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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Aug 11, 2021

Mutual Fund Expert... more
Rakesh Question by Rakesh on Aug 11, 2021Hindi
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I have been investing in various mutual funds over last two years. I am currently 32 and plan to continue investing for next 22 years minimum to create substantial corpus for child's future and retired life. Below is my portfolio on monthly, please suggest further:

Axis Blue chip 2000Rs 

Mirae Asset Emerging blue chip fund 3000Rs

Parag parikh cap fund 5000Rs

SBI small cap fund 5000Rs 

Total Amount invested monthly 15000Rs

Also I want to increase every year 1500Rs 

Can you suggest better funds?

Ans: These are good funds, please continue

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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Ramalingam Kalirajan  |878 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

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Hi Kirtan, I am 55 Yrs. working in private company, with monthly income of 3.0 lacs. Current investments in SIP since 2018 are - (1)Aditya Birla Sun Life Frontline Equity Growth-4000/ month(2)HDFC Mid-Cap Opportunities Fund - Growth- 4000/ month (3)ICICI PRu Value discovery G - 4000/- (4)UTI Transportation & Logistics G- 4000/ month(5) From 2023 : 1)SBI Contra direct Plan Growth - 10000/month (2)Canara Rebeco small cap fund direct growth - 10000/month. Would like to achieve for retirement corpus of 2 crore- Kindly review my investments , and suggest if any modifications required. I have other investments in FD- 50 lac, can take risk for till retirement Raj
Ans: Dear Raj,

It's commendable to see your proactive approach towards retirement planning. With a monthly income of 3.0 lacs and systematic investment plans (SIPs) since 2018, you've laid a foundation for your retirement corpus.

Let's review your current portfolio and provide some insights:

Equity Funds (SIPs since 2018):

Aditya Birla Sun Life Frontline Equity, HDFC Mid-Cap Opportunities, ICICI Pru Value Discovery, UTI Transportation & Logistics: These funds offer a diversified exposure across large-cap, mid-cap, and sector-specific themes. Ensure the funds align with your risk tolerance and investment horizon. Periodically review their performance and adjust if necessary.
New SIPs from 2023:

SBI Contra and Canara Robeco Small Cap Fund: SBI Contra focuses on undervalued stocks, and Canara Robeco Small Cap Fund aims for growth in small-cap companies. Given your existing SIPs, these funds could add a layer of diversification. However, small-cap funds tend to be more volatile; ensure they align with your risk appetite.
Fixed Deposits (FD):
Your FDs amounting to 50 lacs offer stability to your portfolio. While FDs provide security, the returns might not beat inflation over the long term. Consider gradually shifting a portion to equity mutual funds to potentially enhance returns, given your risk appetite.

Retirement Corpus:
To achieve a retirement corpus of 2 crore, ensure your investments are aligned with your retirement goals. Consider increasing SIP amounts periodically, taking advantage of compounding. Also, consider adding debt or balanced funds to reduce overall portfolio volatility as retirement approaches.

Suggestions:

Review & Rebalance: Periodically review your portfolio's performance and asset allocation. Rebalance if necessary to align with your retirement goals.
Diversification: Explore adding international funds or sector-specific funds to diversify further.
Tax Efficiency: Consider ELSS funds for tax-saving while aligning with retirement goals.
Given the complexities of retirement planning, consulting with a Certified Financial Planner can offer personalized guidance tailored to your retirement aspirations.

Your dedication to retirement planning is commendable, and with strategic planning, you're on the right path towards achieving your retirement goals.
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Ramalingam

Ramalingam Kalirajan  |878 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

Asked by Anonymous - Mar 15, 2024Hindi
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Hi, i am 52 years old, now i want to save some money for my daugters aged 27 and 20, i can save 25000 per month for 5 years, suggest me the good mutual funds, thanks
Ans: Dear Sir,

It's heartening to see your commitment to securing your daughters' futures. Saving for their milestones at this stage in life is a thoughtful gesture. With a monthly savings capacity of 25,000 INR for the next 5 years, let's craft a plan tailored to your goals.

Considering the time horizon and your daughters' ages, a balanced approach with a mix of equity and debt mutual funds could be beneficial. Here's a suggested allocation:

Equity Funds (60%): Equity funds have the potential to offer higher returns over the long term. Consider investing in well-established diversified equity funds or index funds that have a proven track record.
Debt Funds (30%): Debt funds can provide stability and reduce overall portfolio volatility. Opt for high-quality short to medium-term debt funds or hybrid funds that have a blend of equity and debt.
Liquid Funds (10%): For liquidity and ease of withdrawals, consider allocating a portion to liquid funds. They offer stability with the potential for slightly better returns than traditional savings accounts.
Some reputable mutual funds to consider across these categories are those with a consistent track record of performance, low expense ratios, and strong fund management.

Remember, while selecting funds is crucial, it's equally important to review and rebalance your portfolio periodically. Market conditions, economic factors, and personal circumstances may necessitate adjustments over time.

Given the intricacies of mutual fund selection and portfolio management, consulting with a Certified Financial Planner can provide personalized guidance aligned with your daughters' future needs.

Your dedication to their future is commendable, and with a well-structured plan, you're on the right path to achieving your savings goals.
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Ramalingam

Ramalingam Kalirajan  |878 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

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Dear Mr. Sunil Lala, I have been contributing 10,000 INR monthly to the Canara Robeco Emerging Equities Growth Fund for nearly seven years. Recently, I was advised that transferring investments from underperforming funds to better-performing ones is a wise strategy. Following this advice, I switched to the Canara Robeco Blue Chip Fund. However, I've noticed that the returns are not as expected. Should I consider switching back to the previous fund, or would it be more prudent to retain my position in the Blue Chip Fund? Please note, I am not currently enrolled in a SIP for the Blue Chip Fund
Ans: Dear Mr. Sunil Lala,

It's commendable that you've been consistent with your monthly contributions to the Canara Robeco Emerging Equities Growth Fund for nearly seven years. Making informed decisions based on performance advice is crucial, but it's equally important to understand the bigger picture.

Switching to a better-performing fund can indeed be a sound strategy, but it's essential to give investments time to perform and align with market cycles. Short-term performance fluctuations are common, and knee-jerk reactions may not always yield desired outcomes.

Considering your concerns about the returns from the Canara Robeco Blue Chip Fund, it's worth evaluating a few aspects:

Performance Analysis: Compare the historical performance of both funds over various market cycles to gauge their consistency.
Fund Objectives: Understand the investment objectives of both funds. Are they aligned with your risk tolerance and investment goals?
Exit Load and Tax Implications: Be aware of any exit loads or tax implications before making a switch.
If the Blue Chip Fund's performance doesn't align with your expectations, switching back to the previous fund could be an option. However, before making any decisions, consider consulting with a Certified Financial Planner to gain insights tailored to your financial situation.

Remember, investment decisions should be based on thorough research, understanding of fund objectives, and alignment with your financial goals. A well-informed choice will ensure your investments work effectively towards achieving your objectives.
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Ramalingam

Ramalingam Kalirajan  |878 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

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I am 44 yrs. of age. My corpus is approx. 3 cr with 1 cr in share market with SIP & 1 cr in banks FD & I cr in post office via KVP & other investment tools. I am doing monthly SIP of 30k in share market. . What way should I proceed so that I can get 2 lakh per month at age of 55 yrs.
Ans: Your diligent savings and investments have built a commendable corpus, setting a solid foundation for your financial future. Your goal to generate 2 lakh per month by the age of 55 is ambitious and requires careful planning.

Given your current investments, let's consider some strategic steps:

Review Asset Allocation: With 1 cr in share market SIPs and another 2 cr in relatively low-yield options like FDs and KVPs, consider rebalancing to align with your income goals. A more growth-oriented allocation may be needed.
Increase Equity Exposure: To potentially boost returns, consider increasing your exposure to equities. Equity investments, especially in well-performing sectors or diversified funds, could offer higher growth potential over the long term.
Diversify Income Streams: Besides relying solely on investments, explore creating multiple income streams. Rental income, dividends from shares, or even starting a small business could supplement your monthly income.
Optimize Tax Efficiency: Ensure your investments are tax-efficient. Utilize tax-saving instruments and consider tax-free or low-tax income options to maximize your post-tax returns.
Regular Review: Periodically review your portfolio's performance and adjust your strategy as needed. Market conditions, economic trends, and personal circumstances can impact your financial plan.
Remember, achieving your goal requires a well-thought-out strategy and disciplined execution. Consulting with a Certified Financial Planner can provide personalized guidance tailored to your aspirations.

Your commitment to financial planning is the cornerstone of achieving your dreams. Let's embark on this journey together, ensuring a rewarding and secure future.
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Ramalingam

Ramalingam Kalirajan  |878 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

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Hello Sir, I have the following Mutual Funds Investments, request you to let me know if these can be continued with or need to discontinue any of them, also please let me know new good performing funds to invest in. One time investment: (1) ICICI/ India Opportunities Fund - Growth - ?2,50,000, (2) ICICI/ Value Discovery Fund - Growth - ?2,50,000, (3) ICICI / Transporation & Logistics Fund - Growth - ?2,00,000. SIP Monthly: (4) Axis Flexi Cap Fund - Regular Plan - ?5,000, (5) Canara Robeco Emerging Equities - Regular Plan - ?5,000, (6) Aditya Birla SL Focused Equity Fund(G) - â‚15,000, (7) HDFC Mid-Cap Opportunities Fund(G) - ?5,000, (8) ICICI Pru Bluechip Fund(G) - ?5,000, (9) Axis Small Cap Fund - Regular Plan - ?5,000, (10) ICICI Prudential Technology Fund - Growth - ?5,000, (11) L&T Midcap Fund - HSBC Midcap Fund - ?5,000, (12) ICIPRU Multi-Asset Fund - Growth - ?5,000, (13) ICIPRU Value Discovery Fund - Growth - ?5,000. Thank You.
Ans: Dear Sir,

Your proactive approach to investing is commendable, showcasing a diversified portfolio across various sectors and fund categories. Let's review and offer some insights.

The funds you've chosen cover a broad spectrum, from sector-specific to multi-cap and mid-cap funds. Each has its unique potential and risk profile.

However, have you considered the overlapping sectors or similar investment themes in your portfolio? Diversification is key, but too much overlap can dilute the benefits.

Moreover, while past performance offers insights, it's essential to monitor current performance and adapt to market trends. Are these funds still aligning with your investment goals and risk tolerance?

Regarding new investments, exploring funds with a consistent track record and aligning with evolving market trends could be beneficial. It might be worth considering funds that align with emerging sectors or thematic funds to diversify further.

Remember, a Certified Financial Planner can provide a holistic view of your portfolio, ensuring alignment with your goals and offering tailored recommendations.

Investing is a journey of continuous learning and adaptation. Let's make it rewarding and aligned with your aspirations.
 (more)
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Ramalingam

Ramalingam Kalirajan  |878 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

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Dear Sir, I am 45 years old and have the following investments in Mutual Funds and other investments. Kindly review my portfolio and suggest changes as needed. My goals are: retirement and higher education for my son who is 13 years old now AXIS LONG TERM EQUITY FUND REGULAR IDCW PAYOUT - 1 lakh (one time) AXIS MULTICAP FUND-REGULAR PLAN-GROWTH - 1 lakh (one time) DSP TAX SAVER FUND IDCW PAYOUT - 50,000 (one time) ICICI PRUDENTIAL VALUE DISCOVERY FUND IDCW PAYOUT - SIP (5000) SBI BLUE CHIP FUND REGULAR PLAN IDCW PAYOUT - 1 lakh (one time) ICICI Prudential Bluechip Fund -IDCW - 1 lakh (one time) Mirae Asset Emerging Bluechip Fund - Regular Plan Growth - SIP (5000) Tata India Tax Savings Fund Regular Plan IDCW - 50,000 (one time) Thanking You
Ans: It's heartening to see your commitment towards planning for both your retirement and your son's higher education. At 45, you're at a pivotal stage in life where strategic investment decisions can make a significant difference.

