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You are here: Home / Mutual Funds / Top 15 Best Equity Mutual Fund SIPs for 2015

Top 15 Best Equity Mutual Fund SIPs for 2015

Last updated: August 12, 2019 | by Sreekanth Reddy

Mutual Funds are the best tools for long term wealth creation. But, the challenge is to identify good and top performing mutual funds that can help you in achieving your Financial Goals. There are hundreds of mutual fund schemes which are available in the market. Besides this, there are plethora of NFOs (New Fund Offers, new schemes) which keep hitting the market. Identifying good mutual fund for long term investment is not an easy task.

‘Wealth creation’ is like Test cricket where a quick fifty or hundred may not always win you a game. You need the solidity and consistency of a Rahul Dravid or a Laxman more often than the flamboyance of a Sehwag to be able to emerge victorious over the five days.

A ‘good mutual fund scheme’ is one that consistently manages to outperform the Category it belongs to and also its Benchmark. I have tried my best to identify top performing and best Equity Mutual Fund SIPs (Systematic Investment Plans) that you can choose to invest in 2015. 

Kindly remember, you first need to identify your investment objective, time horizon of investment and risk appetite to arrive at your Investment Plan. Equity Mutual Funds are risk oriented products. Invest in these top performing mutual funds through SIPs (or lump sum) if your time horizon is atleast 5 or more years.

Methodology to select Top Equity MF for SIPs :

I have judiciously followed the below points to shortlist the best equity mutual funds :

  • Returns : I have shortlisted these top performing equity MFs based on SIP returns (using SIP Returns Calculator of Moneycontrol.com). I have considered monthly SIP.
  • Another factor is ‘the age of the fund’. How long has the mutual fund been in existence? That gives us a chance to look at its performance over long periods of time. Funds with a good track record for the last 5 to 10 years have been preferred.
  • Risk Vs Return : Some funds may generate very good returns but at the cost of very HIGH RISK. We need to look at risk-return trade off also. I have spent good amount of time on checking some of the important ratios to measure risks of mutual funds. These are like Standard Deviation, Alpha, Beta, Sharpe Ratio and overall Risk grades of the funds.

 (What is Standard Deviation ? Standard deviation is a very important statistical measure to analyze the range of a fund’s performance. When a fund has a high standard deviation, its range of performance has been very wide, indicating that there is a greater potential for volatility.Higher the Standard Deviation higher the fluctuations/volatility in returns. A Fund which can generate high returns consistently with low SD is a good one)

(Ratios to measure risk of a mutual fund : A good Mutual Fund ideally should have Low Standard Deviation, High Alpha, Low Beta and High Sharpe Ratio)

  • I have also considered Expense Ratio (in % terms) as one of the factor. (What is Expense ratio? Expense ratio shows the amount that mutual funds charge for managing the investors’ money)
  • I have also checked the current investment portfolios of all these funds.
  • I have not considered the STAR ratings of funds provided by Ranking agencies. Usually these star ratings reflect the short term (1 or 2 year’s) performance of the funds.
  • The primary sources of information are valueresearchonline.com and  Moneycontrol.com.
  • I have tried to identify top performing mutual funds based on the Fund Categories like Large cap, Diversified, Small & Mid-cap, Balanced and Tax saving (ELSS).

15 Top Performing Equity Mutual Fund SIPs in India

Click on the below image to open it in a new browser window.

Best Top Equity Mutual Fund SIPs in india

Let us now look at some more details of each of the fund categories.

Top 3 Best performing SIP Large Cap Equity Mutual Funds :

Best Large cap mutual funds for SIPs

There are roughly around 148 Large cap oriented Equity mutual fund schemes.  The average returns of this fund category over a 5 year period is around 10.67% (as per valueresearchonline.com). UTI Equity Fund and ICICI Prudential Focused Bluechip funds have LOW risk grades. Also, the standard deviation for both of the funds are on the lower side.Both these funds have high Alpha (Alpha is a measure of performance on a risk-adjusted basis. The excess return of the fund relative to the return of the benchmark index is a fund’s alpha).

The other nearest competitors for these funds are HDFC Top 200 (lost due to high Standard Deviation), Franklin India Blue chip Fund, Birla Sunlife Frontline Equity Fund and ICICI Top 100 fund.

3 Top Performing Diversified Equity Mutual Funds for SIP :

Best Equity Diversified mutual funds for SIPs

This fund category can also be called as Multi-cap or Large & Mid-cap oriented. The average returns of this fund category is around 13% for the last 5 year period. There are around 183 schemes in this category. Most of these funds have a slightly higher exposure to mid-cap companies. ICICI Prudential Dynamic has lower Standard deviation when compared to other two funds. HDFC Capital Builder fund has high Alpha.

The other good performing funds in this category are Franklin India High Growth Companies Fund and Mirae Asset India Opportunities Fund. Both these funds are relatively new entrants but are worth to track.

 Top 3 Best Small & Mid-cap Mutual Funds for SIP :

Best Small and Midcap mutual funds for SIPs

There are around 120 schemes in this fund category. The average category returns are around 18% in the last 5 years. HDFC Mid-cap opportunities fund has LOW risk grade. Franklin India Smaller Companies Fund has very high Aplha.  It has generated 21.88% (CAGR) returns in the last 10 years.

The other good funds in this category are IDFC Premier Equity Fund (Regular Plan), ICICI Prudential Value Discovery Fund and DSP Blackrock Micro Fund.

 Top 3 Best Balanced (Equity oriented) Mutual Funds for SIP :

Best Balanced mutual funds for SIPs

49 schemes are available in this category. The average category returns are around 12.75% in last 5 years. HDFC Balanced Fund has one of the lowest expense ratios. ICICI Prudential Balanced Fund (Regular Plan) has very low standard deviation, a very high Alpha & Sharpe ratio. The best alternate to HDFC balanced can be HDFC Children’s Gift Fund (Investment Plan).

(Visit my post for detailed analysis of ‘Top & Best Balanced Funds.”)

Top 3 Best Tax saving (ELSS) Mutual Funds for SIP :

Best ELSS tax saving mutual funds for SIPs

We have 90 schemes in ELSS Fund category. 13% is the average category returns in 5 years. Franklin’s and ICICI’s ELSS plans have been consistently performing well.  Franklin India Tax shield fund has one of the lowest standard deviations and also a very low BETA. Axis long term equity fund though a new entrant, has LOW risk grade with a very high ALPHA. Off-late Reliance Tax Saver Fund has been performing well but it has a very high SD (infact the highest SD in ELSS category).

(You may like reading my article on ELSS Funds – “Top 5 Tax Saver ELSS Mutual Funds to invest in 2015.”)

Some Important Points to ponder about Mutual Fund (SIP) Investments :

  • I have tried to list some of the best performing equity mutual funds here. There is no necessity that you have to have a fund from each category to build a good investment portfolio. Kindly do not over clutter your portfolio. Select 2 to 3 good funds. That would  be more beneficial
  • Invest in Equity mutual funds if your time horizon is atleast 10 years. You can opt for Balanced funds if you time horizon is between 5 to 10 years. Invest for long term goals.
  • Understand the risks associated with equity mutual funds. Kindly do not invest for quick gains or based on tips.
  • Continuously track and monitor your mutual fund portfolio. If possible invest through online platforms.
  • Do not time the market. Timing the market is almost impossible. Anytime is good time to invest in or to start SIPs.
  • If your funds are generating negative returns, do not panic. Do not redeem or stop SIPs based on short term market movements. Continue your SIPs as long as possible. You may also consider increasing your SIP contribution amount on yearly basis. Small investments made at regular intervals can yield much better returns over a long period of time.
  • It is advisable to build a mutual fund portfolio based on your Financial Goals. You may opt for variety of portfolios of mutual funds for different set of goals.
  • Opt for Growth option of mutual fund schemes.
  • If you are new to mutual fund investments then start with Balanced funds. (Visit my post on “Top Balanced Funds“)
  • Kindly do not churn your portfolio at regular intervals
  • Do not expect abnormal returns.
  • Say NO to New Fund Offers (NFOs).
  • Last but not the least, remember “Mutual Fund investments are subject to market risks. Past performance may or may not be sustained in future.”

You might have already invested in mutual funds. You may or may not find your funds in the above list of top performing Equity mutual fund SIPs. That does not mean your selection is wrong. Remember, we are selecting good funds out of hundreds of mutual funds schemes.

If you are a DIY (Do It  Yourself) investor, trust your skills and conviction. Keep monitoring the performance of your investment portfolios. Please share your queries and comments. Cheers!

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(Image courtesy of Stuart Miles at FreeDigitalPhotos.net)

Latest article : “Best SIP Equity Mutual Funds to invest in 2016”

Sreekanth Reddy:

Sreekanth is the Man behind ReLakhs.com. He is an Independent Certified Financial Planner (CFP), engaged in blogging & property consultancy for the last 12 years through his firm ReLakhs Financial Services . He is not associated with any Financial product / service provider. The main aim of his blog is to "help investors take informed financial decisions." "Please note that the views given in this Blog/Comments Section/Forum are clarifications meant for reference and guidance of the readers to explore further on the topics/queries raised and take informed decisions. These should not be construed as investment advice or legal opinion."

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  • Yavika says:
    March 16, 2017 at 9:43 am

    Hi Sreekanth,
    I was reading your article and you have suggested to have different portfolios for different goals. So, if i have goals like, vacation(3yrs), education(5yrs), higher education(8yrs), education for second chiled (12yrs), higher eduction for 2nd child(16yrs), home(10yrs), etc., does that mean I should have so many diffrents portfolios? Considering 2-3 funds per goal also, I may end up having more that 10 MFs.

    Is that the way to go? Can you please elaborate on this? thanks.

    As of now, I have just planned a SIP portfolio generalised one (with due consideration to immediate goal) and was planning to balance it as I near my goals. Please advice.

    • Sreekanth Reddy says:
      March 17, 2017 at 11:41 am

      Dear Yavika,
      You can invest in same funds with different SIP amounts as per the expected Corpus.
      For example : Goals which are around 5 to 8 years can have similar portfolios and Goals that are 10+ years away can have same portfolio with different SIP amounts.
      Kindly read: My portfolio & my MF picks.

      • Yavika says:
        March 18, 2017 at 8:05 pm

        Thank you very much… Where can I find the list of all your articles? I have noted down few (7-8) links from your blog pages and reading them. is there a list of all of them?
        your articles are very informative and easy to understand!!! Thanks.

        • Sreekanth Reddy says:
          March 20, 2017 at 2:16 pm

          Dear Yavika ..You can find the list of latest 100 articles @ Archive page..

  • Dinesh says:
    January 19, 2017 at 2:10 pm

    Dear Sreekanth,
    My goal is to to have 1cr corpus till 2021~22.
    In that ref I’m investing @45K/ m in below SIP’s.
    Axis Midcap; HDFC Prudence; ICICI Pru. Value Discovery; SBI Pharma; SBI Magnum Midcap; SBI Magnum Global Tata balanced fund
    Please advice.

    • Sreekanth Reddy says:
      January 19, 2017 at 4:29 pm

      Dear Dinesh,
      If you invest Rs 45k per month and assuming the expected return on investment is 12%, then the projected accumulated corpus can be around Rs 36 Lakh in next 5 years.
      If your investment horizon is around 5 years, you may re-consider your allocation of investible surplus to Mid-cap / sector based funds.
      Kindly read:
      Retirement planning goal calculator.
      Best Equity funds 2017.
      How to pick right mutual fund scheme?
      MF portfolio overlap analysis tools.

      • Dinesh says:
        January 21, 2017 at 11:12 am

        Thanks Sreekanth,
        I’m investing since last 2.25yrs with current portfolio value of 9.6L
        In view of getting corpus of 1cr, please let me know.
        1. How much monthly savings should be planned (currently 45k/m). I can stretch till max 75K/m from 2019. Also can wait another 2yrs from 2022 till 2024.
        2. Can we expect better returns in upcoming year @15% in my portfolio funds.
        3. Any suggestions on my fund selections. Axis Midcap, SBI magnum global not doing well now as I expected.

        Can you please share your mail ID since I need some more suggestions from you as you are a experienced financial expert.

        Regards,

        • Sreekanth Reddy says:
          January 21, 2017 at 2:35 pm

          Dear Dinesh,
          Assuming monthly contribution of around Rs 75,000, at expected return of 10% in next 7 years, can get you a corpus of around Rs 1 Cr.
          HDFC Prudence, TATA balanced fund, ICICI Value discover – You may continue.
          Can consider Franklin Prima fund in place of the existing mid-cap funds.

  • Abhishek says:
    November 20, 2016 at 11:28 am

    Hi Sreekanth,

    I am regular follower & reader of yours. Pls review my portfolio & advise if anything needs correction. I am 32 year. Investing in SIP for 20 years plan that is for long term (16000 per month). Started SIP since 1st April 2016.
    My portfolio is –
    ICICI Prudential Balanced Fund – Growth – 1000 /pm
    TATA Balanced — 2000/pm
    ICICI Prudential Value Discovery Fund – Growth– 2000/pm
    Franklin India Prima Plus — 2000/pm
    ICICI Prudential Dynamic Plan – Growth– 2000/pm
    ICICI Prudential Focused Bluechip Equity Fund – Growth– 3000 /pm
    Franklin India Smaller Companies–2000/pm
    SBI Magnum Mid cap– 2000/pm

    Abhishek

    • Sreekanth Reddy says:
      November 21, 2016 at 7:31 pm

      Dear Abhishek,
      Individually all are decent funds. But you may try to avoid investing in funds within same fund category after checking overlap of their portfolios.
      Kindly read:
      MF Portfolio overlap analysis tools.
      How to select right mutual fund scheme?

  • prashant says:
    November 15, 2016 at 2:45 pm

    Sir,
    I am 29 year. I want to invest in MF through SIP for 10 years (2000/month). This is totally new field for me. kindly suggest me good MF.

    Prashant

    • Sreekanth Reddy says:
      November 16, 2016 at 12:43 pm

      Dear prashant ..You may consider funds like – HDFC Balanced fund, Birla Sun Life Frontline equity, Franklin Prima plus & UTI mid-cap fund.

  • P. BAPAIAH says:
    November 5, 2016 at 8:40 pm

    ir,
    i want to invest in mip scheme under sip method for 3 years. i want to opt for growth. what is your advice. is mip scemes lumpsum investment is better than sip mrthod?
    pleaseadvice sir.

    • Sreekanth Reddy says:
      November 7, 2016 at 4:55 pm

      Dear BAPAIAH,
      If you can be able to invest one-time lum sum amount, kindly go ahead.
      Read: Best MIP MF plans @ http://www.relakhs.com/best-monthly-income-plans-india-mutual-funds/

  • T Satyanarayana says:
    November 2, 2016 at 1:13 pm

    Dear Srikanth Reeddy nice information from you

    pl provide the information on TAX rates for short term / long term MF

    • Sreekanth Reddy says:
      November 2, 2016 at 1:16 pm

      Dear Satyanarayana ..Kindly read this article : Mutual Fund Taxation rules.

      • T SATYANARAYANA says:
        November 4, 2016 at 4:39 pm

        Dear Srikanth Reeddy thank you for elaborate information MF TAX rates

  • Dhanrajsinh says:
    October 23, 2016 at 9:26 am

    Hi Sreekanth,

    I am 25 year old and first time invest into SIP. I want to invest 7000/Month.

    My broker suggest me to invest in HDFC BALANCED FUND – REGULAR PLAN – GROWTH (2000 INR/Month) & ICICI PRUDENTIAL LONG TERM EQUITY FUND – TAX SAVING – REGULAR PLAN – GROWTH (5000 INR/Month for 3 year lock period).

    So please suggest me it is good investment plan or not ?

    Regards,
    Dhanraj

    • Sreekanth Reddy says:
      October 23, 2016 at 7:06 pm

      Dear Dhanrajsinh,
      Both are decent ones. Kindly remain invested as long as you can and keep tracking their performances.
      Read: How to select the right mutual fund scheme?

  • K.NIRMAL KUMAR says:
    October 19, 2016 at 12:48 am

    Good Evening Sir,

    I am 41 yr of age . My portfolio is as under :

    Birla Sun Life Tax Relief 96 (G) : 2,500 Per Month SIP (Started One Year Back)
    HDFC Tax Saver Fund (G): 2,500 Per Month (Started One Year Back)
    Franklin India High Growth Companies Fund : 3,000 Per Month (Started This Month).

    As of now I am investing 8,000 p.m on SIP. I want to invest further amount on Mutual Funds and how much shall i invest on Mutual Funds Per Month and apart from that kindly suggest me any other Mutual Funds to invest which gives high returns in Future or shall i continue to invest in the above Mutual Funds itself only, apart from that i have One Son who is studying in 5th Class so that i can utilize the amount for his higher education in the Future.

    Sir also kindly let me know how is the Scope of these above Mutual Funds in Future.

    Regards

    • Sreekanth Reddy says:
      October 19, 2016 at 2:53 pm

      Dear NIRMAL,
      Have you invested in these two ELSS funds for tax saving + wealth accumulation??
      For a goal which is around 10 years from now, you may consider adding one Mid/Small cap fund.
      Ex – HDFC mid-cap / UTI mid-cap
      (or) Franklin Smaller companies fund/DSP micro cap.
      Kindly read:
      Kid’s Education goal planning & Calculator.
      How to select right mutual fund scheme?
      What are large/mid/small cap funds?
      MF portfolio overlap analysis tools.

    • K,NIRMAL KUMAR says:
      October 19, 2016 at 8:39 pm

      Thank You Sir for your Reply and will add up one more fund

  • KUMAR says:
    October 15, 2016 at 2:44 pm

    Dear Sreekanth,
    I am 47 year old NRI recently started following SIP with the help of your blog. I wish to add more money in my portfolio depends upon market conditions to start SWP after 5years for getting monthly income. Please suggest whether I should opt one particular fund or equally distribute to all four.
    • Birla Sunlife Frontline Equity (Regular Growth) – 10000
    • Tata Balanced Fund (Regular Growth) – 10000
    • ICICI Pru Value Discovery (Regular Growth) – 15000
    • UTI Midcap Fund (Regular Growth) – 15000
    Regards,
    Kumar

    • Sreekanth Reddy says:
      October 15, 2016 at 6:05 pm

      Dear KUMAR ..Good portfolio. You may make additional investments in the same funds. You may gradually allocate lesser amount to mid-cap fund if you need the corpus in next 5 years.

  • Akshay says:
    October 5, 2016 at 1:24 pm

    Found your site while searching for investment alternatives for mid risk range.
    Stocks are high risk as I am not qualified and well informed at evaluating companies properly and systematically invest. FDs are safe but after TDS, barely earns enough to protect wealth against inflation. Other government schemes are process heavy and slow and also earns little more than direct FD.

    Planning to read through all your articles in hope to get some valuable information. You are good at using easier method/language to explain things. Keep it up. Thanks!

    What tool(site/portal) do you use to invest in MF? Do you do it on your own or through an agent?

    • Sreekanth Reddy says:
      October 6, 2016 at 3:37 pm

      Dear Akshay,
      I am sure you would have identified your Financial goals & time-frame to achieve them, so accordingly you can select the suitable investment avenues.
      Kindly read:
      How to create a SOLID investment plan?
      List of investment options!

      I invest in MFs through icicidirect.com, Directly by visiting fund house websites and also through Fundsindia (this is for information purposes only and not any recommendation).

      • A N says:
        November 19, 2016 at 3:28 pm

        Firstly thanks a lot for putting together a great site with useful information in simple easy to understand language and also taking out the time to respond to each comment.

        I just found out about mfuindia.com from your site and thought that would be the best way to invest, specially for a person who is well-versed with the various options and so doesn’t need any advice.
        Any reason why you haven’t made the switch yet?

        Thanks,
        Amit

        • Sreekanth Reddy says:
          November 21, 2016 at 6:18 pm

          Dear A N …May I know what ‘SWITCH’ are you referring to?
          Thank you for your appreciation!

          • A N says:
            November 21, 2016 at 7:10 pm

            Switch to using mfuindia.com for your transactions spread across “I invest in MFs through icicidirect.com, Directly by visiting fund house websites and also through Fundsindia ”

            Regards,
            Amit

            • Sreekanth Reddy says:
              November 22, 2016 at 11:58 am

              Dear A N,
              No specific reason. I am comfortable investing through the said modes/platforms.
              MFU, particularly is a good platform, and they are coming out of initial set-up issues (teething problems). I have to look it very soon.

              • A N says:
                November 23, 2016 at 11:12 am

                Cool, wanted to know if you’ve had or heard about any issues with it.
                I am looking for a good option to buy direct plans, will most probably go with it…thanks!

  • abhinav barsainya says:
    September 23, 2016 at 8:55 pm

    Dear Mr. Reddy
    I am a ardent follower of your blog.
    I want to invest 4 lacs lumpsum amount. please suggest where and in which way to invest ?
    It is better if i would invest in lumpsum amount in short term debt fund then in balanced fund through STP ?Please suggest. Wait for your prompt reply…

    • Sreekanth Reddy says:
      September 24, 2016 at 5:41 pm

      Dear abhinav ..If your investment horizon is atleast >3 years then you may consider the mentioned investment plan (STP).
      Read:
      Best Balanced funds.
      How to select the right mutual fund scheme based on measures of Volatility?

  • Abdul Raheem says:
    September 23, 2016 at 3:54 pm

    Sir good evening ,
    kindly suggest me to start new sip for the amount 15000/- per month .
    iam new in sip and shares.please suggest me where I invest . Shall I invest 15000/- one fund only or many funds . My age is 35 yrs . I want to invest 15 yrs long term .
    sir ,
    I want to invest lampsum amount 500000 lakhs also . So plz suggest where I invest .

    • Sreekanth Reddy says:
      September 23, 2016 at 7:57 pm

      Dear Abdul,
      You may consider investing in a Diversified equity fund + mid-cap fund + Balanced fund.
      Ex : Franklin Prima plus + HDFC Mid-cap fund + TATA balanced fund.
      For lump sum you may invest in balanced fund through STP (systematic transfer plan).
      Ex – From a debt fund to a balanced fund from the same fund house.
      Read:
      How to select the right mutual fund scheme based on Risk ratios?
      My portfolio picks!
      MF portfolio overlap analysis tools.

  • Radhika says:
    September 19, 2016 at 4:49 pm

    Hi Sreekanth,

    Hope you are doing good.
    I am a regular reader of your blog and I have taken your suggestion many a times.

    I have a query regd 1 time SIP investment I am planning to make.

    I have been investing in the following SIPs since 3 months now:

    *ICICI Prudential Value Discovery Fund G 3000
    *HDFC balanced Fund G3000
    *UTI Mid cap Fund G- 2000
    *Franklin India Prima Plus G- 2000

    Now I want to make a 1 time investment of 25K in mutual funds. It will be a long term investment(15 years).
    Please suggest if I should invest in one of the funds I am already holding or invest in a new fund?

    If you suggest adding to one of the funds I am already holding, will UTI Mid cap Fund be a wise choice?

    Please suggest.

    Best Regards
    Radhika

    • Sreekanth Reddy says:
      September 20, 2016 at 11:31 am

      Dear Radhika,..Why not in all the four funds 🙂 ?

      • Radhika says:
        September 20, 2016 at 12:28 pm

        Hi Sreekanth,
        Thanks for your response.

        Do you mean I should divide the 25K amongst all the 4 funds?
        Please let me know the procedure also for the same.

        Thanks in advance.

        Radhika

        • Sreekanth Reddy says:
          September 20, 2016 at 4:17 pm

          Dear Radhika ..Yes, Procedure?? You mean ratio of allocation?
          If so, may be you can allocate a higher % to Discovery fund & Mid-cap fund.

          • Radhika says:
            September 20, 2016 at 6:08 pm

            Thanks again Sreekanth!

            Say I have decided to invest as follows as per your suggestion:
            *ICICI Prudential Value Discovery Fund G – 8000
            *HDFC balanced Fund G-5000
            *UTI Mid cap Fund G- 8000
            *Franklin India Prima Plus G- 4000

            As I already have SIPs for the 4 funds, I wanted to know how to add additional amount to the existing funds. Is the procedure same as investing again afresh in the 4 MFs or is there any other way to add units to the accumulated units.

            Best Regards
            Radhika

            • Sreekanth Reddy says:
              September 21, 2016 at 11:16 am

              Dear Radhika ..I am not sure which online platform you are using. You can select the existing Folio Numbers and make additional investments.

              • Radhika says:
                September 22, 2016 at 1:56 pm

                Hi Sreekanth,
                Thanks for the response. It was very helpful.

                Best Regards
                Radhika

  • Vivek says:
    August 29, 2016 at 1:18 pm

    Hi Sreekanth,
    Wondefully written blog!!
    I am 31 yr of age and new to MF investing. risk profile: moderate/aggressive.
    My portfolio is as under :
    Axis Long Term Equity-G: 45000 Rs. Lumpsum
    HDFC Balanced-G: 1,95,000 Lupsump
    UTI Transportation and Logistics-G: 2,60,000 Lumpsum
    HDFC Mid-Cap Opportunities- G: 5000 SIP
    ICICI Pru Focused Bluechip Equity-G: 3000 SIP
    DSPBR Micro Cap Reg-G: 5000 SIP
    Franklin India High Grth Companies-D: 2000 SIP
    I am investing 15000 p.m on SIP. I want to invest another 5000 p.m on equity MF kindly suggest suitable. Would you suggest any deletion in existing portfolio. (investment horizon7-10 yrs.)
    For all lump sump my investment horizon is 3 yrs. Is my choices for these investment are correct (specially UTI transportation and logisitics).

    looking forward for your suggestion.

    • Sreekanth Reddy says:
      August 31, 2016 at 11:15 am

      Dear Vivek,
      Additional investment : You may consider investing in existing funds..
      UTI fund is a sector specific fund, if you understand and follow this sector closely then you may remain invested. Personally, I do not invest in sector or thematic based funds.
      Kindly read:
      MF portfolio overlap analysis tool.
      MF schemes & Risk ratios.

  • satya says:
    August 24, 2016 at 2:55 am

    Sir,

    I am new to SIP and shares. I want to invest 10000 rupees per month.Please tell me whether to invest in different funds ( around 10) or invest in 3 or 4 funds is better?. All funds are offering direct plans or not?. If i am checking top performers in internet, some funds are differing for one site to another site. Please suggest me correct website for checking top performers?

    Regards
    satya

    • Sreekanth Reddy says:
      August 25, 2016 at 1:01 pm

      Dear satya,
      You can visit Valuresearchonline or moneycontrol.
      Kindly read:
      Best Equity funds for 2016 – 2017.
      How to select the best mutual fund scheme?
      MF portfolio overlap analysis tool.
      My MF portfolio.

  • Atul says:
    August 23, 2016 at 12:40 pm

    Sir,
    Kindly Suggest me start new sip
    we have already 1 sip idfc premiem equity growth fund last 5 years

    • Sreekanth Reddy says:
      August 24, 2016 at 1:08 pm

      Dear Atul ..May I know your investment time-frame?
      Read:
      Best Equity funds 2016.
      How to select best MF scheme?

  • sachiienjaain@gmail.com says:
    August 20, 2016 at 12:27 pm

    Hi Sir, i have a 10 month old daughter and worried about her education and marriage. where i should invest money to cater her education needs and marriage needs.

    my frnd suggest me to go with sukanya scheme for her marriage and SIP for her education need. if SIP is good then which fund should i take.

    please reply.

    • Sreekanth Reddy says:
      August 22, 2016 at 11:16 am

      Dear sachiienjaain,
      Suggest you to kindly first calculate the required amount of savings to reach the goal target values. If you are falling short of the required savings, you may gradually increase the contributions/SIP amounts so that you can achieve the goal amounts.
      Read:
      How to calculate the Future Value of your investments?
      Kid’s education goal planning and calculator.

      Sukanya scheme is a decent option : Read My review..

      Do you have sufficient life insurance and health insurance coverage?

      Read: List of articles on key aspects of Personal Financial Planning.

  • bhanudas gaonkar says:
    August 9, 2016 at 10:08 am

    sir,
    Please give your advice on POSTAL LIFE INSURANCE [ PLI] MERITS AND DEMERITS is it a good option.

    bhanudas gaonkar

    • Sreekanth Reddy says:
      August 10, 2016 at 11:46 am

      Dear bhanudas,
      If your requirement is life cover (insurance cover), kindly buy a Term insurance plan, which is not offered by Post office. The plans offered by PLI are traditional plans only which can be avoided.
      Read:
      If life is unpredictable, insurance cant be optional.
      Traditional life insurance plans – a terrible investment option.
      Best term insurance plans.

  • Kumar says:
    August 4, 2016 at 8:29 am

    Hi,
    How is the performance of below funds ? Is it OK for long term SIP ?
    UTI – Transportation & logistic fund
    UTI – MNC fund
    UTI – Midcap fund

    Regards,
    Kumar

    • Sreekanth Reddy says:
      August 5, 2016 at 11:51 am

      Dear Kumar ..May I know your investment objective & time-frame?
      Read: Best Funds 2016.

      • KUMAR says:
        August 5, 2016 at 12:41 pm

        Hi,
        I am 47 year old NRI , wish to invest in SIP for 10 years to achieve retirement corpus.

        • Sreekanth Reddy says:
          August 6, 2016 at 4:24 pm

          Dear KUMAR,
          Kindly go through below articles;
          Retirement planning goal calculator.
          List of best investment options.
          Fatca Compliance & NRI investments.

  • Chirag says:
    July 31, 2016 at 3:15 pm

    Hi.. I am Chirag,age 23 years. I want to invest 3-4K in 3 different funds through SIP (for a beginning). I will increase investments in coming years though. Of these 2 mutual funds, I want one of them for short term(5 years) with 12-14% return. Other one for long term(>10 years).

    I will buy new long term funds in few years. Which 3 funds should i buy as said earlier?

    • Sreekanth Reddy says:
      August 1, 2016 at 7:00 pm

      Dear Chirag,
      For 5 year time-frame, you may consider a balanced fund ; Ex – TATA Balanced fund / HDFC balanced fund.
      Long term > 10 years, you may consider one diversified equity fund + one mid-cap fund. Ex – ICICI Value discovery fund & HDFC Mid-cap opp fund.
      Read:
      Best Equity funds 2016.
      How to select the best mutual fund based risk ratios.
      MF portfolio overlap analysis tools.

  • ramesh says:
    July 29, 2016 at 3:30 pm

    Hi sir… I am ramesh.. age-28..
    I am new to mutual funds …which type of MF (SIP) I should take for 30 years….PLZ INFORM SIR ….and also how much invest for monthly..(fund name.)..my target is like a (needi)

    • Sreekanth Reddy says:
      July 30, 2016 at 10:51 am

      Dear ramesh,
      You may kindly start with a balanced fund. Ex – HDFC Balanced fund / TATA balanced fund.
      Read: Best Balanced mutual funds.

  • varinder singh says:
    July 10, 2016 at 12:05 am

    I want to invest lum sum 2,lac and sip of 15000 to 20000. My term will be 5 to 10 years please suggest.

    • Sreekanth Reddy says:
      July 11, 2016 at 11:24 am

      Dear varinder,
      Lump sum can be invested in a balanced fund.
      For SIPs you may consider one Diversified equity fund and one mid-cap fund.
      Kindly read:
      Best Balanced funds.
      Best Equity funds 2016.

  • Sovit says:
    July 5, 2016 at 9:57 pm

    I want to invest for 20-25 years, please suggest me best Equity mutual fund, my goal to make more then 1cr for children education and house etc. Please let me know the parameters i should consider. what should i do, if fund doesn’t perform well in the middle.

    is it better to choose the very older fund whose inception is early 90s?

    • Sovit says:
      July 5, 2016 at 10:00 pm

      i can invest 5k per month through SIP

      • Sreekanth Reddy says:
        July 6, 2016 at 3:59 pm

        Dear Sovit,
        You may consider investing in One equity diversified fund like Franklin Prima plus and in one Mid-cap or small cap fund.
        Read:
        Kid’s education goal planning & calculator.
        Best Equity funds 2016.
        List of best investment options.

        • Sovit says:
          July 6, 2016 at 11:44 pm

          Thanks a lot 🙂

  • Manish says:
    June 24, 2016 at 6:49 pm

    Hi, thanks for the post. I want to invest around 3k to 5k in SIP plans which can also helps me in TAX saving. What will be maximum duration I can incest in SIP for any plan ? I wish to invest in SIP for atleat 15 years to get max benefir or even more than that.

    • Sreekanth Reddy says:
      June 25, 2016 at 6:53 pm

      Dear Manish,
      You may consider investing in an ELSS fund (tax saving) & in one mid/small cap fund.
      Ex : Axis Long term equity fund (Tax saving) & Franklin Smaller companies fund.
      Read:
      Best Tax Saving mutual funds.
      Best Equity funds 2016.
      List of best investment options.

  • dr mahendra gudhe says:
    June 21, 2016 at 1:46 pm

    hi , i want to invest in SIP for 3 year. 5000 in 3 different SIP . kindly suggest me for the same…

    • Sreekanth Reddy says:
      June 22, 2016 at 11:13 am

      Dear Mahendra..You may consider a balanced fund.
      Read: Best Balanced funds .

  • sukhen biswas says:
    June 7, 2016 at 9:32 am

    Last year I invested 1k on idbi equity advantage growth plan. now im going to invested near 5k on sip.which sip suitable for me..

    • Sreekanth Reddy says:
      June 7, 2016 at 6:36 pm

      Dear sukhen,
      Before shortlising any investment avenue, kindly identify your financial goal, objective and time-horizon.
      May I know your time-frame for this investment?
      Kindly read below articles;
      How to create a solid Investment Plan?
      Best Equity funds 2016.
      What are Large/Mid/Small-cap Funds?

  • Priya says:
    June 2, 2016 at 6:44 pm

    Sorry I forgot to ask another question, Is it necessary to remain invested once started? I invested 30K in reliance last year, do I need to keep investing in it every year?

    • Sreekanth Reddy says:
      June 3, 2016 at 2:39 pm

      Dear Priya..No its not necessary. But your investment is locked for 3 years (in ELSS funds).

  • Priya says:
    June 2, 2016 at 6:42 pm

    Hi Sreekanth,

    I am also new to MFs and I started last year with Reliance ELSS and invested 30K lumpsum for tax saving purpose. This year looking at the current best performing portfolios I invested 30K lumpsum again in Axis LT equity fund. I still wanted to invest 50K in nps to save tax but looked at various articles on not going that route and instead invest in mutual funds. Can you please advise me which fund I should invest in, I am not looking at tax saving elss only any best consistent mutual fund with moderate to low risk for 50, 0000 lumpsum investment or if you think SIP is better I will do that.

    Thanks,

    Priya

    • Sreekanth Reddy says:
      June 3, 2016 at 2:39 pm

      Dear Priya..Let me know your investment horizon?
      You may consider investing in a balanced fund.
      Read:
      Best Balanced funds.

      • rajni says:
        June 3, 2016 at 8:19 pm

        I am considering mfs instead of nps after reading lot of negative reviews about nps.

        I want to invest 50k every year for next 5-10 years. After going through your blog’s I shortlisted icici discovery & Franklin small companies fund. But please advise me if that’s not a right choice.

        • Sreekanth Reddy says:
          June 4, 2016 at 7:59 pm

          Dear Rajni,
          In case if your investment horizon is around 5 years then you may add a balanced fund by reducing the allocation to small cap fund.

  • Rajib Das says:
    May 31, 2016 at 10:54 pm

    Hi…
    I want to invest 5k pm for long time through sip say 15 to 20 years…
    I have selected 3 funds
    I.e. 1. Mirae Asset Emerging Bluechip
    2. Franklin Smaller Companies
    3. DSP BR Microcap
    Please suggest another 2 funds that’s suits with above funds.
    Want to invest 1k per fund…..

    • g pratap says:
      June 2, 2016 at 3:06 pm

      I think ur choice is aggressive. Tone it down with a balanced/long term funds like blue chips & balanced ones.

    • Sreekanth Reddy says:
      June 3, 2016 at 12:24 pm

      Dear Rajib,
      Individually, all the three shortlisted funds are good ones, but kindly check their portfolio overlap percentages.
      Not advisable to invest in too many funds and that too from the same fund category though you have a long-term view.
      Read:
      Mf portfolio overlap analysis tools.
      Best Equity funds 2016.

  • tejas says:
    May 29, 2016 at 7:35 pm

    hello sreekanth
    as per our last conversation i would like to invest in below sip i want your golden advise for the same
    1.Franklin India High Growth Companies Fund
    2.Franklin India Smaller Companies Fund
    3.uti mid cap fund
    4.HDFC Small and Mid Cap Fund
    5.mirae emerging blue chip fund

    my invest amount is Rs.1000k to 3000k monthly,currently i m 24 years
    & can u tell me the detail procedure (by link) to online invest in SIP so that no broker is involved.
    plus i want to study further (in taxation stream) so is there any investment plan to set-off my education expenses that i want bear on my own.one more thing do u have any short term plan of investment.
    i am waiting for your response.

    • Sreekanth Reddy says:
      May 30, 2016 at 8:01 pm

      Dear Tejas,
      You have two mid-cap oriented and two small cap oriented funds. So, kindly check for portfolio overlap on higher side if any among these funds.
      Read: MF portfolio overlap analysis tools.
      You can invest in Direct plans for better returns.
      Read:
      What are Direct Plans of Mutual Funds?
      MF Utility Platform for direct plans.
      Direct plans Vs Regular plans – Returns comparison.
      Are you planning to take Education loan?

      • TEJAS says:
        June 1, 2016 at 9:17 pm

        THANK U SREEKANTH FOR YOUR ADVISE THIS ADD MORE KNOWLEDGE TO MY MUTUAL FUND INVESTMENT (SIP),AND I AM NOT TAKING ANY EDUCATIONAL LOAN.

  • vimal says:
    May 29, 2016 at 7:01 pm

    Dear sree,

    Want to go for long term sip investment with high risk-

    1-want to invest in all field like:- IT, medical,infra etc.
    2- want to go for more than 20 year.
    3-investment amount will be 3000PM
    4-which one will be good equity sip mf or diversified sip mf.
    5- want liquidity also in SIP.

