'I am investing thru SIP from last 4 years on long term goals, but not getting desired returns. Advise us to continue or switch to other funds.'
Illustration: Uttam Ghosh/Rediff.com
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
| Name of the Fund | Recommendations ( Contine / SmartSwitch) |
| Neeraj Kala: i have been investing in mutual funds from last three Years and the funds in which i am investing are mentioned below. so kindly suggest do i continue in the existing fund or switch to some other fund | |
| 1. Franklin India Prima Fund (G) | DSP Midcap - Growth |
| 2. Kotak Standard Multicap Fund (G) | SmartSwitch to Uti Equity Fund-growth Plan-growth |
| 3. DSP Equity Opp Fund Reg (G) | Uti Equity Fund-growth Plan-growth |
| 4. Invesco India Contra Fund (G) | Continue |
| 5. L&T Mid Cap Fund (G) | DSP Midcap - Growth |
| 6 SBI Small Cap Fund Reg (G) | Continue |
| Ashwin Kumar: I have SIPs in following mutual funds. Could you please review and provide your expert advice. | |
| SBI Small Cap Fund Dir Growth | Continue |
| L&T Midcap Fund Direct Plan - Growth | DSP Midcap - Growth |
| Kotak Emerging Equity Fund Dir-Gr | DSP Midcap - Growth |
| Tata Large & Mid Cap Dir Pl Growth (formerly Equity Opportunities Fund) | Continue |
| HDFC Top 100 Fund-DP-Growth | Canara Robeco Bluechip Equity Fund Regulargrowth |
| HDFC Small Cap Fund - Direct Growth Plan | Axis Small Cap - Growth |
| ABSL Tax Relief 96 Fund-ELSS - Growth-DIR | Continue |
| Ranjith P K: Request you to analyse my investments and provide your relevant opinion. Looking forward for your valuable suggestions please. Age: 32; Occupation: Academician. MY investments are below. I prefer to be on balanced mode. | |
| ABSL Tax Relief 96 Dir-G | Consolidate ELSS to Canara Robeco Equity Tax Saver Fund Regular Growth, Continue with Balanced advantage, SmartSwitch 1) Large Caps -- Canara Robeco Bluechip Equity Fund Regulargrowth. 2) Multi Caps / Focused - Uti Equity Fund-growth Plan-growth |
| Tata India Tax Svngs Reg-G | |
| Mirae Asset Tax Saver Dir-G | |
| ICICI Pru Balanced Advtg Dir-G | |
| SBI Bluechip Dir-G | |
| L&T Tax Advtg Dir-G | |
| IDFC Tax Advtg (ELSS) Reg-G | |
| Kotak Standard Multicap Dir-G | |
| Nippon India Large Cap Dir-G | |
| IDFC Focused Eqt Dir-G | |
| ICICI Pru Balanced Advtg Dir-G | |
| SBI Bluechip Dir-G | |
| P K RAJASEKHARAN: I have following MF. I am 75 Years of age. Your advise will be of great help. 1. HDFC Balaned Advantage Fund(D) -- invested Rs18.00 lakh on 14th August 2017. Present value is less by 32.5%.~; 2. ICICI Prudential Advantage Fund (D) -- invested Rs 14.00 lakh on 14th August 2017. Present value is less by 3.1%~; 3. DSP Equity and Bond Fund Regular Dividend --invested Rs 5.00 lakh. Present value is same as invested value. Awaiting for your advise. | |
| 1. HDFC Balaned Advantage Fund(D) | Union Balanced Advantage Fund Regular Plan - Growth |
| 2. ICICI Prudential Advantage Fund (D) | Continue |
| 3. DSP Equity and Bond Fund Regular Dividend | Canara Robeco Equity Hybrid Fund Regular Growth |
| Venkatesh G: I am investing the below mentioned funds thru SIP from last 4 years on long term goals but not getting desired returns. Advise us to continue or switch to other funds | |
| 1. Aditya Birla Sunlife Frontline equity fund - growth regular | Canara Robeco Bluechip Equity Fund Regulargrowth |
| 2. Franklin India equity fund growth | Uti Equity Fund-growth Plan-growth |
| 3. HDFC hybrid equity fund regular plan growth | Canara Robeco Equity Hybrid Fund Regular Growth |
| 4. Nippon India focused equity fund growth | Uti Equity Fund-growth Plan-growth |
| 5. HDFC children gift fund | Axis Esg Equity Fund Regular Growth |
