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Ask MF Guru: 'Want regular income plus returns'

By OMKESHWAR SINGH
January 04, 2021 08:54 IST
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Mutual Fund

Illustration: Uttam Ghosh/Rediff.com
 

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


pushkar rana: I am investing in the below SIPs. Please suggest whether to continue or need some changes.

(A.)  Monthly SIP

Sr. No. Fund name Category Investment Target holding time
01 Axis Bluechip fund Direct (G) Equity L. Cap 3000 10 Yrs
02 Axis Multicap fund Equity (Diversified) 2500 15 yrs
03 Axis Short Term fund Direct (G) Debt Short duration 5000 5 yrs
04 Mirae Asset L. Cap Direct (G) Equity Large Cap 2500 15 yrs
05 L&T Midcap fund Direct (G) Equity Mid Cap 2500 7 yrs
06 ABSL Corporate bond Direct (G) Debt corporate bond 5000 2 yrs

 B. Lump sum amount

Sr. No. Fund name Category Investment Target holding time
01 ICICI Pru Regular Savings fund-G Hybrid (conservative) 50000 10 yrs
02 ABSL Savings Fund G Regular Plan Debt (Ultra short duration) 50000 3 yrs

Omkeshwar Singh: This is a decent portfolio, please continue and review after an year.

santosh: I have 8 MF ongoing SIPs ,which started recently. kindly review and advise details as below. Further in addition to this if I want to invest sum lumpsum amount may 10 lacs, which better option you suggest.

Motilal Oswal Nasdaq 100 FOF Direct   Growth PURCHASE     2,999
IDFC Banking & PSU Fund - Direct - Growth PURCHASE     4,999
SBI Small Cap Fund - Direct - Growth PURCHASE     2,999
AXIS GROWTH OPPORTUNITIES FUND - DIRECT PLAN GROWTH PURCHASE     4,999
HDFC Index Fund - SENSEX Plan - Direct - Growth PURCHASE     4,999
Mirae Asset Emerging Bluechip Fund Direct Growth PURCHASE     5,999
BHARAT BOND FOF - APRIL 2025 - DIRECT PLAN – GROWTH PURCHASE     4,999
Axis Midcap Fund - Direct - Growth PURCHASE     3,999

Omkeshwar Singh: The funds in the portfolio are good, please continue and review after an year

Fresh investment: stagger your investments in 12 to 18 months either through SIP or STP for averaging out the investments at different market levels, i.e., at NAV instead of lumpsum investment at one go.

Ranjith P K: Request you to analyse my investments and provide your relevant opinion. Looking forward for your valuable suggestions please.

Age: 32; Occupation: Academician; MY investments are below. I prefer to be on balanced mode.

One time investments:

Fund Name Total cost
ABSL Tax Relief 96 Dir-G 55000.02
Tata India Tax Svngs Reg-G 25000.01
Mirae Asset Tax Saver Dir-G 25000
ICICI Pru Balanced Advtg Dir-G 25000
SBI Bluechip Dir-G 25000
L&T Tax Advtg Dir-G 25072.02
IDFC Tax Advtg (ELSS) Reg-G 25000.02
Kotak Standard Multicap Dir-G 15000.01
Nippon India Large Cap Dir-G 10000
IDFC Focused Eqt Dir-G 10000.01

SIP of Rs 1000 monthly:

Fund Name
ICICI Pru Balanced Advtg Dir-G
SBI Bluechip Dir-G

Omkeshwar Singh: Too many ELSS Funds; Please consolidate in 1 or 2 ELSS funds: Axis Long Term Equity Fund - Growth / Canara Robeco Equity Tax Saver Fund – Growth

In Multi Cap: UTI Equity Fund-growth Plan-growth is a better option

In Large Cap: Axis Bluechip Fund - Growth is a better option

In Focused: Axis Focused 25 Fund - Growth Option / IIFL Focused Equity Fund - Growth are better options

Rest of the funds are fine.

Saif: Can you please advise if I should continue with the following funds, and in which funds should I invest more for good returns in 3 to 5 years down the line.

1. TATA Equity PE Fund (Investing 2500pm for past 3 years)

2. Canara Robeco Emerging Equities fund (Investing 2500pm for past 3 years) 

3. ICICI Prudential Equity & Debt Fund-Direct Plan   (Investing 2500pm for past 3 years) 

4. Canara Robeco Equity Hybrid Fund- Direct Plan

Also, can you please recommend if one should invest in Gold funds, and if so which gold fund would be good for bulk investment?

Omkeshwar Singh: 3 of the 4 funds are decent, and instead of ICICI Prudential Equity & Debt Fund-Direct Plan, Edelweiss Balanced Advantage Fund - Growth Option is a better option

rohan nath: I have SIP in following funds since last 3 years should i continue or switch:

1.ABSL Pharma fund growth
2.ABSL digital fund growth
3.ABSL low duration fund
4.ICICI asset allocator fund
5.SBI Banking and finance fund
6.ABSL Banking and finance fund

Omkeshwar Singh: In Large Cap: Axis Bluechip Fund - Growth is a better option

Too many Sectoral Funds; the risk of concentration is high; instead diversified funds are better option.