    Thanks for your great advice.
    Vimal

    • Sreekanth Reddy says:
      May 29, 2016 at 7:49 pm

      Dear Vimal,
      All open-ended MF schemes have high liquidity..
      You may consider couple of funds , one mid-cap & one small cap. Ex – Mirae Asset Emerging Bluechip Fund & DSP Micro fund.
      Read:
      Best Equity funds 2016.
      What are Large/Mid/Small cap funds?

  • Ajay says:
    May 26, 2016 at 3:02 pm

    Hi Sreekanth,
    I would like to invest in EMF SIPs. As a beginner to this I have some basic doubts, might be stupid doubts. Based on my understanding I will get more profit if I invest for long years, like 10 years or more . How ever in the list you showed the SIP return for 3 years is larger, compared to 5 and 10 years. I couldn’t understand it.

    Ajay

    • Sreekanth Reddy says:
      May 28, 2016 at 10:57 am

      Dear Ajay,
      Investing for longer-period or shorter-period in Equity oriented products does not GUARANTEE you higher returns, the point we need to understand is given the fact that equity products have high risk profile, longer the time-frame the higher the probability of getting better returns.
      If equity markets perform well say in next 1 year giving abnormal returns, then if you compare next 1 year returns with say previous 2 year returns then you may find that in short-term the returns are higher. So its all about volatility & probability.

  • Dipankar says:
    May 25, 2016 at 4:38 pm

    Hi Sreekatnh,

    I am Dipankar ,25 yrs old from chennai. I have been investing in SIP from last 1 year.

    Below are the mutual funds currently running and I am ready to take up 4 more MFs this year with Rs 1000/- per month per MF. Please let me know on which MFs I should invest for next 10 years with tax benefit as well.

    1) Axis Long term Eqity fund-Growth-1000/-
    2) Mirae Asset emerging Blue chip fund-Regular plan growth-1000/-
    3) Reliance equity opportunities fund- 1000/-
    4) Sundaram select mid capregular plan growth-1000/-

    • Sreekanth Reddy says:
      May 26, 2016 at 11:17 am

      Dear Dipankar,
      I believe that investing in too many funds might not be really beneficial.
      Also, there are better funds than Reliance equity oppor fund. Since you have sundaram fund which is again a mid-cap fund you can invest in this fund instead of reliance fund.
      For tax saving purposes, you can make additional investments in Axis LTE fund itself.
      Read:
      Best Equity funds 2016.
      What are large/mid/small cap funds?
      My MF portfolio picks.

  • Neha says:
    May 24, 2016 at 6:07 pm

    Hi Sreekanth,

    Highly informative blog. I am 25 year old and want to do short term investment through SIP. Presently I am earning 30,000 per month and I am not investing in LIC or any SIPs . Can You suggest few SIPs with 3-5 years of investment that offers low risk and provide tax saving as well along with high returns.

    Thanks
    Neha

    • Sreekanth Reddy says:
      May 25, 2016 at 1:09 pm

      Dear Neha,
      Kindly note that if you are expecting higher returns you got to be ready for volatility (risk).
      You may consider investing in ELSS funds for tax saving purposes, but kindly note that these are equity oriented funds, with 3 year lock-in period. Units allotted under each SIP will be locked for 3 years. You may also have to remain invested for atleast 5 years or so.
      Kindly read:
      Best ELSS Funds 2016.
      List of best investment options.

  • Mohammed Vakil says:
    May 22, 2016 at 1:06 am

    Hello sir …I am mohammed govt employee ..Sir you are providing excellent guidance for all types of investors especially for beginners like me .Sir I want your guidance for following
    1.Recently I started SIP of 2000₹ in HDFC MID CAP OPP. my uncle suggested me.What is your views about it.
    2.Please suggest me 2 more funds.I want to invest 2000-2000 for each.

    • Sreekanth Reddy says:
      May 22, 2016 at 11:59 am

      Dear Mohammed,
      1 & 2 – It is a decent fund. But may I know your investment horizon?
      Thank you for your appreciation.

      Read:
      Best Equity funds 2016.
      My MF portfolio picks.
      MF portfolio overlap analysis tools.

  • nitin says:
    May 15, 2016 at 1:18 pm

    Dear shrikanth
    I have 50lacs as my Vrs corpus which I want to invest in only equity mutual funds for 7 years for wealth creation. At present have sip 2000 each in following funds .
    1) SBI blue chip
    2) Hdfc Midcap opportunity
    3)Icicii focused blue chip
    4)Icici value discovery

    Pls advise can I invest corpus in lumsum in above funds or you want suggest some more funds

    Regards

    • Sreekanth Reddy says:
      May 16, 2016 at 1:28 pm

      Dear nitin,
      All the funds are good ones and portfolio looks fine.
      Are you dependent on the income/gains generated by this corpus after 7 years? (or) do you have any other source(s) of income?

  • Mahesh says:
    May 14, 2016 at 4:39 pm

    Hi Sreekanth,
    Happy to interact with you again, small inquiry about SIP.

    I have been investing through SIP HDFC TOP 200 G, monthly amount of Rs. 2000/- for last 3.6 years.

    present statistics: my total investment: 86,000/-
    present value: 1,01,130/-

    my requests:
    1. i have studied that this fund is under performing for last couple of months
    2. can i wait some more time by investing in the same
    3. can i change the fund. if so, which fund have to choose and what will be my benefits
    4. or can i stop investing in this, and let the amount retained and will withdraw when fund is performing well

    please help in this regard,

    Mahesh

    • Sreekanth Reddy says:
      May 16, 2016 at 12:23 pm

      Dear Mahesh,
      1 & 2 – This fund has been under-performing its peers for more than couple of months. But we can give it some more time. You may consider to discontinue future SIPs and hold on to the existing units (as of now).
      3 & 4 – May I know your investment objective(s) & horizon??

  • Namachivayam U says:
    May 10, 2016 at 5:22 pm

    Hi,

    I am planning to start investment in Mutual Funds. Monthly, I can invest INR 20,000 through SIP. My choice of investment in the following funds and my investment horizon will be 6 Years
    1. SBI Blue Chip – INR 12000
    2. Tata Balanced Fund-INR-5000
    3. L&T Infra- INR 3000

    Suggest me.

    • Sreekanth Reddy says:
      May 12, 2016 at 2:38 pm

      Dear Namachivayam,
      Instead of LT fund you may consider one diversified equity fund. Ex – Franklin Prima plus.
      Read: Best Equity funds 2016.

  • Amol Raut says:
    May 8, 2016 at 7:19 am

    Hi shreekanth,
    I wanted to analyze my sip portfolio, pls help…
    M having following SIPs…
    SBI Magnum mid cap fund 22k, Reliance small cap fund 5k, Axis mid cap 1k, L&T business cycle fund 2k, uti transportation &logistics fund 2k, HDFC mid cap opp 2k , ICICI Prudential value discovery 2k, SBI pharma 2k,SBI small and mid cap 2 k, DSP be micro cap fund 3k,mirae asset bluchip emerging fund 3k.
    Pls guide…

    • Sreekanth Reddy says:
      May 17, 2016 at 2:52 pm

      Dear Amol,
      Too many funds. Suggest you to trim down your portfolio. Multiple Funds within the same fund category can be avoided.
      Kindly read:
      Best Equity funds.
      MF portfolio overlap analysis tools.
      What are Large/Mid/Small cap funds?

  • Mahesh says:
    May 7, 2016 at 10:42 am

    Hi Sreekanth,
    Happy to interact with you again, small inquiry about SIP.

    I have been investing through SIP HDFC TOP 200 G, monthly amount of Rs. 2000/- for last 3.6 years.

    present statistics: my total investment: 86,000/-
    present value: 1,01,130/-

    my requests:
    1. i have studied that this fund is under performing for last couple of months
    2. can i wait some more time by investing in the same
    3. can i change the fund. if so, which fund have to choose and what will be my benefits
    4. or can i stop investing in this, and let the amount retained and will withdraw when fund is performing well

    please help in this regard,

    Mahesh

  • syed says:
    May 2, 2016 at 10:01 am

    Dear Shreekant sir,

    I am 30 years old i have one son 1 year old please advice me which SIT is best for 20 years for my son , education and marriage .with maximum beneficent and low tax’s and maximum return

    • Sreekanth Reddy says:
      May 3, 2016 at 12:35 pm

      Dear Syed,
      You may consider investing in Diversified equity fund & mid/small cap funds.
      Kindly go through below articles;
      Best Equity funds 2016.
      List of best investment options.
      Kid’s Education goal calculator.
      Blocks of financial planning pyramid.

  • Sandip says:
    May 1, 2016 at 7:23 pm

    Hi

    I am 32 years old only earning member of my family consisting of my parents, spouse and a 4 year boy.
    I invest 25000 every month in MF and the SIPs are as follows:

    1) Axis Long Term Equity Fund Direct Growth – 6500
    2) Birla Sun Life Frontline Equity Fund Direct Growth – 6500
    3) DSP – BR Micro Cap Fund RP Direct Growth – 3000
    4) Can Robeco Emerging Equities Direct Growth – 3000
    5) IDFC Premier Equity Fund Regular Growth – 3000
    6) SBI Paharma Direct Growth – 1500
    7) Birla Sun Life India GenNext Fund Direct Growth – 1500

    I have RD of 20000 pm @ 9% hence no Balanced or debt fund. Please consider tax rate at zero % for this analysis.

    Please advice on fund selection.

    My investment horizon is 15 years for 2 goals (a) my sons education fund and (b) my retirement kitty.

    Looking forward to your kind advice.

    Thanks and Regards

    • Sreekanth Reddy says:
      May 3, 2016 at 11:33 am

      Dear Sandip,
      May I know the reason for choosing RD? and what is RD tenure?
      Kindly read:
      Why one should avoid saving in RDs/FDs for longer period?
      What is Real Rate of Return?
      Individually if we look at your MF schemes they look good. But you can trim down your portfolio a bit.
      Read:
      MF portfolio overlap analysis tools.
      Retirement planning goal calculator.
      Kid’s education planning goal calculator.

      • Sandip Goyal says:
        May 12, 2016 at 9:14 am

        Hi,

        First of all I would like to thank you for taking time to address my query.

        My RDs are for 10 years basically to lock in good rates before they goes down. There is no tax incidence hence the post tax return is 9% which I felt is more or less at par with debt funds but with better certainty.

        I went though the articles mentioned above but it would really helpful if you can help me make a better portfolio. I have around 6 lakhs sitting with me for quite some time which I am not able to invest as I am not sure of my fund mix.

        Looking forward to hear from your soon.

        Thanks

        • Sreekanth Reddy says:
          May 12, 2016 at 12:26 pm

          Dear Sandip,
          But the interest income on RDs is taxable, right?
          As you are planning for long-term goals, you can consider continuing your exiting funds.
          Kindly use the calculators provided in the links and arrive at approx required amount of savings and then you may prioritize your investment decisions.
          By the by are you adequately insured (life insurance & health insurance)?

          • Sandip Goyal says:
            May 13, 2016 at 10:50 pm

            The RDs are in the name of my parents who have only interest income from FDs which is below taxable limit hence the RD interest also becomes tax free. Thus the effective return is 9%.

            Further I have 6 lakh to invest now, if the fund selection is OK, shall I go ahead and invest these now in addition to my SIPs.

            Also, do you suggest investing in silver from a long term perspective.

            Regards
            Sandip

            • Sreekanth Reddy says:
              May 14, 2016 at 3:32 pm

              Dear Sandip,
              You may consider below funds (part of your existing portfolio) for investing the lump sum amount. Assuming that these are for long-term..
              1) Axis Long Term Equity Fund Direct Growth – 6500
              2) Birla Sun Life Frontline Equity Fund Direct Growth – 6500
              3) DSP – BR Micro Cap Fund RP Direct Growth – 3000

              Historically, Gold / silver can generate returns which are on par with inflation rates. Personally, I do not invest in Gold/Silver for long-term investment needs.
              Kindly read: Gold – Is it still the safest & risk-free investment?

              • Sandip Goyal says:
                May 16, 2016 at 12:52 pm

                Thanks a lot Sreekant

                It was great to discuss things with you and receive important insights.

                Your blog is really helpful.

                Regards
                Sandip

  • John says:
    April 24, 2016 at 3:15 pm

    Sir,
    Thanks for your article and blog. I have learned basics of investment from this blog.
    I am 35 years old and NRI from Kuwait. I have selected some funds and created two portfolios of Rs. 10000 each (two goals) for 15 years time horizon.I have enough insurance and a rd of rs. 5000 monthly. Kindly go through the portfolios and give me a opinion about these portfolio and allocation.

    Portfolio 1.
    a.SBI Bluechip Direct – Growth – 20%
    b.ICICI Value discovery Direct Growth-25%
    c. UTI mid cap Direct – Growth -15%
    d. Franklin India Smaller cosDirect – Growth-15%
    e. L&T India Prudence Direct – Growth-25%

    and Portfolio 2.
    a.Birla SL Frontline Equity Direct – Growth-20%
    b.Franklin India Prima plus Direct – Growth-25%
    c. HDFC mid-cap Opportunities Direct – Growth 15%
    d.Reliance Small Direct – Growth-15%
    e.TATA Balanced Direct – Growth-25%

    Thanking You
    John

    • Sreekanth Reddy says:
      April 25, 2016 at 11:23 am

      Dear John,
      May I know the reason for investing in monthly RD? any specific goal?
      Portfolios look fine.

      • John says:
        April 25, 2016 at 11:41 pm

        Sir,
        Thanks for your reply.RD only means of diversification of investment. So I can go ahead with this portfolios?
        Thanks for your advice.

        • Sreekanth Reddy says:
          April 27, 2016 at 4:16 pm

          Dear John,
          You may accumulat Emergency Fund of say 6 to 12 times of your monthly living expenses through RD.
          Beyond which you can opt for better investment avenues (may be MFs) instead of RD.
          Kindly read:
          Why it is better to avoid investing in RDs/FDs for longer period?

  • Vinod says:
    April 22, 2016 at 12:37 am

    Hello Mr. Sreekanth Reddy,

    I am 26 year old and new i got married just, I want to do SIP for 1000 rs for 5 year. Could you please suggest in which organization or platform I have to do SIP.

    • Sreekanth Reddy says:
      April 22, 2016 at 12:39 pm

      Dear Vinod,
      You may consider investing in a balanced fund like HDFC Balanced fund.
      You can use MF Utility platform to invest or through any MF agent or any distribution platform.
      Read:
      MF Utility online platform.
      How to get ekyc done?
      Best Balanced funds.

      • Vinod says:
        April 23, 2016 at 3:13 am

        Hello Sreekanth Reddy,

        Thanks a lot for your valuable suggestions.
        Now I just want to know about what is your opinion to invest in Mutual Funds or SIPs through FundsIndia organization.

        Also let me know other organization or platform where I can do invest in MF or SIP.

        Once again Thanks for valuable support.

        Regards,
        Vinod

        • Sreekanth Reddy says:
          April 25, 2016 at 10:36 am

          Dear Vinod,
          Platforms like Fundsindia may not charge you any Transaction fees from their clients and they get commission from the fund houses. Its a decent platform but kindly note that you may not be able to invest in Direct plans of MF schemes.
          Personally, I invest through Fundsindia. Kindly take consider this as a suggestion only.

  • Lucy says:
    April 14, 2016 at 10:41 pm

    Hey Sreekanth,

    Really impressed with your blog. Even I would like to seek your advice as I am so confused with the quality of my investment and their return.
    I am 35 yrs, I plan to invest 5000 per month in SIP with a long term perspective. My questions are:
    *Should I stop any of the below investments and allocate that as well to SIP?
    *What SIP tenure should be apt for me?
    *Which funds would you recommend and for what duration?

    Any suggestion from your side would be very helpful.

    Below are my current investment.
    2016 VPF contribution: 12000/month
    RD with SBI: 11000/month for 7 yrs at 9% matures in 2021
    RD with SBI: 2500/month for 10 yrs at 9.25% matures in 2021
    RD with ICICI: 10000/month for 1.5 yrs at 8.25% matures in 2016
    LIC-Jeevan anand 149: Premium 1 Lac/year for 17 yrs (matures in 2031): Sum Assured: Rs 15 Lac
    LIC Plan 14: Premium 20000/year for 21 yrs(matures in 2026).Sum Assured: Rs 4.3 Lac

    Thanks,
    Lucy.

    • Sreekanth Reddy says:
      April 15, 2016 at 3:44 pm

      Dear Lucy,
      1 – Any specific investment objective(s) for creating RDs?
      Kindly read: Why one should avoid investing in FDs/RDs for longer period?
      2 – Lic Jeevan Anand : If you have paid 3 policy premiums, you can surrender the policy else you can just discontinue paying the premiums (let the policy lapse).
      3 – LIC Plan 14 is an Endowment plan. You may make it a PAID-UP policy.
      Kindly read:
      How to get rid of unwanted life insurance policy?
      Term insurance Vs Traditional plans.
      4 – If you have dependents and/or have financial liabilities/obligations, you can buy a Term insurance plan with adequate life cover before discontinuing the above two life insurance policies.
      Read:
      If life is unpredictable, insurance can’t be optional.
      Best Term insurance plans.
      5 – The SIP duration, amount & exact Schemes are dependent on your Financial Goal(s). May I know your financial goal(s0.

      • Lucy says:
        April 17, 2016 at 3:03 am

        Thanks Sreekanth for your response. Answer to your questions are as below:

        1 Objective to open RDs was to grab high bank interest rate and save maximum I can, also was not very confident about SIP at that point of time. But I am ready to close these based on your advice.
        2. I do plan to take term insurance plan after reading your article.
        3. Goal: As me and my husband plan to expand our family I want to have a bright and secure future both for our kids and our Retirement Corpus.
        4. Do you think I should continue with my VPF contribution?
        5. Please advice where should I invest and how much for high Retirement Corpus and for what duration?

        Thanks,
        Lucy.

        • Sreekanth Reddy says:
          April 18, 2016 at 3:43 pm

          Dear Lucy,
          1 – You can accumulate around 6 to 12 times of your monthly living expenses in FDs/RDs towards ‘Emergency Fund’ and anything beyong that amount its may not be a prudent thing to invest in FDs/RDs. You may also consider Liquid mutual funds for contingency fund.
          Read:
          Types of Debt mutual funds.
          Best Debt Mutual Funds.
          2 – Kindly take a term plan at the earliest.
          3 – Read:
          Kid’s Education goal & calculator.
          Retirement planning goal & calculator.
          4 – You may switch VPF to equity mutual funds for next 5 to 10 years. You may consider a balanced fund instead.
          Read: Top balanced funds.
          5 – Duration: You may have to decide (but atleast 10 years or so). You may invest in a Diversified equity fund + Balanced fund + Mid-cap oriented fund till atleast 5 years before your planned retirement age. Last few years before the retirement kicks in, you can switch to safe investment avenues (if required).
          Read:
          Best Equity funds 2016.
          List of Best Investment options.

  • Ram Varma says:
    April 6, 2016 at 5:24 pm

    Hi Sreekanth ,

    I wish to invest Rs.5000/- per month.
    So can you suggest which SIPs to invest in 2016-2017.

    Regards,
    Ram

    • Sreekanth Reddy says:
      April 8, 2016 at 12:11 pm

      Dear Ram ..Kindly read: Best Equity Funds for 2016.

  • BennyJose says:
    April 1, 2016 at 6:42 pm

    Dear Sreekanth,

    Iam 50 years old ..I have some fixed deposits as savings but no other investment schemes.Now i would like to invest in SIP for a period of 5 years.I can invest about Rs 10000/month.Kindly advice ,best funds suitable for me.

    • Sreekanth Reddy says:
      April 3, 2016 at 9:40 am

      Dear Bennyjose,
      Kindly consider investing in balanced funds.
      Read:
      Best balanced funds.
      MF portfolio overlap checking tools.
      List of best investment options.

  • Pankaj Sonawane says:
    March 28, 2016 at 12:28 pm

    Hi,

    Sreekanth thanks a lot for such a valuable portal for small investors like us . Can you please recommend a fund which is least risky with no lock in period and low exit load for the period of 1 year . I want to start an SIP for 1 year .

    Thanks & Regards,
    Pankaj

    • Sreekanth Reddy says:
      March 28, 2016 at 12:32 pm

      Dear Pankaj,
      If your investment horizon is less than 1 year, do not invest in equity mutual funds.
      Suggest you to read :
      Best Debt Funds.
      List of best investment options.

  • somya says:
    March 27, 2016 at 7:20 pm

    sir, i am willing to invest rs.500 p.m initially for 3 years. and then will increase it gradually for a period of 10 years.
    please suggest best return giving sip plans to invest in for rs.500 p.m

    • Sreekanth Reddy says:
      March 28, 2016 at 12:07 pm

      Dear somya..You may start with HDFC balanced fund.

  • Jithya says:
    March 24, 2016 at 9:16 pm

    Hello Shree,

    I have started investing in HDFC Balanced fund and Birla MNC funds both 5000 every month since September 2015. But as per my current situation I would be able to invest only till May 2017. So can I reduce the instalment amount to 500 for the next two years. And would that be beneficial?

    • Sreekanth Reddy says:
      March 25, 2016 at 12:47 pm

      Dear Jithya..Do you need this money in 2017? If so, suggest you to switch to safer investment avenues.
      Read : List of best investment options.

      • Jithya says:
        April 6, 2016 at 8:09 am

        Hi shree,

        I won’t be needing it in 2017. But I’ll be investing 500 bucks from that year on.

        • Sreekanth Reddy says:
          April 8, 2016 at 12:09 pm

          Dear Jithya..You may do so. Both are decent funds.

  • amit says:
    March 23, 2016 at 5:13 pm

    Dear Shreekant,

    Is it possible to withdraw part of PF and invest in SIP? I am looking to invest 2500 PM for 10 years and one time if PF can be withdrawn.
    Please suggest best SIP option to invest.

    • Sreekanth Reddy says:
      March 25, 2016 at 11:06 am

      Dear amit,
      If you are employed you can withdraw your PF (partial withdrawal) for certain purposes only.
      Read: EPF partial withdrawal rules.

      Also, read : Best Equity funds for SIP in 2016.

  • Tuku says:
    March 21, 2016 at 9:35 pm

    Dear Sir, I am willing to invest in mural funds but confuse which is the best for starting. Willing to invest 2000/- p.m, long term basis .income 19000/- p.m . insurance family coverage 300000/- p.a , age 30yrs. Please advice.

    • Sreekanth Reddy says:
      March 22, 2016 at 9:57 pm

      Dear Tuku,
      Is Rs 3 Lakh one a life insurance policy or health insurance policy?
      You may start with a balanced fund. Ex : HDFC Balanced fund.
      Read : Best Balanced funds.

  • Rakshith MJ says:
    March 21, 2016 at 1:24 pm

    Hi Sreekanth,

    I am planning to invest on ELSS, to start with I would like to contribute 5000 INR initially and look to increase depending on its performance. Below are some of the questions I have:

    1. Which among the above ELSS would you recommend (In terms of reliability)?
    2. What is the term I should consider for better returns?
    3. What are the tax implications If at all I discontinue this investment?
    4. Can I increase the principle amount mid of the term?

    Look forward for your response.

    Regards,
    Rakshith

    • Sreekanth Reddy says:
      March 21, 2016 at 7:33 pm

      Dear Rakshith,
      1 – Kindly read : Best ELSS Tax saving mutual funds for 2016.. My picks are : Franklin Taxshield / Axis LTE funds.
      2 – As long as possible. May I know your financial goal(s).
      3 – Read : Mutual funds taxation rules..
      4 – Yes.

  • sourabh says:
    February 23, 2016 at 8:53 pm

    Sir i puchased HDFC pro life plus in Feb 2015 with Rs 3333.00 monthly amount for 20 years. But now my total fund value is only Rs 32000.00 ( Rs 39996.00 investment done till date), i purchased this product so as to get handsome monthly pension after 20 years by depositing the corpus amount in some Annuity plan. now please guide me if i should discontinur this plan and invest in some SIP as now my fund values is also less than my investment.
    Also in Sips their is not/less deductions/charges so fund value will be more .
    Also mu main aim is Investment and not insurance cover.
    Please guide me if i should withdraw mu money from this HDFC Plan (also consider the loss of my surrendering the policy charges)

    • Sreekanth Reddy says:
      February 24, 2016 at 12:20 pm

      Dear sourabh,
      Kindly note that these are your long-term investments.
      But I prefer to invest in equity mutual funds instead of pension policies. Do note that the maturity proceeds are taxable and annuity income is also taxable (as per current tax laws).
      But surrendering your pension policy can be a costly affair.

      Surrendering the pension plan before maturity has serious tax implications. First of all, the premiums that you have claimed as part of deduction under section 80C will be reversed and you will have to pay tax on it. Secondly, the entire surrender value will be added to your income and you will have to pay tax on it according to your tax slab. According to latest rules of IRDA, 2/3rd of the surrender value received should be used to purchase annuity plan.

      If your are not satisfied with its performance, you may just discontinue your policy. Do check this with your agent too.

    • manoj barve says:
      March 1, 2016 at 6:12 pm

      dont worry
      you started a sip at a wrong time

      but holding it for long term (more than 8 years) nullifies the negative effect of investing at wrong time

      so continue with your plans for 20 years
      contact me for completely free advice
      trust me
      call me +91 8979082572

      • Sreekanth Reddy says:
        March 2, 2016 at 11:48 am

        Dear manoj..May I know as to Why do you think ‘its a wrong time’ to invest??

      • Srikanth Matrubai says:
        March 8, 2016 at 8:28 pm

        Arre Manoj,
        Why is the timing WRONG?
        Whats your logic?
        Can you please throw light on this???

  • siba says:
    February 17, 2016 at 7:24 pm

    Hello srikanth.Plz suggest which is best for long term savings in mutual funds with moderate risk

    • Sreekanth Reddy says:
      February 18, 2016 at 10:35 am

      Dear Siba..Equity diversified fund & Balanced fund can be considered.
      Read : Best mutual funds for 2016.

  • Roy says:
    February 15, 2016 at 5:36 pm

    Hello Sreekanth,

    Would like to invest a lumpsum of 1.5 lacs with a horizon of 3 1/2 yrs the same being required for my kid’s ceremony.

    Looking at a return of around 12 to 15 % and hence a amount of around 2.1 to 2.3 lacs on maturity.

    Considering the current volatility in the mkt which would be a good mf to invest in considering my investment horizon.

    Thank you .

    • Roy says:
      February 15, 2016 at 6:05 pm

      Would it be advisable to invest in the balanced fund category say a Tata balanced fund (sip in this fund already ongoing with a 10-15 yr horizon) or do you suggest any other fund category.

      • Sreekanth Reddy says:
        February 15, 2016 at 7:52 pm

        Dear Roy,
        12 to 15% returns may or may not be achieved within a 3 year period.
        So, suggest you to invest in a combination of products, preferably FD + MF MIP Growth option + a small Portion in a balanced fund.
        Read:
        Best balanced funds.
        Best MIPs .
        List of Best Investment options.

        • Roy says:
          February 16, 2016 at 1:20 pm

          Thank you for your guidance Sreekanth and sincerely appreciate your quick response.Was thinking of 2 options i.e.
          OPTION 1 :

          Birla Sunlife MIP II wealth 25 (growth plan-Direct)- 75 k

          Tata Balanced Fund (Growth plan-direct)- 75 k

          OPTION 2:

          FD -50 k (are you referring to a bank FD ?)

          Birla Sunlife MIP II wealth 25 (growth plan-Direct)- 50 k

          Tata Balanced Fund (Growth plan-direct)- 50 k

          Please suggest as to which would be more suitable.

          Thank you
          Roy

          • Sreekanth Reddy says:
            February 17, 2016 at 11:10 am

            Dear Roy,
            Option 2 looks fine. You may consider that. Yup, its bank FD.

            • roy says:
              February 17, 2016 at 6:42 pm

              Thank you Sreekanth.

  • Romi says:
    February 13, 2016 at 5:23 pm

    Hi srikanth
    Very informative site.I am a house wife. My kid is 5 year 6 month old. I want to invest in funds for my child education.
    I can invest 8 k per month.kindly suggest a portfolio of mixed funds.or suggest a plan how can I save money for child education.

    • Sreekanth Reddy says:
      February 13, 2016 at 5:36 pm

      Dear Romi,
      If you are an earning member of your family, kindly check if you have adequate life insurance cover & health insurance cover.
      You may pick 2 to 4 funds from different fund categories Diversified/balanced/mid-cap/large cap.
      For your kid’s higher education goal, which is around 10 to 12 years from now, you may invest a higher portion of your investible surplus in diversified fund & mid-cap fund for next say 5 years or so.
      Fund suggestions : Franklin Prima plus, HDFC Mid-cap opportunities fund & TATA balanced fund.

      Kindly read:
      Financial planning pyramid..
      Best equity funds for 2016.
      Kid’s education goal planning..

  • Rahul Pratap Singh says:
    February 9, 2016 at 3:54 pm

    Hi Sreekanth,

    Thank you very much for creating this website, its very informative 🙂

    I would like to seek your advice on my investment plan, below are my personal details and current investments, please suggest me what changes should I make in my portfolio to get better returns and is the investment amount correct or should I increase/decrease it

    Age: 33
    Monthly income: 90,000
    Spouse: Working
    Son: 1 year old
    Investment objective: Child’s higher education (15 years horizon) and old age security/health

    Mutual Fund SIPs:

    1. DSP BLACKROCK (Micro Cap Fund) Rs. 3000
    2. Franklin india Prima Plus Rs. 2000
    3. Franklin india smaller companies: Rs. 5000
    4. HDFC balanced fund: Rs. 2000
    5. Mirae Asset Emerging Blue Chip Rs. 3000
    6. UTI equity fund: Rs. 2000

    PPF investment upto 1 lakh per annum
    NPS of Rs. 50,000 per annum
    Term life insurance worth Rs. 50,00,000
    Medical insurance cover upto 10 Lakhs for family

    I am planning to do some more investment in following funds, is it advisable to go for it:

    1. Birla Sun life Bank and finance
    2. SBI FMCG Fund
    3. Motilal Focused Midcap 30 – DP (G)
    4. Axis Income Saver Fund Direct -Growth

  • Brave says:
    February 7, 2016 at 12:39 pm

    Hi Srikaanth,
    I am 42 years, private employee and can invest RS 10,000 per month. i can invest for next 5 years. i read all articles about mutual funds but confused about large / mid / small cap and equity/ debt / liquid funds. could you please advise me with some funds where i can expect good returns?

    at present i have 3 lakhs cash with me which i would like to invest where i can get good returns.

    • Sreekanth Reddy says:
      February 7, 2016 at 5:12 pm

      Dear Brave,
      Suggest you to go through below articles and you may revert to me if you need more info;
      What are Large/Small/Midcap funds?
      Types of Debt mutual funds.
      Best Debt mutual funds for 2016.

  • Venkat says:
    February 7, 2016 at 2:23 am

    Hi,

    I’m looking for best long term(20-25 years) high return investment plans .I can invest 30k to 40k per month .I also would like to know what if I became NRI in between ?

    NOTE:I’m not looking for tax saving plans because mostly I live outside India.

    Thanks
    Venkat

    • Sreekanth Reddy says:
      February 7, 2016 at 5:10 pm

      Dear Venkat,
      You may invest in diversified equity & mid/small cap funds.
      Kindly read:
      Best Equity funds for 2016.
      FATCA compliance & MF investments in India & NRIs.
      What are large/mid/Small cap funds?

  • neeraj says:
    February 3, 2016 at 10:40 am

    hi i m investing in HDFC midcap…but its perfomance is not so good …so should i replace it with UTI midcap or continue??

    • Sreekanth Reddy says:
      February 3, 2016 at 5:17 pm

      Dear neeraj..You may continue with it. May I know your investment horizon??

  • sanju says:
    January 24, 2016 at 6:59 pm

    Dear sir
    my monthly income is about 18000 thousand .i have lic premium 17000 yearly. pls suggest me for investment .age 32

    • Sreekanth Reddy says:
      January 24, 2016 at 7:01 pm

      Dear sanju,
      Kindly let me know the plan names (LIC plan name, commencement date, policy term etc.,)
      Also, more information about your financial goal(a) / Investment horizon (time-frame)??

  • Meenakshi says:
    January 15, 2016 at 4:59 am

    Hi,
    I am a working mother aged 30. I am in an MNC and have annual income of 12 lacs. I need to plan for my retirement after 25 years. I need to build a corpus of 8 crores by then. I have chosen equity as my way. For this, can you recommend how much I should be saving and how should I distribute it among the funds.
    It would be nice if you could elaborate, how often one should be reviewing their portfolio and what corrective measures need to be taken.
    Many Thanks,
    Meenakshi

    • Sreekanth Reddy says:
      January 15, 2016 at 5:40 pm

      Dear Meenakshi,
      Kindly use the calculator available at ‘Retirement planning made easy’ to arrive at approx savings required to reach your goal value.
      Direct Equity or Equity mutual funds are the best investment avenue to achieve long-term financial goal(s).
      Once you calculate how much needs to be invested, you can create SIPs in 2 to 3 funds. Invest as much as possible and as frequently as possible (SIPs+manually).
      You may allocate more monies towards a mid-cap fund.
      Read:
      My Mutual fund portfolio.
      Best ELSS Funds to invest in 2016 (For Tax saving + Long term goals)
      Best Equity mutual funds to invest in 2016.

  • s.mandal says:
    January 11, 2016 at 7:32 am

    Dear,
    sir i am first time invest in mutual funds, and i will decied to first choice invest in 1) sbi pharma fund (g)-5000/month 2)Reliance pharma fund(g)-5000/month 3)Uti pharma and healthcare fund (g)-5000/month.
    for continue in 5yrs.
    so please advice me can i right or wrong decisson. Please discuss in details.
    Thank you.

    • Sreekanth Reddy says:
      January 11, 2016 at 1:12 pm

      Dear mandal,
      Any specific reason for shortlisting PHARMA / healthcare related funds only.

  • Veena says:
    January 9, 2016 at 11:05 am

    Hello Sir, I am 23 years old and I am new to mutual funds
    I am ready to invest Rs.5000-pm and increase the investment by 10% every year
    My friends suggested to go for ELSS tax saving plans…. So with reference to the data given in your website can I go with Franklin India Tax Shield Fund or is it better to divide the investment of Rs.5000 by investing in different funds?
    Or is it better to go for small and mip cap funds?
    I am very confused… Please suggest me
    Time period is for 8-10 years
    Investing by FundsIndia

    Thank You in Advance
    Veena

    • Sreekanth Reddy says:
      January 9, 2016 at 12:08 pm

      Dear Veena,
      If you want to save some taxes + accumulate long term wealth, consider ELSS fund. Franklin Tax shield is a good one.
      Read : Best ELSS funds for 2016.

  • Deblin says:
    January 6, 2016 at 7:43 pm

    Hi ,
    I am completely new to SIP and have started my investment just this month with Rs 1000 p.m. in HDFC BALANCED FUND – GROWTH for a term of 5 years. I have plan to invest Rs 1000 each in 4 more sip’s starting next month for a time horizon of 5 years each. Can you suggest some good funds to me?

    Apart from this I have plan to invest Rs 25,000 each in two different LIC policies. Can you suggest me any good policy? Also if you can suggest of some alternative that would be great.

    Looking forward to some great positive suggestions from your end.

    • Sreekanth Reddy says:
      January 7, 2016 at 12:28 pm

      Dear Deblin,
      Besides the balanced fund, you can consider investing in an equity diversified fund and one large cap fund.
      In case if your investment horizon is more than 5 years, you can add one mid-cap fund.

      Let me know more details about lic policies (Plan name, commencement date, sum assured, term ..)
      Do you have any family member(s) who are dependent on you financially?

      • Deblin says:
        January 10, 2016 at 6:55 pm

        Hello Sreekanth, Besides HDFC Balanced fund I also invested in SBI Bluechip fund growth (same 1000 p.m. for 5 years). I am not currently thinking of time horizon beyond 5 years so I want to stick to this timeline as of now. Can you name some specific funds equity diversified fund and one large cap fund? Also I want to invest in one risky fund for a very low time horizon either 1 year or max 3 years. If possible please let me know name of any good fund in this area.

        As for LIC I was planning for 50k investment for 20 years in Jeevan Anand 2 policy. But I am confused between 25k in LIC and 25k in ELSS/ULIP split as I do not have any idea on the second option. Can you please guide me here. Thank for your suggestion again.

        • Sreekanth Reddy says:
          January 11, 2016 at 12:54 pm

          Dear Deblin,
          For a 5 year time horizon, SBI & HDFC funds are fine. Suggest you not to invest in mid-cap (risky one) for 1 to 3 years.
          If you have more surplus funds which need to be invested, you may consider investing in the existing ones.

          Kindly read:
          Term insurance Vs Traditional plans like Jeevan Anand.
          How to get rid off bad life insurance policy?
          Best Term insurance plans.

          • Deblin says:
            January 11, 2016 at 7:26 pm

            Hi Sreekanth, Thank you so much for the prompt reply. Instead of investing more on the current fund I was thinking of investing Rs 1000 each for 5 years on the following funds :
            1. UTI Equity (G)
            2. ICICI Pru Value Discovery Fund (G)
            3. ICICI Pru Focussed Bluechip Fund (G)

            As I said I am very new to SIP so I am a little confused here. Any suggestion from your end would be very helpful.

            Your blog on insurance was really helpful Thank you so much. Will definitely consider on the points stated before investing.

            Thank You again.

            • Sreekanth Reddy says:
              January 13, 2016 at 12:16 pm

              Dear Deblin,
              The existing funds are good, so you may invest in them. However you may add one 1 & 2 funds to your portfolio.

  • Rohit says:
    January 3, 2016 at 5:18 pm

    Hey, what are best funds to start SIP in 2016. Thanks.

    • Sreekanth Reddy says:
      January 3, 2016 at 5:21 pm

      Dear Rohit,
      Kindly read my latest article : Best SIP Equity Mutual Funds to invest in 2016.

