Wondering if mutual fund investments can earn you enough money for your retirement and child’s marriage?

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

If you want his 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 Omkeshwar will offer his unbiased views.

Dinesh P: I am holding units of DSP Tiger fund for the last 10 years. Kindly advise another good equity fund of DSP for switchover as this fund has not been performing consistently. Please note that I am already invested in Equity Opportunities fund, Top 100 fund and Equity fund. Also which option is better-Dividend or Growth?

Omkeshwar Singh: You may continue with the 4 rated funds; however for thematic and large cap better alternatives are available.

Equity – Thematic Funds:

– Tata Digital India Fund-Regular Plan-Growth

– Franklin Asian Equity Fund – Growth Plan

Equity – Large Cap Funds:

– LIC MF Large Cap Fund-Regular Plan-Growth

– Axis Bluechip Fund – Regular Plan – Growth

– Kotak Bluechip Fund – Growth

– Mirae Asset Large Cap Fund – Growth Plan

Sandip Kumar: I have invested in many equity and hybrid funds but my question is about short term funds. I have around 2 lakhs of surplus money with me at present. I am thinking of investing it in short term funds for 2 years. Should I go for a lump sum investment or choose SIP? 

Omkeshwar Singh: Short term funds are majorly into debt funds therefore lumpsum is better option.

Short Duration Funds:

– Aditya Birla Sun Life Short Term Fund – Growth

– Icici Prudential Short Term Fund – Growth Option

– Hdfc Short Term Debt Fund – Regular Plan – Growth

H K Dikshit: Kindly advise me regarding following funds in which I am investing Rs. 8000/- per month. Should I continue or switch over to other funds?

Omkeshwar Singh: You may continue with the 5 & 4 rated funds; however for Small cap better alternative is available

Equity – Small cap Fund: Axis Small Cap Fund – Regular Plan – Growth

Santanu Das: I have the following funds. Few since last 10 years & few since last 2 years. Would request your views for continuation/discontinuation please? 

Omkeshwar Singh: You may continue with the 5 & 4 rated funds; however avoid any Equity – Sectoral Fund – Infrastructure OR Energy & Power funds ,  at present and for others better alternative is available

Equity – ELSS:

– Canara Robeco Equity Taxsaver Fund – Regular Plan – Growth

– BOI AXA Tax Advantage Fund-Regular Plan- Growth

– Aditya Birla Sun Life Tax Relief ’96 – Growth Option

Equity – Large Cap Funds:

– LIC MF Large Cap Fund-Regular Plan-Growth

– Axis Bluechip Fund – Regular Plan – Growth

– Kotak Bluechip Fund – Growth

– Mirae Asset Large Cap Fund – Growth Plan

Equity – Multi Cap Funds:

– Motilal Oswal Multicap 35 Fund (MOF35)-Regular Plan-Growth Option

– JM Multicap Fund – Growth option

– UTI – Equity Fund-Growth Option

Equity – Mid Cap Funds:

– Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option

– DSP Midcap Fund – Regular Plan – Growth

Equity – Value Funds:

– Tata Equity P/E Fund Regular Plan -(Growth Option)

Equity – Focused Funds:

– Axis Focused 25 Fund – Regular Plan – Growth Option

– Motilal Oswal Focused 25 Fund (MOF25)- Regular Plan Growth Option

khuzema shuja: I AM INVESTING IN BELOW FUNDS. PLEASE SUGGEST FOR LONG TERM GOAL WHICH FUND TO HOLD/START/EXIT.

