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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Aug 03, 2022

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Question by Gurneet on Aug 03, 2022Hindi

Money

I have invested in the following mutual funds. I would like to continue for the next 7-8 years & this would be for my son’s higher education. I'm looking at the corpus of Rs 50 lakh.

SIP: Rs 25000 per month and additional lump sum whenever I can.

Canara Robaco Bluechip Fund - Rs 8000 per month and additional Lump sum - Rs 50,000

Parag Parikh Flexi Cap Fund - Rs 5000 per month and additional Lump sum of Rs 50,000

Mirae Asset Large Cap Fund - Rs 4000 per month and additional Lump sum - Rs 100,000

Axis Bluechip Fund - Rs 5000- per month and additional Lump sum - Rs 50,000

SBI Small Cap Fund - Rs 3000 per month

Axis Mid Cap Fund - Rs 50000 (Lump sum)

Axis growth Opportunities Fund - Rs 100,000 (Lump sum)

All these were started around 7-8 months back. Kindly advice on the above funds

Ans: Good funds, with 25K SIP a corpus of 40 lacs can be created in 8 years.

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 03, 2022

Question by Binayak - Aug 03, 2022Hindi

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I am 38 years old and a salaried person. Following are my current mutual fund investments. 1. SBI Blue Chip fund- Direct Growth. Monthly SIP of Rs 3000 2. Sundaram Large and Mid Cap fund- Direct Growth. Monthly SIP of Rs 3000 3. PGIM India Midcap Opportunity fund Direct Growth. Monthly SIP of Rs 3000 4. NIMF Small Cap Fund Direct Growth. Monthly SIP of Rs 3000 5. UTI MNC Fund Direct Growth. Monthly SIP of RS 3000 Started in 2019 with annual step up of 10%. I want to invest for another 15 years. Kindly suggest about the funds.

Ans: Nice funds; please continue no change required.

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Head, Rank MF - Answered on Aug 03, 2022

Question by Binayak - Aug 03, 2022Hindi

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I am 38 years old and a salaried person. Following are my current mutual fund investments. 1. SBI Blue Chip fund- Direct Growth. Monthly SIP of Rs 3000 2. Sundaram Large and Mid Cap fund- Direct Growth. Monthly SIP of Rs 3000 3. PGIM India Midcap Opportunity fund Direct Growth. Monthly SIP of Rs 3000 4. NIMF Small Cap Fund Direct Growth. Monthly SIP of Rs 3000 5. UTI MNC Fund Direct Growth. Monthly SIP of RS 3000 Started in 2019 with annual step up of 10%. I want to invest for another 15 years. Kindly suggest about the funds.

Ans: Nice funds; please continue no change required.

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Aug 03, 2022

Question by Binayak - Aug 03, 2022Hindi

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I am 38 years old and a salaried person. Following are my current mutual fund investments. 1. SBI Blue Chip fund- Direct Growth. Monthly SIP of Rs 3000 2. Sundaram Large and Mid Cap fund- Direct Growth. Monthly SIP of Rs 3000 3. PGIM India Midcap Opportunity fund Direct Growth. Monthly SIP of Rs 3000 4. NIMF Small Cap Fund Direct Growth. Monthly SIP of Rs 3000 5. UTI MNC Fund Direct Growth. Monthly SIP of RS 3000 Started in 2019 with annual step up of 10%. I want to invest for another 15 years. Kindly suggest about the funds.

Ans: Nice funds; please continue no change required.

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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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