Need mutual fund suggestion
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I want to create a Mutual Fund SIP of Rs 5000 monthly for the next 20 months, need suggestion on choosing the best alternative. i want to have a mixed ratio of debt and equity, so that it is comparatively secured as well as decent return generating. I have Demat account both with ICICIDirect and Zerodha. Coin by Zerodha lets us invest in mutual fund without charging any commission over it. Any suggestion is highly appreciated.
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i will invest 5000 pm in 20 months which amounts to rs 100000 , then will stop the SIP and want to keep as it is for 7-8 years. Possible?
Please invest asap so that cams touches 4k now 
Parag Parikh Long Term Equity Fund is something I have seen do well over time.
You can find their portfolio here – https://amc.ppfas.com/downloads/portfolio-discl...
Is it possible to close a mutual fund folio? @Ramta_Jogi @guest_999
No. Even empty ones continue as they are. You can merge them but not close them
Assuming your intention was to invest all 20K in MFs, a better alternative could have been that you might have split it into 4 chuncks of 5K each, and then invested them in different category of MFs like one for bluechip, another one for this one, one for small cap and maybe one for index funds; something of this sort… Always remember, never put all your eggs in a single basket.
@thunderguy @Ramta_Jogi @malikcool @guest_999 Guys, can we modify the date of SIP ? I have a couple of SIPs of different AMCs directly invested from their own website via SIP route, but I had set all of them to 1st of the month, I would like to spread them over the 30days, so say some on 1st, some 10th, some 20th, something like this, so that it reduces/diversifies my portfolio risk. I know it might not make much of a difference over long term investment, but still to be diverse, I would like edit my SIP transaction dates. Any idea how do I proceed with this ? I didn’t find much on AMCs website to modify the dates, is it some offline/paperwork process or can it be done online itself which I might be missing, or maybe some other way (closing down old one and creating a new one is also one way, but don’t want to go via this route).
Some allow you to do this, some don’t. FT is the only one which did – last i checked.
You can always cancel old ones and set up new
@BlueFlash Depending on your AMC you can do it either online or offline via SIP transaction slip.
Well, It depends on your risk appetite.
Way 1: if you are risk averse and don’t want funds for next 7-8 years then RBI Floating rate bonds offer 7.15% and you will get that interest half yearly.
Way 2: If you are risk averse but want to have access to funds as well then go for short term bond funds ( Interest rate hike risk is there, but the risk to further get down in duration risk will lead to significant lower interest so short term debt makes sense). But you mentioned that you will leave funds for 7-8 years to grow, so at correct time you need to switch to longer duration funds as RBI rates hikes peaks out. It requires a bit of timing if you are not sure of doing that then you should go for a good dynamic bond fund.
Way 3: Moderate risk 25% Equity, 75% debt.
Way 4: Moderate risk Multi asset approach : 35% Equity, 10% REIT, 10% SGB, 45% debt.
Note : In moderate risk approach go for only Bluechip large cap funds( don’t play sectoral or lower caps), Debt – Short term or ultra Short term or if funds not required for 7 years then RBI FRB should do.
If you are thinking of taking risk higher than this then you must be financially knowledgeable person or you should seek some good financial advisor.
* I am not a financial advisor so risk is yours own if you follow me.
BlueFlash Ramta_Jogi Have decided to invest my 65% of lumpsum amount in Mirae ELSS and 35% in Quant ELSS. Mirae has 75% of large cap wherein Quant has just 45% in large cap but returns are good. Hence dividing the amount based on risk appetite.
I will be investing this in three installments from Jan to March. From April 22, will begin SIP to avoid this last minute confusions. Any inputs?
Quant AMC/ Quant funds only do well in rising markets/ bull runs. If you want to see how well it actually did then compare returns not from March 2020 – Jan 2021/ Jan 2022 but from Jan 2017 – Jan 2020 when market/economy was more or less stagnant.
As much as i get swayed by Quant returns, i just can’t leave all to “AI bharose”.
Mirae ELSS, at present, has higher allocation to large caps because, in the face of a third wave or Fed rising rates, the large caps alone would provide stability to an otherwise spooked up market. A few funds in my portfolio are also holding 10-15% cash.
Delay your lumpsum investment to March last week this time around.
Just my 2 cents.
Quant also had a change of FM in 2020.
20 month is very less for equity mutual fund sirg