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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on May 14, 2021

Mutual Fund Expert... more

Question by abhishek on May 14, 2021Hindi

Money

Q1. Have I invested in too many funds?

Ans: Yes, 4 to 6 schemes are sufficient

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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Sanjeev Govila | Answer |Ask -Follow

Financial Planner - Answered on May 10, 2023

Question by Puneet - May 10, 2023Hindi

Money

Sir, I have following mutual Funds and I believe I have made many mistakes.. Need your advice as all are completing 12 months now. Canera robeco infrasturcfure fund Growth Regular - 5000/SIP - total value 70000 (with small lumpsum) Current Value 72236 - I am not sure whether to keep or not? UTI Flexicap - 5000 SIP with total value 65000 Current value 64500 - I am not sure whether to keep or not? Mirae asset large cap growth regular - 5000 SIP - total value 113000 (With small lumpsums) Current Value 115000 - I am not sure whether to keep or not? Axis focused 25 growth regular - 5000 SIP - total value 75000 (with small lumpsums) - Current Value 74700 - I am not sure whether to keep or not? Axis Bluechip growth regular - 5000 SIP TOtal Value 155000 - Current Value 155100 - I am not sure whether to keep or not? Kotak small Cap growth regular No SIP - I put in lumpsums during dips - total value 2 lakhs current value 202946 - I plan to keep it and eventually bring it to direct mode and continue investing - what's your opinion? SBI Contra Fund growth regular - NO SIP - I put in lumpsums during dips total value 166000 and current value 179780 - I plan to continue and bring it eventually to direct mode and continue investing. What is your opinion? SBI Contra fund - direct growth No SIP - I put in lumpsums during dips - total value 125000 current value 133000 - I plan to keep it and continue investing during dips and will eventually bring the 166000 from the regular mode also to the direct mode. What is your opinion? SBI Flexi CAP regular growth No SIP - I put in lumpsums during dips ) - Total value 1 lakh - current value - 103500 - I am not sure whether to continue investing in this one or not? Invesco India regular growth - 5000 SIP - total value - 40000 - current value - 40900 - I am not sure whether to continue or not? DSP Mid Cap regular growth - 5000 SIP - total value 40000 - current value 40200 - I am not sure whether to continue or not? HDFC Multicap Regular Growth - 5000 SIP - total value 50000 (with small lumpsum) - Current vlaue - 50260 - I might just continue with this one. What is your opinion? Parag Parikh Flexi cap regular growth No SIP - I put in money during dips - total value 2.7 lakh - current value - 2.93 Lakhs. I plan to continue investing lumpsums during dips and will eventually bring it in direct mode. What is your opinion? SBI Large and mid cap direct growth - 5000 SIP - total value approx 70000 - current value approx 74000. I might just continue with this one. What is your opinion? Quant ELSS direct growth No SIP - I put in money during dips. Total value approx 3 lakhs. Current value (haven't checked). I plan to continue putting lupmsums during dips. What is your opinion? Nippon India Small Cap direct growth No SIP - I put in money during dips. Total value approx 2.8 lakhs. Current Value (Haven't checked). I plan to continue putting lump sums during dips). What is your opinion? Kotak Bluechip Direct growth - No SIP. I put in money during dips. total value 2.35 lakhs. Current value approx 2.5 lakhs. I plan to continue putting lumpsums during dips. What is your opinion? As, I can see that there are too many funds and lots of overlapping also. Many funds have been at their historically low and some have been at the lowest ladder in rankings with continue bad performance. Thus, I need to reduce the number of funds and stop the bad ones and also to reduce the overlapping. It is not a goal based investment but simply an investment with no time horizon but I do not see myself touching them for the next 10 years. In fact, I plan to just keep putting in more so my approach can be seen as aggressive one and I would not mind going bullish on small caps and mid caps as the time horizon is long. Please advice me on how to proceed. Thanks

Ans: Puneet
You have 17 MFs and it is not possible for me to analyse and give recommendations on each one of them in the time available to me.

But from a cursory glance, I can surely say that there are too many of them. Too many of MFs neither give you diversification nor provide you safety or better returns. They only make monitoring difficult.

Since you are comfortable with an aggressive portfolio and have a long time horizon of 10 years, my advice to you is:-
• Straightaway cut down your number of funds to half – say 8. Use one of the rating websites to know which one is good and which not. Such websites are not the best way to select funds but, in your case, would work fine.
• The cutting down should be category-wise. Try not to have more than one fund per category. Rarely should you have two per category.
• If you only wish to have equity funds, then your total number of funds could be even lesser. Go in for Large Cap / Index Fund, Flexicap Fund, Large & Mid Cap Fund, Mid Cap Fund, Small Cap Fund, and maybe an Aggressive Hybrid or an Asset Allocator Fund. Try and take more funds with a value oriented approach than growth approach.
• One selected, do the same for SIPs and bulk amounts.
• Lastly, monitor your funds once in six months and rebalance if required.

