Your mutual fund questions answered. | Jobs Vox


Do you have mutual fund questions?

MF Guru

Please mail your questions. [email protected] With the subject line, Ask NikunjWith your name, and Nikunj SarafVice President election wealth, (Foreign relations), will answer your questions.

Joseph John FernandezI am 52 years old and currently investing in these monthly SIPs from MF funds.

Aditya Birla Sun Life Small Cap Fund Growth-Regular Scheme – 3,000

AFGP – Axis Focused 25 Fund – Regular Growth – 20,000

EFGP – Axis Bluechip Fund – Regular Growth – 15,000

PREG – HDFC Hybrid Equity Fund – Standard Scheme – Growth – 3,000

ICICI Prudential Technology Fund – Growth – 5,000

Mirae Asset Large Cap Fund – Standard Growth Plan – 6,000

Nippon India Small Cap Fund – Growth Plan Growth Option – 3,000

Nippon India Small Cap Fund – Growth Plan Growth Option – 25,000

SBI Flexicap Fund – Regular Plan – Growth – 3,000

My question is to continue these MF funds or make any changes? If changes are required, which one should go?

Nikunj SarafHello Joseph. After a comprehensive analysis of your portfolio, I suggest you reconsider schemes like Axis Bluechip Fund, Aditya Birla Sun Life Small Cap Fund and SBI Flexi cap Fund with portfolio diversification. You can also introduce large and mid cap category in your portfolio. Some suggested funds are:

  • Kotak Equity Opportunities Fund
  • Quant Active Fund

Aloke Ranjan DasI am 70 years old and living on pension and interest income. I have invested 30 million rupees in the following mutual funds since 2015. I don’t want to get the money back now. May I be respectfully advised to close all the funds and keep them under one Balanced Advantage fund.

1) HDFC Retirement Savings Equity Scheme

2) HDFC Balanced Benefit Fund

3) Nippon India Growth Fund

4) DSP tax saving fund

5) DSP Kunt Fund

6) SBI Bluechip Fund

7) SBI Equity Mixed Fund

8) SBI magnum midcap fund

9) ICICI flexicap fund Regards,

Nikunj SarafHello Alok. Considering your age as a primary factor for portfolio analysis, it seems that there are high risk appetite plans in your portfolio. Therefore, I recommend diversifying your investment with a low-risk appetite:

  • HDFC Balanced Benefit Fund
  • ICICI Prudential Blue Chip Fund
  • SBI Equity Mixed Fund

Srinivasa Bhatt.I got into MF investing very recently. That is, at the age of 56. I am now 60+ years old. I can continue my service because of private sector. But there is no guarantee from the management side. I am investing for Rs.23000 monthly in the following Mutual since 4 years.

1) Aditya Birla Sun Life MNC Fund Regular Growth – 1500

2) Axis Bluechip Fund Standard Growth – 1500

3) Focused on axis 25 fund normal growth – 1500

4) Canara Robeco Blue Chip Equity Fund Regular Growth – 1500

5) DSP Nifty 50 Equal Weight Index Fund Normal Growth – 1500

6) Franklin India Small Companies Fund Normal Growth – 3000

7) HDFC Developed World Index FOF Growth – 500

8) ICICI Prudential MNC Fund Growth – 500

9) ICCI Prudential ESG Fund Growth – 1200

10) ICICI Prudent Business Cycle Fund Growth – 1500

11) Mirae Asset Midcap Emerging Bluechip Fund Regular Growth – 1500

12) Mirae Asset Midcao Fund Regular Growth – 1500

13) Growth of Parag Parik Flexi Cap Fund – 1300

14) India Invesco Small Cap Fund Normal Growth – 1000

15) Invesco India ESG Equity Fund Normal Growth – 500

16) Standard Growth of SBI Equity Hybrid Fund – 1500

17) Tata Small Cap Fund Normal Growth – 1500

So far I have spent 266000 birr due to financial problems. Currently my investment in the above mentioned funds is around Rs.850000 and as NAV is Rs.1100000. I want to go all out and invest in a SWP system as my service is not guaranteed. Please suggest me a good fund so that I can withdraw atleast 10000 pm for monthly living.

Nikunj SarafHello Srinivasa Bhat. Depending on your criteria and age, I suggest you invest in low appetite schemes with different asset classes–debt, hybrid and equity. You can consider below mentioned schemes for reinvestment:

  • HDFC Balanced Benefit Fund
  • ICICI Prudential Blue Chip Fund
  • Canara Robeco Blue Chip Fund
  • Quant Absolute Fund
  • Aditya Birla Sun Life Short Term Fund

Also, STP will be a better option than Lump sum to reduce the impact of market volatility.

