Mutual Fund Queries

Should I avoid portfolio overlap in mid cap funds

I am 32 years old investing 5,000 each in below funds, 1. DSP BlackRock Micro Cap, 2. Franklin India Smaller Companies, 3.Reliance Small Cap, 4. HDFC Mid Cap Opportunities Fund, 5. Mirae Asset Emerging Bluechip. I am very well aware of the risk in investing small/mid cap funds and would like to continue investing in these funds for 12+ years from now. I am concerned about the portfolio overlaps. I used your website research centre to find common stocks across these 5 MF and found an average of 51 percent holdings is overlapped. So, how do I reduce the portfolio overlap. I have read your article: https://www.advisorkhoj.com/company/Principal-Mutual-Fund/articles/Should-you-invest-in-large-cap-or-midcap-mutual-funds. Where you have suggested to invest in multiple funds when it comes with small/mid cap funds for diversification. Please let me know if I can continue with my existing portfolio of above 5 funds for next 12+ years without worrying much about portfolio overlap as its expected. Or do you suggest removing anyone of the funds from my portfolio to avoid portfolio overlap ? Please advise?

May 3, 2017 by Gowtham, Bangalore | Mutual Fund

You have done a very good home work. First, by selecting top performing funds from mid & small cap category and second by studying the portfolio overlap between these funds which is around 51%, according... Read More

Which mutual fund to select as I am a moderate risk taker

Want to invest Rs. 15,000 per month. Moderate risk taker for 10 years. Please give the funds name, amount of investment in each fund,got maximum return, how much?

May 3, 2017 by Bhawani, Howrah | Mutual Fund

Being a moderate risk taker, you can invest in balanced funds. Some of the top performing balanced funds are, ICICI Prudential balanced fund, HDFC balanced fund, SBI Magnum balanced fund and Birla Sun... Read More

Can I re-cash target corpus of Rs 7 Crores with current mutual funds

I have invested in following mutual funds. SBI Blue Chip Fund - 40,000 per month, Reliance Growth fund - 8,000 per month, ICICI Prudential Value Discovery - 10,000 per month, DSPBR Equity Growth fund - 5,000 per month, DSPBR Micro Cap Fund - 20,000 per month, Birla Sun Life Top 100 - 5,000 per month, Birla Sun Life Frontline Equity Lump sum - 30 Lakhs. I am getting good returns in all my funds. Do I need to add some more or re-look at any of fund. My Target is to reach 7 Crores in next 15 Years, My age is 42 Years. Please suggest?

May 3, 2017 by Nitin Bajpai, Mumbai | Mutual Fund

You have selected good funds from large cap, diversified, mid & small cap category of funds and the same is a perfect fit for an aggressive investor. You are currently investing Rs 88,000 through monthly SIP... Read More

Can I get a growth of annual 30%

I want to invest one time Rs 500,000, but need growth near about 30%. So suggest me way how to invest?

May 3, 2017 by Dattatray, Maharashtra | Mutual Fund

Expecting a growth of 30% annual from any investment including mutual funds is too much. Our mutual fund research shows that top performing mid & small cap funds, when the sector is doing extremely... Read More

Which funds to invest in for 5 years if risk profile is high

I would like to invest 20 Lakhs lump sum amount in MF for 5 years. I am high/moderate risk taker. So advise me which MF should I go for it. And I am expecting return at least greater than 15%?

May 3, 2017 by Tinku Rob, Kolkata | Mutual Fund

You have mentioned your risk profile as high/ moderate which is bit confusing. It can either be high or moderate. As you are looking for returns above 15% and your investment horizon is 5 years, you can invest... Read More

Should I make changes in my mutual fund selections

I have SIP of Rs. 5000 each in the following funds: 1) DSP BlackRock Micro Cap Fund, 2) Franklin India Prima Fund, 3) Franklin India Smaller Companies Fund, 4) DSP BlackRock Opportunities Fund, 5) Kotak Select Focus Fund, 6) DSP BlackRock Tax Saver Fund, 7) Mirae Asset Emerging Bluechip Fund, 8) Birla Sun Life Frontline Equity Fund, 9) Reliance Small Cap Fund. I am 29 years, want to invest for 15 years. I am investing in these funds since 6 months. I want to invest more for long term & I can take risk. Can you suggest me some funds? Also should I make any changes in the above funds?

