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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Nov 03, 2022

Mutual Fund Expert... more

Question by Amit on Nov 03, 2022Hindi

Money

4) Mutual funds (SIP of total 50k monthly across below funds):

1. SBI focused equity: 5.6 lakh and monthly SIP of 9500
2. Axis bluechip: 8.6 lakh and monthly SIP of 9500
3. Axis midcap: 1.7 lakh and monthly SIP of 8500
4. Mirae asset largecap: 7 lakh and monthly SIP of 9500
5. Mirae asset emerging bluechip: 60k and monthly SIP of 3000
6. PGIM india flexicap: 3.5 lakh and monthly SIP of 10k
7. Canara robeco bluechip equity: 2.4 lakh, no SIP

Ans: This can grow up to Rs. 2 crs

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 Sep 08, 2021

Question by Dr - Sep 08, 2021Hindi

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I am having SIPs in the following mutual funds. Time horizon is the next five years. Kindly suggest. Mirae Asset Emerging Bluechip Fund Direct Growth Rs 2,500 SBI Bluechip Fund Direct Growth Rs 5,000 Axis Bluechip Fund Direct Growth Rs 5,000 SBI Focussed Equity Fund Direct Growth Lumpsum Rs 60,000 SBI Equity Hybrid Fund Direct Growth Lumpsum Rs 10,000

Ans: Please continue.

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Dec 23, 2021

Question by puneet - Dec 23, 2021Hindi

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My SIP details are as follows. Please advise. Mutual Funds Plan type Amount 1. Mirae Asset Midcap Fund Regular plan Rs 6,000 2. Sundaram Small Cap Fund Regular Plan, Growth Rs 6,000 3. Nippon India Small Cap Fund Growth Rs 5,000 4. ICICI Prudential India Opportunity Fund Growth Rs 3,500 5. ICICI Prudential Multicap Fund Growth Rs 3,500 6. Axis Focused 25 Fund Regular Rs 6,000 7. Tata Banking And Financial Services Fund Regular Rs 6,000 8. Tata Flexi Cap Fund Growth Rs 5,000 9. Axis Long Term Equity Fund Rs 3,000

Ans: These are good funds, please continue.

Ramalingam Kalirajan |7159 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 20, 2024

Asked by Anonymous - Apr 16, 2024Hindi

Money

Please suggest five mutual funds for long term investment through SIP @8000 pm per fund

Ans: Investing in mutual funds through SIPs is a wise strategy for long-term wealth accumulation. Let's explore five mutual funds suitable for your investment objective.

Understanding Investment Goals
Before selecting funds, it's crucial to understand your investment goals, risk tolerance, and time horizon. This ensures alignment with your financial objectives.

Appreciating Your Initiative
Kudos to your initiative in planning for long-term investments through SIPs. Starting early and staying consistent is key to achieving financial success.

Evaluating Fund Options
When selecting mutual funds for SIP investment, consider factors such as fund performance, consistency, fund manager expertise, and investment philosophy.

Benefits of Actively Managed Funds
Actively managed funds offer several advantages over passive index funds, including:

Professional Management: Skilled fund managers make strategic investment decisions.
Market Adaptability: Funds can adjust to market conditions to optimize returns.
Outperformance Potential: Actively managed funds have the potential to outperform passive funds over the long term.
Recommended Mutual Funds
Large Cap Equity Fund: Provides stability and growth potential by investing in large, established companies with a track record of performance.

Mid Cap Equity Fund: Offers higher growth potential by investing in mid-sized companies with strong growth prospects.

Multi Cap Equity Fund: Provides diversification across large, mid, and small-cap stocks, offering exposure to different segments of the market.

Balanced Advantage Fund: Offers a balanced approach by dynamically managing asset allocation between equity and debt based on market conditions.

Sectoral or Thematic Fund: Invests in specific sectors or themes poised for growth, providing opportunities for higher returns but with higher risk.

Monitoring and Review
Regularly monitor the performance of your mutual funds and review your investment strategy periodically. Adjust allocations as needed based on changes in financial goals, market conditions, and risk tolerance.

