Are your MF investments not bearing fruit?
Are you holding MF units for more than two years and are looking at a huge portfolio loss?
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries:
Arun Kumar Misra: I have invested in following in mutual funds for a pretty long time but these funds are not yielding the desired results. Please advise where to shift these funds:
1. HDFC TOP 100 - GROWTH- PLAN GROWTH Rs. 50,000
2. IDFC STERLING EQUITY FUND GROWTH- PLAN GROWTH Rs. 25,000
3. DSP FOCUS FUND - GROWTH-PLAN GROWTH Rs. 40,000
4. NIPPON INDIA SMALL CAP FUND GROWTH-PLAN GROWTH Rs. 40,000
Ramesh Koti: SIP Details ongoing since last 4 years, should I continue with the same schemes or request your kind suggestion / advice. SIP amount of Rs.3000 per month in each of the MF.
1) Birla Sun Life Pure Value Fund - Growth
2) Canara Robeco Emerging Equities - Growth
3) DSP Black Rock Income Opportunities Fund - Growth
4) DSP Black Rock Small And Mid Cap Fund - Growth
5) Franklin India Prima Fund - Growth
6) Kotak Emerging Equity Scheme - Regular Plan - Growth
7) L&T Emerging Businesses Fund - Regular Plan - Growth
8) L&T India Value Fund - Regular Plan - Growth
9) SBI Magnum Midcap Fund - Growth
10) Sundaram Select Midcap – Growth
Sanjay Vaswani: I hold following mutual fund schemes:
1. BOI-AXA CONSERVATIVE HYBRID FUND-ECO PLAN-QUARTERLY DIV-REINVEST UNITS HELD: 3328.910 AVG COST=10.32
2. BOI-AXA CONSERVATIVE HYBRID FUND-REGULAR PLAN-QUARTERLY DIVIDEND-REINVEST UNITS: 3638.672 AVG COST=11.15
3. BOI-AXA EQUITY DEBT REBALANCER FUND-REGULAR-DIVIDEND-REINVEST UNITS HELD: 3942.504 AVG COST=10.97
Current value has been less than the average cost since quiet some time. I would like to know whether to hold till value recover or exit?
Balla Kumar Hemant: Can you please review my below funds and suggest the course of action?
Presently investing through SIP:
UTI Nifty Index Fund - Dir G Plan: Rs 4000
HDFC Index Fund - Dir G Plan: Rs 4000
SBI Blue Chip Fund Dir Plan-G: Rs 4000 (3.55% return)
Mirae Asset Large Cap Fund - Dir-G: Rs 4000
Canara Robeco Equity Diversified - Growth 4000
IIFL Focused Equity Fund - Dir - Growth: Rs 2000
Axis Small cap fund - Growth-Direct: Rs 2000
UTI Value Opportunities Fund - Dir – Growth: Rs 2000
LIC MF Large & Mid Cap Fund - Dir - Growth: Rs 2000
Axis Midcap fund - Growth - Direct: Rs 2000
Axis Blue Chip fund - Growth - Direct: Rs 4000
Axis Small Cap fund - Direct- Growth: Rs 2000
One time investments done:
Kotak Money Market Sch-Dir Plan-Gr
IDFC Government Securities Fund-Investment Plan-Growth-(Direct Plan)
Principal Credit Risk Fund -Reg Plan
UTI Ultra Short Term Fund - Dr Plan - Gr
Previously invested through SIP but stopped now. I want to exit these funds. When can I exit?
ABSL Equity Fund - Growth-DIRECT (4.47% return)
ABSL Frontline Equity Fund -Grow-DIRECT (0.79% return)
Kotak Std Multicap-Direct Plan-Gr (4% return)
L&T Emerging Businesses Fund Direct Plan (-15% return)
L&T India Value Fund Direct Plan – Growth (0.38% return)
Mayank Dixit: My wife (30 yrs) and I (31 yrs) have started investing in below mutual funds and ELSS via SIP from June'2019 with a long term horizon.
Aditya Birla Sun Life Tax Relief' 96 - Growth Option: SIP 2000
Mirae Asset Tax Saver Fund- Regular plan - Growth: SIP 2000
Kotak Standard Multicap Fund - Growth : SIP 1500
Mirae Asset Emerging Bluechip Fund - Regular Plan -Growth Option: SIP 1500
DSP Tax Saver Fund - Regular Plan- Growth: 20000 lumpsum
Mirae Asset Tax Saver Fund- Regular plan - Growth: 30000 lumpsum
HDFC MID-Cap oppurtunities fund - growth option : SIP 1000
Mirae Asset Emerging Bluechip Fund - Regular Plan -Growth Option: SIP 1000
Need to know your views on the selection of funds and changes if any.
Varun: I am 37 year old with 2 kids (10yrs and 6 years) for wealth generation please guide me.
