Wondering if you did the right thing with your mutual fund investments?
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
Dilip B Gurnani: Dear Sir, I have a portfolio comprising the following MFs. Since the number of MFs is more it is difficult to handle this portfolio. I intend to keep it limited to only 4 or 5 MFs. Kindly advise the best MFs for a period of 4 to 5 years and monthly contribution Rs 30,000 as I will be retiring after 4 years. Portfolio: SIPs
| Funds | Category |
| 1] Canara Robeco Emerging Equities Reg G | Large & Mid cap |
| 2] Franklin Templeton India Focused Equity Fund Reg G | Focused |
| 3] ICICI Prudential Value Discovery Reg G | Value |
| 4] Kotak Standard Multicap Fund Reg G | Multicap |
| 5] Nippon India Small Cap Reg G | Small cap |
| 6] SBI Bluechip Reg G | Large cap |
| 7] Tata Hybrid Equity Fund Reg G | Agg /hybrid |
| 9] SBI Contra, Direct | Contra |
| 10] UTI Opportunities fund, Direct | Value |
| 11] L&T Mid Cap fund , Direct | Midcap |
| 12] Nippon India Liquid Fund, Direct | Liquid |
| 13] SBI Dynamic bond fund, Direct | Dynamic |
| 8] UTI Mid Cap Reg G | Midcap |
Omkeshwar Singh:
Large cap: Suitable options considering quality and value for money at present levels is Mirae Asset Large Cap Fund
Large and Midcap: Suitable options considering quality and value for money at present levels is Kotak Equity Opportunity
Multicap: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Mid cap: Suitable options considering quality and value for money at present levels are:
Bhaskar Beley: Dear Sir, how is HDFC Balanced Advantage Fund monthly dividend plan? After 12 months whether we will get our principal amount invested back?
Omkeshwar Singh:
Arvind: I have been investing in Franklin India Equity fund direct growth for last three years. Please suggest if I should continue investing in same or shift to some other scheme namely Kotak Multicap Fund Growth?
Omkeshwar Singh: Franklin India Equity fund is a multicap fund and is 3 star fund , the category best 5 star funds are UTI Equity fund and Axis Multicap funds.
Wilson Dsouza: I have invested in mutual funds to the tune of Rs 4 lakh in the last 3 years. All the funds I hold are SIPs amounting to Rs 10,000 each. These funds have not generated profits or met my expectations with their desired outcome. I don't claim to be in loss, but these funds have not performed or accelerated as promised by these fund managers. Could you please guide me in investing in the right funds? I'm not a professional or expert in investments, just a working class 56 years old layman. Looking to retire with savings for the rainy day. I hold online ICICI Direct account. My MF SIPs:
| Fund | Category |
| ADITYA BIRLA SUN LIFE FRONTLINE EQUITY FUND – GROWTH Rs 10,000 SIP | Large Cap |
| ICICI PRUDENTIAL BLUECHIP FUND – GROWTH Rs 10,000 SIP | Large Cap |
| Mirae Asset Large Cap Fund Growth Plan Rs 10,000 SIP | Large Cap |
| SBI BLUE CHIP FUND - REGULAR PLAN – GROWTH Rs 10,000 SIP | Large Cap |
| EDELWEISS MID CAP FUND - REGULAR PLAN - GROWTH OPTION Rs 10,000 SIP | Midcap |
| LNT Mid Cap Fund-Regular Plan-Growth Rs 10,000 SIP | Midcap |
Omkeshwar Singh: Most of the top rated performing large cap and large & mid cap funds now at present market levels have very low value for money, therefore better options available are:
Large cap: Suitable options considering quality and value for money at present levels is Mirae Asset Large Cap Fund
Large and Midcap: Suitable options considering quality and value for money at present levels is Kotak Equity Opportunity
Multicap: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Mid cap: Suitable options considering quality and value for money at present levels are:
Vikas: Would really appreciate if you can get the below query answered: I have a monthly SIP in the below funds for last five years. Wanted your advice if I should make any changes in my portfolio:
Omkeshwar Singh: Large cap: Suitable options considering quality and value for money at present levels is Mirae Asset Large Cap Fund
Large and Midcap: Suitable options considering quality and value for money at present levels is Kotak Equity Opportunity
Mid cap: Suitable options considering quality and value for money at present levels are:
Multicap: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Small cap: Suitable options considering quality and value for money at present levels are:
Ather Masood: Dear Sir, Greetings! I have the following on going SIPS. Kindly advise me if I should continue or switch.
