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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Nov 18, 2022

Mutual Fund Expert... more

Question by Nikhil on Nov 18, 2022Hindi

Money

I am investing around 40k per month in 11 different SIPs.

Mirae Assets Tax Saver Fund Direct - Growth

Quant Small Cap Fund Direct Plan - Growth

SBI Small Cap Fund Direct Plan - Growth

Bank of India Small Cap Fund Direct Plan - Growth

Quant mid Cap Fund Direct Plan - Growth

PGIM India Miacap opportunities Fund- growth

Tata Digital India Fund Direct- Growth

Sundaram Flexi Cap Fund Direct- Growth

Quant Tax Plan Direct- Growth

ICICI Pru US Bluechip Equity Fund Direct- Growth

Canara Rebecco Small Cap Fund Direct- Growth

Other investments:

25k p.m. VPF

25k p.m in stocks

My target is to accumulate around 1 cr in next 8 years. Request you to please advise if i am on track to achieve this goal or do I need to change anything.

Ans: 40K SIP in 8 years can create a corpus of Rs. 70 lakh, therefore the investment needs to be increased of duration needs to be increased.

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 Feb 20, 2020

Question by Raja - Feb 20, 2020Hindi

Money

I am presently doing a monthly SIP of Rs 60,000 in following funds and increase it every year by 10%. Kindly suggest me whether I am on right track or need some changes as my target is to generate at least Rs 12 crore in next 20 years for my retirement & daughter’s marriage. ICICI Bluechip Fund- Rs.3000 ICICI Value Discivery-Rs.3000 ICICI Mid Cap-Rs.2000 ICICI Multicap- Rs.2000 Motilal Oswal Multicap-35 – Rs.7000 Motilal Focussed 25- Rs.2500 Mirae Asset Large Cap-Rs.6000 HDFC Balanced Advantage-Rs.8000 Kotak Standard Multicap-Rs.6000 Franklin Smaller Companies Fund- Rs.6000 Axis Long Term Equity Fund-Rs.15000 Also investing about Rs 4,00,000/annum in NPS, ULIP, LIC & FDs. Name of the Fund Category RankMF Star Rating A. ICICI Bluechip Fund- Rs.3000 Equity - Large Cap Fund: 2 B. ICICI Value Discivery-Rs.3000 Equity - Value Fund: 2 C. ICICI Mid Cap-Rs.2000 Equity - Mid Cap Fund: 2 D. ICICI Multicap- Rs.2000 Equity - Multi Cap Fund: 2 E. MotilalOswal Multicap-35 – Rs.7000 Equity - Multi Cap Fund: 5 F. Motilal Focussed 25- Rs.2500 Equity - Focused Fund 5 G. Mirae Asset Large Cap-Rs.6000 Equity - Large Cap Fund: 4 H. HDFC Balanced Advantage-Rs.8000 Hybrid - Balanced Advantage 4 I. Kotak Standard Multicap-Rs.6000 Equity - Multi Cap Fund: 4 J. Franklin Smaller Companies Fund- Rs.6000 Equity - Small Cap Fund: 1 K. Axis Long Term Equity Fund-Rs.15000 Equity - ELSS 5

Ans: You may continue with 4 and 5 star rated funds; for remaining you may consider from below:

Equity - Value Fund:

Tata Equity Pe Fund - Growth
UTI Value Opportunities Fund - Growth Plan

Equity - Multi Cap Fund:

UTI Equity Fund – Growth
Axis Multicap Fund – Growth

Equity - Large Cap Fund:

UTI Mastershare Unit Scheme - Growth Plan
LIC MF Large Cap Fund-growth

Equity - Mid Cap Fund:

MOSL Midcap 30 Fund – Growth
DSP midcap – growth

Equity - Small Cap Fund:

Kotak Small Cap Fund – Growth
Axis Small cap Fund - Growth

Nikunj Saraf |308 Answers |Ask -Follow

Mutual Funds Expert - Answered on Oct 27, 2022

Question by Malapati - Oct 27, 2022Hindi

Money

I am 32 working for an IT company. Recently I have started investing in SIPs with 15000 rs monthly sip and a step up of 5% annually. My goal is to reach 3-4 cr corpus in 15-20 years. My portfolio is below: all are direct growth funds. Quant Infrastructure Fund - 5000 Quant Midcap fund- 4000 Quant Active Fund- 2500 Canara Robecco small cap fund- 2000 Quant Large and Mid cap fund- 1500 Please suggest whether I am going in right direction with the above portfolio.