Your current portfolio reflects a blend of equity investments, which offer growth potential, and tax-saving funds, which are beneficial for long-term planning. However, as we journey through life, our goals evolve, and so should our investment strategy.

Have you considered how market fluctuations could impact your goals? Or how changing life circumstances might affect your investment needs? Diversifying your portfolio further could provide a cushion against such uncertainties.

Remember, it's not just about chasing returns but aligning your investments with your life's aspirations. A well-crafted plan by a Certified Financial Planner can offer you clarity and peace of mind.

Let's ensure your financial journey is not just about reaching a destination but cherishing the experiences along the way. Your dedication to planning today will pave the way for a fulfilling tomorrow.
 (more)
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Ramalingam

Ramalingam Kalirajan  |878 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

Asked by Anonymous - Mar 13, 2023Hindi
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Dear Sir, I am 45 years old and have the following investments in Mutual Funds and other investments. Kindly review my portfolio and suggest changes as needed. My goals are: retirement and higher education for my son who is 13 years old now AXIS LONG TERM EQUITY FUND REGULAR IDCW PAYOUT - 1 lakh (one time) AXIS MULTICAP FUND-REGULAR PLAN-GROWTH - 1 lakh (one time) DSP TAX SAVER FUND IDCW PAYOUT - 50,000 (one time) ICICI PRUDENTIAL VALUE DISCOVERY FUND IDCW PAYOUT - SIP (5000) SBI BLUE CHIP FUND REGULAR PLAN IDCW PAYOUT - 1 lakh (one time) ICICI Prudential Bluechip Fund -IDCW - 1 lakh (one time) Mirae Asset Emerging Bluechip Fund - Regular Plan Growth - SIP (5000) Tata India Tax Savings Fund Regular Plan IDCW - 50,000 (one time) Thanking You
Ans: It's commendable to see your proactive approach towards investing at 45, with clear goals for retirement and your son's higher education. Let's delve into your portfolio and make some thoughtful recommendations.

Retirement Goal:
Given your age, retirement planning is crucial. Your one-time investments in Axis Long Term Equity Fund, Axis Multicap Fund, and SBI Blue Chip Fund are good choices for long-term growth. However, consider diversifying across asset classes to manage risk better. Adding debt or balanced funds can provide stability to your portfolio.

Higher Education Goal:
For your son's education, which is 5 years away, your SIPs in ICICI Prudential Value Discovery Fund and Mirae Asset Emerging Bluechip Fund are well-suited for potential growth. Given the shorter time horizon, you may want to consider gradually shifting to less volatile investment options as the goal approaches.

Portfolio Suggestions:

Diversification: Consider adding debt funds or balanced funds to balance out the equity-heavy portfolio.
Regular Review: Periodically review and rebalance your portfolio to align with your goals and risk tolerance.
SIPs: Continue your SIPs but reassess the funds periodically to ensure they align with your goals and market conditions.
Tax Planning: Given your investments in tax-saving funds, ensure you maximize tax benefits while maintaining a diversified portfolio.
Specific Recommendations:

Retirement: Consider adding a mix of debt funds or balanced funds to your portfolio for stability.
Education: As the education goal approaches, gradually shift to less volatile options to protect the corpus.
Remember, investing is a journey, not a destination. Regularly reviewing and adjusting your portfolio is essential to stay on track towards your goals.

