Ans: | Name of the Fund | Category | RankMF Star Rating | Recommendation |
| Rhitwik Ray Chaudhuri |
| 1. Franklin India Prima Plus - Growth | Equity - Mid Cap Fund | 4 | Please Continue |
| 2. Franklin India Bluechip Fund - Direct Dividend | Equity - Large Cap Fund | 1 | Can Consider Axis Bluechip Fund - Growth |
| 3. ICICI Prudential Value Discovery Fund - Growth | Equity - Value Fund | 4 | Please Continue |
| 4. Kotak Emerging Equity Scheme-Growth | Equity - Mid Cap Fund | 4 | Please Continue |
| 5. Mirea Asset India Equity Fund - Regular Growth | Equity - Large Cap Fund | 4 | Please Continue |
| 6. SBI Magnum Multicap Fund - Direct Dividend | Equity - Multi Cap Fund | 2 | Can Consider UTI Equity Fund - Growth |
B) Mutual Fund lump sum Investment
- Axis Long Term Equity Fund-Dividend ₹ 20,000.00
- Axis Long Term Equity Fund-Direct Dividend ₹ 25,000.00
- Franklin Build India Fund - Direct Dividend ₹ 25,000.00
- ICICI Prudential Long Term Equity Fund (Tax Saving) - Dividend ₹ 25,000.00
- Kotak Tax Saver Scheme - Direct Plan - Dividend ₹ 25,000.00
| Name of the Fund | Category | RankMF Star Rating | Recommendation |
| Rhitwik Ray Chaudhuri |
| 1. Axis Long Term Equity Fund-Dividend | Equity - ELSS | 4 | Please Continue |
| 2. Axis Long Term Equity Fund-Direct Dividend | Equity - ELSS | 4 | Please Continue |
| 3. Franklin Build India Fund - Direct Dividend | Equity - Sectoral Fund - Infrastructure | 1 | Can Consider UTI Equity Fund - Growth |
| 4. ICICI Prudential Long Term Equity Fund (Tax Saving) - Dividend | Equity - ELSS | 2 | Can Consider Axis long term Equity Fund - Growth |
| 5. Kotak Tax Saver Scheme - Direct Plan - Dividend | Equity - ELSS | 3 | Can Consider Axis long term Equity Fund - Growth |
Please advise if I should hold, discontinue or switch or add any MF in my portfolio.
Growth option should be opted for Investments in Mutual Funds
Dividend reinvestment option attracts stamp duty on every reinvestment amount
Dividend pay-out option is tax inefficient post removal of DDT and also the pay-out value keeps changing and at time there may not be pay-out at all. If periodic pay-out is must, then Growth option of the scheme to be selected and SWP can be set up so that there is consistency in the pay-out amount.
