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Omkeshwar

Omkeshwar Singh Answer  |Ask -

Head, Rank MF - Answered on Dec 07, 2022

Asked on - Dec 07, 2022Translate

Money
I have been investing in the below mentioned MF SIP schemes my goal is to have 1CR by the time i am 50 yrs my doubts are: 

1. Is the below MF enough or is it too much? If i have to close some funds which ones to close? 

2. I have a housing loan of 65 lakh can i use the MF investment to clear the same?

My MFs are as below: 

HOLDINGS AS ON 1st November 2022

Scheme Name Invested Value Current Value Returns XIRR
HDFC Retirement Savings Fund Equity Plan Direct Growth 14999.24 16559.71 1560.477307 16.43%
UTI Long Term Equity Fund Direct Growth 19498.88 20326.63 827.7535724 7.16%
Parag Parikh Flexi Cap Fund Direct Growth 14999.2 15473.93 474.7245131 4.92%
Motilal Oswal Asset Allocation Passive FoF Aggressive Direct Growth 999.95 1052.04 52.0888116 4.48%
IDFC Tax Advantage (ELSS) Direct Plan Growth 13999.37 15039.63 1040.257178 12.98%
Kotak Bluechip Fund Direct Growth 19499.65 20814.18 1314.536521 11.31%
Canara Robeco Equity Tax Saver Direct Growth 13999.17 14879.03 879.8574 10.95%
Kotak Tax Saver Fund Direct Growth 27998.71 30544.75 2546.042107 15.29%
Aditya Birla Sun Life Corporate Bond Fund Direct Growth 32498.55 33342.47 843.9236482 4.44%
Mirae Asset Tax Saver Fund Direct Growth 29998.51 31241.27 1242.76146 6.81%
Canara Robeco Equity Hybrid Fund Direct Growth 13998.83 14727.89 729.06493 9.12%
Kotak Multicap Fund Direct Growth 12999.35 14462.41 1463.060518 19.21%
SBI Balanced Advantage Fund Direct Growth 20999.01 22217.09 1218.079844 9.96%
UTI Flexi Cap Fund Direct Growth 32498.81 32324.14 -174.6719205 -0.87%
SBI Multi Asset Allocation Fund Direct Growth 27998.57 29453.48 1454.907578 9.19%
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 2026 60:40 Index Fund Direct Growth 11999.4 12200.07 200.666444 3.01%
Ans: Further details required

Present age

Monthly Investment / SIP

There is no need to disclose your folio numbers.

(more)
Harsh

Harsh Roongta Answer  |Ask -

- Answered on Dec 24, 2019

Asked on - Dec 24, 2019Translate

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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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