Ramalingam Kalirajan |6971 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 22, 2024

Question by Prabu - Apr 21, 2024Hindi

Money

[21/04, 10:11 pm] Prabu Ravichandran: Hi Experts, I am 40 years old. I am investing in mutual fund SIPs. My portfolio has following funds each 1000Rs SIP monthly. 1) Quant Infrastructure 2) Quant Mid cap 3) Quant Small cap 4) Quant Active 5) Quant Flexi cap 6) ICICI Pru Infrastructure 7) ICICI Pru Bluechip 8) ICICI Pru Bharat 22 FOF 9) Nippon India Large cap 10) Nippon India Growth 11) Nippon Small cap 12) Nippon India Multi cap 13) Nippon Power & Infra 14) Aditya Birla Sun Life PSU 15) SBI PSU 16) Invesco PSU 17) JM Large cap 18) JM Value fund 19) JM Flexi cap 20) Tata Small cap 21) HDFC Mid cap opportunities 22) Mahindra Manulife Mid cap 23) Mahindra Manulife Multi cap 24) Motilal Oswal Mid cap [21/04, 10:14 pm] Prabu Ravichandran: Am I good to continue on these funds? Do I need to add/remove any funds for a good portfolio. Please provide your thoughts.

Ans: Your portfolio appears to be heavily concentrated with multiple funds, possibly leading to overlap and excessive diversification. It's essential to streamline your investments to avoid redundancy and maintain a clear investment strategy. Consider consolidating similar funds or those with overlapping objectives. Assess the performance, risk, and alignment with your financial goals for each fund. Periodic review and adjustments are crucial to ensure your portfolio remains aligned with your objectives and risk tolerance. Consulting a financial advisor can help you optimize your portfolio and ensure a more focused investment approach.

Ramalingam Kalirajan |6971 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

Question by Shanky - May 02, 2024Hindi

Money

Hello, I am 32 years old and have started investing in following funds. Please review. I am investing with a horizon of 10 - 15 years and ready to take risk. The investment is not linked to any specific goal but to save and create wealth. 1. Parag Parik - 10k 2. Kotak Multicap - 10k 3. Canra Rebocco Small Cap - 5k 4. Canara rebocco blue chip - 5k 5. ICICI PRU value discovery - 10k 6. AXIS Growth Opportunities - 9k 7. HDFC Balance Advantage - 7k 8. Groww Index Fund - 7k 6. Axis ELSS - 2.5k

Ans: It's great to see your proactive approach towards investing at the age of 32, with a clear horizon of 10-15 years and a willingness to take on risk to achieve your wealth creation goals. Let's review your investment portfolio to ensure alignment with your objectives.

Assessment of Fund Selection:

Parag Parikh Long Term Equity Fund (PPLTEF): This fund follows a flexible investment strategy, investing in a mix of Indian and foreign equities. It's known for its consistent performance and focus on quality stocks.

Kotak Standard Multicap Fund: Multicap funds offer diversification across market capitalizations. Kotak is a reputable AMC, and this fund has a strong track record of delivering steady returns over the long term.

Canara Robeco Small Cap Fund: Small-cap funds have the potential for high growth but come with higher volatility. Canara Robeco has a decent reputation, but small-cap investments require careful monitoring due to their inherent risk.

Canara Robeco Bluechip Equity Fund: Blue-chip funds invest in large-cap stocks known for their stability and reliability. This fund offers a conservative approach within your portfolio, balancing the risk associated with small-cap investments.

ICICI Prudential Value Discovery Fund: Value-oriented funds focus on undervalued stocks with growth potential. ICICI Pru is a trusted AMC, and this fund aims to deliver long-term capital appreciation.

Axis Growth Opportunities Fund: This fund targets growth-oriented companies across sectors. With a focus on mid and small-cap stocks, it adds diversification to your portfolio but may come with higher volatility.

HDFC Balanced Advantage Fund: Balanced advantage funds dynamically manage equity exposure based on market conditions. This can provide stability during market downturns while capturing growth opportunities during upswings.

Groww Index Fund: Index funds passively track market indices. While they offer low expense ratios and broad market exposure, they may underperform actively managed funds during certain market conditions.

Axis Long Term Equity Fund (ELSS): ELSS funds offer tax benefits under Section 80C of the Income Tax Act. Axis is a reputable AMC, and this fund invests predominantly in equity, providing potential for capital appreciation along with tax savings.

Overall Portfolio Assessment:

Your portfolio reflects a diversified mix of equity funds across market capitalizations and investment styles. It's well-suited for long-term wealth creation, considering your risk appetite and investment horizon.