Omkeshwar Singh: You may continue with the 5 & 4 rated funds; however for others better alternative is available

Equity – ELSS:

– Canara Robeco Equity Taxsaver Fund – Regular Plan – Growth

– BOI AXA Tax Advantage Fund-Regular Plan- Growth

– Aditya Birla Sun Life Tax Relief ’96 – Growth Option

Equity – Large Cap Funds:

– LIC MF Large Cap Fund-Regular Plan-Growth

– Axis Bluechip Fund – Regular Plan – Growth

– Kotak Bluechip Fund – Growth

– Mirae Asset Large Cap Fund – Growth Plan

Equity – Mid Cap Funds:

– Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option

– DSP Midcap Fund – Regular Plan – Growth

Equity – Value Funds: Tata Equity P/E Fund Regular Plan -(Growth Option)

Equity – Focused Funds:

– Axis Focused 25 Fund – Regular Plan – Growth Option

– Motilal Oswal Focused 25 Fund (MOF25)- Regular Plan Growth Option

Equity – Large & Mid Cap Fund

– BOI AXA Large & Mid Cap Equity Fund Regular Plan- Growth

– Canara Robeco Emerging Equities – Regular Plan – GROWTH

– Tata Large & Mid Cap Fund- Regular Plan – Growth

abhijit rao: I have invested in the following funds. Please share your feedback.

Omkeshwar Singh: You may continue with the 4 rated funds; however for others better alternatives are available

Equity – ELSS:

– Canara Robeco Equity Taxsaver Fund – Regular Plan – Growth

– BOI AXA Tax Advantage Fund-Regular Plan- Growth

– Aditya Birla Sun Life Tax Relief ’96 – Growth Option

Equity – Large Cap Funds:

– LIC MF Large Cap Fund-Regular Plan-Growth

– Axis Bluechip Fund – Regular Plan – Growth

– Kotak Bluechip Fund – Growth

– Mirae Asset Large Cap Fund – Growth Plan

Equity – Multi Cap Funds:

– Motilal Oswal Multicap 35 Fund (MOF35)-Regular Plan-Growth Option

– JM Multicap Fund – Growth option

– UTI – Equity Fund-Growth Option

Equity – Mid Cap Funds:

– Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option

– DSP Midcap Fund – Regular Plan – Growth

Equity – Sectoral Fund – Banks & Financial Services

– LIC MF BANKING AND FINANCIAL SERVICES FUND-REGULAR PLAN-GROWTH

– Tata Banking And Financial Services Fund-Regular Plan-Growth

– SBI BANKING & FINANCIAL SERVICES FUND – REGULAR PLAN – GROWTH

Nitpalsingh: I request to guide me regarding MF investment. I invest SIP Rs 8000 in following funds.

Omkeshwar Singh: Better alternatives are available; avoid any Equity – Sectoral Fund – Infrastructure.

Equity – ELSS:

– Canara Robeco Equity Taxsaver Fund – Regular Plan – Growth

– BOI AXA Tax Advantage Fund-Regular Plan- Growth

– Aditya Birla Sun Life Tax Relief ’96 – Growth Option

Equity – Multi Cap Funds:

– Motilal Oswal Multicap 35 Fund (MOF35)-Regular Plan-Growth Option

– JM Multicap Fund – Growth option

– UTI – Equity Fund-Growth Option

Hybrid – Dynamic Asset Allocation

– Motilal Oswal Dynamic Fund – Regular Growth

– Axis Dynamic Equity Fund Regular Plan Growth 

bhupathy magesh babu: I would like to invest in mutual fund via sip route 5k- 10k per month. What is the best option? Large Cap, Mid Cap, Small Cap or Diversified fund? Is it better to invest in more than 1 MF fund say 3k-4k per mutual fund or invest in a single fund which is better? I would like to invest in order to have peaceful retirement life say invest for 10-15 years. 

Omkeshwar Singh: You may continue with the 4 rated funds; however for others better alternatives are available

Equity – Multi Cap Funds:

– Motilal Oswal Multicap 35 Fund (MOF35)-Regular Plan-Growth Option

– JM Multicap Fund – Growth option

– UTI – Equity Fund-Growth Option

Equity – Mid Cap Funds:

– Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option

– DSP Midcap Fund – Regular Plan – Growth

Equity – Value Fund: Tata Equity P/E Fund Regular Plan -(Growth Option)

Equity – Focused Funds:

– Axis Focused 25 Fund – Regular Plan – Growth Option

– Motilal Oswal Focused 25 Fund (MOF25)- Regular Plan Growth Option

Ashwani Kumar Mishra: I am 35 year old. Earlier I was a trader in share market for last 8 years but in that 8 years, i have booked huge loss. Now i want to invest 5 lakh for long term (10 year) so that i can recover the loss. Kindly suggesst me some best mutual fund (i can take risk).