I strongly recommend consulting with a Certified Financial Planner to discuss your portfolio in detail and tailor a strategy that aligns with your aspirations.
 (more)
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Ramalingam

Ramalingam Kalirajan  |878 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

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Hi Sir, I hope you're doing well. I have a question that I think you might be able to assist me with. I'm 52 years old and currently need to plan for my children's education expenses. My elder child's education is ongoing and requires 10 lakhs, while my younger child will require 30 lakhs in two years. Here's a breakdown of my investments: Stocks, Mutual Funds, and Portfolio Management Services amount to 2.6 crores, and I have 40 lakhs in my Provident Fund. I also receive a monthly rent of 2 lakhs. If I estimate my monthly expenses at 1 lakh, do you think I can retire comfortably with this corpus? In the worst-case scenario, I can liquidate one of my properties, which could yield 3 crores. Ideally, I would like to retire without touching my real estate investments. My life expectancy is 85 years. Additionally, I have medical insurance coverage of 12 lakhs plus a top-up of 90 lakhs. I plan to travel twice a year during retirement, with an estimated expenditure of 1.5-2 lakhs per year. I would appreciate your insights on this matter. Thank you, Geo
Ans: Firstly, it's heartening to see your foresight in planning for your children's education and thinking ahead towards retirement. Your financial situation seems quite robust, and you've made commendable progress with your investments.

Let's delve into your retirement planning. With a corpus of 2.6 crores in stocks, mutual funds, and Portfolio Management Services, along with 40 lakhs in Provident Fund, you have a substantial base. Adding your monthly rent of 2 lakhs and estimating monthly expenses at 1 lakh, your current financial position appears promising.

Considering your monthly rental income and your expenses, you seem to have a surplus that could be redirected towards your children's education and retirement corpus. However, it's essential to factor in inflation and potential market fluctuations.

Your medical insurance coverage looks solid, providing a safety net for unforeseen medical expenses. Moreover, your travel plans are well within reach, considering your retirement aspirations.

Given your life expectancy of 85 years, you'll need to ensure that your corpus lasts throughout your retired life. With prudent planning and regular reviews, it's possible to achieve a comfortable retirement without liquidating your real estate investments.

Here are some suggestions:

Education Corpus: Allocate funds specifically for your children's education to ensure timely payments.
Retirement Corpus: Continue to invest and diversify your portfolio to beat inflation and safeguard against market volatility.
Real Estate: If possible, retain your properties as a safety net or as a source of passive income.
It would be beneficial to have a detailed one-on-one discussion with a certified financial planner to create a tailored financial roadmap for you. You can explore various scenarios, optimize your investment strategy, and ensure you retire comfortably without compromising on your aspirations. Please feel free to reach out to me for any follow-up questions.
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Ramalingam

Ramalingam Kalirajan  |878 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

Asked by Anonymous - Apr 25, 2024Hindi
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Hello sir, I have started investing recently through monthly SIPs of Rs.5000 in ICICI equity and debt fund, Rs.6000 in Bandhan Elss fund, Rs.7500 in UTI Nifty 50, Rs.5000 in Parag Parikh Flexi cap, Rs.2000 in Mirae Asset Large Cap and Rs.1500 in kotak Flexi cap Also, I have 300000 in PPF. And I am planning to invest 150000 yearly in it and 2.18 lakh already invested in ELSS funds since the last 3 years and their XIRR is 15.10% today. How much return I can expect in 15 years? What changes I should do in my portfolio?
Ans: It's commendable to see your proactive approach towards investing. Your portfolio showcases a balanced mix across equity, debt, and tax-saving instruments, which is a good start.

Now, looking ahead 15 years is a bit like gazing into a crystal ball. The returns you can expect will depend on various factors like market conditions, fund performance, and economic trends. While past performance can give us some insights, it's not a guarantee of future returns.

Your current XIRR of 15.10% from ELSS funds over three years is a positive sign. This suggests that your investments are performing reasonably well.

As for the PPF and the SIPs, they're both solid choices for long-term investing. PPF offers tax-free returns and has a guaranteed interest rate, while SIPs provide the benefit of rupee-cost averaging and potential market-linked returns.

However, to optimise your portfolio further, we might consider:

Diversification: Ensure a broader asset allocation across various fund categories.
Review and Rebalance: Periodically review and rebalance your portfolio to align with your goals and risk tolerance.
Tax Efficiency: Keep an eye on tax implications to maximise post-tax returns.
Given the dynamic nature of markets, it's essential to review and adjust your portfolio periodically.
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Ramalingam

Ramalingam Kalirajan  |878 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

Asked by Anonymous - Apr 25, 2024Hindi
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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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