rediff.com
Rediff Gurus Logo
Home > User
Language:
Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Sudhir
Sudhir
Omkeshwar

Omkeshwar Singh Answer  |Ask -

Head, Rank MF - Answered on Feb 16, 2022

Asked on - Feb 16, 2022Hindi

Listen
Money
Omkeshwar

Omkeshwar Singh Answer  |Ask -

Head, Rank MF - Answered on Dec 28, 2021

Asked on - Dec 28, 2021Hindi

Money
I am 47 years old. I have a SIP investments since the last four years in the below MFs (horizon 10 years).

The mutual funds I have invested in:

Mutual Funds Plan Amount
Kotak Emerging Equity Fund Regular Fund Rs 5,000 (started August 2017)
Kotak Flexi Cap Fund Regular Plan Growth Rs 2,500 (started August 2017)
SBI Bluechip Fund Regular Plan Growth Rs 2,500 (started August 2017)
HDFC Mid-Cap Opportunities Fund Growth Rs 2,000 (started August 2017)
IDFC Large Cap Fund Growth Rs 2,500 (started August 2017)
Mirae Asset Emerging Bluechip Fund   Rs 2,000 (started August 2017)
Axis Bluechip Fund Growth Rs 2,000 (started August 2017)
Axis Focused 25 Fund Growth Rs 2,500 (started August 2017)
HDFC Index Fund Nifty 50 Plan -- Direct Rs 2,500 (started August 2017)
Kotak Opportunities Fund Growth Rs 2,500 (started December 2017 and ended Nov 2020)
L&T India Value Fund Growth Rs 2,500 (started February 2018 and ended July 2020)

My wife's mutual fund details:

Mutual Funds Plan Amount
Axis Focused 25 Fund Growth Rs 2,500 (started December 2019)
SBI Blue Chip Fund   Rs 2,000 (started June 2019)
Mirae Asset Large Cap Fund   Rs 2,500 (started December 2019, increased the amount to Rs 2,500 from October 2020)
ICICI Prudential Multicap Fund Growth Rs 1,500 (started August 2020)

Have invested in these NFOs as well:

Mutual Funds Plan Amount
Kotak Global Fund of Fund Direct Rs 1,00,000 (July 2021)
Navi Nifty Index Fund Growth Rs 15,000 (July 2021)

Kindly advise whether current funds are good or should switch to some other.

Ans: Funds are good. However, too many funds will lead to over diversification and reduction in portfolio returns.

 

 (more)
Money
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.
© 2024 Rediff.com - Disclaimer - Privacy - Terms of use - Grievances - Feedback

Close  

x