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Sensex at 50k: ‘Wish to make investments 10 lakh in MFs’


 

Omkeshwar Singh, Head, Rank MF, a mutual fund funding platform, solutions your queries:


R Parameswaran: Pricey MF Guru, Greetings of the Day. My son, aged 30, holds the next MFs, through which final SIP received over in March 2020. 

SrAMC IdentifyFund IdentifyWhole Quantity Invested as much as March 2020No. of Models as on March 2020
1ABSLFairness Benefit Fund195000535.636
2HDFCBalanced Benefit Fund1800001081.401
3ICICI PRUBlue Chip Fund1350003791.616
4NIPPON INDIA (RELIANCE)Banking Fund143000626.941
5NIPPON INDIA (RELIANCE)Small Cap Fund1330003874.830
REGULAR GROWTH OPTION

I’d request you to recommendation as as to whether to carry / promote (half / full) the above MFs.

Omkeshwar Singh: Wanting on the High quality and the Margin of Security of the funds at current market ranges is best to fully exit from all of those schemes and the proceeds will be invested in Tata Balanced Benefit – Progress and Union Balanced Benefit Progress.

Presently (since July 2020) he’s investing an quantity of Rs. 16000 p.m as SIP in the direction of 5 completely different MFs. He had additionally invested a lump sum of 30000 in all these MFs. The small print are as underneath: 

SrAMC IdentifyFund IdentifyMonth-to-month SIP quantityNo. of Models as on Date
1AXISBlue Chip Fund30001662.220
2CAN ROBECOBlue Chip fairness40002121.225
3MIRAE ASSETWell being Care Fund30003362.874
4MOTILAL OSWALNasdaq 100 Fund of Fund30002985.792
5SUNDARAMCompanies Fund30004428.504
REGULAR GROWTH OPTION

I’d request you to recommendation as as to whether to carry / swap / extra buy within the above MFs.

Omkeshwar Singh: All these funds are good high quality and are additionally  at honest margin of security, subsequently kindly proceed with all this 5 schemes. 

Vikas Pathak: Kindly counsel whether or not i’ve chosen proper or incorrect and kindly counsel. I’m Investing in SIPs (since Aug-2018) in following funds…  

1. ICICI Discovery fund Direct-Progress – 1000 pm
2. ICICI Prudential BlueChip Direct-Progress – 2000 pm
3. Nippon Small Cap Progress – 2000 pm
4. Franklin Prima Progress – 3000 pm
5. Kotak Choose Focus Direct-Progress – 2000 pm
6. Motilal Oswal Focus-25 Direct-Progress – 1000 pm
7. Motilal Oswal 35 Direct-Fund – 1000 pm
8. SBI Bluechip Direct-Progress – 2000 pm
9. TATA ELSS Direct-Progress – 1000 pm

Omkeshwar Singh: Please proceed with 1, 6, 8 and 9; relaxation will be exited and consolidated into Axis Bluechip Fund – Progress and Parag Parikh Flexi Cap Progress.

niraj kalra: pls title five- six funds together with balanced benefit and hybrid one every to take a position when sensex is round 50000 with 2-3 years horizon. i need to make investments about 10-15 lakhs.

Omkeshwar Singh: Wanting on the funding horizon, debt and Hybrid can be applicable

Hybrid – Tata Balanced Benefit – Progress and Union Balanced Benefit Progress

Debt – HDFC Quick Time period Debt Fund – Progress and ABSL Quick Time period Fund – Progress

Vasudevan N P: Please let me know whether or not my invested mutual funds are proper now? Shall I proceed with this for an additional two years? Your suggestions is extremely appreciated.

1)SBI targeted fairness fund regular-growth plan.

2)DSP fairness fund regular-growth plan.

3)Aditya Birla sunlife india gen subsequent fund-growth plan.

4)Aditya Birla sunlife pure worth fund-growth plan.

5)HDFC mid cap alternatives fund common plan.

6)Axis particular sector fund.

Omkeshwar Singh: Please proceed with 1, 2, 3, 6 and for 4 and 5 Tata P/E Fund – Progress and Axis Mid Cap – Progress will be thought-about.

manish sonar: I’m 45 years outdated NRI.

