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MF GURU: 'Which MFs will give good returns?'

By OMKESHWAR SINGH
December 23, 2021 08:54 IST
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'I want to invest Rs 5,000 per month.'

Illustration: Uttam Ghosh/Rediff.com

Omkeshwar Singh, head, Rank MF, (external link) a mutual fund investment platform, answers your queries:


Jay Kumar: I want to invest Rs 5,000 per month. Can you suggest which funds will give good returns?

I have not invested any amount in MFs till date.

Omkeshwar Singh: You may consider:

Mutual Funds Plan type
DSP Top 100 Growth
Axis ESG Equity Fund Growth

 

Anwar Jamal: I have a lumpsum MF investment in the following:

Mutual Funds Amount
1. ICICI Prudential Bluechip Fund Rs 10,000
2. ICICI Prudential Equity Debt Fund Rs 10,000
3. ICICI Prudential Smallcap Fund Rs 5,000
4. ICICI Equity Savings Fund Rs 12,000
5. ICICI Value Discovery Fund Rs 7,000
6. ICICI Long Term Equity Fund Rs 9,000

Omkeshwar Singh: Please continue. Review after six months.

 

Prashant Wewhare: This is my portfolio for the next seven years. All are direct growth funds. I am keeping tabs on sectorial fund on risk factor.

Mutual Funds Amount
Nippon India Pharma Rs 5,000
Tata digital India Rs 5,000
ICICI Prudential Technology Rs 5,000
ABSL Digital India Rs 1,000
Axis Small Cap Rs 3,000
Axis Midcap Rs 3,000
Mirae Asset Emerging Bluechip Rs 3,000

Omkeshwar Singh: These are all good funds.

 

Puneet Sharma: My SIP details are as follows. Please advise.

 
Mutual Funds Plan type Amount
1. Mirae Asset Midcap Fund Regular plan Rs 6,000
2. Sundaram Small Cap Fund Regular Plan, Growth Rs 6,000
3. Nippon India Small Cap Fund Growth Rs 5,000
4. ICICI Prudential India Opportunity Fund Growth Rs 3,500
5. ICICI Prudential Multicap Fund Growth Rs 3,500
6. Axis Focused 25 Fund Regular Rs 6,000
7. Tata Banking And Financial Services Fund Regular Rs 6,000
8. Tata Flexi Cap Fund Growth Rs 5,000
9. Axis Long Term Equity Fund   Rs 3,000

Omkeshwar Singh: These are good funds, please continue.

 

Siddharth Singhal: I am investing in the following mutual funds on a monthly basis (total amount is Rs 38,745 per month).

Apart from these, I also plan on investing Rs 1 lakh in SGB annually.

I am looking at an investment horizon of 7 to 10 years.

Please share your feedback.

Mutual Funds Plan type Amount
ICICI Prudential Commodities Fund Direct Plan Rs 7,087
Motilal Oswal Nasdaq 100 Fund of Fund Direct Plan Rs 8,505
Axis Midcap Fund Direct Plan Rs 3,170
Edelweiss Greater China Equity Offshore Fund Direct Plan Rs 8,033
Parag Parikh Flexi Cap Fund Direct Plan Rs 2,363
Sundaram Corporate Bond Fund Direct Plan Rs 7,087
Mirae Asset Emerging Bluechip Fund Direct Plan (recently started) Rs 2,500

Omkeshwar Singh: These are good funds, please continue.

 

Amit Pathak: I'm Amit Pathak, 39 years old. I am investing via SIP in the following funds:

1. Rs 3,000 every month since January 2017 in L&T Emerging Business Opportunities Fund (Growth). The current value is Rs 3.52 lakhs.

2. A lumpsum investment of Rs 50,000 six months ago in UTI Flexi Cap Fund.

3. Rs 50,000 via NFO in L&T Nifty 50 Index Fund a few months ago.

4. Equities in form of stocks worth Rs 2.5 lakhs.

I want to invest Rs 20,000 per month via SIP for a 5-7 year timeframe. Kindly advise good funds with high returns and balanced risk profile.

Omkeshwar Singh: You may consider:

Mutual Funds Plan type
DSP Top 100 Growth
Axis ESG Equity Fund Growth

 

Ravi Kiran: Sir, my age 44; I have plans to invest in mutual funds from this year.

Currently planning for Invesco Mutual Fund and Mirae Asset Tax Saver Fund.

Please advise for other funds if any.

Omkeshwar Singh: You may consider:

Mutual Funds Plan type
DSP Top 100 Growth
Axis ESG Equity Fund Growth

 

Sanjay Kumar KS: My aim of investment is wealth creation to meet goals such buying a holiday home, foreign travel and a hatchback car.

I am already investing Rs 60,000 per month towards PF and insurance, which would take care of my goals of child education and marriage.

Further, I am assured of a pension around Rs 1 lakh month on retirement.

I have about Rs 20,000 earmarked for SIPs and Rs 3,00,000 lumpsum amount for investing in MFs.

Since I have a secured investment, I can be overtly aggressive with this investment.

Kindly suggest me some high resolution/high return MF schemes.

I would like to have open-ended schemes for the lumpsum investment.

Omkeshwar Singh: You may consider via SIP or STP route.

Mutual Funds Plan type
DSP Top 100 Growth
Axis ESG Equity Fund Growth

 

Nitesh Bharati: I am investing Rs 23,000 per month via SIP in the below funds.

I have invested in the liquid funds to meet some short term uncertain requirements. Could you please review if any changes are required?

Mutual Funds Amount
1. MIRAE ASSET EMERGING BLUECHIP (LARGE AND MID) Rs 5,000
2. MIRAE ASSET LARGE CAP (LARGE) Rs 3,000
3.MIRAE TAX SAVER (ELSS) Rs 3,000
4.PARAG PAREK FLEXI CAP FUND (FLEXI) Rs 5,000
5. AXIS LONG TERM EQUITY (ELSS) Rs 3,000
6.NIPPON INDIA SMALL CAP (SMALL) Rs 3,000
7. NIPPON INDIA LIQUID FUND (LIQUID) Rs 1,000

Omkeshwar Singh: Nice portfolio, 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

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OMKESHWAR SINGH / Rediff.com