Rediff.com  » Getahead » Are you a moderate risk-taker? MFs you must buy

Are you a moderate risk-taker? MFs you must buy

By Omkeshwar Singh
January 30, 2020 09:00 IST
Get Rediff News in your Inbox:

Wondering if you did the right thing with your mutual fund investments?

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers 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.

Mutual Fund

Theses are Omkeshwar Singh's recommendations: As a general rule to investing, you may continue with 4- and 5-star rated funds, while the rest may need a re-look.

Anoop Adhikari: I do a regular investment per month of Rs 8000 as SIP in mutual funds. The fund currently I am holding are: 


1. HDFC Top 100 Fund -Rs 2000
2. ICICI prudential value discovery fund -Rs 1000
3. ICICI prudential blue chip fund - Rs 1000
4. HDFC Hybrid equity fund - Rs 1000
5. SBI blue chip fund - Rs 1000
6. SBI Small cap fund - Rs 1000
7. Mirae asset large cap fund - Rs 1000

I have invested Rs 214,372 till now and my market value is Rs 230,213 which means my annual return is 8.8 per cent. Shall I continue to invest in the above fund or shall I switch to some other better fund as per your advice and what will be my capital if I continue to invest for next 7 years as my current age is 43 years and I wish to invest till my age reach 50. 

Name of the Fund Category RankMF Star Rating
Anoop Adhikari    
1. Hdfc Top 100 Fund -Rs 2000 Equity - Large Cap Fund 4
2. Icici prudential value discovery fund -Rs 1000 Equity - Value Fund 3
3. Icici prudential blue chip fund- Rs 1000 Equity - Large Cap Fund 3
4. Hdfc Hybrid equity fund - Rs 1000 Hybrid - Aggressive Hybrid Fund 5
5. SBI blue chip fund - Rs 1000 Equity - Large Cap Fund 3
6. SBI Small cap fund - Rs 1000 Equity - Small cap Fund 3
7. Mirae asset large cap fund - Rs 1000 Equity - Large Cap Fund 4

Omkeshwar Singh: You may please continue with 4 and 5 star schemes; for the rest you can consider these:

Equity - Large Cap Funds: 

  • LIC MF Large Cap Fund-Growth
  • Axis Bluechip Fund-growth 

Equity - Small cap Fund: 

  • Kotak Small Cap Fund – Growth
  • Axis Small Cap Fund – Growth

Equity - Value Fund: 

  • Tata Equity P/E Fund (Growth Option)
  • UTI Value Opportunities Fund- Growth Option
  • L&T India Value Fund Growth Option

Suman Ghosh: I am a moderate risk taker & I have invested in some mutual fund through SIP from last one year. List of mutual funds are given below:

Omkeshwar Singh:

ELSS:

1. Mirae Asset Tax Saver

2. Axis Long Term Equity Fund.

Large Cap:

1. HDFC Top 100 Fund-DP-Growth

2. Axis Blue Chip Fund- Direct

3. RELIANCE LARGE CAP FUND

Large Cap & Mid Cap:

1. DSP Equity Opportunities Fund - Direct

2. Mirae Asset emerging blue Chip Fund

Multi Cap:

1. Axis 25 Focused Fund

2. SBI Magnum Multi Cap Fund-Dir G

3. ABSL Equity Fund - Growth-DIRECT

4. Kotak Standard Multi Cap Fund

5. SBI focused equity fund

Mid Cap:

1. ICICI Mid Cap Fund Plan - Direct

2. L&T Mid Cap Fund

Small Cap: 

1. SBI Small Cap Fund Dir Growth

Suman Ghosh: Of these listed mutual funds, Mid Cap & small cap is not performing well. Should I continue with same mutual fund or SIP? Switch to another mutual fund or stop not performing mutual fund. Is there any other good performing mutual fund? Please suggest. I will be thankful to you.

