Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries:
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.
MF Name Monthly SIP Start Date
SBI Blue Chip Fund - Direct Plan - Growth 2000 Aug-18
SBI Small Cap Fund - Direct Plan - Growth 1000 Feb-21
NIPPON India Large Cap Fund - Diect Plan - Growth 1000 Nov-17
NIPPON India Small Cap Fund - Diect Plan - Growth 1000 Feb-18
NIPPON India Multi Cap Fund - Diect Plan - Growth 1000 Mar-15
AXIS Blue Chip Fund - Direct Plan - Growth 1000 Feb-21
AXIS Small Cap Fund - Direct Plan - Growth 1000 Feb-21
AXIS Mid Cap Fund - Direct Plan - Growth 1000 Feb-21
Omkeshwar Singh: You may continue with 1,2,6,7 & 8
Sandeep Kochana Shivanand: I am 37 years old. Below is my current investment portfolio:
SIP - For the past 2 months:
L&T Balanced Advantage Fund
Mirae Asset Hybrid Fund
Motilal Oswal Multi Asset Fund
PGIM India Midcap Opportunities
Kotak Small Cap Fund
Policies
Max Life Life Perfect Partner Super - Since 2016, 20 years premium paying term
Max Life Shiksha Plus Super - Since 2016, 18 years premium paying term
Jeevan Anand (Plan-149) - Since 2011, 12 years premium paying term
Home Loan
1. Outstanding 1.13 CR - EMI 1.02L (Commenced from 2018, 20 years term)
2. Outstanding 1.25 CR - EMI 1.1L (Commenced from 2018, 20 years term)
Monthly Expenses - 35000/-
Income
Salary - Net 2.8 L/month
Annual bonus - Net 8 LPA
RSUs - Net 5 LPA
I am looking for an aggressive investment plan which helps me to close out my home loans in the next 5-7 years. Please let me know what additional investment or modifications in my current portfolio, do I need to make to achieve this target.
Omkeshwar Singh: To create a corpus of 1.75 crs (loan outstanding in 7 years) in 7 years the SIP or monthly Instalment required is Rs. 1,25,000.
Total loans EMI should not be more that 50% of the Monthly net salary / Income
Schemes that can be considered are:
a) UTI Flexi Cap – Growth
b) Parag Parikh Flexi- Cap Growth
c) Axis ESG Equity Fund – Growth
d) DSP Mid Cap Fund – Growth
Rajesh Gianchandani: I am 57 years and now want to start investing in Mutual Funds at Rs. 60,000 per month.
I would prefer to invest in at least 6 different funds. Please can you advise how should I distribute this amount.
Omkeshwar Singh: Please specify the reason for investment i.e objective or goal
However considering the age, we can look at combination of Hybrid funds and Debt Funds.
- HDFC banking and PSU Fund – Growth
- ICICI Pru Corporate bond Fund – Growth
- Edelweiss Balanced Advantage Fund – Growth
- Union Balanced Advantage Fund – Growth
- Canara Reboco Equity Hybrid Fund – Growth
- Motilal Oswal Equity Hybris Fund - Growth
muni krishna: I am 40 yes old and plan to invest in mutual funds for a span of 20 years kindly advice me mutual funds of moderate risk and expected returns 10 to 15% @ 5000 per month with incremental of 1000 per year. Please kindly give Ur valuable suggestions. Should I invest in high risk funds or others which is best? Thank you
Omkeshwar Singh: You may consider the below funds:
a) UTI Flexi Cap – Growth
b) Parag Parikh Flexi- Cap Growth
c) Axis ESG Equity Fund – Growth
d) DSP Mid Cap Fund – Growth
Pankaj Hari Bonde: Sir, recently I have started to invest in Mutual funds. Below funds i have invested please suggest are those are right selection. If not, please suggest which fund I will invest in for the next 13 yrs.
