Do you have mutual fund queries?
Omkeshwar Singh, head, Rank MF, (external link) a mutual fund investment platform, answers your queries.
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.
Gaurav Khosla: I read about this service called "Ask MF Guru" in an article online. I wanted you to please review my existing portfolio & help me design it better to achieve my goals listed below.
I do realise that my portfolio is not diversified amongst asset classes. I want to start investing in Gold (SGB) on a regular basis.
I am 38year old & my risk profile is "High" for another 10 years.
Please suggest what amendments I should make & how much more I should invest to achieve my targets.
| Goals:- | ||
| Expenses | Time yrs | Amount |
| Higher Education for Daughter (she is 2) | 15 | 75,00,000 |
| Marriage of Daughter | 23 | 1,00,00,000 |
| Retirement (Myself) | 22 | 25,00,00,000 |
My current investments & savings:
| Current Investments | Monthly | Current Value | Remarks | |
| 1 | Axis Long Term Equity Fund (ELSS) (R.) | 5,000 | 1,53,000 | SIP ongoing |
| Mirae Assets Tax Saver Fund (ELSS) (R.) | 7,500 | 3,22,000 | SIP ongoing | |
| Quant Active Fund (Flexi Cap) (D.) | 5,000 | 35,000 | SIP ongoing | |
| Axis Small Cap Fund Direct-Growth (D.) | 5,000 | 25,000 | SIP ongoing | |
| Parag Parikh Flexi Cap Fund (D.) | 5,000 | 20,000 | SIP ongoing | |
| PGIM India Flexi Cap Fund (D.) | 5,000 | 24,000 | SIP ongoing | |
| Quant Active Fund (Small Cap) (D.) | 5,000 | 23,000 | SIP ongoing | |
| Axis Flexi Cap Fund (R.) | 2,500 | 88,000 | SIP ongoing | |
| Quant Tax Fund (ELSS) (D.) | 3,000 | 8,000 | SIP ongoing | |
| ICICI Prudential Long Term Equity Fund (ELSS) (R.) | 4,000 | 1,87,000 | SIP ongoing | |
| Franklin India Focused Equity (R.) | - | 2,75,000 | SIP Closed | |
| 2 | NPS | 5,000 | 75,000 | SIP on going |
| 3 | EPF (Employee Contribution) | 8,000 | 13,00,000 | On going |
| 4 | FD | - | 2,50,000 | On going |
| 5 | Stocks | 20,000 | 15,00,000 | On going |
| 6 | Cash flow for Emergency | - | 5,00,000 | On going |
| Total | 80,000 | 47,85,000 |
I appreciate your support, thank you.
Omkeshwar Singh: Kindly assign different funds for different goals.
Goal 1: Rs. 75 lakh in 15 years would require monthly investment of Rs. 12500 /-
Goal 2: Rs. 1 cr in 23 years would require a monthly investment of Rs. 5000 /-
Goal 3: Rs. 25 crs in 22 years would require a monthly investment of Rs. 1,40,000 /-
Inderpreet Singh Sethi: I am 38 and my wife is 37 years of age. We both combined earn close to Rs 1.50 lakh. I recently got to know about you. We have been investing in mutual funds since 2019, started with initial investment of Rs 7k which slowly and gradually now stand Es 21k monthly. I would like to know / understand your views on active SIPs.
Below are my goals.
Elder son’s study Rs 80 lakh to 1.20 cr year by 2034-35. Current age 7
Younger son’s study rs 1cr to 1.5 cr year by 2037-2038. Current age 3
Marriage of both sons Rs 1.20 cr b/w year 2039-2042
Retirement corpus of Rs 7.5 cr to 9 cr at the age 58.
Combined SIP portfolio:
Aditya birla sun life tax relief fund Rs 2000 Dec'18.
Kotak flexi cap fund Rs 3000 Dec'18.
Nippon india equity hybrid fund Rs 2000 Dec'18.
Edelweiss balanced advantage Rs 2000 Aug'20
Invesco India Tax Plan Rs 1000 Aug'20
Axis blue-chip fund Rs 1000 Sep'20
Tata Flexi cap fund Rs 1000 Sep'20
Axis blue-chip fund Rs 2000 Apr'21
Edelweiss small cap fund Rs 1000 Apr'21
HSBC Focused Fund Rs 2000 May'22
Nippon India US equity opportunities Rs 1000 Sep'22
NJ balanced advantage fund Rs 3000 Dec'21
NIPPON India Flexi cap fund one time investment of Rs 20k
Apart from above mentioned SIPs I have few more investments eq. NSC ( investment value Rs 2.4 lakh) low ROI since couple of years, NPS, LIC, PPF, PF, and have stated adding few stock since last 2 months Current standing is Rs 30k with Loss of Rs 2k.
