'I want to invest Rs 4-5K monthly in MFs through SIP mode.
'I want to create a corpus of Rs 25 lakhs.
'What should my strategy be to create a corpus of around Rs 50 lakhs?'
Omkeshwar Singh, head, Rank MF, (external link) a mutual fund investment platform, answers your queries:
Niraj Kalra: Please advise regarding the following portfolios.
No investments in ICICI Pru Tax Saver Fund for the last four years; only in Axis Tax Saver and DSP Tax Saver.
All funds are regular growth, except debt funds.
Risk appetite is moderate.
| Portfolio 1 -- investor age, 35 years |
| Axis Blue Chip |
| Axis Long Term Equity |
| Canara Robeco Focused Fund |
| DSP Flexi Cap |
| HDFC Balanced |
| HDFC Flexi |
| ICICI Pru Tax Saver |
| Mirae Asset FANG+ NYSE ETF |
| Nippon India Pharma |
| Portfolio 2 -- investor age, 61 years |
| Axis Banking & PSU Debt |
| Axis Bluechip |
| Axis Growth Opportunity Fund |
| Axis Long Term Tax Saver |
| Edelweiss Balanced Advantage |
| ICICI Pru Corporate Bond |
| ICICI Pru Long Term Tax Saver |
| SBI Magnum Gilt Long Term Fund |
| Portfolio 3 -- investor age, 31 years |
| Axis Bluechip |
| DSP Tax Saver |
| ICICI Pru Tech, Growth |
| ICICI Long Term Tax Saver |
| Nippon India Pharma |
| Parag Parikh Flexi Cap |
| SBI Banking & Financial Service Plan, Regular Growth |
| Portfolio 4 -- investor age, 65 years |
| Axis Bluechip |
| Axis Long Term Tax Saver |
| Mirae Asset Emerging Bluechip |
| Mirae Asset Large Cap |
| ICICI Pru Long Term Equity Tax Saver |
| Portfolio 5 -- investor age, age 27 years |
| Axis Bluechip |
| Axis Long Term Tax Saver |
| Parag Parikh Flexi Cap |
| Tata Banking And Financial Services Fund |
| Tata Digital India |
| Tata India Pharma & Healthcare |
Omkeshwar Singh: The portfolios are good. However, they are mostly high risk portfolios. Add some hybrids to moderate the risk and exit from high risk funds, especially the sectoral funds.
Ammulu Chippada: I am 28 years old and pursuing my job. I am currently investing 12.5K per month with a horizon of 10-15 years.
Please review my portfolio and suggest necessary improvements.
Following are the fund names that I am currently holding:
| 1. SBI Bluechip -- Direct Growth | Rs 2.5K per month |
| 2. Axis Bluechip -- Direct Growth | Rs 2.5K per month |
| 3. Mirae Asset Emerging Bluechip -- Direct Growth | Rs 2.5K per month |
| 4. Parag Parikh Flexi Cap -- Direct Growth | Rs 2.5K per month |
| 5. Axis Midcap Fund -- Direct Growth | Rs 1.5K per month |
| 6. Canara Robeco Focused Equity Fund -- Direct Growth | Rs 1K per month |
Omkeshwar Singh: 1, 2, 3, 4 and 5 are fine funds.
Sahil Ganju: I want to invest Rs 4-5K monthly in MFs through SIP mode. I want to create a corpus of Rs 25 lakhs.
Please suggest the best funds in your opinion and what my strategy should be to create a corpus of around Rs 50 lakhs.
Awaiting your response.
Omkeshwar Singh: You may consider the below funds:
| Axis ESG Equity Fund -- Growth |
| Motilal Oswal Focused 25 Fund -- Growth |
| UTI Flexi Cap Fund -- Growth |
Dr Shyamsundar Sreedharala: I am a practising dentist. I have been investing in mutual funds since 2015. Please let me know which funds are to be continued and which funds have to be switched.
These are my investments in mutual funds, valued at around Rs 25,40,000 on May 31.
I am 43 years old and plan for a corpus of around Rs 1.5 crores at the age of 60.
Please guide me regarding the changes I need to make in my portfolio.