| Rajan Dutta: I am investing in following MF for a quiet sometime. Please advice. | |
| templeton India equity income fund , growth | Uti Dividend Yield Fund - Growth Option |
| franklin India opportunity fund G | Axis Esg Equity Fund Regular Growth |
| SBI magnum comma G | Axis Esg Equity Fund Regular Growth |
| UTI dividend yield fund. G | Continue |
| HDFC growth opportunity fund G | Canara Robeco Emerging Equities Regular -growth |
| ICICI prudential blue chip fund G | Canara Robeco Bluechip Equity Fund Regulargrowth |
| Kotak Equity opportunity fund G | Continue |
| Nippon India value fund G | Axis Esg Equity Fund Regular Growth |
| Nippon India gold saving fund G | Continue |
| Axis long term equity fund g | Continue |
| Franklin India smaller companies fund G | Axis Small Cap - Growth |
| franklin India focused equity fund G | Mirae Asset Focused Fund - Regular Plan - Growth |
| icici prudential long term equity fund G | Canara Robeco Equity Tax Saver Fund Regular Growth |
| HDFC mid cap opportunities fund G | Axis Mid Cap |
| Aman Tomar: I am investing in below mutual funds through SIPs from the last 2 years. Results are not as expected. Could you please advise on the best available options. | |
| 1. Mirae Asset Emerging Bluechip Fund Direct- Growth: Rs 3500/month | Continue |
| 2. Motilal Oswal Multicap 35 Fund Direct-Growth: Rs 3000/month | SmartSwitch to Uti Equity Fund-growth Plan-growth |
| 3. L&T Midcap Fund Direct- Growth: Rs 1500/month | Axis Mid Cap |
| 4. SBI Bluechip Direct Plan- Growth: Rs 2000/month | Canara Robeco Bluechip Equity Fund Regulargrowth |
| 5. Aditya Birla Sun Life India GenNext Direct Fund- Growth: Rs 2500/month | Axis Esg Equity Fund Regular Growth |
| 6. ICICI Prudential Equity & Debt Fund Direct-Growth: Rs 1500/month | Canara Robeco Equity Hybrid Fund Regular Growth |
| Joseph: I have invested Rs 3000 in each of the following. Whether to continue or change? | |
| Axis Blue chip Fund - Regular Growth | Continue |
| Mirae Asset Emerging Blue chip Fund - Regular Plan Growth | Continue |
| NIPPON INDIA SMALL CAP FUND - GROWTH PLAN GROWTH OPTION | Axis Small Cap - Growth |
| Aditya Birla Sun Life Small Cap Fund Growth-Regular Plan | Axis Small Cap - Growth |
| SBI Magnum Multi cap Fund - Regular Plan – Growth | Uti Equity Fund-growth Plan-growth |
| HDFC Hybrid Equity Fund - Regular Plan – Growth | Canara Robeco Equity Hybrid Fund Regular Growth |
| Swapnil Chandra: Hi I've invested in these 4 funds (via a financial advisor), SIP of 5000/- for each fund every month: | |
| 1. ICICI Prudential Mutual Fund: DFG / Value Discovery Fund - Growth | Continue |
| 2. Aditya Birla Sun Life Mutual Fund: ABSL Equity Advantage Fund - Growth | Canara Robeco Emerging Equities Regular -growth |
| 3. SBI Mutual Fund: SBI Focused Equity Fund Reg Growth | Continue |
| 4. DSP Mutual Fund: Equity Fund - Reg - G | SmartSwitch to Uti Equity Fund-growth Plan-growth |
| Anirban Biswas: I wish to take your advise on the following 5 MFs where I am doing a monthly SIP of 5000/each SIP since 2017. | |
| 1.ICICI Pru Value Discovery Fund (G)- Annualised return is 3.16%. | Continue |
| 2.Aditya Birla SL Frontline Equity Funf (G)- Annualised return is 1.74%. | Canara Robeco Bluechip Equity Fund Regulargrowth |
| 3.HDFC Mid Cap Opportunities Fund (G)- Annualised return is 1.52%. | Axis Mid Cap |
| 4.Sundaram Mid Cap Fund (G)- Annualised return is -2.91% | Axis Mid Cap |
| 5.HDFC Small Cap Fund (G)- Annualised return is -4.6%. | Axis Small Cap - Growth |
| Parag Chaudhary: Please analyse my portfolio: | |
| Aditya Birla Sun Life Equity Fund - Growth-Regular Plan | Uti Equity Fund-growth Plan-growth |