1. If I need to make investments lump-sum quantity could also be 2 Lakhs, which is the higher choice you counsel.

Omkeshwar Singh: For Long run 5 to 10 years than UTI Flexi Cap – Progress and Parag Parikh Flexi Cap – Progress

2. If I need to make investments funds within the vary to 10-15 lakhs, please advise the MFs which I have to choose to spend money on for a interval of about 3 to five years.

Omkeshwar Singh: Wanting on the funding horizon, debt and Hybrid can be applicable

Hybrid – Tata Balanced Benefit – Progress and Union Balanced Benefit Progress

Debt – HDFC Quick Time period Debt Fund – Progress and ABSL Quick Time period Fund – Progress

3. Additional because the market has recovered lots from Covid interval, please recommendation if it’s the appropriate time to take a position the identical?

Omkeshwar Singh: Markets have been hitting new highs, nonetheless a lot of the Fairness / Fairness Oriented Schemes have a very completely different portfolio in comparison with Market indices, subsequently each schemes has completely different margin of Security relying upon the scheme portfolio and thereafter upon the Margin of Security of the Schemes, Buyers ought to both proceed with the investing or e-book partial earnings.

It’s troublesome to establish the Margin of Security of all of the Fairness Oriented scheme by most of Particular person Buyers (Retail or HNI), subsequently RankMF has developed a proprietary MosDex for each fairness oriented Schemes relying upon the person portfolio of each Scheme to information the Buyers on RankMF to take knowledgeable resolution and never fear in regards to the market ranges!

And the way it will advantages from tax financial savings?

Omkeshwar Singh: Funds deduct TDS type proceeds for NRI Buyers. Not an professional on NRI taxation, would request kindly have certified Tax Professional consulted with.

Dr Sagar Malsane: I’m 37 years outdated. I’ve 10 MF investments within the type of lumpsum and SIPs, which began 3 years earlier than, kindly assessment and advise particulars as under. Additional as well as I’d need to begin SIP (Month-to-month complete 6-8 thousand) and make investments lump-sum quantity could also be 2 Lakhs, which higher choice you counsel?

 Fund IdentifyClassFundingBegin DateFunding sortHolding YearsAv. return
01SBI Magnum Mid CapMid capRs.16000Feb. 18Lump sum05No additional funding
02Franklin India Liquid FundDebt – liquidRs.30037Jan. 18LS & STP10No additional funding
03Franklin India Fairness FundFairness – Multi capRs. 65000Feb. 18SIP10No additional funding
04Franklin India Extremely-Quick BondDebt fundRs.25000April 18Lump sum10No additional funding
05Aditya Birla Solar Life Benefit ProgressMid & giantRs.118000Feb. 18Lump sum + SIP07No additional funding
06AXIS LIQUID FundDebt – liquidRs.75000Sep 18Lump S08No additional funding
07AXIS BLUECHIP Mutual fundGiant capRs. 1.63 LakhAug 18SIP 4K + LS07SIP Lively
08Nippon India Giant Cap Fund – DirectGiant capRs. 1.05 Lakh  Feb 18SIP – 4K07No additional funding
09Nippon India Gilt Securities FundDebt-giltRs. 10000Might 19Lump S02No additional funding
10Mirae Asset Rising Blue-chip Fund Direct-ProgressGiant and mid-capRs.59998Jan. 2020SIP – 5K05SIP Lively

Omkeshwar Singh: Please proceed with the Lively SIPs 07, 10 and might add Axis ESG Fairness – Progress and DSP Quant fund – Progress for extra SIPs

Additional chances are you’ll proceed with 06 (02 will be consolidated into 06) and 09 and the remainder will be exited and invested into Hybrid – Tata Balanced Benefit – Progress , Union Balanced Benefit Progress and Axis Dynamic Fairness -Progress

Axis Mid Cap – Progress will be thought-about if Mid-Cap Publicity is required for 01.

