'My MF returns are showing negative returns so far. Should I continue or move to bank FD for safe keeping?'
Illustration: Uttam Ghosh/Rediff.com
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
| Name of the Fund | Recommendations ( Contine / SmartSwitch) |
| Abhinaya Dutta: I've been investing in the below funds for 2 years now. Hold or switch? | |
| Axis focused 25 fund –G | Continue |
| Hdfc capital builder value fund - regular plan - G | Axis Esg Equity Fund Regular Growth |
| UTI equity G | Continue |
| Nippon India focused equity fund - G | Mirae Asset Focused Fund - Regular Plan - Growth |
| Tata equity PE fund regular plan - G | Continue |
| P Srikrishna: I have about ₹8 lakhs invested in HDFC Balanced advantage -G fund and ₹22 lakhs invested in ICICI pru Equity and Debt-G since April’18. They are showing negative returns so far. I feel I should exit and reinvest in better funds. Please advise where I should invest. Also I have been holding 25 lakhs in short term/liquid funds in last six months. Should I continue or move to bank FD for safe keeping. | |
| HDFC Balanced advantage -G | Union Balanced Advantage Fund Regular Plan - Growth |
| ICICI pru Equity and Debt-G | Canara Robeco Equity Hybrid Fund Regular Growth |
| Ajit Sahu: I am a regular visitor of rediff.com kindly help me with the below sips shall I continue or not | |
| Icici prudential blue-chip | Canara Robeco Bluechip Equity Fund Regulargrowth |
| Mirae asset emerging blue chip | Continue |
| Canara Rebeco emerging equities | Continue |
| L&T focused equity fund | Uti Equity Fund-growth Plan-growth |
| Dsp equity fund | SmartSwitch to Uti Equity Fund-growth Plan-growth |
| Axis focused 25 fund | Continue |
| Raman Mehtta: I am sending my query regarding the investments i have made in mutual funds. kindly let me know whether to continue or change the fund scheme. | |
| ADITYA BIRLA SUN LIFE TAX RELIEF 96 - DIVIDEND | Continue |
| HDFC BALANCED ADVANTAGE FUND - DIVIDEND | Union Balanced Advantage Fund Regular Plan - Growth |
| HDFC BALANCED ADVANTAGE FUND - DIVIDEND | Union Balanced Advantage Fund Regular Plan - Growth |
| Kotak Tax Saver Fund - Regular - Dividend | Canara Robeco Equity Tax Saver Fund Regular Growth |
| ICICI Prudential Long Term Equity Fund (Tax Saving) - Regular - Dividend | Canara Robeco Equity Tax Saver Fund Regular Growth |
| ICICI Prudential Equity & Debt Fund - Monthly Dividend | Canara Robeco Equity Hybrid Fund Regular Growth |
| Nippon India Tax Saver (ELSS) Fund - Dividend | Canara Robeco Equity Tax Saver Fund Regular Growth |
| SBI Long Term Equity Fund - Dividend | Canara Robeco Equity Tax Saver Fund Regular Growth |
| SBI MAGNUM MULTI CAP FUND - GROWTH | Uti Equity Fund-growth Plan-growth |
| Haseeb: I am Abdul and I have SIP of HDFC Top 100 Fund-Regular plan- Dividend which is going in loss, what can I do for that? Kindly send your comments/suggestions | |
| HDFC Top 100 Fund-Regular plan- Dividend | Canara Robeco Bluechip Equity Fund Regulargrowth |
| Arindam: I have invested in this fund for 2years.pls guide: | |
| 1)BNP Paribar Indconsum(G) | Axis Esg Equity Fund Regular Growth |
| 2)CanaraRob Eq Tax Sav(G) | Continue |
| 3)kotak Tax Saver(G) | Continue |
| 4)Invencolnd Tax(G) | Canara Robeco Equity Tax Saver Fund Regular Growth |
| 5)Mirae Asset Focussed(G) | Continue |
| Ashish Gupta: I am investing through financial advisor on below funds in SIP. I communicated him all those are underrated now but he says don't bother about ratings when you are investing for long term investment. Sir Please advise whether to continue or switch to another Mutual Fund. | |
| 1. DSP Small CAp Fund Regular Plan 2000/- per month | Axis Small Cap - Growth |
| 2. HDFC Hybrid Equity Fund- Not invested yet | Canara Robeco Equity Hybrid Fund Regular Growth |
| 3. IDFC MultiCap Fund - Not invested yet | Uti Equity Fund-growth Plan-growth |
| 4.Nippon India Small Cap Fund Growth 2000/- per month | Axis Small Cap - Growth |
| 5. Nippon India Tax SAver (ELSS) 1000/- per month | Canara Robeco Equity Tax Saver Fund Regular Growth |