Thank you Sir. Have a good day
SIP:
| 1. ADITYA BIRLA SUN LIFE FLEXI CAP FUND -- GROWTH, REGULAR PLAN | Rs 2,000 per month |
| 2. SCGP-AXIS SMALL CAP FUND -- GROWTH, REGULAR PLAN | Rs 2,500 per month |
| 3. EFGP-AXIS BLUE CHIP FUND -- GROWTH, REGULAR PLAN | Rs 2,000 per month |
| 4. DSP MIDCAP FUND -- GROWTH, REGULAR PLAN | Rs 2,500 per month |
| 5. ICICI PRUDENTIAL BLUECHIP FUND -- GROWTH | Rs 3,000 per month |
| 6. ICICI PRUDENTIAL VALUE DISCOVERY FUND | Rs 3,000 per month |
Lumpsum
| 1. ADITYA BIRLA SUN LIFE FOCUSED EQUITY FUND -- GROWTH, REGULAR PLAN | Rs 50,000. Present value; Rs 75,339 |
| 2. AXIS FOCUSED 25 FUND -- REGULAR GROWTH | Rs 50,000. Present value: Rs 72,039 |
| 3. FRANKLIN INDIA SMALLER COMPANIES FUND -- GROWTH | Rs 1,90,000. Present value: Rs 2,68,171 |
| 4. HDFC MIDCAP OPPORTUNITIES FUND -- GROWTH, REGULAR PLAN | Rs 2,50,000. Present value: 3,77,199 |
| 5. ICICI PRUDENTIAL EQUITY AND DEBT FUND -- GROWTH | Rs 35,000. Present value: Rs 49,452 |
| 6. NIPPON INDIA LARGE CAP FUND -- GROWTH PLAN, GROWTH OPTION | Rs 2,67,000. Present value: Rs 3,38,377 |
Omkeshwar Singh: In SIPs, please continue with 2, 3, 4, 5 and 6.
In lumpsum, please continue with 2, 4 and 5. You may consider the below for the rest.
| Axis ESG Equity Fund -- Growth |
| Motilal Oswal Focused 25 fund -- Growth |
| UTI Flexi Cap Fund -- Growth |
Tahir Khan: I have been investing in MFs since 2014. Please take a look at my portfolio and let me know if it is correct.
| 1. ABSL Frontline Equity Fund -- Growth |
| 2. Axis Flexi Cap Fund |
| 3. Axis Long Term Equity Fund |
| 4. Canara Robeco Emerging Fund |
| 5. Franklin India Smaller Fund |
| 6. HDFC Midcap Opportunities Fund |
| 7. ICICI Bluechip Opportunities Fund |
| 8. ICICI Prudential Value Discovery Fund |
| 9. Mirae Asset Emerging Bluechip Fund |
| 10. Motilal Oswal Flexi Cap Fund |
| 11. Nippon India Small Cap Fund |
| 12. Nippon India Tax Saver Fund |
Omkeshwar Singh: You may continue with 2, 3, 4, 6, 8, 9, 10 and 11.
Selvam Subramanian Basha: I am holding the following mutual funds. Request your view on this and suggestions on alternate funds.
| Fund Name | Investment per month | Total value as of today | % Return |
| Axis Bluechip Fund | Rs 2,000 | Rs 17,686 | 10.54% |
| Axis Long Term Equity Fund | Rs 5,500 | Rs 1,63,783 | 35.92% |
| Mirae Asset Emerging Bluechip Fund | Rs 7,500 | Rs 2,49,768 | 49.36% |
| Tata Equity PE Fund | Rs 3,000 | Rs 1,86,708 | 32.53% |
| AB SL India GenNext Fund | Rs 4,000 | Rs 3,83,484 | 49.22% |
| SBI Blue Chip Fund | Rs 3,000 | Rs 1,29,790 | 39.56% |
| Total: Rs 25,000 |
Omkeshwar Singh: These are decent funds, please continue.
Sanjeev Agrawal: I wish to invest with a horizon of 10 years in mutual funds. I wish to invest Rs 10,000 per month to create wealth. I also want to invest in good gold funds.
Is it good to invest in index funds?
Please advise which funds I should invest in.
Omkeshwar Singh: Index funds are decent. You may consider:
| UTI NIFTY INDEX FUND -- GROWTH |
| HDFC INDEX FUND -- SENSEX PLAN, GROWTH |
Tarak Buch: I am 39.
Besides the below SIPs, I have 2 PPF accounts and 1 Sukanya, Rs 36,500.
Is this okay to get moderate income?
Please revert.
| MF SIP started in 2020 | Per month |
| ICICI Prudential Pharma Healthcare and Diagnostics -- D | Rs 5,000 |
| ICICI Prudential ESG -- D | Rs 2,500 |
| Sundaram Bluechip -- D | Rs 2,500 |
| Principal Large Cap -- D | Rs 2,500 |
Omkeshwar Singh: You may continue.
