rural Consumption Fund Regular Growth - 2000 per month. Equity - Thematic Fund - Other 2 switch to Axis ESG Fund  - Growth
6) Axis Bluechip Fund G - Direct Plan - 2000 per month Equity - Large Cap Fund 3 Switch to UTI MasterShare - 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

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Dec 07, 2022

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I am a working class man and have started SIP in following funds from the last 6 months. Can invest till my retirement i.e. for the next 23 years period. My total monthly SIP is of Rs 22,000, I can increase Rs 500 in each fund (i.e. 15% step up) every year based on my salary. For the next 13-15 years I can take high risk out of 23 years. My other investments are PF (21600(employer) + 21600(employee)) yearly and can start Rs 50,000 yearly in NPS for tax saving. Looking for a combined corpus of 8-10 crore till retirement for my child's education (1 year old) and for my retirement savings, Can I achieve this with my SIP and other investments? Kindly guide /provide your expert opinion whether any of my funds are overlapping or needs to be discontinued or any new funds needs to be added to meet my target corpus. Funds: 1. Mirae Asset Global Electric & Autonomous Vehicles ETFs FundofFund (Direct Growth) - Rs 1,000 -Active 2. canara Robeco Bluechip Equity Fund (Direct Growth-Large Cap) - Rs 3,000 -Active 3. ICICI Prudential US Bluechip Equity Fund (Direct Growth-Sectoral/Thematic) - Rs 3,000 -Active 4. PGIM India Flexi Cap Fund (Direct Growth) - Rs 3,000 -Active 5. PGIM India MidCap Opportunities Fund (Direct Growth) - Rs 3,000 -Active 6. Quant Active Fund (Direct Growth-Multicap) - Rs 3,000 -Active 7. Quant Small Cap Fund (Direct Growth) - Rs 3,000 -Active 8. Quant Tax Plan (Direct Growth-ELSS) - Rs 3,000 -Active 9. Axis Long Term Equity Fund (Direct Growth-ELSS) - Rs 3,000 -Paused 
Ans: Funds are fine, with a monthly investment of 22000 with an annual step up of 15% the corpus that can be created is Rs 10 -12 cr in 23 years.

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Ramalingam

Ramalingam Kalirajan  |6986 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 24, 2024

Asked by Anonymous - May 24, 2024Hindi
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Greetings Sir, I'm 29 yrs old and have started my investment journey with the purpose of wealth generation for furthering my prospective business interests in future. Please review my portfolio -- all are direct-growth funds-- SIP's per month 1. Hdfc balanced advantage 10000 2. Quant multi asset 9000 3. JM flexicap fund 7500 4. Invesco india midcap. 1000 5. Quant midcap 1500 6. Kotak emerging equity fund 1000 7. Axis small cap 1000 8. Tata small cap 2500 Above total Sip is 30% of my monthly income in hand . And I wish to increase the sip annually with increase in my savings and salary. Please give your expert guidance on time horizon, change in sip amounts and/or funds for creating a corpus of 1 cr. Thank you... :-)
Ans: Comprehensive Review and Guidance for Your Investment Portfolio
Greetings! Your proactive approach towards investing for future business interests is commendable. Let's dive into your portfolio and strategies for achieving your goal of creating a corpus of Rs. 1 crore.

Portfolio Overview and Analysis
Your current SIP investments are well-diversified. Here's a breakdown:

HDFC Balanced Advantage Fund: Rs. 10,000
Quant Multi Asset Fund: Rs. 9,000
JM Flexicap Fund: Rs. 7,500
Invesco India Midcap Fund: Rs. 1,000
Quant Midcap Fund: Rs. 1,500
Kotak Emerging Equity Fund: Rs. 1,000
Axis Small Cap Fund: Rs. 1,000
Tata Small Cap Fund: Rs. 2,500
Total monthly SIP: Rs. 33,500 (30% of your monthly income).

Commendable Aspects
Your commitment to investing 30% of your income is admirable.

Diversification across various fund categories shows strategic thinking.

