We have 11,681 Mutual Fund Schemes that are currently available in the market (Equity & Debt Schemes). That’s a huge number, right? It is a challenging task for any investor to identify and invest in best mutual funds.
A ‘good mutual fund scheme’ is the one that consistently manages to outperform its category returns and also it’s Benchmark’s.
Equity mutual funds are one of the best wealth creation tools for your long-term financial goals like; retirement planning, kid’s education goal, kid’s marriage expenses etc., For medium term financial goals, you can rely on balanced or hybrid mutual funds. In fact, you can create the entire investment plan with mutual funds alone.
I had published on article on ‘Best Equity mutual Fund schemes 2015’ almost 12 months back. Below is the top 15 mutual funds (category wise) list as per my old article.
- Large-cap fund category
- UTI Equity Fund
- ICICI Pru Focused Blue-chip Equity Fund
- UTI Opportunities Fund
- Diversified or Multi-cap category
- Franklin India Prima plus
- ICICI Prudential Dynamic Fund
- HDFC Capital Builder
- Small & Mid-cap fund category
- UTI Midcap
- HDFC Midcap
- Franklin India Smaller Companies Fund
- Hybrid – Equity oriented category
- HDFC Balanced
- ICICI Prudential Balanced Fund
- TATA Balanced Plan A
- ELSS / Tax saving category
- Franklin India Tax shield
- ICICI Pru Tax plan – Regular Plan
- Axis Long Term Equity Fund
Let me now present you the latest & updated list of the best mutual funds for SIPs (or) lump sum investments in 2016 and beyond.
Methodology to select Top Performing Equity MF Schemes to invest in 2016:
I have tried my best to analyze and identify top three best equity mutual fund schemes across five different Fund categories – Large Cap, Multi-cap, Small & Mid cap, Balanced and ELSS tax saving categories.
Below parameters have been considered for short-listing the 15 top performing Equity mutual funds that can be considered in 2016 and beyond.
- I have considered the past returns generated by these funds for the last 1 year, 5 year, 10 year period and since inception.
- Funds with a good track record for the last 5 to 10 years have been preferred. I have considered only those funds which are at least 6 years old.
- Equity Funds which have low risk grade have been given comparatively higher rank. Due importance have been given to Standard Deviation, Alpha, Beta, Sharpe Ratio and overall Risk grades of the funds. (Read : ‘How to compare & select the right and best Mutual Fund Scheme based on the Risk Ratios?‘)
- I have considered Expense ratio as one of the criteria.
- This year besides moneycontrol, valueresearchonline and Morningstar portals, I have also used few ‘mutual funds calculators’ available at freefincal.com portal.
- Morningstar portal’s ‘mutual fund screener’ has been used to filter funds based on fund performance & risk (risk adjusted), standard deviation, fund portfolio & expense ratio.
- The fund returns Vs fund category returns have been given due importance.
- Like last time, in this review too 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.
Top 15 Best Mutual Funds in India for 2016
Below are some of the top performing best mutual funds that you can consider for investing in 2016 and beyond.
(Click on the above image to open it in a new browser window)
Let us now look at some more details of each of the fund categories.
Top performing Large Cap Equity Mutual Funds for SIPs in 2016:
- When compared to last year’s best large cap funds list, UTI Opportunities Fund has been replaced by Birla Sunlife Frontline Equity fund. Though this fund was not in the 2015 list, I have mentioned it as one of the best Equity large-cap funds to watch out for.
- There are roughly around 135 Large cap oriented Equity mutual fund schemes that are currently available in the market. The average returns from large-cap fund category over a 5 year & 10 year period are around 6.89% & 11.56% respectively. Birla’s fund has not only outperformed it’s category returns and also its benchmark returns with a wide margin. All three funds have ‘Below Average’ risk grade. Birla & ICICI funds have ‘HIGH‘ return grade. UTI Equity fund has out-performed the other two large cap funds during last 5 year period.
- Some more large cap funds to watch out for are; Franklin India Bluechip fund, ICICI Top 100 fund & Religare Invesco Growth Fund. HDFC Top 200 has given decent returns for the last 10 years, but off-late the returns have been not up to the mark. The fund has ‘HIGH’ risk grade.
Best Diversified Equity Mutual Fund Schemes :
- Franklin India Prima Plus fund is still one of the most consistent diversified or multi-cap funds. This fund is one of the oldest equity funds. The fund has lagged behind its benchmark only in three of the last 19 years.
- When compared to last year’s best Diversified Equity funds list, ICICI Prudential Dynamic Fund & HDFC Capital Builder Fund have now been replaced by ICICI Prudential Value Discovery Fund & Mirae Asset India Opportunities fund.
- ICICI Prudential Value Discovery Fund has given excellent returns. You can view this fund as a ‘contrarian fund’. The fund generally buys and holds stocks that are trading at a discount to their intrinsic value.
- Mirae Asset India Opportunities fund invests around 75% of its portfolio in large-cap stocks and the remaining in mid or small cap stocks. This can be one of the main reasons for its good performance in the recent years.
- All three funds have ‘Below Average’ risk grade and have ‘High’ return grade.
- Franklin India High Growth Companies fund is another fund to watch for in Flexi-cap fund category.
Best Small & Mid-cap Mutual Funds for SIP in 2016 :
- There is no change in the best small & mid-cap equity funds list.
- There are around 123 Small & Mid cap mutual fund schemes. The average returns have been around 15.35% from this category over the last 5 year period.
- Small & Mid cap funds are the ones which can give you high double digit returns if you remain invested for longer period.
- Keep a close eye on BNP Paribas Mid-cap & Mirae Asset Emerging Blue-chip funds too. Both these funds have LOW risk & HIGH return grades.
Top 3 Best Balanced Mutual Funds for SIP :
- Kindly note that there is no change in the best balanced funds list too.
- There are around 53 Hybrid or balanced equity oriented funds. The average category returns for the last 10 years have been around 11.85%.
- Child plans of Mutual Funds like HDFC Children’s Gift fund have also been giving good returns. But there are certain terms & conditions associated with investments in these kind of funds. Kindly read my article : ‘Children’s Gift Funds – Review’.
(Read: ‘Top & Best Equity Oriented Balanced Mutual Fund Schemes – 2016‘)
Top 3 Best ELSS Mutual Funds Schemes :
- For more details on best ELSS Funds, you may kindly read my latest article on ‘Best ELSS funds to invest in 2016‘.
My Portfolio
I have investments in the below mutual funds. These are my MF picks. As of now, I have decided to continue with them in 2016 too.
Some Important Points to ponder about Mutual Fund Investments :
- I have tried to list some of the best performing equity mutual funds here. To get good returns, it is not compulsory that that you have to invest in atleast one fund from each category. Kindly do not over clutter your portfolio. Select 2 to 3 good funds based on your financial goal(s).
- Kindly do not invest in too many funds especially within the same fund category. Over-diversification is not beneficial and may lead to high portfolio overlap.
- If you are new to mutual fund investments or do not have time to invest manually, the best way to invest in equity mutual funds is through SIPs (Systematic Investment Plans).
- Goal based portfolio – You can invest in same set of funds for different long-term financial goals but with different SIP amounts (based on your existing resources, goal amount, goal priority & time-frame).
- Portfolio Return – If one of the schemes in your MF portfolio is not performing well, do not immediately churn your portfolio. Also, do not churn your portfolio very often based on fund star ratings. The negative consequences of regularly churning the portfolio are undeniable. Do track that scheme’s performance for sometime (say 1 or 2 years) before deciding to drop it from your portfolio. Sometimes, it is prudent to analyze the overall portfolio performance than to get too worried about individual fund’s performance.
- You may allocate and invest more monies in Small & Mid-cap oriented funds for long-term goals.
- Suggest you not to remain invested in equity oriented funds till the goal target year. You may consider redeeming MF units by starting SWP (Systematic Withdrawal Plan) may be 2 to 3 years before the goal year. You can re-invest this amount in safe investment avenues.
- Invest in Equity funds based on your future goals & financial resources and not based on your current age. For example – If you are a retiree (say 65 years) and have regular income which is more than your monthly living expenses, you can surely invest a portion of your surplus income in hybrid or equity oriented mutual funds.
- 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. You can prefer investing in Direct Plans of MF Schemes to Regular plans. Direct plans can give you slightly better returns than regular ones.
- Some of your goals especially short-term ones can be achieved by investing in best Debt Mutual Funds.
- Last but not the least, remember “Mutual Fund investments are subject to market risks. Past performance may or may not be sustained in future.”
In case if your fund(s) are not in the above list, it does not mean that you need to replace them immediately. As mentioned earlier, it is a tough task to not only identify best mutual funds but also to be with the best consistently. As long as your overall portfolio returns are in line with your expectations (should be realistic) , remain invested with your existing mutual fund schemes.
If you are a DIY investor (Do-It-Yourself), trust your MF picking skills & your conviction. In case, if you take mutual fund agent or advisor’s help , kindly take informed decisions.
Kindly share your views and comments on the above best mutual funds list.
(Image courtesy of Stuart Miles at FreeDigitalPhotos.net) (References : moneycontrol, valueresearchonline, freefincal & morningstar)
Hello Sreekanth,
Writing after long time. I’m sure there are many like me who want better understanding of below case.
– Salary let’s say 12 LPA.
– HRA, PF, Medical, Telephone, Uniform already provided as per regulatory.
– Investment done up to 1.5L
– After that as well, as per my calculation, one has to pay roughly 70k-80k as annual TDS.
How to save this 70-80K by any mean? Or there is no way at all? 🙂
Thanks,
Dhaval
Dear Dhaval,
You may kindly go through this article : List of important tax exemptions for FY 2017-18 / AY 2018-19.
Hi Sreekanth! I wish to invest Rs 1 lakh in lumpsum for 5 yrs may be 50k-50k each if u suggest two good funds.A balance mf will be a good option??Or should I invest in short term gilt funds.Time horizon may be increased to 7-8 yrs.
Dear Shekhar ..You may consider an equity oriented balanced fund & one Large cap fund. Ex: HDFC Balanced Fund & ICICI Focused bluechip
Read : Best Mutual funds 2017
HI there,
I would like to seek your advice for effective management of different Mutual SIP, we are a couple with 2 children and like to plan for education for in 6 years duration and my retirement on long term basis.
My present allocations are below, please suggest if it needs any changes
Birla Sun Life Frontline Equity Fund – Direct Plan (G) 4000/-
Franklin India Bluechip fund growth 4000/-
ICICI Prudential Value Discovery Fund (G) 5000/-
IDBI NIFTY index fund 5000/-
Motilal Oswal MOSt Focused Midcap 30 Fund – Direct Plan 6000/-
ICICI Prudential Balanced Fund (G) 2000/-
Your advice is much appreciated
Thanks
Suri
Dear Suri Ji,
The listed funds are good ones.
For medium term goal (6 year), you may consider corpus allocated in Balanced fund, can contribute more to it (if required).
Kindly read :
Retirement goal planning calculator
Kid’s education goal planning.
List of important articles on Personal Financial Planning
Hello Srikanth,
I am looking for a long term equity fund say 15 years, planning to invest rs 1 lakh currently. Can you please suggest me some good funds ?
Note: I would like to go with complete equity based instead of debit based since I strongly believe the return of equity market in long term.
Dear Giri .. Kindly read :
Best Equity funds 2017
How to select right mutual fund scheme?
Hi Sreekanth,
Want your suggestion,
At present, I am having 3 SIPs (SBI Bluechip Fund, DSPBR Micro Cap and Franklin High Growth Com Fund).
I have to add three more funds (balance, diversified, sector fund) in my present portfolio considering my long time investments so which balance fund, diversified fund and sectorial fund I should pick for my portfolio.
Kindly suggest me the three funds for SIP to make my portfolio complete.
Dear Vishal,
Franklin HGF can be considered as a multi cap oriented fund, but with slightly higher allocation to large cap stocks.
You may pick a balanced fund like HDFC balanced or SBI balanced fund.
Sector funds – If you understand the risks Vs return trade off, can allocate small allocation to Infra fund, may perform well over the next few years.
Hi Sreekanth,
I am investing 5000 monthly through SIP in Axis long term ELSS Direct Plan. I am further planning to invest in below fund
1. Birla Sun life Tax plan(Direct)-2000 Monthly
2. Franklin India Taxshield Fund(Direct)-1000 Monthly
Can you please suggest if I am going in right direction.
Dear Om Prakash,
May I know investment time-frame?
Suggested articles:
How to pick right mutual fund scheme?
MF Portfolio overlap analysis tools.
Hi Sreekant! i am new to mutual fund. want to plan a baby within 1 yr.i want to invest 5000 in sip route for my child education. want ur suggestion in which fund i will start . my age is 31.kindly guide
Dear SWADHIN,
You may kindly start with one balanced fund and one Large cap fund.
Ex : HDFC Balanced fund & Birla Frontline equity fund.
Kindly read:
Kid’s education goal planning.
List of important articles on Personal Financial planning.
Hi sreekanth, Thanks for this very good article
For last 10 months i m investing in the below funds by SIP
1) Franklin india smaller cos. fund DG Rs4000
2) Franklin india high growth DG Rs2500
3)ICICI pru value discovery DG Rs3500
4) TATA balanced fund DG Rs2750
5) DSP micro cap DG Rs3000
the returns are very low and TATA fund is in negative. Can i discontinue or invest more when NAV is low? As per your Suggestion for 2017, TATA balanced is not in list…If advice for redeem,Pls suggest good funds . my goal is 7 to 8 years.
Can i invest one new large cap fund or Balanced fund?
Dear subbiah,
All the listed funds are good ones, you may continue with them.
Hi Sreekanth, Thanks for this very good article. Based on this, I have shortlisted the below 2 mutual funds for SIP. My goal is wealth creation over the period of 5-7 years.
i) Mid & Small : Franklin India Smaller Companies Fund
ii) Diversified : ICICI Prudential Value Discovery Fund
Please confirm if I can go ahead & buy.
Dear RAJAT,
You may go ahead. Kindly consider allocating higher % of investment to Diversified fund.
Sir
I have been following your page on mutual fund and SIP which is written in simple and lucid language which is self explanatory.
My age is 45 years and I am into pharma sales. I have just started investment into mutual fund and SIP from last year.
I need guidance from you regarding my portfolio.
My portfolio is as given below
Franklin India Ultra Short Bond Super Ins(G)-50000(Liquid Liquid Plus)–STP
Franklin India High Growth Companies Fund-1000(G)
Franklin India Smaller Companies Fund-1000(G)
Axis Mid Cap Fund-1000(G)
ICICI Pru Value Discovery Fund-1000(G)
I have started the investment from last year September 2015.
Please guide me if the portfolio is okay or not. My estimated period is for 8-10 approximately.
Dear Arindam,
I have answered your query in the Forum section, click here to reply..
I have quite a few MF which I think require some rejig;
All non SIP investment has a Value of appx 8 Lacs in which SBI- ELSS alone has MV of 5 lacs and lock in period is over. Please suggest which to move and I have no intention to sell the MFs.
RELIANCE REGULAR SAVING FUND (REGULAR) Expired SIP
HDFC LONG TERM ADVANTAGE FUND (Reg) Expired SIP
RELIANCE GROWTH FUND (REGULAR) Expired SIP
SBI MAGNUM GLOBAL FUND (REGULAR) Expired SIP
SBI MAGNUM TAX GAIN FUND (REGULAR) Expired SIP
SBI MAGNUM TAX GAIN FUND (DIRECT) Expired SIP
TATA EQUITY OPPORTUNITIES FUND (DIRECT) Expired SIP
DSP BLACK ROCK TAX SAVER FUND Reg Expired SIP
Please
—————————————
Below are the current running SIP and I am investing Avg Rs. 3000 per month.
FRANKLIN INDIA SMALLER COMPANIES FUND (DIRECT)
FRANKLIN INDIA HIGH GROWTH COMPANIES FUND (DIRECT)
HDFC TOP 200 FUND (REGULAR)
ICICI PRUDENTIAL VALUE DISCOVERY FUND (DIRECT)
RELIANCE SMALL CAP FUND (DIRECT)
DSP BLACK ROCK MICRO CAP FUND (REGULAR) Recently started
I think some SIP needs to be relooked, please suggest your views. my objective is wealth building with long term horizon.
Thanks in advance
Dear Rishi,
The existing SIPs looks fine.
You may kindly check the portfolio overlap among the funds especially the ones which are from the same fund category. For ex: Reliance small cap and DSP micro cap. In case, the overlap is high say >50%, you may drop one of the fund.
Read:
MF portfolio overlap analysis tools.
How to select the right mutual fund scheme?
Hi Sreekanth, I have to redeem some of my mutual fund holdings but only those units which has completed 1 year to avoid short-term gain. My question is how to redeem those selected units from my ongoing sip? or how to avoid short term capital gains at the time of partial redemption from an sip.
Thanks and Regards
Dear Anil,
For tax purposes, units of mutual funds schemes should be considered as separately date-stamped. That is, every unit will carry a date of allocation that would be the exact date of net asset value (NAV) allocation for that unit. For example, if you have made 60 installments of investments, there would be 60 different blocks of units in your folio (sometimes called tax-lots). When you sell, if you sell the entire holding, you simply would have to determine how many long-term units and how many short-term units you have sold (based on the period of holding for each tax lot) and pay taxes accordingly.
If you sell partially, then you need to determine which units have been sold using the first-in-first-out (FIFO) method. For example, if you redeem 50% of your investment, you should think of it as redeeming the earliest X number of units that would total up to the amount of your redemption and do the analysis of how many long-term and short-term units there are in that set. It is not easy to do this by hand when you have 60 installments to consider, so you might want to take the help of a tax preparation software or a tax attorney or can ask your broker to provide capital gain statement.
(above info source : livemint.com)
Dear Anil,
Kindly check this Capital Gains calculator , click here..
Sreekanth, Thank you very much for the detailed explanation and giving those supporting urls.
Hi Sreekanth,
In your previous comments you said that investing in 3-4 funds is enough (like one large cap, one diversified equity fund, one balanced fund and one mid or small cap). I am aged 36 and have a daughter 10 years old. I am already investing in few good equity funds for my 3 main goals in future: daughter’s education, marriage and retirement.
My question is whether we should maintain separate portfolio for all these goals with 3 funds in each of these goals? SO this would be about 9 total funds. Please guide me as i am bit confused. I already have 7 funds in my portfolio but i have not yet separated them for my goals.
Dear Sachin,
I prefer to invest in lesser number of funds. You may invest in same funds with different SIP amounts as per your goal amount.
Kindly read: My MF Portfolio.
Dear sir,
i m new for mutual fund investment, could u suggest me 2-3 best options for lump sum investment plans currently & how much exit load these plans have
Dear LALIT ..May I know your investment objective & time-frame??
Dear sir ..i have about 2 lakhs in my savings account which r as it is since 2 yrs. i want to invest them for at least of next 15 years to get good returns out of it
Dear Lalit,
You may consider one diversified equity fund & one mid-cap fund.
Read : Best Equity funds to invest in 2017.
THANKS A LOT.BUT ONE DOUBT IN YOUR 2016 PROTFOLIO THEIR I S NO SBI BLUE CHIP.
HAI SRIKANTH,MY NAME IS PRASANTH.FOR LAST 4 YEARS IAM INVESTING IN THREE MUTUAL FUNDS -HDFC TOP 200,SUNDARAM SELECT MIDCAP,DSP BLACKROCK EQUITY FUND .BUT THE RESULTS ARE NOT AT ALL GOOD.SO NOW I DECIDED TO CHANGE THE PROTFOLIO . AFTER READING TO YOUR ARTICLE I DECIDED TO INVEST IN 4 MUTUAL FUNDS .IAM ADDING SOME OF THEM PLEASE GUIDE ME TO TOOK THE BEST 4 WHICH YOU THINK IS BETTER.PLEASE HELP
BIRLA SUNLIFE FL EQUITY FUND OR SBI BLUE CHIP FUND
FRANKLIN INDIA PRIMA PLUS OR MIRAE ASSET INDIA OPPERTUNITIES FUND
FRANKLIN INDIA SMALLER COMOPANIES OR HDFC MID CAP FUND
HDFC BALANCED FUND OR ICICI PRUDENTIAL BALANCED FUND
WAITING FOR YOUR REPLAY SOON.THANK YOU
Dear PRASANTH,
My picks would be;
SBI Bluechip, Franklin Prima Plus, Franklin Smaller Cos & HDFC Balanced fund.
(Assuming you are investing for long-term).
Kindly read:
How to select the right mutual fund scheme?
MF portfolio overlap analysis tools.
Hi Sreekanth, How are you, I am bit confused can you please help, I wanted to invest in Franklin India Smaller Companies Fund (G) through direct option – but later I realised after few days that it was some other fund it reflects as Franklin India Smaller Companies Fund – Direct – Growth . I am bit confused now are they both same as the nav is different for these 🙁 I did a lump sum few days back. should I revert or continue with the same ..
Also in money control it shows as “This scheme is not ranked by CRISIL (for quarter ended Jun 2016) since it does not fulfill certain eligibility criteria of CRISIL”
so bit worried.. please suggest
Dear Dinesh,
Looks like you have invested in right option only.
Kindly read these articles :
Mutual Fund Direct Plans Vs Regular Plans: Returns Comparison & Analysis
Direct Mutual Fund Plans : Details & Benefits
Hi Sreekanth,
Thanks but , I don’t think they are same as the NAV’s are different see below from MoneyControl. also is there any reason why they are not listed in Ranking last two.. i think better to redeem and invest it again in the correct one please advise..
Franklin India Smaller Companies Fund (D) NAV – 25.651
Franklin India Smaller Companies Fund (G) NAV – 43.829
Franklin India Smaller Companies Fund – Direct Plan (D) NAV – 26.873
Franklin India Smaller Companies Fund – Direct Plan (G) NAV – 45.667
Dear Dinesh,
Did you go through the suggested articles?
The first two funds are Regular Schemes (with growth & dividend options)
&
The 3rd and 4th funds are Direct plans of the same scheme.
Many Thanks Sreekanth , That clears , I Assumed (D) in the fund name to be Direct but it is Divident
Dear Shreekant,Today an article appeared in Economic times “Invest in dynamic bond funds to benefit from falling rates.Long term debt funds are considered risky as they are highly sensitive to changes in the interest rate environment.Kindly analyse and comment.Suggest some dynamic bond fund.
Dear Dr Bansal Ji,
I have provided few points on this in this article;
Best Debt Funds..
Dear sir,
i am new to mutual funds and i want to invest 20000/month through demat SIP. I Have shortlisted some funds . my goals are buying car,home and wealth creation and my age is 30.please suggest
1.BIRLA SUNLIFE FRONTLIINE EQUITY FUND or SBI BLUE CHIP(5000) for 10 years
2.TATA Balanced fund(5000 for 5 years)
3.franklin india smaller companies fund(5000) for 20 years
4.axis long term equity fund(5000) for 20 years
Dear Ganesh..Portfolio looks fine.
Dear sir, which one is advantage purchasing regular mutual fund through demat account or direct through AMC
Dear Ganesh..Kindly go through this article : Mutual Fund Direct Plans Vs Regular Plans: Returns Comparison & Analysis
I have 15 lacks with me. I would like to invest for long term for my retirement and my son.please suggest good funds
Dear Subbarao,
Kindly go through the list provided in the article and following blog comments.
Kindly read:
Kid’s education goal planning!
Retirement planing & calculator.
Hi Sreekanth,
I have about 1CR to invest for a year. I can take upto a 10% risk. Meaning to say that if I lose 10%, I can replenish to meet my commitment of 1CR. What would be your suggestion to get maximum returns?
Thank you.
Karthick
Dear Karthick,
Is it that you would like to accumulate Rs 1 cr or you would like to invest Rs 1 cr in a year?
Read: List of best investment options!
Dear Sreekanth,
I have 1 cr to invest right now. However, I would have to take out about 70L in a year or two. The remaining can continue to grow towards long term. What would you suggest should be my MF portfolio?
Thank you.
Karthick
Dear Karthick,
70% of your portfolio can be invested in Short term debt fund and/or Arbitrage fund. You can consider Arbitrage fund for say 13 months to get tax-free gains.
Read:
Best Debt funds. (Kindly understand the risks associated with Debt funds)
Best Arbitrage funds.
The remaining corpus amount can be invested in equity oriented funds based on your time-frame. Ex – Balanced fund like HDFC balanced fund, Diversified equity fund like Franklin Prima plus, Mid-cap fund like UTI mid-cap etc.,
Read:
Best Balanced funds.
Best Equity funds.
Thank you Sreekanth.
Dear Srikanth,your update on Top 15 best mutual funds for 2017 is very much due.This will help your blog readers to decide investment from jan,2017 ownwards.
Coming soon dear Dr Bansal Ji 🙂
Hi Sree,
Last August, I had invested lumpsum amounts of Rs 5 lacs each in Reliance Equity Opportunities Fund and in Reliance Growth Fund. Additionally, i had invested Rs 2.5 lacs in Reliance Pharma Fund.
During my yearly portfolio review, I have observed that these funds have not given me the expected returns over the past year. Kindly provide me with your expert advise if I should continue to be invested in these funds or if I should redeem these units and invest in another fund, which might give me better returns.
Do suggest me alternative funds as well. I intend to be invested with this lumpsum amounts for at least 10 years.
Rgds
Dear Rajesh,
May I know the reason for choosing Reliance funds only? What is your investment time-frame?
If you are comfortable doing lump sum investments, kindly opt for STP route.
Reliance Equity opp fund is a multi-cap fund & Reliance Growth is a mid-cap oriented fund. I believe that there are better funds in the respective categories.
You may switch your investments to Franklin Prima plus and HDFC Mid-cap.
Read:
MF portfolio overlap analysis tools.
How to pick right mutual fund scheme?
Dear Sree,
There is no specific reason for me to choose Reliance, apart from the fact that it was recommended by my Financial Advisor then, based on CAGR values.
Kindly advise if it is the recommended approach / best practise to opt for STP route when investing lumpsum amounts into Mutual Funds.
Rgds
Dear Rajesh..The main benefit can be ‘rupee cost average’ and brings in disciple to the way you invest in MFs. Suggest you to consider investing in different fund categories across different fund houses.
Hi Sree, i came across category average returns for equity mutual fund (MF) in economic times website. example for Small Cap category it shows 38% across 3 year time period.
1) Do you have any idea whether these returns are ANNUALIZED returns for Small Caps category or AVERAGE of all the funds in this category AT THE END of 3 years?
2) Could category average be considered as a BENCHMARK?
Thanks in advance
Dear Pranal,
1- Yes annualized.
2 – Avg returns generated by the respective Fund Categories and also the respective Benchmark indices can be considered when doing analysis.
Hi Sreekanth,
Thanks for doing good work in relakhs website, its empowering us to learn more about personal finance.
I would like to seek your opinion on my funds conclusion for kids educations (long term).
Provided the break down with years and the amount.
Planning to invest all in Direct & via MFU online.
L cap – Birla Sun Life Frontline Equity Fund – Direct Plan – 5k – 10 yrs SIP monthly
Mid and Small Cap Funds – Franklin India Prima Fund – Direct Plan – 5k – 10 yrs SIP monthly
Balance/Hybrid Equity Oriented Balanced Funds – HDFC Balanced Fund – Direct Plan – 5k – 10 yrs SIP monthly
Mid and Small Cap Funds – Franklin India Smaller Companies Direct-G – 5k – 14 yrs SIP monthly
Balance/Hybrid Equity Oriented Balanced Funds – ICICI Prudential Balanced Fund – Direct plan – 5k – 14 yrs SIP monthly
Portfolio analysis :
* Checked with MF overlap tool from free financials and the portfolio is not overlapping more than 35% at max and that too only 2 funds.
* The overall portfolio have 82% Equity and 10% debt and remaining others like CD.
* For Equity Portfolio Aggregates as below.
Giant – 35.27
Large Cap – 14.52
Mid Cap- 38.74
Small Cap- 11.50
Any suggestions ?
Dear Muthu,
Good work and analysis 🙂
You may kindly go ahead with your investment plans.
Thanks Sreekanth.
For the portfolio considerations, do we have to construct portfolio based on individual financial goals or do we have to consider overall our investment portfolio ?
Say financial goals can be kids educations and retirement .
Dear Muthu ..For reference you may go through this article and revert to me; My MF portfolio..
Hi Srikanth ,
I have multiple SIPs via AMC and one SIP a direct one . However along with SIP, Ideally I would like to purchase more units when NAV comes down for a particular MF ( for example some of my invested MF’s NAV came down coz of tata-cyrus mistry issue)
In the same SIP folio, how can I purchase more units based on market timings like this(for that day)..Since I am investing SIP via AMC whether it is possible ..? Or is it allowed in direct option SIP ?
Kindly advise .
Thanks
Thomas
Dear thomas,
In both the options you can buy before cut-off time (can be 1pm or 3pm) to get same day NAV.
Hi Sreekanth,
First i would like to appreciate your good work.
Please have a look at my portfolio and guide me if any change is required.
1. Birla Sunlife Frontline Equity Fund Direct (G) – 1000/m for 15 Years
2. ICICI Prudential Value Discovery Fund Direct (G) – 2000/m for 20 Years
3. Franklin India Smaller Companies Fund Direct (G) – 2000/m for 20 Years
4. HDFC Mid-cap opportunities Fund Direct (G) – 2000/m for 15 Years
5. HDFC Balanced Fund Direct (G) – 2000/m for 15 Years
6. Axis Long Term Equity Fund Direct (G) – 35000/year (Lumpsum) for 20+ Years
7. Birla Sun Life MIP || Wealth 25 Plan Direct (G) – Remaining Surplus Money (lumpsum) 50%
8. Birla Sunlife MIP II Savings 5 Fund Direct (G) – Remaining Surplus Money (lumpsum) 50%
Please review
Thanks
Dear Sujeet,
Looks fine. Keep monitoring the portfolio’s performance.
Kindly read: MF portfolio overlap analysis tools.
Thanks Sreekanth,
1. For my debt portfolio should i go with debt fund?
2. In case of rate hike will it give me negative returns if i have say 2-3 years horizon?
Thanks
Dear Sujeet,
1 – May I Know your investment horizon?
2 – Kindly read:
Types of Debt funds.
Best Debt funds.
Types of Debt funds
Horizon :3-5 years
Hi Sree,
I am new in MF and interested to Invest 10 Lacs for a period of 10 to 15 Years. which is the best fund to Invest to have maximum benfits. Ready to take Moderate risk.
Dear John ,
You may consider one large cap, one diversified equity fund and one balanced fund from the above list.
For a >10 year horizon, I believe you should take more risk. If so, you may consider adding one mid-cap fund to the portfolio.
Hello Sreekanth,
\I want to do SIPs for wealth creation and ready to invest for longer period of time, say 15 years. I would be glad if you suggest some really good funds across all categories ( large/mid/small/diversified/tax saving). Initially I plan to invest Rs 10000 per month in SIPs. Kindy advise.
Dear Chander,
You may consider – Franklin Prima plus, HDFC Mid-cap opportunities, Franklin Smaller cos fund, TATA balanced fund & Birla Sunlife Frontline Equity.
For ELSS funds – Read : Best ELSS funds.
Suggested articles:
How to pick right mutual fund scheme based on risk ratios?
MF portfolio overlap analysis tools.
I submitted form on Feb 2010 of SBI & Birla MF in directly in office.
After separating into regular & direct plan in 2013, I was allotted regular plan even after I submitted directly in office.
1) Why wasn’t I allotted direct plan.
2) who is taking commission every year.
Dear Pankaj,
If you have kept the applicable sections blank (sections related to intermediary code etc), probably the staff would have assigned your application to some distributor’s code.
You may make future investments in Direct plan under the same folio. Kindly contact the respective customer care.
Dear Sree,
Kindly advise the benefits of long term lumpsum amount investment in Mutual Funds, since unlike SIP’s there is no averaging of cost nor any compounding effect to the invested amount.
