Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Quant Mid Cap Direct Growth SIP Performing Poorly: Switch or Wait?

Samraat Jadhav |2098 Answers |Ask -Follow

Stock Market Expert - Answered on Aug 16, 2024

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more

Question by Nagendra on Aug 14, 2024Hindi

Money

My quant mid cap direct growth sip is performing negative . Should i switch it to better fund or just wait for a year?

Ans: you need to invest for atleast 10yrs to see the real growth in midcaps

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.

MoneyReply

You may like to see similar questions and answers below

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Aug 03, 2022

Question by Kiran - Aug 03, 2022Hindi

Money

Sir, could you please advise me on these SIPs. Shall I continue or make a switch? Parag Parekh Flexi Cap Fund -- 10000 Mirae Asset Emerging BlueChip Fund -- 2500 HDFC Focused 30 Fund - Growth(CORG) -- 3000 HDFC Balanced Advantage Fund - Growth(GFG) – 3000

Ans: These are good funds please continue, no need to switch or stop

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jan 30, 2020

Question by Parmodh - Jan 30, 2020Hindi

Money

I am investing in ABSL Small Cap and Nippon Small Cap funds with SIP since 2017. Please suggest if I should continue or shift to any other fund. Name of the Fund Category RankMF Star Rating Parmodh Singla ABSL Small Cap Equity - Small cap Fund 2 Nippon Small Cap Equity - Small cap Fund 2

Ans: These MFs can be considered:

Equity - Small cap Fund:

Kotak Small Cap Fund – Growth
Axis Small Cap Fund – Growth

Sanjeev Govila | Answer |Ask -Follow

Financial Planner - Answered on Apr 22, 2023

Question by sachidananda - Apr 22, 2023Hindi

Money

Following are the mutual funds I am holding. This is through SIP for last 4 years . Advise me whether I should continue with this or shift.

Ans: No details given by you.

Ramalingam Kalirajan |7122 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Question by Kartick - Apr 24, 2024Hindi

Money

I am investing in SIP just 4 months away in Quant small cap fund direct growth. Any suggestion for changes?

Ans: Considering your current investment in SIP with Quant Small Cap Fund Direct Growth, here are some suggestions:

Regular Funds with Mutual Fund Distributor (MFD):
Regular funds offer the advantage of professional guidance and personalized support from Mutual Fund Distributors (MFDs).
MFDs can provide valuable insights, portfolio reviews, and guidance tailored to your financial goals and risk profile.
Regular funds typically include the distributor's commission in the expense ratio, which helps cover the cost of their services.
Benefits of Regular Funds with MFD:
Emotional Support: MFDs can offer emotional support during market volatility, helping you stay disciplined and focused on your long-term investment objectives.
Professional Guidance: MFDs possess expertise in financial markets and investment products, offering personalized advice to optimize your investment strategy.
Portfolio Monitoring: MFDs can monitor your portfolio regularly, making proactive adjustments as needed to align with changing market conditions and your financial goals.
Considerations for Switching:
Evaluate the performance of Quant Small Cap Fund Direct Growth relative to its benchmark and peer group.
Assess the level of support and guidance you currently receive from your MFD and determine if it meets your needs.
Compare the expense ratios of regular funds with those of direct funds to understand the impact on your overall returns.
Next Steps:
Schedule a meeting with your Mutual Fund Distributor to discuss your investment portfolio and goals.
Seek their advice on transitioning from direct funds to regular funds that align with your risk tolerance and investment objectives.
Review the impact of any potential changes on your investment strategy and make informed decisions accordingly.
By considering the benefits of regular funds with Mutual Fund Distributors, you can enhance the support and guidance you receive while optimizing your investment portfolio for long-term success.

Latest Questions

T S Khurana |205 Answers |Ask -Follow

Tax Expert - Answered on Nov 26, 2024

Question by Basab - Aug 26, 2024Hindi

Money

Would you please clarify the following doubts in regards to MF related ITR filing? 1. While filling ITR2 for MF, is the fair market value of units as on 31.01.18 is required,if units are purchased only last year and intend to sell this year. 2. Where I would get FMV as on 31.01.18 for my older units.Is it the NAV on 31.01.18? 3. For units which were initiated/started after 31.01.18, and purchased two/ three years back, only sell price and acquisition cost are sufficient? 4. Are the FMV available in AIS in ITax portal? Thank you

Ans: 01. FMP is required only in cases, where Shares/MFs were purchased before 31.01.2018.
02. Shares/MFs purchased last year or after 31.01.2018 will not require any such details.
03. I feel, FMV is not available in AIS (IT Portal).
Most welcome for any further clarifications. Thanks.

T S Khurana |205 Answers |Ask -Follow

Tax Expert - Answered on Nov 26, 2024

Asked by Anonymous - Nov 12, 2024Hindi

Money

Dear sir, Please suggest remedy for the situation in which my previous Employer has deducted TDS on salary for May'2024 and deposited with income tax as reflecting in Form 26 AS as salary credited & but has actually not paid the salary amount. The mode of salary payment is online bank transfer.

Ans: 01. Please keep in touch with your employer & claim your unpaid salary.
02. I hope this is not a case, where you have not served proper notice before leaving the job & your employer has adjusted your salary payable against notice period salary.
Most welcome for any further clarifications. Thanks.

T S Khurana |205 Answers |Ask -Follow

Tax Expert - Answered on Nov 26, 2024

Question by Ramesh - Nov 15, 2024Hindi

Money

My old Pf account without UAN no i am drawing the reduced pension from 2013 onwards at t age of 50 years n then I have joined t organization in t year 2010 in this new PF no n UAN no is available my pension contribution is available my service is totally 9 years 6 month how to draw t pension contribution in full r merge t amt to t old PF no without UAN no plz guide

Ans: It is advisable to merge your both PF accounts. In fact you should have continued with your old PF account, even in new employment. This would have increased your pension admissibility. Visit your concerned PF Office & work out the best option, possible at this stage.
Most welcome for any further clarifications. Thanks.

T S Khurana |205 Answers |Ask -Follow

Tax Expert - Answered on Nov 26, 2024

Asked by Anonymous - Nov 16, 2024Hindi

Money

I make a gift of Rs.50 lacs to my sister through bank transfer. She then invests it in Fixed Deposit or some house property in her sole name. The Interest Income earned from such Fixed Deposit or the Rental Income earned by her will be taxed in her hands or in my hands. I am informed that such Income will be taxed in the my hands as Income from Other Sources and not taxed at the hands of my sister. What is the logic of this taxation?

Ans: 01. Your view seems to be correct that income from gifted amount to your sister, shall be chargeable to tax in your hands only.
02. Logic of this treatment of Income is to close the ways to transfer of assessee's income in the hands of his relatives. This practice is adopted to avoid or reduce tax liability.
Most welcome for any further clarifications. Thanks.

Milind Vadjikar |694 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Nov 26, 2024

Asked by Anonymous - Nov 26, 2024Hindi

Money

I have retired from private job 7 years ago at the age of 44. I have not withdrawn my pf and getting interest every year on the same. Is it correct to continue the pf or should I withdraw?

Ans: Hello;

Your EPF account will continue to get interest upto 58 years of age so you may hold it till that time.

Although EPFO has a rule that epf accounts will become inoperative after 36 consecutive months of no contribution except interest but they have a policy decision of honouring interest payment on corpus till member age of 58, despite this rule.

Best wishes;

Dr Nandita Palshetkar |14 Answers |Ask -Follow

Gynaecologist, IVF expert - Answered on Nov 26, 2024

Asked by Anonymous - Nov 22, 2024Hindi

Health

Hi doctor, I am 44 years old, and my menstrual cycle is currently 20 days. I got my period on September 30, 2024, and then I took an emergency contraceptive pill (i-pill) on October 9. I had my regular period on October 21. Now, I have missed my second period; today is October 22, and I still have not started. How long should I wait for my period to arrive, or should I take a pregnancy test? This was my first time using an i-pill, so I would like some advice. Is it normal to have a delay after taking an I-pill? How many days could it be delayed? Please suggest what I should do.

Ans: Hey, since you are 44 years, you are in your peri menopausal phase which causes hormonal imbalance
But since have consumed IPILL, which is an emergency contraception, periods can be up to a week late and sometimes even later. If your period is more than a week late, we recommend taking a pregnancy test. You may have some irregular bleeding after you take the Ipill, and before your next period. This can range from spotting to heavy bleeding.
So please do home pregnancy test once to rule out pregnancy. If its negative, then await normal regular periods.

T S Khurana |205 Answers |Ask -Follow

Tax Expert - Answered on Nov 26, 2024

Asked by Anonymous - Nov 02, 2024Hindi

Money

I recently sold a piece of land inherited from my father for ?62 lakh. Since both of my parents are deceased, I am their sole legal heir. Under Section 54EC of the Income Tax Act, I am eligible to invest up to ?50 lakh in government bonds to save on long-term capital gains (LTCG) tax. These bonds offer an interest rate of 5.25% and have a lock-in period of five years. After making this maximum investment of ?50 lakh, I am left with a remaining amount of ?12 lakh. I would like to know if there is any way to utilize this remaining ?12 lakh without incurring LTCG tax on it. Additionally, I currently have a personal loan with an outstanding balance of ?10 lakh, and I am considering using this ?12 lakh to pay off that loan. Can I use these funds to close my loan without triggering any LTCG tax implications?

Ans: 01. You have sold the land for Rs.62,00 lakhs. This is the Sale amount & not Capital Gain.
02. Please work out LTCG by reducing Cost of Land from this sale amount. May be you LTCG is less than 50.00 lakhs & it serves your purpose.
03. However, I would like to suggest you to invest the amount in any residential property, which would enable you to save LTCG tax and also provide you lucrative return, instead of 5.25%, as offered by the bonds. It would also reduce LOCK-IN period from 5 to 3 years.
Most welcome for any further clarifications. Thanks.

T S Khurana |205 Answers |Ask -Follow

Tax Expert - Answered on Nov 26, 2024

Question by Deep - Oct 30, 2024Hindi

Money

I have 2 under-construction flats of 35L each ( i.e. total 70L ) which I had got via government lottery in the name of my Mother and Father respectively. Based on the status I think it will take another 2 years to be completed ( i.e. by 2026 ) and then I intend to sell them immediately after getting possession. This sale should fetch me around 1.2 Cr. I am planning to buy a new flat which would cost around 1.9 Cr and I will take a home loan to the max possible extent based on eligibility ( my yearly gross income is 40L ). The flat is a new launch and is expected to be completed and handed over by 2028. Will I be eligible to claim capital gains tax ( STCG or LTCG? ) exemption on that sale mentioned before, if I buy this flat now?

Ans: 01. You have to purchase a new house property within 2 years after Sale of Flat, to enable you to be entitled for exemption u/s 54. Kindly watch timeline, between sale & purchase of Flats.
Most welcome for any further clarifications. Thanks.

T S Khurana |205 Answers |Ask -Follow

Tax Expert - Answered on Nov 26, 2024

Question by R - Nov 19, 2024Hindi

Money

Sir, While filing the return for AY 2024-25, I had, by mistake, paid the balance of tax amount and TDS i.e. Self-Assessment Tax twice through online procedure. Both these amounts appeared in AIS under different BSR Codes and challan numbers on the same date. In the return, obviously, only one of the amounts had been entered and hence only one of the amounts was accounted for in the tax calculations while the other amount remained unaccounted, though appearing in AIS. The return has been duly processed under 143 (1) with no demand- no refund. Now, the question is- how can the unaccounted and unused amount appearing in AIS for AY 2024-25 shown as Self-Assessment Tax can be utilised for the next AY, viz 2025-26 as Advance Tax? What procedure should be followed? Alternatively, can this unused amount be claimed as a refund, through a revised return showing both these amounts or a rectification return would be appropriate? Shall be grateful if you kindly guide me as to how to do this. R M Khatsuria, Pune

Ans: 01. This amount paid in excess can't be claimed as ADVANCE TAX PAID in the ITR of next year.
02. You may file Revised ITR & claim back excess Income Tax Paid, which is clearly mentioned in 26AS & AIR for the relevent financial year.
Most welcome for any further clarifications. Thanks.

T S Khurana |205 Answers |Ask -Follow

Tax Expert - Answered on Nov 26, 2024

Question by shiban - Nov 21, 2024Hindi

Money

last 7 out of 10 years i was NRI. 23-24 NRI 24-25 R 25-26 aagain NRI will my NRE deposit be taxed for 24-25

Ans: In our opinion, it should remain tax free.
Most welcome for any further clarifications. Thanks.

See more questions »

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.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x