Investing in growth funds aligns with your wealth generation goal.

Time Horizon for Wealth Generation
To create a corpus of Rs. 1 crore, you need a long-term perspective.

Assuming an average annual return of 12-15%, it may take around 10-12 years to reach your goal.

Regularly increasing your SIP amount will shorten this timeline.

Reviewing and Adjusting Your Portfolio
Balanced Advantage and Multi Asset Funds
Balanced Advantage and Multi Asset funds offer stability with growth potential.

They balance equity and debt exposure, reducing risk.

Flexicap Fund
Flexicap funds provide flexibility to invest across market capitalizations.

This diversification enhances growth potential.

Midcap and Small Cap Funds
Midcap and Small Cap funds are high-risk, high-reward investments.

They are suitable for long-term wealth creation but require regular monitoring.

SIP Amounts and Fund Allocation
Consider increasing SIP amounts annually with salary increments.

Review fund performance annually and adjust investments accordingly.

Focus on funds with consistent performance and strong management.

Direct Funds vs. Regular Funds
Disadvantages of Direct Funds
Direct funds require regular monitoring and deeper market knowledge.

You may miss out on professional advice and guidance.

Benefits of Regular Funds through MFD with CFP Credential
Investing through an MFD with CFP credential offers professional management.

They provide insights and adjustments based on market conditions.

This ensures better alignment with your financial goals.

Steps to Enhance Your Portfolio
Increase SIP Contributions
With salary hikes, increase SIP contributions proportionally.

This accelerates your corpus accumulation.

Monitor and Review
Regularly review your portfolio performance.

Adjust investments based on fund performance and market conditions.

Diversify Wisely
Ensure your portfolio remains diversified across different fund categories.

Avoid over-concentration in high-risk funds.

Professional Guidance
Consider consulting a Certified Financial Planner (CFP).

A CFP can provide tailored advice and strategies for your goals.

Creating a Financial Roadmap
Set Clear Milestones
Break down your Rs. 1 crore goal into smaller, achievable milestones.

Celebrate progress at each milestone to stay motivated.

Emergency Fund
Maintain an emergency fund to cover unexpected expenses.

This ensures your investments remain untouched during emergencies.

Insurance Coverage
Ensure adequate health and life insurance coverage.

This protects your financial plan from unforeseen events.

Tax Planning
Invest in tax-saving instruments to optimize your returns.

Ensure your investment strategy is tax-efficient.

Continuous Learning
Stay informed about market trends and investment strategies.

This knowledge helps you make informed decisions.

Conclusion
Your dedication to systematic investing is impressive.

By increasing your SIP contributions, monitoring performance, and seeking professional guidance, you can achieve your Rs. 1 crore goal.

Stay disciplined and focused on your long-term vision.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Help me!!! 1.I'm starting new "work" on my own(challenging for me) but my mind says quit it, be quite & do nothing. I myself don't know that wether the result of work will be +ive or uncompleted like alws. 2. My mind has become like order seeker type, when someone orders me, I do those things with dedicated(but sad from inside) manner. But when myself will try something different(which i fear, but necessary) then. "I QUITS IT" & sometimes I don't even start. 3. I'm like stuck no clue what/whom I want to do in life, I'm in cllg(1 yr) doing (CSE) ,. 4. I want to do/try (sports,talking girls,study,stocks,coding..) many things, but myself, my thoughts(overthinker), R like just be in the place where u are[confused,po*n,think about past/future(being billio..re,olympics..), girl (that u liked & never talked), abusive/beating self,.. sometimes feels like end life, but don't hv courage for that also.. 5. I tried self help books, spirituality, god, self affirmation, writing... & thay affected me(sometimes) but for only some time, then again that devil me comes up &these things never get completed. As no one in my family knows about all these, so that's Y ,I hv to fight/loose/try again, the battles with myself.
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If in the past you have had the urge to QUIT, how is this time going to be different? This is not to discourage you from taking up 'new work' but pointing out that there is some amount of work that you need to put to clear the mind out of blockages.
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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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