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'Earned 75k dividend from my MF': Hold or sell?

By OMKESHWAR SINGH
December 16, 2020 08:46 IST
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'Can you please advise me if I should continue investing in these funds or if I need to switch to some other funds?'

Mutual Fund

Illustration: Uttam Ghosh/Rediff.com
 

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your Mutual Fund queries:


Jayakumar: I am 45 years old and have been investing in mutual funds for the past 10 years. I started at 1000/month, planned to increase my investment to 10000/month and I achieved this target in 2017 and still i am investing in all these funds.

All these investments are as per my advisor, according to him the funds are balanced and no need to worry for another 10 years but when I review the funds some are having only 2-5% annualized return. I am confused whether to continue or shift or exit. 

Kindly suggest whether to continue these SIPs / exit / stop and hold the investment mainly the poorly performing funds. Please advise me how frequently I need to review the performance of the fund and do modification in order to minimise the loss.

Omkeshwar Singh: Scheme details are missing

R Zawar: I am having SIPs since last 4 years as follows:

Omkeshwar Singh:

Name of the Fund Category RankMF Star Rating Recommendation
R Zawar
1) Aditya Birla Sunlife Pure Value Fund Growth-₹4500 Equity - Value Fund 2 Can Consider Axis ESG Equity Fund - Growth
2) ICICI pru. Large and midcap fund growth-₹7500 Equity - Large & Mid Cap Fund 1 Can Consider Tata Large & Mid Cap Fund - Growth
3) Nippon india power and infra fund growth- ₹3500 Equity - Sectoral Fund - Energy & Power 2 Can Consider UTI Equity Fund - Growth
4) UTI Mastershare growth-₹2500 Equity - Large Cap Fund 5 Please Continue
5) Tata equity PE fund regular plan growth option-₹4500 Equity - Value Fund 5 Please Continue

angara venkata prasad: MOST OF THE FUNDS INVESTED IN 2015-16. Pls advise SHIFTING.

Omkeshwar Singh:

Name of the Fund Category RankMF Star Rating Recommendation
Angara Venkata Prasad
1. DSP Equity opportunities - SIP Rs.2000 from 2005 till now.  Equity - Large & Mid Cap Fund 4 Please Continue
2.AB Sunlife infra - growth - Equity - Sectoral Fund - Infrastructure 1 Can Consider UTI Equity Fund - Growth
3.ABS PURE VALUE Equity - Value Fund 2 Can Consider Axis ESG Equity Fund - Growth
4.ABS TAX RELIEF 96 Equity - ELSS 4 Please Continue
5.FRANKLIN INDIA EQUITY ADVANTAGE Equity - Large & Mid Cap Fund 3 Can Consider Tata Large & Mid Cap Fund - Growth
6.FRNKLIN PRIMA FUND Equity - Mid Cap Fund 4 Please Continue
7.FRANKLIN SMALL COMPANIES  Equity - Small cap Fund 3 Better to consider Axis Small Cap Fund - Growth OR Kotak Small Cap Fund - Growth
8.HDFC CAPITAL BUILDER Equity - Value Fund 2 Can Consider Axis ESG Equity Fund - Growth
9.HDFC EQUITY FUND Equity - Multi Cap Fund 3 Can Consider UTI Equity Fund - Growth
10.HDFC FOCUSSED 30 Equity - Focused Fund 1 Can Consider Axis Focused 25 Fund - Growth
11.HDFC TAX SAVER Equity - ELSS 3 Can Consider Axis long term Equity Fund - Growth
12.HDFC TOP 100 Equity - Large Cap Fund 3 Can Consider Axis Bluechip Fund - Growth
13.ICICI VALUE DISCOVERY Equity - Value Fund 4 Please Continue
14.IDBI HYBRID EUQITY Hybrid - Aggressive Hybrid Fund 5 Please Continue
15.IDFC FOCUSSED  Equity - Focused Fund 4 Please Continue
16.KOTAK TAX SAVER Equity - ELSS 4 Please Continue
17.L&T EQUITY FUND Equity - Multi Cap Fund 4 Please Continue
18.L&T INDIA VALUE FUND Equity - Value Fund 3 Can Consider Axis ESG Equity Fund - Growth
19.SBI BLUE CHIP Equity - Large Cap Fund 4 Please Continue
20.SBI LONG TERM EQUITY Equity - ELSS 2 Can Consider Axis long term Equity Fund - Growth
21.SBI MAGNUM COMMA FUND  Equity - Thematic Fund - Other 2 Can Consider DSP Quant Fund - Growth
22.SBI MAGNUM MULTICAP Equity - Multi Cap Fund 2 Can Consider UTI Equity Fund - Growth
23.TATA INFRASTRUCTURE Equity - Sectoral Fund - Infrastructure 2 Can Consider UTI Equity Fund - Growth
24TATA LARGE & MID CAP  Equity - Large & Mid Cap Fund 4 Please Continue

Rafeeq Ali: please kindly advise me

Aditya Birla Sun Life Top 100 fund in 2005 is still in my portfolio. Shall I continue or move to any other mutual fund please advise me?

