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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Dec 20, 2019

Mutual Fund Expert... more
Somnath Question by Somnath on Dec 20, 2019Hindi
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I am investing Rs 1000 in each of these mutual funds shown in the table below for last three years. Suggest whether to continue or change and if changes required which fund to invest. These are my mutual funds: 

Name of the Fund Category RankMF Star Rating
Invesco India Contra Fund Growth Equity - Contra Fund 4
Canara Robeco Emerging Equities Regular Dividend    
Dividend Payout Equity - Large & Midcap Fund 2
Dividend Reinvestment Equity - Large & Midcap Fund 3
ICICI Prudential Bluechip Fund Growth Equity - Large Cap Fund 3
Mirae Asset Large Cap Fund Growth Plan Equity - Large Cap Fund 4
SBI Blue Chip Fund Regular Plan Growth Equity - Large Cap Fund 3
Axis Blue Chip Fund Growth Equity - Large Cap Fund 4
HDFC Top 100 Fund Regular Plan - In hold now Equity - Large Cap Fund 4
Mirae Asset India Equity Fund Dividend Plan - In hold now Equity - Large Cap Fund 3
L & T Infrastructure Fund Growth- In hold now Equity - Sectoral Fund - Infrastructure 2

Ans:

Large and Midcaps: 

  • Axis Growth Opportunities Fund – Growth
  • Tata Large and Midcap Fund - Growth 

Large Caps: 

  • LIC MF Large Cap Fund – Growth
  • Mirae Asset Large Cap Fund - Growth 
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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Hi Myself Sanjeev Kumar from Himachal Pradesh, I am in mutual funds from last 3 years on below mutual funds 1. Aditya birla multicap fund (regular growth) ---- Rs 1000 monthly 2. Invesco India flexi Cap fund (Plan growth) ------ Rs 1000 monthly 3. Invesco India Multicap fund (regular growth) ---- Rs 1000 monthly 4. Kotak multicap fund (regular) ------------------------- Rs 1000 monthly 5. Kotak emerging equity fund (growth) --------------- Rs 1000 monthly 6. Kotak ELSS tax saver fund ------------------------------- Rs 500 monthly 7. Union tax saver fund (ELSS) ---------------------------- Rs 1500 monthly 8. Bandhan Nifty 200 momentum 30 index fund (regular plan) --- Rs 1000 monthly (started a month ago) Apart from above, I am investing in below also 1. PPF ---------------- 1.5 lac annually 2. NPD ---------------- 0.5 lac annually 3. LIC ----------------- 0.5 lac annually Si/mam i want to ask is my portifoilio good enough to produce at least 60- 70 lakhs in next 10-12 years returns or some reshuffling is required. If yes kindly suggest some good funds. Hoping to hear from you soon Thanks
Ans: Hello;

Your mutual fund monthly sip of 8 K need to be increased to 10 K ( maybe you can add 2 K additional investment in Kotak ELSS tax saver fund).

PPF and other investment should continue as planned.

This will ensure your MF corpus + PPF will reach 60 L+ in value over 12 years.

LIC policy maturity sum and NPD will be bonus.

Funds are good. No need to change.

Happy Investing;

..Read more

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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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