Any profit generated on lumpsum invested amount is directly dependent on the market condition and the NAV at the time when the Mutual Fund units are redeemed.
Rgds
Dear Rajesh,
Market conditions at the time of buy or sell + investment horizon.
(Market conditions at the time of sell + horizon is applicable for SIPs too).
If I have a horizon of say 10 years, I do not mind investing lump sum amount now. As with any investment, we need to keep a track of the performances (returns & asset allocation)..
Hello Sreekanth,
I am in the process of c0mpleting my EMI’s in a few months and would like to add some sip’s to my core portfolio gradually over the next 6 months.Given below is the status of my current ongoing sips and the addition being the one i intend to start with and also the % exposure to these funds.Rationale is to spread risk over fund houses/funds.
Icici Pru Value Discovery Fund-Direct Growth-Diversified 6000+12000=18000 17%
Franklin India Prima Plus -Direct Growth-Diversified 6000+nil=6000 6%
Franklin India High Growth co’s Fund-Direct Growth-Diversified 6000+nil=6000 6%
Tata Balanced Fund-Direct Plan-Growth-Hybrid 11000+5000=16000 15%
ICICI Pru Focussed Bluechip Equity Fund-Direct Growth -Large Cap 3000+2000=5000 5%
Birla Sunlife Frontline Equity-Direct growth-Large Cap-Nil +10000=10000 9%
HDFC Mid Cap Oppurtunities Fund -Direct Growth-Mid/smallCap 9000+7000=16000 15%
Franklin India Smaller Companies Fund-Direct Growth Mid/smallCap 7000+nil=7000 6%
DSP Blackrock Micro Cap Fund-Direct Growth Small/Micro cap 12000+3000=15000 14%
Franklin India Taxshield Fund Elss-Direct growth-5000+5000=10000 9%
Plan for additional sips to be allocated is as follows:
Retirement Corpus-Existing/plan-horizon -20 yrs
DSPBR Micro Cap:7 k ongoing (plan to for addtnl 3 k in DSPBR micro cap and 2 k in HDFC mid cap )
ICICI pru value discovery: 2 k ongoing (plan for addtnl 5 k)
Tata Balanced fund- Plan for 4 k
Birla Sunlife frontline equity-Plan for 10 k
ICICI pru bluechip- Plan for 2 k
Franklin Taxshield elss-Plan for 5 k
House Renovation-Existing/Plan-horizon 8 yrs
ICICI pru discovery- 2 k ongoing
HDFC midcap – plan for 1 k
Pilgrimage-Existing/plan-horizon- 8 yrs
DSPBR micro cap- 3 k ongoing
Tata Balanced fund- plan for 1 k
ICICI pru discovery- plan for 4 k
HDFC midcap- plan for 2 k
Car -Plan-horizon- 6 yrs
ICICI pru discovery-plan for 3 k
HDFC mid cap-plan for 2 k
Would appreciate your valuable advice on the above plan.
Have a nice evening.
Best Regards,
Roy
Dear Roy,
Investing in too many funds may not be really beneficial.
Read:
How to select the right mutual fund scheme?
MF portfolio overlap analysis tools.For any fresh investments, you may consider investing in exiting funds only.
As always thank you for your prompt response Sreekanth.
The sips that have been planned are in existing funds only with the exception of Birla Sunlife equity ,but yes there is a significant overlap with ICICI pru bluechip .Please advice if below mentioned portfolio wise plan is ok.
Retirement Corpus-horizon -20 yrs
DSPBR Micro Cap:7 k ongoing (plan to for addtnl 3 k in DSPBR micro cap and 2 k in HDFC mid cap )
ICICI pru value discovery: 2 k ongoing (plan for addtnl 8 k)
Tata Balanced fund- Plan for 4 k
ICICI pru bluechip- Plan for 7k
Franklin Taxshield elss-Plan for 7 k
House Renovation-Existing/Plan-horizon 8 yrs
ICICI pru discovery- 2 k ongoing
HDFC midcap – plan for 1 k
Pilgrimage-horizon- 8 yrs
DSPBR micro cap- 3 k ongoing
Tata Balanced fund- plan for 1 k
ICICI pru discovery- plan for 4 k
HDFC midcap- plan for 2 k
Car -horizon- 6 yrs
ICICI pru discovery-plan for 3 k
HDFC mid cap-plan for 2 k
Thanks and Regards,
Melroy
Dear Roy ..You may go ahead with your investment plans 🙂
Thank you for your guidance Sreekanth .
Hello Sir,
I have invested following amount for long time. Kindly restructure my portfolio so that i can avoid mutual funds overlapping and minimize expense ration. You are also requested to give me idea wheather i go for sip or lump sum amount when market low.
To prepay home loan ( Instead of prepayment invested in ELSS )
Rs. 4500 – AXIS LONG TERM EQUITY FUND – GROWTH PLAN
Rs. 2500 – DSP BLACKROCK TAX SAVER FUND – GROWTH
Rs. 3500 – Franklin India TAXSHIELD GROWTH
For Long Term Equity
Rs. 10400 – SBI BLUE CHIP FUND – REGULAR PLAN – GROWTH
Rs. 5000 – Franklin India PRIMA PLUS GROWTH
Rs. 5000 – BIRLA SUN LIFE FRONTLINE EQUITY FUND – GROWTH
For Balance Investment
Rs. 7500 – HDFC BALANCED FUND – REGULAR PLAN – GROWTH
Rs. 3000 – TATA BALANCED FUND – REGULAR PLAN – GROWTH
For Small & Mid Cap
Rs. 5000 – DSP BLACKROCK MICRO CAP FUND – REGULAR PLAN – GROWTH
Give me advice. I have two goal complete home loan & Long term wealth creation.
Dear Leon,
You have invested in multiple funds from the same fund category. You may go through this article and check the overlap and you may trim down your portfolio if the overlap % is on higher side. Read: MF portfolio overlap analysis tools.
Sir,
I have already gone through this tool but still i am confused related to my portfolio. You are requested, please go though my portfolio and give me portfolio which i can invest 10k per month. I want tax benefit and long term wealth creation…
Dear Leon,
You may pick 1 ELSS fund, 1 Large cap fund, 1 diversified equity fund, 1 Balanced fund and a Small cap fund.
My picks would be – Axis LTE/Franklin Taxshield, SBI Bluechip, Franklin prima plus, TATA balanced fund & DSP micro cap.
Out of this you can check overlap between ELSS fund Vs Franklin Prima plus, if the overlap is high and you want a tax saving option then go with Axis LTE.
Thank you for analysis..
Still i have following doubts, please clear it
1) Is it go if i am investing in one ELLS fund only for long time ?
2)
AXIS LONG TERM EQUITY FUND ( Top 3 Sectors are Banking/Finance, Automotive, Pharmaceuticals )
SBI Blue Chip Fund ( Top 3 Sectors are Banking/Finance, Automotive, Pharmaceuticals )
Franklin India Prima Plus ( Top 3 Sectors are Banking/Finance, Automotive, Pharmaceuticals )
Tata Balanced Fund – Regular ( Top 3 Sectors are Banking/Finance, Cement, Pharmaceuticals )
All three mutual funds investing in same sectors except Cement
Is it good for long time ?
3) Kindly suggest me portfolio for long time which neither overlapping with each other nor invest in same sectors.
please clear my doubts .
Dear Leon,
You may kindly check the portfolios of other funds by yourself and also the overlap and pick the funds as per your conviction.
Kindly note that the portfolio allocations can change and may not remain the same over longer period. Thaty why they are referred to as actively managed funds.
Dear Sree,
About a year back in Aug 2015, I had invested a lumpsum amount of Rs 5 lacs into ICICI Pru Value Discovery Fund, but currently observe that the returns it is giving in the present market conditions is only between 5-6% as compared to my other lumpsum funds which are giving me minimum 10% returns. Since I am doing a yearly review of my portfolio, would you recommend that it is advisable for me to switch from the Value Discovery Fund into another fund which could give me higher returns.
Additionally, I already have an ongoing SIP of Rs.10,000 monthly, in ICICI Pru Value Discovery fund, which is doing fine and giving me returns of 10-11%. I will be continuing with this SIP.
Rgds
Rajesh
Dear Rajesh,
It is one of the best and consistent funds in Multi-cap category.
Two points here;
1 – Kindly do not churn your portfolio based on short-term review. You may give it some more time..
2 – Sometimes, it is advisable to look at avg portfolio return than giving too much importance to individual funds.
By the by, may I know your investment time-frame?
Thanks Sree for your prompt advise.
To be honest, I really do not have any fixed timeframe, as most of my major requirements can be paid off from my other existing investments / savings and for me Mutual Finds is just an additional avenue to invest. It is not linked or related to sufficing any such goals.
The payments to my existing SIP’s can optimistically go on till such time that I retire, which is 15 years from now. till then I am only investing in Mutual Funds, with the intention of Wealth creation (from SIP’s) and profit booking from my lump sum investments in Mutual Funds.
Kindly advise the best approach for the above mentioned purpose / goal of Wealth creation.
Rgds
Dear Rajesh ..Considering your time-frame, you may remain invested in ICICI Value discovery fund and keep tracking its performance for some more months.
Hi Sreekanth ,
I followed your advise via this site which I got from some of my previous mails , and have made a new MF portfolio according to my investment needs .. More importantly I got motivated to learn more on MFs ::) , thanks for that ..
However from one of my friends, I got the below points .Could you pls let know your views on that .
a) When the time horizon is below 10 years it is mandatory to have flexicap investment ratio higher(up to 60 %) in the MF portfolio and we need to limit small ,mid and micro cap to ONLY up to 30 percent of allotment ?
If you forget the criteria of risk appetite in this , is there a proven reasoning behind this ( as flexicap MF can play with and make use of the best times in small/mid and largecaps??) , or just a general one..?
b) The below is what I got from a website :
If the risk appetite is more , It is important to have a theme based MF (theme/sectorial) as some of them consistently outperforms flexicap funds .
whats your view on that as I didnt see the theme based funds /or any sectorial funds in your articles (sorry if I missed it ) .
If yes , do you have any suggestion of theme based funds like (the example of Mirae consmer fund) , or any funds from sector (like example UTI logistics fund ) in the current market scenario to be included in the MF portfolio ..?
Or is it too risky and unpredicatbility is more .
thanks in advance ,
Dear Thomas,
a) There is no thumb rule or hard-n-fast rule to this. How sure are we that flexi-cap that we invest in is going to allocate higher fund corpus to mid/small stocks?? So the prudent thing that one can do is to invest in 2 to 4 funds with consistent track record for the last say 10/15 years and diversify across fund categories.
b) Nothing wrong in investing Theme based or Sector based funds, if one can understand and comfortable with the sector business in which they invest in. For example : I do not understand the Pharma industry, hence I avoid investing in it. Does that mean, pharma is a bad sector to invest ? – NO.
After investing in a core portfolio (say with large/diversified/mid), if one has the required risk appetite and requirements, can surely invest in Sector funds. But has to understand the risks associated with them before investing!
thanks a lot Srikanth for your advice ..I was checking more on Sundaram Rural fund and seen that it has a good track record .. However In money control and all , I cannot see the risk parameters , based on your experience the Rural development of India theme is a safe one to invest (compared to any sectors etc)
Thanks ,
Thomas.
Dear thomas ..If you have already constructed a good MF portfolio with core funds (like a large cap, diversified equity fund, mid/small cap fund), you may consider sector oriented funds to add to your portfolio.
You may find the risk parameters data on Valueresearchonline.com or monrningstar portals.
Hi Srikanth,
I am 53 years old and wish to have a tax free corpus of Rs.50 lacs by the time i turn 60. Considering my retirement timelines, am ready to invest either through SIP/ Lumsum over a period of 5 years( till i turn 58). Can you please suggest 1-2 options with low risk and a decent returns??
Dear Subramanyam Ji,
If you would like to accumulate Rs 50 Lakh in 5 years from now, assuming the rate of return as 10%, you have to invest around Rs 8.2 Lakh per annum (or) Rs 31 Lakh lump sum investment.
You may consider investing in MIP fund + Balanced fund. Kindly understand the risks associated with equity oriented balanced funds before shortlisting them.
Read:
Retirement planning made easy!
Best MIP Funds.
Best Balanced fund.
List of investment options.
May i suggest that you invest directly through the individual AMCs rather than through your exisitng banks mutual fund platform ( in case you have decided to). Since you are investing for long term, you will see larger benefit from the lower expense ratio offered by the DIRECT plans of the same funds which are only offered directly throigh these AMC. what i mean is go to the websites of these individual mutual fund houses and create account / portfolio there. In case you are still confused let us know
Hi Sreekanth,
Interest rates are fallen and are expected to fall further, do you think we should add Short Term Bonds to our portfolio. I have some Ultra Short Term funds which I had kept as oppurtunity fund (when markets go down, I top up my Equity funds – like the one on 29 Sep). There are more surplus funds I have received this month and was thinking of putting them in Short Term Bonds instead of Ultra Short Term funds to have a slight edge on returns compared to Ultra Short Term Funds.
Dear Manja,
Yes, looks like the Short term debt funds can deliver decent returns in next 6 to 12 months, considering the expected rate cuts (if any) by RBI.
But, I am sure are you aware of taxation part, if you are redeeming the debt funds and re-investing in Equity schemes.
Hello Sir,
From where i can invest on mutual fund by my own. I have invested in SBI mutual fund as SIP. When i ask the manager to tell me how can i invest other than SBI MF he said they only help me to SBI
When i asked ICICI manager they replied the same.
Is there any website where i can choose funds by myself ? If so what is the difference between investing by own and investing via any bank? what are the risks ?
Also Please suggest me top lump sum mutual funds to invest 5lakh
If you have mutual fund account created via any bank like HDFC, ICICI, you should be able to select any mutual funds through their platform. However, from 2013, individuals AMCs – fund houses which actually offer these mutual funds have been allowed to sell Direct Mutual funds. So you can go to any individual AMCs like Birla Sun Life, HDFC MF, create an account there and invest directly with them. Through this you can select what is called as DIRECT fund, these have lessor expense ratio than the ones you seldct via your Banks mutual fund account and hence provide more effective returns for the same fund.
Dear Dipa,
If you can identify right schemes by yourself then there are plenty of websites/online platforms that you can consider for MF investments.
You can even visit respective mutual fund house websites and can invest.
Another option is you can invest in MF schemes through a MF advisor.
Kindly read below articles;
What are Direct plans of mutual fund schemes?
MF Utility online platform.
Hi,
I want to start investing Rs. 30000 in SIP’s. Have identified the following funds, 5k each:
HDFC Balanced Fund
Franklin India Smaller Companies Fund
ICICI Pru Value Discovery Fund
DSP BlackRock Micro Cap Fund
Birla Sunlife Frontline Equity
Franklin India Prima plus
Is the portfolio well diversified to cover all risks, I am looking at 15-18 year horizon
to build a corpus for retirmement, child education and marriage. Also, is it better to commit
to a longer tenure of SIP (say 5 yrs) or do a yearly review and renewal. Are they any additional charges for renewal?
Please advise. Thanks in advance!
Dear Meenu,
Your portfolio looks fine. The renewals are offered free of charges but kindly check with your service provider for any service related charges.
You may set up SIPs for 12 months and take a call every year. But kindly do not churn your portfolio often.
Kindly read:
Retirement planning made easy!
Kids’ Education goal planning & calculator.
List of articles on key aspects of Personal Financial Planning!
Hai sir l want to take up monthly mutual fund invest plan but not much amount. May be 500rs a month and ready to pay for about three to five years. Please tell me which plan to take up
Hi Kavitha,
What is the investment objective? Ideally you should set up a Goal, lets say Buying a luxury car in 5 years and use various calculators to find out what amount is required each month based on certain %age. For example, if you are looking for 10 Lakh car in 5 years, you will require to invest about 14.2 K p.m (@ 8% return p.a) OR 13.1 K p.m (@ 12% return p.a) OR 12.1 K p.m (@ 16% return p.a). Now you decide which %age you are comfortable to take. Let’s say you are conservative and only believe in 8%, then you should invest 14.2 K each month FD / Liquid / Ultra Short term fund which hopefully will give you 8% return to achieve 10 Lakh goal in 5 years. If you can take risk and go for 16% return, then you should invest 12.1 K each month in combination of Large Cap, Diversified or Mid Cap Equity funds to be able to clock in 16% average return YOY.
Without the goal, you will never know how much is enough to invest per month and tomorrow when markets are down, you will lose hope in the investment and discontinue the investments. Hope this explains.
Please note that I am just another user. Sreekanth may have better answers.
Dear Kavitha..Manja’s advice is absolutely worth to follow.
For a 5 year time-horizon, you may consider investing in a Balanced fund. .
Read: Know the Future value of your investments!
Thank you dear Manja for sharing your inputs.
Hi Sree,
Hope you and your family doing good.
This month one of FD is getting matured (Rs. 1,19,250). I do not want go back and invest the amount in FD again. As you know now the FD IR’s are very low.
My time horizon is 2-3 years. Investment goal is, in another two years my sister daughter is going to complete her school studies and then I need take her to some professional degree courses.
Please suggest me some good funds where I can invest this FD amount. Also I am keeping nearly 3,00,000 in savings. Is that good idea to keep it in savings. I am planning to invest in Liquid fund. Kindly give your advise.
Thanks & Regards,
Raja Rajagopal
Dear Raja Rajagopal Ji,
Considering the time-frame and requirement, you may invest in MIP fund (kindly understand what are MIPs before investing) + in one Arbitrage fund.
Read:
Best MIP funds.
What are Arbitrage Funds?
MF taxation rules.
Hello,
Thank you for you valuable advice always !!!
I am investing in below mentioned funds since two year :
SBI Blue chip – 8000
Franklin India blue chip – 2000
DSP Black rock micro fund – 3500
Kotak select focus fund – 2000
Franklin India balanced fund – 2000
L&T India value fund – 3000
Birla tax saver 96 D – 2000
I have looking for 10 years horizon. Should I continue with these script or replace with others.
If yes, kindly suggest some.
Thanks in advance
Dear Vibs,
My suggestion would be to go through below articles, understand the concepts and kindly revert to me if you need more details;
What are Large/mid/small cap funds?
MF portfolio overlap analysis tools.
How to select the right mutual fund scheme?
Hi SreeKanth,
I need to looking for investment for 9-12 years for marriage. I have 20% of portfolio in LIC which will be mature in 8 years. Which two funds among these are good for the moderate risk for 9-12 years?
1) ICICI Pru value discover funds
2) HDFC balance fund
3) HDFC mid cap oppurtunity
1 & 2 or 1& 3 ?
Dear Parimal,
You may share your LIC policies details (Plan name, commencement date & tenure).
May be – 1&2. But these are funds are from different fund categories.
Read: How to compare and select the right mutual fund scheme?
Hello Sreekanth,
I have a mf portfolio of comprising following funds
1. I Pru focused bluechip = 2000 per month
2. I pru value discovery = 2000 per month
3. Uti Opportunity fund = 2000 per month
4. Hdfc mid cap opportunity = 2000 per month
5. Axis long term equity = 2000 per month
6 Reliance Gold saving fund = 500 per month
now i am planning 2 more funds this month
1. Birla SL frontline equity = 3000 rs per month
2. HDFC balance = 2000 Per month.
Is it right mix of schems or should i opt out from any scheme
Kindly suggest
and i am 37 year old and can increase my investment in mf 3-4 thousand every year . and my horizon is 10 year
Dear vivek,
Instead of adding too many funds to your portfolio, you may consider investing in the existing funds itself.
Read:
MF portfolio overlap analysis tools!
How to select the right mutual fund scheme?
Dear Sir,
Kindly suggest best 2 funds from below for a horizon of 10 years:
(1) Franklin India Bluechip Fund –
(2) DSP Blackrock Micro cap – growth – direct
(3) Mirae asset Emerging bluechip fund – growth – direct
(4) ICICI Pru value discovery fund – growth – direct
(5) Franklin India Prima plus
(6) JM core 11 fund – direct – growth
Thanks in advance.
Dear Samant ..Given a choice and for a time-frame of 10 years, I will consider ICICI Value discovery and Mirae fund / DSP fund.
Read: How to select the right mutual fund scheme?
Thanks for your valuable input Mr. Sreekanth.
Hello Sir,
Good Day ! I am about to be 28 and I earn about 35000INR PM. I have a debt of 7000INR PM which is for 4 years. I am planning to invest about 15000INR.
Goals:
Retirement: Rs.1.5CR (20 years)
Other needs: Rs. 10 Lakhs (10 years)
Please Advice
Thanks
Aswin
Dear Aswin,
Kindly go through below articles;
Retirement goal planning and calculator!
How to create a solid investment plan?
List of best investment options.
Hi Sreekanth,
Thanks for this information, think it is quite nice, especially for anyone who is about to start investing in MFs.
About myself – 32, Male, currently in UK for a project. I have some other secured investments done previously. I am about to become a dad in couple of months time, so want looking for a good investment plan for returns – currently can invest 4 Lac lump-sump or 20k pm for 3 years.
Risk appetite – moderately high.
Please could you suggest a lump sump or monthly plan / SIP?
Apart from this – any suggestions for Child related plans? I know about Sukanya Govt. Scheme and Child insurance plan (which is costly but nicely cover most of immediate and maturity needs). Or I could simply manage investments through MF/SIP as well. I know this could be confusing as it is my call to decide what I need, but any comments from you per your experience are welcome please.
Many thanks – Mohit
Dear Mohit,
Do you have adequate life cover? If no, kindly buy a term insurance plan.
You may start SIPs in a balanced fund + Large cap fund. (Ex- TATA balanced fund + ICICI Focused bluechip fund).
Sukanya scheme is only for Girl child, so you may wait for few more months and decide 🙂
Suggest you to avoid Child oriented insurance plans and stick to equity oriented plans instead.
Kindly read : List of important articles on Personal Financial planning!
Happy Parenthood!
Hi Sreekanth,
Thank you for sharing your knowledge and giving us valuable tips.
My question is as below:
If I want to invest Rs. 1 lac monthly into various SIP’s (of Rs 5000 each) for 5 years with an intention to build a corpus of minimum 1 Cr, which Mutual Funds would you recommend for me to invest to reach my goal.
Also, do you recommend that I start with equity funds and then in the last two years move the SIP’s into Debt funds.
Kindly advise.
Regards
Dear Rajesh,
To accumulate Rs 1 cr in 5 years from now, with monthly SIP of Rs 1 Lakh, we need to get around 19 to 20% returns (annualized) for the entire 5 term.
So, if you shift from equity to debt then either you have to invest more in the beginning years or have to reduce the target Corpus amount. (or may be we just have to assume more returns and wait for it to happen 🙂 ).
Do you need this money after 5 years?
Dear Rajesh,
Thank you for your prompt response.
As per available SIP Calculators, if I increase my monthly SIP by Rs 15K to Rs 1.15 Lakhs per month, then an annualised return of 15% should ideally help to generate a corpus of 1 Cr in 5 years.
Presently, I have invested in the below 20 funds in the following ratio:
Large Cap : 2 Funds
Small & Mid Cap : 8 Funds
Diversified Equity : 7 Funds
Balanced : 2 Funds
Sector-Banking : 1 Fund
Kindly advise if this spread of funds is good or if it may need some tweaking.
At present, I am 44 years old and have started investing into MF’s, only since the past one year. You are right in the fact, that based on my current standing, in most probability I may not really have the urgent requirement for this Corpus amount in 5 years time, but will surely need it at the time of my retirement (when I am 60 years old). However, since all Financial advisors are always keen about specifying time based goals, I have set an initial time period of minimum 5 years. I am looking forward to your expert advise on how I should ideally be proceeding further with my investments via Mutual Funds for WEALTH CREATION purpose only, as I am pretty much covered on other aspects such as Life insurance, property, children education, emergency fund, etc.
Best regards
Dear Rajesh,
20 Funds?? Way too many. Over diversification may not be beneficial.
Read:
MF portfolio overlap analysis tools.
How to select the right mutual fund scheme?
Hi Shree,
In your view, how many Mutual Funds would you recommend that one should have in their portfolio in order to avoid over diversification.
Regards
Dear Rajesh,
Even two funds from the same fund category can have higher overlap.
So, the number of funds can be dependent on many factors – investment objective, time-frame, goals,existing investment portfolio etc.,
Read:
My MF portfolio.
How to select right mutual fund scheme?
MF portfolio overlap analysis tools.
Thanks Sree.
In your view, do you recommend that equity Stocks should also be included as part of ones overall investment portfolio or will investing in Mutual Funds only suffice for Wealth creation / achievement of goals.
Are there any advantages of investing in equity stocks as well as into Mutual Funds. Kindly advise.
Rgds
Dear Rajesh,
I wont say SHOULD but CAN be included.
If one has time to track the individual shares, expertise to pick right stocks at right value and understand their businesses then why not, stocks can be part of ones portfolio.
Equity stocks may give you better returns than Equity oriented mutual funds, but do remember that they come with higher risks.
Hi, first of all hats off for your efforts in sharing the knowledge! I am a newbie in MF and hence while looking for info online I came across ur website which is informative. One thing which is not clear to me is on what basis you select funds for short term, mid term and long term goals? In other terms how do I determine if fund A is good for short term, fund B for long term and fund C for mid term? Thanks in advance!
Dear Pranal,
I select funds based on type of funds for my goals.
For ex – A liquid fund (type of a debt fund) is suitable for my Emergency fund purposes. A balanced fund (equity oriented) can be suitable for medium term goal as the fund invests around 65% in equity and 35% in Debt.
Kindly read:
My mutual fund portfolio!
How to select the right mutual fund scheme based on risk ratios?
What are Large/mid/small cap funds?
Say for example. If we look at Birla Sun Life Advantage Fund. As per valueresearch.com returns during 3 yr period is 33.01 & during 5 yr is 19. So does it mean it’s better to invest in this fund for 3yrs as the returns are normally higher during this period in comparison to 5 yrs as the return is lower 19%.
2)Another example: If I invest in FD for 5 yrs.. My return would be 38.75% (7.75% per anum) so whats the point in investing the above fund if the returns are arnd 19% during 5 year period?
Not sure if I am calculating it in the right way.
Dear Pranal,
Do not go by returns. Past performance may or may not be repeated.
Kindly select the investment options based on your financial goals and time-frame.
Kindly first understand the different types of mutual funds and their risk profiles.
Birla Sun Life Advantage Fund is an Equity fund, so ideally an equity fund can be considered for long-term goals (>5 years).
Kindly note the FD returns you have pointed (38%) is absolute returns, whereas the MF returns are CAGR (annualized returns).
Read: Five important formulas to calculate returns.
Thanks a lot Sreekanth! Now I understood how to compare returns in FD vs MF 🙂
My dad is still holding his SBI Contra Regular Dividend fund which he bought in 2005.
https://goo.gl/zjYYwl
Would you advice to hold this fund or sell & reinvest in some other fund?
Dear Pranal..Yes, there are better Multi-cap funds now.
But, is he happy with the fund’s performance? That’s more important 🙂
Unfortunately not happy. Guess his expectations were high.
I am little confused and hence need your advice. If we look at any fund’s performance, it is showing 1 year, 3 year and 5 year returns from their launch date. lets say Fund X was launched in 2013 and it’s 3 years annualized return is 50% in 2016. If i start investing in Fund X in 2016 can i also expect approx. 50% annualized returns in 3 years time? I know that returns in the past years will be different in upcoming years but hope u understand my question.
In simple terms is it the right way to interpret the returns performance of a fund when the launch date and buying date (investor) is different?
Dear Pranal,
You yourself have answered your question.
It is advisable to invest in Funds which have long track record, so that we can have a look at the past 5 or >10 year data to know if the fund has been consistent or not across different market cycles.
Read: How to compare and select right mutual fund scheme based on Risk ratios?
Dear Sreekanth,
My age is 64 years and I am a retired person. I do not have any pension and my monthly expenses are managed by interest from Govt’s SCSS and Bank FDs but I am worried about falling interest Rates of FDs. I have surrendered my ULIP Insurance Policy after 5 years and going to receive Rs 10 Lacs which I intend to invest in Mutual Funds. After reading your blog I invested Rs 5000/- directly in following mutual Funds just to have a portfolio with the AMCs:
Tata Balanced Direct Growth
HDFC Balanced Direct Growth
BSL Balanced 95 Direct Growth
ICICIPru Balanced Direct Growth
L&T India Prudence Direct Growth
SBI Magnum Direct Growth
I intend to select two or more of theses funds for the investment of Rs 10 Lacs. Since it is Lump sum invest I would like to watch short time volatility of some NIFTY or BSE Index for about 10 days just to select a low NAV day. (Do you have any suggestion?)
If I save anything from interest income after meeting the expenses I may go for a SIP at Quarterly interval (since interest credit is Quarterly.
I may also put some money in Debt/Money Market Fund just to compare them with Bank FDs should the need to shift Bank FDs arrive next year. By the way do you think Bank FD interest may fall in 2017?
Please give suitable advice for my situation.
Kamalakar
Dear Kamalakar Ji,
You may re-consider investing in too many funds from the same fund category (hybrid/balanced funds).
Kindly read :
MF portfolio overlap analysis tools.
How to select the right mutual funds scheme?
Timing the market can be a difficult task.
Interest rates may fall further.
Read:
Types of debt funds.
Best Debt funds.
Best MF MIP funds.
Best Arbitrage funds.
Do you have health insurance cover?
“You may re-consider investing in too many funds from the same fund category (hybrid/balanced funds).
Kindly read :
MF portfolio overlap analysis tools.
How to select the right mutual funds scheme?”
I am not going to but just to have a portfolio with them I have invested Rs 5000/- each. Thanks for the links I will go through the.
“Timing the market can be a difficult task.”
Somewhere on your Blog I read about 200 DMA. I compared NAV of one Fund with its 200 DMA from Dec 2013 till 16/09/2016 and find that first time it went below 200 DMA on 07/05/2015 (After 17 Months). Then it hovered around 200 DMA till Feb 2016 (For 9 months) and took a serious dip in the whole month of Feb 2016 after which there is widening gap between 200 DMA and actual NAV (NAV more than 200 DMA). This is true for NSE Index as well. Can you tell me what are the reasons for the Stock Markets to fall in Feb 2016? If this happens again every one loses.
About timing I may use shorter DMA just to buy by 1 to 2% lower e.g. avoid 08/09/2016 between the dates 30/08/2016 to 16/09/2016.
“Interest rates may fall further.”
Thanks that is the reason I need to move away from Bank FDs.
“Do you have health insurance cover?”
Yes I have.
Kamalakar
Hi Sreekanth,
I am 29 Years old and want to start my Investment. I got to your blog and started thinking about the same and now has a plan which I request you to verify.
I have zeroed out on the below options for starting my investment for now. Please suggest if this looks fine or suggest if you see any other fund can be added or replaced from the list.
Thanks in advance.
ELSS
Axis Long Term Equity (G) (1500/Month)
Birla Sun life Tax Relief 96′ Fund (G) (1500/Month)
Growth funds
Motilal Oswal Most Focused Multicap 35 Fund (1000/Month)
Birla Sunlife Frontline Equity Fund (1500/Month)
ICICI Prudential Value Discovery Fund (1500/Month)
Dear Paritosh,
Kindly check the portfolio overlap among Axis, Motilal and ICICI Funds.
Read: MF portfolio overlap analysis tools.
May I know your investment horizon?
Hi,
I am new to mutual funds. I am planning for my child’s education(after 15 years) and retirement(after 20 years).
I am currently investing only in HDFC balance fund. Could you please suggest me other MF’s where I can invest.
Thanks,
Karthik.
Dear karthik ..Kindly refer to the list provided in the article.
Read:
Kid’s education goal planning & calculator.
Retirement planning goal & calculator.
Dear sreekanth ,
I read your blog last two year ,very use fully simple advice given you keep it up.my long term about 10 year goal I investment per month 15000 continues in 1.icici Pru.value discovery 5000,
2.hdfc midcap opp.5000
3.hdfc balance fund. 5000.
