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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Feb 20, 2020

Mutual Fund Expert... more

Question by Shubhadeep on Feb 20, 2020Hindi

Money

Kindly advise whether to continue with the following funds with a time horizon of 10 years.

Name of the Fund Category RankMF Star Rating

1. Aditya Birla Sun Life Focused Equity Fund-Growth Equity - Focused Fund 4

2. Axis Bluechip Fund – Growth Equity - Large Cap Fund: 5

3. ICICI Prudential Bluechip Fund- Growth Equity - Large Cap Fund: 2

4. Mirae Asset Large Cap Fund – Growth Equity - Large Cap Fund: 4

5. I Blue Chip Fund – Regular Plan – Growth Equity - Large Cap Fund: 4

6. Kotak Standard Multicap Fund – Growth Equity - Multi Cap Fund: 4

7. MotilalOswalMulticap 35 Fund – Growth Equity - Multi Cap Fund: 5

8. SBI Magnum Multicap Fund – Regular Plan – Growth Equity - Multi Cap Fund: 4

9. ICICI Prudential Value Discovery Fund – Growth Equity - Value Fund: 2

10. LNT India Value Fund – Regular Plan – Growth Equity - Value Fund: 3

11. HDFC Hybrid Equity Fund – Regular Plan – Growth Hybrid - Aggressive Hybrid Fund 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 - Large Cap Fund:

UTI Mastershare Unit Scheme - Growth Plan
LIC MF 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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You may like to see similar questions and answers below

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on May 13, 2022

Question by Harish - May 13, 2022Hindi

Money

I am 37 years old. I have been investing in Mutual Funds since June 2017. I am an aggressive investor ready to take risks. My investment horizon is long term. I am investing for my Son's higher education which is 13 years away and also for my retirement which is 23 years away. My portfolio comprises of the following mutual funds. 1) HDFC Midcap Opportunities fund Regular growth - ₹4100/- per month with top up of 10% every year. 2) L&T hybrid equity fund Regular growth - ₹5000/- per month with top up of ₹500/- every year. 3) Aditya Birla Sun Life pure value fund Regular growth - ₹4500/- per month with top up of ₹500/- every year. 4) L&T Midcap Fund Regular growth -₹6000/- per month with top up of ₹500/- every year. 5) L&T Emerging Businesses Fund Regular growth -₹6000/- per month with top up of ₹500/- every year. 6) L&T Tax Advantage fund Regular growth -₹4500/- per month with top up of₹500/- every year. 7) Aditya Birla Sun Life Tax Relief '96 fund Regular growth - ₹5000/- per month with top up of ₹500/- every year. 8) UTI Flexi Cap fund Direct growth - ₹1000/- per month. 9) DSP Midcap fund Direct growth - ₹1000/- per month with top up of ₹500/- every year. 10) DSP Equity Opportunities fund Direct growth - ₹1000/- per month with top up of ₹500/- every year. 11) DSP Flexi Cap fund Direct growth - ₹1000/- per month with top up of ₹500/- every year. 12) Aditya Birla Sun Life Equity Advantage fund Direct growth - ₹1000/- per month with top up of ₹500/- every year. 13) Aditya Birla Sun Life Flexi Cap fund - Direct growth - ₹1000/- per month with top up of ₹1000/- every year. 14) ICICI Prudential Technology Plan Direct growth - ₹1000/- per month. 15) Nippon India Small Cap fund Direct growth - ₹1000/- per month with top up of ₹500/- every year. 16) Kotak Emerging Equity fund Direct growth plan - ₹1000/- per month with top up of ₹500/- every year. 17) L&T Flexi Cap fund Direct Growth plan - ₹1000/- per month. Am I on the right track/path of investing? Please suggest necessary changes in the above portfolio if any or should I continue with the above mutual funds.Also suggest which funds should I Add/Remove from the above portfolio.

Ans: Too many funds, keep 1 fund in same / similar category. No further addition please!

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Mar 17, 2020

Question by Santanu - Mar 17, 2020Hindi

Money

I have the following funds. Few since last 10 years & few since last 2 years. Would request your views for continuation/discontinuation please? Fund name Catgory Star Rating Santanu Das Aditya Birla Sun Life Tax Relief 96 Dividend Equity - ELSS 2 Aditya Birla Sun Life Frontline Equity Dividend Dividend Reinvestment Equity - Large Cap Funds: 2 Dividend Payout Equity - Large Cap Funds: 2 Aditya Birla Sun Life Focused Equity Growth Equity - Focused Funds: 4 Aditya Birla Sun Life Tax Relief'96 Growth Equity - ELSS 4 DSP Investment Tax Saver Fund Equity - ELSS 3 Franklin Templeton India Equity Fund Growth Equity - Multi Cap Funds: 2 HDFC Mid Cap Opportunities Growth Equity - Mid Cap Funds: 2 HDFC Top 100 Dividend Dividend Reinvestment Equity - Large Cap Funds: 2 Dividend Payout Equity - Large Cap Funds: 2 HDFC Equity Fund Growth Equity - Multi Cap Funds: 2 HDFC Top 100 Growth Equity - Large Cap Funds: 3 ICICI Prudential Infrastructure Dividend Dividend Reinvestment Equity - Sectoral Fund - Infrastructure 1 Dividend Payout Equity - Sectoral Fund - Infrastructure 1 Kotak Standard Multi Cap Growth Equity - Multi Cap Funds: 3 L&T Equity Fund Growth Equity - Multi Cap Funds: 3 L&T Tax Advantage Dividend Equity - ELSS 2 Quantum Long Term Equity Value Growth Equity - Value Funds: 3 Reliance/Nippon India Power & Infra Dividend Equity - Sectoral Fund - Energy & Power 1 Reliance/Nippon India Multi Cap Fund Growth Equity - Multi Cap Funds: 2 UTI Dividend Yield Dividend Dividend Reinvestment Equity - Dividend Yield Fund 4 Dividend Payout Equity - Dividend Yield Fund 4 Mirae Asset Hybrid Equity Growth Hybrid - Aggressive Hybrid Fund 4 SBI Equity Hybrid Growth Hybrid - Aggressive Hybrid Fund 5

Ans: You may continue with the 5 & 4 rated funds; however avoid any Equity - Sectoral Fund – Infrastructure OR Energy & Power funds , at present and 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 - Multi Cap Funds:

- Motilal Oswal Multicap 35 Fund (MOF35)-Regular Plan-Growth Option

- JM Multicap Fund - Growth option

- UTI - Equity Fund-Growth Option

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

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Nov 29, 2019

Question by Mrinal - Nov 29, 2019Hindi

Money

Dear Sir, I have following mutual funds: Please comment whether I shall sell or retain. ABSL Equity fund growth HDFC Equity fund growth ICICI Pru Nifly Index Growth ICICI Pru Infrastructure Growth SBI Focused Equity Fund Growth UTI Master Share UTI MNC Fund Magnum Taxgain Sundaram Infrastructure ABSLMidcap Growth Name of the Fund Name of the Fund RankMF Star Rating ABSL Equity fund growth Equity - Multi Cap Fund 4 HDFC Equity fund growth Equity - Multi Cap Fund 4 ICICI PruNifly Index Growth Index Funds - Nifty 4 ICICI Pru Infrastructure Growth Equity - Sectoral Fund - Infrastructure 2 SBI Focused Equity Fund Growth Equity - Focused Fund 4 UTI Master Share Equity - Large Cap Fund 5 UTI MNC Fund Equity - Thematic Fund - MNC 3 Magnum Taxgain Equity - ELSS 3 Sundaram Infrastructure Equity - Sectoral Fund - Infrastructure 2 ABSLMidcap Growth Equity - Mid Cap Fund 2

Ans: You may continue with funds with 4 and 5 star rated, sector funds to be avoided and good funds in Multicap , Focused and Mid cap should be invested in.

