'I want to invest Rs 25 lakhs for my children's education. I want to also invest Rs 50K per month in MFs regularly from now. Can you please guide?'
Omkeshwar Singh, head, Rank MF (external link), a mutual fund investment platform, answers your queries:
Vijay Wandre: I am 41 and working in a private organisation. I have started investing in MFs since the last three years.
Please find below my investment portfolio. Request your valuable advice.
| Product Name | SIP/PM | Purchase Value |
| 1. Axis Flexi Cap Fund Regular Growth | Rs 2,000 | Rs 87,000 |
| 2. Aditya Birla Sun Life Equity Fund Regular Growth | Rs 2,000 | Rs 87,000 |
| 3. HDFC Mid-Cap Opportunities Fund Regular Growth | Rs 2,000 | Rs 87,000 |
| 4. Nippon India Small Cap Fund, Regular Growth | Rs 2,000 | Rs 92,000 |
| 5. ICICI Prudential Value Discovery Fund, Regular Growth | Rs 2,000 | Rs 87,000 |
| 6. HDFC Low Duration Fund, Growth (formerly HDFC Cash Management Fund -- Treasury Advantage Plan) | Rs 5,000 | Rs 20,000 |
| 7. HRERP/Retirement Savings Equity Regular GR | Rs 5,000 | Rs 20,000 |
| 8. Kotak Flexi Cap Fund, (G) Regular | Rs 1,300 | Rs 27,300 |
| 9. Aditya Birla Sun Life Pure Value Fund, Regular Growth | Rs 1,200 | Rs 18,000 |
| 10. L&T Midcap Fund, (G) | Rs 1,200 | Rs 25,200 |
| 11. Franklin India Feeder Franklin US Opportunities Fund, (G) | Rs 1,300 | Rs 7,200 |
| Product Name | Purchase Value |
| 1. SBI Flexicap Fund-Dir Gr | Rs 20,000 |
| 2. SBI Large & Midcap Fund Direct Gr (formerly SBI Magnum Multiplier Fund) | Rs 20,000 |
| 3. SBI Magnum MidCap Dir Fund-G | Rs 20,000 |
| 4. SBI Blue Chip Fund -- Direct Plan, Growth | Rs 5,000 |
| SBI Magnum Constant Maturity Fund Direct Growth | Rs 5,000 |
Omkeshwar Singh: Too many funds; please continue with 1, 3, 4, 5 and 11.
Keep the lumpsums invested.
Dr Munish Mehta: I am having SIPs in the following mutual funds. Time horizon is the next five years. Kindly suggest.
| Mirae Asset Emerging Bluechip Fund Direct Growth | Rs 2,500 |
| SBI Bluechip Fund Direct Growth | Rs 5,000 |
| Axis Bluechip Fund Direct Growth | Rs 5,000 |
| SBI Focussed Equity Fund Direct Growth | Lumpsum Rs 60,000 |
| SBI Equity Hybrid Fund Direct Growth | Lumpsum Rs 10,000 |
Omkeshwar Singh: Please continue.
Narendra Babu: Thanks for sharing your insights and analysis.
I am a 42 male with two kids -- the younger one is three years old and the older one is nine.
I have Rs 25 lakhs to invest for their education. I have never invested in MF or stocks till now.
I want to also invest Rs 50k per month in MFs regularly from now.
Can you please guide?
Omkeshwar Singh: You may consider SIPs of Rs 12.5K each in the in below funds.
| Axis ESG Equity Fund -- Growth |
| Motilal Oswal Focused 25 Fund -- Growth |
| UTI Flexi Cap Fund -- Growth |
| ICICI US Bluechip Fund -- Growth |
Arindam Das: I have the following funds with me since 2019.
Please give your opinion: should I hold all this SIP funds? I am 44 years old and I want to make Rs 1 crore in 15 years.
I also want to invest Rs 2,000 more every month.
Please guide me. Thanks in advance.
| Axis Focussed 25 Fund (G) | Rs 1,000 |
| BNP Paribas India Consumption Fund -- Regular Growth | Rs 1,000 |
| Canara Robeco Flexi Cap Fund -- Regular plan Growth | Rs 1,000 |
| CanaraRob Equity Tax Saver (G) | Rs 1,000 |
| InvescoIndia Tax Plan (G) | Rs 1,000 |
| Kotak Taxsaver (G) | Rs 1,000 |
| Mirae Asset Focussed (G) | Rs 1,000 |
Omkeshwar Singh: You may continue with 1, 3, 4, 5, 6 and 7. However, you have too many ELSS funds.