Omkeshwar Singh:

Top rated Equity schemes as per RankMF are as under

– UTI Equity Fund – Growth

– Axis Focused 25 Fund – Growth

– Motilal 30 mid cap fund – Growth

– LIC MF Large cap fund – Growth

Santosh Sahoo: I want to invest Rs 2000/- in MF for a long time for my 6-yr-old daughter’s marriage without tax benefit. Kindly suggest me where to invest for quite assured high return though MF investment is subject to market risk.

Omkeshwar Singh: Equity schemes are best suited for creation wealth in long run and the suitable schemes are as under ( Can start SIP of Rs. 500 in each of these 4 funds)

– UTI Equity Fund – Growth

– Axis Focused 25 Fund – Growth

– Motilal 30 mid cap fund – Growth

– LIC MF Large cap fund – Growth

N Bhaskaran: I am 46 Years old. I have not started investing in MFs so far. I want to start investing 6K – 8K for now & increase 10 per cent every year for 10 years. & withdraw the money after my retirement in 14 years. Which MF should I invest so that I can maximise my returns for my retirement funds? Kindly guide me so that I can start at least now.

Omkeshwar Singh: Equity schemes are best suited for creation wealth in long run and the suitable schemes are as under (Can start SIP of Rs. 1500-Rs. 2000 in each of these 4 funds)

– UTI Equity Fund – Growth

– Axis Focused 25 Fund – Growth

– Motilal 30 mid cap fund – Growth

– LIC MF Large cap fund – Growth

Ravindra Kumar: I HAVE BEEN INVESTING IN MUTUAL FUNDS FOR THE LAST SEVERAL YEARS BUT THE RETURNS HAVE NOT BEEN ENCOURAGING. I WOULD LIKE TO KNOW IF I AM INVESTING IN THE RIGHT FUNDS OR SHOULD I SHIFT TO OTHER MFs TO MAXIMISE MY RETURNS. GIVE BELOW IS MY CURRENT HOLDING OF MFs.

Omkeshwar Singh: You may continue with the 4 rated funds; however for others better alternatives are available

Equity – Multi Cap Funds:

– Motilal Oswal Multicap 35 Fund (MOF35)-Regular Plan-Growth Option

– JM Multicap Fund – Growth option

– UTI – Equity Fund-Growth Option

Equity – Mid Cap Funds:

– Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option

– DSP Midcap Fund – Regular Plan – Growth

Equity – Sectoral Fund – Banks & Financial Services:

– LIC MF BANKING AND FINANCIAL SERVICES FUND-REGULAR PLAN-GROWTH

– Tata Banking And Financial Services Fund-Regular Plan-Growth

– SBI BANKING & FINANCIAL SERVICES FUND – REGULAR PLAN – GROWTH

Equity – Small Cap Fund:Axis Small Cap Fund – Regular Plan – Growth

Equity – Large & Mid Cap Funds:

– BOI AXA Large & Mid Cap Equity Fund Regular Plan- Growth

– Canara Robeco Emerging Equities – Regular Plan – GROWTH

– Tata Large & Mid Cap Fund- Regular Plan – Growth

Binoy Nair: I am Binoy working in UAE as a sales executive age 39. From kochin, Kerala. May I kindly get some advice for my mutual funds portfolio? I am doing below mutual funds SIP direct growth. & I stopped some SIPs and hold the funds.

Now I am doing 96k SIP. Need to start & continue total 1 lakh SIP for the next 8 to 10 years. Now current total SIP value is around 27 lakhs. This SIP s are for my retirement monthly income 30 to 35k (all are current value) after 10 years, and for my 2 children’s education 35 lakhs lumpsum after 10 & 15 years respectively.

I am thinking to stop ICICI pru blue chip & Birla frontline equity and to start Mirae large cap & one more Multi cap fund. I am moderate to little aggressive risk taker. What are the changes required? Should I hold the stopped funds or I need to redeem and deposit it to another funds? if to do so, in which funds I need to invest this lumpsum amounts?

Please advise me for the necessary changes required to make a good portfolio to invest for the next 8-10 years. Looking forward to get your reply positively. 

Omkeshwar Singh: You may continue with the 5 & 4 rated funds; however for others better alternative is available

Equity – Large Cap Funds:

– LIC MF Large Cap Fund-Regular Plan-Growth

– Axis Bluechip Fund – Regular Plan – Growth

– Kotak Bluechip Fund – Growth

– Mirae Asset Large Cap Fund – Growth Plan

Equity – Mid Cap Funds:

– Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option

– DSP Midcap Fund – Regular Plan – Growth

Equity – Value Funds:Tata Equity P/E Fund Regular Plan -(Growth Option)

Equity – Focused Funds:

– Axis Focused 25 Fund – Regular Plan – Growth Option

– Motilal Oswal Focused 25 Fund (MOF25)- Regular Plan Growth Option

Equity – Large & Mid Cap Fund

– BOI AXA Large & Mid Cap Equity Fund Regular Plan- Growth

– Canara Robeco Emerging Equities – Regular Plan – GROWTH

– Tata Large & Mid Cap Fund- Regular Plan – Growth

Hybrid – Aggressive Hybrid Fund

– Axis Equity Hybrid Fund – Regular Plan Growth

– Dsp Equity And Bond Fund – Growth

– Motilal Oswal Equity Hybrid Fund-regular Plan Growth

Preshit Upadhye: I am an NRI from USA/Canada. I want to invest 3 lakh to 5 lack in Mutual funds in India. I am looking at 3-5 years window with high returns (I am willing to take high risk). 

1. Shall I invest as SIP or as lumpsum amount considering I can invest 3-5 lacks immediately?

2. I am considering following portfolio (Please note NRI from USA/CANADA are allowed to invest only in 8 MF houses in India). Please advise if it would be appropriate.

  • Sundaram Large and Mid Cap Fund Growth (20 per cent)
  • Sundaram Select Focus Fund Growth (20 per cent)
  • UTI Regular Fund Equity Plan Growth (20 per cent)
  • L&T Mid Cap Fund Growth (20 per cent)
  • L&T India Value Growth (20 per cent)

Omkeshwar Singh: You may invest with the 5 & 4 rated funds; however for others better alternative is available

Equity – Mid Cap Funds:

– Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option

– DSP Midcap Fund – Regular Plan – Growth

Equity – Value Funds: Tata Equity P/E Fund Regular Plan -(Growth Option)

Equity – Large & Mid Cap Fund

– BOI AXA Large & Mid Cap Equity Fund Regular Plan- Growth

– Canara Robeco Emerging Equities – Regular Plan – GROWTH

– Tata Large & Mid Cap Fund- Regular Plan – Growth

Essar Nair: I am holding below mentioned SIPs and also single MF investments. Please advise if this can be continued or if fund change required.

Omkeshwar Singh: You may continue with the 5 & 4 rated funds; however, for others better alternative is available

Equity – Large Cap Funds:

– LIC MF Large Cap Fund-Regular Plan-Growth

– Axis Bluechip Fund – Regular Plan – Growth

– Kotak Bluechip Fund – Growth

– Mirae Asset Large Cap Fund – Growth Plan

Equity – Mid Cap Funds:

– Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option

– DSP Midcap Fund – Regular Plan – Growth

Equity – Value Funds:

– Tata Equity P/E Fund Regular Plan -(Growth Option)

Equity – Focused Funds:

– Axis Focused 25 Fund – Regular Plan – Growth Option

– Motilal Oswal Focused 25 Fund (MOF25)- Regular Plan Growth Option

Equity – Large & Mid Cap Fund

– BOI AXA Large & Mid Cap Equity Fund Regular Plan- Growth

– Canara Robeco Emerging Equities – Regular Plan – GROWTH

– Tata Large & Mid Cap Fund- Regular Plan – Growth

Hybrid – Aggressive Hybrid Fund

– Axis Equity Hybrid Fund – Regular Plan Growth

– Dsp Equity And Bond Fund – Growth

– Motilal Oswal Equity Hybrid Fund-regular Plan Growth

Equity – Multi Cap Funds:

– Motilal Oswal Multicap 35 Fund (MOF35)-Regular Plan-Growth Option

– JM Multicap Fund – Growth option

– UTI – Equity Fund-Growth Option

Rajguddu: Please advise me on following

Omkeshwar Singh: You have decent very portfolio, please continue without any change.