Name of the Fund Category RankMF Star Rating
Suman Ghosh    
ELSS:    
1. Mirae Asset Tax Saver Equity - ELSS 4
2. Axis Long Term Equity Fund. Equity - ELSS 5
Large Cap:    
1. HDFC Top 100 Fund-DP-Growth Equity - Large Cap Fund 4
2. Axis Blue Chip Fund- Direct Equity - Large Cap Fund 5
3. RELIANCE LARGE CAP FUND Equity - Large Cap Fund 4
LargeCap & Mid Cap    
1. DSP Equity Opportunities Fund - Direct Equity - Large & Mid Cap Fund 4
2. Mirae Asset emerging blue Chip Fund Equity - Large & Mid Cap Fund 4
Multi Cap:    
1. Axis 25 Focused Fund Equity - Focused Fund 5
2. SBI Magnum Multi Cap Fund-Dir G Equity - Multi Cap Fund 4
3. ABSL Equity Fund - Growth-DIRECT Equity - Multi Cap Fund 4
4. KotakStandardMulti Cap Fund Equity - Multi Cap Fund 4
5. SBI focused equity fund Equity - Focused Fund 5
Mid Cap:    
1. ICICI Mid Cap Fund Plan -Direct Equity - Mid Cap Fund 2
2. L&T Mid Cap Fund Equity - Mid Cap Fund 3
Smallcap:-     
1. SBI Small Cap Fund Dir Growth Equity - Small cap Fund 3

Omkeshwar Singh: You may please continue with 4 and 5 star schemes; for the rest you can consider these:

Equity - Small cap Fund

  • Kotak Small Cap Fund – Growth
  • Axis Small Cap Fund – Growth

Equity - Mid Cap Fund:

  • DSP Mid Cap Fund – Growth
  • SBI Magnum MID CAP FUND – GROWTH
  • Motilal Oswal Mid Cap 30 Fund (MOF30)-Growth Option

Thiruvengadam Chellaswami: I have started my SIP in the following equities. I am a novice when it comes to stocks/MFs. Based on browsing through I started investing on the below. Let me know your valuable suggestion.

Name of the Fund Category RankMF Star Rating
Thiruvengadam Chellaswami    
Mirae Asset Large Cap Fund - Direct Plan - Growth – Growth Equity - Large Cap Fund 4
Mirae Asset Emerging Bluechip Fund - Direct Plan – Growth Equity - Large & Mid Cap Fund 4
ICICI Prudential Bluechip Fund - Direct Plan – Growth Equity - Large Cap Fund 3
SBI Blue Chip Fund - Direct Plan – Growth Equity - Large Cap Fund 3
CanaraRobeco Blue Chip Equity Fund - Direct Growth Equity - Large Cap Fund 4
Axis BluechipFundDirect Growth-Growth Equity - Large Cap Fund 5

Omkeshwar Singh: You may please continue with 4 and 5 star schemes; for the rest you can consider these: 

Equity - Large Cap Fund:

  • LIC MF Large Cap Fund-Growth
  • Axis Bluechip Fund-growth

Parmodh Singla: I am investing in ABSL Small Cap and Nippon Small Cap funds with SIP since 2017. Please suggest if I should continue or shift to any other fund.

Name of the Fund Category RankMF Star Rating
Parmodh Singla    
ABSL Small Cap Equity - Small cap Fund 2
Nippon Small Cap Equity - Small cap Fund 2

Omkeshwar Singh: These MFs can be considered:

Equity - Small cap Fund:

  • Kotak Small Cap Fund – Growth
  • Axis Small Cap Fund – Growth

Snehasis Sengupta: I have following MFs:

  • HDFC SMALL CAP FUND-REGULAR GROWTH PLAN
  • L&T MID CAP FUND-REGULAR PLAN GROWTH
  • NIPPON INDIA LARGE CAP FUND GROWTH PLAN GROWTH OPTION
  • MIRAE ASSET LARGE CAP FUND-GROWTH OPTION

Please advise if it will give benefits after investment of 5-10 years period. What will be return approx? Whether to switch to other fund or not?

