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FSM In Media: SIP or Lumpsump investments?
October 26, 2016

This chat transcript was published in on Tuesday, October 25, 2016.

Author : Dr. Renu Pothen


Guest: Hi, Is it good idea to go with STP from Arbitrage fund to any Large/Multicap Equity fund as taxation is nil after 1yr? Can you suggest few good schemes in both category?

Dr. Renu Pothen:You can do STP from an arbitrage fund to any large cap/multi cap fund after a year. As far as arbitrage funds are concerned you can consider Indiabulls Arbitrage Fund/Reliance Arbitrage Advantage Fund .In the case of large cap funds, you can consider ICICI Prudential Focused Bluechip Equity Fund/Birla Frontline Equity Fund. As for multi cap fund, you can consider Kotak Select Focus Fund.


Guest:I am investing in Axis Long Term Equity Fund-Rs. 3000, BSL Tax Relief\\`96- Rs. 2000, BSL Top 100 Fund- Rs. 1500, ICICI Pru Long Term Equity Fund - Rs. 2000 and ICICI Pru Value Discovery Fund - Rs. 1500 through SIP Method. So it comes out to be Rs. 7000 for ELSS Funds, Rs. 1500 for Large Cap and Rs. 1500 for Diversified Equity. Kindly refer me some fund in debt sectors and the return I can expect if I invest for next 10 years in that debt fund as I dont know much about debt funds, kindly refer me

Dr. Renu Pothen: For debt funds, if you are a conservative/moderately conservative investor, you can consider short term funds like UTI Short Term Income Fund/DSP BlackRock Income Opportunities Fund. If the Investors risk profile is moderately aggressive/aggressive, then consider dynamic bond funds. The recommended funds in this category are Birla Sun Life Dynamic Bond Fund and Tata Dynamic Bond Fund.


Guest: i would like to invest in mutual fund..mirae,dsp would i like to know lump sum or sip prefer..

Dr. Renu Pothen: From the Mirae stable, the best performing fund is Mirae Asset Emerging Bluechip Fund. As for DSP BlackRock Mutual Fund, our recommended fund from the equity basket is DSP BlackRock Micro Cap fund. If you are an aggressive investor, you can think of investing into these funds via the SIP route.


Guest:My questions are Is it is ok to have more than 2 funds of same fund house in one portfolio? I am investing in hdfc top 200 for last five years but the funs not give me the returns as per my expectations despite good background return. Should i stop SIP in this if so then pl suggest me one large cap or midcap fund.

Dr. Renu Pothen: It is fine to have 2 funds from the same fund house, but they should be from different categories. You should also check for portfolio overlap before deciding to invest in the 2 funds. You can hold onto HDFC Top 200 for some more time before taking an exit call in the same.


guest:: Hi, I have Rs. 20 lakhs in FD`s which I would like to now invest in mutual funds. Time horizon - 15-18 years, moderate risk, expected returns - 12-15%. What are the best options? How should I diversify this amount? Should I go for MIP`s growth option, which ones? Please advise.

Dr Renu Pothen: If your time horizon is more than 15 years and you can take moderate risk then rather than going in for MIP, create a portfolio of equity and debt funds. In the equity space, you can consider large cap/multi cap/mid cap funds, while in the debt category take an exposure into a short term fund and a dynamic bond fund.
guest: Am 40 and investing via SIP since 2 years for my kids education they are 8 years and 3 years in the following funds Franklin India Blue Chip fund and UTI Equity fund and my goal is more then 10 years from now. By looking in to the funds history are my funds worth to generate long term corpus say 10 years from now
Dr Renu Pothen: My suggestion is that as you are looking at a long term, you should diversify into more funds as well. Here you can consider multi cap funds and mid cap funds.


guest: Hi Madam following are the Mutual funds that i am investing can you please review them and suggest me if i am not on the right path. Birla SL Frontline Equity Fund-Rs 2000 HDFC Balanced Fund- Rs 2000 ICICI Prudential Value Discovery fund- Rs 2000 Mirae Asset emerging blue chip fund - Rs 2000 Axis LT equity fund(tax saving) - Rs 2500 Franklin India Tax shield (tax saving) - Rs 2500 ICICI prudential (tax saving ) -Rs 1000
Dr Renu Pothen:: All the funds included in your portfolio are our recommended funds.
shammu86: Hello Mam, Following is my portfolio, Could you please let me know if I am in right path of Diversified portfolio? Suggest me if i can add any other fund. Axis Long Term - 3000 per month Franklin India Tax Shield - 3000 per month Franklin India Smaller Companies - 2000 per month SBI Magnum Multicap - 2000 per month per month Planning to start below Balanced Fund: Franklin India Balanced Fund - 2000 per month HDFC Balanced Fund / Birla Sun Life Bal. 95 Fund - 2000 per month.
Dr Renu Pothen: You need to include a large cap fund and a mid cap fund in your portfolio to make it more diversified. As for balanced fund, you can go in for HDFC Balanced Fund.

Disclaimer:iFAST and/or its content and research team's licensed representatives may own or have positions in the mutual funds of any of the Asset Management Company mentioned or referred to in the article, and may from time to time add or dispose of, or be materially interested in any such. This article is not to be construed as an offer or solicitation for the subscription, purchase or sale of any mutual fund. No investment decision should be taken without first viewing a mutual fund's offer document/scheme additional information/scheme information document. 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. Investors should seek for professional investment, tax, and legal advice before making an investment or any other decision. Past performance and any forecast is not necessarily indicative of the future or likely performance of the mutual fund. The value of mutual funds and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice


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