Moneycontrol

Chat Transcript

  • Hemant Rustagi

    11 Oct - 10:00hrs

    What kind of fund one should invest now?

    Hemant Rustagi CEO,Wiseinvest Advisors

Posted By: guest:

which SIP is good to invest

Posted By: Hemant Rustagi

: SIP is a mechanism that allows you to invest in a disciplined manner as you commit to invest a fixed sum at a pre-decided fund and interval. However, it is equally important to invest in the right fund based on your time horizon. Therefore, before deciding which fund to invest in you must assign a time horizon to each of your goals. Ideally, you should be investing in debt and debt oriented funds for short term, in hybrid funds for medium term and in equity funds for long-term.

Posted By: guest:

Hello sir, I am Kunal Kulkarni and I want to ask you about MF. I am going to get my first salary next month. So I want to invest it in some good schemes. I have decided to start an SIP of 500 per month since I am new to MF. I want you to suggest me some good equity and other schemes. My risk appetite is very high and I want invest for 5 years, 7-10 years and 15-20 years.so please suggest me some good schemes.

Posted By: Hemant Rustagi

: Kunal it is great to see that you intend to start your investment process right at the start of your career. This will go a long way in ensuring that you benefit from power of compounding and true potential of an asset class like equity when you invest for long-term. Since you want to start investing with Rs.500, you may not be able to invest for all the time horizons mentioned by you. However, if you want to start investing for long-term, you can invest in Reliance Top 200 fund. As and when you decide to increase investment account, you can add fund suitable for different time horizons.

Posted By: guest:

Need help for investment SIP on monthly basis for 10 years, i am able to invest 5000 per month up to 10 years,

Posted By: Hemant Rustagi

: Since you intend to invest for a period of 10 years thru SIP, well diversified equity funds would e ideal for you. You can consider investing in Kotak Select Focus (3000) and HDFC mid-cap opportunity fund (2000).

Posted By: guest:

which is the best mutual funds for SIP to 7 years.

Posted By: Hemant Rustagi

: Considering that your time horizon is 7 years and you intend to invest thru SIP, you can opt for a combination of balanced fund and well diversified large cap oriented multi-cap equity fund. You can invest 50 percent in each of these funds. The recommended funds are Reliance balanced fund and Motilal Oswal most focused multi-cap 35 fund.

Posted By: guest:

Hi, I want to Invest Rs 5000-10000 in SIP for longterm(10yrs) for kids education, kindly suggest some good funds which can give me good returns . It can be mix of aggressive moderate type of funds.

Posted By: Hemant Rustagi

: You can invest in equity funds. The recommended funds are L& T Value fund and Kotak select focus fund.

Posted By: guest:

I have invested in the following funds. I want to invest more and need financial advise to pickup the right funds to invest long term. Can you please let me know what funds are good? Should i need to pick more small-cap funds or mid-cap funds. Im willing to pay for getting good financial advise.. ESGP-Axis Equity Saver Fund Growth, TSGP-Axis Long Term Equity Fund - Growth, BSL Tax Relief 96 Fund- (ELSS US 80C of IT ACT) - Dividend-Regular Plan, DSP BlackRock Tax Saver Fund - Regular Plan - Dividend, Franklin India TAXSHIELD - DIVIDEND, ICICI Prudential Long Term Equity Fund (Tax Saving) - Dividend, and SBI Magnum Tax Gain Scheme - Regular Plan - Dividend

Posted By: Hemant Rustagi

: All the funds in your portfolio belong to ELSS category. Considering that there is a mandatory lock-in period of 3 years, you can`t make any change before that. However, I would like to point out that you have too many funds. Out of all these funds Axis long-term, BSL tax plan, DSPBR tax saver have been doing well. As for investing in non-ELSS funds, I have already recommended a few funds earlier in the chat.

Posted By: guest:

Please large good pick in large, multicap and balanced funds. Is Mid and Small cap safe to invest considering market touching 32K

Posted By: Hemant Rustagi

: In the large cap you can consider Mirae asset India opportunity fund and Reliance top 200. For multi-cap my recommendations are kotak select focus and Motilal oswal MOST 35. In the balanced fund category, you can consider Reliance Balanced fund and L & T Prudence fund.

Posted By: guest:

hi sir, my age is 49 year and i am investing through SIP in SBI bluechip fund 5000, HDFC midcap OPP fund 5000, Franklin Opportunity fund 5000 and DSP blackrock microca fund 5000. My horizon is for 5 years. Kindly let me know that the funds are OK or not?