Midcap: Suitable option considering quality and value for money at present levels is DSP Midcap and Axis Midcap

Multicap: Suitable options considering quality and value for money at present levels are UTI Equity Fund, Axis Multicap, Motilal Oswal Multicap 35

Focused: Suitable options considering quality and value for money at present levels are Axis Focused 25 and Motilal Oswal Focused 25

ELSS: Suitable options considering quality and value for money at present levels are Motilal Oswal Long Term Equity – Growth

Sanjeev Govila | Answer |Ask -Follow

Financial Planner - Answered on Jun 15, 2023

Question by Prakash - Jun 09, 2023Hindi

Money

Hello Sir, I am 38 years working professional. Below are my Mutual Funds list. 1. Axis Bluechip fund Direct Plan growth - 2000 / month 2. PGM mid cap opportunity Direct Plan growth - 2000 / month 3. SBI small cap fund Regular growth - 1000 / month 4. Axis nifty 50 Direct Plan growth - 2000 / month 5. ICICI next nifty 50 Direct Plan growth - 2000 / month 6. ICICI nasdaq index direct plan growth - 2000 / month 7. ICICI technology fund Regular plan growth - 1000 / month Kindly give your input on this. Shall I continue with this for long term or not?

Ans: According to the data you have given, it appears that you have a Rs. 12,000/- monthly systematic investment plan (SIP) distributed across seven different mutual funds. Generally speaking, if your entire investing amount is Rs. 10 lakhs, you should invest in 6-7 mutual funds. Over-diversification can result from having too many mutual funds in your portfolio.

Regarding the recommendation on the mutual funds in your portfolio, all of them are considered to be fundamentally strong with a good track record. Investments in pure equity funds are recommended for the long term, ideally for a period of 5-7 years.

On the other hand, certain categories such as Small Cap, Mid Cap, and Sectoral funds are recommended only if you have an investment horizon of more than 7 years.

It's worth noting that two of the funds in your portfolio, namely Axis Nifty 50 Direct Plan Growth and ICICI Nasdaq Index Direct Plan Growth, are recently launched funds. As a result, they do not have sufficient track record to accurately assess their risk and reward potential.
We hope that you have made your investments based on your short-term and long-term goals, taking into consideration your risk profile.

Disclaimer:
• I have just no idea about your age, future financial goals, your risk profile, other investments and whether you would have the nerves to not get unduly perturbed if stock markets go temporarily down.
• Hence, please note that I am answering your question in absolute isolation to other parameters which should definitely be considered when answering a question of this type.
• I recommend you to also consult a good financial advisor who would look at your complete profile in totality before you act on this advice given by me.

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Hi sir , i am currently in class 11th and preparing for jee 2026 can you give me guide to built career in AI ML a software engineer in Microsoft

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Asked by Anonymous - Nov 18, 2024Hindi

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Male, Age is 29, Salary of Rs. 22000/- p.m., my expenses 6-8k p.m. (Approx), Current Investments: Mutual Funds 2k monthly, 3k RD monthly for 3 Yrs, what is suitable Health/Life/Term Insurance? ROI option for same? or Other Investment options? I have my father who got his pension & he manages our household Expenses.

Ans: Hello;

Insurance is not a investment.

It is a protection which you buy to safeguard your dependents, financially, in case of any unfortunate event.

Pure term plan with riders for critical illness and accident benefit is optimal.

Ideal life cover should be 15X-20X your annual income.

If you are keen then you may check term plans that offer return of premiums paid(less tax) if you survive the policy maturity period.

Healthcare insurance should be from a company that has:
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2. Low waiting period for pre-existing conditions.
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With starting salary ?12000 CTC. At 5% increase in contribution annually. What will be way ahead at the time of pension with 15 years of career. and how much pension monthly will I get???

Ans: Hello;

Request you to kindly rephrase your question.

Thanks;

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Question by kiran - Nov 19, 2024Hindi

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I am 41 years old, having FD of 15 lacks , my package is 12L/Annum . Other than this i have polices and no savings. Can anyone suggest retirement plans and savings plan further

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You can invest in NPS for your retirement planning.

For your other goals you may invest in different type of mutual funds based on your risk appetite and time horizon.

Never mix insurance (pure protection)with investment.

Happy Investing;
X: @mars_invest

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I am 39 years working women my current salary is 25k due to multiple unsecured loan trap my emi is reached to 55k per month . Most of the loan 75% emi repayment done but 2 loans emi is very high and remining tenure is almost 1.5 year total outstsnding appx 4.5 lacs really dont know how can i get over from this . Please advice

Ans: Hello;

Sell any gold which you may have and repay the loan. Once the loan burden is over you can buy gold again later.

