Would like to get advice on the following schemes that I have invested myself in monthly SIPs. I have done some analysis on the annualised return that I have made on these starting from 2015. Also I have given the portfolio allocation % in the attached file in col B. Please if you can advise on which schemes I should get rid of, further invest, continue with no further investment.

Name of the Fund Category RankMF Star Rating

Axis Long Term Equity Fund - Gr Equity - ELSS 5

Axis MidCap Fund - Gr Equity - Midcap Fund 4

Axis Multicap Fund - Gr Equity - Multi Cap Fund 5

DSP Tax Saver Fund - Gr Equity - ELSS 4

Kotak Bluechip Fund - Gr Equity - Large Cap Fund 4

Aditya Birla Sun Life Frontline Equity Fund - Gr Equity - Large Cap Fund 4

Aditya Birla Sun Life MNC Fund Gr Equity - Thematic Fund - MNC 4

DSP Equity Opportunities Fund - Gr Equity - Large & Midcap Fund 4

Kotak Standard Multicap Fund - Gr Equity - Multi Cap Fund 4

SBI Magnum Global Fund - Gr Equity - Thematic Fund - MNC 4

Tata Midcap Growth Fund - Gr Equity - Midcap Fund 3

HDFC Top 100 Fund - Gr Equity - Large Cap Fund 4

IDFC Multi Cap Fund - Regular Plan- Gr Equity - Multi Cap Fund 4

Nippon India Growth Fund - Gr Equity - Midcap Fund 2

Aditya Birla Sun Life Equity Advantage Fund - Gr Equity - Large & Midcap Fund 4

Aditya Birla Sun Life Equity Fund - Gr Equity - Multi Cap Fund 4

Aditya Birla Sun Life Tax Relief 96 Fund - Gr Equity - ELSS 4

DSP Midcap Fund - Reg Gr Equity - Midcap Fund 5

HDFC Balanced Advantage Fund Gr Hybrid - Balanced Advantage 4

HDFC Equity Fund - Gr Equity - Multi Cap Fund 4

HDFC Midcap Opportunities Fund- Gr Equity - Midcap Fund 3

Invesco India Midcap Fund - Gr Equity - Midcap Fund 3

Kotak Emerging Equity Fund - Gr Equity - Midcap Fund 4

Motilal Oswal Multicap 35 Fund - Gr Equity - Multi Cap Fund 5

Nippon India Vision Fund Gr Equity - Large & Midcap Fund 2

Sundaram Midcap Fund - Gr Equity - Midcap Fund 3

Tata Equity P/E Fund Gr Equity - Value Fund 5

DSP Small Cap Fund - Gr Equity - Small cap Fund 2

Kotak India Growth Fund Series 4 - Gr Close ended Scheme -

L&T India Value Fund - Gr Equity - Value Fund 3

L&T Midcap Fund - Gr Equity - Midcap Fund 3

Nippon India Small Cap Fund - Gr Equity - Small cap Fund 2

Nippon India Tax Saver Fund - Gr Equity - ELSS 2

Aditya Birla Sun Life Pure Value Fund - Gr Equity - Value Fund 2

HDFC Small Cap Fund - Gr Equity - Small cap Fund 2

L&T Emerging Businesses Fund - Gr Equity - Small cap Fund 2

Ans: You may continue with 4 & 5-Star rated ones and rest can be relooked.

Equity Value Funds:

Tata Equity PE fund
UTI value opportunity funds

Midcaps: Suitable options considering quality and value for money are:

Motilal Oswal Midcap 30
DSP Midcap
Kotak Emerging Equity Fund
Small Cap
Kotak Small Cap
Axis Small Cap

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.

