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Ramalingam

Ramalingam Kalirajan3818 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 18, 2024

Asked on - May 23, 2023Hindi

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Should I continue my investment of rupees 25000 each in kotak international REIT fund and Kotak global innovation fund or do you advise redeem the same and invest in Hdfc defence fund or convert the same to SIP
Ans: Let's evaluate your investments in Kotak International REIT Fund and Kotak Global Innovation Fund to determine whether to continue, redeem, or switch.

Thematic funds, such as Kotak Global Innovation Fund, focus on specific sectors or themes, which can lead to higher volatility and risk. They are susceptible to market fluctuations and regulatory changes, making them less suitable for investors seeking stable, long-term growth.

Considering Limited Exposure to REITs:

While Kotak International REIT Fund provides exposure to global real estate investment trusts (REITs), it's essential to note that REITs should only constitute a limited portion of your portfolio. Overexposure to REITs can increase portfolio risk, especially during economic downturns or changes in real estate market conditions.

Exploring Broad-Based Diversified Active Regular Funds:

Elaborating Advantages:

Diversification: Broad-based diversified active regular funds invest across multiple sectors and asset classes, reducing concentration risk. They offer exposure to a wide range of companies, industries, and geographies, spreading risk and enhancing portfolio stability.

Risk Management: Active fund management allows fund managers to adapt to changing market conditions, seize opportunities, and mitigate risks. Fund managers conduct in-depth research and analysis to select high-quality stocks, potentially outperforming market benchmarks over the long term.

Stable Growth: By investing in established companies with strong fundamentals, broad-based diversified funds aim to deliver consistent and stable growth over time. They offer a balanced approach to wealth accumulation, catering to investors' long-term financial goals.

Consultation with a Certified Financial Planner:

Engage with a Certified Financial Planner (CFP) to discuss your investment objectives, risk tolerance, and portfolio allocation. A CFP can provide personalized guidance on optimizing your investment strategy and selecting suitable funds aligned with your financial goals.

Conclusion:

In conclusion, considering the disadvantages of thematic funds and the need for limited exposure to REITs, it's advisable to redeem investments in Kotak International REIT Fund and Kotak Global Innovation Fund. Redirecting funds towards broad-based diversified active regular funds offers diversification, risk management, and stable growth potential, aligning with your long-term investment objectives.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
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Ramalingam

Ramalingam Kalirajan3818 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 24, 2024

Asked on - Jun 22, 2023Hindi

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I have following MF investments all regular growth all purchases on initial offer of ten rupees. 1) Aditya Birla Sun Life focused equity fund -1200 units 2)Dsp world gold fund -500units 3)Hdfc banking financial services fund 1200. Units 4) Hdfc defence fund 1000units 5)Hdfc flexi cap fund 50 units 6)Hdfc mid cap opportunity fund 260 units. 7) Hdfc flexi cap fund 30 units 8)Hsbc value fund 450 units 9)Hsbc elss fund 500 units 10) Kotak global innovation fund 1200units 11)Kotak international REIT fund 500 units 12) Kotak flexi cap fund 260 units 13)Nippon India low duration fund 10 14)Sbi blue chip fund 1000 units 15) Sundaram focused fund 1300 units 16)Tata mid cap growth fund 350 units 17)Uti nifty 500 value 50 index fund 18100 units (Units transfered form Uti focused equity fund) 18)Uti mid cap fund 700 Units 19)Uti flexi cap fund 1000 Units 20)Uti Master Share Units 21)Uti nifty 50 equal weight index fund (Latest offer) Sbi infrastructure fund 500 units Following funds are all regular growth from Icici prudential fund. 1) Pharma health care & diagnostic fund 800 Units 2) Manufacturing fund 4300 units 3)India opportunities fund 2200 units 4) Flexi cap fund 5000 Units 5) Housing opportunities fund 2500 units 6) Balanced advantage fund 550 units 7)Psu equity fund 2800 units Sir I want to invest in Uti S&Phousing fund and Icici transaction & logistics fund 1000 units each.. Should I make some fresh investments or invest by transferring from existing Uti fund & Icici fund I am 75 years old. No urgent need of funds. Advise how-to proceed. Redy for taking risk.
Ans: Firstly, let me commend you for your disciplined approach towards investments. Your diversified portfolio reflects a well-thought-out strategy, which is commendable at any age, let alone at 75. It's heartening to see your willingness to adapt and continue investing even at this stage of life.

