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Best Mutual Funds to invest in 2016 – Top performing Mutual Funds in India

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B. Best / Top performing Balanced  Mutual Funds   (Equity + Debt Mix)

Wealth18.com   Annualised Returns (in %)
Balanced Funds AUM
( In Rs Crores )
March 2015
1 year 2 Year 3 Year 5 Year
HDFC Balanced Fund (G 2486 51.7 32.4 22.7 18.5
HDFC Prudence Fund (G 7282 50.8 28.6 20.4 16.3
ICICI Pru Balanced Fund (G) 1232 46 29.3 23.8 18
Tata Balanced Fund (G) 1378 59.9 33.3 26.1 18
SBI Magnum Balanced Fund (G) 1003 49 30.3 25.7 15
           
Wealth18.com Returns calculation as on 13-Mar-2015

 

C. Best / Top performing Debt Mutual Funds

 

Wealth18.com   Annualised Returns (in %)  
Debt Funds AUM
( In Rs Crores )
March 2015
1 year 2 Year 3 Year 5 Year  
IDFC Dynamic Bond-Regular Plan (G) 2041 16.1 9.5 10.7 9.8 Debt – Long term
Reliance Dynamic Bond (G) 2826 15.8 9.6 10.3 9.6 Debt – Long term
UTI Dynamic Bond Fund (G) 302 14.8 11 10.9   Debt – Long term
Can Robeco Dynamic Bond-RP (G)  147 15.8 10.6 10.7 9.1 Debt – Long term
ICICI Pru Income (G) 2361 17.9 8.5 9.2 7.9 Debt – Long term
             
Birla SL Dynamic Bond -RP (G) 7143 15.4 10.9 10.8 9.5 debt – short term
Birla SL Short Term Fund (G 1425 11 9.7 10 8.9 debt – short term
Reliance Short Term Fund (G) 1768 11.2 9.4 9.6 8.5 debt – short term
HDFC Short Term Opportunities (G) 1740 10.4 9.5 9.6   debt – short term
Axis Short Term Fund – Reg. (G) 446 10 8.7 9.2 8.4 debt – short term
             
ICICI Pru Flexi Income (G 7085 9.4 9.5 9.5 8.9 Debt – UltraShort
ICICI Pru Dynamic Bond-RP (G 328 14.8 9.4 9.8 8.8 Debt – UltraShort
             
SBI Magnum Gilt – LTP (G) 121 21.5 12.8 12.4 10.1 Gilt – Long
Reliance Gilt Sec. – RP (G) 346 19.2 10.3 11 8.9 Gilt – Long
UTI Gilt Advantage – LTP (G) 135 21.9 11.5 11.2 9.8 Gilt – Long
             
SBI Premier Liquid Fund – RP (G) 6249 8.9 9.1 9.2 8.7 Liquid
Axis Liquid Fund – Reg. (G) 3947 9 9.1 9.2 8.7 Liquid
Escorts Liquid Plan (G) 139 9.5 9.6 9.8 9.4 Liquid
ICICI Pru Money Market Fund (G) 2054 9 9.1 9.2 8.4 Liquid
             
Franklin India Short Term Income Plan – Retail Plan (G) 8509 12 10.4 10.4 9.2 Credit Opp Fund
Franklin Corporate Bond Opp. (G) 7228 12.1 10.3 10.6   Credit Opp Fund
Franklin India IBA (G) 1441 13.7 10.5 10.8 9.6 Credit Opp Fund
ICICI Pru Regular Savings Fund (G) 4520 11.2 9.4 9.4   Credit Opp Fund
ICICI Pru Corporate Bond (G) 2221 12.8 9.3 9.6 8.4 Credit Opp Fund
             
Wealth18.com Returns calculation as on 13-Mar-2015  

D. Best / Top performing Gold Mutual Funds

 

Wealth18.com   Annualised Returns (in %)
Gold ETF / Gold Funds AUM
( In Rs Crores )
March 2015
1 year 2 Year 3 Year 5 Year
SBI Gold Exchange Traded Fund 1036 -14.3 -7.2 -2.5 8.4
UTI Gold Exchange Traded Fund 506 -14.5 -7.4 -2.7 8.4
Kotak Gold ETF 574 -14.4 -7.5 -2.6 8.3
Birla Sun Life Gold ETF (G 83 -17.9 -7.4 -2.6  
Axis Gold ETF 282 -14.4 -7.4 -2.7  
           
           
Reliance Gold Savings Fund (G) 1147 -14.6 -6.9 -3.8  
Birla Sun Life Gold Fund (G) 52 -14.6 -6.6 -4.3  
HDFC Gold Fund (G) 288 -14.7 -6.9 -3.6  
ICICI Pru Reg Gold Savings Fund (G) 67 -15.6 -7.1 -3.6  
Kotak Gold Fund (G) 258 -15.6 -7.4 -3.7  
           
Wealth18.com Returns calculation as on 13-Mar-2015

 

Data Source: Moneycontrol & Returns calculation done as on 13-Mar-2015

Please note that list of above mutual funds are provided as Guide only. You should take investment decisions based on your risk apetite, goal, horizon etc. Please consult your financial advisor also to check which investments are suitable for you.

Note: After doing some analysis, I found that the returns provided on most of the websites are based on ONE TIME investment only. For e.g Return for 1 year or 5 years mean the return on one-time investment done 1 year / 5 year before.

However, it is always suggested to invest in Mutual funds via SIP. The returns will be different if I use the SIP method of investment over 1 year, 2 years or 5 years. The SIP returns comparison are not easily available on websites.  In my next post, I will try to post some comparisons based on SIP investment returns.

If you have any queries related to this article or any other personal finance query ( Investment, Taxation etc), please comment below

http://wealth18.com/

About wealth18

The author is a Chartered Accountant and loves to write about Personal Finance, Wealth Management, Taxation etc. Disclaimer - The articles on this website is for informational and knowledge purposes and should not be treated as financial advice, Please consult your financial advisor before taking any investment decision.

738 comments

  1. Hi Vivek,

    Two picks from your side out of the following:

    HDFC Top 200(G), ICICI Pru Focussed Bluechip (G), Quantum Long Term Equity (G), Axis Equity (G)

    How should we decide which fund(s) to choose when the shortlisted ones have almost similar returns. Must be some differentiating factor.

    Thanks 🙂

    • The differentiating factor could be multiple – fund house popularity, returns consistency, size of fund etc.
      I would prefer ICICI Pru Focussed Bluechip (G) & Axis Equity (G)

      • Hi sir, am karthik 23, willing to invest 30 ,000 per month on mutual fudas both long term and short term, and yearly 50000 on stocks.pls suggest me how can i go for it(splitting 30000) and also suggest some long term mf to invest.

    • Hi…
      Vivekji,

      I’m 45, no major liabilities..
      My portfolio is as below, pl guide if needs to change

      ICICI Prud Blue chip (5K – monthly)
      HDFC Mid Cap (5K fortnightly)
      Birla Frontline Eq (5K monthly)
      BNP Midcap (5K monthly)
      Sundaram Select Midcap (5K – fortnightly)
      L&T Business Cycle (3lac-One time)

      Birla Cash Manager (3lac – one time)
      HDFC Corporate Debt(5 lac – one time)

      Long Term 3 to 5 years…
      Pl guide

      • The funds in your SIP are Ok.

        Re Lumpsum investment –
        L&T Business cycle is new fund and donot have much history. It is better to systematically transfer to other diversified funds.

        Following two are debt funds, and the returns will be similar to FD. When the interest rate is going down, then the NAV will be higher and your returns will increase.
        Birla Cash Manager is Ultra short term debt.
        HDFC Corporate Debt is Credit Opportunities fund.

        Note that 3-5 years is not considered as long term for equities. You should have atleast 7-10 years in mind.

    • Sir,

      I want to invest 4000/month for 30 years. kindly confirm the funds in which i have to invest for such long period. following are funds in which i think to invest. kindly give your suggestion plz. or plz. mail them.

      1. SBI Blue chip/ SBI Global – Rs. 2000
      2. SBI Small & Medium Fund – Rs. 1000
      3. SBI Magnum Gilt Fund – Rs. 1000

      • Hi Mohit,

        These funds are OK from long term perspective.

        • thanks sir for your reply. can you please confirm how long i have to invest in funds is 30 years is ok or i have to invest for short terms i.e 10 years,20 years etc…

          • You can remain invested as long as you want. You don’t have to specify the time frame now while investing.

  2. Sir ,
    i am mentioning my current portfolio below : [In total i invest in 7 funds with 14000 pm SIP]

    I INVEST IN 4 MF FUNDS: [All the MF SIP started from July 2014]

    1.Axis MidCap Fund – Gr -2500pm
    2.BNP Paribas Midcap Fund – Gr -2500 pm
    3.L&T Infrastructure Fund – Gr -2500 pm
    4.Motilal Oswal MOSt Focused Multicap 35 Fund – Gr -2500 pm

    And also invest in ELSS for Tax saving in below 3 funds:[All the 3 ELL funds investments started from Jan 2013 ]

    1.Reliance Tax Saver Fund – Gr -1500 Pm
    2.Canara Robeco Equity Tax Saver Fund – Gr -1000 pm
    3.BNP Paribas Long Term Equity Fund – Gr -1500 pm

    Can you please suggest the Funds i have mentioned are good or i need to move to another funds.
    I also want to invest 2000 pm more VIA SIP ,can you suggest some good MF ,ELSS for investing

  3. Hi Vivek,
    I want to invest in ELSS funds. And i am planning to invest 5000 per month for about 3 to 5 years. And later on also want to invest Some amount in long term funds. (10 to 15 yrs)
    Can you please suggest me some funds name for both ELSS investment (2 to 3 ELSS) and Long Term investment(3 to 5).

    Thanks,
    Anand

  4. DIPANKAR BBHATTACHARJEE

    I shall retire from a PSU next eight months as a Manager. Wife is only dependent. Residing in own house. Monthly pension income would be 20k. No liability as on date. Shares and MF holdings have been liquidated in marriage of only child, daughter, an engineer.
    Like tours & travelling (abroad also). Plz guide how much to park where safely out of PF of 70 lac.

    • Hi Dipankar,

      What is your current age ?
      how much will be monthly expense requirement?
      do you have medical insurance for you & your wife ?

  5. Hi Vivek, Your inputs are really helpful and the articles on this website are amazing. I’ve started investing recently and would like to take your suggestion about my fund allocation on below MFs… I would be grateful to listen to your inputs/suggestions. Please suggest me if I need to re-shuffle or any other suggestions …. Thank you very much!
    -Pavan

    Tax Saver Funds
    10th – 2500 – HDFC Tax Saver Fund (ELSS)
    18th – 2500 – Reliance Tax Saver Fund (ELSS)

    Longterm wealth creation Funds

    02nd – 3000 – Reliance Longterm Equity Fund Growth
    08th – 3000 – Motilal Oswal MostFocused Multicap35 Fund Growth
    18th – 2000 – Reliance Equity Opportunities Fund Growth
    22nd – 3000 – Axis Midcap Fund Growth
    22nd – 2500 – SBI Magnum Equity Fund Growth
    25th – 3000 – BNP Paribas Equity Fund Growth
    25th – 2500 – ICICI Prudential Value discovery Fund Growth

    • Hi Pavan, Your selection looks good as you have allocated the variousSIP across different dates.
      Also , you have good mix of large cap, diversified, midcap funds.
      May be you can include 1 gold fund in your portfolio.

      • Thanks a lot, Vivek. Also, would like to take a term plan and after a bit of analysis found HDFCClick2Protect and ICICIiProtect seems to be good. Please suggest.

        • Hi Pavan, Both policies are good for online term insurance.

          HDFC Click2Protect has max maturity age is 65 years while ICICI iProtect has max maturity age is 75 years.

          The premium for both insurance is almost similar. For e.g. for sum assured for 50 Lakh for 30 years for a 3 year male, the premium is as follows:

          HDFC CLick2Protect – Rs 6000
          ICICI iProtect – Rs 6150

          You can also add Accidental Cover option.

  6. Hi Vivek,

    I am planning to invest in MF through SIP route. Could you please suggest how the below two are as options? I want to stay invested for 7-10 years at least fort long term capital creation. I have checked you suggested list of MF’s too.

    1) ICICI Prudential Technology Fund
    2) ICICI Prudential Balanced Advantage Fund

    Also, as ELSS, I am planning to invest in Axis growth fund as suggested in your site.

    • 1) ICICI Prudential Technology Fund is technology sector specific fund and should not be your primary fund. As the risk is concentrated in 1 sector, you should choose from Large cap / diversified / midcap.

      2) ICICI Prudential Balanced Advantage Fund – is balanced fund which has mix of debt & equity. As yoru horizon is long term, you should choose from Large cap / diversified / midcap

      • Hi Vivek,
        I am new in MF market and I m 30 yrs.i want to invest 5000 pm in elss growth mode through sip.is it important to allocate my portfolio through equity,debt or gold as u discuss erlier.And how can I do it ? I want to invest in relience and axis elss mode.is it right choice ? Can I invest it for 5 yrs or 7 yrs ? Pls suggest.
        Thanks.

        • Hi Priyajit

          1) Why are you only considering ELSS fund? Do you need to claim deduction u/s 80c (under overall limit of 1.5 lakhs)
          If you are just looking for ELSS, then you can invest in Reliance & Axis Tax saving fund.

          If not, then you can allocate funds in various categories of mutual funds so that the risk is diversified.

  7. Sir,
    I have always heard holding stocks for long term is much more beneficial than the short term choice. Does the statistics mean than I should invest in short term in mutual funds for a better return? I do not know whether my question sounds silly. Nevertheless I request for an answer

    • If you are investing in Equity Mutual funds, then you should invest for long term.

      But if you want to invest in Short term, then you can invest in Short term Debt funds, Liquid funds etc.. which give returns similar to FD.

  8. Sir,
    The statistics shows a return of 151.5% for Reliance Small Cap fund for a time period of 1 year as par a return of 51% for a time span of 2 years. I meant whether this implies a better return if invested for 1 year. Please explain.

    • The statistics shows annual return per year. So 51% annualized return mean 51% return per annum for last 2 years. So it should be around 102% over 2 years.

      Yes, you would have got 151% if invested for 1 year, but that’s because of exceptional circumstances this year. This is not going to happen every year.
      Market can be volatile in short term. So if you invest for 1 year in equity funds, there is no guarantee that you will get good returns. You might be lucky but there is risk.

      For e.g Reliance small cap fund gave just 11% return in 2013 and was down 25% in 2011.

  9. Hi Vivek,

    How good is SBI Bluechip Fund (G) as compared to Axis Equity Fund (G)?

    Thanks.

    • Both SBI blue chip fund & Axis Equity Fund are large cap equity fund and has given consistent returns.

      SBI blue chip fund has given slightly higher returns.

  10. I want to make sip in the following three mutual funds for wealth creation.
    Birla SL Pure value fund
    ICICI pru exports and other services fund
    ICICI Pru Focussed Blue chip fund
    Kindly give your opinion about it and suggest if any change of fund is required.

    • Hi, Can you pls let me know

      1) What is the time frame
      2) how much amount you want to invest
      3) do you have any other Mutual fund investments

  11. Hi Vivek,

    I had invested in Axis Equity Fund and had submitted the form through karvy.

    I had clearly mentioned DIRECT plan in the scheme name in the form. Now when I’ve received the A/c Statement I am shocked to see that the investment has been done under regular scheme instead of Direct.

    When I got in touch with karvy, they told me Direct cannot be opted through karvy. Pls tell me how can I initiate action against karvy.

    Thanks,
    Vivek Gupta

    • Hi Vivek,

      In the link below, you can check the list of Axis MF official point of acceptance (Karvy offices) –

      https://www.axismf.com/About-Axis-Mutual-Fund/contact-us.aspx

      If you have submitted in one of the offices mentioned above, then they should accept the DIRECT applications.

      Even if you submitted at different office, the fact that you have written DIRECT in the form, they should not have accepted that. You should complain this to Axis MF as well.

      • Yes Vivek, I submitted to one of the offices mentioned in the list. I had found the address in this very list and went there. I’ve complained this to Axis MF. Hope things get rectified.

        • sure. Also if you have written the DIRECT on the form, then someone must have corrected it without your signature.

          As you have complained to Axis MF, you should also request for copy of your form as someone has made correction.

  12. To build corpus of 50 lakhs for buying home in 10 years,20lakh for children education in 15 years,75lakh for marriage in 24years .how much monthly i need to invest for each thing.moderate risk taker . my age 25years

    • If you assume 12% cagr return, you need following monthly investment:

      1) to get Rs 50 lakh in 10 years, you need to invest approx Rs 22000 per month
      2) to get Rs 20 lakh in 15 years, you need to invest approx Rs 4000 per month
      3) to get Rs 75 lakh in 24 years, you need to invest approx Rs 4500 per month

      I think your home corpus target is little aggressive. You should target for initial down payment for home loan. For e.g if you want to buy home for Rs 50 lakh, you can make downpayment of Rs 10 lakh & take loan for the rest.

  13. if i invest 3000/month for 30 years how much amount as retirement corpus i can get?

    • Hi Surender, If you invest rs 3000 per month for 30 years, you can create a corpus of Rs 1 core ( assuming 12% CAGR return)

  14. Hi, Vivek, thanks for yr so many important & informative posts.would u pl advise- if a lnded prop.acqrd 30yrs back sold now,will it attach any tax-brdn.?

  15. hi,vivek

    i am planning to invest as follows:

    large cap-icici focus blue chip,birla sl front life,sbi blue chip,uti equity

    small&mid cap:sbi emergingn business,uti mid cap,reliance small cap,hdfc equity opportunity

    balanced fund:icici balance advantage

    kindly advice one from each type.also best out of all.

    Better to invest lumpsum or sip,if fund available.

    regards

    • It is better to invest via SIP sop that amount is invested over period to capture market fluctuations.

      The funds selected are performing well. However, based on the amount to be invested, select the number of funds.

  16. Hi Vivek,

    I am 30 years old, Already investing following funds for Rs 2000 each month ( Duration 10 years )
    1) HDFC Mid Cap Opp fund direct growth
    2) L&T Business Cycle fund Direct growth
    3) ICICI prudential focused blue chip fund direct growth

    Now I would like to invest another Rs 4000 each month in two funds. Can you suggest 2 good funds with good combination.

    Note: If fund having less NAV we can accumlate more unit, when NAV start increase we will get good return. Is it correct ? If so can you suggest the fund which having less NAV now, which may give good return in future.

    • Hi Karthik, First of all , please note that this is a MYTH that low NAV funds are better. You cannot say that one fund is better that other just because NAV is less or more.
      You should compare returns for various funds and decide.

      1. L&T Business cycle is a new fund and does not have much history to compare performance.
      2. For additional investment, you can consider funds are the list above. – Birla SL Long term Advantage, Reliance Small Cap Fund etc

  17. Sir I m a defence employee with a salary of 26000 per month,I have 1 year old son,,,,suggest fund for sip for his education,,,i can invest 10000 per month for 12 year

    • Hi Neeraj, You can consider investing in Mutual fund monthly via SIP option. You can allocate the fund as follows:

      1) Large cap fund – 2000
      2) Midcap fund – 3000
      3) Diversified fund – 2000
      4) Debt fund – 2000
      5) Gold fund – 1000

  18. Hi Vivek, pl guide me for longterm investment ,the best mutual funders.

  19. Hi,

    I want to invest 6000 per month in mutual funds for 10-15 years. I’m planning to invest in following funds-

    1. ICICI Prudential Focused Bluechip Equity Fund – Direct Plan – 3000
    2. HDFC Mid-Cap Opportunities Fund – Direct Plan – 3000

    Please let me know if my fund selection is right.

    Thanks and Regards,
    Srinivasa Kamath

    • These are good performing funds. You can consider 3 funds

      ICICI Prudential Focused Bluechip Equity Fund – Diret Plan – 2000
      HDFC Mid-Cap Opportunities Fund – Direct Plan – 2000
      SBI Emerging Business – 2000

  20. Hi Vivek,

    I’m 22 years of age. I just started working. I want to invest in mutual funds for 20-25 years. I’m ready to take medium risk. Could you suggest me some mutual funds to invest 10k per month. Also could you let me know if I should invest in direct plan instead of regular plan.

    • If you invest Rs 10000 per month for 20 years, you may be able to accumulate 1 crores.

      You can allocate funds as follows :
      1. 7000 in Equity funds – 2000 in Diversifed, 1000 in Large cap, 4000 in small/mid cap
      2. 2000 in Debt funds
      3. 1000 in Gold fund
      List of best performing Funds are provided in the post above.

      It is better to invest in DIRECT plans as it saves you around 0.5% – 1% agent commission in-built into NAV. However, if you donot want too much hassle in going to the MF offices etc, you can go for regula roption & take help of Mutual fund distributors.

  21. Hi vivek,
    I want to invest in sip for 5 yes and amount is 12000/ month
    Pl suggest

    Sandip

    • Hi Sandip, As your time horizon is 5 years, you should consider investing in Balanced funds and may be large cap funds.

      If you increase your time horizon, then you can consider other form of Equity funds (like Diversified, Mid/Small)

      Best performing funds are provided in the post above.

  22. Hi Vivek

    I went through your suggestions on this site. I am new to mutual funds and want to invest 50k for tax saving. But i am afraid to lose my money. So i need you best suggest to choose the mutual funds schemes. Please also suggest for how much yrs i should invest ?

    I have sort listed few one here, please suggest if these are good.
    1) Axis long term equality fund(G) –> 3yr
    2) ICIC pru right fund(G) –> 3yr
    3) ICIC pru tax plan (G) –> 5yr

    Thank you for your help.
    Regards
    Suman

    • Hi Suman, these are good performing funds.
      Please note that ELSS has locking period of 3 years. These are Equities funds and do not guarantee returns. However, over long term, the Equities has given good results.

      It may be possible that Equity market is not good in 3rd or 5th year, and therefore funds are not giving good returns. So you should have ability to hold it for few more years to have decent returns. ( just in case the market is not good at that time).

  23. Hi Vivek ! I invest bulkk amounts in Mfs every 3-4 months and prefer to pick mid and small cap funds except for the mandatory requirement in elss of 150000 which includes insurance of 50000 as well for me. I have investments of 12 lakhs in Reliance small cap, franklin India smaller co fund, dsp blackrock micro cap, uti transportion, hdfc balanced, kotak balanced, tata balanced. I want to hold these funds atleast for 5 years and then might switch in/out depending upon performance. On an average, these funds are giving a combined return of more than 50% year on year.

    Please advise should I continue or adopt a different modus operandi. My portfolio has over 90% investment in Mid n small cap.

    • Hi Sameer, First congrats that you have been able to get such wonderful returns.
      This is because the rule – Higher the Risk ,higher the gains.

      It is risky strategy to invest lumpsum amounts in Mid/small cap. Normally midcap/small cap are more volatile. Over past 1 year they have given wonderful returns.

      From long term perspective, it is better to balance the portfolio and make disciplined investment. It is better to invest via SIP mode and allocate money across various categories of funds. If your risk taking ability is high, you may allocate high % to mid/small cap , but not more than 50% of total portfolio.

  24. Hello sir,
    I am a NRI and new to this site, I got Cash in hand of 6 lakhs, one of Axis bank employee presserising me to invest entire 6 laksh in “Axis long term equity fund growth ” for 3 years locking period, please advice me

    Regards
    Raghu venkata

    • Hi Raghu,

      That’s not a good approach. It is not advisable to invest this large amount in one go in 1 fund. Depending on the risk profile, you need to invest in multiple funds.

      Axis Long term equity fund is ELSS fund which has a lockin of 3 years. As an NRI, you may not have much taxable income in India so you donot need to invest in ELSS funds.

      Also, it is an Equity fund & for nay equity fund you should have long horizon in mind – 7 to 10 years to get good returns.

  25. Dear Sir,

    I am a NRI,and new to this site, recently started investing @ 10000 per month in below funds, past 3 months, kindly advice me my portfolio is good or not.

    BIRLA SUN LIFE 100 FUND GROWTH
    BIRLA SUNLIFE FRONTLINE EQUITY FUND GROWTH
    BIRLA SUNLFE INFRA FUND
    BIRLA SUNLIFE TERM ADVANCED FUND GROWTH
    FRAKLINE INDIA HIGH GROWTH COMPOUND FUND DIVIDENT
    ICICI PRUDENT EXPORT AND OTHER SEVICES FUND GROWTH
    L&t INFTRASTRUCTURE FUND – CUMULATIVE
    RELIANCE SMALL CAP FUND GROWTH
    SBI BLUE CHIP FUND GROWTH
    TATA ETHICAL FUND PLAN A – GROWTH

    I got 10lakhs in my hand how to invest this amount?? please advice me

    Regards
    Raghu

    • Hi Raghu, could you please let me know:

      1) What is your time horizon for Mutual fund investment
      2) What is your time horizon for lumpsum investment for 10 lakhs

      DO you have specific goals in find for these investments ?

      • Hi Vivek,

        Which one do you think is a better bet out of the two:

        ICICI Pru Focussed Bluechip Fund
        SBI Bluechip Fund

        I have compared both the funds. SBI has given better returns but ICICI is better in terms of MF house. Crisil has ranked SBI’s fund @ no. 1 while ICICI Focussed bluechip is ranked @3 by crisil.

        Wht do you suggest.
        Thanks.

        • On Comparison, SBI Bluechip has given slightly better returns.

          I think both funds are good. you can consider splitting the investment amount into 2 funds.

      • Dear Sir,

        Thanks a lot for your reply..I am looking for long term not immediate goals, looking for retirement benefits/savings and education for my childrens say after 10 + years expenses, now am 44 years NRI doing software business(small way) in Dubai and got 2 childrens aged 14 and 7 years.

        Regards
        Raghu venkata

  26. Dear Sir…Do you provide personnel financial planing advice services??

  27. Dear Mr Jain,

    I am thinking to invest in mutual funds as a lump sum investment and wondering is it a good time to enter or shall I wait for some time. I dont have any specific goals in mind for the investment.

    I have 10 Lakhs cash in bank and can invest for 5 years +. I selected the below funds for investment, Do you think it is a good list?

    UTI Equity Fund
    ICICI Prudential Dynamic Fund
    HDFC Equity Fund
    Franklin India High Growth Companies Fund
    Franklin India Smaller Companies Fund
    ICICI Prudential Value Discovery Fund
    UTI Mid Cap Fund
    Franklin Build India Fund
    ICICI Prudential Banking and Financial Services Fund

    Kind Regards,
    Pankaj Mittal

    • Hi Pankaj, it is difficult to time the market, so it is better to invest at all levels as long as your view is long term.

      These funds are performing well. However you need to allocate your investment in various categories of funds . e.g.

      70% in Equities – 20% Large cap, 10% diversified, 30% mid/small cap, 10% sector
      20% in Debt
      10% in Gold

  28. Dear sir

    Please suggest me whether ulip is good or mutual funds is better???? Pple are mis guiding .

    • Hi, ULIP are investment options which provide you investment options alongwith some insurance. However, the charges are higher and options are limited. also insurance amount is not adequate.

      The alternative good option is Investing in Mutual funds + taking a term insurance policy separately.

  29. Ulip or mutual fund which is better???

  30. Dear
    sir
    I am invest the following mutual funds through SIP

    i) Franklin India Flexi Cap Fund-Growth-1500
    2) Franklin India Prima Fund-Growth-1500
    3) HDFC Infrastructure Fund-Growth-1000
    4) ICICI Prudential Focused Bluechip Equity Direct-Growth-2000
    5) HDFC Taxsaver-Growth-2000
    6) ICICI Prudential Tax Plan Regular- Growth-3500
    7) ICICI Prudential Top 100 Plan Regular-Growth-1000
    8) ICICI Prudential Value Discovery Fund Regular-Growth-2000
    9) IDFC Premier Equity Fund Regular-Growth-2000
    10) Kotak Gold Fund-Growth-1000
    11) SBI Magnum Global Fund-Growth-1000

    please tell me my investment is correct and what is the expected return after 25 year
    Thanking you

    • If you invest 18000 for 25 years, you can accumulate a corpus of Rs 3.5 crore ( assuming 12% CAGR return)

      Large cap – 3000 per month
      7) ICICI Prudential Top 100 Plan Regular-Growth-1000 – large
      4) ICICI Prudential Focused Bluechip Equity Direct-Growth-2000 – large cap

      Diversified – 1500 per month
      i) Franklin India Flexi Cap Fund-Growth-1500 dioversified

      ELSS – 5500 per month
      5) HDFC Taxsaver-Growth-2000 ELSS
      6) ICICI Prudential Tax Plan Regular- Growth-3500 ELSS

      Mid/Small cap – 6500 per month
      2) Franklin India Prima Fund-Growth-1500 – small
      8) ICICI Prudential Value Discovery Fund Regular-Growth-2000 =- Mid cap
      9) IDFC Premier Equity Fund Regular-Growth-2000 – small / mid
      11) SBI Magnum Global Fund-Growth-1000 – small

      3) HDFC Infrastructure Fund-Growth-1000 – sector fund
      10) Kotak Gold Fund-Growth-1000 – Gold fund

      A) Your current investment are all in Equity funds except 1 gold fund. To make the portfolio balanced, you should consider adding 1-2 Debt funds as well to get exposure of Interest rates scenario.

