All these years, SEBI/AMFI has been allowing multiple funds under same fund categories from same AMCs, in order to bring the desired uniformity across mutual funds and to standardize the various MF scheme categories, the SEBI through Mutual Fund Advisory Committee has issued new guidelines on ‘new Categorization of Mutual Fund Schemes.’
To meet these new guidelines all the mutual fund houses have already implemented the required changes. Some Schemes have been merged, some have been just re-named and for some their investment strategy/portfolio allocation have been changed.
If you are an existing mutual fund investor, you would have already received notices through email(s) from respective Fund AMCs. These notices give you the information about the proposed fundamental changes being implemented by the fund houses to meet SEBI’s new reclassification norms.
In case, you are holding multiple mutual fund schemes from different fund houses then you have to go through a set of emails to understand the mutual fund schemes changes.
For a new MF investor, the task can be a little challenging as he/she has to visit different fund house websites and comprehend the proposed changes.
Whether you are an existing mutual fund investor or a new investor, is n’t it good to have an online facility to get a consolidated view of ‘Mutual Fund Scheme change list’ at one place.
Let’s now discuss the 3 different ways to get the Mutual Fund Scheme change list.
I hope you find this information useful in reviewing/planning your mutual fund investments. Cheers!
Continue reading :
This post is for information and knowledge sharing purposes only. Kindly note that ReLakhs is not associated with any of the financial service providers mentioned in the above article.
(Post first published on : 15-June-2018)
This post was last modified on July 12, 2023 10:06 am
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thanks for Sharing now we can compare all mutual fund in a simple way you can find all Mutual Funds Name here with the category @ Re-branding of Mutual funds..
My invested mutual fund is not performing well from more than 2 years. I want to stop the sip.
So after stopping the sip, should I keep the invested money in the fund as I do not need it? So when the NAV is higher after 2-3 years then I can go for better profits? What is advisable?
regards
neha
Dear neha,
May I know your investment objective(s) and if possible, kindly share the scheme names..
dsp top 100 scheme sir. I bought this from an advisor in 2012. I invest 5K. Now when I see this fund is not that great. I already have sbi blue chip as another large cap fund. I want to invest for 15 to 16 years.
So, should I keep the invested money in the fund as I do not need it? Can I withdraw it after 15 years when I will need it?
Also Now I want to invest in mid and small cap for another 10 years each. I can do Sip of 5K each. Any fund advice sir?
Dear neha,
If you have SBI bluechip in your portfolio, you may divert the investments in DSP 100 to a mid-cap fund like Franklin Primaplus or HDFC Mid-cap Opp fund.
Related articles :
* Mutual Fund Portfolio Overlap Comparison Tools
* Best Mutual Funds 2018-19 | Top Equity Funds post SEBI’s Reclassification
Hello sir
my husband and i do sip of 5,000 in sbi bluechip, 5,000 in reliance small cap, 5,000 in ABSL front line equity fund and 5,000 in parag parikh long term equity mutual fund.
so total of 20,000 from 2016. We want to invest for 12 years for our children. We want 50 lakh in 15 years. is this achievable?
is this portfolio of small cap, multi cap and two large cap good? What will be your recommendation? advance thank you for the advice.
Dear deepa,
The funds Birla Frontline and SBI Bluechip have an overlap of >50%. So, you may retain one out of these two.
You may continue with your other two funds (small cap & multi-cap).
Kindly read : Calculate how much you need to invest for your Kid’s Education
Hi,
I invest in these three funds. 1. Aditya birla sunlife front line equity 2. Parag parikh long term equity 3. SBI bluechip
My amount for each fund is 10,000 per month. My goal is to generate 3 Cr. for retirement at 60. That is after 30 years. I am a moderate risk taker.
I know that I have two large cap and one multi cap. The question is can I add “kotak standard multicap” as another multi cap. Is this advisable?
I have regular investments in Post office schemes to cover my debt part of the investments, please help. Thank you very much.
Dear Sohan,
Kindly note that the funds overlap between Birla frontline and SBI bluechip is more than 50%.
PPLTE & Kotak multicap are decent ones. But, even they have current allocation of >50% in large cap stocks.