Ayush SinghHi, I am 23 years old now. I started my corporate journey 3 months ago. I have been investing in MF for the past 6-7 months now. My mutual fund corpus is around 75k and stox corpus around 96k. My mutual funds are as follows

Mirae Asset Emerging Bluechip Fund: 2500 Quant Tax Scheme: 4000

PGIM India Midcap Opportunities: 3000 ICICI Technology Scheme: 1000

Canara Robeco Small Cap: 3000 Nippon India S&P BSE Sensex: 3000

Parag Parik Flexi Cap: 3000

Also, I am doing SIP of 2000 by buying Nifty Bees. Please guide me whether my MF selection and placement is good or not. Apart from all these funds should I contribute some amount in PPF or NPS? I want to have enough corpus on the line.

Nikunj SarafHi Ayush Singh your portfolio report is in good shape with current market. I suggest you reconsider your better peer plan in Parag Parik AMC. You can contribute a certain amount in PPF and NPS with MF investment, retirement plan goal and tax saving objective. Do thorough research before investing.

Ashish GabbaI am 40 years old and have invested in Global Equity Mutual Fund to have some global exposure in my portfolio with the following investment details.

Mirae Asset NYSE FANG+ ETF FoF– 1.25L — Dec-21

But this fund is currently giving me -40% return and performing the lowest in the category in last 3 months. The AUM of this fund has come down to Rs 692 crore as any new investments in US funds have come to a halt for some time. Plz suggest if i keep the fault or stop and sell it.

Nikunj SarafHi Ashish Gaba As the funds are mainly invested in US and US markets are very volatile there may be losses in near future. If your investment horizon is short-term, I would recommend reinvesting and growing your future portfolio.

Sarvesh Prabhu Konkar: I am 41 years old. I am investing in the following mutual funds since 2 years.

1. Mirae Asset Emerging Bluechip Fund-Direct Scheme – 4100

2. Canara Robeco Bluechip Equity Fund – 3 years – 3000

3. Parag Parikh Long Term Equity Fund – 3 years – 3000

4. UTI Equity Fund – Growth – 3 years – 3000

5. Axis Bluechip Fund – Direct Plan – Growth – Rs.3000

6. Axis Midcap Fund – Direct Plan – Growth – Rs.2000

Should I continue with these funds? Do you suggest any changes?

Nikunj SarafHi Sarvesh, your portfolio seems to have a good report. It is good to reconsider Axis Bluechip Fund with better peer schemes.

Prasanta SahoAge – 35 years max 1.5 crore target required in 25-30 years. Suggest any SIP sir.

Nikunj SarafHi Prasanta Saho for 1.5 crores goal, about 6000 Rs in below mentioned schemes. You can start absorbing in MF.

  • Mirae Asset Midcap Fund
  • Nippon India Small Cap Fund
  • Quant Flexi Cap Fund
  • Kotak Equity Opportunities Fund

ThatI am 51 years old and have two questions:

A) I want a corpus of 1 crore in next 5 years, how much should I invest every month/year.

b) I want a corpus of 3 crores in next 6 years, where to invest and how much to go for annual premium.

Appreciate your response.

Nikunj Saraf: Hello Tata. Depending on your 2 goals lined up in 5 years, you may need to start a SIP of Rs 1.21 lakh per month at 12% CAGR.

At 12% CAGR, you can start investing 2.84 lakh monthly to achieve your target of 3 Cr in next 6 years.

You can read more of Mr. Sarafin’s answers here.

Choice wealth disclaimer

Choice Wealth Private Limited has, to the best of its ability, considered various factors — quantitative metrics and qualitative assessments, in an unbiased manner while selecting the above fund(s). However, they carry unknown risks and uncertainties associated with the broader markets, as well as analysts’ assumptions about future events. Therefore, investment decisions should not be the sole basis. Investors are urged to carefully review the plan arrangements and seek professional advice regarding specific legal, tax and financial implications.

Choice Wealth does not accept any liability for any damage or loss arising out of the use of or reliance on the product or related services. Disclaimer: This article is intended for informational purposes only. This article and information do not constitute distribution, endorsement, investment advice, offer to buy or sell or solicitation to buy or sell any securities/schemes or other financial products/investment products mentioned in this QnA. An attempt to influence the opinion or behavior of the investors/recipients.

The investors/recipients’ information/any investment and investment-related decisions are at their own discretion and risk. Any advice contained herein is given on a general basis and does not take into account the specific investment objectives of any particular person or group of persons. The opinions expressed herein are subject to change without notice.

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