Need Expert Advice?Our Gurus Can Help

Ramalingam Kalirajan |7453 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 08, 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

Asked by Anonymous - Apr 27, 2024Hindi

I have been investing 5k in Templeton India value growth fund, 5k in Nippon india small cap growth fund,1k in quant small cap fund direct growth plan, 1k in sbi infrastructure fund direct growth 500 in ICICI prudential technology direct for about 1.5 year. Do you think which fund should I keep for long term and which one should be switched ?

Ans: It's commendable that you've been investing diligently for the past 1.5 years! Let's review your current investment portfolio and determine which funds may be suitable for the long term:

1. Evaluate Performance: Assess the performance of each fund relative to its benchmark and peer group. Look for consistent performance over various market cycles and consider factors such as risk-adjusted returns and volatility.

2. Consider Investment Objectives: Determine your investment objectives and risk tolerance to identify which funds align best with your goals. Are you investing for long-term growth, capital preservation, or a combination of both?

3. Review Fund Manager and Strategy: Evaluate the fund manager's track record and investment strategy to gauge their ability to generate consistent returns over the long term. Consider funds with experienced managers and a disciplined investment approach.

4. Analyze Fund Composition: Review the composition of each fund's portfolio to ensure it aligns with your investment objectives and risk tolerance. Look for diversification across sectors, market capitalizations, and investment styles.

5. Consult with a Certified Financial Planner: Consider seeking advice from a Certified Financial Planner (CFP) to review your investment portfolio and provide personalized recommendations. A CFP can help you assess your financial goals, risk tolerance, and investment strategy to optimize your portfolio for the long term.

6. Regular Portfolio Review: Continuously monitor your investment portfolio and review it periodically to ensure it remains aligned with your goals and objectives. Consider rebalancing your portfolio as needed to maintain diversification and manage risk effectively.

Based on the factors mentioned above, consider keeping funds that have demonstrated consistent performance, align with your investment objectives, and have experienced fund managers. For funds that may not meet these criteria, consider switching to alternatives that offer better prospects for long-term growth and align more closely with your goals.

Remember, investing is a journey, and it's essential to stay disciplined, informed, and proactive in managing your portfolio. With careful analysis and guidance from a Certified Financial Planner, you can make informed decisions that help you achieve your financial goals in the long run.

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.

MoneyReply

You may like to see similar questions and answers below

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Mar 17, 2020

Question by khuzema - Mar 17, 2020Hindi

I AM INVESTING IN BELOW FUNDS. PLEASE SUGGEST FOR LONG TERM GOAL WHICH FUND TO HOLD/START/EXIT. Fund name Catgory Star Rating Khuzema Shuja Reliance Vision Fund - RETAIL PLAN GROWTH PLAN Equity - Large & Mid Cap Fund 2 Reliance+Tax+Saver+Fund+-+Growth+-+Regular+Plan Equity - ELSS 1 Reliance-focused-equity-fund---regular-plan Equity - Focused Funds: 2 Axis Long Term Equity Fund - Growth - Equity - ELSS Equity - ELSS 5 Birla Sun Life Tax Relief 96 - Growth - Equity - ELSS Equity - ELSS 4 SBI Magnum Equity Fund - Growth - Equity - Diversified Equity - Thematic Funds: - Other 4 SBI Blue Chip Fund - Regular Plan - Growth Equity - Large Cap Funds: 3 SBI Magnum Tax Gain Scheme 93 - Dividend - Equity - Equity - ELSS 2 ICICI Prudential Value Discovery Fund - Regular Plan - Growth - Equity - Equity - Value Funds: 2 HDFC Top 200 Fund - Equity - Diversified HDFC Equity - Large Cap Funds: 3 Kotak Midcap Fund - Regular Plan - Growth - Equity - Diversified Equity - Mid Cap Funds: 3 Dsp-blackrock-top-100-equity-fund---regular-plan Equity - Large Cap Funds: 4 sundaram-rural-india-fund---regular-plan Equity - Thematic Funds: - Other 4

Ans: You may continue with the 5 & 4 rated funds; however for others better alternative is available

Equity – ELSS:

- Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth

- BOI AXA Tax Advantage Fund-Regular Plan- Growth

- Aditya Birla Sun Life Tax Relief '96 - Growth Option

Equity - Large Cap Funds:

- LIC MF Large Cap Fund-Regular Plan-Growth

- Axis Bluechip Fund - Regular Plan - Growth

- Kotak Bluechip Fund - Growth

- Mirae Asset Large Cap Fund - Growth Plan

Equity - Mid Cap Funds:

- Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option

- DSP Midcap Fund - Regular Plan - Growth

Equity - Value Funds: Tata Equity P/E Fund Regular Plan -(Growth Option)

Equity - Focused Funds:

- Axis Focused 25 Fund - Regular Plan - Growth Option

- Motilal Oswal Focused 25 Fund (MOF25)- Regular Plan Growth Option

Equity - Large & Mid Cap Fund

- BOI AXA Large & Mid Cap Equity Fund Regular Plan- Growth

- Canara Robeco Emerging Equities - Regular Plan - GROWTH

- Tata Large & Mid Cap Fund- Regular Plan - Growth

Money

Vivek Lala |301 Answers |Ask -Follow

Tax, MF Expert - Answered on Sep 23, 2023

Question by S - Jun 25, 2023Hindi

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.

Money

Ramalingam Kalirajan |7453 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Jan 02, 2025

Question by Saifullah - Jan 01, 2025Hindi

I have been investing 3k each into the following funds "Tata Dividend Yield Fund Direct Plan - Growth (1 year),Tata Equity P/E Fund Direct Plan - Growth(4.5 years),Axis NIFTY Next 50 Index Fund Direct Growth(1 year),Canara Robeco Emerging Equities - Direct Growth(3 years),Mirae Asset Midcap Fund - Direct Plan(3 years),Nippon India Small Cap Fund(1 year). Should I continue with all these funds or do I need to switch any of these funds? If I need to switch, which funds needs to be switched and what will be your suggested funds to invest in for long term?

Ans: Your existing investments show a good diversification strategy. They span equity, mid-cap, small-cap, and thematic funds.

Let us assess these funds to identify gaps, overlaps, or potential for improvement.

Strengths of Your Portfolio
1. Diversification Across Market Segments

Investments include mid-cap, small-cap, and equity-diversified funds.
This reduces risk and ensures participation in broader market growth.
2. Focus on Emerging Opportunities

Investments in thematic funds add potential for long-term growth.
These align well with higher growth expectations over time.
3. Consistent Investment Approach

Regular SIPs promote disciplined investing.
This is crucial for building wealth over time.
Key Concerns Identified
1. High Overlap Between Funds

Multiple funds in similar categories lead to redundant investments.
This might dilute returns due to overlapping holdings.
2. Index Fund in the Portfolio

Index funds lack flexibility in volatile markets.
Actively managed funds can generate higher alpha through fund manager expertise.
3. Limited Exposure to Defensive Strategies

A defensive allocation like balanced or hybrid funds could enhance stability.
This is important to balance high-growth segments.
4. Uneven Time Frames Across Investments

Some funds have been held for shorter durations.
This may not allow the compounding benefits to materialise.
Recommendations for Portfolio Restructuring
1. Retain Well-Performing Funds

Funds with consistent performance should be continued.
Retain funds offering strong growth potential aligned with your goals.
2. Replace Redundant or Subpar Funds

Switch funds with overlapping objectives to avoid redundancy.
Consider diversified equity and mid-cap funds with proven performance records.
3. Exit Index Fund

Redeem your investment in the index fund.
Invest in actively managed funds for better long-term returns.
4. Add Hybrid or Balanced Funds

Introduce balanced advantage funds to stabilise your portfolio.
These funds provide a mix of equity growth and debt stability.
5. Focus on Regular Fund Investments Through CFP

Shift from direct funds to regular funds with CFP-guided investments.
This ensures expert monitoring and tailored portfolio adjustments.
Suggested Strategies for Long-Term Investments
1. Long-Term Wealth Creation Through Equity

Equity-oriented funds are ideal for higher returns over 7+ years.
Prioritise funds with a mix of large-cap and multi-cap exposure.
2. Stability Through Debt Allocation

Include debt-oriented funds for consistent returns in volatile times.
Aim for stability in case of market downturns.
3. Tactical Allocation for Emerging Opportunities

Allocate a smaller percentage to thematic or sectoral funds.
Limit exposure to manage risks effectively.
4. Periodic Portfolio Review

Assess your portfolio every 6 months to a year.
Adjust allocations based on market trends and fund performance.
Tax Considerations for Your Investments
LTCG above Rs 1.25 lakh on equity funds attracts 12.5% tax.
STCG is taxed at 20% for equity funds.
Tax-efficient planning ensures optimal returns from your investments.
Final Insights
Your portfolio is well-diversified but can be optimised for efficiency. Reducing redundancies, exiting index funds, and introducing hybrid strategies will add value. Work with a Certified Financial Planner for customised guidance and portfolio monitoring.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Money