Name of the Fund	Category	RankMF Star Rating
Axis Long Term Equity Fund - Gr	Equity - ELSS	5
Axis MidCap Fund - Gr	Equity - Midcap Fund	4
Axis Multicap Fund - Gr	Equity - Multi Cap Fund	5
DSP Tax Saver Fund - Gr	Equity - ELSS	4
Kotak Bluechip Fund - Gr	Equity - Large Cap Fund	4
Aditya Birla Sun Life Frontline Equity Fund - Gr	Equity - Large Cap Fund	4
Aditya Birla Sun Life MNC Fund Gr	Equity - Thematic Fund - MNC	4
DSP Equity Opportunities Fund - Gr	Equity - Large & Midcap Fund	4
Kotak Standard Multicap Fund - Gr	Equity - Multi Cap Fund	4
SBI Magnum Global Fund - Gr	Equity - Thematic Fund - MNC	4
Tata Midcap Growth Fund - Gr	Equity - Midcap Fund	3
HDFC Top 100 Fund - Gr	Equity - Large Cap Fund	4
IDFC Multi Cap Fund - Regular Plan- Gr	Equity - Multi Cap Fund	4
Nippon India Growth Fund - Gr	Equity - Midcap Fund	2
Aditya Birla Sun Life Equity Advantage Fund - Gr	Equity - Large & Midcap Fund	4
Aditya Birla Sun Life Equity Fund - Gr	Equity - Multi Cap Fund	4
Aditya Birla Sun Life Tax Relief 96 Fund - Gr	Equity - ELSS	4
DSP Midcap Fund - Reg Gr	Equity - Midcap Fund	5
HDFC Balanced Advantage Fund Gr	Hybrid - Balanced Advantage	4
HDFC Equity Fund - Gr	Equity - Multi Cap Fund	4
HDFC Midcap Opportunities Fund- Gr	Equity - Midcap Fund	3
Invesco India Midcap Fund - Gr	Equity - Midcap Fund	3
Kotak Emerging Equity Fund - Gr	Equity - Midcap Fund	4
Motilal Oswal Multicap 35 Fund - Gr	Equity - Multi Cap Fund	5
Nippon India Vision Fund Gr	Equity - Large & Midcap Fund	2
Sundaram Midcap Fund - Gr	Equity - Midcap Fund	3
Tata Equity P/E Fund Gr	Equity - Value Fund	5
DSP Small Cap Fund - Gr	Equity - Small cap Fund	2
Kotak India Growth Fund Series 4 - Gr	Close ended Scheme	-
L&T India Value Fund - Gr	Equity - Value Fund	3
L&T Midcap Fund - Gr	Equity - Midcap Fund	3
Nippon India Small Cap Fund - Gr	Equity - Small cap Fund	2
Nippon India Tax Saver Fund - Gr	Equity - ELSS	2
Aditya Birla Sun Life Pure Value Fund - Gr	Equity - Value Fund	2
HDFC Small Cap Fund - Gr	Equity - Small cap Fund	2
L&T Emerging Businesses Fund - Gr	Equity - Small cap Fund	2

Name of the Fund	Category	RankMF Star Rating	Recommendations
Ramesh Koti
1) Birla Sun Life Pure Value Fund – Growth	Equity - Value Fund	1	switch to Axis ESG Fund - Growth
2) Canara Robeco Emerging Equities – Growth	Equity - Large & Mid Cap Fund	4	continue
3) DSP Black Rock Income Opportunities Fund - Growth (Dsp Credit Risk Fund - Regular Plan)	Debt - Credit Risk Fund	2	Credit Risk funds to be avoided , instead Corporate Bond or Banking and PSU funds to be considered
4) DSP Black Rock Small And Mid Cap Fund - Growth
Dsp Small Cap Fund - Regular Plan – Growth	Equity - Small cap Fund	2	switch to Axis ESG Fund - Growth
Dsp Midcap Fund - Growth	Equity - Mid cap Fund	4	continue
5) Franklin India Prima Fund - Growth	Equity - Mid Cap Fund	2	Switch to - Dsp Midcap Fund - Growth
6) Kotak Emerging Equity Scheme - Regular Plan - Growth	Equity - Mid Cap Fund	3	Switch to - Dsp Midcap Fund - Growth
7) L&T Emerging Businesses Fund - Regular Plan - Growth	Equity - Small cap Fund	2	switch to Axis ESG Fund - Growth
8) L&T India Value Fund - Regular Plan – Growth	Equity - Value Fund	2	switch to Axis ESG Fund - Growth
9) SBI Magnum Midcap Fund - Growth	Equity - Mid Cap Fund	2	Switch to - Dsp Midcap Fund - Growth
10) Sundaram Select Midcap – Growth	Equity - Focused Fund	2	switch to Axis Focused 25 Fund - Growth