Gopal Karthika: How to find difference between active fund and passive fund. Which is active mutual fund and passive mutual fund? I would like to start SIP in passive fund how to find best passive SIP to invest. Awaiting your reply. 

Vijai Kumar: I want to invest around Rs 100,000 in Mutual Funds on long term basis with high return. Please advise which would be the best funds among HDFC, SBI, Nippon, Birla or/and ICICI.

Omkeshwar Singh: Please note, RankMF ratings ignore past performance and influence of brand or names, it mainly considers the quality of the portfolio and the margin of safety at with the NAV is currently available on real-time basis.

Top rated schemes of various categories at present are as under, you may select as per your requirement.

Equity – Large Cap Funds:

– LIC MF Large Cap Fund-Regular Plan-Growth

– Axis Bluechip Fund – Regular Plan – Growth

– Kotak Bluechip Fund – Growth

– Mirae Asset Large Cap Fund – Growth Plan

Equity – Mid Cap Funds:

– Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option

– DSP Midcap Fund – Regular Plan – Growth

Equity – Focused Funds:

– Axis Focused 25 Fund – Regular Plan – Growth Option

– Motilal Oswal Focused 25 Fund (MOF25)- Regular Plan Growth Option

Equity – Large & Mid Cap Fund

– BOI AXA Large & Mid Cap Equity Fund Regular Plan- Growth

– Canara Robeco Emerging Equities – Regular Plan – GROWTH

– Tata Large & Mid Cap Fund- Regular Plan – Growth

Equity – Multi Cap Funds:

– Motilal Oswal Multicap 35 Fund (MOF35)-Regular Plan-Growth Option

– JM Multicap Fund – Growth option

– UTI – Equity Fund-Growth Option

Neeraj Gupta: I have following Mutual Funds since 2017.

1. Nippon Small Cap: Monthly Amount: Rs. 3000
2. Nippon India Focused: Monthly Amount: Rs. 2500/-
3. ICICI Pru- Value discovery: Amount: Rs. 1000/-
4. Franklin- India Equity: Amount: Rs. 2500/-
5. IDFC-Sterling Value: Amount: Rs. 2500/-

I want to stop these and start some performing one. Hence, I request you to suggest some MF for period of above 5 years.

Omkeshwar Singh: Better alternatives are available

Equity – Focused Funds:

– Axis Focused 25 Fund – Regular Plan – Growth Option

– Motilal Oswal Focused 25 Fund (MOF25)- Regular Plan Growth Option

Equity – Multi Cap Funds:

– Motilal Oswal Multicap 35 Fund (MOF35)-Regular Plan-Growth Option

– JM Multicap Fund – Growth option

– UTI – Equity Fund-Growth Option

Equity – Value Fund: Tata Equity P/E Fund Regular Plan -(Growth Option)

Equity – Small cap Fund: Axis Small Cap Fund – Regular Plan – Growth

Ankit Rawat: I am investing 6k/month in SBI blue chip & DSP blackrock tax saver fund. Now thinking of investing 3.5k/mnth in balanced fund but confused among ICICI prudential bal. Adv, SBI equity hybrid & HDFC bal. Adv. Fund.

Can you review my profile as if it lacks any type of fund and tell me which balanced fund is going to be good for me? I am 30 yrs old and my investment horizon is of 10 years and my risk appetite is moderate.

Omkeshwar Singh: You may consider Aggressive Hybrid schemes looking at long term tenure of 10 year.

Hybrid – Aggressive Hybrid Fund

– Axis Equity Hybrid Fund – Regular Plan Growth

– Dsp Equity And Bond Fund – Growth

– Motilal Oswal Equity Hybrid Fund-regular Plan Growth

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