Liabilities: Have taken home loan of Rs 42 lakh last month and emi of Rs 38k will be paid jointly. (60% me and 40% brother).
Request you to review and share your valuable feedback
Omkeshwar Singh: Goal 1 - 1 crs in 13 years, monthly investment required is Rs. 22500 /-
Goal 2 – 1.25 crs in 16 years, monthly investment required is Rs. 17,500 /-
Goal 3 - 1.20 crs in 20 years, monthly investment required is Rs. 9,000/-
Goal 4 – 8.25 crs in 20 years, monthly investment required is Rs. 62,500
KASHYAP PATEL: I have not invested in mutual funds yet, but I will be able to invest 10000rs per month, I am 42 years old and I want lump sum amount 1 cr at the age of my retirement. Please suggest me the list of mutual funds.
Omkeshwar Singh: The funds that can be considered are as under
Uti Flexi Cap Fund-regular -growth
Axis Esg Equity Fund -Growth
Kotak Business Cycle Fund-growth
Samco Flexi Cap Fund - Growth
Rs. 1 crs in 18 years can be created with a monthly investment of Rs. 11000
Sanjay Pai: My goal is long term 15 years and building wealth. I am 46 and have a medium to high risk profile. I Invest 3k to 5k in the following funds. Somewhere I have lost track and increased my portfolio and started investing in multiple funds (Direct and Regular). This was mainly due to switch between different fund houses. I know I messed a bit.
Let me know to exit / rebalance. All funds started in 2016. Separately I have around 10L in debt funds.
SIP and fund name - Direct MF
1. Nippon India large cap fund - 3k
2. L&T value fund growth - 3k
3. ICICI prudential bluechip - 3k
4. Mirae asset emerging blue chip - 5k
5. Axis long term equity - 3k
6. Motilal Oswal 25 fund - 3k
7. HDFC gold direct - 3k
8. ICICI prudential Pharma - 3k
9. Axis small cap growth - 5k
10. ICICI prudential US bluechip eq- 3k
11. ICICI prudential flexi cap - 3k
12. Nippon India Taiwan - 3k
13. HDFC hybrid - 5L no SIP.
Omkeshwar Singh: Continue with 4, 5, 6, 9 and 10
Regular funds:
1. Invesco India growth opportunities - 3k
2. Mirae asset large cap - 3k
3. Axis bluechip fund - 3k
4. DSP small cap - 3k
5. Sbi bluechip - 3k
6. DSP focus - 2k
7. DSP tax saver - 3k
8. HDFC index - 5k
9. Mirae asset emerging- 3k
10. ICICI prudential bluechip- 3k
11. Kotak flexicap - 2k
Omkeshwar Singh: Continue with 2, 6, 8, and 9
Dr Sunil Kumar: I am working as Assistant Professor in a reputed College of Punjab and my age is going to be 45 in November but I have not invested in Mutual Funds till date. Now, I am interested in going for a SIP of Rs 5,000 p.m. Please suggest to me the best company to do the same which gives me best return with less risk.
Omkeshwar Singh: Short term debt funds give above FD returns with less risk, all of the equity schemes are high to very high risk.
Couple of funds for shorter duration are:
1. Aditya Birla Short term fund – Growth
2. HDFC short term fund growth
Md Atheeq T: 38y, I am investing in following SIPs for the past two years and would like to have 3 Crore corpus for my retirement. I have initiated quite a few SIPs which I want to close and invest in limited as per your guidance. Kindly guide me the best funds for my requirement, thanks.
