KumarG_007

Hi Sreekanth,As I have mentioned above, my debt portion is 40% of my portfolio (with 60:40 Equity~Debt allocation), Investment for 60% of equity part is already finalized with the help of your suggestions.Now for 40% debt part, apart from yearly PPF investment, I am bit confused in where to invest for long term Debt investment (8+ years).Since you have mentioned to avoid investing in Debt mutual fund for now, is investment in FD or RD suitable for long term?ORShould I invest in my existing Hybrid mutual funds (e.g HDFC Hybrid fund) instead for debt part?Any other option for long term debt investment?Please advice.BR,Kumar!

On Answer for What to do with existing investment, after becoming NRI?

Dear Sreekanth,Thanks for your response.As mentioned in my question, investment objective is child education, wealth creation and retirement with moderate risk profile. My time horizon is 8+ and 10+ years respectively.For 40% debt allocation, apart from yearly PPF investment (and existing debt fund "Aditya Birla SL FRF-Long Term Plan"), which other Debt fund (or any other debt option like RD) will you suggest for long term investment?One more question, currently I have both "Muti-cap" and "Hybrid" mutual funds available in my portfolio, both having exposure to large-cap and mid-small cap funds,do I really need to carry both or should I stop investing in "Hybrid" funds?BR,Kumar!

On Answer for What to do with existing investment, after becoming NRI?

Hi Sreekanth,Let me rephrase my question.1) Regarding asset allocation between Equity & Debt, what would be the ideal asset allocation between Equity & Debt when your goal is 8+ year away?2) For Debt investment (assume 30% ~ 40%) of overall portfolio, currently I have only one debt fund apart from PPF investment and FD investment.Which Debt fund is good to choose for long term investment (apart from PPF investment of 150,000 yearly) as I think my Debt allocation is not properly covered?Also I am not sure how to consider lump-sum FD investment amount in overall debt allocation calculation.3) In my 3 different portfolios, I have 4-5 mutual funds (I understand some of them creates overlapping of underlying stocks),Shall I reduce the number of funds in each portfolio,if yes then which one you suggest to stop in each portfolio?4) As I mentioned in point#2 for addition of new Debt funds for long term, do I really required 2 Hybrid funds which are already part of my portfolio?5) One last (Sorry as asking too many questions), among equity allocation what would be the ideal asset allocation betweenLarge, Mid, Small and Multi-cap funds when your goal is 8+ year away?Many thanks for your time and guidance.Best Regards,Kumar!

On Answer for What to do with existing investment, after becoming NRI?

Hi Sreekanth,Thanks for your response.Any suggestion on Equity-Debt allocation ratio (and allocation ratio in Large/Mid/Small cap)?BR,Kumar!

On Answer for What to do with existing investment, after becoming NRI?

Thanks a lot Sreekanth

On Answer for Should I continue Yes Bank with my Saving and FD account?

Thanks again Sreekanth,Do you see any complication or concern using parents account for own investments and while doing redemption/selling of stocks in future?

On Answer for What to do with existing investment, after becoming NRI?

Hi Sreekanth,VikasThanks for your response.It was told to me (from funds India) that I need to stop my current investment as it is linked with my saving account and create new investment with new NRO account, so my current investment will be impacted.My friend has suggested another option to open a demat account with my father/mother's name and do your further investment using there account (as they are resident of India and senior citizen). and let the current investment open with your current saving account unit you manually transfer/close current investment.Can you share your comments on this? Any concern do you see with this?BR,Kumar!

On Answer for What to do with existing investment, after becoming NRI?

Thank you!

On Answer for Can you please advice on my MF portfolio?

Hi Sreekanth,Thank you for your response.What are the consequence if I don’t disclose this and don't change the status? As it might possible that I may go back to India in future and become resident again.BR,Kumar!

On Answer for What to do with existing investment, after becoming NRI?

Hi Sreekanth,Thanks again.Can you also suggest on below allocation percentage for different fund categories for a long term portfolio (7+ years) , is that advisable or any correction required?Equity: 70~75% Larger Cap: 60% Mid-cap/small cap: 20 Multi-cap: 20Debt: 25~30%

On Answer for Can you please advice on my MF portfolio?

