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Vivek Lala |162 Answers |Ask -Follow

Tax, MF Expert - Answered on Sep 23, 2023

Question by S on Jun 25, 2023Translate

Money

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.

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 Jun 10, 2022

Question by Pranabananda - Jun 10, 2022Translate

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I am 48. Sir I have SIP in the following funds. Please let me know if I should continue or need to do any change in my investment. 1) ADITYA BIRLA SUN LIFE FRONTLINE EQUITY FUND-GROWTH Rs.1000 13.06.2016 (date) 2) DSP MID CAP FUND--GROWTH Rs.3000 12.06.2017 3) HDFC MID CAP OPPORTUNITIES FUND-GROWTH Rs.2000 20.12.2016 4) ICICI PRUDENTIAL VALUE DISCOVERY FUND-GROWTH Rs.1000 14.06.2016 5) MIRAE ASSET EMERGING BLUECHIP FUND-GROWTH Rs.1000 14.06.2016 6) MIRAE ASSET TAX SAVER FUND-GROWTH Rs.2000 19.12.2016 7) HDFC CHILDRENS GIFT FUND-GROWTH Rs.1000 13.06.2016 8) AXIS FLEXI CAP FUND-GROWTH Rs.3000 02.06.2021 9) MIRAE ASSET HYBRID-EQUITY FUND-GROWTH Rs.1500 02.06.2021 10) MIRAE ASSET MIDCAP FUND-GROWTH Rs.3000 05.07.2021 11) NIPPON INDIA SMALL CAP FUND -GROWTH Rs.1000 26.12.2017 Sir I have invested lump sum amount in the following funds. Please suggest whether to continue or exit. 1) ADITYA BIRLA SUN LIFE BANKING AND FINANCIAL Rs.50,000 22.08.2016 (date) Rs.79,647 (present value) SERVICES FUND-GROWTH 2) ADITYA BIRLA SUN LIFE FRONTLINE EQUITY Rs.50,000 22.08.2016 Rs.87,455 FUND-GROWTH 3) ADITYA BIRLA SUN LIFE SMALL CAP FUND-GROWTH Rs.100,000 29.06.2017 Rs.132,490 4) HDFC HYBRID EQUITY FUND-GROWTH Rs.120,273 01.06.2018 Rs.178,746 5) ICICI PRUDENTIAL BLUECHIP FUND-RETAIL-GROWTH Rs.20,042 22.02.2018 Rs.31,422 6) L&T INDIA VALUE FUND-GROWTH Rs.25,000 22.08.2016 Rs.48,505 7) L&T INDIA VALUE FUND-GROWTH Rs.150,000 17.04.2017 Rs.245,565 8) MIRAE ASSET TAX SAVER FUND-GROWTH Rs.25,000 22.08.2016 Rs.61,878 9) MIRAE ASSET TAX SAVER FUND-GROWTH Rs.105,000 28.04.2017 Rs.216,372 10) ADITYA BIRLA SUN LIFE PURE VALUE FUND-GROWTH Rs.50,000 06.11.2018 Rs.65,281 11) ADITYA BIRLA SUN LIFE TAX RELIEF 96-GROWTH Rs.100,000 06.11.2018 Rs.128,895 12) L&T EMERGING BUSINESS FUND-GROWTH Rs.100,000 13.12.2017 Rs.155,097 13) MIRAE ASSET BANKING & FINANCIAL Rs.264,987 16.12.2020(STP) Rs.273,346 SERVICES FUND-GROWTH 14) MIRAE ASSET BANKING & FINANCIAL Rs.50,000 23.11.2021 Rs.44,129 SERVICES FUND-GROWTH 15) MIRAE ASSET GREAT CONSUMER FUND-GROWTH Rs.180,000 13.12.2017 Rs.284,600 16) MIRAE HEALTHCARE FUND-GROWTH Rs.200,000 09.11.2018 Rs.401,429 17) MIRAE ASSET MIDCAP FUND-GROWTH Rs.235,462 9.12.2020(STP) Rs.280,601 18) NIPPON INDIA SMALL CAP FUND-GROWTH Rs.100,000 12.12.2017 Rs.178,693 19) TATA FLEXI CAP FUND-GROWTH Rs.100,000 09.11.2018 Rs.149,127 20) TATA INDIA CONSUMER FUND-PLAN A-GROWTH Rs.100,000 09.11.2018 Rs.141,382 21) UTI SMALL CAP FUND-GROWTH Rs.100,523 22.12.2020(STP) Rs.137,025

Ans: Too many funds, please consolidate it in 4 to 5 funds

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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Dec 20, 2019