| Aditya Birla Sun Life Regular Savings Fund - Growth-Regular Plan | Icici Prudential Regular Savings Fund - Growth |
| Aditya Birla Sun Life Small Cap Fund Growth-Regular Plan | Axis Small Cap - Growth |
| Aditya BSL Pure Value Fund - Growth-Regular Plan | Axis Esg Equity Fund Regular Growth |
| Aditya BSL Tax Relief'96 Fund- (ELSS U/S 80C of IT ACT) - Growth-Regular Plan | Continue |
| Axis Bluechip Fund - Growth | Continue |
| Axis Focused 25 Fund GROWTH | Continue |
| Axis Mid Cap Fund - Growth | Continue |
| Canara Robeco Emerging Equities Regular Growth Growth | Continue |
| DSP Dynamic Asset Allocation Fund - Reg - Growth | Edelweiss Balanced Advantage Fund - Growth Option |
| DSP Tax Saver Fund - Regular Plan - Growth | Canara Robeco Equity Tax Saver Fund Regular Growth |
| Franklin India Smaller Companies Fund-GROWTH | Axis Small Cap - Growth |
| HDFC Capital Builder Value Fund- Growth | Axis Esg Equity Fund Regular Growth |
| HDFC Hybrid Debt Fund - Growth | Icici Prudential Regular Savings Fund - Growth |
| HDFC Small Cap Fund-Regular-Growth | Axis Small Cap - Growth |
| ICICI Prudential Bluechip Fund-Regular-Growth | Canara Robeco Bluechip Equity Fund Regulargrowth |
| ICICI Prudential MidCap Fund - Regular Plan - Growth | Axis Mid Cap |
| ICICI Prudential Regular Savings Fund - Growth | Continue |
| IDFC Sterling Value Fund-Growth-(Regular Plan) | Axis Esg Equity Fund Regular Growth |
| IDFC Tax Advantage (ELSS) Fund-Growth-(Regular Plan) | Canara Robeco Equity Tax Saver Fund Regular Growth |
| Invesco India Contra Fund - Growth | Continue |
| Invesco India Dynamic Equity Fund - Growth | Edelweiss Balanced Advantage Fund - Growth Option |
| Invesco India Growth Opportunities Fund- Growth | Canara Robeco Emerging Equities Regular -growth |
| Kotak Balanced Advantage Fund -Regular Plan-Growth Option | Union Balanced Advantage Fund Regular Plan - Growth |
| Kotak Standard Multicap Fund-Regular-Growth | SmartSwitch to Uti Equity Fund-growth Plan-growth |
| Mirae Asset Large Cap Fund Regular Plan Growth | Continue |
| Motilal Oswal Multicap 35 Fund - Regular Plan Growth | SmartSwitch to Uti Equity Fund-growth Plan-growth |
| Nippon India Balanced Advantage Fund - GROWTH PLAN | Union Balanced Advantage Fund Regular Plan - Growth |
| NIPPON INDIA HYBRID BOND FUND - SEGREGATED PORTFOLIO 2 GROWTH PLAN | Icici Prudential Regular Savings Fund - Growth |
| Nippon India SMALL CAP FUND - GROWTH PLAN GROWTH OPTION | Axis Small Cap - Growth |
| Principal Emerging Bluechip Fund - Regular Plan Growth | Canara Robeco Emerging Equities Regular -growth |
| Principal Multi Cap Growth Fund(Grw)-Regular-Regular-Growth | Uti Equity Fund-growth Plan-growth |
| SBI Focused Equity Fund - Regular Plan - Growth | Continue |
| SBI Small Cap Fund-Regular-Growth | Continue |
| Anup Saxena: I am investing in the following mutual funds since 2017-2018. Should I switch or should I start investing in any other MF from now onwards?. Kindly advice | |
| ICICI Prudential Value Discovery Fund (G) 4K | Continue |
| Mirae Asset Large Cap Fund - Regular Plan (G) 5K | Continue |
| SBI Blue Chip Fund (G) 4K | Canara Robeco Bluechip Equity Fund Regulargrowth |
| UTI Mid Cap Fund (G) 2K | Continue |
| Pradeep Kulkarni: My Mutual fund portfolio is given below. I request you to advice on which funds shall be sold, retained or replaced. | |
| 1. ABSL EQUITY FUND-GROWTH | Uti Equity Fund-growth Plan-growth |
| 2.DSP TIGER----GROWTH | Axis Esg Equity Fund Regular Growth |
| 3.DSP TOP 100--GROWTH | Canara Robeco Bluechip Equity Fund Regulargrowth |
| 4.FRANKLIN INDIA BLUE CHIP--GROWTH | Canara Robeco Bluechip Equity Fund Regulargrowth |
