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Vivek

Vivek Lala

Tax, MF Expert 

184 Answers | 22 Followers

Vivek Lala has been working as a tax planner since 2018. His expertise lies in making personalised tax budgets and tax forecasts for individuals. As a tax advisor, he takes pride in simplifying tax complications for his clients using simple, easy-to-understand language.
Lala cleared his chartered accountancy exam in 2018 and completed his articleship with Chaturvedi and Shah. ... more

Answered on Aug 19, 2023

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Hi We are doing our investments in Mutual Funds. Currently we save about 30% of our net income in Mutual Funds, 50% in FDs, 15% in PPF and 5% of our income post taxes, expenses and EMIs. We are looking at mutual fund investments for a time horizon of 20 years. We investment every month equally in these schemes: 1. Index (ICICI, Kotak, UTI, HDFC) 2. Large Cap (ICICI, Mirae Asset) 3. Mid Cap (HDFC, Mirae Asset, Kotak) 4. Small Cap (HDFC, Kotak, ICICI) 5. Flexi Cap (HDFC, ICICI, Kotak) 6. Multi Cap (HDFC, ICICI, Kotak) 7. Hybrid (ICICI, HDFC, Mirae Asset) 8. Large and Midcap (ICICI, Kotak) 9. Additional (ICICI Value Discovery) Would like your views on this. I can take some risks since we are additionally saving in FDs as stated above.
Ans: Hello, as per the data given by you, assuming you are 35 years old , you have about 20 years to build a corpus and you will have regular income till then. As per that my suggestion would be as follows :
Out of Rs.100 to be invested by you, you should invest - 20% in small caps, 20% in mid caps, 20 % in large and mid caps, 20 % in thematic funds and 20% in debt funds/ hybrid funds.
Eliminate 100% of FD's and park that existing money in debt funds or split it between debt and equity.
You don't need index funds as they underperform by 2-7% to the active funds post expenses so it's a no brainer to go for actively managed funds.

Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.
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