Name of the Fund Category RankMF Star Rating
Snehasis Sengupta    
HDFC SMALL CAP FUND-REGULAR GROWTH PLAN Equity - Small cap Fund 2
L&T MID CAP FUND-REGULAR PLAN GROWTH Equity - Mid Cap Fund 3
NIPPON INDIA LARGE CAP FUND GROWTH PLAN Equity - Large Cap Fund 4
MIRAE ASSET LARGE CAP FUND-GROWTH OPTION Equity - Large Cap Fund 4

Omkeshwar Singh: You may please continue with 4 star schemes and for rest These MFs can be considered:

Equity - Small Cap Fund:

  • Kotak Small Cap Fund – Growth
  • Axis Small Cap Fund – Growth

Equity - Mid Cap Fund:

  • DSP Mid Cap Fund – Growth
  • SBI Magnum MID CAP FUND – GROWTH
  • Motilal Oswal Mid Cap 30 Fund (MOF30)-Growth Option

Ameet Naik: I am investing in following MF funds. Please confirm whether I should continue:

  • ICICI Prudential Blue-chip Fund - Direct Plan
  • Aditya Birla Sun Life Equity Advantage Fund - Growth-Regular Plan
  • Aditya Birla Sun Life Small Cap Fund Growth-Direct Plan

Also suggest best option funds in large cap fund.

Name of the Fund Category RankMF Star Rating
Ameet Naik    
ICICI Prudential Blue-chip Fund - Direct Plan Equity - Large Cap Fund 3
Aditya Birla Sun Life Equity Advantage Fund - Growth-Regular Plan Equity - Large & Mid Cap Fund 4
Aditya Birla Sun Life Small Cap Fund Growth-Direct Plan Equity - Small cap Fund 2

Omkeshwar Singh: You may please continue with 4 star schemes; for the rest you can consider these:

Equity - Large Cap Fund:

  • LIC MF Large Cap Fund-Growth
  • Axis Bluechip Fund-growth

Equity - Small cap Fund:

  • Kotak Small Cap Fund – Growth
  • Axis Small Cap Fund – Growth

Manish Chugh: I am a salaried person investing Rs 12000 in SIPs of following three MFs for last two years. Kindly suggest whether to continue in these three schemes or to exit. So far there is no growth in amount invested.

1. HDFC Capital Builder Value Fund - Regular plan growth

2. L&T India Value Fund – growth

3. SBI Magnum Global Fund - Regular Plan – Growth

Name of the Fund Category RankMF Star Rating
Manish Chugh    
1. HDFC Capital Builder Value Fund - Regular plan growth Equity - Value Fund 3
2. L&T India Value Fund - growth Equity - Value Fund 4
3. SBI Magnum Global Fund - Regular Plan - Growth Equity - Thematic Fund - MNC 4

Omkeshwar Singh: You may please continue with 4 star schemes; for Equity - Value Fund below can be considered: 

Equity - Value Fund:

  • Tata Equity P/E Fund (Growth Option)
  • UTI Value Opportunities Fund- Growth Option

Vangapandu Haranathbabu: I HAVE KOTAK CORPORATE BOND FUND GROWTH. SHALL I KEEP IT OR EXIT? KINDLY ADVISE.

Name of the Fund Category RankMF Star Rating
Vangapandu Haranathbabu    
KOTAK CORPORATE BOND FUND GROWTH Debt - Corporate Bond Fund 4

Omkeshwar Singh: Please continue


Manoj Navagamiya: Can you suggest right now which MF scheme/sector for long term investment can generate 11-15 CAGR?

Omkeshwar Singh: The top rated schemes across Equity schemes at fair value are as under, you may invest also invest as a basket of funds...

Multi Cap:

  • Motilal Oswal Multi Cap 35 – Growth
  • UTI Equity Fund – Growth

Mid Cap:

  • DSP Mid Cap – Growth
  • SBI Magnum MID CAP FUND - GROWTH

Focused:

  • Axis Focused 25 – Growth
  • SBI Focused Equity Fund - Growth

Large & Mid Cap: Tata Large & Mid Cap Growth

Large Cap:

  • LIC large cap fund – growth
  • Mirae Asset large cap – Growth
  • Axis BlueChip fund – Growth

Small Cap:

  • Kotak Small Cap – Growth
  • Axis Small Cap - Growth

Sovan: I have been investing for past 6 years and here is the list of investments that I have done so far. Please suggest if I should continue investing in same manner or need to do any changes in the portfolio. Where should I invest given the volatility of the market under current scenario?