All are direct.I want to invest in franclin smaller 5000.and for tax banifit Franklin tax shield 5000 per month.
Pi Give me advise..
Dear mahesh ..Kindly go ahead.
Dear Shreekant,
I want to invest in ‘New” equity oriented hybrid funds with an investment horizon of 3 to 5 years. The reason for investing in new scheme is to hold maximum units by investing big lump sum amount and will continue to hold the units if the fund performs outstanding or good in future. Considering only portfolio overlapping, fund managers background & YTD performances, i have selected some hybrid(EQ-O) funds and wanted to invest in only one fund among below:
1. SBI Equity Saving(G) – Direct
2. DSP BlackRock Equity Savings Fund(G) – Direct
3. Mirae Asset Prudence Fund(G) – Direct
4. ICICI Prudential Equity Income Fund(G) – Direct
5. Birla Sun Life Equity Savings Fund(G) – Direct
Waiting for your valuable advice.
Dear Manu,
If you would like to invest in NEW fund only then suggest you to check details & performance of the other Schemes managed by the fund managers of these schemes. That can give you some fair idea and what to expect.
You can find these details in Valueresearchonline / moneycontrol portals.
Thanks shreekant for your valuable advice.
Dear Sreekanth
I want invest in 5 funds through SIP.
Should I choose to invest on same date or 5 different date of the month?
Dear Pravin ..Ya, I missed the small-cap fund, your portfolio looks fine. SIP Dates, they does not really matter.
Thank you very much.
HI,
I am a US NRI , kindly let me know the funds i can invest.
Thanks,
Karthik
Dear Karthik,
Kindly read this article : NRI & FATCA Compliance requirements.
L&T, UTI, PPFAS, Sundaram and Canara Robeco are accepting investments from NRIs.
Hi Sreekanth,
I am started investing mutual fund through SIP for the past 1 year. I am planning for another 3-5 years for long term My portfolio are
1. SBI balanced -Rs 3000
2.SBI pharma -Rs 1000
3.SBI magnum multiplier -2000
4.SBI small & mid cap -2000
5.HDFC mid cap opp -2000
Please advice me whether to continue the above or do I need to change the funds. My aim for long term for another 10 years
Dear Venkatesan ..May I know the reason for choosing too many funds from SBI?
Kindly read:
What are Large/Mid/Small cap funds?
How to select the right mutual fund scheme based on risk ratios?
My MF picks!
MF portfolio overlap analysis tools!
Hi Sreekanth ,
Thanks for your reply and valuable time & article.
I am having NRI account in SBI, It happens that bank chief manager advised the above funds. At that point of time ,I didn’t have any knowledge about MF. Just followed his works and invested. After gone through the your blog ,I realized that not investing in right funds.
I am planning long term investment for 12,ooo per month around 10 to 15 years .
So please advise whether to continue or terminate the above funds. Please suggest me some funds for long term.
Thanks in advance.
Regards
S.Venkatesan
Dear venkatesan,
Indvidually these are decent ones. But you may diversify across fund houses too.
For ex- Future contributions to SBI magnum multiplier can be routed to ICICI Pru value discovery fund which is also a Multi-cap fund.
Instead of SBI small cap, you can consider Franklin Smaller cos fund or DSP micro cap fund.
Read:
MF portfolio overlap analysis tools.
How to select the right mutual fund scheme based risk ratios?
Hello Shreekanth,
I am 31 Years Old, Doing job in private sector company, I have 4 years old kid.
Right now I don’t have any goal. So I can stay invested for long term.
I have invested in funds based on your recommendation.
All are direct & Growth Option
(1) Axis Long Term Equity Fund – ₹2500/month total ₹35000
(2) Franklin India Smaller Companies Fund – ₹8000 Lump sum
(3) UTI – Equity Fund- ₹8000 Lump sum
(4) ICICI Prudential Value Discovery Fund – ₹8000 Lump sum
(5) HDFC Balanced Fund – ₹8000 Lump sum
except Axis fund all funds are purchased recently within a month or two.
I want to start SIP ₹ 3000/month in each fund total 15000/month.
All funds are 5 star rated except UTI equity fund.
should I choose another fund instead of UTI equity fund?
Regards
Pravin
Dear Pravin,
Your goals can be i)Retirement plan & ii) Kid’s education goal.
As you are starting afresh, instead of UTI equity fund you may consider Birla Frontline / ICICI Focused bluechip.
Are you not comfortable taking a bit more risk? by investing in one Mid-cap fund??
Read : List of articles on key aspects of Personal Financial Planning.
Dear Sreekanth
I have invested in Mid & Small cap fund.
Franklin India Smaller Companies Fund
Should I invest in one more mid cap fund?
kindly suggest mid cap fund.
I want to start investing Mutual fund SIP for 2000/- INR for atleast 3 to 4 MF Schemes for 15-20 years.
Please suggest me some best returned MF Schemes Names to which i can invest in.
Dear Niraj ..You may consider the funds listed in the article.
Read :
How to pick best mutual fund scheme based on risk ratios?
MF portfolio overlap analysis tools.
Hi,
I am investing for retirement planning for next 7 years –
Please suggest –
1. Franklin India Smaller Companies Fund GROWTH – 3000
2. DSP BLACKROCK MICRO CAP FUND – REGULAR PLAN – GROWTH – 3000
3. Franklin India PRIMA PLUS GROWTH – 4000
4. SBI BLUE CHIP FUND – REGULAR PLAN – GROWTH – 8000
5. ICICI PRUDENTIAL VALUE DISCOVERY FUND – GROWTH – 6000
6. BIRLA SUN LIFE FRONTLINE EQUITY FUND – GROWTH – 4000
7. UTI Equity-Growth – 3000
8. Franklin India TAXSHIELD GROWTH – 3000
Please note that I have no idea about MF. Did it based on performance for last 3-5 years.
Please suggest and help.
Regards,
Raj
Dear Rajendra,
Kindly check the % of overlap among these funds, if overlap is on a higher side say >50 %, you can drop few funds from your portfolio. (Individually all these are good ones).
Also, you may use the calculator available in the below article to estimate the required Retirement corpus.
Read: Retirement planning made easy..!
Hello Srikanth
I have asked you questions before too but since you cant remember everyone. I am a 24 year old guy and have been investing in mutual funds for almost a year now. At that time i chose 2 funds for SIP. I chose “Axis Long term equity growth fund”(1000 SIP) and “ICICI prudential value discover fund growth”(1000 SIP). Then after a couple of moths I started a SIP(500) in “Reliance tax saver fund-growth” and also I have increased 500 SIP in a new fund named “Franklin India high growth companies fund growth”. So its 3000 SIP now. FYI I am a DIY SIP investor through HDFC securities account.
I have a question that is this a good distribution for a SIP? Should I reduce my number of funds or continue the investment?
Dear Varun,
I believe you have asked your first question exactly a year back 🙂
How are you doing?
All four funds are primarily multi-cap ones (though Axis / Reliance are ELSS funds , the funds’ investment strategy is to invest across large/mid/small stocks).
That means you are investing in 4 multi-caps. Hence suggest you to check portfolio overlap among these funds and can diversify a bit, may be you can consider adding on Balanced fund / Mid-cap fund. May I know your investment horizon?
Hello, Srikanth. Yes my question was an year back. It’s amazing that you remember. Ya I used the overlap tool mentioned above, thanks for that.
My investment horizon is for 10+ years.
Dear VARUN ..As suggested you may consider adding funds from other fund categories as well.
Read: What are Large/Mid/Small cap funds?
Dear Mr. Sreekanth,
I have recently retired (58 yrs. only and not Sr. Citizen) from a Private company and will be getting Rs.20 lakhs from PF. Since the interest in bank FDs are areound 7.5% only, I want to invest this money for 5 years in MFs where my principal will be safe and will get atleast 10 to 12% interest. So can you please suggest me funds in how many funds I have to invest the entire amount and also in lump sum or SIP. If in SIP can I invest this entire amount in liquid fund? If so kindly suggest me good one or two liquid funds. Since my wife is employed and I have some small source of income I can manage my day today expenses for 4 to 5 years. Please give your suggestions.
Thanks and regards
H. R. Krishnan
Hi Srikanth.
I am planning to invest 3L lumsup money ,time horizon is 5Years and looking for 12%CAGR ,can you please suggest good funds which suits my requirement?
Dear Giribabu ..You may consider a Balanced fund.
Hi Sree,
Hope you are well.
I invested Lumpsum in MIP as suggested by you and Some in Balanced fund with STP of 6 moths.
I now want to invest 3 lakhs lumpsump for long term, with high risk, and better returns.
Was thinking of going for Franklin india smaller companies fund or if you can suggest any other better than this.
Should I do an STP for 6 months or invest straight away.
Your help is always appreciated.
Regards
Dear Ksam ..It is a decent fund. You may opt for STP route.
Any other fund you would recommend long term perspective apart from this.
Hello Shreekanth,
I’m looking to build a SIP portfolio for the next 30 months (2.5 years) to get the max returns so that my goal of around 25 -30 lakhs is fulfilled. Could you please suggest some mixture of funds to attain this kind of goal? Based on the sip calculator for this requirements, i think i have to invest around 80-90 thousand per month. And, i am fine with it.
Appreciate your help in sharing few (maybe top 4-6 funds) that i can add to my SIP portfolio.
Thank you in advance.!
Dear CBS,
What is the assumption that you have made regarding the Rate of Return?
As you have a short-term horizon, you may consider a Dynamic Bond + MIP Aggressive Fund + Arbitrage Fund. If you can afford to take risk then you may allocate a minor portion of your corpus in a Balanced fund.
Read:
Best Debt funds.
Best MF MIP Funds.
Best Arbitrage funds.
Best Balanced funds.
Thank you Sreekanth. Yes, there is no guarantee, i agree.. !!.
Dear Sreekanth ,
I have invested in MF via SIP based on your suggestion as in this article (for large cap/ midcap/balanced ) for the concerned time horizons respectively .
Now I would like to take the MF via systematic plan , in the name of my wife who is a housewife .
we have a time horizon of 10 years and I have selected the below . (I shortlisted below so that both of our investment/MF should have diversification (in terms of fund houses as well) )
a) Large cap –kotak-select-focus-fund-regular
b) Diversified — Birla Sun Life Advantage Fund (G)
c) Midcap — Franklin small cos >>>>> this I have as well in my portfolio , selected here coz of low risk
d) Microcap –DSP microcap
Just wanted to know whether the funds in (a) and (b) are the best here and your opinion on (d) … In my MF portfolio I alreday have birla sunlife in large cap and icici pru value discovery in diverstified …. Is franklin prima plus a better option than the birla sun life advantage fund ??
Thanks in advance ,
Thomas.
Dear Thomas,
1 – Given a choice between Birla Sun Life Advantage Fund Vs ICICI PRu value discovery Vs Franklin Prima plus, will go with ICICI fund (considering 10 year horizon).
2 – The other three funds are good ones.
Kindly go through below articles;
How to pick the right mutual fund scheme?
My MF portfolio picks.
Sir appke sujhab padkr acha laga sir m
15-20 sallo take invest Karna chahta hu koi fund suggest kijiye
Dear yatindra ..You may consider the funds listed in the above article.
Hello Sreekanth ,
Good afternoon .Seek your advice on monthly sips,investment horizon being 8 yrs.
ICICI Pru Value Discovery – 2500 pm
Mirae asset emerging bluechip fund-2500 pm
Appreciate your response on the same.
Regards,
Roy
Dear Roy ..Good ones, kindly go ahead with your investment plans.
Read: How to compare & select a mutual fund scheme based on Risk Ratios?
Hi shree,
I am 27 years old and recently started to invest in mutual funds through SIP. I want to invest for long time about 15 to 20 years.
My Port-folio :-
SBI BLUECHIP FUND direct plan – Rs. 1500/-
SBI PHARMA FUND regular plan – Rs 1500/-
SBI MAGNUM MULTICAP FUND direct plan – Rs 1500/-
ICICI PRU EXP & OTHERS SERVICES direct plan growth – Rs. 1000/-
ICICI PRU DISCOVERY FUND (G) – Rs. 2000/-
AXIS LONG TERM EQITY FUND direct plan growh – Rs. 2500/-
Any suggession for me, please comment.
Dear Gautam,
In place of one of the sector funds, you may consider adding one Mid/Small cap fund.
kindly read : How to select best mutual fund scheme?
Hello Shreekanth,
I have invested in following funds through sip since last 2 years,
1. Birla sunlife frontline equity fund growth 10000/
2. Icici value discovery fund G 10000 /
3. Uti mid cap fund G 10000 /
4. Tata balanced fund growth 10000 /
5. Dsp black rock tax saver D 12000 /
Please give your valuable advice on my portfolio. My age is 53 years. I am a medical professional.
Regards,
Dr.Ramesh Desai
Dear Dr Ramesh,
Your portfolio looks fine. May I know your investment horizon / investment objective(s)??
Hi Shreekanth,
Thanks for your reply;
My age is 53 years, both my son and daughter are medical professionals.
So my main investment objective is retirement planning. I want to invest for another 12 years.
Please advise me accordingly.
Thanks.
Dr. Ramesh Desai
Dear Dr Ramesh,
Looks fine to me.
Kindly read : Retirement planning mad easy..!
I have 2 Lakhs worth money to invest for a period of 3-5 years. Can you please suggest some decent Debt oriented funds which can give decent return. I am in the 30% TAX bracket.
Dear PRADEEPKUMAR,
You may consider investing in a balanced fund + an aggressive MIP fund + Dynamic Bond fund.
Read:
Best Balanced funds.
Best MIP funds.
Best Debt funds.
Hi Sreekanth,
I have one technical question.
Since diversified fund average return in last 1, 2 or 3 years is very close to large cap and sometime it is even lower return than large cap, why one should choose in diversified fund where risk profile is higher than large cap?
Performance Tracker – Average Returns as on Aug 23, 2016 (moneycontrol)
1 year average return of large cap- 11%, Diversified 11%, small and mid- 16%
2 year average return of large cap- 8.5%, Diversified 8.3%, small and mid- 15.5%
3 year average return of large cap- 20%, Diversified 16%, small and mid- 22%
Performance Tracker – Average Returns as on Aug 23, 2016
In this case, isn’t it better to split your money with one large cap and one small cap rather than diversified fund?
Dear Prem,
Different time-periods can give you different results 🙂
So, if one is investing for long-term say >10 years, he/she ideally can have one diversified equity fund, one large cap, one mid/small cap fund. There is no right or wrong answer here.
Sir
I am a Govt employee invested in
SBI blue chip fund,Principal emerging bluechip fund,ICICI export & other services ,DSP block rock microcap ,Mirae asset emerging blue chip ,Axis Bank long term equity.i s my portfolio is correct.please suggest.
Dear Satheesh ..May I know your investment objective & time-frame??
Read:
MF portfolio overlap analysis tools.
My MF portfolio.
How to select the right MF scheme based on risk ratios?
Sir
I am 42 years old and invested rs. 13000/- p.M in mutual funds from last year as per given below:
1- ICICI pru focussed Bluechip fund Rs. 2000/-
2. ICICI Balance Fund Rs. 2000/-
3. HDFC Balance Fund Rs. 2000/-
4. HDFC Mid cap opp. fund Rs. 2000/-
5. Franklin Highgrowth Com. Fund Rs 2000/-
6 Relience Tax saver fund . Rs 2000/-
7 DSP Black rock micro fund Rs. 1000/-
Dear Sunil,
Kindly go through below articles:
MF portfolio analysis tools.
How to compare and shortlist best mutual fund scheme?
Sir
Kindly correct/suggest my portfolio. I have invested in mutual funds for 15 years.
Dear SUNIL ..All funds are fine. Kindly go through the suggested articles.
Sir
after read your articles, i correct my portfolio as per below:
1 ICICI balance fund 4000/-
2 HDFC mid cap fund 4000/-
3 DSP balck rock micro fund 3000/-
4 Reliance Tax saver fund 2000/-
hello
i am 43 years ld and working in mscat,plan to resign in 2019.im fresh in mutual funds.i have some fd in bank as well.i want to invest for 3 years through SIP form.i have a daughter of 9 years old and want to make a new home.what is your suggestions.
thank you
Dear remesh,
You may start with a balanced fund.
Kindly read:
Best Balanced mutual funds.
Kid’s education goal planning.
List of articles on key aspects of Personal Financial Planning.
Dear Sreekanth,
You are doing a wonderful job by enlightening us and helping us in wealth creation. I am 33 years old. I want your feedback on my portfolio.
Objective of my investment: Creating wealth. based on my goals i have divided my goals as follows:
Short term (6-9 Years horizon) – approx 10 Lakhs
Medium term (10-15 years) – approx 25 Lakhs
Long Term (23-27 years)- approx 1 Cr
Based on the various calculators taught by you in this website I have calculated monthly investment of Rs 32,000 / Month.
Based on my analysis I have started investments in the following funds (did 1 time investment last year based on the analysis from VR website but now want to start systematic after going through your articles)
Birla SF frontline equity fund-G – Rs8500 (Large cap fund)
SBI Magnum Midcap -g- Rs 6500 (Mid cap fund)
Reliance Small cap-G- Rs 5000 (Small cap)
IDFC corporate Bond -G- Rs 5000 (Debt fund) – It was NFO so started it. Read in your website that should not have been done but the arrow was already fired so cant backtrack now but I am finding its doing well already approx 10.78% return
Now I have to do SIP for the balance Rs 7000. Which funds do you suggest me? Should I add 1 more large cap or Balanced fund or should I stick to my existing 4 funds and distribute this 7000 to that also.
Awaiting your kind reply.
Dear Vishal,
You may add one Diversified equity fund. Ex – Franklin Prima plus or ICICI Pru value discovery fund.
Read:
How to compare and select the best mutual fund scheme based on Risk Ratios?
MF portfolio overlap analysis tools.
so no balanced fund? equity is better?
Dear Vishal ..Considering your investment horizon and current MF portfolio, suggested like that..
Dear Srikanth,
I have a portfolio as per below :
Axis Long Term Equity – ELSS Tax planning 11.24%
Franklin India Taxshield – ELSS Tax planning 9.78%
Birla Sunlife Tax releif ’96 – ELSS Tax planning 9.58%
L& T India Prudence Fund Equity Oriented 11.22%
UTI MNC Fund Balanced 12.68%
Franklin Build India Fund Infrastructure 16.98%
Mirae Asset Emerging Blue chip Fund Mid Cap 14.97%
ICICI Pru Regular Income Fund Debt oriented 3.48%
UTI Transport & Logistic Fund Others 8.79%
DSP BlackRock Micro Cap Fund Small Cap 6.94%
ICICI Value Discovery Fund Multi Cap 5.20%
SBI Pharma Fund Pharma 2.75%
My target investment in CFY is around 82K in ELSS and 160K in other funds.
What do you suggest for the above fund portfolio ?
I am targeting at least 5 years for all performing funds off the list.
The NON ELSS ones whose growth % will be less then 8 by year end shall be liquidated is what I think to do.
Any other favourable option, please guide
The % shown above are the growth figures calculated from the time of initiation till date. The investments are done since last 6 months.
Dear Pal,
Investing in too many fund may not be advisable. You may trim down your portfolio a bit.
Kindly read:
MF portfolio overlap analysis tools.
How to compare & select the right mutual fund scheme?
Dear Sree,
Thanks. I agree to that.
However, my thought was to invest in all segments to start with.
The best performing will be filtered off the list for long term investments.
Hence, I am closely monitoring the growth % of all.
As shared, if I am not receiving 8 % growth by 1 year end, will redeem the money and move on.
Also, cannot redeem before 1 year as it will attract STCG tax.
My target is to continue with the 3 ELSS as a part of tax planning and cut the other list to top 4 performing funds.
Your views…
Dear Pal,
I believe that one can track the funds without investing money too. You can create a dummy portfolio on portals like moneycontrol or economic times.
Hi ShreeKanth,
India, specially an Indian woman finally won a silver at the Olympics, cheers to all of us. While she won the silver I see that lot of people are making gold out of investments. I also want to be a part of these investments for which I started investing through SIP(monthly amount 1000/-) in Franklin India High Growth Companies Fund. As I am naive to investments, all the mutual fund Investments are like black box to me. I went through some of your articles which I found very educative.
I am a state government employee, my age is 31, and my goal is to accumulate money for my child education, retirement and tax savings alongside. I started investing, as a government employee do, in PPF, LIC and PLI. But I got to know that investing money conservatively will not yield high returns.
So I would like you to advise me, for achievement of my goals in next 15-18 years, the best possible investment options. I am planning monthly investment of 20000/- INR.
Thanks!
Dear Simranjit,
Kindly read :
Traditional Life insurance plans – a terrible investment option.
Suggest you to kindly go through below article which gives you holistic view on Personal Finance concepts. You may revert to me with more queries.
Read: List of articles on key aspects of Personal financial planning.
Dear Sreekanth,
I am following your blog for quite some time now. In the past you have answered many of my queries. I was thinking of investing 20 to 30000 rupees for a period of 3 years (at least) where I can get good returns as compared to fixing it. My husband and I are planning for a family and hopefully by the next 3 years we have to think about school admissions etc. So can you suggest some investment options for me that would be better as compared to a Fixed Deposit
Dear Pratirupa,
You may consider combination of Arbitrage Fund + one MIP fund + one Balanced fund. You may allocate say in the ratio of 30:50:20 (example)
Read:
Best Arbitrage Funds
Best MIP funds.
Best Balanced funds.
Dear Sir,
I am investing Rs. 1500 to Rs.2500 p.m for long term investment can you suggest for which fund i am taken. i am 28 Years, Unmarried I am invest 20 Years Above. suggest for Low Risk And High Returns
Dear Chiranjeevi,
Suggestions : ICICI Pru Value discovery & Franklin Smaller companies fund.
Read : How to select the best mutual fund scheme based on risk ratios?
Dear Sreekanth,
This funds are tax saving eligible or not and I am invest 50,000 of deposit of MIP for using above mf sip
Suggest for MIP and Sip (above funds not tax saving) and
Also I am paying Lic endowment plan yearly 30,000 premium and
my financial goal is 25 to 30 years 75lac to 1 cr
I am a new invester
Dear Chiranjeevi ..No these are regular equity oriented funds.
Read:
Best Tax saving mutual funds.
Best MIP Funds.
Traditional life insurance plan (Endowment plan) – a terrible investment option.
Dear Sreekanth I have a lump sum amount of 10 lakhs. I need to invest it in such a way so that it will benefit for my daughter’s marriage/ eduction after 10 to 15 yrs. I am 27 yrs old Please advice
Dear Sarath,
You can create STPs (Systematic transfer plans) from liquid fund / debt funds to equity oriented schemes.
The STP has to be between the funds which are from the same fund house.
Ex – HDFC liquid fund to HDFC balanced fund.
You may consider diversified equity fund, mid-cap fund and one balanced fund.
Ex – Fanklin Prima plus, HDFC mid-cap opportunities & TATA balanced fund / HDFC balanced fund.
Read:
Best Debt funds.
How to select the right mutual fund scheme?
Kid’s education goal planning calculator.
Hello Sreekanth,
I’ve started investing in Mutual funds recently, I have tried to align my investments in the right direction as per my understanding. Both myself and my wife are working and Our current portfolio looks something like this:
SIP’s
Investor Fund SIP date Fund Category Amount
Myself SBI Bluechip 1st Large Cap 5000
Wife Birla Sunlife Tax Plan 10th ELSS 5000
Myself ICICI Pru LTE 15th ELSS 3500
Wife SBI Bluechip 20th Large Cap 5000
Wife Franklin India Tax Shield 20th ELSS 5000
Myself Axis Long term Equity 25th ELSS 3500
STP’s
Investor Liquid Fund Init Amount Equity Fund Weekly Amount SIP day Fund Category
Myself HDFC Cash mgmt 156000 HDFC Equity 1000 Wed Div Equity
Wife HDFC Cash mgmt 117000 HDFC Capital Builder1500 Monday Div Equity
Wife HDFC Cash mgmt 117000 HDFC Midcap Opp 1500 Friday Small & Mid Cap
Please advise how this portfolio looks to you and now I am looking forward to start one or two more STP’s to park the lump-sum amount. Apparently this is to invest in some other Mid Cap or Balanced Equity funds.
Could you please advise which fund I should consider now considering portfolio overlapping and ideal percentage allocation between Large/Mid Cap. I am looking forward to stay invested for at least 5-7 years.
Dear Tarun,
I could see there are higher allocations to ELSS funds. So, if your goal target year is say 5th year from now, do plan your withdrawals carefully as the units allocated under ELSS funds (SIP/Lump sum) are locked for 3 year period.
Most of the ELSS funds are like Multi-cap or Diversified equity funds. So, suggest you to check the Portfolio overlap % and if it is on higher side say >50% then you can surely trim down your portfolio.
Read: MF portfolio overlap analysis tools.
You may also consider including one balanced fund to your portfolio.
Read: Best Balanced funds.
Hello Sreekanth,
Please see how mine and my wife’s current portfolios look like-
My Portfolio:
SBI Bluechip 5000/pm
HDFC Equity 4000(via STP)
Franklin India Smaller companies 5000/pm
L&T India Value Fund 5000/pm
Axis Long term Equity 3500/pm
ICICI Pru Long term Equity 3500/pm
My Wife’s portfolio:
SBI Bluechip 5000/pm
HDFC Capital Builder 6000(via STP)
HDFC MidCap Opportunities 6000(via STP)
HDFC Balanced 6000(via STP)
Birla Sunlife (ELSS) 5000/pm
franklin Templeton (ELSS) 5000/pm
Birla Sunlife MIP II Wealth 25 Plan 400000/lumpsum
Now I have couple of questions on above allocation,
1.) I think both of us need to increase our allocation in large cap funds as it should be atleast 40-50% of one’s portfolio. As of now we have just one large cap fund in our portfolio but there are muliple diversified/multicap funds present. Please advise if we can consider 50% allocation of multicap as largecap? Also advise by how much both of us need to increase our large cap allocation.
2.) I also understand that I need to have one balanced fund and one Monthly Income Plan in my portfolio (MIP for getting some returns 3-3.5 years from now). Please advise if I am correct on this understanding and if you feel some other modifications required here.
Thanks in advance, again for all your guidance so far 🙂
Dear Tarun,
1 – That depends on your time-frame, expected return on your portfolio & goal amount.
2 – Most of the ELSS funds are like typical Multicap/Diversified funds. So, you may trim down your portfolios on this front.
Kindly use portfolio overlap tools and analyze your portfolios.
Read:
How to select right mutual fund scheme?
Best Equity funds 2017.
Hi Srikanth,
Good day.
I have the following sice 6 months
1. Mirae Asset India Opportunities Fund – Regular Plan (G) (Rs 1000 SIP)
2. Tata Mid Cap Growth Fund (G) (Rs 2000 SIP)
2. ICICI Prudential Value Discovery Fund (G) (Rs 2000 SIP)
Are these ok to continue.
If i need to invest 5000 more in SIP, what would be the other funds?
thanks,
Srinivas
Dear Srinivas ..May I know your investment objective and investment time-frame.
There are better alternatives to TATA mid cap fund.
Hi Sreekanth,
First of all, a really helpful website with brief and to the point detail. I really like the way you have expressed your thoughts and balanced it with facts; most helpful and much appreciated. I have gone for an SIP – Franklin India Smaller Companies Fund Direct (G) option. Now once I have done the initial investment I was notified that I need to select an auto debit option using my HDFC Bank Netbanking option within 15 days. Here I have two questions regarding auto debit from NetBanking –
1. After the initial investment at the time of account opening with Franklin Templeton, I have selected the next SIP start date as 20th September, 2016. While adding the biller of Franklin Mutual Fund (in HDFC bank netbanking), it is giving me an option of SI (standing Instruction). Should I select SI or not? And what should be the date?
2. I heard that these days ECS for auto debit is replaced by NACH. When I’m selecting the above option via biller, is it following NACH standards? Or, would I need to fill in additional forms for NACH (if NACH is at all required)?
Thanks and Regards,
Raj
Dear Raj,
Yes, ECS (Electronic Clearing Service) will be replaced NACH (National Automated Clearing House) from 1st April, 2016.
So, kindly check with your banker.
Dear Mr. shreekanth
I am 30year old state government employee invest in mutual fund from last six month. My investment for 15 to 20 year
…………..my portfolio-
(1) Birla Frontline Equity
(2)icici value discovery
(3)hdfc Midcap opportunity
(4)Franklin smaller company
(5)Axis Long term equity,and Franklin taxshield -ELSS for tax.
I invest in fund throw sip…….
Pls give your opinion…. on this. required and changes…thanks
Durga….
Dear durga,
Your portfolio looks fine.
Suggest you to kindly check overlap % among ICICI value discover, Axis LTE & Franklin tax shield.
Read: MF portfolio overlap analysis tools.
Hi Srikanth ,
i have 2 queries :
a) I have invested 5 lakhs in ICICI pinnacle 2 (max NAV sheme for 10 years + insurance) …it was kind of a stupid decision it seems as the returns are abt 5 percent only now ..I have the option of withdrawing it with current NAV (with my be some TDS reduction) ..So will it a wise decision to redeem it and invest in lumpsum in any Mutul Fund ?
If yes, what is the best MF to invest this in ” lumpsum” right now (in current market scenario) , if my investment horizon for this lumpsum amount is 5–10 years ..
I have ongoing SIPs in HDFC balanced , Tata balanced , Franlin small companies , ICICI value discover , Birla etc (total about 25 k) in total per month ..(having both 5 year and 10 year invest ment horizons) ..I am aged 38 years and have 2 kids (6 years and 2 yeas old)
b) My mother is a senior citizen (pensioner and family pesnioner) ..To get tax benefit in rajiv Gandhi ELSS scheme (25K max tax benefit ) , what should we do ?… Is it that some known mutual funds are available for this, or we can invest ONLy in selected PSU stocks to avail this tax benefit ??
Thanks in advance,
Thomas
Dear thomas,
a – May I know the commencement date of the policy?
b – Besides tax saving, may I know the investment objective and time-frame?
Kindly read:
Kid’s education goal planning..
List of best articles on key aspects of Personal Financial Planning.
Think beyond taxes when investing!
Dear Srikanth ,
On ( a) commencement date of Pinnacle 2 is 2010 December
End of the policy is 2020 Dec (insurance cover is there till that time )
Is it worth to continue this till 2020 , or take the lumpsum now, and put it in some multual funds ( investment time frame is 10 years ) ?..Or as the market is high now ,, is it too risky to put lumpsum in mutual fund ??
On (b)
With Rajiv gandhi ELSS scheme , there is a 25K additional tax benefit (apart from 80c) for my mother ..Thats the only reason.
If this worth in terms of tax saving + returns , or is there any better options for returns alone for a 5 year time frame , guess that would be good ..My mother is 65 years old .
Kindly advise
Dear thomas,
1 – Any time can be a good time to invest in Financial markets considering the fact that you are looking at long time-frame. You may surrender the policy and invest in Equity oriented schemes as per you financial goals.
2 – Kindly think beyond taxes when investing. It is not Rajiv gandhi ELSS scheme but is RGESS. Investments under this scheme are primarily need to be invested in direct equity. The top 100 stocks at NSE and BSE i.e., CNX-100 / BSE -100 are only eligible for investments.
My take would be to just invest in a Balanced fund and remain invested for next 5 years.
I want to go for a short term investment (6 months- 1 year). Which mutual fund should I invest in..?
Dear Nikhita,
Kindly read:
Best Debt mutual funds.
Best Arbitrage funds.
Dear Mr.Reddy,
Thanks for informative articles. I am looking for few good Mutual Funds for SWP options to start in 2016 for period of 3 to 5 years. Please suggest or direct me to existing articles.
Dear Ravindra,
If you can afford to take some risk, you may consider a balanced fund, else MIP or any dynamic debt fund.
Read:
Best balanced funds.
Best MIP funds.
Best debt funds.
