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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Dec 21, 2021

Mutual Fund Expert... more
Praveen Question by Praveen on Dec 21, 2021Hindi
Money

I have invested in the following for a long term tenure since the last three years; please review.

Also, is it enough for creating a corpus of Rs 1 crore in the next 10 years?

Mutual Funds Plan type Amount
Aditya Birla Sun Life Flexi Cap Fund Growth -- Direct Plan Rs 2,000 per month
SBI Blue Chip Fund Direct Plan -- Growth Rs 2,000 per month
Nippon India Small Cap Fund Direct -- Growth Rs 2,000 per month
Canara Robeco Emerging Equities Direct -- Growth Rs 2,000 per month
Axis Mid Cap Fund Direct -- Growth Rs 2,000 per month
UTI Nifty Index Fund Growth Option -- Direct Rs 2,000 per month
Motilal Oswal Nasdaq 100 ETF   Rs 2,000 per month
ICICI Regular Savings Fund (formerly ICICI Prudential MIP 25) Direct Plan -- Growth Lump sum Rs 50,000
SBI Equity Hybrid Fund (formerly SBI Magnum Balanced Fund) Direct Growth Lump sum Rs 1,00,000

Ans: To create a corpus of Rs 1 crore in 13 years, a SIP of Rs 25,000 will be required

 

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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Dear sir, This is Capt. Samir Kukreja. I have started investing 35k per month from this month in SIP format (monthly) 1) DSP-Global innovation FOF-Reg fund -G -3000 Sip 2)WHITEOAK flexi cap reg fund- 3000 SIP CANARA REBECCO-3000 SIP 3) HDFC Business fund- 200000 LUMPSUM(one time) 4)HDFC top 30 fund - 3000 SIP 5)Aditya Birla frontline equity fund - 3000 SIP 6)DSP small cap fund- 5000 7)HDFC small cap fund- 5000 8)Merai asset large cap fund-5000 9)ICICI prudential Blue chip fund-5000 All of the above are regular growth plans. Kindly advise as to what would be my corpus after 10-12 yrs from now
Ans: Captain Kukreja, your commitment to investing is commendable! Estimating the corpus after 10-12 years requires considering various factors like market performance, fund performance, and consistency of investments. However, with your diversified portfolio and regular investments, you're on the right track towards building a substantial corpus.

To get a more accurate estimate, consider the historical performance of your selected funds, the expected rate of return, and the compounding effect over time. Additionally, review your investment strategy periodically and make adjustments as needed to stay aligned with your financial goals.

Consulting with a Certified Financial Planner can provide personalized projections based on your investment portfolio and risk tolerance. They can help optimize your investment strategy to maximize returns and achieve your long-term financial objectives. Keep up the disciplined investing, and your efforts will likely yield significant results over time.

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Hi Vivek my name is Anand and Iam 48 yrs old. I am investing monthly 32165/- in the following funds. DAY AMT SCHEME 1 1000 SBI Small Cap Fund-Direct-Growth 2 1000 Kotak Emerging Equity Fund - Direct Plan - Growth 1000 DSP Midcap Fund-Direct-Growth 1000 Mirae Asset Large Cap Fund Direct Plan Growth 1000 BANDHAN Sterling Value Fund-Growth-(Direct Plan) 6 7 1000 SBI Small Cap Fund-Direct-Growth 8 9 1250 Kotak Emerging Equity Fund - Direct Plan - Growth 10 1250 Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth 11 1250 DSP Midcap Fund-Direct-Growth 12 1250 Mirae Asset Large Cap Fund Direct Plan Growth 13 1000 BANDHAN Sterling Value Fund-Growth-(Direct Plan) 14 15 1000 SBI Small Cap Fund-Direct-Growth 16 1250 Kotak Emerging Equity Fund - Direct Plan - Growth 17 1250 DSP Midcap Fund-Direct-Growth 18 1250 Mirae Asset Large Cap Fund Direct Plan Growth 19 1000 BANDHAN Sterling Value Fund-Growth-(Direct Plan) 20 1250 Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth 21 1000 SBI Small Cap Fund-Direct-Growth 22 23 24 1000 Kotak Emerging Equity Fund - Direct Plan - Growth 25 1000 DSP Midcap Fund-Direct-Growth 26 1000 SBI Small Cap Fund-Direct-Growth 27 1000 BANDHAN Sterling Value Fund-Growth-(Direct Plan) 28 1000 Mirae Asset Large Cap Fund Direct Plan Growth I am planning for next 10 years and how much corpus can I get after 10 years.
Ans: Anand! It's great to see your commitment to investing for the future. Planning for the next 10 years is a wise move, and with your regular investments in diversified mutual funds, you're on the right track to building a substantial corpus.

To estimate the potential corpus after 10 years, we need to consider several factors such as the expected average annual return rate of the funds, any additional contributions you may make, and the compounding effect of your investments over time.

Since you've invested in a mix of small-cap, mid-cap, large-cap, and value funds, it indicates a diversified approach aimed at optimizing returns while managing risk.

To provide a precise estimate, it's advisable to use a mutual fund calculator or consult a financial advisor. They can input the specific details of your investments, including the current value, expected returns, and future contributions, to forecast the potential corpus after 10 years.

Remember, while forecasting future returns is essential for planning, it's equally crucial to stay invested consistently, review your portfolio periodically, and make adjustments as needed to stay aligned with your financial goals and risk tolerance.