      May be you can add Debt funds for 3000-4000 per month as additional investment, you switch from current investments.
      http://wealth18.com/best-mutual-funds-to-invest-in-2014-top-performing-mutual-funds-in-india/2/

      B) You can switch from Franklin India Prima Fund-Growth to UTI Midcap Fund

  31. Rinkesh Vankawala

    Dear Mr.Vivek

    i have following SIP continue since 2011 years with long term Horizon up to 10-12 years.
    My Goal is 1 cr. in 10-12 years horizon

    My Investment is

    1) Icicic Focused Bluechip ( G) – 5K/Month ( With Different SIP Date of month like : 7th-1k , 10th-1k,15th-2k,25th-1k)
    2) Quantum Long Term Equity ( G) – 1K/Month ( Every 10th Of month )
    3) HDFC Prudence ( G) – 2K/Month ( Every 15th-1500 & 25th-500 of month)
    4) Icici Balance Advantage (G)-1K/Month (Every 10th Of month )
    5) Reliance Equity Opportunity ( G) -2K/Month ( Every 18th-1500 & 10th-500 )
    6) Icici Discovery ( G) – 5K/Month ( With Different SIP Date of month like : 7th-1k , 10th-1k,15th-2k,25th-1k)

    Total Investment per month in SIP is 16000 SINCE 4 years with handsome returns ( Around 60% )right now. Please review & advise on it.

    Now i want to add more 5000 in SIP mutual fund with 10-15 years horizon so please let me know new funds or should i continue with my existing fund ??

    • Hi Rinkesh,

      It is good to see that you have diversified your investment across various type of funds and congrats that you have been patient to get good returns:
      Large cap – 6000
      Diversified – 2000
      Midcap – 5000
      Balanced – 3000

      For additional investment, you can consider adding

      1) 1 gold fund for long term for Rs 2000 pm – Reliance / ICICI Gold Saving fund ( as of now GOld is not giving good return but will work as hedge when other market are not doing well)
      2) 1 sector fudn for Rs 1000
      http://wealth18.com/best-performing-sector-funds-international-funds-arbitrage-funds/

      3) Rs 2000 in 1 mid/small cap – UTI Mid cap or Reliance Small cap

      If you invest Rs 21000 for 12 years, you can expect to get approx. 67 lakhs ( assuming 12% CAGR)
      If you invest Rs 21000 for 15 years, you can expect to get approx. 1 crore ( assuming 12% CAGR)

  32. Hi Vivek,

    Happy new year !!!

    need your help to choose best path to save money for long term.
    as i am 30 yr old and wants to invest for my child
    my plan is to get return of around 5 lakh after 3 yr and around 20 lakh after 15 yr and again 20 lakh after 24 year… please advise..

    • Hi Amit, for your long term investment, you can consider investing via Equity Mutual funds in SIP mode (Growth Option)

      1) How much amount you can invest monthly to achieve your goals.

      1) Whether the amount of 20lakh is based on current vaiue or future value after inflation. For e.g. If the cost of education for MBA today is 10 lakh, then after 15 years, it may be around 24 lakhs (assuming 6% inflation every year)

      2) Based on your goal, you need to allocate funds into various type of funds

      3) For your short term goal of Rs 5 lakh in 3 years, you can choose Fixed Income products like – Fixed Deposit, RD, Debt funds, Balanced funds etc

      • Thanks for your quick assistance…
        i can invest 10k every month … please assist me for the secure way if its possible

        • for short term goal which would be best and secure …

        • 1) If you invest Rs 4000 per month for 15 years, you can accumulate a corpus of Rs 20 lakhs (assuming 12% CAGR return)
          2) If you invest Rs 6000 per month for 24 years, you can accumulate a corpus of Rs 1 crores (assuming 12% CAGR return)

          You can invest in few various type of mutual funds:

          Equity – 7000 – Large Cap 2000, Diversified – 1000, Midcap/Small Cap 4000
          Debt 2000
          Gold 1000

          You can select from the funds list in the post.

          • Thanks lot sir ji… is it secure and mind free that if i invest for 15 and 24 years i well get very handsome return without losing my capital… if yes plz advise how should i start investing …

          • Hi Amit,
            Equities investments are risky in nature. The returns are not secured / guaranteed. It depends on stock market and capital may be lost as well.
            However, over the long term, Equities provide best returns across all investment options. You need to be disciplined while investing.
            So, there is no guarantee, but based on historical data, Equity funds have given good returns over a long term.

            You should understand the option as well as risk & returns expectation before investing.

            Steps on how to invest via Mutual funds
            http://wealth18.com/how-to-invest-in-mutual-funds-in-india-online-offline-options/

  33. hi
    whihc should be preferd among uti midcap fund and hdfc midcap opportunities fund?

    • Hi Ravi, Both are performing similar.

      Over last 3 years, UTI midcap has performed better than HDFC midcap.
      But on basis of last 5 years returns, HDFC Midcap has given higher return.

      If yu have to choose 1 , then I think UTI midcap will have preference based on latest returns comparison.

  34. hi, could you pleas advise regarding followign allocation: let me know the sips to be stopped /added

    icici pru focussed blue chip direct g – 2000
    icici pru top 100 direct g – 1000
    hdfc top 200 direct g – 1000
    uti equity opportunities regular g – 2000
    uti equity fund direct g – 2000

    frnaklin idnia high growth companies fund g -2000
    icici pru dynamic fund g – 1000
    relaicne equity opportunities g -1000

    hdfc prudence fund diertc g -1000
    hdfc balanaced fund direct g 1000

    sbi emerging businesses diretc g -1000
    idfc premier equity regular g -2000
    uti midcap direct g – 1000
    franklin india smaller comapnies fund – g – 1500

    sbi pharma fund g1000
    icici prud banking and financial services g -1000
    icici pru tech fund direct g -1000
    bsl infra fund g -1000

    • Hi Ravi, the funds mentioned are good in their categories. But tracking the high number of funds will be difficult. Try to make 2 funds in each category. As within the same category, the portfolio of stocks normally will overlap.

  35. Hi,
    i had sip in canara robeco equity diversified since last 3 years 2000/- pm . the sip has ended last month. it has given good returns. but lookig at performance it looks like it is not that good. let me know if insted of renewing teh sip starting a new sip in frnaking india high growth companies fund is a better idea?

    else please suggest some good diversified fund to start a new sip

  36. Dear
    Sir,
    From your above discussion you mention two better ELSS Funds e.g. Axis long term equity and ICICI Pru RIGHT Fund for tax saving purpose.
    My question weather it is possible for invest through SIP in two above mention particular funds?

    Thanking you

    • Yes you can invest in all equity funds via SIP option (including above mentioned funds)

      • Dear sir
        For investment purpose i already contact Axis bank Durgapur Branch (Axis long term equity fund-doing SIP) But they told, this is one time investment, no SIP is possible.
        Please suggested me the procedure how can i invest in this fund.

  37. Dear Vivekji,

    Thanx for your article. I am a NRI, 32 yrs old. Taken 1 term Insurance from SBI Smart Sheild 3 yrs back for 50 Lakh. Yearly Premium is Rs. 9000. Is it wise to move different policy for 1 cr with an increase of premium? Pls share your view on this.

    For Long term, i have following SIP’s every month;

    1) 03rd – HDFC MID CAP OPPORUNITIES FUND (G) – RS. 4’000
    2) 04TH – ICICI PRU FOCUSED BLUE CHIP EQUITY – RS. 3,000
    3) 08TH – UTI OPPORTUNITIES FUND (G) – 3,000
    4) 18TH – RELIANCE EQUITY OPPORTUNITIES DIRECT (G) – RS. 2,500
    5) 22ND – HDFC TOP 200 (G) – 2,500

    In addition to the above would like to add 2 more SIP’s in the coming month. Please could you advise me the best ones.

    Regards.

    • Dear Sir,
      Thanx for your article. I am a NRI, 32 yrs old. Holding 1 Term Insurance from SBI (Smart Sheild) from last 3 yrs, for 50Lakh coverage. Yearly premium is Rs. 9,000/-. Is it wise to continue this or to should I shift to more coverage (1 Cr.) with almost the same premium. Please share your view on this.
      For long term goals, I have following SIP’s every month;
      1) 03rd – HDFC MID CAP OPPORTUNITIES FUND (G) – RS. 4,000
      2) 04TH – ICICI PRU FOCUSED BLUE CHIP EQUITY – RS. 3,000
      3) 08TH – UTI OPPORTUNITIES FUND (G) – RS. 3,000
      4) 18TH – RELIANCE EQUITY OPPORTUNITIES DIRECT (G) – RS. 2,500
      5) 22ND – HDFC TOP 200 (G) – RS. 2,500
      In addition to the above would like to add 2 more SIP’s (Total Rs. 5,000) in the coming month. Should i add my SIP amount in above mentioned Funds or opt for 2 more new funds? Please could you advise me.

      • 1) Re Life insurance , you can check with existing insurer that you want to increase the sum assured. it will maintain continuity

        2) Re funds, the selected funds are good and you should continue them. You can add a Gold fund and another mid/small cap fund.

    • Hi,
      Reg Life insurance
      1) you can contact SBI life and request for higher sum assured – better option if premium is reasonable else
      2) you can go with another insurer. but in this case, you need to check if the premiums are not very high depending on your age

      reg SIP
      You can consider adding
      Reliance Small Cap Fund (G)
      ICICI Pru Value Discovery Fund (G)

  38. Hi Vivek,

    I’m new to mutual funds and share market and have very less idea but want to learn.

    I have started investing in below mutual funds:
    From Nov 2014 — Axis Equity Growth — 2000 pm
    From Jan 2015 — Axis Mid Cap Fund — 2000 pm

    I didn’t decided period yet as it has not locking period and I can be continue it for 3 -5 years or more in case of good return.

    So could you please suggest how these funds looks in terms of returns and risk. Also is it my good idea to chose Axis Mid Cap Fund? as I have seen some other mid cap fund which has higher return then this one. can I withdraw it and chose another one?

    Also If I want to invest in some other mutual funds for 1 year and another for 3-5 years then what would be your suggestion according to my portfolio?

    Thanks.
    -Dipak

    • Hi Dipak,

      1. For Equity funds, you should have long term view. It may be possible that in 1 year it givbe excellent returns like in past year, and in some other years the returns are negative.

      Also, while switching MF, it is better to observe the returns over 6-12 months.

      2. Axis Midcap fund is also performing well. But I agree that there are some other funds which have given better returns.
      You may consider switching to UTI Midcap or Reliance small cap.

      But please note that if you switch before 1 years, the short term capital gain will apply . Also there may be exit load.

      3. For 1 year, you should rather invest in Liquid funds or arbitrage funds ( which are relatively less risky)

      4. For 3-5 year, you can look into Balanced funds

  39. Hi Vivek,
    Do you do wealth management? or Financial consulting?
    How to contact you?

    -Ravi

  40. Hi,

    could you suggest me 2 funds form large cap, 1 from balanced, 1 from diversified and 1 from midcap/smallcap. I wnat to do SIP of 1000/- in each of them with 5-10 years horizon.

    Thanks

    • Large cap – ICICI Pru Focused Bluechip Eqty (G) & UTI Equity Fund (G)
      mid/small cap – Reliance Small Cap Fund (G)
      Diversified – UTI MNC Fund (G)
      Balanced – HDFC Balanced Fund (G)

  41. I have invested in below funds through SIP. My time horizon is 15 – 20 years

    – Please let me know should I exit any?
    – This year I want to invest 5k more. In which fund can I increasing my holding?

    1. ICICI Prudential focused blue chip – Direct G – 3000k

    2. Quantum Long term equity – Direct G – 2000K

    3. HDFC Equity – G – 2000k

    4. IDFC Premier Equity – G – 2000k

    5. ICICI Discovery – Direct G – 2000k

    6. ICICI Tax plan – Direct G- 2000k

    • Hi Priya,
      These funds are good.

      You can add 1 more mid/small cap fund – Reliance Small cap fund or UTI midcap fund
      and 1 diversified – Reliance Equity Oppor – RP (G)

  42. Dear Vivek,
    Thanks for the good article. I have 25 years to retire from Central Govt. Service and already have a NPS wherein some 18,000 gets deposited monthly. I intend to make a further 10K investment monthly. I have few questions. (1) What could be a better allocation between debt funds, large cap, mid cap and diversified funds for growth? (2) I may need to take some money out after 5 years or so for a home. If I choose 5 or more year SIPs can I redeem in between before its maturity without penalty? (3) If I take 3 year SIPs can I continue to hold it after maturity without penalty?

    Thanks,
    John.

    • Hi John,

      First there is no penalty if you stop your SIP. You can choose the SIP term for whatever period & you can stop whenever you want. No extra charge or penalty.

      1) the good allocation will be 60 % in Equity, 20 % in Debt , 10 % in Balanced and 10% in gold
      2) if you need to withdraw after 5 years, you can invest in Balanced funds or large cap / diversified equity funds
      3) if you choose 3 year for your SIP, you can continue to hold for whatever duration you want. There is no “Maturity” period.

      SIP is just a method of investing in installments each month.

  43. Hi Vivek,
    Very good information provided here for investors like me. I plan to put some money for 2014-15 80C in ELSS;
    Are these funds good according to you; have confusion in 2 & 3rd options.
    1) Axis Long Term Equity fund (G)
    2) ICICI Pru RIGHT Fund (G) — Fund size is small
    3) Reliance Tax saver Fund (G) — little scared to put in this.

    Also suggest if I can put bulk amount this year. Next year onwards I will start early with SIP. How can we buy these funds online without going to respective offices.

    • Hi Lokesh,

      I think you can consider

      1) Axis Long Term Equity fund
      2) ICICI Pru Tax Plan ( as ICICI Pru RIGHT Fund is close ended)
      3) Reliance Tax saver Fund (G) — why are you scared ?? 🙂

      You can put bulk amount for this year, but you can consider putting money weekly so that the price is averaged. So if you want to invest Rs 50000, then invest on 10 different weeks for Rs 5000 each.

  44. Hi Sir,

    I am 20 year of age, doing CA. I want to enter into the MF industry with an investment very soon. Please suggest a fund or two wherein i can expect 15-20% return for a year or two.

    • Hi navin, there is no guarantee that you will get 15-20% return from mutual fund. You may get it if market is good.
      But you may loose it if market is not good,

      So, with MF / Equities, it is always better to keep long term in mind.
      You can start with a large cap fund / diversified fund

      ICICI Pru Focused Bluechip Eqty (G)
      Reliance Equity Oppor – RP (G)

  45. Hi, I want to invest 1L / month in Mutual Funds. Instead of investing in a single fund, I am splitting it into 10 funds, 10K / month each.

    Goal: wealth Creation
    Length: 5-10 Years

    Large Cap
    —————
    HDFC Top 200 Fund
    Axis Equity Fund

    ELSS
    —————
    Axis Long Term Equity Fund
    Reliance Tax Saver (ELSS)

    Small / Mid
    —————
    Franklin (I) Smaller Cos
    Reliance Small Cap Fund

    Diversified
    —————
    Franklin High Growth Cos
    Reliance Equity Opportunities Fund

    Debt
    —————
    HDFC High Interest – Dynamic
    Reliance Dynamic Bond Fund

    Any thoughts on the above?

  46. Hi,

    I have been investing in following funds Rs.2,000 each since Feb-2013 in SIP i.e. total investment of Rs.10,000 per month.All the funds are in growth option.

    -HDFC Top 200
    -HDFC Mid cap Opportunities
    -IDFC Premier Equity
    -Reliance Equity Opportunities
    -SBI Emerging Business

    Can I know your view whether to continue investing in above funds or any changes required.

    Thank you.

    • I think these are good funds. You should continue investing in them.
      I believe you might already be getting quite good returns.

  47. I have lumpsum amount I plan to invest in Franlin India Prime Plus fund, Axis equity fund, ICICI Prudential balanced fund. Pl suggest me more funds where I can invest Rs. 2ooooo as lumpsum amount

    • Hi Jatinder,

      Investing a lumpsum amount of Rs 2 lakhs in Equity fund may be risky strategy. As you may end up investing when market is too high. It is better to spread the investment over time.

      You can consider investing money in small chunks every week.

      Franklin India Prima Plus Fund (G) is a diversified equity fund which is performing well.
      Axis equity fund is a large cap fund – In large cap fund, you can invest in ICICI Pru Focused Bluechip Eqty
      ICICI Pru Balanced fund is best performing Balanced fund.
      You can also consider selecting a small / midcap fund – ICICI Pru Midcap fund/ Reliance Small cap fund

  48. Hello,

    I have SIPs in below funds and my time horizon is 15-20 years. Kindly let me know if I need to exit any of the funds. I want to increase my holding for 5k more in any of the funds I already have.

    Funds I hold are

    1. ICICI Pru focused bluechip – Direct G – 3k
    2. Quntum long term equity – Direct – 2k
    3. HDFC Equity – Regular G – 2k
    4. IDFC Premier equity – Regular G – 2k
    5. ICICI Pru value discovery – Direct G – 2k
    6. ICICI Pru tax plan – Direct G – 2k

    • the selected funds looks good.
      I believe that you have taken ICICI Pru tax plan to claim benefit u/s 80C as this is ELSS with 3 year lock-in.

  49. Hi,
    could you pelase let me know about mutual funds with best monthly dividend plans for lumpsum investement. also let me know how their nav works/ does it fall every month.

    thanks

    • Hi Ravi, the dividend plans in mutual funds are not guaranteed dividend. They may or may not declare dividend regularly.
      NAV is Nes asset value. e.g total market value of all investments divided by number of units. It may increase or decrease based on market conditions.

      For dividend option of MF, the NAV will decline when the dividend is paid.

  50. Hi Sir..

    Is it better to do a lumpsum and then add an SIP on top of it so as to take advantage of the bull run in the sensex that we had last year because of the new government and policies.Given sensex might hit 30k this year.

    Please let me know your comments.

    • It depends on your risk apetite. But nor normal retail investor, it is better to invest systematically via SIP.
      You never know that market may come down for a short while as it has huge jump in 2014.

  51. Hi Vivek,

    I just invested in Axis long term equity fund(ELSS) this month… want to invest another 30K lumpsum.. is a good time invest in such funds rite now market being so volatile.. and there are talks that there might be a correction happening shortly, does that mean markets falling??… please suggest

    • Hi Bindya, It is very difficult to time the market. That’s the reason you should invest systematically over period of time to average the investment price.

      The markets have run a lot in 2014, and corrected a little bit in Jan 2015. But when you are investing in ELSS/ Equties, you need to think for long term 5-7 years. and in such time frame, it is expected to give good returns.

      You can consider investing Rs 5000 every week in ELSS funds over next 2 months.

      • Hi Vivek,

        Eagerly waiting for ur reply For my earlier query.
        Also wanted to know, how good is sbi bluechip compared to franklin india opportunities. In the same way, which one to select between these three funds Can Robeco/ Birla sun life/ uti mid cap.?

        Thanks in advance

  52. Hello Sir,
    i wanted to invest 30000 per month in MF via SIPfor 10 year. I am already investing 150000 in PPF and 75000 in insurance.
    below fund i have select.
    1-ICICI focused bluechip-4000
    2.UTI equity -4000
    3.Birla sun life frontline equity-4000
    4. frankline small cap-2500
    5. Reliance small cap-2500
    6. UTI mid cap-2500
    7. HDFC mid cap-2500
    8. Frankline high growth -3000
    9.Reliance equity opp-3000
    10. ICICI balance fund-2000
    Please advise my selction of fund and money distribution is correct for 10 year.
    Is my current selection is diversified with minimum overlap?
    Some people are suggested that invest only in 3-4 fund.

    Please advise

    Rajesh

    • The funds are good. There is no hard rule for number of funds.
      However, because it will become difficult for a retail investor to track performance of so many funds. it is advisable to invest in 2 funds for each category.
      However, if you can check the performance every 6 months, you can go with this number of MF. It is better to invest in various mutual funds specially for small/midcap funds so that it will allow diversification.

  53. Hi Vivek,
    Delighted to go thru your reco and decided to seek your immediate opinion on the following:

    I hv following portfolio of MF,
    Need you advice to consolidate and have 5 – best performing funds for long term Wealth Creation required for my daughter education and marriage after 7-10 years.

    BSL Pure Value Fund : 3000
    RELIANCE PHARMA FUND – GROWTH PLAN – GROWTH OPTION: 6000
    BNP PARIBAS EQUITY FUND – GROWTH:3000
    ICICI PRUDENTIAL EXPORTS AND OTHER SERVICES FUND – REGULAR PLAN – GROWTH:5000
    UTI-TRANSPORTATION AND LOGISTIC SECTOR – GROWTH PLAN : 3000
    IDFC PREMIER EQUITY FUND – REGULAR PLAN – GROWTH:3000

    Kindly advise

    • Hi Tikun,
      As you have 2 funds in sector specific – Reliance Pharma & UTI transport, it is a risky strategy. they may work well but also risk of underperforming.

      BNP paribas equity fund & ICICI PRUDENTIAL EXPORTS AND OTHER SERVICES FUND is performing well

  54. hi sir,
    need ur help .. now im investing 5k monthly sip following funds
    hdfc top 200- 2k
    hdfc midcap – 2k
    uti equity fund g- 1k

    im ready to invest monthly 4k for long term .. please suggest me best funds

  55. 5000/- INVENST IN MUTUAL FUND SIP.

    In which plan I invest ?
    i heard about the birla sunlife manufacturing equity fund is it ok for long term plan?

    All are long term planning.

    2000/- child education ( after 18 years)
    1500/- child marriage ( after 22 years)
    1500/- retirement planning. ( after 32 years)

    I have 1lakh rupee to any emergency requirement.+ 50 lakh term plan + 3 lakh mediclamp

    Aim: –
    1) Child education after 18 years – 20lakh in hand
    2) Marriage of child after 20 years – 30lakh
    3) After 58, we have sufficient money to pass life. ( at least 1.5 crore)

    • If you invest Rs 2000 for 18 years , you can accumulate approx Rs 15 lakhs (assuming 12% CAGR)
      If you invest Rs 1500 for 22 years , you can accumulate approx Rs 25 lakhs (assuming 12% CAGR)
      If you invest Rs 1500 for 32 years , you can accumulate approx Rs 90 lakhs (assuming 12% CAGR)

      If your view is that long term, you can consider investing in
      ICICI Pru Focused Bluechip Eqty (G)
      Reliance Small Cap Fund (G)
      ICICI Pru MidCap Fund (G
      Reliance Equity Oppor – RP (G)

  56. Is it worth investing in ICICI Prudential Growth Fund – Series 8.

    • ICICI Prudential Growth Fund – Series 8 is a closed ended equity fund with objective to invest in a well diversified portfolio of equity and equity related securities.

      There are already so many diversified funds available in market which are open ended and provide liquidity.

      • Dear Vivek,

        Could you please suggest some funds. I have 20 lakhs to invest.

        • Hi, Please let me know
          1) what are the goals
          2) what is the time horizon
          3) any existing investment in mutual funds ?

          • I have FDs. I am just investing to insure against inflation.
            I chosen to retire and pursue my interests. I have a pension and income from property.
            Time horizon would be 3-10 years.

          • for short term 3-4 years, you can invest in balanced funds
            for long term 7-10 years, you can invest in diversified, large cap, mid/small cap funds.
            It is always better to invest over a period of time via SIP, so that the purchase price is averaged.

          • SIP would mean investing in FDs to mature and then shift to MF.
            I agree that would be the best to average costs.
            I am getting my finances in order and now I find I have 60lakhs to invest.
            Please suggest funds. I have same or more in stock market. I have set aside a good sum in FDs in my wife’s name. I am insured and well covered medically.
            I want to invest and forget while I pursue my other interests. I am 62. Like I told you in my earlier mail my aim it to beat inflation and maybe increase my principal.

          • As you are 62, it is better that you invest in Fixed income products .. may be FD or Balanced fund or Debt funds

            The best performing Balanced funds & Debt funds are given in post above.

  57. 5000/- INVENST IN MUTUAL FUND SIP.

    In which plan I invest ?

    All are long term planning.

    2000/- child education ( after 18 years)
    1500/- child marriage ( after 22 years)
    1500/- retirement planning. ( after 32 years)

    I have 1lakh rupee to any emergency requirement.

    Aim: –
    1) Child education after 18 years – 20lakh in hand
    2) Marriage of child after 20 years – 30lakh
    3) After 58, we have sufficient money to pass life. ( at least 2 crore)

    Regards
    Akash shah.

    • Hi Akash, for long term it is better to invest in Equity funds

      2000 – ICICI Pru Focused Bluechip Eqty (G)
      1500 – ICICI Pru MidCap Fund (G
      1500 – Reliance Equity Oppor – RP (G)

      If you invest Rs 2000 for 18 years, assuming 12% CAGR, the corpus amount will be Rs 15 lakhs
      If you invest Rs 1500 for 22 years, assuming 12% CAGR, the corpus amount will be Rs 19 lakhs
      If you invest Rs 1500 for 32 years, assuming 12% CAGR, the corpus amount will be Rs 67 lakhs

      You need to take into account the inflation. for e.g. If marriage cost 30 lakhs today, it will cost much higher after 22 years.

  58. I have decided the funds I want to invest in (previous comment). But how do I go about doing the investment? I have roughly 25L in FD. Should I keep breaking the FDs while I invest in SIP?

  59. Hi Vivek,

    Need your suggestion. I am 31 years old and willing to invest 15K per month. To start I have started a SIP for AXIS long term ELSS. But I am not concerned about tax saving but I expect a good long term wealth accumulation in 10-15 years horizon.

    Can you please suggest which funds to choose. Is it good to invest in Bank Bees and Nifty juior ETFs.

    Thanks
    Pulkit

    • Hi Pulkit,
      Bank Bees and Nifty juior ETFs are index funds & called as passive funds as they need to track as index.
      You can consider investing in Active mutual funds.

      Allocate yout 15000 as follows
      10000 – Equity ( 3000 Large cap , 5000 – Mid/smallcap , 2000 – Diversified)
      3000 – Debt
      2000 – Gold

      • Thanks Vivek.

        I have started SIP of 5000/- per month on Axis Longterm growth fund and Reliance Mid cap fund.

        Does that looks good?

        Also wanted to know which is preferred direct or regulan plan?

        Thanks so Much.

        Pulkit

        • Hi Pulkit,

          Axis Long term fund is an ELSS fund ( with 3 year lockin) & can be claimed u/s 80C.
          There is no fund named as Reliance Midcap. Do you mean Reliance Small Cap ? and it is performing well.

          Direct plan is better if you can visit the branch and manage your portfolio by your own. If not, then you can go with regular plan with the help of an agent / distributor.

          • Hi Vivek,

            Thanks so far for your expert advice.

            I have started the following SIPs-

            Axis Long term Growth – 5000 per month
            Franklin Small Companies fund – 2000 per month
            Reliance small Cap fund – 3000 per month

            I am a bit confused for gold funds, none of them are performing well.

            Can you please suggest few more mutual funds that I can accomodate in my 18K per month investment plan.

            Thanks so much
            Pulkit

          • Hi Pulkit,
            The Gold funds performance is based on gold price movements. Over past year, gold prices have not increased, hence bad returns for gold funds. Normally, when the stock market are not performing, Gold gets lot of interest. so it works as hedging tool.
            You may consider investing 5% of your portfolio in Gold.

            Regarding other funds, you can consider
            ICICI Pru Focused Bluechip Eqty (G)
            ICICI Pru MidCap Fund (G
            Reliance Equity Oppor – RP (G)
            Reliance Pharma Fund (G)

          • Hi Vivek,

            reliance small cap is not performing well since last 2 months whereas others are performing well. wanted to know should I reduce my SIP ammount?

            Thanks
            Pulkit

          • Over last 2 years, Reliance Cap has given 58% annualized return over past 2 years,which is quite good as compared to other funds.

            You can consider continuing this SIP.

  60. Hi Vivek,
    Iam first time investor in mutual funds.Iam planning to invest through SIP in open ended funds.Preferably large cap.for 5 years.your advice please.

    • 5 years is not a very long term for equity funds. You should have around 7-10 years duration.
      You can consider investing in large cap & diversified funds
      ICICI Pru Focused Bluechip Eqty (G)
      SBI Blue Chip Fund (G
      Reliance Equity Oppor – RP (G)
      UTI MNC Fund (G)

  61. I have zeroed in on Axis Equity Fund,SBI Magnum Equity Fund,Icici Focussed Equity,Franklin High Growth Companies Fund.What’s your view.Else please suggest any large cap fund.my age 36 years.long term.

    • the selected funds are performing well. you can consider these. Also see the post above for other best performing funds.

  62. hi sir,
    iam a defence personnel.iam new to mutual funds.am planning to invest Rs 5000 in small and mid cap funds and sector funds. my choices are 1. reliance small and mid cap – Rs 2000
    2. franklin india smaller companies fund – Rs 2000
    3. UTI transport and logistics fund – Rs 1000

    could u please advice which funds are good my plan is to invest for 8-10 years.

  63. Dear Vivek,
    I am working with SBI(just in case if sm plans wud be beneficial), age 27 yrs. Though I have bulk amount to invest, SIP is wat I presume wud be better as per your comments. I wanna have a term/money back/endowment plan. Pls suggest the best. Amount can be till 1 cr.
    Secondly, I wud be comfortable with 8k in SIP.
    Large cap-2k(1k each in 2funds)
    Small/Mid cap-4k(2k each in 2 funds)
    Diversified-1k
    Existing-SBI Global Magnum-1k
    Need ur valuable suggestions on these. Also, in one reply u mentioned investing at various times of month…wats that?
    Wanna know if I hv to visit any offices or can start these online?