  • Pradeep Sharma says:
    December 25, 2015 at 6:25 am

    Dear Shreekant,
    I want to invest only in equity funds. I have surplus of Rs one lakh per month. Can you suggest me best funds with allocation of money. I don’t have liability like children education, constructing the house etc.

    • Sreekanth Reddy says:
      December 25, 2015 at 11:47 am

      Dear Pradeep..If your investment horizon is long-term, you may pick around 3 funds from each of the above fund categories and stay invested.

  • drjlbansal says:
    December 23, 2015 at 2:13 pm

    Dear Srikanth,Hope you will review and renew the above list of funds to invest for 2016 by 29/12/2015

    • Sreekanth Reddy says:
      December 23, 2015 at 7:53 pm

      Dear Mr. Bansal,
      I will surely review by End of this month 🙂 Thank you!

  • VISHESH says:
    December 23, 2015 at 1:32 pm

    sir, I invest last 42 months HDFC top 200- 1000 p.m., last 6 months HDFC balanced – 500 p.m., uti MNC – 500 p.m. , last 4 months uti opportunities – 500 p.m., SBI bluechip – 500 p.m., this investment best for next 20 years or any change plz suggests me, and suggests me top one time investment mutual fund for 10 – 15 years, from VISHESH

    • Sreekanth Reddy says:
      December 23, 2015 at 7:51 pm

      Dear VISHESH,
      Kindly continue with them. You may check for portfolio overlap of these funds.
      Read :
      MR portfolio overlap analysis tools.
      Kid’s education goal calculator.

  • mahesh says:
    December 21, 2015 at 8:05 pm

    hi ,Sreekanth,
    i regular follow you.
    pi suggest balance fund from hdfcbalance fund or tata balance fund for 3000 sip for 10 year

    • Sreekanth Reddy says:
      December 21, 2015 at 9:00 pm

      Dear mahesh…Both are good ones. Choose either of them.

  • paresh naika says:
    December 19, 2015 at 10:21 pm

    Hi sir, i want to investvin smal & mid cap fund
    1.morae assest emerging blue chip fund
    2.dsp black rock micro cap fund..
    3.reliance small cap fund
    Which one is good for 3 to 5 yeras..

    • Sreekanth Reddy says:
      December 21, 2015 at 6:17 pm

      Dear paresh..Why do you want to invest in all small cap funds? And for < 5 year time-horizon, suggest you not to invest in mid-cap oriented funds. Kindly read: Best Balanced funds.

      • paresh naika says:
        December 27, 2015 at 5:03 pm

        Thank youyou shreekanth..
        But i want to add one small n mid cap fund…i have already 4 mf
        1.icici pru focuse bluechip
        2.uti mnc fund
        3.icici pru value discovery
        4.axis long term equity.ELSs
        I want to add for 3to5yrs for short term goal so i think i want to add one smal n mid cap mf…if any good please suggest me good fund

        • Sreekanth Reddy says:
          December 28, 2015 at 3:02 pm

          Dear Paresh,
          Invested funds are good ones. But kindly have a long-term view. Equity oriented funds can turn out to be very risky in short term.

          • PARESH says:
            January 15, 2016 at 5:11 pm

            Thanks sir, my all fund time horizone more than7 yrs..tax saver for 20 years. I want to add one balane n one mid cap fund…so please suggested me two good fund.i have shortlisted few fund.
            1.hdfc balance or tata balance fund
            2.hdfc mid cap
            3.dsp blackrock micro cap or mirae assetemerging blue chip fund.
            Please clear my confusion. Rs.1000 per month sip.
            Thanks for ur reply.

            • Sreekanth Reddy says:
              January 15, 2016 at 6:17 pm

              Dear PARESH,
              1&2 : Fine
              3 : DSP micro cap is a mid-cap fund whereas Mirae Bluechip fund is a large cap fund. If you opt for hdfc mid cap then consider investing in mirae fund.
              Read:
              Best Equity mutual funds to invest in 2016.

              • paresh says:
                January 16, 2016 at 10:38 pm

                Thank you sir

  • Tarun says:
    December 19, 2015 at 4:40 pm

    Dear Sreekanth
    I have just started investing in SIP’s. I am investing monthly Rs. 5000/- per person for 3 persons in my family i.e. total investment of Rs. 15000/- per month for tenure of 3 years which can be increased for up to 15 years. I have started investing in following funds:
    ICICI Value Discovery Fund-2000
    Birla sunlife Frontline Fund-2000
    Reliance Small Cap Fund-1000
    total Rs. 5000/-
    SBI bluechip Fund- 1000
    Canara Robeco Emerging Equities- 2000
    Franklin India Prima Fund-2000
    Total Rs. 5000/-
    HDFC Midcap Opportunities -2000
    UTI Midcap Fund-2000
    Franklin smaller companies Fund-1000
    Total Rs. 5000/-

    Are these ideal portfolio or I should consider changing it. Do any of these funds overlap. It would be great if you could provide me your valuable advice.
    Awaiting your response.

    • Sreekanth Reddy says:
      December 19, 2015 at 8:21 pm

      Dear Tarun,
      Any specific reason for investing in so many funds? Are these 3 portfolios mapped for three different goals? Are you taking advice from any advisor or doing it by yourself?
      Kindly read : MF portfolio overlap checking tools.

      • Tarun says:
        December 21, 2015 at 12:27 pm

        Thanks for your email.
        There are no specific goals as such. I have started investing just for wealth creation over a period of time. I do monitor the performances on my own and is not based on any advice from any advisor. I just felt that I should not be investing in same funds in all accounts therefore all different funds.

        • Sreekanth Reddy says:
          December 21, 2015 at 6:16 pm

          Dear Tarun,
          Kindly read this article and check if there is any high overlap : MF Portfolio overlap checking tools.

  • Gurpreet says:
    December 19, 2015 at 1:13 pm

    Hi sreekanth ,
    I am complete newbie to M.F ,wanted to know for a 3 year timeframe which funds are best, can invest 6000-7000/month . my age — in late 20s . goal to double my investment in next 3 years .

    Regards
    Gurpreet

    • Sreekanth Reddy says:
      December 19, 2015 at 8:15 pm

      Dear Gurpreet,
      Do not invest in equity funds if your investment horizon is 3 years.

  • NEERAJ KUMAR says:
    December 19, 2015 at 10:57 am

    Dear Sreekanth,

    I am new to Mutual Funds investment and currently planning to save some money for future like, kids education, marriage and for retirement. i can invest 10000 Rs. every month for at least 5 to 10 years. Kindly advise what shall i do? Do i need to contact any bank or any financial expert like you for the same? Currently i only have a LIC policy in which i save Rs. 50000. yearly.

    Regards,
    Neeraj

    • Sreekanth Reddy says:
      December 19, 2015 at 8:13 pm

      Dear NEERAJ,
      Let me know the LIC policy details (Plan name, commencement date, term..).
      You can take advice from a fee only financial planner or from any good mutual fund agent.
      You may also invest in 2 to 3 good funds directly online. (Or) you can invest through online distribution platform like fundsindia / icicidirect / sharekhan / kotak securities etc.,
      Read : How to invest in Direct plans for MF schemes?
      Kindly read:
      Retirement planning calculator.
      Kid’s education goal calculator.

      • Meera says:
        December 27, 2015 at 10:56 pm

        Hi Sreekanth,

        Can i buy Direct plans for MFs using fundsIndia? Is it better to use online distribution platform like fundsindia or directly buy online from respective MF websites?

        Also waiting for updated list of mutual funds for 2016 🙂

        • Sreekanth Reddy says:
          December 28, 2015 at 3:04 pm

          Dear Meera,
          If you have expertise to pick good MFs on your own, go DIRECT.
          Kindly Read :
          How to invest in Direct Plans?
          Best Equity Funds for 2016.

  • Anil says:
    December 18, 2015 at 9:25 pm

    Dear Sir,

    My self Anil age 28 unmaried.
    My monthly income 16000/-
    I want invest 8-10 year

    in sept. 2105 i have start investment through SIP 1000/- in “UTI MNC FUND”.
    Now i invest Rs. 3000/- more throuh sip.
    Plz guide me some good fund for me.
    Atleast 3 fund for me…..

    • Sreekanth Reddy says:
      December 19, 2015 at 7:08 pm

      Dear Anil,
      UTI MNC is a diversified equity fund. You may consider adding one mid-cap fund and one balanced fund to your portfolio.
      Ex : HDFC Mid-cap opp fund & TATA Balanced fund.
      Read : Best Balanced funds.

  • Indranil Datta says:
    December 17, 2015 at 2:17 pm

    Dear Sreekanth,

    My age is 31yrs. At present I have the following SIPs running:-

    a) HDFC Midcap (Rs. 1500/- )
    b) HDFC Balanced (Rs. 1500/- )

    I want to add a diversified MF to my portfolio(time horizon-15yrs). I have shortlisted the following :-

    1. ICICI Pru Value Discovery (my 1st choice)
    2. Franklin India Prima Plus
    3. ICICI Pru Dynamic Plan
    4. Franklin High Growth Companies

    Please let me know your pick from the above or any other fund you want to suggest. Also in the coming days I plan to add one more midcap(franklin smaller companies) and one more balanced(tata balanced) fund and their portfolio overlap with existing MFs are 27% and 21% respectively – your take on that?

    Regards,
    Indranil.

    • Sreekanth Reddy says:
      December 17, 2015 at 2:46 pm

      Dear Indranil,
      Kindly add the funds based on your financial goals (time-frame & risk profile).
      All four funds are good ones. My pick would be Franklin Prima plus. It has 20+ year track record.
      I believe three funds are sufficient.

  • Sambit says:
    December 17, 2015 at 1:53 pm

    Hi Sreekanth ,
    First of all congrats for such a nice blog and I must say you are doing a wonderful job . I need your suggestion on two aspect .

    1) I am currently investing in following MF through SIP from last 4 year .

    Mututal Fund Amount
    IDFC Sterling Equity Fund Growth Direct Plan 2000
    DSPBRMF Micro Cap Fund – Dir – G 4000
    HDFC Top 200 Fund – Direct Plan – Growth Option 2000
    HDFC Mid-Cap Opportunities Fund – Direct Plan – Growth Option 2000
    HDFC Equity Fund – Direct Plan – Growth Option 2000
    ICICI Prudential Value Discovery Fund – Direct Plan – Growth 4000
    ICICI Prudential Focused Bluechip Equity Fund – Direct Plan – Growth 3000

    Kindly review my portfolio and suggest about my fund selection . Also I have seen return in HDFC equity and HDFC top 200 is not very high as compared to its peer .So should I continue with it or switch to some better performing stock .

    2) And From Jan 2016 I am planning to invest additional 10-15 K in SIP . I need your suggestion as to whether I should increase the SIP amount in current fund or to invest in any new fund .

    My plan is to stay invested for another 12-15 years .

    Regards
    Sambit

    • Sreekanth Reddy says:
      December 17, 2015 at 2:42 pm

      Dear Sambit,
      I believe that you can trim your portfolio to may be to 4 funds.
      Kindly check the portfolio overlap for HDFC Midcap Vs DSP Mirco fund and HDFC Top 200 Vs ICICI Bluechip fund.
      Kindly read : Check MF portfolio overlap.
      Also, IDFC sterling fund has not been performing up to the mark.
      If your horizon is >10 years, you can invest more in a mid-cap fund & can add one balanced fund.
      Kindly read : Best Balanced fund.

      • Sambit says:
        December 17, 2015 at 3:37 pm

        Thanx a ton Sreekanth for your promopt reply . What do you think about HDFC top 200 and HDFC equity , should I stay invested or move out of this 2 fund

        • Sreekanth Reddy says:
          December 18, 2015 at 11:31 am

          Dear Sambit..As your investment horizon is >10 years and since you have already invested in these funds, suggest you to remain invested. These are top class funds but yes, going through some bad patch. You may give them some more time.

  • mahesh says:
    December 16, 2015 at 8:49 pm

    Hi Sreekanth,
    pi give me answer .

    my goal is required 50 lakh after ten year for daughter marriage 2025 and son education 2024 for this goal.my age is 39 year old.

    my monthly income is net 40,000 rs. invest per month 10000 rs in SIP from last 2 year.and i want to converet broker to amc mf is good?

    my fund selection is proper way for achieve my goal .

    1.icici pru. focus blue-chip eq. 2000 .
    2.HDFC midcap 2000 .
    3.idfc premier equity 2000.
    4 icici pru. value discover fund. 2000.
    5.tata balance fund 2000

    i should increase my investment per year 10%

    other information 50,000 for LIC per year.

    pi give me answer.

    • Sreekanth Reddy says:
      December 16, 2015 at 9:57 pm

      Dear mahesh,
      Kindly use the calculator available here, to arrive at required amount of savings (approx) to meet your goals (kids’).
      Kindly read : How to invest in Direct Plans of MF Schemes?
      Your portfolio looks good. Keep an eye on IDFC fund’s performance, the fund manager has changed.
      Share more details about your LIC policies (plan name, sum assured, commencement date, term..)

  • j.Arun says:
    December 16, 2015 at 4:32 pm

    Hi sreekant

    I am having a portfolio of the following,all monthly and growth options

    2000 franklin high growth
    1500 mirae emerging bluechip
    1500 franklin small companies
    i want to know weather to continue this or change canara robeco emerging equities or hdfc midcap fund in place of franklin high growth and franklin small companies

    • Sreekanth Reddy says:
      December 16, 2015 at 8:05 pm

      Dear Arun..Let me know your investment horizon (time-frame).

      • Arun says:
        December 16, 2015 at 8:45 pm

        25 years

        • Sreekanth Reddy says:
          December 16, 2015 at 9:49 pm

          Dear Arun,
          All three funds are good ones. You may now consider adding a balanced fund to your portfolio.
          Read : Best Balanced funds.

          • arun says:
            December 17, 2015 at 9:23 am

            Dear sreekant

            Thanks for advice i will take a look at balanced funds also i would like to know there is no change required for the existing portfolio for the given time frame as i find that instead of franklin small cap fund others in the same group are performing better please advice on that issue

            • Sreekanth Reddy says:
              December 17, 2015 at 2:37 pm

              Dear Arun..They are good funds, kindly remain invested for longer period and keep tracking the portfolio performance.

  • Naresh Kumar says:
    December 15, 2015 at 6:12 pm

    Sir,
    I want to invest 5k monthly for 5 years by SIP. Please suggest me best equity mutual funds

    • Sreekanth Reddy says:
      December 15, 2015 at 7:05 pm

      Dear Naresh..You may consider investing in a Balanced fund.
      Kindly read : Best Balanced funds.

  • Praveen says:
    December 12, 2015 at 10:58 am

    Dear Sreekanth,

    You are doing a fabulous job. I am 35 years old and these are the funds that I am investing in : Tata balanced fund, HDFC balanced fund, Axis long term equity fund and Franklin India prima plus. My investment horizon is 20 years. I also want to invest in a mid cap fund. I have zeroed in on Franklin small companies / HDFC midcap and UTI midcap. Out of the three, which one would you suggest?

    Thanks

    Praveen

    • Sreekanth Reddy says:
      December 12, 2015 at 12:47 pm

      Dear Praveen,
      All three are good. I have investments in UTI mid-cap.

      • Praveen says:
        December 12, 2015 at 3:19 pm

        Dear Sreekanth,

        Thank you very much

        Praveen

  • Ram Kumar says:
    December 11, 2015 at 1:37 pm

    Re-posting. Dont know what happened? I cant see my post on the blog.

    Excellent bog. VERY honest and informative.

    I WILL SHARE THIS WITH MY COLLEAGUE IN COMPANY.

    I want to invest approx 20 k per month for a long term wealth building.

    I want to go for MF SIPs from different companies (diversification). For example, HADF, UTI, BIRLA SUN LIFE, Franline, ICICI.

    I am not sure if I need to go for MID CAP or LARGE CAP or BOTH?
    Also, not clear if I need to opt for pure EQUITY MF or Balanced MF or a mix.

    any input?

    again: Thanks for this excellent work.

    WhaT are your inputs please for 2015?

    • Sreekanth Reddy says:
      December 11, 2015 at 6:23 pm

      Dear Ram..Let me know your investment horizon (time-frame)??

  • saurabh kumar says:
    December 10, 2015 at 5:30 pm

    Hi sreekant sir
    I am a new investor in mf funds. And I want to invest 5k per month in mf funds. So please suggest me the best funds in which i invest.

    • Sreekanth Reddy says:
      December 10, 2015 at 6:56 pm

      Dear saurabh…kindly let me know your investment horizon (time frame)?/

  • KETAN says:
    December 9, 2015 at 12:04 pm

    Hello Shrikanth :

    Current MF SIP I have :

    Franklin India Prima Plus : 2500
    SBI Blue chip : 2500
    Franklin India High Growth Companies Fund : 1000
    BIRLA SUN LIFE FRONTLINE EQUITY FUND – GROWTH : 1000
    HDFC Equity Fund – Dividend : Invested 1000 for 3 year now stopped SIP as I fell fund not doing good.

    What is your view on these MF SIP and Need advice on below queries :

    1. When you say need to have fund for each goal , does that mean for eg. my 1 st goal is 10lkh after 5 yr and
    2nd goal 20lkh after 20 yr and suggested fund is say best fund then I need to invest in same mf but two different SIP , one for each goal ?

    2. I have amount of 300000 which I wanted to invest for short term 6 months to 1 year max , what will be the best risk free MF with good return at least compared to saving account or FD. (debt/liquid and which ) ?
    Also having 5 lkh FD maturing soon want to bring it to MF which are suitable funds.?

    3. I have a daughter of 6 month so I wanted to start MF SIP for her future ,
    for goals :
    1. Higher studier for 15 yrs amount want to achieve is 50 lkh
    2. Marriage after 20 yrs amount want to achieve 50 lkh

    4. Want to start SIP for retirement target amount 2 cr after 20 yrs.

    I have term insurance of 50 lkh . I can invest upto 15 to 20 k per month as of now and can increase by 10% – 15% every year.in Next two year my home loan will be ending so can move EMI amount of 20k to MF SIP.

    • Sreekanth Reddy says:
      December 9, 2015 at 7:11 pm

      Dear Ketan,
      You have two funds from Large-cap category (SBI bluechip & Birla frontline), you may check the portfolio overlap for these two. You can get rid off one fund
      if overlap is very high.
      Read : Check MF portfolio overlap.
      1 – You may have same SIPs for all the goals in few funds. But it is better to have seperate SIPs (though the mf schemes are same) for easy tracking and it will be beneficial to map the portfolio value to your goal amount in future. You can have a rough idea whether you are falling short or not.
      2 – For very shor-term , FDs are decent, else consider Ultra short term funds.
      Read : Best Debt mutual funds.
      For Rs 5 Lakh, may I know the investment horizon.??
      3 – Kindly read : Kid’s education goal planning.
      4 – Read : Retirement planning calculator.
      Do you and your family have health insurance cover?
      Consider taking a Personal Accident cover.

      • KETAN says:
        December 10, 2015 at 11:29 am

        Thanks Sreekanth for quick reply I must the you put things in such simple language easy to understand .

        For 5 lakh amount , can go for long term as I will not require this fund in at least for 5-7 yrs , I want to know as it will be lump sump amount so how can I allocate it different investment instrument, MF being primary, and want to put this money in moderate risk.?

        • Sreekanth Reddy says:
          December 10, 2015 at 12:10 pm

          Dear KETAN,
          Then you can consider investing this amount in a liquid fund like HDFC Liquid fund and create Systematic Transfer Plan (may be for next 6 months) to a balanced fund like HDFC Balanced fund.
          Read:
          Best Debt Mutual Funds.
          Best Balanced funds.
          How to invest in Direct MF plans?

  • Satish Chaturvedi says:
    December 6, 2015 at 7:43 pm

    Hi sir, lot of thanks for MF guideline. Sir pl suggest I invest one time lum-sum or through SIP.

    • Sreekanth Reddy says:
      December 6, 2015 at 7:47 pm

      Dear Satish..If you have lump sum amount to be invested, consider investing in a Balanced fund to start with. Else, start investing via SIPs.

  • Satish Chaturvedi says:
    December 5, 2015 at 8:31 pm

    sir, any four funds of equity/balance funds in large cap/mid cap to invest.

    • Sreekanth Reddy says:
      December 6, 2015 at 7:20 pm

      Dear Satish,
      You may consider – Franklin prima plus, UTI midcap & HDFC Balanced funds.

  • Satish Chaturvedi says:
    December 5, 2015 at 7:25 pm

    Sir I retired from army recently. I want to invest my hard & secured money in MF Rs 4 lakhs for long term for 2 to 4 years. Please guide me which funds are better to achieve the profit. sir waiting your reply.

    • Sreekanth Reddy says:
      December 5, 2015 at 7:35 pm

      Dear Satish,
      Kindly note that 2 to 4 years is not a long-term horizon.
      Are you investing this money towards any specific Financial Goal? Do you need this money after 4 years?

      • Satish Chaturvedi says:
        December 5, 2015 at 8:09 pm

        Sir there is no need of this money after four yrs pl suggest in which MF i invest.

  • Bankim says:
    December 5, 2015 at 12:11 pm

    Hi… Mr Sreekanth,

    For last 13 months I have been investing in the 3 following funds @3000 month/fund. But the return is negative by 2.8%. Should I continue the SIP or stop and jump to other funds? Please advise. Existing SIP funds are appended below-
    ICICI Pru Focussed Bluechip Eq Fund Growth
    HDFC Midcap Oppurtunities Fund Growth
    DSP BlackRock Top 100 EQ Fund Growth

    • Sreekanth Reddy says:
      December 5, 2015 at 12:16 pm

      Dear Bankim,
      These are top class funds. You got to be with them for long-term. Do not worry too much with short-term volatility.Do not churn your portfolio frequently.
      You have invested in two large-cap funds, which can be avoided. You can opt for either a diversified equity or a balanced fund.
      May I know your investment horizon?

      Kindly read:
      Best Balanced funds.
      My Mutual fund picks.
      MF portfolio overlap analysis tools.

  • Saurabh says:
    December 4, 2015 at 1:15 pm

    Hi Sreekanth,

    I recently started going through your expert advice on the investment management and found it be to extremely helpful. Below mentioned is the long term investment goals:

    1. Willing to invest lump-sum amount of 4 lakhs to build a good corpus in 8-10 years.
    2. Willing to invest 30k in Mutual Funds with a plan of 3-5 years. I would like to be equity focused while doing so which will help me to build a good corpus amount. Few MF’s which I could figure out are:

    a. UTI Mid Cap fund
    b. DSP BlackRock Micro Cap fund
    c. ICICI Pru Value Discovery Fund (G)
    d. Canara Rebecco Emerging Equity (G)
    e. Franklin High Growth Cos (G)
    f. Mirae Emerging Bluechip Fund (G)

    May I request your expert advice, please ? Would like to know if we can diversify amount in not more than 3-5 funds to keep the portfolio simple and easy to follow.

    Cheers,
    Saurabh

    • Sreekanth Reddy says:
      December 5, 2015 at 11:07 am

      Dear Saurabh,
      Thank you for following my blog.
      1 – Consider investing in balanced fund. You can buy units in 2 to 3 installments. (or) Create a Systematic Transfer plan by investing in a liquid fund to balanced fund. Ex – HDFC Liquid plan to HDFC balanced fund. But kindly be aware of the tax implications.
      Read :
      Best Debt mutual funds.
      Best Balanced funds.

      You have shortlisted 3 mid/small cap oriented, 2 multicap and 1 largcap oriented funds. You may keep the total no of funds to 3 or 4 in your portfolio.
      UTI midcap , Franklin high growth & mirae funds cane be considered.

      But invest in these funds if your horizon is above 5 years only. Else you can invest in a balanced fund if horizon is 3 to 5 years only.
      Kindly read:
      How to invest in direct plans?
      MF portfolio overlap checker.

  • Meera says:
    December 3, 2015 at 10:44 am

    Hi Sreekanth,

    Thanks for the useful info. It will be great if you can provide further input on my financial decisions to be made.
    As of now i have following mutual funds.

    HDFC Tax Saver, NAV – 382
    Reliance Tax Saver ELSS , NAV 45
    SBI magnum Tax Gain, NAV 110

    Lock in period of all these are over.

    I need to know if i should continue with these mutual funds or exit.

    I further want to invest in mutual funds ( tio diversify)as all my investment till now is form of PPF and Fixed Deposits. I can immediately invest 5 Lacs in MFs with investment horizon of 5 years.

    Please suggest which funds shall i invest in?

    Thanks.

    • Sreekanth Reddy says:
      December 3, 2015 at 2:56 pm

      Dear Meera,
      You can invest Rs 5 Lakh in Liquid debt mutual funds (lump sum) and can book STP (systematic transfer plan ) say for next 6 months to an Equity oriented plans.
      Suggest you to consider HDFC Liquid plan to HDFC Balanced fund for 5 year horizon.
      Kindly read:
      Best Debt mutual funds
      Best balanced funds.
      How to invest in Direct plans of MFs?

      You may redeem hdfc tax saver & SBI tax gain funds and re-invest in Reliance tax-saver if your investment objective is to save some taxes too.Else invest in a diversified equity fund based on your time-frame.

      Kindly read : Why you should not invest in Fixed Deposits for longer periods?

      • Meera says:
        December 7, 2015 at 4:42 pm

        Sreekanth, thanks for your prompt reply.

        I have further questions based on your answers: you have recommended me to invest in only balanced fund ( based on 5 Years horizon). If my horizon is extendable to 10+ years can you please suggest some pure equity based mfs also in order to maximize my returns given that i have already invested around 33 % of my networth (9lacs) in PPF, 33% in FDs and RDs, around 22 % cash, i hold tax saving MFs for 8.5% .

        I would like to use the cash component for mutual funds to start with and there after move the funds from FDs also to MFs.

        So ideally i would like to have a balance of pure equity based funds( large cap,diversified, small cap) , balanced funds, debt funds.

        Also given the market conditions, is it the right time to exit tax saver mutual funds as i dont need these for tax saving porpuses any more.

        • Sreekanth Reddy says:
          December 8, 2015 at 11:00 am

          Dear Meera,
          You may consider funds like Franklin Prima plus, UTI midcap / HDFC Mid-cap oppp / Franklin Smaller co’s fund and one balanced fund.
          You may redeem hdfc tax saver & sbi elss funds and re-invest in the above funds.

          • Meera says:
            December 8, 2015 at 1:29 pm

            Hi Sreekanth,

            what are your views on Mirae Asset Emerging BlueChip-G in mid cap segment as compared to UTI midcap / HDFC Mid-cap oppp / Franklin Smaller co’s fund?

            • Sreekanth Reddy says:
              December 8, 2015 at 1:54 pm

              Dear Meera,
              It is a good fund but relatively new one when compared to UTI mid-cap or Franklin smaller cos fund which have more than 10 years of track record.

  • KISHOR says:
    December 3, 2015 at 9:45 am

    Dear sreekanth reddy,

    i need suggestion from you,I am a salaried and i want to invest in SIP.

    I CAN INVEST UP TO 5000 PER MONTH.

    WHAT ARE THE BEST PROBABILITIES I AND HOW MANY YEARS NEEDS TO INVEST.

    PLEASE SEUGGEST

    • Sreekanth Reddy says:
      December 3, 2015 at 2:51 pm

      Dear KISHOR,
      Duration should be dependent on your financial goal(s). Kindly share more details about your financial goal(s) or investment horizon.

  • suresh says:
    December 3, 2015 at 5:51 am

    Hi Sreekanth,

    I am planning to invest 5k each in two mutual funds Can you please suggest which one to choose ?
    my Age is 49 , or inform which is best plan for retirement

    Thanks
    suresh

    • Sreekanth Reddy says:
      December 3, 2015 at 2:50 pm

      Dear Suresh,
      You may consider investing in one balanced fund and one diversified equity fund for next 5 years or so.
      Ex : TATA Balanced fund & Franklin Prima plus.
      Read : Best Balanced funds.

      • suresh says:
        December 4, 2015 at 12:53 am

        Thank you sree
        How to invest pl suggest
        on line available TATA Balanced fund & Franklin Prima plus

        • Sreekanth Reddy says:
          December 5, 2015 at 10:34 am

          Dear Suresh,
          You can consider investing directly online by visiting respective company websites or through online distribution platforms like icicidirect.com / fundsindia.com
          Suggest you to invest in DIRECT PLANS of these schemes.
          Kindly read : How to invest in direct plans of MF schemes?

  • Mahesh Patil says:
    December 2, 2015 at 3:17 pm

    My dear friend,

    want some suggestion from your side, if you can spare some time for me.

    I am a salaried middle class person having 35k/month in-hand salary and also able to earn incentive ranging from 10K upto 20K per month.

    I am investing rs.6500 per year in star health insurance.
    I am also investing rs. 19000 per year in LIC.

    For the purpose of tax evasion and for investment purpose I am thinking to go either with PPF or with Mutual funds and can invest maximum upto rs. 6500 per year

    Please suggest me about it.

    If it is possible for you, then please reply me on “rmc.mahesh19@gmail.com”

    • Sreekanth Reddy says:
      December 3, 2015 at 12:01 pm

      Dear Mahesh,
      Kindly share details of your existing LIC policies (Plan name, commencement date, sum assured , tenure etc).
      May I know your investment horizon?
      Kindly read:
      Best ELSS funds.
      Financial Planning pyramid.

  • Rohan says:
    December 1, 2015 at 2:49 pm

    Hi Sreekanth,

    I plan to start SIP in:
    ICICI Prudential Export and Other Services Fund D G – 6000 10 years
    Franklin Build India Fund D G – 6000 10 years
    DSP Micro Cap Fund D G – 3500 – 15 months
    HDFC Balanced Fund D G – 2500 – 15 months
    SBI Blue Chip Fund D G – 4000 – 15 months

    Let me know your views on the same.

    • Sreekanth Reddy says:
      December 1, 2015 at 3:13 pm

      Dear Rohan,
      You may avoid or reduce the SIP amount of ICICI exports fund.
      Are those SIPs duration or your investment horizon? Kindly share details about your financial goal(s)
      Kindly read : MF portfolio overlap checker tools.

      • Rohan says:
        December 1, 2015 at 8:51 pm

        Hi Sreekant,

        My goal is to earn 50 lakhs+ in 10 years. The duration mentioned are the SIP duration as of now.

        • Sreekanth Reddy says:
          December 3, 2015 at 11:36 am

          Dear Rohan,
          To accumulate Rs 50 L in 10 years @ 12%, you have to save around Rs 24k per month. You may increase the SIP contributions in future.
          As suggested use the MF portfolio overlap checker tools to trim down your portfolio.
          I observe that you have mentined ‘D G’, so did you opt for ‘dividend’ or ‘growth’?

          • Rohan says:
            December 5, 2015 at 2:50 am

            Dear Sreekanth,

            I was referring to D – Direct G- Growth

            The MF portfolio compares only 2 at a time. Is there any option where I can compare all the 6 MF in one go?

            • Sreekanth Reddy says:
              December 5, 2015 at 12:02 pm

              Dear Rohan,
              As of now, I guess no such tools are available.

  • Chandra says:
    November 29, 2015 at 7:04 pm

    Excellent !!! Very very informative and suggestions, Srikanth.

    I have one question on monthly SIP say Rs. 5000, is it right to invest Rs.5000 on the same specified date in the month for the fund ? Or split to multiples like Rs.2000,2000,1000 for different dates in the same month with same fund? Please suggest.

    Appreciate your suggestions.

    • suresh tumma says:
      November 30, 2015 at 11:24 pm

      Hi srikanth,
      I am able to invest 5k per month through sip, can u suggest me which broker is best to invest either banks or like share khan and can u suggest , and shall I select 10 funds through invest as 5k.

      • Sreekanth Reddy says:
        December 1, 2015 at 12:25 pm

        Dear suresh,
        Why do you want to invest in 10 MFs? Absolutely not required. Consider just 2 to 4 funds as per your goals.
        If you are comfortable investing DIRECTLY online then you may do so.
        Read : How to invest in DIRECT PLANS of mutual fund schemes.

    • Sreekanth Reddy says:
      December 1, 2015 at 3:00 pm

      Dear Chandra,
      If the goal is a long-term one, I do not think we should give that much importance to this.

  • Satish says:
    November 28, 2015 at 2:21 pm

    Hi Sreekanth,

    I am planning to invest 50k each in two mutual funds only once. Can you please suggest which one to choose?

    I already invested in balanced , mid-cap through SIP.

    Thanks
    Satish

    • Sreekanth Reddy says:
      November 29, 2015 at 12:25 pm

      Dear Satish..let me know your investment horizon.

  • Padma says:
    November 27, 2015 at 12:04 pm

    Hello,

    Thank you for the detailed information about MF. I wanted to restart SIP’s which I have stopped an year back. Please advise right MF to select as I would want to invest up to 10,000 per month in 3 – 4 different MF for about 8 – 10 years.

    Thank you
    Padma

    • Sreekanth Reddy says:
      November 27, 2015 at 7:01 pm

      Dear Padma.. Do you have any existing MF investments?

      • Padma says:
        November 30, 2015 at 12:42 pm

        All my old MF SIP’s are stopped, I am not holding any now. It’s going to be new start.

        • Sreekanth Reddy says:
          December 1, 2015 at 12:23 pm

          Dear Padma,
          Considering your investment horizon, you can have a look at the below funds;
          1 – Franklin Prima plus
          2 – UTI mid cap or HDFC mid-cap
          3 – HDFC balanced / TATA balanced fund

  • Nitin says:
    November 26, 2015 at 6:51 pm

    Hi it’s nice to read your article & here I need your experties

    I am 35yr married salaried person with 1 boy (8yrs), wife is non working ……. I have term plan + health insurance for family already …..at the moment doing sip from last 1yr of Rs. 1000 each in followings funds:

    BSL Manufacturing Equity – R G
    SBI Magnum MidCap Fund – R G
    C’nara Robeco EMERGING EQUITIES – R G
    ICICI Focused Bluechip Equity R G
     L&T India Value Fund – Growth

    looking for long term say about 10-15yrs ……..firstly please guide about above funds & secondly if I should look for more funds or change few??

    I also want to increase sip of Rs. 3000 more …….should I look for some more funds (pls guide) or increase the limit in above funds only.

    thanks!
    Nitin

    • Sreekanth Reddy says:
      November 26, 2015 at 7:13 pm

      Dear Nitin,
      Consider enhancing your health insurance by buying a Super Top up plan.
      Any specific reason for investing in BSL manufacturing fund?
      You have two mid-cap oriented funds. Consider dropping one. Check the overlap of their portfolios with these tools.
      You may add one balanced fund to your core portfolio.

  • Krishna Vishwakarma says:
    November 24, 2015 at 5:43 pm

    Hi Sreekanth…
    Very useful information u had given on this blog…
    Its a request, can u share ur email id to get some more suggestion on specific queries.

    Thnx

    • Sreekanth Reddy says:
      November 25, 2015 at 11:28 am

      Dear Krishna..you can reach me at sreekanth @ relakhs.com

  • siddhant jain says:
    November 21, 2015 at 11:15 am

    hi sir
    i want to invest 5000 in sips for 3 to 5 years
    which fund i choose to invest and trust them
    plz guide me
    yours faithfully
    siddhant jain

    • Sreekanth Reddy says:
      November 21, 2015 at 4:26 pm

      Dear siddhant,
      You may consider investing in a balanced fund & an aggressive MIP. Allocate may be 75% to balanced fund.
      Ex – HDFC Balanced fund & Birla Sunlife MIP II Wealth 25 plan.
      Kindly read;
      Best Balanced funds
      Best MIP funds.

  • lalit says:
    November 18, 2015 at 3:32 pm

    Hi Srikanth,

    You are doing commendable job by sharing your expert opinion.

    It would be really nice of you if you can review and share your expert opinion for below listed funds in my portfolio

    1) SBI Magnum Global Fund – (MidCap)
    2)Hdfc MidCap opportunities Fund (MidCap)

    3)ICICI Prudential Value Discovery Fund (Multicap)
    4) Franklin India High Grwoth Comapnies Fund (Multicap)

    5)HDFC Tax Saver (ELSS)
    6) ICICI Prudential Tax Plan (ELSS)

    7) UTI Mastershare (Large Cap)

    • Sreekanth Reddy says:
      November 18, 2015 at 8:07 pm

      Dear Lalit,
      Having two funds from the same category may lead to unwarranted diversification, which may not be beneficial.
      Suggest you to use ‘MF Portfolio overlap analysis tools‘ to check the extent of overlap and consider trimming your portfolio.
      Also, may i know your investment horizon (time-frame)??

      • Lalit says:
        November 19, 2015 at 12:05 pm

        Thanks Sreekanth for your reply. My timeframe is around 8-10 years.
        Also given a chance which funds you would like me to opt out from the portfolio.

        • Sreekanth Reddy says:
          November 20, 2015 at 2:16 pm

          Dear Lalit,
          My picks would be – HDFC Mid-cap, ICICI discovery, ICICI Tax plan.

  • vikram sharma says:
    November 17, 2015 at 11:48 pm

    Hello sir,
    I am 30 yrs old salaried person. I look forward to invest in mutual funds.
    Till now I have not invested in any mutual fund. My financial goals are my daughter’s education and marriage along with post retirement benefit. pls guide.

    • Sreekanth Reddy says:
      November 18, 2015 at 12:00 pm

      Dear vikram,
      Let’s start with ‘Protection Planning’. Kindly let me know if you are adequately insured? Do you have life & health insurance covers?

  • subi says:
    November 16, 2015 at 1:25 pm

    Hello Sir,
    I am investing 1000each in birla frontline growth and franklin india smaller companies fund
    Now i want to invest another 2000 in another fund for 12 years.and i want to decide buy 100 shares in future consumer enterprises ltd..
    Please suggest my suggetion good or bad?

    Thanks & regards
    subitha

    • Sreekanth Reddy says:
      November 16, 2015 at 10:21 pm

      Dear subi,
      You may consider either an Equity Diversified fund or a balanced fund. Ex : Franklin Prima Plus or HDFC Balanced fund.

  • prince kumar says:
    November 14, 2015 at 2:03 am

    Dear sir,

    I am new in field of investment. please suggest me sip plan for new user i nvr invest in sip . i want to invest 5 k per month and my goal for my children study and marriage. i m 28 yr old guy professionaly i m engineer. thanks in advance sir.

