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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Sep 16, 2021

Mutual Fund Expert... more
Sarvotham Question by Sarvotham on Sep 16, 2021Hindi
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I am investing through monthly SIP @ Rs 5,500 since the last 10 years in the following MFs.

Please suggest whether the same portfolio may be continued or any changes are required.

1. SBI Contra Fund Regular Plan -- Dividend
2. SBI Contra Fund Regular Plan -- Growth
3. SBI Equity Hybrid Fund Regular -- Growth
4. SBI Focused Equity Fund Regular -- Dividend
5. SBI Focused Equity Fund Regular -- Growth
6. SBI Magnum Global Fund Regular Plan -- Growth

Ans: You may continue with 2, 3, 5 and 6.

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Sir, I have been doing SIP under following MF's : Axis Flexi Cap Fund - Regular Plan 5,000.00 Bandhan Core Equity Fund - Regular Plan - Growth 3,000.00 DSP Mid Cap Fund - Regular Plan 2,500.00 HSBC Value Fund - Regular Plan 2,500.00 ICICI Prudential Value Discovery Fund 2,500.00 Kotak Flexi Cap Fund - Regular Plan 2,000.00 Quant Active Fund 5,000.00 SBI Flexi Cap Fund - Regular Plan 2,500.00 SBI Small Cap Fund - Regular Plan 10,000.00 UTI Flexi Cap Fund - Regular Plan 5,000.00 HDFC Mid-Cap Opportunities Fund - Regular Plan 3,000.00 Aditya Birla Sun Life Flexi Cap Fund - Regular Plan - Growth 5,000.00 HDFC Focused 30 Fund - Regular Plan 2,000.00 Also i have lump-sum investment in following MF schemes - HDFC Top 100 RP (G) 51,998.45 HDFC Gold RP (G) 1,43,997.00 ICICI Prudential Multi-Asset Fund 3,79,511.11 ICICI Prudential US Bluechip Equity Fund - Regular 99,800.95 Kotak Flexi Cap Fund - Regular Plan 1,14,995.00 In addition to above, i am investing regularly in PPF & have an Share portfolio of about Rs. 6 Lacs & few Life Insurance policies (LIC). I am in need of about Rs. 25 Lacs. Kindly advise which funds to exit and if any other rebalancing of MF is required. Thanks
Ans: You've built a diverse portfolio with a mix of systematic investment plans (SIPs), lump-sum investments, and other financial instruments, showcasing your commitment to long-term wealth creation. Let's review your current holdings and make strategic adjustments to align with your financial goals:
1. SIP Review:
• Evaluate the performance and suitability of each SIP based on your investment objectives and risk tolerance.
• Consider consolidating or exiting SIPs with underperforming funds or overlapping strategies to streamline your portfolio.
2. Lump-Sum Investments:
• Assess the performance and outlook of your lump-sum investments to ensure they complement your overall investment strategy.
• Consider rebalancing or exiting investments that no longer align with your investment goals or risk profile.
3. Portfolio Rebalancing:
• Rebalance your portfolio to maintain an optimal asset allocation and manage risk effectively.
• Consider reallocating funds from underperforming or overweight sectors/funds to sectors/funds with better growth potential.
4. Exit Strategy:
• Identify funds or investments that are not performing as expected or do not align with your investment strategy.
• Develop an exit strategy to liquidate such investments gradually while minimizing any potential impact on your overall portfolio returns.
5. Alternative Investments:
• Explore alternative investment options such as debt instruments, real estate investment trusts (REITs), or international funds to diversify your portfolio further.
• Consider adding exposure to sectors or asset classes that offer growth potential while mitigating downside risks.
6. Risk Management:
• Review your risk management strategy to ensure adequate protection against market volatility and unforeseen events.
• Consider enhancing your insurance coverage, particularly health and life insurance, to safeguard your financial well-being and protect your loved ones.
7. Financial Planning:
• Continuously monitor your financial plan and make necessary adjustments based on changes in your life circumstances, financial goals, and market conditions.
• Consult with a Certified Financial Planner (CFP) to receive personalized advice and guidance tailored to your specific financial situation and objectives.
Remember, investing is a dynamic process, and periodic review and adjustment are essential to stay on track towards achieving your financial goals. By taking a proactive approach and making informed decisions, you can optimize your investment portfolio and work towards building long-term wealth and financial security.

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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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