For Retirement - next 13 yrs i will invest
1 Axis Bluechip fund direct plan - growth 1000/-
2 SBI Magnum Medium Duration fund direct -growth -3000/-
3 ICICI asset allocator fund FOF direct - growth - 7000/-
4 ICICI Prudential Saving fund direct plan - growth - 3000/-
5 Tata Retirement saving fund progressive P D- growth - 1000/-
6 L&T Midcap fund direct - growth - 1000/-
7 canara Robeco Emerging equities fund direct - growth - 1000/-
For Child Education (next 12 yrs)
1 canara robeco Aggressive hybrid fund - 3000 /-
2 Axis midcap fund - 3000/-
3 Nippon india Multi cap fund - 2000/-
Also need to start two more SIPs about 3500 and 2500 for 14yrs and 17 yrs target for kids’ marriage. Please suggest a fund for marriage goals.
Also need to invest a lump sum of 750,000/- for child education for which fund I will select, the duration minimum should be 7yrs or max 10 yrs for investment?
Please suggest above funds are the right section or not? If not please suggest which fund I will refer to for retirement and Child education.
Omkeshwar Singh:
For Retirement: Need to do investments in Equity Oriented funds so that a decent corpus can be created.
You may continue with 1, 3 and 7 and for rest below can be considered
a) UTI Flexi Cap – Growth
b) Parag Parikh Flexi- Cap Growth
c) Axis ESG Equity Fund – Growth
d) DSP Mid Cap Fund – Growth
For Child’s Education: You may continue with 1 and 2 and consider adding Motilal Oswal Focused- 25 Fund – Growth
shivaprakash sarangu: Please see my below portfolio advise if any change required, this investment for a long term above 5 years.
Scheme Amount
ICICI PRUDENTIAL BLUECHIP FUND - GROWTH 3000
AXIS GROWTH OPPORTUNITIES FUND - REGULAR-GROWTH 2000
NIPPON INDIA PHARMA FUND - GROWTH PLAN - GROWTH OPTION 2000
CANARA ROBECO EQUITY HYBRID FUND REGULAR GROWTH 2000
AXIS BLUECHIP FUND-GROWTH 4000
MIRAE ASSET HYBRID - EQUITY FUND - REGULAR PLAN - GROWTH 5000
ICICI PRUDENTIAL BLUECHIP FUND - GROWTH 3000
AXIS FOCUSED 25 FUND -GROWTH 2000
MIRAE ASSET LARGE CAP FUND - REGULAR - GROWTH 2000
Parag Parikh Flexi Cap Fund - Direct Plan 5000
Omkeshwar Singh: The funds are decent; however, there are too many funds in large cap; these can be consolidated
anurag kumar: I would like to get your expert opinion on my present MF portfolio. Am looking to create a lump sum value in a period of 10 years (Around Rs 6 crore)
Funds Monthly SIP
Axis MidCap Fund - Gr 30400
DSP Equity Opportunities Fund - Gr 21000
Invesco India Midcap Fund - Gr 29400
Kotak Emerging Equity Fund - Gr 29400
Kotak Flexicap Fund - Gr 21000
L&T Midcap Fund - Gr 29400
Mirae Asset Emerging Bluechip Fund - Gr 21000
Motilal Oswal Midcap 30 Fund - Gr 29400
Omkeshwar Singh: Funds are decent, with present monthly SIP of Rs. 1,81,600 the corpus that will created will be nearly Rs. 4 .5 crs
Chandrashekhar Prasad Pandey: My daughter is 25 years old. She has never invested in MF/Stocks etc. She has invested only in Bank FDs. She wants to invest Rs 9000/ per month in MFs for not a very long period. Please suggest risk free MFs
Omkeshwar Singh: Sir, there are no risk-free mutual funds investment options
Ravikant: I have invested in the following MF for last 8 years through SIP:
My goal in retirement crores and children education.
Please advise if i should continue or swap.
1. SBI Long term Equity fund - Growth 1000 per month
2. Mirae asset long term growth 2500 Per month
3. Aditya Birla Sunlife Tax relief 96 growth 1500 Per month
Omkeshwar Singh: All these are ELSS funds and decent ones , can be continues for tax benefit as well as wealth creation
Shubham Arora: I am 34 years old. I am investing 25000 per month on different mutual funds. My funds include:
Axis long term equity fund (Direct)-SIP Rs 9000
Axis Mid cap fund (Direct)-SIP Rs 5000
Axis Focussed 25 fund (Direct)-SIP Rs 2000
Nippon large cap fund (Regular)-SIP Rs 4000
L & T Emerging Business fund (Direct)-SIP Rs 5000
Please review my MF holdings and kindly advise me what are the funds I should retain/close and what new investments to make as I can invest Rs 5000 more?
