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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Aug 04, 2020

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Balla Question by Balla on Aug 04, 2020Hindi
Money

Can you please review my below funds and suggest the course of action?

Presently investing through SIP:

UTI Nifty Index Fund - Dir G Plan: Rs 4000

HDFC Index Fund - Dir G Plan: Rs 4000

SBI Blue Chip Fund Dir Plan-G: Rs 4000 (3.55% return)

Mirae Asset Large Cap Fund - Dir-G: Rs 4000

Canara Robeco Equity Diversified - Growth  4000

IIFL Focused Equity Fund - Dir - Growth: Rs 2000

Axis Small cap fund - Growth-Direct: Rs 2000

UTI Value Opportunities Fund - Dir – Growth: Rs 2000

LIC MF Large & Mid Cap Fund - Dir - Growth: Rs 2000

Axis Midcap fund - Growth - Direct: Rs 2000

Axis Blue Chip fund - Growth - Direct: Rs 4000

Axis Small Cap fund - Direct- Growth: Rs 2000

One time investments done:

Kotak Money Market Sch-Dir Plan-Gr 

IDFC Government Securities Fund-Investment Plan-Growth-(Direct Plan)

Principal Credit Risk Fund -Reg Plan

UTI Ultra Short Term Fund - Dr Plan - Gr

Previously invested through SIP but stopped now. I want to exit these funds. When can I exit?

ABSL Equity Fund - Growth-DIRECT (4.47% return)

ABSL Frontline Equity Fund -Grow-DIRECT (0.79% return) 

Kotak Std Multicap-Direct Plan-Gr (4% return)

L&T Emerging Businesses Fund Direct Plan (-15% return)

L&T India Value Fund Direct Plan – Growth (0.38% return)

Ans:
Name of the Fund Category RankMF Star Rating Recommendations
Balla Kumar Hemant      
UTI Nifty Index Fund - Dir G Plan: Rs 4000 Index Funds - Nifty 4 continue
HDFC Index Fund - Dir G Plan: Rs 4000      
HDFC Index Fund - NIFTY 50 Plan - Growth Index Funds - Nifty 4 continue
HDFC Index Fund Sensex Plan Index Funds - Sensex 5 continue
SBI Blue Chip Fund Dir Plan-G: Rs 4000 (3.55% return) Equity - Large Cap Fund 3 Switch to UTI MasterShare - Growth
Mirae Asset Large Cap Fund - Dir-G: Rs 4000 Equity - Large Cap Fund 4 Continue
Canara Robeco Equity Diversified - Growth  4000 Equity - Multi Cap Fund 4 continue
IIFL Focused Equity Fund - Dir - Growth: Rs 2000 Equity - Focused Fund 2 switch to Axis Focused 25 Fund  - Growth 
Axis Small cap fund - Growth-Direct: Rs 2000 Equity - Small cap Fund 2 switch to Axis ESG Fund  - Growth
UTI Value Opportunities Fund - Dir – Growth: Rs 2000 Equity - Value Fund 3 switch to Axis ESG Fund  - Growth
LIC MF Large & Mid Cap Fund - Dir - Growth: Rs 2000 Equity - Large & Mid Cap Fund 2 Switch to Canara Robeco Emerging Equities Regular -growth  
Axis Midcap fund - Growth - Direct: Rs 2000 Equity - Mid Cap Fund 2 Switch to - Dsp Midcap Fund - Growth
Axis Blue Chip fund - Growth - Direct: Rs 4000 Equity - Large Cap Fund 3 Switch to UTI MasterShare - Growth
Axis Small Cap fund - Direct- Growth: Rs 2000 Equity - Small cap Fund 2 switch to Axis ESG Fund  - Growth
Kotak Money Market Sch-Dir Plan-Gr  Debt - Money Market Fund 5 continue
IDFC Government Securities Fund-Investment Plan-Growth-(Direct Plan) Debt - Gilt Fund 5 continue
Principal Credit Risk Fund -Reg Plan Debt - Credit Risk Fund 1 Credit Risk funds to be avoided , instead Corporate Bond or Banking and PSU funds to be considered
UTI Ultra Short Term Fund - Dr Plan - Gr Debt - Ultra Short Duration Fund 5 continue
ABSL Equity Fund - Growth-DIRECT (4.47% return) Equity - Multi Cap Fund 2 Switch to UTI Equity fund  - Growth
ABSL Frontline Equity Fund -Grow-DIRECT (0.79% return)  Equity - Large Cap Fund 3 Switch to UTI MasterShare - Growth
Kotak Std Multicap-Direct Plan-Gr (4% return) Equity - Multi Cap Fund 2 Switch to UTI Equity fund  - Growth
L&T Emerging Businesses Fund Direct Plan (-15% return) Equity - Small cap Fund 2 switch to Axis ESG Fund  - Growth
L&T India Value Fund Direct Plan – Growth (0.38% return) Equity - Value Fund 2 switch to Axis ESG Fund  - Growth
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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Head, Rank MF - Answered on Jun 10, 2022

