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.
Let us now look at some more details of each of the fund categories.
Top 3 Best performing SIP Large Cap Equity Mutual Funds :
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 :
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 :
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 :
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 :
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”
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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.
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.
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.
Dear Yavika ..You can find the list of latest 100 articles @ Archive page..
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.
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.
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,
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.
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
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?
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
Dear prashant ..You may consider funds like – HDFC Balanced fund, Birla Sun Life Frontline equity, Franklin Prima plus & UTI mid-cap fund.
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.
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/
Dear Srikanth Reeddy nice information from you
pl provide the information on TAX rates for short term / long term MF
Dear Satyanarayana ..Kindly read this article : Mutual Fund Taxation rules.
Dear Srikanth Reeddy thank you for elaborate information MF TAX rates
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
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?
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
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.
Thank You Sir for your Reply and will add up one more fund
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
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.
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?
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).
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
Dear A N …May I know what ‘SWITCH’ are you referring to?
Thank you for your appreciation!
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
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.
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!
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…
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?
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 .
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.
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
Dear Radhika,..Why not in all the four funds 🙂 ?
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
Dear Radhika ..Yes, Procedure?? You mean ratio of allocation?
If so, may be you can allocate a higher % to Discovery fund & Mid-cap fund.
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
Dear Radhika ..I am not sure which online platform you are using. You can select the existing Folio Numbers and make additional investments.
Hi Sreekanth,
Thanks for the response. It was very helpful.
Best Regards
Radhika
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.
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.
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
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.
Sir,
Kindly Suggest me start new sip
we have already 1 sip idfc premiem equity growth fund last 5 years
Dear Atul ..May I know your investment time-frame?
Read:
Best Equity funds 2016.
How to select best MF scheme?
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.
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.
sir,
Please give your advice on POSTAL LIFE INSURANCE [ PLI] MERITS AND DEMERITS is it a good option.
bhanudas gaonkar
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.
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
Dear Kumar ..May I know your investment objective & time-frame?
Read: Best Funds 2016.
Hi,
I am 47 year old NRI , wish to invest in SIP for 10 years to achieve retirement corpus.
Dear KUMAR,
Kindly go through below articles;
Retirement planning goal calculator.
List of best investment options.
Fatca Compliance & NRI investments.
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?
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.
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)
Dear ramesh,
You may kindly start with a balanced fund. Ex – HDFC Balanced fund / TATA balanced fund.
Read: Best Balanced mutual funds.
I want to invest lum sum 2,lac and sip of 15000 to 20000. My term will be 5 to 10 years please suggest.
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.
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?
i can invest 5k per month through SIP
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.
Thanks a lot 🙂
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.
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.
hi , i want to invest in SIP for 3 year. 5000 in 3 different SIP . kindly suggest me for the same…
Dear Mahendra..You may consider a balanced fund.
Read: Best Balanced funds .
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..
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?
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?
Dear Priya..No its not necessary. But your investment is locked for 3 years (in ELSS funds).
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
Dear Priya..Let me know your investment horizon?
You may consider investing in a balanced fund.
Read:
Best Balanced funds.
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.
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.
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…..
I think ur choice is aggressive. Tone it down with a balanced/long term funds like blue chips & balanced ones.
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.
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.
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?
THANK U SREEKANTH FOR YOUR ADVISE THIS ADD MORE KNOWLEDGE TO MY MUTUAL FUND INVESTMENT (SIP),AND I AM NOT TAKING ANY EDUCATIONAL LOAN.
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
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?
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
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.
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/-
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.
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
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.
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.
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.
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
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?
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
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??
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.
Dear Namachivayam,
Instead of LT fund you may consider one diversified equity fund. Ex – Franklin Prima plus.
Read: Best Equity funds 2016.
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…
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?
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
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
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.
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
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.
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
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)?
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
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?
Thanks a lot Sreekant
It was great to discuss things with you and receive important insights.
Your blog is really helpful.
Regards
Sandip
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
Dear John,
May I know the reason for investing in monthly RD? any specific goal?
Portfolios look fine.