| SIPs | Current Value | Per month investment |
| Aditya Birla Sun Life Digital India Fund - G | 30000 | 2000 |
| AXIS MID CAP FUND - REGULAR - G | 16000 | 2000 |
| Axis Midcap Fund - Growth | 8000 | 1000 |
| BOI AXA MANUFACTURING & INFRASTRUCTURE FUND - DIRECT PLAN - G | 32000 | 2000 |
| DSP NATURAL RESOURCES AND NEW ENERGY FUND - REDULAR - G | 9000 | 1000 |
| ICICI PRUDENTIAL TECHNOLOGY FUND - DIRECT - G | 30000 | 2000 |
| INVESCO INDIA INFRASTRUCTURE FUND - DIRECT - G | 20000 | 2000 |
| KOTAK EMERGING EQUITY FUND - DIRECT - G | 20000 | 2000 |
| KOTAK SMALL CAP FUND - G | 15000 | 1000 |
| Mirae Asset Emerging Bluechip Fund - Growth | 8000 | 1000 |
| MIRAE ASSET HEALTHCARE FUND - REGULAR - G | 18000 | 2000 |
| PGIM INDIA MIDCAP OPPORTUNITIES FUND - G | 52000 | 3000 |
| QUANT SMALLCAP FUND - REGULAR - G | 8000 | 2000 |
| TATA DIGITAL INDIA FUND REGULAR - G | 30000 | 2000 |
| TATA ETHICAL FUND REGULAR PLAN - G | 29000 | 2000 |
| TATA RESOURCES & ENERGY FUND REGULAR PLAN - G | 22000 | 1000 |
| TAURUS ETHICAL FUND REGULAR - G | 22000 | 1000 |
| UTI MID CAP FUND - DIRECT - G | 11000 | 1000 |
TOTAL MONTHLY INVESTMENT I AM DOING IS Rs30000. PLS GUIDE.
Omkeshwar Singh: Rs. 30000 monthly invest will create a corpus of Rs. 3.9 crs in 20 years
Continue with 8, 9, 10, 12, 13 and 14
Manav: I have been following your articles rigorously and I would highly appreciate it if you can provide your valuable feedback.
I am 30 years of age and my monthly compensation is 2L. I have recently started investing in MF. I don't have any loan/EMI and my ongoing SIP is Rs 60,000.
I have an appetite for moderate-high risk.
Further, I have savings of 15L which I want to invest in a lump sum and need a substantial return in the next 3-5 years with low-moderate risk
Below is my portfolio:
Parag Parikh Flexi Cap -- 25k
Canara Robecco bluechip equity -- 15k
Quant Tax Plan -- 5k
Quant Active Fund -- 10k
Canara Robeco Small Cap -- 5k
Kindly advise whether to hold, redeem or change with new funds. Thanks.
Omkeshwar Singh: Please continue; funds are good. The lump sum of Rs. 15 lakh can be invested in short duration funds 0f Aditya birla and HDFC mutual fund.
Rahul R: I'm 35 years old. I'm planning to retire by the age of 45-48 as I'm into software development industry.
I want to invest a lump sum amount approx 50 lakh for the long term (12-15 years) now. Could you possibly provide your best investment advise?
Or, if you want to suggest investments in MFs then please advise the name and allocation. Thank you very much!
Omkeshwar Singh: Do a STP in below funds in equal proportion (time frame 12 months)
PPFAS Flexi Cap Fund -growth
Axis Esg Equity Fund -Growth
Kotak Business Cycle Fund-growth
Samco Flexi Cap Fund - Growth
Mahesh Sudula: Age 27yr. Started SIP this month as below. Please comment your opinion sir.
Avoided small cap, due to volatile factor and current inflation /macro environment
Total SIP amount: 16k
Canara robeco equity tax saver direct growth: 4k
Canara robeco bluechip equity fund DG: 4k
Pgim india midcap oppurtunities fund DG: 2k
Axis midcap direct plan-growth: 2.5k
Parag parikh flexi cap fund direct growth: 3.5 k
Omkeshwar Singh: These are good funds; please continue
Priya Gaba: I am 34 and I have just started in Investing MF.
Could you please confirm if the selection of funds and allocation is good? If not, kindly suggest other funds.
Omkeshwar Singh: These are fine; please continue
Read more of Omkeshwar Singh's responses here.
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.
Note: The questions and answers in this advisory are published to help the individual asking the question as well the large number of readers who read the same.
While we value our readers' requests for privacy and avoid using their actual names along with the question whenever a request is made, we regret that no question will be answered personally on e-mail.
'How can I build Rs 50L corpus by 2030?'
'Are my MF returns beating inflation?'
'I want to invest 10 Lakh in ONE MF'
'Help me build a MF portfolio'
MF GURU:'Want regular income for 20 yrs'