ASK MF GURU: MFs you must buy, hold or exit

‘I want to invest Rs 4-5K monthly in MFs through SIP mode.
‘I want to create a corpus of Rs 25 lakhs.
‘What should my strategy be to create a corpus of around Rs 50 lakhs?’

Omkeshwar Singh, head, Rank MF, (external link) a mutual fund investment platform, answers your queries:

Niraj Kalra: Please advise regarding the following portfolios.

No investments in ICICI Pru Tax Saver Fund for the last four years; only in Axis Tax Saver and DSP Tax Saver.

All funds are regular growth, except debt funds.

Risk appetite is moderate.

Omkeshwar Singh: The portfolios are good. However, they are mostly high risk portfolios. Add some hybrids to moderate the risk and exit from high risk funds, especially the sectoral funds.

 

Ammulu Chippada: I am 28 years old and pursuing my job. I am currently investing 12.5K per month with a horizon of 10-15 years.

Please review my portfolio and suggest necessary improvements.

Following are the fund names that I am currently holding:

Omkeshwar Singh: 1, 2, 3, 4 and 5 are fine funds.

 

Sahil Ganju: I want to invest Rs 4-5K monthly in MFs through SIP mode. I want to create a corpus of Rs 25 lakhs.

Please suggest the best funds in your opinion and what my strategy should be to create a corpus of around Rs 50 lakhs.

Awaiting your response.

Omkeshwar Singh: You may consider the below funds:

 

Dr Shyamsundar Sreedharala: I am a practising dentist. I have been investing in mutual funds since 2015. Please let me know which funds are to be continued and which funds have to be switched.

These are my investments in mutual funds, valued at around Rs 25,40,000 on May 31.

I am 43 years old and plan for a corpus of around Rs 1.5 crores at the age of 60.

Please guide me regarding the changes I need to make in my portfolio.

Thank you Sir. Have a good day

SIP:

Lumpsum

Omkeshwar Singh: In SIPs, please continue with 2, 3, 4, 5 and 6.

In lumpsum, please continue with 2, 4 and 5. You may consider the below for the rest.

 

Tahir Khan: I have been investing in MFs since 2014. Please take a look at my portfolio and let me know if it is correct.

Omkeshwar Singh: You may continue with 2, 3, 4, 6, 8, 9, 10 and 11.

 

Selvam Subramanian Basha: I am holding the following mutual funds. Request your view on this and suggestions on alternate funds.

Omkeshwar Singh: These are decent funds, please continue.

 

Sanjeev Agrawal: I wish to invest with a horizon of 10 years in mutual funds. I wish to invest Rs 10,000 per month to create wealth. I also want to invest in good gold funds.

Is it good to invest in index funds?

Please advise which funds I should invest in.

Omkeshwar Singh: Index funds are decent. You may consider:

 

Tarak Buch: I am 39.

Besides the below SIPs, I have 2 PPF accounts and 1 Sukanya, Rs 36,500.

Is this okay to get moderate income?

Please revert.

Omkeshwar Singh: You may continue.

 

Sarvotham Salvankar: I am investing through monthly SIP @ Rs 5,500 since the last 10 years in the following MFs.

Please suggest whether the same portfolio may be continued or any changes are required.

Omkeshwar Singh: You may continue with 2, 3, 5 and 6.

 

Pavan Kumar: Hope you are doing well.

I am 38 years old and would like your advice on investing in MFs that give a good return in 3-5 years. I can invest around Rs 2 lakh lumpsum.

Omkeshwar Singh: You may consider:

 

Rajendra Singh: I am not so much into MFs but started investing around 1.5 yrs back in the below funds.

Being a middle class person and having two kids (8 years and 2 years), I am planning to invest a bit more and have some decent amount after 10-15 years.

Please suggest one or two good MFs in which I can start investing. Also suggest any changes that I need to make in my present portfolio — like increase, decrease or stop.

Omkeshwar Singh: The above funds are fine presently. Additionally, you may look at:

 

Shubham Khandelwal: Till now I have invested around Rs 6 lakhs in Axis Long Term Equity — Direct Growth and DSP Tax Saver funds over the past four years for tax saving and investment purpose.

Now I want to invest Rs 5 lakhs lumpsum for good returns.

Please suggest some funds for the same.

Omkeshwar Singh: It’s better to stagger your investment into 12 months. Here are a few funds that may be considered.

 

Nirmalaya Chatterjee: I am having MF investments of about Rs 43K per month and wish to invest Rs 20K more from next month.

Please suggest suitable MFs so that I can create the maximum corpus by retirement.

At present, I have invested in: 

Omkeshwar Singh: You may continue with 2, 4, 5, 6 and 8.

 

Bhupinder Singh Dhanjal: I am 69 years old and have started investing for the last couple of years.

Please check and let me know if my investments are on the right track.

I intend to carry on with investment for another two years.

Looking forward to your advice.

SIP since July 2018

Omkeshwar Singh: You may continue with 1, 2, 5, 6, 7 and 10.

If you want Mr Singh’s advice on your mutual fund investments, please mail your questions to [email protected] with the subject line, ‘Ask MF Guru‘, along with your name, and he will offer his unbiased views.

Disclaimer: This article is meant for information purposes only. This article and information do not constitute a distribution, an endorsement, an investment advice, an offer to buy or sell or the solicitation of an offer to buy or sell any securities/schemes or any other financial products/investment products mentioned in this QnA or an attempt to influence the opinion or behaviour of the investors/recipients.

Any use of the information/any investment and investment related decisions of the investors/recipients are at their sole discretion and risk. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Opinions expressed herein are subject to change without notice.

Feature Presentation: Ashish Narsale/ Rediff.com

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