Hi Sreekanth,Thanks for your reply.1) By 70% Equity, I meant Equity mutual funds (investment in Larger cap, multi-cap, mid-small cap mutual funds), Let me elaborate my details.Currently I am investing 100,000 monthly via SIP in 3 different portfolios of Mutual funds. Each portfolio having mix of equity and debt mutual funds (details are available in my previous posts of this questions).Now while doing mid-term review, I observe that the fund allocation between Equity and debt mutual funds is not proper, so I wanted to reshuffle my portfolio with 70~75% equity mutual funds and 25~30% in debt mutual funds.Hence I am seeking your suggestions on my existing debts mutual funds, whether it is good to continue with these funds for long term (7+ years) prospective or should I replace with any other better long term debt funds (please refer my previous post for existing debt funds)Apart from this, I do have separate investment in direct stocks, but its very little.2) No, I don't have EPF scheme as currently I am working aboard and my EPF account is suspended.But, this brings me another question related to NRI investment, I will ask in a separate questions as I want to close this topic first.Because of turning into NRI, I have holed my investment in PPF, so for debt side I only have SIP in debt mutual funds (apart from few FD).Kindly suggest further.BR,Kumar

On Answer for Can you please advice on my MF portfolio?

Dear Sreekanth,Hope you are fine and doing well.I am in the process of re-shuffling my portfolio for setting proper asset allocation between Equity and Debt fund. Presently I have investment in below 4 debts funds (apart from Equity funds) but I want you suggestion on following points:1) Since my all investments are for long term (7+ years), are these 4 existing debts funds (mentioned below) are right choice for debts funds for long term prospective? If No then can you please suggest which one should I replace and by which fund?My current Debt funds:> Aditya Birla SL FRF-Long Term Plan(G) (Active SIP)> ICICI Pru Savings Fund(G) (Active SIP)> DSP Credit Risk Fund-Reg(G) (Active SIP)> Aditya Birla SL Dynamic Bond Fund-Reg(G) (IN-Active SIP)Please note,> I wanted to invest in only 3 debts fund for long term prospective (1 for each portfolio, total 3).> I have some investment in FD> I have some investment in PPF (but not much)2) I am going for below allocation percentage for different fund categories, is that advisable or any correction required?Equity: 70% Larger Cap: 60% Mid-cap/small cap: 20 Multi-cap: 20Debt: 30%Awaiting for your prompt response.BR,Kumar

On Answer for Can you please advice on my MF portfolio?

Hi Sreekanth, I would also like to know this if the investment time-frame is long term (+10 years) then what would the suggestion?

On Answer for Mutual fund investment in present scenario…

Hi Sreekanth,Since market is down now a days, so is it advisable to do additional top-up of some of the existing funds?If yes, can you suggest which fund should I choose for one-time top-up investment just to take advantage of market fall?Thanks,Kumar

On Answer for Can you please advice on my MF portfolio?

Hi Sreekanth,Based on your suggestion and few more consideration, I am in the final stage of reshuffling my portfolio and I need your suggestion again on my SIP portfolio review.I am thinking to create a diversified portfolio for each goal which contain mix of Large cap, Multi-cap, Mid-small cap and a Debt fund.I want to go for 75% ~ 25% equity-debt ratio overall.Hence I have chosen some new funds (from missed funds category) as highlighted as NEW below:PORTFOLIO – Retirement1. Franklin India Bluechip Fund(G) (EQUITY-Large Cap, 10000 per month)2. ICICI Pru Value Discovery Fund(G) (EQUITY-Multi Cap, 7000 per month)3. HDFC Mid-Cap Opportunities Fund(G) (EQUITY-Mid Cap, 15000 per month)4. Birla SL FRF-Long Term Plan(G) (DEBT, 8000 per month)PORTFOLIO – Child Marriage1. ICICI Pru Bluechip Fund (EQUITY-Large Cap, 10000 per month) ………NEW2. SBI Magnum Multi Cap (EQUITY-Multi Cap, 7000 per month) ………NEW3. Franklin India Smaller Companies (EQUITY-Mid-Small Cap, 7000 per month) ………NEW4. DSPBR Income Opportunities Fund-Reg(G) (DEBT, 6000 per month)PORTFOLIO – Child Education1. SBI Bluechip (EQUITY-Large Cap, 10000 per month) ………NEW2. Franklin India Prima Plus Fund(G) (EQUITY-Multi Cap, 7000 per month)3. Mirae Asset Emerging Bluechip Fund (EQUITY-Mid-Small Cap, 7000 per month) ………NEW4. ICICI Pru Flexible Income Plan(G) (DEBT Cap, 6000 per month)Could you please suggest following:1. My thinking of mix of funds in each category for each portfolio is required now and good to go?2. Is the amount allocation between each fund category is okay or any correction required? Please note my all goals are 10+ years away.3. Is my any of funds/portfolio is overlapped?4. The newly selected funds are good enough or is there any better options?Seeking for your valuable feedback on above.BR,Kumar!

On Answer for Can you please advice on my MF portfolio?

Dear Sreekanth,1. I already have HDFC Mid-cap opp fund in my portfolio, okay I will add one at least in each portfolio I have.2. Yes that was my plan to pay PPF yearly amount from the redeem units.4. OkayApart from this, based on your other suggestions I will modify my current portfolio and will ask you for further review.Thanks!

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