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Nikunj

Nikunj Saraf  | Answer  |Ask -

Mutual Funds Expert - Answered on May 22, 2023

Nikunj Saraf has more than five years of experience in financial markets and offers advice about mutual funds. He is vice president at Choice Wealth, a financial institution that offers broking, insurance, loans and government advisory services. Saraf, who is a member of the Institute Of Chartered Accountants of India, has a strong base in financial markets and wealth management.... more
Rajneesh Question by Rajneesh on May 12, 2023Hindi
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Hi Nikunj ji, I have the following SIPs running SBI Contra Fund: 10000 per month SBI Small Cap: 15000 per month Quant Small Cap: 25000 per month Quant Mid Cap: 10000 per month Quant Flexi Cap: 10000 per month Canara Robeco Emerging Equities: 2500 per month Mirae Asset Emerging Blue chip: 2500 per month Parag Parikh Flexi Cap: 10000 per month Axis Small Cap: 5000 per month Axis Blue Chip: 5000 per month Axis Mid Cap: 10000 per month Total investment: 105000 per month I already have about 14 lac accumulated in these schemes. My investment horizon is another 7 yrs. Please suggest whether I am going with the right schemes or do i need to execute some correction or addition. Also please suggest that with a conservative idea, how much wealth creation can I expect by this monthly investment of about 1 lac. I have another 10-15k buffer which I can invest on a monthly basis of you suggest any other good scheme.

Ans: Hello Rajneesh. Your portfolio seems to be over-diversified, which may have a negative effect in the long run. . It would be better to reconcise and reshuffle your portfolio. Based on the analysis of your portfolio, I recommend setting your schemes in accordance with your goals. The number of schemes recommended per category is limited to two if there are few categories. Furthermore, with 1.05 Lakh monthly sip, you may achieve a corpus of 1.39 Crores in 10 years with 12% CAGR.
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

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Would like to get advice on the following schemes that I have invested myself in monthly SIPs. I have done some analysis on the annualised return that I have made on these starting from 2015. Also I have given the portfolio allocation % in the attached file in col B. Please if you can advise on which schemes I should get rid of, further invest, continue with no further investment. Name of the Fund Category RankMF Star Rating Axis Long Term Equity Fund - Gr Equity - ELSS 5 Axis MidCap Fund - Gr Equity - Midcap Fund 4 Axis Multicap Fund - Gr Equity - Multi Cap Fund 5 DSP Tax Saver Fund - Gr Equity - ELSS 4 Kotak Bluechip Fund - Gr Equity - Large Cap Fund 4 Aditya Birla Sun Life Frontline Equity Fund - Gr Equity - Large Cap Fund 4 Aditya Birla Sun Life MNC Fund Gr Equity - Thematic Fund - MNC 4 DSP Equity Opportunities Fund - Gr Equity - Large & Midcap Fund 4 Kotak Standard Multicap Fund - Gr Equity - Multi Cap Fund 4 SBI Magnum Global Fund - Gr Equity - Thematic Fund - MNC 4 Tata Midcap Growth Fund - Gr Equity - Midcap Fund 3 HDFC Top 100 Fund - Gr Equity - Large Cap Fund 4 IDFC Multi Cap Fund - Regular Plan- Gr Equity - Multi Cap Fund 4 Nippon India Growth Fund - Gr Equity - Midcap Fund 2 Aditya Birla Sun Life Equity Advantage Fund - Gr Equity - Large & Midcap Fund 4 Aditya Birla Sun Life Equity Fund - Gr Equity - Multi Cap Fund 4 Aditya Birla Sun Life Tax Relief 96 Fund - Gr Equity - ELSS 4 DSP Midcap Fund - Reg Gr Equity - Midcap Fund 5 HDFC Balanced Advantage Fund Gr Hybrid - Balanced Advantage 4 HDFC Equity Fund - Gr Equity - Multi Cap Fund 4 HDFC Midcap Opportunities Fund- Gr Equity - Midcap Fund 3 Invesco India Midcap Fund - Gr Equity - Midcap Fund 3 Kotak Emerging Equity Fund - Gr Equity - Midcap Fund 4 Motilal Oswal Multicap 35 Fund - Gr Equity - Multi Cap Fund 5 Nippon India Vision Fund Gr Equity - Large & Midcap Fund 2 Sundaram Midcap Fund - Gr Equity - Midcap Fund 3 Tata Equity P/E Fund Gr Equity - Value Fund 5 DSP Small Cap Fund - Gr Equity - Small cap Fund 2 Kotak India Growth Fund Series 4 - Gr Close ended Scheme - L&T India Value Fund - Gr Equity - Value Fund 3 L&T Midcap Fund - Gr Equity - Midcap Fund 3 Nippon India Small Cap Fund - Gr Equity - Small cap Fund 2 Nippon India Tax Saver Fund - Gr Equity - ELSS 2 Aditya Birla Sun Life Pure Value Fund - Gr Equity - Value Fund 2 HDFC Small Cap Fund - Gr Equity - Small cap Fund 2 L&T Emerging Businesses Fund - Gr Equity - Small cap Fund 2
Ans: You may continue with 4 & 5-Star rated ones and rest can be relooked.