Dear Mr. Reddy
I have surplus amount of Rs. 2 lacs and i have no need of this fund till 5-7 years.
Should i invest this funf in Blance fund.
Or in any other plan ? Plz suggest me.
Wait for your prompt reply
Dear abhinav ..Yes, you may consider a balanced fund + Large cap fund.
Ex – HDFC balanced fund + ICICI Focused bluechip fund.
Dear Sir
I have 1 Cr to invest for 10+years
My goal is to have around 25-30% annual return.
Will u be kind enough to share ur views based on ur vast experience and knowledge, keeping urself in my position, as to how u would achieve these goals.
P.s. Tax saving is uptodate, no immediate requirement of money God willing. Already in 30% bracket.
Regards
Dear VS,
25 to 30% sounds a bit unrealistic which may or may not be achieved.
Hello Shreekanth,
I am 30 Years Freelancer, I earn 25 to 30 Lakh per year. currently I have 25 Lakh to invest I need 5 Lakh after 3 months. and remaining 20 Lakh I want to invest somewhere. Please suggest me where can i invest.
I don’t have any investments yet. No Mutual Funds, Stock (100 No of SBI, bought at Rs 185 and 100 No of ITC bought at Rs 189) my all 20 Lakhs are in FD currently. but I want some good returns non taxable (if possible).
Please Advise.
Thank you.
Dear Ram,
Rs 5 Lakhs – Safety of capital is of high priority as the time-frame is just 3 months. You can invest in FD/Liquid fund.
Read: List of best debt mutual funds.
May I know your investment horizon for Rs 20 Lakh investment?
Also read: Why its not advisable to invest in FDs/RDs for long-term?
Hi Sir,
Need your valuable suggestion on SIP for 25 years. I have following in mind for the investment with 2K each for 25 years.
1. DSP blacrock Microcap
2. ICICI value discover
3. birla sunlife pure value
4.HDFC midcap opportnities
5.SBI bluechip fund
Thanking you in advance for your suggestion in my portfolio.
Dear Raj,
Kindly check the portfolio overlap between 3 and 4. Rest looks fine. You may allocate higher % of investment amount to mid/small cap funds for next few years.
Read : MF Portfolio overlap analysis tools.
Sir Thanks a lot for your suggestions, will look for the overlap. Kindly guide me which one shall I opt in case of the overlap, instead of the 3rd one.
Dear Raj..If the overlap % is high (say for example above 50%) then you may retain HDFC mid-cap opp fund.
I checked the wonderful comparison tool by you to find out the overlap & found that it shows overlap has 8 %. I hope that would be fine . Please let me know.
Dear Raj..You may kindly retain the fund in your portfolio.
Thanks a lot Sir
I want whole life investment & wish to use it as FD.
So I want safety & liquidity like in that FD but with minimum tax & equal or slightly more return.
Which fund will u prefer.
Dear Pankaj ..May I know, what do you mean by whole life investment?
It means life time saving for emergency
Dear pankaj ..For accumulating an Emergency fund kindly do not invest in equity oriented investment options.
Read: List of best investment options.
Sir,
Here I means,which debt fund (other than equity oriented)
Dear pankaj,
Kindly go through below articles;
Best Debt Funds 2016.
Best MF MIPs.
Best Arbitrage funds.
I am investing in equity MF through SIP and some times invested lump sum amount .
I am investing in the following schemes.
1. Birla Sunlife Frontline Equity Fund -> Rs Rs 3,000/-/month
2. Franklin India Prime Plus Fund(G) -> Rs 2,500 per month , lump sum amount -> 20k
3. HDFC Balanced Fund(G) -> Rs 2, 500 per month , lump sum amount 20k
4. Mirae Asset Emerging BlueChip-Reg(G) -> Rs 3000/- per month
Kindly advice.
Dear Naresh ..Good ones and kindly keep investing for long-term 🙂
Thanks a lot Sreekanth 🙂
Dear Sreekanth,
I want to invest 2 Lakhs in ICICI Long term Fund ( Debt) for 10 years as the funds past performance is good and its risk free. Pl advice whether I should go ahead.
Dear BIPRAPADA,
Debt funds do come with risks.
Read: Types of debt funds.
10 year is a very long period and interest rate cycles do change which can impact the returns.
Have you considered other options like combination of debt fund + equity oriented funds for such a long time-frame??
Thanks a lot for your advice.
a. I will do accordingly and will avoid this fund.
b. Would be grateful if you could name two such funds where I can put few lakhs. Aim is capital protection + reasonable 9-10 % return
c. Shall I also go for HDFC Balanced fund for similar horizon.
Regards
Dear BIPRAPADA ..Yes you may go ahead.
Read:
Best Balanced funds 2016.
Best MIP funds.
Hi Sreekanth! First of all thanks a lot for your informative blogs…. They help a lot for amateurs like me… Really… Sreekanth I had a doubt regarding the moving average analysis of BSE or NIFTY broad indices…. Suppose I follow the 200 period moving average, but what is the overall length of the index graph that I should consider, because the same 200 period moving average graph changes pattern when I consider the overall period of 3 days, 1 month , 6 months or 1 year…. what overall period should we consider for investment purpose… say lumpsum investment in elss purpose for example… Thanks Again!
Dear Bishwadeep,
That is only one of the factors you can consider to invest additional investment in the existing SIPs.
The indices can be the benchmarks that are linked to your existing MF schemes.
Dear Sreekanth… Thanks a lot! But Sreekanth what I wanted to know is what is the overall time length of the index graph that we can consider (3 days or 1 month or 6 months) for analysis if we compare with the 200 period moving average? Thanks again….
Dear Bishwadeep ..I follow last 200 day avg. But again, it depends on various other factors too.
Dear Sreekanth,
Thanks a lot for your advice… Its been great help… A bit more of study regarding the market is required then from my side before becoming able to invest in lumpsum…
Dear Sreekanth , i want to invest 9k/month in SIP in an ELSS for saving tax. I am confused between –
1. Axis Long Term Equity Fund
2. Birla Sun Life Tax Relief 96
(Portfolio overlap of 22%).
Should i invest equally (4.5K) in both ?
Can ELSS be trusted for giving returns on long terms like Large/Midcap MFs ?
I am also considering Tata India Tax Savings Fund – Reg (G) which is ranked No 1 by CRISIL.
Dear Ashay,
Kindly note that the rankings/star ratings are based on recent performances only.
Kindly look at the returns generated over longer period (5 or 10+ years) and then take investment decision.
Read the articles shared in my previous comment.
Dear Ashay,
Most of these ELSS funds are like Multi-cap funds with 3 year lock-in period.
Personally, I invest in Axis LTE fund for tax saving + a long term financial goal.
Read: Best ELSS funds 2016.
Please suggest one or two sip plans to be selected for short term 1 or 2 yrs
Dear Archana,
Kindly go through below articles;
Best Debt mutual funds.
Best Arbitrage funds.
Best MF MIP funds.
Hello Mr Sreekanth,
Please consider my SIP portfolio. My objective is a wealth building portfolio with withdrawals in 5 yrs, 10 yrs and 15 yrs. I am willing to undertake moderately high risks.
For 5 yrs –
1. Birla SL Dynamic BF Ret(G) – 1.5k – Debt Short Term
2. DSPBR MicroCap Fund Reg (G) – 1k – Mid & Small Cap
3. HDFC MidCap Opportunities Fund(G) – 1k – Mid & Small Cap
4. Franklin India Smaller Growth Cos. – 2k – Mid & Small Cap
(Planning to Start this SIP)
For 10 yrs –
1. BNP Paribas Equity Fund(G) – 1.5k – Large Cap
2. ICICI Pru Focused BlueChip Eq Fund(G) – 1k – Large Cap
3. Mirae Asset Emerging BlueChip-Reg(G) – 2K – Mid & Small-cap
4. ICICI Pru Value Discovery Fund (G) – 1k – Diversified
(Planning to Start this SIP)
5. L & T Value Discovery Fund (G) – 1k – Diversified
(Planning to Start this SIP)
For 15 yrs –
1. SBI Blue Chip Fund (G) – 5k – Large Cap
(Planning to Start this SIP)
• Please rate my Portfolio out of 10 as per my objective. Do you suggest any changes in it to meet my objective.
• Is SIP in any of the above MFs applicable for tax saving ?
Regards ASHAY PAL.
Dear Ashay,
Few observations as below;
1 – It can be very risky to allocate more money to mid/small cap Funds for investment horizon of say 5 years.
2 – It may not be really beneficial to invest in multiple (too many) funds from the same fund category.
Read:
What are Large/Mid/Small cap funds?
MF portfolio overlap analysis tools.
3 – For an investment horizon of say >10 years, you can invest more in mid/small cap funds.
Read:
How to select the right mutual fund scheme based on risk ratios?
hi sreekanth,
if i want to select one which was best for 10+year
(1) hdfc Midcap opp. or
(2) Mirar emergency bluechip.
pls suggest.
Dear prem,
Both are good funds.
Read: How to select the right mutual fund scheme based on Risk ratios?
what is mean of turnover 100% 130%. hoe effect it a fund
Dear Prem,
I believe that you are referring to ‘Turnover ratio’.
If a fund has 100% turnover, the fund replaces all of its holdings over a 12-month period.
dear shri,
((1))my portfolio. (1)icici value discovery (2)Franklin smaller company (3) axis LTE. for 10+years its ok and required any changes.
((2)) fund will find it difficult to perform once their asset size goes above 10,000 crores. That is why some fund houses stopped accepting fresh investment if the size reaches certain level. its ture or not i want to add HDFC Midcap opp. amu with 11000cr. whats your view about this fund for long term…
Dear prem,
1 – Its good.
Personally I do not worry too much about AUM.
Hello Sreekanth,
Many thanks for putting a good detailed explanation about mutual funds at one place. I have not yest started investing in MF. I am very conservative but have term insurance and health insurance. Now I feel I have to start investing in MF to meet future financial obligations like children educations, marriage and after retirement life.
One kid is 12yrs old and other one is 8yrs old. I want to invest 20K/month in the mutual fund. I went through the complete article and your suggested link of MF overlap tools. I just lost and not able to decide. Still I need your advice or suggestions to decide in which funds I should invest. Kindly let me know the exact name of the plan for investment with fund allocation from 20K/month I want to invest.
Regards,
Deepkiran.
Dear Deepkiran,
Kindly go through below articles and you may revert to me;
Kid’s Education goal planning (with calculator).
Retirement planning calculator.
How to select best mutual fund scheme based on Risk ratios.
List of best investment options.
Dear Sreekanth,
I went through the reference link shared and found good explanation. As I mentioned earlier, I never invested in any mutual fund and have no knowledge. Based on going through the reference link it is very difficult for me to go ahead and invest in any fund. I selected to invest in below funds and request you to guide and confirm it is right decision or not.
1. For less than 5yrs Birla SL Dynamic BF Ret(G) – 5K
2. For 10+yrs Franklin India Smaller Growth Cos. – 5k – Mid & Small Cap
3. For 10+yrs ICICI Pru Focused BlueChip Eq Fund(G) 5K
Regards,
Deepkiran.
Dear Deepkiran,
1 – If you have short term goals with a time-frame of 3 to 5 years then you can consider a debt fund (you have chosen one) + MIP / a balanced fund.
Ex – Birla MIP II Wealth 25 plan / HDFC Balanced fund.
2 – Good one.
3 – Good one.
Thank you for the reply. I really appreciate.
Regards,
deepkiran
Hi, sreekanth
Thank you for educating us. I took serious steps regarding insurance, investments etc…
I have a small query.
What will be the NAV of SBI bluechip fund (G) after 20 years assuming 20% CAGR.
Dear RAMA Mohan,
Current NAV is Rs 31 (regular plan – Growth). The projected NAV can be Rs 1188.
Hello Sreekanth,
Good morning !
I want to invest in a monthly SIP of 9000/- with a horizon of 18 yrs (towards retirement corpus).I was planning to invest the same in equal proportions across Franklin India Smaller Co’s fund & HDFC mid-cap oppurtunities fund.Is this ok ,please suggest.
Also please suggest as i want to invest 1,oo,ooo/- as a contingency fund .Should i invest in a tata balanced fund or Birla MIP II wealth 25.
Existing funds ongoing (all direct growth) :
Franklin India smaller co’s fund (sip)
HDFC mid cap oppurtunities fund (sip)
Tata Balanced fund (sip & lump sum)
Birla MIP II wealth 25 (lumpsum)
Icici pru focussed bluechip eq fund (sip)
Franklin India Prima plus (sip)
Franklin India taxshield (sip)
Franklin India high growth co’s fund (sip)
Regards,
Roy
Dear Roy,
Kindly go ahead!
For accumulation of your Emergency Fund, you may consider combination of Cash + FD + Liquid debt fund / Arbitrage Fund.
Kindly read:
List of best investment options.
Best Debt mutual funds.
Best Arbitrage Funds.
Kindly check portfolio overlap among the funds – Read: MF portfolio overlap analysis tools.
Dear Sreekanth,
Plan to invest as follows:
Bank FD : 25 k
ICICI Prudential Equity Arbitrage Fund-Direct Plan(G) : 50 k
Franklin India ultra-short bond fund-super institutional plan-direct plan (G): 25 k
Is the above ok.Please advise.
Regards,
Roy
Dear Roy ..And some amount in CASH 🙂
Dear Sreekanth,
Good Morning !
I do maintain a balance of 25-30 k in case of a emergency and hence the above split.Is it ok and should i make any changes.
Regards,
Roy
Dear Roy..Kindly go ahead with your investment strategy.
Dear Sreekanth,
Thank you for your guidance.
Regards,
Roy
hi I am new to MF . Although I followed my instinct and invested a lump sum amount in SBI Blues chip direct fund recently.
Now I want to invest through SIP and I need high returns though for me risk is not a factor let it be highest.
I have limited options as HDFC, ICICI, AXIS wants to open an account first in their bank and maintain a regular balance so they are left out also Franklin and some other big players doesn’t have branches in my state.
now only options seems to me is birla. so here are my picks
BIRLA SUN LIFE BANKING AND FINANCIAL SERVICES FUND
BIRLA SL MNC FUND
BIRLA SL MID CAP FUND
Dear saumyadip,
You may opt for online mode (do not limit your options just because an AMC does not have a branch in your location).
You can have a bank account with any bank for investing in mutual fund schemes.
Kindly read:
What are direct plans of MFs? How to invest in Direct plans?
Hello
First of all you article is very good and I have gained a lot of knowledge after reading it. I am 27 years old. I am going to invest in MF via SIP for the first time in life. i am aware of the risks. I can invest Rs 1000 monthy in two different AMC for 5 years and 10 years. Can you suggest me which AMC will be better for me? I am willing to take moderate risk.
Thank you in advance.
Dear Ashwash,
You may consider one balanced fund for 5 year horizon. Ex – TATA Balanced fund or HDFC balanced fund.
And one diversified equity fund for 10 year horizon. Ex – Franklin Prima plus or ICICI Pru value discover fund.
Kindly read: How to select the right mutual fund scheme based on the measures of volatility?
Good noon Srikanth,
Thanks for the wonderful service. As of now I invested only in LIC. After saw this I would correct my mistake. Now planning to invest in SIP for MF.
Please find my portfolio and correct the same kindly also advice the percentage also.
1. Icici Pru Value discovery fund.
2. Icici pru focused blue chip equity fund.
3. Tata balanced fund.
4. Hdfc balanced fund.
5. Viral sun life front line equity fund.
6. Mirae asset opportunity India fund.
Thanks,
Satheesh
Dear Satheesh,
If possible, do share the LIC plan details (plan name, commencement date, tenure etc)
May I know your investment horizon?
Read:
MF portfolio overlap analysis tools.
How to select the right MF scheme based on the risk ratios?
Hi Sreekanth,
Thanks a lot for considering my request. Planning to invest in 5 to 10 years. No specific goal for me. planning to create good wealth. investment horizon for 5 to 10 years
Here is the requested details:
1. Plan name : Jeevan Saral
Yearly Premium : 100000.
Commencement year : May 2013
plan close year : 2025
2. Plan Name : Jeevan Tarang
yearly Premium : 100000
Commencement year : Apr 2010
Plan close year: 2020
3. Plan name : Jeevan Anand ( Completed )
Yearly Premium : 100000
Commencement year : 2005
Plan closed year : 2010
Regards,
Satheesh
Dear Satheesh,
Suggest you to buy a Term plan (if you do not have one) with adequate life cover.
You may consider surrendering jeevan saral and jeevan tarang plans.
Read:
Traditional life insurance plan – a terrible investment option?
IF life is unpredictable – insurance cant be optional.
How to get rid off unwanted life insurance policies?
Best Term insurance plans.
All the funds are good ones. Kindly check overlap between fund 2 and fund 3 & between Fund 2 and Fund 6.
Thanks a lot Sreekanth. Will close the jeevan Saraland Tarang. As of now no term plan for me , will open the same.
Thank you.
Hello Sreekanth,
I have recently started investing in mutual funds. My main purpose is for long term goals (10-12 years). I am making a monthly SIP of Rs. 40000 per month. Please advise if below portfolio looks good or should I make any changes in terms of amount, eliminating or changing the funds.
Tata Balanced Fund (G) – 6000
L&T India Prudence Fund Reg (G) – 6000
SBI Bluechip Fund Reg (G) – 10000
Kotak Select Focus (G) – 5000
BirlaSunLife Frontline Equity Fund (G) – 5000
Franklin India Smaller Cos Fund (G) – 4000
L&T India Value (G) – 4000
Thanks,
Hemant
Dear Hamant,
All the funds are good ones but you may try to trim down you portfolio a bit.
Kindly check the portfolio overlap between the funds which are of same fund category.
Read:
What are Large/Mid/small cap funds?
MF Portfolio overlap analysis tools
Thanks Shreekanth for your prompt response.
Please advise if percentage allocation looks good to you.
Large Cap Euqity Funds – 50%
Balanced Funds – 30%
Small & Mid Cap Equity Funds – 10%
Diversified Equity Funds – 10%
I checked the overlap between Large Cap equity funds and it is in 30%-40% range. Please advise, if I need to take off any of the large cap equity funds from my portfolio.
Thanks once again.
Hemant
Dear Hemant,
If you are investing for very long-term, you may take out one Large -cap fund and increase the allocation to Diversified & small/mid-cap funds.
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I am investing in equity MF through SIP and plan to accumulate 1 cr in 10 years. I am investing in the following schemes.
1.ICICI prudential Value discovery fund Rs 10,000/-/month
2. Birla Sunlife Frontline Equity Fund Rs Rs 10,000/-/month
3.HDFC Mid-Cap opportunity fund ( growth) Rs 5000/- per month
4 Franklin india Flexi Cap fund Rs 5000/- per month
5. Kodak MF Rs 5000/- per month
Total investment Rs 35,000/- per month. Is the investments correct or some modifications are required.
Dear Shobhit,
Kindly check the Portfolio overlap between 1st and 4th funds, as both are Multi-cap oriented funds.
Read:
MF portfolio overlap analysis tools.
What are Large/Medium/Small cap funds?
What is the scheme name of Kotak?
Hi ,
I am planning to invest 5 to 6K on monthly basis for 5 to 7 years. in below schemes. My motive is to save tax and invest in Direct plans through (https: //www. mfuindia.com)
Axis Long Term Equity Fund – 3000/month
Birla Sunlife Tax Plan – 3000/month
Can you please confirm me if i can go ahead with these funds or any changes required? I am concerned about overlap in selected funds and I am not much aware about it, request you to confirm on this front as well.
Thanks
Dear Santosh,
Kindly check the overlap.
Read:
MF Portfolio overlap analysis tools.
Best Equity funds 2016.
Hello Sreekanth,
First of all let me thank you for educating us about MF. After reading your blog on a regular basis I have convinced myself to invest in MF. I am 33 yr, married, have a daughter (3 yr age) and monthly income is ~ 80 k. Here was my portfolio before reading your blog:
No retirement plan, no plan for daughter’s marriage/education, had a bunch of LICs, no term plan, no accidental coverage, no health insurance.
I have chosen a term plan (HDFC click2protect, still medical check up pending) of Rs 75 lakh. Once I get this plan, I will make all of my LIC policies paid off (most of them are more than 3 yr); I am having health insurance of 2 lakh (for myself and family) and accidental coverage from my company. However, I am planning to buy additional plans shortly…
As I told you, I am a new investor and mostly of conservative type but can take little risk…
here is my financial plan:
I have started allotting emergency fund. Aiming for Rs 2 lakh at the end of this financial year and planning to invest some portion in FD from next year for daughter’s school expense.
For any ‘intermediate(10-12 yr) Expense’: HDFC Balanced Fund (3000/m)
Daughter’s education and marriage (15 yr to 20 yr):
Investment planning: SSA: 2000/m; Mirae Emerging Blue Chip (3000/m) (I do not have any definite planning for ‘intermediate expense’, thus the money from HDFC can also be utilized for this purpose)
For my retirement (20-25 yr): EPF (6000/m, deduction at the source), PPF (2000/m), Axis Long Term Equity (3000/m; EPF+PPF+SSY+ELSS – 1.5 lakh for tax savings), Franklin India Prima Plus (4000/m), Franklin India Smaller co (3000/m) and Tata balanced Fund (4000/m) ( I am little confused here to choose a large cap like Birla Sunlife Frontline Eq Fund which will be comparatively low risk or a balanced fund)
Please let me know your suggestions/comments about allocation of fund/portfolio overlap…Did I choose too many funds?
Please let me know…thank you in advance and keep educating us…
Dear Basak,
I am very glad to know that my articles have been useful to you to prepare a simple and effective Personal Financial Plan.
1- Kindly consider taking a stand-alone personal accident insurance plan.
Read: Best Personal Accident insurance plans.
2 – Have a look at Super top up health insurance plans.
3 – MF portfolio looks fine. If possible, you may increase the allocation to Franklin smaller companies fund.
Read: List of articles on the key aspects of Personal Financial Planning.
Kindly share the articles with your friends. Thank you!
I need to invest rs.100000 for 3 to 5 years in one time.
please suggest me some good funds for one time investment.
Dear Arup,
Kindly go through below articles;
Best Balanced funds.
Best MF MIP funds.
Best Debt funds.
Thanks a lot.
Hi Sreekanth,
For long term future for around 10+ years, if you have to choose one among UTI mid cap and HDFC mid cap, which one you would recommend?
Thanks
Dear Prem..Both are good funds. If for fresh investment, may be HDFC fund, as the fund manager of UTI mid-cap fund has been changed.
Read: How to select the right mutual fund scheme based on measures of Volatility?
Thanks,
Precisely, that is why I choose these two funds based on those factors of SD, alpha, B, Sharpe Ratio. Thanks for educating a people like me through your blog. Appreciated!
Dear Sreekanth Reddy
It is enough good for me to visit your site, earlier I had a little knowledge of SIP, but after reading your site it has developed my knowledge remarkably.
I have planned to invest Rs. 40000 P.M. through SIP from this month for 7 to 10 years and I have decided to invest as following:
1. Large Cap Funds Rs.4000
2.Diversified or Multi-cap category Rs.6000
3.Small & Mid-cap fund category Rs.16000
4.Banking Funds Rs.6000
5.Pharma Funds Rs.6000
6.Thematic Funds Rs.2000
Could you please let me know whether my portfolio is good one or not? and help me to choose best MF’s in their respective categories or do I need to make any changes in my portfolio?
Dear Sunny,
So, approx 35% of your portfolio would be in Sector based funds.
Kindly understand the respective businesses/sectors and then invest. These are high risk category funds.
For 1, 2 & 3 kindly refer the above article.
Suggested articles;
MF portfolio overlap analysis tools.
How to select the best mutual fund based on the Risk ratios?
Hi Shrekanth,
Hope you doing good.
Kindly have a look at my mutual fund portfolio below:
AXIS LONG TERM EQUITY FUND – GROWTH PLAN Rs. 3000
HDFC MID CAP OPPORTUNITIES FUND – GROWTH Rs. 10000
RELIANCE EQUITY OPPORTUNITIES FUND – GROWTH PLAN Rs. 10000
ICICI PRUDENTIAL FOCUSED BLUECHIP EQUITY FUND – REGULAR PLAN – GROWTH Rs. 5000
ICICI PRUDENTIAL VALUE DISCOVERY FUND – REGULAR PLAN – GROWTH Rs. 5000
TATA BALANCED FUND Rs. 5000
All above mentioned investment with monthly sip amount, is for long term goals(15+ years), that’s why I have allocated more than 50% in small & mid cap funds.
Here my questions is : Should I continue with “RELIANCE EQUITY OPPORTUNITIES FUND”? I have been investing in this fund since March 2013 and my unrealized profit is 12.56% . But as per moneycontrol.com or other fund rating portals, its CRISIL rank is 2 star and there are much better(rating wise) funds in this category, if i look at the Peer Comparison section of this fund. So, I am thinking about changing this fund with a better one.
It would be great if you can help me in streamlining my portfolio by changing any fund or its allocation.
Thanks and Regards
Dear Anil,
Reliance fund is a Mid-cap oriented fund. As you are investing for long-term (15+ years), you may add one Small cap fund like Franklin Smaller cos fund or DSP micro cap fund to your portfolio instead of the Reliance fund.
Suggested articles;
MF portfolio overlap analysis tools.
How to select the best mutual fund based on the Risk ratios?
Dear Sreekanth,
Do you suggest these funds by chance? DSP Black Rock World Gold Fund, they invest in gold mining, I suppose. This MF is 90% increase in 1 year.
Do you suggest to include this in my portfolio, may be for 5-10% of portfolio?
Thanks
Dear Parimal,
Personally, I don’t invest in Gold or gold funds.
One can buy gold for consumption (jewelry).
Read: Is gold still the safest investment?
Hi Shrikant,
I am 33,
My goals are
1. 2 Children Education (16yrs)
2. Retirement (30yrs)
3. Emergency fund (Short term 1-2yrs)
I have invested recently in below funds
1. Franklin India Smaller Companies Fund -1000
2. ICICI Prudential Value Discovery Fund -1000
3. SBI Blue chip fund – 1000
I want to invest more Rs3000-5000 for above goals. Kindly suggest me some good funds. I can take risk.
Few on my list are 1. DSP Micro Cap 2. Birla sunlife frontline equity fund 3. SBI Magnum Gilt Fund
Also I want park some (Rs20000-30000) of the savings from bank to some debt funds for better returns than bank.Kindly suggest some.
Thanks !
Dear Saurin,
Funds are good ones.
You may invest in the same existing funds itself.
Read:
Best Debt funds 2016.,
Kid’s education goal planning & calculator.
Retirement planning goal & calculator.
Hi Sreekanth,
I am a new investor, I started SIP in below funds.
5+2 = 7K in DSP BlackRock Micro Cap Fund – Regular Plan (G)
3K in Mirae Asset Emerging Blue-chip (G)
2K in HDFC Balanced Fund (G)
Did I choose right fund, my goal is to create long term wealth, i can invest for long term, I want to invest 3-5K more, which fund i should choose. I can take risk but at the same time don’t want my money to be vanished.
Please advice.
Thanks
M. Lal
Dear M. Lal,
Taking risk itself means money can be vanished, am I right? (negative returns).
If your investment horizon is long-term, you may invest additional sums in the existing funds.
sir how to diversify the sip
Hello Shrekanth,
I have started SIP in UTI Mid Cap Fund few months back. But, Recently Fund Manager is changed of this Scheme.. Previous Fund Manager Anoop Bhaskar was doing well i think.. New FM is Lalit Gopalan Nambiar.
So Please tell me should i continue or not the SIP in UTI Mid Cap as the Fund Manager is changed?
Sir please guide me in this.. Waiting for your reply… Thx…
Dear Pradeep,
You may give some more time before making a Switch. Personally, I have investments in this fund.
Dear Sreekanth,
I am new baby of SIP.I want to invest 5000/- per month in SIP for retirement,child education for 15 yrs.could you please which fund are good return please advice me.
Dear Swagat,
Suggest you to kindly first go through below articles;
Kid’s education goal planning & calculator.
Retirement planning goal calculator.
List of articles on the key aspects of Personal Financial Planning.
Hi Sreekanth,
I hold the blow MF for the past 12 Months. Could you put some suggestions for these:
Birla Sun Life MIP II -Wealth 25 Plan (G)
HDFC Balanced Fund (G)
Reliance Pharma Fund (G) — (SIP finishing in 2 months)
SBI Magnum Global Fund (G) — (SIP finishing in 2 months)
Tata Balanced Fund – Regular Plan (G) – (1Yr SIP finished)
I am fine with holding these or redeem and invest in something else if not good. As of now, I am not at loss with all of them (and profit under 8%). Also I would have some more room for further investment. So, Should I continue investing in to these or should look for new funds?
Pls let me know.
Thanks
Manu
Dear manu,
Reason for opting MIP fund?
Read; Best MIP funds
HDFC & TATA balanced funds are good ones.
If you understand the pharma sector business, you can hold on to the fund.
SBI Global fund is a Mid-cap oriented fund. I believe that there are better funds available in this space.
Read:
My MF portfolio.
How to select the right MF scheme based on risk ratios?
What are Large/Mid/Small cap funds?
I invested the money which i took from my FD and put in MIP (safe bet) like a FD. No other particular reason.
Pharma – Invested understanding that as High Risk. But the SIP is for another 14months (not 2 months).
SBI Global – I took it up as suggested by my MF broker. I will redeem this and invest in something better once it completes 1yr.
So, Which one should I keep investing? or should I select something new?
Dear manu,
You can continue with your Balanced funds and can add one Diversified Equity fund to your portfolio.
Hi,
I have these mutual funds from last 2 years. Your reviews please.
HDFC PRUDENCE FUND – REGULAR PLAN – GROWTH
HDFC SHORT TERM OPPORTUNITIES FUND – REGULAR PLAN – GROWTH
HDFC MID-CAP OPPORTUNITIES FUND – REGULAR PLAN – GROWTH
ICICI PRUDENTIAL FOCUSED BLUECHIP EQUITY FUND – GROWTH
UTI OPPORTUNITIES FUND GROWTH
Franklin India Smaller Companies Fund GROWTH
MOTILAL OSWAL MOST FOCUSED 25 FUND – GROWTH
SBI PHARMA FUND – REGULAR PLAN – GROWTH
Dear Avinash,
You may kindly trim down your portfolio.
Read below articles:
MF portfolio overlap analysis tools.
How to select the right MF scheme based on risk ratios?
What are Large/Mid/Small cap funds?
Hi Shreekanth,
After reading your blogs, i am not able to hold myself to share my current portfolio with you and excepting your suggestion over this. I am 29 years old married working women. My investment is not for a specific future goal. I want to invest for making huge corpus which i will invest in property.
My portfolio is as under.
1. Frankline India Opportunity Fund- Rs. 1,000 (Monthly SIP)
2. Reliance Regular Saving Equity- Direct- Growth Plan- Rs. 1,500 (monthly SIP)
3. DSP BlackRoack Top 100 Equity-Direct- Growth Plan- Rs. 2,000 (monthly SIP)
4. HDFC Top 200 Fund-Direct- Growth Plan- Rs. 2,000 (monthly SIP)
Following are my lumpsum investment:
1. Franklin India Taxsheild- Rs. 32,000
2. HDFC Mid-cap Opportunity Fund- Direct-Growth Plan- Rs. 48,000
3. HDFC Top 200 Fund- Growth- Rs. 13,000
4. Birla Tax Relief 96 Fund- DP-G- Rs. 20,000
5. Axis Long Term Equity Fund- Rs. 30,000
6. Religare Invesco India Tax Plan- DP-G- Rs. 30,000
7. Reliance Tax Saver- DP- G- Rs. 47,000
For tax saving purpose i will start SIP in Axis, Birla and Religare tax plan.
Please suggest, can i continue with present SIPs?
Dear Mamta,
Most of the funds in your portfolio are good ones. But investing in too many may be be beneficial.
Also, for tax saving purposes you may limit your investments to 1 or 2 ELSS funds.