Latest Questions

Nayagam P P |4033 Answers |Ask -Follow

Career Counsellor - Answered on Jan 06, 2025

Asked by Anonymous - Nov 29, 2024Hindi

I am 27 years old girl corona made my life a waste. Just before corona I left an assistant job to go for regular studies then due to corna I got stuck being jobless. I really wanted to study in regular as in graduation I did from open university. Time being I tried govt job preparation but nothing happened. I got gap of 2 years i couldn't find another job. At the end I did get my post graduation mba completed but I didn't get a job of my education all are of calling & backend. Currently its been 3-4 months nothing is working, application getting rejected every time. During final year exams my bf broke up with me from a 8 year long relationship. Please answer me

Ans: To rebuild your career after completing an MBA, identify transferable skills such as management, communication, leadership, and problem-solving, and match them with job roles beyond just calling and backend work. Revamp your resume by highlighting your educational qualifications and skills, and showcase internships, projects, or certifications completed during your MBA. Upskill strategically by considering short-term certifications relevant to your MBA specialization, such as digital marketing, project management, or data analytics.

Get a ton of useful information on "Resume Building," "LinkedIn Profile Building," "Job Search," and "Salary Negotiation Skills" by tuning in to the free webinars hosted by Vikram Anand, Sakshi Chandrasekar, and Sawan Kapoor. Take advantage of these kinds of free webinars to keep yourself busy and increase your self-assurance.

Job search strategy should include applying for jobs that match your skills, using job portals like LinkedIn, and Indeed, and networking actively on LinkedIn. Consider exploring freelance projects or paid internships related to your MBA specialization.

Emotional healing is essential, and it's important to acknowledge the pain of the loss of a relationship. Focus on self-care activities that uplift you, such as journaling, exercising, reading, or joining support groups. Practice mindfulness or meditation to reduce anxiety. Seek professional support if feelings of sadness or self-doubt persist.

Set small, achievable goals to avoid feeling overwhelmed and redefine success as personal growth, resilience, and continuous learning. Remember that progress takes time, and you are not alone in this phase. Stay patient and persistent, as your breakthrough will come.
All The BEST for Your Prosperous Future.

Follow RediffGURUS to Know More on ‘Careers | Finance | Health | Relationships’.

Career

Onkar Singh |26 Answers |Ask -Follow

Career Management, Skills Development Expert - Answered on Jan 06, 2025

Asked by Anonymous - Dec 17, 2024Hindi

Hello sir, My age is 38 years and i am working as senior manager in one public sector bank. I have spent 15 years in banking sector. I want to learn new skills/knowledge to scale up my earnings. What are the options i may have to learn new skills along with continuation of my job.

Ans: I think learning about data analytics with a specialization in the finance domain would be useful. If you are comfortable with numbers, you should explore this. Numerous resources are available online.

Career

Kanchan Rai |474 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Jan 06, 2025

Asked by Anonymous - Oct 24, 2024Hindi

My daughter stays in USA and married.Had a baby. Her husband and inlaws are emotionally black mailing and threatening with divorce. Any remedy in India

Ans: The most important thing you can offer her right now is emotional support and reassurance. Let her know that she has a safe space with you to express her fears, frustrations, and feelings without judgment. Encouraging open communication will help her feel less isolated and more empowered to navigate her situation.

Remind her that she has the right to be treated with respect and dignity. It's essential for her to recognize that emotional blackmail is a form of abuse and that she doesn't have to endure it alone. Encourage her to seek local resources, such as counseling or support groups, that can provide guidance and emotional reinforcement.

It's also important for her to consider the well-being of her child. A nurturing environment is crucial for both her and the baby's emotional health. If she's feeling threatened or unsafe, she may need to explore options for securing a more stable and supportive environment.

While you may not be able to provide legal remedies from India, your emotional support and encouragement can make a significant difference in helping her take the necessary steps to protect herself and her child. Let her know that no matter what happens, she has your unwavering support and love, which can be a powerful source of strength during this challenging time.

Relationship

Kanchan Rai |474 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Jan 06, 2025

Asked by Anonymous - Oct 24, 2024Hindi

Me and my boyfriend in a relationship from 5 years. My parents are happy with our relationship, but not his. I am Christian and he is Hindu. He tried to run away a few months ago to another state but his father spoke to authorities and caught him at an airport. He is now being monitored and has no way to escape. We want to seek legal help to get married but not sure where to look. We tried to look into special marriage act, but it requires 30 days notice meaning, his parents might find out and things get worse. Any advise is much appreciated on what help we can get legally.