Following SIPs per month:
1. Parag parikh long term DG 3k
2. Icici bank. Adv. DG 3k
3. Mirae emerging DG 2k
4. Axis bluechip DG 2k
5. DSP midcap DG 2.5k
6. Lnt focus DG 1k
7. Kotak std multicap DG 1k
1. Lnt triple ace bond DG (50k profit switched from lnt hybrid equity fund before lockdown)
2. Lnt Hybrid equity 1.1 lakh (invested through sip now stopped)
3. Hdfc children gift fund RG 1.75 lakh (invested through sip now stopped)
4. Mirae large cap RG 1 lakh
5. Iifl focus DG 50k
6. Axis small cap DG 50k
Anonymous: I am an artist by profession and presently I am 30 years. I have been investing in mutual funds since 2013 through SIPs. The initial goal was my marriage expenses and setting up my new office, both the goal has been achieved on 2016 and this year respectively.
Presently, I have following mutual funds, however, the returns are not good. I want to continue the same for atleast another 5 years and my aim is a house. Also, my income has substantially reduced as I have set up my office recently. Please advise me whether i should continue these mutual funds or switch and also whether I should reduce my mutual funds considering my income has gone down.
1. Aditya Birla Sunlife Medium Term Plan - Growth Regular Plan - investing Rs. 5,000/- pm.
2. Aditya Birla Sunlife Frontline Equity Fund - Growth Regular Plan - investing Rs. 5,000/- pm
3. Axis long term equity fund - Regular Plan Growth - investing Rs. 5,000/- pm
4. Franklin India Tax Shield Growth - investing Rs. 5,000/- pm
5. ICICI Prudential Bluechip Fund Growth - investing Rs. 15,000/- pm
6. IDFC Multicap Fund Growth (Regular Plan) - investing Rs. 5,000/- pm
7. SBI Bluechip Regular Plan Growth - investing Rs. 15,000/- pm
Sahil Dhamija: I have invested in below mutual funds via SIP from Jan 2018 and will continue the investment for another 12-13 years.
I want to build a Retirement Corpus of 4 to 5 crores.
My risk profile is Aggressive/Moderate and want a mix of Equity & Debt Funds.
My current portfolio is as follows:
1) Aditya Birla Sunlife Focussed Equity Fund-Growth - 2000 per month
2) L & T Midcap Fund Cumulative - 2000 per month
3) Mirae Asset Large Cap Fund -Growth - 2000 per month
4) SBI Magnum Multicap Fund - Growth - 2000 per month
5) Sundaram Rural Consumption Fund Regular Growth - 2000 per month.
6) Axis Bluechip Fund G - Direct Plan - 2000 per month (This is only 5 Months Old SIP)
Please suggest if i want to increase the current SIP amount of 12000 per month to reach the goal & if the above portfolio needs to be tweaked to better funds.
SIP of Rs. 12K can build a corpus of Rs. 60 lakhs only in 15 years … for 4 to 5 crs , SIP amount needs to be Rs. 75000 to Rs. 100000
Mohammad Azharuddin: I have SIPs in Mutual Fund as per details below: Are they good to hold?
Aditya Birla Sun Life Equity Fund – Growth: Rs 5000
Aditya Birla Sun Life Focused Equity Fund - Growth- (formerly Known As Aditya Birla Sun: Rs 5000
Aditya Birla Sun Life Frontline Equity Fund –growth: Rs 5000
Axis Focused 25 Fund - - Growth Option: Rs 10000
Canara Robeco Emerging Equities - - Growth: Rs 5000
Hdfc Hybrid Equity Fund - - Growth: Rs 5000
Hdfc Mid-cap Opportunities Fund - - Growth: Rs 5000
Nitin Pendharkar: My wife has been investing Rs. 1000 per month in the following Mutual funds for the last 3 years. Kindly advice whether we should continue or switch over to some other mutual funds. we will be requiring the amount after 2 years for my sons education after 12th.
Aditya Birla Sun Life Equity Fund - Growth-Regular Plan
Aditya Birla Sun Life Frontline Equity Fund -Growth-Regular Plan
BOI AXA Mid & Small Cap Equity & Debt Fund - Regular Plan - Growth
DSP Focus Fund - Regular Plan - Growth
HDFC Hybrid Equity Fund - Regular Plan - Growth
Mirae Asset Large Cap Fund -Regular Growth Plan
Lumpsum amount of Rs 36,000 in the following Mutual funds:
RELIANCE MULTI CAP FUND - GROWTH PLAN GROWTH OPTION
RELIANCE FOCUSED EQUITY FUND - GROWTH PLAN GROWTH OPTION
If you want Mr Singh's advice on your mutual fund investments, please mail your questions to email@example.com with the subject line, Mutual Fund Query, along with your name, and he will offer his unbiased views.
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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.