1. SBI Blue Chip Fund-Regular Plan-Growth (one through SIP, and another through lump-sum; just above 2 years of investment)
2. SBI Mgnum Global Fund-Regular Plan-Growth (SIP)
3. SBI Equity Hybrid Fund-Regular Plan-Growth (SIP)

Name of the Fund Category RankMF Star Rating
Sovan    
1. SBI Blue Chip Fund-Regular Plan-Growth Equity - Large Cap Fund 3
2. SBI Mgnum Global Fund-Regular Plan-Growth (SIP) Equity - Thematic Fund - MNC 4
3. SBI Equity Hybrid Fund-Regular Plan-Growth (SIP) Hybrid - Aggressive Hybrid Fund 5

Omkeshwar Singh: You may please continue with 4 and 5 star schemes; for Large Cap Fund These MFs can be considered:

Large Cap:

  • LIC large cap fund – growth
  • Mirae Asset large cap – Growth
  • Axis BlueChip fund - Growth

Raj Kumar Saaganeria: I want to invest 10,000 per month through SIPs for 3 to 5 years. Please suggest in which funds should I invest and SIP amount per month.

Omkeshwar Singh: The top rated schemes across Equity schemes at fair value are as under, you may invest as  also invest as per your requirement or even create a basket of funds…

Multi Cap:

  • Motilal Oswal Multi Cap 35 – Growth
  • UTI Equity Fund – Growth

Mid Cap:

  • DSP Mid Cap – Growth
  • SBI Magnum MID CAP FUND - GROWTH

Focused:

  • Axis Focused 25 – Growth
  • SBI Focused Equity Fund - Growth

Large & Mid Cap: Tata Large & Mid Cap Growth

Large Cap:

  • LIC large cap fund – growth
  • Mirae Asset large cap – Growth
  • Axis BlueChip fund - Growth

Small Cap:

  • Kotak Small Cap – Growth
  • Axis Small Cap - Growth

Deepak Suri: I have a lump sum investment in in following MUTUAL FUNDS. Please advice whether i should exit or remain invested

  • ABSL Frontline equity fund - Direct –Growth
  • Franklin India Equity Fund - Direct- Growth
  • HDFC Hybrid Equity Fund-Direct –Growth
  • HDFC Capital Builder Value Fund -Regular- Growth
  • ICICI Pru Balanced Advantage fund- regular-Growth
  • ICICI Pru value discovery Fund- Regular-Growth
  • SBI Bluechip Fund-Direct – Growth
Name of the Fund Category RankMF Star Rating
Deepak Suri    
ABSL Frontline equity fund - Direct –Growth Equity - Large Cap Fund 4
Franklin India Equity Fund- Direct- Growth Equity - Multi Cap Fund 3
HDFC Hybrid Equity Fund-Direct –Growth Hybrid - Aggressive Hybrid Fund 5
HDFC Capital Builder Value Fund -Regular- Growth Equity - Value Fund 3
ICICI Pru Balanced Advantage fund- regular-Growth Hybrid - Balanced Advantage 5
ICICI Pru value discovery Fund- Regular-Growth Equity - Value Fund 3
SBI Bluechip Fund-Direct- Growth Equity - Large Cap Fund 3

Omkeshwar Singh: You may please continue with 4 and 5 star schemes; for the rest you can consider these:

Equity - Value Fund:

  • Tata Equity P/E Fund (Growth Option)
  • UTI Value Opportunities Fund- Growth Option
  • L&T India Value Fund Growth Option

Equity Multi Cap:

  • Motilal Oswal Multi Cap 35 – Growth
  • UTI Equity Fund – Growth

Jiban Chandra Das: I have invested in following SIPs Rs 3000 in sbi magnum taxgain; Rs 5000 in DSP black Rock; 5000 in axis long term equity elss & Rs 5000 in axis bluechip; Rs 5000 in Absl balanced 95. Is my investment diversified? I want to stop absl 95. What other fund shall I choose for investing Rs 5000 per month?