| Ather Masood | |
| Name of the Fund | Category |
| Axis BluechipFund | Equity - Large Cap Fund |
| Kotak Focused Equity Fund | Equity - Focused Fund |
| Kotak Standard MultiCap Fund | Equity - Multi Cap Fund |
| L&T Emerging Business Fund | Equity - Small cap Fund |
| SBI SmallCap Fund | Equity - Small cap Fund |
Omkeshwar Singh:
Large cap: Suitable options considering quality and value for money at present levels is Mirae Asset Large Cap Fund
Multicap: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Small cap: Suitable options considering quality and value for money at present levels are:
Nandkumar Patil: Details of my mutual fund portfolio are as under. Kindly advise on above mutual fund schemes as well as on consolidating the portfolio with maximum of 7 funds.
| Name of the Fund | Category |
| Axis Blue Chip Mutual Fund | Equity - Large Cap Fund |
| Axis Midcap Fund Growth | Equity - Mid Cap Fund |
| Canara Robeco Equity Diversified Fund Regular Growth | Equity - Multi Cap Fund |
| DSP Small Cap Fund Regular GRowth | Equity - Small cap Fund |
| HDFC Mid cap opportunities Fund Growth | Equity - Mid Cap Fund |
| ICICI Prudential Exports and Services Fund Growth | Equity - Sectoral Fund - Service Industry |
| IDFC Multi cap Fund Regular Growth | Equity - Multi Cap Fund |
| L&T Equity Fund Regular Growth | Equity - Multi Cap Fund |
| L&T India Value Fund Regular Growth | Equity - Value Fund |
| Nippon India Multicap Fund | Equity - Multi Cap Fund |
| SBI Blue Chip Fund | Equity - Large Cap Fund |
| SBI Consumption opportunities Fund Regular Growth | Equity - Sectoral Fund - FMCG |
| SBI Focussed Equity Fund Regular Growth | Equity - Focused Fund |
Omkeshwar Singh:
Large cap: Suitable options considering quality and value for money at present levels is Mirae Asset Large Cap Fund
Large and Midcap: Suitable options considering quality and value for money at present levels is Kotak Equity Opportunity
Mid cap: Suitable options considering quality and value for money at present levels are:
Multicap: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Small cap: Suitable options considering quality and value for money at present levels are:
SUNILKUMAR TV: Dear Sir, I am holding below list of mutual funds through SIP of Rs 5000 per month for past 2 years. Please let me know if any changes in portfolio. I have a time horizon of 10 years and my age is 43 years.
| Name of the Fund | Category |
| MIRAE ASSET EQUITY FUND | Equity Large Cap |
| MIRAE ASSET EMERGING BLUECHIP FUND | Equity - Large & Mid Cap Fund |
| SBI SMALL CAP FUND | Equity - Small cap Fund |
| DSP EQUITY OPPORTUNITIES FUND | Equity - Large & Mid Cap Fund |
| L&T HYBRID EQUITY FUND | Hybrid - Aggressive Hybrid Fund |
Omkeshwar Singh: Large cap: Suitable options considering quality and value for money at present levels is Mirae Asset Large Cap Fund
Large and Midcap: Suitable options considering quality and value for money at present levels is Kotak Equity Opportunity
Small cap: Suitable options considering quality and value for money at present levels are:
Below categories of funds can also to considered:
Multicap: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Mid cap: Suitable options considering quality and value for money at present levels are:
Srinivasa Seshadry: Dear Sir, I have been investing on the below funds thru SIPs. Of late NAVs have tumbled. Please suggest what should I do? I am 46 years and have been investing for about a year now. Please share your thoughts.
| Name of the Fund | Category |
| ABSL pure value fund growth | Equity - Value Fund |
| CanaraRobeco emerging equities regular growth | Equity - Large & Mid Cap Fund |
| Franklin India equity Advantage fund direct growth | Equity - Large & Mid Cap Fund |
| L&T emerging business fund direct growth | Equity - Small cap Fund |
Omkeshwar Singh:
Large and Midcap: Suitable options considering quality and value for money at present levels is Kotak Equity Opportunity
Small cap:Suitable options considering quality and value for money at present levels are:
Value Fund:Suitable options considering quality and value for money at present levels is Tata Equity PE Fund
Vishnu Karthik: Have been investing (monthly Rs 3000) in the below funds from 2016 and is not performing well. Please advise alternate options. Can I pause the SIPs for few months? Can I switch to other plans with the same company?
