MF Guru: 'Want to invest Rs 20k in SIPs for 15 years'

Omkeshwar Singh, head, Rank MF, (external link) a mutual fund investment platform, answers your queries:

---

Gurram Anjaneyulu: I have following existing investments for my various future goals. Could you please help me? Should I continue with these funds or any suggestion to change/update with new funds? Note: All investments are doing through direct funds only. 

Mirae Asset Tax Fund -- 5000

Parag Parikh Tax Fund -- 5000

Axis Growth Opportunities Fund -- 5000

Tata Digital India Fund -- 4000

Nippon Nifty Midcap150 Index Fund – 1000

Omkeshwar Singh: Please continue

Prasad: Thanks for your kind help for all who asks your suggestions. Sir, I'm 42 years, I'm new to investment world, i have no savings till now, I'm married. I'm into small business, i have a son 4 yrs old. Sir I need your help. i don't know any terms regarding sip stocks to speak. i would like to invest 20 k per month for 15 yrs for future needs and my retirement. kindly give me a plan so that i could save something for my family. Sir, i want 1.5 cr for 15 years, if you suggest me to increase my investment i can stretch. Kindly advise me sir. Thank you and GOD BLESS YOU SIR

Omkeshwar Singh: Dear Sir, an investment of Rs 25,000 per month is required to meet the goal in 15 years. However, with Rs 20,000 also a decent corpus of Rs 1.3 crs can be created.

The funds that you may consider are:

- Samco Flexi Cap Fund -- Growth

- Axis Esg Equity Fund Regular Growth

- Uti Flexi Cap Fund – growth

- Hdfc Index Fund -- Sensex Plan -- Growth

REDDIPRADAD NAGASARALA: I am 29yrs old and salaried person. I want to invest in Mutual Funds. Till now I have taken Life coverage and some guaranteed plans and paying since 2020 for 8yrs. Now I want to invest in mutual funds. Please suggest me the Mutual funds, where I want to invest for 15+ yrs.

Omkeshwar Singh: The funds that you may consider are:

- Samco Flexi Cap Fund -- Growth

- Axis Esg Equity Fund Regular Growth

- Uti Flexi Cap Fund – growth

- Hdfc Index Fund -- Sensex Plan -- Growth

Sumesh P N: Request you to examine my current portfolio and suggest any changes, if needed. 

Fund names -- - Amount -- - SIPs

Quant Tax plan -- - 79,996 -- - 5000

Mirae Asset Tax saver fund -- - 64,998 -- - 5000

SBI Magnum medium duration fund -- - 34,998 -- - 5000

Parag Parikh flexi cap fund -- - 34,998 -- - 5000 (increasing by 5000 from May month onwards)

Axis Long term equity fund -- - 1,14,997 -- - 0 

Invesco India Tax plan fund -- - 25,000 -- - 0

PGIM Global equity fund -- - 32,498 -- - 0

Tata India Tax savings fund -- - 10,000 -- - 0

Canara Robeco Bluechip equity -- - 10,000 -- - 0

IDFC GSF investment fund -- - 10,000 -- - 0

My risk appetite is on the higher side as of now (34 yrs of age), which is why equity % is more.

My present financial goals are down payment for a house 10yrs down the line, and retirement fund.

Omkeshwar Singh: Please continue

Ritu Ahuja: I have invested long term in the following mutual funds SIP mode:

1) Axis Opportunities Fund- regular growth = Rs 5000

2) Canara Robeco Bluechip Equity Fund -- regular growth = Rs 2500

3) HDFC Dividend Yield equity fund- regular growth = 2500

4) Canara Robeco Emerging equities -- regular plan = Rs 2500

5) Axis Flexicap Fund- regular plan = Rs 2500

6) SBI Equity Hybrid Fund- regular plan = Rs 2500

7) SBI Large and Midcap Fund- regular plan = Rs 2500

8) Tata AIA Multicap Fund- regular fund

Please advise if can continue for 10+ yrs. 

Omkeshwar Singh: Yes you can continue for long term, with period reviews

Amit Rana: I am 27 years. I have started my sip in 2017 in following schemes. Should I continue for these schemes or require any changes? I am long term investor.

1. Mirae Asset Bluechip fund -- 4500

2. L& T midcap Fund -- 1500

3. Nippon india small cap fund -- 1500

4. Kotak standard multicap fund -- 1500

5. Parag Parikh flexicap fund -- 1000

Omkeshwar Singh: No Change is required, please continue

Subhojit Roy: I am 30 years old and a salaried person. Started SIP from 2021. I want to invest for 10-15 years. I will be highly obliged if you suggest about the funds & if I need to add or omit any. Following are my current mutual fund investments:

1.Sbi Blue Chip Fund (G)- Rs 3000

2. Axis Blue Chip Fund (G)- Rs 3000

3. Axis Mid Cap Fund(G)-Rs 3000

4. Axis Small Cap Fund(G)- Rs 2000

5. Axis Nifty 50 Index Fund- Rs 3000

Omkeshwar Singh: You may continue, review after an year

Siddhartha Ranjan Deb: Please advise if,
1. I want to invest total 3 lacs at a time in 3 Mutual Funds for 8-10 years
2. What would be the best options if I want to invest in SIP/MF for 25K monthly for 8 years

Omkeshwar Singh: The funds that you may consider are:

- Samco Flexi Cap Fund -- Growth

- Axis Esg Equity Fund Regular Growth

- Uti Flexi Cap Fund – growth

- Hdfc Index Fund -- Sensex Plan -- Growth

RANJALKER ADITYA: I am a 22 year old software engineer. I have recently started investing through SIPs in MFs. The following are my investments:

1) Axis Blue chip fund Direct plan growth.-- 1000 rupees

2) Tata digital India Fund Direct growth.-- 1200 rupees

3) ICICI prudential technology Direct plan growth -- 1300 rupees

With an intention of long term investment(at least 10 years), I wish to invest in a few tax saving funds as well, can you please suggest a few tax saving MFs and also if there are any suggestions for other MF's that can be considered. I would be grateful if you could guide me with the same.

Omkeshwar Singh: The tax savings funds that you may consider are as under:

- Axis Long Term Equity Fund -- Growth

- Hdfc Tax Saver -- Growth Option

- Parag Parikh Tax Saver Fund -- growth

Ananda Raghavendra: I am 41 years & I would like to invest in the following mutual funds for an investment horizon of 17 years -- Rs 30000 per month. My risk profile is moderate & would like to achieve a retirement goal of Rs 2.5 Crore. Please suggest, whether the above funds suffice my goal.

Axis Growth Opportunities 6,000

Canara Robeco Bluechip Equity Fund 3,000

Parag Parikh Flexi Cap/PGIM India Flexi Cap 9,000

UTI Index Fund 6,000

Edelweiss Balanced Advantage Fund 6,000

Omkeshwar Singh: The funds are good and the goal would be met!

---

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.

Read more of Omkeshwar Singh's responses here.