Keep up the disciplined approach to investing, and you'll likely see your investments grow significantly over the next decade.

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Sir...my age is 40..I have been making following investments (monthly) for Rs. 3000/- each since last one year. I wan to create a corpus of 1 cr ...how many years I need to invest.. Please review them All schemes are Direct Growth. 1.Icici technology 2.Axis blue chip 3.Aditya birla pharma and healthcare 4.Aditya birla nifty 150 midcap index 5.Sbi small cap 6.Sbi energy opportunities 7.SBI psu fund 8.Hdfc gold 9.Hdfc defence 10.Franklin Templeton us opportunities.. Rakesh, Mumbai
Ans: Reviewing Your Current Investments
Rakesh, you have been diligently investing Rs. 3,000 monthly in each of the following funds for the past year. Let's assess them.

Fund Categories and Assessment
Technology and Pharma Sector Funds
High Growth Potential: These sectors can offer high returns.
Volatility: They can be highly volatile.
Blue Chip and Midcap Funds
Stability and Growth: Blue chip funds provide stability, while midcap funds offer growth potential.
Balanced Risk: These funds balance risk and reward.
Small Cap and Energy Opportunities Funds
High Returns: Small cap funds can provide high returns.
Higher Risk: They come with higher risks.
Sector-Specific Risks: Energy sector funds are subject to market and sector-specific risks.
PSU and Defence Funds
Niche Investments: These funds focus on specific sectors.
Cyclic Performance: Their performance can be cyclical and subject to government policies.
Gold and International Funds
Diversification: Gold provides a hedge against inflation. International funds offer global exposure.
Currency Risk: International funds come with currency risk.
Disadvantages of Direct Funds
Direct funds might seem cost-effective but have certain drawbacks:

Lack of Guidance: Investors might miss expert advice.
Higher Risk: Without a certified financial planner, risks might be higher.
Benefits of Regular Funds
Investing through a certified financial planner provides these benefits:

Expert Advice: Ensures informed decisions.
Risk Management: Helps in balancing risk.
Personalized Strategy: Tailors investments to your needs.
Creating a Corpus of Rs. 1 Crore
To create a corpus of Rs. 1 crore, consistent investments and a well-diversified portfolio are essential. Here’s how you can approach it:

Step 1: Review and Rebalance
Assess Performance: Review the performance of each fund.
Rebalance Portfolio: Ensure a balanced mix of large-cap, mid-cap, and sector funds.
Step 2: Increase SIP Amount
Annual Step-Up: Increase your SIP amount annually to accelerate growth.
Focus on Growth Funds: Allocate more to high-growth potential funds.
Step 3: Stay Consistent
Long-Term Commitment: Stay invested for the long term to benefit from compounding.
Regular Monitoring: Monitor your portfolio with your certified financial planner.
Step 4: Diversify Further
Avoid Over-Concentration: Ensure your portfolio is not overly concentrated in one sector.
Include Hybrid Funds: Consider hybrid funds for a balanced risk-reward ratio.
Estimating the Investment Duration
Assuming an average annual return of 12%, you can achieve your goal with consistent investments. Here's a rough estimate of the duration required:

Initial Investment: Rs. 30,000 per month.
Estimated Duration: Approximately 15-20 years, considering market fluctuations and consistent returns.
Final Insights
Creating a corpus of Rs. 1 crore requires a well-planned and disciplined approach. Regularly review and rebalance your portfolio with the help of a certified financial planner. Ensure you diversify your investments and stay committed for the long term.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Can you please suggest on capital gains as per Indian taxation laws arising in the below two queries : 1) property purchased with joint ownership, me and my wife’s name in 2015 at a cost of 64,80,000, housing improvements done for the cost of 1000000 and brokerages of 200000 paid and sold the same property at 10000000 in Dec 2023? 2) 87% of the proceeds got from the deal i.e 8700000, have been reinvested to pay 25% amount in purchasing another joint ownership property in Dec 2023, 3) I have invested in another under construction property in Nov 2023 by taking housing loan, which is on me and my wife’s name worth 1.4 cr, here the primary applicant is me only while wife is just made a Co applicant in the builder buyer agreement and also on the housing loan . So what are the LTCG tax liabilities arising from the above 3 scenarios for FY 2023-2024 and FY 2024-2025. I intend to sale off the property acquired in (2) by Dec 2024 and use that proceeds to close the housing loan for the property acquired in (3), will this sale of property be inviting any tax liabilities if the complete proceeds received from the sale of the property in (2) would be utilised to close the housing loan taken in Nov 2023 for the property in (3) ? Since in FY 23-24, I would be claiming the LTCG from the sale proceeds of 1) invested in the purchase of property in 2), and I intend to sale off this property in Dec 2024, will the LTCG claim be forfeited on the property sale in (1), should I hold this property at least for further 1 year so that sale of this property in 2) will not invite STCG?
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You intend to Sell Property No.2, which was acquired in 2023-24. Any Gain on Sale of it would be Short Term capital Gains & taxed accordingly.
Alternatively, you may hold this sale of property no.2 (for 2 years from its purchase) & avoid STCG
You are free to utilize the sale proceeds in a way you like, including paying off your housing Loan.
Please note to avail exemption u/s 54 only from investment in property no.3 & not 2.
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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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