    • Sreekanth Reddy says:
      November 14, 2015 at 6:56 pm

      Dear Prince,
      Do you have sufficient life insurance cover?
      Suggest you to kindly go through this article – Financial Planning Pyramid – and revert to me.

  • Manoj dubey says:
    November 13, 2015 at 12:03 pm

    Hello Sir,
    I am investing 5000 each in ICICI focused bluechip, HDFC Mid cap & HDFC balance fund.
    Now i want to invest another 5000 in very high risk sector fund for 10+year and ready to take risk.
    I have decided to invest in Pharma sector .
    Please suggest which one will best Reliance pharma or SBI pharma.

    Thanks & regards
    Manoj

    • Sreekanth Reddy says:
      November 13, 2015 at 6:59 pm

      Dear Manoj,
      I personally do not advice to invest in sector funds. You may be better off investing the same in existing fund like HDFC Mid-cap.
      Else you may consider one diversified equity fund also like Franklin Prima plus.

  • Rosita says:
    November 12, 2015 at 10:15 pm

    Is the returns published annualised returns?

    • Sreekanth Reddy says:
      November 13, 2015 at 6:46 pm

      Yes dear Rosita…They are mostly sourced from money-control.

  • Premal Bhatt says:
    November 10, 2015 at 6:29 pm

    Hello Sreekanth,

    I am interested to invest in Mutual funds in India. I would appreciate if you can point me in the right direction to initiate such investment process. I reside in the USA.

    Thank you.

    • Sreekanth Reddy says:
      November 10, 2015 at 7:24 pm

      Dear Premal,
      You can either invest directly in DIRECT plans of mutual funds by visiting respective Fund house websites or you can invest through online platforms like Fundsindia.com or icicidirect.com
      Let them know that you are an NRI .
      You may read my article on – How to invest in Direct Plans of Mutual fund Schemes?

  • Shashwat Srivastava says:
    November 10, 2015 at 12:04 am

    Hi Sreekanth,

    Thanks for you article. I am planning to start investing in SIPs’. I have been investing in mid and large cap stocks for a more than 1 year time horizon. I recently moved to the US and have plans to stay here long term (2-4 years).
    Need your advice I must start the SIP investment in my Parents’ name. Also, can I switch my dmat directly on the name of my father, or should I close the account and open a new one on my dad’s name. Asking this as I found that, after 6 months of reaching here, I would be an NIR status and may not be permitted to invest regularly.

    Thanks for your help!!

    Regards,
    Shashwat

    • Sreekanth Reddy says:
      November 10, 2015 at 11:15 am

      Dear Shashwat,
      Do you mean to say that you would like to transfer the shares in your father’s name?
      You can invest in Mutual Funds as an NRI.
      What is your investment time-frame for SIPs? When do you require this money? Any specific financial goal(s) that you have??
      Kindly read : NRI status calculator & NRI Taxation rules.

      • Shashwat srivastava says:
        November 11, 2015 at 6:55 am

        Thanks Sreekanth!

        Sorry for confusion. What I meant to ask is, can NRI’s invest in preferred stocks. I got the answer on the internet that they can only invest using PIS scheme of RBI. I think I would need to sell my holdings before 6 months of stay in the US
        I want to invest for 15 year time frame. I am going through your other articles to find a good mix of equity/debt/hybrid funds.
        I am 30 years of age and want to save for my retirement at 50 and my kids’ studies/marriage at about same time.

        Thanks for being immensely helpful and sorry for being so naive 🙂

        Thanks,
        Shashwat

        • Sreekanth Reddy says:
          November 12, 2015 at 12:26 pm

          Dear Shashwat,
          I do not have much knowledge about Portfolio Investment Scheme of RBI.
          Below articles can be useful to you, kindly go through them and revert to me;
          Retirement planning goal calculator
          Kid’s Education planning
          Top Balanced funds
          Top MF MIPs.
          MY MF Portfolio.

          • khush says:
            November 24, 2015 at 12:05 pm

            hello ,i am new to invest in SIP.please help me in which MF i should invest for 3 to 5 years

            • Sreekanth Reddy says:
              November 24, 2015 at 12:27 pm

              Dear Khush,
              Kindly go through below articles;
              Best MF MIPs,
              Best Balanced funds.
              How to invest in Direct plans of MFs?
              My MF picks.

  • ROHAN PARSEWAR says:
    November 3, 2015 at 1:32 pm

    Hi there thanks for your informative blog.
    I am 21 and have just started working and can invest around 12 K per month.
    Will you please guide me on how should I divide this amount to create optimum financial portfolio
    so that I can secure my future financially ?
    I am looking for long term investment to fulfill my long term goals like house, car,marriage.
    Most probably I will opt for higher education in 2018 which will cost me around 18 lakh fees (will go for bank loan)+ monthly expenses around 8K. For now I have a education loan for which pay EMI of 2700.
    Kindly do guide me to create best investment portfolio.

    • Sreekanth Reddy says:
      November 3, 2015 at 7:21 pm

      Dear ROHAN,
      Suggest you to buy a Health insurance plan for yourself. Kindly read : Best health insurance plans comparison portals.
      Do you have any family member(s) who are financially dependent on you?
      For higher education goal; you may start monthly RD + small amount in Monthly income plan (growth option) of mutual funds. Invest in MIP for up to 2017 and then switch to a safer option like FD.
      Kindly read : Best Monthly income plans.

  • Ram Avtar Maurya says:
    November 2, 2015 at 1:17 am

    Hi Sreekanth,

    I am investing 2000 pm in HDFC tax saver (G) as SIP. It has been 11 months. My return is negative 3%. At the same time AXIS long term equity fund (G) has given good return. This is for tax saving and return purpose. Please give your info, if i need to switch from HDFC tax saver to AXIS long term equity. Please be informed that I will continue SIP for 20 years. You input in appreciated.

    Regards,
    Ram

    • Sreekanth Reddy says:
      November 2, 2015 at 7:31 pm

      Dear Ram,
      The units in HDFC tax saver are locked for 3 years. So you may not be able to switch. However, if you are not happy with hdfc fund, you may stop future SIPs and allocate the future amounts to Axis fund.
      Also, remember, do not worry too much about short-term performances.

      • Ram Avtar Maurya says:
        November 3, 2015 at 12:02 am

        Hi Sreekanth,

        Actually my moto is to have 1 crore rupee after 25 years. Which i will use for my daughter education and marriage. Generally long term SIPs give return of somewhere between 20 to 25% (CAGR). I found that SIP of 2000 INR for 25 years @ 18% will build 90lac and it will be 1 crore 70 lac @ 22 %. Since this money is for my daughter career, I was a bit worried, if i chosen correct fund. Please suggest if i should continue in this or move to Axis.

        Note – I want to invest in ELSS only.

        Regards,
        Ram

        • Sreekanth Reddy says:
          November 3, 2015 at 7:09 pm

          Dear Ram,
          If you are investing for long-term, do not worry about short term fluctuations or bad performances.
          As discussed, you may stick with Axis fund and remain invested for longer duration. Once in a year, check the fund’s performance.
          Suggest you to have reasonable and realistic expectations form mutual funds, as past performance may or may not be repeated in future. But, trust me, MFs are the best way to create wealth if invested for long-term.

          Kindly read: Kid’s education planning goal.

  • Atul says:
    October 29, 2015 at 4:40 pm

    Hi Sreekanth,

    i have just started my career and wish to start saving and investments…..
    i wish to invest 20,000 per month…..
    Want to divide the investments in 3 parts….
    1)FD’s
    2)SIP(MF -> not an expert so wuld avoid this) and
    3)Policies

    plz help me get the right balance to breakdown 20,000 in the above 3 parts…..
    Tenure is not a problem for me …..for any plan, policy ….

    Thanks,
    Atul

    • Sreekanth Reddy says:
      October 29, 2015 at 7:38 pm

      Dear Atul,
      1 – Why did you want to invest in FDs? Do you have any short-term financial commitments?
      2 – Start with a balanced fund. Kindly read : Best Balanced funds.
      3 – Do you have any family member(s) financially dependent on you? Any financial obligations (loans etc)??

      • Atul says:
        October 31, 2015 at 10:11 am

        thanks for the prompt reply

        1) Wish to do FD, so dat just in case if I plan to buy a house or car in 1-2 yrs…might use dat as the downpayment .
        (suggest a better idea if ders any other)

        3) Nope…I dont have any dependents or loans !

        • Sreekanth Reddy says:
          October 31, 2015 at 2:04 pm

          Dear Atul,
          If you have short-term commitments or goals, you may invest in FD. If these are not compulsory ones, consider MF Monthly income plans.

          Consider starting SIPs in a balanced fund & one diversified equity fund. Stay invested for atleast 5 years. (Ex ; HDFC Balanced fund & Franklin primaplus fund ).

          You can plan to buy a health insurance policy. Kindly read : Best health insurance plan comparison websites.

          Also consider buying a Personal accident policy to cover disability risk. Kindly read : Best Personal accident policies.

  • Kevin Mehta says:
    October 28, 2015 at 11:22 pm

    Hi Sreekanth,
    I am Kevin, 23 years old and am planning to start an SIP soon. I consider myself moderately literate on financial markets.I would like to know the parameters that go into selecting a MF once I have my risks, horizon and goals decided.How do I use and understand parameters such as Alpha, Std Deviation , Sortino ratio, etc.

    Secondly, How much amount of my salary should go into SIP ( I do not have any other investments)

    Thanks

    • Sreekanth Reddy says:
      October 29, 2015 at 11:57 am

      Dear Kevin,
      1 – You may kindly visit freefincal.com for more info on MFs. I am sure you will like the articles available at freefincal.
      2 – It depends on your future goal amounts.
      Kindly read: Calculate future value of your investments.

  • Harish says:
    October 27, 2015 at 9:13 pm

    Hi Sreekanth,

    My Age 37 year .I have two ULIPS both are taken only tax benefit purpose and I am planning to take SIP’s and Life Insurance,PPF Please suggest which one is best . I am very very poor in planning financial

    1.HDFC SL Crest–75000 k per annum
    2.HDFC SL YOUNGSTAR SUPER PREMIUM–25000 k per annum

    Kindly please suggest.

    Thanks,
    Harish

    • Sreekanth Reddy says:
      October 29, 2015 at 11:31 am

      Dear Harish,
      When did you buy these ULIPs? Are you happy with ULIP funds’ performances?
      Do you have any dependents?
      Kindly read : Best Online term insurance plans.

  • Sanchit Aluna says:
    October 26, 2015 at 7:47 pm

    Hi Sreekanth,

    I have been reading your posts on mutual fund investments and found your articles full of information for new investors . I am planning to invest 1L in ELSS for tax saving purpose and want to expect good returns on investment.
    Could you please guide me to which are the ELSS mutual funds are best.

    Regards,
    Sanchit

    • Sreekanth Reddy says:
      October 29, 2015 at 10:36 am

      Dear Sanchit,
      Kindly read my post on ‘Best ELSS funds‘ .

  • Gourav Jaytalkar says:
    October 26, 2015 at 10:34 am

    Sir, I am newly start SIP rs.2000 pm so I request tell me which fund invest my sip? and how many period yrs or 5 yrs

    • Sreekanth Reddy says:
      October 29, 2015 at 10:34 am

      Dear Gourav,
      If your investment horizon is 5 years, you may consider investing in a Balanced fund.
      Kindly read : Top Balanced funds.

  • meghnath verma says:
    October 24, 2015 at 12:09 am

    Sir, mai sip me 10000 pm invest karna chahta hoo.kis fund me invest karu please suggesion

    • Sreekanth Reddy says:
      October 24, 2015 at 6:11 pm

      Dear meghnath..Let me know your investment time-frame??

  • Paresh says:
    October 23, 2015 at 10:35 pm

    Hello sir,i m regularly read your blog & read ur article regarding investment..i m 34 yers old / job in public sector bank.. I started investment in mutualfund last 2 month by sip n my portfolio is:
    1.ICICI FOCUSE BLUECHIP FUND- DIRECT-GROWTH OPTION :RS.1000
    2.UTI MNC FUND: RS.1000
    3.ICICI PRU VALUE DISCOVERY FUND : RS.1500
    4.AXIS LONG TERM EQUITY FUND-ELSS : RS.500 SIP
    5.RELIANCE TAX SAVER: RS.500 SIP

    my goal is by house in 10 years Rs.50 lakh…my portfolio is ok or if any changes please suggest me some good sip according to ur experiance..i m waiting for your reply..please

    • Sreekanth Reddy says:
      October 24, 2015 at 6:10 pm

      Dear Paresh,
      Your portfolio looks fine to me.
      Read my article : MF Portfolio overlap analysis tools.

      • paredh says:
        October 25, 2015 at 12:06 am

        Thanks sir.i have made this portfolio after reading your article all related to mutual fund.like small thing about date of sip deduction different date and so many things..but still i m new investor and need ur help…thanks for reply me…

  • Saran says:
    October 22, 2015 at 4:16 pm

    Hi Srikant,

    First let me acknowledge that your articles are really informative and it really gives a lot of clarity for the “DIY” investors like me….

    Following are my details

    Age – 29 Years
    Children – 1 (2.5 years)

    Financial Goals
    Building corpus for Child’s Education
    Building Corpus for Own Business (6 years -10 lakhs )

    I am relatively new to Mutual Fund investments and these are my current investments on a monthly basis.

    Direct Equity Exposure – 2.5 Lakhs (Shares of Asian Paints)
    Life Insurance
    Term Plan
    HDFC Life Click 2 Protect – 1 crore (Insured value)
    Other Insurance plans
    LIC – 2000/Month (all plans put together)
    PPF – 20000/Year
    Health Insurance – Provided by Employer
    MF – SIP’s
    ICICI Direct Focused Blue chip – 1000/month (10 year horizon)
    Franklin India Smaller Companies Fund GROWTH – 2000/month (10 year horizon)

    I wish to increase my MF investment contribution through SIP route, kindly advice what is the extra money that i need to allocate out to accomplish my goals

    Looking forward for your valuable Inputs….

    Regards
    Saran

    • Sreekanth Reddy says:
      October 22, 2015 at 6:35 pm

      Dear Saran,
      Thank you for your appreciation.

      Do you own only one company shares? Kindly list out names of the LIC plans.
      Suggest you to buy a health plan (self/family floater) at the earliest. Read : Best Health insurance plan comparison websites.
      Invested MFs are good.
      Kindly read my articles to know about the additional investment that you may have to do;
      Retirement planning in 3 easy steps
      Kid’s education goal planning
      Calculate Future Value of investments.

      • saran says:
        October 23, 2015 at 10:04 am

        Hi,

        Thanks for your reply

        – Yes i own 1 company share only
        – LIC holding are as follows
        1) Jeevan Anand – 25000/year (Sum Assured – 6,00,000)
        2) Jeevan Surabhi – 14502/year (SA – 1,60,000)
        3) Endowment Assurance – 6894/year (SA – 1,00,000)
        4) SBI Pension plan – Discontinued after 5 years payments (12,000/year)

        Since i have a health insurance cover from my employer, do i need to take additional policy on the same.

        • Sreekanth Reddy says:
          October 23, 2015 at 7:57 pm

          Dear Saran,
          Asian paints is a good stock to own, consider holding it for long-term.
          You can either surrender LIC plans or make them PAID-UP. Get rid off unwanted life insurance policies.
          Read :
          Term insurance Vs Traditional Plans
          How to get rid off unwanted or mis-sold life insurance policies?

          Do not depend on Employer’s group health cover alone, it is advisable to have an independent health insurance cover.
          Read my article on “Best Health insurance plans comparison websites” and shortlist suitable health insurance plan.

          • Saran says:
            October 24, 2015 at 3:02 pm

            Hi Srikant,

            Thanks for your reply….

            Will review the LIC plans & do the needful corrections as suggested, morover can you suggest me a good MF to stay invested for a period of 15 years depending on my profile.

            Regards
            Saran

            • Sreekanth Reddy says:
              October 24, 2015 at 6:28 pm

              Dear Saran,
              For a 15 year time frame, you may consider investing in Equity diversified and mid-cap funds.
              Ex : Franklin smaller cos fund/ UTI midcap / DSP micro cap etc.
              Franklin primaplus / ICICI Dynamic / Franklin Highgrowth etc

  • shiju john says:
    October 21, 2015 at 2:49 pm

    Hi,
    I would like to start an ELSS primarily to save tax. I am a central govt employ.
    I am thinking abt the foll options:
    1.Axis long term equity fund
    2.Religare Invesco Tax Plan
    3.Tata Tax Advantage Fund

    I plan to do an SIP of around 1000/month each in the above funds to start with.
    Any suggestions??

    • Sreekanth Reddy says:
      October 22, 2015 at 6:08 pm

      Dear shiju,
      Kindly go through my article : Best ELSS funds.
      You may invest in one ELSS fund.

  • fredrick says:
    October 18, 2015 at 3:12 pm

    Hi Sreekanth,
    Thanks for such an informative article/s. I m 35yrs, Honestly to say I m new to these Mutual funds, and planning to invest 15k/m through sip,the purpose of investments is for daughters education. Kindly can u suggest some long term funds (10 yr) and also (5yr)and to what proportion.which would be better for good and healthy returns.

    • Sreekanth Reddy says:
      October 18, 2015 at 9:59 pm

      Dear fredrick,
      For 10 year goal : You may consider one balanced fund & one Mid-cap oriented fund (Ex : Hdfc balanced fund/TATA balanced fund & Franklin Smaller cos fund / UTI Midcap fund)
      For 5 year goal : Consider one balanced fund.
      Kindly read my articles;
      Best balanced funds
      Kid’s education goal planning
      Best Term insurance plans.

  • Roy says:
    October 17, 2015 at 1:12 pm

    Hi Sreekanth,

    Nice to see you back and active .

    Please find below my ongoing MF direct investment monthly sip details:

    Tata balanced fund -direct growth- 5 k
    ICICI pru focussed bluechip fund -direct growth- – 3 k
    Franklin India prima plus -direct growth -4 k
    ICICI Pru dynamic fund-direct growth-4k
    HDFC Mid Cap opp fund-direct growth-4 k
    Franklin India smaller co’s fund-direct growth-3 k

    The above funds are ongoing with a horizon of 10 years for my elder daughters post grad education

    HDFC Mid Cap opp fund-direct growth-5 k monthly sip ongoing (20 yrs horizon for my younger daughters marriage)

    Franklin India high growth co’s fund-direct growth-6k monthly sip ongoing (15 yrs horizon for my elder daughters marriage)

    Need your advice on a monthly sip of 15 k f ( investment horizon of 15 years) for my younger daughters post grad education.I was planning to invest 5 k each in a debt oriented fund(ICIC pru long term growth),balanced fund (HDFC balanced fund) & a ELSS fund (Axis long term equity fund) -assumption based on a return of 12 % post tax and hence a corpus of 65-70 lacs at the end of this invetsment term of 15 yrs.Education inflation taken at 10 %.

    Would appreciate your advise on the same.

    Thanks & Regards,
    Roy

    • Sreekanth Reddy says:
      October 17, 2015 at 7:01 pm

      Dear Roy,
      Appreciate your proactive planning and analysis.
      Independently each of the above listed funds are good ones. But you may consider trimming your portfolio a bit. It is not advisable to invest in multiple funds from same fund category.
      You may use “MF portfolio checker tools”.

      By the by, do you have sufficient life and health insurance covers??

      • Roy says:
        October 18, 2015 at 11:21 am

        Good morning Sreekanth,

        Thank you for your guidance.Basis the info on funds shared with you is the below plan ok to meet meet the goal mentioned.From the below mentioned funds franklin & tata are already ongoing to meet other goals and hence to avoid overlap will allocate additional amount.The only new fund will be axis elss ( want to add a elss to the portfolio as i want to exit HDFC tax saver )

        Franklin India Smaller Co’s fund-Direct growth : 4k
        Tata balanced fund -Direct growth: 6 k
        Axis long term equity fund-direct growth:5 k

        We do have a family health insurance cover from Bajaj Allianz .

        Thanks & Regards,
        Roy

        • Sreekanth Reddy says:
          October 18, 2015 at 12:09 pm

          Dear Roy,
          What about Life insurance cover?
          Read my article on : Super Top up health insurance plans.

          • Roy says:
            October 18, 2015 at 10:00 pm

            Hello Sreekanth,

            As mentioned we have a health insurance in place with a top up which amounts to 28 lacs.No life insurance cover in place .Could you please advise on a life cover as i am 46 yrs old.

            Also your suggestion on the 15 k sip too.

            Thanks & Regards,
            Roy

            • Sreekanth Reddy says:
              October 18, 2015 at 10:10 pm

              Dear Roy,
              Your first priority is to buy a Term insurance plan and one stand-alone Personal Accident plan.
              Kindly read my articles :
              Best Term insurance plans
              Best Personal accident plan.

              Selected funds are good ones.

              • Roy says:
                October 19, 2015 at 10:35 pm

                Hello Sreekanth,

                Thank you ,the referral articles were very informative .I am looking at Apollo Munich as far as personal accident plan goes and the online LIC term insurance plan.Please advice if these are ok.

                Is the allocation on the mutual funds ok (15 k split).

                Thanks & Regards,
                Roy

                • Sreekanth Reddy says:
                  October 20, 2015 at 1:10 pm

                  Dear Roy,
                  Kindly go ahead with your plans.
                  Allocation looks good.

  • Saikat Mazumder says:
    October 15, 2015 at 4:43 pm

    QUERY ABOUT FUNDS STILL MOVING SIDEWAYS:

    Hi Sreekanth, your blog is very informative & helpful.
    Also referring few other sites Recently I have done investment trough Funds India
    in the following

    Franklin India Bluechip
    Franklin India Prima Fund
    HDFC Equity Fund
    HDFC top 200 fund
    Reliance Growth Fund

    Have invested in liquid funds of the same AMC & doing VTP of 10k for each of the above funds. Horizon will be atleast 5 years.

    Other than above I have abt 30Lakh in FD , 10m worth real estate, excluding the apartment i am staying.
    So I can go for some risky investments.

    I have question about the funds with the lower fund.
    I understand & agree completely with the NAV of the fund does not matter, as the return will be in the percentage of nav based on the performance.

    While going trough long term charts of various funds I have noticed that few of the goods funds were were moiving sideways for a longtime, before going up. The side way movement is usually at the initial years & also for the bearish market.
    But the funds have returned a phenomenal figures, due bull market as well as fund managers efficiency.

    Examples:

    Reliance Growth fund : If the graph for the
    Since inception on Oct’95 till Oct2002 – the growth was slow – total return was below 100%.
    But from 2002 Oct till today the absolute growth is 40 times – in 13 years.

    if someone had invested
    10000- on Oct’02 in Reliance Growth, it would have become – 4 lakhs today in 13 years.

    So once the side wise movements are is on the up rise, the funds get a momentum, this can judged on the basis of

    The AMC, Fund Manager, asset allocation, Category ( have to be equity diversified) also may be few other factors other than performance – which might do well in future.

    Understand this is will be a very risky investment One Single fund can compensate for all other, as well as appreciate the toal investment by 10 times at least.
    If investment is done five funds & at least one is successful also, it will be a very high return.

    I have checked few funds which might fall into these category:

    1. Reliance Small Cap Fund – after side wise movement for 4 years, presently it has up by 160% in last 2 years.
    2. Reliance long term equity fund – side wise for 7 yeras (40%), going up for last two years
    3. Reliance Capital Builder Fund-A-G
    4. Goldman Sachs India Equity Fund-G
    5. Birla Sun Life Pure Value Fund-G

    There may be many, I am sure, your judgment will be much better than mine

    Trust I could explain my thinking – kindly suggest names about five funds which are suitable for the above criteria.

    • Sreekanth Reddy says:
      October 17, 2015 at 6:10 pm

      Dear Saikat,
      Equity funds will have Sideways movements, but the point is funds which can give better Returns with low Standard Deviation over a long period of time can be the best ones to invest.
      Franklin India Bluechip – Largecap
      Franklin India Prima Fund – Small/Midcap
      HDFC Equity Fund – Diversified
      HDFC top 200 fund – Largecap
      Reliance Growth Fund – Diversified.

      You have two largecap and two diversified funds. There is high possibility of Portfolio overlap here. Kindly read my article : “Tools to analyse MF portfolio overlap“.

      Consider including one Balanced fund.

      Any specific reason for maintaining Rs 30 Lac in FD?

      • Saikat Mazumder says:
        October 18, 2015 at 10:22 pm

        Dear Sreekanth,

        Thanks.

        I have realised there are few stocks which are over lapped, will keep it in mind, before further investments.

        The FD’s were done about two years back, while the annual interest was 9.5%. will be reducing gradually, for changing over to funds & stocks.

        Appreciate all your articles – which are quiet informative.

        Will consider balanced fund also for the next investment.

        Presently continuing with only above five funds maintianing the VTP, the horizon will be min. 5 years, looking for a 20-25% return after 15-20 years time.

        Thanks & best regards.

        Saikat.

        • Sreekanth Reddy says:
          October 18, 2015 at 10:39 pm

          Dear Saikat,
          Kindly note that it is next to impossible to pick good funds with NIL portfolio overlap, the key point here is.. too much overlap is not advantageous.

  • Anupama Sharma says:
    October 14, 2015 at 4:03 pm

    Hi Sreekanth,

    I would like to thank you for your wonderful job and genuine articles. Your website helped me to financially plan ahead my future and life. Please keep doing this great job and I wish you and your team a grand success.

    I am currently investing in Mutual Funds through SIP vide Axis Demat A/C as following since a 2 months ago : (All are Direct-Growth option and each 25K for 5 yrs and purpose is wealth creation, My age is 27)

    1. ICICI Prudential Focused Bluechip
    2. HDFC Mid-cap Opportunities
    3. Franklin India Prima Plus

    Could you kindly advise whether the selected options are worth and how long should l keep invested for best returns.

    Looking forward for your humble feedback and advise…

    Once again please posting articles and I shall regularly read it…

    Regards,
    Anupama S

    • Sreekanth Reddy says:
      October 14, 2015 at 9:08 pm

      Dear Anupama,
      Very happy to know that ReLakhs.com helped you in planning your personal finances. Thank you for following the blog’s articles 🙂
      Just wondering, are you sure that these are ‘DIRECT’ MF schemes?
      Have your created these SIPs for any specific financial goal of yours? (or) is your investment objective is to create long-term wealth (say for a period of 10 years or so from now)?
      By the by Invested funds are good ones.

      • Anu says:
        October 18, 2015 at 11:31 am

        Ya Sree, im sure those r direct option… and yes my goal is to keep the investments 10+ yrs…

        • Sreekanth Reddy says:
          October 18, 2015 at 12:12 pm

          Dear Anu,
          Carry on with your investments, these are good ones.
          You may consider adding one Balanced fund to your portfolio in future.

          • Anupama Sharma says:
            October 20, 2015 at 11:06 am

            Hi Sree, Im sorry to bother you… I am just confused with what you have asked me regarding the ‘direct’ . Could you explain to me because while doing online through my demat ac (axis direct) i selected Direct instead of Dividend. Is there something else… im just getting worried if i done anything wrong in my investments? Is is worth to do through the Demat A/c or will i be charged a lot?

            Really apologies to bother you with my worry…

            • Sreekanth Reddy says:
              October 20, 2015 at 1:22 pm

              Dear Anupama,
              Kindly read my latest article on DIRECT mutual funds and revert to me if you need more info.

  • bikash says:
    October 14, 2015 at 3:08 pm

    Hi Sreekanth,

    I want to invest for 5 years throgh sip in mutual fund. i can invest Rs 10000 per month.

    please suggest me some funds.

    • Sreekanth Reddy says:
      October 14, 2015 at 9:03 pm

      Dear bikash,
      Consider one Balanced fund and one Diversified Equity fund. Ex: HDFC Balanced fund & Franklin Prima Plus. You may allocate more funds to balanced fund.

    • Sreekanth Reddy says:
      October 14, 2015 at 9:03 pm

      Dear bikash,
      Consider one Balanced fund and one Diversified Equity fund. Ex: HDFC Balanced fund & Franklin Prima Plus. You may allocate more funds to balanced fund.

      • bikash says:
        October 15, 2015 at 11:19 am

        Dear Sreekanth,

        I have selected below funds .Some for 5 years and some for more than 5 years.

        1- ICICI Prudential Focused Bluechip Fund-Direct Plan ( G) -Rs.2000
        2- ICICI Prudential Value Discovery Fund- Direct Plan (G) -Rs.2000
        3- ICICI Prudential Balanced Fund- Direct Plan (G) -Rs.2000
        4-HDFC Prudence Fund-Direct Plan (G) – Rs.2000
        5-IDFC Premier Equity Fund – Regular Plan (G) -Rs. 2000

        And after six months depending on the performance I will increase the SIP amount or think for other funds.

        What is your view?

        Thanks,
        Bikash

        • bikash says:
          October 15, 2015 at 11:22 am

          As large cap Funds are buying more stocks as per news ,shall i consider them grow better than other funds.I am also interested in franklin India bluechip fund.

          • Sreekanth Reddy says:
            October 15, 2015 at 8:45 pm

            Dear Bikash,
            Kindly let me know which are the funds for < 5 years and > 5 years??

            I believe that one balanced fund is enough. The fund manager of IDFC fund has recently changed, it is advisable to invest in some other mid-cap fund (assuming you have not yet started the SIPs).

            • bikash says:
              October 16, 2015 at 11:19 am

              Hi Sreekanth,

              ICICI Prudential Balanced Fund- Direct Plan and HDFC Prudence Fund-Direct Plan for less than 5 years. I may consider ICICI Prudential Value Discovery Fund- Direct Plan depending on the situation.

              Icici bluechip and IDFC equity funds are for long term.

              I have a education loan of Rs. 2,52,000 . Will it give me tax benefit ?
              Main aim is to repay the Loan and have a some money if surplus.

              From next year I will be in Income tax slab 1.

              please suggest .
              Shall i consider some arbitrage funds and short term debt funds?

              If so please suggest some funds.
              Bikash

              • Sreekanth Reddy says:
                October 17, 2015 at 6:21 pm

                Dear Bikash,
                Under Section 80E you can claim tax deduction benefit on the interest payment of your education loan.
                Kindly let me know your age, do you have any dependents?
                Check for portfolio overlap before investing in the above good funds : Check Portfolio overlap of MFs.

                • bikash says:
                  October 18, 2015 at 6:35 am

                  Dear Sreekanth,

                  I am 23 now.No solid dependents.

                  Shall i get tax benefit from mutual fund’s capital gain based on my education loan?

                  Based on this please suggest me some good funds.

                  Thanks

                  • Sreekanth Reddy says:
                    October 18, 2015 at 12:07 pm

                    Dear Bikash,
                    There is no link between MF capital gains and your Education loan.
                    The interest amount paid on your educational loan can be claimed as tax deduction under Sec 80E.
                    Whereas the Long term capital gains (if any) from MFs are tax exempted.
                    Read my article : MF taxation rules.

                    • bikash says:
                      October 18, 2015 at 3:11 pm

                      Dear Sreekanth,

                      then in which scheme i should invest??please specify the names of the scheme.

                      bikash

                    • Sreekanth Reddy says:
                      October 18, 2015 at 9:52 pm

                      Dear Bikash,
                      You may consider investing in HDFC prudence / HDFC Balanced fund to start with. Once your income is in taxable limit, consider investing in an ELSS fund like Franklin Taxshield to claim tax deduction.

  • Rajesh says:
    October 12, 2015 at 10:22 am

    Hi Sreekanth, Great informative article. I have already started sip in below funds from 2015. Now, I want to invest extra 4000 pm in some midcap or small cap or Balanced fund(my age is 29). Please suggest one more good fund for long term(5 to 10 years) investment. I have selected “Franklin India Smaller Cos Fund-G”, but there is 30% overlap with HDFC mid-cap. Please suggest one good fund. Thanks.

    HDFC mid-cap opp. growth (MidCap) – 3000
    ICICI focused bluechip growth (LargeCap) – 3000

    • Sreekanth Reddy says:
      October 12, 2015 at 7:11 pm

      Dear Rajesh,
      You may consider investing in a balanced fund . Suggestions : TATA Balanced fund / HDFC Balanced fund.

  • Ramesh says:
    October 9, 2015 at 8:08 pm

    Dear Sreekanth,

    Thank you for the detailed analysis and insights. I have a question on the returns percentage mentioned by the various fund houses. Let me explain my question with an example. Let’s take Franklin India Prima Plus as our example. This fund has delivered an annualized return of 18.83% (10 year horizon). For discussion sake, let’s assume that the fund’s expense is 2.5%. What is the real return of the fund? When we say that the return is 18.83%, do we need to reduce 2.5% from the returns published in the Scheme documents to get the actual returns (i.e. the real return is only 16.33%)? Or, is it the case that the expenses are already factored in the Return % computation?

    This may be a novice question, but that is what I am right now. Highly appreciate your inputs.

    Thanks

    • Sreekanth Reddy says:
      October 9, 2015 at 9:58 pm

      Dear Ramesh,
      The expenses are already factored in the NAVs (Net Asset Values).

  • Xerxes says:
    October 6, 2015 at 10:58 am

    Hi Relakhs Experts,

    I want to accumulate money for the downpayment of a house by end of 2020. I am planning to start investing from 2016 onwards. I have zero investments and savings till date, except for ppf and epf which is for retirement planning. My age is 32

    Goal: To buy a house worth 80 Lakhs to 1 Crore by 2020. Need money for down payment and misc. expenses of anywhere in the range of 30 to 40 lakhs by 2020

    Investments: Plan to invest Rs. 33000 per month. Can invest in mid cap, small cap as well. Browsed through a few mutual funds report on your website and other websites. Came across some common names for high rate of returns proportionate to its volatility. MF’s like ICICI Value Discovery, Franklin India Smaller Companies, Franklin Prima Plus, ICICI Pru Dynamic Fund, UTI Midcap, HDFC Midcap

    Tenure: From Jan 2016 to Dec 2020 (5 Years)

    Question:
    1. What would be a good mix in the above mentioned funds and in what proportion?
    2. Are there any other funds you can suggest?
    3. IF not these funds, what do you suggest and in what proportion?

    • Sreekanth Reddy says:
      October 7, 2015 at 8:01 pm

      Dear Xerxes,
      Do you have any family member(s) who are financially dependent on you? Do you have sufficient life insurance cover?
      I believe that retirement planning should be your top most priority.
      Kindly read below articles;
      Retirement planning made easy
      The 6 most common financial planning mistakes
      Calculate future value of your investments
      Financial Planning pyramid.

  • RAHUL SAXENA says:
    October 2, 2015 at 1:30 pm

    hi,
    we have some emergency fund which we will used in a better way that’s why we choose some liquids mutual fund as follow;
    * dsp-br liquidity fund ip(g)
    * icici pru money market fund (g)
    *hdfc liquid fund g
    * axis liquid fund g
    so in which fund we go with them to invest contingency fund which is around 1.1 lac so kindly do suggest to me asap..
    apartfrom we are doing some long term investment thru mutual fund (SIP) PLANS are also see is it any change required in these funds , we are doing sip from 2 yrs

    * birla sun life MNC fund g —- 1000 pm
    * icici pru focuesd blue chip equity fund g ——- 1000pm
    * idfc premier quity fund regular plan —- 2000 pm
    * hdfc equity fund —- g —— 1000 pm
    * reliance equity oppotunities fund g — 1000 pm
    * BNP Paribas long term equity fund g — 2000 pm

    Regards

    Rahul

    • Sreekanth Reddy says:
      October 10, 2015 at 7:49 pm

      Dear Rahul,
      Why did you choose 4 debt funds for maintaining your emergency fund?
      Regarding the equity funds – Kindly go through my article on ‘MF portfolio overlap analysis‘ to trim your portfolio.
      The fund manager of IDFC Premier equity fund has changed, so keep an eye on its performance for next 1 year or so.

  • ANKUR says:
    September 28, 2015 at 3:34 pm

    hi everyone…. I am new in this and eagerly wants to invest in SIP thru Mutual funds Equity scheme for long term 20years t0 40years also upto retirement.

    Please some one suggest me very soon. 9779377756

    Name: Ankur
    Age: 26years
    Profession: Engineer

    • Sreekanth Reddy says:
      October 2, 2015 at 11:50 am

      Dear Ankur,
      You can invest in 2 to 3 funds for long-term wealth accumulation.
      You may consider these funds;
      Mid cap – HDFC mid-cap / UTI mid-cap / Franklin Smaller co’s fund
      Diversified – Franklin prima plus / ICICI Dynamic fund
      Balanced fund – HDFC balanced / TATA balanced fund.

  • Suman Santra says:
    September 27, 2015 at 11:35 pm

    Sir, I (age-26) want to start invest in MF through SIP with amount 500/month for 30 to 32 years. Please suggest the best SIP plan which is of low risk and where it is not necessary to constantly checkup. I am first time going to start in MF so please also suggest me that whether I can increase my monthly investment in future? If it is YES, then how?
    Also I want to know that if anyhow I failed to invest in future, what will happen?

    • Sreekanth Reddy says:
      October 2, 2015 at 12:52 pm

      Dear Suman,
      You can skip/pause your future SIPS, no worries. You can also increase your SIP amount and also can purchase additional Units of the same fund.
      Suggest you to start with a SIP on Balanced mutual fund like HDFC balanced fund.
      Read my article on : Top Balanced funds.

  • MANISH KAPOOR says:
    September 27, 2015 at 7:20 pm

    SIR, I’VE RECENTLY INVESTED
    1.) 1,00,000/- IN DSP BLACKROCK MICRO CAP FUND (G)
    2.) 70,000/- IN RELIANCE SMALL CAP FUND (G)
    3.) 20,000/- IN ICICI PRU EXPORTS & OTHER SERVICES FUND (G)
    HAVE I MADE GOOD CHOICES?

    • Deb Chatterjee says:
      September 27, 2015 at 11:34 pm

      Hi Manish,
      you need to inform few things like
      What is your age & investment horizon & risk appetite.