Omkeshwar Singh: You may continue in 1,2,3 & 5 and for additional investment either of the below can be considered
a) UTI Flexi Cap – Growth
b) Parag Parikh Flexi- Cap Growth
Ankush Pawar: Hope you are doing well in this covid times.
I have started SIPs in following MFs:
1)Parag Parikh flexi cap -regular growth- 10000
2)Nippon india Pharma fund direct growth- 5000
3)Axis bluechip fund direct growth- 20000
4)UTI flexi cap fund direct growth- 10000
5)Nippon india large cap fund direct growth- 8000
Total 53000
I am 35 years old. I am planning to do SIP of total 1 lakh. Can you advise whether above investment is okay and what more mutual funds should I invest in to make it 1 lakh total.
Omkeshwar Singh: You may continue in 1,2,3 & 4 and for additional investment the below can be considered
a) Axis ESG Equity Fund – Growth
b) DSP Mid Cap Fund – Growth
Maharishi Vyas: I am 39 years old and want to build a corpus of 2 crore in the next 10 years. Currently investing 60K monthly in the following plans. Plan to increase this to 70-75K monthly, so pls do suggest some good funds
Mirae Asset Healthcare Fund - Direct Plan (G) - ₹2500
Kotak Small Cap Fund - Direct Plan (G) - 2500
UTI Flexi Cap Fund - Direct Plan (G) - 2500
Parag Parikh Flexi Cap Fund - Direct Plan (G) - 5000
DSP Mid Cap Fund - Direct Plan (G) - 2500
Axis Focused 25 Fund - Direct Plan (G) - 2500
JM Tax Gain Fund - Direct Plan (G) - 2500
Quant Tax Plan - Direct Plan (G) - 5000
Axis Bluechip Fund - Direct Plan (G) - 2500
Motilal Oswal Focused 25 Fund - Direct Plan (G) - 2500
Omkeshwar Singh: Continue with 2 , 3, 4, 5, 9 & 10
Kalyan Dey: I have the following question.
I am just retired from Private Sector (no pension), with PF amount with me (around Rs 80 Lac). Please suggest how to invest the same so that I get some monthly amount to run my family. Also, let me know if any MF is there where I get regular return.
Omkeshwar Singh: Invest Rs. 20 lakhs each in below 4 funds and do a SWP of not more than 7.5% of the corpus i.e. upto Rs. 50000 per month i.e Rs. 12500 from each of the 4 funds
- HDFC banking and PSU Fund – Growth
- ICICI Pru Corporate bond Fund – Growth
- Edelweiss Balanced Advantage Fund – Growth
- Union Balanced Advantage Fund – Growth
manohar lal rampal: I am a retired professional and for last 10-12 years investment has been done through ARNs advisors in MF scheme Regular Growth options. Total MF investment is in the tune of overINR 1.5 Cr. I have a few SIPs amounting to INR 1.5 lakhs/ month.
Recently some friend told me that investment through DIRECT method results in much better returns than regular through ARNs advisors.
Request pls. advise giving one /two examples like GDFC Top 100 (G): 8 years SIP 10,000, total amount incl Lump sum & SIP Rs 25 lakhs, Axis Long Term EQ (G)..SIP INR 12500, total investment INR 30 lakhs. etc. Shall be grateful for kind advise.
Omkeshwar Singh: Sir, Direct plans are suited for Investors well versed with the markets and can take decision without any assistance.
Primary criteria is the selection of good funds and if the same is being done properly with help of mutual funds distributor than it should be continued.
For saving some basis points with direct plan and in wrong selection of funds can do more harm to the overall portfolio
Choice is of Investor, it’s similar to self-medication or doctor’s prescription
rajagopal d: I am 58 years old and i want a secure mutual fund to invest a sum of 10 lacs, which can fetch me decent income every year.
Please suggest.
Omkeshwar Singh: Sir, you may consider the below:
- Edelweiss Balanced Advantage Fund – Growth
- Union Balanced Advantage Fun d – 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.
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