    Thanks

    • 1) Regarding Life insurance, you can go for term insurance for 1 crore. Term insurance will be the cheapest. You can buy inline term insurance. You can consider SBI Life e-Shield Term insurance plan.

      2) When I said various times in month, in that case, the member had lumpsum amount to invest. So I suggested to invest multiple times in the month so that it can be diversified.

      3) you can visit different MF office to apply DIRECT. or you can apply throuygh agents (banks, MF agents etc)
      http://wealth18.com/how-to-invest-in-mutual-funds-in-india-online-offline-options/

      4) your allocation sounds reasonable
      Large cap-2k(1k each in 2funds)
      Small/Mid cap-4k(2k each in 2 funds)
      Diversified-1k
      You can select the funds from the list above.

  64. Hi Sir,

    Am new to SIP. Am planning to invest Rs.2000 monthly on each of the below funds for 10+ years [ 12000/month].

    * Axis Long Term Equity-G
    * DSPBR Tax Saver- G
    * ICICI Pru Tax Plan Reg-G

    * Birla SL MNC-G
    * HDFC Prudence-G
    * ICICI Pru Value Discovery Reg-G

    Also, Please suggest to have investment at beginning ( 5th , 10th) or at the end ( 20th , 25th) of the month. People say that investing at the end of month is benificial , whats your thought on this ?

    Waiting for your reply Please suggest.

    • First of all, it is not true that investing at end of month is better. The date of investment is not relevant. If you have 5 SIP running, you can choose different dates over the month for all SIP

      Regarding your MF selection, why have you selected 3 ELSS funds. Do you also want to claim deduction u/s 80C?
      All other funds are good in their categories.

  65. Thanks for this wonderful article.
    Presently, I’m investing in SBI Emerging Business Fund via SIP for the past 1.5 years. Though its performance is better than the benchmark, I feel it’s not upto the mark compared to its peers considering the recent bull run. Ideally, it being a mid-cap fund should have given better returns than this because of the bull run. I’m now thinking of switching from SBI emerging business fund to HDFC mid-cap opportunities fund and ICICI pru value discovery fund because of their consistency as well as better bull market performance. Maybe I’ll divide my current SIP amount of SBI emerging business into these 2 funds (HDFC mid cap and ICICI value discovery)
    What’s your advice on my approach?

    Thanks in advance,
    Regards.
    Anand

    • Hi Anand,

      Lately SBI Emerging is not performing as well as its other peers. rather than stopping completely, you can split your current SIP amount into other funds like
      SBI Small & Midcap Fund (G)
      Reliance Small Cap Fund (G)
      UTI Mid Cap (G)

  66. ** Kindly ignore previous comment. Missed something.

    Hi Vivek.

    I am investing 23k/monthly in SIP via below funds : –

    ICICI pru focused bluechip fund – reg- g ( 5000) , SIP DATE – 25st
    ICICI pru discovery- Dir-G (4000), SIP DATE – 25st
    DSP BR top 100 – dir-g (3000), SIP DATE – 28th
    IDFC premier equity fund -dir-g (4000),SIP DATE – 10th
    HDFC Mid Cap Opportunities Fund- Direct-G (3000),SIP DATE – 10th
    Axis Mid Cap Fund –Regular(G) (4000),SIP DATE – 17th
    HDFC top 200 dir-g (2000) ,( SIP will start in march) SIP DATE – 1st
    Birla SL manufacturing equity fund-dir-g (5000) ( SIP will start in march), SIP DATE 20th

    So total it would be 30k/monthly.
    I did invest in reliance gold saving fund but did not get good returns so dropped it.

    I have not set any goal and i don’t even know how much i will be able to save after 5/10 years but i am keeping eye on each fund’s performance. I am investing since 2013.Till now i am able to get around 18-20%/annual returns.

    Kindly review my portfolio and guide me on below points
    1. How much i will be able to save till 2020 with these funds – 30k/monthly – I may increase funds or value in between
    2. Kindly Suggest some term insurance. Right now we have from our companies (me and wife)
    3. If you want to add/remove any fund?

    • I forgot to mention, I need your opinion on two funds

      1. I started investing in Axis mid cap fund 9 months back, till now i have got 16-17% returns. There are plenty of other funds who are giving better returns. What’s your call on this one?
      2. DSP BR TOP 100 gave me 32% returns (overall) since 14 months. Whats your call on this?

      Rest funds have given me 39% to 44% since i started investing in them. Please provide your valuable opinion.

      • Sicne last year markets have done quite well, so most of the funds have given good returns.
        Please note that it would not be wise to expect same returns every year. So conservatively, over a long term, you would expect returns in the range of 12-18% CAGR.

    • Hi Vibhor,

      it is good to see that you are investing monthly and getting good returns. Regarding calculating returns, please bear in mind that when you see the returns over 1 year period, and it you see that your portfolio has increased by 20% over 1 year, actually the returns are much more – (upto double 40%) as if you invest via SIP monthly, the average holding for that portfolio is 6 months.

      In terms of your mutual fund portfolio, these are good schemes. Only exception is below:
      Birla SL manufacturing equity fund is a new fund and thematic fund. it is better to consider investing in a diversified fund – may be Reliance Equity Opportunities fund.

      If you invest Rs 30000 per month for 10 yeas, you can accumulate approx. Rs 70 lakhs (assuming 12% CAGR)
      If you invest Rs 30000 per month for 15 yeas, you can accumulate approx. Rs 1.50 crores (assuming 12% CAGR)

  67. Hi Vivek,

    I new to MF. I am looking for long term investment (8-10 years)with also Tax saving option. I hv selected some funds as follows:

    Birla Sunlife Top 100=====1000/month
    HDFC Midcap Opportunities G====1000/month
    Mirae Energing Bluechip Fund G====1000/month
    HDFC Balanced Fund G=====1000/month

    ELSS
    Axis Long Term Equity====1000/month
    Reliance Tax saver====1000/month

    Are these funds doing good??

    Thanks
    Pankaj D

    • Hi Pankaj,
      The selected ELSS funds are performing well.
      Regarding other funds, instead of Mirae emerging, you can consider Reliance Small cap fund.

  68. Hello, I am currently investing in below funds.

    Axis Long Term (ELSS) – 2500
    Reliance Tax Saver (ELSS) – 2500

    Canara Robeco Emerging Equities – Growth – 1500
    Reliance Smaller Companies – Growth – 1500

    ICICI Pru Focused Blue Chip – Growth – 2000
    Franklin Templeton Higher Growth – Growth – 2000

    ICICI Banking Sector – Growth – 1500 (Sector Fund)

    is these funds are good? or do I need to add debt fund for stabilize? both the ELSS funds are for Tax saving.

  69. sir,
    i have invested in following funds

    HDFC mid cap opportunities 1500
    reliance small cap 1000
    franklin smaller companies fund 1500
    uti transportation n logisics 1500

    how are these funds performing, and how long should i invest in these funds.
    kindly advice

    • Hi Sajeev, these are good funds.
      But as these are small/mid cap funds / thematic funds, the risk is higher. So if you are prepared to invest for long term, it should be OK.

  70. Hi Vivek,

    As you told earlier, I am planning to go with the following SIPs:
    Large Cap: HDFC Top 200 – 1k
    ICICI Pru Focussed Bluechip Direct (G)-1k

    Small/Mid Cap: Reliance Small Cap -2k
    UTI Mid Cap/HDFC Mid Cap-2k (Suggest me here pls, or any other better option)
    Diversified: UTI MNC Fund -1k

    I already have SIP in SBI Global Magnum Direct (G)-1k.

    Thanks a lot Vivek 🙂

  71. HI Vivek,

    First would like to thank you for valuable suggestions. If we go for a long term investments in Equity funds via SIP would it beneficial ? As each and every SIP will carry 3 year lock in period and would not be eligible for bulk withdrawl. Please suggest.

    Thanks,
    Shiva

    • Hi Shiva,

      3 year lock in is only for ELSS funds and not for other Equity Mutual funds.
      So you can make the bulk withdrawal.

  72. Hello Sir,
    I am 25 yr old n just stared working. I can invest upto 2000 / month in SIP . Kindly suggest me the best MF to start with for short term & long term . I am bit confused being the reason that I am very new to this. Kindly respond with few details if possible.

    Anticipating your response,

    Best Regards,
    Bikru Yadav

  73. Hi vivek,
    i am planing 5000 invest ever month to elss plan.
    1.hdfc blanced
    please tell me which is beeter.

    • HDFC balanced fund is not an ELSS Fund. It is a balanced fund.
      ELSS funds are eligible for 80C deduction but has lockin period of 3 years.

      if you want to take deduction u/s 80C, then you can consider ELSS fund.

      Balanced fund invest both in Equity & Debt and therefore is less risky than ELSS. therefore the returns only may be less in a long term.

  74. Hi Vivek,
    I am regular follower of you, i started investing in Equities based on Rakesh Jhunjhunwala page posted by you . i update my portfolio regularly based on his investments .I got around 15 % returns over 7 months.I am not sure is this the good approach or not.I want your advice to go with Equities by following RK or invest in best performing Mutual funds . I can spend daily 30 mins to analyze news and other stuff.

    Now my plan is to invest 30 Lakhs over 2 year time frame .
    My age is 31 years and can take high risk for long term 7 to 10 years .

    Waiting for you response.Once again thanks for the way you run this portal.

    • Hi Uday,

      It is good to know that you have got good returns. But following someone may be a risky strategy as you may not be able to know very quickly if he sell the shares of particular company.

      You may follow this strategy for certain % of your your investment money. Say, you can allocate 20%-25% of your money in such risky strategy.

      Also, how many shares have you invested in ?

      Over a long term, Mutual funds give you better options in terms of diversification, portfolio churning, professional expertise etc. I would suggest to invest majority of funds via Mutual funds rather than Direct equity investment.

  75. Hi Vivek,

    Which are the best-mutual-funds-to-invest-in-next month. I want to invest 1,50,000 (for tax benefit of 80C). Please suggest.

    Regards,
    Mahesh

  76. Hi, I would like to invest 2000 p.m for 3years. which and where should i invest and i need tax saving under 80c.

    please give me suggestion.

    Thanks.

  77. Hello sir, I want to invest rs 1000 in sbi magnum mid cap,rs 1000 in hdfc top 200, rs1000 in icici pru tech focussed blue chip fund, and 1000 in utimid cap. What do you think? I have another rs1000, in which should i invest this?.

  78. Dear Vivek sir,
    My age is 40 and I am working in a public sector firm with a monthly income of Rs. 30K. I have pension benefits in this job post retirement. I would like to invest Rs. 5000 splitting in 5 MFs of different category with a monthly SIP instalment of Rs. 1000 each. I plan to increase this instalment amount every year (through FLEXI-SIP option available with my trading account) according to my pay increments. My goal is wealth creation with a high risk appetite and my time horizon is 20 years. I have zeroed in 5 MFs.Please tell me what is your opinion on my selection and also suggest me some funds with high and consistent return, if my approach is wrong. Thank you.
    1) Tata-Equity Opportunities Plan B (Large cap)
    2) Canara Robeco-Emerging Equities (Small&Mid cap)
    3) Franklin Templeton-High Growth Companies (Diversified)
    4) Tata-Balanced fund (Hybrid)
    5) Franklin Templeton-Build India (Thematic-Infrastructure)

  79. Sir I want to invest 5000 per month in sip please suggested mutual funds for 10 yers

    • Hi Shirish, as your time horizon is 10-15 years, you should consider investing in Equity mutual funds.
      You can consider investing in

      ICICI Pru Focused Bluechip Eqty (G)
      Reliance Small Cap Fund (G)
      UTI Mid Cap (G)

      If you invest Rs 5000pm for 15 years, you may accumulate Rs 25 lakhs (assuming 12% CAGR)

  80. Hi,

    i have below SIP:

    HDFC top 200- Rs 2500 PM
    HDFC Equity – Rs 2500 PM
    IDFC Premier equity- Rs 2500 PM

    UTI Equity- Rs. 2200 PM
    UTI Midcap- Rs. 4400 PM

    + 2 policies
    ICICI Smart kid premium – Rs 36K per year
    HDFC pro life- Rs. 40 K per year

    Pls suggest, are they good enough to keep.

    Regards

    Prashant

    • Hi Prashant ,

      The mutual funds are ok from long term perspective.

      Regarding the policies, can you give more details regarding Name of policy, term, when bought , sum assured etc..

  81. Sanjaya kumar mohanty

    Dear Sir, I want to invest Rs. 5000 /- pm for 10-15 years, Please suggest where to invest for good returns,I am at age 36 and have term insurance Rs. 30,00,000 and Rs.5,00,000 /- separately life insured. I except the same return as life insured in investment plans also.

    Thanks

    • Hi Sanjaya, as your tme is 10-15 years, you should consider investing in Equity mutual funds.
      You can consider investing in

      ICICI Pru Focused Bluechip Eqty (G)
      Reliance Small Cap Fund (G)
      UTI Mid Cap (G)

      If you invest Rs 5000pm for 15 years, you may accumulate Rs 25 lakhs (assuming 12% CAGR)

  82. Dear Sir,

    Currently i have started SIP plan with below funds for Long term. Please review and suggest me.

    Monthly Rs.2000/- in Below Funds. ( For Tax Exemption under 80c)

    * Axis Long Term Equity-G
    * DSPBR Tax Saver- G
    * ICICI Pru Tax Plan Reg-G

    Monthly Rs.1000/- in Below Funds.

    * Birla SL Pure Value-G
    * Franklin India High Grth Companies-G
    * HDFC Mid-Cap Opportunities- G
    * HDFC Prudence-G
    * ICICI Pru Focused Bluechip Equity Reg-G
    * Birla SL Frontline Equity-G

  83. Dear Vivek Sir

    Right now am investing 4000/- pm in the following 3 MF’s since Nov 2013.
    1) SBI FMCG fund regular plan growth – 2000/- pm
    2) Birla Sunlife frontline equity fund growth – 1000/- pm
    3) Reliance equities opportunities fund growth plan growth option – 1000/- pm
    Shall I continue to hold them?

    Am planning to invest another 10000/- pm in MF.
    Kindly suggest me some 5 pr 6 good MF’s.
    Am ready to hold for 7-10 years.

    I have also invested in 3 ULIP’s for which am paying 52000/- annually since 2009.
    Kindly give your views regarding them also.

    I am 40 years old. 25 years left for retirement. House not built so far.

    Thanks and regards
    Sids

    • Hi Sids,

      1) The current funds are performing well. Just that SBI FMCG fund is FMCG sector specific fund, so bit riskier (through given good returns)

      2) Other funds you can consider are :

      ICICI Pru Focused Bluechip Eqty (G)
      Reliance Small Cap Fund (G)
      UTI Mid Cap (G)
      UTI MNC Fund (G)
      HDFC MidCap Opportunities (G)

      3) Re ULIP, please let me know more details about ULIP name, term, when you invested, Sum assured etc
      Normally ULIPs are not good choice because of limited insurance and high charges.

  84. Hi Vivek,

    I am new to MFs, and have selected the below MFs for my investments. Kindly provide your valuable inputs if my list needs any changes / additions.

    I plan to invest around 30 k every month, for around 15-20 years. Please also advise if all the MFs that have been listed have SIP options. I intend to invest equal amounts every week / bi month to average the price, and i plan to invest through my Demat account. Kindly advise.

    No MF Name amt
    1 ICICI Pru Focussed Blue Chip (G) 4,000
    2 UTI Equity Fund 2,000
    3 Axis Long Term Equity Fund 4,000
    4 Reliance Tax Saver (ELSS) 4,000
    5 Franklin (I) Smaller Cos 2,000
    6 Reliance Small Cap Fund 4,000
    7 HDFC Midcap Fund 2,000
    8 Reliance Equity Opportunities Fund 2,000
    9 Reliance Gold saving Fund 2,000
    10 SBI Pharmac fund 2,000
    11 UTI transportation and logistics 1,000
    12 HDFC Balanced Fund (G) 1,000

    Thanks and regards,
    Preethi

  85. I want to invest Rs.6000 pm in SIP. Please suggest the funds to go for.

    • Hi Ashish,

      If you want to invest via Mutual funds from a long term perspective, you can consider following funds

      ICICI Pru Focused Bluechip Eqty (G)
      Reliance Small Cap Fund (G)
      Reliance Equity Oppor – RP (G)

      You should choose “Growth” option.

      if you invest Rs 6000 per month for 10 years, you can accumulate approx. Rs 15 lakhs (assuming 12% CAGR)
      if you invest Rs 6000 per month for 15 years, you can accumulate approx. Rs 30 lakhs (assuming 12% CAGR)
      if you invest Rs 6000 per month for 20 years, you can accumulate approx. Rs 60 lakhs (assuming 12% CAGR)

  86. Hi Vivek,
    I have been following your useful contents for educating myself for mutual funds investments. I am 43, have started to invest from Feb. 2015 through monthly SIP into 8 funds of Rs. 5000/- each into Direct/Growth options. Have tried to balance my portfolio into following-

    Birla Sun Life Top 100 Fund
    ICICI Pru Focused Bluchip Fund
    Franklin (I) High Growth Cos. Fund
    UTI MNC Fund
    ICICI Pru Value Discovery Fund
    Franklin (I) Smaller Cos. Fund
    HDFC Mid-Cap Opportunities Fund
    HDFC Balanced Fund

    My investment oblective is wealth creation with a span of around 15 years. Please suggest if the fund selection is ok, or do I need to modify it.
    Many Thanks,
    Rajesh

  87. hi

    i have SIP of 1000 in sbi emerging businesses fund – direct G from last 2 years. ti does nto seem to give good returns .should i stop the sip and opt for STP in SBI small and midcap fund?

  88. Dear,
    I am a NRI and new to mutual funds. I plan to invest around 5000 pm in ElSS through SIP. Pls provide some good funds. Should I also consider non tax saving funds?

    • Hi Sab,

      If you have no tax liability in India or already used 80C deduction limit, then you can also consider other Equity mutual funds.

      Any capital gain of Equity mutual funds after 1 year holding is Tax free.

      If you have a long term view, you can consider investing in

      ICICI Pru Focused Bluechip Eqty (G)
      Reliance Small Cap Fund (G)
      UTI MNC Fund (G)

  89. Hi Vivek,

    Greeting..!!

    I am 23yrs old & new to MF. I want to start investing in Mutual Fund SIP for future prospects like child, education, gold, retirement, travel etc. I can invest 5000 pm initially. I might increase the amount in future. Kindly suggest me MF options for long term (10-20 yrs) benefits.

    Thank you.

  90. Hi,
    I want to invest Rs.5.00 Lakhs for a period of 10 Yrs, require ur suggestion to go for Fixed deposit / ELSS funds.
    If ELSS funds, what are the funds to choose for better growth. i dont want to disturb this money upto 10 yrs

    Request your suggestion

    • Hi Dinesh,

      Based on your risk appetite, you can invest in Mutual funds.
      Would you consider investing in any category of Mutual funds or just ELSS funds. ELSS funds are eligible for deduction u/s 80C under overall limit of Rs 1.5 lakhs

  91. hi,
    which is better for SIP, canara robeco equity diversified (G) or icici pru dynamic fund ( G)

    i already have
    icici pru dynamic
    rekliance equity opportunities
    franklin india high growth companies fund

    cana ra robeco equity diversified sip has stopped ..should i renew it?

    rgds
    mathew

    • canara robeco equity diversified is a diversified equity fund. The fund is not the best in its category.
      icici pru dynamic is better then canara robeco equity diversified

  92. hello vivek.

    ur articals are very informative. i have following under mid small cap SIP

    frnaklin india smaller companies fund
    uti midcap fund
    idfc premier equity fund
    sbi emerging businesses fund
    icic pru value discovery fund

    i want to add one more let me know if i shud add relaince small cap or hdfc midc ap opportunities

    also how would u rate all tehse funds as per prefernce?

    thnx in advance

    • These small/mid cap funds are performing well and you can consider continuing. The preference order will be as follows:
      reliance small cap
      UTI Midcap
      frnaklin india smaller companies fund
      icic pru value discovery fund
      sbi emerging businesses fund
      idfc premier equity fund

  93. Hi Vivek. I read your blogs. It is really wonderful and amazing. I am investing 1400 rs in below mutual fund. Will you please give your views and give suggestion on that. Should I continue with those? If I want to add which MF I can add more:

    ICICI Pru Focused Bluechip Equity Fund Reg Plan Growth – Large Cap — 2000

    SBI Blue Chip Fund-Growth — Large Cap —2000

    HDFC Tax saver Fund Dividend —- ELSS —2000

    UTI MidCap Fund—– Midcap—3000

    RELIANCE SMALL CAP FUND – GROWTH — Small Cap—3000

    Franklin India High Growth Company (G) — Diversified Equity—-2000

  94. Hi Vivek,

    Trust you are doing well. I want to invest lum sum amount (say 50L INR) in MF for period of say 1-1.5 years.

    Request you to please suggest the MF which will yield really good returns in this time frame.

    Thanks.

  95. Hi Vivek,

    I have been seeing your pages and going through some comments also. Actually, I am in the MF world although I bought some MFs 4/5 years back. These were only for tax saving as advised by friends. Now, I like to know, whether I should redeem the MFs or modify. The MFs bought in 2008 to 2011. These are
    1. SBI – Magnum Tax Gain Scheme- 1993 – Growth ( 45 K)
    2. HDFC Tax Saver – Growth ( 15 K)
    3. Fidelity Tax Advantage Fund – Growth (10 K)
    4. L & T tax saver Fund – Cumulative ( 10 K)
    5. Franklin India Tax shield -Growth (5 K)
    6. Sundaram Tax saver – Growth ( 5 K)

    From the statements of MFs, I have seen the return of SBI, Franklin, HDFC are good.
    Again, I am planning to invest in SIP only for tax saving purpose and long term investment. Please guide me .

    Thanks you.

  96. Hello Mr Vivek
    Thank you very much for providing nice article. I am 48 years old. I am investing in MF through SIP route. Details are as follows:
    1. DSP micro cap Rs 2000 PM (since Aug 2010, 21 st every month)
    2. HDFC top 200 Rs 2000 PM (Since July 2010, 15 th every month)
    3. HDFC mid cap opp Rs 1800 PM (Since july 2014, 25 th every month)
    4. ICICI discovery Rs 1500 PM (Since Oct 2010, 7th every month)
    5. ICICI top 100 Rs 1500 PM (Since July 2014, 10 th every month)
    6. L & T Emerging business fund Rs 2000 PM (Since May 2014, 10 th every month)
    7. Reliance equity opp Rs 4200 PM (Since Aug 2010, 28 th every month)
    8. Reliance small Cap Rs 2000 PM (Since Oct 2010, 18 th every month)
    9. SBI Contra Rs 2000 PM (Since july 2010, 15 th every month)
    10 Sundaram select mid cap Rs 1500 PM (Since july 2010, 15 th every month)
    11. ICICI focused blue chip Rs 2500 PM (FROM THIS MONTH i.e. FEB 2015)
    I can contine to another 8-10 years . My objective is to get 90 lakh-1 crore for my daughter’s marriage and son’s education.
    Is my goal achievable ? If not, what modification/addition I should do!!! I am waiting for your suggestion.
    Thanks in advance

    • Hi Dipak,

      As you are investing Rs 15000 p.m since 2010 and added Rs 7000 in 2014,so in total you are investing Rs 23000 pm.

      After 10 years, yoc may accumulate a corpus of Rs 90 lakhs – 1 crore (assuming 12% CAGR rturn)

  97. Dear Vivek,

    I need to invest some 65,000 in tax saving mutual fund. Can you please suggest me which funds to invest.
    And I also want to start a SIP of 5,000 . Please suggest.

    Regards,

    Aparna

  98. Dear Sir
    I am new to mutual funds. I plan to invest approx. Rs 50,000 in ELSS to save tax and at the same time, get good returns on my investments. Can you please suggest me which fund or funds I should opt for, invest as a lump-sum or as SIP, for what duration, and how to go about this investment-through an agent or directly online?
    Regards
    Dr.Syamal Modi

    • you can consider investing in following elss funds:
      Axis Long Term Equity Fund (G)
      Reliance Tax Saver (ELSS) (G)

      it is better to invest via SIP option. If you can invest direct in DIRECT Plan, that will be better otherwise you can go via agent.

  99. Dear Si

    Just to add that the amount mentioned in my earlier post is Rs 50,000 on yearly basis. Initially I would like to invest for a period of 5 years.

    Dr.Syamal Modi

  100. Kindly advise about non-ELSS funds as well for higher returns.

    • You can consider following funds

      Franklin India Oppor. (G)
      UTI Equity Fund (G)
      Can Robeco Emerg-Equities (G)
      Reliance Small Cap Fund (G)
      UTI MNC Fund (G)

  101. Hello vivek,

    As you have mentioned in one of your comments that for short term investment, short term debt fund and liquid funds are better than equity fund.
    what would you advice me if i have to invest, 15,000-20,000 together for 1 year?
    should i go for FD instead as it would give me returns similar to short term debt fund?
    If you advised me to invest in short term funds, Please suggest some.

    Thank you.

    • if your horizon is 1 year,then you can go for Bank FD. Alternatively, you can select liquid funds.

      SBI Premier Liquid Fund – RP (G)
      Axis Liquid Fund – Reg. (G)

  102. Hi Vivek,

    I have invested in HDFC top-200(G) for last 5 years 1k/pm(since 2010).I got good result. Should I continue with this fund for next 5 years?
    And I am planning to invest more 5k/pm in different Mutual funds.

    HDFC mid-cap opp.(G)- 1k
    Sudaram SMILE fund – 1k
    Reliance small cap (G)- 1k
    ICICI Pru focused Blue chip Eq (G)- 1k
    Canara robeco Emerging -1k

    What you will suggest for above funds for 5 years investment? or should I invest in HDFC balanced fund or Birla SL top100?

    Please advice.

    Regards,
    Ankush

  103. Hello Sir,

    My name is Madhan. I’m 34 years old. I want to invest 10,000 p.m through in Mutual funds SIP mode. Kindly suggest me good performing MFs across diverse portfolio (equity, debt, ELSS & gold) to start. I’m new to MF. I have a 3 year old daughter and I’m looking for long term investment 10 years to accomplish my daugthers education and marriage.

    • Hello sir,

      I’ eagerly awaiting for your reply to plan my investment portfolio.

      Regards,
      Madhan

    • Hi Madhan,

      You can consider investing in following funds:

      Franklin India Oppor. (G)
      UTI Equity Fund (G)
      Can Robeco Emerg-Equities (G)
      Reliance Small Cap Fund (G)
      UTI MNC Fund (G)

  104. which oen is prefered among relaince small cap and canara robeco emerging equities?

  105. Hi Vivek

    We (me and wife) both are working. My age is 31 and wife is 30. We are expecting baby in may. Me and wife are getting 2-3 lakh medical cover from our companies.
    I need to know
    1.) if we should buy more health covers or not. Also,
    2.) if we both should get term insurance ? or it’s fine if i only take it. Please suggest
    3. Do we need to take any health cover for baby too?

    Regards
    Vibhor

    • Hi Vibhor,
      1) It is better to get health cover for atleast 5 Lakhs
      2) if both of you are working, then it is better that both of you get the term insurance
      3) may be you can take family floater health policy, where you can include yourself, wife baby.

  106. Hi Vivek,

    I’m 40 years old and started investing in the following funds via SIP (Rs.25000 per month). I would like to invest for 10 – 12 years. Please let me know your suggestion from long term perspective on these funds.

    Axis Long Term Equity Fund (ELSS) – Rs.5000
    ICICI Prudential Focused Bluechip Equity Fund – Regular – Rs.5000
    Franklin India High Growth Companies Fund – Rs.5000
    Franklin India Smaller Companies Fund – Rs.5000
    BNP Paribas Midcap Fund – Rs.5000

    Thanks in advance.

    Regards,
    Kiran

    • Hi Kiran, These funds are performing well and you can consider continue to invest in them . I am sure you are getting good returns on these funds.

  107. Dear Sir,

    Can you please advise shall I invest in only 1-2 top funds like Reliance Tax Saver, HDFC Tax Saver and Reliance small cap.

    Or distribute funds in other funds with small amount like above people.

    Regards,
    Rajat Sharma

    • Hi Rajat, How much money you are looking to invest on a monthly basis. You may want to split the amount into various fund categories to balance the portfolio.

  108. Vivek Sir,

    Please help me choosing one best fund for SIP of Rs.2000 per month from below list for 10 – 15 year timeline.

    * ICICI Pru Exports and Other Services Reg-G
    * ICICI Prudential Value Discovery Fund -G
    * ICICI Pru Top 100 Reg-G
    * ICICI Pru Top 200 Reg-G

  109. HI Vivek

    I am currently investing in the following MF’s with an objective to accumulate 15 Lakhs in next 8-9 years
    Kindly let me know if the below allocation will help me achieve my goal b) is the selection of MF right? c) Is the Amount invested right? d) incase you feel that I need to increase the investment amt then the name of MFs in which i should invest.

    Fund Name Investment SIP Date
    DSP BR TOP 100 EQUITY FUND GROWTH 2500 14
    HDFC TOP 200 FUND GROWTH 1500 05
    HDFC TAX SAVER PLAN GROWTH 3500 05

    Thanks
    Venkatesh

    • Hi Venkatesh,

      For a corpus of Rs 15 lakhs in 9 years, you should invest approx Rs 8000 per month (assuming 12% CAGR).

      You can consider investing in one mid/small cap fund from the list above.

