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MF Guru: ‘Your portfolio is very aggressive’

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

Rajneesh Bankura: Hope you’re doing fine. I am 42, currently working and plan to retire by 50. I need funds for my Child’s education and my retired life. I am currently running following MFs and wish to know whether I should continue, switch or opt for additional MFs. 

1. Axis Bluechip Fund: 10000 per month

2. Axis Small Cap: 5000 per month

3. Axis ESG Fund: 2000 per month

4. Axis Nifty 100 Index Fund: 5000 per month

5. Axis Focused 25 Fund: 10000 per month

6. SBI Balanced Advantage Fund: 5000 per month

7. SBI Bluechip Fund: 2500 per month

8. SBI Contra Fund: 5000 per month

9. SBI Focused Equity Fund: 2500 per month

10. UTI Focused Equity Fund: 1000 per month

11. UTI Nifty 200 Momentum 30

 Index Fund: 2500 per month

12. Motilal Oswal Nasdaq Fund: 1000 per month

13. Motilal Oswal Nifty Bank Fund: 1000 per month

14. ICICI Prudential Technology Fund: 2000 per month

Omkeshwar Singh: Funds are decent, however too many funds in the portfolio, can be consolidated in 4 to 5 funds.

Niteen Hulyalkar: I have following mutual funds with Growth Option. Please suggest if I can stay with these or switch over to some other funds. Also suggest some good SIP to invest 15-20K per month.

HDFC – Hybrid Equity – 402
SBI – Blue Chip – 313
ABSL – Focused Equity – 254
Kotak – Flexi Cap – 1223
Franklin – Equity – 173
ICICI – Infrastructure – 400
Sundaram – Select Focus – 105
Sundaram – Select Midcap – 109

Omkeshwar Singh: Please continue. You may consider new SIPs from these funds:

– Axis ESG Fund – Growth

– Samco Flexi-cap Growth

– Parag Parekh Flexi cap Growth

– SBI Magnum Global Fund – Growth

Saran: Currently, I have invested in below SIPs for three years with the amount of Rs.2500 per month. Can you please advise on these mutual funds?

Axis Small Cap Fund Regular – Growth
SBI Small Cap Fund Regular – Growth
HDFC Large and Mid Cap Fund Regular Plan – Growth
SBI Blue Chip Fund

Omkeshwar Singh: Please continue

Kausalya B A: Please suggest whether my investment are good:

1. Canara Robeco Emerging Equities – Growth

2.Mirae Asset Equity Allocator Fund of Fund growth – 1.65lakh

3. Mirae Asset Large Cap Fund – growth

4.Mirae Asset Tax Saver Fund – growth

5.Nippon India Gold Savings Fund – growth

6. SBI Gold Fund – Growth

7.SBI Small Cap fund

8.Tata Index Fund –

9.UTI Core Equity Fund

10. UTI Nifty Index Fund

11. UTI Nifty Next 50 Index Fund

Omkeshwar Singh: Funds are not bad; however, there are too many funds

Ankur Thaker: I am doing SIPs in following mutual funds with a view of wealth creation in next 25 years. 

1. Kindly advice on my selection and whether I should continue following funds.

2. Should I add more amount in these scrips?

1. Edelweiss Small Cap Fund Regular Growth – 3000 INR/Month

2. PGIM India Mid Cap Opportunities Fund Regular Growth – 3000 INR/Month 

3. ICICI Prudential Business Cycle Fund Regular Growth – 3000 INR/Month

Omkeshwar Singh: Please continue

Munuswamy Vijay Kumar: I am working and retiring in another 4 yrs and my son is 19yrs. Please let me know the best mutual fund to invest for a period of 5 yrs with a monthly SIP of Rs 5k. 

Omkeshwar Singh: You may consider a basket of funds from these:

– Axis ESG Fund – Growth

– Samco Flexi-cap Growth

– Parag Parekh Flexi cap Growth

– SBI Magnum Global Fund – Growth

Sutej Sutar: I have been investing in these funds since June 20 and will continue for 9 years 0r 15 years. Also I keep on adding lump sum amount regularly.

1. Kotak small cap fund

2. Quant small cap fund

3. Nippon india small cap fund

4. IDFC Sterling value fund

Omkeshwar Singh: This is very aggressive portfolio, if you have the risk appetite please continue

Ravi Shankar: My age is 38. I am investing in these funds. Please suggest whether I can continue with this for long term.

Omkeshwar Singh: Please continue

Harshman Chadha: Kindly suggest a MF for an investment horizon of 1 year. Also, I currently have SIPs in these funds for an investment horizon of >10 years. The amount is small as I am only 18 so don’t have a lot of capital. Kindly review these funds and also suggest some more funds to diversify for an investment horizon of >10 years.

1) ABSL Nifty Smallcap Tracker fund-₹1000
2) DSP Small Cap fund-₹1000
3) Parag Parikh Flexi Cap fund-₹2000

Omkeshwar Singh: Please continue, it’s great to see investment at early stage / age, the magic of compounding will surprise you in due course, don’t worry about the amount!

For 1-year investment you may consider HDFC Short-term Fund – Growth. 

Nickson Rozario: I’m 36 years old and am currently investing 25000 in monthly SIP and am looking for long term investment may be 10-15 years. Could you please suggest if this is fine and if I need to add any other?

1) Axis Bluechip fund Growth – 5000

2) ICICI Bluechip fund growth – 5000

3) UTI flexicap growth – 5000

4) Axis Midcap fund growth – 5000

5) Nippon India small cap fund – 5000

Omkeshwar Singh: The portfolio is fine, no need to change

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.

Read more of Omkeshwar Singh’s responses here.

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