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I am 48. Sir I have SIP in the following funds. Please let me know if I should continue or need to do any change in my investment. 1) ADITYA BIRLA SUN LIFE FRONTLINE EQUITY FUND-GROWTH Rs.1000 13.06.2016 (date) 2) DSP MID CAP FUND--GROWTH Rs.3000 12.06.2017 3) HDFC MID CAP OPPORTUNITIES FUND-GROWTH Rs.2000 20.12.2016 4) ICICI PRUDENTIAL VALUE DISCOVERY FUND-GROWTH Rs.1000 14.06.2016 5) MIRAE ASSET EMERGING BLUECHIP FUND-GROWTH Rs.1000 14.06.2016 6) MIRAE ASSET TAX SAVER FUND-GROWTH Rs.2000 19.12.2016 7) HDFC CHILDRENS GIFT FUND-GROWTH Rs.1000 13.06.2016 8) AXIS FLEXI CAP FUND-GROWTH Rs.3000 02.06.2021 9) MIRAE ASSET HYBRID-EQUITY FUND-GROWTH Rs.1500 02.06.2021 10) MIRAE ASSET MIDCAP FUND-GROWTH Rs.3000 05.07.2021 11) NIPPON INDIA SMALL CAP FUND -GROWTH Rs.1000 26.12.2017 Sir I have invested lump sum amount in the following funds. Please suggest whether to continue or exit. 1) ADITYA BIRLA SUN LIFE BANKING AND FINANCIAL Rs.50,000 22.08.2016 (date) Rs.79,647 (present value) SERVICES FUND-GROWTH 2) ADITYA BIRLA SUN LIFE FRONTLINE EQUITY Rs.50,000 22.08.2016 Rs.87,455 FUND-GROWTH 3) ADITYA BIRLA SUN LIFE SMALL CAP FUND-GROWTH Rs.100,000 29.06.2017 Rs.132,490 4) HDFC HYBRID EQUITY FUND-GROWTH Rs.120,273 01.06.2018 Rs.178,746 5) ICICI PRUDENTIAL BLUECHIP FUND-RETAIL-GROWTH Rs.20,042 22.02.2018 Rs.31,422 6) L&T INDIA VALUE FUND-GROWTH Rs.25,000 22.08.2016 Rs.48,505 7) L&T INDIA VALUE FUND-GROWTH Rs.150,000 17.04.2017 Rs.245,565 8) MIRAE ASSET TAX SAVER FUND-GROWTH Rs.25,000 22.08.2016 Rs.61,878 9) MIRAE ASSET TAX SAVER FUND-GROWTH Rs.105,000 28.04.2017 Rs.216,372 10) ADITYA BIRLA SUN LIFE PURE VALUE FUND-GROWTH Rs.50,000 06.11.2018 Rs.65,281 11) ADITYA BIRLA SUN LIFE TAX RELIEF 96-GROWTH Rs.100,000 06.11.2018 Rs.128,895 12) L&T EMERGING BUSINESS FUND-GROWTH Rs.100,000 13.12.2017 Rs.155,097 13) MIRAE ASSET BANKING & FINANCIAL Rs.264,987 16.12.2020(STP) Rs.273,346 SERVICES FUND-GROWTH 14) MIRAE ASSET BANKING & FINANCIAL Rs.50,000 23.11.2021 Rs.44,129 SERVICES FUND-GROWTH 15) MIRAE ASSET GREAT CONSUMER FUND-GROWTH Rs.180,000 13.12.2017 Rs.284,600 16) MIRAE HEALTHCARE FUND-GROWTH Rs.200,000 09.11.2018 Rs.401,429 17) MIRAE ASSET MIDCAP FUND-GROWTH Rs.235,462 9.12.2020(STP) Rs.280,601 18) NIPPON INDIA SMALL CAP FUND-GROWTH Rs.100,000 12.12.2017 Rs.178,693 19) TATA FLEXI CAP FUND-GROWTH Rs.100,000 09.11.2018 Rs.149,127 20) TATA INDIA CONSUMER FUND-PLAN A-GROWTH Rs.100,000 09.11.2018 Rs.141,382 21) UTI SMALL CAP FUND-GROWTH Rs.100,523 22.12.2020(STP) Rs.137,025
Ans: Too many funds, please consolidate it in 4 to 5 funds

