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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Feb 20, 2020

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Shubhadeep Question by Shubhadeep on Feb 20, 2020Hindi
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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::

  1. Tata Equity Pe Fund - Growth
  2. UTI Value Opportunities Fund - Growth Plan

Equity - Large Cap Fund:

  1. UTI Mastershare Unit Scheme - Growth Plan
  2. 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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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Mar 17, 2020

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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

..Read more

Ramalingam

Ramalingam Kalirajan  |4647 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 29, 2024

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I am investing in following funds since 1.5 year. 1. Tata Digital India Fund Direct Growth- 2000 , 2. Parag Parikh Flexi Cap Fund Direct Growth - 2000 , 3. Axis Small Cap Fund Direct Growth - 1500 , 4. Aditya Birla Sun Life Digital India Fund Direct Growth- 2000, 5. Canara Robecco Small Cap Fund Direct Growth- 3000, 6. ICICI Prudential Technology Direct Plan Growth- 2000 My Investment horizon are for 10 to 15 years. Let me know is this a good fund to continue and should I hold this fund or release it? Also let me know some good fund for 10 to 15 years where I can invest?
Ans: Let's analyze your current mutual fund portfolio and discuss your investment options for a 10-15 year horizon.

Review of your Current Portfolio:

Diversification: You have six funds across different categories (Small Cap, Technology, and Flexi Cap). This is a good starting point for diversification.

Small Cap Focus: A large portion of your portfolio is in Small Cap funds, which can be riskier but offer potentially higher returns.

Overlapping Themes: Some funds might invest in similar sectors (Technology and Digital India). This could reduce the overall diversification benefit.

Considering your 10-15 year horizon, here's some feedback:

Your investment timeframe is good. A longer horizon allows you to ride out market fluctuations and potentially benefit from growth.

Risk Management: With a large small-cap allocation, your portfolio might be on the riskier side.

Here are some suggestions to consider:

Review Fund Overlap: Check if your funds have similar holdings. Consider replacing one if there's significant overlap.

Balance Risk and Reward: A 10-15 year horizon allows for some risk. But you might want to consider adding some Large or Mid-Cap funds for stability.

Talk to a CFP: A Certified Financial Planner can analyze your risk tolerance and goals. They can recommend a suitable asset allocation and specific funds based on your needs.

Here are some additional thoughts on choosing funds for a 10-15 year horizon:

Actively Managed Funds: Actively managed funds, where experienced fund managers make investment decisions, can outperform the market over time. Consider consulting a CFP to help you choose these funds.

Regular Review: Meet with your CFP periodically to review your portfolio and adjust it as needed based on market conditions and your evolving goals.

Stay Invested: Market ups and downs are normal. Don't panic and redeem your investments during downturns. Stay focused on your long-term goals.

Overall, you've taken a good first step by investing in mutual funds. By potentially refining your portfolio, seeking professional guidance, and staying invested, you can increase your chances of achieving your long-term financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..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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