Check if you can port the loan to another lender with lesser rate of interest.

Borrow from your close relatives/employer, if possible, to get you over the loan and repay it later.

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Question by yakub - Nov 21, 2024Hindi

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My daughter is in class 12th and preparing for her Jee. What course she should take up which will have great opportunities in future

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Hello Mr Shah How worth / meaningful will it be for a 55 yrs person to start investing in NPS. Yearly capability of investment around 3L, with investment horizon of 6-7 yrs. This option I’m weighing against couple of guaranteed return (yearly certain amount of fxd return till life) tax free insurance linked investments. Also let me know what is the minimum number of yrs one has to invest prior to withdrawal and how much max (%) can be withdrawn lump sum. Best! Regards

Ans: Hello;

6-7 year time horizon for NPS may not be optimal.

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Hello, I am 3 yr neet dropper.in 2025 it will be my third attempt... I'm trying my best to crack neet ...i don't know what will happen will i score good marks or not ... please help me in suggesting good career options if not crack neet .....there are many options through neet marks also like bhms , veterinary...etc. i will also give entrance exam also like cuet ,gbpuat ,....but i want that what to choose which course will be best for me ...i want to make my life good and happy... having a good degree, good job ,...

Ans: Hello.
Have you analyzed your failure in 2 successive attempts in the NEET examination? If yes, then the question is what you have done for improvement and not then again the question arises why not? Here, I would like to suggest you focus now only on the NEET examination which is your 3rd attempt. Don't think about any other options right now till May 2025. After the NEET exam is over, you have ample time to explore the options available. Depending on your score in NEET 2025, we will guide you at that time. But yet, if you are confused, then looking towards your question and anxiety, you need personal counseling where you can express yourself face-to-face. Only after the NEET exam is over, you contact a counsellor for one-to-one counseling. Till then, keep mum and focus only on NEET. Take this exam as your mission and project. Work on this project, apply forces from all sides, success is there which is waiting for you eagerly.
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Some tips: (1) Analyse separately Phy, Che, Bio (2) Prepare a list of hard topics (3) First focus more on the topics which are easy for you and then try to excel in hard topics (4) Appear more and more online/offline examinations (4) Prepare your short-cut file for all subjects (5) Prepare a file for each subject having only synopsis of all chapters (6) Try to solve the problems at the lightening speed and observe the period on regular basis (7) Create your time table to revise the topics on regular basis (8) Do not hesitate to ask your difficulties to your teachers, if you have joined to offline classes (9) Keep the habit of marking the answers which you know 100%. Don't guess the answers and mark them, as there is -ve marking scheme. (10) Be calm, quite, and smiling all the time to release the tension and always have a healthy chat with your friends.

If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
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Radheshyam

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Question by RAGUL - Nov 17, 2024Hindi

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I am a new and first time investor (not a trader) right now I see market correction as a good entry for me and I got fet questions, 1.how long do we foresee this correction to happen (in weeks or months)? 2. Should I take entry in small steps across potential stocks so that I can average out? 3. I think this is the right time for this question - what potential stocks can give me 40 to 50% returns in next 12 to 15 months and 70 to 80% in next 24 months (this is a very optimistic number as I already see some good stocks had come down by 20 to 30%)

Ans: 1) Corrections are always temporary, and the growth is real for long term so now the downside is limited.
2) Yes, if you have Rs. 100 start investing Rs.25 and keep adding 25 in every fall.
3) All Blue Chips and then Mid Cap Companies. (Choose quality always)

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Asked by Anonymous - Nov 20, 2024Hindi

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Hello Sir, I am 55 and plan to retire. I will get 85 lakhs after retirement from provident fund and will get 45k monthly pension which will increase twice with increase of Dearness Allowance as per Central Govt rules. I will also get 9k as rentals. I have no loans and have own house to live. Can I survive with family of three(myself, wife and mother aged 74years)

Ans: Hello;

What is the approx monthly household expenses as on today?

What kind of healthcare benefit will you and your wife get from your employer after retirement?

Do you have a separate healthcare insurance policy for both of you as well as your Mother?

Kindly provide response on the above points so as to recommend suitably.

Thanks;

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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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