| Name of the Fund | Category |
| FRANKLIN INDIA SMALLER COMPANIES FUND | Equity - Small cap Fund |
| ICICI PRUDENTIAL VALUE DISCOVERY GROWTH | Equity - Value Fund |
| KOTAK STANDARD MULTICAP FUND - REGULAR PLAN | Equity - Multi Cap Fund |
| CANARA ROBECCO EMERGING EQUITIES | Equity - Large & Mid Cap Fund |
Omkeshwar Singh:
Large and Midcap: Suitable options considering quality and value for money at present levels is Kotak Equity Opportunity
Small cap: Suitable options considering quality and value for money at present levels are:
Value Fund: Suitable options considering quality and value for money at present levels is Tata Equity PE Fund
Multicap: Suitable options considering quality and value for money at present levels are:
SUNIL KUMAR SUREKA: FROM KOLKATA AGED ABOUT 45 YEARS. I AM INVESTING Rs 4000 PER MONTH IN 4 MUTUAL FUNDS, EACH Rs 1000. THE DETAILS OF MY SCHEMES IS GIVEN BELOW. KINDLY SUGGEST, WHETHER I SHALL CONTINUE WITH THESE FUND OR NOT? IF NO, THEN SUGGEST ME THE BEST MUTUAL FUND SCHEME:
| Name of the Fund | Category |
| ICICI PRU VALUE DISCOVERY FUND GROWTH | Equity - Value Fund |
| L&T EMERGING BUSINESS FUND REG. GROWTH | Equity - Small cap Fund |
| MOTILAL OSWAL LONG TERM EQUITY FUND REG. GROWTH | Equity - ELSS |
| TATA BANKING & FINANCIAL SERVICES FUND REGULAR GROWTH | Equity - Sectoral Fund - Banks & Financial Services |
Omkeshwar Singh:
Small cap: Suitable options considering quality and value for money at present levels are:
Value Fund:Suitable options considering quality and value for money at present levels is Tata Equity PE Fund
ELSS:Suitable options considering quality and value for money at present levels are:
Equity - Sectoral Fund - Banks & Financial Services is not advisable presently; instead below categories should be considered:
Multicap: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Mid cap: Suitable options considering quality and value for money at present levels are:
Manish Mahajan: I am 41 year old and have following SIP allocations. Can you please provide your opinion on the allocation? All are direct plan growth option.
| Name of the Fund | Category |
| HDFC TOP100 Fund | Equity - Large Cap Fund |
| HDFC BALANCED ADVANTAGE FUND | Hybrid - Balanced Advantage |
| MIRAE ASSET INDIA EQUITY FUND | Large cap |
| SBI BLUECHIP FUND | Equity - Large Cap Fund |
| DSP BLACKROCK FOCUS 25 | Equity - Focused Fund |
| HDFC TAX SAVER | Equity - ELSS |
| RELIANCE TAX SAVER | Equity - ELSS |
| HDFC MID CAP OPPORTUNITY | Equity - Mid Cap Fund |
| SBI EMERGING BUSINESS | Focused Fund |
| RELIANCE SMALL CAP | Equity - Small cap Fund |
Omkeshwar Singh:
Large cap: Suitable options considering quality and value for money at present levels is Mirae Asset Large Cap Fund
Large and Midcap: Suitable options considering quality and value for money at present levels is Kotak Equity Opportunity
Mid cap: Suitable options considering quality and value for money at present levels are:
ELSS: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Small cap: Suitable options considering quality and value for money at present levels are:
Yogesh: I have a query regarding following two mutual funds in which I have invested through SIPs:
| Name of the Fund | Category |
| L & T Emerging Business Fund (Gr) | Equity - Small cap Fund |
| DSP Small Cap Mutual Fund | Equity - Small cap Fund |
Shall I for buy, sell or hold the above investment and continue to invest through SIPs?
Omkeshwar Singh:
Small cap:Suitable options considering quality and value for money at present levels are:
Ashutosh: My age is 47 and remaining service is 13 years. I am also contributing to NPS both for myself and wife with Rs 50,000 annual contribution each. I have two children: one is doing 2nd year B.Arch & other one is in 9th Std. I am having investments in following mutual funds for last 3-4 years, which are not performing well. All SIPs of Rs 5000 pm. What should I do?
