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Prashant

Prashant

Nikunj Saraf 308 Answers |Ask - Follow

Mutual Funds Expert - Answered on Sep 26, 2022

Asked on - Sep 26, 2022Hindi

Money

My son is in 7th grade and I want to save 15 lakh when he completes his 12th grade for his higher education. Pls advise best investment options for this. How much should I save every month and in which funds.

Ans: Hello Prashant, I understand your goal is for child education with the time horizon of minimum 5 years. Taking all factors into consideration, I would suggest you invest approximately 17000 monthly in the following schemes in order to achieve your goal:

Kotak Bluechip Fund -- 6,000.00
PGIM India Flexicap Fund -- 5,000.00
Canara Robeco Emerging Equities Fund -- 6,000.00
Total: 17,000.00

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Omkeshwar Singh Answer |Ask - Follow

Head, Rank MF - Answered on Oct 27, 2021

Asked on - Oct 27, 2021Hindi

Money

I am investing Rs 7,000 per month in the following SIPs since 2018 and continuing in the same portfolio.

I want to exit from under-performing funds and start investing in a new SIP portfolio.

Please suggest a better option for me. Also, will I get tax benefit now also from the ELSS funds as the three-year term lock-in period is over?

L&T Midcap Fund (Rs 2,000), Motilal Oswal Long Term Equity Fund (Rs 3,000), Aditya Birla Sun Life Tax Relief 96 Fund (Rs 2,000).

Ans: A few schemes that may be considered are:

1. Axis ESG Equity Fund - Growth

2. Motilal Oswal Focused 25 Fund - Growth

3. ICICI Prudential US Bluechip Equity Fund - Growth

4. SBI Magnum Global Fund - Growth

5. DSP Quant Fund - Growth

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Ajit Mishra Answer |Ask - Follow

- Answered on Sep 18, 2020

Asked on - Sep 18, 2020Hindi

Money

I am holding these stocks more than 3 years and all the stocks are in loss. please give your opinions what to do with these stocks I can hold these another 3-4 year.

Shares	Qty	Purchase Price	Current Price	Opinion
Apollo Tyres	100	227.33	109	Hold for 3-4 years
Ashok Leyland	900	121.49	51	Hold for 3-4 years
B C Power Controls L	100	41.29	4	Exit
Grasim Inds.	100	1,084.58	602	Hold
India Cements Lt	150	193.5	119	Hold
ITC Ltd.	500	319.03	196	Hold
Jindal St & Pwr	110	253.59	175	Hold
Karnataka Bank	1067	133.64	45	Exit
Minda Corporation	100	136.25	70	Exit
NMDC Ltd.	450	135.44	83	Exit
REC	1370	152.95	107	Only if interested in dividends
SBI Cards and Pay	19	755	754	Hold

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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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