 | « Back to article | Print this article |
Wondering if you did the right thing with your mutual fund investments?
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
Animesh Raj Chakraborty: I want to know that I am investing Rs 1500 on monthly basis as SIP in HDFC TOP 100 FUND- REGULAR PLAN. Kindly let me know whether it’s a good platform for investment for medium-term basis or should I change it to other plan? My age is 30 years, from Silchar, Assam. Waiting for your valuable feedback.
Omkeshwar Singh:
You may continue with this fund.
Srinivasa Seshadry: I have invested in ABSL Pure Value Fund Growth since 2018 through SIPs. NAV has nosedived from high of 84 to current 46. Please suggest should I continue or switch. Kindly suggest alternatives.
Omkeshwar Singh:
Top 2 equity value funds are (4-Star rated)
Kiran Singh: Greetings, my age is 44 years & apart from liabilities of loan, I sometimes feel like investing in MF, but looking at current scenario & people around me who have invested in MF have turned negative or are less than their investment in 3-years.
I need advice on investing in MF which should be balanced (tax saver can also do) in returns with horizon of 12-15 years looking ahead the responsibilities (daughter marriage & higher education) & expenses thereon.
A bigger chunk of my salary goes into loan repayment, approximately Rs 91435/month which is 55 per cent of my net income, so need advice as to really look at MF or wait as the liabilities are higher.
These liabilities are towards my two home loans (rented with an income of Rs 8800 & one of the property is under construction) & a car loan.
Omkeshwar Singh: At present market levels the investments should be done in Multicap , Focused and Mid cap.
Multicap: Suitable options considering quality and value for money at present levels are UTI Equity Fund, Axis Multicap, Motilal Oswal Multicap 35
Focused: Suitable options considering quality and value for money at present levels are Axis Focused 25 and Motilal Oswal Focused 25
Midcap: Suitable option considering quality and value for money at present levels is DSP Midcap and Axis Midcap
ELSS: Suitable options considering quality and value for money at present levels are Motilal Oswal Long Term Equity – Growth
Dibakar Maiti: I am 32 and would like to know the following mutual funds are good or not as I am investing in them for more than 5 years around Rs 40,000 each month by SIP mode. Please suggest me if I have to change any.
Please suggest as I am investing almost Rs 40,000 per month in SIP mode. Whether any change is required or not? Also suggest the best funds for me as I am thinking for 12 to 20 years. Waiting for your valuable comments
Omkeshwar Singh:
You may continue with funds with 4 and 5 star rated, sector funds to be avoided and good funds in Multicap , Focused and Mid cap should be invested in.
Midcap: Suitable option considering quality and value for money at present levels is DSP Midcap and Axis Midcap
Multicap: Suitable options considering quality and value for money at present levels are UTI Equity Fund, Axis Multicap, Motilal Oswal Multicap 35
Focused: Suitable options considering quality and value for money at present levels are Axis Focused 25 and Motilal Oswal Focused 25
Rohan Nath: I have invested Rs 100,000 in UTI Logistic and Transportation Fund in January 2018. Should I continue or exit this fund?
Omkeshwar Singh: Sector funds to be avoided and good funds in Multicap , Focused and Mid cap should be invested in.
Midcap: Suitable option considering quality and value for money at present levels is DSP Midcap and Axis Midcap
Multicap: Suitable options considering quality and value for money at present levels are UTI Equity Fund, Axis Multicap, Motilal Oswal Multicap 35
Focused: Suitable options considering quality and value for money at present levels are Axis Focused 25 and Motilal Oswal Focused 25
Pranab: Dear Sir, Greetings! I am 45 years; I have the following ongoing SIPs. Kindly advise me if I should continue or switch.
Omkeshwar Singh: You may continue with funds with 4 star ratings.
Top 2 Equity value funds are (4-Star rated)
Mrinal Rano: Dear Sir, I have following mutual funds: Please comment whether I shall sell or retain.
Omkeshwar Singh: You may continue with funds with 4 and 5 star rated, sector funds to be avoided and good funds in Multicap , Focused and Mid cap should be invested in.
Midcap: Suitable option considering quality and value for money at present levels is DSP Midcap and Axis Midcap
Multicap: Suitable options considering quality and value for money at present levels are UTI Equity Fund, Axis Multicap, Motilal Oswal Multicap 35
Focused: Suitable options considering quality and value for money at present levels are Axis Focused 25 and Motilal Oswal Focused 25
ELSS: Suitable options considering quality and value for money at present levels are Motilal Oswal Long Term Equity – Growth
Saurabh Mishra: I have with me these mutual fund schemes invested through SIPs: Kindly advice on these schemes and it's future performance.
Omkeshwar Singh: You may continue with funds with 4 and 5 star rated.
Midcap: Suitable option considering quality and value for money at present levels is DSP Midcap and Axis Midcap
ELSS: Suitable options considering quality and value for money at present levels are Motilal Oswal Long Term Equity – Growth
Bhavin M Dharsandia: My mutual fund investments are as below: Please advice what can I do for long term benefit.
Omkeshwar Singh: You may continue with funds with 4 star ratings.
Midcap: Suitable option considering quality and value for money at present levels is DSP Midcap and Axis Midcap
Illustration: Dominic Xavier/Rediff.com
Disclaimer: This article is meant for information purpose only. This article and information do not constitute a distribution, an endorsement, an investment advice, an offer to buy or sell or the solicitation of an offer to buy or sell any securities/schemes or any other financial products/investment products mentioned in this QnA or an attempt to influence the opinion or behaviour of the investors/recipients.
Any use of the information/any investment and investment related decisions of the investors/recipients are at their sole discretion and risk. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Opinions expressed herein are subject to change without notice.