  1. UTI Equity Fund – Growth
  2. DSP mid cap Fund – Growth
  3. Tata Large & Mid Cap Fund - Growth
  4. Canara Robeco Emerging Equities – Growth

Above funds have decent exposure to Pharma, Banking and Technology

Rest of the funds are okay.

Anonymus: I am investing in mutual funds since last two years. I am 39 yrs old. Kindly let me for the above schemes.

1. SBI Bluechip direct growth - 5000 pm

2. SBI Equity Hybrid direct growth - 5000 pm

3. Axis Bluechip direct growth - 10000 pm

4. ABSL Corporate Bond fund direct - 5 lacs invested in last month.

Omkeshwar Singh: 3 of the 4 funds are decent, and instead of SBI Bluechip direct growth, UTI Equity Fund – Growth is a better option

SACHIN UPADHYE: I have the following investments in MF since few years ... should i continue or switch to some other MFs...please advise

ICICI Prudential MF
multi asset fund - growth - 89K
multi asset fund DP growth - 1.18L
bluechip growth - SIP 2500/-

HDFC MF
hdfc top 100 DP - growth - 70K
hdfc infrastructure DP - growth 25K

IDFC MF
IDFC infra growth direct - 20K
IDFC bond fund IP Gr - dir - 10k
IDFC bond fund MT Gr - dir - 10k
IDFC ASBF - direct - plan A growth - 10k

Omkeshwar Singh: SBI Multi Asset Allocation Fund - Growth is a better option in hybrid multi- asset and Axis Bluechip Fund – Growth is better option in Large-cap

UTI Equity Fund – Growth is a better option in Multi-cap

Sectoral Infra Funds can be avoided; instead diversified equity funds with higher infra exposure can be considered

Rest of the funds are fine.

anindya chatterjee: Following are my investments: Kindly guide me if i am going in right path.

SBI Magnum Global Fund - Regular Plan – Growth (M0nthly) 2000.00 P.M
SBI Focused Equity Fund Regular Growth (Monthly) 3000.00 P.M
SBI Magnum Multicap Fund - Regular Plan – Growth (Monthly) 3000.00 P.M
SBI Blue Chip Fund - Regular Plan – Growth (Monthly) 2000.00 P.M
SBI Equity Hybrid Fund Regular Growth (Monthly) 3000.00 P.M
SBI Dual Advantage Fund - Series XXVIII - Direct – (one time) 50000.00
SBI Equity Hybrid Fund Regular Growth (One Time) 150000.00
SBI Equity Hybrid Fund Regular Growth (ONE TIME) 50000.00
   
ICICI PRU LIFESTAGE WEALTH II POLICY (PER YEAR) 30000.00

Omkeshwar Singh: UTI Equity fund- Growth is better Multi cap; Axis Bluechip Fund - Growth is better large cap and Canara Robeco Equity Hybrid Fund - Growth is better Aggressive Hybrid.

Rest are fine.

Rama Krishna: MF GURUJI PRANAM!

INVESTMENT AMOUNT: 50 LAKHS

FAMILY MEMBERS: 4 ADULTS + 1 CHILD

REQUIREMENT: 50,000 P.M. FOR FAMILY MAINTENANCE  + 10% CAPITAL APPRECIATION

PLEASE ADVISE ON INVESTMENT.

Omkeshwar Singh: If your age is UNDER 50 then these funds can be considered -- Rs 12.5 lakh each with SWP of Rs 12500 from each fund;

  1. EDELWEISS BALANCED ADVANTAGE FUND - GROWTH
  2. CANARA ROBECO EQUITY HYBRID FUND - GROWTH
  3. UNION BALANCED ADVANTAGE FUND - GROWTH
  4. TATA BALANCED ADVANTAGE FUND - GROWTH

If your age is OVER 50 then these funds can be considered -- Rs 12.5 lakh each with SWP of Rs 12500 from each:

  1. EDELWEISS BALANCED ADVANTAGE FUND - GROWTH
  2. Hdfc Banking And Psu Debt Fund - Growth Option
  3. UNION BALANCED ADVANTAGE FUND - GROWTH
  4. Idfc Government Securities Fund- Investment Plan--growth

arvind agrawal: Nowadays many people are investing in International Funds launched by Indian AMCs due to superior returns. Pl advice whether they are safe and one should invest in such funds? If yes then pl suggest an Indian fund who invest in international equities or international fund. 

Omkeshwar Singh: International funds are better option; few funds that can be considered are as under:

  1. Aditya Birla Sun Life Global Emerging Opportunities Fund Growth
  2. Motilal Oswal Nasdaq 100 Fund Of Fund - Growth
  3. Franklin India Feeder - Franklin U.s. Opportunities Fund - Growth 
  4. Motilal Oswal S&p 500 Index Fund - Growth

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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OMKESHWAR SINGH / Rediff.com