Arun 5570 - Rediff Gurus

Nikunj Saraf 308 Answers |Ask - Follow

Mutual Funds Expert - Answered on Nov 10, 2022

Asked on - Nov 10, 2022Hindi

I am doing SIP of Rs.2000 per month in ICICI PRIDENTIAL TECHNOLOGY FUND. Rs.2000 in Mirae assest emerging blue chip fund and Rs.1000 in axis small cap fund.

Invested Rs. 15000 in Tata digital fund and icici prudential technology fund as one time investment in September 2021. All technology MFs are in loss now. Should I continue the same, as I'm planning to invest for 10 years?

I'm planning to discontinue icici prudential technology MF as Nifty IT is not performing well and invest in PGIM mid cap or Quant mid cap fund.

I'm also planning to invest additional 5k in other funds.

Kindly review my portfolio and suggest other fund to invest additional 5k.

My target after 10 years is Rs. 20 lakh return.

Ans: Hello Arun. Tata and ICICI are both sectoral technology funds, which are aggressive risk funds. A single sector company is followed by them in order to invest. Furthermore, it is a long-term investment with a horizon of at least eight years.

You may redeem and reinvest in selected schemes of PGIM and Quant AMC, and you may also consider the mid and small cap categories for additional sips. The sip amount required for your goal of 20 lakh is 10k.

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Omkeshwar Singh Answer |Ask - Follow

Head, Rank MF - Answered on Sep 09, 2020

Asked on - Sep 09, 2020Hindi

I am 49 years old male and working in PSU. I am an old investor investing in MFs since 2011 and I am a moderate risk taker. Till May 2020 I was investing through monthly SIP of Rs. 6000/- in ABSL Frontline Equity Fund which I stopped as it was performing badly since long, accumulated Rs. 1,28,000/- and holding that amount till date. From June 2020 I have started monthly SIPs in the following Mutual Funds:-

1) SBI Equity Hybrid Fund: Rs. 5000/- which I am investing for 4 to 5 years for my daughter's education, currently she is in 8th standard. After 4 to 5 years I have planned to switch to SBI Focused Equity.

2) Axis Bluechip Fund: Rs. 3000/-

3) Kotak Standard Multicap Fund: Rs. 2000/-

4) Motilal Oswal NASDAC 100 FOF: Rs. 1000/-

Every year I am going to increase the SIP amount by minimum 10%. My retirement is after 11 years (July 2031). I am going to invest in above mentioned funds for 10 years.

I would like to know how is my portfolio (does it need any changes) and how much retirement corpus I am going to make after 10 years?

Ans:

Name of the Fund	Category	Recommendations
Arun Kumar Das
SBI Equity Hybrid Fund	Hybrid - Aggressive Hybrid Fund	Continue
SBI Focused Equity	Equity - Focused Fund	Continue
Axis Bluechip Fund	Equity - Large Cap Fund	Continue
Kotak Standard Multicap Fund	Equity - Multi Cap Fund	SmartSwitch to UTI Equity Fund - Growth
Motilal Oswal NASDAC	FoFs (Overseas)	Continue

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Omkeshwar Singh Answer |Ask - Follow

Head, Rank MF - Answered on Aug 04, 2020

Asked on - Aug 04, 2020Hindi

I have invested in following in mutual funds for a pretty long time but these funds are not yielding the desired results. Please advise where to shift these funds:

1. HDFC TOP 100 - GROWTH- PLAN GROWTH Rs. 50,000

2. IDFC STERLING EQUITY FUND GROWTH- PLAN GROWTH Rs. 25,000

3. DSP FOCUS FUND - GROWTH-PLAN GROWTH Rs. 40,000

4. NIPPON INDIA SMALL CAP FUND GROWTH-PLAN GROWTH Rs. 40,000

Ans:

Name of the Fund	Category	RankMF Star Rating	Recommendations
Arun Kumar Misra
1. HDFC TOP 100 - GROWTH- PLAN GROWTH Rs. 50,000	Equity - Large Cap Fund	2	Switch to UTI MasterShare - Growth
2. IDFC STERLING EQUITY FUND GROWTH- PLAN GROWTH Rs. 25,000	Equity - Value Fund	1	switch to Axis ESG Fund - Growth
3. DSP FOCUS FUND - GROWTH-PLAN GROWTH Rs. 40,000	Equity - Focused Fund	3	switch to Axis Focused 25 Fund - Growth
4. NIPPON INDIA SMALL CAP FUND GROWTH-PLAN GROWTH Rs. 40,000	Equity - Small cap Fund	2	switch to Axis ESG Fund - Growth

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Omkeshwar Singh Answer |Ask - Follow

Head, Rank MF - Answered on Feb 20, 2020

Asked on - Feb 20, 2020Hindi

I do an investment per month of Rs 14,000 as SIP in mutual funds. The fund currently I am holding are:

1. HDFC Top 100 Fund -Rs 3000 (Recently Switched from HDFC Midcap Opportunities fund)

2. SBI blue chip fund - Rs 2000

3. ICICI prudential blue chip fund - Rs 2000(regular plan)

4. Mirae Asset emerging blue Chip Fund-2000

5. ICICI Prudential midcap fund-2000(regular plan)

6. Franklin India feeder US Opportunities fund-3000.(Recently Switched from Franklin india smaller companies fund).

I want to add one multicap fund by removing one midcap and one bluechip funds. Till Now my total investment was 318,000/- and current profit was 34,721/-

I am 33 old, I have 3 years old baby, and I want to start LIC policy for her education and another LIC policy for my retirement plan.

Kindly suggest me how can I manage.

Name of the Fund	Category	RankMF Star Rating
Arun Kumar
1. HDFC Top 100 Fund -Rs 3000	Equity - Large Cap Fund:	3
2. SBI blue chip fund - Rs 2000	Equity - Large Cap Fund:	4
3. ICICI prudential blue chip fund - Rs 2000(regular plan)	Equity - Large Cap Fund:	2
4. Mirae Asset emerging blue Chip Fund-2000	Equity - Large & Mid Cap Fund	4
5. ICICI Prudential midcap fund-2000(regular plan)	Equity - Mid Cap Fund:	2
6. Franklin India feeder US Opportunities fund-3000.	FoFs (Overseas)	2

Ans: Better options available for consideration. FOFs to be avoided at present.

Equity - Multi Cap Fund:

UTI Equity Fund – Growth
Axis Multicap Fund – Growth

Equity - Large Cap Fund:

UTI Mastershare Unit Scheme - Growth Plan
LIC MF Large Cap Fund-growth

Equity - Mid Cap Fund:

MOSL Midcap 30 Fund – Growth
DSP midcap – growth

Equity - Large & Mid Cap Fund:

Axis Growth Opportunities Fund - Regular Plan
Tata Large And Mid Cap Fund Regular Plan - Growth

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