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Varun
Varun
Omkeshwar

Omkeshwar Singh Answer  |Ask -

Head, Rank MF - Answered on Aug 04, 2020

Asked on - Aug 04, 2020Hindi

Money
I am 37 year old with 2 kids (10yrs and 6 years) for wealth generation please guide me.

Following SIPs per month:

1. Parag parikh long term DG 3k
2. Icici bank. Adv. DG 3k
3. Mirae emerging DG 2k
4. Axis bluechip DG 2k
5. DSP midcap DG 2.5k
6. Lnt focus DG 1k
7. Kotak std multicap DG 1k

Lumpsump investments:

1. Lnt triple ace bond DG (50k profit switched from lnt hybrid equity fund before lockdown)
2. Lnt Hybrid equity 1.1 lakh (invested through sip now stopped)
3. Hdfc children gift fund RG 1.75 lakh (invested through sip now stopped)
4. Mirae large cap RG 1 lakh
5. Iifl focus DG 50k
6. Axis small cap DG 50k

Ans:
Name of the Fund Category RankMF Star Rating Recommendations
Varun      
1. Parag parikh long term DG 3k Equity - Multi Cap Fund 5 continue
2. Icici bank. Adv. DG 3k Hybrid - Balance Advantage 5 continue
3. Mirae emerging DG 2k Equity - Large & Mid Cap Fund 3 Switch to Canara Robeco Emerging Equities Regular -growth
4. Axis bluechip DG 2k Equity - Large Cap Fund 3 Switch to UTI MasterShare - Growth
5. DSP midcap DG 2.5k Equity - Mid cap Fund 4 continue
6. Lnt focus DG 1k (L&t Focused Equity Fund Regular Plan - Growth Equity - Focused Fund 3 switch to Axis Focused 25 Fund  - Growth
7. Kotak std multicap DG 1k Equity - Multi Cap Fund 2 Switch to UTI Equity fund  - Growth
1. Lnt triple ace bond DG (50k profit switched from lnt hybrid equity fund before lockdown) Debt - Corporate Bond Fund 3 Switch to ICICI PRUDENTIAL CORPORATE BOND FUND - GROWTH
2. Lnt Hybrid equity 1.1 lakh (invested through sip now stopped) Hybrid - Aggressive Hybrid Fund 5 continue
3. Hdfc children gift fund RG 1.75 lakh (invested through sip now stopped) (Not in RankMF)    
4. Mirae large cap RG 1 lakh Equity - Large Cap Fund 4 Continue
5. Iifl focus DG 50k (IIFL Focused Equity Fund -Regular Plan - Growth) Equity - Focused Fund 2 switch to Axis Focused 25 Fund  - Growth
6. Axis small cap DG 50k Equity - Small cap Fund 2 switch to Axis ESG Fund  - Growth
(more)
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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