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Prateek

Prateek

Ulhas Joshi 255 Answers |Ask - Follow

Mutual Fund Expert - Answered on Mar 27, 2024

Asked on - Mar 24, 2024Hindi

Money

Hello Ulhas, I am 33 years and I want to start investing in MF with amount 25k per month till next 10-15 years so that I can get a good corpus for my child's education and also retirement . I am also planning to increase the amount each year for this . Can you please help in which type of funds should I invest ( also the company if possible) and how much amount should I increase each year.

Ans: Hello Prateek & thanks for writing to me. As your goal is long term, you can consider investing in equity schemes for around 10 to 12 years, stop your SIP's in equity funds & begin SIP's in balanced advantage funds & multi asset funds for the remainder 3 to 4 years.

You can invest in a mix of

1-Flexicap Funds: 50% of your investible corpus.
2-Multicap Funds:25% of your investible corpus.
3-Midcap Funds: 12.5% of your investible corpus.
4-Smallcap Funds:12.5% of your investible corpus.

Asked on - Apr 05, 2024 | Answered on Apr 05, 2024

Dear Ulhas , Thanks for your suggestion and apologies for replying late. When you mentioned to do SIP in remaining 3-4 years , is it after 10-12 years in equity or is it 6-7 years in equity and then 3-4 years of other funds ? Also can you tell me how much should I step up every year in the SIP amount so that I can get a target corpus of atleast 4-5 Crs as retirement fund and same for child education as well. You suggested the division of amount in MF category , can you please suggest MF in these category , I know past performance in not indicative of future but still it gives an approx. Idea . Best Regards, Prateek

Ans: Hi Prateek & thanks for writing back.

As your goal is to invest for 15 years, I recommend that for the first 10 to 12 years, you invest via SIP's in equity funds. Then, you pause your investments in equity funds & begin SIP's in balanced advantage funds & multi asset funds for the remainder 2-3 years.

You can consider beginning SIP's in:

1-Parag Parikh Flexicap Fund
2-Samco Flexicap Fund
3-Axis Flexicap Fund
4-SBI Multicap Fund
5-Canara Robeco Multicap Fund
6-Kotak Emerging Equity Fund
7-Tata Smallcap Fund

Do note that if you share other details, I may recommend other schemes. Periodic rebalancing is essential to ensure you are on the right track.

Asked on - Apr 06, 2024 | Answered on Apr 08, 2024

Hello Ulhas, Thanks for the suggestions but what other details are you referring that I should share. This periodic rebalancing should happen at what interval - monthly/quarterly/yearly. And how can you get an idea that rebalancing is required ? Best Regards, Prateek

Ans: Hi Prateek, other details can include what amount/percentage of annual step-up you can do to your SIP's, whether your financial goals & objective change during the course of the investment journey & whether you make any redemptions midway.

Annual or 6 monthly rebalancing is generally good enough.

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Samraat Jadhav 1687 Answers |Ask - Follow

Stock Market Expert - Answered on Mar 24, 2024

Asked on - Mar 24, 2024Hindi

Money

Hello Samrat, I am 33 years old and want to start investing in stocks but truthfully speaking , I have zero knowledge. Got recommendation to invest in BEES stock and they are less risky but I wanted to know how can I start this journey of investment in stock market. I am a salaried person , so can't give much time each day to look like stock market , so can you please help me with this.

Ans: ETF’s Bees are the best for you and you can do this through a monthly SIP mode, but equal sum every month and keep building your portfolio. This can be purchased from your brokers app.

Asked on - Mar 24, 2024 | Answered on Mar 24, 2024

Thanks Samrat. I only know about NiftyBees, ItBees, BankBees. Can you suggest some more.

Ans: Sr. No. Name of the ETF
Inception
Date AUM (Rs crore)
Volume (Rs crore)
1
Nippon India ETF Nifty BeES
28-Dec-01
5946
351.14
2
SBI ETF Nifty 50
22-Jul-15
123115
139.97
3
ICICI Prudential Nifty ETF
20-Mar-13
3157
30.50
4
Kotak Nifty ETF
2-Feb-10
1560
6.54
5
HDFC NIFTY 50 ETF
9-Dec-15
1265
4.21
6
Mirae Asset Nifty 50 ETF
19-Nov-18
713
3.33
7
UTI Nifty ETF
1-Sep-15
32273
2.63
8
Axis Nifty ETF
3-Jul-17
116
1.01
9
Quantum Nifty 50 ETF - Growth
10-Jul-08
14
0.40
10
Motilal Oswal M50 ETF
28-Jul-10
29
0.25
11
Aditya Birla Sun Life Nifty ETF
21-Jul-11
537
0.20
12
LIC MF ETF - Nifty 50
20-Nov-15
639
0.14
13
DSP Nifty 50 ETF
23-Dec-21
22
0.12
14
Tata Nifty Exchange Traded Fund
3-Jan-19
433
0.11
15
IDFC Nifty ETF
7-Oct-16
16
0.10
16
Indiabulls Nifty50 ETF
30-Apr-19
17
0.05
17
Invesco India Nifty ETF
13-Jun-11
62
0.04
Source: NSE; AUM as of Jan 31, 2022; volume for Feb 24, 2022

Asked on - Mar 24, 2024 | Answered on Mar 24, 2024

Thank you so much Samraat ,will definitely look into them and start my investment. Any pointers for a newbie like me before starting my investment in stocks ?

Ans: Start small and stay disciplined, every small drop will crate a huge impact of compounding. Stay away from noise

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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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