Name of the Fund Category RankMF Star Rating
Jiban Chandra Das    
sbi magnum taxgain Equity - ELSS 3
DSP black Rock (scheme name not mentioned)  
axis long term equity elss Equity - ELSS 5
axis bluechip Equity - Large Cap Fund 5
Absl balanced 95 Hybrid - Balanced Advantage 4

Omkeshwar Singh:

Equity – ELSS:

  • Canara Robeco Equity Taxsaver Fund - Regular Plan – Growth
  • Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option
  • Axis Long Term Equity Fund - Regular Plan – Growth
  • Other Funds can be from below as per your requirement.

Multi Cap:

  • Motilal Oswal Multi Cap 35 – Growth
  • UTI Equity Fund – Growth

Mid Cap:

  • DSP Mid Cap – Growth
  • SBI Magnum MID CAP FUND - GROWTH

Focused:

  • Axis Focused 25 – Growth
  • SBI Focused Equity Fund - Growth

Large & Mid Cap: Tata Large & Mid Cap Growth

Large Cap:

  • LIC Large Cap Fund – growth
  • Mirae Asset large cap – Growth
  • Axis BlueChip fund - Growth

Small Cap:

  • Kotak Small Cap – Growth
  • Axis Small Cap - Growth

Rakesh Banga: I am investing in mutual funds for last 5 years and currently have SIP running as below:

  • HDFC Hybrid Equity Fund - Rs 5000
  • UTI Mastershare - Rs 4000
  • UTI Equity Fund - Rs 2000
  • UTI Dividend Yield Fund - Rs 2000

All under 'Growth' option. I can put additional Rs 4000 pm in SIP. Please advise options. My age is 50 years so horizon of 5 - 7 years is fine.

Name of the Fund Category RankMF Star Rating
Rakesh Banga    
·         HDFC Hybrid Equity Fund - Rs 5000 Hybrid - Aggressive Hybrid Fund 5
·         UTI Mastershare - Rs 4000 Equity - Large Cap Fund 4
·         UTI Equity Fund - Rs 2000 Equity - Multi Cap Fund 5
·         UTI Dividend Yield Fund - Rs 2000 Equity - Dividend Yield Fund 5

Omkeshwar Singh: You have decent portfolio, please continue


Rahul Kulkarni: I would like to know if I should continue with below MFs. And If I need to discontinue/add with any fund. Please suggest alternate funds. All funds I am investing since 3 years.  Target is wealth creation in 8-10 years investment.

  • Axis Long Term Equity Fund: Rs 5000
  • Aditya Birla Sun life frontline equity fund: Rs 4000
  • HDFC Balanced Equity Fund: Rs 4000
  • Franklin India focused equity fund: Rs 2000
Rahul Kulkarni  Category  RankMF Star Rating
Axis Long Term Equity Fund: Rs5000 Equity - ELSS 5
Aditya Birla Sun life frontline equity fund: Rs4000 Equity - Large Cap Fund 4
HDFC Balanced Equity Fund: Rs4000 Equity - Multi Cap Fund 4
Franklin India focused equity fund: Rs2000 Equity - Focused Fund 2

Omkeshwar Singh: You may please continue with 4 and 5 star schemes; for Equity - Focused Fund remaining below can be considered

Focused:

  • Axis Focused 25 – Growth
  • SBI Focused Equity Fund - Growth

Omkeshwar Singh, Head, Rank MF, can be reached at omkeshwar@samco.in


Illustration: Dominic Xavier/Rediff.com


Disclaimer: This article is meant for information purpose 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.

Get Rediff News in your Inbox:
Omkeshwar Singh / Rediff.com
SHARE THIS STORYCOMMENT