Question by Somnath - Dec 20, 2019Translate

Money

I am investing Rs 1000 in each of these mutual funds shown in the table below for last three years. Suggest whether to continue or change and if changes required which fund to invest. These are my mutual funds: Name of the Fund Category RankMF Star Rating Invesco India Contra Fund Growth Equity - Contra Fund 4 Canara Robeco Emerging Equities Regular Dividend Dividend Payout Equity - Large & Midcap Fund 2 Dividend Reinvestment Equity - Large & Midcap Fund 3 ICICI Prudential Bluechip Fund Growth Equity - Large Cap Fund 3 Mirae Asset Large Cap Fund Growth Plan Equity - Large Cap Fund 4 SBI Blue Chip Fund Regular Plan Growth Equity - Large Cap Fund 3 Axis Blue Chip Fund Growth Equity - Large Cap Fund 4 HDFC Top 100 Fund Regular Plan - In hold now Equity - Large Cap Fund 4 Mirae Asset India Equity Fund Dividend Plan - In hold now Equity - Large Cap Fund 3 L & T Infrastructure Fund Growth- In hold now Equity - Sectoral Fund - Infrastructure 2

Large and Midcaps:

Axis Growth Opportunities Fund – Growth
Tata Large and Midcap Fund - Growth

Large Caps:

LIC MF Large Cap Fund – Growth
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Mutual Fund Expert - Answered on Mar 28, 2023

Question by avinash - Mar 17, 2023Translate

Money

hello sir, i am investing in following mutual funds from last one year with following SIP's with a goal of 3 Cr in next fifteen years: please advice me whether to change or continue with same funds: 1. Axis small cap fund (direct-G)- Rs.10000 monthly; 2. Canara Robecco Bluechip equity fund (direct-G)- Rs.6000 monthly; 3. PGIM midcap opportunities fund-(direct-G)- Rs.10000 monthly; 4. SBI multicap fund (direct-G)- Rs.5000 monthly; 6. Sundaram flexicap (direct-G)- Rs.2000 monthly;

Ans: Hello Avinash. Thank you for writing to me. You can continue to invest these funds.

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Vivek Lala |162 Answers |Ask -Follow

Tax, MF Expert - Answered on Jun 04, 2023

Question by S - Apr 14, 2023Translate

Money

Against my investment , please give suggestion to hold or shift1.HDFC tax saver Direct plan Growth option -Rs.40000/-(Date of Investment 9.3.20) 2. HDFC Developed World IndexesnFund of Fund direct growth -Rs.50000/-(Dt.of Investment21.10.21) 3. HDFC Eqity Savings Fund Direct Plan Growth Option -Rs.70000/-(Dt.of Investment 21.10.21) 4.HDFC Nifty Next50 Index fund direct gowth-Rs.50000/-(Dt.of Investment 3.11.21)

Ans: Hello, if your time horizon is 7-10yrs plus , you can consolidate these funds into mid cap , small cap and large and mid cap compared to the category of funds you are holding.

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Question by Arjun - Jun 11, 2023Translate

Money

Sir i have investment in SBI Blue chip fund, SBI Large & Midcap fund and Invesco Infrastructure fund can i continue or switch Suggest any best Equity fund in Mutual fund for 2 yrs time..

Ans: SBI Blue chip fund invests in large-cap (top 100 companies) stocks and it is known for investing in well-established companies with stable growth potential. The performance of the fund is at par and the fundamentals of the fund are also good. Consider continuing with the fund

SBI Large & Midcap fund invests in both large-cap and mid-cap stocks. Mid-cap stocks generally have higher growth potential but may also be subject to increased volatility. If you have a higher risk tolerance and believe in the growth prospects of mid-cap companies, you might consider continuing with this investment. However, please be aware that mid-cap funds can be more volatile than large-cap funds.

Invesco Infrastructure fund works on a specific theme which focuses on investing in infrastructure-related companies and it is suitable for investors with a higher risk appetite and a long-term investment horizon. If you have a high-risk tolerance and a positive outlook on the infrastructure sector, you may consider continuing with this investment.

Coming to your query regarding an equity-oriented fund for two year time horizon. We do not recommend to investment in pure equity funds if your investment horizon is of less than 3 years. As the equity markets are volatile, every fund requires at least a 3 years’ horizon to stabilize in the portfolio. However, if you still wish to invest you can go for a hybrid fund or index fund.

Disclaimer:
• I have just no idea about your age, future financial goals, your risk profile, other investments and whether you would have the nerves to not get unduly perturbed if stock markets go temporarily down.
• Hence, please note that I am answering your question in absolute isolation to other parameters which should definitely be considered when answering a question of this type.
• I recommend you to also consult a good financial advisor who would look at your complete profile in totality before you act on this advice given by me.

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Hello Samraat ji, I request you to guide me on the following stocks. Awl - 161 @ 490 IEX - 250 @ 190 Motherson - 119 @ 112 Panaceabio - 43 @ 294 Amrutanjan - 50 @ 729 Bororenew - 87 @ 500 Sail - 170 @ 106 Vedl - 160 @ 277 Happiestminds - 50 @ 987 Wipro - 200 @ 471 Campus - 100 @ 315 Bodalchem - 100 @ 85 Sbi card - 29 @ 820 I want to get rid of bad stocks and declutter my portfolio. Please help. Thank you.

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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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