Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jan 30, 2020

Mutual Fund Expert... more

Question by Deepak on Jan 30, 2020Hindi

Money

I have a lump sum investment in in following MUTUAL FUNDS. Please advice whether i should exit or remain invested

ABSL Frontline equity fund - Direct –Growth

Franklin India Equity Fund - Direct- Growth

HDFC Hybrid Equity Fund-Direct –Growth

HDFC Capital Builder Value Fund -Regular- Growth

ICICI Pru Balanced Advantage fund- regular-Growth

ICICI Pru value discovery Fund- Regular-Growth

SBI Bluechip Fund-Direct – Growth

Name of the Fund Category RankMF Star Rating

Deepak Suri

ABSL Frontline equity fund - Direct –Growth Equity - Large Cap Fund 4

Franklin India Equity Fund- Direct- Growth Equity - Multi Cap Fund 3

HDFC Hybrid Equity Fund-Direct –Growth Hybrid - Aggressive Hybrid Fund 5

HDFC Capital Builder Value Fund -Regular- Growth Equity - Value Fund 3

ICICI Pru Balanced Advantage fund- regular-Growth Hybrid - Balanced Advantage 5

ICICI Pru value discovery Fund- Regular-Growth Equity - Value Fund 3

SBI Bluechip Fund-Direct- Growth Equity - Large Cap Fund 3

Ans: You may please continue with 4 and 5 star schemes; for the rest you can consider these:

Equity - Value Fund:

Tata Equity P/E Fund (Growth Option)
UTI Value Opportunities Fund- Growth Option
L&T India Value Fund Growth Option

Equity Multi Cap:

Motilal Oswal Multi Cap 35 – Growth
UTI Equity 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.