  110. Hi Vivek,
    Found your analysis and recos fundamentally and technically quite sound for common investors like us.
    I hv following portfolio of MF.
    Would u mind to reorganise the same
    I am 48 year old and have a home loan for 40 L , 15 year Daughter aspiring for studies abroad.
    Pls. advise me craeting a high return portfolio as I wish to take risk for next 8-10yrs

    UTI transport and Logistics Fund -G : 3k
    RIL Pharma G -10 K
    IDFC premier Equity – Plan A : 3K
    Icici Export & other Services – G : 3k
    BNP equity – G : 3 K
    BSL Pure Value Fund-G : 3 k

    Rgds

    Loknath

    • Hi Loknath,

      You are investing Rs 13000 is Sector funds, It is very high risk strategy. Though it may have given good returns. Normally you should not allocate more than 15-20% in Sector funds.

      You should allocate the funds in Large cap, mid/small cap & diversified fund. See the best performing funds in the post above.

  111. Hi Vivek,

    Good Afternoon

    I am planning to invest 10000 per month through SIP route in below mentioned portfolios.Please advise me whether the below bifurcation is suitable for my profile on a long term prospective.My age is 26,unmarried and as of now i do not have any liability.

    Type Fund Name SIP Amount
    Large CAP SBI Blue Chip Fund(G) 3000
    Small and Mid CAP Franklin India Smaller Comapnies(G) 2000
    ELSS Axis Long Term Equity Fund(G) 3000
    Diversified Franklin High Growth Cos(G) 2000

    Thanks in Advance!!!

  112. Dear Vivek Sir ,

    I am just turn 30yr , I want to Invest in MF , i am very new at this , plz suggest some mutual find name for one time investment Rs. 1lac and also some SIP plan for 5yrs term of Rs.5000 per month.
    Thank you.

    • Hi Sumit,

      Please let me know whether you can remain invested for long term say 7-10 years or you want to withdraw money much earlier.

      Depending on time frame, the options will be selected – Equity / Debt etc.

  113. Hi,

    I am planning to invest 10000 per month through SIP route in below mentioned portfolios.Please advise me whether the below bifurcation is suitable for my profile on a long term prospective.My age is 26,unmarried and as of now i do not have any liability.

    Type Fund Name SIP Amount
    Large CAP SBI Blue Chip Fund(G) 3000
    Small and Mid CAP Franklin India Smaller Comapnies(G) 2000
    ELSS Axis Long Term Equity Fund(G) 3000
    Diversified Franklin High Growth Cos(G) 2000

    • The selection of funds looks OK. If you invest on a monthly basis for long term, you should be able to get good returns. It is always advisable to review the funds performance on annual basis.

  114. good article by you and very helpful for investors like me. Pl guide me on my investment portofolio too.
    I want to invest from start now as my goals are Retirement plan , Child investment plan , and SIP.
    I can invest monthly 10-20k either in MF of SIP or any policy which you can suggest.,My requirement are i am looking for lumpsum amount of 2cr-5cr in 20 years time.I dont know where to invest or put my funds in. Should i do SIP monthly to achieve such goal which can take care of my all need in one Plan? Pl suggest me plan and amount to be invested for the same. thanks and best regards

    • For creating long term wealth, you can create a portfolio of various Mutual funds (using SIP).
      You should also take a separate Life insurance (Term Plan) and medical insurance of yourself and family,

      If you invest Rs 20000 pm for 20 years, you may accumulate a corpus of approx 2 crore (assuming 12% CAGR)
      For 5 crore corpus, you need to invest Rs 50000 per month.

      So you need to make your goal more realistic and then select funds to invest.

  115. Hi Vivek,

    Thanks for the very useful informations re MF investments.
    I read in another website that it is not advisable to invest in NFOs.
    Is that correct?
    I had done an on line investment on DSP BR Dual Advantage Fund regular plan growth.
    Would appreciate your valuable inputs,

    Regds
    Shobha

    • Investment in MF NFO is not any beneficial unless its investment objective is very different than other MF schemes already available. This is because there is no past performance history to analyse.
      Just because a MF NAV is Rs 10 doesnot make it better.

      I think you invested in Series 36 of DSP BlackRock Dual Advantage Fund. this fund is closed ended Hybrid debt oriented fund. Being closed ended fund, the liquidity is low.

  116. hi ,
    what is the best mutual fund for lump sum investment of Rs. 2 lac.
    hold for 5 to 10years.

    • If it is for 5-10 years, then Equity funds should be considered. You can split into few funds of various categories.

      You can consider

      UTI Opportunities Fund (G)
      Reliance Small Cap Fund (G)
      UTI Mid Cap (G)
      ICICI Pru Value Discovery Fund (G)
      Reliance Equity Oppor – RP (G)

  117. Hi Vivek,

    You are great help to newcomers like me. I want to invest around 2000 pm for 25 years. Please suggest two SIPs that you feel are best for long term investment.

    Thank you.
    Chandrajeet

  118. Dear Sir, I’m new to Mutual Funds and 45 years of age. I plan to retire by the end of this year and wish to park my funds in mutual funds to take care of inflation so that can maintain the standard of living. I intend to go SIP route with a monthly investment of 10k for next 5years. Please suggest a suitable portfolio. Thanks !

    • Hi Gaurav,

      As you mentioned that you will be retiring this year. Will there be any source of income for future years?
      Do you have lumpsum amount which you have invested ?

      You can consider investing in Balanced fund and a small portion in diversified equity fund.

  119. Hi Vivek,

    I’m Krishna, Age 29, Married and expecting a kid in 3 months.I am new to invest mutual funds.

    My Wife and I are both working and we get a combined salary of Rs 1 lakh per month. I am planning to invest 10K per month.

    I would like you to suggest me a Best mutual fund portfolio to invest in.

    Thanks and have a nice day !

    • Hi Vivek,

      Could you please reply my question asap.
      please seggregate the portfolio like where to invest per month

      Thanks

    • You can consider investing as follows:

      Large cap
      UTI Equity Fund (G)
      SBI Blue Chip Fund (G)

      Mid/small cap
      Can Robeco Emerg-Equities (G)
      SBI Small & Midcap Fund (G)

      Diversified
      UTI MNC Fund (G)
      Franklin High Growth Cos (G)

      Balanced
      HDFC Balanced Fund (G

      Gold
      Reliance Gold Savings Fund (G)

      You should invest in “Growth” Option via SIP method. Preferably in DIRECT Plans.

  120. Dear Vivek,
    My current MF (SIP) Portpolio is given as under:

    1.Birla Sunlife Frontline Equity Fund-Growth-Rs.1000 for 15 yrs from July 2013
    2.UTI Opportunities Fund-Growth-Rs.2000 for 3 years from Oct 2013
    3.Franklin Templeton Prima Plus Fund-Growth-Rs.1000 for 3 years from Aug 2013
    4.HDFC Midcap Opportunities Fund-Growth-Rs.2000 for 3 years from July 2013
    5.Reliance Pharma Fund-Growth-Rs.1000 for 3 years from July 2013
    6.Reliance Equity Opportunities Fund-Growth-Rs.Rs.1000 for 3 years from Sept 2013
    7.IDFC Premier Equity Fund-Growth-Rs.2000 for 5 years from Sept 2013
    8.SBI Emerging Business Fund-Regular Plan-Growth-Rs.1000 for 3 years from July 2013

    Kindly suggest me whether I should continue to invest in the same MF’s till 2016. Further I request you to suggest which ones should I have to hold and which ones should I have to withdraw. I am prepared to take risk.

    Ravi

    • Hi Mr Ravi,

      These funds are performing well. It will be good if you continue your SIP and invest for long term.

  121. Hi Vivek,
    I am 24 years old and want to invest in SIP. My salary is around 30k out of which I want to invest 5k in SIPs for like 5 to 10 years. I have no knowledge or experience in mutual funds and all. But have searched online and decided to invest in all of these funds.
    1.) ICICI Pru Focused Bluechip Fund(G) or SBI BLue Chip Fund (G) – Rs.1000
    2.) Franklin India Prima Plus(G) or Franklin High Growth Cos (G) – Rs.1000
    3.) UTI Mid Cap Fund (G) – Rs.1000
    4.) HDFC Balanced Fund (G) – Rs.1000
    5.) ICICI Pru Balanced Fund (G) – Rs.1000

    Please tell me if it is good or should I add or delete something from it. Also suggest one each from the first two funds.

    • Hi Ishi,

      You can consider the following funds:
      1. UTI Equity fund as it is better large cap that the two mentioned by you.
      2) Franklin (I) Smaller Cos (G) as it is better than other 2 mentioned.

      Other funds are performing well as well.

  122. Hi Vivek I am a Central govt employee and I am investing 1000/-pm in SBI Emerging business fund through sip(as i am new to mkt).I want to invest another 6000/- via sip upto 15yrs for my child education.Pls suggest me the best funds.Thank You.

    • Hi Pradeep,

      You can consider following funds:

      UTI Equity Fund (G)
      SBI Small & Midcap Fund (G)
      UTI MNC Fund (G)

  123. Hi,
    I am investing in below mutual fund for 10 year for my son education. Can you please suggest if it is good choice?
    Also I would like your suggestion for money distribution in different fund.

    1. Large cap- total 12000 INR

    a- ICICI focused blue chip —6000
    b -UTI equity -6000

    2. Mid cap -total 14000 INR

    a. Franklin small companies-5000
    b. UTI Midcap- 3000
    c. HDFC -Mid cap -3000
    d. Reliance small cap-3000

    3. Multicap- total 9000 INR

    a. Franklin high growth-5000
    b. Reliance equity opportunities -4000

    4. Balance Fund -Total 9000 INR

    a. ICICI balance fund-5000
    b. HDFC balance fund-4000

    Please suggest.

    Regards
    Rajkumar

    • Dear Sir, The funds selected are performing well. You can continue investing in these funds.
      May be you can consider added any sector fund or Gold fund to your portfolio.

  124. Hi vivek,
    I had started 10000pm in reliance tax saving fund growth plan an now I want to invest 20000 pm which scheme I should go

  125. Hi Vivek,

    1st of all many thanks for replying and suggesting to my previous query.

    I have one more query. I am investing in mutual fund (Say Franklin, Reliance, ICICI etc.) through HDFC mutual fund (netbanking) via SIP. Is it good to invest through HDFC in different funds? They are charging few amount yearly.What will be your opinion? Could you please let us know and share your knowledge. Thanks in advance!!!

    • I think you are using HDFC Bank Investment Services Account (ISA) to invest in Mutual funds. They are just agent/ distributors of Mutual funds from various companies.

      I think they charge rs 150+ST per quarter. However, they give flexibility to invest redeem etc through the same account.

      Alternatively, you can invest direct with these mutual funds office or through offline agents, who will not levy this charge of Rs 600/year. But you need to consider the flexibility benefits.

  126. Hi Vivek, im 37yrs old with 3kids aged 7,4 n 1. I want to invest 10k pm in mfs as sip, time duration for 3-5yrs. I dnt hav any insurance so looking only to invest in mfs. Plz advise … Thank you. Also advise which online portal can i use to invest in as there are no good agents i know near my place.
    Thank u,
    Sonam

    • Hi Sonam,

      I would like to understand that what you mean by ” you want to invest in MF because you don’t have Insurance”. As Mutual fund are not alternative to Insurance.

      I think you should consider taking a Term Insurance for appropriate amount. You can get term insurance for Rs 50 lakh for an ANNUAL premium of 6000-7000.

      Regarding you investment in MF, why are you looking for 3-5 years. Do you have any goals after that time. I am asking because normally you should hold equity funds for 7-10 years for wealth creation.

      waiting for your reply.

  127. If I invest 3000/month in elss(AXIS LONG term equity fund) continuously for the span of 10 Years? Could you say me approximately how much returns would i Get at the end Of 10th year and at the end of 15 th year? So that I would be useful for my financial planning?

    • Hi Sajith,

      If you invest Rs 3000 for 10 years, you may accumulate approx Rs 8.3 Lakhs (assuming 15% CAGR return)

      If you invest Rs 3000 for 15 years, you may accumulate approx Rs 20 Lakhs (assuming 15% CAGR return)

  128. Hi Vivek

    Sir I like to invest 3 laks(one time) in MF for above 5 years. Which fund is the best. thanks

  129. Hello Vivek
    I am an NRI with 37 Years of Age having twins (boy and a girl) 5 years old.
    I’m plannig to invest Sukanya Samriddhi Yojana for my girl child. Is this a right choice?
    I’m thinking of buying a term insurance for myself. Would it be recommended? How much should be sum assured there?
    My father and mother are 67 anb 62 respectively.Any good medical insurance product you could suggest?
    They are currently covered under my employer.But I would like to go for employer agnostic model.

    • Hi Vaibahv,

      There are better choice than Sukanya Samriddhi account as the withdrawal is not very flexible. Also for the long term, it makes sense to invest in Equities rather than Fixed income product.

      Re the term insurance, you should go for least of Rs 1 crore or 5-7 times your salary.

      Re medical insurance for your parents, I will come back with the good policies for senior citizen. However, note that taking policy at this age will be expensive. Do they have any pre-existing illness.

  130. kashmira priyanka

    hi vivek. i classify under the moderately aggressive investor and i have a monthly surplus of 10000 available . my time horizon is for the next ten years . i would be very much grateful if could suggest what MF schemes through SIP mode would suit me being on the moderately aggressive side.

  131. kashmira priyanka

    hi again vivek ! i just want to know whether a balanced fund or a growth fund (equity) would be suited for a moderately aggressive investor with 10000 surplus every month (SIP) for the TIME HORIZON of 10 years. please do reply 🙂

    • Hi Kashira,

      As your time frame is 10 years or more, you can consider investing in Equity funds. Some the best performing funds are:
      You can invest in
      ICICI Pru Focused Bluechip Eqty (G)
      UTI Equity Fund (G)
      Reliance Small Cap Fund (G)
      Can Robeco Emerg-Equities (G)
      Reliance Equity Oppor – RP (G)

  132. Sir,

    I want to invest 50000/- one time for 10-15 Year. Pls. suggest me the name of fund.

    • You can invest in
      ICICI Pru Focused Bluechip Eqty (G)
      UTI Equity Fund (G)
      Reliance Small Cap Fund (G)
      Can Robeco Emerg-Equities (G)
      Reliance Equity Oppor – RP (G)

      It is better to invest the amount over period of time to average the price.

      • Dear sir,
        i am new for invest in mutal funds. I have enough LIC policies for saving tax in 10% slab. I want to invet each 1000 for 3 different mutal fund per month for mininum 5 year so kindly suggest same with low risk.

        regards
        prashant

        • Hi Prashant, Foe less risk, you can consider investing in Balanced funds / Large cap funds or diversifed funds:

          HDFC Balanced fund
          Franklin India Oppor. (G)
          UTI MNC Fund (G)

      • Hi sir, am karthik holding an NRE account ,planning to invest in mf my budget is 30,000 per month, want to invest in both long term (7years) and short term.can u pls suggest me hw i can go for it ( splitting 30,000) and also pls suggest sum long term mf to invest.i am also having plan of investing 50,000 on stocks an year.guide me

        • Hi Karthik,

          You can consider investing in following Mutual funds

          UTI Equity Fund (G)
          ICICI Pru Focused Bluechip Eqty (G)

          Birla Sun Life MNC Fund (G)
          SBI Small & Midcap Fund (G)
          Can Robeco Emerg-Equities (G)

          UTI MNC Fund (G)
          Reliance Equity Oppor – RP (G)

          Reliance Pharma Fund (G)

      • Hi Vivek,
        I am new to MF world. Am looking at investing in MF for long term (7-10 years) good returns through regular option (instead of direct as do not want too many hassles). I do not require tax exemption under 80CC. Is the following a good spread?( SIP over next few weeks)?
        Large Cap:
        1. ICICI Pru Focused Blue chip Equity (G) – 1.5k
        Mid-small cap:
        2. Reliance Small cap fund (G) – 2k
        3. UTI Mid-cap (G) – 2k
        Diversified:
        4. Reliance Equity Oppor -RP (G) – 1k
        Sector:
        5. HDFC Infrastructure fund growth 1k
        Debt:
        6. Reliance Dynamic bond (G) – 1.5k
        Balanced:
        7. HDFC Balanced Fund – 1k
        Gold :
        8. SBI Gold exchange Traded fund 1k

  133. I Have invest 100000/- in sbi dynamic assest allocation as my friend told me. Is it right decision or not. how long i hold it. I am new investor. pls. suggest me

    • Hi Apurva,

      SBI Dynamic Asset Allocation Fund is Hybrid oriented fund of funds. I am not big fan of fund of funds as there are other better funds.

      You can switch to either large cap fund or balanced funds.

  134. Hi,

    I am 30yr old already invested in SIP as below

    Myself
    UTI dividend yield plan = Rs.1000/- (from last 5 yrs)
    UTI Mid cap Fund = Rs. 1000/- (from last 5 yrs)

    on Wife name
    HDFC equity fund = Rs. 1000/- (last 4 yr)
    ICICI Pru – Value discovery reg = Rs. 1000/- (last 4 yr)

    Recently I am blessed with baby girl, I want to invest Rs. 2-3K per month on her name for long term (to be covered in 80C). My consultant suggesting me ICICI tax saver or DSP tax saver. Kindly suggest best policy.

    Apart from this I have
    LIC ltd wild life plan of premium of Rs. 23556/- (taken in 2012)
    Mediclaim – ICICI Prulife health saver plan for risk cover of Rs. 5lacs for Myself, wife and Baby.

    Also please tell what my portfolio should include and suggest the best one.

    • Regarding Tax saving funds, you can consider
      Axis Long term Equity (G)
      Reliace Tax Saver(G)

      Regarding your existing funds, you can consider stopping UTI dividend yield planb and switch to Franklin India Oppor. (G).

      Also which LIC plan do you have ?

  135. Dear Vivek,

    Thank you for enlightening us on the investments. I am going to be 50 now and i want to invest thru SIP about 50K for next ten year horizon. Can you plz advise me where to invest?

  136. Hello Vivek
    I am an NRI with 37 Years of Age having twins (boy and a girl) 5 years old.

    I’m plannig to invest Sukanya Samriddhi Yojana for my girl child. Is this a right choice?
    I’m thinking of buying a term insurance for myself. Would it be recommended? How much should be sum assured there?
    My father and mother are 67 anb 62 respectively.Any good medical insurance product you could suggest?
    They are currently covered under my employer.But I would like to go for employer agnostic model.

    Vaibhav

  137. Harshal Kulkarni

    My age is 22. I want to invest my money about 10k per month. My aim is wealth creation in 6-7 years. Plz guide me…

    My current portfolio is –
    SBI Magnum GLOBAL GROWTH – 1K
    SBI Magnum BALANCED Growth – 1K
    Franklin India Smaller Companies Fund GROWTH – 1k
    ICICI PRUDENTIAL VALUE DISCOVERY FUND – REGULAR PLAN – GROWTH – 1k

    • Hi Harshal, These funds are perfomring OK.

      If you are investing Rs 4000 per month for 7 years, you may accumulate Rs 5.3 lakhs (assuming 12% CAGR)

  138. Dear Sir,

    Hi I am 32 years old male , married and have a kid of 6 years old. I am planning to invest 20K per month in mutual funds
    for buying house , child education and retirement. I can take a medium risk in my investments. Please suggest if investing
    in below MFs will be helpful ?

    My Financial Goals :

    ++ Downpayment for Buying 70L worth of house in 5 years : (20% of 70L = 14L )
    ++ Child higher education in another 12 years
    ++ My monthly expense would be around 40K today – so need to get pension of amount eauivalent to this
    after 50 Years (assuming retirement @ 50 ) .

    I am planning to do investments as below : if there is any need to change the investmentment in other MFs/
    need to increase the investment amount please suggest – so that i can meet my financial goals 🙂

    Large CAP ( 30% of my investment : 6000 RS )
    —————————————–

    UTI equity fund : 1500
    Birla Sun Life Top 100 : 1500
    ICICI Pru Focussed Bluechip Eqty : 1500
    HDFC Top 200 Fund : 1500

    Mid/Small CAP ( 30% of my investment : 6000 RS )
    ——————————————–

    Franklin Smaller Cos : 1500
    Reliance Smaller Cos : 1500
    HDFC mid cap oppur : 1500
    UTI Mid cap : 1500

    Balanced MF (30 % of my investment : 6000 Rs )
    ——————————————

    HDFC Balanced Fund : 2000
    ICICI Pru Balanced Fund : 2000
    Tata Balanced Fund : 2000

    Equity MF – Diversified : (10% of my investment : 2000 Rs)
    —————————————————

    Reliance equity oppur : 1000
    Franklin High Growth comp : 1000

    Thanks,
    Senthil.

    • Hi Senthil,

      The funds selected are well allocated and performing well.

      You should increase the amount of SIP as when when your disposable income increases.

      If you invest Rs 20000 for 5 years, ypou may accumulate Rs 16 lakhs (assuming 12% CAGR), which you can use for downpayment

  139. Hi,

    I want to invest rs 10,000 / month in SIP in mutual funds for 5 years ,I am bit conservative type,so could you suggest me the top funds in each category with including 3000 rs for ELSS fund ,Could you suggest the top funds which will do well in future and also could you split the waitage among them?

    • You can consider following funds

      ELSS – Axis Long term equity, Reliance Tax Saver
      Large cap – Franklin India Oppor. (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

  140. Hi Vivek,
    I want to invest in MF through SIP. Can you suggest me MFs to invest except ELSSs.
    SIP – 1k for 3 Years.
    Tell me 2 plans. I want to invest in two MFs.

    • Hi Kishor, As your time horizon is 3 years, you should consider large cap fund or balanced fund.

      HDFC Balanced fund
      SBI Blue Chip Fund (G)

  141. Hi Vivek

    Can you opine on the MFs where I am invested in:

    Birla Sun Life Long Term Advantage Fund (G)
    Canara Robeco Large Cap+ Fund (G) 
    Franklin India Smaller Companies Fund (G) 
    ICICI Prudential Balanced Fund (G) 
    SBI Blue Chip Fund (G)
    Tata Balanced Fund (G)
    UTI MNC Fund (G)

    The above MFs I invest as SIP of 2500/- , also I put about 10000/- in Equity and Rs 10000/- in Gold (physical).

    My age is 48.

    • These funds are performing well and you can invest in them for long term. If your view is long term, you can increase your SIP in Small/Mid Cap fund.

  142. Hi,

    I am investing in the below mentioned funds for long term perspective since last 5 years

    DSP Blackrock india TOP-100 Equity Fund- Regular Plan – Growth -1000
    HDFC Equity fund -Growth Option – Open – 2000
    HDFC Top 200 Fund – Growth Option -2000
    Reliance Growth fund – Growth plan – Growth option 1000

    I am planning to invest in the below funds for 10 years. Please suggest if these are good funds and are diversified enough

    ICICI Pru-Focussed Blue chip fund – 2500
    Franklin india smaller companies fund – Growth – 2000
    UTI Equity Fund – Growth – 2500
    SBI BlueChip fund – Growth – 2500
    HDFC Mid-cap Opportunity fund – 1000
    HDFC Balanced Fund – Growth – 2500
    Birla sunlife Frontline equity fund -Growth – Open – 2500
    LnT Equity Fund – Growth- 2500
    IDFC Premier Equity fund – Growth – 2000

    Please suggest if these are good funds Or i need to rebalance the same. Please suggest if i need to change the allocation of funds.

    Regards
    JRS

    • Hi Vivek, Request your advice at the earliest. thanks

    • Hi, The funds where you are currently investing are Ok, but not performing like its peers. May be you can stop these funds and invest in these:
      Franklin India Oppor. (G)
      SBI Blue Chip Fund (G)
      UTI Equity Fund (G)
      Birla SL Frontline Equity (G

      For additional investments, you can consider the following:

      SBI Small & Midcap Fund (G)
      Birla Sun Life MNC Fund (G)
      DSP-BR Micro Cap Fund – RP (G)
      UTI Mid Cap (G)
      Franklin (I) Smaller Cos (G)

      UTI MNC Fund (G)
      Franklin High Growth Cos (G)

  143. Hello Sir,
    We are 40 year old and started SIP(from last month) with 50000 rupees (25000 husbands+25000 wife) per month in below mutual fund for our son(he is 10 year) education/marriage and our retirement planning. For tax saving purpose we both spending 2.5 lakh in PPF/LIC etc and we are planning to save 1 lakh for debt fund annually. I am in 30% tax bracket and my wife is in 10%. From this year I am planning to save another 50000 in NPS. So our total annual saving distribution is 6 lakh mutual fund+ 3 lakh LIC/PPF/NPS and + 1 lakh in Debt fund. As per my understanding it is 60%in equity and 40% in Debt category.
    We have cleared ( in Feb month this year)our home and car loans and have emergency fund for 6 month.
    Below we have distributed our Mutual fund.
    1. Large cap fund- 14500 INR
    a. ICICI focus blue chip-7500 – Wife
    b. UTI equity fund- 7000- Husband

    2. Small and Mid cap fund -16500 INR
    a. Franklin India small company-7500 –Wife
    b. UTI mid cap- 4500-Husband
    c. HDFC Mid cap-4500-Husband

    3. Diversified fund – 10000
    a. Franklin high growth cos.-5000 -Wife
    b. Reliance equity opps fund -5000- Husband

    4. Balance fund –
    a. ICICI balance fund -5000 -Wife
    b. HDFC balance fund -4000 -Husband

    Please can you suggest if the above fund and money allocation in different fund is right? Is spending more money in Small and Mid cap will give benefit to us in long run or shall we reduce the amount in small cap and increase in large cap?
    Please suggest best way to invest money (10 lakh per annum)to meet our goals and create wealth for retirement.
    Thanks & regards
    Arun Mishra

    • Hello Sir,
      Can you Please suggest.

      Thanks & regards
      Arun

    • Hi Arun,

      It is good to see the proper planning and allocation by memnbers. The funds selected by you are good and you can remian invested for long term.

      In long term, small/mid cap give better returns as they have high risk also. The allocation seems appropriate.

      In terms of insurance, what have you taken? Any term life insurance and medical insurance for you and family ?

  144. Hi

    I am 27yrs old, 1st time investor.
    I choose below MF for my Long Term(10 years) SIP based on Standard Deviation,Sharpe Ratio,Alpha,Beta,
    Expense Ratio,Turnover ratio and my risk capacity.

    Can you suggest if below funds are okay or need some changes.

    Tax Saving
    1) Axis Long Term Equity Fund-Direct(G)-500/-
    2) Reliance Tax Saver-Direct(G)-500/-

    Large cap Equity
    3)ICICI Prudential Focused Bluechip Equity Fund-Direct(G)-1000/-

    Mid&Small cap Equity
    4)ICICI Prudential Value Discovery Fund-Direct(G)-1000/-

  145. Harshal Kulkarni

    Hello,

    My age is 22. My aim is to create wealth in 5 years. I want to invest 10k in mutual fund in SIP.
    My current portfoilio is –

    1. Franklin India Smaller Companies-G – 1k
    2. ICICI Pru Value Discovery Direct-G – 1k
    3. SBI Bluechip-G – 1k
    4. SBI Magnum Balanced-G – 1k
    5. SBI Magnum Global-G – 1k

    How is it ??
    Please suggest me more profiting mutual funds. I want to take low to moderate risk.

    • Hi Harshal,

      The funds are performing OK. However, please note that when youa re investing in Equity funds, your time horizon should be long , say 7-10 years.

  146. Platine Fernandes

    Hi Vivek,

    Thanks for all the wonderful articles.

    I’m already investing in some mutual funds:
    The following are in SIP:
    HDFC Top 200 – 2000
    ICICI Prudential Focused Bluechip Equity Fund – 2000
    Mirae Asset India Opportunities Fund – 3000
    HDFC Balanced Fund – 2000

    The following are in lumpsum:
    Axis Long Term Equity Fund – 15000
    ICICI Pru Tax Plan – 15000
    Reliance Tax Saver – 5000
    HDFC Focused Equity – Plan A – 5000

    So Total I’m investing 9000 in SIP and would want to add more 6000 per month.
    My time frame is around 10-15 years.

    Please could you help me if I need to make any changes in the current portfolio and could you suggest me some funds to invest Rs 6000. I want to diversify my portfolio so could you suggest me some gold fund, debt fund etc…

    Thanks so much for your help.

    • Platine Fernandes

      Hi Please Help me.. I had sent a query on April 5 2015.

    • Hi, You can consider followiing funds:

      Large cap – Franklin India Oppor. (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Debt : Reliance Dynamic Bond (G), Birla SL Dynamic Bond -RP (G), Franklin India IBA (G)
      Gold – Reliance Gold Savings Fund (G), Birla Sun Life Gold Fund (G)

  147. Hi Vivek,

    Let me tell you I (Age 30) am very new to this mutual fund and just start investing from March 2015. Since I plan to start with 10k per month, I end up creating the below portfolio till now. Can you check and let me know if the below portfolio sounds good (all are SIP mode). If you think I should adjust somewhere then please do suggest that too.

    ICICI Pru Tax Plan (G) Rs. 2000
    Axis Long Term Equity Fund (G) Rs. 3000
    Reliance Tax Saver (ELSS) Fund (G) Rs. 2000
    Sundaram S.M.I.L.E. Reg-G Rs. 250

    Please suggest how should I allocate the other funds.
    I am planning to stay for long term.

    Regards
    Raj

    • Hi Raj,

      It is good decision to invest in MF via SIP for long term.

      First 3 funds are ELSS funds and are performing well. You can also claim 80c benefit.

