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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Dec 10, 2019

Mutual Fund Expert... more
V Question by V on Dec 10, 2019Hindi
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Recommendations in Reply table

Ans:
Name of the FundCategoryRankMF Star RatingRecommendations
icici prudential blue chip fund growth Equity - Large Cap Fund 3 Better options are available, refer the recommended schemes of this category
reliance large cap fund growth plan-growth option Equity - Large Cap Fund 3 Better options are available, refer the recommended schemes of this category
Mirae Large Cap Fund Growth Plan Equity - Large Cap Fund 4 Continue the investment
hdfc mid cap oppurtunities fund--regular plan-growth Equity - Mid Cap Fund 3 Better options are available, refer the recommended schemes of this category
kotak standard multi cap fund-growth option Equity - Multi Cap Fund 4 Continue the investment

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

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Dec 10, 2019

Money
Recommendations in Reply table
Ans:
Name of the FundCategoryRankMF Star RatingRecommendations
1.DSP Top 100 EquityFund- Growth Equity - Large Cap Fund 4 Continue the investment
2. Franklin India Blue Chip fund- Growth Equity - Large Cap Fund 3 Better options are available, refer the recommended schemes of this category
3.Franklin India Equity AdvantageFund- Growth Equity - Large & Mid Cap Fund 3 Axis Growth Opportunities Fund is Better option
4.Franklin India Focussed Equity Fund -Growth Equity - Focused Fund 3 Better options are available, refer the recommended schemes of this category
5. Franklin India Prima Fund- Growth Equity - Mid Cap Fund 3 Better options are available refer the recommended schemes of this category
6.Templeton India Equity Income Fund- Growth Equity - Dividend Yield Fund 3 Uti Dividend Yield Fund - is Better option
7.Franklin Indian Feeder - Franklin US Oppo fund- Growth FoFs (Overseas) 2 Kotak Global Emerging Market Fund Growth is Better option schemes of this category
8.HDFC Index Fund - Growth (scheme name not Properly specified) -  
9. HDFC Short term Debt Fund- Growth Debt - Short Duration Fund 4 Continue the investment
10.ICICI (P) Multi Asset Fund- Growth Hybrid - Multi Asset Allocation 4 Continue the investment
11.ICICI(P) Blue Cheap Fund- Growth Equity - Large Cap Fund 3 Better options are available refer the recommended schemes of this category
12.ICICI(P) Balanced Advantage Fund- Growth Hybrid - Balanced Advantage 5 Continue the investment
13.ICICI(P) Technology Fund- Growth Equity - Sectoral Fund - TECk 4 Continue the investment
14. ICICI(P) FMCG Fund-Growth Equity - Sectoral Fund - FMCG 5 Continue the investment
15.ICICI(P) Mid cap Fund Growth Equity - Mid Cap Fund 2 Better options are available refer the recommended schemes of this category
16.ICICI(P) Banking & Financial Fund- Gr Equity - Sectoral Fund - Banks & Financial Services 2 Aditya Birla Sun Life Banking and Financial Services Fund

 

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Milind

Milind Vadjikar  |702 Answers  |Ask -

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

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Hi Experts, I seek your guidance on my mutual fund portfolio. Below are the details: Total Portfolio Details: - Total Invested Amount: ?15,76,159 - Current Value: ?19,35,234 - Total Returns: ?3,59,075 (+22.78%) - XIRR: 20.75% Monthly SIP Contribution: ?1,18,000 Breakdown of monthly SIP contributions across funds: 1. Parag Parikh Flexi Cap Fund Direct Growth – ?30,000 2. SBI Large & Midcap Fund Direct Plan Growth – ?15,000 3. SBI Magnum Mid Cap Fund Direct Plan Growth – ?20,000 4. Nippon India Large Cap Fund Direct Growth – ?30,000 5. Nippon India Small Cap Fund Direct Growth – ?7,500 6. ICICI Prudential Technology Direct Plan Growth – ?10,000 7. Quant Small Cap Fund Direct Plan Growth – ?7,500 8. HSBC Small Cap Fund Direct Growth – ?5,000 9. Edelweiss US Technology Equity Fund of Funds Direct Growth – ?5,000 Can you suggest if I am on track to create 5 CR corpus in 10 years I have ?25 lakh invested in a Fixed Deposit (FD) in my mother’s account, earning an interest rate of 7.75%, to generate tax-free returns. Additionally, I’m planning to purchase a plot worth ?30–50 lakh in the next 1–2 years. Is it a good idea to keep the money in FD for now, or are there better short-term investment options I should consider to maximize returns while keeping the funds accessible for my future purchase? Looking forward to your suggestions! Thank you!
Ans: Hello;

Your monthly sip value adds upto 1.3 L however you have claimed it to be 1.18 L. (Maybe a typo).

Existing corpus(19.35 L) and monthly sip (1.3 L) won't reach 5 Cr in 10 years.

You have two options to make it happen:

1. Increase monthly sip amount to 1.9 L.

2. Top-up current monthly SIP of 1.3 L by minimum 10% each year for 10 years.

Both ways will lead you to a corpus of 5 Cr over 10 years.

You may consider money market mutual funds for parking your funds for a 1 year horizon. Returns may be comparable to FD returns but with flexibility to withdraw anytime. They typically have low to moderate risk.

Happy Investing;
X: @mars_invest

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Nayagam P

Nayagam P P  |3928 Answers  |Ask -

Career Counsellor - Answered on Nov 26, 2024

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Career
Is doing BBA + Law (Honors) from BITS Law is worth
Ans: Anju, prior to addressing the question, I would like to draw your attention to a recent article in 'The Times of India' which indicates that a majority of law graduates tend to favor employment in corporate settings over practicing in courts. Now, coming to your question, please note, BITS Law School's BBA + LLB (Hons) program is a 5-year program that combines business administration with legal studies. The program focuses on areas such as corporate law, intellectual property, business laws, and dispute resolution. The program offers a strong multidisciplinary approach, preparing students for careers in corporate law, legal consultancy, and management. Its strengths include a business + legal acumen curriculum, industry-driven curriculum, and a reputation for excellence in education and placement opportunities. However, it lacks the legacy and alumni network of top-tier law schools and can be expensive. Career opportunities include corporate and business law, management roles, consulting, entrepreneurship, academia/research, international arbitration, cyber and technology law, corporate governance, and intellectual property rights. The program is worth considering if you aim for a corporate or business law career, are comfortable with the cost and value of the BITS brand, and have excellent industry connections and internships. Build your profile well by the time you complete your BBA+LLB & improve your all other skills required. All the BEST for Your Prosperous Future.

To know more on ‘ Careers | Education | Jobs’, ask / follow Us here in RediffGURUS.

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