Jatin Suresh Vakil: I’ve following investments. Me and my spouse are retired. Pl advise. Franklin India Smaller Corporations Fund – Direct-GROWTH
HDFC Balanced Benefit Fund – Direct Plan – Dividend
L&T Rising Companies Fund Direct Progress
L&T Infrastructure Fund Direct Plan – Progress
L&T Midcap Fund Direct Plan – Progress
Nippon India SMALL CAP FUND – DIRECT GROWTH PLAN GROWTH OPTION
Tata Retirement Financial savings Fund-Conservative DIRECT Plan – Progress
Franklin India BLUECHIP FUND – Direct-GROWTH
Franklin India Fairness Benefit Fund – Direct-Progress
HDFC Balanced Benefit Fund – Direct Plan – Progress Choice
HDFC Fairness Fund – Direct Plan – Progress Choice
HDFC Infrastructure Fund – Direct Plan – Progress Choice
HDFC Small Cap Fund-Direct-Progress
HDFC High 100 Fund – Direct Plan – Progress Choice
L&T Fairness Fund Direct Plan – Progress
Nippon India GROWTH FUND – DIRECT GROWTH PLAN GROWTH OPTION
Nippon India MULTI CAP FUND- DIRECT DIVIDEND PLAN
Nippon India SMALL CAP FUND – DIRECT GROWTH PLAN GROWTH OPTION

Omkeshwar Singh: All of those are good funds of their asset courses subsequently please proceed; will be reviewed later

Kinjal Dawda: I’m a 39 12 months outdated seeking to shut some money owed and wish your recommendation. I had made lumpsum investments within the following tax saving funds that are actually freed from the lock-in interval. Kindly advise whether or not I ought to e-book earnings. 

1. Fund: DSP Tax Saver (Common – Progress)

Funding date: Jan 2011

Present worth: 1,40,000

2. Fund: Franklin India Taxshield (Common – Progress)

Funding date: Jan 2009

Present worth: 1,50,000

3. Fund: HDFC Lengthy Time period Benefit (Common – Progress)

Funding date: Feb 2007

Present worth: 1,25,000

4. Fund: HDFC Lengthy Time period Benefit (Direct – Progress)

Funding date: Jan 2013

Present worth: 1,15,000

5. Fund: ICICI Prudential Lengthy Time period Fairness (Common – Progress)

Funding date: Feb 2006

Present worth: 2,50,000

6. Fund: SBI Lengthy Time period Fairness (Direct – Progress)

Funding date: Feb 2007

Present worth: 50,000

7. Fund: Sundaram Diversified Fairness (Common – Progress)

Funding date: Jan 2009

Present worth: 1,65,000

Wanting ahead to your advice. Thanks in your time and experience.

Omkeshwar Singh: Wanting on the margin of security and lock-in free investments (ELSSs), chances are you’ll exit from all of those funds and consolidate into

  1. UTI Flexi Cap – Progress
  2. Axis Bluechip – Progress
  3. Parag Parikh Flexi Cap – Progress
  4. Union Balanced benefit – Progress

amit sawant: I’ve UTI-MASTER EQUITY PLAN UNIT SCHEME (MEPUS) – DIVIDEND PLAN PAYOUT 792 Models. Ought to I swap to different scheme?

Omkeshwar Singh: It is a closed ended fund , chances are you’ll exit and make investments into UTI Flexi-Cap – Progress ( open ended Flexi Cap Fund)


If you’d like Mr Singh’s recommendation in your mutual fund investments, please mail your inquiries to [email protected] with the topic line, ‘Ask MF Guru‘, alongside together with your title, and he’ll provide his unbiased views.

Disclaimer: This text is supposed for data functions solely. This text and knowledge don’t represent a distribution, an endorsement, an funding recommendation, a suggestion to purchase or promote or the solicitation of a suggestion to purchase or promote any securities/schemes or some other monetary merchandise/funding merchandise talked about on this QnA or an try and affect the opinion or behaviour of the buyers/recipients.

Any use of the data/any funding and funding associated choices of the buyers/recipients are at their sole discretion and danger. Any recommendation herein is made on a normal foundation and doesn’t keep in mind the particular funding targets of the particular particular person or group of individuals. Opinions expressed herein are topic to vary with out discover.



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