| Aditya Birla Sunlife Equity Advantage Fund-Growth-Regular Plan | Equity - Large & Mid Cap Fund |
| ICICI Prudential Banking and Financial Services Fund-Growth | Equity - Sectoral Fund - Banks & Financial Services |
| IDFC Sterling Value Fund-Growth | Equity - Value Fund |
| Reliance Small Cap Fund –Growth | Equity - Small cap Fund |
| Tata Equity P/E Fund Regular Plan Growth | Equity - Value Fund |
| Aditya Birla Sunlife Tax Relief 96 Fund - Growth-Regular Plan | Equity - ELSS |
| Franklin India Focussed Equity Fund –Growth | Equity - Focused Fund |
| HDFC Mid Cap opportunity Fund -Regular Plan- Growth | Equity - Mid Cap Fund |
Omkeshwar Singh:
Value Fund: Suitable options considering quality and value for money at present levels is Tata Equity PE Fund
Large and Midcap: Suitable options considering quality and value for money at present levels is Kotak Equity Opportunity
Mid cap: Suitable options considering quality and value for money at present levels are:
ELSS: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Small cap: Suitable options considering quality and value for money at present levels are:
Equity - Sectoral Fund Banks & Financial Services are not advisable presently; instead below categories should be considered:
Multicap: Suitable options considering quality and value for money at present levels are:
Awij A R Shaikh: Respected Sir, Very first thanks for your platform. From Sept 2018, I started investing in mutual fund and my portfolio is given below. I am single earning person in my family and I have 3 year old daughter. So, as per her education and further responsibilities point of view are these funds sufficient and should I continue with these or not? Also my planning is to invest Rs 5000/month more, so please suggest some funds.
| Name of the Fund | Category |
| ABSL Tax relief 96 Fund- Direct Growth | Equity - ELSS |
| LnT Tax advantage Fund- Direct Growth | Equity - ELSS |
| IDFC Tax Advantage Fund - Direct Growth | Equity - ELSS |
Omkeshwar Singh: ELSS: Suitable options considering quality and value for money at present levels are:
Suggested categories and funds are as under:
Multicap: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Mid cap: Suitable options considering quality and value for money at present levels are:
Amit: Dear Sir, I have invested in L&T Mutual Fund Emerging Business Fund Growth since two year but is not performing. Shall I keep investing in this MF or withdraw the money? I am investing Rs 2500 per month SIP. Looking forward to hear from you.
| Name of the Fund | Category |
| L&T Mutual Fund Emerging Business Fund Growth | Equity - Small cap Fund |
Omkeshwar Singh: Small cap: Suitable options considering quality and value for money at present levels are:
Suggested categories and funds are as under:
Multicap: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Mid cap: Suitable options considering quality and value for money at present levels are:
Pragnesh: I am investing in following mutual funds for the past 3 years: My queries:
My investments:
| Name of the Fund | Category |
| Aditya Birla SunlifeFrontline Equity Fund - Regular growth | Equity - Large Cap Fund |
| IDFC MulticapFund - Regular Growth | Equity - Multi Cap Fund |
| L&T Emerging Business Fund - Regular Growth | Equity - Small cap Fund |
| SundaramMidcap Fund - Regular Growth | Equity - Mid Cap Fund |
Omkeshwar Singh:
Large cap: Suitable options considering quality and value for money at present levels is Mirae Asset Large Cap Fund
Multicap: Suitable options considering quality and value for money at present levels are:
Mid cap: Suitable options considering quality and value for money at present levels are:
Small cap: Suitable options considering quality and value for money at present levels are:
Azad: Please advise about the prospect of thee mutual fund schemes. I have invested in them since 3-5 years; returns are not that great.
| Name of the Fund | Category |
| HDFC MID-CAP OPPORTUNITIES FUND - REGULAR PLAN – GROWTH | Equity - Mid Cap Fund |
| Franklin India Smaller Companies Fund GROWTH | Equity - Small cap Fund |
| LNT India Value Fund-Regular Plan-Growth Option | Equity - Value Fund |
| ICICI PRUDENTIAL BLUECHIP FUND-GROWTH | Equity - Large Cap Fund |
Omkeshwar Singh:
Large cap: Suitable options considering quality and value for money at present levels is Mirae Asset Large Cap Fund
Value Fund: Suitable options considering quality and value for money at present levels is Tata Equity PE Fund
Mid cap: Suitable options considering quality and value for money at present levels are:
Small cap: Suitable options considering quality and value for money at present levels are:
Srinivas: Sir, my present holdings statement is given below. Kindly analyse and suggest whether I can continue to invest in the said MFs or any adjustment is required. Time for which I plan to hold these are around 4-5 years from now for children’s education / buying house. I am 45 now and serving in PSU at mid-level management. Kindly suggest the better option out of investing in regular funds through direct plans.