| Siraj Ahmed Khan: My MF SIP portfolio is as follows: I seek your kind advice | |
| Aditya BSL pure value (G) since Jul 2018 | Axis Esg Equity Fund Regular Growth |
| DSP Focus (G) since July 2018 | Continue |
| HDFC Mid-Cap Opp RP (G) since July 2018 | Axis Mid Cap |
| Kotak BalanceAdvan (G) since Aug 2020 | Union Balanced Advantage Fund Regular Plan - Growth |
| Kotak EquityOppo (G) since July 2018 | Continue |
| SBI MagGlobal (G) since Nov 2013 | Continue |
| ICICI Pru Bluechip (G) purchased in Aug 2018 | Canara Robeco Bluechip Equity Fund Regulargrowth |
| Nippon India Multi Cap (G) purchased in Aug 2018 | Uti Equity Fund-growth Plan-growth |
| UTI Mastershare (G) purchased in Aug 2018 | Continue |
| Ashish Kinger: I am investing in the following funds from some time with a weekly SIP of 2000 in each fund. Please advise your views on fund selection; where to shift these funds or any other modifications required | |
| Mirae Asset Large Cap Fund - Direct Plan | Continue |
| Aditya Birla Sun Life Banking And Financial Services Fund - Direct Plan | Axis Esg Equity Fund Regular Growth |
| Tata India Consumer Fund - Direct Plan | Axis Esg Equity Fund Regular Growth |
| SBI Blue Chip Fund - Direct Plan | Canara Robeco Bluechip Equity Fund Regulargrowth |
| Franklin India Feeder - Franklin U.S. Opportunities Fund - Direct Plan | Continue |
| Nippon India Pharma Fund - Direct Plan | Continue |
| Axis Focused 25 Fund - Direct Plan | Continue |
| Kotak Standard Multicap Fund - Growth | SmartSwitch to Uti Equity Fund-growth Plan-growth |
| Rajeev Menon: I have been investing in MF SIP for last 3 years in the below mentioned funds. The return in the same is not very encouraging. Please advice: | |
| Aditya Birla Sunlife Frontline equity | Canara Robeco Bluechip Equity Fund Regulargrowth |
| ICICI Discovery Fund | Continue |
| Reliance Nippon India | Scheme Name Missing |
| Reliance Liquid Fund | Continue |
| Reliance Retirement Fund | Continue |
| Tata Consumer Fund | Axis Esg Equity Fund Regular Growth |
| SBI Magnum | Scheme Name Missing |
| Guruprasad Kulkarni: I am 33 years old. I have below mutual fund portfolio with amount (per Month). All below funds are direct plan. | |
| 1. Axis Bluechip Fund:- Rs.4000 | Continue |
| 2. Axis midcap:- Rs.2000 | Axis Mid Cap |
| 3. Axis Smallcap:- Rs.2000 | Continue |
| 4. Axis Long term equity:- Rs.4000 | Continue |
| 5. Kotak multicap fund:- Rs.4000 | SmartSwitch to Uti Equity Fund-growth Plan-growth |
| 6. Motilal Oswal S& P:- Rs.4000 | Continue |
| ABSL equity advantage fund:-Rs.4000 | Canara Robeco Emerging Equities Regular -growth |
| ABSL equity hybrid 95 fund:- Rs.4000 | Canara Robeco Equity Hybrid Fund Regular Growth |
| ABSL frontline equity:- Rs.4000 | Canara Robeco Bluechip Equity Fund Regulargrowth |
| HDFC balanced advantage fund:- Rs.4000 | Union Balanced Advantage Fund Regular Plan - Growth |
| Nippon I ndia equity hybrid fund:- Rs.2000 | Canara Robeco Equity Hybrid Fund Regular Growth |
| Ramani Thyagarajan: I read your post in rediff.com and your analysis on Mutual fund investment was very insightful. Hence would like to solicit your guidance on the same. I have invested in the following Mutual funds since Aug’ 2017 (3 years) post my retirement, and all these funds are not yielding the desired results. Under the current pandemic scenario should I shift these funds or should hold. I do not want to exit as notional loss may result in actual loss. Kindly advice. | |
| ICICI Prudent Bal Fund Growth | Continue |
| ICICI Prudent Equ & Deb Fund Monthly Dividend | Canara Robeco Equity Hybrid Fund Regular Growth |
| Tata Equity PE fund Gwth | Continue |
| HDFC Balance Adv Fund-Monthly Dividend | Union Balanced Advantage Fund Regular Plan - Growth |
| HDFC Hybrid equity Gwth | Canara Robeco Equity Hybrid Fund Regular Growth |
| ICICI Prudent Value Discovery | Continue |
| Sundaram Mutual consumption fund | Axis Esg Equity Fund Regular Growth |