Given your age and risk appetite, while you're ready to take risks, it's crucial to balance it with the need for stability and liquidity. When considering adding new funds like Uti S&P Housing Fund and ICICI Transaction & Logistics Fund, you have two options: fresh investments or transferring from existing funds.

Transferring from existing holdings might streamline your portfolio, reducing the number of funds to manage. However, this could also entail exit loads or tax implications. On the other hand, fresh investments allow you to diversify further without disturbing your existing investments.

Considering no urgent need for funds, you might explore transferring from funds that might have underperformed or align less with your current investment strategy. Still, I'd strongly recommend consulting with a Certified Financial Planner to ensure a balanced approach that caters to your evolving needs while optimizing returns. After all, life is a journey, and managing your finances is a part of that journey, requiring both wisdom and adaptability.
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Ramalingam

Ramalingam Kalirajan3818 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 05, 2024

Asked on - May 30, 2023Hindi

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I have 2500 units of UTI mid cap fund . Is it advisable to transfer 500 units to UTI S& PBSE Housing Index fund?
Ans: It's essential to assess whether such a transfer aligns with your investment goals, risk tolerance, and overall portfolio strategy.

Transferring units from a mid-cap fund to a thematic fund focused on the housing index could significantly alter the risk profile of your portfolio. Thematic funds tend to be riskier due to their concentrated exposure to specific sectors or themes.

Before making this decision, consider the following:

Investment Goals: Determine if exposure to the housing sector aligns with your investment objectives and if you're comfortable with the associated risks.

Risk Tolerance: Assess whether you're prepared for the potentially higher volatility and fluctuations in returns that come with thematic investing.

Diversification: Evaluate how this transfer would impact the diversification of your portfolio. Ensure that your overall portfolio remains well-diversified across different asset classes and sectors.

Performance Outlook: Research the housing sector's performance outlook and consider whether you believe it will outperform the mid-cap segment in the future.

Tax Implications: Consider any tax implications of selling units from the mid-cap fund, such as capital gains taxes.

Professional Advice: If unsure, seek advice from a financial advisor who can provide personalized guidance based on your financial situation and objectives.

Ultimately, the decision should be based on a comprehensive analysis of your investment strategy and the specific characteristics of each fund involved.
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Ramalingam

Ramalingam Kalirajan3818 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 05, 2024

Asked on - Aug 21, 2023Hindi

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Sir I am 78 years old. I have no liabilities. I have a house worth two corores. I am living with my daughter and son in law. They're extremely well off. Since I am living with my daughter I have no expenses. This is my background. My assets are as follows. 1) PPF RS.20lakhs. 2)PMYY SCHEME. 15Lakhs. 3) Fixed deposit 15 lakhs 4) Health insurance both 5lakhs each 5 ) Immovable property worth 5lakhs 6) Gold bond maturity value 1lakh 7) Physical gold and silver 20 lakhs 8) Shares worth 100000 rs.asof today 9) Mutual fund worth rs.18 lakhs as of today. Below l am giving details of the funds most of them purchased on issue price all regular growth. 1) Aditya Birla Sun Life focused equity fund Units 1200 2) DSP world gold fund growth regular Units 500 3) Franklin India flexi cap fund growth regular. Units 35 4) HDFC banking and financial services fund growth regular. Units 1160 5) HDFC defence fund growth regular Uni1000 6) HDFC mid cap fund growth regular Units 260 7) HDFC flexi cap fund growth regular Units 25 8) Hsbc value fund growth regular Units 430 9)Hsbc elss fund growth regular Units 490 10) Icici prudential Pharma and health care fund growth regular Units 780 11) Icici prudential India opportunities fund growth regular. Units 2200 12) Icici prudential manufacturing fund growth regular Units 3000 13) Icici prudential flexicap fund growth regular. Units5000 14) Icici prudential housing opportunities fund growth regular Units 2500 15) Icici prudential balanced advantage fund growth regular. Units. 550 16) Icici prudential psu equity fund growth regular. Units Units 2700 17) Kotak global innovation fund growth regular. Units 1200 18) Kotak international REIT fund growth regular. Units 500 19 ) Nippon india low duration fund growth regular. Units 10 20) Sbi blue chip fund growth regular Units 1000 21) Sbi infrastructure fund growth regular Units 500 22) Sundaram focused equity fund growth regular. Units 1300 23) Tata mid cap fund growth regular plan growth. Units 335 units 24)iUti nifty 500 fifty index fund growth regular. Units 18050 25)Uti flexi cap fund growth regular Units 1020 26)Uti small cap fund growth regular Units 5000 27) Uti master share units regular plan Units 210 28) Uti mid cap fund growth regular Units 700 29) Hdfc transportation fund growth regular Units 2500 Opinion required 1) I want to exit Kotak global innovation fund and Kotak international REIT fund and Dsp world gold fund. 2) I want to start 4 SIP of2500 rs. per month. a) Sbi blue chip fund b) Uti flexicap fund c) Multi asset fund of Hdfc or lclcl or Aditya Birla Sun Life d) not sure which fund Request you to suggest how to make best review of my investment. I would prefer to invest indirect growth instead of regular growth. Would it be convenient if invest inSWP or overnight fund or floater fund and give standing instruction to to invest in SIP? How to track my investments on daily basis ? Waiting eagerly for your reply. Your's sincerely PS: All nomination in the name of my wife. She is equally well invested in Bank FD PMVYYOJANA AND PPF and MF (very small amount of 5lakhs as today.
Ans: It seems you have a diversified investment portfolio, which is commendable. Here are some suggestions based on your requirements:

