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Sunil

Sunil Lala  |173 Answers  |Ask -

Financial Planner - Answered on Jun 06, 2023

Sunil Lala founded SL Wealth, a company that offers life and non-life insurance, mutual fund and asset allocation advice, in 2005. A certified financial planner, he has three decades of domain experience. His expertise includes designing goal-specific financial plans and creating investment awareness. He has been a registered member of the Financial Planning Standards Board since 2009.... more
Sandeep Question by Sandeep on Jun 05, 2023Hindi
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I am a 36 year old working professional in IT Sector. i am currently investing in in the following mutual funds from past 1 year 1. Axis Bluechip Fund Growth - 2000 2. HDFC Flexicap fund - 4500 3. SBI Multicap Fund Regular Plan Growth - 2500 4. Parag Parikh Flexi Cap Fund Regular Plan Growth - 2500 5.Mirae Asset Large Cap Fund Regular Plan Growth - 5000 6. ICICI Prudential Balanced Advantage Fund Growth - 5000 7. TATA Digital India Fund Regular Plan Growth - 2000 8. HDFC Index Fund - 5000 also investing in Kotak ULIP 2,00,000/- per year from 3 years. Do i need to change or buy new. i wants to invest 20K more monthly.

Ans: Hello, as I can see the funds, I would like to suggest the category of funds you should select of your time horizon is 7-10yrs plus
Small cap - 20%
Mid cap -20%
Large and mid - 20%
Multicap -20%
Thematic fund - 10%
Funds of your choice- 10%
Ulip should be invested in by checking the cost of the ulip. If the cost is more than the mutual funds , you can avoid that
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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I am a practising dentist. I have been investing in mutual funds since 2015. Please let me know which funds are to be continued and which funds have to be switched. These are my investments in mutual funds, valued at around Rs 25,40,000 on May 31. I am 43 years old and plan for a corpus of around Rs 1.5 crores at the age of 60. Please guide me regarding the changes I need to make in my portfolio. Thank you Sir. Have a good day SIP: 1. ADITYA BIRLA SUN LIFE FLEXI CAP FUND -- GROWTH, REGULAR PLAN Rs 2,000 per month 2. SCGP-AXIS SMALL CAP FUND -- GROWTH, REGULAR PLAN Rs 2,500 per month 3. EFGP-AXIS BLUE CHIP FUND -- GROWTH, REGULAR PLAN Rs 2,000 per month 4. DSP MIDCAP FUND -- GROWTH, REGULAR PLAN Rs 2,500 per month 5. ICICI PRUDENTIAL BLUECHIP FUND -- GROWTH Rs 3,000 per month 6. ICICI PRUDENTIAL VALUE DISCOVERY FUND Rs 3,000 per month Lumpsum 1. ADITYA BIRLA SUN LIFE FOCUSED EQUITY FUND -- GROWTH, REGULAR PLAN Rs 50,000. Present value; Rs 75,339 2. AXIS FOCUSED 25 FUND -- REGULAR GROWTH Rs 50,000. Present value: Rs 72,039 3. FRANKLIN INDIA SMALLER COMPANIES FUND -- GROWTH Rs 1,90,000. Present value: Rs 2,68,171 4. HDFC MIDCAP OPPORTUNITIES FUND -- GROWTH, REGULAR PLAN Rs 2,50,000. Present value: 3,77,199 5. ICICI PRUDENTIAL EQUITY AND DEBT FUND -- GROWTH Rs 35,000. Present value: Rs 49,452 6. NIPPON INDIA LARGE CAP FUND -- GROWTH PLAN, GROWTH OPTION Rs 2,67,000. Present value: Rs 3,38,377
Ans: In SIPs, please continue with 2, 3, 4, 5 and 6.

In lumpsum, please continue with 2, 4 and 5. You may consider the below for the rest.

Axis ESG Equity Fund -- Growth
Motilal Oswal Focused 25 fund -- Growth
UTI Flexi Cap Fund -- Growth

 

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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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