Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries:
Pravin Thumbare: Am 41 years old and investing in following funds 1000/- per month from last one year with 5-10 years of horizon.
1 SBI Multi Asset Allocation Fund - Direct Plan - Growth
2 IDFC Government Securities Fund - Investment Plan - Direct Plan - Growth
3 Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth
4 Axis Bluechip Fund - Direct Plan - Growth
5 Axis Midcap Fund - Direct Plan - Growth
6 Tata Retirement Savings Fund - Direct Plan - Progressive Plan - Growth
7 HDFC Retirement Savings Fund - Equity Plan - Direct Plan - Growth
8 SBI Small Cap Fund - Direct Plan - Growth
9 HDFC Small Cap Fund - Direct Plan - Growth
10 Axis Small Cap Fund - Direct Plan - Growth
Please advise on the portfolio. Also, please suggest good index fund for SIP for 15-20 years.
Omkeshwar Singh: Consolidate Small caps into Axis Small Cap, rest can be continued.
On index side, you may consider UTI Nifty Fund or HDFC Sensex 30 Fund – Growth option
Jayashri Ojale: May I start SIPs now or wait till market go down? Now it seems at highs.
Omkeshwar Singh: Best part about SIPs are that you need not wait to time the markets but using the rupee cost averaging, therefore SIPs can be started at any time in good quality funds
Jagdish Gupta: I am 55 years of age & shall retire by 2026. I want to invest through SIP in mutual funds around 1.2 - 1.5 lakh per annum for next 5 years to get some good return by 2026. Please advise for mutual funds accordingly.
Omkeshwar Singh: Considering the age and the tenure, hybrid funds would be better suited, you may consider these:
Edelweiss balanced advantage fund - growth
Canara robeco equity hybrid fund -growth
Motilal oswal equity hybrid fund- growth
Union balanced advantage fund - growth
Tata balanced advantage fund -growth
Shashank Shekhar: Please suggest should I continue the below or stop any and look for some other better options.
I have done SIP in the below funds as below on monthly basis starting January 2021.
Axis Bluechip- 6000
Axis Focused - 3000
Axis Midcap- 2000
Canara Robecco Bluechip equity- 3000
Kotak Bluechip- 4000
Mirae Asset Large cap- 4000
SBI bluechip- 4000
SBI Focussed- 3000
Also I have done lump sum investment in below starting February 2021.
Axis midcap - 100000
Kotak Small Cap - 50000
PGIM Global equity opportunities fund - 50000
Edelweiss Greater China Equity Offshore Fund - 50000
PGIM India flexi cap fund - 50000
Tata Index Fund - 50000
Axis Global innovation fund of fund- 1 lakh
Omkeshwar Singh: Please continue
Abhishek Tripathi: I am 38 years old. I am currently investing Rs 20k per month in the following SIPs for my retirement. Please suggest if I am going right or need to switch any funds?
1. Nippon India Value Fund - Growth - 1000 p.m.
2. HDFC Top 100 Fund - Growth - 1000 p.m.
3. SBI Small Cap Fund Direct - Growth - 5000 p.m.
4. Axis Bluechip Fund Direct Plan - Growth - 5000 p.m.
5. Parag Parikh Flexi Cap Fund Direct - Growth - 3000 p.m.
6. Mirae Asset Emerging Bluechip Fund Direct - Growth - 2500 p.m.
7. Motilal Oswal Nasdaq 100 FOF Direct Growth - 2500 p.m.
Additionally I want to invest around Rs10k per month more (as SIPs) in 2-3 mutual funds. Kindly suggest.
Omkeshwar Singh: Please continue; additionally you may consider Axis ESG Equity Fund – Growth and UTI Flexi Cap fund - Growth
Jyoti: I have investments in the following mutual funds (all Direct Growth option). I am planning to continue for the next 10 years. Please advise whether I can continue with them or should change to any other plan.
1 Nippon India Multi Cap Fund - Growth 18/03/2015 1000
2 Nippon India Small Cap Fund - Growth 10/2/2018 1000
3 Nippon India Large Cap Fund - Growth 8/11/2017 1000
4 SBI Blue Chip Fund - Growth 8/8/2018 2000
5 SBI Small Cap Fund - Growth 8/2/2021 1000
6 Axis Blue Chip Fund - Growth 8/5/2021 2500
7 Mirae Asset Emerging Bluechip Fund - Growth 8/5/2021 2000
8 Axis Small Cap Fund - Growth 8/5/2021 2000
Also I am looking to invest Rs 1L as lumpsum in some MF for long run. I would appreciate your brilliant advice on the same.