Exit Strategies:

Exiting funds that no longer align with your investment goals or if you wish to reduce exposure to certain sectors is a prudent move.
New SIP Allocation:

Starting SIPs in well-established funds across different categories such as large-cap, flexicap, and multi-asset funds can offer diversification and potential growth.
SWP or Systematic Withdrawal Plan:

SWP can be a suitable option if you wish to generate regular income from your investments. Consider reinvesting the redeemed amount into a liquid or floating rate fund, depending on your liquidity needs and risk tolerance.
Tracking Investments:

Utilize online platforms provided by mutual fund houses or third-party financial aggregators for tracking investments. Maintain a consolidated spreadsheet or use investment tracking apps for easy monitoring.
Nomination and Legal Aspects:

Ensure all investments and assets have proper nomination details and legal documentation. Keep your spouse informed about the investment details and maintain organized documents for easy access.
Consult a Financial Advisor:

Seek guidance from a qualified financial advisor to tailor your investment strategy according to your financial goals and risk tolerance.
Prioritize risk management and ensure your investments align with your objectives. Regularly review your portfolio's performance and make adjustments as needed to stay on track towards achieving your goals.
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Ulhas

Ulhas Joshi258 Answers  |Ask -

Mutual Fund Expert - Answered on Jul 31, 2023

Asked on - Jul 29, 2023Hindi

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Sir, Is it advisable to invest in multi asset fund? I would prefer to invest in icici prudential or Aditya Birla Sun Life multi asset fund. Is there any asset fund which has gold oil(petrol) equity in its fund. Is it advisable to invest in lump sum or systematic investment plan? Expect clear direction from you. I am ready to invest lump sum of rs. one lakh or RS.10000 pm.inelss. I would like to create a corpus for my grand daughter. She already has PPF& SUKANYA a/c in her name since 2018 investing one lakh fifty thousand rupees in each account. Kindly advise proper strategy for future education and marriage. Your's sincerely V G. Nadig.
Ans: Hello Vaman and thanks for writing to me.

Multi asset invest in a mix of equity, debt and commodities like gold and silver. As they have exposure to most major asset classes, they can be less volatile and generate consistent returns. Multi asset funds can be good options for investments towards the end of the investment period when you wish to minimize risk and volatility.

I do not see your granddaughters current age, goal amount and your risk tolerance so I am writing the answer assuming that you plan on staying invested for around 15 years.

As your goal is to create a corpus for your granddaughter, you can first start SIP's in a mix of small and mid cap funds for a period of around 10 years. Post that, you can stop your SIP's in these funds and begin investments in multi asset funds and large cap funds.

You can consider SIP's in:
1-UTI Small Cap Fund-Rs.2,500
2-Sundaram Small Cap Fund-Rs.2,500
3-DSP Midcap Fund-Rs.2,500
4-SBI Magnum Midcap Fund-Rs.2,500

Note that these I may recommend other schemes if you give me other information like your goal amount, tenure for which you want to invest and risk tolerance.

As for the other avenues of investment like PPF and Sukanya Account, I only discuss mutual funds in this column.

I recommend you meet a financial advisor who can chart a concrete plan for you keeping in mind your own risk tolerances and investment horizon.
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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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