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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Jan 06, 2021

Mutual Fund Expert... more
Subhojit Question by Subhojit on Jan 06, 2021Hindi
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Please let me know if my mutual fund investments are correct.

I have SIP of 25k total going into following funds/month.

1. DSP small cap fund - regular plan - growth

2. Franklin India Equity Fund - Direct - growth

3. ICICI Prudential Value Discovery Fund - Direct - growth

4. Mirae Asset Large Cap Fund - Direct - growth

5. Quantum Long Term Equity Value Fund - Direct - Growth

6. Aditya Birla Sunlife Tax Relief 96 Fund - Direct - Growth

7. Canara Robeco Equity Diversified Fund - Regular- Growth

8. IDFC Multicap Fund - regular - Growth.

Ans: Can continue with Canara, Mirae, ICICI

Rest can be consolidated into:

Uti Equity Fund-growth Plan-growth

Axis Bluechip Fund - Growth

DSP Mid -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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Mutual Funds, Financial Planning Expert - Answered on Apr 24, 2024

Asked by Anonymous - Aug 07, 2023Hindi
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I have invested in the following Mutual Funds, One time & SIP - Are these funds good or any changes required, please advise. Fixed:- ICICI/ India Opportunities Fund - Growth Rs.2,50,000 ICICI/ Value Discovery Fund - Growth Rs.2,50,000 ICICI / Transporation & Logistics Fund - Rs. 2,00,000 SIP:- Axis Flexi Cap Fund - Regular Plan - Growth Rs.5,000 Canara Robeco Emerging Equities - Regular Plan - Growth Rs.5,000 Aditya Birla SL Focused Equity Fund(G) Rs.5,000 HDFC Mid-Cap Opportunities Fund(G) Rs.5,000 ICICI Pru Bluechip Fund(G) Rs.5,000 Axis Small Cap Fund - Regular Plan - Growth Rs.5,000 ICICI Prudential Technology Fund - Growth Rs.5,000 L&T Midcap Fund - HSBC Midcap Fund Rs.5,000 ICIPRU Multi-Asset Fund - Growth Rs.5,000 ICIPRU Value Discovery Fund - Growth Rs.5,000
Ans: Let's review your Mutual Fund investments, both one-time and SIPs, to ensure they align with your financial goals and risk profile.

One-time Investments:

ICICI India Opportunities Fund:
This fund aims to capitalize on diverse investment opportunities across sectors and market capitalizations. It can be suitable for investors seeking broad-based exposure to Indian equities.
ICICI Value Discovery Fund:
This fund focuses on identifying undervalued stocks with the potential for growth, emphasizing a value investing approach. It can be suitable for investors with a long-term horizon and a value-oriented mindset.
ICICI Transportation & Logistics Fund:
This sector-specific fund focuses on the transportation and logistics sector in India. Sector funds can be volatile and are typically suitable for investors with a higher risk tolerance and a deep understanding of the sector.
SIP Investments:

Axis Flexi Cap Fund:
This fund offers flexibility to invest across market caps, providing diversification and potential for growth. It aligns well with a diversified equity portfolio.
Canara Robeco Emerging Equities Fund:
This fund focuses on emerging companies with high growth potential, emphasizing mid and small-cap segments. It can be suitable for investors seeking aggressive growth.
Aditya Birla SL Focused Equity Fund:
This fund follows a focused approach, investing in a limited number of high-conviction stocks. It can be suitable for investors seeking concentrated exposure to potential growth opportunities.
HDFC Mid-Cap Opportunities Fund:
This fund focuses on the mid-cap segment, aiming to capitalize on the growth potential of mid-sized companies. It can be suitable for investors with a higher risk tolerance and a focus on mid-cap growth.
ICICI Pru Bluechip Fund:
This fund predominantly invests in large-cap stocks, aiming to provide stability and consistent returns. It can be suitable for investors seeking stability with exposure to large-cap companies.
Axis Small Cap Fund:
This fund focuses on the small-cap segment, emphasizing high growth potential but also higher volatility. It can be suitable for aggressive investors with a long-term horizon.
ICICI Prudential Technology Fund:
This sector-specific fund focuses on the technology sector, aiming to capitalize on the growth of the IT industry. It can be suitable for investors bullish on the technology sector.
L&T Midcap Fund:
This fund focuses on the mid-cap segment, similar to HDFC Mid-Cap Opportunities Fund. Ensure you are comfortable with the allocation to mid-cap stocks given their higher volatility.
ICIPRU Multi-Asset Fund:
This fund offers diversified exposure across asset classes, including equities, debt, and commodities. It can be suitable for investors seeking balanced growth and diversification.
ICIPRU Value Discovery Fund:
Similar to the one-time investment in ICICI Value Discovery Fund, this fund follows a value-oriented approach. Ensure you are comfortable with the concentration in value stocks.
Recommendations:

Review Sector Funds:
Consider reviewing your allocation to sector-specific funds like ICICI Transportation & Logistics Fund and ICICI Prudential Technology Fund. Sector funds can be volatile and may require a deep understanding of the sector.
Diversification:
Ensure your portfolio is well-diversified across market caps, sectors, and investment styles to manage risk effectively.
Regular Reviews:
Periodically review your portfolio's performance and make necessary adjustments to ensure it remains aligned with your financial goals, risk tolerance, and market conditions.
Consultation:
Consider consulting with a Certified Financial Planner to personalize your investment strategy, ensure diversification, and navigate market dynamics effectively.
Conclusion:

Your Mutual Fund portfolio is diversified with exposure to various market segments, sectors, and investment styles. Ensure you are comfortable with the risk associated with sector-specific funds and consider regular reviews to align with your financial goals.