| Amitabh Dash: Hi I have been investing in these funds for last 3 years. Kindly suggest as returns are in single digit or negative Aditya Birla Sun Life Equity Hybrid 95 Fund - Growth Aditya Birla Sun Life Equity Savings Fund - Gr Aditya Birla Sun Life Focused Equity Fund - Gr Aditya Birla Sun Life Pure Value Fund - Gr HDFC Equity Savings Fund - Gr HDFC Hybrid Equity Fund- Gr Kotak Equity Hybrid Fund-Gr L&T Equity Fund- Gr L&T Hybrid Equity Fund - Annual Div L&T Hybrid Equity Fund - Gr L&T India Value Fund - Gr L&T Midcap Fund - Gr Nippon India Small Cap Fund - Gr SBI Equity Savings Fund - Gr Motilal Oswal Nasdaq 100 Gr | |
| Aditya Birla Sun Life Equity Hybrid 95 Fund - Growth | Canara Robeco Equity Hybrid Fund Regular Growth |
| Aditya Birla Sun Life Equity Savings Fund - Gr | Canara Robeco Equity Hybrid Fund Regular Growth |
| Aditya Birla Sun Life Focused Equity Fund - Gr | Continue |
| Aditya Birla Sun Life Pure Value Fund - Gr | Axis Esg Equity Fund Regular Growth |
| HDFC Equity Savings Fund - Gr | Canara Robeco Equity Hybrid Fund Regular Growth |
| HDFC Hybrid Equity Fund- Gr | Canara Robeco Equity Hybrid Fund Regular Growth |
| Kotak Equity Hybrid Fund-Gr | Canara Robeco Equity Hybrid Fund Regular Growth |
| L&T Equity Fund- Gr | Uti Equity Fund-growth Plan-growth |
| L&T Hybrid Equity Fund - Annual Div | Canara Robeco Emerging Equities Regular -growth |
| L&T Hybrid Equity Fund - Gr | Canara Robeco Equity Hybrid Fund Regular Growth |
| L&T India Value Fund - Gr | Axis Esg Equity Fund Regular Growth |
| L&T Midcap Fund - Gr | Axis Mid Cap |
| Nippon India Small Cap Fund - Gr | Axis Small Cap - Growth |
| SBI Equity Savings Fund - Gr | Canara Robeco Equity Hybrid Fund Regular Growth |
| Motilal Oswal Nasdaq 100 Gr | Continue |
| Vara Prasad: Currently I am investing in the below funds in SIP. Please advise me whether you want me continue or switch to other fund. | |
| HDFC Midcap opportunities fund Direct plan- Growth | Axis Mid Cap |
| Franklin India smaller companies fund Direct- Growth | Axis Small Cap - Growth |
| Axis Bluechip fund Direct Growth - 2000pm | Continue |
| Mirae asset emerging bluechip- 1500pm | Continue |
| ICICI Bluechip fund -1500pm | Canara Robeco Bluechip Equity Fund Regulargrowth |
| Nicholas A. Souza: Hi I have been investing in the below Mutual funds for the last 3 years. Please advise if I need to exit or switch or continue the same: | |
| Large CAP: Axis Bluechip Fund 2500 | Continue |
| Large CAP: Canara Robeco Blue Chip Equity Fund -- 2000 | Continue |
| Large and Mid: LIC MF LARGE AND MIDCAP FUND -- 2000 | Canara Robeco Bluechip Equity Fund Regulargrowth |
| Large & Mid Cap: Mirae Asset Emerging Bluechip Fund -- 2000 | Continue |
| Small CAP: Axis Small Cap Fund 2500 | Continue |
| Axis Long Term Equity Fund -- 3000 | Continue |
| ABSL Tax Relief 96 -- 2000 | Continue |
| Tata India Tax Saving Mutual Fund -- 1500 | Canara Robeco Equity Tax Saver Fund Regular Growth |
| (Reliance)NIPPON INDIA TAX SAVER – 2500 | Canara Robeco Equity Tax Saver Fund Regular Growth |
| RAHUL KIRKINDE: All my SIPs are Rs. 3000/- per month. The first two- Franklin India and HDFC have been started 6 years ago whereas the last 3 are started 1 year back. Should I continue or switch off. Also would like to start another 3 SIP. Hence kindly suggest. | |
| 1. Franklin India Bluechip - Growth - | Canara Robeco Bluechip Equity Fund Regulargrowth |
| 2. HDFC Top 100 | Canara Robeco Bluechip Equity Fund Regulargrowth |
| 3. SBI Blue Chip Fund- Regular plan- Growth | Canara Robeco Bluechip Equity Fund Regulargrowth |
| 4. Kotak Standard Multicap Fund- Growth - Regular plan | SmartSwitch to Uti Equity Fund-growth Plan-growth |
| 5. ABSL Frontline Equity Fund- Growth | Canara Robeco Bluechip Equity Fund Regulargrowth |
| Chetankumar Jeevargi: I am 26 years old and currently I am investing 1.5L in PPF every year from last 3 years and will continue do so for atleast 20 years and Now I have started investing in the below monthly SIPs of 5K each. | |
| Parag Parekh Long Term Equity. | Continue |
| Axis Blue Chip. | Continue |
| Motilal Oswal Nasadq 100 FOF. | Continue |
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, 'Mutual Fund Query', 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.