Axis ESG Equity Fund - Growth can be considered for further investment.
Amarjeet: I am 38 and I have not invested anything in SIP or in shares till now. But I can start investing Rs 40k to Rs 50k per month in SIP from next month for the next five years.
I like the high risk profile because it has high potential.
Could you please suggest me breakage and SIP funds to create a portfolio?
Omkeshwar Singh: You may equally invest in the below funds:
| Axis ESG Equity Fund - Growth |
| Motilal Oswal Focused 25 fund - Growth |
| UTI Flexi Cap Fund - Growth |
| ICICI US Bluechip Fund - Growth |
Sandhya Sankar: I am 45 years old. I have not done any investment yet. Can you please guide how I can start? I can invest upto Rs 5,000 monthly.
Omkeshwar Singh: You may start with Axis ESG Equity Fund - Growth.
KK: Please provide your guidance to consolidate my portfolio to achieve goal of retirement corpus of Rs 2 cr.
I am currently investing a SIP of Rs 64,000 per month in the following funds from June 2020. My age is 46 years. I plan to work for another 9 years.
| 1. Axis Bluechip Direct G | Rs 3,000 |
| 2. Axis Focused 25 Direct Growth | Rs 3,000 |
| 3. Axis Midcap Direct G | Rs 2,000 |
| 4. AXIS Small Cap Direct fund G | Rs 2,000 |
| 5. HDFC Gold Fund Direct Growth | Rs 5,000 |
| 6. ICICI Pru Discovery Direct Growth | Rs 5,000 |
| 7. ICICI Pru US Bluchip Direct Growth | Rs 5,000 |
| 8. Kotak Emerging Equity Direct Growth | Rs 3,000 |
| 9. Kotak Flexicap Direct Growth | Rs 3,000 |
| 10. Kotak NASDAQ 100 FOF Direct G | Rs 3,000 |
| 11. Kotak Small Cap Direct Growth | Rs 2,000 |
| 12. L&T Hybrid Equity Direct Growth | Rs 3,000 |
| 13. L&T MidCap Fund Direct Growth | Rs 2,000 |
| 14. L&T Nifty Next 50 Index Fund Direct G | Rs 5,000 |
| 15. L&T Value Fund Direct Growth | Rs 3,000 |
| 16. Mirae Asset Emerging Bluechip Direct G | Rs 2,500 |
| 17. Mirae Asset Large Cap Direct G | Rs 2,500 |
| 18. SBI Equity Hybrid Regular Growth | Rs 5,000 |
| 19. SBI Focused Direct Plan | Rs 3,000 |
| 20 SBI Multi Asset Fund Direct Growth | Rs 2,000 |
Omkeshwar Singh: You may continue with 1, 2, 3, 4, 7, 16 and 20.
Ajay: I am investing Rs 6,000 per month in Nippon Small Cap Fund Growth, DSP Tax Saver Fund, SBI Healthcare Opportunities Fund Growth and Tata Equities P/E Fund Growth since the last three years. Will it help me reach Rs 1 crore by 2025?
Omkeshwar Singh: The funds are fine. To reach a corpus of Rs 1 crore in seven years, the required monthly investment has to be nearly Rs 75,000 per month.
Kartik Xalxo: I am Kartik Xalxo, 40 years old and I am looking to invest 16k every month (4k per SIP) with a horizon of 10 years.
Currently, I am investing in the following funds. I started just three months ago. Kindly suggest if I should continue or change anything.
| SBI Small Cap (G) | Rs 3,000 |
| Tata Digital India Fund (G) | Rs 3,000 |
| PGIM India Midcap Opportunities Fund (G) | Rs 3,000 |
| PGIM India Global Equity Opportunities Fund (G) | Rs 3,000 |
Omkeshwar Singh: Please continue.
Alok Sharma: I am 35 years old and currently investing Rs 16K in different MFs as below.
I started my investment one year ago and want to invest for 15 more years.
The above funds are all invested for 5-6 years currently. Shall I increase the amount in any of the funds? Shall I include any other fund or remove any? Shall I consider any debt fund?
| Aditya Birla (Tax Saver) | Rs 2,000 |
| Axis Long Term Equity (Tax Saver) | Rs 3,000 |
| Axis Bluechip | Rs 1,500 |
| Axis Midcap | Rs 1,500 |
| Mirae Asset Emerging Bluechip | Rs 3,000 |
| Parag Parikh Flexicap | Rs 3,000 |
| Nippon India Index Fund Sensex Plan | Rs 2,000 |
Omkeshwar Singh: Please continue. These are good funds. There's no need to make any changes.
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.