Conclusion
Selecting the right mutual funds for SIP investment is crucial for long-term wealth creation. By choosing funds aligned with your investment goals and risk profile, staying disciplined with SIP contributions, and regularly reviewing your portfolio, you can achieve your financial objectives.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Hello sir my age is 49 and I have work in web development company as a partner. I have a 15 years experience in website design and integration in cms system. Can i apply another company. And atpresent I have practice in data science. Please let me know what to do

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Question by Pramod - Nov 25, 2024Hindi

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Hi Experts, I seek your guidance on my mutual fund portfolio. Below are the details: Total Portfolio Details: - Total Invested Amount: ?15,76,159 - Current Value: ?19,35,234 - Total Returns: ?3,59,075 (+22.78%) - XIRR: 20.75% Monthly SIP Contribution: ?1,18,000 Breakdown of monthly SIP contributions across funds: 1. Parag Parikh Flexi Cap Fund Direct Growth – ?30,000 2. SBI Large & Midcap Fund Direct Plan Growth – ?15,000 3. SBI Magnum Mid Cap Fund Direct Plan Growth – ?20,000 4. Nippon India Large Cap Fund Direct Growth – ?30,000 5. Nippon India Small Cap Fund Direct Growth – ?7,500 6. ICICI Prudential Technology Direct Plan Growth – ?10,000 7. Quant Small Cap Fund Direct Plan Growth – ?7,500 8. HSBC Small Cap Fund Direct Growth – ?5,000 9. Edelweiss US Technology Equity Fund of Funds Direct Growth – ?5,000 Can you suggest if I am on track to create 5 CR corpus in 10 years I have ?25 lakh invested in a Fixed Deposit (FD) in my mother’s account, earning an interest rate of 7.75%, to generate tax-free returns. Additionally, I’m planning to purchase a plot worth ?30–50 lakh in the next 1–2 years. Is it a good idea to keep the money in FD for now, or are there better short-term investment options I should consider to maximize returns while keeping the funds accessible for my future purchase? Looking forward to your suggestions! Thank you!

Ans: Hello;

Your monthly sip value adds upto 1.3 L however you have claimed it to be 1.18 L. (Maybe a typo).

Existing corpus(19.35 L) and monthly sip (1.3 L) won't reach 5 Cr in 10 years.

You have two options to make it happen:

1. Increase monthly sip amount to 1.9 L.

2. Top-up current monthly SIP of 1.3 L by minimum 10% each year for 10 years.

Both ways will lead you to a corpus of 5 Cr over 10 years.

You may consider money market mutual funds for parking your funds for a 1 year horizon. Returns may be comparable to FD returns but with flexibility to withdraw anytime. They typically have low to moderate risk.

Happy Investing;
X: @mars_invest

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Asked by Anonymous - Nov 18, 2024Hindi

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I am 49 years old. I have EPF of 1.32 crores. I have retired from corporate life to build a start up. I left jon in August 2024. 1. Please let me know if i can withdraw entire EPF? 2. What is the tax i need to pay. Thank you.

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You may withdraw your EPF corpus claiming two consecutive months of unemployment after quitting the previous job(Aug-24).

Further if you have had 5 years, or more, of continuous service, across employer's but without any break, then your withdrawal will be tax free.

Else you may have a 10% TDS on withdrawal plus interest on contributions is also taxable as per slab rate.

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Sir, I have always had skin issues as a teenager. I have tried all kinds of treatment and medication. I want to know if my acne marks can be cured permanently through cosmetic surgery. What will be the approx cost of surgery. Also, what will be the side effects?

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Hi sir i want to invest a lumpsum of 1.5L in mutual funds. Is there any mutual funds that you can recommend for long term investment

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You may invest in any of the top flexicap funds for long term;

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Is doing BBA + Law (Honors) from BITS Law is worth

Ans: Anju, prior to addressing the question, I would like to draw your attention to a recent article in 'The Times of India' which indicates that a majority of law graduates tend to favor employment in corporate settings over practicing in courts. Now, coming to your question, please note, BITS Law School's BBA + LLB (Hons) program is a 5-year program that combines business administration with legal studies. The program focuses on areas such as corporate law, intellectual property, business laws, and dispute resolution. The program offers a strong multidisciplinary approach, preparing students for careers in corporate law, legal consultancy, and management. Its strengths include a business + legal acumen curriculum, industry-driven curriculum, and a reputation for excellence in education and placement opportunities. However, it lacks the legacy and alumni network of top-tier law schools and can be expensive. Career opportunities include corporate and business law, management roles, consulting, entrepreneurship, academia/research, international arbitration, cyber and technology law, corporate governance, and intellectual property rights. The program is worth considering if you aim for a corporate or business law career, are comfortable with the cost and value of the BITS brand, and have excellent industry connections and internships. Build your profile well by the time you complete your BBA+LLB & improve your all other skills required. All the BEST for Your Prosperous Future.

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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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