Kindly read:
MF portfolio overlap analysis tools.
How to select the right MF scheme based on risk ratios?
What are Large/Mid/Small cap funds?
Please pic one fund among SBI blue chip fund and ICICI Prudential Focused blue chip equity fund for long term(minimum 7 years).
Dear Suresh,
Both are decent funds and have been performing well from RETURNS point of view.
So, we have to check and compare the two based on the measures of Volatility or risk ratios.
Below article can give some idea about this, kindly go through it;
How to select the right fund based on the risk ratios?
Dear srikanth,
I am 40 yrs old and my Portfolio is
1) ICICI pru value discovery Direct Growth – 2000/month
2) TATA balanced fund DG – 1500/month
3)Franklin india High growth Co. DG – 1500/month
4) Franklin india smaller cos -DG – 1500/month
5) sundaram SMILE Reg. Growth – 2500/month
6) Kotak emerging Equites Reg. Growth – Lumpsum ( Rs.50000)
As 1 year finished,Funds 5&6 doing under performance and wants switch to better funds. I can tolerate moderate risk .
Pl. advice two funds or can i continue in funds 5&6 for another 1 year.
My goal is 10 Years investment for girl child (Age 8 Yrs) education and marriage. Thanks in advance.
Dear Subbiah,
5 & 6 – You can redeem the units and move to 4th fund & 2nd fund.
Kindly read:
What are Large/Mid/Small cap funds?
How to select the right Mutual fund Scheme based on risk ratios?
MF Portfolio overlap analysis tools.
My Portfolio:
Aim: Wealth creation for a 10 years for child education
Wealth creation for a period of 15 to 20 years for Retirement.
Iam currently 35 years of age and have around 20k Surplus every month to be invested into Mutual Fund.
Below is my portfolio:
Large Cap:
Quantum Long Term Equity fund : SIP- Rs 2000 per month – Increasing to 4000 Rs per month from this onwards
Small / Mid Cap:
DSP BlackRock Micro Cap fund growth – Rs 1000 SIP per month
Diversified Fund:
UTI MNC Fund growth:- Rs 1000 SIP Per month
Balanced Fund:
HDFC Balanced fund growth : Rs2000 SIP per Month
L&T India Prudence fund growth: Rs 2000 Per Month
Long term Debt Fund:
HDFC High Interest fund dynamic plan (G) : Rs 1000 SIP per Month
Reliance Dynamic bond fund growth plan (G) : Rs 1000 SIP Per month
Short Term debt:
Birla SUNLIFE Treasury Optimizer Plan (G) : Lumpsum Rs 5000
ICICI Prudential Banking and PSU Debt Fund – Direct Plan(G) : Lumpsum Rs 5000
Credit Opportunities fund:
DSP BR Income Opportunities Fund (G): Rs 1000 SIP Per Month
Please let me know if there is any changes needs to be made ? Are the selected funds good ?
Dear John_Fact,
May I know the reason for opting debt funds for your long term goals? Would like to know your viewpoint??
Kindly read:
Kid’s education goal planning & calculator.
Retirement goal planing & calculator.
Hi Sreekanth,
I have choosen debt just for a stable portfolio in the longer run in case there is a market crash.
Is it wrong ?
Dear John_fact,
Nothing wrong. But what % of your entire MF portfolio is in Debt Funds? That’s very important.
For long-term goals, investing in equity oriented funds as much as possible and as frequently as possible can be beneficial.
iam looking to almost 40% of debt fund.
Let me if i need to reduce it.
If so i will cut down the long term debt funds.
Also how is the equity portfolio looking like ?
Dear Fact_John,
Personally I prefer to invest in Equity oriented Balanced funds to bring the balanced effect for my long-term portfolio.
Point is to invest as much as possible in equity funds for long-term goals.
In case if you would like to have a bit conservative / moderate portfolio then nothing wrong in investing in debt funds.
Hi Sreekanth,
Thanks for your guidance.
1. I want to invest 50000 lumpsum in MFs for 10 years.
2. I want to start 2 SIPs for 5 years minimum.
3. I am investing 1000 each through sip in Franklin India smaller co fund-direct growth and Icici Pru value discovery fund – direct growth since last month for 20 years minimum.
Please guide me for 1-2 and is no 3 a good decision or not?
Please reply
Thanks
Dear Rajesh,
1 – You may add this to your ICICI fund itself.
2 – HDFC Balanced fund + ICICI fund
3 – Good one.
Dear sir,
I m 29 years old and my monthly salary is 20k.
My employer is providing PA Cover -10lakhs,Term plan of 6 lakhs and Health insurance up to 2Lakhs and also have 1 LIC (Jeevan Anand) Policy with 2Lakhs sum insured.
Being working in private organization in an insurance sector,my earning can be inceased or decrease.
Currently I can invest 10k monthly and have planned my financial goal as follows.
1.DSP BLACK ROCK MICRO CAP FUND-DIREC PLAN -2500/- per month till 15 Years for my child education (expense would be 15 Lakhs.)
2.FRANKLIN INDIA BALANCE FUND-DIRECT PLAN-1500/- per month till year 3 for depositing Lumsum amt since i want purchase shop whose amt would be 15 lakhs.
2.AXIS LONG TERM EQUITY FUND-DIRECT PLAN-1000/- per month till 30 years for retirement.
3.HDFC SMALL AND MIDCAP FUND-DIRCT PLAN-1000/- have been running since 2.00 years.
4.Investing 1000/- in post office MIS Plan.
Finally deposit 4k per month in my saving bank account to meet emegency requirement.
Pls suggest and advice in case if any changes require in overall portfolio.
Pls pls advice me so that my portfolio becomes strongly.
Dear Kamal,
Kindly buy stand-alone insurance covers and do not depend entirely on Employer provided group covers only.
Read:
Best Personal accident insurance plans.
Best portals to compare health insurance plans.
Benefits of Super top up health plans.
Best Term insurance plans.
Your MF portfolio looks fine.
May I know the reason for saving in MIS plan?
Dear Sir,
I m investing in post office MIS Plan on account of security purpose. (low return but fully secure.)
Dear Sir,
Need 1 more suggest pertaining to MF which is as below.
1.Should i replace my balance fund from Franklin Balance fund to HDFC Balance fund (SIP 1500/- per month)? because lot’s of people suggest for HDFC balance fund instead of Frankin.
2. Should i replace my Diversified Equity fund from HDFC Small and MIDCAP fund to Franklin India High growth fund (SIP-1000/- per month for long term purpose minimum 5 years)
I need your recommendation on this purview.
one more thing which i forgot in above comments, i want to invest 20k lumsum amt for 3 years in Birla sunlife mutual fund.
Pls suggest or guide best funds.
Thanks..
Dear Kamal,
Kindly read below articles;
Best MF MIP funds.
Best Debt funds.You may also invest part of it in a balanced fund which you already have.
Dear kamal,
1 – Both are decent options. If you observe the last 5 year returns, Franklin fund has given returns of around 14.59% and HDFC balanced fund given 14.71%.
You may read this article and can shortlist the better one.
Read: How to select the right MF scheme based on measures of risk?
2 – HDFC’s fund is a mid-cap oriented whereas Franklin’s is a multicap. If your time-horizon is around 5 years, you may opt for Franklin fund.
Dear Sreekanth,
I am bit confused about my MF. I don’t need money till 15-20 years years.
I already have following two sip
1) HDFC balanced fund
2) Franklin smaller companies fund
and I want to choose 2 more funds from following
3) Franklin India Prima Plus/ICICI Pru Discovery Fund/Mirae Asset Emerging Blue/HDFC Mid-Cap Opportunities/Franklin India prima fund
From no 3, I want to choose 2 funds, Can you please help in choosing two funds
Thanks,
Dear Parimal,
You may opt for ICICI Value discovery and Mirae Emerging..fund.
Dear Sreekanth,
Thanks for email. Just to be sure, primary objective is to have funds for child education after 14 years and retirement after 20+ years. Additionally I have some FD in my debit portfolio, So Can I have these 4 funds for same purpose with 25% money allocated to HDFC balance, Franklin smaller, ICICI pru value discover, Mirae emerging blue chip?
Thanks
Dear Parimal,
As you have long-term horizon, you may increase allocation to mid/small cap fund & diversified equity fund.
Kindly read:
Retirement goal planning & calculator.
Kid’s education goal calculator.
List of articles on the key aspects of Personal Financial Planning.
Thanks for kind reply Shreekanth. As per you suggestions, I have choose following 4 funds with 25% allocation.
1) HDFC balanced fund
2) ICICI pru value discover fund
3) Franklin smaller companies fund
4) Mirae asset emerging bluechip fund
Additionally, I have some FDs as debit fund
QUESTION- Do you think
A) ICICI pru value discover fund- Despite being AUM 11000crore+, Is there any worry? I heard if some stock has above 10000-15000cr AUM then its bound to fail sooner or later. Do you prefer Franklin India Prima plus or still this? I have started the SIP but 1st SIP will be due in Mid august so I cn still change, if really needed.
Thanks again
Thanks
Dear Parimal,
Don’t worry about AUM size. ICICI fund is more aggressive in its investment strategy than the Franklin fund. So, if you would like to add a bit conservative option then you can go for Franklin fund.
Thanks SreeKanth,
Then I will stick with ICICI Pru. At the end being more aggressive is better if they give better return during bull time as well
I am 48 years old, holding 40 Mutual Fund Portfolios for the total amount of 42 Lakhs as per below:
1 Axis Long Term Equity Direct-G
2 Birla SL Frontline Equity-G
3 Birla SL MNC-G
4 Birla SL Top 100-G
5 Canara Robeco Equity Diversified Reg-D
6 DSPBR Micro Cap Reg-G
7 DSPBR Top 100 Equity Reg-D
8 Franklin India Bluechip-D
9 Franklin India Bluechip-G
10 Franklin India Feeder Franklin US Opp-G
11 Franklin India Prima-G
12 Franklin India Smaller Companies-G
13 HDFC Childrens Gift Inv
14 HDFC Mid-Cap Opportunities- G
15 ICICI Pru Banking and Financial Services-G
16 ICICI Pru Dynamic-G
17 ICICI Pru Exports and Other Services-G
18 ICICI Pru FMCG-G
19 ICICI Pru Focused Bluechip Equity-G
20 ICICI Pru Technology-G
21 ICICI Pru Top 100-G
22 ICICI Pru Value Discovery-G
23 IDFC Premier Equity Reg-G
24 Invesco India Mid N Small Cap-G
25 Reliance Equity Opportunities-G
26 Reliance Gold Savings-D
27 Reliance Pharma-G
28 Reliance Tax Saver-G
29 SBI Emerging Businesses-G
30 SBI FMCG-G
31 SBI Magnum Global-G
32 SBI Magnum Midcap-G
33 SBI Pharma-G
34 Sundaram S.M.I.L.E. Reg-G
35 Tata Dividend Yield Reg-G
36 Tata Equity PE Dividend Trigger B Reg-D
37 Tata Ethical Reg-G
38 UTI Mid Cap-G
39 UTI MNC-G
40 UTI Opportunities-G
I want to limit my portfolio to maximum 8. Would you please advise?
Hi Sri
I plan to invest 1lakh rupees for child future. Already u suggested as to invest in balanced funds.
Now im decided to invest in different mutual funds in the ratio 40:30:30 for long term (>10 years).
Can u suggest me to select good plans in the above ratio?
I dont want to take high risk. Avg and low grade is better.
Dear karthikeyan ..May I know why you would not like to take high risk? You mean to say that you do not like to invest in Mid & small cap stocks?
Kindly read:
My MF Portfolio
How to select right mutual fund scheme based on Risk ratios?
Best Equity funds.
What are large/Mid/Small cap funds?
Since I’m new investor in mutual fund, I told like that. Those u mentioned are good funds, I’m interesting in that too..
Pls give me good suggestion for above requirement ratio.
Thanks your kind response
Dear Karthikeyan..May I know what is that ratio? I mean 40% is for what? Kindly clarify.
Dear sri,
Just I want segregated 1 lakh into 40+30+30 ratio in mutual fund investment. I hope u get clarified now.
Dear Karthikeyan..You may consider balanced fund (40%) + Diversified equity fund (30%) + Mid-cap fund (30%).
Ex: TATA Balanced fund + Franklin Prima plus + HDFC mid-cap.
Read: How to select the right MF scheme based on Risk ratios?
Thanks sri,
For your valuable suggedtion
Hi Sreekanth,
This is Abhishek Chaurasiya, I am 31 years old. First I would like to say Thanks for your great post regarding investment.
Now coming to my queries,
I have started investment in Mutual funds since last years in two below schemes on monthly SIP basis INR 1000 each for minimum 5 years after taking analysis help of your website as well as others.
1. Axis Long Term Equity-G
2. ICICI Prudential Focused Bluechip Equity Fund – Growth
Now I want to increase more investment in others schemes or something relevant which can give me good return, as well as I would like to know that time duration to stay in above scheme for good returns.
Awaiting for your valuable suggestion!
Thanks & regards,
Abhishek Chaurasiya
Addition to my comment,
I have minimum 10 years of time horizon with Wealth creation/Child education objective.
Thanks & regards,
Abhishek Chaurasiya
Dear Abhishek,
You may add one Mid/small cap fund to your portfolio.
Hi Sreekanth,
Thanks for your reply!
Can you please suggest few good performing Mid/small cap fund to invest?
And I would like to know about balanced and diversified fund exactly when to invest in both kind of fund?
Thanks and regards,
Abhishek Chaurasiya
Dear Abhishek,
Small cap or mid cap, my picks : Franklin Smaller companies fund/ DSP micro cap – HDFC Mid-cap opportunities fund etc.,
Read:
Best Balanced funds.
What are large/small/diversified/mid cap funds?
Thanks Sree for valuable reply!
Hi Sree,
Again I am seeking your help for Franklin Smaller companies fund.
I have selected Franklin but confuse under which scheme should I invest
1. Franklin India Smaller Companies Fund (D)
2. Franklin India Smaller Companies Fund (G)
Thanks & Regards,
Abhishek
Dear Abhishek ..Kindly consider (G) – Growth option.
Thanks Shree!
Hi Sreekanth,
Thanks man. I am 25 years age and very new investor.
I have just started 1000 SIP in ‘Franklin India Smaller Companies Fund – Direct – Growth’.
Is it good or not? Your reviews please.
Thanks
Dear Prashant ..It is a good fund for long-term, I too have investments in this fund.
Hi sreekanth, I am Raju shaw aged 30 years and new to share market. I want to invest in mutal fund for 15 years. My priorities are high return and low risk.
sir I want to invest 1 lakh lumpsum in sbi magnum midcap fund .is it good or not . And what is the right time to invest in lumpsum .and for how long
Dear pardeep ..For how long, you have to decide. May I know your investment objective. Mid-cap/small cap funds have high risk profile compared to say balanced or diversified equity funds, so you got to stay invested for say more than 5 years (minimum).
Hi Sreekanth,
Thanks for your valuable information regarding mutual funds.
I want to invest 3000 in 3 different mutual funds through SIP for long term (20 years).
Please suggest best for me.
Thanks
Dear Sujeet,
You may consider:
ICICI Value discovery.
Franklin Smaller companies fund.
HDFC Mid-cap opp fund.
Thank you Sreekanth,
Yesterday I started sip in Franklin India Smaller Companies Fund – Direct – Growth.
But now having confusion between “Franklin India Smaller Companies Fund” vs
Franklin India Smaller Companies Fund – Direct – Growth.
Please reply
Thanks
Dear Sujee,
One is a Regular plan and another one is a Direct plan.
Kindly read:
What are Direct plans of MF Schemes?
MF Utility online platform for Direct plans.
Direct Plans Vs Regular plans – Returns comparison
Sir i invested 4000 in SBI Blue chip fund and SBI Mid cap fund for 15 years. i have invested before 10 days so its good for me continue in this funds r not? plz ans
Dear deepk..Kindly continue with your investments. Keep monitoring the funds’ performance once in a year.
sir,
i have invested in following mutual funds
01]TATA DIVIDEND YIELD 43,000/
02] RELIANCE BANKING FUND 12,000/
03] RELIANCE SMALL CAP FUND 12,000/
04] RELIANCE MID&SMALL CAP 12,000/
05] TATA MID CAP 15,000/
shall i redeam this and reinvest in
01] FRANKLIN SMALLER COMPANY FUND
OR
02] FRANKLIN PRIMA PLUSE
OR
03] HDFC BALANCE
KINDLY ADVICE
BHANUDAS GAONKAR
Dear BHANUDAS ..May I know your investment objective and time-horizon.
Kindly read:
MF Portfolio overlap analysis tools.
How to pick the right and best Mutual fund scheme based on Measures of risk or volatility?
sir,
for child education and time horizon is 10 yeard .
sir, actually after reading your post best equity fund have invested MONTHLY SIP in following funds
01]BIRLA SUNLIFE FRONTLINE EQUITY FUND RS 3000/
02]FRANKLINE SMALLER COMPANY FUND RS 4000/
03]FRANKLINE PRIMA PLUSE RS 4000/
04]HDFC BALANCE RS 3000/
05]AXIS LONG TERM EQUITY RS 2000/
06]ICICI PRUDENCIAL LONG TERM EQUITY RS 2000/
07] RELIANCE OPPORTUNITY FUND RS 2000/
After stoping my old SIP and thats why i am asking wheter to invest hold amont in above SIP.
Thanking you
bhanudas
Dear bhanudas..You may continue above funds. Kindly read the suggested articles.
Hi ShreeKanth,
Based on your blog, your previous suggestions to me and others, I have short listed two portfolio. Which one you think is better for SIP and lumpsum? I need money for baby education after 14 years and retirement after 20+ years
Portfolio 1-
1) HDFC balanced fun- 20%-
2) TATA balanced fun- 20%
3) Franklin India Prima plus- 20%
4) Franklin Smaller companies fund- 20%
5) Mirae Asset Emerging Blue-chip- 20%
Portfolio 2-
1) HDFC balanced fun- 30%
2) Franklin Prima plus- 25%
3) Franklin Smaller companies fund- 25%
4) HDFC Mid-cap/ICICI Prudential value discovered fund- 20%- Which one if you choose option 2
PLEASE ANSWER THESE TWO QUESTIONS (for my moderate risk appetite),
A) Which portfolio is better, 1 or 2? or do you have anything else in mind?
B) Please modify the % of allocation of money in the chosen portfolio for me?
Many Thanks and appreciated your help in unbiased way.
Dear Prem,
You may have one balanced fund in Portfolio-1.
Portfolio 2 – You may opt for ICICI Pru value instead of Franklin Prima plus and HDFC mid-cap opp fund.
Kindly check portfolio overlap between Mirae fund and hdfc mid-cap fund.
Read: MF portfolio overlap analysis tools.
Thanks Sreekanth for providing valuable information. In Portfolio 1, I choose HDFC and TATA (both) because in one of the comment to somebody you suggest that you will put your money in both funds and portfolio overlap beyween TATA and HDFC balanced fund is around 22%. But since you suggest to go ahead with one then please choose one for me
I am still stuck with % of allocation of money in each fund. Could you please help me in this?
Portfolio 1-
1) HDFC or TATA balance fund- Please choose one and % please
3) Franklin India Prima plus- % please
4) Franklin Smaller companies fund- % please
5) Mirae Asset Emerging Blue-chip- % please
Portfolio 2-
1) HDFC/TATA balanced fund- Please choose one and % please
2) ICICI Prudential value discovered fund- % please
3) Franklin Smaller companies fund- % please
4) HDFC Mid-cap- % please
these are portfolio for SIP but if I have to make Lumpsum investment then will you suggest to put the money in same funds in same proportion of SIP?
Thanks a ton.
Dear Prem,
You may consider below allocation..
1) TATA balanced fund- 30%
2) Franklin India Prima plus- 20%
3) Franklin Smaller companies fund- 25%
4) Mirae Asset Emerging Blue-chip- 25%
Portfolio 2-
1) HDFC balanced fun- 20%
2)ICICI Value Discovery- 25%
3) Franklin Smaller companies fund- 30%
4) HDFC Mid-cap- 25%
You may make lump sum (additional investments)in the same proportion.
Dear Shrekanth,
First thing first- Many Thanks for all the help throughout. Highly appreciate the way you help your readers with your suggestions and experience.
Probably the last question in this regard. Do you find if one portfolio is better than other, I mean from your point of view which portfolio among two has little edge over other for somebody who is 33 years, have baby education after 13+ years and retirement 20-25+ years.
Hi Sreekanth,
Just another curiosity.
In Portfolio 1- I find two fund with almost similar name. Franklin India Prima plus and Franklin India Prima. Just to be sure, you suggested Franklin India Prima plus- 20%, right?
Dear Prem,
Yes, Plus fund only.
Both the portfolios looks similar in nature (risk & composition), except for the % allocation.
Dear Shrikant sir,
I need your advise on my portfolio i have been investing in mutual funds from last 2 years my portfolio is as follows:
Hdec equity Rs 5000/- PM from 2014
HDFC top 200 (G) 18000?-PM from 2014
HDFC Mid cap Opportunities 2500PM from 2015
ICICI Pru value discovery fund 3000 PM from 2015
ICICI pru tax plan 3000PM from 2015
UTI equity growth 5000PM from 2016.
I want to reduce exposure to HDFC top 200 and diversify atleast 10000/- tofollowing funds
ICICI Value discovery fund increase SIP by Rs. 2000 PM
Investin in: 1. Franklin Temp Prima plus to 3000PM
2. Franklin Temp Focussed blue chip fund SIP 7000 PM
I am also investing in PPF yearly 200000 on my kids account.
Kindly comment on my portfolio and do advice on my new planned mutual fund SIPs. If think i need to correct my portfolio please advice.
Thanking you in anticipation
Dear Sreekanth,
I would like to invest 5000 every month in elss. But instead of SIP which automatically debits the amount I would like to invest 5000 manually in an elss fund. Can I purchase online manually?
Thanks
Vamshi
Dear Vamshi ..yes why not 🙂
I am a first time investor and have to invest 15+ Lakh amount with a time horizon of 10+ Years.
Considering the current market conditions (relatively high PE of 22+) which Mutual Funds should i invest in ? and across how many Mutual Funds & AMC’s should i spread my investment ?
My risk appetite is moderate.
Dear Gaurav,
You may invest in one diversified equity fund and in one balanced fund.
Hello Sreekanth,
I would like to start SIP with 10000 per month in -2-3 Funds for next 5 years. Can you please advise me on the same.
I am new to this mutual fund investment. Could you please refer some articles to understand the basic concepts/terms related to this type of investment.
Thanks
Ankitha
Dear Ankitha,
You may invest in one Diversified equity fund and in one balanced fund.
Ex – Franklin Prima plus & HDFC balanced fund.
Read:
What are Direct Plans of MF schemes?
What are Large/Mid/Small cap funds?
My Mf portfolio.
How to select the right mutual fund scheme based on measures of volatility?
Hi am new to mutual funds, planning to invest this year, icici pru value discovery fund or franklin india prima plus which one is safe and better to invest for 10 years or 20 years.
In case if i am getting 20 % return in another one or two year is it possible to take out.
what will be the return after 10 years?
Dear saran,
Both are equity oriented funds. Equity funds have high risk profiles.Out of the two, Franklin Prima plus is a bit less aggressive than the ICICI fund.
Kindly read: How to select the right MF based on risk ratios?
Yes, you can redeem the units whenever you would like to, but kindly stay invested for long-term to get decent returns.
Read: MF taxation rules..
Equity MF returns are not guaranteed.
Hi Srikanth,
I belong from a middle family and i started a mutual fund 3000 p/m with Bank of India
BOI AXA EQUITY FUND – REGULAR PLAN – GROWTH-GROWTH, i would like confirm Is that a best for me, for high return …
please advise to me, best mutual sip plan, for tax saving
Thanks
Dear krishan..There are better Multi-cap funds than BOI fund. For tax saving funds, kindly read: Best ELSS funds.
Dear SreeKanth,
I have a question about balanced fund. I want to do one balanced fund together with few mid cap/diversified fund. Among balanced fund for 5-8 years which fund among these is best from your point of view for future?
1) HDFC Balanced fund
2) HDFC Prudence Fund
3) TATA balanced fund
Where would you put your money?
Thanks,
Prem
Dear Prem..I have investments in both HDFC & TATA Balanced funds.
Read: My MF portfolio..
Hi Sreekanth,
I have been investing in Equity, MF, SIP and insurance since 2002 and I want your expert advice for best investing.
Could you please help me for this? Do I need to hire you? If yes how much it will cost me?
Regards.
Sanjeev Kumar Sharma
Dear Sanjeev,
Kindly note that I do not provide one-to-one FP services.
Do you INVEST in insurance? If ok, kindly share the insurance plan details.
Dear Sreekanth Reddy
Thanks for reply.
I have 5 insurance polices and right now I’m not interest in it.
Could you please advise me about SIP?
I have planned as :
1. HDFC Balanced Fund Rs.3000
2. HDFC Prudence Fund Rs.3000
3. TATA Balanced Fund (Plan A) Rs.2000
4. Axis Long Term Equity Fund Rs.3000
5.UTI Mid-cap Fund Rs. 3000
6.Franklin India Smaller Companies Fund Rs.3000
7.HDFC TOP 200 Rs. 3000
Do I need to change any of the above SIP’s?
Thanks.
Regards.
Sanjeev Kumar Sharma
Dear Sreekanth
I have planned for at least 7 to 10 years.
Regards
Sanjeev Kumar Sharma
Dear Sanjeev,
I am not trying to sell or recommend any insurance product to you.
Its for your beneficial that I have asked for insurance plan details and no other reason 🙂
Read: Why investing in a traditional life insurance plan is a terrible investment option?
Why would you like to invest in 3 balanced funds?
Read: MF portfolio overlap analysis tools.
Dear Sreekanth
Once again Thanks for your valuable reply.I am really thankful to you for providing the wonderful information for MF’s and other other products that make our lives more comfortable.After visiting your site my knowledge and information about MF’s , traditional insurance and term plans increased remarkably.
You suggested it is better to choose two balanced funds so I leave HDFC Prudence Fund Rs.3000.
Also I want to invest 1 lakh as lump-sum for 5 to 10 years and I’m trying to get rid of endowment and money back polices.I have also made contribution of Rs 150000 to my PPF account regarding Income Tax saving and now I believe it is not advisable to put more money in PPF or ELSS?
Is my portfolio good for wealth making? Could you please let me know if I need to make any change in my portfolio that is better then my options?
Regards.
Dear Sanjeev,
Thank you for your appreciation.
You may continue with your MF portfolio, looks good.
Dear Sreekanth Reddy
Thanks for your valuable suggestion.
Regards
Hello Sreekanth,
I really thankful to you for providing the wonderful information for MF, kindly look at my folio/SIP and suggest some change modification if required,
ICICI Pru Focused Blue chip Direct-G – 1K
ICICI Pru Value Discovery Direct-G – 2K
Franklin India Smaller Comp Direct-G – 1K
Axis LTE (ELSS) Direct-G – 2K
For Wife:
Franklin Tax shield Direct-G- 2K
Now i want to start Balanced fund, hence request you to suggest good option for long term more than 5 years.
Also i have some lump sum amount around 1 Lac and want to invest for short term , so suggest which fund i need to invest.
Thank you once aging for support
Dear Mihir,
May I know the investment horizon?
All funds are good ones.
Balanced funds : My picks are – TATA balanced fund or HDFC Balanced fund.
Short term : kindly let me know the duration?
Read:
Best Debt funds.
Best Balanced funds.
MF portfolio overlap analysis tools.
How to select the right and best MF based on risk ratios?
Hello Sreekanth,
Thanks for your suggestion, my investment horizon is more than 5 years.
however for short term its around 2 years i want to invest lump sum amount, request you to suggest good fund.
regarding the balanced fund, how we can check it is equity base or Debt base, and which one is good to invest.
Please suggest
Dear Mihir,
Long term portfolio looks fine.
For short term (2 years) – You may consider Dynamic bond/Short-term debt fund + MIP aggressive fund.
Read:
Best Debt funds.
Best MIP funds.
Balanced funds : You can go through the Fund’s investment objective and also have a look at Current portfolio allocation details. You can find details on portals like moneycontrol or valueresearch online.
Hello Sreekanth,
Thanks for your suggestion.
Regarding the balance fund, which option is better, Direct-G or Regular- G ??
I have one more doubts, you are always suggesting to check MF overlapping, however i just want to inform you that on an average, few scripts will be common for all the funds, so in this case what we need to do?? Please suggest.
Due to that overlapping fact, i have selected one fund from each category. See my portfolio above and now i want to add balanced fund in it, so more or less, SBI, HDFC, Infosys etc. will be the common in 2-3 funds.
Request you to clarify or suggest.
Dear Mihir,
My vote would be for Direct plan.
Read: What are Direct plans of MF Schemes?
It is better to invest in funds with low overlap. There is thumb rule as to how much % is good or bad. Let’s say if I have to invest in two funds and the overlap % is say 60% then its better to invest in one fund instead of two. Hope you are getting my point.
Dear ShreeKanth,
First thing first. Thanks for your effort again.
I am married 33 years, have a 3 years old boy. After going through alot of your blog, I have shortlisted following funds in following proportion.
25% in BALANCED FUND- Child Education- For 12-15 years
1) HDFC Balanced fund
25% in DIVERSIFIED/MULTI CAP- Child Education- 12-15 years
1) ICICI Prudential value discovered fund
50% SMALL/MID CAP FUND- For retirement- 20-25 years.
1) Franklin Smaller companies fund- 20%
2) Uti Mid cap – 20%
3) Mirae Asset Emerging Blue-chip- 10%
Other lumpsum (depend on the fund avalibility).
1) Franklin India Prima Plus- 50%- for long term- anything better?
2) TATA/HDFC balanced fund- 50%- for medium term
Do you think my portfolio can be better, considering my need? Any further suggestions/modifications or do you want me to replace any of these funds or others, both in terms of fund or in terms of %?
Many Thanks,
Looking forward
Dear Parimal,
All the funds are good ones, individually. But you may trim down the list a litle bit. Investing in multiple funds from the same fund category may not be that beneficial.
Kindly read:
MF portfolio overlap analysis tools.
What are large/mid/small-cap fund categories?
Thanks SreeKanth,
I am sure that I want to go ahead with 25% in HDFC balanced fund. For remaining 75%, If I will kindly ask me to help in choosing right fund for SIP among them, so how many and which fund you will choose among these and at what %?
1) ICICI Prudential value discovered fund
2) Franklin Smaller companies fund
3) Uti Mid cap
4) Mirae Asset Emerging Blue-chip
For Lumpsum, do you also want to trim? I can take moderate risk preferably but in worst case high risk. I am married 33 years, have a 3 years old boy, have medical insurance and term plan.
Please help me out!
Thanks
Dear Parimal,
1, 2, & 4 can be considered.
For lump sum you may consider HDFC Balanced fund or TATA balanced fund.
sir.. i am 32 years old… i want invest 20 years… i want to invest 10000 per month….pls suggest which fund i go to invest? i already invest axis long term equity for tax purpuse 3000 per month…
Dear SURESH,
You may consider one Mid cap & one small cap funds.
Ex – HDFC Midcap opp fund & Franklin Smaller companies fund/DSP micro cap fund.
I am in US and wanted to test my luck in stocks/mutual funds. Out of around 50 to 80 sites which i went to get understanding of mutual funds, this site is the best. Simple and to the point. i wish u all the best.
Thank you Abhishek..Keep visiting!
Hi
you say don’t invest in too many funds.
I agree with you.
But
1) I want to invest large amount (apprx. 1 crore) lump sump for 15-20 year.
so I think I should invest in apprx. 10 funds (diffrent fund houses, category nd manager) for safety (safety means safty of principle, although I m willing to take high risk in return).
Do u agree with me.
2) In 4 category large ,multi, mid &balance, which do u prefer nd what in proportion.
Dear Pankaj,
1 – I will stick to simple portfolio irrespective of the quantum of money.