Posted By: Hemant Rustagi

: You have selected good funds and hence you can continue with them. However, it would be better if you can invest in these funds for another few years to benefit from the true potential of these funds.

Posted By: guest:

Please large good pick in large, multicap and balanced funds. Is Mid and Small cap safe to invest considering market touching 32K

Posted By: Hemant Rustagi

: I have already recommended funds in these categories. As for investing in mid and small cap funds is concerned, if you pick a good fund and invest systematically in the right proportion to your overall investment, you can enhance your overall portfolio returns. If you invest for long-term systematically, the current market level should be much of your concern.

Posted By: guest:

Since Market is on High, can we start mutual fund investments now

Posted By: Hemant Rustagi

: Overime markets will go up further, albeit with different level of volatility from time to time. The, therefore, is to follow asset allocation model that allows you to invest in different asset classes based on your time horizon. Even when you decide to invest in equity funds, a strategy of investing for long-term and systematically will ensure that you benefit from "averaging" and earn healthy returns. Therefore, you must ignore the current market levels and begin your investment process.

Posted By: guest:

WHICH IS BEST MUTUAL FUND FOR ONE YEAR

Posted By: Hemant Rustagi

: For one year period, you can invest in funds like ultra-short term income funds and arbitrage funds, depending upon your nominal tax rate. IF you are liable to pay tax of say 20 or 30 percent, growth option in an arbitrage fund will be ideal. otherwise, you can opt for ultra-short term income fund like ICICI Pru flexible income fund.

Posted By: guest:

Sir, Can you please let me know, which MF SIP is good where i can get 20-25 return. Time Horizon 10 Years

Posted By: Hemant Rustagi

: For a time horizon of 10 years, you can invest in well diversified funds. I have already recommended a few funds. However, you must have realistic expectations from our investment. having unrealistic expectations can make you take some haphazard investment decisions that can take you beyond your risk taking capacity.

Posted By: guest:

Hi Hemant, I do not have a stable job, but get a handful of money while on the job, which makes difficult to follow SIP. So i want to go for a bulk investment like 200K one time. Is this a good approach or shall i keep the amount in Bank and pay out as per SIP plan like 20000x10 months?

Posted By: Hemant Rustagi

: Since you are not in a position to commit invest at a pre-determined interval, my recommendation would be to go for a combination of lump sum ( around 30 percent) and Systematic Transfer Plan (STP) over the next 6 months. However, remember that the key factor is to select the funds based on your time horizon.

Posted By: guest:

Hi, Markets are very high in current time, would like to invest in mutual fund for minimum three year @ 10 thousand per month. pl suggest which mutual fund is good for me for three to four years time.

Posted By: Hemant Rustagi

: I don`t think it is a good idea to keep looking at the market level while making investment decisions.You need to focus on your time horizon and follow a disciplined investment approach. Since your time horizon is 3-4 years, you can opt for a combination of kotak equity savings and HDFC equity savings fund.

Posted By: guest:

Hi Sir, What all funds one should look at for investing in such a bull run on the market?

Posted By: Hemant Rustagi

: As already explained, the most important factor is your time horizon and risk profile. While selecting funds, focus on those that have a consistent performance track record.

Posted By: guest:

Good moring sir..need to invest some debt kind of fund...but dont know the horizon it could be 6 month or could be 1-1.5 year..but dont want to go for liquid kind of fund.kindly suggest...

Posted By: Hemant Rustagi

: Having a fix on your time horizon is important while making an investment decision. Assuming that your time horizon is 6-12 months, you can either invest in ultra-short term income fund or arbitrage fund ( depending upon our tax rate as already explained)

Posted By: guest:

I have MIRAE ASSET EMERGING BLUECHIP FUND,RELIANCE GROWTH FUND,RELIANCE SMALL CAP FUND,BIRLA SUNLIFE FRONTLIFE EQUITY FUNd,SBI BLUE CHIP FUND, ICICI VALUE DISCOVERY FUND, DSP BLACKROCK MICRO CAP FUND, MIRAE ASSET INDIA FUND,L T INDIA VALUE FUND, FRANKLINE INDIA SMALLER COMPANY. All are direct growth. Are they good? I haveto plan for more than 10 year of investment. Please evaluate these fund. please suggest if some more are there.

Posted By: Hemant Rustagi

: You have built a good portfolio and hence continue to invest in them rather than adding more funds.

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