MF SIP

Dear Anu, Suggest you to have long-term view if you are making investments in equity oriented funds. In case, your time-frame is around 3 to 5 years, you may pick one fund out of ICICI Valuediscovery / L&T Value / Birla Equity, as all these three are Diversified oriented ones. You may pick SBI bluechip fund (large cap) and add one balanced fund like HDFC balanced fund to your portfolio. You may ignore Infra oriented fund Franklin build inida, as it can be a risky investment for short to medium term horizon, Kindly read : https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/ https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/ https://www.relakhs.com/best-mutual-fund-schemes-2017/  

Dear Sreekanth, Thank you for your advice.I have modified my portfolio like this:- 1.ICICI Pru Value Discovery Fund Direct (G) Rs.2000 (5years),This is for my son 2.L&T India Value Fund ,, Rs.2000(3years),This seems costlier than the others! 3.SBI Bluechip Direct (G) Rs.6000(10years) 4.H.D.F.C. Balanced fund Rs.2000(5years) I would like to add Tata equity P/E fund for a period of 5 years if viable.Please advise. But when I visited Morningstar site for comparison most of the funds have stated their minimum investment as Rs.5000.Please clarify. When I tried to apply for eCAN mfuindia says I should have active folio with an AMC. Returns for three years seems greater than that for five years! Please tell me how I can make lumpsum investments along with SIP. Is it possible to have different duration for different funds in MF Utilities? I have a joint A/c with my husband in SBI and they said they have added my PAN details and AADHAR details and made the a/c KYC compliant.But when I check through CamKRA it says my KYC details are not available. Should I get this done through CamKRA again? When can I open a SIP I wonder! Your blogs are highly enlightening and I have gone through a lot of them.I especially appreciate your brevity and clarity.I hope to learn more from you.Sorry to have plagued you with more questions but I hope you will answer them. Warm Regards, Anu

Dear Anu, 1 - You may consider HDFC balanced fund for a time-frame of 3 to 5 years. The rest of the funds can be for your long term goals 5+ years. 2 - Based on the current portfolio alloction, TATA PE fund is a mid-cap oriented one, in case you would like to pick one mid-cap for 10 year horizon, you may consider HDFC mid-cap opp / Mirae Emerging bluechip / Franklin Prima fund etc. 3 - The stock markets performance during last 2 to 3 years has been fantastic hence you may find the recent performance is better than say 5 year period one (relatively). However, kindly note that past performance may or may not be repeated. The best thing we can do is invest in right stocks/ MF schemes as per risk and time-frame profile and hope for the best. Keep a track of the Portfolio. 4 - You can make fresh investments through MF Utility . You may opt for Direct plans. Kindly read : https://www.relakhs.com/direct-mutual-fund-plans-buy-online/ https://www.relakhs.com/mfutility-invest-direct-plans-mutual-fund-schemes-online/ https://www.relakhs.com/mutual-fund-direct-plans-vs-regular-plans/ 5 - You may set up SIPs in few funds and in the same funds you can make additional or lump sum investments as and when you have investible surplus. 6 - Have you done cKYC with your bank recently? Kindly read : https://www.relakhs.com/ckyc-central-kyc-mutual-funds-shares/  

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Dear Sreekanth, Thank you once again. I think my bank has not done cKYC.I will first get it done and then will have more questions for you,I'm sure!Investment is my latest passion,not my usual scenario.So my friends are people not much connected with money matters.But if any of them shows interest yours would be the first blog I would recommend. Warm Regards, Anu

Thank you!