2 – Kindly read the above article + you may read:
My MF portfolio.
MF portfolio overlap analysis tools.
Hello Mr.Srikanth,
Very useful and informative site, thank you.
I have a query please. How do I invest a lumpsum amount of 10 lakh in mutual funds?
My ULIPs reached maturity last month, but gave very poor returns in 7 years.
I want to invest this money for next 10 years.
Currently, these are my monthly SIPs:
1. Canara Robeco Emerging Equities Fund – Regular Plan – G
2. DSPBR Micro Cap Reg-D
3. Franklin India Opportunities-G
4. HDFC Prudence-G
5. ICICI Pru Dynamic-G
6. ICICI Pru Value Discovery-G
I want to keep the funds list short and re-invest my money as a lumpsum in the same funds.
Kindly advise.
Dear Vijaya,
You may consider first investing in Liquid funds and then create STPs (systematic transfer plans) for say next 6 to 12 months to balanced fund (HDFC Prudence) and/or ICICI Value discover / DSP Micro cap.
Kindly note that you can’t create an STP across the fund houses.
For ex: You can invest in debt fund like HDFC Liquid fund and then you can create STP from this fund to HDFC Prudence fund.
You may read:
What are Direct plans of MF Schemes?
MF Utility for online investments.
Direct plans Vs Regular plans – Comparison of returns.
Thank you very much Sreekanth.
Hi Sreekanth,
Very informative site for someone like me who is a novice to investments. Kudos to your easy to understand explanation style, suggestions and prompt responses.
I want to invest 10K pm in Mutual funds.
I am planning to divide this 10K as follows: 3K(short term-3 years), 3K(medium term-5 years) and 4K(long term-7 years)
I am not looking for tax benefit.
After reading your posts, I have short-listed the following. Please let me know if I have chosen the proper funds for the chosen terms.
1. ICICI Prudential Value Discovery Fund(3 years) – 3000 Rs
2. HDFC balanced Fund(5 years) – 3000 Rs
3. UTI Mid cap Fund(7 years) – 2000 Rs
4. Franklin India Prima Plus(7 years) -2000 Rs
Many thanks in advance.
Radhika
Dear Radhika..All are good ones. You may consider balanced fund for 3 years and icici fund for 5 years.
Kindly read:
What are Large/Mid/Small cap funds?
My Mutual Fund portfolio.
What are Direct Plans of MF Schemes?
Thank you so much for your suggestion Sreekanth!
Will do as you have suggested and bother you further if I face any hurdles. 🙂
Hi Srikant,
I am an NRI. I am 37 year old married with no kids and my husband works in India. We have a home loan of 30 lakhs with 2 residential plots( which means we have sufficient real estate) . i want to invest lumsum money of around 2lakhs in any mutual fund for a period of 5 years which will give me good returns. i am not worried about tax saving fund.
after the lumsum amount, Next goal is to go ahead and invest systematically around 20k everymonth in different mutual funds to create around 50laks in another 6 t0 7 years. please advise on how to start from scratch and what funds to choose. Thanks a lot in advance. Appreciate all the advises you have given.
Dear MSPRAO,
1 – You may consider investing in a Balanced fund for next 4 to 5 years. Ex- HDFC Balanced fund or TATA balanced fund.
2 – You may use the calculators available in the below articles to arrive at approx savings amount to reach your target corpus of Rs 50 Lakhs in 7 years.
How to calculate the future value of investments?
Retirement planning calculator
. (or)
Kid’s education planning calculator.
You may consider a diversified equity fund & one balanced fund for this goal.
Hello Mr.Sreekanth,
First of all would you like to appreciate your service. Your blogs are very good and helpful.
I am 30 years old. Investing in the following Mutual funds for next 10-15 years(each 2000 via SIP).
1) Axis long term equity fund (Tax Saving)
2) HDFC Balanced fund
3) Franklin India Smaller Companies
4) ICICI Pru exports and other services
5) UTI Transportation and Logistics Fund.
Please give your opinion in the above portfolio and give suggestions if any modifications required.
I want to add one more fund in my portfolio.
1) UTI MNC fund 2) Franklin India Prima plus
Can you please suggest me one of the above or suggest any good fund.
Dear Rajesh,
If this is my portfolio then I would replace 4 & 5 with Franklin prima plus fund 🙂
Hello Sir,
Can you please suggest your preference for this Small & Mid cap in priority order list for 10 year + invest horizon.
1.DSP blackrock micro cap
2.Mirae Emerging blue chip
3.Franklin small company
4.Reliance small cap
5.UTI Mid cap
6.HDFC mid cap
HDFC mid cap is having highest asset value but it has given less return compare to other funds. So i am little confused.
Thanks & regards
Tarun
Dear Tarun,
Kindly do not worry about the NAV (high or low) when buying/shortlisting a fund.
All are good ones.
Read: MF portfolio overlap analysis tools.
Sir. I’m 29 old. I’m investing in these funds by sip for longtime wealth creation for 20 to 25 years.
1, axis longterm equity fund:1000/-
2,hdfc balanced fund :500/-
3,tata balanced fund: 500/-
4,ICICI focused blue chip fund:1000/-
5,ICICI value discovery fund:2000/-
6, franklin India prima plus’s:1000/-.
Is good portfolio. I want increase money. Can I put in these or take another diversified funds like birla SL MNC. Please suggest,?
Dear LOVARAJU..
Individually the funds are good ones. But you may trim down the portfolio a bit.
Read: MF Portfolio overlap analysis tools.
If overlap is less say Zero to 30% or so then it is ok to have them in the Portfolio.
I believe that there is no need to add any more funds.
Hi Sreekanth,
This is Nancy again, I am sorry to bother you again, I am new and want to make sure I am investing in the right fund and this is going to be my last fund then I will be fine.
Would you prefer ICICI Pru Discovery or Franklin Prima Plus, I want to choose one from these two. I have been doing a lot of reading online and I see that ICICI is fairing really well and so is Prima plus except on one of the blogs I read one blogger advising against Prima Plus not sure why, but made me reluctant again. Could you please help me decide.
Nancy
Dear Nancy,
Both are equally good funds. Kindly note that Franklin fund was launched way back in 1994 and is a consistent performer across market cycles.
Ok.
Thank you.
Dear Mr. Reddy,
I am 47 years old and require money after 10 to 15 years for retirement. I have the following funds. kindly suggest if I am on the right track.
1: franklin india prima plus
2: birla sunlife frontline equity fund
3: axis long term equity fund
4: mirae asset emerging blue chip
Also suggest the % allocation of investment in each fund
Thanks
Dear sanjeev..Your MF portfolio looks fine. You may allocate more funds to 1 & 4 funds (if tax saving is also of high priority then you may allocate more to Axis fund instead of Franklin fund).
Hi I am ajay I have icici bluechip equity growth from last 5 years 1000 monthly sip Axis long term euqity 2000 sundaram smile 1000 and reliance opportunities growth 1000 sip please suggest mi other fund for sip with atleast 8 years
Dear ajay..You may replace Sundaram & Reliance funds with better ones. Ex – HDFC Mid-cap or Franklin Smaller companies fund.
Hi mr sreekanth,
I am having 4 mutual ELSS for tax saving 150000 this year! what are the drawbacks of having 4 ELSS ?
Or can I invest only in two ELSS?
Axis long term -50000
BNP paribas -40000
Reliance tax saver -30000
Birla sun life tax relief96 – 30000
Dear Arul..Let me understand, why would like to have four ELSS funds?
Kindly read: MF portfolio overlap analysis tools.
Can U suggest me how many ELSS should have for tax saving 150000?
Dear Arul..One is more than enough 🙂
Hi, I want to add another one in my portfolio, can you suggest me which one from these 3 – Franklin prima plus, SBI magnum muticap and UTI MNC fund. I already have another franklin small/mid cap fund in my portfolio. Should we buy two funds from the same fundhouse or I should go with SBI or UTI. Please advise.
Dear Rajni..You may consider Franklin Primaplus. It should not be an issue to have two good funds from the same house, by the by they are of different fund categories.
I am 54 and have always been doing FDs in banks cos I am wary of losing money. I am being advised now by a friend to invest in Mutual Funds. He mentioned ITC, HDFC and LIC. What are you suggestions? I earn about 70k per month (before TDS)
Dear Swati..Are you referring to Stocks or Mutual Funds? may I know your financial goals & investment objective?
Kindly read:
How to create a Solid investment plan?
Hi I am confused between my shortlisted funds – large cap(sbi bluechip fund growth or birla sl frontline equity) OR mid cap(Mirae Asset Emerging Bluechip Fund). If I look at the returns mid cap is better than the large caps and riskgrade on all these is low as per valuesearch with moderately high riskometer. I want good returns no doubt with less risk and my time horizon is 5-10 years. Which one do you suggest out of these three?
Dear Rajni,
The mid-cap or small oriented funds have higher risk profile than the Large cap oriented funds.
Kindly read: What are Large/Mid/Small cap funds?
You may have allocation say 70% to Large cap fund (Birla fund) & 30% to Mirae fund.
Thanks 🙂
Hi Srikanth,
I’m 27, I started investing in MF’s after doing my research for 2-3 months starting last October 2015. below is the SIP breakdown for the Rs.10,000/- I invest each month ( I have constructed my portfolio considering factors like inception date of the fund, reputation, performance, risk-reward ratio,investment horizon 20+ years, diversification, tax benefits,overlap,industry concentration,downside protection, upside capture etc).
The below funds are all growth oriented. I plan to increase SIP by Rs.2000/- each year. I am an aggressive investor who does not like to keep money stagnant in FD’s , bonds that earn sub optimal inflation adjusted returns.
1.(Diversified/Multi Cap)Franklin India Prima Plus Rs. 1000/-( Wealth Creation)(25+years)
2.(ELSS)Axis Long term equity Rs 3000/-( overseas vacation)(15years)
3.(ELSS)-Franklin India Tax Shiled Rs.3000/-(Childrens Marriage)(25 years)
4,(Balanced)-Tata balance fund Rs.1000/-(Childrens Education)(20 + years)
5.(Mid Cap)-Franklin India Smaller Companies Rs.1000/-(Down payment first home)10-12 years
6.(Small cap)DSP Black rock Micro cap Rs.1000/-(Pre payment on home loan)12-15years
I currently have no liabilities, EMI or loans and my emergency funds via liquid funds & sweep savings accounts(6 months salary) and insurance(term plan) are in place.
I plan to increase the SIP amounts each year with more allocation to mid& small cap due to my age and investment horizon.I have no desire to add any additional funds barring Mirae Asset Emerging Blue Chip & HDFC balanced fund to my portfolio next year after having examined its 1 year performance.( This is strictly for fund manager/house diversification & fund track record)
If the funds do not perform to expectation I will go ahead and increase allocation to my existing fund.
Please advise if you have spotted any chinks in the armor/portfolio, I understand I am biased to FT fund house this is due to my research into their history and their reputed fund managers credibility,consistent performance to add to their low risk grade portfolio construction.
As I am a buy and hold( contrarian) investor who focuses on margin of safety, I also invests in stocks directly after doing my due diligence. I don”t want too churn my portfolio or add many funds to clutter my portfolio( I believe 5-7 funds are enough for adequate diversification) Could you suggest if I can either increase allocation or add one of the above 2 funds to lock in my investments for the next couple decades.
Your feedback and suggestions are much appreciated and welcome.
Regards,
Ganesh VM
Dear GANESH,
Awsome analysis with a clear vision on your Financial Goals.
Your MF Portfolio looks fine to me. Any specific reason for choosing a balanced fund for Education goal?
Let’s discuss to have a complete Financial plan.
Do you have Personal Accident insurance cover? What about Health insurance cover?
Kindly read:
List of articles on the Key aspects of Personal Financial Planning.
I wanted to ensure that the corpus required for the education of my children is stable relative to other requirements hence chose the balanced fund as educating my children is highly important to me also this was included to diversify (fund house) and to avoid pure large cap oriented funds that lagged behind balanced funds, though the allocation to it will remain b/s 10-20% of overall SIP throughout the tenure
Thank you for the article, I am currently researching for health insurance cover via comparative websites, but feel that I should take one up and include my spouse once married ( in the next 2-3 years)until then wanted to research into all options read articles to ensure I get a clear picture on benefits of each health insurance options( also the reason for delaying this is that I keep fit and generally see a doctor due to common cold once in 2 years). But with that being said I do see ur point of being farsighted and the advantages of lower premiums when starting early.Thank you for pointing out the aspect of the accident cover my term cover also has a rider(clause) with a nominal additional premium for disability and death benefits due to accident . i,e HDFC click 2 protect is the term plan
Dear GANESH..Does it cover Temporary & Permanent Disability risks?
Kindly read: Best Personal Accident Insurance plans.
Hi,
I am 32 years old and having kid of 3 years old and new to this MF market. I started SIP investment (in FEB 2016) of 5000 per month in below funds for 15 years at least:
1.Franklin India Prima plus fund(G) 1500 INR
2.Mirae asset Emerging blue chip reg-1500 INR
3.Tata Balanced fund -2000 inr
PPF -80,000 per year
If I need to increase my SIP investment from 5000 to 10,000 which funds to choose?above one or new one?
For lump sum investment of 50,000 to 1 lac which fund should be selected (for 15 years investment)
Thinking of qutting prima fund and starting frankling blue chip?Is it a good choice
Dear Rahul,
Your MF portfolio looks fine. You may make additional investments in the same funds only.
Hi Shreekanth,
I’m 29 years old private salaried (65K) person. I’m about to take home loan (EMI would be 35K), so it will be already tax saver. I’d prefer to have Do-It-Yourself approch, rather agent. So I’ve to generate KYC, profolio numbers, ,etc on own as well.
Objective :
1. Better return than PPF.
2. For future child education at least after 12th std.
Concerns :
1. Please suggest best MF, Equity/Debt for SHORT term. For this which one is better, SIP or Lumpsum and for how much years.
2. Please suggest best MF, Equity/Debt for LONG term. For this which one is better, SIP or Lumpsum and for how much years.
You’re advice would be relief for first timers like me. 🙂
Thanks,
Dhaval
Dear Dhaval,
How many years? – This you may have to answer..Suggest you to kindly identify goals & time-frame and then can short-list investment avenues. Are you planning to invest in Equity funds for Short-term? kindly define ‘short-term’ (time-frame)?
Kindly read:
How to create SOLID Investment plan?
Kid’s Education Goal Planning Calculator.
List of best investment options.
List of Articles on Personal Financial Planning (Kindly don’t miss reading this post)
Hi Sreekanth,
Thanks for writing back.
Yes want to invest in equity for a short-term around 1 to 1.5 years. For long time I’m considering to build a corpus for future use like Child education or marriage.
I’m about to take Home loan with EMI around 30K. After this home purchase, I’ll have little liquidity left with me. Also I’ve invested in PPF. No FDs yet. As of now no major monthly expense, except regular expenses for two persons.
Thanks,
Dhaval
Dear Dhaval..Kindly do not invest in Equity oriented products for short-term.
Read:
Best MIP Funds.
Best Debt funds.
Best Arbitrage Mutual Funds.
Hi,
Which is better for 15 years SIP?
Mirae asset emerging bluechip or franklin India prima plus?
Dear Rahul..You may consider Mirae fund 🙂
Hi sir ,
am an NRI , planing to start invest from August 1st onward ,can you please answer my below quires
1)am now 29 year old , planning to invest 40K per month (currently my savings is zero so my target is to archive 1 core in next 5 years) . am open to took good risk fund , can you give me funds i can invest?
2)is mutual fund return is taxable for Nri’s?
3)to archive 1 core how much i need to invest in funds ?(i know its depends but just asking a figure )
am going through some website but not able to calculate my self
Kind regards
Dear Saju,
1 – To accumulate Rs 1 Cr in 5 years, by investing Rs 40k pm, you may have to get around 48% returns from this investment, which I believe is very unrealistic. so, you may either have to increase your investment amount drastically or increase the duration.
2 – Read :
Mutual fund taxation
Fatca Compliance requirements for MF investments.
3 – Around Rs 15 Lakh per year for next 5 years @ 10%.
I want to invest 1000 to 2000 INR every month in Mutual Fund SIP for long term. (Approx 10-20 Years)
Please Suggest me names of SIP or for which funds should i go & Invest.
Dear Niraj,
You may consider ICICI Pru value discover & Franklin Smaller companies fund.
Dear Sreekanth,
I am working in a private concern and started investing in below mentioned SIP. Kindly suggest the selected SIP will perform or need any modification.
1. ICICI Focussed Blue ship fund – Rs. 3000.00
2. ICICI Pru Value discovery Fund – Rs. 3000.00
3. DSP BR micro fund RP (G) – Rs. 3000.00
Regards,
Prabhakaran D
Dear Prabhakaran,
All three funds are good ones and you may remain invested. May I know your investment horizon & objective??
Hi,
I am 37 years old just started SIP with following funds
ICICI prudential Focussed blue chip equity- 1500/month
Tata Balanced Fund -Growth-1500
HDFC short term opportunities-1000
Birla sunlife dynamic retail-1000
your opinion sir please
Dear Dinesh..May I know your investment horizon & objective??
Hi sreekanth ! Thanks for ur expert review! Lump sum investment vs SIP which one better for long term wealth ?
Investing 3 lakhs as lump sum on the start of the year (Jan) or monthly 25000 ? Which one is better for long term wealth over 15 years?
Dear Arul,
Personally, If I am investing for long-term goals, I just do it when I have additional money (lump sum) besides investing in SIPs.
Hi Srikanth,
I’m 29 years old started investing in mutual funds this year Following is my portfolio. Please give your views.
Short Term – Plan to Invest for Max 1 year
1) Franklin India Ultra Short Bond Fund Growth–3k
Equity – Plan to invest upto to 3 years & Tax saving purpose
1) Franklin India TAXSHIELD-GROWTH–2.5k
2) Axis Long term Equity –2.5k
Thank you
Prakash
Dear PRAKASH..Good ones. stay invested 🙂
Hello Sreekanth, I have following funds in my portfolio, started investing from this year. Can you please tell me whether I need to switch or I am fine. My goal is to stay invested for 5 years and take out the money afterwards and invest afresh. I am skeptical to remain invested for a long term(more than 5 years)
1. ICICI Pru Discovery
2. Franklin Smaller companies fund
3. Mirae asset emerging bluechip
4. Franklin India Prima Plus Fund
5. Tata Balanced fund
6. DSP Black rock bluechip fund.
Dear Nancy,
May I know why are you skeptical for staying invested for longer-period? Any bad investment experience(s)??
If you have 5 time-frame, you may consider these funds;
TATA Balanced fund,
Franklin Prima plus fund.
I have no past experience of investing in mutual funds, so I donno what my funds will be after 10 years. I dont want to lose lot of money that will be terrible :(.
You dont advise to stay invested in rest of the small company & multicap funds? I want to keep investing in atleast one small company funds they give best returns. Franklin or Mirae or DSP ? What do you suggest?
Dear Nancy,
Kindly note that equity oriented funds have high risk profile. One needs to monitor the funds’ performances and take corrective actions, if required. Also, kindly note that if one invests for long-term the probability of getting negative returns can come down. But need to keep an eye on the portfolio as such.
There are conflicting objectives here, if one wants best returns then he/she has to take risks.
TATA Balanced fund,
Franklin Prima plus fund.
Franklin Smaller companies fund / Mirae Asset emerging bluechip fund can be considered.
Thanks Sreekanth,
I was trying to buy the Tata Balanced fund online from Tata website. There were two options to hold the units – Physical and Demat. I opted Physical. And there is another thing. The scheme that was coming up for balanced fund was – Tata Balanced fund Direct Growth which is not the same scheme name that I read the reviews about. The one which ranked 2nd and is been topping the list is – Tata Balanced fund – Regular (G). The one I am investing in on Tata website doesn’t have any reviews nor rating.
I am confused, can you help me know I am investing in the right fund?
Dear Nancy,
One is Regular Plan & another one is Direct plan of the same scheme.
Kindly read below articles, can be useful;
What are Direct plans of MF schemes?
Direct Plans Vs Regular plans.
MF Utility online MF investment platform.
Your keeping up with your blog readers questions is truly amazing and very helpful.
Thank you so much for your presence online.
Hi Sreekanth, I am 22 years old, and I have high risk tolerance. I got question for you, I would have around RS 8 Lakh , I want to invest for long term. I am interested in investing this money towards two mutual funds 1) DSP Black Rock micro fund 2) Mirae Asset emerging blue chip fund. As I think over long term small cap funds give more returns.
I am just confused if I should invest in lump-sum or SIP or Lump-sum & SIP ?
Can you please tell me best strategy ?
Dear vishal..Kindly go ahead with your selected funds. If it is for long-term, you may invest in lump sum.
Thank you Sreekanth! , Do you think I should add more mid or small cap funds in my portfolio ?
Which portfolio will be better, one with two funds ( DSP Micro & Mirae Asset emerging ) Or other portfolio with more mid cap funds like from DSP, Mirae, reliance , SBI midcap and franklin.
For long term ?
Dear vishal,
You may consider one mid-cap and one small cap fund 🙂
Hi sreekanth ,
First I would like to appreciate your efforts for guiding MF beginners like me.
Can you review and suggest my portfolio
I am 47yr old NRE want to invest
A. Rs.30000 per month for 12 years for retirement corpus.
1. ICICI Pru value discovery fund- 12000
2. Franklin India smaller companies fund- 12000
3.TATA balanced fund- 6000
B. Lumpsum amount 25 lakh for 5 years for my chidrens education (16 and 13 yrs old)
1. HDFC balanced fund- 15 lakh
2. Birla sunlife MIPII Wealth 25 plan- 10 lakh
Queries:
1) Above funds after maturity is repatriable to NRE account or not ?
2) Is it the right time for lumpsum investment in MF ?
Dear Kumar,
Retirement Corpus:
Kindly read this article – Retirement planning goal calculator.
SIP MF Portfolio looks fine.
Lump sum investment : When do you need this money? If your goal target year is 2 to 5 years from now you may consider the mentioned portfolio.
Read: FATCA Compliance requirement for NRI MF investors..
If you are looking to put in Lumpsum, it would be more appropriate to put in PMS of some good companies where it is monitored by fund manager. It could fetch you better returns in 5 year term horizon as compared to MF.
Dear Arvind..Could you please name a few such PMS. Personally, I believe that investing in 2 to 3 funds as per ones requirements can be a better approach than going for PMS. MFs are also managed by professional Fund managers.
Hi sreekanth , ur expert reviews very interesting !
Can u review and suggest my portfolio
I m 32 want to invest 20000. Per month for 20 years for creating wealth
1. ICICI Pru exp and services 6000
2. UTC Mnc fund 5000
2. DSR BR micro cap 5000
3.TATA balanced fund 4000
4
Dear Arul,
Kindly check portfolio overlap between 1 & 2. Read : MF portfolio overlap analysis tools.
DSP & TATA funds are good ones.
is this portfolio good for long term wealth 20 years
Diversified 60%
Midcap 20 %
Balanced 20 %
Which one best among these two
ICICI exp and other services
UTC Mnc fund
Thank u
Dear Arul,
If investment horizon is 20 years, you may increase allocation to mid-cap..
Dear Sreekanth,
First of all would like to appreciate your service.Your blogs are really helpful and amazing.
This is my current SIP portfolio and my invest horizon is 10+ years. My age is 32 and currently building wealth for my kid’s education .
1) Birla sunlife MNC fund – 1K from June 2015
2) HDFC TOP 200 fund – 1K from June 2015
3) ICICI discovery fund – 1K from Mar 2016
4) HDFC Balanced fund – 1K from May 2016
As part of my debt portfolio i am investing in the below
1) LIC – 50K per annum
2) PPF – 20K per annum
Queries:
1) Please review my portfolio and let me know how the funds are performing? Any changes you recommend?
2) Apart from FD’s what are the best funds/options to invest for a short period say 2 years to get slightly higher returns?
Thanks
DP
Dear Dhandapany,
Kindly check overlap of portfolios among 1, 2 & 3 funds.
Read : MF portfolio overlap analysis tools.
Kindly share LIC policy details (Plan name, tenure, commencement date..)
Short term options, kindly read:
List of best investment options.
Best Arbitrage funds.
Best Debt funds.
Best MF MIP Schemes.
Thanks Sreekanth for your response. Details below
HDFC TOP 200 fund – Larga cap fund
ICICI Pru value discovery fund – Diversfied fund
Birla sun Life MNC fund – Mid and Small-Cap
Overlap of HDFC TOP 200 fund and ICICI Prud discovery fund is 31% (18 common stocks) from the tool
Overlap of icici pru value discovery fund and Birla sunlife MNC fund is 4% .
Overlap of HDFC Top 200 fund and Birla sun life MNC fund is 8%
How are these funds performing? Please advise in case of any changes
Regarding LIC:
Jeevan Anand (Plan 149)started May 2007 – Tenure 21 Years – 9 Years completed – End date May 2028 – 30500/annum
New Bima gold (Plan 179) started May 2007 – Tenure 20 Years – 9 Years completed – End date May 2027 – 31500/annum
Yeah i know i am investing heavily in LIC and i started 9 years back in New bima gold – money back (31K) and Jeevan anand (30K).. I am willing to close Bima gold and invest the same amount in PPF but worried how much would be my returns for these 9 years from Bima gold policy. Hence i had to continue this.Still 11 years to go with both policies? Please recommend your suggestion?
Dear Dhandapany,
Suggest you to consider ICICI Value Discovery fund and drop HDFC Top 200. Other funds are fine.
It is better to cut the infected finger than to allow the infection spread to the entire hand.
If you do not like to SURRENDER then you may consider making these two plans PAID-UP but before doing so you may consider buying a Term plan (if risk cover is your requirement).
Kindly go through below articles;
How to get rid off unwanted life insurance policy?
Best Term insurance plans.
If life is unpredictable, insurance cant be optional.
The 6 most common Personal Finance Mistakes.
Blocks of Financial Planning Pyramid.
Dear Sreekant,
I have put 2 lakhs in Reliance retirement & 2 Lakhs in Franklin pension fund, both direct Growth option. How much can i expect tentatively ( just out of curiosity) after i attain 60 years of age. I am 45 years old now.
Also how much appreciation can I expect for Rs 2 Lakhs lump sum invested in HDFC balanced direct growth fund & Rs 5000 SIP in Tata balanced fund ( commenced 2 years back), say after 15 years time.
Dear Mandar,
Kindly read my articles to get some idea;
Reliance retirement fund review.
Best Balanced funds.
Dear Sreekanth,
I have following investment in M/F:-
Tata Balanced Fund SIP @ Rs 5K PM
HDFC Balanced Fund 2 Lakhs lump sum
UTI Equity lump sum
Reliance small cap
Are these funds good to continue?
Dear Mandar ..May I know your investment horizon?
Hi Sree,
Thanks for revert.
It is for long term may be for 10 years horizon.
Further need to know whether ICICI prudential long term debt fund is fine to invest for 5 years or so with some reasonable ( 9/10 % )return and lower risk factor?
Dear Mandar,
Your MF portfolio is fine.
Kindly check the portfolio overlap for HDFC & TATA Balanced funds. Read: MF portfolio overlap analysis tools.
ICICI prudential long term debt fund is Dynamic bond fund..
If you have 5 year time horizon & would like to invest in a low-risk fund, you may also consider MIP Growth Aggressive fund. Ex – Birla MIP II Wealth 25 fund.
Read: Best MF MIP Funds.
I have asked few questions in your blog earlier and you have helped me and many like me with your spot on and unbiased opinion. This time, I have a complicated question, atleast complicated for me to understand.
If my goal is to see the effect of compound in long term, say retirement but since we can not keep the same fund till next 25 years and there will be need to change the stock depend on how they are performing. Now to the point, Lets suppose, I am doing ELSS (3 year lockin) SIP of 5K in Axis long term equity and in 5 years lets say my total value is 4 lakhs suppose, after 5 years I want to move to frankin India tax sheild then
1) To see the effect of compound should I invest that 4 lakhs in franklin plus 5K SIP that I was doing ? or yes then, my 25% stocks (that I invested in 1st year) will be tax free while I have to pay tax for the remaining 75% (one that was invested from year 2-4). In this situation, what is the best solution during this transition?
2) Do you anyway suggest me to sell total 25% in end of 4th year and invest in new fund, next 25% in 5th years and invest in new fund, next 25% in 6th years and invest in new fund and similarly last 25% in 7th years and invest in new fund so this way I will transfer all my fund from Axis to Franklin. Do you think its good strategy or not?
You see how much complicated it is for me 😀
Thanks,
Dear Prem,
I am unable to comprehend your query.. Are you referring to both MFs & Stocks?
Dear Sreekanth,
Congratulations for 2 years for this blog.
Sorry for not being clear, I am referring to Mutual funds only. Please clear my confusion
Dear Prem..As mentioned in my previous comment, I am still unable to understand your 1st & 2nd points.
Thank you so much for the wishes.
Sorry for not being clear enough.
1) What I want to ask is If I will buy ELSS (3 year lockin period) mutual fund through SIP investment in year 2016, 2017 and 2018 and suppose if I withdraw all ELSS mutual fund in 2020 then I can take out the only those ELSS mutual funds that have already completed 3 years, right?
If yes, then in this case, in 2020, I can sell only those ELSS (one that was bought in 2016 and 2017) that have completed 3 years but to sell the ELSS that I bought in 2018, I have to wait till 2021, right?
2) If I am correct in question 1, and suppose I want to move from ELSS to non-ELSS mutual fund. The reason for moving my mutual fund from ELSS to Non-ELSS is because growth of ELSS is slower than many non-ELSS. While moving my mutual fund, I do not want to loss the benefit of compounding that you have stressed in many of your post. So
a) should I move all the money in 2020 and 2021 that I will get from ELSS to Non-ELSS as lumpsum or SIP? My perception is that if I will invest that money in 2020 and 2021 in SIP then my compounding benefit will start again in 2021 but if I will do lumpsum then I will have full benefit of compounding. Please correct if I am wrong. My ultimate goal is to see the effect of compounding for long term, say retirement and baby education (20 years).
Thanks for your help again!
Dear Prem,
If you want to take benefit of COMPOUNDING may I know why do you want to switch from ELSS funds to Non-ELSS ones? You can opt for continuing in the same fund right?
Dear ShreeKanth,
Because What I heard from you in other posts and other websites that Often Non-ELSS mutual fund give better return than tax saving ELSS.
Just to get an idea, When you do ELSS, do you never switch those tax saving ELSS to Non-ELSS?
Thanks,
P
Dear Prem,
Is it non-ELSS or non-Equity oriented funds? Kindly re-check.
Ex – Franklin Taxshield has given around 15% returns in the last 10 year which I think is a decent performance.
It is not never, it is why one should switch, which has to be analyzed..
Hi Sreekant,
I read your advices occasionally and find them really good. Would like to have your comments on my portfolios to asses my financial state. I am 46 years old and planning to retire:
Mutual Fund FMPs for longer tenure( various plans with AMCs)-6 Lakhs – above 5 years. DOM-2019
Mutual Funds (Long term Reliance /Tata Retirement/Franklin pension schemes)-5 Lakhs- till 58/60 years age
Mutual Funds ( UTI Equity-2.5 Lakhs, Tata/HDFC Balanced Fund-5 Lakhs- 10 years or above term
Bank/company FDs-4 Lakhs DOM- 2018. I am due to receive my PF/Gratuity funds of Rs 20 Lakhs in 3/4 months time. Pse suggest where to park this corpus for longer term ( may be above 6 years).
Please comment & advice. Rgds
Dear ALOK,
Do you have sufficient other sources of income to meet your after-retirement monthly living expenses?
Are you dependent on the income generated by the corpus & existing investments?
Do you have sufficient health insurance? Do you have any dependents & financial obligations?
