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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Jun 15, 2022

Mutual Fund Expert... more
Munish Question by Munish on Jun 15, 2022Hindi
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I am 34, a beginner in MF and have recently started to invest in MF by SIP mode of Rs 5000. I am investing in these funds:

Axis blue chip - 2000

Icici prudential blue chip - 500

Mirae asset emerging bluechip - 1000

HDFC gold fund - 1500

Please suggest the funds for child education, retirement and breakup for the same.

Ans: These are decent funds, no need to add any more funds, depending upon the corpus required for different goals step up the amount in the above funds only!

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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Sir, I am 35, following are my SIPs per month: I have just started investment 1. Canara Robeco ELSS Tax Saver- Rs. 1000/- 2. HDFC Large and Mid Cap Fund Regular Growth- Rs. 1000/- 3.HDFC Flexicap Fund Regular Plan Growth- 1000/- 4. HDFC Retirement Saving Fund- Regular Plan Growth-1000/- 5. HDFC Balanced Advantage Fund - Regular Plan Growth- 1000/-. 6. Icici prudential Balanced Advantage Fund Regular-1000 7. Icici prudential Dividend Yield Fund-1000 8. Icici prudential Equity and Debt fund-1000 9. Icici prudential Value and Discovery fund-1000 10. Nippon small and multi cap-1000 Please suggest whether if any changes needed or should I continue investing on above mf
Ans: You've set a strong foundation with a diverse range of funds, showing a proactive approach to investing. However, there are a few considerations to keep in mind to optimize your portfolio:

Diversification: While diversifying across fund types is good, ensure you're not over-diversifying within similar categories. Consolidating similar funds can simplify your portfolio.
Consistency: Regular review is essential. Keep an eye on fund performance, and if a fund consistently underperforms its benchmark or peers, consider replacing it.
Goals Alignment: Ensure your investment choices align with your financial goals. For example, ELSS for tax-saving should ideally be held for the long term, while balanced funds can offer a mix of growth and stability.
Risk Tolerance: Understand your risk tolerance. Some funds like small and mid-cap or value discovery can be more volatile but offer higher growth potential. Ensure your portfolio aligns with your risk appetite.
Costs: Keep an eye on the expense ratio. Lower expense ratios can improve your returns over the long term.
Considering these factors, you might consider:

Consolidating funds with similar objectives.
Reviewing the performance of Icici prudential Dividend Yield Fund and Nippon small and multi-cap, as these categories can be volatile.
Rebalancing your portfolio periodically to ensure alignment with your goals and risk tolerance.
Remember, while it's essential to stay invested for the long term, regular reviews and adjustments can help optimize your returns and keep your portfolio aligned with your financial goals. Consult with a financial advisor for personalized advice tailored to your needs.
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After working in USA for 8!yrs,purchased villa,car there,greencard cleared 2nd stage,I came to India in 2008 to get married and go back to USA. I was working in trivandrum as a IT professional and company which had partnership with company in USA, gave me time to get married and afterwards had plans to send me to USA , transfer to my parent company and process my greencard for 3rd stage. Through a marriage broker from my native place davanagere, I was married to a woman from gulbarga.her health was not good from day one and her parents going thru divorce. Her father instead of giving divorce to her mother,locked her in a compound in gulbarga with dogs and did not allow her to go out of compound for years and she passed away in 2013.even though a daughter born to my wife,me, daughter has heart surgery in 2011 and doctors suggested a surgery for wife. After wife's mother passed away in 2013,her father kidnapped my daughter,wife and did not allow them to come back and also had a ex parte divorce filed from my wife. I have been receiving news that my daughter was attacked in gulbarga compound in 2020 and passed away.but it could not be confirmed. My 35+ visits to gulbarga did not yield a visitation to my daughter. My lawyers in Bangalore, gulbarga suggested me to find a new woman and get married since 2020. Even though while I worked in Honeywell since 2016, I found a good woman, relationship could not be pursued. However since 06/2018,I am free to pursue a woman and get into relationship/marriage. I am staying alone since 6+ yrs in Bangalore,I have no wife/girlfriend living with me. I also do not have any kids living with me. It will take some time to find a woman and get married (my father,uncle passed away in last 3 yrs and my mother is in late 70s and no one helping me to get married). 2 weeks back I was invited to attend a jewellery shop inauguration at Kadapa AP which was attended by Telugu actress Sreeleela. She also performed a dance which I am very impressed. I saw her several videos and daily watch her many songs.She is in the right age, very rich and if she gets into relationship with me,it will solve all my problems and I will also support her in her career ie acting plus doctors job and it will be a win-win scenario. I do not have her direct contact info nor there is a coordinator who will coordinate between us.pleqse advise further on how to proceed further
Ans: Dear Guru,
I am truly sorry to hear of the hardships that you have faced.
Instead of living in a dream world, why not instead focus on going the usual route of finding someone who is like-minded and shares the same value systems as you?
And what is this statement that if you marry this actress, all your problems will be solved? Does she want to solve your problems or do you think she is waiting to marry you and solve your problems? Please step out of this dream world, get real!

I suggest that you rebuild your life sensibly and eventually if the right person also is interested in you (if she's a celebrity, then Congratulations), then move on with life by chalking out the path realistically. The person you look for must also align with your life's goals and your values...focus on this...

And sorry if this is going to sound rude to you: This platform is not for people to request Gurus to find out numbers of celebrities or their managers BUT for people to reach out to Gurus who can guide them with their life's challenges.

All the best!
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Ans: Dear Anonymous,
Are you writing to me to know how to handle the anger issues or whether you must marry this person you have mentioned about?
Anger and impulsiveness stems from the way you have conditioned yourself to handle situations. There is enough and more content on prominent websites that guide you through this whereby you teach yourself to calm down and act in a well-thought out manner.
On the topic of this lady who happens to be a distant relative, you do need to understand the impact this will have medically on children should you decide to have children later...if you have discussed all this in detail and you two know that the marriage can help you grow and evolve, well...you know what to do.

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Your home, your rules and if anyone has a problem with it even if its your in-laws, kindly put your foot down.
Of course, also note that at times people from the previous generation have a way of showing love through cooking large quantities of food; but if wastage is the sore point; be firm about it even if it means that it is going to hurt their sentiments. Sooner than later they will realize that it's not about you but what you are comfortable with and the issue will slowly become a non-issue.

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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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