Sir,
Thanks for your reply.RD only means of diversification of investment. So I can go ahead with this portfolios?
Thanks for your advice.
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?
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.
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.
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
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.
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.
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.
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.
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.
Hi Sreekanth ,
I wish to invest Rs.5000/- per month.
So can you suggest which SIPs to invest in 2016-2017.
Regards,
Ram
Dear Ram ..Kindly read: Best Equity Funds for 2016.
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.
Dear Bennyjose,
Kindly consider investing in balanced funds.
Read:
Best balanced funds.
MF portfolio overlap checking tools.
List of best investment options.
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
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.
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
Dear somya..You may start with HDFC balanced fund.
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?
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.
Hi shree,
I won’t be needing it in 2017. But I’ll be investing 500 bucks from that year on.
Dear Jithya..You may do so. Both are decent funds.
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.
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.
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.
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.
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
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.
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)
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.
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
Dear manoj..May I know as to Why do you think ‘its a wrong time’ to invest??
Arre Manoj,
Why is the timing WRONG?
Whats your logic?
Can you please throw light on this???
Hello srikanth.Plz suggest which is best for long term savings in mutual funds with moderate risk
Dear Siba..Equity diversified fund & Balanced fund can be considered.
Read : Best mutual funds for 2016.
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 .
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.
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.
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
Dear Roy,
Option 2 looks fine. You may consider that. Yup, its bank FD.
Thank you Sreekanth.
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.
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..
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
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.
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.
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
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?
hi i m investing in HDFC midcap…but its perfomance is not so good …so should i replace it with UTI midcap or continue??
Dear neeraj..You may continue with it. May I know your investment horizon??
Dear sir
my monthly income is about 18000 thousand .i have lic premium 17000 yearly. pls suggest me for investment .age 32
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)??
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
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.
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.
Dear mandal,
Any specific reason for shortlisting PHARMA / healthcare related funds only.
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
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.
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.
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?
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.
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.
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.
Dear Deblin,
The existing funds are good, so you may invest in them. However you may add one 1 & 2 funds to your portfolio.
Hey, what are best funds to start SIP in 2016. Thanks.
Dear Rohit,
Kindly read my latest article : Best SIP Equity Mutual Funds to invest in 2016.
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.
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.
Dear Srikanth,Hope you will review and renew the above list of funds to invest for 2016 by 29/12/2015
Dear Mr. Bansal,
I will surely review by End of this month 🙂 Thank you!
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
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.
hi ,Sreekanth,
i regular follow you.
pi suggest balance fund from hdfcbalance fund or tata balance fund for 3000 sip for 10 year
Dear mahesh…Both are good ones. Choose either of them.
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..
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.
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
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.
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.
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.
Thank you sir
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.
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.
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.
Dear Tarun,
Kindly read this article and check if there is any high overlap : MF Portfolio overlap checking tools.
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
Dear Gurpreet,
Do not invest in equity funds if your investment horizon is 3 years.
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
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.
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 🙂
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.
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…..
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.
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.
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.
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
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.
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
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.
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.
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..)
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
Dear Arun..Let me know your investment horizon (time-frame).
25 years
Dear Arun,
All three funds are good ones. You may now consider adding a balanced fund to your portfolio.
Read : Best Balanced funds.
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
Dear Arun..They are good funds, kindly remain invested for longer period and keep tracking the portfolio performance.
Sir,
I want to invest 5k monthly for 5 years by SIP. Please suggest me best equity mutual funds
Dear Naresh..You may consider investing in a Balanced fund.
Kindly read : Best Balanced funds.
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
Dear Praveen,
All three are good. I have investments in UTI mid-cap.
Dear Sreekanth,
Thank you very much
Praveen
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?
Dear Ram..Let me know your investment horizon (time-frame)??
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.
Dear saurabh…kindly let me know your investment horizon (time frame)?/
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.
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.
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.?
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?
Hi sir, lot of thanks for MF guideline. Sir pl suggest I invest one time lum-sum or through SIP.
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.
sir, any four funds of equity/balance funds in large cap/mid cap to invest.
