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Get all your mutual fund related queries answered by our expert, Kaustubh Belapurkar, Director, Fund Research, Morningstar Investment Adviser, on our show Mutual Fund Corner.
Q: 29-year-old Ankit A writes us from Chennai. The SIP's that I am currently investing along with the inception date.
| Plan | Amount/Month | Investing Since |
| Kotak Standard Multicap Fund - Direct Growth | 3,000 | Sep-17 |
| Reliance Small Cap Fund - Direct Growth | 4,000 | Feb-18 |
| Canara Robeco Emerging Equities - Direct Growth | 5,000 | Sep-18 |
| Aditya Birla Sun Life Tax Relief' 96 - Direct Growth | 8,000 | Jul-18 |
Just wanted to understand if the above looks good or I need to change my portfolio. I have an investment horizon of 15-20 years. Further, is it better to reduce the amount in Reliance Small Cap to Rs 500 and invest Rs 3,500 in any other large cap/small cap fund or shall I continue with Rs 4,000 in Reliance Small Cap? Additionally, I need to invest Rs 46,000 lump sum in ELSS for 80C (FY 18 -19). Please guide between Motilal Oswal Long Term Equity Fund D (G) or Axis Long Term Equity Fund D (G).
A: Current Portfolio:
| Fund | Morningstar Category | Morningstar Rating Overall | 1 year | 3 years | 5 years |
| Kotak Standard Multicap | Multi-Cap | ÙÙÙÙ | 0.18 | 15.63 | 19.60 |
| Reliance Small Cap Gr | Small-Cap | ÙÙÙÙ | -17.05 | 15.16 | 26.04 |
| Canara Robeco Emerging Equities | Large & Mid-Cap | ÙÙÙÙÙ | -5.38 | 16.17 | 26.63 |
| Aditya BSL Tax Relief 96 | ELSS (Tax Savings) | ÙÙÙÙ | -2.30 | 13.92 | 19.73 |
Recommendations:
Increase exposure to large and multi-cap funds. Some recommendations:
| Fund | Morningstar Category | Morningstar Rating Overall | 1 year | 3 years | 5 years |
| Aditya BSL Frontline Equity | Large-Cap | ÙÙÙÙ | -3.69 | 12.12 | 15.37 |
| HDFC Top 100 | Large-Cap | ÙÙÙÙ | -0.72 | 16.57 | 15.79 |
| ICICI Pru Bluechip | Large-Cap | ÙÙÙÙ | -2.17 | 13.84 | 15.27 |
| Franklin India Equity | Multi-Cap | ÙÙÙÙ | -4.77 | 10.69 | 16.95 |
| Kotak Standard Multicap | Multi-Cap | ÙÙÙÙ | 0.18 | 15.63 | 19.60 |
| Mirae Asset India Equity | Multi-Cap | ÙÙÙÙÙ | 0.93 | 17.25 | 19.49 |
Lump sum ELSS:
We recommend you to invest in Axis Long Term Equity, a well-managed strategy by Jinesh Gopani.
| Fund | Morningstar Category | Morningstar Rating Overall | 1 year | 3 years | 5 years |
| Axis Long Term Equity Gr | ELSS (Tax Savings) | ÙÙÙÙ | 2.01 | 12.07 | 19.79 |
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