      Also, I guess you have invested the surplus as lumpsum. Investing lumpsum in equities makes it risky, especially in this kind of volatile market. Also, 2 of your chosen funds are small cap (DSP BR micro & reliance small cap) & ICICI Xport fund is basically a type of sector fund (pharma & IT).

      Although all these 3 funds are performing well, the smallcap & sector fund has made your investment even more riskier.

      STP option inspite of lumpsum & mid or diversified fund (ICICI Discovery, UTI mid cap, HDFC Midcap, Franklin High Growth companies fund etc) instead of small & sector fund would have been much more smarter option.

  • Deb Chatterjee says:
    September 27, 2015 at 4:18 pm

    Hi Shreekanth,
    I have two investable surplus in hand.
    Component A- 2 Lakh for tenure 15 to 18 months,
    Component B- 50k for tenure 3-5 years

    I fall under 10% Income Tax bracket & I want lesser risk with secured return for both the components.

    Which of the 6 categories will be best for me with respect to best return in minimum risk? (Nett return after deducting Exit load, Income tax, capital appreciation tax & indexation wherever applicable)
    1. Medium to Long term Gilt Fund
    2. Short Term Debt fund
    3. Long Term Debt Fund
    4. Ultra short term Debt Fund
    5. Liquid Fund
    6. Govt Bank FD

    Kindly Suggest.

    Regards,
    Deb

    • Sreekanth Reddy says:
      October 2, 2015 at 12:49 pm

      Dear Deb,
      If you want ‘secured’ return then Govt bank FD suits your requirements.
      But for 3 years horizon, you may consider MIPs. Kindly read my article – “Top MIP Schemes“.

  • Paresh K N says:
    September 26, 2015 at 11:34 pm

    Sir, I have read ur review and planing t0 invest in Mutual fund first time. I have short listed some fund by ur review please guide me..
    1.ICICI VALUE DISCOVERY FUND : Rs.1000
    2.AXIS LONG TERM EQUITY FUND (TAX SAVING) : Rs.500
    3.MIRAE ASSET EMERGING BLUECHIP FUND(G): Rs.1000 (FOR 5yrs)
    4. FRANKLIN INDIA HIGH GROWTH COMP FUND : Rs.1000
    5.UTI MNC FUND : Rs.1000
    6.BIRLA SUNLIFE FRONTLINE EQUITY FUND : Rs.1000
    7. HDFC TOP 200 : Rs.1000
    8. HDFC EQUITY : Rs.1000

    I want to invest in 1 tax saving & 4 Equity mutual fund for 10 years minimum& TOTAL amount for all funds Rs.4000 to Rs.5000 per month. please guide me select good fund from my list or your best suggestion..i am waiting for your reply as early as possible.

  • Gaurav singh says:
    September 25, 2015 at 9:59 pm

    Feel free call us we will suggest you better for your.
    9555508393

    • paresh says:
      September 28, 2015 at 10:12 pm

      Ok sir..i will call u ..

  • shiju says:
    September 24, 2015 at 9:22 pm

    Hi expert,
    I am 33yrs and my net monthly saving is 75000/-.
    My investment details are below:

    1) LIC Jeevan Anand annual premium 103000/- from last 3 yrs. total sum assured 25 lakhs.
    2) Liability – 7 lakhs
    Planned monthly investment 20000/-
    Kindly suggest some of the best funds to invest (SIP) for a flexible term of 3-10 years in order to yield best returns
    Regards,
    Shiju

  • Vishesh kumar says:
    September 23, 2015 at 2:21 pm

    shree, I invest sip HDFC TOP 200 – 1000 ( last 41 months) , new purchase may 2015 HDFC Balance – 500 , Uti MNC – 500, Uti opportunities – 500, SBI blue chip(G) – 500, I purchase new sip 1000 monthly, plz suggest me new fund.( total investment next 20 years regular I need 1 k for my daughter)

  • Sushant Kumar Prusty says:
    September 21, 2015 at 4:11 pm

    Hi,
    I am 31 years old & my take home salary is 50,000. I am married & i am the only salaried person in my family. But i dont have much liabilities as my parents get money from a P.G. business which we have in our home town.
    I am planning for my investments now.
    My Investments & savings till date:-
    1- 2 lacs in FD & RD
    2- Total amount of Rs. 1 lac is in my ppf account. I started investing in ppf 3 years back.

    I need more suggestion from you. Listed below are my plans of investment but please guide me how to invest it in better way:-
    a- Planning to Invest in Mutual funds through SIP but need some suggestion that which mutual funds will give more return as well as give tax benefits.
    b- Planned to invest in house or land but not yet decided.

  • Vinod says:
    September 20, 2015 at 1:46 pm

    Hello,
    I want to start invest in MF through SIP with amount 5000/m. Please suggest the best sip plan. I am first time going to start in MF so please also suggest me that I invest in one scheme or more than one scheme.

    • Dipak Agarwal says:
      September 20, 2015 at 3:37 pm

      You can Start SIP for the below Plans:

      1) Axis Long Term Equity – Direct – Growth : Rs. 2,000.00
      2) HDFC Balance Fund – Direct – Growth : Rs. 1500.00
      3) Birla Sunlife Frontline Equity – Direct – Growth: Rs. 1500.00

      Time Horizon: Minimum 10 Years so, you will get better returns.

  • Dinesh says:
    September 19, 2015 at 9:21 am

    Dear Sreekanth,
    I have a kid around 4 years old. We are thinking to save around 15000 per month for his higher studies. We have a time horizon of 15 years. So i am thinking to invest in Long term euities. Is it better to invest whole 15K in euities or do i need to break it as balanced and euities. Please suggest some good funds for my long term plan

    Thanks

  • neharika says:
    September 18, 2015 at 3:42 pm

    i am working in government sector my salry is 50000 per month i am a woman age 33. i can invest 10000 per month for 10 years ..dont have much knwledge ..please suggest SiP with good return and pros and cons.. .

    • sajan says:
      September 18, 2015 at 8:46 pm

      It’s good that it time horizon is 10 yrs & ur age 33 so u can invest it money 60 % high risk & 30% mid or low risk but u r New in this field so 50 to 70 % money invest in balance fund & rest to equity (G)fund.some fund suggested for u.balance fund hdfc balance (G) fund &icici pru balance G fund,equity fund r uti equity growth fund , uti opportunities growth fund & hdfc equity growth fund

    • Gaurav singh says:
      September 25, 2015 at 9:56 pm

      Here we are providing a platform where in you can compare plan as per your and as per your need. So please call us. We will suggest you better plan.
      Contacts here
      9555508393

  • ravi says:
    September 17, 2015 at 12:54 pm

    hello expert, I am 31yrs and my monthly take home is 70000.
    My investment details are below:
    1) PPF full amount from last 4 yrs.
    2) LIC jeevan anand yearly premium 20500. from last 4 yrs. total sum assured 5lkhs.
    3) RD of 10000 per month form last 3 years.
    4) Home loan EMI 12000 per month from last 6yrs. Planning to payoff now. total principle remaining around 5lkhs.

    My goals:
    1) I am planning to switch my RD amount into mutual fund now for long term around 15yrs to 20yrs.
    My view :- I have shortlisted few of funds like : (they are best as per today’s market. later on I can switch to other funds also. ) I have focused on diversified fund. because sector funds have high risk. but offcourse I can add pharma and fmcg funds also .
    SBI bluechip : 2000
    SBI Magnum Balanced Fund : 2000
    Franklin India High Growth Companies Fund : 1000
    JPMorgan India Mid and Small Cap Fund :1000
    ICICI Prudential Value Discovery Fund :1000
    Franklin Build India Fund :1000
    L&T India Value Fund :1000
    Canara Robeco Emerging Equities :1000
    2) Planning to buy second home in next one year. I already have home which is worth 1crore.
    My view :- Planning to buy home of around 40-50lkhs. Home loan will be half at max. 25lkhs.
    for it EMI will come of around 25000 per month. though rental income is not full proof income.
    but on lower side i will expect 10000 as rent. so effective emi will work out 15000.
    In worst case like delay project or no rental also i can hold property.

    Kindly suggest your view about my planning. Put some light for property buying and any other good fund i can add.

    Regards,
    Ravi

  • hitesh vyas says:
    September 14, 2015 at 9:54 pm

    Sir,I want to invest in mutual fund ,I am new investor .I want to create 30 lac corps in next 10 year. Please suggest me best mutual fund and how much every month investment required.

  • Roy says:
    September 14, 2015 at 10:04 am

    Hello Sreekanth, Awaiting your reply. Thank you.Roy

  • Anupam says:
    September 13, 2015 at 6:44 pm

    Sir,
    I want to know which mid cap fund is better between ICICI pru value discovery fund or hdfc mid cap opportunities fund. I have already ICICI prudential focused blue-chip equity fund and hdfc balance fund. My time horizon is 17 year’s

    • sajan says:
      September 18, 2015 at 8:27 pm

      As u have written that ur time horizon is 17 yrs so it both fund is good.u can invest in anyone in uti or hdfc midcap (G) fund

  • vishesh says:
    September 13, 2015 at 4:02 pm

    sir, my sip investment HDFC top 200 – 1000 / month ( last 40 months) ,new purchase May 2015 HDFC balanced – 500 /month, uti MNC (G) – 500 / months , uti opportunities – 500 months , SBI bluechip – 500/ months, total 3000 month , this investment next 20 years regular, what’s the minimum – maximum total fund value,

  • vishesh says:
    September 13, 2015 at 4:01 pm

    sir, my sip investment HDFC top 200 – 1000 / month ( last 40 months) ,HDFC balanced – 500 /month, uti MNC (G) – 500 / months , uti opportunities – 500 months , SBI bluechip – 500/ months, total 3000 month , this investment next 20 years regular, what’s the minimum – maximum total fund value,

    • sajan says:
      September 18, 2015 at 8:03 pm

      U have good portfolios.u can calculate ur return 13 -17 % annually

  • Dr Mohan Raj says:
    September 13, 2015 at 2:26 pm

    Dear Sreekanth,
    I’m planning to start an SIP for my two daughters ( 19 & 21 ) for an amount of 10000 per month. Can you suggest some funds for me ; usually how many funds is it desirable to invest in and more importantly ones where its not necessary to constantly checkup on since I don’t think they will. Start early is the mantra so I thought it would be wise to start investing for them now and later they can continue once they start earning.

    • sajan says:
      September 18, 2015 at 8:18 pm

      U can invest ur money in three fund -uti opportunities(G),hdfc balance (G) &icici pru dynamic (G) fund.G stand for growth fund.u can also see for anyone midcap fund

  • krishnaprasad says:
    September 13, 2015 at 8:29 am

    Hi I would like invest in mutual funds. Can u suggestions me which fund is good performance. My investment should be 5k

  • Pradipta says:
    September 12, 2015 at 7:41 pm

    Hi Sreekanth,

    Thanks for your informative topics related to mutual funds. my portfolio is

    1. Hdfc balance
    2. Hdfc midcap
    3. axis long term equity

    Have lump sum investments in

    SBI Emerging
    Reliance Pharma
    Reliance MIP

    I have a horizon of 10 years, is it fine or do i need to do any changes

    Pradipta

  • Nagarajan says:
    September 11, 2015 at 10:27 am

    Hi Sreekanth,

    At the outset, I congratulate you for your expert guidance offered to investors on a regular basis.

    I am 45 years old. I am working as a Zonal Sales Manager in a reputed private company. On seeing your blog, I got interest in investing in MFs. I have not placed my hand in MF so far. I can invest Rs.One lac lumpsum for a period of 3 years. There is no goal for this fund. My only purpose is to get good returns on this amount. Since I am new to MF, please suggest me the fund name so that I can invest in that fund.

    Further, to start with I am also interested in investing in SIP funds. I can allocate Ra.3000/- p.m. for a period of 3 years. Suggest me a good fund name for SIP investment also.

    Thanks and regards

    Nagarajan

    Thanks and regards

    Nagarajan

    • Nagarajan says:
      October 17, 2015 at 7:36 pm

      Hi srikanth,

      Pls reply to my message dt.september 11, 2015

      Regards

      Nagarajan

      • Sreekanth Reddy says:
        October 18, 2015 at 12:04 pm

        Dear Nagarajan,
        May I know why is that you are limiting the time-frame to 3 years for both lump sum and for SIP investments? Any specific reason?

  • virender singh says:
    September 10, 2015 at 11:15 am

    Sir,

    I want to invest through SIP 2-3k p.m. for 10 yrs, which scheme is good for high returns.

    thanks

    virender singh

  • ravi says:
    September 9, 2015 at 10:34 pm

    Hi.
    Sir I m.35yrs old. I have no.idea to.invest. I.may invest at.least 3000.pm. suggest me way. Which one mutual fund will.b best 4 me to take.good return.after 15 yers.

  • Tejal says:
    September 9, 2015 at 9:28 pm

    Hello,
    I am new to this type of SIP investment & scare of market risk.
    I earn good salary and would like to make some investments in SIP for around Rs.5000/- pm.
    Investment term would be around 5 years.
    Could you please suggest which plan will be suitable to invest?

    Thanks

  • subhasis das says:
    September 9, 2015 at 3:04 pm

    my time bar is 15 years and i want to keep investing in MF through SIP Rs 2000/- per month for next 2 yrs in two parts-i) in equity fund ii) in balanced fund and gradually increase my SIP amount.Pls suggest me.

  • Vivek Aggrawal says:
    September 8, 2015 at 6:46 pm

    Sir,
    I am investing 5000 PM for UTI equity, 5000 for Franklin small companies and 5000 for HDFC mid cap fund. Now I wanted to add 5000 PM each for ICICI export & other services and UTI MNC fund. My time horizon is minimum 12 year (kids’ education).
    I have checked many sites e.g. Money control, Value research etc. and different tools for return calculator.
    In short and medium term e.g. 1 year, 2 year, 3 year, 5 year and 7 year these two fund(ICICI export & UTI MNC) has given very good return and always in top 10. Also these two funds are classified as diversified fund in Money control and consistent Rank 1.
    Can you please suggest if I can invest in these two funds?

    Thanks & regards
    Vivek

  • PRADEEP SINGH says:
    September 8, 2015 at 6:15 pm

    HI sir I m aged 29 yr and want to invest rs 8000/month thru SIP for a tenure between 10-15 yr ,motive is wealth creation ,kindly guide.

  • TARAK NATH KARMAKAR says:
    September 8, 2015 at 12:54 pm

    I MM 35,MY SON 2 YEARS,I AM INVESTING RS1000 FOR BOTH HDFC EQUITY FUND &HDFC MID CAP.. THROUGH SIP.PLS SUGGEST SIP FUNDS FOR LONG TERM-CHILD EDUCATION&MY RETIREMENT

  • mani says:
    September 7, 2015 at 9:09 pm

    Hi Srikanth,

    you are articles very good and informative. I have recently started investments into Mutual funds. I am planing to invest monthly 20000. Please review my funds and let me know if i need to add any new funds to my existing portfolio and also suggest me % allocation to each fund. time horizon is 15 years .

    Below are the fund i have started investing.

    1) ICICI Pru value discovery fund—2000

    2) UTI Equity fund–4000

    3) Axis Long term equity –3000

    4) Tata balanced fund–3000

    Thanks
    Mani

    • Sreekanth Reddy says:
      September 8, 2015 at 11:26 am

      Dear Mani,
      As you have an investment horizon of 15 years, you may allocate more money towards ICICI Value Dis instead of Rs 4k in UTI equity fund.

  • Ashishh says:
    September 7, 2015 at 2:50 am

    Sir, I am 26, employed. Till now, my investment has been FDs and a couple of life insurance. I want to invest in mutual funds. But am afraid as I have almost nil market knowledge.
    Aim: long term wealth creation (10-12 yrs).
    Present salary: 40k pm..
    Need your sincere guidance.
    Regards
    Ashishh

    • Sreekanth Reddy says:
      September 8, 2015 at 11:21 am

      Dear Ashishh,
      I have replied to your email..kindly check 🙂

  • Amit yadav says:
    September 6, 2015 at 7:19 pm

    Hi,
    I invested 4000 in ICICI midcap and 3000 in hdfc balanced fund through SIP.
    I want to invest 4000 more.
    Please suggest one/two good fund. So that good portfolio will create.
    Time horizon is 7-10 years
    Selected icici pru export and services fund for 2000 sip. Is it good fund?

    • Sreekanth Reddy says:
      September 8, 2015 at 11:17 am

      Dear Amit,
      You may opt for Franklin Prima plus..

  • Mahesh says:
    September 3, 2015 at 7:55 pm

    Hello Sir,
    I am 41 year old and wanted to invest 50000 PM in mutual fund via SIP. I am already having term, health insurance and no outstanding loans. I am having FD /Debt/PPF and PF of about 15 lakh.
    My Goal is RS 20 lakh after 9 year for my son graduation, 50 lakhs after 13 year for higher education and then build corpus for retirement (age of 55).

    I have selected below fund with goals.

    1. LARGE CAP –ICICI focused blue chip – RS 7000 PM – For Graduation (continue after for higher education and retirement corpus)

    2. Balance fund – HDFC Balanced fund – Rs 8000 PM – For Graduation(continue after for higher education and retirement corpus)

    3. Franklin High growth companies – Rs 17000 PM – For higher education (continue after for retirement corpus)

    4. HDFC mid cap –Rs 18000 PM for retirement.

    Please advise me if the distribution of money and fund is correct.

    Thanks & regards
    Mahesh

    • Sreekanth Reddy says:
      September 6, 2015 at 4:44 pm

      Dear Mahesh,
      The selected funds are good for the mentioned time-frames.
      For 2nd point – You may consider one Equity diversified fund too as the goal year is 13 years from now.
      Suggest you to kindly read below articles;
      Kid’s education goal planning
      Retirement planning in 3 easy steps
      Calculate future value of investments.

  • Vishesh says:
    September 3, 2015 at 4:56 pm

    sir, I purchase HDFC top 200 fund sip 1000 mly last three years, May 2015 se 2nd HDFC balance fund 500 mly, 3rd uti MNC 500 mly, 4th uti opprtunities 500 mly, 5th SBI blue chip fund 500 mly,,,regularly next 20 years, I give 1 crore rupees this is possible & what’s changes, plz reply my mail Id …..

    • Sreekanth Reddy says:
      September 6, 2015 at 4:40 pm

      Dear Vishesh,
      All funds are good but you may check for ‘Mutual fund portfolio overlap‘ among these funds.
      The selected funds are good ones.
      Kindly read my article on : ‘Calculate future value of your investments..‘ to check if accumulating Rs 1 Cr is possible or not.

  • prem punia says:
    September 3, 2015 at 1:54 pm

    Dear Sir,
    Pls give ur advice on following
    portfolio.
    I am 30yr. old……. investment period >10year.
    (1) uti equity 1000/- pm
    (2) Franklin higher growth comp.-500/-pm
    (3) Franklin smaller comp.-1000/-pm
    (4) hdfc midcap-1000/-pm
    (5) uti mid cap-700/-pm
    (6) axis long term and Franklin taxshirld- lumsum for tax purpose.
    (7) hdfc balance- lumsum when market down >200.
    (8) uti transportation and logistics-lumsum when market down >200.
    pls advice its ok or any changes required in it.

    • Sreekanth Reddy says:
      September 6, 2015 at 4:38 pm

      Dear Prem,
      Kindly go through my article on : Mutual Fund Portfolio Analysis tools and try to trim down your portfolio to 3 to 4 funds.
      Kindly revert to me if you need any assistance.

      • prem punia says:
        September 6, 2015 at 7:44 pm

        Dear sir,

        I decide to change portfolio like

        (1) Franklin higher growth
        comp.-500/-pm
        (2) Franklin smaller
        comp.-1000/-pm
        (3) hdfc midcap-1000/-pm
        (4) axis long term and Franklin tax shield- lumsum as per required.

        (1) its good to invest 1000/- in hdfc midcap & 1000/- in Franklin smaller comp. or invest 2000/- in only one fund… if one then which
        (2) pls suggest its ok or required any changes….

        • Sreekanth Reddy says:
          September 8, 2015 at 11:19 am

          Dear Prem,
          The list looks fine. If you have already invested in Franklin Smaller fund, invest the additional Rs 2k in the same fund.

  • tarun says:
    September 3, 2015 at 1:31 pm

    Hello,
    I have invested in Axis Long Term Equity Fund Growth as a SIP amounting to Rs 5000 per month. now i also want to invest same amount as SIP in Franklin India Taxshield. But the problem is there are about 20-25% Portfolio overlap between the two fubds. Is this overlap okay? Should i Go for the investment? Please do suggest another Fund . thanks in advance.

    • Sreekanth Reddy says:
      September 6, 2015 at 4:36 pm

      Dear Tarun,
      If your investment objective is for tax saving and long-term wealth accumulation then invest in Axis itself.
      If your investment objective is just long-term wealth accumulation (>10 years), go for a mid-cap oriented fund.

  • Roy says:
    September 3, 2015 at 1:21 pm

    Hello Sreekanth,

    Good Afternoon ! I want to invest in a sip of Rs.5000/- pm for a period of 15 yrs as a plan towards my daughters marriage.

    Please advice as to the category of MF’s i should look at and also whether i should divide this amount among 2 -mutual funds or stay put with 1 mutual fund of 5000/- ( i already have a sip of 23,000 divided across 6 mf’s towards my daughters education)

    Thank you .
    Roy

    • Sreekanth Reddy says:
      September 6, 2015 at 4:35 pm

      Dear Roy,
      Kindly list out the existing MF scheme names.
      You may read my articles;
      Kid’s education goal planning tool
      Mutual fund portfolio overlap analysis
      Calculate Future value of your investments.

      • Roy says:
        September 7, 2015 at 10:20 am

        Hello Sir, Good morning,details as below, Tata balanced fund-5 k. Icici pru focussed blue chip fund-3 k. Franklin India prima plus-4 k. Icici pru dynamic fund-4 k. Hdfc midcap opp fund-4 k. Franklin India smaller cos fund-3 k. The above 6 funds have been invested in over a 10 yr horizon for my daughter’s post grad education. I would like to invest 6 k -15 yrs and 5 k -20 yrs towards my daughter’s marriage. Would appreciate your valuable advice on the same. Thank you.

        • Sreekanth Reddy says:
          September 8, 2015 at 11:23 am

          Dear Roy,
          Invested funds are good ones. You may invest the additional amount in the same funds. For 20 years goal, consider allocating more amount in a mid-cap oriented fund like HDFC mid-cap.
          Also, check the mutual fund portfolio overlap for your funds.

          • Roy says:
            September 9, 2015 at 11:07 am

            Hi Sreekanth,is it ok if I invest in uti equity fund-3 k & Hdfc capital builder-3 k for a period of 15 yrs purpose being my elder daughter’s marriage &.uti midcap – 5 k for a period of 20 yrs purpose being my younger daughter’s marriage. Thank you

  • AJIT says:
    September 2, 2015 at 10:03 pm

    Sir I have to invest in sip for long term for 20 years amount of rupees 30,000 per month. sir kindly suggest for my portfolio.

    • Sreekanth Reddy says:
      September 6, 2015 at 12:20 pm

      Dear Ajit..You may pick one fund each from mid-cap category, multi-cap and balanced fund categories.

      • AJIT says:
        September 6, 2015 at 10:15 pm

        Sir
        My time horizon is 20 years

        Which two funds will give high return
        Tata balance fund plan A
        Or
        Icici balance fund
        Or
        Hdfc balance fund

        Which two funds will give high return

        Uti madcap
        Or
        Hdfc midcap
        Or
        Franklin India smaller companies
        Or
        Sbi midcap

        Which two funds will give higher return

        Franklin india prima plus
        Or
        Franklin india opp (g)
        Or
        Icici Prudential dynamic fund
        or
        Icici Prudential value discovery fund
        Or
        Uti mnc fund (g)
        Or
        Hdfc capital builder
        Or
        Dsp – Br micro cap fund (g)
        Sir kindly give me direction I will be thank full to u.

        • Sreekanth Reddy says:
          September 8, 2015 at 11:20 am

          Dear Ajit,
          I can not predict which funds will perform comparatively..All listed funds are decent ones, you may pick one from each fund category and remain invested for 20 years (keep monitoring the fund performances).

  • mukesh sharma says:
    September 2, 2015 at 10:45 am

    i have invested 30,000/- in UTI MID CAP DIRECT GROWTH fund is it good to stay invested in this fund, for next five years.

    • Sreekanth Reddy says:
      September 6, 2015 at 12:19 pm

      Dear Mukesh..you may remain invested..

  • SUBIN says:
    September 1, 2015 at 10:44 pm

    Sir,
    I am a NRI, Age 34 planning to start SIP of Rs. 5000 per month for 20 years. Please recommend some good funds for long term.
    Thanks

    • Sreekanth Reddy says:
      September 6, 2015 at 11:32 am

      Dear Subin,
      You can consider two funds – one mid-cap fund and a equity multi cap fund. EX : HDFC Mid-cap opportunities fund & Franklin Prima plus.

  • Bhagwan Murthy says:
    September 1, 2015 at 9:45 pm

    Which of the above is tax-free?

    • Sreekanth Reddy says:
      September 6, 2015 at 11:31 am

      Dear Bhagwan..ELSS funds are tax saving ones.

  • Valarmathy says:
    September 1, 2015 at 1:53 pm

    Hi Sreekanth

    I am planning to invest in following mutual funds for 5 yrs or more. In future i am planing to invest more for my kid’s education expenses after getting comfortable with this investments.
    ICICIPRU FOCUSED BLUE CHIP fund – 2000
    FRANKLIN SMALLER COMPNIES – 1000
    AXIS LONG TERM Equity fund – 2000
    TATA balanced fund – 2000
    HDCF Balance fund -2000

    Please tell me whether its fine to proceed with these plans.

    • Sreekanth Reddy says:
      September 6, 2015 at 11:29 am

      Dear Valarmathy,
      All are fine. You may opt for one balanced fund.
      Kindly read my article on – Kid’s education goal planning.

  • Harsh Vardhan Sarda says:
    August 31, 2015 at 12:22 pm

    great to see your in depth study. Need your help. I want to invest in different m/f( sip) for my son who is part of the indian tenpin bowling team , currently the national champion and 20th in the world ranking out of 102 countries. I am retired so i can be on line to change the portfolio from time to time. want to know
    1. Would go for high risk m/f (sip) only
    2. how often can you switch in a year without paying 15% gains tax. Can be same m/f or can we switch with any other m/f
    3. If you miss to pay the fixed amount in a month what happens.
    4. can you pick 4 or 5 best m/f as of today.
    5. Period is for 3 years

    • Sreekanth Reddy says:
      August 31, 2015 at 8:15 pm

      Dear Harsh,
      It is not advisable to switch Mutual funds often. Suggest you to invest in equity mutual funds for long-term wealth creation.
      You can skip mothly SIP or you can pause it, no worries..
      You may consider investing in a balanced fund for 3 to 5 years.
      Kindly read my articles;
      Top Balanced funds
      Mutual fund portfolio overlap tools

  • Umanshu Kaushik says:
    August 30, 2015 at 2:13 pm

    Dear sir;
    I am 28 year old and i have a son.I want to invest in sip 2000/- month for 10 to 15 year but do not want to take risk .Please suggest me in which sip i have to invest. I am new to this.

    • Sreekanth Reddy says:
      August 30, 2015 at 8:42 pm

      Dear Umanshu..Kindly follow the suggestions as discussed on Facebook Messenger.

  • ARUN says:
    August 29, 2015 at 5:13 pm

    Dear Sir,
    Pls give ur advice on following portfolio.

    6500 ICICI Prudential Focused Bluechip EquityFund – Regular Plan   >10Yrs
    4000 HDFC TOP 200 >10Yrs
    5000 HDFC Mid-Cap Opportunities Fund   >10Yrs
    4000 HDFC BALANCED FUND >10Yrs
    3500 ICICI Prudential Banking and Financial Services Fund – Regular Plan  >10Yrs
    2000 SBI Pharma Fund >10Yrs
    50000 ICICI Pru MIP 25-Regular (Emergency Fund) upto 1Yr

    • Sreekanth Reddy says:
      August 30, 2015 at 8:19 pm

      Dear Arun,
      Shortlisted funds are good. Kindly check ‘Mutual fund portfolio overlap‘ . You can choose either ICICI Focused fund or HDFC to 200 fund.
      Also, understand the risks associated with Sector or thematic funds.

  • Bijoy Mallick says:
    August 27, 2015 at 10:37 am

    Deer,
    Sreekanta

    I am Bijoy mallick .32 years . I want to invest Rs 3000 /month in MFs for 20 years . which SIP will be best for me . Please give me a suggestion I will be greatfull to you.

    • Sreekanth Reddy says:
      August 30, 2015 at 4:44 pm

      Dear Bijoy,
      Consider a mid-cap fund & an Equity diversified fund. Ex: HDFC Mid-cap opp fund/ Franklin Smaller co fund & Franklin Prima plus fund.

  • Anjali Kulkarni says:
    August 26, 2015 at 9:32 pm

    Dear Shrikanth

    I want to invest 2000/month suggest me good plan with good returns. time frame will be 3-5 years
    please do needful.

    • Sreekanth Reddy says:
      August 30, 2015 at 1:29 pm

      Dear Anjali,
      Kindly go through the below articles;
      Top Balanced funds
      TOP MIP funds.

  • Amit yadav says:
    August 26, 2015 at 10:40 am

    Hi,
    I want to invest 3lac for 1 year or less then 1 year.please suggest best way to do this.
    Also i want to invest 10k per month for long time 5-10 yrs.
    Pls suggest.

    • Sreekanth Reddy says:
      August 30, 2015 at 1:28 pm

      Dear Amit,
      For less than 1 year..consider bank FD.
      For long term investment..you may consider one mid-cap & one equity diversified fund from the above list.

      • Amit yadav says:
        August 31, 2015 at 1:15 pm

        Thanks,
        Kindly suggest the name as i am first time invester and don’t know much about MF.

        • Amit yadav says:
          August 31, 2015 at 1:16 pm

          Kindly suggest the name of MF as per current market conditions

          • Sreekanth Reddy says:
            August 31, 2015 at 8:16 pm

            Dear Amit..kindly let me know about your investment time-frame (how long can you stay invested) and about your financial goal(s)??

            • Amit yadav says:
              August 31, 2015 at 11:04 pm

              Around 7-10 years, for children education

              • Sreekanth Reddy says:
                September 2, 2015 at 8:04 pm

                Dear Amit..You may pick 3 funds – one balanced fund, one mid-cap fund and one diversified equity fund from the above list.

  • Shobhan Audichya says:
    August 25, 2015 at 2:15 pm

    Dear,
    Sreekanth Reddy Sir,

    Iam the new one & I want to invest 5,000 Rs. per month in mutual fund for 5 years.

    Please suggest me, which mutual fund is more beneficial to purchase.

    Shobhan Audichya
    Mob. 84610042**

    • Sreekanth Reddy says:
      August 30, 2015 at 1:00 pm

      Dear Shobhan..Consider investing in couple of balanced funds.
      Kindly read below articles;
      Top Balanced funds
      Check mutual fund portfolio overlap.

  • ARUN says:
    August 24, 2015 at 4:46 pm

    Sir my time horizon is 10-15 years, and i am aware of risk of sectorial funds.
    Pls check my portfolio and suggest me, how to proceed.

    1. Portfolio analysis(To be add/remove/modify).
    2. Plans for Emergency fund
    3. Plans for Rs 5000 monthly SIP

    5000 ????
    6500 ICICI Prudential Banking and Financial Services Fund – Regular Plan
    2000 ICICI Prudential Focused Bluechip EquityFund – Regular Plan
    4000 HDFC TOP 200-G
    3000 HDFC Mid-Cap Opportunities Fund -G
    1500 SBI Pharma Fund-G
    3000 HDFC BALANCED FUND-G

    • Sreekanth Reddy says:
      August 25, 2015 at 10:57 am

      Dear Arun,
      Additional Rs 5k can be invested in HDFC Mid-cap & ICICI Focused funds.

  • aruta says:
    August 24, 2015 at 3:35 pm

    i want to invest in hdfc mid cap with a monthly SIP installment 1000 will this be beneficial?

    • Sreekanth Reddy says:
      August 25, 2015 at 10:45 am

      Dear Aruta..What is your investment time-frame?

  • Priya says:
    August 24, 2015 at 12:27 am

    Hi Shreekant,
    Thank you so much for such a dynamic & intelligent piece of information about Invesent in MFs.
    I am a 24yrs old women & I want to start with SIP plans & I would like to go with 100% equity linked SIP scheme. I want to use the money invested in this scheme after 4-5yrs for my marriage. Which SIP MF scheme shall I choose to invest?

    • Sreekanth Reddy says:
      August 25, 2015 at 10:14 am

      Dear Priya..Consider investing in a balanced fund and remain invested for 4 years. You can then shift to safer investment avenues till the goal year.

      • Priya says:
        August 25, 2015 at 8:40 pm

        Thanks Sreekanth. 🙂

  • Rajib says:
    August 23, 2015 at 12:53 pm

    Dear Srikanth,

    I am Raj, 40 yrs old, want to invest first time in mutual fund. Can you please suggest me some MF which can give me highest return. I want to invest around 5 k / mth as SIP for 3 to 5 yrs and looking for high risk – high return. Thanks in advance.

    • Sreekanth Reddy says:
      August 23, 2015 at 8:14 pm

      Dear Rajib..You may consider a balanced fund to start with.

  • Yug says:
    August 22, 2015 at 3:17 pm

    want to put 10lac for my grand son, how do you suggest should I put all amt together or in different SIP
    which SIP i should selelct

  • Suresh Kotapati says:
    August 22, 2015 at 10:32 am

    Hi Srikanth,

    Thanks for your valuable information. Could you please guide on FMP & non FMP schemes.

    Thanks & Regards
    Suresh Kotapati

    • Sreekanth Reddy says:
      August 23, 2015 at 12:03 pm

      Dear Suresh,
      What are your financial goals? Why do you want to invest in FMPs?

  • sneha says:
    August 21, 2015 at 10:13 pm

    i am 29yr old women,my son is 3.5yrs old .i want to start investing in MF .my goals are
    1.my sons education-15 yrs timeframe from now
    2.my sons marraige-20 yrs from now
    3.retirement planning-20 yrs

    pls suggest how much i need to invest monthly to fulfill each goal.please suggest me the funds and also how to start SIP,its procedure,paper works etc…

    • Sreekanth Reddy says:
      August 21, 2015 at 10:54 pm

      Dear Sneha,
      Kindly go through the below articles and revert to me;
      Best term insurance plans
      Kids education goal planning
      Retirement planning
      Financial planning Pyramid

  • prateek says:
    August 21, 2015 at 8:14 pm

    1. At the outset, a loads of thnx for such valuable advice..a financial mentor indeed.
    2. my time horizon is 10-15 yrs to cater for child’s expenses on education and realted expdr. My age is 30 yrs.. I have homed onto the undermentioned SIPs with Rs. 2000/=each:-
    ICICI PRU FOCUSED BLUECHIP equity FUND
    UTI EQUITY MUTUAL FUND
    UTI MIDCAP FUND
    TATA BAL FUND PLAN A – REGULAR PLAN GROWTH
    AXIS LONG TERM EQUITY FUND.
    3. plz advice if i have made the correct choice. Can i rely on the credibility of past performance of these funds actually? a frank opinion is requested based on your experience.
    4. thanx again.

    • Sreekanth Reddy says:
      August 21, 2015 at 10:51 pm

      Dear prateek,
      Invested funds are fine. Though past performance does not guarantee future out-performance, we got to take risk and remain invested in funds like these for long-term. Keep tracking these funds atleast once in a year.

      Kindly read my article : How to check mutual fund portfolio overlap?

  • ARUN says:
    August 21, 2015 at 6:17 pm

    Hi Sreekanta,

    Pls have a look on portfolio and advice whether i should continue of change some of the funds.

    6500 ICICI Prudential Banking and Financial Services Fund – Regular Plan 
    2000 ICICI Prudential Focused Bluechip EquityFund – Regular Plan  
    4000 HDFC TOP 200-G
    3000 HDFC Mid-Cap Opportunities Fund -G
    1500 SBI Pharma Fund-G
    3000 HDFC BALANCED FUND-G

    • Sreekanth Reddy says:
      August 21, 2015 at 7:54 pm

      Dear Arun,
      Let me know your investment time-frame? Also, kindly understand the risks associated with Sector funds.

      • ARUN says:
        August 22, 2015 at 9:57 am

        i can continue with 10-15 years time horizon.
        also i can invest some more 5000, pls suggest to purchase or modify my portfolio.
        i am having 1lacs as emergency fund which is in saving account, should i go for debt/liquid fund, if yes pls suggest some good fund.

        • Sreekanth Reddy says:
          August 23, 2015 at 12:00 pm

          Dear Arun,
          Suggest you to check the extent of Portfolio overlap. Kindly read this article.
          Emergency Fund : Cash + FD + Liquid Fund.

  • oleti says:
    August 20, 2015 at 12:23 pm

    how to send my portfolio details to you by attachments

  • Navneet Kumar says:
    August 19, 2015 at 11:42 am

    Dear Mr. Sreekanth,
    Please provide your opinion on my funds portfolios :

    1. RELIANCE REGULAR SAVINGS FUND – EQUITY PLAN – GROWTH PLAN GROWTH OPTION – 2000 p.m
    2. HDFC TOP 200 – 2000 p.m
    3. ICICI – PRUDENTIAL DISCOVERY FUND – GROWTH – 2500 p.m
    4. IDFC Premier Equity Fund – Plan A Growth – 2500 p.m
    5.QUANTUM Tax Saving Fund Growth option – 5000 p.m
    Also interested in starting SIP in TATA balanced fund . How to start it in direct mode.
    Thanks
    Navneet

    • Sreekanth Reddy says:
      August 21, 2015 at 11:37 am

      Dear Navneet..What are your financial goal(s)? and kindly let me know about your investment horizon??

  • Khan says:
    August 18, 2015 at 6:57 pm

    Dear sir

    Appreciate your efforts. I am currently investing 6k per month through SIP in TATA ethical fund. Please can you suggest me more such funds which invests in non-banking,non-alchohol business.

