Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries:
pushkar rana: I am investing in the below SIPs. Please suggest whether to continue or need some changes.
(A.) Monthly SIP
B. Lump sum amount
Omkeshwar Singh: This is a decent portfolio, please continue and review after an year.
santosh: I have 8 MF ongoing SIPs ,which started recently. kindly review and advise details as below. Further in addition to this if I want to invest sum lumpsum amount may 10 lacs, which better option you suggest.
Omkeshwar Singh: The funds in the portfolio are good, please continue and review after an year
Fresh investment: stagger your investments in 12 to 18 months either through SIP or STP for averaging out the investments at different market levels, i.e., at NAV instead of lumpsum investment at one go.
Ranjith P K: Request you to analyse my investments and provide your relevant opinion. Looking forward for your valuable suggestions please.
Age: 32; Occupation: Academician; MY investments are below. I prefer to be on balanced mode.
One time investments:
SIP of Rs 1000 monthly:
Omkeshwar Singh: Too many ELSS Funds; Please consolidate in 1 or 2 ELSS funds: Axis Long Term Equity Fund - Growth / Canara Robeco Equity Tax Saver Fund – Growth
In Multi Cap: UTI Equity Fund-growth Plan-growth is a better option
In Large Cap: Axis Bluechip Fund - Growth is a better option
In Focused: Axis Focused 25 Fund - Growth Option / IIFL Focused Equity Fund - Growth are better options
Rest of the funds are fine.
Saif: Can you please advise if I should continue with the following funds, and in which funds should I invest more for good returns in 3 to 5 years down the line.
1. TATA Equity PE Fund (Investing 2500pm for past 3 years)
2. Canara Robeco Emerging Equities fund (Investing 2500pm for past 3 years)
3. ICICI Prudential Equity & Debt Fund-Direct Plan (Investing 2500pm for past 3 years)
4. Canara Robeco Equity Hybrid Fund- Direct Plan
Also, can you please recommend if one should invest in Gold funds, and if so which gold fund would be good for bulk investment?
Omkeshwar Singh: 3 of the 4 funds are decent, and instead of ICICI Prudential Equity & Debt Fund-Direct Plan, Edelweiss Balanced Advantage Fund - Growth Option is a better option
rohan nath: I have SIP in following funds since last 3 years should i continue or switch:
1.ABSL Pharma fund growth
2.ABSL digital fund growth
3.ABSL low duration fund
4.ICICI asset allocator fund
5.SBI Banking and finance fund
6.ABSL Banking and finance fund
Omkeshwar Singh: In Large Cap: Axis Bluechip Fund - Growth is a better option
Too many Sectoral Funds; the risk of concentration is high; instead diversified funds are better option.
- UTI Equity Fund – Growth
- DSP mid cap Fund – Growth
- Tata Large & Mid Cap Fund - Growth
- Canara Robeco Emerging Equities – Growth
Above funds have decent exposure to Pharma, Banking and Technology
Rest of the funds are okay.
Anonymus: I am investing in mutual funds since last two years. I am 39 yrs old. Kindly let me for the above schemes.
1. SBI Bluechip direct growth - 5000 pm
2. SBI Equity Hybrid direct growth - 5000 pm
3. Axis Bluechip direct growth - 10000 pm
4. ABSL Corporate Bond fund direct - 5 lacs invested in last month.
Omkeshwar Singh: 3 of the 4 funds are decent, and instead of SBI Bluechip direct growth, UTI Equity Fund – Growth is a better option
SACHIN UPADHYE: I have the following investments in MF since few years ... should i continue or switch to some other MFs...please advise
ICICI Prudential MF
multi asset fund - growth - 89K
multi asset fund DP growth - 1.18L
bluechip growth - SIP 2500/-
HDFC MF
hdfc top 100 DP - growth - 70K
hdfc infrastructure DP - growth 25K
IDFC MF
IDFC infra growth direct - 20K
IDFC bond fund IP Gr - dir - 10k
IDFC bond fund MT Gr - dir - 10k
IDFC ASBF - direct - plan A growth - 10k
Omkeshwar Singh: SBI Multi Asset Allocation Fund - Growth is a better option in hybrid multi- asset and Axis Bluechip Fund – Growth is better option in Large-cap
UTI Equity Fund – Growth is a better option in Multi-cap
Sectoral Infra Funds can be avoided; instead diversified equity funds with higher infra exposure can be considered
Rest of the funds are fine.
anindya chatterjee: Following are my investments: Kindly guide me if i am going in right path.
Omkeshwar Singh: UTI Equity fund- Growth is better Multi cap; Axis Bluechip Fund - Growth is better large cap and Canara Robeco Equity Hybrid Fund - Growth is better Aggressive Hybrid.
Rest are fine.
Rama Krishna: MF GURUJI PRANAM!
INVESTMENT AMOUNT: 50 LAKHS
FAMILY MEMBERS: 4 ADULTS + 1 CHILD
REQUIREMENT: 50,000 P.M. FOR FAMILY MAINTENANCE + 10% CAPITAL APPRECIATION
PLEASE ADVISE ON INVESTMENT.
Omkeshwar Singh: If your age is UNDER 50 then these funds can be considered -- Rs 12.5 lakh each with SWP of Rs 12500 from each fund;
- EDELWEISS BALANCED ADVANTAGE FUND - GROWTH
- CANARA ROBECO EQUITY HYBRID FUND - GROWTH
- UNION BALANCED ADVANTAGE FUND - GROWTH
- TATA BALANCED ADVANTAGE FUND - GROWTH
If your age is OVER 50 then these funds can be considered -- Rs 12.5 lakh each with SWP of Rs 12500 from each:
- EDELWEISS BALANCED ADVANTAGE FUND - GROWTH
- Hdfc Banking And Psu Debt Fund - Growth Option
- UNION BALANCED ADVANTAGE FUND - GROWTH
- Idfc Government Securities Fund- Investment Plan--growth
arvind agrawal: Nowadays many people are investing in International Funds launched by Indian AMCs due to superior returns. Pl advice whether they are safe and one should invest in such funds? If yes then pl suggest an Indian fund who invest in international equities or international fund.
Omkeshwar Singh: International funds are better option; few funds that can be considered are as under:
- Aditya Birla Sun Life Global Emerging Opportunities Fund Growth
- Motilal Oswal Nasdaq 100 Fund Of Fund - Growth
- Franklin India Feeder - Franklin U.s. Opportunities Fund - Growth
- Motilal Oswal S&p 500 Index Fund - Growth
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.