Embrace this journey with confidence, patience, and discipline. Regularly review your portfolio's performance and make necessary adjustments to ensure it remains aligned with your long-term financial goals.

Remember, investing is a marathon, not a sprint. Stay focused on your goals, maintain discipline, and may your investments flourish over time.

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Ramalingam

Ramalingam Kalirajan  |6999 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Asked by Anonymous - Apr 23, 2024Hindi
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Hello Madam, please review & advise on my mutual fund portfolio. SIP of 5000 each in UTI Nifty 50 index fund, Parag Parikh flexicap, Quant flexi cap & 3000 each in ICICI Midcap 150 index fund & Kotak large 7 midcap fund. All Started since 4 months, current age 42 & can do SIP for 2-3 years & plan to keep the accumulated amount as it is for next 5 years. I have some investments in equity shares(25%), SGB(25%) & FD's(50%) as well. Expecting to retire in next 6-7 years. Thanks
Ans: It's great to see you diversifying your investments through mutual funds. Let's review your portfolio and provide some guidance.

Starting with your SIPs, investing 5000 each in UTI Nifty 50 index fund, Parag Parikh flexicap, and Quant flexi cap offers a balanced approach across different market segments. These funds provide exposure to large-cap, flexi-cap, and multi-cap segments, respectively, allowing for diversification and potential growth opportunities.

Adding 3000 each in ICICI Midcap 150 index fund and Kotak large & midcap fund introduces exposure to mid-cap stocks, which have the potential for higher growth but also come with increased risk. Given your investment horizon of 2-3 years for SIPs and plans to keep the accumulated amount for the next 5 years, it's essential to monitor these funds closely, considering the market conditions and fund performance.

It's commendable that you have investments in equity shares, Sovereign Gold Bonds (SGBs), and fixed deposits (FDs) as well. This diversification helps spread risk and aligns with your retirement goals.

Considering your current age of 42 and the plan to retire in the next 6-7 years, it's crucial to regularly review and rebalance your portfolio to ensure it remains aligned with your financial objectives and risk tolerance.

As you approach retirement, consider gradually shifting your portfolio towards more conservative investments to protect your capital and generate stable income streams.

Overall, your mutual fund portfolio seems well-diversified, considering your investment horizon and retirement goals. However, it's advisable to periodically reassess your portfolio and make adjustments as needed based on changing market conditions and personal circumstances.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |6999 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 11, 2024

Asked by Anonymous - May 11, 2024Hindi
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Dear sir, I am 36. I am investing 25k SIP every month for last 5 months in 9 mutual funds, 1. UTI nifty 50, 2. HDFC balanced advantage fund, 3. HDFC mid cap, 4. Quant mid cap, 5. Kotak tax saver fund, 6 Noppon india small cap fund, 7. Mirae Asset mid cap fund, 8. Prag parikh flexy cap fun, 9. SBI mid cap & large cap fund. Can you please help me with your advice if i am doing right ot i need to make changes and also can you please suggest how much amount i should allocate each fund? Thanks for your valuable time and your advice in advance.
Ans: It's great to see your proactive approach to investing, especially at the age of 36. Investing through SIPs in mutual funds is a smart way to build wealth over the long term. Let's assess your current investment strategy and see if any adjustments are needed.

Firstly, investing in nine mutual funds might be excessive and could lead to over-diversification. Managing too many funds can be challenging and may not necessarily lead to better returns. It's generally recommended to have a focused portfolio with a smaller number of well-chosen funds.

Secondly, your portfolio seems to have a tilt towards mid-cap and small-cap funds, which can be riskier compared to large-cap funds. While these funds have the potential for higher returns, they also come with increased volatility. It's essential to ensure that your portfolio aligns with your risk tolerance and investment goals.

As a Certified Financial Planner, I suggest streamlining your portfolio by consolidating your investments into fewer funds that cover a broader spectrum of the market. Consider retaining one or two well-performing funds from each category (large-cap, mid-cap, small-cap, etc.) to achieve diversification while keeping things manageable.

Regarding allocation, it's crucial to align your investments with your risk profile and financial goals. A common approach is to allocate a higher percentage to large-cap funds for stability and then allocate smaller portions to mid-cap and small-cap funds for growth potential. However, the exact allocation would depend on factors like your risk tolerance, investment horizon, and overall financial situation.

I recommend consulting with a Certified Financial Planner who can conduct a detailed analysis of your financial goals and risk profile to provide personalized advice on asset allocation and fund selection.

In conclusion, while your initiative to invest through SIPs is commendable, refining your portfolio and asset allocation can optimize your returns and reduce unnecessary complexity.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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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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