Dear Satish,
You may consider – Franklin prima plus, UTI midcap & HDFC Balanced funds.
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.
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?
Sir there is no need of this money after four yrs pl suggest in which MF i invest.
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
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.
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
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.
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.
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?
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.
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.
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?
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.
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
Dear KISHOR,
Duration should be dependent on your financial goal(s). Kindly share more details about your financial goal(s) or investment horizon.
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
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.
Thank you sree
How to invest pl suggest
on line available TATA Balanced fund & Franklin Prima plus
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?
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 “[email protected]”
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.
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.
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.
Hi Sreekant,
My goal is to earn 50 lakhs+ in 10 years. The duration mentioned are the SIP duration as of now.
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’?
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?
Dear Rohan,
As of now, I guess no such tools are available.
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.
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.
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.
Dear Chandra,
If the goal is a long-term one, I do not think we should give that much importance to this.
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
Dear Satish..let me know your investment horizon.
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
Dear Padma.. Do you have any existing MF investments?
All my old MF SIP’s are stopped, I am not holding any now. It’s going to be new start.
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
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
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.
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
Dear Krishna..you can reach me at sreekanth @ relakhs.com
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
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.
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)
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)??
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.
Dear Lalit,
My picks would be – HDFC Mid-cap, ICICI discovery, ICICI Tax plan.
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.
Dear vikram,
Let’s start with ‘Protection Planning’. Kindly let me know if you are adequately insured? Do you have life & health insurance covers?
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
Dear subi,
You may consider either an Equity Diversified fund or a balanced fund. Ex : Franklin Prima Plus or HDFC Balanced fund.
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.
Dear Prince,
Do you have sufficient life insurance cover?
Suggest you to kindly go through this article – Financial Planning Pyramid – and revert to me.
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
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.
Is the returns published annualised returns?
Yes dear Rosita…They are mostly sourced from money-control.
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.
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?
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
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.
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
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.
hello ,i am new to invest in SIP.please help me in which MF i should invest for 3 to 5 years
Dear Khush,
Kindly go through below articles;
Best MF MIPs,
Best Balanced funds.
How to invest in Direct plans of MFs?
My MF picks.
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.
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.
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
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.
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
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.
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
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)??
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 !
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.
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
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.
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
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.
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
Dear Sanchit,
Kindly read my post on ‘Best ELSS funds‘ .
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
Dear Gourav,
If your investment horizon is 5 years, you may consider investing in a Balanced fund.
Kindly read : Top Balanced funds.
Sir, mai sip me 10000 pm invest karna chahta hoo.kis fund me invest karu please suggesion
Dear meghnath..Let me know your investment time-frame??
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
Dear Paresh,
Your portfolio looks fine to me.
Read my article : MF Portfolio overlap analysis tools.
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…
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
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.
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.
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.
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
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
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??
Dear shiju,
Kindly go through my article : Best ELSS funds.
You may invest in one ELSS fund.
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.
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.
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
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??
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
Dear Roy,
What about Life insurance cover?
Read my article on : Super Top up health insurance plans.
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
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.
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
Dear Roy,
Kindly go ahead with your plans.
Allocation looks good.
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.
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?
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.
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.
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
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.
Ya Sree, im sure those r direct option… and yes my goal is to keep the investments 10+ yrs…
Dear Anu,
Carry on with your investments, these are good ones.
You may consider adding one Balanced fund to your portfolio in future.
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…
Dear Anupama,
Kindly read my latest article on DIRECT mutual funds and revert to me if you need more info.
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.
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.
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.
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
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.
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).
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
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.
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
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.
Dear Sreekanth,
then in which scheme i should invest??please specify the names of the scheme.
bikash
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.
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
Dear Rajesh,
You may consider investing in a balanced fund . Suggestions : TATA Balanced fund / HDFC Balanced fund.
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
Dear Ramesh,
The expenses are already factored in the NAVs (Net Asset Values).
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?
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.
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
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.
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
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.
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?
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.
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?
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.
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
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“.
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.
Feel free call us we will suggest you better for your.
