1.HDFC tax saver Direct plan Growth option -Rs.40000/-(Date of Investment 9.3.20) 2. HDFC Developed World IndexesnFund of Fund direct growth -Rs.50000/-(Dt.of Investment21.10.21) 3. HDFC Eqity Savings Fund Direct Plan Growth Option -Rs.70000/-(Dt.of Investment 21.10.21) 4.HDFC Nifty Next50 Index fund direct gowth-Rs.50000/-(Dt.of Investment 3.11.21) Please suggest about these funds. If a fund cannot contribute to wealth creation,pl. sugggest alternates.

Ans: Hello Mr. G. MuraliKrishna,

Let's review your SIP investments in HDFC Balanced Advantage Fund, Tata Retirement Saving Fund - Progressive Plan, Parag Parikh Flexi Cap Fund, and Mirae Asset Emerging Blue Chip Fund with a focus on long-term wealth creation over a 15-year horizon.

Portfolio Review:

HDFC Balanced Advantage Fund:
This fund follows a dynamic asset allocation strategy between equity and debt, aiming to capitalize on market opportunities while managing risk.
Tata Retirement Saving Fund - Progressive Plan:
This retirement-focused fund aims to provide growth through equity investments while gradually reducing equity exposure as you approach retirement.
Parag Parikh Flexi Cap Fund:
This fund offers flexibility to invest across market caps and sectors, focusing on long-term growth potential with a blend of domestic and international equities.
Mirae Asset Emerging Blue Chip Fund:
This fund focuses on emerging blue-chip companies with high growth potential, aiming to generate superior returns over the long term.
Recommendations:

Review Asset Allocation:
Ensure your portfolio's asset allocation aligns with your risk tolerance and investment horizon. A balanced approach with a mix of equity and debt can provide stability while capturing growth opportunities.
Emphasize Long-Term Growth:
Focus on funds with a strong track record of long-term performance and a proven ability to generate wealth over time. Funds like Parag Parikh Flexi Cap Fund and Mirae Asset Emerging Blue Chip Fund have demonstrated potential for long-term growth.
Consider Regular Reviews:
Periodically review your portfolio's performance and make necessary adjustments to ensure it remains aligned with your financial goals and market conditions.
Continue SIPs with Discipline:
Continue your SIPs with discipline and consider increasing contributions over time to benefit from the power of compounding. Regular investing can help navigate market volatility and capture growth opportunities.
Conclusion:

Your current SIP investments are diversified and well-suited for long-term wealth creation. Emphasizing long-term growth with a focus on funds like Parag Parikh Flexi Cap Fund and Mirae Asset Emerging Blue Chip Fund can potentially enhance your wealth over a 15-year horizon.

Regularly reviewing your portfolio's performance, ensuring a balanced asset allocation, and maintaining discipline in your SIP contributions are key to achieving your financial goals. Consider consulting with a Certified Financial Planner to personalize your investment strategy and navigate market dynamics effectively.

Remember, investing is a journey, and patience, discipline, and regular reviews are crucial for long-term success. Embrace this journey with confidence and commitment, and may your investments flourish over the years.

Ans: What is your objective and goal investing in these mutual funds?

Ans: Hello, I prefer to take some exposure in thematic funds after a person has created enough capital in basic funds like mid cap , small cap , multi cap , etc as these funds are bottom up approach whereas thematic funds are top to bottom approach. Hence themes should only be 10-15% of your portfolio and should be reviewed or watched closely.
If you intend to do an sip of 10K , you should add 3k in mid cap , 3k in small cap , 2k in multi cap and 2k in defence fund.

Let me know your thoughts on the same
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

Ans: Your fund selection shows a well-diversified approach across flexi-cap, mid-cap, small-cap, and balanced categories. However, consider reducing exposure to international funds due to currency and market-specific risks. Consulting a Certified Financial Planner like us can help tailor these allocations to your specific goals, risk profile, and investment horizon for optimal returns and balance.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment