I am 39 years old and have started investing for the last year. