Home > Money > Question
Need Expert Advice?Our Gurus Can Help
Ulhas

Ulhas Joshi  | Answer  |Ask -

Mutual Fund Expert - Answered on Dec 14, 2023

With over 16 years of experience in the mutual fund industry, Ulhas Joshi has helped numerous clients choose the right funds and create wealth.
Prior to joining RankMF as CEO, he was vice president (sales) at IDBI Asset Management Ltd.
Joshi holds an MBA in marketing from Barkatullah University, Bhopal.... more
Asked by Anonymous - Dec 14, 2023Hindi
Listen
Money

Hi Ulhas, I am investing 18k through SIP in the following Funds. 3k-Quant small cap, 3k-Nippon Small cap, 2k-HSBC Foccused fund, 2K-Quant Multi Asset, 3k-Tata Digital India fund, 2k-Axis ELSS Tax Saver, 3k-Aditya Birla sun life Liquid Fund. All Direct Funds. Investment Horizon - 15 to 20 Years. Goal - Wealth Creation, Risk Appetite- High. Please advise if I should pause or continue with these mutual funds.

Ans: Hello & thanks for writing to me.

I notice that you are investing in ABSL Liquid Fund. Liquid funds are debt investments that invest in debt & money market securities expiring in 91 days. This SIP is not in line with your objective of long term wealth creation. You can consider stopping SIP in this fund, redeem the investment in the fund & invest in other equity schemes.

The other schemes you invest in are good schemes and you may continue your SIP's in those schemes. Note that periodic rebalancing is essential to ensure you are on track to achieve your goals.
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.
Money

You may like to see similar questions and answers below

Ramalingam

Ramalingam Kalirajan  |8086 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 01, 2024

Asked by Anonymous - Mar 24, 2024Hindi
Listen
Money
Hi sir,I am 40 years old, my goal is retirement with 5 cr. I am investing 25k through SIP in the following Funds. 5k- icici pru bharat 23fof 5k-motilal oswal mid, 5K-Quant large and mid, 5k-Nippon Small cap 5k-Quant small cap, All Direct Funds. Investment Horizon - 20 to 22 Years. Goal -please check my portfolio,Wealth Creation, Risk Appetite- High. Please advise if I should pause or continue with these mutual funds.
Ans: Based on your investment horizon, risk appetite, and goal of accumulating 5 crores for retirement over the next 20 to 22 years, let's evaluate your current mutual fund portfolio:

ICICI Prudential Bharat 22 FOF: This fund aims to invest in a diversified portfolio of equity and equity-related securities of companies participating in the growth of Indian economy, and also in units of Bharat 22 ETF. As it focuses on large-cap and well-established companies, it can provide stability to your portfolio. However, since it's a fund of funds (FOF), it may have slightly higher expenses compared to regular equity funds.

Motilal Oswal Midcap 30 Fund: This fund primarily invests in mid-cap stocks, which have the potential for high growth but also come with higher volatility compared to large-cap stocks. Given your high risk appetite, this fund can be suitable for your portfolio as it aims to capture the growth potential of mid-sized companies.

Quant Large and Mid Cap Fund: This fund follows a quantitative investment approach, which uses mathematical models to select stocks based on predefined criteria. While quantitative strategies can offer a systematic approach to investing, it's essential to assess the fund's track record and performance consistency over time.

Nippon India Small Cap Fund: Investing in small-cap companies can provide significant growth opportunities, but it also comes with higher risk and volatility. Given your risk appetite, allocating a portion of your portfolio to small-cap funds can be suitable for long-term wealth creation, provided you can tolerate the associated volatility.

Quant Small Cap Fund: Similar to Quant Large and Mid Cap Fund, this fund follows a quantitative approach to investing but focuses on small-cap stocks. As with any small-cap fund, be prepared for higher volatility and fluctuations in returns.

Considering your high risk appetite and long investment horizon, your current portfolio appears aligned with your goals. However, it's essential to regularly review your investments and monitor the performance of your funds. If any fund consistently underperforms or deviates from its investment mandate, consider replacing it with a better-performing alternative.

Additionally, since you have a long investment horizon, you can consider increasing your SIP amounts periodically to benefit from the power of compounding and accelerate wealth accumulation. As always, consult with a financial advisor to ensure your investment strategy remains appropriate based on your evolving financial circumstances and goals.