MoneyReply

You may like to see similar questions and answers below

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jun 10, 2022

Question by Pranabananda - Jun 10, 2022Hindi

Money

I am 48. Sir I have SIP in the following funds. Please let me know if I should continue or need to do any change in my investment. 1) ADITYA BIRLA SUN LIFE FRONTLINE EQUITY FUND-GROWTH Rs.1000 13.06.2016 (date) 2) DSP MID CAP FUND--GROWTH Rs.3000 12.06.2017 3) HDFC MID CAP OPPORTUNITIES FUND-GROWTH Rs.2000 20.12.2016 4) ICICI PRUDENTIAL VALUE DISCOVERY FUND-GROWTH Rs.1000 14.06.2016 5) MIRAE ASSET EMERGING BLUECHIP FUND-GROWTH Rs.1000 14.06.2016 6) MIRAE ASSET TAX SAVER FUND-GROWTH Rs.2000 19.12.2016 7) HDFC CHILDRENS GIFT FUND-GROWTH Rs.1000 13.06.2016 8) AXIS FLEXI CAP FUND-GROWTH Rs.3000 02.06.2021 9) MIRAE ASSET HYBRID-EQUITY FUND-GROWTH Rs.1500 02.06.2021 10) MIRAE ASSET MIDCAP FUND-GROWTH Rs.3000 05.07.2021 11) NIPPON INDIA SMALL CAP FUND -GROWTH Rs.1000 26.12.2017 Sir I have invested lump sum amount in the following funds. Please suggest whether to continue or exit. 1) ADITYA BIRLA SUN LIFE BANKING AND FINANCIAL Rs.50,000 22.08.2016 (date) Rs.79,647 (present value) SERVICES FUND-GROWTH 2) ADITYA BIRLA SUN LIFE FRONTLINE EQUITY Rs.50,000 22.08.2016 Rs.87,455 FUND-GROWTH 3) ADITYA BIRLA SUN LIFE SMALL CAP FUND-GROWTH Rs.100,000 29.06.2017 Rs.132,490 4) HDFC HYBRID EQUITY FUND-GROWTH Rs.120,273 01.06.2018 Rs.178,746 5) ICICI PRUDENTIAL BLUECHIP FUND-RETAIL-GROWTH Rs.20,042 22.02.2018 Rs.31,422 6) L&T INDIA VALUE FUND-GROWTH Rs.25,000 22.08.2016 Rs.48,505 7) L&T INDIA VALUE FUND-GROWTH Rs.150,000 17.04.2017 Rs.245,565 8) MIRAE ASSET TAX SAVER FUND-GROWTH Rs.25,000 22.08.2016 Rs.61,878 9) MIRAE ASSET TAX SAVER FUND-GROWTH Rs.105,000 28.04.2017 Rs.216,372 10) ADITYA BIRLA SUN LIFE PURE VALUE FUND-GROWTH Rs.50,000 06.11.2018 Rs.65,281 11) ADITYA BIRLA SUN LIFE TAX RELIEF 96-GROWTH Rs.100,000 06.11.2018 Rs.128,895 12) L&T EMERGING BUSINESS FUND-GROWTH Rs.100,000 13.12.2017 Rs.155,097 13) MIRAE ASSET BANKING & FINANCIAL Rs.264,987 16.12.2020(STP) Rs.273,346 SERVICES FUND-GROWTH 14) MIRAE ASSET BANKING & FINANCIAL Rs.50,000 23.11.2021 Rs.44,129 SERVICES FUND-GROWTH 15) MIRAE ASSET GREAT CONSUMER FUND-GROWTH Rs.180,000 13.12.2017 Rs.284,600 16) MIRAE HEALTHCARE FUND-GROWTH Rs.200,000 09.11.2018 Rs.401,429 17) MIRAE ASSET MIDCAP FUND-GROWTH Rs.235,462 9.12.2020(STP) Rs.280,601 18) NIPPON INDIA SMALL CAP FUND-GROWTH Rs.100,000 12.12.2017 Rs.178,693 19) TATA FLEXI CAP FUND-GROWTH Rs.100,000 09.11.2018 Rs.149,127 20) TATA INDIA CONSUMER FUND-PLAN A-GROWTH Rs.100,000 09.11.2018 Rs.141,382 21) UTI SMALL CAP FUND-GROWTH Rs.100,523 22.12.2020(STP) Rs.137,025

Ans: Too many funds, please consolidate it in 4 to 5 funds

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jul 23, 2020

Question by Vangapandu - Jul 23, 2020Hindi

Money

I AM INVESTING MONTHLY RS.2000 EACH IN THE FOLLOWING MUTUAL FUNDS 1) KOTAK STANDARD MULTICAP FUND GROWTH 2) KOTAK CORPORATE BOND FUND REGULAR SHALL I CONTINUE OR EXIT. KINDLY ADVISE.

Name of the Fund	Category	RankMF Star Rating	Recommendation
KOTAK STANDARD MULTICAP FUND GROWTH	Equity - Multi Cap Fund	2	SmartSwitch to UTI Equity Fund - Growth
KOTAK CORPORATE BOND FUND REGULAR	Debt - Corporate Bond Fund	4	Continue

Nikunj Saraf |308 Answers |Ask -Follow

Mutual Funds Expert - Answered on Aug 08, 2023

Question by narendra - Jun 17, 2023Hindi

Money

Hi i have invested lumpsum in following 12 funds please guide. Whether any funds to be removed and if any new funds to be added Quant Active Fund Growth 2.2 lakhs Canara Robeco Bluechip Equity fund Direct Growth 2 lakhs Pgim India midcap opportunities fund Direct Growth 2lakhs ICICI prudential commodities fund growth. 80,000 Parag Parikh flexi cap fund regular Growth. 90000 Quant Flexi Cap fund growth 90000 Kotak small cap fund regular Growth. 50000 Mahindra Manulife Multi cap fund regular Growth. 50000 Tata small cap fund Regular Growth 50000 Pgim India Midcap opportunities Fund Regular Growth 50000 Canara Robeco small cap Fund regular Growth 50000 Tata Digital India Fund Direct Growth 50000

Ans: Hello Narendra. The detailed overview of your MF portfolio indicates over-diversification with 20k SIP. Hence, I would suggest reconsidering, concising, and reshuffling your portfolio. As part of the portfolio reshuffle, make sure to have AMC diversification as well. Limit yourself to 1-2 schemes in each category. I can see several schemes in different categories for each AMC. I recommend reconsidering the scheme for Navi US scheme to better scheme in same category.

Sanjeev Govila |458 Answers |Ask -Follow

Financial Planner - Answered on Sep 20, 2023

Question by narendra - Aug 30, 2023Hindi

Money

Hi i have invested lumpsum in following 12 funds please guide. Whether any funds to be removed and if any new funds to be added Quant Active Fund Growth 2.2 lakhs Canara Robeco Bluechip Equity fund Direct Growth 2 lakhs Pgim India midcap opportunities fund Direct Growth 2lakhs ICICI prudential commodities fund growth. 80,000 Parag Parikh flexi cap fund regular Growth. 90000 Quant Flexi Cap fund growth 90000 Kotak small cap fund regular Growth. 50000 Mahindra Manulife Multi cap fund regular Growth. 50000 Tata small cap fund Regular Growth 50000 Pgim India Midcap opportunities Fund Regular Growth 50000 Canara Robeco small cap Fund regular Growth 50000 Tata Digital India Fund Direct Growth 50000 I need analysis on this whether to continue or close the mutual funds

Ans: Overall, you have over-diversified your investments. It is always better to invest in one or maximum two funds of the same category.

Although, all funds chosen by you have good fundamentals, but they carry a high level of risk with them. Without the risk profile and investment time horizon, it is difficult to comment on how long to stay invested in these funds. We should not only focus on funds’ performance but also our risk appetite and investment time horizon.

Special recommendation on sectoral/thematic funds are as follows:

Tata Digital India Fund Direct Growth: It invests primarily in companies related to digital technology and innovation in India. The fund has delivered average annual returns of 20.65% since inception. You may need to review it every six months or in case of any material change in the fund or industry. As of now, the fundamentals seem good, but sectoral funds come with very high risk.

ICICI Prudential Commodities Fund: It invests in equity-related securities of companies engaged in commodities and commodities-related sectors. The fund has delivered a higher return as compared with the category average, and should be reviewed every six months or in case of any material change in the industry.

Kirtan A Shah |77 Answers |Ask -Follow

MF Expert, Financial Planner - Answered on Sep 22, 2023

Question by narendra - Sep 15, 2023Hindi

Money

Hi i have invested lumpsum in following 12 funds please guide. Whether any funds to be removed and if any new funds to be added Quant Active Fund Growth 2.2 lakhs Canara Robeco Bluechip Equity fund Direct Growth 2 lakhs Pgim India midcap opportunities fund Direct Growth 2lakhs ICICI prudential commodities fund growth. 80,000 Parag Parikh flexi cap fund regular Growth. 90000 Quant Flexi Cap fund growth 90000 Kotak small cap fund regular Growth. 50000 Mahindra Manulife Multi cap fund regular Growth. 50000 Tata small cap fund Regular Growth 50000 Pgim India Midcap opportunities Fund Regular Growth 50000 Canara Robeco small cap Fund regular Growth 50000 Tata Digital India Fund Direct Growth 50000 I need analysis on this whether to continue or close the mutual funds

Ans: You dont need more than 4-5 funds. Exit the below funds,

- ICICI Commodities
- Quant Active
- Mahindra Multicap

Latest Questions

Nayagam P P |1582 Answers |Ask -Follow

Career Counsellor - Answered on Jul 08, 2024

Question by Veni - Jul 08, 2024Hindi

Career

Sir Is NIT,iiser,iist or niser best? Which is best

Ans: Veni, All are good. Where you should join depend upon your Interest / Career Goals. (1) IISER & NISER provide Research-Based Programs. (2) NITs Provides Engineering Programs, admission for which is through JEE-Main. (3) IIST conducts 2-UG, 1-Master & 16-PG Programmes. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |1582 Answers |Ask -Follow

Career Counsellor - Answered on Jul 08, 2024

Question by Sampath - Jul 08, 2024Hindi

Career

Hi Sir, my son got Electrical in IIT Bhubaneswar and CSE in NIT Trichy. Which one to opt

Ans: Sampath Sir, Prefer NIT-T-CSE. All the BEST for Your Son's Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |1582 Answers |Ask -Follow

Career Counsellor - Answered on Jul 08, 2024

Question by Reshav - Jul 08, 2024Hindi

Career

Hlo sir I am getting vit vallore civil Bits score 211 and chandigarh University cse Which is better?

Ans: Reshav, Prefer CU-CSE. Getting Engineering Stream will be difficult with BITS. Have VIT-V-Civil as last option. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |1582 Answers |Ask -Follow

Career Counsellor - Answered on Jul 08, 2024

Question by Kamran - Jul 08, 2024Hindi

Career

Dear sir I am getting MIT MANIPAL EEE, SRM KTR CSE, IPU GTBIT CS DS which one should I prefer

Ans: Kamran, prefer IPU-GTBIT-CS-DS, followed by SRM-KTR-CSE. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |1582 Answers |Ask -Follow

Career Counsellor - Answered on Jul 08, 2024

Asked by Anonymous - Jul 08, 2024Hindi

Career

I am getting cse in MIT wpu and ENTC in Cummins pune but if I will be in Cummins I will take additional degree of IIT Guwahati bsc in AI and DS so which sounds better option

Ans: Additional Degree of IIT-Guwahati BSC-AI&DS Means? What about the Total Duration of the Course You Will Join in CUMMINIS (EnTC + BSc)? Total Number of Semesters for Both? Which This Combination Started by Cummins? What about the Placements? Please clarify.

Nayagam P P |1582 Answers |Ask -Follow

Career Counsellor - Answered on Jul 08, 2024

Asked by Anonymous - Jul 08, 2024Hindi

Career

Sir according to you which is better bmsce (cse+Bs) OR msrit (cse+cy) OR uvce (cse core) Pls tell me

Ans: Please note, (1) The goal of CSBS programs is to provide students with a strong foundation in both technical and business skills, preparing them for careers that require a combination of technical expertise and business acumen. (2) Graduates of CSBS programs may pursue careers in areas such as technology consulting, project management, entrepreneurship, or positions that require a blend of technical and business skills. If interested in this Curriculum, this should be the first option, followed by MSRIT (CSE-Cyber) & then UVCE-CSE-Core. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Mihir Tanna |860 Answers |Ask -Follow

Tax Expert - Answered on Jul 08, 2024

Question by Amit - Jun 25, 2024Hindi

Money

Hi Sir, I received leave encashment this year from my employer but because of non submission of certain documents they didn't add to my form 16 and currently they're saying books closed so no amendment is possible. In this situation since my tax liability increase to a huge extent, Should I consider adding this exemption in my ITR? if employer provides me with exact value of exempt that was possible in my case if I would have furnished asked documents. Thank you

Ans: If you are eligible for particular exemption and if same is not considered by employer on non-submission of documents, you can consider it while filing ITR. However, due to mismatch in Form 16 and ITR, income tax department may issue notice and verify correctness of the same.

Dev Ashish |48 Answers |Ask -Follow

MF Expert, Financial Planner - Answered on Jul 08, 2024

Asked by Anonymous - Jul 08, 2024Hindi

Money

I am 28 years old unmarried currently holding salary of 64000 & investing 2000 in less & 500 in small cap fund..How much more investment required to secure future and generate a corpus of 4cr till 2044

Ans: For a target of Rs 4 Crore in the next 20 years, you need to invest about Rs 30-38,000 monthly assuming average returns of 10-12% per annum and that you will be able to increase your monthly investments by at least 5% each year in line with income/salary growth.

So given that you are investing about Rs 2500 in mutual funds each month right now, you will have to significantly increase this monthly contribution amount if you want to reach your target corpus.

We don't have information about your risk appetite. But assuming that it is at least moderately aggressive, then, you can start investing in a combination of largecap index funds, flexicap/large&midcap funds, midcap funds, etc.

Thanks
Dev Ashish,
SEBI Registered Investment Advisor (Fee-Only RIA)
Founder, StableInvestor.com
Twitter (@Stableinvestor)

Note (Disclaimer) - As a SEBI RIA, I cannot comment on specific schemes/funds that are provided or asked for in the questions in the platform. The views expressed above should not be considered professional investment advice or advertisement or otherwise. No specific product/service recommendations have been made and the answers here are for general educational purposes only. The readers are requested to take into consideration all the risk factors including their financial condition, suitability to risk-return profile and the like and take professional investment advice before investing.

Dev Ashish |48 Answers |Ask -Follow

MF Expert, Financial Planner - Answered on Jul 08, 2024

Question by Om - Jul 08, 2024Hindi

Money

Hello Sir, My aim to generate 25L in next 5 years thru Mutual funds and have started 5 SIP of 3000 each in these fund , 1. 1. Axis Bluechip Fund (Direct Growth), 2. Nippon India Large Cap (Direct Growth), 3. HDFC Small Cap (Direct Growth), 4. Parag Parikh Flexi Cap (Direct Growth), 5. Canara Robecco ELSS tax saver (Direct Growth). Please advise whether this funds are enough to generate the required corpes or I need to invest more.

Ans: For a target of Rs 25 lakh in the next 5 years, you need to invest about Rs 25-31,000 monthly assuming average returns of 10-12% per annum.

Right now you are doing Rs 15,000 monthly across 5 funds (with 3K SIP). So unless the returns generated by your funds are a lot more than that, it will be difficult to reach the target amount.

So you should try and invest as close as possible to the calculated amount of Rs 25-31,000 monthly. And assuming a reasonable salary growth and controlled expenses, you should try to increase the monthly investments each year in line with your income growth.

Thanks
Dev Ashish,
SEBI Registered Investment Advisor (Fee-Only RIA)
Founder, StableInvestor.com
Twitter (@Stableinvestor)

Note (Disclaimer) - As a SEBI RIA, I cannot comment on specific schemes/funds that are provided or asked for in the questions in the platform. The views expressed above should not be considered professional investment advice or advertisement or otherwise. No specific product/service recommendations have been made and the answers here are for general educational purposes only. The readers are requested to take into consideration all the risk factors including their financial condition, suitability to risk-return profile and the like and take professional investment advice before investing.

Ravi Mittal |243 Answers |Ask -Follow

Dating, Relationships Expert - Answered on Jul 08, 2024

Asked by Anonymous - Jul 06, 2024Hindi

Relationship

Hi. I have a live in partner for almost 9 years now. But unfortunately he has to go for an arranged marriage this year. My heart is broken into pieces. He still want me to stay after his marriage because we both live abroad. He plan to keep his wife with his parents in India and live with me. I love him so much. I was also aware since we started our relationship that we have no future together and I agree with that. Now that the time has finally come, I’m so much in pain. I don’t know what to do. Please help.

Ans: Dear Anonymous,

I don't think I have to tell you that what your ex-partner is planning is exceptionally wrong. Wrong to his new wife, wrong to you. The only one gaining from this situation is him. He gets to keep his parents' wishes and his own. But that is not how life works, does it? I hope you understand that accepting his proposition would make you an accomplice to this terrible plan. I hope you make the right choice and trust me, there is only one right choice here. And where there is such an easy distinction between right and wrong, there is no excuse to make the wrong choice.

Best Wishes.

See more questions »

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.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x