Name of the Fund: Aditya Birla Sun Life Top 100

Category: Equity - Focused Fund

RankMF Star Rating: 4

Omkeshwar Singh:

Recommendation: Please continue

WALTER GONSALVES: I have investments in the following mutual funds. All are in equity funds. Can you please advise me if I should continue investing in these funds or I need to switch to some other funds? If yes, can you please recommend the funds?

Fund Name ' Rs. lacs

Franklin India Equity Fund – Direct ' 4.90

HDFC Balance advantage fund - Direct Plan - Growth Option ' 6.20

ICICI Prudential Blue Chip Fund - Direct Plan – Growth ' 6.72

IDFC Multicap Fund - Growth (Direct Plan) ' 7.12  

Quantum Long Term Equity Fund - Direct Plan - Growth Option ' 8.11

Omkeshwar Singh:

Name of the Fund Category RankMF Star Rating Recommendation
Walter Gonsalves
Franklin India Equity Fund - Direct Equity - Multi Cap Fund 3 Can Consider UTI Equity Fund - Growth
HDFC Balance advantage fund - Direct Plan - Growth Option Hybrid - Balanced Advantage 5 Please Continue
ICICI Prudential Blue Chip Fund - Direct Plan - Growth   Equity - Large Cap Fund 3 Can Consider Axis Bluechip Fund - Growth
IDFC Multicap Fund - Growth (Direct Plan)   Equity - Multi Cap Fund 4 Please Continue
Quantum Long Term Equity Fund - Direct Plan - Growth Option Equity - Value Fund 3 Can Consider Axis ESG Equity Fund - Growth

Rahul Sawant: Following is my standing on MF. Can you please guide me on this? Also if a fund is not performing, how long do i wait before i switch to a different scheme/ mf? I have been investing for past 4 years

Omkeshwar Singh:

Name of the Fund Category RankMF Star Rating Recommendation
Rahul Sawant
DSP BlackRock Small and Mid Cap Fund - Regular Plan - Growth      
DSP Small Cap Fund - Regular - Growth  Equity - Small cap Fund 2 Better to consider Axis Small Cap Fund - Growth OR Kotak Small Cap Fund - Growth
DSP Midcap Fund - Regular Plan - Growth Equity - Mid Cap Fund 4 Please Continue
HDFC Balanced Fund - Growth Hybrid - Balanced Advantage 5 Please Continue
HDFC Mid-Cap Opportunities Fund - Regular Plan - Growth Equity - Mid Cap Fund 3 Can Consider DSP Midcap Fund - Growth
SUNDARAM SELECT MID CAP REGULAR PLAN GROWTH Equity - Mid Cap Fund 3 Can Consider DSP Midcap Fund - Growth
Aditya Birla Sun Life Frontline Equity Fund -Growth-Regular Plan  Equity - Large Cap Fund 4 Please Continue
Reliance regular savings fund balanced plan (Nippon) Hybrid - Equity Savings 3 Can Consider Edelweiss Balanced Advantage Fund - Growth Option
L&t india prudence fund Hybrid - Aggressive Hybrid Fund 5 Please Continue
Aditya Birla Sun Life Frontline Equity Fund -Growth-Regular Plan  Equity - Large Cap Fund 4 Please Continue
HDFC Mid-Cap Opportunities Fund - Regular Plan - Growth Equity - Mid Cap Fund 3 Can Consider DSP Midcap Fund - Growth


Neeraj Gupta: May I request you to pl. advise me if i shall invest in following fund thru SIP:

1. Parag Parikh Long term

2. Axis Multicap

3. Kotak Equity Opp.

4. Mirae asset Larg Cap

5. Canara robeco-----?

6. invesco India-----?

What other funds you will suggest for investment for a period of 3-5 years? Secondly, i do have some investment in the following funds. What is their future?