Hi Sreenath,
Sincerely appreciate for your response.
a. Yes I do have a fixed source of income which is around 75% of my current monthly expense. Besides this I have invested Rs 9 Lakhs in postal MIS jointly with my wife which fetch me Rs 6300 PM now.
b. As mentioned in Para (a ) I am not and perhaps will not be depended on the income generated by the corpus & existing investment ( minus MIS fund).
c) I will not have any health insurance after resigning from my Job, but I have some medical facility available through other source. I have some LIC coverage under endowment plan but no term plans. My son is 14 years old now & I have some investment in real estate ( CV around 28 Lakhs) earmarked for his studies.
May I request you to please offer your advice on my current portfolio & suitable investment plan for the expected corpus. Regards
Dear Alok ji,
1 – Make sure you maintain certain savings as Emergency fund to meet any unforeseen contingencies.
2 – Suggest you to buy a term plan with atleast a cover of Rs 25 Lakh before you retire.
3 – You may buy a Family floater health plan.
Read :
Best family floater health insurance plans.
Best portals to compare healthplans.
4 – As you have fixed source of income, considering you age, looking at your current financial profile etc., I believe it is advisable to invest your lump sum investment in a mix of Balanced fund + MF MIP Growth plan for next say 5 years or so. You may invest in your existing Balanced fund itself. Can consider Systematic Transfer plan from debt fund to balanced fund.
Read : Best MF MIP Schemes.
You may also consider to invest a portion of your corpus in SECURED NCD ISSUES.
Suggest you to not to invest further in Pension funds.
Hi Srikanth,
I have been investing 4000 each in SBI blue chip, Franklin India Prima plus and Mirae Asset Emerging Bluechip. I would like to invest another 4000 in Reliance Small Cap. Is my portfolio spread fine. Would you recommend Reliance small Cap or should I go in for DSP microcap
Dear Ravi..Your portfolio is fine. I prefer DSP micro cap to Reliance small cap.
Hello,
Your blog is really amazing .I would like to know your view for my existing investment ..pls check my portfolio and share your view whether it is good or not.All plans are direct
My Investment time horizon is more than 10 years
Large Cap
1) ICICI blue chip–1k
2) UTI equity fund–1k
Midcap Fund
1) Canara Robeco emerging fund–2k
2)ICICI pru value discovery fund–1k
3) HDFC mid cap fund—–1k
Balance Fund
1) HDFC Balance Fund—1k
Dear nikhil,
Kindly note that icici value discovery can be classified as Multi-cap fund (ie diversified fund).
Suggest you to check portfolio overlap between icici bluechip Vs uti equity funds & between canara emerging Vs hdfc mid-cap funds.
Read:
MF portfolio overlap analysis tools.
What are Large/Mid/Small-cap funds?
Thanks for your reply..But what is your suggestion ,can we continue to invest the money on above MF scheme.Because overlap percentage is 46% b/w canara and hfdc. and 56% b/w icici blue and uti equity fund.So how much overlap will be consider for any investor.
I want one important suggestion with you.Whether Canara Robeco emerging equity is a good fund or not.
Thanks for understanding!!!!
Dear nikhil,
You may consider one out of two (uti equity Vs icici blue) & between (HDFC Vs canara).
Kindly note that Canara Robeco emerging equity is Small-cap oriented fund and a decent one.
My pick in Small cap space would be Ex – DSP microcap / Franklin Smaller cos fund.
Hi Sreekanth, I was wondering if you could explain me how can I use 200 or 100 DMA to invest lump sum amount of money in mutual funds ? I am investing SIP of RS5000 in DSPBR micro fund ?
Dear vishal..If you are investing for long-term, kindly just do it 🙂
Okay! I always have around Rs50,000-Rs100000 every year with me waiting for market opportunity. I was reading your one article where you mention that you invest lump sum money in market based on 200 DMA. If you could please help me out how to use 200 DMA. I will be more confident to invest my lump sum, as with that money I am never in hurry just waiting for low price of market.
Or please if you give me some kind of strategy where i can make BEST use of my lump sum?
I am 22 years old, I am investing this money to create wealth, I will planing to invest 20+ years. I have very high risk tolerance. Please suggest!
Dear vishal..I follow the markets very closely, the day when I see the broad markets fall 200 DMA (this information you can get on newspapers or finance portals), I generally make additional investments in my existing MF portfolio the same day or next day. Kindly note that it is next to impossible to time the markets but at the same time nothing wrong in trying to get some additional units when markets are down 🙂
Hi,
In mf,
Growth option
&
Dividend with re-invest in same fund
which are best for 10-15 year investment period
Dear Krishan..You may consider ‘Growth’ option.
Hi Srikanth,
I’m an NRI 38 years old with 2 kids ( 5 and 8) wants to invest in mutual funds.I have gone through various websites , OLM list etc and I would like to know for investment for 7-10 years which funds should I buy for child education and retirement .
Thank you
Avanish
Dear Avanish,
Sure. But kindly share few details. Do you have sufficient life insurance & health insurance coverage?
Kindly go through below articles;
Kid’s Education goal planning calculator.
Retirement planning made easy..
Hi
What your opinion for Sbi Small & Midcap Fund……
WHICH SIP PLAN IS BEST WHEN,WHEN I AM START INVESTING AT THE AGE OF 24,Rs.3000/- WITH A GOOD RETURNS.
Dear TEJAS..If you have long-term horizon, you may consider investing in two funds, for ex: ICICI Pru value discovery fund & Franklin Smaller companies fund.
SORRY FOR ASKING YOU AGAIN,BUT IF I HAVE SHORT TERM HORIZON & MY FATHER ALSO WANTS TO INVEST IN SIP PLAN (HE IS 57 YEARS) THEN WHICH OPTION IS BEST FOR BOTH OF US.
Dear TEJAS..How is it possible to advice to both of you regarding the same investment?
Kindly read: List of best investment options.
Hi Sreekanth,
You are doing a fantastic job. Wish you all the very best.
I had a question for you, any reason why SBI Magnum MidCap Fund-Reg(G) is not included in the Mid cap list?
Regards
Sujit
Dear Sujit,
Thanks for your appreciation.
It is a decent fund, but the returns haven’t been consistent.
Looking at the fund’s portfolio, though this fund is a mid-cap oriented fund there is an allocation of around 27% in small cap.
A fund with similar allocation is Franklin Smaller companies fund, this has been performing well and has been consistent with Low risk grade and above average return grade.
Hello Sreekanth,
My aim is to build wealth, I am planning to Invest 5K every month in SIP’s,
I am looking at a horizon of 15 years as a minimum. I am also investing in PPF separately,
My primary aim in Mutual funds is to create wealth.
Currently i have 3 funds in which i am investing ,
DSPBR Micro-Cap Fund-Reg(G)
ICICI Pru Value Discovery Fund(G)
SBI BlueChip Fund-Reg(G)
I am investing 1000 each in these funds, As stated , my aim is to invest 5K every month,
Could you please suggest an additional one or two suitable fund to my portfolio and how much should i Invest in each.
Regards
Rohan
Dear Rohan,
You may add HDFC Mid-cap fund to your portfolio.
Suggest you to allocate higher amounts to HDFC Mid-cap & DSP micro cap fund, as you have a very long term view.
Thanks for the Reply Sreekanth,
I had my eye for sometime on the Mirae Asset Emerging BlueChip-Reg(G).
Could you please compare HDFC Midcap VS Mirae Asset Emerging BlueChip-Reg(G) and let me know which one is better suited.
Your view on this is much appreciated.
Dear Rohan,
You can consider investing in Mirae fund, has been performing really well, with LOW risk grade and HIGH return grade.
Hello Sreekanth ,
Was tweeking my portfolio .Inetntion is to exit from ICICI Dynamic fund and Franklin High Growth Co’s fund and at the same time reduce number of funds .After this adjustment it would be 1 fund each across ELSS,Large Cap& Balanced Fund and 2 funds each across diversified multicap & Mid/small cap.
Elder Daughters PG-(Investment Horizon 10 yrs)
Tata Balanced Fund-Direct Plan-Growth
ICICI Pru Focussed Bluechip Equity Fund-Direct Growth -Cummmulative
Franklin India Prima Plus -Direct Growth
ICICI Prudential Dynamic Fund-Direct Growth/Cummulative
HDFC Mid Cap Oppurtunities Fund -Direct Growth
Franklin India Smaller Companies Fund-Direct Growth
Intend to exit ICICI Dynamic fund and increase sip amount in HDFC midcap or should i consider the same category say a Franklin Prima plus
Younger Daughters PG- (Investment Horizon 15 yrs)
Tata Balanced Fund-Direct Plan-Growth
Franklin India Smaller Companies Fund-Direct Growth
Franklin India Taxshield Fund
Do not intend to revamp .
Elder Daughters JR/SR college eductaion-(Investmnet Horizon 5-8 yrs)
Tata Balanced Fund-Direct Plan-Growth
Franklin India Prima Plus -Direct Growth
Do not intend to revamp.
Elder Daughetrs Wedding-(Investmnet Horizon 15 yrs)
Franklin India High Growth co’s Fund-Growth Plan
Should i replace the same with a ICICI value discovery .
Would appreciate your valuable suggestion.
Regards,
Roy
Dear Melroy,
You may increase allocation to Franklin Prima plus.
Elder Daughter’s Wedding-(Investment Horizon 15 yrs) : You may consider investing in Franklin Smaller companies fund / DSP Micro cap fund for next say 5 years.
Kindly read: MF portfolio overlap analysis tools.
Thank you for your guidance and prompt response Sreekanth.
While i would increase my allocation to Franklin prima plus .
Just had a question as to the rationale behind staying invested in Franklin smaller co’s fund/DSP Micro for 5 yrs when i have a horizon investment of 15 yrs.
Post this revamp allocation would be:
Diversified/Multicap-20%
Large Cap – 6%
ELSS -10%
Midcap/smallcap – 42%
Bal.fund -22 %
Is this mix ok.
Regards,
Roy
Dear Roy,
You can definitely take a call after looking at the overall portfolio performance after 5 years.
The main point is, as the goal target year nears, it is advisable to slowly shift to balanced funds and then to safe investment avenues.
Sure Sreekanth.As a retail investor one can review and revamp and leave the rest to the………govt,fund manager and god bless us all.
Best Regards,
Roy
I am 30 years old .
i need to invest 15000 per moth for 5 years, which is the best investment plan.
Dear john,
You may consider investing in a Balanced fund, ex: HDFC Balanced Fund / TATA Balanced Fund.
Dear Sreekanth,What is the risk in investing in a mutual fund with good returns but corpus is small.kindly elaborate in your reply the inherent risk in a mutual fund of a. ruputed house with small corpus.
Dear Bansal ji,
As an Investor if I have a long-term view, I do not give that much importance to AUM of an Equity Fund (Assets Under Management).
Hi Sreekanth ,
This is Keshav . I would like invest for my Kid education amount which i need 20L after 15 years . Is it advisable and better investment strategy thru lumpsum amount like 5L now or how much SIP i need to invest .
Also i am aged now 36 , looking for any good retirement funds details .
There are lot of people are approaching me for this investment thru them . What is the best options available which will have less brokerage or hidden cost ? Can i directly contact bank like HDFC/SBI for this investment ? Also after 15 years we dont know what is the rules and regulations for withdrawel , how i can ensure that i entered right details in the mutual funds , so that future does not have much issues for redeem ?
Dear Keshav,
Kindly use the calculator available in the link to arrive at approx required amount of savings to reach your goal amount : Kid’s Education goal planning calculator.
If your investment horizon is 15 years, lump sum amount can be invested.
Read: Retirement planning goal calculator.
You may consider investing in Equity funds for both of your long-term goals.
Read:
Best Equity Mutual Funds 2016-17.
List of Best Investment options.
Do you have adequate life & health insurance covers?
Read:
If life is unpredictable, insurance can’t be optional.
Blocks of Financial Planning pyramid.
Hi,
For ivestment horizon of 10+yrs :-
Between Franklin Smaller companies fund and DSP Micro cap fund , portfolio overlap is 16% and top 5 holdings are also different. Is it advisable to invest in both?
Dear suraj,
Your portfolio looks good.
Yes, you may consider to invest in DSP fund too.
DSP fund have higher allocation to Small-cap stocks compared to Franklin Smaller fund.
Hi Sreekanth
I want to invest Rs. 25000.00 for short term around five years, will you please advice me the best plan to invest to get good returns.
Dear Sanjay,
You may consider investing in a Balanced fund . Ex : HDFC or TATA balanced funds.
Please see below my portfolio and guide me
Birla Sunlife Tax relief 96(1k)
HDFC Top 200(1k)
DSP Black Rock Top 100(1k)
SBI Pharma (500)
UTI MNC fund Direct-Growth(2k)
Tata Balanced(1k)
DSP Black Rock Micro Cap Direct-Growth(2k)
Shall i add mirae asset emerging bluechip fund in my portfolio? or need to remove any of above list
Dear Sachin,
May I know your investment horizon & objective?
Also, read: MF portfolio overlap analysis tools.
Hi Sree,
Which is a better Plan ,Direct Plan -Dividend Option OR Direct Plan- Growth Option. Why there is a huge difference b/w the NAV’s of the two?
Thanks
Dear Aneesh,
One has to select ‘the type of plan’ based on his/her investment objective.
If you would like to accumulate wealth for long-term goals, you can opt for ‘growth’ option.
The NAV of the dividend option falls once the dividend is declared. That’s the reason why you see the huge difference between the two plans of a scheme.
Hello Sree,
Details:
Debt investment – PPF – 40K yearly.
MF SIPs for >15 years.
Axis long Term Equity Direct – G: 3000 Rs from sept15
UTI mid cap Dirct – G: 1000 Rs from sept15
ICICI pru value discovery Direct – G: 1500 Rs April16
Franklin India smaller companies Direct -G:1500 Rs May16
Queries:
1. Please review my portfolio, any changes you recommend.
2. I checked fund overlap and its below 12%. Wanted to know that from these four funds mid allocation should not be too larger. Just want to ensure that my portfolio should not be inclined on mid-small cap entirely.
Dear Mukul..Kindly refer to our discussion in the Forum section.
Click here..
Hi Sreekanth,
My portfolio at present looks like this :-
1. HDFC Midcap Opportunities – 1500/month
2. Franklin Smaller Company Fund – 1000/month
3. HDFC Balanced – 1500/month
4. ICICI Pru Value Discovery – 1000/month
My investment horizon is 10+ yrs…please let me now if the percentage of allocation among these funds correct or do I need to change it.
Hi
Please choose one midcap fund from below fir long time say 15 years….
1. Mirae Asset Emerging Bluechip
2. HDFC Mid Cap Opportunities
3. UTI Mid Cap
Hi Sreekanth,
I have started the following SIPs in 2014, after reading your blog I have a strong feeling that I should consolidate my portfolio. Please advise. I am investing around Rs 12000 across these SIPs
My investment time frame is 10-12 years and goal is to build a corpus for retirement, child’s education.
My current invested Mutual funds are
UTI MNC Fund
Birla Top 100
Franklin India Oppurtunities Growth
Franklin India Prima Plus Growth
SBI Emerging business
BNP Paribas Equity Fund
ICICI prudentiual focused blue chip equity
ICICI prudential export and other services
Regards
Dear zohra,
Suggest you to kindly go through this articles:
MF portfolio overlap analysis tools.
Make sure that you have not more than one fund from the same fund category. For example: Biral Top 100 & ICICI focused funds are large cap oriented funds. Inesting in two large cap oriented funds can be avoided, you can drop one. (Kindly note that both are decent funds)
Read: What are large/mid/small cap funds?
Thank you sreekanth for the response.
Would it be wise to have 1 large cap
2 small and mid cap
1 diversified
1 balanced fund.
hiii
Goodmorning
i am a newbie in investment stuff,although i am 41yrs age .i am planing to start with SIP of 6k/month (total)in three funds
from this month ,my goal is long term of more then 5ys-10yrs
i have choosen
1.Large cap oriented fund–50% of my fund
SBI blue chip (G)
Franklin India High Growth Cos Fund(G)
2.Midcap -30%
HDFC Capital Builder
UTI Midcap
3.Small cap-20%
TATA Dynamic bond,
SBI Magnum Gilt Fund,
please give your suggestion and opinion,also whether i can increase or decrease
in future the SIP amount per month.i want 50% risk in investment as i am planing long term goal
Dear Subha,
Kindly note that TATA Dynamic Bond & SBI Gilt funds are not small-cap equity oriented funds. They fall under ‘Debt Funds’ category.
Kindly read below articles and you may revert to me with more queries;
What are Large/Mid/Small cap category funds?
Types of Debt Mutual Funds.
Best Debt Funds 2016.
MF portfolio overlap analysis tools.
Yes, you can change your SIP amount but that depends on the features provided by the MF platform you are presently using.
Hi Sreekanth,
Please advice the expected returns of Birla Sun Life MNC Fund(G) in the span of 5 and 10 years?
Dear Dhruv..We can not predict the returns. But if one can get returns of around 12% from an equity fund then it is decent enough.
Anything more than that is a BONUS 🙂
Hi Srikanth,
Currently i am investing Rs 12,500 monthly in the below funds since 2013 and i am getting good returns overall 14% .
1. ICICI pru focussed Blue chip fund -direct [ Rs 5000 ]
2.Reliance Equity opportunities fund -direct [ Rs 5000 ]
3. UTI Opportunities -direct [ Rs 2500 ]
Now I want to invest another 5K /month after salary increment , I am a long term investor(over 20 yrs) and have decided to modify existing funds and 1 more fund.
Modifying –> Reliance Equity opportunities fund -direct [ Rs 5000 ] to Reliance Equity opportunities fund -direct [ Rs 1500 ]
Adding –> ICICI pru value discovery fund 5k/month
Please check and let me know , if its fine ..
Dear Nishanta,
Good portfolio returns.
1 & 3 are both Large cap oriented funds.
If you want to reduce allocation to Reliance fund which is a mid-cap oriented fund, you may opt for another mid cap / small cap fund like HDFC Midcap opportunities fund or Franklin Smaller companies fund (as your have 20 year horizon).
Read: MF Portfolio overlap analysis tools.
Hi Shreekanth,
Nice articles.
Following are my financial goals.
Could you please suggest some products to invest in.
GOAL s PRIORITY TIME FOR GOAL FULFILMENT
Retirement High 30 years
Child’s College Education High 18 years (Sukanya Samrudhdhi 7000/month)
Child’s Marriage Medium 22 years (Same account as above)
Foreign Vacation High 1 year
Home Medium 5 years
Thanks,
Sandeep
Dear Sandeep,
Kindly use the calculators available in the below articles and try to estimate the required amount of savings to achieve the desired goal amounts. You may revert to me after calculating the amounts.
Read:
Retirement goal planning calculator.
Kid’s education goal planning calculator.
Calculate Future value of your investments.
Once you have a fair idea about the required amount of savings, you may rejig your goal priorities (if any).
Hi Sreekanth,
Thanks for being there always to help.
Following are amounts which I need :
Required Retirement Fund : Rs. 64906577
Required Kid’s Education Fund : Rs. 4031156
Future value of your investments : Rs.473472
I have selected MFs (2nd row, 10%) for Retirement Fund and Kid’s Education calculator.
I have also went through your best mutual funds to invest in 2016. One question there. MF gives 20% return in 3 years, does that mean if I have invested 1000/month, total 36000 for 3 years, it will be 36000*20%=43200 OR it will be as follows:
36000*20%=43200 1st year
43200*20%=51840 2nd year and
51840*20%=62208.
Could you please suggest me few mutual funds as per my goals above?
Thanks,
Sandeep
Dear Sandeep,
If we calculate 20% for 3 years, then this is referred to as ‘absolute returns’. However the returns mentioned here are ANNUALIZED returns. So, the second example (calculation) is correct. The returns gets compounded.
Read:
Fiver formulas to calculate investment returns.
What is Real Rate of Return on Investments?
Also, kindly note that these are past returns and there is no guarantee that in future the funds’ generate same returns .
You have calculated the required ‘Corpus’ (goal amounts). Did you also analyze the required savings amount (approx) to achieve these goal amounts?
As your three goals are long-term, suggest you to allocate higher amounts in Diversified Equity fund & Mid/Small Cap funds.
Ex:
Franklin Prima plus
ICICI Prudential Value Discovery Fund.
HDFC Mid-cap opportunities fund.
Franklin Smaller companies Fund.
HDFC Balanced Fund.
Also read: MF portfolio overlap analysis tools.
Hi Sreekanth,
I am 28 years old and I am planning to invest Rs 5k/month in a growth fund for an investment horizon for 5 years.My risk appetite is medium and I am evaluating if i could invest in Franklin India Prima Plus. Could you please provide you expert opinion on
Dear Sourav,
You may consider two funds ex. Franklin Prima plus + HDFC Balanced fund.
Dear sir,
Can you give me some views over HDFC ULIP ?
I’m 22 and just got placed in a corporate.
I want to invest to reap a amount upto 2-3 cr upto my retirement.
Sorry to be appear naive, but what are your suggestions ?
Dear Omkar,
Your priorities can be;
1 – Get adequate health cover.
2 – Consider buying a stand-alone Personal Accident cover.
3 – Start investing in Equity oriented funds for retirement corpus accumulation.
Read:
Retirement planning calculator.
Best portals to compare health plans.
Important factors to consider before buying a health plan.
Best Personal Accident Insurance plans.
Hello sir…i have ben investing in Hdfc midcap opportunty and icici focused bluechip for my child educatio since 1 year…now day perfomance of these fund has gone down..should i switch to other peer fund which are doing well or continue my sip……second i have 2 lakh to invest lumsum.where to invest pls advice
Dear Neeraj,
Both the funds are decent ones. May I know the goal target year?
Your time-frame for lump sum investment??
My time frame is 10+ year …
Dear neeraj,
Both are decent funds and since you have 10 year time-frame, do not worry too much about short-term under performance of the funds. Kindly remain invested.
Iam suntosh Siingh, age 24 yrs, plz suggest me term insurance, i alrdy hav a lic but assured amount is low plz suggest me some life insurace plan and investment plan
current portfolio
icici value discovery 2000
lic nomura-1300
recently started mirrae emerging mutual fund 5000
money back lic- 1600
lic jeevan anand- 600
my salary is arund 15k
short term goal
small business of automobile centre
marriage
long term goal
new house
new car
holiday trip
retirement at -55 yrs with 1 cr
Dear suntosh,
May I know if you have dependents and/or have financial liabilities/obligations??
LIC nomura scheme name?
Kindly go through below articles:
How to create a SOLID investment plan?
The 6 most common Personal Finance Mistakes..
List of best investment options.
Retirement planning goal calculator.
Dear Srikanth,
I would like to make some investments for my kids Education and marriage.
Could you please advice the funds with good return for a long term for 10 to 15 years ?
Monthly I would like to invest 3000/ for both the kids separately .
thank you so much for the good post
Dear Shreya,
Kindly go through this articles :
Kids’ education goal planning & calculator.
Blocks of Financial planning Pyramid.
You may consider investing in diversified equity fund + Balanced fund + Mid/small cap fund.
Examples: Franklin Primaplus + TATA Balanced fund + HDFC Mid-cap opportunities fund.
Hi Sreekanth, I am new to investing through market & looking for below mentioned goals to be fulfilled. I can invest Rs 7-10 K per month.
2 years – 6 Lakhs
Dear Amit,
To accumulate Rs 6 Lakh in 2 years, you may have to contribute around Rs 23,000 per month at an assumption rate of 9%.
So, you may have to either increase your contribution amount or increase the tenure.
You may look at MIP funds or balanced funds.
Read:
Best MIP Funds
Best Debt funds.
Best Balanced funds.
Dear Sreekant,
I would like to invest approx. 20-25k per month. First requirement of fund would be approx. 4 years from now and thereafter approx. 15 years.
Please suggest some good funds to invest in and what is the benefit of investing in mutual funds through some intermediaries. What is cost of investing in SIP and if I invest through some intermediaries, do I need to incur additional cost for hiring their services ?
Arun Kumar
Dear Arun,
4 year goal : You may consider investing in balanced fund till 3 years from now and then switch to safe investment avenues.
Kindly read:
Best Balanced funds.
Long term goal : You may consider investing in Diversified equity fund, mid cap fund & Small Cap fund.
Read: What are Large/mid/small cap funds?
The transaction costs depend on the type of platform or mode you choose to invest. Say if you opt for online platforms like say fundsindia.com there are no extra fees levied on investor. For example if you invest through platforms like icicidirect.com, there can be per transaction based fees.
You can invest in Direct plans of MF schemes through respective fund house websites or through industry sponsored platform like MF utility.
Read:
What are Direct Mutual fund plans?
MF Utility online platform.
Direct plans Vs Regular plans – Comparison of returns.
Hi Srikanth,
Currently I am investing Rs.5000 monthly in the Axis long term equity fund – direct growth (ELSS for returns and tax savings purpose). Now I want start another monthly sip for Rs.5000 in the Diversified equity fund. I have shortlisted two funds .
1)Franklin India Prima Plus Fund – Growth
2) Icici Prudential Value Discovery Fund -Growth.
My investment horizon is >15 years and I am looking for consistent and high returns over the long run in the future
Can you please suggest which one I can select from above two funds for investing and what would be your choice in the above two funds for investing
Dear Praveen,
Considering the portfolio overlap %, your existing scheme & investment horizon ; you may invest in ICICI Pru discovery fund.
Also read: MF portfolio overlap analysis tools.
Hi Shreekanth,
I am new to investing. i have been only investing in RDs till now. I have kept 1 RD of 5000/- and stopped other RDs.
Goal:
Short term: 5 lakhs in 3 years (tax benefits + investments)
Long term goal: 20 lakhs in 10 years.
Per month investment: 15ooo can go up to 18ooo max.
Need your suggestion for investing through SIPs. what proportion on investments should be in Equity & debt
Regards,
Reema
Dear Reema,
Your decision to stop too many RDs is the right one.
Kindly read: Why one should avoid investing in FDs/RDs for longer period?
Short Term goal : You may consider investing in a balanced fund + Aggressive MIP Fund + one RD. Kindly note that no tax benefits will be available.
Long Term goal : You may consider investing in an ELSS Fund (tax saving u/s 80c) & in one Balanced fund.
Read:
Best ELSS Funds.
Top Balanced funds.
List of best investment options.
Best MF MIP Funds.
Dear Shreekanth,
thanks a lot for the valuable suggestion. after reading your articles I am thinking of investing in the below Funds. Please suggest if they are ok as i do not want to be aggressive since this is the first time i am going to invest in MF.
Short term
1. HDFC childrens gift fund(investment plan) – Rs. 2000
2. SBI Magnum MIP Floater Fund- Rs.2000
3. Birla Sunlife MIP II Wealth 25 Plan (Growth) Rs. 1000
4. Axis Long Term Equity fund -Rs. 2000.
Thanks and Regards,
Reema
Dear Reema,
You may consider HDFC Balanced fund instead of HDFC Children fund.
Consider investing in one MIP fund instead of 2 funds.
thank you for your guidance Sreekanth ..
Dear Sreekanth
I am 35 years and an NRI and I have deposited in the following schemes on Sep 2015 :
1) Franklin India High Growth Companies Fund – GROWTH – 30K
2) Franklin India PRIMA PLUS – GROWTH – 25K
3) SBI Magnum MidCap Fund – Regular Plan – Growth- 25K
4) SBI Pharma Fund – Regular Plan – Growth- 20K
5) SBI Small & Midcap Fund – Regular Plan – Growth – 25K
6) UTI-MNC FUND – GROWTH – 15K
7) UTI-TRANSPORTATION & LOGISTICS FUND – GROWTH -25K
I would like to do additional investments either as fresh investments or to the existing schemes .Please review my portfolio and give your valuable suggestions and my investment horizon is 7-8 years
Thanks and regards
Gladwin
Dear Gladwin,
You can make additional investments in some of your existing schemes which have been performing well and you are happy with.
Read: MF portfolio overlap analysis tools.
Hi.
Goal.
a. 10 Lac – after 7 years
b. 10 Lac- after 10 years
c. 20 Lac- after 15 years
Please suggest if the following SIP is correct as per above requirement.
Franklin Prima Plus Growth – 5000/-
SBI Magnum equity direct- 3500/-
ICICI prudential term plan growth- 1500/-
Mirae emerging bluechip – 3500/-
Escort short term debt- direct-G- 1500/-
Thanks
Khan
Dear Khan..May I know the respective time-horizon of shortlisted funds? Is it ICICI Pru Term plan?
Dear Sreekanth
It is ICICI pru long term plan prem growth.
Franklin Prima Plus Growth – 5000/- 7 Years
SBI Magnum equity direct- 3500/- 10 Years
ICICI prudential term plan growth- 1500/- 10 Years
Mirae emerging bluechip – 3500/- 15 Years
Escort short term debt- direct-G- 1500/- 15 Years
Thanks
Khan
Dear Khan,
Ideally short term debt funds can be invested for 1 year or so.
Other funds look fine.
Funds”:
Axis Long term equity 5000/-
Axis Mid cap fund Rs 5000/-
HDFC Mid cap oppurtunities fund Rs 5000/
Franklin Small & Mid cap companies Rs 5000/
Icici Value discovery fund Rs 5,000/-
SBI Pharma Fund Rs 5000/
Birla MNC Fund Rs 5000/-
Hi Sreekanth,
I have been reading all your articles and they were very helpful for my financial planning.
Thank you so much.
From this year I have started investing 10,000/- per month via SIP in the below Mutual funds.
Short term ( 10 years) :
ICICI Value Discovery : 3000/-
Franklin India Smaller Companies : 3000/-
Is my portfolio OK, as I am thinking to add one more fund HDFC MidCap Oppurtunities / DSP BlackRock Micro Cap for long term.
Kindly suggest.
Regards,
Sridhar
Dear Sridhar,
Thank you for following my blog.
Kindly note that you can consider an investment horizon of 10 years as LONG-TERM.
Both the funds are good ones.
You may consider adding one balanced fund like TATA balanced fund to your portfolio.
Hi Sreekanth,
Currently I hold these funds, can you please suggest Can I continue with these funds and need to do any rebalance ? My investiment horizon in 10 Years.
SBI BLUE CHIP
FRANKLIN INDIA FLEXICAP FUND GROWTH
UTI EQUITY FUND
RELIANCE GROWTH FUND-GROWTH PLAN
Sundaram Equity Multiplier Growth
UTI MID CAP FUND GROWTH
HDFC Small & MidCap
UTI INFRASTRUCTURE FUND
UTI LONG TERM ADVANTAGE FUND II
UTI Dynamic Bond Fund
Dear Ronald,
If you have time-frame of >10 years, suggest you to redeem debt oriented plan and re-invest the amount in equity funds.
SBI Bluechip, UTI Equity fund, UTI mid-cap, Franklin Flexi-cap are decent ones.
In place of HDFC Small cap you may consider Franklin Smaller companies fund or DSP micro cap fund.
Hello Sreekanth,
Last year I have invested in ELSS MF as lum sum amount (20K in each):
Axis long term equity-growth
Birla Sun Life Tax plan-growth
Franklin India TaxShield – growth
Now, I want to start SIP of 8500 pm. I am looking for long term 15yrs.
Can you plz guide in choosing from above 3 MF.
Plus last year I went thru my bank and opted for direct plan.
Should I start SIP directly thru their site ? or stick to my bank ?
Hi,
Currently planning to invest for short term 15000 p.m. for an year. Required rate of return would be 14%.
Could you please suggest some schemes for SIP
Hi Sreekanth,
My monthly current running SIPs in below equity fund as follows…
Franklin India smaller cos. fund ₹1000/- regular growth, goal period >15years, for Kids education
Franklin India prima plus fund ₹1000/- regular growth, goal period >22years, for retirement
Tata balance fund ₹1000/- regular growth, goal period >20years, for Kids marriage.
I also invested in death fund of Birla SL MIP II wealth 25 ₹1000/-regular growth, goal period 15years. Please suggest one good fund…
Dear Abhishek,
It might be a typo error, kindly note that it is ‘debt’ fund.
For a goal which is 15 years from now, suggest you to opt for a diversified equity fund or mid-cap fund instead of Birla MIP fund.
Other funds are good ones. MIP fund is also a good fund but looking at the time-frame, you can consider investing in a different fund.
Hi Sreekanth,
by following your various post i have decided to start SIP investment. i am considering Scripbox as by investing tool rather than going directly with AMC.
I want to know more about “rebalancing your funds yearly” rebalancing means switching one Mutual fund to another ? then what happened to the money i already invested in the old funds. ?
Dear Sreejith,
Are you referring to re-balancing Equity Vs debt (asset re-balancing) or churning the MF portfolio?
Hi,
I meant MF portfolio. i am planning to start SIP of around 10k for 15 years
Dear Sreejith,
You can start investing in top performing mutual funds and stay invested for long-term.
In case if any of the funds is not performing well even after waiting for say couple of years, you can redeem the units of such fund and re-invest in a better performing fund. But kindly note that it is almost impossible for any investor to always be with the best. The point to note here is ‘be with the funds which are consistent’.
I want to invest in SBI pharma fund arround 5 lacks now please advice.
Dear mirza..Do you have any other existing Mutual fund plans? May I know, Why do you want to invest in SBI pharma?
I have invested 02 lacks in each fund. 01 SBI Pharma fund 02 SBI Megnum global fund and03 sbi Bluechiep Fund. I have 06 lacks surplus mony and i think pharma sector will perform better thats why i want to invest in this fund. Please advice.
Dear mirza..Suggest you to diversify across other fund houses too. If your investment horizon is long-term and if you understand the pharma sector, kindly go ahead with your plan.
I am 30 year old Male working in a MNC in Delhi with monthly salary of 1 Lakh/month
I am married and 1 year daughter with no loans.
I want to invest INR 25 Lakh with moderate risk profile (around 15% return per annum)
I am looking for long term horizon (5-10 years)
I have this lumsum money please advice a investment strategy for me
I am considering two options
I park this money in liquid fund temporally and do SIP in Mutual funds.
I buy real estate and also take some loan as I have surplus of 50 thousand/ month
Please advice
Dear Sameer,
Suggest you to invest for your long term goals like kid’s education & your retirement before buying a home for self-occupation.
Kindly read: The 6 most common personal finance mistakes….
Let’s have a reasonable expectation of say around 12% 🙂
Before creating an investment plan, let’s discuss on insurance part first. Do you have adequate life & health insurance coverage?.
Read:
Blocks of Financial planning pyramid.
If life is unpredictable, insurance can’t be optional.
Retirement planing goal & calculator.
Kid’s education planning calculator.
hi
i want to ask about starting new SIP for me and my brother and for my child.
my age is 36 now.i have twin brother.
i can invest 15000/- each means total 45000/- per month for 3 of us.
my goals:-
my and my brothers retirement planning.horizon 20 yrs.expectation of 2 Cr each for retirement.
My child’s education, his age 1 yr. horizon 17 yrs. expectation of 1.5 Cr for education.
also i want to put my 50000/ year in ELSS each for 2 of us.
which funds are recommanded for me and my brother and for my child.
should i put SIP in different funds from each other for 3 of us, or i should put common funds from the three of us?i mean to say should i make SIP of different funds for each 15000 or choose same funds for all three 15000/-??
Also how can i invest in direct plans of mutual funds??
thanks for awesome blog.
Dear karl,
Retirement Goal: Kindly use the calculator available in the article to arrive at approx amount of savings required to achieve your retirement corpus. Read: Retirement Planning & calculator.
Kid’s Education Goal : Read – Kid’s Education Goal calculator.
You may consider investing in ELSS funds if one of your objective(s) is to save some taxes, else you can stick to regular Equity oriented funds.
My ELSS picks : Franklin Taxshield/Axis LTE/ICICI Pru LTE funds.
Read:
Best ELSS funds 2016.
What are Direct plans of MFs?
MF Utility platform for Direct plans.
Direct Plans Vs Regular Plans – Comparison of Returns.
Do you have any existing Life insurance & Health insurance policies?
i have no life insurance plans and health policies.
i have calculated retirement corpus to be around 2 cr.
and kids education around 1.2 cr.
what will be the best plnas for this.
i am going for ELSS for tax saving only.
thanks for reply.
Dear Karl,
Kindly read: List of best investment options.
Suggest you to buy a Term plan, Personal accident insurance plan & family floater health insurance plan at the earliest.
Read:
If life is unpredictable, insurance cant be optional.
Best Term insurance plans.
Best Personal Accident insurance plans.
Best Family floater health insurance plans.
Best portals to compare health insurance plans.
ok thanks, i will buy insurance for me and my family.
i have read all investment options too.
i want to start SIPs.
which finds should i choose??
Dear Karl,
As your investment horizon is long-term, you can consider below funds;
Franklin Primaplus / ICICI pru discovery fund.
HDFC Mid-cap opportunities fund.
Franklin Smaller companies fund / DSP Micro cap fund.
TATA Balanced fund.
thanks thats really healpfull.
Dear,
Thank you for wonderful article. My goal is for 10 yrs or more period investment. My portfolio SIP is…
1) ICICI pru value discovery Direct Growth – Rs2000/month
2) Franklin india high growth cos. Direct Growth – Rs1500/month
3) Franklin india smaller cos. Direct Growth – Rs1500/month
4) Sundaram SMILE Direct Growth -Rs2500/month
i wnat to add one more fund for SIP and i prefer CANARA ROBECO EMERGING EQUITIES-Direct Growth
Is it advisable ??? your suggestion pls.
regards,
Subbiah
Dear subbiah,
I believe that we have already discussed on this sometime during February ??
Kindly note 1,2 & 3 funds are good ones.
Yes and thank you for remembering me…..
Actually what i mean…..i want to start one new SIP…..Is it better to invest in new fund (SIP) or investing in 1,2&3 funds by buying additional units.
Pls suggest
Dear subbiah..buying additional units of the existing funds can be a better option.
Hi sir…planning to invest in ELSS
4 funds selected
Axis long term equity
BIRLA TR 96
RELIANCE TAX SAVER
FRANKLIN TAX SHIELD
all in growth option at 3k sip planning to keep for next 10 years …
Is my options are good …please help???
Dear Senthil..Kindly do not post same queries in multiple articles. Kindly read my reply @ Mutual Fund Direct plans Vs Regular Plans : Returns comparison..
Hi Srikanth
I am 28 year old . My proposed investment for this year is
60000/- in PPF, 60000/- in NPS (compulsory employee contribution), 13000/- in Term Insurance , 50000/- in ULIP plan (SBI Smart performer last installment).
I am investing 1000/- pm in SBI Bluechip MF also.
I want to invest 6000/- pm in MF . Rs 4000/- for mid term (1-5 yrs) and 2000/- for long term (5-15 yrs)
Kindly suggest me good MFs.
Thanks for your dedication and knowledge sharing.
Dear deepak,
<5 year horizon : You may consider investing in a balanced fund + large cap fund. Ex: HDFC Balanced fund + ICICI Focused Bluechip.
Long term goal : You may consider ICICI Pru Value Discovery Fund + HDFC Mid-cap opportunities fund + Franklin Smaller companies fund.
Hi Sreekanth,
Upto FY 15-16, I had invested EPF+PPF=49,000+1,50,000=1,99,000. LIC endowment policy-25313/Annum
From FY 16-17, I want to change my investment strategy in d following way
EPF-49,000
PPF-62,000
DSPBR Micro-Cap Fund-Reg(G)-2500/Month
Mirae Asset Emerging BlueChip-Reg(G)-2500/Month
Axis Long Term Equity Fund (G) ELSS – 2500/Month
Max online Term Insurance plan 1Cr-9045/Annum
LIC Endowment policy-Plan to close, Already paid for 6 year
Kindly Advise. Ihave a long term requirement (15 years)
Regards
Pramod Mishra
Dear Pramod,
Suggest you to identify & set your goals and then work on creating your investment plan.
Read: How to create solid investment plan?
Suggest you to buy a term plan (as planned) and make your LIC policy PAID-UP.
Read:
Term insurance Vs traditional plans.
How to get rid off unwanted life insurance plan?
Shortlisted mutual funds are good ones.
Dear Srikanth,
I have been reading your articles and they are very helpful. Thanks for that! I am planning to start investing in ELSS/MF, here is the my current investments.
1. For Tax benefit: 150K /year
How much in VPF/PPF/NPF
How much ELSS and what type of ELSS I should choose – Equity MF, Balanced or Debt MF??
2. For Additional Investment: 22.5 K/month
Which type of MF should I choose.
Is it good idea to invest 50K in NPS as it gives tax benefit and decent return.
Kindly reply.
Dear Mahesh,
Thank you for following our blog.
1 – How much ? That depends on your financial goal(s). ELSS mutual funds can give you tax benefit and not balanced or debt funds.
2 – Mutual funds for longer period, can give you better returns than NPS.
May I know your investment horizon & financial goal(s)??
Hi Sreekanth, I am 27 years old and want to invest in SIP. I want to invest Rs. 5000 per month for a period of 5 years and risk taking is not an issue with me. Which fund would you suggest?
Dear Dhairya,
You may consider : Franklin Prima plus + HDFC Mid-cap opp fund.
Dear Srikanth,
Kindly review my portfolio and suggest any changes that I need to make. I am 35 years old and have bought an apartment(EMI is running)
My portfolio:
Debt:
1) Pf+VPF = 15K per month
2) PPF = ~5k per month
3) FD/RD = ~10k per month
Equity:
1) Reliance Equity opportunities fund — NO SIP, invested 50K 6months back
2) HDFC mid cap opportunities Fund– 5k/month
3)ICICI Pru Dynamic — 5k/month
Now I want to invest another 5K /month. I am a long term investor(over 15yrs) and have decided to make below changes.
4) ICICI Pru value discovery fund –5 k/month instead of ICICI Pru dynamic fund
5) HDFC Balance Fund — 5K/month New SIP.
Please suggest if these picks are fine and also suggest if I need to make any changes in the portfolio.
Regards
Raghu
Dear Raghu,
May I know how much % of your savings is going towards the debt investments? (PF+PPF+RDs).
Any specific goal for making FD/RDs?
Read: Why one should avoid investing in FDs/RDs for longer period.
Your portfolio : HDFC Mid-cap + ICICI Value + HDFC balance fund looks fine.
Hi Sreekanth,
Thanks for the reply.. Just want to create emergency backup amount with FDs/RDs for one year. After one year want to re-look into the investment model again.
Regards
Raghu
Hi Srikanth, I have invested in Franklin smaller companies fund and Mirae emerging bluechip fund in small and midcap. i have also invested in icici value discovery fund and tata balanced fund. i am thinking of long term investment of more than 8 years. What do u think about the portfolio and let me know if any change is required.
Dear Amit..Good ones. Kindly stay invested.
Hi
Presently I have 5k RD in banks & 1k PPF.
Now I want to invest 5k in small and mid cap funds for higher returns. I know this funds are on high risk.
I have selected…
1. HDFC Midcap Opportunities
2. Mirae Asset Emerging Bluechip
3. Franklin Smaller Companies
4. DSP BR Microcap
5. SBI Small & Midcap
All are Direct Growth with 1k each & want to continue for long duration…. say 15 years.
Dear Rohit,
It is good strategy to invest in mid/small cap funds since you have a very long-term investment horizon.
However, investing in so many funds within the same fund category may not be really beneficial. (Individually all are good funds).
You may pick couple of funds from the list.
Read:
MF portfolio overlap analysis tools.
Kindly give ur opinion, which plane to choose and how much to invest in each.
Want to invest total 5k.
Dear Rohit,
My picks would be: HDFC Mid-cap & Franklin Smaller cos funds.
Hi Sreekanth,
I want to invest 1 lakh in Tax saving Elss funds for the year 2016.
Iam investing in the following funds
1. Axis LT equity fund – direct – 50k
2. Franklin india tax shield – 50k
Please suggest me if ican proceed….
And also iahve one basic but important query, Plez answer this as well.
I have seen every year, your posting top equity fund to invest in 2015, 2016 etc…
but if i invest in on XYZ fund in 2015 suggested by you and u have removed that fund in the following year… Then what should i do? should i do redemption and invest in that new fund????
if so, but u have said we need to invest in mfs for atleast 10 yrs?.. Please explain..
plz reply……..
Thanks,
Ram
Dear Ram,
Both the ELSS funds are good ones.
Very good question.. When I post best funds, it is mainly meant for the investors who want to create fresh SIPs/make fresh investments. If somone has already invested in some funds (own analysis or on advisor’s advice or based on my articles), there is no need to churn the portfolio. As long as one is happy and the returns of the entire MF portfolio is in-line with his/her expectations then no need to redeem the fund(s) units. I have mentioned these points in the article too. In fact my MF portfolio is same for almost last few years.
Dear Sreekanth
I plan to invest in the following funds, please share your feedback on these funds:
1.) Kotak Select Focus Fund
2.) SBI Bluechip Fund
3.) Franklin India Prima Plus Fund
4.) Kotak Emerging Equity Fund
Also pls suggest if any other funds better compared to these.
Dear AP..May I know your investment objective & time-frame??
Dear Sreekanth
I plan to book profits on a regular basis and move profits to low risk investments; e.g. FD etc. I plan to stay invested for short term. Please advise.
Dear AP..May I know why do you want to implement this strategy? Why do you like to invest the profits in FDs?
If your horizon is short term suggest you not to invest in Equity oriented products.
Hi Sreekanth
I am very new to mutual funds and I am planning to invest 10k – 15k per month in mutual funds for one year and get familiarized on how these work. Since I am comfortable with ICICI bank, I have thought of – ICICI Prudential Balanced Fund to start with. I don’t have fixed time frame, but I have plans to buy a house after 5-10 years. So I am increasing my wealth for that. So far only FD has been my investment option.
Is it a good idea to get started with this fund? Since I am totally new to this, is it okay to invest 15k as a newbie?
Thanks
Dear Deep,
ICICI Bank & ICICI Balanced fund, how are they related? A Fund invests in different financial securities.
But starting with a balanced fund is good decision.
Read:
Why one should not invest in FDs for longer period?
My mutual fund portfolio..
What are large/Mid/Small cap funds?
Right now m investing in bsl front line equity growth
Canara robeco emerging equity growth
Icici pro discovery fund
Icici focus bluechip
Each rs1000 should I continue or changed /add?
Dear rahul,
You may kindly check for any high portfolio overlap between ICICI foused & BSL funds.
Read: MF portfolio overlap analysis tools.
Please provide two funds comprising large & multi cap for long time 1k each…
I shortlisted Sbi Bluechip & Icici Pru Value Discovery…
With another 3 funds midcap smallcap
Mirae Asset Emerging Bluechip
Franklin Smaller Companies
Dsp Br Microcap
Please comment….
Dear Bikash,
Bluechip & Discovery funds fine. Out of 3 small cap funds, you may shortlist one or two.
Use, MF portfolio overlap analysis tools to select them.
Sir
My monthly income is 35000. I want to invest following MF through sip
1) BSL FRONTLINE FUND – 2000 -30th
2) SBI EMERGING BUSINESS – 1000- 5th
3) IDFC PREMIUM FUND -2000-20TH
4) FRANKLIN SMALLER FUND-2000-25th
5) RELIANCE TAX SAVER-2500- 10th
6) AXIS LONG TERM EQUITY -2500 – 15 the
7)SBI GOLD FUND -500-25TH
8) RELIANCE GOLD FUND -500- 10TH
9)TATA BALANCED FUND -2000- 5TH
ALL in growth option. Can I continue my investment for at least 15 years. Pls reply.
Dear RITESH,
You may trim down your selection (no of funds).
Read:
MF portfolio overlap analysis tools
My MF Picks.
What are Large/Mid/Small cap funds?
Hi Sreekanth
,
I have been investing in UTI Equity from last one year and want to continue for long. But a bit concerned now as the fund has not been performing compared to its peers for quite some time. Also fund manger Anoop Bhaskar is not there now. Are these factors something to worry about. Please advice. Thanks
Dear Tridip..You may wait for some more time to make a switch.
Dear Sreekanth Ji,
I would like to invest in Mutual Fund SIP for minimum 15 years with Rs. 20000 per month.
I have selected following funds, So kindly suggest good funds to create mutul fund portfolio.
1. Birla Sun Life Frontline Equity Fund -Growth
2. SBI Blue Chip Fund Reg Plan-G
3. Franklin India Smaller Companies Fund-GROWTH
4. DSP BlackRock Micro Cap Fund – Regular Plan – Growth
5. Canara Robeco Emerging Equities-Regular Growth
6. ICICI Prudential Value Discovery Fund – Growth
7. UTI Mnc Fund Growth Option
7. Tata Balanced Fund Plan A – Growth
8. UTI Mid Cap Fund Growth Option
9. Reliance Small cap Fund – Growth
10. Mirae Asset Emerging Bluechip Fund Growth
Thanks,
SNR
Dear SNRajwadi,
The shortlisted funds are good ones. But not advisable to invest in so many funds, too much diversification may not be beneficial.
Read:
Mf portfolio overlap analysis tools.
My portfolio picks.
What are Large cap /mid-cap & small cap funds.
Dear Sreekanth,
I am regular a follower of relakhs.com for my financial planning and investments. And really appreciate your efforts.
Here I have a question which is bit different from the actual theme:
Should I go for a car loan for buying a new car or make that payment in cash? which is available with me from my past investments.
Loan amount is approx Rs. 300000 and interest rate will be around 10-12% , loan tenure could be 3-5 years.
My main objective is to make better use of the money.
Dear Anil,
Depends on the rate of interest (car loan) and your expected returns on investments in future. This is called as opportunity cost.
If you have not allocated sufficient savings towards your other high priority goals, suggest you to invest this money and go for a car loan. Do you have any other loans?
Read:
7 important personal Finance Ratios..
Dear Sreekanth,
Thank you for your reply.
I dont have any other loan.
After reading most of your articles and Questions & Answers on personal finance, I had made a financial plan which comprises of term insurance, personal medical health insurance along with corporate mediclaim provided by my employer, a mutual fund portfolio aligned with three major long term goals(ie. kids education, kids marriage, retirement) .
Right now confused with some Rs. 5 Lac which i had received from my FD, though few years back this investment was made for specifically buying a car but now i am unable to take a decision whether to pay entire amount in cash or go for a car loan which will cost me around 10-12% interest. Yes, i can understand that, we cannot predict future expected return on investment.
But anyway appreciate your expert opinion which makes our decision making bit easier.
Thanks
Dear Anil,
Glad that you are working on your personal finances based on our articles. Thank you!
You have not answered my question 🙂 , do you have any other existing loans? What is your EMIs to Income ratio?
No I do not have any other existing loans.
Thanks
Dear Anil,
Suggest you to invest a portion of Rs 5 Lakh for your long-term goals and the remaining portion towards down payment, and then take a car loan for the remaining balance amount.
I have birla sun life midcap fund plan a growth is running since 5 year.—1000 per month
2) ICICI pru-discovery bluechip focuz growth fund running since 1 year.—–1000 per month
3) reliance elss tax saver growth fund —25000 one time in 2015 march.
can u suggest above all investement was good or need to change.
Dear bhavin,
Are you happy with their performances? May I know your investment horizon?
Dear Sreekanth,
Can you please examine my current Mutual Funds portfolio whether it is right or should I make some changes (primarily consolidation). Currently I hold followings mutual funds:
• Reliance Tax Saver (ELSS): Invested during 2007-10 via SIP: 50k now worth ~1.6Lakhs
• SBI Magnum Tax Saving (ELSS): Invested during 2007-10 via SIP; 72k now worth ~1.6L
• Franklin India Bluechip: Invested during 2010-14 via SIP; Total worth ~80K
• DSP Blackrock Top 100: Invested during 2010-14 via SIP; Total worth ~70K
• HDFC Top 200; Invested during 2009-14; Now worth ~85k
• HDFC Mid-Cap Opportunities: Invested during 2010-16, still 2k SIP is on; Total worth ~1.5L
• Reliance Banking: Invested during 2010-15; total worth ~90K
• Reliance Equity Opportunity: Invested during 2009-13; Now worth ~45k
Out of all above, I am continuously investing in HDFC Mid-Cap Opportunity Fund. Beside this, also started three new funds based on your articles and suggested funds:
• Birla SunLife Frontline Equity (3k SIP from Feb 2016)
• Tata Balanced Fund (2.5k from Feb 2016)
• HDFC Prudence Fund (1.5k from Jan 2015)
All funds are under Growth options, and Direct Investment (whenever created) plans.
Please advise which mutual funds I SHOULD continue to invest and which I MUST divest. I wish to continue to invest in mutual funds for wealth creation for longer term. Also, should we also sell our previously invested mutual funds if they are not performing well and put that money in new MFs.
Dear Deepak,
Yes, we do need to sell out and switch to better performing funds, but do note that this has to be done after tracking the funds’ performances for atleast say a couple of years. Frequent churning of the portfolio and investing in too many funds especially within the same fund category may not beneficial and not advisable.
The three SIP funds + HDFC Mid-cap are fine. May I know your investment horizon.
Kindly read: MF portfolio overlap analysis tools.
Selling previous funds would attract STT, and re-investing this amount into newer ones also burden the investor with initial charges (expense ratio). Is there any harm if I continue to hold them, and make fresh investment into above four MFs as confirmed by you? Currently investing 9k in these 4 funds, wish to invest total 12-15 k monthly in MFs. Please name of those funds which I MUST sell to invest into one or two new MFs – pls suggest their names also.
I aim to accumulate wealth for my only 5 years’ kid’s education and marriage and my retirement (25, 25 and 100 lacs respectively). Besides MFs, I have 11 lacs (in EPF and PPF). I would get nearly 13L and 18L in 2027 and 2032 respectively via LICs.
Dear Deepak,
My point is, just to avoid STT & other transaction expenses if one avoids to redeem unwanted funds (funds which have been not performing well for last few years), this can be more damaging..
Kindly read overlap article and can redeem funds which have high overlap percentage: MF portfolio overlap analysis tools.
May I know your LIC plan details (Plan name, commencement date,tenure)
Indeed well said, quite logical as well. Thanks for clarifying. Yes there is overlap in MF portfolio, so accordingly will sell out some of them in phased manner.
On LIC front, one is Jeevan Anand started in 2007 with ending 2028, while the other one started in 2011 with maturing every year starting 2022 till 2032 (premium also reducing down over the last 11 years). Though i know I would get only meager return here, but still i wish to continue them as maturity is not very far. I plan to buy an term insurance in the current financial year – either HDFC iClick or Prudential’s one. Appreciate your views here.
Dear deepak,
Read:
Best Term insurance plans.
Best Personal Accident Insurance plans.
I want to invest 20000 in sip per month.
For 15 years
Can take risk
Plz suggest funds
Dear Ramesh,
Kindly provide the suggested scheme names, you have mentioned only fund names.
ICICI Discovery, Franklin High & HDFC Mid-cap are good ones.
Hi Shrikant.. Ihave 4 sip right now (since six month)(2000 each)
Rel.eq. Opp.fund
Icici pru discovery fund
Franklin high growth Co.
Hdfc midcap Opp.
NOW I WANT TO GO 20000 / MONTH
My fin.adv.has suggested me to go
Icici (3), rel (3), Hdfc(4), frenk(4)[current fund]…And add Sundaram Select Midcap Fund (3)
Franklin india Smaller Companies Fund(3) = 20000 total per month..
Wht u say sir..?
Hi , i am looking to invest 2 to 3 lacs annual for two years in mutual fund. which one is better ? (looking for short term only)
Also i want to start monthly wise investment by INR 5000/- per month for 5 to 10yrs. Please advice which one would be suitable and for how many years ? I can continue for 15yrs if return would be good ?
Regards
Pankaj Mann 32yrs old
Dear Pakaj,
Kindly read:
Best Debt Funds.
List of best investment options.
For 5 to 10 year goal : You can consider investing in one Diversified Equity Fund + Balanced fund + Mid-cap fund.
Hello Dear Mr Sreekanth
My self Mayur from mumbai , i want to invest in SIP , I am totally new in this , Beyond my regular investments I want to Invest for 5 yrs & 1 0 yrs , 1000 for each.
What will be your expert opinion for s beginner like me ???
Thanks in advance
Mayur Munj
Dear Mayur,
You may consider a balanced fund like HDFC balanced fund / TATA balanced fund for a 5 year goal & Franklin Primaplus / ICICI Pru value discovery fund for a 10 year goal to start with.
I am 41 year old NRI, Just started investments in mutual fund;
I can invest 25000 / month. Following are the funds that I have short listed and started investing.
1. Kotak Select Focus Fund – Regular Plan (G)
2. SBI Blue Chip Fund (D)
3. UTI Mid Cap Fund (D)
4. UTI MNC Fund (D)
5. Axis Long Term Equity Fund
6. SBI Short Term Debt Fund – (D)
Could you please have quick review and suggest if I can go ahead.
Waiting for you valuable reply
Dear Pranav..May I know your investment horizon (time-frame)??
Also read: NRIs & FATCA compliance.
15 -20 years
Dear Pranav,
Since your investment horizon is long-term, you may replace one large cap fund (either SBI bluechip/Kotak focus fund) with a Small cap fund like Franklin Smaller companies fund.
Hi
I have selected below 5 funds to be invested for long time [say 15-20 years].
All are Direct Growth with 1k each.
1. SBI Bluechip
2. ICICI Pru Value Discovery
3. Mirae Asset Emerging Bluechip
4. Franklin Ind Smaller Companies
5. DSP BR Microcap
Please express your views……
Dear Rahul,
Good ones. But suggest you to check the portfolio overlap among 3, 4 & 5 funds.
Kindly read: Mutual fund portfolio overlap analysis tools.
I want to invest 2000 Rs in 2 Mutual funds SIP for long term (20 Years). Please suggest me 2 good Funds name to start investment.
Dear Niraj,
You may consider Franklin Smaller companies Fund & ICICI Value discovery fund.
Dear Sreekanth,
Greetings and good wishes for the excellent work you are doing.
I am 55 y.o and want to invest in some good MFs so that I can depend on their return @ 60 and beyond. I have 48L in FD maturing in 2019; I can invest upto Rs. 50,000 p.m in MFs
My investment are targeted towards retirement corpus accumulation as well as monthly income of at least Rs. 60,000/- to take care of my expenses on retirement.
Awaiting your kind and expert advise.
Dear Belsucha,
Any specific investment objective for investing such a high value amount in FDs?
Kindly read : Why one should avoid investing in FDs/RDs for longer period?
Suggest you to go through these articles :
Retirement Planning & calculator.
List of best investment options.
Dear Sreekanth,
Thanks for your prompt response.
The reason for FD investment is to ensure a regular monthly income for upkeep of monthly maintenance costs of around 50k per month currently. Further, I have no other source of income or no other investment and I am also losing my job in July 2016. At this crisis hour my FD is my savior.
If I get a good advice for a safe investment in any other mode, I am willing to do so with the separation benefits of around 25L that I anticipate to receive by mid-Aug.
So kindly advice accordingly. I will go through the three links you have so kindly provided.
Best regards
Dear Belsucha..Kindly go through the links (use retirement expenses calculator) and you may revert to me if you have any more queries.
Do you have sufficient health insurance cover? Any financial commitments, kindly share?
Dear Sreekanth,
I have gone through the provided links and the Retirement Calculator gives the following figures:
Retirement Corpus : 15,993,403/-
Required Savings /month : 1,68,339/- @ 9% Expected Rate of Return
: 1,63,013/- @ 10%Expected Rate of Return
: 1,52,740/- @ 12%Expected Rate of Return
I am willing to save the about amount but don’t know how and where to invest during the accumulation phase of 6 years starting this year; please suggest best investment avenues / scheme
I do not have any health insurance cover at this moment
I have left my FD untouched in arriving at the above figures
Can I email you a cashflow statement that I prepared with as much as my knowledge permitted me so that you can kindly retune it to meet my financial goals ?
Awaiting your kind response to my above post which I am posting again for your kind response.
Best regards
Dear Belsucha,
Kindly note that these are AVERAGE values, if your income inceases in the future then you can save/invest more which will enable you to reach goal amounts quickly or accumulate higher goal amounts.
If you have six years time-frame, suggest you to invest in Balanced funds for the next 4 to 5 years.
Read :
Best balanced funds.
List of best investment options.
Health insurance : Read : Best portals to compare health insurance plans.
Hello Sir,
I am 42 and below is my SIP portfolio for 10 +year(For my son education and my retirement) which i started from last year.
1. UTI equity-5000
2.ICICI value discovery-5000
3.HDFC balance fund -5000
4. ICICI balance fund-5000
5. Franklin small company-8000
6.HDFC mid cap -6000
7.UTI mid cap -6000
I am already having term & health insurance.
I am little bit confused for UTI mid cap and HDFC mid cap fund. UTI fund manager has changed and other fund in small & mid cap. e.g DSP black rock micro cap, Mirae asset emerging bluechip and reliance small cap are giving better return (even in current volatile market) compare to UTI and HDFC mid cap.
Please suggest if i can switch UTI and HDFC mid cap to Mirae asset and DSP black micro cap fund?
Thanks & regards
Rajesh
Hi,
I an new to mutual fund investment. I am planning to invest in one short term (3-5) years and one long term (10 years). I want to invest Rs. 1ooo in each.
I am considering :
1. Tata balanced fund
2. Birla Sunlife Wealth 25
3. SBI Magnum MIP Floater Fund
4. SBI Midcap
Kindly suggest which two schemes I should go for?
Or if there are better schemes according to my needs.
Thanks in advance.
Dear Shulkha,
You may consider Franklin Smaller cos fund instead of SBI midcap fund.
Dear Rajesh,
Suggest you to wait for some more time before making the switch. Kindly understand that consistency is what matters.
The portfolio looks ok to me.
Suggest you to check for any high overlap among the mid/small cap funds. Kindly read : MF portfolio overlap checking tools.
dear mr reddy i want to invest in sip MF WITH 10000 rs per month in 5diff funds.for approx 10 yrs .as i may need the money for my childs education.and also term plan.i choose the following1-axis bank long term equity funds. 2-ICICIvalue discovery fund 3-HDFC MIDCAP OPPERTUNITY FUND 4.MIRAE EMERGING OPPERTUNITY FUND. CAN YOU SUGGEST ANY OTHER FUND WHICH MAY GIVE A GOOD RETURN.AND ALSO PL SUGGEST A BEST TERM PLAN AS I AM 41 YR OLD I WANT TO HAVE A TERM PLAN AS EARLY AS POSSIBLE. I ALSO HAVE A PPF ACCONT AND A SUKANYA SAMRIDHI AC FOR MY 6 YRS OLD CHILD.and also pl suggest how the KYC can be created for the mutual fund investment
Dear DEBAJYOTI,
Term insurance, kindly read :
Best Term insurance plans.
Best Personal accident insurance plans.
Do you & family have health insurance cover?
Shortlisted funds are good ones.
Read:
Kid’s education goal planning calculator.
Financial Planning Pyramid..
KYC, read : How to get MF eKYC done?
YES SRIKANTH WE HAVE A MEDICLAIM FROM STAR HEALTH NAMED FAMILY HEALTH OPTIMA,5LAKHS.
AND ONE THING IN MAKING KYC ONLINE IS IT SAFE TO DISCLOSE AC DETAILS ONLINE AS TODAY.
Dear DEBAJYOTI,
It is safe. Else you can visit any CAMS office and get it done too.
Hi
I have below 10 funds from April 2015.
All are Direct Growth with Rs 500 each.
1. UTI Equity
2. SBI Bluechip
3. HDFC Top 200
4. UTI Midcap
5. SBI Magnum Global
6. HDFC Midcap Opportunities
7. UTI MNC
8. TATA Ethical
9. HDFC Balanced
10. TATA Balanced.
Please reveiw should I continue all OR make some adjustments ??
Dear Gautam ..May I know the reason for investing in so many funds?
Read : MF portfolio overlap analysis tools.
Not any specific reason…