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Which best mutual fund should I invest to get regular return

I have always ardently followed up on your very fruitful guidance / advise on MF investments from your site. 1) I will share with you my present monthly SIP as follows so that you may suggest if any changes need to be done (my view will be of 5 years). Question:- Suppose I need to REDUCE MY SIP from INR 15500 TO 12000, which funds shall I reduce from? Summary Synopsis: Aditya Birla Sun Life Front Line Equity Fund (G) - 5000 - %32.26, Aditya Birla Sun Life Equity Fund (G) - 1000 - %6.45, ICICI Prudential Focused Bluechip Equity Fund (G) - 4000 - %25.81, HDFC Mid Cap Opportunities Fund (G) - 3500 - %22.58, SBI Blue Chip Fund Regular Plan (G) - 1000 - %6.45, Franklin India PRIMA Fund (G) - 500 - %3.23, DSP BlackRock Micro cap Fund - Regular Plan (G) - 500 - %3.23, total MF investments in September 2017 - 15500. 2) In next 2 months I shall receive INR 4 LACS+INR 6 LACS from some matured Investments. Question:- Which MF shall I invest for good returns (I can keep the money for 5 years). Also as you advise, please bear in mind I might require SWP from 2018, so please suggest the MF which will give good returns on limp sum and later SWP. 3) In April 2018, I will get INR 15 LACS from my PPF investments. Please suggest in which MF shall I invest lump sum and later I may go for SWP (i.e one year after my Investment). Looking forward to your revered advise as always?

Sep 4, 2017 by Jita Das,   |   Mutual Fund

1. As all your SIP funds are in good funds it is difficult to point out which one to close as you want to reduce your total monthly SIP from Rs 15,500 to rs 12,000. However, I am giving the suggestions with an objective to reduce total number of funds while maintaining the balance between large cap, diversified and mid cap funds. I think, you can close the SIPs in DSPBR Micro Cap Fund, Aditya Birla Sun Life Equity fund and Franklin India Prima Fund. You can also reduce the monthly SIP amount of ICICI Prudential Focused Bluechip Fund to Rs 1,500. With these changes the total monthly SIP amount gets reduced to Rs 12,000 and the total number of funds down to 4 from 7!

2. As you are 45 and looking for regular return on your investments from 2018 or maybe little later, I think, you should focus investing more in large cap funds and balanced funds. The investible surplus that you will have next month and in April 2018 from your PPF investments can be invested in growth option of balanced and large cap funds.

3. SWP - If you are invested in above funds in growth option, starting a SWP any time you wish is easy. You just have to submit a SWP application form to the respective AMCs. However, if you are not sure what will be your regular requirement for meeting necessary expenses, instead of opting for a fixed SWP, you can also submit redemptions as and when any amount is required. However, it is important to note that you should not draw more than 8-9% annually from your total investments.

4. Choosing a top fund - Please refer the following links to choose top large cap and balanced funds

Large cap funds - https://www.advisorkhoj.com/mutual-funds-research...

Balanced funds - https://www.advisorkhoj.com/mutual-funds-research...

Thank you for the kind words about Advisorkhoj which we truly appreciate.

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