Ans: Hello Malapati. Your current investment portfolio shows that 80% of your investments are in one AMC i.e. Quant. Hence, I would suggest that AMC-wise diversification is required in your portfolio. In addition, I recommend increasing your monthly sips from 15k to 30k.

Nikunj Saraf |308 Answers |Ask -Follow

Mutual Funds Expert - Answered on Nov 11, 2022

Question by Kiran - Nov 11, 2022Hindi

Money

Age 45. Currently I am investing 25k in SIP.I can take my SIP upto 50k per month. My goal is 2cr in next 13 years. PFB my current SIPs: Tata Digital India Fund Direct Growth -- 3000 Parag Parekh Conservative Hybrid Fund Direct Growth -- 2000 Aditya Birla Sun Life Tax Relief 96 Direct Growth -- 3000 Mirae Asset Emerging Bluechip Fund Direct Growth -- 2000 DSP Tax Saver Direct Plan Growth -- 5000 IIFL Focussed Equity Fund Direct Growth -- 5000 Parag Parekh Flexi Cap Fund Direct Growth -- 5000

Ans: Hello Kiran. With your current portfolio allocation, I would suggest shuffling and rebalancing your portfolio. For future sips, you may consider considering few schemes like ABSL Tax and Parag Parikh Flexi Cap Fund. To add more sips, try adding to the modified portfolio. It is not suggested to increase the current number of schemes. To achieve the corpus of 2Cr in next 13 years, the required sip amount is 50 k approx which you are already willing to start.

Nikunj Saraf |308 Answers |Ask -Follow

Mutual Funds Expert - Answered on Mar 29, 2023

Question by Mriganka - Mar 28, 2023Hindi

Money

Hi I am mriganka.age 32.My monthly SIP amount is 31000. My investment horizon is 20 years. I step up my sip by 10% each financial year. My investments per month are Nippon india focused equity fund-5k Edelweiss mid cap-2k Motilal oswal midcap- 2k Axis small cap-2k Canara robeco small cap-2k Quant small cap-2k Quant midcap -2k ICICI prudential commodities fund-1k Motilal oswal nifty bank index-1k Parag Parikh flexi cap- 1k Tata small cap-1k DSP health care- 1k Tata resource and energy-1k Quant infrastructure - 1k Pgim india midcap opportunities - 3k Quant active fund-1k Kotak small cap-1k Mirae asset emerging bluechip-1k Tata digital fund-1k Please suggest your views...

Ans: Hello Mriganka. Your portfolio appears to be over-diversified. There is a proportion in both sector and thematic funds. Hence, I would suggest you to reconcise and reshuffle your portfolio. Also, reconsider Edelweiss mid-cap and Tata Small Cap Fund. With 31k monthly sip you may achieve a corpus of 4.08 cr in the next 20 years with 14% CAGR.

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Mutual Funds, Financial Planning Expert - Answered on Apr 09, 2024

Question by Surajit - Jun 07, 2023Hindi

Money

Hello sir. I am 39 years old and have a high risk apetite. My goal is to accumulate 2.5 cr by the time i retire. I am currently investing in the following funds by monthly sip. Please review and suggest whether i am on the right track or do i need to make changes. I currently have 12l in in this portfolio. All the investments are in direct growth mode and i increase the sip value by 5-10% every year. 1. Motilal oswal elss 2500 2. Axis mf elss 2500 3. ABSL frontline equity 2000 4. Parag Parikh flexicap 3000 5. Motilal oswal mid cap 3000 6. Sbi small cap 3000 7. Hsbc small cap 1000 8. Tata small cap 2500 9. ABSL money manager 5000

Ans: Given your high-risk appetite and goal of accumulating 2.5 crore by retirement, your portfolio seems aligned with your objectives. Ensure you regularly review performance, fund expenses, and rebalance if necessary. Diversification across large, mid, and small-cap funds is prudent for high-risk tolerance. Monitor each fund's performance relative to its benchmark and peer group. Consider the impact of market conditions and economic trends on your investments. Adjust your SIPs periodically based on your financial situation and market outlook. Consulting a financial advisor periodically can provide valuable insights and ensure your portfolio remains on track to meet your long-term goals.

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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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