      Sundaram fund is a midcap fund and also performing well.

  148. Dear Vivek :
    i am 59 years old and have 8 months to retire. Kindly let me know where I can invest my retirement money that will accrue from PF and gratuity

    • Hi Deashis,

      How much will be the retirement money for investment? Also, will you need monthly income for your living and expenses?

  149. Hello Vivek,

    Please guide me on the investment plan. My son is 1 yr old and i need to plan for his education and also for my retirement. I am 31 years old. Below are the details of planning.
    Child Education – I can invest Rs.2000 per month for 10 years
    Retirement – I can invest Rs. 1000 p m for 25 years.

    Please let me know how and where should i invest. I am a layman in understanding Mutual Funds.

    • Hi Suresh,
      It is good thing that you are thinking for long term and want to invest.

      As your time horizon is long, you should consider Equity Mutual funds. You can invest in

      Franklin India Oppor. (G)
      DSP-BR Micro Cap Fund – RP (G)
      UTI MNC Fund (G)

      • Thanks for your reply Vivek. Can you please help me as to how and with whom i can start my investment.

        • You can go directly to the MF Office in your city or Investor points. Normally these are provided in MF website.

          Alternatively, you can submit the form online on MF website and then print & post the documents alongwith KYC document.

          If not, you can invest through any distributor like your bank, MF agent.

  150. hi vivek,

    Can you please tell me which one s preferred among icici pru dynamic and icici pru exports and other services fund ? I am looking fro 5 -10 years investment

    thanks,
    arjun

    • Hi Arjun, Both are under Diversified Equity category.
      ICICI Prudential Exports and Other Services Fund (G) is performing better than icici pru dynamic fund.

  151. Hi Vivek
    I am 28 years old and married. I am new to mutual fund and want to invest in 4 below mention funds. Plz help me out to decide.
    1. UTI Equity
    2. UTI MNC/ UTI Midcap/ SBI Bluechip
    3. HDFC Mid Cap Opportunities
    4. HDFC Balanced
    Confused in second one. Plz help me to balaned the funds. Want to invest 1000 each.
    Plz reply……

    Thanks
    Anup

  152. Hi Vivek,
    I am a self employed person and my annual income is 12 lakhs. I want to invest 12-15K per month in MF through SIP for 15- 20 years. I am already investing 1.5 lakh per annum in PPF (4 lakh total investment).My age is 34 years and i can tolerate high risk funds. I have blessed with a 7 months old baby boy. My aim is to generate a corpus for my retirement and for child future.

    I have created a HUF (annual income 5 lakhs) on my name and want to avail 80C deductions. Please suggest me ELSS, tax free FD or combination of both.

    I have gone through Mutual Fund Utility and applied for CAN.It would be nice if you can bring a detailed post on the same.

    Waiting for your reply,

    Gautam

    • 1) Re ELSS, you can consider the following:

      Axis Long Term Equity Fund (G)
      Reliance Tax Saver (ELSS) (G)
      Religare Invesco Tax Plan (G)

      2) Re other long term investment, you can consider

      UTI Equity Fund (G)
      ICICI Pru Focused Bluechip Eqty (G)

      Birla Sun Life MNC Fund (G)
      SBI Small & Midcap Fund (G)
      Can Robeco Emerg-Equities (G)

      UTI MNC Fund (G)
      Reliance Equity Oppor – RP (G)

      Reliance Pharma Fund (G)

      I will update a new post on Mutual fund utility & CAN in next few days.

  153. i have invested rs20000 each in RELIANCE TAX SAVER (ELSS) FUND – GROWTH PLAN – GROWTH OPTION and Axis Long Term Equity Fund Growth. This year which will be suitable for my tax planning? can you suggest me?

  154. Hi!
    I want to invest 35 lacks with the perspective of 1 year time frame. Can U Please suggest me a portfolio with good returns.

    • Hi Ritesh, As your time frame is just 1 year, it is better to invest in Fixed income investments. You can consider Bank FD, Debt funds, Liquid Funds etc.

      You can also consider Arbitrage funds which offer similar returns as to Equities but tax efficient if sold after 1 year.

  155. Hi Vivek,

    Your articles are very good.
    I am investing in mutual funds in SIP route.
    I would be grateful to listen your suggestions. Please suggest if I need any modifications.

    Tax saving:
    Axis long term equity fund – 2000
    Reliance tax saver -2000

    Equity (Long term)
    ICICI Focused blue chip equity fund 1500
    HDFC Mid cap opportunities – 2000
    ICICI Exports & other services – 1000
    UTI transportation and logistic fund -1000

    Thank you.

    • Hi Rajesh,

      The funds selected are performing well.

      It is just that UTI transportation and logistic fund is a sector fund and carries sector specific risks. Though it is performing well at this point of time and this sector is expected to continue well.

  156. Hi Sir ,
    I want to invest Rs 1 lakh as an investment in Mutual funds.
    I am new to this field.
    My investment period would be for 1.5 to 2 years aand I do not have any tax liabilities hence I do not want the ones with locking period.
    Please suggest the best funds to invest 1 lakh for a period of 2 years.

    Regards,
    Surya

    • Hi Surya,

      For 2 years, you should not choose Equity funds as it is too short time for it.

      You should go with Debt funds – may be Dynamic Bonds funds or may be Liquid funds.

      Also you may consider Arbitrage funds.

      The best performing funds in these categories are listed above.

  157. Hi,

    I am INVESTING in the below mentioned funds for long term perspective since last 5 years

    DSP Blackrock india TOP-100 Equity Fund- Regular Plan – Growth -1000
    HDFC Equity fund -Growth Option – Open – 2000
    HDFC Top 200 Fund – Growth Option -2000
    Reliance Growth fund – Growth plan – Growth option 1000

    I am planning to INVEST in the below funds for 10 years. Please suggest if these are good funds and are diversified enough

    ICICI Pru-Focussed Blue chip fund – 2500
    Franklin india smaller companies fund – Growth – 2000
    UTI Equity Fund – Growth – 2500
    SBI BlueChip fund – Growth – 2500
    HDFC Mid-cap Opportunity fund – 1000
    HDFC Balanced Fund – Growth – 2500
    Birla sunlife Frontline equity fund -Growth – Open – 2500
    LnT Equity Fund – Growth- 2500
    IDFC Premier Equity fund – Growth – 2000

    Please suggest if these are good funds Or i need to rebalance the same. Please suggest if i need to change the allocation of funds.

    Regards
    JRS

    • Hi, These are good funds, but the number of funds are more.

      You should aim to chose 2-3 funds in each category (large, small, diversified etc)

  158. Daya Shankar Kumar

    Hi Vivek,

    It is regarding your post in below link

    http://wealth18.com/best-mutual-funds-to-invest-in-2014-top-performing-mutual-funds-in-india/

    I am 34 year old and currently investing in

    HDFC TOP 200- 2000

    SBI MAGNUM- 2000

    Earlier I was investing in Post office NSC. Now I would like to invest 10 k all together in Mutual fund. Please advice. I have below requirement:

    1. Education and marriage planning for my 3 years old daughter.

    2. Retirement Plan.

    I have Aviva life term insurance plan of 1 cr and company health insurance for family.

    My question is :

    1. Whether I should continue in HDFC TOP 200 as it is going to complete in next moth.

    2. For my daughter whether I should invest in sukanya samridhi yojna or in some mutual fund for another 15 years.

    3. Once lock in period for investment is complete then I should withdraw the amount or keep waiting for long term for growth.

    Thanks in Advance for your suggestion.

    • 1) You can consider investing in following funds:
      Large cap – Franklin India Oppor. (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      2) Instead of sukanya samridhi yojna, personally I will prefer mutual funds for long term
      3) The lockin period is only in ELSS funds. for other equity funds, there is no lock in period. You should always invest for long term for growth.

      If you invest Rs 10000 per month for 15 years, you may be able to accumualte a corpus of Rs 50-65 lakhs (assuming 12-15% CAGR)

  159. Dear Sir

    I would like to invest Rs 8,00,000 lump sum so that the CAR EMI of say Rs 7,000 PM can be met.(At the sametime Cash is in safe hands but fetching higher returns than FD). I want such returns for 12 months to 18 months.
    Also there is a plan to invest 1000 Rs every month in 6 different funds for 2-3 Years .

    Thank You

    • 1) If you want monthly income , then you should go for FD with monthly interest.

      2) Re investment of 6000 pm for 2-3 years, as the time horizon is less, you can consider Balanced funds:
      HDFC Balanced Fund (G
      ICICI Pru Balanced Fund (G)
      Reliance Equity Oppor – RP (G) – Diversified equity
      UTI Equity Fund (G) – Large cap

      If your time horizon is 7-10 years, you can select other Equity funds.

  160. Dear Mr Vivek
    Thank you very much for provide us nice articles and comments. Currently I am investing in MF (through SIP route) whose details are below:
    1. Birla SL top 100 fund (G) Direct plan (Rs 2000/ PM, Starting date: April 01, 2015)
    2. DSP blackRock micro cap regular growth (Rs 2000/PM Starting date: March 21, 2011)
    3. HDFC mid cap Opportunities Fund (G) Direct Rs 1800/ PM Starting date: July 25, 2014
    4. HDFC top 200 fund (G) Regular Rs 2000/PM Starting date: May 15, 2011
    5. ICICI prudential value Discovery fund (G) Regular Rs 1500/PM Starting date: July 07, 2011
    6. ICICI prudential focused bluechip equity (G) direct Rs 2500/PM Starting date: Feb 25, 2015
    7. ICICI prudential top 100 (G) direct Rs 1500/PM Starting date: July 10, 2014
    8. L&T emerging business fund (G) regular Rs 2000/PM Starting date June 10, 2014
    9. Reliance equity opportunities (G) regular Rs 4200/PM Starting date: Aug 28, 2010
    10. Reliance small cap (G) regular Rs 2000/PM Starting date: June 18, 2011
    11. SBI Contra Regular (G) Rs 2000/PM Starting date: Nov 15, 2011
    12. Sundaram select mid cap regular (G) Rs 1500/PM Starting date: April 14, 2011

    MY GOAL IS TO ACCUMULATE A CORPUS OF RS 1.5 C BY 2025. Will it be possible with the selection of funds and amount?
    If not, please advice me.
    Thanks in advance.
    Dipak kumar

    • Hi Dipak, the funds selected are performing good and can be considered for long term.

      If you invest Rs 25000 per month for 10 years, you may accumulate Rs 60 – 70 lakhs (assuming 12-15% CAGR)

      If you invest Rs 25000 per month for 15 years, you may accumulate Rs 1.2 crores – 1.7 crores (assuming 12-15% CAGR)

  161. Hi Vivek,

    Thanks for the great post.

    Here are my investments to be initiated from May 2015:
    ELSS SIP:
    IPRU Tax Plan Direct G- 2500
    Axis Long term Direct G- 2500
    Reliance Tax Plan Direct Growth- 2000

    MF SIP:
    IPRU FOcussed Blue Chip Direct G: 2000
    IPRU Export & Other Direct G: 2000
    Reliance Small Cap Direct Growth: 1500

    Could you please share your feedback on the portfolio and some additions that I could make for a 5 year horizon.

    Also I had invested in Religare Tax Fund in 2012 and now thats matured, it has shown absolute return of about 130 % for lupsome inestment of 20,000. What do you recommend: should I redeem it or keep it invested?

    Many Thanks….

    • Hi Vivek,

      Request your response

    • Hi Neetu,

      The funds selected are Good. You may get good returns in 5 years, but you should have a tie horizon of 7-10 years for Equities investment.

      Regarding Religare Tax fund, you can remain invested. Else you can redeem it and invest it again. By doing so, you can claim benefit u/s 80C for that investment amount.

  162. Dear Mr.Vivek,

    Thanks for your informative posts relating to investments.

    I am investing in mutual funds in SIP route.

    I am mentioning my current portfolie below – Would you please give advise if any corrections/modifications required.

    For Tax planning:

    1)Reliance Tax saving fund – 1500
    2)Axis Long term equity fund – 1500

    For long term:

    3)ICICI Pru Focused Bluechip Eqty – 1500
    4)HDFC Midcap opportunities – 2000
    5)ICICI Pru Exports & other services – 1000
    6)UTI Transportation & logistics – 1000

    Thank you once again.

    • Hi Rajesh, These fudns are performing well and can be considered for long term.

      Note thaT UTI Transportation & logistics is a sector fund with sector specific risk. Though it is a good fund.

  163. Hi Vivek,

    I have been planning to invest around 5K pm in ELSS and going by your website the top performing funds under ELSS category are
    Axis LTE- Growth
    Reliance Tax Saver
    HDFC Tax Saver
    ICICI Pru Tax Plan

    From the list above I found the NAV of HDFC and ICICI is way ahead of the other two, so will investing in funds which have high NAV have any impact on the returns they yield ?

    • Hi Ankit,

      NAV is not indicator of how good the fund is. For example, which one will you choose from below:

      SBI PSU Fund (G) NAV 9.28
      UTI MNC Fund (G) NAV 145.20
      For the last 6 months, SBI PSU fund has given -8.6% while UTI MNC has given 17% . which one will you choose?

      So higher NAV doesnot mean that the fund is bad or expensive and lower NAV doesnot mean that fund is good & cheap.

  164. Hi Vivek,

    I am investing per below considering good returns over 18-20 years –

    AXIS High Growth Fund ELSS – 7000/- per month
    Canara Robero Emerginf equities – 1500 Per month
    Reliance Small Cap – 2000 Per month
    Reliance Mid and Small Cap – 3000 Per month
    Franklin Emerging equities – 2000 per month
    Franklin High Growth Companies – 2500 Per month

    Can you please advise if I should reduce the SIP amount on any and add any other scheme in my protfolio.

    Thanks
    Pulkit

    • Hi Pulkit,

      Could you please confirm the AXIS ELSS fund name – I think it should be Axis Long term Equity (not Axis High Growth)

      Other funds are in small / mid cap space which has high risk and reward ration. As you are investing for long term, it should be fine. To diversify the portfolio, you can add some large cap / diversified funds.

      • Hi Vivek,

        Yes, Its long term equity growth, I am looking for good returns in 18-20 years horizon.

        Can you please suggest some large cap funds.

        Thanks
        Pulkit

  165. *******************
    Hi Vivek,

    I was wondering if you like to comment on my below SIPs :

    Amount – Mutual Fund
    2000 ICICI Pru Tax Plan (G)
    3000 Axis Long Term Equity Fund (G)
    500 Sundaram S.M.I.L.E. Reg-G
    500 DSP BlackRock Micro Cap Fund – Regular Plan
    1000 SBI Blue Chip Fund (G)
    1000 ICICI Pru Focussed Blue Chip Fund (G)
    1000 ICICI Prudential Exports and Other Services Fund (G)
    500 Canara Robeco Emerging Equities (G)
    500 Franklin India Smaller Companies Fund (G)
    500 SBI Pharma (G)
    500 HDFC Infrastructure Fund (G)

    • ELSS – 5000
      Large cap – 2000
      Mid/small cap – 2000
      Diversified – 1000
      Sector – 1000

      Are you investing in ELSS because you want to claim deduction u/s80C?

      Otherwise the funds selected are good for long term perspective.

  166. vinoth govindarajan

    Hi Vivek,

    I am 36 yrs old and I have never had discipline to invest as I spend most of my earnings and I have decided to save from now. I can commit per 80000/- per month. I am thinking of investing 50K in MFs and 30K in Shares. I am thinking of investing 10K in each of the following fund:
    1 UTI Equity Fund
    ICICI Prufocussed Bluechip
    Birla Sunlife MNC Fund
    SBI Small & Midcap Fund
    UTI MNC Fund

    Wanted to get your expert advice. Do you also think I should enter share market now considering the fact market is very hot now.

    Thank you,

    Vinoth

    • Hi Vinoth, These funds are good for investment.

      I think if your horizon is long , it doesnot matter much when you start investing as long as you invest on monthly basis over long term.

  167. hi,

    which one is perferrable for long term sip UTI MNC fund or icici pru exports and other services?

  168. Hi,

    I am 42 years, unmarried lady. My investments are as below:
    1. ICICI Focussed Bluechip Equity Rs.1000 per month Investing since 3 years
    2. UTI Dividend Yield Rs.1000 per month Investing since 3 years
    3. UTI Equity Fund Rs.1000 per month Investing since 4 months
    4. HDFC Prudence Rs.1500 per month Investing since 4 years
    5. HDFC Tax Saver Rs.1500 per month Investing since 4 years
    6. Canara Robeco Tax Saver Rs.1500 per month Investing since 4 years

    By the time I turn 60, I want to have 60-70 lacs for my living and medical cost for the next further 20-25 years. As I already own a house, I do not need to worry about monthly rent. Please confirm if the above investments are fine or do I need to invest more. If I need to invest more, please suggest some plans / funds.

    Many Thanks.

    • Hi,

      I am awaiting your response to my query that I posted on April 18 2015. However, it says – Your query is awaiting moderation.

      Please confirm when will I get the response.

    • Hi Nandita,

      If you invest Rs 7500 for 20 years, you can accumulate approx Rs 75 Lakhs (assuming 12% CAGR)
      You can consider adding 1-2 Small/mid cap fund like :
      Can Robeco Emerg-Equities (G)
      Reliance Small Cap Fund (G)
      SBI Small & Midcap Fund (G)

  169. Hi I want to invest 2000 PM in mutual fund for 30-35 years time horizon PLease suggest which is the best mutual fund to invest.

    rgds

    gopal

  170. Hi Vivek,

    Need your suggestion on my portfoli. I am 30 years old and having 2 kids 5 years old . Currently investing 20k per month SIPS in below funds.

    Idfc premier Equity –5000
    Franklin india Bluechip fund –7000
    DSP black rock Top 100 equity–2000
    HDFC Top 200 –3000
    HDFC Equity –3000

    Is the funds i am investing are good? Also i would liek to increase my SIPS by 10k more per month. Please suggest another fund for this.

    Thanks
    Kavi

    • Hi Kavi,

      You may consider changing the SIP for following:

      1) HFDC top 200 can be switched to UTI Equity Fund (G)
      2) HDFC Equity can be switched to Franklin High Growth Cos (G)

      For addtional funds, you can go for:
      Can Robeco Emerg-Equities (G)
      SBI Small & Midcap Fund (G)
      Reliance Small Cap Fund (G)

  171. Sir,
    Following is my MF portfolio.

    5th of every month : ICICI Prudential focused Bludchif (G) – 3,000/-
    15th of every month : Birla Sun Life Top 100 (G) : 3,000/-
    20th of every month : HDFC Balanced Fund (G) : 3,000/-

    Sir is this portfolio good? I’d like to invest 5,000 more. Please suggest good funds.
    Thank you in advance.

    • Hi Prashant,
      The Funds you are investing in are good.

      For your additional investment, You can consider investing in some mid/small cap fund
      Birla Sun Life MNC Fund (G)
      Can Robeco Emerg-Equities (G)
      Reliance Small Cap Fund (G)

  172. Hello sir,
    I am 42 year old working in Pvt. Company. I wanted to invest 40000 per month in MF via SIP .My Goal is wealth creation for my 9 year old kid’s education (Graduation-8 year), Higher education (12 year) and my retirement (16-18 year).I have no loans (cleared all loan).I have term plan of 1 cr., emergency fund for 6 month , PF balance 10 lakhs, PPF 3 lakhs, FD 1 lakhs.I am saving annually 1.5 lacks(tax purpose) using PF contribution, PPF and insurance premium and 50000 annually in Debt fund (reliance money manager fund).

    As per my analysis and research I have decide to split the amount 25% in large cap,35%in Mid cap & small cap , 25% in diversified and 15% in Balance fund.
    I have selected below 2 large cap, 3 small & Mid cap(As it is very high risk), 2 diversified and 1 balanced fund from above list and below is my planning(Total 8 Fund and I think I can track them every six month for performance)

    1.Large cap fund: 10000 INR
    a. ICICI focused bluechip- 4500 Rs- For my son Graduation and afterward wealth creation for retirement.
    b. UTI Equity – 5500 Rs- wealth creation for retirement.

    2.Mid & small cap fund-14000 INR
    a. Franklin small companies-6000 Rs- wealth creation for retirement.
    b. UTI mid cap- 5000 Rs-For my son Higher education and afterward wealth creation for retirement.
    c. HDFC Mid cap-3000 Rs- For my son Higher education and afterward wealth creation for retirement.

    3. Diversified- 10000 INR
    a.Franklin high growth-7000 Rs- For my son Higher education and afterward wealth creation for retirement.
    b.Reliance equity oppr.-3000 Rs- wealth creation for retirement.
    4. Balanced
    HDFC Balanced-6000 Rs- For my son Graduation and afterward wealth creation for retirement

    Please advise me if the above planning will help me to meet my goals.

    Also please suggest my money distribution (25% large,35% Mid ,25% diversify and 15% balance) is correct as per my goals or what will be best option .

    Thanks & regards
    Sanjay Singh

    • Hi Sanjay,

      The strategy opted by you is good and sensible. the distribution also is appropriate for long term.

      The funds selected are performign well as well.

      In Midcap space, you may replace HDFC midcap with the SBI Small/Mid cap.

  173. Hello Vivek

    Thanks for this wonderful blog. I haven’t invested in MFs till now. I am 24 now and can invest a maximum of 5k now.

    1. For long term (25 years+), targeting to get 30+ Lacs.
    2. For short term (10-15years), targeting to get 8-15 lacs.

    I am ok with any kind of plan whether in large, midcap or any other which will help me to reach above targets. Kindly suggest for some good plans along with fund allocation.
    Also let me know if I have to increase my investment amount.

    Thanks in advance
    Deep

    • 1) If you invest Rs 3000 pm for 15 years, you can accumulate approx 15 lakhs (assuming 12% CAGR)
      2) If you invest Rs 2000 pm for 25 years, you can accumulate approx 35 lakhs (assuming 12% CAGR)

      You can consider investing in following Mutual funds

      UTI Equity Fund (G)
      ICICI Pru Focused Bluechip Eqty (G)
      Birla Sun Life MNC Fund (G)
      SBI Small & Midcap Fund (G)
      Can Robeco Emerg-Equities (G)

  174. Hello Vivek…

    Sahil this side from Gurgaon…actually I am planning to invest 30000 per month in equity mutual funds…

    Can you please help me building my portfolio.

    Thanks in advance

    • Hi Sahil,

      When you invest in Equity funds, your time horizon should be long (atleast 7-10 years)

      You can consider investing in following Mutual funds

      UTI Equity Fund (G)
      ICICI Pru Focused Bluechip Eqty (G)

      Birla Sun Life MNC Fund (G)
      SBI Small & Midcap Fund (G)
      Can Robeco Emerg-Equities (G)

      UTI MNC Fund (G)
      Reliance Equity Oppor – RP (G)

      Reliance Pharma Fund (G)

      • Thanks Vivek for your response.

        Do you or anyone using this forum has any idea about ‘invest@ease’ facility provided by ICICI bank.

        I mean should I start my SIP using this feature ?

        What are the charges involved in this ?

        I know this question is somewhat out of context but due help will be highly appreciated 🙂

        Best Regards
        Sahil

        • Hi Sahil,

          Invest@ease is a service offered by ICICI Bank whereby you can invest in Mutual funds online by having an ICICI Bank Savings Account.

          There are no direct charges involved.

          However, as the ICICI bank will be distributor/ agent for your mutual funds, you cannot invest in DIRECT Plan of the funds. You will be able to invest in normal plans.

          Read below about DIRECT Plans and how you can save more
          http://wealth18.com/earn-more-from-direct-plan-of-mutual-funds/

          • Thanks a ton Vivek.

            I never knew that we can not invest DIRECT using invest@ease facility by ICICI.

            You are gem of a guy.

            Thanks again for saving my effort.

          • Thanks Sahil for finding it useful.

  175. Hi Vivek Jain
    Great Post….
    I am 28 Years old and want to invest for 20 years to own a flat.
    My funds are Direct with Growth Option for 500 each. Please have a look and guide.
    1. UTI Equity Fund
    2. HDFC Top 200 Fund
    3. SBI Blue Chip Fund
    4. UTI Mid Cap Fund
    5. HDFC Mid-Cap Opportunities Fund
    6. SBI Magnum Global Fund
    7. UTI MNC Fund
    8. TATA Ethical Fund
    9. HDFC Balanced Fund
    10. TATA Balanced Fund

    Awaiting your favorable reply…..

    • Hi Anup,

      The fund allocation looks OK. Also the funds are good from long term perspective.
      By Investing Rs 5000 pm for 20 years, you can accumulate Rs 50 lakhs (assuming 12% CAGR)

      Please note that yu should also consider the Inflation when preparing for your future goal.

      • Thanks for the advice… but there is another query: Is there is any transactions charges?? If I have SIP of 500, 500 will deduct from my bank account or more ?? And whats role are playing , names like ICICI Direct/Funds India etc ??
        Please clarify…..

        • Normally there are no transaction charges. However, some online distributors may levy chage – e.g. ICICIdirect charge you, Fundsindia do not have any charge.

          These are agents for Mutual funds.

          You can submit the MF for directly to the company and no charges will be incurred.

          Which mutual fund have you shortlisted to invest?

          • The fund house are UTI, HDFC, SBI & TATA. They are:
            1. UTI Equity Fund
            2. HDFC Top 200 Fund
            3. SBI Blue Chip Fund
            4. UTI Mid Cap Fund
            5. HDFC Mid-Cap Opportunities Fund
            6. SBI Magnum Global Fund
            7. UTI MNC Fund
            8. TATA Ethical Fund
            9. HDFC Balanced Fund
            10. TATA Balanced Fund
            All funds are Direct with Growth Option.

            I also have 50k & want to invest in MF. May be in 5 different fund. Please help me out how to invest ?? Lumsup or STP ?? And please provide fund name also…..

          • reply posted in original query.

  176. Following is my Portfolio

    Tax Saver
    1. SBI Magnum Taxgain – Direct (G) – 3000/-
    2. Axis Long Term Equity – Direct (G) – 3000/-

    others
    1. HDFC Mid-Cap Opportunities – Direct (G) – 3000/-
    2. ICICI Pru Focused Bluechip Equity – Direct (G) – 3000/-
    3. SBI Emerging Business – Direct (G) – 3000/-

    My Horizon for long term Investment for 10-15 years.

    Please suggest should i keep investing or i need to switch any one ?

  177. Hi
    I have selected 4 funds for SIP
    1. ICICI Prudential Focused Bluechip Equity Fund – Rs.1000
    2. Franklin India High Growth Companies Fund – Rs.1000
    3. Tata Balanced Fund – Rs.1000
    4. UTI Mid Cap Fund – Rs.1000
    Is this selection OK or I have to change any one ?
    My goal is for long term of 20 years.

  178. Hi Vivek,

    I am still waiting for your feedback on my earlier post. Could you please guide if I am investing properly or not or do I need to switch to other Mutual Funds. ALso, I have just started in MFs from this year March.

    Also, I have one query……. I see that most of the MFs are not doing good from last one / two weeks ( including mine ). Any idea, when the market will be better ? What is the reason for the market going down suddenly.

    Thanks in advance

    • Hi Tanin,

      As these are Equity funds, they are dependent on market conditions. You cannot expect market to go up always. It is always volatile in short term.
      The mantra is that you invest every month via SIP, so that you average your price. Any Equity investments should be made keeping long term in mind (7-10 years)

      So you cant be worried about market going down in a week or month.You need to think about long term.

  179. Hi Vivek,
    Went through your site wealth18 and very impressed with your responses
    My name is Sanjay and from Bangalore. 37 Years old and into software industry. Have a 9 year old son.
    Current investments – 1000 pm – Birla Tax Relief 96 and 1000 pm on HDFC Tax Saver.
    Yes, the investments were done keeping tax savings as the major plan.
    However, I am in a position to save around 10K per month now and would like to know if this is the right time to start SIPs (not sure if Market is already at peak).
    I would like to invest for atleast 10 years.
    Major goals – Education for kid, Kid’s Marriage, Retirement plan.
    Can you please suggest me the best MFs to invest now and split the amount for me?
    I am not sure what is the difference between Growth Plan and Direct Plan – can you please explain? Also how will i know if my current investments are Regular or Direct? I had initially paid a commission to my financial agent while investing. Not sure if he is getting brokerage commission on regular basis as well.
    Would be great if you could respond at the earliest as i intend to make all investments from this weekend.

    Regards
    Sanjay

    • Hi Vivek, Can i expect a reply for my query posted on 28 April please?

    • Hi Sanjay,

      If you are planning to invest for long term and investing monthly, then you should not be worried about market levels.

      In terms of plan, you have Growth, dividend and dividend-reinvesment. For wealth accumulation , you should chosse Growth plan.

      Now, these plans are offered as normal option as well as DIRECT option. When you go through an agent or distributor, they will fill the form for normal option. If you submit the form directly at the Mutual fund office, then you can choose DIRECT option. See the difference between normal or direct option
      http://wealth18.com/earn-more-from-direct-plan-of-mutual-funds/

      You can consider following funds:

      UTI Equity Fund (G)
      Franklin India Oppor. (G)

      Can Robeco Emerg-Equities (G)
      SBI Small & Midcap Fund (G)
      Reliance Small Cap Fund (G)

      UTI MNC Fund (G)
      Franklin High Growth Cos (G)

      If you have invested through agent, most likely it will be normal fund and they will be getting commission as long as you keep the investment. Thats the reason, DIRECT plans are launched whereby no commission is paid to agents and you need to submit the forms directly.

