I am 32 from Indore want to start SIP of 32k with high risk appetite. Can u suggest where I can invest in MFs? Right now I have almost Rs 50,000 in Quant Small Cap and 50k in Mirae Asset Bluechip, 20k in Nippon Small Cap and 20k SIP in Paragh Parikh.

Ans: Given your high-risk appetite, you can consider investing in aggressive Equity Mutual Funds (MFs) for your SIPs. These funds invest in a mix of small and mid-cap companies that have the potential for high growth but also carry higher risk. Here are some suggestions to get you started, but remember this is not financial advice:

• Axis Small Cap Fund
• SBI Small Cap Fund
• ICICI Prudential Small Cap Fund

Disclaimer: This is not financial advice. Please consult a qualified financial advisor before making any investment decisions.

Here's why these Aggressive Funds might be suitable for you:

• High Growth Potential: Small and mid-cap companies can experience rapid growth, which can lead to high returns on your investment.
• Long-term Investment Horizon: These funds are best suited for investors who have a long-term investment horizon (ideally 10 years or more) as they can ride out market volatility.

Things to Consider Along With Aggressive Funds:

• Higher Risk: As these funds invest in smaller companies, they are more susceptible to market fluctuations and economic downturns. This means you could experience significant losses in the short term.
• Volatility: The price of these funds can fluctuate significantly, so you need to be comfortable with volatility if you choose to invest in them.
• Diversification: While aggressive funds can be a good part of a well-diversified portfolio, they shouldn't be the only ones. Consider balancing them out with some large-cap or debt funds to manage risk.

Your Current Portfolio:

It's good to see that you already have some investments in place. Here's a brief overview of what you currently hold:

• Quant Small Cap Fund: This aligns with your high-risk appetite and focuses on small companies with growth potential.
• Mirae Asset Bluechip Fund: This fund invests in large-cap companies, providing stability to your portfolio.
• Nippon Small Cap Fund: Similar to Quant Small Cap Fund, this focuses on small companies for growth.
• Paragh Parikh Flexi Cap Fund: This fund offers flexibility across market capitalization (mix of large, mid, and small cap).

Consultation with a Financial Advisor:

While I have provided some general information, it's always best to consult with a qualified financial advisor before making any investment decisions. A financial advisor can assess your risk tolerance, financial goals, and investment horizon to recommend a suitable investment strategy and specific Mutual Funds that align with your needs.

Remember, investing involves risk, so be sure to do your research and invest wisely.