Recommendation:

Regularly review your portfolio's performance and rebalance if necessary to maintain your desired asset allocation. Consider consulting with a Certified Financial Planner periodically to ensure your investments remain aligned with your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Hi Madam, I'm 60,retired, my wife is 47, our son is 23. I had love marriage and was leading a happy married life. Just after silver jubilee of our wedding anniversary I accidentally came to know that my wife is madly in love with one of our common married friend who runs a simple shop. Upon investigation I found that they are in relation for last 12 years and were enjoying sex in my own house for such a long time. He hails from an uneducated family and is not even cultured. I could not believe that the wife of a highly educated socially respected man could do this with a shopkeeper who does not have any socio economic status. I am living a normal life with my wife for the sake of our only child. Once he settles in life I have decided to end my life. Ofcourse I still love her as ours was a love marriage. I seek your wise suggestion in this regard, should I divorce her or live a normal life that we are doing?

Ans: Dear Shristi,
It is obviously very shocking for you to know that things have been happening behind your back.
Now, how you want this to move on from here on, is a decision only you must make! Have you had a chat with your wife about the association that she has with the other person? Does she know that you know about it?
If she doesn't, then you need to make her aware and yes, do ask her whether she is interested at all in the marriage. That will give you an idea as to whether things are worth fighting for or is it best to walk away!

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Hello madam I a 32 year old married man with a kid , who is 6 years old. I have done arrange marriage with my own decision I agreed to my parents for the marrige at that time I was in a casual relationship with a girl I didn't said anything to the girl and get married to someone else. After that I tried to live a happay life with my wife without thinking about the girl whom I left behind, from outside I tried to be happy with my wife but my wife thought doesn't matches with me so I felt so disturbed from inside. Still I was trying to continue the relationship for sake of our child but suddenly I got my ex love contact and I was so happy that after so long time I got a chance to talk to her, I have tried to meet her but she always refused to meet me because she was in a relationship. I tried many times and due to some misconduct I again lost her for the second time. At this moment when she is not with me her thoughts memories are troubling me so much I am in pain, what am I suppose to do to get rid of the pain?? Please help

Ans: Dear Anonymous,
There is no point wanting a 'past' relationship just because you have one...what if that relationship did not exist, you would have possibly made efforts to make your marriage work, right?
Then do just that...DO NOT treat your marriage as an option...which marriage is a perfect one? And are all spouses tailor-made to fit one another?
So, if her thoughts don't match with yours, then even yours don't match with hers...so, should she also think of jumping into some other relationship. Please act mature about this especially with a child in the entire equation; try and understand each other...speak about your differences and find ways of working on them by accepting them. Ex-love etc looks all very nice, but come down to ground reality; please...work on your marriage!

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Question by Pankaj - Nov 05, 2024Hindi

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hi, I have ICICI Pru LifeTime Super with 5 L Life Insurance Cover: Taken in year 2012 paid 5 instalments summing Rs. 1 Lac. Current value showing 3.9 lac. Pl advise (1) to keep it or to surrender, (2) how to utilize with max. return

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It is yielding you decent result.

Also based on current income tax rules the maturity proceeds of this policy will be exempt from capital gain tax.

Hence my suggestion would be to hold it till maturity.

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Asked by Anonymous - Sep 15, 2024Hindi

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I am 50 years old and got married 15 years ago. I am a very spontaneous sort of a guy and enjoy life, partying etc. I was also very active socially.My wife being the complete opposite put a stop to all that once we got married. She also does not display any affection and has no interest in physical intimacy. She is just concerned with her housework.We also have lot of differences in mental attitude & intellectual abilities. At no stage will we ever seperate, however, I am unhappy with her nature. She has lot of friends, however is always at daggers drawn with in her in laws. We had to stay separately for 6 months, and I tried looking for love else where, however after a couple of months, I realised, that I missed her. I am in a quandary. Despite requesting her to work on our relationship, I get no response. Please advise on how to proceed.

Ans: Dear Anonymous,
I understand you are in a tough spot. But it's nice to see that after all those years of differences, you still have genuine feelings for her. I strongly suggest considering marriage counseling. From your description of your marriage, it seems to be there have been issues from the very beginning of it. It's been too long and now those issues must've become deep-rooted. Seeing a professional can be a game-changer. They can guide you out of this slump more methodically and help you navigate the emotions you are feeling right now. It can also help you understand the reasons for your wife's disinterest and handle it better.

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I have a gf who don't have parents and i want to marry her but my parents are very traditional minded but i love her so much want to give her the best life. Please help me in this situationship

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I am not sure how your partner not having parents is against your parent's traditional mindset. It isn't a choice she made. If they are concerned about her family background, it would be great if you could arrange a meetup with any close family of your GF with your parents. Take your time and make your parents understand that not having parents can be her misfortune but not her identity, and it does not make any sense to reject someone based on that.