| 5.FRANKLIN INDIA FOCUSSED EQUITY FUND | Mirae Asset Focused Fund - Regular Plan - Growth |
| 6. FRANKLIN INDIA TAX SHIELD | Canara Robeco Equity Tax Saver Fund Regular Growth |
| 7. HDFC BALANCED FUND | Union Balanced Advantage Fund Regular Plan - Growth |
| 8. ICICI BLUECHIP FUND | Canara Robeco Bluechip Equity Fund Regulargrowth |
| 9. ICICI MULTI ASSET FUND | Sbi Multi Asset Allocation Fund Regular Growth |
| 10. KOTAK BLUECHIP FUND | Canara Robeco Bluechip Equity Fund Regulargrowth |
| 11. L & T EQUITY FUND | Uti Equity Fund-growth Plan-growth |
| Yuva: I have an investment horizon of 10 - 15 years with a goal of wealth creation. I have a stable job, emergency fund for an year's expense, term & health insurance, zero debt and a surplus of 50k p.m for investment. I'm planning for a sip with Parag Parekh Long Term Equity Direct Growth, Motilal Oswal Nasdaq100 FOF Direct Growth and Mirae Asset Tax Saver Fund Direct Growth (strictly only for 80C) through a Demat based MF Distributor (Coin). Mirae Asset Emerging Bluechip is tempting, though I prefer a MF with low churn. Should I go through with this plan as it is? Your suggestions are most welcome | |
| Parag Parekh Long Term Equity Direct Growth | Continue |
| Motilal Oswal Nasdaq100 FOF Direct Growth | Continue |
| Mirae Asset Tax Saver Fund Direct Growth | Canara Robeco Equity Tax Saver Fund Regular Growth |
| Mirae Asset Emerging Bluechip | Continue |
| Sunil Sureka: I am investing Sip of Rs. 1000/- each in 5 below mentioned Fund: | |
| 1). ICICI PRU VALUE DISCOVERY FUND (G) | Continue |
| 2). L&T EMERGING BUSINESS FUND - REG (G) | Axis Small Cap - Growth |
| 3). MIRAE ASSET EMERGING BLUE CHIP REG(G) | Continue |
| 4). MOTILAL OSWAL LONG TERM EQUITY FUND REG(G) | Canara Robeco Equity Tax Saver Fund Regular Growth |
| 5). TATA BANKING AND FINANCIAL SERVICES FUND REG(G) | Axis Esg Equity Fund Regular Growth |
| Raghu Subramani: I am Raghu KS and I have investments in Below MFs. Requesting you to please advise me if I should Exit, Continue or Hold these. | |
| HDFC Hybrid Equity Fund(G) | Canara Robeco Equity Hybrid Fund Regular Growth |
| ICICI Pru All Seasons Bond Fund(G) | Continue |
| ICICI Pru Equity & Debt Fund(G) | Canara Robeco Equity Hybrid Fund Regular Growth |
| Kotak Standard Multicap Fund(G) | SmartSwitch to Uti Equity Fund-growth Plan-growth |
| JM Multi Strategy Fund(G) | Uti Equity Fund-growth Plan-growth |
| SBI Equity Hybrid Fund-Reg(G) | Canara Robeco Equity Hybrid Fund Regular Growth |
| Nippon India Tax Saver (ELSS) Fund(G) | Canara Robeco Equity Tax Saver Fund Regular Growth |
| DSP Midcap Fund-Reg(G) | Continue |
| DSP Focus Fund-Reg(G) | Continue |
| Mirae Asset India Opportunities Fund-Reg(G) | Continue |
| Axis Long Term Equity Fund-Reg(G) | Continue |
| Sundaram Banking & PSU Debt Fund(G) | Hdfc Banking And Psu Debt Fund - Regular Growth Option |
| Abhijit Nath: I have been investing in the below funds for a while and my investment horizon is 20 years. Kindly advise, if I need to consolidate a few and which one should I do away with. | |
| Canara Robeco Emerging equities fund -4000 | Continue |
| Kotak Standard Multicap fund - 4000 | SmartSwitch to Uti Equity Fund-growth Plan-growth |
| Mirae Asset Large cap - 5000 | Continue |
| Axis focused 25 fund- 8000 | Continue |
| Invesco India growth opp fund- 3000 | Canara Robeco Emerging Equities Regular -growth |
| Mirae Asset Focused fund - 3000 | Continue |
| Parag Parikh long term equity -3000 | Continue |
|
|
|
If you want Mr Singh's advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', 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.