May 3, 2017 by Rohit Jain, Mumbai | Mutual Fund

You have really selected very good funds from large cap, diversified, ELSS and mid & small cap categories and the same is ideal for someone having a high risk appetite for a long term investment horizon... Read More

Please advise if I have selected the right funds

I have investments in following funds through SIP since Oct 2015 for 15+ years, Request to review investments: 1. Axis LTE - Direct G - Rs 4000, 2. ICICI Prudential Value Discovery - Direct G - 2500, 3. UTI Mid Cap - Direct G - 2500, 4. Lump sum investment of Rs 90,00 in DSPBR - Direct G. I am planning to add Franklin India Smaller Companies and 1 Balanced Fund. Please advise. Debt investment in PPF and FDs. I am 33 years of age?

May 3, 2017 by Mukul, Chandigarh | Mutual Fund

You are investing in good funds through monthly SIPs and the same can be continued for the long term while reviewing the respective fund performances at least once every year. You have not given the full... Read More

In which category of funds should I start my new SIPs

I am 31 years old. I am married and have one 9 month old daughter. I am single earner for the family. I want to create a good retirement corpus. My risk appetite is high. I have started SIP of 15,000 this year Jan 2017 and have selected the below funds. Large cap: 1) Birla Sun Life Frontline Equity G 2000, 2) ICICI Prudential Focused Bluechip equity Fund G 1000, 3) Kotak select focus fund G 2000, Mid Cap: 1) Franklin India Smaller Companies Fund G 2000, 2) Mirae Asset Emerging Bluechip Fund G 3000, 3) DSP BlackRock Micro Cap Fund G 3000, Diversified 1) Principal Emerging Bluechip G 2000, 1) Need your advice to check if these are good funds. Do I need to reduce a few funds and/or add more funds. 2) I have 3 large cap funds, 3 small/mid cap funds and 1 diversified fund. Should I add a few diversified funds? I am planning to add 2000 SIP more so looking for good funds to invest this amount? 3) Also I have a lumsum amount of 2 Lakhs that I want to invest. Should I invest it in these funds only & what proportion. 4) I have read a lot of your answers to queries and usually for diversify funds you have not recommended "L&T India Value Fund (G)". Any reason why this is not a recommendation Out of these diversified funds which one do you recommend as per my protfolio. L&T India Value Fund (G), Franklin High Growth Companies Fund (G), ICICI Prudential Value Discovery Fund (G), Birla Sun Life Equity Fund (G), Birla SL Advantage Fund (G), 5) As market is high is this a good time for lumpsum amount investment? If not then how much should the sensex be down eg 200 points/500 points that day when I should invest lumpsum Thanks in advance for your answer. Appreciate your hard work on answering so many questions in the queries section?

May 3, 2017 by Shoaib, Pune | Mutual Fund

Even though you have mentioned about creating a retirement corpus, you have not mentioned the target amount and number of years after which you need to have this corpus. Your fund selection for SIPs is... Read More

Are funds selected for my SIPs good enough for long term

I am currently doing SIP of Rs. 20,000 per month and investing into 10 schemes. Though, they have performed well, but I think I have over diversified my Investments. All funds are Growth Plans. I am 24 yr old and I am investing in SIP for buying tax planning, home after 20 yrs and for retirement at the age of 60 perspective. ELSS Birla Sun Life Tax Relief 96 - 5000, DSP BlackRock Tax Saver - 3500, Axis Long Term Equity - 1500, Large Cap Birla Sunlife Front Line Equity - 2000, ICICI Prudential Value Discovery - 1000, Balanced ICICI Prudential Balanced Fund - 2000, HDFC Balanced Fund - 2000, Mid & Small Cap DSP BlackRock Micro Cap - 1000, Franklin India Smaller Companies - 1000, Multi Cap SBI Magnum Multi Cap Fund - 1000. What would be the right strategy now?

Apr 29, 2017 by Suraj, Mumbai | Mutual Fund

All the schemes selected by you are good schemes. You also have a good asset category mix between large cap, midcap and multicap; the ELSS are essentially, either large cap or multicap schemes. However... Read More

For fixed income is balanced fund better than Fixed deposits

For fixed income which is better from following two 1. Balanced Mutual fund dividend payout option, 2. post miss or fixed deposit monthly interest?

Apr 29, 2017 by Mitesh, Anand | Mutual Fund

You cannot compare balanced funds with fixed deposits or post office schemes. More 65% of balanced fund assets are invested in equity or equity related securities which are subject to market risks; bank... Read More