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Sanjeev Govila |192 Answers |Ask -Follow

Financial Planner - Answered on Aug 06, 2023

Asked by Anonymous - Aug 04, 2023

I am operating a NPS Account through SBI. They are investing my saving with UTI Mutual Funds (50+25+25). I want to change this into some other higher returns mutual funds. Kindly suggest me some best funds.

Ans: SBI is just an account facilitator in your case – you must’ve opened your NPS account through SBI (bank). What NPS Fund Manager you choose is up to you and not on SBI. So choose wisely.

At present, there are ten pension fund managers in the country.
1. SBI Pension Funds Pvt. Ltd.
2. LIC Pension Fund Ltd.
3. UTI Retirement Solutions Ltd.
4. HDFC Pension Management Co. Ltd.
5. ICICI Prudential Pension Fund Management Co. Ltd.
6. Kotak Mahindra Pension Fund Ltd.
7. Aditya Birla Sunlife Pension Management Ltd.
8. Tata Pension Management Ltd.
9. Max Life Pension Fund Management Ltd.
10. Axis Pension Fund Management Ltd.

SBI Pension Fund, LIC Pension Fund, and UTI Retirement Solutions are the only fund managers who manage pension contributions of government employees under NPS.

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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Head, Rank MF - Answered on Mar 17, 2020

Question by Vijai - Mar 17, 2020

I want to invest around Rs 100,000 in Mutual Funds on long term basis with high return. Please advise which would be the best funds among HDFC, SBI, Nippon, Birla or/and ICICI.

Ans: Please note, RankMF ratings ignore past performance and influence of brand or names, it mainly considers the quality of the portfolio and the margin of safety at with the NAV is currently available on real-time basis.

Top rated schemes of various categories at present are as under, you may select as per your requirement.

Equity - Large Cap Funds:

- LIC MF Large Cap Fund-Regular Plan-Growth

- Axis Bluechip Fund - Regular Plan - Growth

- Kotak Bluechip Fund - Growth

- Mirae Asset Large Cap Fund - Growth Plan

Equity - Mid Cap Funds:

- Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option

- DSP Midcap Fund - Regular Plan - Growth

Equity - Focused Funds:

- Axis Focused 25 Fund - Regular Plan - Growth Option

- Motilal Oswal Focused 25 Fund (MOF25)- Regular Plan Growth Option

Equity - Large & Mid Cap Fund

- BOI AXA Large & Mid Cap Equity Fund Regular Plan- Growth

- Canara Robeco Emerging Equities - Regular Plan - GROWTH

- Tata Large & Mid Cap Fund- Regular Plan - Growth

Equity - Multi Cap Funds:

- Motilal Oswal Multicap 35 Fund (MOF35)-Regular Plan-Growth Option

- JM Multicap Fund - Growth option

- UTI - Equity Fund-Growth Option

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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Nov 29, 2019

Question by Dibakar - Nov 29, 2019

I am 32 and would like to know the following mutual funds are good or not as I am investing in them for more than 5 years around Rs 40,000 each month by SIP mode. Please suggest me if I have to change any. UTI Transportation and Logistics Fund (dividend and growth both) UTI Equity Fund (dividend and growth) UTI Infrastructure Fund (growth) UTI Midcap Fund (growth) UTI MNC Fund (dividend) UTI Core Equity Fund (dividend) UTI Value Opportunity Fund (dividend and growth) UTI Arbitage Fund UTI Ultra Short-term Fund ICICI Pru India Value Opportunity Fund ICICI Value Discovery Fund ICICI Pru Equity and Debt Fund Please suggest as I am investing almost Rs 40,000 per month in SIP mode. Whether any change is required or not? Also suggest the best funds for me as I am thinking for 12 to 20 years. Waiting for your valuable comments

Ans:

Name of the Fund	Name of the Fund	RankMF Star Rating
UTI Transportation and Logistics Fund(dividend and growth both)
Growth	Equity - Sectoral Fund - Auto	2
Dividend Reinvestment Plan	Equity - Sectoral Fund - Auto	1
Dividend Payout Plan	Equity - Sectoral Fund - Auto	1
UTI Equity Fund (dividend and growth)
Growth	Equity - Multi Cap Fund	5
Dividend Reinvestment Plan	Equity - Multi Cap Fund	5
Dividend Payout Plan	Equity - Multi Cap Fund	5
UTI Infrastructure Fund (growth)	Equity - Sectoral Fund - Infrastructure	3
UTI Midcap Fund (growth)	Equity - Mid Cap Fund	2
UTI MNC Fund(dividend)
Dividend Payout Plan	Equity - Thematic Fund - MNC	2
Dividend Reinvestment Plan	Equity - Thematic Fund - MNC	2
UTI Core Equity Fund (dividend)
Dividend Payout Plan	Equity - Large & Mid Cap Fund	1
Dividend Reinvestment Plan	Equity - Large & Mid Cap Fund	2
UTI Value Opportunity Fund (dividend and growth)
Growth	Equity - Value Fund	4
Dividend Payout Plan	Equity - Value Fund	3
Dividend Reinvestment Plan	Equity - Value Fund	4
UTI ArbitageFund	Hybrid - Arbitrage Fund	4
UTI Ultra Short-term Fund	Debt - Ultra Short Duration Fund	5
ICICI Pru India Value Opportunity Fund	Equity - Thematic Fund - Other	3
ICICI Value Discovery Fund	Equity - Value Fund	2
ICICI PruEquity and Debt Fund	Hybrid - Aggressive Hybrid Fund	5

You may continue with funds with 4 and 5 star rated, sector funds to be avoided and good funds in Multicap , Focused and Mid cap should be invested in.

Midcap: Suitable option considering quality and value for money at present levels is DSP Midcap and Axis Midcap

Multicap: Suitable options considering quality and value for money at present levels are UTI Equity Fund, Axis Multicap, Motilal Oswal Multicap 35

Focused: Suitable options considering quality and value for money at present levels are Axis Focused 25 and Motilal Oswal Focused 25

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