Equity Value Funds:

  • Tata Equity PE fund
  • UTI value opportunity funds

Midcaps: Suitable options considering quality and value for money are:

  • Motilal Oswal Midcap 30
  • DSP Midcap
  • Kotak Emerging Equity Fund
  • Small Cap
  • Kotak Small Cap
  • Axis Small Cap 

..Read more

Ramalingam

Ramalingam Kalirajan  |6558 Answers  |Ask -

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

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Hello Sir, Hope you are doing good. My current age 35, I am planning to invest as SIP 60K monthly for 15 years. My goal is 2 crore after 15 years. Below are the schemes I choose. Kindly review and suggest changes if any Midcap Fund Motilal Oswal Midcap Fund Direct-Growth 4K, Mahindra Manulife Mid Cap Fund Direct - Growth 4K, Smallcap Fund Axis small cap direct growth 4k, Canara robecco small cap 4K, quant small cap 4K, Nippon small cap 4K, Mid and Largecap Mirae Asset Emerging Bluechip fund 4K, Axis Growth Opportunities Fund Direct - Growth 4K, Multicap Mahindra Manulife Multi Cap Fund Direct - Growth 4K, HDFC Multi-Cap Fund Direct - Growth - 4K, Mirae Asset Multicap Fund Direct - Growth 4k, Canara Robeco Multi Cap Fund Direct - Growth 4K, Flexi Parag Parikh Flexi Cap Fund Direct-Growth 4K, Quant Flexi Cap Fund Direct-Growth 4K, Value Tata Equity PE Fund Direct-Growth - 4K
Ans: Reviewing and Optimizing Your Mutual Fund Portfolio
It's great to hear from you! Let's review your chosen mutual fund schemes and ensure they align with your investment goals and risk profile.

Acknowledging Your Investment Goals
Genuine Compliments: Your proactive approach towards investing for your future is truly commendable, especially at the age of 35.

Empathy and Understanding: I understand that achieving a corpus of 2 crore in 15 years is a significant financial goal, and it requires a carefully crafted investment strategy.

Evaluating Selected Schemes
Diversification: Your selection of funds across different categories reflects a desire for diversification, which is crucial for managing risk.

Disadvantages of Direct Funds: While direct funds offer lower expense ratios, managing multiple funds directly can be time-consuming and may require expertise.

Benefits of Regular Funds Investing through MFD with CFP Credential: Investing through a Certified Financial Planner (CFP) who specializes in mutual funds can provide professional guidance and simplify the investment process.

Optimizing Your Portfolio
Consolidation: Consider consolidating your portfolio to reduce overlap and streamline management. Focus on quality funds with strong track records.

Risk Management: Given the aggressive nature of mid-cap and small-cap funds, ensure they align with your risk tolerance and time horizon.

Balanced Allocation: Aim for a balanced allocation across large-cap, mid-cap, and multi-cap funds to mitigate risk and capture growth opportunities across market segments.

Conclusion
By optimizing your mutual fund portfolio with a focus on diversification, risk management, and professional guidance from a Certified Financial Planner, you can increase the likelihood of achieving your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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No, you are not thinking right at all...This man is all RED FLAGS...
Are you actually thinking of spending one year with a person who physically abuses you? Seriously?
And then you expect him to agree to that divorce without any fuss? What world are you in? No compromises on your life please...
Be wise and protect yourself...

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Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

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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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