'Please let me know if my portfolio is good...'
Omkeshwar Singh, head, Rank MF, (external link) a mutual fund investment platform, answers your queries:
A P Chaudhuri: I am 56 year old. Want to invest in Mutual Fund. My investments will be one time. Basic idea is to get more return as compared to conventional investments like FD/NSC etc. Pls suggest a few of the Mutual Funds with good return.
Time frame: 3-4 years.
Omkeshwar Singh: You may consider a basket of hybrid funds considering your age and tenure.
- Edelweiss balanced advantage fund - growth option
- Canara robeco equity hybrid fund regular growth
- Motilal oswal equity hybrid fund-regular plan growth
- Union balanced advantage fund regular plan - growth
- Tata balanced advantage fund regular plan growth
Sudhir Gopal Nair: Myself, Sudhir Nair, age 47 years old, SIP investment in Mutual fund since last 4 years in below MF (Horizon 10years).
Self MF Details:
- Kotal Emerging Equity Fund Regular Fund - 5000 (Started Aug 2017)
- Kotak Flexi Cap Fund Regular Plan Growth - 2500 (Started Aug 2017)
- SBI Blue Chip Fund Regular Plan Growth 2500 (Started Aug 2017)
- HDFC Mid Cap Opportunities Fund - Growth - 2000 (Started June 2019)
- IDFC Large Cap Fund Growth - 2500 (Started Feb 2018)
- Mirae Asset Emerging Bluechip Fund - 2000 (Started July 2019)
- Axis Bluechip Fund Growth - 2000 (Started Dec 2019)
- Axis Focused 25 Fund Growth - 2500 (Started Aug 2020)
- HDFC Index Fund - Nifty 50 Plan - Direct - 2500 (Started Mar 2021)
- Kotak Opportunities Fund - Growth - 2500 (Started Dec 2017 and ended Nov 2020)
- L&T India Value Fund Growth - 2500 (Started Feb 2018 and ended July 2020)
Wife Mutual Fund Details:
- Axis Focused 25 Fund Growth - 2500 (started Dec 2019)
- SBI Blue Chip Fund - 2000 (Started Jun 2019)
- Mirae Asset Large Cap Fund - 2500 (Started Dec 2019 later increased 2500 from Oct 2020)
- ICICI Prudential Multicap Fund Growth - 1500 (Started Aug 2020)
- Kotak Global Fund of Fund (Direct) - Rs. 100000 (July 2021)
- Navi Nifty Index Fund Growth - Rs. 15000 (July 2021)
Kindly advise whether current funds are good or should switch to some other.
Omkeshwar Singh: Funds are decent however there are too many funds in your portfolio.
VINAY TIWARI: I am a 25 years old boy. I already invest 3000 in Aegon ULIP fund.
I want to invest around 8000 rs per month in SIP. Kindly suggest me some good SIP with how I much should I invest in each.
Omkeshwar Singh: You may consider the below;
- Samco Flexi Cap fund Growth
- Motilal Oswal Focused 25 fund Growth
- Axis ESG Equity fund – Growth
- DSP Quant fund - Growth
I have 45,000 rs and I want to invest it in a mutual fund as lump sum. I was thinking to go ahead with ICICI prudential technology direct growth fund. Kindly let me know your view and suggestions of any.
Omkeshwar Singh: You can proceed with this scheme via lumpsum investment
Bijay Muduli: I am 36 yrs working in a reputed MNC IT company having 14 yrs of IT Experience. I have invested in MF since 2016 with a long goal for capital appreciation, for buying Home, Child education and retirement plan. I can take moderate Risk. Below are my MFs, could you please suggest by looking my portfolio (55% Equity, 45% debt value)
- Axis Blue Chip Fund Direct Growth - SIP 7500
- Mirae Asset Emerging Bluechip(G) - SIP 7500
- Kotak Emerging Equity Scheme Growth - SIP 5000
- Parag Parikh Long Term Equity Growth SIP 5000
- UTI Equity Growth Direct Plan SIP 5000
- Axis Small Cap Growth - SIP 5000
- Franklin India Smaller Cos Fund(G)- SIP 3000
- SBI Focused Equity Growth  - SIP 5000
- Axis Short Term Growth (Short Duration Fund) - SIP 20000
- Aditya Birla Sun Life Banking & PSU Debt Growth SIP 5000
- Nippon India Gilt Securities Growth - SIP 5000
- Nippon India Liquid Growth - SIP 10000
Omkeshwar Singh: This is fine; we can review it post 1 year
Kishore Babulal Purohit: I am looking for longer horizon of 15/20 years from now with an objective of creating a large corpus for my retirement. I am already investing INR 10000 in below SIPs and request your expert guidance / views whether I should continue investing in such funds or make any change in the strategy. My age as on date is 40 years. Risk appetite is medium.
