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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Nov 02, 2022

Mutual Fund Expert... more
Dharmesh Question by Dharmesh on Nov 02, 2022Hindi
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I have a SIPs in the following funds of Rs 20k. I want to create Rs 1 Cr corpus in 5-10 yrs. Current corpus is Rs 30 lakh. Please suggest the best option.

Aditya Birla Sun Life Equity Advantage Fund - Growth -- 1500

Aditya Birla Sun Life Pure Value Fund - Growth -- 3000

Axis Bluechip Fund - Regular Plan - Growth -- 1500

Franklin India Focused Equity Fund - Growth -- 2000

Franklin India Smaller Companies Fund - Growth -- 2000

HDFC Top 100 Fund - Growth -- 1500

Sundaram Mid Cap Fund - Regular Plan - Growth -- 2000

Aditya Birla Sun Life Tax Relief '96 - Growth -- 1500

Axis Long Term Equity Fund - Regular Plan - Growth --  2500

DSP Tax Saver Fund - Regular Plan - Growth -- 2500

Ans: To create a corpus of 1 crs (present corpus 30 lakh) in 10 years present SIPs Investment are sufficient.

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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

Sanjeev Govila  |458 Answers  |Ask -

Financial Planner - Answered on Sep 20, 2023

Asked by Anonymous - Aug 25, 2023Hindi
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Hello I am 35 years old and want to generate a corpus fund of 4~5 cr in 15 years. My current SIP is 30k a month in the following: KOTAK SMALL CAP FUND - GROWTH - 2500 QUANT FLEXI CAP FUND REGULAR PLAN - GROWTH- 2500 TATA LARGE AND MID CAP FUND REGULAR PLAN GROWTH - 2500 UTI MASTERSHARE UNIT SCHEME - GROWTH PLAN - 2500 ICICI PRUDENTIAL INNOVATION FUND REGULAR PLAN GROWTH - 10000 UTI NIFTY 50 EQUAL WEIGHT INDEX FUND - REGULAR PLAN - 5000 GROWTH BANDHAN EMERGING BUSINESSES FUND REGULAR PLAN-GROWTH -1250 ADITYA BIRLA SUN LIFE GENNEXT FUND-GROWTH - 1250 TATA SMALL CAP FUND REGULAR PLAN GROWTH - 1250 SBI SMALL CAP FUND REGULAR GROWTH - 1250
Ans: After reviewing your portfolio, we propose that you discontinue your SIPs in Thematic Funds. Thematic funds are highly risky in nature and it is difficult to predict which sector will perform when and where, and begin your SIPs with funds that have proven past records. We also recommend that you keep a mix of equity and hybrid funds in your portfolio to ensure stability and recommend investing in various categories of equities mutual funds, i.e Large Cap, Mid Cap, Small Cap, and Flexi Cap. Investment across category provide proper diversification.

As you will require around 4-5 Cr in 15 years, we recommend you to increase your SIPs on yearly basis and It is recommendable to increase your SIPs by 5-10% every year as income grows. You can also invest some amount in Bulk when it is available with you such as yearly bonus, monthly or quarterly incentives etc.

We suggest you to maintain the discipline with your investments.
As it is said, “Successful investing takes time, discipline and patience”.

..Read more

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Krishna

Krishna Kumar  |358 Answers  |Ask -

Workplace Expert - Answered on Jul 26, 2024

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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