..Read more

Ramalingam

Ramalingam Kalirajan  |8086 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Listen
Money
Hi sir,I am 40 years old, my goal is retirement with 5 cr. I am investing 25k through SIP in the following Funds. 5k- icici pru bharat 23fof 5k-motilal oswal mid, 5K-Quant large and mid, 5k-Nippon Small cap 5k-Quant small cap, All Direct Funds. Investment Horizon - 20 to 22 Years. Goal -please check my portfolio,Wealth Creation, Risk Appetite- High. Please advise if I should pause or continue with these mutual funds.
Ans: Looks like you've got a good head start on your retirement savings plan! It's great that you're investing consistently through SIPs and have a long investment horizon. Let's break down your portfolio:
Good Diversification: Having a mix of funds across large-cap, mid-cap, and small-cap captures different risk-reward opportunities. This is a good approach for building wealth over the long term.
High Risk Appetite: Your fund selection indicates a high-risk appetite. This can potentially lead to higher returns, but also means your investments can experience more ups and downs along the way.
Consider Portfolio Review: While a general overview looks promising, a more in-depth analysis might be helpful. A Certified Financial Planner (CFP) can assess your individual risk tolerance, investment goals, and review your specific fund choices to ensure they align with your overall plan.
Staying the Course: Remember, market fluctuations are normal. Don't panic and make impulsive decisions based on short-term dips. If you have a long-term view (20-22 years) and stay invested, your SIPs can help you ride out market volatility.
Keep an Eye on It: Periodic reviews are important. Markets and your financial goals can evolve over time. A CFP can help you monitor your portfolio and make adjustments as needed.


There are some advantages to consider direct funds, and the cost savings can be significant in the long run. However, there are some potential benefits to using a regular MFD:
Advantages of Investing Through a Mutual Fund Distributor (MFD):
• Personalized Advice: MFDs can be helpful for beginners or those who lack investment knowledge. They can assess your risk tolerance, financial goals, and investment horizon to recommend suitable mutual funds. This personalized guidance can be valuable, especially if you're new to investing.
• Convenience: MFDs handle all the paperwork and transactions on your behalf, saving you time and effort. They can help with account setup, SIP registrations, and managing your portfolio across different funds.
• Investor Support: MFDs can be a point of contact for any questions or concerns you may have about your investments. They can provide ongoing support and guidance throughout your investment journey.

Overall, you're on the right track! Keep up the good work!
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8086 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Listen
Money
Hi sir,I am 40 years old, my goal is retirement with 5 cr. I am investing 25k through SIP in the following Funds. 5k- icici pru bharat 22fof 5k-motilal oswal mid, 5K-Quant large and mid, 5k-Nippon Small cap 5k-Quant small cap, All Direct Funds. Investment Horizon - 20 to 22 Years. Goal -please check my portfolio,Wealth Creation, Risk Appetite- High. Please advise if I should pause or continue with these mutual funds.
Ans: Your investment approach demonstrates a proactive mindset towards achieving your retirement goal. With a high-risk appetite and a long investment horizon of 20 to 22 years, you've chosen funds that align with your objectives.

Your portfolio consists of a mix of funds across various market caps, providing diversification and potential for growth. However, it's essential to periodically review your investments to ensure they remain aligned with your goals and market conditions.

Given your high-risk appetite, the funds you've selected appear suitable for wealth creation over the long term. However, consider monitoring their performance regularly and adjusting allocations if needed. Additionally, stay informed about economic and market trends that could impact your investments.

As you progress towards your retirement goal, you may consider rebalancing your portfolio periodically to maintain an optimal mix of assets. Consulting with a Certified Financial Planner can provide valuable insights and guidance tailored to your specific circumstances.

Overall, your proactive approach to investing and commitment to long-term wealth creation are commendable. By staying disciplined and informed, you're on track to achieve your retirement goal of 5 crores. Keep nurturing your investments, and they're likely to flourish over the years ahead.

..Read more

Ramalingam

Ramalingam Kalirajan  |8086 Answers  |Ask -

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

Listen
Money
Hi sir,I am 40 years old, my goal is retirement with 5 cr. I am investing 25k through SIP in the following Funds. 5k- icici pru bharat 23fof 5k-motilal oswal mid, 5K-Quant large and mid, 5k-Nippon Small cap 5k-Quant small cap, All Direct Funds. Investment Horizon - 20 to 22 Years. Goal -please check my portfolio,Wealth Creation, Risk Appetite- High. Please advise if I should pause or continue with these mutual funds.
Ans: Portfolio Review and Recommendations for Wealth Creation
Overview of Current Investments
Your portfolio consists of a monthly SIP of ?25,000 distributed as follows:

?5,000 in ICICI Prudential Bharat 23 FoF
?5,000 in Motilal Oswal Midcap Fund
?5,000 in Quant Large and Mid Cap Fund
?5,000 in Nippon Small Cap Fund
?5,000 in Quant Small Cap Fund
You have a high-risk appetite and a 20 to 22-year investment horizon with a goal of creating a retirement corpus of ?5 crores.

Compliments on Your Investment Strategy
Your disciplined approach to investing through SIPs is commendable. Consistency in SIPs, especially in equity funds, aligns well with your high-risk appetite and long-term horizon. This strategy helps in rupee cost averaging and compounding returns over time.