Request you to please guide with your valuable inputs.
- Quantum Long Term Equity Value Fund - Direct (G)
- L&T Emerging Businesses Fund - Regular Plan (G)
- Kotak Bluechip Fund - Direct Plan (G)
- IDFC Tax Advantage (ELSS) Fund - Direct Plan (G)
- SBI Small Cap Fund (G)
- Canara Robeco Blue Chip Equity Fund - Regular Plan (G)
- Kotak Standard Multicap Fund - Regular Plan (G)
- Mirae Asset Emerging Bluechip Fund - Direct Plan (G)
- DSP World Energy Fund - Regular Plan (G)
- DSP Equity Opportunities Fund - Regular Plan (G)
- Motilal Oswal Focused 25 Fund - Regular Plan (G)
- SBI Focused Equity Fund (G)
Omkeshwar Singh: Please continue; although there are too many funds
Rahul Pandey: I am a regular reader of your section. Can you please review my portfolio? All are direct growth funds. I am 38 years old and planning for long term investment for 10+ years to create wealth for my children's education and retirement.
I have divided my portfolio into large cap, mid/flexi cap and small cap based on my risk appetite. I am not investing in DEBT MFs as I prefer PF, PPF and FDs for Debit investments.
1. MIRAE ASSET LARGE CAP - 5000
2. HDFC INDEX SENSEX FUND - 3000
3. UTI NIFTY NEXT 50 - 3000
4. MIRAE ASSET EMERGING BLUE-CHIP - 4500
5. AXIS MID CAP - 3000
6. PARAG PARIKH FLEXI CAP - 3000
7. UTI FLEXI CAP - 3000
8. AXIS SMALL CAP - 3000
9. NIPPON INDIA SMALL CAP - 3000
10. DSP BLACKROCK TAX SAVER - 2000 (Stopped SIP for this and diverted amount to Mirae Asset Large Cap)
I am also planning to invest additional 10k and considering below options to give exposure to different markets/ sectors. Can you please provide your thoughts on this?
1. Motilal Oswal Nasdaq 100 Fund of Fund - 4000
2. Mirae Asset NYSE FANG+ ETF FoF - 4000
3. ICICI PRUDENTIAL TECHNOLOGY FUND - 2000.
Or, shall I consolidate investment on any of the above good existing funds?
Omkeshwar Singh: You may also consider the below:
- Samco Flexi Cap fund Growth
- Axis ESG Equity fund – Growth
- DSP Quant fund - Growth
Also, I am a bit worried about taxation as I fall in 30% tax bracket so if I need money in emergency (over and above my emergency funds) then it may reduce any gains due to tax liability. Can you please also advise on this?
Omkeshwar Singh: You will not be taxed on your income tax bracket for equity funds but on long term capital gain tax and that is 10%
Susheel Karthik: My wife (Chaitanya) and I are huge fans of your suggestions that you provide to the people & guide them for their financial independence.
I am 30 years (Both are same age) from Bangalore, have been investing in mutual fund from 1+ years.
My wife and I are investing up to 16-17k per month & doing the SIP (Monthly & Weekly) through Coin App.
Below are the list of funds we are currently investing, kindly guide our portfolio is ok to continue for long term (8-10 years) target to achieve around 1 crore.
My portfolio:
- Axis Blue chip fund (Large cap) – 5K
- Mirae Asset emerging blue chip fund (Large & Mid cap) – 2K
- Motilal Oswal Flexi Cap fund - 2K
- BOI AXA Tax Advantage fund (ELSS) – 1K
- ICICI Prudential Sensex Index Fund – 0.5K
My Wife's Portfolio:
- Canara Robeco Blue chip Equity Fund (Large Cap) – 2K
- Axis Mid cap Fund - 2K
- Quant Small cap Fund – 2K
- Mirae Asset Emerging blue chip fund (Large & Mid cap) – 1.5K
- Motilal Oswal Nasdaq 100 Fund of funds – 1K
Omkeshwar Singh: Please continue; no changes required.
Shanmugam Nachiappan: I am planning to start the SIP in the below Mutual funds for 10 years and advice me whether my portfolio is good or not and Please suggest me the MFs if it is not good. Thanks in advance.
1. UTI Flexi Cap Fund Growth option Direct - 5000/month
2. ICICI Prudential US Bluechip Equity Fund Direct Plan Growth - 5000/month
3. SBI small cap fund Direct plan Growth - 5000/month
4. Mirae Asset Emerging Bluechip Fund Direct plan Growth - 5000/month
5. Axis Long term Equity Fund Direct Plan Growth option - 5000/month
6. DSP Midcap fund Direct plan Growth - 5000/month
Omkeshwar Singh: Please 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, '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.
Feature Presentation: Ashish Narsale/Rediff.com