9555508393
Ok sir..i will call u ..
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
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)
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.
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.
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.
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
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.. .
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
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
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
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.
Hello Sreekanth, Awaiting your reply. Thank you.Roy
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
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
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,
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,
U have good portfolios.u can calculate ur return 13 -17 % annually
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.
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
Hi I would like invest in mutual funds. Can u suggestions me which fund is good performance. My investment should be 5k
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
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
Hi srikanth,
Pls reply to my message dt.september 11, 2015
Regards
Nagarajan
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?
Sir,
I want to invest through SIP 2-3k p.m. for 10 yrs, which scheme is good for high returns.
thanks
virender singh
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.
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
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.
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
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.
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
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
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.
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
Dear Ashishh,
I have replied to your email..kindly check 🙂
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?
Dear Amit,
You may opt for Franklin Prima plus..
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
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.
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 …..
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.
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.
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.
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….
Dear Prem,
The list looks fine. If you have already invested in Franklin Smaller fund, invest the additional Rs 2k in the same fund.
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.
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.
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
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.
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.
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.
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
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.
Dear Ajit..You may pick one fund each from mid-cap category, multi-cap and balanced fund categories.
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.
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).
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.
Dear Mukesh..you may remain invested..
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
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.
Which of the above is tax-free?
Dear Bhagwan..ELSS funds are tax saving ones.
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.
Dear Valarmathy,
All are fine. You may opt for one balanced fund.
Kindly read my article on – Kid’s education goal planning.
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
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
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.
Dear Umanshu..Kindly follow the suggestions as discussed on Facebook Messenger.
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
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.
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.
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.
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.
Dear Anjali,
Kindly go through the below articles;
Top Balanced funds
TOP MIP funds.
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.
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.
Thanks,
Kindly suggest the name as i am first time invester and don’t know much about MF.
Kindly suggest the name of MF as per current market conditions
Dear Amit..kindly let me know about your investment time-frame (how long can you stay invested) and about your financial goal(s)??
Around 7-10 years, for children education
Dear Amit..You may pick 3 funds – one balanced fund, one mid-cap fund and one diversified equity fund from the above list.
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**
Dear Shobhan..Consider investing in couple of balanced funds.
Kindly read below articles;
Top Balanced funds
Check mutual fund portfolio overlap.
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
Dear Arun,
Additional Rs 5k can be invested in HDFC Mid-cap & ICICI Focused funds.
i want to invest in hdfc mid cap with a monthly SIP installment 1000 will this be beneficial?
Dear Aruta..What is your investment time-frame?
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?
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.
Thanks Sreekanth. 🙂
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.
Dear Rajib..You may consider a balanced fund to start with.
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
Hi Srikanth,
Thanks for your valuable information. Could you please guide on FMP & non FMP schemes.
Thanks & Regards
Suresh Kotapati
Dear Suresh,
What are your financial goals? Why do you want to invest in FMPs?
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…
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
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.
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?
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
Dear Arun,
Let me know your investment time-frame? Also, kindly understand the risks associated with Sector funds.
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.
Dear Arun,
Suggest you to check the extent of Portfolio overlap. Kindly read this article.
Emergency Fund : Cash + FD + Liquid Fund.
how to send my portfolio details to you by attachments
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
Dear Navneet..What are your financial goal(s)? and kindly let me know about your investment horizon??
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.
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.
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
Dear Rajesh,
If your investment horizon is > 5 years, it is better to avoid investing in FDs.
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
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.
Thank you very much for your feedback.
take care
g.rajesh
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…..
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.
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?
Dear Akash..Consider investing in a Mid-cap fund if your time-frame is >10 years.
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
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.
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
Dear Purnachander…I have given the fund names in my previous comment.
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
Dear Santanu..You may select two funds , one from Equity diversified and second one in Mid-cap category.
Thanks for your reply …
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
Dear Sanatnu..What is your investment time-frame??
At least 10 Years …
Dear Santanu…Go ahead and stay invested for atleast 10 years 🙂
Thanks Sreekanth ….
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 wh