Omkeshwar Singh: Please continue, and for lumpsum; you may consider Axis ESG Equity Fund – Growth, UTI Flexi Cap fund - Growth and Parag Parikh Flexi Cap Growth
Anil Agnihotri: I would like to know that for 15 year horizon and ongoing SIP of total 40,000 in following funds, can I expect a growth of 13-15% in corpus? Current investment as on date is as follows:
Aditya Birla Front line equity 85,000
SBI Blue Chip fund 1,60,000
Canara Robeco Emerging Equities Fund - Regular Plan 1,80,000
Mirae Asset Emerging Blue chip 2,20,000
HDFC Midcap Opportunities Fund 1,30,000
Axis Bank Blue Chip Fund 80,000
Omkeshwar Singh: These are decent funds and can generate returns as expected
Pranav Choudhary: I am a salaried person, invested Rs. 10,000 p.m in HDFC Mid Cap opportunities fund since dec 2018. Shall i continue with it or switch or closed down? Kindly advise.
Omkeshwar Singh: Please continue
Rajneesh Bankura: I have invested in 2 SIP as on today:
1. SBI Bluechip Fund: 10k Per month
2. Axis Focused 25: 5k per month
Please suggest if these are good MFs or do i need to switch to any other MF? Also, I can invest further 10k per month. Please suggest whether i should increase the investment amount in any of these funds or do you suggest any other good fund in terms of 10 year plan?
Omkeshwar Singh: These are good funds and for additional investment you may consider Axis ESG Equity Fund – Growth, UTI Flexi Cap fund - Growth OR Parag Parikh Flexi Cap Growth
Navtej Singh: I had been reading your replies on rediff.com and getting a lot of information from them for investment in mutual funds. I need your precious guidance on following mutual funds in my mf portfolio:
Waiting anxiously for your reply on rediff
Recently I have started SIP of 5000/pm in each
1. Axis Banking & PSU Debt Dir-G
2. Axis Bluechip Dir-G
3. Axis Small Cap Dir-G
4. Mirae Asset Banking And PSU Debt Fund Dir-G
5. Mirae Asset Emrgng Bluechip Dir-G
6. Mirae Asset Large Cap Dir-G
7. Parag Parikh Cons Hybrid Fund Dir-G
8. Parag Parikh Flexi Cap Dir-G
9. SBI Bluechip Dir-G
10. SBI Nifty Next 50 Index Fund Dir-G
Omkeshwar Singh: Please continue
Choudhary Afsar Ali: I am investing monthly 5000 in following Mfs:
1. Axis Bluechip Fund Direct Plan Growth --- Rs.2000
2. ICICI Prudential Technology DIrect Plan Growth --- Rs.3000
Omkeshwar Singh: Please continue
Vineeth Sarjit: I have been reading your inputs on rediff.com and learning a lot from them in investment in mutual funds. I request you to pls suggest me if my investments are okay and any other additional MFs i should look into.
DSP Tax Saver Fund - Regular Plan- Growth: 3k/monthly
CanaraRobeco Tax saver - 2k/monthly
DSP quant Fund - 100000 Lumpsump
DSP Small Cap - 150000 Lumpsump
Omkeshwar Singh: Please continue
Parmodh Singla: I have invested in following funds please advise whether to continue or should shift to others.
Nippon Tax saver fund
Birla sun life equity saving fund - Monthly SIP 5000
Nippon Large cap fund
SBI equity hybrid fund -monthly SIP 5000
Mirae asset large cap fund
Franklin blue chip fund
Omkeshwar Singh: Axis Long term equity fund or Canara reboco tax saver is better ELSS fund, consolidate large cap to Mirae asset Large Cap Fund .
Raghav Maurya: I hope you are doing well. I am new to MFs and need your advice on my portfolio. Currently I am investing 2.5K/month in below mf as SIPs and planning to increase by end of this year
1.L&T Balanced Advantage fund-1.5k
2.Mirae asset tax saver fund direct growth -1.0k
Should I continue with above MF for a long term considering my age is 32? And planning to invest 1k additionally? Please suggest one good fund to invest for a long term
Omkeshwar Singh: Please continue as of now.
Brijesh Pandey: Please advise. I am 46 year old and investing in following SIPs:
Axis Blue chip Fund 34,000
Axis Growth Opportunities Fund 12,000
Axis Focused 25 Fund 12000
DSP Small Cap Fund 10,000
DSP Mid Cap Fund 20,000
DSP Top 100 2000
HDFC Mid Cap Opportunities Fund 6,000
HSBC Large and Mid Cap 5000
ICICI Prudential Blue chip Fund 5000
Invesco India Growth Opportunities Fund 2500
Mirae Asset Focused Fund 20,000
Mirae Asset Emerging Blue chip Fund 15,000
SBI Small Cap funds 2000
SBI Focused Equity Fund 12,000
Tata Equity P/E Fund 2000
Omkeshwar Singh: Too many funds, however good thing is that all are decent funds, so the investment can be continued
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, 'Ask MF Guru', 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.