  180. Hi Vivek,

    I am 34 years old. Now thinking of investing Rs. 2500/ per month each in UTI Equity Fund (G) and Kotak Select Focus Fund (G). Are these good to invest for a period of 2- 3 years?

    • Hi Ravi,
      UTI Equity Fund (G) is large cap fund. Instead of that you can consider Franklin India Oppor. (G)

      Kotak Select Focus Fund (G) is diversified Equity fund. Instead of that you can consider UTI MNC Fund (G)

      Note that for $Equity funds, you should invest for long term (7-10 years). In 2-3 years markets may not be performing well and you may have negative returns.

      For 2-3 years, you should invest in Debt funds, liquid funds or balanced funds etc.

  181. Dear Vivek,

    I am new to Mutual Fund investing but after hearing stories on good tax free returns than FDs I am thinking of investing in MFs.

    Questions:
    1. What is the best channel to invest in Mutual fund? (ICICIdirect or through a broken or directly through the fund site)? What are the difference in these?
    2. I am 45 and would like to invest about Rs. 5 lakh as lump sum and Rs. 20,000 as SIP. I have 2 kids (18 male and 11 female) and 1 wife :-). I would like to invest for i) Good holiday options in the next 2-3 years ii) For my retirement iii) Daughters wedding. Can you please suggest the funds with amounts I should invest.
    3. Are all returns from MFs tax free if we keep them for more than 1 year?
    4. Any excel template available where we could record our MF investments/ returns if we don’t opt for ICICIdirect or other online providers.

    Look forward to a quick guidance/ response from you.

    Rajesh

  182. Dear Vivek,

    Looking forward to your response. I am planning to do the MF investment between today/ tomorrow and your guidance will be very valuable.

    Thanks

    Rajesh

  183. Hi sir, awaiting ur response posted query on april 4 2015 pls reply..

  184. Hi,

    I am investing in the below mentioned funds for long term perspective since last 5 years.

    DSP Blackrock india TOP-100 Equity Fund- Regular Plan – Growth -1000
    HDFC Equity fund -Growth Option – Open – 2000
    HDFC Top 200 Fund – Growth Option -2000
    Reliance Growth fund – Growth plan – Growth option 1000

    I am planning to invest in the below funds for 10 years. Please suggest if these are good funds and are diversified enough

    ICICI Pru-Focussed Blue chip fund – 2500
    Franklin india smaller companies fund – Growth – 2000
    UTI Equity Fund – Growth – 2500
    SBI BlueChip fund – Growth – 2500
    HDFC Mid-cap Opportunity fund – 1000
    HDFC Balanced Fund – Growth – 2500
    Birla sunlife Frontline equity fund -Growth – Open – 2500
    ICICI Value Discovery – 1000
    LnT Equity Fund – Growth- 2500
    IDFC Premier Equity fund – Growth – 2000

    Please suggest if these are good funds Or i need to rebalance the same. Please suggest if i need to change the allocation of funds. My son and niece are 5 years old. I am 43 years old.

    Regards
    JRS

  185. Hi Vivek,
    Thank you for throwing light on top performing mutual funds.
    I am new to Mutual Funds investment and after a research, planning to invest (SIP) in the following funds:
    1. Large Cap: Birla SL frontline equity fund – 1000/-
    2. Mid and Small Cap: DSP Blackrock Microcap Fund – 1000/- and Most focused midcap 30 fund- 1500/-
    3. Diversified: Franklin High Growth Cos. – 1000/-
    4. Balanced: HDFC Balanced fund – 1500/-
    5. Debt: Birla SL Dynamic Bond Fund – Retail plan – 500/-

    i) Are these funds good to invest in?
    ii) In large cap, Should i go for Birla SL Frontline or SBI Bluechip fund?

    Please suggest if any change is required.

    • These funds are performing well and you can consider to invest for long term. Both Birla SL Frontline or SBI Bluechip fund are good funds.

  186. Sir, I starts investing in mutual funds through SIP. The funds are
    1. uti midcap rs1000
    2.sbi magnum midcap rs1000
    3. Icici pru focussed bluechip rs1000
    4. Hdfc balanced fund rs1000
    5. Franklin build india fund rs1000
    What do you think about these fund.? Can I continue with these fund for lon term future? Plz tell me about their expected response in long run future..

    • Now i think to replace franklin build india with uti opportunities fund,will that be a good step?

      • UTI Opportunities fund is a Large cap fund while Franklin build india fund is Thematic Infrastructure fund.

        Infra fund is much risker than UTI Opportunities fund. Sector funds should not be your primary investment and you should invest only a small portion in such funds.

    • These funds are performing well. Over a long term period, you can expect a CAGR return of 20%

  187. Hi Vivek,

    I am planning to Invest Rs 15000/ -, via SIP.

    If you could please advise on the investment/ distribution for 10 yrs duration.

    You did help me with MF’s under ELSS, one of your comment made me realize that I don’t need to invest in ELSS MF’s (covered on tax).

    I need to get started on MF’s now (just got my DMAT), my discussion with you has been for more than two months now.

    As always would appreciate your help/ advise, will respect your suggestion (towards my long term goals/ family priority).

    Shekhar

    • Hi Shekhar,

      You can consider following funds for long term

      UTI Equity Fund (G)
      Franklin India Oppor. (G)

      SBI Small & Midcap Fund (G)
      Birla Sun Life MNC Fund (G)
      Can Robeco Emerg-Equities (G)

      UTI MNC Fund (G)
      Reliance Equity Oppor – RP (G)

      Note that you donot need DMAT account for investing in Mutual funds. You can invest by submitting the form.

  188. Dear Vivek,

    I am totally new to this. I am 26 years of age and i have not taken any insurance or the investment plans.

    Kindly suggest, how should i go about it ? which type of investment or insurance i should go for.

    Thanks in advance.

    • Hi Vinay,

      How much monthly can you invest?
      Whether you can remain invested for long term
      What are your goals?

      Do you have Life Insurance, Medical Insurance etc.

  189. Hello Vivek,

    I am very new in investment and going to invest in the following MFs through SIP. Please go through below portfolio and kindly, suggest whether the portfolio is good or I have to replace some Mf with others. i can invest 5-7k through SIP/month.

    1K in ICICI Pru Focused Bluechip equity.
    1K in Franklin India Prima Plus
    1K in HDFC Balanced
    1K in Birla SL Treasury Optimser-reg
    1K in Sundaram flexible fund – flexible income Direct-G
    1K in GS gold BeES.

    Thanks a ton!

    Regards,
    Manish

    • You can consider follwing –

      Franklin India Oppor. (G)
      Can Robeco Emerg-Equities (G)

      Birla SL Treasury Optimser-reg is Debt short term & Sundaram flexible fund – flexible income Direct-G is Debt Medium term. Instead of these funds, you can consider

      Reliance Dynamic Bond (G)
      UTI Dynamic Bond Fund (G)

  190. Hi Vivek

    I have started a SIP in

    HDFC BALANCED fund : 1000
    FRANKLIN SMALL COMPANIES: 1000
    L&T EQUITY: 1000

    Planning to increase SIP amount in FRANKLIN from 1000 to 2000 pm

    I am planning to start 3 more SIPS
    1) UTI – MIDCAP : 2000
    2) UTI EQUITY : 2000

    I can start one more SIP in GOLD mutual funds.
    Please suggest which one?

    All with long term plan of 25 years.

    Please let me know ur views about my portfolio

    • I am 31 ….i started all SIps last year

    • HDFC BALANCED fund & FRANKLIN SMALL COMPANIES, UTI Equity are performing well.
      Instead of L&T Equity, you can consider Reliance Equity Opportunities

      Instead of UTI Midcap, you can consider Can Robeco Emerg-Equities (G)

  191. UTI Mid Cap Fund
    Canara Robeco Emerging Equities Fund – Regular Plan
    BNP Paribas Midcap Fund

    out of these three which 2 are good fund?

    • Hi Sachin,

      You can go for following 2 funds:
      UTI Mid Cap Fund
      Canara Robeco Emerging Equities Fund – Regular Plan

  192. Hi Vivek,

    In one of the post you said – By investing Rs 5000 pm for 20 years, you can accumulate Rs 50 lakhs ( assuming 12% CAGR ).

    I was wondering if you can share the link from where I can calculate the same by putting details of my investments.

    And…also are you talking about investing on Mutual Funds ?

  193. i want to invest a lumsum amount of Rs.400000/- For my Girl Child aged 18 months . what will be the best metod.in which mf i shoul invest.kindly guide.

    • Hi Vishal,

      If possible, you should invest via SIP mode rather than lumpsum so that you can average the purchase price.

      I am assuming you intend to invest for long term.

      May be you can Invest in a Liquid fund in lumpsum and then do a Systematic withdrawal plan (SWP) to get the money every month . This money can then be automatically invested in Equity MF via SIP mode.

      For e.g.
      1) Invest lumpsum Rs 4 lakh in Axis Liquid Fund – Reg. (G)
      2) Submit SWP form at Axis MF
      3) Submit Equity MF SIP form to other funds.

      You can consider following funds :
      UTI Equity Fund (G)
      Can Robeco Emerg-Equities (G)
      SBI Small & Midcap Fund (G)
      UTI MNC Fund (G)

      Let me know if you have any queries.

  194. Hi,

    I am new to SIP. I am Planning to invest Rs. 10000 (5000 + 5000) per month for 2+ years for the below funds.

    UTI MNC Fund – Dr – Gr

    ICICI Pru Value Discovery Fund – Dr – Gr

    Reliance Equity Opp

    HDFC Top 200

    Please Suggest.

    Thanks

    • Hi,

      Please let me know for how long you can remain invested ? is it for long term?
      What is your goal or expectation?

      Do you mean you can invest Rs 10000 monthly for 2 years

  195. I want to invest 5000 per month please guide me….

  196. P Kunal Kataria

    Happy evening Vivek Jain & Associated,

    I m planning to invest 20-30K in MF every month for span of 15yrs, probably after a period of some yrs i will increase my investment.
    Following are the AMC fund house as listed, there could be more than 30 mutual fund ( in diff: category) but i wanna invest in top 15 mutual fund (priority with all category) or max 20mf (name 15-20 differently)
    I wanna invest 70% equity and 30% debt, as for gold i feel physical will be better.

    1) ICICI

    Focused blue chip
    Balance fund
    Balance advantage
    Dynamic fund
    Value discovery fund
    ICICI Infra fund
    Banking & Financial service
    Flexi income plan
    Pharama fund

    2) FRANKLIN

    Flexi cap fund
    High growth company
    Bluechip fund
    Corporate bond opportunities fund
    Income opportunities

    3) UTI

    Pharama fund
    Mid cap fund
    Mastershare fund
    Equity fund
    Opportunities fund

    4) RELIANCE

    Equity opportunities
    Media fund
    Pharama fund
    Banking fund
    Diversified sector fund
    Regular saving debt fund

    5)HDFC

    Infra fund
    Mid cap opportunities fund
    Top 200 fund
    Balance fund

    6) BIRLA

    SL frontline equity fund
    SL Infra fund
    SL dynamic bond fund

    7) BNP Paribas equity fund

    8) Tata balance fund

    Queries:
    – Wanna invest all in direct plan?
    – Period of investment will be for 15yrs?
    – Is it worth investing all in SIP category?. If yes then wht can be the amt: value as per priority ?
    – Few fund where fix investment is only applicable, is it work going?
    – Also i hv other investment plan in Insurance & mediclain / PPF / Gold / FD.
    – Worth taking taxation fund & ELSS fund

    Request to reply to my email id as well.
    Also add pts to be taken care…

    Peacefully your…
    Wam regard.

    Wishing you all Most & More

    • Hi Kunal,

      It is good that you want to allocate in 70% equity and 30% debt. However, you should keep the number of mutual funds manageable. Too much diversification is also not good.

      Out of 70% in Equity – you can further allocate 10% in Larga cap, 30% in mid/small cap, 20% Diversified, 10% Sector fund etc.

      You should have max 9-10 mutual funds. Therefore, you can select 2-3 funds in each category. You can see the best performing funds in the post above.

  197. Hi Vivek,

    I am new to mutual funds. I want to investt both in long term and short term. Shall I start with large cap for long term plan. What would be the best option for short term. I am planning to go for sip around 15000-20000Pm. Right now icici prudential focused blue clip equity fund, uti mutual fund and sbi blue chip are in my mind. Is this fine? Pl suggest Me some good mutual funds. Pl help me

  198. This is my list
    1. Uti equity fund
    2. Sbi equity bluechip fund
    3. Icici prudential focused bluechip fund
    4. Can robeco emereging equities
    5. Sbi small and mid cap fund
    6. Uti mnc fund
    7. Franklin higher growth companies fund
    8. Reliance equity growth opportunities fund

    Pl kindly sugges two best funds in each category so that it ll be easy for me to split the amount and track the funds

    • Hi Harini,

      You can consider investing in
      1) Large Cap – Franklin India Oppor. (G) and UTI Equity Fund (G)
      2) Mid cap – Franklin (I) Smaller Cos , DSP-BR Micro Cap Fund – RP & SBI Small & Midcap Fund (G)
      3) Diversified Equity – UTI MNC Fund (G) & Franklin High Growth Cos (G)

  199. Apart from the above three, these are my list for mid cap and diversified funds
    4. Can robeco emereging equities
    5. Sbi small and mid cap fund
    6. Uti mnc fund
    7. Franklin higher growth companies fund
    8. Reliance equity growth opportunities fund

    Pl kindly sugges two best funds in each category so that it ll be easy for me to split the amount and track the funds

  200. Hi,

    I am 24 years old and very new to mutual funds investment. Currently I have invested in following

    1). Rs. 42000 in Birla Sun Life Manufacturing Equity Fund – Direct Plan (G) through lump sum in last 3 months.
    2). Rs. 2000 as SIP in ICICI Prudential Focused Bluechip Equity Fund – Regular Plan(G) for last 4 months.

    I want to invest around 12-15K per month out of which 10k-11k is sure that i can invest every month so i think it would be good if i go for SIP for this amount per month while for rest money i can go for lump sum every month depending upon my savings.This is how i am thinking to invest please provide advice if i am wrong and correct me. Do suggest best mutual funds to invest depending upon my age as i am welling to take maximum risk.

    I hold this query too, please help to improve my knowledge.
    While going through mutual funds as i have observed these trend that in very first year mutual fund give very good interest and than it goes on decreasing for subsequent years to follow, so isn’t it be good if one invest in new mutual fund with respect to launch date (NFO) and hold it for 1,2 or 3 years till it’s interest start decreasing and invest in another NFO.
    I don’t know why people invest in same plan for such a long time like 10-15 years and more.

    Thanks in advance 🙂

    • Hi Sanjeev,

      1) First it is not correct that mutual fund give very good interest in first year and than it goes on decreasing for subsequent years to follow. The returns depends on the investment strategy & approach.
      e.g. it doesnot mean that fund which is 5 year old is better than fund which is 10 year old.

      So you should always invest in fund which has some track records of good performance.

      2) You can consider investing in following funds for long term:

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Invest in GROWTH Option of all above funds.

      3) Reg current investment – Birla Sun Life Manufacturing Equity is diversified equity fund and do not have enough track record.

  201. Hello sir,
    I am 40 year old. I wanted to invest 50000 per month in MF via SIP.
    Currently I don’t have any type loan, having health and term insurance. I have fixed deposit of 3 lakhs,2 lakhs of PPF,2 lakhs in Debt MF and 10 lakhs PF amount. I am doing yearly tax saving limit of 1.5 lakhs via PPF, PF and Insurance premium.
    My financial goal is
    1. My son graduation-8 year
    2. My son post-graduation -12 year
    3. Retirement corpus -15 year(at 55 age)
    After my analysis I have decided below fund
    A. Large cap
    UTI Equity fund
    B. Mid & small cap
    Franklin small companies
    C. Balance fund
    HDFC Balance fund
    D. Multicap/Diversified

    Franklin High growth companies

    E. Debt fund
    ICICI Pru long term

    I need your advice on money allocation to different type of fund. Different tools/friends/company financial advisor has given different input. Some says Invest 30%in Multicap,20%large,20%in Mid & small cap, 15% in balance and 15% in Debt fund. Some other says at this age u don’t have any loan so u should take more risk and invest 40% in Mid and small,15% each in large ,balance , Multicap and Debt fund.
    Can you please advise me what should be ideal and best allocation of money in 5 type of fund(Large, Mid&small, Balance, Multicap and Debt fund).

    Thanks & regards
    Harish

    • Hi Harish,

      There is no right and wrong answer for allocation. It depends on risk appetite and patience. If you can remain invested for long term and donot stress by intermediate market falls, then you can allocate higher portion in Mid/Small cap.

      So in total your allocation could be 70% Equity & 30 % Debt
      Equity: 20000 – Midcap, 7000 – Diversifed, 8000 – Large
      Balanced: 10000
      Debt – 5000

      You can consider investing in
      1) Large Cap – Franklin India Oppor. (G) and UTI Equity Fund (G)
      2) Mid cap – Franklin (I) Smaller Cos , DSP-BR Micro Cap Fund – RP & SBI Small & Midcap Fund (G)
      3) Diversified Equity – UTI MNC Fund (G) & Franklin High Growth Cos (G)

  202. Hi,
    I want to invest 2000 Rs per month (SIP) in 2 mutual funds, Rs 1000 each.
    Could you please suggest me the suitable mutual fund.

    Regards,
    Digvijay

  203. ABHISHEK PANDEY

    Vivek jee
    I m 26 years old with no major liablity I want to invest around 16000 per month in SIP. Please suggest me funds and amout to be invested. I wish to stay invested for atleast 5 years. Pls also suggest the time frame for which I should be invested in the scheme. I have already invested in Birla Tax Plan so please suggest the funds excluding Tax Plans
    Regards

    • Hi Abhishek,

      You can consider investing in following funds

      1) Large Cap – Franklin India Oppor. (G) and UTI Equity Fund (G)
      2) Mid cap – DSP-BR Micro Cap Fund – RP & SBI Small & Midcap Fund (G)
      3) Diversified Equity – UTI MNC Fund (G) & Franklin High Growth Cos (G)

      Select different dates during the month for each SIP.

  204. DEAR SIR ,

    IAM NEW IN SIP…I WANT TO INVEST 15000 IN SIP FOR TEN YEARS
    I HAD SHORT LISTED SOME 2K EACH
    FRANKLIN INDIA SMALLER COM-G
    FRANKLIN HIGH GROWTH COMP-G
    TATA BAL PLAN A-G
    MIRRAE ASSESTS EMEGING BLUE -G
    RELIANCE PHARMAA DIRECT
    DSPBR MICRO CAP

    AXIS LONG TERM EQ GROWTH

    PLS SE AND SUGGEST ME

    • SIR EAGELY WAITING UR RESPONCE PLS TELL ME..

    • 1) Axis Long term Equity is ELSS Tax saving plan – You should invest in this if you have not exhausted the 80C limit of Rs 1.5 lakhs
      2) FRANKLIN INDIA SMALLER COM-G – small mid cap fund – can be considered for investment
      FRANKLIN HIGH GROWTH COMP-G – diversified fund – can be considered for investment
      DSPBR MICRO CAP – small mid cap fund – can be considered for investment

      3) TATA BAL PLAN A-G – balanced fund – can be considered for investment
      MIRRAE ASSESTS EMEGING BLUE -G – instead of Mirae emerging, you can consider Reliance Small cap fund.
      RELIANCE PHARMAA DIRECT – Pharma sector fund – higher risk but can be considered for investment.

  205. Hi Sir,

    I am new to MFs, i would like to invest 4 k monthly for 10 yrs. After some study i have chosen some MFs.

    1. SBI Bluechip fund – 1.5 k.
    2. Tata balance fund – 1 k.
    3. ICICI pru value discovery fund- 1.5 k

    Is these fund are good enough to invest. kindly suggest.

    One more query i would like to ask in my study i found that generally return in 5 yr is much higher so why not invest in two part of 5 yr each rather that straight 10 yr.

    Regards

    VIkas

    • The first 2 funds are ok.
      1. SBI Bluechip fund – 1.5 k.
      2. Tata balance fund – 1 k.

      Instead of ICICI pru value discovery, you can consider SBI small & mid cap fund.

      There is no compulsion to invest for 5 or 10 years in SIP. Even if you enter in SIP form 10 years, you cna stop investing after 5 years.

      For exampke, if you purchase the Reliance share today, whether you hold for 5 years or 10 years, it is upto your choice depending in market conditions. The return will depend on market situation.

  206. This is the first time i am planning on investing in Mutual Funds. I have already invested 1.5 lakh in 80C(PF, PPF and Insurance).
    Looking into investing 10000 p.m for another 10-12 years in mutual funds. Below is the portfolio.

    Kindly let me know the funds which i can take from these. Planning to take 2 funds from each cap.

    Also suggest if i need to change any funds in the portfolio.

    Debt: (2000 p.m)
    Reliance Money Manager Fund (G)- 2015
    HDFC High Interest Fund – Dynamic Plan

    Large Cap:(2000 p.m)
    HDFC Top 200 Fund
    UTI Equity Fund
    ICICI Prudential Focused Bluechip Equity Fund

    Small/Mid:(2000 p.m)
    ICICI Prudential Value Discovery Fund Regular-Growth
    SBI Small & Midcap Fund
    Franklin India Smaller Companies Fund – Direct Plan

    Diversified:(3000 p.m)
    Franklin High Growth Cos
    Reliance Equity Opportunities Fund
    UTI MNC Fund

    Sector:(1000)
    Reliance Pharma Fund

    • Hi Binesh,

      The funds selected are good funds within their category.

      You may want to increase the allocation to Smaal/midcap fund as they tend to give better returns in long term.

  207. Hi vivek,

    I posted the same query few days ago but it didn’t reflect on your site so i am posting it again.
    I am 24 years old and very new to mutual funds investment. Currently I have invested in following :

    1). Rs. 42000 in Birla Sun Life Manufacturing Equity Fund – Direct Plan (G) through lump sum in last 3 months.
    2). Rs. 2000 as SIP in ICICI Prudential Focused Bluechip Equity Fund – Regular Plan(G) for last 4 months.

    I want to invest around 12-15K per month out of which 10k-11k is sure that i can invest every month so i think it would be good if i go for SIP for this amount per month while for rest money i can go for lump sum every month depending upon my savings.This is how i am thinking to invest please provide advice if i am wrong and correct me. Do suggest best mutual funds to invest depending upon my age as i am welling to take maximum risk.

    I hold this query too, please help to improve my knowledge.While going through mutual funds as i have observed these trend that in very first year mutual fund give very good interest and than it goes on decreasing for subsequent years to follow, so isn’t it be good if one invest in new mutual fund with respect to launch date (NFO) and hold it for 1,2 or 3 years till it’s interest start decreasing and invest in another NFO.

    I don’t know why people invest in same plan for such a long time like 10-15 years and more.

    Thanks in advance

  208. Hi Shreekanth,

    I am 30 yr old married guy and having 3 Month old daughter. I earn 80k Per month and having below investment

    Term Insurance – HDFC Click2Protect Plus of 1 Cr (Taken Last month)
    LIC Whole Life Plan -(Taken in 2012) Premium around 24K/yr for 12 yrs to get 40Lac at Age 79.
    Health Insurance – ICICI PruLife Health Saver Plan for 5L per Year for Me, Wife and Baby.

    PF – Around 45000 per Annum + Equivalent Employer contribution (Since last 1 Yr)

    HL – around 4Lac pending. It will be cleared by June 2016.

    SIPs investment of total Rs. 8000/- per Month as below (All are planned for long term for around 20yr considering daughter’s education and marriege)
    On my name
    1) UTI midcap fund (G) Rs. 2000/- (From last 5 yrs)
    2) ICICI Tax Plan Regular (G) Rs. 2000/- (from last 2 Month)
    3) DSP Black Rock Tax saver fund Reg (G) Rs. 2000/- (from last 2 Month)
    On Wife name
    1) ICICI Pru value Discovery Reg (G) Rs. 1000/- (From last 4 yrs)
    2) HDFC Equity fund (G) Rs. 1000/- (From last 5 yrs)

    Please suggest on above investments and what kind of additional investment planning/modification should I do and where ?

    • Hi Dev,

      It is good to see that you have taken care of various aspects like Life Insurance, Health Insurance and Investments.

      1) I am assuming that you are investing n tax saving funds to get 80C benefit. Are you taking full benefit of 80C limit ?
      2) The funds selected are performing Ok. You need to review them on a 6 month basis to identify any changes.

      If you invest Rs 8000 per month for 20 years, you should be able to accumulate Rs 80 lakhs – 1 crore after 20 years (assuming 12-13% average CAGR)

  209. Hi Vivek,

    I am investing in below mutual funds,can you please suggest if its good choice? 0r do i need to switch to any other fund? kindly advice.

    SBI – Magnum Sector Funds Umbrella Contra – Growth – 1000Rs PM – since June 2009
    Reliance Vision Fund Retail Plan – Growth Plan – 2000Rs PM – Sine June 2009
    DSP BLACKROCK MICRO CAP FUND – REGULAR PLAN – GROWTH – 2000Rs PM – Since Oct 2014
    HDFC LARGE CAP FUND – REGULAR GROWTH PLAN – 1000Rs PM – Since Oct 2014
    IDFC PREMIER EQUITY FUND-GROWTH-(REGULAR PLAN) – 2000Rs PM – Since Oct 2014
    Birla frontlineEq(G) – 2000 Rs PM – Sine June 2015
    Franklin India Prima plus(G) – 2000Rs PM – Sine June 2015
    Motilal Oswal MOSt Focused Multicap 35 Fund – Regular Growth – 1,00,000Rs – one time investment(5 Yrs tenure) – started 1st june 2015

    Regards,
    sathish M

    • Dear Vivek,

      could you please advice on my above query?

      Sathish M

    • SBI – Magnum Sector Funds Umbrella Contra – Growth – also knows as SBI Contra fund is diversified equity fund – good performance
      Reliance Vision Fund Retail Plan – Growth Plan – is diversified equity fund – below average performance
      DSP BLACKROCK MICRO CAP FUND – REGULAR PLAN – GROWTH – mid/small cap fund – good performance
      HDFC LARGE CAP FUND – REGULAR GROWTH PLAN – diversified equity fund – below average performance
      IDFC PREMIER EQUITY FUND-GROWTH-(REGULAR PLAN) – mid/small cap fund – below average performance
      Birla frontline Eq(G) – large cap fund with average performance
      Franklin India Prima plus(G) – diversified equity fund – good performance
      Motilal Oswal MOSt Focused Multicap 35 Fund – Regular Growth – diversified equity fund and performing well.

      You need to keep eye on the ones which are performing below average. If they are still below average in next 6 months, then you may consider switching from them to a better performing funs.

  210. Hi Vivek,

    My age is 32 years and I would like to invest total 4500 rs per month in 2-3 mutual fund for 7-10 years.

    Could you please suggest me funds for the same.

    Awaiting in your quick response.

    Thanks in Advance !!

    ~Manish Gupta

    • I have not invested before in Mutual Fund, I’m new to this.

    • Hi Manish, You can consider investing in following funds

      SBI Small & Midcap Fund (G)
      UTI MNC Fund (G)
      Franklin High Growth Cos (G)

      • Hi Sir,

        All three are High Risk fund. Will they provide long term profit or there any risk involve to take them?
        Juts curious to know about this.

        Awaiting in your response sir.

        Thanks
        Manish Gupta

        • Hi Manish,

          SBI Small & Midcap Fund (G) – Mid/small cap
          UTI MNC Fund (G) – Diversified
          Franklin High Growth Cos (G) – Diversified

          These funds are Equity funds and will have similar risk related to market (this risk is with all equity funds). However, if you invest for long term and systematically, then you can get good returns. But yes, there is risk involved in all Equity funds.

  211. Prateek Asthana

    Hi Vivek,

    I have already invested in some SIPs and I want to spend in few more for which I need your advice.

    Already invested in following SIP. Please comment on their future too:
    1. HDFC Equity Growth Fund – Invested 2K per month around 3yrs ago and current profit% is around 45%

    Invested 1000/month in following 4 SIPs 3 months ago:
    2. Franklin India smaller cos growth fund

    3. ICICI Prudential Focussed blue chip equity fund regular plan growth

    4. Reliance Equity Opportunities fund growth plan – growth option

    5. UTI mid cap fund growth plan

    I would like to invest in 5 more SIPs/5K per month.
    Considering my future plans, among all the SIPs, I have already invested and I would like to invest, I can invest in 2-3 SIPs for long term(7+yrs), 4-5 SIPs for 3-5yrs and rest depending upon situation.

    Can you please guide?

    Thanks and Regards,
    Prateek Asthana

    • Hi Prateek,

      You can consider following funds:

      Franklin High Growth Cos (G)
      UTI MNC Fund (G)
      SBI Small & Midcap Fund (G)
      Birla Sun Life MNC Fund (G)
      Can Robeco Emerg-Equities (G)

  212. Hello sir;
    my portfolio details are:

    LUMPSUM:—
    ICICI Pru balanced advantage fund-Rs 1 lLkhs
    ICICI Pru regular savings fund-Rs 1 Lakhs
    ICICI Pru Growth Series 2 Reg-D- Rs 50 Thousand
    ICICI Pru Short-term Reg-G- RS 25 Thousand
    ICICI Prudential Dynamic – Regular Plan – Growth-Rs 3742
    HDFC Mid-Cap Opportunities- -Regular-Growth-Rs 50 Thousand
    HDFC Infrastructure-G-regular-growth-Rs 50 Thousand
    L&T Business Cycles Non-Direct-G-Rs 25 Thousand
    Reliance Capital Builder Fund Ser B-G- Rs 25 Thousand
    Reliance Equity Savings Direct-G- Rs 25 Thousand
    UTI Focussed Equity Fund – Series I (1100 Days) – Regular Plan- Rs 25 Thousand

    SIP:—

    ICICI Pru Value Discovery Reg-G- Rs 2000 per month

    sir kindly guide me for above said funds and also give suggestions to start new investment either via SIP or LUMPSUM.

