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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jan 14, 2022

Mutual Fund Expert... more

Question by Biraj on Jan 14, 2022Hindi

Money

I am a newbie and read your articles regarding mf investments and also great fan of yours.

I would like to make 1Cr. in next 15 years.

I am 43 years old started making SIP in following funds.

Kindly correct me in case of switch to required better funds.

Mutual Funds Amount

1. BNP Paribas India consumption growth fund eqity 2500

2. Hdfc banking and financial service growth fund equity 2000

3. ICICI Prudencial flexi cap fund growth 1000

Ans: You would need SIP of Rs 18K to achieve the required target in 15 years.

The funds that may be considered are:

Mutual Funds	Plan
Dsp Focus Fund	Growth
Axis Esg Equity Fund	Growth
Motilal Oswal S&p 500 Index Fund	Growth
Uti Flexi 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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My age is 51 years. I have the following investments in MF through SIPs. Kindly advise me, details below: Mutual Fund Start SIP Amount ABSL Equity Advantage Fund-Growth Oct-14 2000 ABSL Frontline Equity Fund-Growth Sep-18 2000 Canara Robeco Emerging Equities- Sep-18 3000 Stopped Canara Robeco Emerging Equities- Jan-22 3000 ICICI-Prudential Long Term Plan ELSS Jan-11 2000 Nippon India Multi cap Value Fund Nov-13 2000 Sundaram Mid Cap fund Regular Oct-13 2000 SAMCO Flexi fund Feb-22 10000 One time

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Head, Rank MF - Answered on Aug 03, 2022

Question by Thippeswamy - Aug 03, 2022Hindi

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My age is 51 years. I have the following investments in MF through SIPs. Kindly advise me, details below: Mutual Fund Start SIP Amount ABSL Equity Advantage Fund-Growth Oct-14 2000 ABSL Frontline Equity Fund-Growth Sep-18 2000 Canara Robeco Emerging Equities- Sep-18 3000 Stopped Canara Robeco Emerging Equities- Jan-22 3000 ICICI-Prudential Long Term Plan ELSS Jan-11 2000 Nippon India Multi cap Value Fund Nov-13 2000 Sundaram Mid Cap fund Regular Oct-13 2000 SAMCO Flexi fund Feb-22 10000 One time

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Head, Rank MF - Answered on Dec 07, 2022

Question by Pavan - Dec 07, 2022Hindi

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I have been investing in the below mentioned MF SIP schemes my goal is to have 1CR by the time i am 50 yrs my doubts are: 1. Is the below MF enough or is it too much? If i have to close some funds which ones to close? 2. I have a housing loan of 65 lakh can i use the MF investment to clear the same? My MFs are as below: HOLDINGS AS ON 1st November 2022 Scheme Name Invested Value Current Value Returns XIRR HDFC Retirement Savings Fund Equity Plan Direct Growth 14999.24 16559.71 1560.477307 16.43% UTI Long Term Equity Fund Direct Growth 19498.88 20326.63 827.7535724 7.16% Parag Parikh Flexi Cap Fund Direct Growth 14999.2 15473.93 474.7245131 4.92% Motilal Oswal Asset Allocation Passive FoF Aggressive Direct Growth 999.95 1052.04 52.0888116 4.48% IDFC Tax Advantage (ELSS) Direct Plan Growth 13999.37 15039.63 1040.257178 12.98% Kotak Bluechip Fund Direct Growth 19499.65 20814.18 1314.536521 11.31% Canara Robeco Equity Tax Saver Direct Growth 13999.17 14879.03 879.8574 10.95% Kotak Tax Saver Fund Direct Growth 27998.71 30544.75 2546.042107 15.29% Aditya Birla Sun Life Corporate Bond Fund Direct Growth 32498.55 33342.47 843.9236482 4.44% Mirae Asset Tax Saver Fund Direct Growth 29998.51 31241.27 1242.76146 6.81% Canara Robeco Equity Hybrid Fund Direct Growth 13998.83 14727.89 729.06493 9.12% Kotak Multicap Fund Direct Growth 12999.35 14462.41 1463.060518 19.21% SBI Balanced Advantage Fund Direct Growth 20999.01 22217.09 1218.079844 9.96% UTI Flexi Cap Fund Direct Growth 32498.81 32324.14 -174.6719205 -0.87% SBI Multi Asset Allocation Fund Direct Growth 27998.57 29453.48 1454.907578 9.19% Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 2026 60:40 Index Fund Direct Growth 11999.4 12200.07 200.666444 3.01%

Ans: Further details required

Present age

Monthly Investment / SIP

There is no need to disclose your folio numbers.

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

Question by Ghosal - Dec 12, 2023Hindi

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I am 43 years now wish to generate 3.5 cr in next 15 years throuh MF SIPs suggest funds and amont to be invested . Ongoing SIPs as under Canara robeco hybrid equity fund 1000, mirae asset emerging blue chip fund 1000 sbi magnum global 2000, sbi focused equity fund 1500, sbi multicap fund 1000,sbi magnum child 1500, icici value discovery fund 3000

Ans: To reach your goal of 3.5 crore in 15 years, adjust your ongoing SIPs by increasing contributions to equity funds with proven track records. Allocate a significant portion to large-cap, mid-cap, and multicap funds for balanced growth potential. Consider increasing SIP amounts gradually, ensuring they align with your risk appetite and investment horizon. Regularly review and rebalance your portfolio to optimize returns and manage risk effectively. Consulting a financial advisor for personalized advice tailored to your specific needs and goals can be beneficial.

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Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2024

Question by Ghosal - Dec 18, 2023Hindi

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I am 43 years now wish to generate 3.5 cr in next 15 years throuh MF SIPs suggest funds and amont to be invested . Ongoing SIPs as under Canara robeco hybrid equity fund 1000, mirae asset emerging blue chip fund 1000 sbi magnum global 2000, sbi focused equity fund 1500, sbi multicap fund 1000,sbi magnum child 1500, icici value discovery fund 3000

Ans: Dear Ghosal,

To achieve your goal of generating ?3.5 crore in 15 years through MF SIPs, consider increasing your SIP amounts and diversifying your portfolio. Allocate funds across equity and hybrid funds for growth potential and risk management. Suggested additions may include Axis Bluechip Fund, HDFC Mid-Cap Opportunities Fund, and ICICI Prudential Balanced Advantage Fund. Consult with a financial advisor for personalized recommendations tailored to your risk profile and investment objectives.

Best regards,
Ramalingam, MBA, CFP
Chief Financial Planner

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Ans: Dear Anonymous,

I am assuming that whatever your wife confessed happened before you met her. And assuming that I want to ask you, are you seriously mad at your partner for having a life before you even existed for her? Is that even something to be concerned about? Everyone has a past. If you did not, that's your choice. She did, that's hers. How can you judge her for something that happened before you two got married? This anger, no matter how real it feels, is quite baseless. You are ruining your peace and marriage for nothing.

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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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