Hope this helps.

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Dating, Relationships Expert - Answered on Nov 05, 2024

Asked by Anonymous - Nov 02, 2024Hindi

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Hii, I have an love marriage after 9 years of dating and 6 years, 2 children post marriage, my little one is 11 months old now. My husband has an affair upto chatting to someone in his company, his junior but in different department, when my Lil one was 1 month old, we had in a rough patch then due to child birth and family drama. When I saw it and confronted him, he said he is sorry and won't do it again, we had multiple fights for 3-4 months after then due to same reason, but he mostly listen and consol. It's been a lot of mental torture for me. I love my husband a lot and he is a good person, but sometimes sill I see her msg in his phone asking for small helps or casual msg. She is also married. I am not sure my husband deletes msg or what, I am not able to get over this. Before it, this is was preety much a good relationship. I am highly educated and independent women. I don't want anything form my husband apart from love. What should I do, whenever I tell him I want to just leave and let him have his life, he won't let me somehow. We are having a good physical relationship 2-4 times a week( just to tell where we are). Please help me...I can't overcome that he is making fool of me...

Ans: Dear Anonymous,
I am sorry to hear you are in such a tough spot. I would suggest considering marriage counseling. A professional who can help you both tackle these issues would be helpful in this situation. I understand that it was his mistake and he needs to put the effort to make you trust him again, but since you are still together, you will also have to put in the effort to let it. I know it is difficult and that's where marriage counselor comes in. They can help you navigate these feelings. Moreover, if he is indeed hiding something, therapy can help that come out in the open.

Hope this helps.

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Dating, Relationships Expert - Answered on Nov 05, 2024

Asked by Anonymous - Sep 10, 2024Hindi

Relationship

Hi, Me(M38) and wife(F37) happily married for 12 years and blessed with one daughter. Partner(F28)continuing friendship with a person[M] who had crush on her before marriage considered emotional infidelity? Me(M38) and wife(F37) happily married for 12 years and blessed with one daughter. My wife is having friendship (strictly platonic) with a guy from her 10tlh grade (same class). Before our marriage (she may be doing her college, our relationship just started may be 2 weeks) this guy told her he has genuine interest in her and he want to take the relationship further if she wants, she said she is not interested in a relationship and she got committed, she always saw him as a friend, no other feelings for him and we can be friends if you don't bring any romantic interest again. He never took this talk again ever after and happy to be a friend. They are talking as friends. She got married to me. He also got married. They still do chats once in a month. She introduced me to him and visited his home when we visited his city. He also came to our home once (me and my family was there). She used to update me with chat she had with him and the content they are chatting. I am ok with that When we were talking about our school life and college life 2 years before. She said this guy had crush on her during her college days. I asked her, why did not she tell me this info till now. She said it is not purposely, she does not feel the need to do as the person is not in-appropriate with her and continuing as good friend as promised after she rejected his proposal. I don’t want to create any unnecessary issues as I don’t have any felling or so with him. That time I checked their chats completely, it’s about update about their common friends, their recent travel, their job, meditation courses and the books they read recently. I haven’t seen any flirting or romantic message from either of them. So I am perfectly fine with it and had no problems. I recently came to know about the concept of emotional cheating which is very new to me. Before that cheating to me is only flirting, sexeting and physical sex. I have asked for advice in redddit.com in infedility sub forum about emotional cheating/ emotion affair. There persons are advising like even having friendship with someone who had crush on you is emotional cheating as it is indirectly leading them on you. So with an omission of lie he had crush on her and indirectly leading him on you wife was emotionally cheating on you. This is very much equal to cheating. I do have lots of friends in other gender, but no one had crush on me. Does this count as emotional cheating/affair as she did not mention he had crush on her before marriage? I am little depressed and not able to spend quality time with my wife who is in postpartum depression and take care of our daughter properly as before. Do you guys advise me how to navigate this situation?

Ans: Dear Anonymous,
Are you really going to ruin your happy relationship based on some new term you have learned recently? Emotional cheating and many more terms of the kind will come and go, what truly matters is the truth. She is merely friends with this guy and for your peace of mind, you have even checked their conversations- what part of it looks like cheating to you? If tomorrow, some random person projecting their own insecurities claims that a man speaking to a woman is some "new form" of cheating, would you start believing that? My point is that these are just random opinions of some people- it isn't the ultimate truth. The entire context matters. This man had a crush on your wife, she rejected it, and now they are just friends. I find absolutely no misconduct or infidelity in this. The fact that none of your friends had a crush on you does not factor in at all. Moreover, your wife is in postpartum depression- that should be your biggest concern but here you are, giving more importance to the random 2 AM thoughts of some people you don't even know. Please rethink if you are being fair to your wife- the mother of your child.

Best Wishes

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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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