Ans: First, it's essential to acknowledge the emotional strain this situation may be putting on both of you. It's okay to feel overwhelmed or uncertain, but your commitment to each other is a strong foundation to build upon. It's crucial to support each other emotionally through this process, as it will require patience, resilience, and understanding.

Additionally, you might consider looking into organizations or NGOs that support interfaith or inter-caste couples. These groups often have experience dealing with similar situations and can offer both legal advice and emotional support. They can also help navigate the legal process in a way that minimizes risk and ensures your rights are protected.

It's important to stay connected with people who support you both emotionally, whether it's friends, family, or support groups. Sharing your burden can lighten the emotional load and provide you with a network of allies who can help you through the process.

Remember, the love and commitment you share are powerful. While the road may be difficult, focusing on your shared goals and supporting each other through these challenges will strengthen your bond. Stay hopeful, seek the right help, and trust that you're making the best decisions for your future together.

Relationship

Kanchan Rai |474 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Jan 06, 2025

Asked by Anonymous - Jan 06, 2025Hindi

Hye, I am Raj Good evening Ma'am, I am very terrified to get married, cause my body is fully hairy, so I am afraid about it that if my partner neglect to me for my unwanted body hair. I need some suggestions about whether I need to marry or not.

Ans: Good evening, Raj.

It's understandable that you're feeling anxious about your body hair and how it might affect your future relationship. It's important to remember that every person has unique physical traits, and what truly matters in a relationship goes far beyond physical appearance.

First, self-acceptance is key. Embracing your body and its natural characteristics can boost your confidence and make you feel more comfortable in your own skin. Confidence often makes a significant difference in how others perceive you. If your body hair is something you feel strongly about, there are options for managing it, but it's essential to make any changes for yourself, not just to meet someone else's expectations.

When it comes to marriage, mutual respect, love, and understanding are the foundation of a strong relationship. A loving partner will accept you for who you are, including your physical traits. It's also crucial to communicate openly with your future partner about your feelings and concerns. This openness helps build trust and intimacy, allowing both of you to feel secure in the relationship.

Ultimately, the decision to marry should be based on your emotional readiness, shared values, and a deep connection with your partner, rather than solely on concerns about physical appearance. If you find someone who values you for who you are, these worries about body hair will likely become insignificant. Trust that the right person will see and appreciate the entirety of who you are, not just the surface.

Relationship

Nayagam P P |4033 Answers |Ask -Follow

Career Counsellor - Answered on Jan 06, 2025

Asked by Anonymous - Jan 06, 2025Hindi

In one of your answers you mentioned Psychometric Test from reliable sources. Can you please mention some of these reliable sources in Pune or online.

Ans: If you wish, you can connect with me & message through LinkedIn as I am supposed NOT to provide any links here.

Career

Mayank Chandel |1962 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Jan 06, 2025

Question by Venkat - Jan 05, 2025Hindi

Hi Sir, i am considering to send my son to New Zealand for MBBS in 2026. Could you please guide procedure, qualification requirement and approximate budget?

Ans: Hi Venkat
Its great to hear that you ar planning MBBS from New Zealand for your son.
For that he needs to clear NEET, IELTS & UMAT.
For first-year fees will be around INR 14 L & remaining 5 Years it will be 32-33 L.

Career

Nayagam P P |4033 Answers |Ask -Follow

Career Counsellor - Answered on Jan 06, 2025

Asked by Anonymous - Jan 06, 2025Hindi

What is the cut off marks for SSC MTS 2024? How to check results?

Ans: Cut-off varies from 125-145, depending upon your Category. Use your registration number and password to access the SSC website and navigate to the "Results" tab or menu section. The result may not have been declared yet if it is not reflecting. To know the result, continue to log in on a regular basis. All The BEST for Your Prosperous Future.

Follow RediffGURUS to Know More on ‘Careers | Finance | Health | Relationships’.

Career

Nayagam P P |4033 Answers |Ask -Follow

Career Counsellor - Answered on Jan 06, 2025

Asked by Anonymous - Jan 06, 2025Hindi

Nayagam Sir, where to check SSC MTS Result?

Ans: Use your registration number and password to access the SSC website and navigate to the "Results" tab or menu section. The result may not have been declared yet if it is not reflecting. To know the result, continue to log in on a regular basis. All The BEST for Your Prosperous Future.

Follow RediffGURUS to Know More on ‘Careers | Finance | Health | Relationships’.

Career

Mayank Chandel |1962 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Jan 06, 2025

Asked by Anonymous - Jan 05, 2025Hindi

Agr neet ke form me code 2 ke jagah code 1 de diye h to kya admission me kii dikkt hogi ya counselling me please reply

Ans: Hi
there will not be any issues.

Career

See more questions »