Analytical Review of Your Portfolio
ICICI Prudential Bharat 23 FoF:

This fund focuses on sectors highlighted in the Bharat 23 theme.
While thematic funds can offer high returns, they come with concentrated risks.
Motilal Oswal Midcap Fund:

Midcap funds can provide significant growth over the long term.
They are suitable for investors with a high-risk appetite due to higher volatility.
Quant Large and Mid Cap Fund:

This fund offers a balanced exposure to large-cap and mid-cap stocks.
It provides a good blend of stability and growth.
Nippon Small Cap Fund:

Small cap funds can generate high returns but come with higher risks.
They are more volatile compared to large and mid-cap funds.
Quant Small Cap Fund:

Similar to the Nippon Small Cap Fund, this fund focuses on high-growth small-cap companies.
Diversifying within the small cap segment may not be necessary.
Recommendations for Wealth Creation
Diversification:

Your portfolio is heavily tilted towards small and mid-cap funds.
Adding a large-cap fund or a diversified equity fund can provide stability.
Rebalance Sectoral/Thematic Exposure:

The ICICI Prudential Bharat 23 FoF is thematic.
Consider reducing exposure if the theme does not align with your overall strategy.
Consolidate Small Cap Investments:

Holding two small cap funds may not be necessary.
You can consolidate into one fund to avoid overlap and simplify management.
Consider Actively Managed Funds:

Direct funds have lower expense ratios but require more monitoring.
Actively managed funds can offer professional management and potential for higher returns.
Steps to Achieve ?5 Crores
Regular Review and Adjustments:

Periodically review your portfolio and make adjustments based on performance and market conditions.
Increase SIP Amount:

Gradually increase your SIP amount as your income grows.
This can significantly boost your corpus over the long term.
Emergency Fund and Insurance:

Ensure you have an emergency fund and adequate health and life insurance.
This protects your investments and provides peace of mind.
Stay Invested:

Market volatility is inevitable.
Staying invested and not reacting to short-term market fluctuations is crucial.
Conclusion
Your current portfolio is on the right track for wealth creation given your high-risk appetite and long-term horizon. However, some adjustments can enhance stability and growth potential. Diversifying across different market caps and sectors will help in balancing risk and returns. Keep increasing your SIPs and reviewing your portfolio regularly to stay aligned with your goals.

Your disciplined investment approach and thoughtful planning are commendable. With consistent efforts and regular reviews, you are well on your way to achieving your retirement goal of ?5 crores.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Latest Questions
Nayagam P

Nayagam P P  |4310 Answers  |Ask -

Career Counsellor - Answered on Mar 10, 2025

Listen
Career
I scored 99.815 percentile in general class jee mains 2025, is there any possibility of getting NIT TRICY or suratkal CSE?
Ans: Anandam, 99.815 is an excellent score. Here is, How to Predict Your Chances of Admission into NIT or IIIT or GFTI After JEE Main Results – A Step-by-Step Guide

Once the January JEE Main session results was declared, many students and JEE applicants started asking common questions about eligibility for specific institutes (NITs, IIITs, GFTIs, etc.) based on their percentile, category, preferred branch, and home state.

Providing precise admission chances for each student can be challenging. Some reputed educational websites offer ‘College Predictor’ tools where you can check possible college options based on your percentile, category, and preferences. However, for a more accurate understanding, here’s a simple yet effective 9-step method using JoSAA’s past-year opening and closing ranks. This approach gives you a fair estimate (though not 100% exact) of your admission chances based on the previous year’s data.

Step-by-Step Guide to Check Your Admission Chances Using JoSAA Data
Step 1: Collect Your Key Details
Before starting, note down the following details:

Your JEE Main percentile
Your category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Preferred institute types (NIT, IIIT, GFTI)
Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If you are open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select Your Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories.
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.
Follow this approach for Other State candidates Option also and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, and preparation strategies, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your admissions!

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

...Read more

Nayagam P

Nayagam P P  |4310 Answers  |Ask -

Career Counsellor - Answered on Mar 10, 2025

Asked by Anonymous - Mar 07, 2025Hindi
Listen
Career
My score is 88 percentile JEE Svnit possible
Ans: Here is, How to Predict Your Chances of Admission into NIT or IIIT or GFTI After JEE Main Results – A Step-by-Step Guide

Once the January JEE Main session results was declared, many students and JEE applicants started asking common questions about eligibility for specific institutes (NITs, IIITs, GFTIs, etc.) based on their percentile, category, preferred branch, and home state.

Providing precise admission chances for each student can be challenging. Some reputed educational websites offer ‘College Predictor’ tools where you can check possible college options based on your percentile, category, and preferences. However, for a more accurate understanding, here’s a simple yet effective 9-step method using JoSAA’s past-year opening and closing ranks. This approach gives you a fair estimate (though not 100% exact) of your admission chances based on the previous year’s data.

Step-by-Step Guide to Check Your Admission Chances Using JoSAA Data
Step 1: Collect Your Key Details
Before starting, note down the following details:

Your JEE Main percentile
Your category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Preferred institute types (NIT, IIIT, GFTI)
Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If you are open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select Your Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories.
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.
Follow this approach for Other State candidates Option also and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, and preparation strategies, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your admissions!

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

...Read more

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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

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

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

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x