Sarvotham Salvankar: I am investing through monthly SIP @ Rs 5,500 since the last 10 years in the following MFs.
Please suggest whether the same portfolio may be continued or any changes are required.
| 1. SBI Contra Fund Regular Plan -- Dividend |
| 2. SBI Contra Fund Regular Plan -- Growth |
| 3. SBI Equity Hybrid Fund Regular -- Growth |
| 4. SBI Focused Equity Fund Regular -- Dividend |
| 5. SBI Focused Equity Fund Regular -- Growth |
| 6. SBI Magnum Global Fund Regular Plan -- Growth |
Omkeshwar Singh: You may continue with 2, 3, 5 and 6.
Pavan Kumar: Hope you are doing well.
I am 38 years old and would like your advice on investing in MFs that give a good return in 3-5 years. I can invest around Rs 2 lakh lumpsum.
Omkeshwar Singh: You may consider:
| Axis ESG Equity Fund -- Growth |
| Canara Robeco Equity Hybrid Fund -- Growth |
Rajendra Singh: I am not so much into MFs but started investing around 1.5 yrs back in the below funds.
Being a middle class person and having two kids (8 years and 2 years), I am planning to invest a bit more and have some decent amount after 10-15 years.
Please suggest one or two good MFs in which I can start investing. Also suggest any changes that I need to make in my present portfolio -- like increase, decrease or stop.
| Parag Parikh Flexi Cap (G) | Rs 1,500 per month |
| ICICI Pru Multicap (G) | Rs 1,000 per month |
| DSP Ultra Short (G) | Rs 1,000 per month |
Omkeshwar Singh: The above funds are fine presently. Additionally, you may look at:
| Axis ESG Equity Fund -- Growth |
| Motilal Oswal Focused 25 Fund -- Growth |
Shubham Khandelwal: Till now I have invested around Rs 6 lakhs in Axis Long Term Equity -- Direct Growth and DSP Tax Saver funds over the past four years for tax saving and investment purpose.
Now I want to invest Rs 5 lakhs lumpsum for good returns.
Please suggest some funds for the same.
Omkeshwar Singh: It's better to stagger your investment into 12 months. Here are a few funds that may be considered.
| Axis ESG Equity Fund -- Growth |
| Motilal Oswal Focused 25 Fund -- Growth |
| UTI Flexi Cap Fund -- Growth |
| ICICI US Bluechip Fund -- Growth |
Nirmalaya Chatterjee: I am having MF investments of about Rs 43K per month and wish to invest Rs 20K more from next month.
Please suggest suitable MFs so that I can create the maximum corpus by retirement.
At present, I have invested in:
| AB Sun Life Frontline Equity Fund -- Growth |
| HDFC Mid-Cap Opportunities Fund -- Regular Plan, Growth |
| ICICI Prudential Banking and Financial Services |
| ICICI Prudential Bluechip Fund -- Growth |
| Kotak Flexicap Fund -- Growth |
| Mirae Asset Large Cap Fund -- Growth |
| Nippon Large Cap Fund -- Growth |
| SBI Blue Chip Fund -- Regular Plan, Growth |
Omkeshwar Singh: You may continue with 2, 4, 5, 6 and 8.
Bhupinder Singh Dhanjal: I am 69 years old and have started investing for the last couple of years.
Please check and let me know if my investments are on the right track.
I intend to carry on with investment for another two years.
Looking forward to your advice.
SIP since July 2018
| 1. Nippon India Small Cap fund (G) | Rs 50K |
| 2. ICICI Pru Bluechip Fund (G) | Rs 1 lakh |
| 3. ICICI Pru Multicap Fund (G) | Rs 50K |
| 4. ICICI Pru Multi-Asset fund (G) | Rs 50K |
| 5. Kotak Equity Opportunities Fund -- Regular Plan | Rs 30K |
| 6. Kotak Flexi Cap -- Regular Plan | Rs 30K |
| 7. Axis Focused | Rs 25K-30K |
| 8. Aditya Birla Sun Life Frontline Equity Fund | Rs 30K |
| 9. HDFC Capital Builder Value Fund | Rs 20K |
| 10. Tata Equity PE Fund -- Regular Plan, G | Rs 60K |
| Total value is around | Rs 2 crores |
Omkeshwar Singh: You may continue with 1, 2, 5, 6, 7 and 10.
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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