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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Dec 21, 2021

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Request you to review and provide your suggestions: Mutual Funds Plan type Amount UTI Nifty Index Fund Direct Growth Plan Rs 4,000 pm HDFC Index Fund Direct Growth Plan Rs 4,000 pm Axis MF Bluechip fund Growth -- Direct Rs 4,000 pm Canara Robeco Flexi Cap Fund Direct Plan -- Growth Rs 4,000 pm Parag Parikh Flexi Cap Fund Direct Plan -- Growth Rs 4,000 pm PGIM India India Flexi Cap Fund Direct Plan - Growth Rs 4,000 pm Quant Active Fund Direct Plan -- Growth Rs 4,000 pm IIFL Focused Equity Fund Direct Plan -- Growth Rs 2,000 pm Axis Small Cap Fund Growth -- Direct Rs 2,000 pm UTI Value Opportunities Fund Direct Plan -- Growth Rs 2,000 pm Canara Robeco Emerging Equities Direct Plan -- Growth Rs 2,000 pm Axis Midcap fund Growth -- Direct Rs 2,000 pm PGIM India Midcap Opportunities Fund Direct Plan - Growth Rs 2,000 pm Lump sum investment Mutual Funds Plan type Amount IDFC Government Securities Fund Growth -- Direct Plan Rs 1.3 lakhs DSP Government Securities Fund Direct Plan -- Growth, Gilt Fund Rs 55,000 Kotak Money Market Fund Direct Plan -- Growth Rs 7.5 lakhs UTI Ultra Short Term Fund Direct Plan -- Growth Rs 9 lakhs I want to withdraw 50 per cent from Kotak and UTI and invest in Edelweiss Money Market Fund (Direct Plan -- Growth Money Market Fund) and PGIM India Ultra Short Term Fund (Direct Plan -- Growth Ultra Short Duration Fund). Is it a good idea? I have also invested Rs 1.3 lakhs in Mirae Asset Large Cap Fund (Direct -- Growth) through SIP. Now I want to exit and invest in Mirae Asset Emerging Bluechip Fund. Is it a good idea? If yes, please suggest withdrawal and invest through SWP or lumpsump?
Ans: Do it through STP route.