    • Sreekanth Reddy says:
      August 18, 2015 at 8:34 pm

      Dear Khan..Most of the MF schemes do invest in banking companies. So, it is very tough to find such schemes. Even if they are not holding such shares, in future they may buy.
      Check Taurus Ethical Fund. But its performance is not up to the mark.

  • G.Rajesh says:
    August 18, 2015 at 9:52 am

    Thank you for your wonderful supports for the needy people.

    I have already invested 4 equity funds (canararobeco emerging, Frankling high growth, UTI equity, Tata balanced) SIP, now would like to know more about debt fund.

    Instead of keeping money in bank FD,will debt fund have any advantage?

    Planning to keep 5L for more than 5 years.

    take care
    g.rajesh

    • Sreekanth Reddy says:
      August 18, 2015 at 4:44 pm

      Dear Rajesh,
      If your investment horizon is > 5 years, it is better to avoid investing in FDs.

      • G.Rajesh says:
        August 19, 2015 at 9:09 am

        Thanks for your feedback,

        So what is your advice, can we continue in equity fund or invest in debt fund. currently I am NRI.

        take care
        g.rajesh

        • Sreekanth Reddy says:
          August 21, 2015 at 11:36 am

          Dear Rajesh,
          If you have atleast 5 years of time, you can consider allocating your money between a balanced fund and an MIP fund. Ex: HDFC Balanced fund & Birla Sunlife MIP II wealth 25.

          • G.Rajesh says:
            August 23, 2015 at 9:33 am

            Thank you very much for your feedback.

            take care
            g.rajesh

  • akash shah says:
    August 17, 2015 at 5:47 pm

    Dear Sir,
    im 28 year old.
    investement of

    child 12th ( 15 year)10lakh- child college ( 17year)24lakh- child merriage ( 24year) 40 lakh- retirement ( 30year)1.5cr.

    1 AXIS LONG TERM EQUITY 2000
    2 RELIANCE TAX SAVER FUND 1000
    3 SBI MAGNUM GLOBAL 1000
    4 TATA EHICAL PLAN A 1000
    5 HDFC MID CAP 1000
    6 ICICI PRU FOCUSED BLUE CHIP 1000
    7 FRANKLIN HIGH GROWTH COMP 1000
    8 HDFC / TATA BALANCE FUND 2000

    question 1) i invest in balance fund if my investement cycle is more than 10 year.
    please suggest fund which i contiue to invest 10,000/- per month (3000/- elss include)

    question 2) i know 8 funds are more but i want to help which i continue for long term please help…..

    • Sreekanth Reddy says:
      August 17, 2015 at 10:16 pm

      Dear Akash,
      Kindly trim your portfolio using Mutual fund overlap tool. Click here to check out.
      Also, suggest you to go through the below links;
      Retirement planning goal
      Kids’ education goal.

      • AKASH SHAH says:
        August 27, 2015 at 3:59 pm

        Dear Sreekant,

        please suggest the fund of above in which i invest?

        can i invest in balance fund if my investement cycle is more than 10 year?

        • Sreekanth Reddy says:
          August 30, 2015 at 4:45 pm

          Dear Akash..Consider investing in a Mid-cap fund if your time-frame is >10 years.

  • purnachander says:
    August 17, 2015 at 3:46 pm

    Hi Sreekanth,

    Cheers for your good work.

    I am new to MF investment. I am working for a Corporate company and I would like to invest 1000 per month on SIP in 5 different funds. The investment time period is minimum 5 years. Please suggest me some good mutual funds to invest, also I have 3 months old daughter and would like the fund plans inclined to her future as well. I would like to prefer moderate risk profile.

    Please suggest, thanks in advance.

    Regards,
    Purnachander M

    • Sreekanth Reddy says:
      August 17, 2015 at 5:09 pm

      Dear purnachander,
      Consider investing in a Balanced fund & a Large cap fund. (Ex – TATA balanced fund & ICICI focused bluechip fund).
      Kindly go through my article on – Kid’s education goal planning Calculator.

      • purnachander says:
        August 17, 2015 at 8:21 pm

        Hi Sreekanth,

        Thanks for the quick reply, Since I’m new to the MF’s could you please suggest me in particular any 5 funds good for sip investment now. As I have mentioned the investment time period is minimum 5 years

        Thanks a lot..!!

        Purnachander M

        • Sreekanth Reddy says:
          August 17, 2015 at 10:17 pm

          Dear Purnachander…I have given the fund names in my previous comment.

  • Santanu Sinha says:
    August 17, 2015 at 2:58 pm

    Hi Sreekanth,

    Thanks for the wonderful blog which helps us to select mutual funds.
    I am planning to invest 2500 per month for long term around 10 years.So please suggest in which MFs I need to invest

    • Sreekanth Reddy says:
      August 17, 2015 at 5:07 pm

      Dear Santanu..You may select two funds , one from Equity diversified and second one in Mid-cap category.

      • Santanu Sinha says:
        August 17, 2015 at 10:43 pm

        Thanks for your reply …

        • Sanatnu Sinha says:
          August 18, 2015 at 10:09 am

          Hi Sreekanth,

          After study this blog, I consider two MF as you say

          1. SBI Midcap Magnum
          2. UTI MNC Fund

          Plz suggest…

          Thanks in advance,
          Santanu

          • Sreekanth Reddy says:
            August 18, 2015 at 4:45 pm

            Dear Sanatnu..What is your investment time-frame??

            • Santanu Sinha says:
              August 18, 2015 at 6:20 pm

              At least 10 Years …

              • Sreekanth Reddy says:
                August 18, 2015 at 8:30 pm

                Dear Santanu…Go ahead and stay invested for atleast 10 years 🙂

                • Santanu Sinha says:
                  August 18, 2015 at 10:42 pm

                  Thanks Sreekanth ….

  • Sreenivasa Rao G says:
    August 17, 2015 at 12:39 pm

    Hi Sreekanth,

    Thanks for your valuable information about investments, it helps to many people.

    I am planning to invest now for my kids education in future. As per my analysis my kids require minimum 1 crore after 20 years. Can you please suggest me what will be the best investment plan ? Investment per month per 20 years?

    Thank you in advance,
    Sreenivasa Rao

    • Sreekanth Reddy says:
      August 17, 2015 at 1:00 pm

      Dear Sreenivasa,
      Suggest you to kindly read my article on Kid’s education goal planning, you may download the calculator and use it to calculate the required amount of savings per month.
      Do you have sufficient life insurance cover?

  • SESHIDHAR says:
    August 16, 2015 at 11:15 pm

    i like invest 30,000 pm in SIP……FOR5 TO 15 YRS ( 5 SIP)

  • piyush says:
    August 16, 2015 at 9:52 pm

    hi,
    would you guide me i want a corpus 0f 1 crore in 7-10 years what should be an investment distribution so that targets are achieved in time.

    • Sreekanth Reddy says:
      August 17, 2015 at 10:59 am

      Dear Piyush,
      Kindly use the calculators available in the below articles;
      Kids education planning
      Calculate Future value of your investments.

  • mounik says:
    August 15, 2015 at 10:29 pm

    Hello sir,
    I am a Btech student, i want to take my masters in USA and i have 70,000/- and i dont want to use them till i return from USA (5 years) . suggest me some mutual funds for me to invest in it.. (high risk and returns accepted)

    • Sreekanth Reddy says:
      August 16, 2015 at 11:11 pm

      Dear Mounik,
      You may invest it in TATA Balanced Fund.

  • ali says:
    August 15, 2015 at 6:26 pm

    Dear Sir,

    I am planning to invest 30000 per month at the following fund

    1. Birla Sunlife frontline equity fund-G (Rs 5000)
    2. franklin India High growth companies-G (Rs 5000)
    3. ICICI value discovery Fund-G (Rs 5000)
    4. Franklin India smaller companies Fund-G (Rs 5000)
    5. Tata Balance fund-G (Rs 10000)

    Kindly have a look and please suggest me how good is my portfolio, my goal is 1.5 crore in 15 years (expecting 12% pa). I know it is not good to keep 2 Mid/small cap fund but as what I have seen ICICI value discovery is more of diversified fund rather than mid/small cap. Is my current selection is good or do I need to keep only 1 large, 1 mid/small and 1 balance fund. If this is the case then which mid/cap fund should I select.

    I will be very thankful if you can help me to make good portfolio.

    Thanks & Regards,
    Ali

    • Sreekanth Reddy says:
      August 16, 2015 at 11:10 pm

      Looks fine dear Ali..

  • Heena says:
    August 15, 2015 at 4:28 pm

    I want to invest monthly 3000 in sip…suggest me medium risk and high risk plan

    • Sreekanth Reddy says:
      August 16, 2015 at 11:09 pm

      Dear Heena..let me know the time-frame??

  • sharad kumar says:
    August 15, 2015 at 1:15 pm

    hallo dear,
    my present age is 64.I am thnkinhg of starting mutual fund investment through SIP as under

    ELSS(for tax saving )

    1. Axis long term fund
    2. Reliance tax saver

    BALANCE FUND
    1. HDFC balance fund
    2. Tata balance fund Plan A

    EQUITY FUNDS

    1.BSL MNC ffund
    2. Franklin ( I ) higher growth Co. fund

    Considering my age, pl. advise me if the above choices are Ok.Do you suggest any alternate funds in case any of the above funds needs to be changed

    sharad

    • Sreekanth Reddy says:
      August 16, 2015 at 11:08 pm

      Dear Sharad,
      Besides age, the most important thing when do would you like to redeem this money? Or What are your financial goal(s) (timeframe)??

  • Jatinder Singh says:
    August 14, 2015 at 3:49 pm

    Dear Sreekanth,
    I am not much aware of equity and mutual funds.
    My mostly saving in FDs only.

    I want to invest 20,000 PER month for atleast 4-5 years or may be more. Could you please advise me where should I invest.

    Thanks

    • Sreekanth Reddy says:
      August 16, 2015 at 9:40 pm

      Dear Jatinder,
      Kindly start with a balanced fund and remain invested for atleast 5 years. Kindly read my article on Balanced funds.

  • Santanu Ghosh says:
    August 14, 2015 at 1:46 am

    Hi Sreekanth,

    Thanks for the suggestion share with us. Very good information.

    I have couple of questions which I need your suggestion.

    I have a home loan of 12Lack which I want to repay within 10 years. So if I invest any good Diversified Equity Mutual Funds like ICICI Prudential Dynamic for SIP of Rs 2000. Is it good for me?

    I also want to purchase a car after 3 years. so which will be the best suitable plan for me?
    Please suggest. Thanks.!

    Santanu Ghosh

    • Sreekanth Reddy says:
      August 15, 2015 at 10:53 pm

      Dear Santanu,
      Did you plan for your retirement? Are you investing sufficient savings towards your retirement or other goals (if any like kid’s education goal).
      Do not be in a hurry to repay your home loan.
      kindly read my articles;
      The 6 most common personal finance mistakes
      Retirement planning mad easy

      • Santanu Ghosh says:
        August 18, 2015 at 3:36 am

        Thanks for your reply and advice

  • Shivani Gokhale says:
    August 13, 2015 at 9:49 pm

    I am thinking of investing Rs. 2000/ per month in HDFC TOP 200, GROWTH fund, is this choice OK,? for how long shall I invest? For 10 years or less? How much money will it build? Please guide. Where should I invest if I can allot Rs. 5000/ per month for SIP?

    • Sreekanth Reddy says:
      August 13, 2015 at 10:16 pm

      Dear Shivani,
      Do you require money after 10 years? What is your investment horizon? Kindly map these investments to any of your financial goal(s).

  • Krishna says:
    August 13, 2015 at 3:49 pm

    Hi Sreekanth,

    I have read many of your posts in this site. Very good and informative.
    I need some suggestion on my investments now.

    I’m 25years old guy working in IT sector. I want to save monthly 8000Rs and I want to invest some amount in mutual funds within that amount.

    So will you please suggest me for the same.

    Give me your comments on my idea.
    2000–> PPF(As it is long term savings)
    1000/1500 –> Insurance
    4500 –> MFs (In future for my marriage I need some money, for that I want to invest this money in SIPs)

    So please suggest in which MFs I need to invest and which insurance plan I need to take.

    Thanks in advance.

    • Krishna says:
      August 13, 2015 at 3:53 pm

      For 3yrs period I need some amount as I mentioned above. So, I’m thinking to divide like this.

      AXIS long term equity fund (For Tax savings) —> 2000
      HDFC Balanced Fund –> 1000
      Franklin Bluechip Fund –> 1000
      Birla Sunlife MIP II Wealth 25 Plan —> 1000

      • Sreekanth Reddy says:
        August 13, 2015 at 6:52 pm

        Dear Krishna,
        If you want money in 3 years, kindly do not invest in the shortlisted funds (except Birla fund).
        You may consider invest in Birla MIP fund.

        • Krishna says:
          August 14, 2015 at 2:05 pm

          Hi Sreekanth,

          I didn’t understand properly about this MIPs.
          In layman language, i’m asking…
          For suppose if i’m investing 1000 monthly in this MIPs, after 3years my total investment is 36000 right! How much will I get in return approximately.

          AXIS long term equity fund (For Tax savings) —> 2000
          HDFC Balanced Fund –> 1000

          And when this two funds are fine? means how many years need to invest through SIP if we need good returns from this MFs. (I saw your posts, for many of them you are referring these two. That’s why asking you again)

          • Sreekanth Reddy says:
            August 16, 2015 at 9:38 pm

            Dear Krishna,
            Suggest you to first identify the time-frame and then select funds for investments.
            Kindly read my article on Top MIP funds for more information.

    • Sreekanth Reddy says:
      August 13, 2015 at 6:51 pm

      Dear Krishna,
      Do you contribute to EPF scheme?
      Do you have any dependent family member(s)? Or Do you have any financial liabilities/commitments?
      Let me know the expected year of marriage?
      Do you have health insurance cover?

      • Krishna says:
        August 14, 2015 at 1:59 pm

        Hi Sreekanth,

        Thanks for reply.

        I’m not contributing any EPF scheme.
        My parents and one brother who is studying B.Tech depends on me. But no financial commitments/liabilities for them.
        And I’m having corporate health insurance cover and my parents were not having.
        And Regarding marriage , it may be on 2018/2019

        • Krishna says:
          August 14, 2015 at 5:29 pm

          Hi Sreekanth,

          My company cutting 1000 bucks under EPF scheme. But I thought it will be very less.

        • Sreekanth Reddy says:
          August 16, 2015 at 9:37 pm

          Dear Krishna,
          Kindly buy a term plan at the earliest. Read my articles on Best term insurance plans & Best Personal Accidental Plans.
          Also, buy an independent mediclaim policy and also get health insurance cover for your parents.

  • HEMANTH says:
    August 13, 2015 at 2:16 pm

    Hi,

    I am planning to invest 20000 per month for long term Approx for 10 years, i have select some MF’s, Does these are look good. Please suggest :

    1) UTI MIDCAP FUND = 4000
    2) HDFC BALANCED FUND = 4000
    3) FRANKLIN INDIA SMALLER COMPANIES FUND = 4000
    4) HDFC MID CAP OPORTUNITIES FUND = 4000
    5) BIRLA SUN LIFE MNC FUND – GROWTH = 4000

    THNAKS
    HEMANTH

    • Sreekanth Reddy says:
      August 13, 2015 at 6:48 pm

      Dear HEMANTH,
      You can consider two mid-cap funds instead of 3 and invest in Equity diversified / Multi cap fund.
      Selected funds are good ones.

  • Kiran says:
    August 11, 2015 at 8:03 pm

    Hi,

    Thanks for the wonderful blog which helps us to select mutual funds.

    I am planning to invest 30000 per month for long term 7+ years (probably 10+ years). Does following list look good. Please suggest :

    UTI Equity Mutual Fund = 5000
    ICICI PRu Focused Blue Chip Fund = 3000
    HDFC Top 200 = 2000

    Birla Sun Life MNC Fund = 3000
    Franklin High Growth Cos (G) = 3000

    Can Robeco Emerg-Equities = 4000
    DSP-BR Micro Cap Fund = 4000
    Franklin India Smaller Companies Fund = 2000

    Tata Balanced Fund = 4000

    Thanks,
    Kiran

    • Sreekanth Reddy says:
      August 13, 2015 at 11:59 am

      Dear Kiran,
      Trim the no of funds from 9 to may be to 4 to 5 or so. Else these funds are good ones.

  • S.Chokkalingam says:
    August 11, 2015 at 6:54 pm

    Dear sir
    I have not received any reply for my query which I have posted on 10th Aug 2015. Sir awaiting your reply.

    Thank you.

    • Sreekanth Reddy says:
      August 13, 2015 at 10:16 am

      Dear Chokkalingam,
      I was bit busy on personal front, hence a slight delay in replying to blog comments.
      May I know who has advised you not to go for SIPs? Kindly let me know about your financial goal(s)??

      • S.Chokkalingam says:
        August 13, 2015 at 1:48 pm

        Dear Sir,

        Thank you for your reply, in spite of your busy schedule. I have few more queries which I shall forward to you in a day or two.

        Thanking you very much.

  • Amar says:
    August 11, 2015 at 4:05 pm

    Dear sir,
    thank you very much and i heartly congratulate you for sharing mutual funds basic info.

    i want to invest 3000PM SIP for 10 years,
    my goal is to gain maximum income after 10 years.
    pls suggest me in which scheme i should invest.
    i am planning to double this year by year.

    Pls reply

    • Sreekanth Reddy says:
      August 13, 2015 at 11:58 am

      Dear Amar,
      Consider investing in a mid-cap fund like UTI midcap or Franklin Smaller companies fund or HDFC mid-cap opportunities fund.

  • Giri Raj says:
    August 10, 2015 at 5:08 am

    Hi,
    I am looking to invest in ” ICICI Pru export & other services fund”.

    I want to know a bit about it, like

    1) Is it a sectoral/thematic fund?

    2) Does it carry additional risk?

    3)Yes. It is a diversified fund. But there are so many diversified funds available. So, what is the unique ness of this fund in terms of assett allocation?

    4) I can understand that this fund associated with that stocks, which are in “service industry”. bt if I see few top weightage stocks associated with this fund, I see pharmaceutical funds like Dr. Reddy, Cipla, Sun Pharma & IT stocks like Wipro & infosys. Now, my question is how can Pharma & IT sector stocks be considered as “Service sector stocks”?

    5) I am in late 20s & having SIP of Rs 18000/month in different funds. Want to invest in this fund. Should I go for it?

    • Sreekanth Reddy says:
      August 10, 2015 at 8:09 pm

      Dear Giri,
      Besides age profile, why do you want to invest in this fund? What is your investment objective?
      Kindly list down your existing funds.

  • Harmesh says:
    August 8, 2015 at 8:29 am

    Sir m new to mutual funds so i need to get sum help from you.
    Presently my portfolio includes
    Franklin india flexi cap fund(g)
    Hdfc midcap oppourtunity fund(g)
    Sbi magnum balance fund(g)

    Is it right???all are rs 1000 monthly SIP
    M also thinking to start SIP of this funds also
    Tata balance fund
    Birla sunlife top 100
    Uti MNC fund
    Motilal oswal focus multicap 35
    Is motilal worth buying??
    Or plz give me sum suggestions if m wrong in selecting funds nd where m wrong. Also give me proper suggestion to which mutual funds to select.

    • Sreekanth Reddy says:
      August 8, 2015 at 10:53 pm

      Dear Harmesh,
      What are your financial goals? Let me know the investment time-frame??
      Kindly read the below articles;
      Financial planning pyramid
      The 6 most common personal finance mistakes.

  • Samrat says:
    August 7, 2015 at 5:25 pm

    Dear Sreekanth sir,

    I am a new investor and have no experience in mutual fund investment. Here I am requesting for a guidance for a right planning for my investment.

    (1) I want to invest Rs. 5000 per month in tax savings mutual fund schemes. Please suggest me the best tax savings schemes for next 25 years (I am 35 now) and also the allocation of the investment amount to each fund.

    (2) I am also in confusion whether the purpose of mutual fund investment should be tax savings and high return OR it should only be high return. If it is the second one, then which funds should I choose for 25 years and what should be the allocation (considering the investment amount is 5k/month). In this case I can invest 5k/month in PPF for tax savings.

    Please suggest. Thanks a lot in advance.

    • Sreekanth Reddy says:
      August 8, 2015 at 10:49 pm

      Dear Samrat,
      1- One ELSS fund is enough. Kindly go through my article – Top ELSS funds.
      2 – It can be both (depends on your investment objective and your financial goals).

  • Deb Chatterjee says:
    August 7, 2015 at 12:33 am

    Hi,
    I have few queries. They are like

    1) Are MNC fund considered as sector fund?

    2) If these considered as sector fund, then are they carry extra risk like other sector funds?

    3) I have already invested in Birla Sun life MNC fund via SIP. If I add another SIP further in UTI MNC fund, will it add extra risk in my portfolio?

    4) There is no logic behind investing similar types of fund. so, are Birla Sun Life MNC & UTI MNC fund are similar type of fund?

    Regards,
    Deb Chatterjee

    • Sreekanth Reddy says:
      August 8, 2015 at 1:30 pm

      Dear Deb,
      1 – They are generally considered as either multicap / thematic funds. But again it depends on the fund’s investment objective.
      2- Yes (Read investment objective of the fund). Most of them do not invest in just one sector.
      3 & 4 – What are your financial goal(s)? Let me know your investment time-frame??

      • Deb Chatterjee says:
        August 10, 2015 at 2:48 pm

        I am 27 & planning to invest in these 2 MNC funds for 30 yrs (for my retirement corpus). I have ongoing SIP of Rs 17000/month & I wanna add UTI MNC in my portfolio. Pls suggest sir…

        • Sreekanth Reddy says:
          August 10, 2015 at 10:32 pm

          Dear Deb,
          You may invest in one MNC fund (UTI) along with a equity diverisified & a mid-cap oriented fund.

  • Prachi says:
    August 6, 2015 at 10:37 pm

    Hi. Very nice article.
    I am 31 year old woman and I have a bulk amount from my previous job that I want to invest. I do not want to initiate any SIP.

    Can you please suggest which Mutual Fund, in which category will be good for me?

    • Sreekanth Reddy says:
      August 8, 2015 at 1:28 pm

      Dear Prachi,
      Let me know your investment horizon (time-frame)??When do you require this money?

  • Varun says:
    August 5, 2015 at 12:16 pm

    Hello, I am 22 years old I just got a job last year after finishing my graduation. I have been reading about investments for quite a few months. I have seen my grandparents save a lot through those FD’s and post office schemes, but I wanted to seek out something else,and being at this age I thought I can take risks, so I read about mutual funds and just last month I started a mutual fund account with Hdfc. I have started with a SIP plan, 1000/month in AXIS long term equity fund growth, 1000/month in ICICI value discovery fund regular growth plan and 500/month in RELIANCE tax Saver fund-growth. Please tell me how is this for a beginner portfolio.
    Your articles are very well written and informative ,thank you for the knowledge. any layman can also understand your posts that’s a very good thing, please reply on my query.

    • Sreekanth Reddy says:
      August 6, 2015 at 11:25 am

      Dear Varun,
      Instead of reliance tax saver you may opt for one equity diversified fund. Yes, for long-term wealth creation, FDs/RDs should be avoided.

  • Arun says:
    August 5, 2015 at 12:08 am

    Dear Srikanth,
    I am new to MF. Saw your articles and the way you are guiding through your replies.
    I want to invest about 8000 to 10000 PM through SIPs with long term goals. Goals are son education after 10 years, daughter education after 15 years and daughter marriage after 20 years.
    Please guide me with the best investment options to achieve the goals.

    • Sreekanth Reddy says:
      August 6, 2015 at 11:38 am

      Dear Arun,
      Do you have sufficient life insurance cover?
      Kindly go through the below articles;
      Best term insurance plans
      Retirement planning
      Kid’s education goal
      Calculate future value of your investments.

  • Naveen says:
    August 4, 2015 at 10:34 pm

    hi
    I am 31 years old serving in Indian Navy. I complete 12 year of service. after three years I retired. I have got about 40 lakh rs from my retirement. I have two child. I also take about 22000 pension after retirement and also get another job. my queries are:
    I want a fix monthly income . tell any plan.
    i required 50 lakh in 2024 for my daughter study.
    About 1 crore in 2030 for son study and daughter marriage.
    Sir my investment details as follows
    9500 rs in sip from last five years. ( icici focused blue Chip 3000 pm, HFC top200 -2000 pm, DSPBlack rock top 100 – 2000 pm , icici Pru discovery 1500 pm and idfc sterling 1000 pm)
    I want to investment for next 15 years.
    I got about 40 to 45 lakh from my retirement.
    pls tell can I get this goal for my daughter and son from my investment and savings.

    • Sreekanth Reddy says:
      August 6, 2015 at 11:36 am

      Dear Naveen,
      If you want to get a fixed monthly income, you may consider investing a portion of your corpus in Fixed deposits.
      Do you have sufficient life insurance coverage & Health insurance coverage? What is the scheme name of IDFC?
      Kindly read below articles;
      Top online term insurance plans
      Retirement planning
      Kid’s education goal planning.

  • Vikalp Goyal says:
    August 4, 2015 at 7:48 pm

    Dear Sreekanth,

    You explain about MF in very few and simple words, yet very effective.
    Keep up the good work!!

    Cheers,
    Vikalp Goyal

    • Sreekanth Reddy says:
      August 4, 2015 at 8:25 pm

      Thank you Vikalp..Keep visiting 🙂

  • maheshprasad says:
    August 4, 2015 at 3:18 pm

    Hi Sreekanth,
    Thank you so much for providing such helpful information.

    I decided to invest in mutual funds after reading this article. It really changed my opinion about mutual funds (Had lost some money 6years back ).

    Reason for investing :- My age is 36 y. I want to accumulate funds for my retirement / daughter’s marriage expenses.

    Started SIP in following funds 1 month back,

    ICICI pro focussed blue chip fund – 1000/- (have plans of increasing SIP amount after 6 months)
    UTI equity fund – 1000/-
    Franklin India smaller companies fund – 1000/- (have plans of increasing SIP amount after 6 months)
    ICICI prudential balanced fund – 5000/-

    All are invested in ICICI DIRECT.

    Kindly let me know your opinion on the above mentioned funds.

    thank you once again for writing such a informative article.

    regards
    Mahesh prasad

    • Sreekanth Reddy says:
      August 4, 2015 at 8:25 pm

      Dear Mahesh,
      Thank you for the appreciation 🙂
      ICICI focused & UTI equity are both large cap funds. So, you may invest one equity diversified (multi-cap) fund instead.
      Kindly go through the below articles;
      Retirement planning in 3 easy steps
      Kid’s education goal planning.

      • mahesh says:
        August 5, 2015 at 11:50 am

        Hi Sreekanth
        Thank you so much for your prompt reply. Shall explore your suggestions.

        regards
        Mahesh prasad

  • Krishnamurthy says:
    August 3, 2015 at 3:36 pm

    Hi Sreekanth,

    I am 31 years age, i am planning to invest some amount for retirement.i am average risk taker,

    I have invested following funds.
    1. Icici pru focused bluechip equity- 2k pm
    2. Franklin india high growth companies -2k pm

    The third one i have little confusion,

    whether i have to go with hdfc mid cap fund or tata balanced funds.

    My investment period is 20 years.

    Regards,
    Krishnamurthy K

    • Sreekanth Reddy says:
      August 4, 2015 at 5:06 pm

      Dear Krishnamurthy,
      Consider mid-cap fund only, atleast for next 10 years or so.

      • Krishnamurthy says:
        August 5, 2015 at 2:07 pm

        Dear Sreekanth,

        Thanks a lot .

        Regards,
        Krishnamurthy K

  • Avinash Singh says:
    August 3, 2015 at 1:26 am

    Hi Sreekanth Sir,

    Cheers and applaud for your good work.

    I am quite new to MF investment. I am working in an MNC for last two years and I would like to invest 8000-10000 per month on SIP in one or different funds. The investment time period is 3 yrs/ 5 yrs/ 10 yrs.

    Age : 25 yrs
    Income : 27000

    Could you please suggest me how to distribute the amount in one or different mutual funds. Which funds i can go for? What should be the ideal time period to invest for ?

    My goal is for Tax saving and investment for my future. I am 25 and have decided to be on my own for rest of my life.

    Thanks
    Avinash

    • Sreekanth Reddy says:
      August 4, 2015 at 4:31 pm

      Dear Avinash,
      Is it that you would like to invest 2 funds for each time period (3-5-10 years)??

  • siva says:
    August 2, 2015 at 5:38 pm

    Hi
    I am siva from Hyderabad, age 48 having policy’s in LIC and ULIPs.. Now I am plan to invest 4000/- pm in SIP mutual funds for maximum 10 years. Kindly guide me sir.

    Thanks,
    Siva.

    • Sreekanth Reddy says:
      August 2, 2015 at 8:05 pm

      Dear Siva,
      Kindly share the details of your LIC & ULIP plans.
      For 10 years – consider SIPs in HDFC mid-cap opportunities fund & Franklin prima plus fund.

  • Rahul says:
    August 2, 2015 at 12:52 pm

    Hi,

    I read your post and saw your comments. I think you are doing a great job.

    I would like to present my case and hope you get chance to reply:
    Info: I am 32yrs old living in Mumbai. Married with no kids yet.
    Income: Rs.80,000 per month
    Life insurance: Rs.25Lakhs.
    Medical insurance: Rs.5 Lakhs
    Loans: Not at present.
    Goals: Child education and retirement.
    History: I invested in Mutual funds in 2008 but burnt my fingers and went out of market. I want to come back in a planned way this time.

    Investment Plan:
    I want to invest Rs.50,000 per month in mutual funds for 20yrs.

    Based on some research over morningstar, valueresearch and youtube videos I have compiled this list of portfolio for me.

    1) ICICI Prudential value discovery (Mid and Small Cap)
    2) Franklin India Smaller Companies (Mid and Small Cap)
    3) UTI Equity Fund (Large Cap)
    4) HDFC Balanced Fund (Balanced)
    5) Tata Balanced Fund (Balanced)

    I will be going for DIRECT plan with DIVIDEND PAYOUT option for all the above funds. If you don`t agree with this option suggestion is welcome.

    I would like your second opinion if this portfolio is fine. You may recommend other Mutual funds too if you think they are better.

    Regards,
    Rahul

    • Sreekanth Reddy says:
      August 2, 2015 at 8:03 pm

      Dear Rahul,
      Let me know the LIC plan name(s).
      Do not opt for ‘dividend payout’ when your investment objective is long-term wealth accumulation (20 years). Go for ‘Growth’ option.
      Selected funds are good ones. You may consider one balanced fund only (just a suggestion). Instead consider one Equity diversified fund like Franklin prima plus.
      Kindly read below articles;
      Term insurance Vs endowment insurance
      Kids education planning
      Retirement planning
      Calculate future value of your investments or expenses.

      • Rahul says:
        August 3, 2015 at 1:15 am

        Thats a good suggestion about replacing 1 balanced fund with diversified equity fund. Will think about it.
        My comments on your questions:
        1) Life insurance plan name: LIC Amulya Jeevan – 25lakhs at present.
        I want to bump it up to 1Cr. My age is 32yrs. Can you suggest some life insurance policies or give a link where i can research.
        I currently have medi insurance of 3Lakhs of National Insurance Corp for me and my wife.My parents (60+) have a separate 10Lakh insurance for themselves. What do you think should be ideal medi insurance amount? Any suggestions on which policies are better?
        2) Why DIVIDENT PAYOUT option? If i invest my dividends regularly then i`ll still maintain discipline. I basically want to see some money in share market or mutual funds to gain confidence. Hence, this option. Is there are major difference if i go for div over growth option except approx. 1% NAV difference cumulated over 20yrs? I don`t think any AMC may be paying more than 1% Div for equity funds,rt?

        New Questions:

        1)I have HDFC Securities account. It provides option to buy MF of any AMC online. I see that they did not charge me any fees. I was also able to buy DIRECT plan from HDFC Sec. (I thought direct plans can be bought only from AMCs). They are not letting me start SIP in MFs though. Is there something I am missing here? How is HDFC Sec making money? Will they charge me later?
        2) I am not able to find expense ratio of DIRECT plan for MFs. All sites morningstar, valueresearch, etc show different percentage amount! I also went to AMC site directly and could not find info in some cases. If possible and if not much work can you please share with me current expense ratios of plans i selected? or can you share any document if you may maintain on expense ratios?
        3) My expected YoY returns over 20yrs on my portfolio:
        1) ICICI Prudential value discovery (Mid and Small Cap) – 15%
        2) Franklin India Smaller Companies (Mid and Small Cap) – 15%
        3) UTI Equity Fund (Large Cap) – 11%
        4) HDFC Balanced Fund (Balanced) – 12%
        5) Tata Balanced Fund (Balanced) – 12%
        So, on an average I am expecting 12-13% returns YoY on this portfolio after 20yrs.
        Kindly let me know if my expected returns are justified or they are out of place and I should tone them down.

        • Sreekanth Reddy says:
          August 4, 2015 at 4:29 pm

          Dear Rahul,
          1 – Get rid off that LIC policy. Buy a term plan. Kindly read my articles;
          How to get rid off unwanted insurance?
          Term insurance VS endowment insurance
          Top 7 best online term insurance plans.

          2 – Kindly read this article on Super top up health insurance plans.
          3 – If you are confident of investing dividends regularly then why not opt for growth and benefit from the power of compounding 🙂
          4 – I believe that hdfc guys charge fees on quarterly basis. Why are they not letting you to start SIPs?? Any KYC issues?
          5 – 12% returns from equity oriented funds is reasonable and acceptable limit. Anything above is a bonus 🙂

          • MP Jain says:
            August 8, 2015 at 12:44 am

            Would like to add that 12% return equity oriented mutual funds is tax free!

            • Sreekanth Reddy says:
              August 8, 2015 at 10:50 pm

              Agree with you dear Mr Jain 🙂

  • Papai Chatterjee says:
    August 2, 2015 at 6:08 am

    Hello sir,
    firstly, Let me tell u that your responsibility & sincerity is very much commendable. Its astonishing to see that you are replying each & every query… very commendable… thanks a lot.

    I am 3 month old in Mutual fund SIP field. Presently I have SIP of Rs 20000 in 12 different fund (2 large, 4 mid, 3 small & 3 diversified equity) in 12 different dates of every month.

    Meanwhile, apart from regular SIP, I do additional purchase (Rs-1000 or 2000) on those days, when the respective benchmark indices (Nifty, CNX Midcap, CNX smallcap, B&S SE 500 etc) goes down before 3 pm (cut off time to get same day NAV ) from online portal of respective fund houses. Thus, I get additional unit purchase in relatively lower NAV.

    The disadvantages of SIP that I thought is- Money will automatically get deducted via ECS in the specified dates. If in that day, market goes up, even then I have to purchase the units in relatively higher NAV as ECS will be debited automatically. I won’t have any control on it. Thus I have thought of a new strategy.

    I am thinking of stopping the SIP & investing the same amount of Rs 20000 in every month by online on those specific days, when market will be down. The total amount of Rs 20000 will be invested in small proportion (1000 or 2000 each day) on those days when market will down.

    The benefits of the strategy is that, It will be fully under my control to choose the correct day of investing to get more units in cheaper NAV.

    Now my queries are

    1. Want to know your point of view on this strategy.

    1. If I stop the SIP right now, but dont redeem my already purchased units, (if I keep the purchased units as it is), will the online purchase portal of the respective fund house remain accessible for me for lifetime? Or it will get closed after certain amount of time after stopping the SIP?

    3. My SIPs are in regular mode. Now, if I stop the SIP & continue purchasing online in “Regular plan” (by putting the ARN & EUN code of my agent), will the interest of my agent will get hampered for stopping the SIP?

    4. Will my agent encourage this strategy or he will tell something else against the strategy.

    Eagerly waiting for your reply & valuable inputs

    Regards,
    Papai Chatterjee

    • Rajan says:
      August 2, 2015 at 1:02 pm

      I use to follow the same strategy earlier but later I decided not to invest only when market goes down but also when market goes up. Let’s consider that bse is 28114 today and if it reaches 400 points and it will be 285114 but we will miss this rally. Later we will invest when market goes 100/200 points down. It is just my thought.

      • Papai Chatterjee says:
        August 2, 2015 at 5:07 pm

        Thanks Raman,
        My point is, in SIP, we are bound to buy units even those days, when market grows 400 point. If we purchase online, it could have been avoided…
        But after stopping the SIP, will the online purchase portal remain open for lifetime?

        Requesting Sreekanth sir to answer

    • Sreekanth Reddy says:
      August 2, 2015 at 7:58 pm

      Dear Papai,
      1 – I personally follow this strategy. Remember, SIPs bring in lot of discipline to an investor who is hard-pressed for time.
      2 – You will have access to the existing funds.
      3 – If you mention your Advisor’s ARN number, he will get the upfront commission (new units) & trail commission on existing/accumulated units.
      4 – Check out with your agent and share his views here 🙂

  • Kirubananth says:
    August 2, 2015 at 3:13 am

    Hi Sreekanth Sir,

    Cheers for your good work.

    I am new to MF investment. I am working in Corporate company and i would like to invest 1000 per month on SIP in 5 different funds. The investment time period is minimum 10years for 2SIP and 5 years for 3 SIP.

    Could you please suggest me whether i can distribute 1000 each(SIP) in 5 different mutual funds. if yes, which funds i can go for? or suggest me some good ideas.

    My goal is for Tax saving and investment.

    • Sreekanth Reddy says:
      August 2, 2015 at 7:54 pm

      Dear Kirubananth,
      For 10 year SIPs – you may consider, HDFC midcap opportunities fund- Axis long-term equity fund (Tax saving) & Franklin Prima plus.
      For 5 year SIPs – Consider HDFC Balanced fund.

      • Kirubananth says:
        August 4, 2015 at 1:16 am

        Thanks so much for your reply Sir.

        My son is 1 year old and i am planning to opt SIP of 2000PM for his education with period of 17 yesrs. Please suggest which MF i can go for?

        Also, I have 10000 and i would like to invest in MF instead of saving the money in post office or bank. I will not use this amount for next 1 Year. Will it be good to invest in MF for this 1 year? If yes, can you suggest me whether i can go for any short term MF? If yes, which MF i can go for?

