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Ramalingam

Ramalingam Kalirajan  |3763 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 26, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Gaurav Question by Gaurav on Oct 18, 2023Hindi
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I am investing 25k per month in MF - Baroda BNP Paribas Multi Cap Fund, Canara Rbeco Bluechip Equity fund GR,CANARA ROBECO SMALL CAP FUND REGULAR - GROWTH and Mirae Asset Large Cap Fund -Growth. 5000 each per month. Can you suggest any new MF where I can invest in addition to above and what are the future of above 4 MF?

Ans: Expanding Mutual Fund Portfolio and Evaluating Current Investments

As you seek to diversify your mutual fund portfolio beyond your current investments, it's essential to assess the future prospects of your existing funds and identify potential new additions.

Analyzing Current Investments

Before exploring new mutual fund options, let's evaluate the future prospects of the four funds you're currently investing in:

1. Baroda BNP Paribas Multi Cap Fund

This fund invests across large-cap, mid-cap, and small-cap stocks, offering diversification across market segments. Its future performance depends on the fund manager's ability to identify lucrative investment opportunities across market capitalizations.

2. Canara Robeco Bluechip Equity Fund

Aiming for capital appreciation through investments in large-cap stocks, this fund's future hinges on the performance of blue-chip companies in the equity market. It's crucial to monitor the fund's consistency in delivering returns over time.

3. Canara Robeco Small Cap Fund

With a focus on small-cap stocks, this fund seeks to generate high growth potential. Its future performance relies on the fund manager's skill in selecting promising small-cap companies poised for growth in the market.

4. Mirae Asset Large Cap Fund

Investing predominantly in large-cap stocks, this fund aims for stable returns and capital appreciation. Its future depends on the fund manager's ability to capitalize on opportunities within the large-cap segment of the market.

Identifying New Mutual Fund Options

To complement your existing investments and enhance portfolio diversification, consider adding mutual funds from different categories and sectors. Here are some suggestions:

1. Sectoral or Thematic Funds

Investing in sectoral or thematic funds can provide exposure to specific industries or themes with growth potential. However, it's essential to diversify across sectors to mitigate concentration risk.

2. Mid-Cap or Small-Cap Funds

Adding mid-cap or small-cap funds to your portfolio can enhance growth potential by tapping into opportunities in these segments of the market. However, these funds come with higher volatility and risk, so it's crucial to assess your risk tolerance.

3. International Funds

Investing in international funds allows you to diversify geographically and gain exposure to global markets. Consider funds that focus on developed or emerging markets based on your risk appetite and investment objectives.

4. Hybrid or Balanced Funds

Hybrid or balanced funds invest in a mix of equities and debt instruments, offering a balanced risk-return profile. Adding such funds can provide stability to your portfolio while maintaining growth potential.

Recommendations and Future Outlook

As a Certified Financial Planner, I recommend conducting thorough research and consulting with a professional to select mutual funds aligned with your financial goals, risk tolerance, and investment horizon.

Regularly review your portfolio to ensure it remains diversified and aligned with your objectives. Keep abreast of market trends and fund performance to make informed decisions regarding portfolio rebalancing or reallocation.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
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’m 43 year old working profession, and invest 50,500 per month in MF’s via SIP. I have been investing in MF’s on monthly basis for the past ~5 years. My portfolio consist of following funds - 1) Axis Mid Cap Fund - Regular Growth 2) Canara Robeco Small Cap Fund - Regular Growth 3) Franklin India Focused Equity Fund - Growth 4) HDFC Balanced Advantage Fund - Direct Plan - Growth Option 5) HDFC Mid-Cap Opportunities Fund - Direct Plan - Growth Option 6) HDFC Small Cap Fund - Direct Growth Plan 7) ICICI Prudential Multi-Asset Fund - Growth 8) ICICI Prudential Value Discovery Fund - Growth 9) Kotak Small Cap Fund - Growth (Regular Plan) (Erstwhile Kotak Mid-Cap) 10) Kotak Emerging Equity Fund- Growth (Regular Plan) 11) NIPPON INDIA SMALL CAP FUND - GROWTH PLAN GROWTH OPTION 12) SBI Flexicap Fund - Regular Plan - Growth 13) SBI Contra Fund - Regular Plan - Growth 14) Tata Small Cap Fund - Regular Plan - Growth 15) Kotak Business Cycle Reg Gr I plan to increase my monthly amount to 70K, and look forward to have a corpus of ~3-5cr in the next 15 year. So please can you suggest some more MF where in can invest and is my goal of 3-5 CR achievable.
Ans: It's great to see your commitment to long-term investing and your goal of building a substantial corpus over the next 15 years. Here are some suggestions to enhance your mutual fund portfolio and work towards achieving your financial goal:
1. Diversification: While you have a diversified portfolio across various categories, consider adding exposure to other asset classes like international funds, thematic funds, or debt funds to further diversify your portfolio and reduce risk.
2. International Funds: Explore investing a portion of your portfolio in international funds to gain exposure to global markets and potentially benefit from their growth opportunities. International funds can provide diversification benefits and hedge against currency risk.
3. Thematic Funds: Consider allocating a small portion of your portfolio to thematic funds that focus on specific sectors or themes with growth potential, such as technology, healthcare, or consumption. Thematic funds can offer the opportunity for higher returns but come with higher risk.
4. Debt Funds: Given your long-term investment horizon, consider including debt funds in your portfolio for stability and capital preservation. Debt funds can provide a hedge against market volatility and generate steady returns over time.
5. Regular Review: Regularly review your portfolio's performance, asset allocation, and investment strategy to ensure they align with your financial goals and risk tolerance. Make adjustments as needed based on changing market conditions and personal circumstances.

As for your goal of achieving a corpus of 3-5 crore in the next 15 years, it's certainly achievable with disciplined investing, consistent SIP contributions, and a well-diversified portfolio. However, it's essential to regularly monitor your progress and make any necessary adjustments along the way to stay on track towards your financial objectives.
For personalized advice tailored to your specific financial situation and goals, consider consulting with a Certified Financial Planner (CFP) who can provide comprehensive financial planning services and help optimize your investment strategy.

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Dear sir Your answer was very helpful We are residing in Chennai and he is only son ...could you suggest few entrance exams for upper middle class Bits pilani how much it would cost He aims for computer science engineering
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Is it safe to invest in gold through Gullak app
Ans: While Gullak offers a seemingly convenient way to invest in gold, there are some potential risks to consider:

Unregulated "Gold+" Program: The "Gold+" program's guaranteed 5% extra gold is a unique feature, but it's not entirely clear how Gullak achieves this. Since this program is unregulated, there's less oversight compared to SEBI-regulated mutual funds.
Counterparty Risk: Gullak mentions a 100% bank guarantee on your gold investment. However, the details of this guarantee and the specific bank involved are crucial. In case of any issue with the bank, there's a chance your investment might be impacted.
Limited Transparency: Compared to mutual funds, Gullak might not be as transparent about their fees and overall investment structure. This can make it difficult to fully understand the associated costs and risks.
Potential Hidden Costs: While Gullak might advertise low fees, there could be hidden costs associated with storage, insurance, or selling your gold holdings. Make sure you understand all the fees involved before investing.

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Safety: Mutual funds are regulated by SEBI (Securities and Exchange Board of India) which adds a layer of security. Your investment represents units in the fund, not physical gold, but the underlying gold is typically stored in secure vaults.
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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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