Greetings of the day! With reference to your article below, 

Read this article https://www.rediff.com/getahead/report/omkeshwar-singh-help-me-build-a-mf-portfolio/20221103.htm 

Would you please advice on my mutual fund portfolio for any additions or changes or switches? 

Here are my goals: 

Car: 20 lakh down 5-6 years

Child one education: 50 lakh

Child two education: 50 lakh

Health reserves: 50 lakh

Retirement: 10 crore 

My monthly salary is 1.8 lakh. I pay pf 1.2 lakh per year, NPS tier1 70k per year, LIC policies: 1.3 lakh per year. 

Advice on portfolio please. 

DSP TAX SAVER FUND-GROWTH: 1500 sip

MIRAE ASSET EMERGING BLUECHIP FUND-REGULAR PLAN-GROWTH OPTION:2000 sip

HDFC HYBRID EQUITY FUND REGULAR PLAN GROWTH :2000 sip

TATA DIGITAL INDIA FUND REGULAR PLAN GROWTH:2500 sip

ICICI PRUDENTIAL COMMODITIES FUND GROWTH: 2500 sip

UTI MID CAP FUND-GROWTH PLAN:3000 Sip

EDELWEISS RECENTLY LISTED IPO FUND-REGULAR PLAN-GROWTH: 2500

UTI FLEXI CAP FUND-REGULAR PLAN-GROWTH:1500 sip

Ans: If W file feedback in AIS for the fact that she is beneficial owner of 50% of property, issue may get resolved

I understand that W paid consideration at the time of acquisition of property, from own source of money

Ans: Yes it will be taxable subject to utilisation of amount for object of trust (provided trust eligible for benefit of Sec 11)

Ans: In case of death, legal hair becomes owner of property, unless they surrender their rights in the said property. Please contact consultant for more information.

Ans: Current year return can be filed without filing ITR of earlier year.

However, considering your facts, it is advisable that you check your eligibility to file updated return for earlier year and file it to avoid any penal consequences.

Ans: 1. Income from capital gain is required to be offered to tax in ITR. Subject to certain conditions, it should be offered to tax in which possession is given to buyer.


2. Exemption will be available only if you invest in specified bonds and not by investing in FD

Ans: It will be 2,50,000

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.

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.

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.