        • Sreekanth Reddy says:
          August 4, 2015 at 5:08 pm

          Dear Kirubananth,
          Kid’s education goal – Consider one Mid-cap fund & one equity diversified .(Ex – HDFC Midcap opportunities & Franklin Primaplus fund).
          Short term goal (<2years) – Consider Conservative MIP funds. (Kindly read this article – Top MIP funds)

  • Vipul says:
    August 1, 2015 at 5:29 pm

    Hi Sreekanth,

    I am working in a Corporate and looking to buy a Property in Mumbai for investment purpose only. I want to root my monthly saving to property within the range of 15-30 Lac. Can you suggest for a good buy where i can get a good return over years and simultaneously create a capital assset.

    • Sreekanth Reddy says:
      August 1, 2015 at 7:47 pm

      Dear Vipul,
      I did not get you. Are you planning to invest in mutual funds to accumulate a fund and use it to buy a property in future?? If so, when do you require this money??

  • Shanthalakshmi says:
    July 31, 2015 at 4:03 pm

    Dear Mr.Srikanth,

    I developed an interest in MF after looking into the financial guidance you give to the investors. I am very much new to it and I seek your expert guidance.

    I would like to deposit one lumpsum amount of Rupees One Lac for a period between 3 to 5 years. There is no specific utility of this fund upto 5 years. It is purely for investment with good returns

    Further, I want to deposit Rs.5000/- per month in SIP for a period of 5 years. It is also for saving purpose with good returns and no immediate requirement for utilisation of funds.

    Since I am new to this, I request you to suggest me the names too of the schemes under which I can invest my limpsum amount and SIP.

    Regards

    • Sreekanth Reddy says:
      July 31, 2015 at 8:07 pm

      Dear Shanthalakshmi,
      For 3-5 years goal (lump sum investment) – You may consider HDFC balanced fund (Rs 60k, remain invested for 5 years) and Birla Sunlife MIP II Wealth 25 plan (Rs 40k, ideal investment time-frame is 3years).
      For SIP – Consider HDFC Balanced fund / TATA Balanced fund.
      Kindly go through my articles;
      Top MF MIPs
      Top Balanced funds.

  • DR SYAMAL MODI says:
    July 30, 2015 at 1:38 pm

    Dear Mr.Reddy

    Hope you are fine and in good health. Earlier I had invested in mutual funds considering your advice and suggestions.

    Now I wish to invest Rs 1 lakh each for myself and my spouse. Can you suggest some good funds for this proposed investment corpus? I would provide some details to you about my plan:
    1. To invest Rs 1 lakh each in my name and in my wife’s name.
    2. To invest as lump sum, NOT SIP.
    3. To remain invested for minimum 5 years.
    4. I would prefer a moderate risk profile for the two of us.

    Should we divide our corpus into 2-3 or more funds ? Which group or funds will be better-large cap or mid & small cap ? Please suggest specific names of funds.

    Awaiting your reply.

    Regards

    Dr.Syamal Modi

  • yong says:
    July 30, 2015 at 9:25 am

    hi, my name is yong NRI , i have met banker from RBL bank, ( please give opinion on this bank too ) n asking me to invest in SIP.

    I wanted to invest 20k for 3 different products for long term investment,
    and 3 for short term. please suggest good products

    also if i dont want to take any risk , what is the other way to invest in india?

    thank you for your help

    • Sreekanth Reddy says:
      July 31, 2015 at 10:31 am

      Dear Yong,
      I can’t comment on RBL bank.
      Kindly note that there is no investment without a risk. You got to take risk to get decent returns in long-term.
      Long term goals – Consider , Franklin Prima plus – HDFC Midcap opportunities – TATA Balanced fund
      Short term goals – Kindly go through my artilce , TOP MIP MFs.

  • Jithya Rajan says:
    July 29, 2015 at 9:24 pm

    Hi Shree,

    I am 22 years old and currently working in an IT company. I wanted to invest 15,000 monthy via SIP for a period of minimum 4 years. So can you help me out by providing the best of debt balanced,equity balanced,equity MF in which I can invest from this coming month of August.

    I had a really bad experience of investing in equities as there was no proper guidance. So don’t want to commit the same mistake twice.

    It would be great if you could divide the 15,000 among the best of all three. Also If you have any other suggestion regarding the type of MFs in which I should invest it would be much appreciated.

    • Sreekanth Reddy says:
      July 29, 2015 at 10:14 pm

      Dear Jithya,
      Kindly go through the below articles;
      Top balanced fund
      Top Monthly Income Plans
      My mutual fund portfolio.

  • sandeep says:
    July 29, 2015 at 11:48 am

    Hello
    I am an MBA student,I want to start an investment in mutual funds. I can invest every month 5000 prefer me which is suitable for my investment

    • Sreekanth Reddy says:
      July 29, 2015 at 10:12 pm

      Dear Sandeep..When do you require these monies? Do you want to invest for any specific goal of yours?

      • sandeep says:
        July 29, 2015 at 10:56 pm

        I need money between 12-15 yrs for my business plan

        • Sreekanth Reddy says:
          July 31, 2015 at 10:28 am

          Dear Sandeep,
          Consider two funds – 1) Balanced fund and 2) Midcap fund. Examples – TATA balanced fund & HDFC Midcap opportunities fund.

  • B R Nair says:
    July 29, 2015 at 12:31 am

    Dear Sreekanth,

    I would like to invest 5k SIP in mutual fund, but not clear whether to invest in Balanced fund or equity oriented fund or shall I invest in both types( 2.5k each)

    Planning to invest minimum of 5 to 10 years.Pls can you advice which fund ?

    Regards,
    Nair

    • Sreekanth Reddy says:
      July 29, 2015 at 1:24 pm

      Dear Mr Nair,
      Most of the Balanced funds are equity oriented only. They invest around 65% of the fund’s monies in Equity related securities.
      If you are investing for the first time in MFs, consider Balanced fund link HDFC Balanced fund elze equity diversified fund like Franklin India Prima plus.

  • Sunil Gadapa says:
    July 26, 2015 at 6:37 pm

    Hi Sreekanth,
    I am Sunil, Currently working in Qatar as Ass. Accountant with monthly salary 55000 INR. I am married and have dependent parents and wife. We are staying in rented room having INR 11000 rent. After all monthly expenses I am having INR 20000 saving from which I want to keep INR 10000 safe in bank and balance I would like to invest as SIP. I dont have any idea of share market can treat me as beginner.
    Pls. provide your valuable suggestions.
    Thanks

    • Sreekanth Reddy says:
      July 27, 2015 at 7:33 pm

      Dear Sunil,
      Considering your profile, your first priority is to buy a life insurance plan (Term plan) in case if you do not have bought.
      And then, you need to work on your Health insurance.

  • Mohit Tripathi says:
    July 26, 2015 at 10:37 am

    Hi i am a Software Engineer 23 years of age and my in hand salary is 29000.
    Presently i have a recurring deposit of 5000 per month of 2 year maturity in which 1 year has been completed.
    Now i am looking forward to do some investment in ELSS Mutual funds approx 2000 per month.
    I am having 4 preferences out of which i want to invest in 2 MF ,1000 each:-

    1.) Axis Long Term Equity Fund
    2.) Reliance Tax Saver(ELSS)
    3.) Franklin India Tax Shield Fund
    4.) ICICI Prudential Tax Plan-Regular Plan

    Basic objective for Investment is tax savings and some growth of money too.

    Risk is not a big factor.

    Please suggest which MF to invest in from above choices or any other investment plan which you want to suggest.

    • Sreekanth Reddy says:
      July 26, 2015 at 11:52 am

      Dear Mohit,
      What is the reason for starting RD?
      Wht is your investment horizon?
      You may consider any fund from the above list, preferably 1/3/4..

      • Mohit Tripathi says:
        July 26, 2015 at 12:53 pm

        Hi Shree,

        I have started RD just for Savings.As the interest was good 9% that time and i was not that aware of mutual funds and other investment options.
        I don’t understand Investment horizon? can you please explain? Basically now i am inclined
        toward mutual funds investments,and after 1 year i will change my investment from RD also to mutual funds.
        So i just want maximum return on investment.
        So my final investment options as of now is :-

        1.) Axis Long Term Equity Fund — 1000 pm (SIP) (Tax Savings)
        2.) Franklin India Tax Shield Fund– 750 pm(SIP) (Tax Savings)
        3.) ICICI Prudential Tax Plan-Regular Plan — 750 pm(SIP) (Tax Savings)

        or

        1.) Axis Long Term Equity Fund — 1000 pm (SIP) (Tax Savings)
        2.) UTI Midcap– 1000 pm(SIP) (Non Tax Savings)
        3.) ICICI Prudential Tax Plan-Regular Plan — 500 pm(SIP) (Tax Savings)

        I think as of current Scenario and 2500 investment limit these are the best options please suggest among these 2 investment options.

        • Sreekanth Reddy says:
          July 26, 2015 at 1:09 pm

          Dear Mohit,
          Investment horizon is nothing but how long can you invest or hold investments? Ideally it should be based on your financial goal(s).
          You may consider just two funds (any 2 out of three funds, infact can even invest in just one fund. Remain invested for atleast 5 years)

          • Mohit Tripathi says:
            July 26, 2015 at 1:13 pm

            Thanks alot Shree,

            I am looking to invest for minimum 5 years thanks for all your suggestion.

            Finally can you please give your opinion on UTI Midcap mutual fund value for money.

            • Sreekanth Reddy says:
              July 27, 2015 at 7:31 pm

              Dear Mohit… it is a good fund. I have also invested in that fund 🙂

  • GP says:
    July 25, 2015 at 1:45 pm

    Hi Sreekanth

    Im 35 years. Im new to SIP.
    Have LIC Jeevan Anand & mediclaim insurance for 2lac in New India Assurance.
    Investing 3000 in RD to meet yearly expenses (Child eduction and other insurance payments)
    Im planning to invest in the following SIP –
    1) Franklin Prima plus – 1000 for 5 year
    2) Tata Balance Fund – 1000 for 10 years
    3) UTI Mid cap – 1000 for 15 years
    Is my selection correct or any changes are to be made.
    Kindly guide me.
    Awaiting. Thanks
    GP

    • Sreekanth Reddy says:
      July 26, 2015 at 11:21 am

      Dear GP,
      Kindly take a term plan at the earliest.
      What is the age of your child?
      It is advisable to avoid RDs for long term investment.
      Balanced fund can be considered for 5 years.

      • GP says:
        July 27, 2015 at 10:16 am

        Dear Sreekanth

        Thanks for your reply.
        My sons age is 5.
        RD of Rs.3000 is for an year, to meet yearly commitments.
        From your reply I understand that, I need to take up the following combinations:
        1) Kotak life – 8257 for 10 years
        2) Franklin Prima plus – 1000 for 10 year
        3) Tata Balance Fund – 1000 for 5 years
        4) UTI Mid cap – 1000 for 15 years
        Thanks
        GP

        • Sreekanth Reddy says:
          July 27, 2015 at 8:15 pm

          Kindly go ahead with the shortlisted funds. Remain invested for long-term. Revert to me if you need any assistance 🙂

          • GP says:
            July 28, 2015 at 7:31 am

            Thank you so much.
            GP

  • Faraz says:
    July 25, 2015 at 7:53 am

    Hi. How is it good to Invest in LIC policies for long term ..20 years !

    • Sreekanth Reddy says:
      July 25, 2015 at 10:44 am

      Dear Faraz,
      Insurance is not for investment. It is to cover risks. Buy a term plan.

  • rajendran says:
    July 24, 2015 at 10:35 pm

    Hi

    doing good job and thanks for the same.

    49 year old working in middle east and having one daughter of 15 year lod.

    having plots /land in kerala and looking for a apartments .

    i have around 45 lakhs for mutual fund investment and looking for 5 year span.
    will you suggest me some good MF which gives average yearly return of around 20%

    thanks in advance

    • Sreekanth Reddy says:
      July 24, 2015 at 10:55 pm

      Dear Rajendran,
      20% in 5 years can be a bit unreasonable to expect from MFs. Do you have sufficient life insurance cover?

  • Arun mondal says:
    July 24, 2015 at 3:03 pm

    Dear shrikanth, i am 31 yrs old.married and having a son of 1 yr. I m working in a private renowned manufacturing firm. Current salary is 60000 excluding all taxes and pf. I am working since 2007. At present i hv ppf recurring and fix deposits in bank. I want to invest in sip for high return for education of my son. I can invest monthly 5000 at present. Kindly suggest what kind of sip i should invest.

    • Sreekanth Reddy says:
      July 24, 2015 at 3:56 pm

      Dear Arun,
      Do you have any life insurance cover? (Read my article : Buy best term insurance plan)
      Consider investing in a Mid-cap fund and balanced fund. You may allocate more money to mid-cap fund. (Ex – HDFC Balanced fund & UTI Midcap fund)

  • Rajiv Saxena says:
    July 23, 2015 at 12:04 pm

    What is the difference in Direct & Growth Plan in mid & small cap mutual funds ?

    • Sreekanth Reddy says:
      July 24, 2015 at 9:52 am

      Dear Rajiv,
      Intermediaries are not involved in Direct plans and you can invest in them directly through respective fund house websites.
      You can get slightly better returns on Direct plans when compared to Regular plans.
      In direct plans there will be two options ie Growth (G) and Dividend (D).
      So, Regular plans have two options G & D
      Also, Direct plans have two options G & D.

  • Nandeesh says:
    July 21, 2015 at 12:37 pm

    Hello Sreekanth,

    I have started investing in Reliance Small cap from past 6 months and quite happy with the way it is performing. Anyway since I’m planning to invest for 10 years I will not worry much about the happenings in this fund in 1 year itself.
    Nevertheless I would like to know what is the major difference between Small cap & Mid cap, which will yield good returns on a long term (10yrs) & small term (5yrs).
    The intent of asking the above query is, I would like to add another fund in my portfolio, hence looking for options.

    Regards,
    Nandeesh

    • Sreekanth Reddy says:
      July 22, 2015 at 10:54 am

      Dear Nandeesh,
      The major difference between a small cap or a mid cap is ‘market capitalization’ of the companies that MF scheme(s) choose to invest in.
      You may consider adding one Equity diversified fund.

      • Nandeesh says:
        July 22, 2015 at 3:04 pm

        Could you plz give some suggestions of Equity diversified fund?

        • Sreekanth Reddy says:
          July 22, 2015 at 8:18 pm

          You may pick any one from the above list (article).

  • Roy chacko says:
    July 21, 2015 at 9:22 am

    Dear, Sreekanth,
    I am venturing into mutual funds for the first time. I am a central govt. employee 32 Yrs old with current appx income35000/month exclusive of tax & life insurance.
    My financial goals are
    a. Construct a home in kerala in 2022 of appx cost 35 Lakhs.
    b. My daughter will finish 12th in 2030 & meet higher education cost 20 Lakhs
    c. Marriage of daughter 2037 Appx cost 30 Lakhs
    d. Expecting 2nd child soon and all the same

    Current investments
    FDs of current value 8 Lacs
    PF monthly investing 14000 – Current corpus 3 Lacs
    my wife plans to start working after 2 years and expects to earn 10 to 13000 per month.
    In 2024 I will leave present job and will earn lumpsum benefit 20 Lac appx and pension 15000/month (expected to get revised in 2016 pay commission). Later i am sure of joining for other job earning minimum of 30000/month

    Planning to start sukanya samridhi yojana 3000/month. I can cut my PF investment at will to make desired investments. My montly expenses come around 12000.

    Request you to kindly suggest a good investment plan.

    • Sreekanth Reddy says:
      July 22, 2015 at 10:51 am

      Dear Roy,
      1 – Any specific reason/objective for maintaining Rs 8 Lakh worth of FDs?
      2 – Is it PPF or EPF? Is it Rs 14,000 pm ?
      3 – May I know the reason for your plan to leave the current job?
      4 – Are you going to fund the house construction through home loan?
      5 – Do you have term insurance and health insurance?

      Kindly go through the below articles;
      The 6 most common Personal Finance mistakes
      Top 7 best online term insurance plans
      Retirement planning in 3 easy steps
      Kid’s education planning
      How to calculate future value of your investments?

      • Roy chacko says:
        July 22, 2015 at 7:19 pm

        Dear Sreekanth,
        Pls refer my query dtd 21 Jul and ur reply. Hearty thanks for ur prompt response.

        Iam a corporal in Air force. We have an initial bond of 20 years service which can be extended if reqd. I complete that in 2024 & plans to retire then with pension. I am a postgraduate and confident of securing another job then.

        We can invest in PF at will which earns interest of 8.7% currently with tax exemption upto 1.5lacs. Also there is the flexibilty of withdrawing 75% of amount once in 6 months in case of any such requirements. This is the most prevalent saving habbit among defence people and i blindly followed. My current subscription is 14000 per month which can be changed at will and put for other investments.

        The 8 Lacs of FDs draw an additional interest of 1.5% as it is in the name of my father who is an ex-bank staff & senior citizen.

        My current plan for house construction is to use the FDs and retirement corpus. I think to earn for all other goals thru systematic investment.

        I am covered of a Group insurance scheme by govt for 25 Lacs which may be again upgraded in next pay commission 2016.

        We are provided free health facilities in defence hospitals.

        I hope u could get a clear idea of the situation. As I never ventured out of traditional investment instruments, I feel too jittery to start out of them due to lack of knowledge & Confidence. Please provide a concrete advice.
        Regards

        • Sreekanth Reddy says:
          July 22, 2015 at 8:26 pm

          Dear Roy,
          After going through you profile, I believe that your have invested major part of your savings in Debt (Fixed income) securities.
          After adjusting for taxes and inflation, most of these investments won’t give you better returns and your wealth may get eroded in long term.
          Also, do not use your retirement corpus to fund your property construction. Remember you can get home loan but not a loan to fund your retirement expenses.
          Suggest you to buy a term plan for atleast Rs 50 Lakh at the earliest. Read my articles “Top online insurance plans” & “Avoid FDs as long term investment”
          Did you go through the articles that i have suggested you to read? Kindly use the calculators that are available in Retirement and Kid’s education articles, and find out how much you need to save for these high priority goals, and accordingly invest in equity mutual funds at the earliest.

  • DEVANG TRIVEDI says:
    July 19, 2015 at 5:34 pm

    Myself Devang Trivedi age 25 yrs by profession Engineer earning 26k , i want to know what is the best plan to invest ? I am planning for wealth accumulation and buying a new home in the interval of 5 years.

    please do suggest me for this as i am a beginner.

    • Sreekanth Reddy says:
      July 20, 2015 at 10:33 am

      Dear DEVANG,
      Kindly let me know if you have any family member(s) whoa are financially dependent on you?

  • atul gulve says:
    July 19, 2015 at 12:31 am

    thanx shrikant sir,
    so there is no scope for loan on mutual funds. .am I right? ..

    you suggested allocating more money in midcap..is it for midcap being safer than smallcap?

    is it ok for me to start sip for mip birla sun life and deposit lumsum amount in till my first goal achieved?

    last one are returns shown in charts are absolute or after deducting expense and other charges?
    thanx again. .

    • Sreekanth Reddy says:
      July 20, 2015 at 9:50 am

      Dear Atul,
      Some banks / Fin institutions do offer loans against Mutual Funds.
      I referred to both midcap/small cap funds. You may consider Birla MIP fund.
      Yes, the returns are annualised ones and most of the funds won’t have EXIT loads after one year of holding the units.

  • sanjay kumar srivastava says:
    July 18, 2015 at 12:56 pm

    Dear Mr Sreekanth,

    I made a premature exit from NPS (a debt-oriented hybrid scheme. Am I right?) Tier I account on 11-12-2014 and Tier II account on 27-02-2015. Upon exit I was faced with a problem as to how to calculate capital gain (Long Term as well as Short Term) on the 20% of my accumulated wealth of Tier I account (Rs. 5583.83, credited to my bank account on 16-12-2014) and on the entire wealth (a mere Rs. 1410.90 of Tier II account, credited to my bank account on 27-02-2015). (The NPS team has yet not provided me with a capital gain statement. My pension fund manager is ICICI Prudential Life Insurance Company.)

    I have now been able to calculate my total gain on Tier I and Tier II accounts with the help of the Transaction Statement I have been provided with).

    As for as my gain on Tier II account is concerned, it is clear enough- a mere Rs 410.90-, as my total contribution to this account was a mere Rs 1000, which I had made on 06-09-12. My capital gain on Tier I account comes to Rs 1670.98. (The last time I contributed to this account was on 16-09-13.)

    I suppose my gains on both the accounts are short-term.

    Now I want to know how I can calculate tax on the total gain (Rs2081.88) and where I should show this figure in ITR 2 (excel) from.

    Please help me. (Please tell me also how I can get a capital gain statement from the NPS team or ICICI Prudential Life Insurance Company, or any other source.)

    I look forward to hearing from you at your earliest convenience.

    Thanking you, in anticipation.

    Sincerely, yours

    Sanjay Kumar Srivastava
    Cell No.: 9794708019

    • Sreekanth Reddy says:
      July 20, 2015 at 9:46 am

      Dear sanjay,
      Kindly take help of a Chartered Accountant.

  • dr atul gulve says:
    July 17, 2015 at 11:33 pm

    hello,
    you are doing great job. .your site and analysis really helped me choosing the funds.
    1.uti opportunities-5k per month
    2.hdfc midcap-3k
    3 . Icici prudential balanced fund -5k
    4 . Franklin India smaller companies-3 k
    my risk appetite is average to above average. ..I m willing to invest for longer horizon like 20 years. .but in between I may need money for hospital construction or buying ready constructed property for same purpose may be after 2-4 years. .is it ok for me to stick with these plans or should I switch to safer options. ..
    or another alternative could I get a loan on sip amount after 2 – 4 years. ..Please guide me. ..thanking in anticipation. ..

    • Sreekanth Reddy says:
      July 18, 2015 at 1:10 pm

      Dear Dr Atul,
      Suggest you to create two MF portfolios.one for 3 year goal and another for >20 year goal.
      For short term goal – You may consider ICICI Balanced & Birla Sunlife MIP II Wealth 25 plan (Read my article on Top MIPs)
      Long term goal – Selected funds are good ones. You may allocate more monies to mid-cap fund.

  • anirban says:
    July 17, 2015 at 10:28 pm

    can i invest in sip icici pru focused bluship equity, 2) hdfc midcap fund (g)3) icici pru tax plan(regular)4)franklin india smaller co. fund5) hdfc balance fund 3000*5 each. please suggest me whwther it is overdiverdify of funds or it is perfect. thanks in adavnce

    • Sreekanth Reddy says:
      July 18, 2015 at 1:07 pm

      Dear Anirban,
      Let me know your financial goal(s) and investment time-frame??

  • kittu says:
    July 15, 2015 at 7:33 pm

    Hi Sreekanth,

    Myself Kishore, age 31 years, working in IT and earning Rs.75K per month. My wife, 27 years, is also in to IT and she is earning 30K per month. We have one year old baby girl. I would like to explain you our monthly expenses, insurance, savings details and I would need your suggestion on investments for our future goals. Please refer the below details and provide your valuable suggestions on investments.

    Monthly Expenses: 20-25K per month

    Liabilities: We have purchased a open plot worth 23laks in this year by taking the below loans. Hopefully it might be appreciated in next 5 years. 🙂
    Home Loan – 11 Laks –> 10.5% ROI for 5 years. EMI-24K per month
    Personal Loan – 7 laks –> 14% ROI for 3 years. EMI – 18K per month.

    Insurance: on my name. (My wife is not having any insurance yet.)
    LIC Jeevan Anand – Policy-1 – Started in 2012 for 5 laks SA and for 16 years. Premium-37K per annum
    LIC Jeevan Anand – Policy-2 – Started in 2014 for 10 laks SA and for 21 years. Premium-54K per annum

    Total: 91K per annum.

    Future Goals:
    Purchase of Home: 50 Laks after 5 years.
    Baby Education Expenses from her 15th year. Expecting 30 Laks for her education cost.
    Baby Marriage at around 22 years of her age: 30 Laks.
    Retirement Planning after 32 years from now: 40 Laks.

    Please provide your suggestions on the savings that i need to do from now to achieve the future goals listed above.

    I am thinking to invest in Equities, PPF/SUKANYA SAMRIDDHI ACCOUNT. Please let me know right areas of investments and the amounts to be invested on monthly basis to achieve my goals.

    I would be glad if you give a kind look at my request and help me on this.

    • Sreekanth Reddy says:
      July 16, 2015 at 3:38 pm

      Dear Kittu,
      Is it a home loan for vacant plot for comprehensive one?
      Start accumulating a fund to clear off personal loan at the earliest. This should be your top most priority along with buying a Term plan.
      Both of you can buy term insurance cover. Get rid off Jeevan Anand policies. You can discontinue (or) Surrender them after paying 3 years.
      Read my articles;
      Top 7 best online term insurance plans
      How to get rid off bad insurance policies
      Term insurance vs endowment plans

      Goals wise, retirement planning & Kid’s education goals should be of top priority. Once you allocate sufficient savings towards these goals and if you are still left with disposable income then you may consider buying another property.

      Kindly read below articles;
      Retirement planning in 3 easy steps
      Kids education goal planning
      The 6 most common personal finance mistakes

      • Kishore says:
        July 16, 2015 at 4:02 pm

        Thank you for prompt reply.

        The Home Loan was taken from IDBI bank to purchase a Open Plot (200 sq.yards) for 10.5% ROI for 5 years.

        Do you suggest Term Insurance for my wife as well?

        I am thinking to invest in Equities, PPF/SUKANYA SAMRIDDHI ACCOUNT around 50K per annum (for long term 15+ years), as I do not want to delay my investments for 3-4 years till I close the home & personal loans.

        I am going to make part payments every year and planning to close the Home Loan & Personal Loan with the remaining savings (as there are no Part payment & pre closure charges) in next 3-4 years (considering 8-10% of salary hikes in coming years) before my baby schooling starts.

        Please let me know right areas of investments and the amounts to be invested on monthly basis to achieve my long term goals.

        • Sreekanth Reddy says:
          July 16, 2015 at 4:32 pm

          Dear Kishore,
          Did you go through the suggested articles?

          • Kishore says:
            July 16, 2015 at 5:20 pm

            Hi Sreekanth,

            I have gone through the posts you shared, infact I have read almost every post since yesterday I came across your blog. I am really impressed and kudos to your knowledge, detailed explanation. Appreciate all your efforts to help people like me. That is the major reason I have requested your suggestion.

            As per your guidance, I am going to make it a paid up policy of my existing Jeevan Anand plans as soon as I finish paying 3-4 years of the premium.

            I would definitely go for Term Insurance, as listed in your another blog “Top 7 best online term insurance plans”.

            I request you to educate me on Equities or Equity Mutual Funds to invest for longer period (>15 years). Also, educate me on the procedure to invest in these equities.

            • Sreekanth Reddy says:
              July 16, 2015 at 7:39 pm

              Dear Kishore,
              Besides Term insurance plan, do not ignore buying a Health insurance plan 🙂
              Suggest you to start investing in a Balanced fund like HDFC Balanced fund or TATA balanced fund.
              You may buy these funds either by visiting respective company websites or through online platforms like ICICIDirect or fundsindia.com or Kotak securities etc.,
              Kindly check out these options and revert to me if you need any assistance 🙂

          • Neeraj says:
            July 25, 2015 at 7:14 pm

            Sir I want to invest in sip Birla sun life MNC fund.. For 1 to 2 years. Arround 1000 to 2000 per month. This fund is best for me or not… If not then plz suggest the best fund..

            • Sreekanth Reddy says:
              July 26, 2015 at 11:22 am

              Dear Neeraj,
              For a 2 year investment horizon, suggest you to consider MIPs.

  • SIVA VENKATA PRASAD REDDY MADIRE says:
    July 13, 2015 at 3:28 pm

    Hi Sreekanth

    Myself Siva . To let you know my financial status for you to suggest best options available i have

    LIC (Jeevan Tarang policy) on my name paying 1 lakh per year for 20 years(8 years completed)
    MAX LIFE Term insurance for 1 crore started last year
    LIC(Jeevan Anand policy) on my wifes name paying 50,000/- per year for 15 years(4 years completed)
    LIC(Jeevan Ankur policy) on my daughters name paying 50,000/- per month for 18 years(2 years completed)
    Investing USD 400 every month in CHEVRON stocks.

    iam new to mutual funds and planning to start investing in them . i did my bit of work online(valuereaseachonline.com) and i selected the following funds .

    Open-ended and Equity: Multi Cap —- Franklin India High Growth Companies fund
    Open-ended and Equity: Large & Mid Cap—— Mirae Asset India Opportunities fund
    Open-ended and Equity: Large & Mid Cap——Birla sunlife frontline equity fund
    Open-ended and Equity: Mid & Small Cap——Franklin India Smaller companies fund
    Open-ended and Hybrid: Equity-oriented——Tata Balanced fund PLAN A

    Iam Planning to invest 10,000 to 15,000/- per month and for long term (15+ years)
    Since iam planning for long term will the above funds suits my portfolio ?if you have any better options available keeping in mind the future as well as with your experience please let me know
    Should i go for direct or Regular plan ?

    • Sreekanth Reddy says:
      July 15, 2015 at 10:15 am

      Dear Siva,
      Except Term plan, you may discontinue / surrender other existing life insurance plans. Kindly read my article : How to get rid of unwanted insurance?
      Go for Direct plans and the selected funds are fine.

  • Raj says:
    July 13, 2015 at 2:02 pm

    I have invested in kotak mid cap – 1000 rs and IDFC Ta Advt(ELSS) Fund-Reg(G). Is this a good fund which I have selected for growth. Also suggest some other funds for growth and minimum risks.

    • Sreekanth Reddy says:
      July 15, 2015 at 10:13 am

      Dear Raj,
      All equity related investments come with high risk profile. Kindly let me know your financial goal(s) and investment time-frame.

  • shanmukh says:
    July 11, 2015 at 1:30 pm

    what is mean by alpha & beta values …how these effect the funds…..and the sd…..kindly elaborate………

    • Sreekanth Reddy says:
      July 11, 2015 at 8:15 pm

      Dear Shanmukh,
      Alpha is a measure of performance on a risk-adjusted basis. The excess return of the fund relative to the return of the benchmark index is a fund’s alpha.
      Beta is a measure of volatility of a security or a portfolio in comparison to the Market as a whole.

  • murali says:
    July 10, 2015 at 7:47 pm

    Hi Sir,

    Your articles is eye opening for me on Mutual fund.

    Could you please clarify on this as well.

    I have bought icici pru life Wealth Builder – Maximiser V on Dec 2014 for which I have paid Rs. 50,000 as first perimium and need to contined for next 4 years.
    Lockin period is for 5 years and the policy is for 10 years
    But my fund value is keep on reducing and at present my fund value reduced to 45,000.
    I’m confused whether to contiune on this plan and stay invested it for 5 years or should i cancel this plan now itself ?
    thanks in advance.

  • Krishnamurthy says:
    July 10, 2015 at 2:17 pm

    Hi Sreekanth,

    I would like to know the administration charges in Mutual funds. Today in one of the fund show in television, one person asked the details to the finance consultant.

    Details:

    He said he is investing in mutual funds for last 7 years. he said around 10 to 15% from his capital amount got deducted as a administrative charges . Finance consultant told that the charges are applicable. he said that the fund return is less as expected means the charges will be deducted from capital.

    Could you please help me to understand this.
    Also as discussed with you before i am planning to invest in below funds.

    1. HDFC balanced (or)HDFC childrens gift fund(2500 pm).
    2. ICICI Pru Focused blue chip equity(2500pm)

    In that case for the above 2 funds the charges will be applicable?

    Regards,
    Krishnamurthy K

  • Gaurav Dadwal says:
    July 10, 2015 at 2:04 pm

    My age is 38 and I need to invest 3000 per month for next 10 years have some financial needs at that time suggest some best option to invest in equity plans

  • devansh soni says:
    July 9, 2015 at 5:59 pm

    hi i want to immediately invest 7.5k in mutual funds for 25-35 years.

    2 policies in large cap – 3k
    1 policy in large & mid cap – 1.5k
    1 policies in mid cap – 1.5k
    1 policy in multi cap – 1.5 k

    please help to make a best portfolio for long term investment.
    thank you

    • Sreekanth Reddy says:
      July 10, 2015 at 12:02 pm

      Dear Devansh,
      These are not insurance policies, but MF schemes.
      You may select funds from each fund category as mentioned in the article.

      • devansh soni says:
        July 10, 2015 at 2:37 pm

        hi, yeah in hurry i have written so,
        i have check out the list so may i procedure to buy schemes from the chart you mention?
        and in the way i have divided my money is proper or not?

        • devansh soni says:
          July 10, 2015 at 3:07 pm

          what are the differences between large cap funds and large & mid cap funds?

          i have invested,
          2k in franklin templton bluechip fund growth since 2012 and want to continue further
          3k in discovery & dynamic funds of ICICI,

          and as per your guidance want to invest

          • Sreekanth Reddy says:
            July 11, 2015 at 12:01 pm

            Dear Devansh,
            Continue with the invested funds.
            Large cap funds primarily invest in companies which have large market capitalization (size of the company) .

  • shah yogesh p shah says:
    July 8, 2015 at 8:44 am

    please send me best sip in mutual fund sector

    • Sreekanth Reddy says:
      July 10, 2015 at 10:47 am

      Dear Shay, why do you want to invest in a sector fund? Let me know your views..

  • Prasad says:
    July 7, 2015 at 3:55 pm

    Hi Sreekanth

    Need your suggestion to choose the funds for SIP for 25 years.
    I want to invest 5K monthly SIP for 25 years to generate a good corpus for my retirement. I can take risk here with the equity funds.
    Since I have other 2 ULIP’s with SBI from past 8 years ( one with 3k monthly(growth fund) for 25 years & other one 6k quarterly for 35 years (50% growth & 50 % equity) both started in 2008.
    Also starting to invest in PPF for 25 years with rupees 3200 per month ( as debt fund).
    And planning to take a e-Term insurance for 50 lakhs.
    Please help me in which funds shall I invest 5k monthly SIP for 25 years. I am 32 years old now.

    Thanks in Advance

    Regards
    Prasad

    • Sreekanth Reddy says:
      July 10, 2015 at 10:16 am

      Dear Prasad,
      Suggest you to go through my article on ‘Retirement planning made easy‘ and revert to me.
      Are you satisfied with your ULIPs performances?
      Take Term insurance cover at the earliest, do not postpone.

      • Prasad says:
        July 17, 2015 at 9:03 pm

        Hi Sir

        Thanks a lot the reply. Apologies for late reply, I was out of station for couple of days.

        1. your blog for retirement was very useful ( your suggestion for long term is to go with the mid cap ones) . Please suggest me the names of the fund where in which I invest 5k for 25 years (preferably one large cap & 2 mid caps).

        2. Regarding ULIPS, since they have done with 8 years by now, most of the mortality charges have come down & presently they have given the 8 % of returns & expecting them to be at least at 9 % over long term,

        2.1 after 25 years the one with 3k monthly may give 30 lakhs : which I can use for my daughter education
        2.2 the one with 6k quarterly will pay for 35 years , it may give 50 lakhs.

        Please let me know if I am doing a right guess, if I close the ULIPS I will loose the 8 years of time which I have come through ( some one guided or misguided me when I was 25 years) & I hope with SBI our funds will be safe. but please guide me.

        3. regarding the e-term , I am planning to go for Aviva I life, for 5o lakhs with 8k premium. Please let me know , shall I go for AVIVA or HDFC or LIC.

        Thanks a lot for your time & patience.

        Best regards
        Prasad

        • Sreekanth Reddy says:
          July 18, 2015 at 1:06 pm

          Dear Prasad,
          1 – You may consider 2 to 3 funds, ex – HDFC mid-cap opportunities fund, UTI Equity & TATA Balanced fund.
          2 – Dont you think 9% is too low on a long term basis. Why do you want to still stick with laggards? Do not compound your mistake.
          3 – You may buy Term plan from any one (out of the three).

  • NIKHIL says:
    July 7, 2015 at 11:38 am

    HI
    Pls provide the details i want to invest rs 1000 for each below mentioned fund.pls let me know its good or not.if you feel any other scheme is good comapre to below one so pls suggest me.

    thanks in advance

    MID AND SMALL CAP

    1) HDFC MID CAP OPPERUNITY FUND

    2) ICICI PRU DISCOVERY FUND

    3) CANARA ROBECO EMERGING EUITIES FUND

    4) UTI MID CAP FUND

    5) FRANKLIN INDIASMALLER COMPANY FUND

    LARGE CAP

    1) ICICI PRU FOCUSSED BLUE CHIP FUND

    2) HDFC TOP 200 FUND

    BALANCE FUND

    1) HDFC BALANCE FUND

    SECTORAL FUND

    1)ICICI PRU BANKING AND FINACIAL SERVICES

    2)HDFC INFRASTRUCURE FUND

    • Sreekanth Reddy says:
      July 10, 2015 at 10:13 am

      Dear Nikhil,
      Why do you want to invest in so many funds? Let me know your views..

      • nikhil says:
        July 13, 2015 at 8:32 am

        Actually my investment period is long term i.e 15-20 years that why i want to invest in mid/small caps and balanced fund.i want to select a 7 mid/small cap and one balance fund i.e hdfc balanced fund and started to 1000k/pm on each fund.so it is a best startegy or want to change my thinking.kindly suggest me.I need your support .

        Thanks in advance…

        • Sreekanth Reddy says:
          July 15, 2015 at 10:11 am

          Dear Nikhil,
          Have you already invested in these schemes?

          • NIKHIL says:
            July 15, 2015 at 10:38 am

            currently i have invested in below mentioned fund.

            1)icici pru value discovery fund—1000
            2)canara robeco emerging equities fund–2000
            3) hadfc mid cap fund–1000
            4) hdfc balanced fund–1000

            kindly suggest…for further action

            • Sreekanth Reddy says:
              July 15, 2015 at 12:13 pm

              Dear Nikhil,
              If your investment horizon is >10 years, the invested funds look fine. You may invest additional amounts in the same funds.

