By CNBC-TV18 Nov 22, 2018 5:27:44 PM IST (Updated)
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Want to invest in mutual funds but don’t know how to go about it? Get all your mutual fund related queries answered by our expert, Himanshu Srivastava, senior research analyst, Morningstar Advisers India, on our show Mutual Fund Corner.
Want to invest in mutual funds but don’t know how to go about it?
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Get all your mutual fund related queries answered by our expert, Himanshu Srivastava, senior research analyst, Morningstar Advisers India, on our show Mutual Fund Corner.
Q: 28-year-old Raunak Surana writes to us from Rajasthan. I started investing in mutual funds since January 2018. I am currently investing Rs 20,000 per month as SIP in mutual funds linked with my goals. Please suggest me about my portfolio, are these funds good, do they need any change either in specific fund or amount of SIP pertaining to my goals.
My portfolio is-
1. For child's education - Rs 1 crore in 20 years
Funds are -
a. ICICI Bluechip: Rs 5,000 per month
b. ABSL Focussed Equity: Rs 2,500 per month
c. ABSL Tax RLF 96: Rs 2,500 per month
2. For child's marriage - Rs 1 crore in 27 years
Funds are -
a. HDFC Midcap Opp: Rs 2,500 per month
b. PPFAS Long Term Equity: Rs 1,500 per month
3. For my retirement - Rs 4 crore in 32 years
Funds are -
a. Mirae EMG Bluechip: Rs 2,500 per month
b. Axis Multicap: Rs 2,500 per month
c. Tata Consumer: Rs 1,000 per month
All funds are growth option and direct plan. I have a term plan of Rs 1.5 crore from Max Life and health insurance from Max Bupa (Floater).
A: It's really a good investment planning, where you are making goal-based investments with defined timelines, which is a rarity.
Some of the funds which you may consider adding are:
| Group/Investment | Morningstar Analyst Rating | Morningstar Rating Overall | Returns (%) | ||
| 1-Yr | 3-Yr | 5-Yr | |||
| Large-Cap | |||||
| Aditya BSL Frontline Equity Gr | Silver | ÙÙÙÙ | -4.61 | 8.90 | 14.26 |
| DSP Top 100 Equity Reg Gr | Bronze | ÙÙ | -8.34 | 6.22 | 10.34 |
| Franklin India Bluechip Gr | Gold | ÙÙÙ | -5.35 | 6.81 | 12.05 |
| HDFC Top 100 Gr | Gold | ÙÙÙÙ | -1.57 | 11.19 | 14.81 |
| ICICI Pru Bluechip Gr | Silver | ÙÙÙÙÙ | -1.06 | 10.96 | 14.34 |
| Reliance Large Cap Gr | Silver | ÙÙÙÙÙ | 0.49 | 10.90 | 17.58 |
| SBI Bluechip Reg Gr | Bronze | ÙÙÙÙ | -5.24 | 7.93 | 15.24 |
| UTI Mastershare Unit Reg Gr | Bronze | ÙÙÙ | -0.62 | 8.04 | 13.03 |
| Mid-Cap | |||||
| Aditya BSL Mid Cap Gr | Bronze | ÙÙÙ | -14.80 | 7.93 | 20.32 |
| DSP Midcap Reg Gr | Silver | ÙÙÙÙ | -10.35 | 10.95 | 22.32 |
| Franklin India Prima Gr | Gold | ÙÙÙÙ | -7.18 | 9.75 | 21.74 |
| HDFC Mid-Cap Opportunities Gr | Gold | ÙÙÙÙÙ | -8.71 | 11.08 | 22.91 |
| ICICI Pru Midcap Gr | Bronze | ÙÙÙ | -10.23 | 9.45 | 23.43 |
| SBI Magnum Midcap Reg Gr | Bronze | ÙÙ | -15.37 | 4.15 | 20.03 |
| Sundaram Mid Cap Gr | Bronze | ÙÙÙ | -13.79 | 8.50 | 22.03 |
| Small-Cap | |||||
| DSP Small Cap Reg Gr | Silver | ÙÙÙÙ | -18.82 | 7.33 | 26.72 |
| Franklin India Smaller Companies Gr | Silver | ÙÙÙÙ | -14.26 | 8.79 | 23.57 |
| HDFC Small Cap Gr | Bronze | ÙÙÙÙ | 0.42 | 16.66 | 20.74 |
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First Published: Nov 22, 2018 4:48 PM IST
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