These MFs can create wealth for you

'I am investing in MFs for wealth generation.'
'Please advise on my portfolio for better returns.'

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

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Ramani Thyagarajan: I read your post in rediff.com and your analysis on Mutual fund investment was very insightful. Hence would like to solicit your guidance on the same. I have invested in the following Mutual funds since Aug’ 2017 (3 years) post my retirement, and all these funds are not yielding the desired results. Under the current pandemic scenario should I shift these funds or should hold. I do not want to exit as notional loss may result in actual loss. Kindly advice. NAV value as of 03/08/2020

Omkeshwar Singh: 

Rajan Dutta: I am investing in following MF for a quiet sometime. Please advice. 

Omkeshwar Singh:

Sankaranarayanan H: I'm looking for advice on mutual fund. below are the fund detail and have monthly SIP of 1500. Please advise if I should continue or do some switch. Please also suggest if the portfolio is diverse enough.

Omkeshwar Singh: 

Amar Jeet Singh: I am 44 year old with 2 kids (15 yrs and 7 years). I am investing in MFs for wealth generation. Please advise on my below existing portfolio for better returns (investment period 5-8 yrs). 

Omkeshwar Singh:

Partho: I'm now 55+, taken VRS. I have invested one time investment in two MF, details stated below:

May 2019 - SBI Dynamic Asset Allocation Fund- Regular Plan - Growth (Rs.350000/-) (Quarterly redemption Rs.7450/-)
Aug 2019 - SBI Equity Hybrid Fund Regular Growth (Rs.425000/-) (Quarterly redemption Rs.8500/-)

Redemption is require to meet part of monthly expenses.

I would like to know whether to hold 7/8 years or till value recover or switch them now?

Can you please review my funds and suggest the course of action?

Omkeshwar Singh:

Sivakumar: I have invested in the below funds via SIP. Need guidance if I can continue or should I switch

Lumpsum
SBI Magnum Global Fund (D)
HDFC Midcap Opportunities - Regular plan (G)
SBI Gold fund - Regular plan
SBI Focussed Equity Fund - Regular plan (G)
Franklin India Equity Fund (G)
SIP
ICICI Prudential Bluechip Fund (G)
HDFC Capital Builder Value fund - Regular plan (G)
Principal Multi cap Growth fund - Regular plan
HDFC Capital Builder value fund (G)
HDFC Midcap opportunities - Regular plan (G)
SBI Magnum Gilt Fund regular growth
L&T Midcap fund cumulative
ICICI Prudential Regular Savings fund (G)
MIRAE Asset Emerging Blue chip fund – Regular plan (G)
Axis Bluechip Fund – Regular plan (G)

Omkeshwar Singh: 

Suresh D K: Currently I am holding

Axis Long Term Equity Fund ELSS 95,000 3 year lock in period
Axis Dynamic balanced fund 50,000

Also planning to invest close to 3.80 Lakhs a lump sum investment
Following are the break up and investment period

92,000/- 6 months
100000/- 2 years
188,000/- 3-5 years
Please suggest best return investment according to the investment period.

Omkeshwar Singh:

Anonymous: Currently my Mutual Fund Portfolio is managed through SBI Wealth. For public notice would like to remain Anonymous. Your advice please.

Omkeshwar Singh: 

SD Raj: I have a SIP in the Nippon India Mutual Fund (Previously Reliance India Mutual Fund), (NIPPON INDIA MULTI CAP FUND - DIVIDEND PLAN - REINVESTMENT)and have been investing in the same for the las 5 yrs., monthly Rs. 3,000/-.

Presently the same in my opinion, is really not that worthwhile.

Request your help in updating as to whether i can stop the same and start a new SIP in which better MF.

Omkeshwar Singh:

Suresh Kumar: I HAVE INVESTED FOLLOWING SUM IN THE MUTUAL FUNDS BUT ALMOST EVERYONE IS IN LOSS AS ON TODAY 04 AUG 20:

Omkeshwar Singh: 

Venkatasubramanyan Narayanaswamy: Following statement shows our family MF holdings. Pl advise which SIP to be discontinued, and which MF to be switched to which MF.

Omkeshwar Singh: 

Ashish Rai: I am investing in below mutual funds via SIP. I prefer to be on aggressive to moderate aggressive side. 

1. SBI Equity Hybrid Fund (Since Sep'2019)
2. HDFC Hybrid Equity Fund (Since Sep'2019)
3. ICICI Prudential Equity & Debt Fund (Since Sep'2019)
4. Nippon India Ultra Short Duration Fund (Since Feb'2019)
5. Axis Long Term Equity Fund - Direct Growth (Since Apr'2016)
6. HDFC Equity Fund - Growth (Since Nov'17)
7. SBI Focused Equity Fund - Regular Plan - Growth (Since Dec'2017)

One Time investment in below Fund-
1. DSP Tax Saver Fund (Since Feb'2018)
2. Motilal Oswal Long Term Equity Fund (Since June'2018)
3. Invesco India Financial Services Fund - Direct Plan(Since Jan'20)
4. Nippon India Arbitrage Fund - Direct (Since Jan'20)
5. HDFC Short Term Debt Fund - Direct Plan (Since Jan'20)
6. Franklin India Ultra Short Bond Fund - Super Institutional Plan (Since Jan'20)
7. L&T Focused Equity Fund - Direct Plan (Since Jan'20)
8. ICICI Prudential Bluechip Fund - Direct Plan (Since Jan'20)
9. SBI Dual Advantage Fund Series XXV- Regular Plan - Growth (Since Oct'17)
10. SBI Equity Hybrid Fund - Regular Paln- Growth (Since Oc'17)
11. SBI Banking & Financial Services - Regular - Growth (Since Oct'17)
12. HDFC Mid Cap Opportunities Fund - Growth (Since June'19)
Kindly suggest if these are good to go ahead or do i need to switch any of the above funds.

Omkeshwar Singh:

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If you want Mr Singh's 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 he will offer his unbiased views.

Disclaimer: This article is meant for information purposes 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.