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Ramalingam

Ramalingam Kalirajan  |7872 Answers  |Ask -

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

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I am having following 6 regular SIPs in mutual funds 1. SBI Contra Fund Rs 2,000/- 2. SBI Small Cap Fund ,000/- 3. SBI Retirement Benefit Fund Aggressive Growth Rs 2,000/- 4. SBI PSU Fund lumpsum Rs 11000/- 5. Quant Small Cap Fund Rs 1000/- 6. ICICI Prudential Infrastructure Growth Fund 500/- Please advise whether I should continue with these funds or exit. Aloke
Ans: Review and Recommendations for Your Mutual Fund Portfolio
Overview of Your Current Investments
You have a diversified portfolio with the following SIPs and a lump sum investment:

SBI Contra Fund: ?2,000/- per month
SBI Small Cap Fund: ?2,000/- per month
SBI Retirement Benefit Fund Aggressive Growth: ?2,000/- per month
SBI PSU Fund: Lump sum ?11,000/-
Quant Small Cap Fund: ?1,000/- per month
ICICI Prudential Infrastructure Growth Fund: ?500/- per month
Compliments on Your Investment Strategy
Your disciplined approach to investing through regular SIPs is commendable. Investing in a variety of funds shows your understanding of diversification. This strategy helps mitigate risks and enhances the potential for growth.

Analytical Review of Your Portfolio
SBI Contra Fund:

Contra funds invest in undervalued stocks, anticipating future growth.
These funds can offer high returns but come with increased risk.
Consider if this aligns with your risk tolerance and investment horizon.
SBI Small Cap Fund:

Small cap funds can generate significant growth over time but are highly volatile.
Ensure this fund aligns with your risk appetite and long-term goals.
SBI Retirement Benefit Fund Aggressive Growth:

This fund focuses on long-term growth for retirement.
It's a good choice for aggressive investors aiming for high returns over time.
SBI PSU Fund:

Investing in Public Sector Units can be beneficial but is sector-specific and carries concentration risk.
Regularly review this fund's performance and the overall sector outlook.
Quant Small Cap Fund:

Like the SBI Small Cap Fund, this fund offers high growth potential with high risk.
Diversifying within the small cap segment might not be necessary.
ICICI Prudential Infrastructure Growth Fund:

Infrastructure funds invest in infrastructure-related companies.
These funds can provide good returns during economic growth periods but are sector-specific and volatile.
Recommendations for Portfolio Improvement
Diversify Across Market Caps and Sectors:

Your portfolio has a significant focus on small cap and sector-specific funds.
Consider adding a large cap or a diversified equity fund to balance risk and stability.
Consolidate Small Cap Investments:

Holding multiple small cap funds may not be necessary.
You can consolidate into one fund to avoid overlap and simplify management.
Review Sector-Specific Funds:

Sector-specific funds like PSU and Infrastructure can be volatile.
Regularly monitor their performance and consider switching to more diversified funds if needed.
Consider Professional Management:

Direct funds have lower expenses but require active monitoring.
Investing through a certified financial planner can provide professional management and potentially better returns.
Steps for Continued Success
Regular Portfolio Reviews:

Periodically review your portfolio to ensure it aligns with your goals and market conditions.
Make adjustments as needed to stay on track.
Increase SIP Amounts Gradually:

As your income grows, consider increasing your SIP amounts.
This will help you build a larger corpus over time.
Maintain an Emergency Fund:

Ensure you have an emergency fund to cover unexpected expenses.
This prevents the need to withdraw from your investments prematurely.
Stay Informed and Educated:

Stay updated on market trends and financial news.
Continuous learning will help you make informed investment decisions.
Conclusion
Your current portfolio is well-diversified but has a significant focus on small cap and sector-specific funds. Consider balancing it with more stable large cap or diversified equity funds. Regularly review and adjust your investments to align with your goals and risk tolerance. Your disciplined investment strategy and thoughtful planning are commendable. With consistent efforts and regular reviews, you are well on your way to achieving your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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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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