              • nikhil says:
                July 18, 2015 at 11:23 pm

                Hi,
                I also want invest in large cap fund.pls tell me which fund is better b/w them
                Tata Equity Opportunities Fund and ICICI Pru Focused Bluechip Eqty

                I have two option 1) invest in both fund in rs 1000 each and
                2) invest 2000 in only one fund

                pls share your view so that we plan accodingly…

                thanx in advance…

                • Sreekanth Reddy says:
                  July 20, 2015 at 9:47 am

                  Dear Nikhil,
                  You may go ahead with ICICI Bluechip fund.

  • sharad kumar says:
    July 7, 2015 at 11:02 am

    sir,
    I am a retired employeee. Age 64 yrs.My present SIP are :
    HDFC Top 200 1000
    HDFCequity 1000
    HDFC prudence 1000
    BSL MNC gr. 2000
    PLEASE INFORM IF THE ABOVE allanyFUNDS ARE OK
    .Pl suggest 2 balance funds and 2 elss funds for my future investment

    sharad

    • Sreekanth Reddy says:
      July 10, 2015 at 10:12 am

      Dear Sharad,
      The selected funds are fine. You have already invested in a balanced fund, you may make fresh investments in the same fund itself.
      ELSS funds – consider Axis fund / Franklin Taxshield / ICICI Tax plan.

  • Murali says:
    July 6, 2015 at 2:53 pm

    Hi Sir,

    I’m 27 years old. I’m new to the mutual fund investment area and i want to do the invest for wealth creation in long term.

    currently, I would save 10k in my monthly salary, out of which, I have planned to invest 6k in below funds in SIP and rest of the 4K for savings.

    Large Cap:
    2K in ICIC Pru foccused Bluechip Fund(G) for 5 years

    Mid Cap:
    2K in HDFC Mid cap opp fund(G) for 5 years

    Balanced fund:
    2k in HDFC balanced fund(G) for 5 years.

    I have choosen the above plans. Can you please suggest if i selected are good? or any suggestion to get best returns or I want to more invest in above chossen fund.

    • Sreekanth Reddy says:
      July 6, 2015 at 9:54 pm

      Dear Murali,
      The selected funds are good ones.
      Suggest you to hold the funds for more than 5 years, especially the mid-cap one.

  • Jiten says:
    July 6, 2015 at 10:47 am

    Hello Sreekanth Sir,

    I am planning to buy the below funds for 15+ years as SIP.

    1. AXIS LONG TERM EQUITY FUND – GROWTH PLAN –> 3k per month
    2. HDFC BALANCED FUND – GROWTH –> 2k per month

    Please advise, if any changes or any other funds should I consider instead of above funds or any other funds do I need to add. I can invest 2k more.

    Thanks,
    JIten

    • Sreekanth Reddy says:
      July 10, 2015 at 10:04 am

      Dear Jiten,
      Good ones, continue with them. Rs2k can be used to SIP in a Equity diversified fund. You may select one fund from the equity diversified list given in the article.

  • sudhakar akula says:
    July 5, 2015 at 10:20 pm

    Dear sir,
    I am working as a assistant manager in state bank group and I was very happy to see the service you render to many people by educating them. I started investing 13000/- in mutual funds in the form of SIP’S from the past one year and 2000 Reccuring deposit and small amount in PPF. I am saving in RD for my marriage purpose it comes to handy and I have 8 years goal for house construction. Besides I have enrolled PMSBY AND PMJBY Insurance schemes. Please advise me for retirement planning and I have not started investing in stocks how to know the best stocks please help me

    Thankyou

    • Sreekanth Reddy says:
      July 6, 2015 at 8:05 pm

      Dear Sudhakar,
      Let me know the names of the Mutual fund schemes. Do you have health insurance cover?
      Also, read my article on Retirement planning.

      • sudhakar akula says:
        July 8, 2015 at 10:19 pm

        Dear sir,
        My SIP’s are DSP block 2500/- JM mutual fund 1000/- canara reabco 2000/- ICICI Prudential 2500/- IDBI mutual fund 2000 reliance gold fund 1000/- pm ppf 1000 pm Recurring deposit 2000/- pm

        • Sreekanth Reddy says:
          July 10, 2015 at 11:46 am

          Dear Suhakar,
          You have provided the fund house names, do share the Scheme names.

  • KANCHANA says:
    July 5, 2015 at 10:18 pm

    I WANT TO INVEST ONE LAKH FOR 15-20 YEARS TERM IN MUTUAL FUNDS ,KINDLY SUGGEST ME THE BEST FUNDS AND ALSO SUGGEST BEST SIP TO INVEST FOR 15 YEARS,NOW I HAVE SIP IN HDFC MID CAP FUND&FRANKLIN SMALLER COMPANIES FUND.WHAT ABOUT FRANKLIN INDIA HIGH GROWTH FUND?IS IT BEST TO INVEST FOR 15-20 YEARS TERM?

    • Sreekanth Reddy says:
      July 6, 2015 at 8:03 pm

      Dear Kanchana,
      You have selected good funds. You can make additional investments in the same funds 🙂

  • Madhav says:
    July 5, 2015 at 8:21 pm

    Hello Sreekanth, I would like to invest some decent amount, could you help me in investing the money, the main aim is to save money. Risk level is from low to moderate, and higher and better returns would be the ideal option, investing period would be between 1-2 years.

    • Sreekanth Reddy says:
      July 6, 2015 at 7:58 pm

      Dear Madhav,
      With an investment horizon of 1-2 years, low risk profile and high returns…it may not possible to identify investment avenues to match your investment requirements.

  • Deepak says:
    July 5, 2015 at 7:43 pm

    Hi Sree..

    Based on ur information earlier..thinking to strart sip for below…

    7K p.month for 5 years
    1.icici pru focused equity..
    2.franlin india prima plus..
    3.hdfc midcap..
    4.hdfc balanced fund..

    3K p.month for tax..
    1.Elss..axis long term..
    2.Elss.franklin india..
    3.PPF..
    And heard abt NPS 50k over n above 80c section..so total tax saving wud be 2lakhs

    Pls suggest fine to go with these selections…n pls tell me should i buy with my SMC account
    Or should i buy with individual funds site directly..share d difference also ..thank you..

    • Sreekanth Reddy says:
      July 6, 2015 at 7:57 pm

      Dear Deepak,
      Selected funds are fine. But remain invested for atlest 5-7 years.
      You may invest through SMC or buy directly, depends on your convenience.
      If you invest in DIRECT schemes through fund house websites, you can get slightly better returns (as no intermediary expenses are involved in DIRECT Schemes).

      • Deepak says:
        July 7, 2015 at 12:49 am

        THANK YOU Shree..

        Then i will invest thru online directly without SMC…

        Pls shed light in NPS..dsnt luk gud due to tax at d withdrawal tym..only currnt benefit is on tax ..n returns seems less..

        Pls share ur views..thnx

        • Sreekanth Reddy says:
          July 10, 2015 at 10:10 am

          Dear Deepak,
          Agree with your views on NPS.

  • k jagananth says:
    July 5, 2015 at 2:42 pm

    i am investing SBI Magnum equity fund. growth. regular plan. invested in 2012. what is the performance of this scheme. i invested 25000/- rs. presently what is the performance should i switch to other plan? or to continue it.

    • Sreekanth Reddy says:
      July 5, 2015 at 6:25 pm

      Dear Jagananth,
      Are you satisfied with its performance? What is your investment objective / financial goal?

  • Rahul says:
    July 4, 2015 at 10:17 pm

    I am looking for 75k to 1L investment per month. Absolutely new to SIP, staying abroad. Please suggest whether I shall start now while Greece issue/world economy is volatile or shall wait for 1 -2 months more..
    How many SIP shall I select? @8-10? Do not want to keep all eggs in 1 or 2 basket

    • Sreekanth Reddy says:
      July 5, 2015 at 1:06 pm

      Dear Rahul,
      Let me know about your investment objective and financial goal(s)..??

      • Rahul says:
        July 5, 2015 at 10:10 pm

        Looking for growth, not much worried about Risk. Still wants to go for reliable funds. Looking for @5 years investment

        • Sreekanth Reddy says:
          July 6, 2015 at 8:01 pm

          Dear Rahul,
          If your investment horizon is around 5 years, suggest you to start investing ASAP. Do not try to TIME the markets.
          Consider – ICICI Pru focused bluechip, HDFC Balanced fund & TATA Balanced fund.
          If your investment horizon is more than > 5 years, consider adding one MID cap fund like HDFC Midcap opportunities fund.

          • Rahul says:
            July 6, 2015 at 9:27 pm

            Dear Sreekanth, thanks for the advice. I am going for it. Checked online..there are 4 type of funds..Direct (D), Direct (G), Direct (MD), and (G).
            Understood that if I buy directly from company then it’s called as Direct and agency charges are not applied. But what are these additional categories within Direct fund? Which one shall I choose?

            • Rahul says:
              July 7, 2015 at 3:49 pm

              Got the answer.

  • pravin says:
    July 4, 2015 at 3:41 pm

    I ve started sip of 3000/ in long term (2 company) and 1000/ in mid cap. Should I increase my portfolio with other companies / bank sector.

    • Sreekanth Reddy says:
      July 5, 2015 at 12:58 pm

      Dear Pravin,
      Let me know the fund names and what is your investment time-frame (horizon)?

  • Narayan says:
    July 3, 2015 at 12:41 pm

    Hi Sreekanth,
    I am planning to invest in mutual funds and my monthly investment would be of Rs.2000/- . I have plans to invest for about 10 yeras which should give good returns and tax savings also. plz suggest me a fundamentally strong scheme which would give me good growth.

    • Sreekanth Reddy says:
      July 4, 2015 at 12:55 pm

      Dear Narayan,
      If you are looking for tax benefits u/s 80c and wealth accumulation, consider investing in ELSS funds.
      Read my article : Top ELSS funds.

  • Krishnamurthy says:
    July 1, 2015 at 12:26 pm

    Hi Srikanth,

    I am 31 years old and married . I am new to mutual funds. After i have read your blog i am planning to invest in the following funds.

    1. HDFC balanced (or)HDFC childrens gift fund(2500 pm).
    2. ICICI Pru Focused blue chip equity(2500pm)

    I have already taken hdfc protect plus term insurance for 1cr.

    Please suggest me the above funds are suitable for me.
    Also guide me to where i have to contact to start investing these funds.(like how to start investing , person to contact in chennai).

    Thanks in advance.

    Regards,
    Krishnamurthy K

    • Sreekanth Reddy says:
      July 1, 2015 at 5:41 pm

      Dear Krishnamurthy,
      The shortlisted ones are good ones, but stay invested for atleast 5 to 7 years.
      You can invest directly through respective fund house websites or through online distribution platforms lime fundsindia.com (chennai based)/ icicidirect.com etc.,
      You can invest in DIRECT schemes through fund house websites, here no intermediary is involved, so you can get slightly better returns when compared to REGULAR schemes. Do note that direct and regular schemes invests in same portfolios..its just that middlemen are not involved in DIRECT Schemes.

      • Krishna says:
        July 2, 2015 at 11:27 am

        Dear Sreekanth,

        Thanks a lot for the information. I will invest through fund house websites.

        Regards,
        Krishnamurthy K

        • Krishnamurthy says:
          July 9, 2015 at 11:08 am

          Hi Sreekanth,

          I would like to know the administration charges in Mutual funds. Today in one of the fund show in television, one person asked the details to the finance consultant.

          Details:

          He said he is investing in mutual funds for last 7 years. he said around 10 to 15% from his capital amount got deducted as a administrative charges . Finance consultant told that the charges are applicable. he said that the fund return is less as expected means the charges will be deducted from capital.

          Could you please help me to understand this.
          Also as discussed with you before i am planning to invest in below funds.

          1. HDFC balanced (or)HDFC childrens gift fund(2500 pm).
          2. ICICI Pru Focused blue chip equity(2500pm)

          In that case for the above 2 funds the charges will be applicable?

          Regards,
          Krishnamurthy K

          • Sreekanth Reddy says:
            July 10, 2015 at 12:01 pm

            Dear Krishnamurthy,
            10 to 15%, in mutual funds..no way…They might have been discussing about ULIPs.
            The Entry loads (charges) on Equity mutual funds are NIL.

  • ravi kiran says:
    July 1, 2015 at 1:17 am

    Hai sir, I am new for mutual funds, I want to invest 2000rs in sip for the next 12 years for my child education and my bank loan clearance. Please suggest me which mf schemes will I invest the money iam 30year old

    • Sreekanth Reddy says:
      July 1, 2015 at 11:18 am

      Dear Ravi,
      Kindly read below articles;
      Kid’s education goal planning
      Top Term insurance plans

  • Probal Sen says:
    June 30, 2015 at 4:48 pm

    Sir,
    I am 40 years old govt. employee having pension facility. I have a daughter in the age of 5 years. I want to invest Rs. 1000 SIP for at least 10-15 years. I am a new in this line. Could u help me to suggest the exact plan which could give us good return and stability also. Your kind co-operation is earnestly solicited.

    • Sreekanth Reddy says:
      July 1, 2015 at 11:17 am

      Dear Probal,
      I will surely provide you the required guidance..
      Do you have sufficient life insurance and health insurance coverage?

      • Probal Sen says:
        July 6, 2015 at 2:19 pm

        Sir,
        I have PLI of Rs. 2 Lakh, Jeevan Saral Rs. 250 p.m., Govt. medical facility where I have to spend first then it will be reimbursed.

      • Probal Sen says:
        July 7, 2015 at 4:13 pm

        Sir I am willing to invest in SIP in Franklin India High Growth Companies Fund (G). is this correct decision ?

        • Sreekanth Reddy says:
          July 10, 2015 at 10:06 am

          Dear Probal,
          Your first priority should be to get adequate life insurance cover. Kindly buy a term insurance plan at the earliest.
          Kindly go through the below articles;
          Top and best online term insurance plans in India
          Term insurance Vs endowment insurance plans.

          Franklin high growth fund is a good one, but kindly remain invested for atleast 5 to 7 years.

  • Ranga says:
    June 29, 2015 at 6:50 pm

    Hi,

    I have been investing in HDFC Top 200 fund for last 4 years but, the returns have not been up to mark for recent couple of years. Should I exit this fund ? If so, what other fund can I consider in place of this?

    • Sreekanth Reddy says:
      June 30, 2015 at 12:38 pm

      Dear Ranga..What is your investment time-frame?

      • Ranga says:
        July 1, 2015 at 1:07 pm

        Time frame would be next 10+ years for my daughter’s education or marriage.

        • Sreekanth Reddy says:
          July 1, 2015 at 5:43 pm

          Then I believe you can remain invested in HDFC top 200. Is this the only MF investment have you done?
          Also, read this article : Kid’s education goal planning.

  • Jl bansal says:
    June 27, 2015 at 8:48 pm

    Dear Srikant,After reading your blog,it seems everybody is new to investment in mutual funds including me.Although I first invested in Mastershare NFO,but after selling at Rs.12/-,I never looked towards mutual funds.But now reading some blogs including yours,I repent why I did not started investing in MFs thirty five years ago.Most of the Qs asked in your blog are by new comers.I will like to listen experinces of investers who are investing in MFs for more than 10 years.Srikant,share your experince.

    • Sreekanth Reddy says:
      June 28, 2015 at 11:19 am

      Dear Mr Bansal,
      Kindly read this artilce : My mutual fund portfolio.

  • PARAMDEEP SINGH says:
    June 27, 2015 at 1:40 pm

    Hello
    I am a 29 yrs. old from India living with my Wife and Parents. Planning retirement and can afford to save up to 5000/- per month as on date. My agent suggested me following 5 funds to invest for next 25-30 yrs. 1000/- each.

    HDFC TOP 200 Growth
    Reliance TOP 200 Retail Growth
    Reliance Small & Mid Cap Fund
    DSP Black Rock Micro Chip Fund
    ICICI Pru Discovery Fund

    After reading your article realising I am making wrong choices. Please advice me, as everybody wants I also wish my money to give me as maximum returns as possible.

    Regards
    PARAMDEEP SINGH
    param143@gmail

    • Sreekanth Reddy says:
      June 28, 2015 at 11:17 am

      Dear PARAMDEEP,
      HDFC 200, DSP Micro & ICICI Discovery are good ones. Consider one balance fund.
      Do you have term insurance cover?
      Kindly read my articles;
      Retirement planning 3 easy steps
      Financial planning pyramid
      How to create solid investment plan?

  • shalini says:
    June 26, 2015 at 5:10 pm

    Hi ,

    I m a beginner in Investment world , request you to help me in understanding below table,

    Top 3 Best performing SIP Large Cap Equity Mutual Funds :

    1. are returns column are cumulative or it shows returns on yearly basis and 10th year column is the cumulative of all year returns

    • Sreekanth Reddy says:
      June 28, 2015 at 10:48 am

      Dear Shalini,
      The returns are cumulative..
      Kindly read my article to understand the how investment returns can be calculated: Five formulas to calculate investment returns.

  • Shiva says:
    June 25, 2015 at 10:30 pm

    Hello Sri,

    I want to invest in MF for long term 10-15 yrs.
    Tell me which is suitable MF investment.

    • Sreekanth Reddy says:
      June 28, 2015 at 10:03 am

      Dear Shiva,
      You may pick 3-4 funds from the above list (one fund from each fund category). Also, you may allocate more monies to a mid-cap fund if your investment horizon is 15 years.

  • ramsha says:
    June 24, 2015 at 10:23 pm

    kindly suggest me a best fund to invest for 15 years to get best returns and I want to take risk,Iam already investing in uti mid cap fund.

    • Sreekanth Reddy says:
      June 25, 2015 at 7:26 pm

      Dear Ramsha,
      Check out HDFC Mid-cap opportunities fund or Franklin India Smaller Companies Fund. You may also consider adding one multi-cap or diversified fund.

      • ramsha says:
        June 25, 2015 at 10:07 pm

        which is the best fund in multicap/diversified funds?

        • Sreekanth Reddy says:
          June 28, 2015 at 10:02 am

          Let me know your investment horizon or financial goal(s)..

          • ramsha says:
            June 28, 2015 at 9:53 pm

            I am 27, putting funds in
            1000/month in ppf
            1000/month in sukanya samriddi account for my girl child
            sip 1000/month in uti mid cap fund
            now I want to invest 1 lac lumpsum in mfs for five years, suggest me best one to get best returns and want to start another sip for 5 years term.

            • Sreekanth Reddy says:
              June 28, 2015 at 10:29 pm

              Dear Ramsha,
              Consider investing in a balanced fund & Monthly income plan (growth options).
              Example : HDFC Balanced fund & Birla MIP II wealth 25 plan.
              Kindly read my articles :
              Top Balanced funds
              Top MIP funds..

              Another SIP, consider investing in HDFC balanced fund itself.

  • venkat says:
    June 24, 2015 at 3:10 pm

    Hi Sreekanth,

    I am in a junction to take the decision how can I start my investments in MF(I have already got MF portfolio based on your blogs and I have already sent you the MFs in my previous comments)
    When I call to Karvy for opening MFU CAN, they are asking to give one SIP form for each 5 MFs I selected.

    As you mentioned that you follow the fundsindia.com, I was interested to invest online through that site . But they are not providing ‘DIRECT’ option .Only ‘REGULAR’ MFs I can invest. Please suggest where can I start either in fundsindia.com or MFU?

    As per your recent article My Mutual Fund Portfolio – My MF Picks, I got to know it’s better to invest when market down ~200 points. So When I find market is down, can I invest that very next moment online ?

    There is no benefit if the corresponding portfolio related stocks raises even though SENSEX/NIFTY market down. Right? If yes, tracking of each MF portfolio is tedious job. Isn’t it? Hows your stategy on this? I AM MORE INTERESTED to LISTEN on this

    I want to take the flexibility of investments in SIP as well. Can I use this option though MFU?

    I see flexi SIP option in http://www.fundsindia.com and http://www.fundsupermart.co.in .Please let me know whether the same option would available in MFU?

    If not the let me know following MF AMCs are having Flexi SIPs?

    1. HDFC MF
    2. UTI MF
    3. ICICI MF
    4. Franklin Templeton MF
    5. Reliance MF

    Waiting for your reply

    Thanks,
    Venkat

    • Sreekanth Reddy says:
      June 24, 2015 at 3:57 pm

      Dear Venkat,
      I beleive that as of now MFU is not providing online investment facility for DIRECT schemes. But soon they may come up with this option.
      Yes, fundsindia provide only regular schemes.
      If you are comfortable investing in Direct plans through respective fund house websites, suggest you to go ahead and invest in DIRECT schemes.
      The strategy of investing when market falls many not suit to everyone. If you do not follow the markets regularly, suggest you to just create SIPs and keep investing. There is nothing wrong with this strategy too.
      I am not aware of Flexi SIPs of the shortlisted AMCs. Kindly check with them.

  • shashi says:
    June 23, 2015 at 8:40 am

    Please comment on the below funds. my investment period is 8-10 years.

    CANARA ROBECO EMERGING EQUITIES – GROWTH- 2000/month sip
    Franklin India High Growth Companies Fund- 2000/ month sip
    Uti equity fund-2000/month sip
    Axix long term equity- for tax planning- 2000/month

    • Sreekanth Reddy says:
      June 24, 2015 at 7:49 pm

      Dear Shashi,
      The shortlisted funds are fine.

  • Karthick says:
    June 23, 2015 at 7:53 am

    Hi Sreekanth,

    I am 26 yrs old and new to MFs. I dont even know the ground rules of it. What is the first step i need to take.
    1. Should i approach a bank?
    2. What should i ask them?
    3. Can i start online itself??

    Please guide …

    • Sreekanth Reddy says:
      June 24, 2015 at 7:34 pm

      Dear Karthick,
      Before that, suggest you first identify your financial goal(s) and investment time-frame.
      Read my articles;
      Financial Planning Pyramid
      How to create a solid investment plan
      6 most common personal finance mistakes

      You can start with a balanced fund, try investing online in Direct plans. You need to visit say HDFC mutual fund website and enroll yourself for online investment. You need to get your PAN KYC (Know your customer) done. Revert to me if you need any assistance.

  • krishna jevlikar says:
    June 22, 2015 at 9:39 am

    Dear Shashi,
    I am 53 years old central government employee. I wish to invest in SIP Rs 5000 to 7000 per month for next 7 years, as I will be retiring in 2022. I wish to have more funds at the time of retirement along with my other retirement benefits.
    please suggest me SIP.

    • Sreekanth Reddy says:
      June 24, 2015 at 7:25 pm

      Dear Krishna,
      Consider allocating monies to balanced and Mutual fund MIPs over a period of next 4 to 5 years.
      Kindly read my articles;
      Top Balanced funds
      Top MF MIPs

  • Sai says:
    June 21, 2015 at 5:51 pm

    Hi Sreekanth,
    I’m new to mutual funds. I’m 44 yrs old and would like to starting investing 10,000 per month in MFs via SIP, for a duration of around 5-10 yrs. Could you kindly suggest me the best equity funds (1 in each category) in Mid/Small-cap and Diversified ? I would like to invest 5K in both of these. My financial goals are kids higher education and probably post-retirement expenses. Please suggest me.
    Thanks in advance,
    Sai

    • Sreekanth Reddy says:
      June 21, 2015 at 8:24 pm

      Dear Sai,
      Suggest you kindly read my articles;
      Kid’s education goal – calculations
      Retirement planning in 3 easy steps.

      Kindly revert to me if you need any guidance 🙂

      • Sai says:
        June 21, 2015 at 11:20 pm

        Thank you Sreekanth for your quick response. I would like to thank you for your time and efforts to help & educate people who are new to investment/MFs. Your service is greatly appreciated. Keep up the good work. Thanks and take care.

  • Vernon Patel says:
    June 21, 2015 at 11:28 am

    I want to invest 2 lakhs in mf lumpsum can hold for 4-5 years pl suggest 4 best mf,
    Pl note I am a retired person, can take medium high risk

    • Sreekanth Reddy says:
      June 21, 2015 at 8:09 pm

      Dear Vernon,
      Consider balanced fund and a monthly income plan of MF.
      Read my articles;
      Top Balanced fund
      Top MIP MFs
      Consider allocating more money to Debt-Hybrid- Aggressive MIP fund.

  • sushanthss says:
    June 20, 2015 at 8:53 pm

    i started sip investment last 3 months 1oooo/ month- 2000/ each for the following funds
    1. franklin india high growth and small companies fund- 2000 each
    2.icic value discovery and blue chip- 2000/ each
    3 kotak select

    the funds are ok

    i want invest another 10000/ month
    kindly suggest good mutual funds

    my goal is long term ( 10 yrs) investment with good return

    • Sreekanth Reddy says:
      June 21, 2015 at 7:31 pm

      Dear Sushanth,
      Invest the additional amount in the existing funds. You may add one more fund from the balanced funds category (like hdfc balanced fund or tata balanced fund).

  • S D says:
    June 19, 2015 at 5:43 pm

    Hello Sree,

    Very nice and informative article.

    I am 35 years old IT executive, planning for investments in SIP currently for two purposes.

    1. Retirement
    2. Child’s future (Baby is 6 months old now)

    Can invest for 10-15 years. Amount 1000 * 5 = 5000 INR /month. Looking for your suggestion for five best and reliable SIPs where I could invest and How to invest online or do I have to visit their branch for investing.

    Looking forward to your response. Thanks!

    • Sreekanth Reddy says:
      June 20, 2015 at 1:01 pm

      Dear S D,
      Kindly read my articles, to get some idea about the calculations;
      Retirement planning in 3 easy steps
      Calculate required savings amount for your Kid’s education goal

  • Marcus says:
    June 19, 2015 at 10:13 am

    Hi Sir,

    I’m a 33 years old IT professional who has just started looking into investing in MF. After going through your articles and analyzing MF returns across asset classes, I have decided to start investing on the below.

    Investment Time: Min of 15 years through SIP
    Monthly Investment; 10000/-

    Large Cap – Franklin India Oppurtunities Fund 2000/-
    Multi Cap – UTI MNC Fund 2000/-
    Mid Cap – DSP BlackRock Micro Cap Fund 2000/-
    Balanced – Tata Balanced Fund 2000/-
    Debt – HDFC High Interest Dynamic Fund 2000/-

    As i’m looking for an long term investment, have chosen 80% Equity and 20% debt to start with. Will be increasing this investment by 15% every year. My aim is not wealth gain but to look for long term financial planning and build a decent corpus by the time I turn 50.

    Please advice if this looks good

    • Sreekanth Reddy says:
      June 20, 2015 at 12:43 pm

      Dear Marcus,
      Appreciate your long-term view.
      Consider investing slightly more monies in multicap and midcap funds for next 5 to 7 years or so.
      Instead of pure debt fund, consider investing more in balanced fund & also in a MIP fund for next few years to start with.
      Shift to debt funds or FDs (safe ones) after 12 years or so from now (before the goal year).
      Read my article – Top MIP funds.

  • Prashant says:
    June 18, 2015 at 7:50 pm

    Hi Sree,

    I am a salaried employee(in the tax rebate range of 10%), I am confused between Tax Saver Schemes and Normal Equity plans.

    For a salaried employee, is it always like so that he should invest in ELSS schemes(Tax savers),
    or Non-tax saver schemes can also be so fruitful that they encounter the tax rebate which one can get on ELSS(profit on ELSS+ tax one saved on ELSS) . Plz suggest.

    • Sreekanth Reddy says:
      June 20, 2015 at 12:04 pm

      Dear Prashant,
      It is not one SHOULD invest…an investor has to choose a financial product based on his/her financial goals and investment objectives. If he/she can identify an investment avenue which meets the requirements and also tax efficient, then it is prudent to invest in such products.

      • Prashant says:
        June 20, 2015 at 2:41 pm

        thats exactly my question is.
        As we have “Axis Long term equity fund”which is giving better returns then any other under Equity/balanced/mid cap schemes, then isn’t it beneficial to always invest in tax-savers for a salaried employee as they are giving better returns + tax benefits in addition.

        • Sreekanth Reddy says:
          June 20, 2015 at 8:18 pm

          Dear Prashant,
          As mentioned in my previous comment, if requirements are so, why not..(but my point is..we can’t say ‘should’ or ‘always’)…hope u got my point..

  • shashi says:
    June 18, 2015 at 8:24 am

    Your comment is awaiting moderation.

    hi please comment on below funds how r they.

    CANARA ROBECO EMERGING EQUITIES – GROWTH- 3000/month sip
    Franklin India High Growth Companies Fund- 3000/ month sip.

    can i continue with these funds.

    • Sreekanth Reddy says:
      June 18, 2015 at 7:33 pm

      Dear Shashi,
      Let me know your investment time-frame or financial goals??

  • hegde says:
    June 17, 2015 at 10:54 pm

    Hello Shreekanth,

    I want to invest in below 4 areas with mentioned % share for each.
    Large Cap – 20% of total MF investment
    Medium & Small Cap – 30% (can be 2 funds also – 15%+15%)
    Balanced – 20%
    ELSS – 20%

    I have already started SIPs in –
    Large Cap – UTI Equity Fund – from Jan2015
    ELSS – Axis Long Term Equity Fund – From Mar2015
    Balanced – Planning to start HDFC Balanced.

    Can you please suggest one from below in Mid&Small Cap segment? I have shortlisted below ones.
    1. UTI Mid Cap Fund
    2. DSP BlackRock Micro Cap Fund
    3. Can Robeco Emerging Equities Fund
    4. Reliance Small Cap Fund

    Also, would this % share yield medium risk good return? (I understand all MFs are in High Risk category, so dividing between all 4 segments ) Or, any change you would suggest?

    I come in 20% tax slab. So investing max in MFs.
    Goal is to achieve reasonably good return with tax benefit.

    Thanks for your blog. I loved it. Also shared the same with all my friends!

    Regards,
    Hegde

    • Sreekanth Reddy says:
      June 18, 2015 at 7:31 pm

      Dear Mr. Hegde,
      Selected funds are fine. From the mid-cap funds, consider uti midcap / dsp micro cap.

  • Apurva says:
    June 16, 2015 at 7:50 pm

    Dear Sir, I am new in this field. I want to invest 100000/- in mutual fund for 3-5 year.
    pls. suggest the funds.

    • Sreekanth Reddy says:
      June 18, 2015 at 10:14 am

      Dear Apurva,
      Kindly read my articles;
      Top Balanced funds
      Top MIP funds

  • Shashank says:
    June 16, 2015 at 6:56 pm

    Hello Sree,

    I am investing Rs. 1000 in HDFC TOP 200 Growth fund since 2011. Now I want to increase my investment amount in Mutual funds to Rs. 5000/month.

    1. I want to increase the amount of investment in HDFC Top 200 Growth fund for another Rs. 2500 for around 15 years besides the present investment of Rs. 1000.

    2. I also want to invest another Rs. 2500 in some other good equity funds for around 15-20 years.

    Please suggest me some good higher returning funds equity funds as my tenure of investment will be more than 10 years and also please let me know whether my decision to increase the amount of investment in HDFC TOP 200 growth fund is correct or not?

    • Sreekanth Reddy says:
      June 16, 2015 at 8:38 pm

      Dear Shashank,
      Considering its stellar performance over the years, go ahead with HDFC Top 200 (though it is not an out-performer off-late).
      consider one mid-cap and one diversified funds from the above list (for Rs 2.5k).

  • Roy says:
    June 16, 2015 at 5:49 pm

    Hello Sreekanth,

    Was investing in MF’s before for a period of around 10 yrs but had to cash in on the same due to a investment in a residential property for which our housing laon emi’s would be settled in another 1 yr 1/2 .Would like to start investing in MF’s with a 10 -15 year horizon.Intention is to build up on financial security as well as taking care of our childrens education considering retirement 15 yrs from now.Have 2 children aged 5 & 10 .Have a medium/moderate risk appetite.Want to start with SIP’s of around 20 k per month .Are the below funds @ 2k per fund advisable to invest in :

    ICICI PRU FOCUSSED BLUE CHIP FUND (G)
    FRANKLIN INDIA SMALLER COMPANIES FUND
    HDFC MIDCAP OPPURTUNTIES FUND
    ICICI PRUDENTIAL DYNAMIC FUND
    HDFC CAPITAL BUILDER
    FRANKLIN INDIA HIGH GROWTH CO’S FUND
    ICICI PRUDENTIAL VALUE DISCOVERY FUND
    HDFC CHILDRENS GIFT FUND-INVESTMENT PLAN
    TATA BALANCED FUND PLAN -A
    SBI FMCG -(G)

    Would appreciate your advise and recomendation .

    Thank you in advance.

    • Sreekanth Reddy says:
      June 16, 2015 at 7:54 pm

      Dear Roy,
      You may trim down the no of funds. Also, consider creating different portfolios (can be same funds, depending on time-frame) for each goal. All the selected funds are good, understand the risks associated with sector fund (SBI FMCG) before investing.

      Read my articles;
      Kid’s education goal
      Retirement planning in 3 easy steps

      • Roy says:
        June 17, 2015 at 6:09 pm

        CICI PRU FOCUSSED BLUE CHIP FUND (G)

        Hello Sreekanth,

        Thank you for your prompt reply.Went through your articles on Kids education & retirement planning ,very structured /simplified and informative.

        I would require money in another 10 to 12 yrs for further education of my 2 children.As suggested have trimmed down the no. of funds(any rationale behind the same) as per below.

        ICICI PRU FOCUSSED BLUE CHIP FUND- 3 K PM

        FRANKLIN INDIA PRIMA PLUS-4 K PM

        ICICI PRUDENTIAL DYNAMIC FUND- 4 K PM

        HDFC CAPITAL BUILDER- 4 K PM

        FRANKLIN INDIA SMALLER COMPANIES FUND- 3 K PM

        TATA BALANCED FUND PLAN -A – 4 K PM

        Please advise if these funds and the split are ok .

        Thank you

        • Sreekanth Reddy says:
          June 18, 2015 at 7:28 pm

          Dear Roy,
          You may include one more mid-cap fund instead of a multi-cap fund (HDFC Capital builder).

          • roy says:
            June 20, 2015 at 5:29 pm

            Is hdfc mid cap oppurtunities fund a good option

            • Sreekanth Reddy says:
              June 20, 2015 at 8:22 pm

              Yes dear Roy..

              • Roy says:
                June 22, 2015 at 5:56 pm

                Thank you Sreekanth

  • ramesh says:
    June 15, 2015 at 11:39 pm

    I want to invest in birla sunlife mnc fund for my child education ,I need money after 15 yrs,is it good fund

    • Sreekanth Reddy says:
      June 16, 2015 at 11:45 am

      Dear Ramesh,
      Its a good fund, besides MNC fund, you may consider investing in a balanced fund too.

  • Sourav says:
    June 15, 2015 at 5:19 pm

    Hi Sreekanth,

    I am planning to invest in Balanced fund for my child higher education in next 14 years. However, little confused amongst the following funds:

    1> Tata Balanced Fund
    2> HDFC Balanced Fund
    3> HDFC Childrens Gift Fund – Investment plan

    Please advise which one should I select.

    Regards,
    Sourav Saha

    • Sreekanth Reddy says:
      June 16, 2015 at 11:40 am

      Dear Sourav,
      All three are good ones. You may select two out them.
      Check out mid-cap oriented funds too, as you are looking at long-term investments.

  • Prashant says:
    June 15, 2015 at 1:49 pm

    Hi Sree,

    I have decided to invest in balanced fund(HDFC balanced fund), would ypu suggest to break down the investment in HDFC balanced fund and ICICI balanced fund or it deosn’t matter much as they both in same category(Balanced fund) .

    • Sreekanth Reddy says:
      June 16, 2015 at 11:38 am

      Dear Prashant,
      HDFC Balanced fund has generated slightly better SIP returns (10 year period), so you may allocate higher percentage of your investment towards it.

      • Prashant says:
        June 16, 2015 at 1:56 pm

        Thanks Sree, In hdfc balanced fund
        I am getting two option :

        1.) HDFC BALANCED FUND – DIRECT PLAN – GROWTH OPTION NAV(105.9920) – Not available on FundsIndia
        2.) HDFC BALANCED FUND – GROWTH OPTION 105.9920 NAV(104.3370) – Available of FundsIndia as well(Same NAV Cost)

        a.) Can you plz let me know which one to opt for.
        b.) And i have two platform to invest into, hdfc securities and FundsIndia, which platform will be beneficial in this case.

        Thanks !

        • Sreekanth Reddy says:
          June 16, 2015 at 7:51 pm

          Dear Prashant,
          If you want to invest in Direct plan, kindly visit hdfc amc website and invest online (no intermediary is involved).
          Cant comment on online platforms.
          I personally invest in MFs through icicidirect & fundsindia.

          • Prashant says:
            June 17, 2015 at 10:37 am

            Thanks Sree.
            I am new to all this investment, Can you plz let me know what is difference between Direct plan(one from AMC is i think termed direct) and non-direct(one available on FundsIndia).
            Which is better to invest. direct or other one.

            • Prashant says:
              June 17, 2015 at 11:09 am

              I have checked our link, http://www.relakhs.com/mf-utility-mutual-fund-online-direct-amfi/
              Doubts Clarified.
              Thanks!!

  • Manjunath says:
    June 15, 2015 at 11:38 am

    Hi Sir,
    I am planning to start SIP in below mutual fund (ten thousand each-total 40000 INR per month) for 10 year plus time line.
    1. ICICI focused blue chip – 10000 INR – 5th of every month
    2. UTI mid. cap -10000 INR-10th of every month
    3. Franklin High growth fund -10000 INR -15th of every month
    4. HDFC balance fund -10000 INR -20th of every month
    Is it ok or shall I split 10000 INR in four installment e.g. 2500 rupee for all mutual funds on 5th, 10th, 15th and 20th day of every month. So it will be 10000 INR distributed for each mutual fund in four days in a month.
    Please advise me which option will be best for maximum return considering the market volatility every month.

    Thanks & regards
    Manjunath

    • Sreekanth Reddy says:
      June 16, 2015 at 11:35 am

      Dear Manjunath,
      Shortlisted funds are fine. Go ahead with your plan.
      Instead of splitting 10k/4, you may consider making additional investments whenever markets fall.

  • Anupam says: