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

Nikunj Saraf | Answer |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 | Answer |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 | Answer |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

Patrick Dsouza |822 Answers |Ask -Follow

CAT, XAT, CMAT, CET Expert - Answered on Oct 08, 2024

Asked by Anonymous - Sep 20, 2024Hindi

Career

Hello, I have completed BCOM degree specialised in accounting and finance also has certificate of US CMA thinking of continuing MCOM in India. Later I want to go abroad. Could you recommend what can I study further or should I apply for jobs there?

Ans: Mcom in India is not very useful. Can help to complete 16 years of education for US universities. To go to US, do both - apply for job and for studies. Wherever you get better option can take it up.

Patrick Dsouza |822 Answers |Ask -Follow

CAT, XAT, CMAT, CET Expert - Answered on Oct 08, 2024

Asked by Anonymous - Oct 07, 2024Hindi

Career

I am in 2nd year (3rd semester )of MBA in healthcare management .I don't want to study further .What should I do ?

Ans: Look for jobs in your area. Contact your alumni, contact some placement agencies, look out for openings in the companies that you are interested in.

Patrick Dsouza |822 Answers |Ask -Follow

CAT, XAT, CMAT, CET Expert - Answered on Oct 08, 2024

Asked by Anonymous - Oct 08, 2024Hindi

Career

Hi krishna, I wana restart my career and i need an advise. Hope you can try to help me! Im 30 now, I persuaded my btech csc and passed out year was 2015. After that i did two years a small job in bpo and then im married and left the country with my husband, after 2 years i had a baby and corona time, all these years i was busy with personal life and stuff. And now we are back to hyd and wana start my career but i have never been interested in IT career , since i did a graduation in that my family is forcing me to join in that field again which i cant, iam always interested in studying mba in abroad and none are encouraging me because i have a kid... and now i dont know what to do... its really hard for me now to choose what to do ... if you can please give a word for me, thanks

Ans: One option would be to do some short term courses like Digital Marketing or on Finance that could fetch you job in those areas. Another option would be to do correspondence professional courses like CFA and simultaneously work in that area.

Moneywize |166 Answers |Ask -Follow

Financial Planner - Answered on Oct 08, 2024

Asked by Anonymous - Oct 06, 2024Hindi

Money

I’m Suresh from Ahmedabad. I’m 47 with one daughter, aged 15. I’ve been investing Rs 50,000 a month in equity mutual funds for the last 5 years. My goal is to accumulate Rs 2 crore for my daughter's education and our retirement. Am I on track, or do I need to adjust my portfolio?

Ans: Let's analyze your investment scenario and suggest possible adjustments:

Current Situation:

• Investment: Rs 50,000 monthly in equity mutual funds
• Tenure: 5 years
• Goal: Rs 2 crore for daughter's education and retirement
• Time Horizon: Assuming retirement in 20 years (when your daughter is 35)

Analysis:

• Accumulated Amount: Considering an average annual return of 12% (which is reasonable for equity funds over a long term), you would have accumulated approximately Rs 58.5 lakhs after 5 years.
• Gap to Goal: To reach Rs 2 crore in 15 years (remaining till retirement), you'd need an annual return of around 15%, which is achievable but might involve some volatility.

Recommendations:

• Increase Investment: To bridge the gap and account for potential market fluctuations, consider increasing your monthly investment by 15-20% to Rs 60,000-65,000.
• Review Portfolio: Ensure your equity fund portfolio is well-diversified across different sectors and market caps. This helps mitigate risk and capture potential growth opportunities.
• Consider Debt Funds: As your retirement nears, gradually allocate a portion of your investments (around 20-30%) to debt funds or hybrid funds. This provides some stability and reduces overall risk.
• Emergency Fund: Maintain an emergency fund of 3-6 months of your expenses in a liquid savings account or short-term debt funds to cover unexpected expenses.
• Regular Review: Review your portfolio periodically (at least annually) to assess its performance against your goals and make necessary adjustments.
• Remember: Investing in equity funds involves market risk, and returns are not guaranteed. It's essential to stay disciplined, invest for the long term, and consult with a financial advisor if needed.

Disclaimer: This analysis is based on assumptions and general market trends. It's always advisable to seek personalized advice from a qualified financial planner.

Dr Karthiyayini Mahadevan |1105 Answers |Ask -Follow

General Physician - Answered on Oct 08, 2024

Question by Rajesh - Sep 09, 2024Hindi

Health

Is GERD medications is life long medicine. Because when I stopped PPI after few days I feel bloated and feeling discomfort in stomach?

Ans: PPI cannot be for life long
Please consult a Nutritionist and undertake the dietary discipline

Dr Karthiyayini Mahadevan |1105 Answers |Ask -Follow

General Physician - Answered on Oct 08, 2024

Asked by Anonymous - Sep 07, 2024Hindi

Health

Should patient with high cholestrol stabilised with statin 20mg continue medicine after his cholestrol levels have reduced with in limits. Does statin medicines taken for long period say above 2 years have adverse effect by reducing testosterone levels and cause erectile dysfunction to patient.

Ans: Station break down muscle protein
Definitely it brings down the muscular capacity and skills

Dr Karthiyayini Mahadevan |1105 Answers |Ask -Follow

General Physician - Answered on Oct 08, 2024

Asked by Anonymous - Oct 05, 2024Hindi

Health

I am 46 years old man. I feel giddy throughout the day. Sometimes I feel I will fall down. My legs stars paining hands shiver. Also I feel frightened. What is this cause. I take daily telmabeta 50 one in morning. Pls help.

Ans: How long are you on this medication?
Please check your BP an hour after medication
Fix a particular time preferrably 8 am to have your medicine
Get your Blood sugars checked

Mayank Chandel |1914 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Oct 08, 2024

Asked by Anonymous - Oct 01, 2024Hindi

Career

My score is 275 can i and my domicile is bihar can i get a good private medical college under total budget of up to 75 lakh including all the expenses hostel, and other charges? If yes then which college are they??

Ans: Hi
there are chances of getting a college at this score.
Narayan Medical College & Hospital, Sasaram
Lord Buddha Koshi Medical College and Hospital, Saharsa
Shree Narayan Medical Institute and Hospital,

Dr Karthiyayini Mahadevan |1105 Answers |Ask -Follow

General Physician - Answered on Oct 08, 2024

Asked by Anonymous - Oct 02, 2024Hindi

Health

My HbA1C is 6.3 and my fasting blood glucose is 94. Should I consult a doctor?

Ans: Look into lifestyle modifications

Dr Karthiyayini Mahadevan |1105 Answers |Ask -Follow

General Physician - Answered on Oct 08, 2024

Question by Shah - Oct 02, 2024Hindi

Health

How we can clear triglyceride / bad cholesterol naturally from Blood Pl advise food / practices / diet etc.. Is consuming Ginger 1 kadi per day is good for this ?

Ans: Dietary discipline
Avoid deep fried food
Have early dinner by 6 pm
No refined carb and sugars
Regular brisk walks

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