| Name of the Fund | Category |
| Axis Blue chip | Equity - Large Cap Fund |
| Axis mid cap | Equity - Mid Cap Fund |
| HDFC Small CAP | Equity - Small cap Fund |
| SBI Focussed Equity | Equity - Focused Fund |
| CanaraRobecoEmergingEq | Equity - Large & Mid Cap Fund |
| Mirae Asset Mid cap | Equity - Mid Cap Fund |
| Kotak Standard-Multi Cap | Equity - Multi Cap Fund |
| SBI Focussed | Equity - Focused Fund |
| Franklin India focussed | Equity - Focused Fund |
| Nippon-Large Cap | Equity - Large Cap Fund |
| Nippon Small Cap | Equity - Small cap Fund |
| KotakStdMulticap | Equity - Multi Cap Fund |
| ICICI Pru Banking and Financial services | Equity - Sectoral Fund - Banks & Financial Services |
| ICICI Pru Technology Fund | Equity - Sectoral Fund - TECk |
| Mirae Asset Large cap | Equity - Large Cap Fund |
| Mirae Asset Midcap | Equity - Mid Cap Fund |
| BNP Paribas Large cap | Equity - Large Cap Fund |
| BNP Paribas Multi cap | Equity - Multi Cap Fund |
| Axis Blue chip | Equity - Large Cap Fund |
| Axis Midcap | Equity - Mid Cap Fund |
| BNP Paribas Substantial Eq Hybrid | Hybrid - Aggressive Hybrid Fund |
Omkeshwar Singh:
Large cap: Suitable options considering quality and value for money at present levels is Mirae Asset Large Cap Fund
Large and Midcap: Suitable options considering quality and value for money at present levels is Kotak Equity Opportunity
Mid cap: Suitable options considering quality and value for money at present levels are:
Multicap: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Small cap: Suitable options considering quality and value for money at present levels are:
Rajan D: Dear sir, I have invested in Franklin India Opportunity Fund Growth and HDFC Growth Opportunity Fund Growth for last ten years. Shall I continue or shift to other fund?
| Name of the Fund | Category |
| Franklin India Opportunity Fund Growth | Equity - Thematic Fund - Other |
| HDFC Growth Opportunity Fund Growth | Equity - Large & Mid Cap Fund |
Omkeshwar Singh:
Equity - Thematic Fund - Other is not advisable presently; instead multicap of focused funds are better options:
Multicap: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Large and Midcap: Suitable options considering quality and value for money at present levels is Kotak Equity Opportunity
Dharamveer Singh: Kindly find the details of my holding in the following mutual funds, starting from 2016. As on date I am having the average return of around 4.17 per cent, which is very low compared to normal investment. How shall I go about it?
| Name of the Fund | Category |
| AdityaBSL Pure Value (G) | Equity - Value Fund |
| AdityaBSLSmallCap (G) | Equity - Small cap Fund |
| AdityaBSL TaxRelie96 (G) | Equity - ELSS |
| DSP Focus (G) | Equity - Focused Fund |
| DSP Mid Cap (G) | Equity - Mid Cap Fund |
| DSP Small-Cap (G) | Equity - Small cap Fund |
| Indiabulls Blue Chip (G) | Equity - Large Cap Fund |
| MiraeAssetEmBlue (G) | Equity - Large & Mid Cap Fund |
| NIPPON INDIA Small Cap (G) | Equity - Small cap Fund |
| SBI Small Cap (G) | Equity - Small cap Fund |
| Sundaram Mid Cap (G) | Equity - Mid Cap Fund |
| Tata EquityP/E RP (G) | Equity - Value Fund |
| AdityaBSL Pure Value (G) | Equity - Value Fund |
| Axis LongTermEquity (G) | Equity - ELSS |
| KotakEmergingEquity (G) | Equity - Mid Cap Fund |
| Sundaram Mid Cap (G) | Equity - Mid Cap Fund |
| SundaramRural & Con (G) | Equity - Thematic Fund - Other |
| Tata EquityP/E RP (G) | Equity - Value Fund |
| AdityaBSL TaxRelie96 (G) | Equity - ELSS |
| NIPPON INDIA Small Cap (G) | Equity - Small cap Fund |
Omkeshwar Singh:
Large cap: Suitable options considering quality and value for money at present levels is Mirae Asset Large Cap Fund
Large and Midcap: Suitable options considering quality and value for money at present levels is Kotak Equity Opportunity
ELSS: Suitable options considering quality and value for money at present levels are:
Mid cap: Suitable options considering quality and value for money at present levels are:
Multicap: Suitable options considering quality and value for money at present levels are:
Focused: Suitable options considering quality and value for money at present levels are:
Small cap: Suitable options considering quality and value for money at present levels are:
Equity - Thematic Fund - Other – Sundaram Rural & Con to be continued
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