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Omkeshwar

Omkeshwar Singh Answer  |Ask -

Head, Rank MF - Answered on Jul 23, 2020

Asked on - Jul 23, 2020Hindi

Money
I have following MFs (Growth) in my portfolio for some of them SIP is executed currently per month and for others SIP duration has expired. Am a long term investor with preference to SIP, kindly guide if I need to withdraw from one fund for investment in other fund and if the funds for which am paying SIP amount is to be continued or stopped.

1. Aditya Birla Sun Life Equity advantage Fund

2. BNP Paribas Midcap

3. DSP Equity Opportunities Fund

4. DSP Midcap Fund

5. DSP US Flexible Equity Fund

6. Franklin India Ultra Short Bond Fund

7. HDFC Equity Fund

8. HDFC Hybrid Equity Fund

9. HDFC Mid-Cap Opportunities Fund

10. HDFC Small Cap Fund

11. ICICI Prudential Infrastructure Fund

12. ICICI Prudential US Bluechip Fund

13. Invesco India Contra Fund

14. Kotak Emerging Equity Fund

15. Kotak Standard Multicap Fund

16. L&T Emerging Business Fund

17. L&T India Value Fund

18. L&T Midcap Fund

19. Mirae Asset Focused Fund

20. Mirae Asset Large Cap Fund

21. Motilal Oswal Multicap 35 Fund

22. Nippon India Growth

23. Nippon India Liquid Fund

24. Nippon India Power & Infra Fund

25. Principal Emerging Bluechip Fund

26. SBI Bluechip Fund

27. Tata Digital India Fund

28. Tata Equity PE Fund

29. Axis Blue-chip Fund

Monthly SIP amounting 27000 is going for below funds (they are included in above details):

1. DSP US Flexible Equity Fund - 1500

2. Mirae Asset Focused Fund - 2000

3. Tata Digital India Fund - 1500

4. ICICI Prudential US Bluechip Fund - 1500

5. DSP US Flexible Equity Fund - 1500

6. BNP Paribas Midcap - 4000

7. HDFC Small Cap Fund - 4000

8. Kotak Emerging Equity Fund - 4000

9. L&T Midcap Fund - 4000

10. Nippon India Growth – 4000

Ans: TOO MANY FUNDS – not more than 4-6 schemes should be consolidated into.

Name of the Fund Category RankMF Star Rating Recommendation
1. Aditya Birla Sun Life Equity advantage Fund  Equity - Large & Mid Cap Fund 2 SmartSwitch to Axis Opportunities Fund - Growth
2. BNP Paribas Midcap Equity - Mid Cap Fund 1 SmartSwitch to DSP Mid Cap Growth
3. DSP Equity Opportunities Fund Equity - Large & Mid Cap Fund 2 SmartSwitch to Axis Opportunities Fund - Growth
4. DSP Midcap Fund Equity - Mid Cap Fund 4 Continue
5. DSP US Flexible Equity Fund FoFs (Overseas) 4 Continue
6. Franklin India Ultra Short Bond Fund Debt Ultra Short Wind up Scheme
7. HDFC Equity Fund Equity - Multi Cap Fund 2 SmartSwitch to UTI Equity Fund - Growth
8. HDFC Hybrid Equity Fund Hybrid - Aggressive Hybrid Fund 5 Continue
9. HDFC Mid-Cap Opportunities Fund Equity - Mid Cap Fund 2 SmartSwitch to DSP Mid Cap Growth
10. HDFC Small Cap Fund Equity - Small Cap Fund 1 SmartSwitch to Axis ESG Fund  Growth
11. ICICI Prudential Infrastructure Fund Equity - Sectoral Fund - Infrastructure 1 Avoid Sectoral Funds, SmartSwitch to UTI Equity Fund - Growth
12. ICICI Prudential US Bluechip Fund Equity - Thematic Fund - Global 4 Continue
13. Invesco India Contra Fund Equity - Contra Fund 2 SmartSwitch to Axis ESG Fund  Growth
14. Kotak Emerging Equity Fund Equity - Mid Cap Fund 3 SmartSwitch to DSP Mid Cap Growth
15. Kotak Standard Multicap Fund Equity - Multi Cap Fund 2 SmartSwitch to UTI Equity Fund - Growth
16. L&T Emerging Business Fund Equity - Small Cap Fund 2 SmartSwitch to Axis ESG Fund  Growth
17. L&T India Value Fund Equity - Value Fund 2 SmartSwitch to Axis ESG Fund  Growth
18. L&T Midcap Fund Equity - Mid Cap Fund 2 SmartSwitch to DSP Mid Cap Growth
19. Mirae Asset Focused Fund Equity - Focused Fund 4 Continue
20. Mirae Asset Large Cap Fund Equity - Large Cap Fund 3 SmartSwitch to Uti Mastershare Unit Scheme - Growth Plan
21. Motilal Oswal Multicap 35 Fund Equity - Multi Cap Fund 4 Continue
22. Nippon India Growth Equity - Mid Cap Fund 2 SmartSwitch to DSP Mid Cap Growth
23. Nippon India Liquid Fund Debt - Liquid Fund 5 Continue
24. Nippon India Power & Infra Fund Equity - Sectoral Fund - Energy & Power 1 Avoid Sectoral Funds, SmartSwitch to UTI Equity Fund - Growth
25. Principal Emerging Bluechip Fund Equity - Large & Mid Cap Fund 4 Continue
26. SBI Bluechip Fund Equity - Large Cap Fund 3 SmartSwitch to Uti Mastershare Unit Scheme - Growth Plan
27. Tata Digital India Fund Equity - Thematic Fund - Other 3 continue
28. Tata Equity PE Fund Equity - Value Fund 3 SmartSwitch to Axis ESG Fund  Growth
29. Axis Blue-chip Fund Equity - Large Cap Fund 4 Continue
 
1. DSP US Flexible Equity Fund - 1500 FoFs (Overseas) 4 Continue
2. Mirae Asset Focused Fund - 2000 Equity - Focused Fund 4 Continue
3. Tata Digital India Fund - 1500 Equity - Thematic Fund - Other 3 continue
4. ICICI Prudential US Bluechip Fund - 1500 Equity - Thematic Fund - Global 4 Continue
5. DSP US Flexible Equity Fund - 1500 FoFs (Overseas) 4 Continue
6. BNP Paribas Midcap - 4000 Equity - Mid Cap Fund 1 SmartSwitch to DSP Mid Cap Growth
7. HDFC Small Cap Fund - 4000 Equity - Small Cap Fund 1 SmartSwitch to Axis ESG Fund  Growth
8. Kotak Emerging Equity Fund - 4000 Equity - Mid Cap Fund 3 SmartSwitch to DSP Mid Cap Growth
9. L&T Midcap Fund - 4000 Equity - Mid Cap Fund 2 SmartSwitch to DSP Mid Cap Growth
10. Nippon India Growth – 4000 Equity - Mid Cap Fund 2 SmartSwitch to DSP Mid Cap 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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