    • ICICI Pru balanced advantage fund-Rs 1 lLkhs ——- Balanced fund – below average performance
      ICICI Pru regular savings fund-Rs 1 Lakhs —- Credit opportunities Debt fund – below average performance
      ICICI Pru Growth Series 2 Reg-D- Rs 50 Thousand —- close ended equity scheme for 3.5 years. So it is difficult to exit
      ICICI Pru Short-term Reg-G- RS 25 Thousand —- Short term debt fund with below average performance
      ICICI Prudential Dynamic – Regular Plan – Growth-Rs 3742 – Diversified Equity with Average performance.
      HDFC Mid-Cap Opportunities- -Regular-Growth-Rs 50 Thousand – Smalll/Mid Equity with Average performance
      HDFC Infrastructure-G-regular-growth-Rs 50 Thousand — Sector Equity with Average performance
      L&T Business Cycles Non-Direct-G-Rs 25 Thousand – Multicap equity fund with performance history of less than 1 year.
      Reliance Capital Builder Fund Ser B-G- Rs 25 Thousand – closed ended equity fund in Jan 2015 so limited performance history
      Reliance Equity Savings Direct-G- Rs 25 Thousand – Equity fund launched in May 2015 so no performance history
      UTI Focussed Equity Fund – Series I (1100 Days) – Regular Plan- Rs 25 Thousand – closed ended equity fund in Aug 2014 so limited performance history

      ICICI Pru Value Discovery Reg-G- Rs 2000 per month – Diversified Equity – Performing well.

      In summary, you have invested in Closed ended funds & relatively new funds for which there is no performance history. Also investing in lumpsum add more risks as well.

      I would suggest you to invest via monthly SIP going forward.

      For other long term investments, you can consider investing in following funds for wealth creating:
      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)
      Invest in GROWTH Option of all above funds

  213. Vivek Sir,

    All three are High Risk fund, will they provide long term profit ? Or Is there any risk involve to take them.
    Juts Curious to know about this .

    Awaiting in your reply sir.

    Thanks
    Manish Gupta

  214. Hi Vivek,

    I want to invest around 15,000- 20,000 in following SIP funds for 10-15 years.

    Large Cap:
    UTI Equity Funds
    ICICI Pru Focussed Bluechip
    SBI Bluechip

    Small Cap:
    Birla Sun-Life MNC Fund
    SBI Small and Mid Cap Fund
    Can Robeco Emerging Equities

    Diversified:
    UTI MNC Fund
    Franklin High Growth
    Reliance Equity opportunities

    Can you please suggest any two funds from each category. so that it ll be easy for me to invest and track. Also please tell whether i need to contact individual fund office, if i need to go for Direct method.

    • Hi Harini,

      2) For other long term investments, you can consider investing in following funds for wealth creating:

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Invest in GROWTH Option of all above funds

      If you want to go DIRECT, you need to submit forms in MF office or their point of acceptance. You can also apply directly on their website and then post the form.
      Make sure that on Form, under broker section, you mention – “DIRECT” and also in scheme name if possible.

  215. hi,

    I am new to this area. I would like to invest in 2 funds one tax saving and other for good returns or wealth accumulation, investment amount 1k rs. each. which fund you would advice? Direct SIP/ELSS? It would be for long term, more than 10 yrs. I will increase investment amount regularly.

    • 1) For ELSS (Tax saving) , you can consider Axis Long term Equity (G)

      2) For other investment, you can consider Franklin High Growth Cos (G)

      These funds you can invest via SIP Mode in Growth Option.

      ALso, you can invest via agent or DIRECT Plan.

  216. Dear Vivek Ji.. I am advocate aged about 37years and deposited 55Lakhs in Nationalised Banks and i am earning Rs.50,000 Per Month from my profession. I started to Invest in SIP associated with ICICI Prudential Tax Plan Dividend- Rs.4000k and ICICI Prudential Child Care Gift Plan- Rs.1000 from August 2010 onwards and From March 2015, I invested Rs.2000 in Motilal Oswal Most Focussed Long Term Fund (G)= Total Rs.7000 Per Month. I blessed with one male child aged 7 years. I am in thinking that i have to deposit Rs.1 Lakh for one time in Mutual Funds? Would you please provide valuable suggestion in which funds, i will get good returns in future.

    • Hi Pratap Rudra,

      1) For one time investment, you can split the funds into 2-3 funds like UTI Equity Fund (G) UTI Mid Cap (G) & ICICI Prudential Exports and Other Services Fund (G)

      2) Regarding your existing funds :
      ICICI Prudential Tax Plan Dividend – is ELSS fund (tax saving) and giving average performance.

      ICICI Prudential Child Care Gift Plan is Hybrid fund , which I donot like personally for long term as Diversified equity funds normally give higher returns (though higher risk as well).

      Motilal Oswal Most Focussed Long Term Fund (G) – is diversified Equity fund but as the fund is new there is no long history of performace.

  217. hi,

    I want to invest monthly 5k for long term(5 to 10 yrs).

    please advise me the best mutual funds names.

    I am thinking about these two mutual UTI Equity Fund(G) and HDFC Top 200.

    please let me know your suggestion.

  218. Hi,

    This is the first time i am planning on investing in Mutual Funds. I have already invested 1.5 lakh in 80C(PF, PPF and Insurance).
    I am planning to invest 10000 pm for another 10-12 years in mutual funds. Below is the portfolio.

    Also suggest if i need to change any funds in the portfolio.

    Debt:
    Reliance Money Manager Fund (G)- 2015 (1500 p.m)

    Balanced:
    HDFC Balanced Fund – (1500 p.m)

    Large Cap:
    UTI Equity Fund – (1500 p.m)
    ICICI Prudential Focused Bluechip Equity Fund – (1500 p.m)

    Small/Mid:
    SBI Small & Midcap Fund – (1500 pm)
    Franklin India Smaller Companies Fund – Direct Plan – (1500 p.m)

    Diversified:
    UTI MNC Fund – (1500 p.m)

  219. hi
    i want to invest in mutual fund for 2 yr , please guide me which fund is best for me… as my bank advise me to invest in dsp blackrock micro cap regular grouth fund and dsp blackrock balanced fund regular grouth plan
    as i hv to invest aprox 5 lakhs
    tnx

    • Hi Ashok, If your time horizon is 2 years, then investing in Equity funds will be risky as the market may volatile in short term. Also, investing a lumpsum amount may have additional risk.

      1) Though dsp blackrock micro cap is good mid/small cap fund, but only if your time horizon is long (5-7 years)

      2) dsp blackrock balanced is a balanced fund with good returns. As balanced fund has mix of both equity and debt, you can consider that. Still it will have some risk because of Equity portion.

      3) For risk free return, you can consider investing in Arbitrage funds which give returns similar to FD but more tax efficient.

  220. Vivek , i would like to invest in SIP for my 3 children. for my daughter Rs 2000 pm and Rs 1500 each pm for my boys. can you suggest a good sip investment. for atleast 10 years. i have accounts in ICICI , Yes bank , State Bank of India and Bk of Baroda. i would prefer a low risk SIP.
    thanks for your suggestions.

    • Hi Rahul,

      As your time horizon is long, you should consider to invest in Equity mutual funds.

      You can consider investing in Large cap / diversified like below:

      Franklin India Oppor. (G)
      UTI MNC Fund (G)
      Birla Sun Life MNC Fund (G)

  221. Hi Vivek,

    I want to Invest Rs. 10000 per month for the next 3-5 years. I selected few funds mentioned below..Kindly suggest whether this seems ok.

    1. ICICI Prudential focused blue chip fund- Rs.2500
    2. UTI Equity Fund- Rs.2500
    3. Mirae Asset India opportunities fund- Rs.2500
    4. Tata balanced fund -Rs.2500

  222. Hi Sir Jee! My portfolio is reliance equity opportunity-2000/month
    Hdfc midcap opportunity-1500
    Uti equity-1500
    Is it okay! I want to invest 2000 more! Please suggest the fund!

  223. supragya karnawat

    After ten years I want a corpus of rs. One crorewhat amount should I invest

    • Hi, If you invest Rs 45000 per month for 10 years, you may be able to accumulate Rs 1 crore (assuming 12% CAGR)

      If you increase youtr time to 15 years, then you need to invest approx. Rs 20000 per month.
      If you invest Rs 20000 per month for 15 years, you may be able to accumulate Rs 1 crore (assuming 12% CAGR)

  224. Hi Sir,
    I am planning to start SIP in below mutual fund (ten thousand each-total 40000 INR per month) for 10 year plus time line.
    1. ICICI focused blue chip – 10000 INR – 5th of every month
    2. UTI mid. cap -10000 INR-10th of every month
    3. Franklin High growth fund -10000 INR -15th of every month
    4. HDFC balance fund -10000 INR -20th of every month
    Is it ok or shall I split 10000 INR in four installment e.g. 2500 rupee for all mutual funds on 5th, 10th, 15th and 20th day of every month. So it will be 10000 INR distributed for each mutual fund in four days in a month.
    Please advise me which option will be best for maximum return considering the market volatility every month.

    Thanks & regards
    Manjunath

    • May be you can take 2 funds from each category

      1) Large Cap – ICICI focused blue chip & Franklin India Oppor. (G)
      2) Mid /Small cap – UTI mid. cap & DSP-BR Micro Cap Fund
      3) Diversified – Franklin High Growth Cos, UTI MNC
      4) Balanced – HDFC balanced

      It is better to split the funds on different dates e.g. 2-3 installments in 1 month.

      Typically from the long term perspective, you should be able to generate 12-15% compunded return.
      If you invest Rs 40000 per month for 10 years, you may accumulate Rs 93 lakhs (assuming 12% CAGR)
      If you invest Rs 40000 per month for 15 years, you may accumulate Rs 2 crores (assuming 12% CAGR)

  225. Hi Vivek,

    I’m Vikram and age is 26.Currently save money 30k in PPF and 28k in LIC yearly.
    Now i’m gona planning to investment in MF.My goals are

    1) After 20 years,need corpous around 50 Lakh for Children education.
    2) Need corpus amount 1 cr for Retirement after 25 years.
    3) Planning for save a tax through SIP 10k /month.

    Please suggest me some fund which will balanced my portfolio and where to invest in ELSS

    Thanks in advance.

    • You can consider investing in following ELSS funds: approx 8000 per month

      Axis Long Term Equity Fund (G)
      Reliance Tax Saver (ELSS) (G)
      Franklin India Tax Shield (G)
      BNP Paribas Long Term Equity (G)

      For balance Rs 2000 per month, you can consider
      Birla Sun Life MNC Fund (G)
      SBI Small & Midcap Fund (G)

      If you invest Rs 10000 per month for 20 years, you may accumulate a corpus of Rs 1.5 crores (assuming 15% CAGR)

      • Hi Vivek,

        Thanks for reply.Already you doing great job to help like us to achive goals via finantial planning.

        Before your comment I already invested 10 k in ELSS as :

        Axis Long Ter Equity fund – 4.5k
        Reliance Tax Saver – 2k
        Franklin India Tax Shield – 3.5 k

        I have queries now :

        1.So I need to add BNP Paribus long term equity in portfolio ?
        2.Is invested amount in ELSS is ok or need to reduce ?
        3.By investing two MF i.e. Birla Sun Life MNC fund and SBI small & Midcap fund makes balanced portfolio ? or by these fund sufficient to acheive my goals ?

        Thanks & Regards,
        Vikramaditya

  226. Dear Mr. Vivek,

    I recently came to this site and noticed the excellent advise provided to the readers regarding the investment. It is really appreciatable. well, i am very new to this MF and i would like to start a SIP based investment. my target is long term investment (15 – 20 years). I am currently 39 year old and NRI. i can spend upto 10,000 rs as SIP. currently i am holding my account in Axis bank, so could you advise which is best MF to investment for long term.

    thanks and regards,
    Muneer

    thanks

    • Hi Muneer,

      You can consider investing in following Equities fund as your time horizon is long.

      Franklin India Oppor. (G)
      SBI Small & Midcap Fund (G)
      DSP-BR Micro Cap Fund – RP (G)
      UTI MNC Fund (G)

      You can invest with the help of your bank or any distributor/agent. Which country are you based in?

      • Dear Vivek,

        Thanks for your valuable advise and i really appreicate it very much. I am currently based in Kuwait. Do i have to invest all total amount in one of the equities fund or do i have to invest seperately, if so please advise your suggestion for the amount to be invested in each funds.

        thanks
        Muneer

        • Hi Muneer,
          it is always better to invest via SIP mode in installments as byu that way you are average the price on which you invest.

  227. Hi Vivek,

    I know its off the topic but still thought of asking you. I am happy if you even reply me to my personal email rather then posting it out here, since its off the topic. First of all let me thank you for your time and dedication in replying each and every query ( even if some ask the same question multiple times ). Now, let me give you my status current status of savings. I am 30 yrs old working in an MNC as a Project Manager. I invest 10k per month on different Mutual Funds, but now I have a cash of around 30k which I would like to invest in 1 or 2 stocks. I want to play safe and don’t want to be an active broker of selling buying in day kind of stuffs. I wanna invest and forget for 2 to 3 years. Can you help me in which stock looks promising and where its good to invest now. Or, if you have any other thoughts then please free to share with me.

  228. Dear Vivek,

    Currently I have two ELSS funds (Axis long term growth and HDFC Long term) in my portfolio which I would like to stay invested for atleast 5 years or more. My next aim is to accumulate gold through Gold ETF schemes and start a normal mutual fund. Please see below my queries and let me know your recommendations;

    Queries: Gold ETF

    1. Are there any Gold ETF schemes which allow me to purchase units based on current gold price?
    2. Is it possible to buy Gold ETF’s whenever I want and not through SIP?
    3. Is it possible to exchange Gold ETf units against physical gold., if yes who will give me physical gold and what is the process? any locking period?
    4. Kindly recommend some best funds (My sole aim to buy GOLD ETF is to accumulate gold and not the return)

    Queries: Gold ETF

    1. Please suggest some mutual funds. I have read about Franklin (I) High Growth Cos Fund. Please share your thoughts on this and what is the min amount to invest. Please also suggest some other funds.

    Thanks,
    Ronotosh

    • 1.
      2. You can buy Gold ETF whenever you want & not by SIP. Gold ETF can be bough & Sold like shares and you need to have DMAT Account. SIP Is for Gold funds and not Gold ETF.
      3. Conversion of gold ETFs into physical gold is possible only after it exceeds a certain size. This can vary from 500gm to 1kg depending upon the fund house.

      Alternatively, Reliance mutual fund offers “Reliance My Gold Plan” where you need to invest on a monthly basis and then you can exchange the accumulated gold grams into 24 Karat gold coins coins or jewellery at designated fulfilment outlets across India.
      https://www.reliancemgp.com/

      Please note that even if you are not able to get physical gold from ETF investment, you can always sell the Gold ETF and buy physical gold at that time.
      For e.g. Assume you have 28000 to invest or buy gold today : (Gold price today is 28000)

      Option 1 : Buy 10 gm gold for Rs 28000
      Option 2: Buy any Gold ETF, say their NAV is 2800, so you get 10 units.

      After 1 year, gold prices increased by 10% i.e. 28000+2800 = 30800
      Now, with Option 1, you don’t need to do anything as you already have the gold.
      With option 2, you will sell ETF , the NAV of ETF will also have increased from 2800 to approx. 3080 and get 30800. You can then go in market and buy 10 gram gold at that price.

      So in both option, you will have approx. 10 gram gold.

  229. Hi Vivek,
    I am 29years old and following are my current SIP’s.

    SBI Blue chip find–1500

    Icici Pru Value discovery fund-2000.

    I would like to invest 2k more…Please suggest a good one for a term of 5 years….what is your view about pharma sector.(reliance/sbi pharma funds)

    Are my current SIP looks good ?

    Thanks

    • Hi Vivek….Awaiting your valuable advice.

      Also can you please suggest good balanced / small cap fund.

      Thanks,
      Shravan

      • replied to your earlier query.

        Regarding small funds, you can consider – SBI Small & Midcap Fund (G) , Birla Sun Life MNC Fund (G)

    • The current funds are OK.

      Pharma sector funds are good as well but as they are sector specific they have high risks. However, if you want to invest for long term, you can consider these.

  230. Thanks Vivek….. I am currently reviewing the page.

    Also, would be able to help me with the information whether the new IT Return form is avaliable for us to file the IT Return for last year.

  231. Have fallen in love with your website
    I need your advice on below 3 questions

    Age : 26
    Savings : 30k/month
    Current Investment :

    Recurrent Deposit : 5k

    FDs : 1.5L

    Mutual Funds : (Have subscribed just today basis the above comments and yet to get units) total 10k

    Franklin India PRIMA PLUS-GROWTH -1k
    Franklin India SMALLER Companies Fund -Growth-2k
    SBI Bluechip Fund – Growth-2k
    UTI-EQUITY FUND – GROWTH-1k
    Tata Balanced Fund Plan A – Growth-2k

    And ELSS
    Axis Long Term Equity Fund – Growth- 2k

    Qs 1 > Request you to kindly let me know if the selected options are fine for the coming 10+ years. If there is any change I can do, then please suggest

    Secondly,
    Leaving the above , I have 80k which i need after 8 months.

    Qs 2 > Can u suggest me any low/moderate risk, good returns instrument? Looking for 10-11% return.

    Also, If u look above, I have savings of 30k/monthly and leaving the RD and the MF investment , I m still left with 15k.

    Qs 3 > Could you help me with some instrument which can be helpful for me?

    Thank you once again for your help and congratulations for the good work.

    • Hello Sir,
      Waiting for your inputs

    • Hi Manvii,

      Thanks for finding the site useful.

      1) The funds are OK. However, instead of Franklin India PRIMA PLUS-GROWTH , you can go for Franklin High Growth Cos (G).
      These funds are good from long term perspective. however, it is better to review on a six month or annual basis to see if any changes are required.

      As the 80000 you will need after 8 months, you can keep it into FD or Liquid funds. You can consider Axis Liquid Fund – Reg. (G). The returns should be similar to FD rates.

      2) What is the duration for this low/moderate risk return? You can consider Arbitrage funds (almost risk free), of traditional products like PPF, MSC etc.

      • Thanks for the reply..

        1) Any tool to track MFs over 6 months and all?
        2) Like i said i already have FD of 1.5l+ and like u suggest dont want the debt: Equity ratio to be more on the debt side
        3) My question was if there are funds which give returns more than FD and yet are a safe bet…

        • 1) You can check the specific fund launch date to know whether it is 6 months old or not. You can check on financial websites like moneycontrol.com etc
          2) As you will need money after 8 months only, it is not advisable to put money in Equity funds and you should invest in risk free instruments (which are typically debt oriented). So for short term, you should go for FD or Liquid funds.
          However, if you want to increase your horizon to 1 year, you can go for Arbitrage funds as they are risk free and tax efficient. So post tax returns are better as compared to FD.

  232. Dear Vivek,

    My Goal is retirement/long term wealth creation, I have a time horizon of 15 years.

    My current portfolio consists of the following in SIP mode:
    1. Axis Long term Equity-(D)(G) – 2000 PM
    2. Franklin High Growth Companies fund(D)(G)- 2000 PM
    3. Franklin Build India fund(D)(G)- 2000 PM
    4. Reliance Banking Fund(D)(G) – 1000 PM

    Please comment on my portfolio, also I have to invest 30,000 PM more in MFs. Please advise on the new takes.

    Regards,
    Vibhu

    • Hi Vibhu, The existing funds look good.

      For additional investment, you can go for:

      ELSS : You can consider following ELSS funds:
      Axis Long Term Equity Fund (G)
      Reliance Tax Saver (ELSS) (G)
      BNP Paribas Long Term Equity (G)

      Other funds – You can consider investing in following funds for long term:

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G), DSP-BR Micro Cap Fund – RP (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)
      Reliance Pharma fund
      UTI Transport & Logistics (G
      HDFC Balanced Fund (G
      IDFC Dynamic Bond-Regular Plan (G)

      Invest in GROWTH Option of all above funds.

  233. Hi Mr.Vivek,

    I like to start 3 sip with total amount of 4500-5000K time period will be at-least 7-10yrs can you please suggest some good funds.

    Thanks in Advance

    Vishal

    • Hi Vishal,

      You can consider investing in following funds for long term:

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Invest in GROWTH Option of all above funds.

  234. Hi Vivek,

    First of all thank you for this blog. it has helped a lot.

    i want to invest rs 2 lac as one time investment in either one or multiple mutual fund for around 10-15 yrs.

    query 1: Should i wait for for NAV of particular day to do so?
    query 2 : what MF would you suggest?

    • Hi Pankaj,

      it is better to split the investment in 4-5 funds. Ideally you should invest in SIP mode (installments), but if you have lumpsum money, you can invest lumpsum as well, but try to invest in different funds on different dates (to do some average)

      You can consider investing in following funds for long term:

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Invest in GROWTH Option of all above funds.

  235. Hi I am surprised in the Gold ETFs you have not mentioned the Goldex or Goldman Sachs Bees Gold Fund

    • Hi, All the Gold ETF give similar returns. If you are looking for gold etf, you can consider Benchmark’s Goldex as well goldman sachs fund.

  236. Hi Vivek,
    I’m new to mutual funds. I’m 44 yrs old and would like to starting investing 10,000 per month in MFs via SIP, for a duration of around 5-10 yrs. Could you kindly suggest me the best funds (1 in each category) in Mid/Small-cap and Diversified ? I would like to invest 5K in both of these. Please suggest me.
    Thanks in advance,
    Sai

    • Hi Sai,

      You can consider investing in following funds for long term:

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Invest in GROWTH Option of all above funds.

  237. Hi Vivek,

    I am an NRI and I have some lump sum amount (around 30 lac) in my NRE account. I would like to invest them for short term and long term purposes. I can take quite a bit of risk due to my age (30) and earning potential. Would it be a good idea to invest them all at the same time in mutual funds now? Could you please help me build my portfolio to invest the above amount? Or do you think I should invest certain amount in FD (I know it’s 1 year locking period for NRI on FDs)?

    What other option do I have to invest my amount to get good returns.

    Thanks in advance,
    Kiran.

    • Hi Kiran,

      Please let me know – ho wmuch you can invest for long term and how much for short term. What is the goal for these investments?
      Have you invested via Mutual funds before ?
      Which country are you based in?

  238. Hi,

    I am new to Mutual Funds and I would like to invest 20k per month for a period of 10 years. kindly suggest me good funds that have low risks.

    Thanks,

    Sharmele Somu

    • You can consider investing in following funds for long term:

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Invest in GROWTH Option of all above funds.

  239. Please comment on the below funds. my investment period is 8-10 years.

    CANARA ROBECO EMERGING EQUITIES – GROWTH- 2000/month sip
    Franklin India High Growth Companies Fund- 2000/ month sip
    Uti equity fund-2000/month sip
    Axix long term equity- for tax planning- 2000/month

  240. Hi Vivek..
    Im planning to invest 7000 on mutual funds for a period of an year. Could you pls help me out with the best plan? I have no knowledge on the same. Heard SBI small and mid cap fund gives better returns.
    Thanks
    Tessy

    • Hi Tessy, if your time duration is 1 year, then you should not invest in Equity funds. As their returns depends on the market and will be volatile in short term. If you want to invest in Equity funds, then you should make investment with 7-10 year period in mind.

      Also, are you looking to invest Rs 7000 one time or monthly investment?

  241. Dear Vivek,

    I m new to Mutual Fund, recently i started SIP of Franklin India Smaller Cos Fund(G) for 5000 per month till 10 years. Can you please give some future prospect of this fund. Is it good to carry on with. ???

    and also I have a plan to invest 10000 more per month for 15 years. Please suggest some good Mutual funds for SIP.??

    • Hi Sanjeev,

      Franklin India Smaller Cos Fund is good from long term perspective.

      You can consider investing in following funds for long term:
      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

  242. PARAMDEEP SINGH

    Hello Sir

    I am a 29 yrs. Old living with my Wife and Parents. Planning for retirement and can afford to save up to 5000/- as on date. My agent suggested me following 5 funds 1000/- SIP each
    HDFC TOP 200 G
    RELIANCE TOP 200 RETAIL
    RELIANCE SMALL MID CAP FUND
    ICICI PRU DISCOVERY
    DSP BLACK ROCK MICRO CHIP FUND

    All different dates. But After reading your article I am realising he is making wrong choices. Please suggest I can invest for 25-30 yrs and as everybody wish I also want maximum returns out of my investments.

    Regards
    PARAMDEEP SINGH
    param143@gmail

    • Hi Paramdeep, These funds are also performing OK, so he is not completely giving wrong information.

      You can consider investing in following funds for long term:

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

  243. Hi Vivek
    I want to invest 1lc right now and and 20k per month for 3-5 years horizon please suggest 3-5 good mutual funds for balanced protfoilo I m not looking for tax saving funds as of now cause my 80cc limit is already exaushted…

    • If your horizon is 3-5 years, then you can go for diversified or large cap funds. You can consider investing in following funds:

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      For long term, Midcap / small cap can be added as well – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)

  244. Hi Vivek,

    Thanks for all the valuable information for the first timer. I am new to the mutual funds and planning to invest in the following categories via SIP for long term. Please review and let me know if you see any gaps and advise so that i can make necessary changes. Also, is it good time to invest?

    LARGE CAP

    UTI OPPORTUNITIES FUND – (G) – 1000 (10yrs)
    Franklin INDIA OPPORTUNITIES FUND (G) – 2000 (10yrs)

    MID/SMALL CAP

    Franklin India Smaller Companies Fund (G) – 2000 (5yrs)
    Canara Robeco Emerging Equities Regular (G) -1500 (10yrs)
    DSP BR MICRO CAP FUND – REGULAR PLAN (G) – 1000 (10yrs)

    DIVERSIFIED
    UTI – MNC FUND – (G) – 1500 (10yrs)

    BALANCED
    HDFC BALANCED FUND – (G) – 1500 (10yrs)

    DEBT
    HDFC HIGH INTEREST FUND DYNAMIC PLAN – (G) – 1500 (5yrs)

    Waiting for your reply!

    Thanks,
    Nishant

    • Hi Nishant,

      the funds selected are good for long term persective. If you are invest via SIP mode for long term, you should not worry too much about market levels.

  245. Hi Vivek,

    Waiting for your reply!!

    Thanks,
    Nishant

  246. Hi Vivek,
    I am 28 years old and want to start investing in Mutual Funds from July 2015. I have opened account in funds India, can i rely on this website for financial assistance? I want to invest 6k per month, can you pls suggest how my portfolio should be and suggest some mutual funds.

    • Hi Sudheer,

      FundsIndia is online portal (distributor) for mutual fund investments. As part of their offering, they generate mutual fund suggestions based on your risk profile questionnaire.

      Personally, I go DIRECT route of Mutual fund investment as it saves amount in long run. But if it is your first time in Mutual funds investment, you can take help of agent / distributors.

      You can consider investing in following funds for long term:

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Invest in GROWTH Option of all above funds.

  247. Hello Sir,
    Waiting for your reply

  248. Hi Vivek,

    I am 28 years old and want to start investing in Mutual funds from this month.I want to start invest 5k in SIPs per month, i want to do long term investment, please suggest good Mutual funds.

    • Hi Vivek can you reply me to my earlier question on July 1st pls.

    • You can consider investing in following funds for long term:

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Invest in GROWTH Option of all above funds.

      If you have not exhausted your 80C limit, you can consider following ELSS funds also
      Axis Long Term Equity Fund (G)
      Reliance Tax Saver (ELSS) (G)
      BNP Paribas Long Term Equity (G)

  249. Hi Vivek,
    i am 24 years and i have never invested in SIP so i would like to invest 1500pm for 5 years so can you suggest me where should i invest?

  250. Waiting for your reply

  251. Dear vivek,
    I am a new to MF, I want to invest 20k lumpsum (1 large cap-5k,2 mid cap- each 5k, 1 small cap-5k) thereafter I will be investevery month each 1k or 500, for 3,4,5 years in open ended scheme.. Is it ok or not? If not pls give suggestions, Pls suggest me which scheme to be buy? I am waiting for your reply. Thanks

    • You can consider investing in following funds for long term

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Invest in GROWTH Option of all above funds.

      When you are investing in Equities funds, you should be able to remain invested for long term 7-10 years.

  252. Hi sir,
    I am new to mutual fund, I am planning to invest following schemesvia sip each 1k /month, pls reply my selection is ok or not? And also guide each schemes terms like in years.

    1.SBI SMALL AND MID CAP FUND (G)
    2. UTI MID CAP(G)
    3.franklin india growth cos fund (G)
    4.AXIS LONG TERMS EQUITY ELSS FOR TAX PLANNING.

    Please suggest me one NFO FOR LONG PERIODS I WANT TO INVEST 10K LUMPSUM

    Waiting for your reply

    • Hi, The funds selected are good for long term.

      For lumpsum amount, why you want to go for NFO. It is a myth that NFO is better because it is issued at Rs 10. You should go with any established scheme like Franklin India Opportunities (G) or any large cap fund.

      • Thanks for ur reply.. But finally which scheme I need choose exactly?

        • Hi Devaraju,
          the funds selected by you are performing well. In addition, You can consider investing in following funds for long term:

          Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
          Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
          Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

          Invest in GROWTH Option of all above funds.

  253. i am not eligible for paying tax.

    • You can consider investing in following funds for long term:

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Invest in GROWTH Option of all above funds.

  254. Hi,

    I am new investor on Mutual Funds. I want invest 20,000 per month for a span of 10 to 15 years. kindly suggest some MFs.

    Thanks,
    Sharmele Somu.

    • Hi Somu,

      You can consider investing in following funds for long term

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Invest in GROWTH Option of all above funds.

  255. Hi Vivek,

    I am bit confused with the balanced fund between ICICI Balanced Fund & HDFC Balanced Fund. The P/E ratio for ICICI fund is bit higher than the HDFC fund. Can you shed some light which would be the best option for longer term? for 10 years.

    Thanks.

    • Hi Rajan,

      Both HDFC Balanced fund as well as ICICI Pru Balanced fund has similar risk and returns. You can choose any of them.

  256. Hi Sir,

    Your articles is eye opening for me on Mutual fund.

    Could you please clarify on this as well.

    I have bought icici pru life Wealth Builder – Maximiser V on Dec 2014 for which I have paid Rs. 50,000 as first perimium and need to contined for next 4 years.
    Lockin period is for 5 years and the policy is for 10 years
    But my fund value is keep on reducing and at present my fund value reduced to 45,000.
    I’m confused whether to contiune on this plan and stay invested it for 5 years or should i cancel this plan now itself ?
    thanks in advance.

    • ICICI Pru Wealth Builder is a unit linked insurance plan (ULIP). There are multiple charges applicable in ULIP like –

      Premium Allocation Charge : Year 1 : 3% , Year 2 : 2% , Year 3 – Year 5 : 1% , Year 6 onwards : NIL
      Mortality Charges – For providing Life insurance
      Fund Management Charges – 1.35%
      Policy Administration Charge per month (% of Annual Premium payable) : 0.47%

      Because of all these charges, the return in initial years are less.

      Personally I donot like ULIP schemes are 1) there are so many charges 2) they gives very low life insurance. It is better to invest in Equity funds + take a Life insurance.

      Now there is challenge even in surrendering it – During the first five policy years, if you wish to surrender, the Fund Value after deduction of applicable premium discontinuance charge, shall be transferred to the Discontinued Policy Fund. You will be entitled to the Fund Value after lock-in period of total 5 years (Dec 2019).
      By surrendering you will not have to pay the premium for next 4 years and you can invest that amount in another Equity mutual funds.

  257. hi vivek,
    i am 30 years old and i am new to MF. i want to invest Rs.10000 – 12000 per month for long term of 20- 30 years. i have selected the following funds (sbi bluechip fund, sbi global fund, sbi magnum midcap fund, icici prudential value discovery fund, hdfc high intrest dynamic fund, tata balanced fund, axis long term equity fund and canara robeco emerging equities fund) as per my knowledge and can you choose me any 5 funds for long term benefits. also tell me how to allocate the funds. thanks

    • Hi vasanth,

      You can consider investing in following funds for long term:

      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Invest in GROWTH Option of all above funds.

  258. Hello i am new to Mutual funds and with the help of internet i have selected below funds can you pls advice whether all are good. i want to invest 20 K PM but presently i have invested 10 K so will you pls suggest what needs to be done shall i increase the amount in below funds or need to add or remove any another fund ?

    Franklin India Bluechip – Growth – 2000/Pm
    Franklin India High Growth Companies Fund – Growth- 2000/PM
    HDFC Balanced Fund – Growth- 2000/PM
    HDFC Mid-Cap Opportunities Fund – Growth- 2000/PM
    ICICI Prudential Exports and Other Services Fund – Growth- 1000/PM
    UTI MNC Fund – Growth- 1000/PM

    • Hi Jugal, The funds selected are performing well and can be considered for long term. For additional investment, you can add 1-2 more small/mid cap fund from the list provided in the post above.

  259. Hello i recently purchased HDFC Pro growth plus for 50000 Annual Prim , can you please let me know is that good or not. And in that i have select mid-cap opp funds , bit confused as got to know that investing in ULIP is never a good option so please let me what what needs to be done. Its bit urgent otherwise i won;t be able to cancel that policy.please help.

    • Hi Amit,

      HDFC Life Pro Growth Plus Plan is a Unit Linked Insurance Plan (ULIP).
      In this plan, if the Life Insured dies within the Policy Tenure, then higher of the Sum Assured or the Fund Value is paid to the nominee as Death Benefit and the policy terminates. However, if the Life Insured meets with an accidental death and had opted for Extra Life Option, then he would an additional Sum Assured as Accidental Death Benefit.
      On maturity, the Fund Value is paid to the policyholder as Maturity Benefit.

      Premium Allocation Charge : Year 1 : 2.5 % , Year 2 : 2% , Year 3 onwards – NIL
      Mortality Charges – For providing Life insurance
      Fund Management Charges – 1.35%
      Policy Administration Charge per month (% of Annual Premium payable) : 0.42% – 0.83% per month
      Because of all these charges, the return in initial years are less.

      ULIPS are less flexible in terms of both Insurance and investment. I will prefer investing in ELSS Mutual fund (to get tax benefit) and taking term life insurance, rather than mixing the two.

      What was your idea when investing in this ULIP – How much Insurance did you get ?

      • Thanks for your reply , i was looking for some plan where i can invest for my 3 years baby boy, can you suggest something good. Or shall i surrender this HDFC Pro growth plus . Initially the plan was for youngstar plan but later told it will be good if you go with this . And he told investing in this pro growth pls if you want you can switch also btw mid cap or large cap. now i do not know what is correct and what needs to be done? need you kind advice to proceed further. Thanks

        • In ULIP, charges are higher, the insurance amount is inadequate and less flexibility of investmnets. So I donot prefer ULIP.

          If it is possible to cancel, then go ahead and cancel. From that amount, you can

          1) take term life insurance for adequate amount
          2) invest in Equity funds via SIP mode.

  260. Hi Vivek,

    Based on your suggestions, I have started SIP in few more plans. My portfolio now is mentioned below:

    SIP Date Amount Funds
    10th 1000 Axis Long Term Equity Fund (G)
    14th 1000 DSP BlackRock Small and Mid Cap Fund (G)
    10th 500 Franklin India Tax Shield (G)
    10th 500 ICICI Prudential Tax Plan (G)
    10th 1000 Reliance Retirement Fund – Wealth Creation Scheme (G)
    18th 1000 Reliance Tax Saver (ELSS) Fund (G)
    10th 1000 Religare Invesco Tax Plan (G)
    10th 1000 SBI Emerging Businesses Fund (G)

    Now I want to invest 3000/pm more with time frame of 15 years from now. I want to keep this amount for my daughter’s education. She is 4 now. Please suggest few funds where I can invest for 15 years & expect a decent return also.

    Also please suggest me
    a) can I opt for few more ELSS funds to save tax? I have not exhausted my limits yet.
    b) All my funds are through agents. Should I start investing it online directly?
    c) Is it advisable to invest in NFO’s? If yes what are the upcoming NFO’s to watch out for investment.

    Regards,

    Pranjal

    • Hi Pranjal,

      1) if you have not exhausted your 80C limit, you can increase the SIP amount in your existing ELSS Funds.
      2) if you are comfortable in doing that, go ahead and try.
      3) You should avoid NFO if they are similar to ones already available. For e.g. if there is new ELSS fund, you should prefer the existing old ones rather than going with new with no track record.

  261. Hello , Generally most of the time in your money show which comes in CNBC awaaz that should not go with more than 5-7 mutauls fund so why is it soo ?? any reason behind this ??

    • because it will be difficult to manage multiple funds. You will not be able to track the performance. Also, if the mutual funds are of same category, then there is no point in having more of same category.

  262. Hi Vivek,

    Wonderful site and comments section…you are really doing a great job !! Things are explained in a simple way…

    Below is my portfolio for non-ELSS funds, what i am planning to implement…

    Option1:

    Balanced fund – HDFC balanced – 3000/ pm
    Large cap – Franklin growth – 1000/ pm
    Small/mid cap – SBI magnum midcap – 2000/ pm

    Option2:

    Balanced fund – HDFC balanced – 3000/ pm
    Diversified Equity – ICICI pru right – 3000/ pm

    Could you please comment which option would be better and why?
    Thanks in advance…

    • Hi Vivek,

      Wonderful site and comment section…you are really doing a great job !! Things are explained in a simple way…

      Below is the portfolio I want to build (aiming at least 15 lakh corpus in each 10th year from now from these MF) ….I am a moderate risk taker and 28 now .

      Could you please help me to choose the right option? Please don”t hesitate to suggestion for any addition/ modification in the portfolio required…

      Option1 (14k/ month):

      Balanced fund – 2000/ pm
      Large cap – 1000/ pm
      Small/mid cap – 1000/ pm
      Debt fund – 3000 / pm
      ELSS1 – 4000 / pm
      ELSS 2 – 3000/ pm

      Option2 (14k/ month):

      Balanced fund – 2000/ pm
      Diversified Equity – 2000/ pm
      Debt fund – 3000 / pm
      ELSS 1 (Axis LT) – 4000 / pm
      ELSS 2 (Franklin) – 3000/ pm

      Please let me know level of riskiness in the portfolio…looking forward !
      Thanks in advance…

      • Hi Naresh, I am assuming you are putting 7000 in ELSS to take 80C benefit. Will you be able to exhaust your 80C limit of RS 1.5 lakhs

        Also, you should increase allocation in mid/small cap from long temr perspective (and reduce balanced fund) – in Option 1.

    • Hi Naresh, If your view is long term, your allocation of balanced fund should be less. It should be more of equity.

      Yoiu can consider following:
      Large cap – Franklin India Opportunities (G), UTI Equity Fund (G)
      Midcap / small cap – SBI Small & Midcap Fund (G) , UTI Mid Cap (G)
      Diversified – UTI MNC Fund (G), ICICI Prudential Exports and Other Services Fund (G)

      Invest in GROWTH Option of all above funds

  263. Hi Vivek,
    I’ve come across a term “MOVI Pack Plan”. Which suggest buy/sell or equity/debt allocation for funds based on their calculated index value which is different from other general indices.

    How does it actually work? Is it really beneficial in a long run? Does it really make any difference when the investment horizon is long term (>5 years) ?

    • Hi Amit,

      I have posted the initial analysis for this plan (Motilal Oswal MOVI Plan) in my post below

      http://wealth18.com/motilal-oswal-value-index-movi-pack-plan-details-and-review/

      • Thank you very much Vivek, for a full fledged article in response to single query.

        I was also of similar opinion as you’ve shared in blue at the end of the article that in longer run everything will be neutralised and one is unnecessarily dragged in to those cumbersome capital gain calculations due to to-n-fro swinging between equity & debt; but still thought to have an expert opinion.

        Thank you once again.

        • Hi Amit,

          Thanks for finding it useful. As it may help other readers, I posted that as separate article.

          • Hi vivek,

            I’ve come across another such thing “Union KBC’s ‘trigger’ funds” These are closed-ended equity funds which would wind up and return the cash to investors when their target NAV (R13 per unit) is hit.

            kindly provide your views on them as an investment option as a whole for both long/short term horizon.

          • Hi Amit,

            I don’t see any merit in ‘trigger’ funds. What essentially they are saying that once the NAV is reached Rs 13, they will redeem the amount.

            You can do so with other funds. You can set a target and when NAV of that fund reach your target, you can redeem it. The only difference is you have to request redemption in other funds.

            Just for the facility of automatic redemption, investing in a closed ended fund does not make much sense.

  264. Hi Vivek,

    I have two very basic question and I hope answer to this will help a lot including me. Now, this question is coming from me, since I am investing around 20% of my salary in MF ( that includes – ELSS, Small & Mid Cap, Large Cap Funds )

    1. Why should an indiviual invest on Mutual Fund when there are Fixed Deposit and LIC ? What percentage of risk is involved in MF ? If I invest for more than 10 years, will I surely get my hard earned money that I invested atleast ? When should someone take out his money from MF ?

    2. Now, I may be poor in calculation and didn’t get this or may be I am stupid enough to ask this. For example as per the information provided above, UTI Mid Cap gave 53% in 1st year, why does the it decrease in 5 years to 22%. Does that means its better to invest for one year rather than 5 years.

    • 1. MF, FD & Insurance are different forms and each of this has own merits and demerits.

      FD provides fixed interest and safe, but not tax efficient.
      LIC mainly provides insurance and not good from returns perspective.
      MF offers you option to invest systematically in Equities, fixed income , gold etc. See more benefits
      http://wealth18.com/basics-of-mutual-fund/

      http://wealth18.com/top-10-reasons-to-invest-via-mutual-funds/

      There is no gaurantee about mutual fund returns. But based on historical data, mutual funds (Equity) have given better returns over long term (when invested systematically)

      Depending on time horizon, you can take money out from MF

      2) Returns more than 1 year are shown as annualised. which means over 1 year, the return is 53% while over 5 years, the absolute return is approx 173% over 5 years which is approx 22.2% annualised CAGR return

      It doesnot mean that 1 year is better than 5 year. Thats not correct assumption.

  265. Hi Mr Vivek.
    I am unmarried & 27 years old & I am new in MF investment. My parents are in mid fifties. I am only son. Apart from me, the total family income is Rs 15000/Month. Our Real estate asset size is Rs 1 crore presently & our present family savings is 25 Lakh cash (Bank FDs, RDs, etc).

    My net annual income is Rs 6 Lakh (Excluding Office PF- 2700/Month)
    My monthly savings Is Rs 40000. The splitting of the 40000 is (RD- 5000, PPF-12500, LIC-5500, SIP-17000)

    As I have around 60% allocated in fully secured Bank deposits, My total MF SIP are purely in Equities. The time horizon of investing of SIP is 30 years for my retirement planning.

    My allocated MF SIP of Rs 17000 are like this

    LARGE CAP (3000/Month)
    ICICI Pru bluechip fund- Rs 1500/Month (23rd date)
    UTI Equity fund- 1500/Month (27th date)

    MID CAP (6000/Month)
    UTI Midcap- 1000 (1st date)
    HDFC Midcap opp- 3000 (5th, 20th & 25th date)
    IDFC Premier equity- 2000 (12th date)

    SMALL CAP (3500/Month)
    Franklin smaller companies fund- 1000 (7th date)
    DSP BR Micro cap Fund- 1000 (21st date)
    Reliance small cap fund-1500 (29th date)

    DIVERSIFIED (4500/Month)
    Franklin High Growth Co- 1500 (3rd date)
    ICICI Pru focused discovery Fund- 1000 (15th date)
    Birla Sun Life MNC Fund- 1000 (10th date)
    Reliance equity opportunities fund- 1000 (18th date)

    (As ICICI Pru discovery fund & Birla SL MNC fund is well diversified in large, mid & small cap stocks, I kept it in Diversified category)

    I would like to know your opinion on my whole portfolio, so that I can change/modify it accordingly…

    Waithing for your reply..

    • Its good to see proper planning & allocation of funds. The strategy looks fine of allocation between Fixed Income and Equities.
      Also within Equities, you have allocated the money well.

      few suggestions:
      1) Instead of HDFC Midcap, increase allocation to UTI Midcap

      rest looks good. Going forward as your saving increases, you can increase investment in midcap/small funds.

      • Mr. Vivek,
        Thanks a lot for your compliment.

        I want few specific questions
        1) Going forward, when my savings will increase, what should be the ratio of additional allotment in fixed income bank deposits & in small/mid cap equities?
        2) Should I add new mid-small cap funds in my portfolio (like- can robeco emerging equities, mirae emerging bluchip fund, JP Morgan mid & small cap fund, ICICI pru export & other service fund etc) or I should invest more in existing funds?
        3) Are MNC funds can be considered at thematic/sectoral fund? I have Birla Sun life MNC fund already in my portfolio. I think there is no reason of adding UTI MNC fund.
        4) what is your point of view on IDFC premier equity fund? since last few months, its underperforming, should I stop investing in it? else, How long I should wait to take the decision of shifting from it?
        5) what is your point of view on the comment made by RBI Governor a month back “Global depression like 1920s”. Are you predicting the same in next 3-4 years?

        Waiting for yor revert.

        Thanks & regards,
        Deb

        • Hi Deb,

          1) If you donot have immediate need for money and comfortable with Equity funds, you cqn allocate major portion into Equity funds. say 70%.
          2) It is better to invest not more than 4-5 funds in 1 category otherwise it will be difficult to track performance.
          3) The name of MNC funds are bit misleading. The objectives of 2 MNC fund could be different. for example –
          Birla MNC fund – investments in securities of multi-national companies to achieve long-term growth of capital at relatively moderate levels of risk. classified under small/mid ap
          UTI MNC fund – predominantly in stocks of Multinational Corporations and other liquid stocks – classified under diversified

          4) IDFC premier equity is giving below average performance. You should put it on watch list for next 6 months to 1 year. If it is still underperforming, you can switch.

  266. Hi Vivek,

    I am 35 years old. haven’t done any investments yet. Based on the articles available in Internet and your post above I would like to invest in below funds. Please suggest.

    1. ICICI Pru Focussed Blue Chip Fund – 15 yrs – 2000/pm
    2. UTI Equity Mutual Fund – 15 yrs – 2000/pm
    3. HDFC Top-200 Fund – 20 yrs – 3000/pm
    4. HDFC Mid Cap opportunities Fund – 10 yrs – 2000/pm
    5. Franklin India Smaller Companies Fund – 10 yrs – 2000/pm
    6. UTI Mid Cap Fund – 10 yrs – 2000/pm
    7. Reliance equity opprotunities fund – 10 yrs – 1000/pm
    8. HDFC Balance Fund – 20 yrs – 2000/pm
    9. SBI Emerging Business – 20 yrs – 2000/pm

    Best regards,
    KL

    • Hi, above funds are performing well and can be considered for long term investment.

      One suggestion – Instead of HDFC top 200 fund, you can shift that amount to some mid/small cap fund.

  267. Hi Mr Vivek

    I am 39 years and just starting on SIP. I am planning to retire at age 55. Can invest upto 15000 per month for next 15 years starting August and would like to know your suggestions on which fund to start? I am looking at a big retirement fund and hence your suggestions might help me decide. Thanks in advance

    I am looking at the following basis what ICICI told me.

    UTI Equity
    UTI Midcap
    IDFC Premier equity
    Franklin smaller companies fund
    Franklin high growth companies fund

    You may have to guide me on some more funds also as I am new to this.

    Jaya

    • These funds are performing well and can be considered for long term investment.

      If you invest Rs 15000 per month for 15 years, you may accumulate a fund of rs 75 lakh – 1 crore (assuming 12-15% CAGR)

  268. Hello Small question, i opened RD in HDFC Bank for 10 K monthly for two years now can i reduce the amount or tenure ? If yes is there any charge i have to pay ? Thanks

    • Hi Amit,

      You cannot reduce the amount or tenure of RD.

      However, you can close RD pre-mature and the interest will be calculated accordingly.

  269. Hello , as you mentioned about SBI Small & Midcap fund and Canara Robeco Emerging Equities (G) but i don’t see both in Sharekhan websites , do we need to buy from somehwere else.? Thanks

    • it may be possible that Sharekhan is not distributor for those fund houses. Is there any SBI or Canara robecco funds on their portal ?

  270. Hi Vivek,

    I have been contributing to MF from last March 2015 in following ways. Please share your suggestion and feedback on the below Mutual Funds.

    Currently I am investing 15k for a duration of 25 years.

    ELSS – Rs 2000 – ICICI Pru Tax Plan (G) 8th of every month
    ELSS – Rs 3000 – Axis Long Term Equity Fund (G) 8th
    Small & Mid – Rs 500 Sundaram S.M.I.L.E. Reg-G 8th
    Small & Mid – Rs 1000 DSP BlackRock Micro Cap Fund – Regular Plan – G 8th
    Large Cap – Rs 500 – SBI Blue Chip Fund (G) 10th
    Large Cap – Rs 1000 – ICICI Pru Focussed Blue Chip Fund Direct (G) 8th
    Diversified Equity – Rs 1000 ICICI Prudential Exports and Other Services Fund (G) 15th
    Small & Mid – Rs. 1000 Canara Robeco Emerging Equities (G) 5th
    Small & Mid – Rs 1000 Franklin India Smaller Companies Fund – (G) 8th
    Pharma – Rs 2000 SBI Pharma (G) 5th
    Thematic – Infra – Rs 500 HDFC Infrastructure Fund (G) 15th
    Diversified Equity – Rs 1000 UTI MNC Fund ( G ) 10th
    Small & Mid – Rs 500 SBI Small and Mid Cap – (G) 10th

    • Hi Rajesh,

      You have selected good funds. These funds are performing well and can be considered for long term investment.
      Also, it is good that you have allocated the money in different type of funds.

      Going forward, make sure that do not invest in lots of funds otherwise it will be difficult for you to track performance.

  271. Hi,

    I read your post and saw your comments. I think you are doing a great job.

    I would like to present my case and hope you get chance to reply:
    Info: I am 32yrs old living in Mumbai. Married with no kids yet.
    Income: Rs.80,000 per month
    Life insurance: Rs.25Lakhs.
    Medical insurance: Rs.5 Lakhs
    Loans: Not at present.
    Goals: Child education and retirement.
    History: I invested in Mutual funds in 2008 but burnt my fingers and went out of market. I want to come back in a planned way this time.

    Investment Plan:
    I want to invest Rs.50,000 per month in mutual funds for 20yrs.

    Based on some research over morningstar, valueresearch and youtube videos I have compiled this list of portfolio for me.

    1) ICICI Prudential value discovery (Mid and Small Cap)
    2) Franklin India Smaller Companies (Mid and Small Cap)
    3) UTI Equity Fund (Large Cap)
    4) HDFC Balanced Fund (Balanced)
    5) Tata Balanced Fund (Balanced)

    I will be going for DIRECT plan with DIVIDEND PAYOUT option for all the above funds. If you don`t agree with this option suggestion is welcome.

    I would like your second opinion if this portfolio is fine. You may recommend other Mutual funds too if you think they are better.

    Regards,
    Rahul

    • Hi Rahul,

      1) Please let me know which mutula funds you invested in 2008 ? It is quite likely that you invested in Infrastructure funds or any ULIPs etc ?

      2) As your time horizon is 20 years, you should primarily invest in Equity funds. Are you utilising your full 80c benefit of Rs 1 lakh . where are you investing that amount.
      If you are investing in PPF etc , then you already have invested in fixed income products, so this 50000, you can invest in Equities fund.
      Instead of 2 balanced funds, youc an consider investing in Diversified equity funds – UTI MNC Fund, Franklin High Growth Cos

      3) Also, it is better to invest in “GROWTH” option rather than “Dividend option. Becuase in growth option, your money will accumualte.

  272. Hi Vivek,

    Been regular reader of your comments and feedback. Doing Awesome Job!.

    I’m a newbie in Investments, from this month planning to start investments through SIP, below I’ve choosen
    * Tata Balance Fund- Growth (2K/Month for 36 Months)
    * SBI Blue Chip Fund(2K/Month for 37 Months)
    * Franklin India Tax Shield Growth(2K/Month for 36 Months)

    Please suggest, above mentioned are good, since investing in ELSS has 80C benefits and till date, I don’t have any tax saving schemes(Isurance, PPF etc).. So instead of SBI Blue Chip, want to swap to Axix Long Term Equity Fund- Growth.

    Waiting for your suggestions.

    Thanks,
    Arvind

    • Hi Arvind,

      1) How much you need to invest to claim the full 80C benefit of rs 1.5 lakhs. note that PF, LIC amount, PPF also come under this limit.

      2) What is your time horizon for these investment? How long you can remain invested? whether you will need this money after few months / years

  273. hi vivek,

    I have following funds sIP since last 3 years. please let em know if I should continue or stop

    hdfc top 200 — direct G — 1000
    sbi emerging businesses fund — direct G– 1000
    icici pru top 100 — direct G- 2000
    icici pru dynamic fund — direct G– 2000

    • As you already have 1 large cap fund, you can select one small/mid cap fund from the list above. (may be replace of HDFC top 200)

      The fundsa re good and can be considered for long term investment.

  274. Hi Vivek ,
    Can u pls answer my queries…..awaiting ur reply.

  275. I am already investing in Mutual funds for the last 7 yrs with good returns and most of the stocks mentioned above or recommended by you.Now i want to diversify a little bit. Will it be advisable to invest in NIFTY ETF for better returns on long term horizan

    • Hi Chinmoy, Good to hear that you have made handsome returns.
      It will be good to share your experience with other readers. Feel free to drop me a detailed note, whrn you get time as an advice to other readers.

      Nifty EFT is passive investment as it tracks Nifty. Actively managed funds have chance to get higher returns (though higher risk) as the fund manager make investment based on his views to generate alpha returns (over and above index returns)

  276. Hi,
    Please advice is it good to hold or switch from SBI Magnum emerging business mutual Fund? I am doing SIP in this fund since 2011.

    Thank you
    Rgds
    -Minakshi

  277. I’ve recently come across a news regarding a new system NACH will replace the current system – ECS. I’ve also received an email from one of the KRA to register a one time mandate (OTM). Are this OTM and NACH are the same thing or different? They are required to ge registered at Fund level/Fund House Level or KRA level ? In any case if I register a mandate (OTM/NACH) for say a limit of 10K daily; than it would be 10K per transaction (fund/fund house/KRA) or 10K total for that day ? Further if say I do I lump sum purchase of 50K, shall my transaction be processed successfully or shall it be rejected based on the 10K/day limit set by the mandate ?

    • Hi Amit,

      NACH has replaced the old ECS system.
      OTM (One time mandate) is form given to each mutual fund house, whereby you defined the maximum amount that you intend to invest each time. Once the OTM is sgined and registered with bank (say for Rs 10000), then every time you want to start a new SIP, you just have to give request to MF and it doensnot require separate registration with bank. This will reduce time in SIP processing.

      If you say max 10K, then the limit is each individual investment amount.

      • Thank you Vivek for the quick response;

        Reading your answer, should I understand that NACH would be the default (and perhaps the only option) for at least the ‘Auto-Debit’ mandates like SIP and lump-sum purchase within the set limit; and the investor will, by default, have to provide the OTM.

        Pl correct me if my understanding is wrong.

        • Going forward, OTM will be the primary option. Currently SIP form has also the direct debit mandate for that particular SIP.

  278. Hi Vivek,
    I am follower of your site, your articles and suggestions are really useful, thanks for it.
    I am 30 year old and have 2 year old son. Would like to hear your suggestion on my investment plan which is for my child education, marriage and my retirement for 20 years.

    PPF- 1.5Lakhs. My PF is around 90K/year.

    I am planning to invest 20k in MF through SIP (direct). I filtered below funds,

    Small and Mid-Cap: (10k)
    Franklin (I) Smaller Cos (G) – 2500
    UTI Mid Cap (G) —-5000
    DSP-BR Micro Cap Funds (G) – 2500

    Large Cap Funds: (6k)
    Franklin India Opper —- (3000)
    UTIL Equity Funds (G) — (3000)

    Diversified Funds: (4k)
    UTI MNC Fund —– (2000)
    Franklin High Growth Cos (G) —-(2000)

    Should I have to go for Debt and Balanced fund, if so please suggest fund names and allocation format.

    Thanks
    Sankar

  279. Hi Vivek,

    Thank you for a wonderful article.

    I would like to invest 50 K per month to reach my children educational commitments from 7 to 10 years.

    Below is my portfolio, please help if its right

    SBI Blu Chip – 5K
    Franklin Prima Plus – 5 K
    Franklin Smaller companies – 5 K
    UTI Midcap 5K
    HDFC Balanced 5 K
    BSL Frontline Equity 5 K
    SBI Mid cap 5 K

    Please suggest if above is fine.

    And iam not able yo decide how to plan for remaining 15K on which funds to choose.

    • Hi Shiva, You should allocate the 50K investment for long term as follows:

      Rs 30K in Mid/small cap
      Rs 10K in Large cap
      Rs 10K in Diversified

      Based on above allocation, you can select funds from the post above, where some of the best performing funds are listed.

  280. hi vivek

    i have been investing in mutul from jan2015. heare are the split pls let me know do i need to change my portfolio

    Birla sunlife manfacturing mutulfund—Rs.5000/-(monthly)
    Birla sunlife mnc fund—-Rs. 1000/-(monthly)

    • Birla sunlife manfacturing mutulfund is a SECTOR fund and it seems that you have high allocation to this. If your total Mutual fudn investment is Rs 6000 per month in total , then you should reduce the investment in sector fund.

      Birls Sunlife MNC fund is small/mid cap fund and you can consider to continue investment in it.

  281. Thank you for great information. This is very helpful. I recently started investion in MF.
    I am also maintaing the

  282. Hi, I just wan to know that historically how much time a NFO needs to start performing??Is there any avg available?? The background of my question is bcz, I have invested in Reliance Retirement Fund (G) through NFO. I have done a SIP of Rs1000 and have invested for 2 years now. But currently I am getting an absolute return of 9% and NAV of 11.

    Also, I would like to know that I invest Rs. 60K per year in ELSS and it takes care of my 80C limits. If I want to invest another 30K-40K per year, which are the funds I should target.