‘Can you please advise me if I should continue investing in these funds or if I need to switch to some other funds?’
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your Mutual Fund queries:
Jayakumar: I am 45 years old and have been investing in mutual funds for the past 10 years. I started at 1000/month, planned to increase my investment to 10000/month and I achieved this target in 2017 and still i am investing in all these funds.
All these investments are as per my advisor, according to him the funds are balanced and no need to worry for another 10 years but when I review the funds some are having only 2-5% annualized return. I am confused whether to continue or shift or exit.
Kindly suggest whether to continue these SIPs / exit / stop and hold the investment mainly the poorly performing funds. Please advise me how frequently I need to review the performance of the fund and do modification in order to minimise the loss.
Omkeshwar Singh: Scheme details are missing
R Zawar: I am having SIPs since last 4 years as follows:
angara venkata prasad: MOST OF THE FUNDS INVESTED IN 2015-16. Pls advise SHIFTING.
Rafeeq Ali: please kindly advise me
Aditya Birla Sun Life Top 100 fund in 2005 is still in my portfolio. Shall I continue or move to any other mutual fund please advise me?
Name of the Fund: Aditya Birla Sun Life Top 100
Category: Equity – Focused Fund
RankMF Star Rating: 4
Recommendation: Please continue
WALTER GONSALVES: I have investments in the following mutual funds. All are in equity funds. Can you please advise me if I should continue investing in these funds or I need to switch to some other funds? If yes, can you please recommend the funds?
Fund Name ‘ Rs. lacs
Franklin India Equity Fund – Direct ‘ 4.90
HDFC Balance advantage fund – Direct Plan – Growth Option ‘ 6.20
ICICI Prudential Blue Chip Fund – Direct Plan – Growth ‘ 6.72
IDFC Multicap Fund – Growth (Direct Plan) ‘ 7.12
Quantum Long Term Equity Fund – Direct Plan – Growth Option ‘ 8.11
Rahul Sawant: Following is my standing on MF. Can you please guide me on this? Also if a fund is not performing, how long do i wait before i switch to a different scheme/ mf? I have been investing for past 4 years
Neeraj Gupta: May I request you to pl. advise me if i shall invest in following fund thru SIP:
1. Parag Parikh Long term
2. Axis Multicap
3. Kotak Equity Opp.
4. Mirae asset Larg Cap
5. Canara robeco—–?
6. invesco India—–?
What other funds you will suggest for investment for a period of 3-5 years? Secondly, i do have some investment in the following funds. What is their future?
1. FT smaller Companies
2. Nippon India equity Saving Funds.
Your earliest reply is greatly appreciated.
Sujeet Kumar Gupta: Hi, I am 35 year old. Investing in MF since 2008. It is requested to review my portfolio and suggest me the changes required.
Rakesh Kamboj: I have invested 5 lakh in Aditya birla pure value fund 2.5 year ago. Now its valuation is 3.29 Lakh. I also received dividend of 75K. Should i sell this or keep this (for how much duration)?
Name of the Fund: Aditya birla pure value fund
Category: Equity – Value Fund
RankMF Star Rating: 2
Recommendation: Can Consider Axis ESG Equity Fund – Growth
Amit Bharambe: I have invested in following mutual funds for long time but these funds are not yielding the desired results. After two years also showing negative returns. Please advise where to shift these funds. Also please suggest a good mutual fund where I can switch my liquid fund for better return.
Name of the Fund:Edelweiss Mid Cap Fund – Regular Gr
Category: Equity – Mid Cap Fund
RankMF Star Rating: 2
Recommendation: Can Consider DSP Midcap Fund – Growth
Anonymous: Thank you for your time and expertise.
I am a single woman in her 40s who has had large gaps in her career history. So I have a home but not much in terms of savings. I can only invest lump-sum in MFs since I may be unemployed otherwise. Can you please suggest a MF strategy and also to build a savings reserve?
Omkeshwar Singh: Dear Ma’am, would request for some more details, most important being if these Savings reserves are for Emergency requirements or to Create some reasonable corpus.
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.
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