You are right that when a new fund is launched we do have history to fall back on to gauge its performance. Hence, there is some risk. This scheme of Taurus Mutual Fund has given good return and gave return of 36.91% in the last one year. Compared to that Nippon India Banking Fund has given return of 38.19% and Tata Banking & Financial Scheme has given 40.43% return. Sundaram Financial Services Scheme has given return of 41% in the  last one year.

In Taurus’s scheme, 98.97% of the AUM is invested in equity. From that 84% is invested in giant and large cap companies. 86.90% of the fund is concentrated in 10 companies. And in the coming 2 years these 10 companies have a good growth potential.

So you can continue to hold your current investment in this fund while new investment should be done in Tata Banking & Financial Fund since it has given better return in the peer comparison we saw above and also to diversify your portfolio.

The fund was launched in September 2021 and since then it has given return of 15.30%. Benchmark for this fund is BSE 500 Index and AUM is only Rs. 840 crores. In the last one year return of 25.18% has been earned , in the last six months return of 8.12% has been earned (compared to the benchmark of 3.54%).

We should also do a peer comparison while making the investment decision. ICICI Value Discovery Fund manages a huge AUM of Rs. 29319 crores. It has given return of 30.14% in the last one year. SBI Contra Fund has given return of 36.79% and Bandhan Sterling Value Fund has given return of 35.18% in the last one year. In the last six months and three months duration, Canara Robeco Value Fund has given good returns. So you have two options : 1. Invest in the Canara Robeco Value Fund OR 2. Invest in SBI ContraFund

SBI Magnum Midcap Fund has shown a very good performance. The fund was launched in 2013 and benchmark for this fund is Midcap 150 Index. Since its launch, it has given an annual return of 19.77% and in the last five years it has given an annual return of 18.82%. In the last six months also, while the benchmark has given return of 9.15%, this fund has given return of 14.02%. Fund has invested 79.23% in the midcap and smallcap shares. Largecap shares constitute 19.58% of the AUM.

61 companies are part of the portfolio. Sectors include automobile, capital goods, financial sector, services sector and textile sector. Comparing this to the other funds in this category, HDFC Midcap Opportunity Fund has given return of 47.50% in the last one year. In the other time periods also, HDFC Midcap Opportunity Fund has given equally good returns as the SBI Magnum Midcap Fund.

So we recommend you invest Rs. 1 lac now in the HDFC Midcap Opportunity Fund. This will also diversify your risk.

Groww has become popular among people working in the share market and now they have also launched mutual fund schemes. The company is managing AUM of Rs. 96 crores which is very low. But compared to other funds, the rate of return generated by them is very low.

The benchmark for this fund is Nifty 100 Index. Fund manager takes 1.27% as expenses , which is on the higher side. Fund has given return of 13.35% in the last ten years , whereas the benchmark has given return of 14.54%.

Return in the last three years is 19.86% , whereas benchmark has given return of 24.01%. Similarly, even in the one year time frame, fund has given less return than the benchmark. If we compare the performance of Groww with other funds , then also the fund is underperforming.

This shows the weakness of Fund Manager. You can withdraw your funds.

The fund was launched in Janaury 2013 and since then the fund has given return of 15.54% and this return is double that of bank deposits. This open ended fund has an AUM of Rs. 3751 crores.

A quick glance shows that the fund has given good returns, but a deeper study shows that the fund has been underperforming the benchmark.

Thanks for your question. First, We suggest installing our App: Chanakya mf guidance from Google play store in your phone, so that all updates can be easily studied by you.

You wish to invest for the education of your beloved child. As per our study, Nippon India Small cap fund has provided exceedingly high returns since last 10 years. So, pl. go for the same. Or you may chood Kotak Multicap Fund, which has strong performance.

Thanks for your question. First, We suggest installing our App: Chanakya mf guidance from Google play store in your phone, so that all updates can be easily studied by you.

At present the flavor of the investors is Flexicap funds. Whereas we suggest either small cap fund or midcap fund, and we believe they can provide better returns. Since last 10 years, Nippon India Small cap fund has provided exceedingly high returns. So, pl. go for the same.

Thanks for your question. First, We suggest installing our App: Chanakya mf guidance from Google play store in your phone, so that all updates can be easily studied by you.

For Rs.2000 pm, we suggest either Quant Small cap fund or Nippon India Small cap fund. These two funds have given excellent returns in recent times.

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For balance Rs. 10000, We suggest Quant Small cap fund and Nippon India Small cap fund,. These two funds have given excellent returns in recent times.

Since your horizon is about 15 years, equity would be the right option . For such a lengthy time period, it is best to go for a pure equity fund such as a flexi-cap fund or even a tax-saver fund (ELSS) additionally, if you wish to claim the tax benefit from Section 80C of the Income Tax Act).

It is always a good practice to start planning for your child’s education early. Starting early can be beneficial as you can take advantage of the power of compounding. More importantly, while Rs 2,000 is a good amount to start, ensure that you keep increasing this amount a little bit every year with the rise in your income. Additionally, you can also spare and invest some amount on special occasions like the child’s birthday or whenever possible.

Lets assume, you invest Rs 2,000 every month for the next 15 years, with returns assumed at 12 per cent, you would build a corpus of Rs 10.09 lakh. But if you increased your SIP amount by 10 per cent every year (i.e., Rs 2,000 for the first year, Rs 2,200 the next and so on), you would end up with Rs 17.36 lakh. That’s a significant increase.

If you wish to accumulate higher amount at the end of 15 years, then you should allocate higher amounts as SIP every month.Invest one portion of an SIP in a large cap fund and another portion in midcap fund of some other AMC.