Sir i am 34, i have investment in invesco india contra fund,kotak emerging equity fund,mirae asset emerging bluechip fund,nippon india multicap fund,tata equity p/e fund.Would like to ask are there any changes required

Ans: Hello Madan Rao. Looking at your portfolio. I would advice reconsider your schemes of AXIS Bluechip Fund, HDFC Top 100 Fund & Kotak Flexi cap Fund to better alternative peer schemes.

 

Ans: Hello Bharathi. Your portfolio report sounds good and well chosen. No modification is required.

Ans: Redeem deactivate funds and invest in the schemes where you have already invested

Ans: It's great to see your proactive approach towards investing at a relatively young age. When reviewing your investment portfolio, it's essential to consider your financial goals, risk tolerance, and investment horizon. While your current allocation seems diversified, it's always wise to periodically reassess and rebalance your portfolio to ensure alignment with your objectives.

Consider evaluating the performance and prospects of each fund in your portfolio. Are they meeting your expectations in terms of returns and risk management? Are there any funds that have consistently underperformed or carry higher volatility than desired?

Additionally, reassess your asset allocation strategy. Are you comfortable with the current mix of equity and index funds, or would you prefer to adjust the allocation based on market conditions and your risk appetite?

Lastly, remember that investment decisions should be driven by a well-thought-out plan rather than short-term market movements. Consider consulting with a Certified Financial Planner who can provide personalized guidance tailored to your unique financial circumstances and goals. With careful planning and periodic review, you can work towards achieving long-term financial success.

Ans: Considering your age I would recommend you to avoid pure equity and thematic funds due to volatility & high risk and shift to following fund types(one example of each type is mentioned based on 5 year returns):

Arbitrage fund: Kotak Equity Arbitrage Fund
Conservative hybrid debt fund: SBI Conservative hybrid fund
Equity Savings fund: Mirae Asset Equity Savings fund
Liquid Fund: ICICI Pru Liquid fund(6M return criteria)
Gilt fund: DSP Gilt Fund

The risks in these funds range from Low to moderately high.

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing

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