Omkeshwar Singh:

Name of the Fund Category RankMF Star Rating Recommendation
Neeraj Gupta
1. Parag Parikh Long term  Equity - Multi Cap Fund 5 Please Continue
2. Axis Multicap Equity - Multi Cap Fund 5 Please Continue
3. Kotak Equity Opp. Equity - Large & Mid Cap Fund 4 Please Continue
4. Mirae asset Larg Cap Equity - Large Cap Fund 4 Please Continue
5. Canara robeco-----?      Scheme name Missing
6. invesco India-----?      Scheme name Missing

1. FT smaller Companies

2. Nippon India equity Saving Funds.

Name of the Fund Category RankMF Star Rating Recommendation
Please put the name
1. FT smaller Companies Equity - Small cap Fund 3 Better to consider Axis Small Cap Fund - Growth OR Kotak Small Cap Fund - Growth
2. Nippon India equity Saving Funds. Hybrid - Equity Savings 3 Can Consider Edelweiss Balanced Advantage Fund - Growth Option

Your earliest reply is greatly appreciated.

Sujeet Kumar Gupta: Hi, I am 35 year old. Investing in MF since 2008. It is requested to review my portfolio and suggest me the changes required. 

Omkeshwar Singh:

Name of the Fund Category RankMF Star Rating Recommendation
Sujeet Kumar Gupta
Aditya Birla Sun Life Equity Fund - Growth - Regular Plan  Equity - Multi Cap Fund 3 Can Consider UTI Equity Fund - Growth
Axis bluechip fund Equity - Large Cap Fund 5 Please Continue
Axis Midcap Fund - Regular Plan - Growth Equity - Mid Cap Fund 5 Please Continue
Canara Robeco Emerging Equities - Regular Plan - Growth  Equity - Large & Mid Cap Fund 4 Please Continue
DSP Equity Fund - Regular Plan - Growth Equity - Multi Cap Fund 4 Please Continue
HDFC Equity Fund - Growth Option Equity - Multi Cap Fund 3 Can Consider UTI Equity Fund - Growth
HDFC MID-CAP OPPORTUNITIES FUND - Growth Option Equity - Mid Cap Fund 3 Can Consider DSP Midcap Fund - Growth
ICICI Prudential Multi-Asset Fund - Growth Hybrid - Multi Asset Allocation 4 Please Continue
Mirae Asset Large Cap Fund - Growth Plan  Equity - Large Cap Fund 4 Please Continue
Motilal Oswal Focused 25 Fund - Regular Plan - Growth Equity - Focused Fund 5 Please Continue
Motilal Oswal Multicap 35 Fund (MOF35)-Regular Plan-Growth Option Equity - Multi Cap Fund 5 Please Continue
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option Equity - ELSS 2 Can Consider Axis long term Equity Fund - Growth
Nippon India Value Fund- Growth Plan  Equity - Value Fund 3 Can Consider Axis ESG Equity Fund - Growth
Parag Parikh long term equity fund growth  Equity - Multi Cap Fund 5 Please Continue
Sundaram Equity Hybrid Fund Regular Growth Hybrid - Aggressive Hybrid Fund 5 Please Continue
Sundaram Midcap Fund -Growth Equity - Mid Cap Fund 3 Can Consider DSP Midcap Fund - Growth

Rakesh Kamboj: I have invested 5 lakh in Aditya birla pure value fund 2.5 year ago. Now its valuation is 3.29 Lakh. I also received dividend of 75K. Should i sell this or keep this (for how much duration)?

Name of the Fund: Aditya birla pure value fund

Category: Equity - Value Fund

RankMF Star Rating: 2

Omkeshwar Singh:

Recommendation: Can Consider Axis ESG Equity Fund - Growth

Amit Bharambe: I have invested in following mutual funds for long time but these funds are not yielding the desired results. After two years also showing negative returns. Please advise where to shift these funds. Also please suggest a good mutual fund where I can switch my liquid fund for better return.

Name of the Fund:Edelweiss Mid Cap Fund - Regular Gr

Category: Equity - Mid Cap Fund

RankMF Star Rating: 2

Omkeshwar Singh:

Recommendation: Can Consider DSP Midcap Fund – Growth

Anonymous: Thank you for your time and expertise.

I am a single woman in her 40s who has had large gaps in her career history. So I have a home but not much in terms of savings. I can only invest lump-sum in MFs since I may be unemployed otherwise. Can you please suggest a MF strategy and also to build a savings reserve?

Omkeshwar Singh: Dear Ma'am, would request for some more details, most important being if these Savings reserves are for Emergency requirements or to Create some reasonable corpus.


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.

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