Related article :
* Mutual Fund Portfolio Overlap Comparison Tools
* Retirement Planning in 3 Easy steps
Hi, thanks for the reply. Can you please suggest what should I do?
I also saw "Mirae Asset India Equity Fund" for multi cap fund.
Should I drop kotak standard multicap" that are multi cap fund?
Do you think I can have two large cap and two multi cap?
I am confused, please advice.
Dear Sohan,
There 10s of good multi-cap fund, we can not invest in all of them and it is not advisable also.
You may consider one large cap and multi-cap.
Related article : Best Mutual Funds 2018-19 | Top Equity Funds post SEBI’s Reclassification
Good afternoon,
I invest through SIP in three different fund. Each SIP is of 30,000. I have two large cap and one mid cap fund.
Now I have 3.6 lakh as a surplus. The questions is:
Can I do additional purchase of around 10,000 each month in each fund that is 30,000 per month for next 12 months rather than doing a lump sum purchase?
Please advice your opinion. Thank you.
Dear Christina,
Having two large-cap funds may not be advisable if their portfolios overlap to a great extent.
Read : Mutual Fund Portfolio Overlap Comparison Tools
Meanwhile, are you going to invest in this Rs 3.6 lakh in any investment avenue??
We generally see that in equity mf, the funds gives a much better returns. I myself experienced 20% returns in 5 years.
But when in the long term like 10 to 12 years, the return comes down. I am taking this goal more from retirement or child marriage points where most of us have 10 to 20 years time.
I have seen the same fund which gave 20% in 5 yrs, gave 11% after 12 years.
Is it a good strategy to exit in 5 years by booking 20% returns? And invest this money into a new fund or to wait till 10-20 years when your goal is nearer by.
I know that with long term power of compounding will help.
But, I am trying to understand that can we get higher return for a 10 years goal by dividing it into two timelines of 5-5 years?
I want to know an expert view from someone like you. Thank you sir.
Dear Shreehari,
We can not generalize the above observation.
Suggest you to kindly take different 5 year time-periods and do the analysis.
Timing the market is next to impossible and hence the investments should be done at regular intervals. Asset allocation and portfolio re-balancing are equally important besides staying in the markets for long periods.
Mutual fund i think one of some risk investment you have to careful before investing lets to some researches on it
Sir,
Read your blog almost daily. So finally asking a question. I need your help for some financial planning. Can you please check the below information and help. Thank you.
My age - 34
Income - 1,00,000/month
Married and spouse income is 1,00,000/month. We do not have kids.
Investments are -
RD - 10,000 per month
FD - 200,000 rupees
MF -
1. SBI Bluechip - 10,000 per month
2. Aditya birla frontline equity - 10,000 per month
Insurance - 1 Crore term plan.
Liabilities - 50 lakh house loan
Goals/Questions:
1. Want to settle the house loan in next 5 years.
Please let me know if we are on the right track.
Dear samarjeet,
Thank you for following my blog!
Any specific investment objective/goal for saving in FDs/RDs?
The other possible goal can be your Retirement Goal.
The listed two funds are good ones, but both are large-cap oriented ones, so their portfolios overlap can be on the higher side.
Without having the details of your home loan, it is tough to suggest anything.
Do you have adequate health insurance cover?
Suggest you to go through below articles :
* Retirement Planning in 3 Easy steps
* Mutual Fund Portfolio Overlap Comparison Tools
* List of Articles on the key Components of Personal Financial Planning
Sir, Thank you for the reply.
The FD is for emergency fund. RD is made for helping us to close the home loan. Health insurance is for 1 crore for me and my spouse. The Mutual funds are kept for retirements. Thank you for sharing the blogs, I will read them.
I have home loan at 9% for 20 years. Our 5 years are over now and so for next 15 years 50 lakh is outstanding.
I am reading your blogs and trying to decode financial planning. Now the goal is to close the loan in next 5 years. Wanted to know if this is the right way that will help us to close the loan. Thank you again.
Dear samarjeet,
As long as you are able to save/invest adequately for your other financial goals as well, mostly, you should be able to close your home loan.