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Holistic Approach

Investors ought to approach an advisor to get a better view of their investment status

I have subscribed to five mutual funds. These are: Franklin Flexi Cap Growth Fund, Sundaram MidCap, DBS Chola Contra Fund, SBI Magnum Contra Growth and Sundaram Energy Opportunity Fund. Should I continue investing in them or I redeem?

All these five funds make it a very evenly spread portfolio. However, Franklin Flexi Cap is an average fund. Sundaram MidCap is a very good fund and DBS Chola Contra has been performing very well in the last few days and you should continue with it. SBI Magnum Contra is very impressive while Sundaram Energy is a relatively new fund. So the moment you bought it, you should look at three-to five years timeframe as it claims it would invest in companies dealing with gas and it would take time to effect returns. So, it is a special opportunity fund. Most of your fund selection is good, but you need an advisor who will holistically analyze the views of all the five funds.

Does the issuing of warrant checks, which are given on preference shares, stop after a company is closed down? Do we get a return?

Once  a company is closed down, so does everything else. The treatment of preference shares is done like debt. You are guaranteed a definite return. So until all the assets of the company are sold off, before shareholders get their money, it is necessary to complete the liabilities of preference share holders. If the company is closed down, then one can expect something, though it is again a very long legal process. 

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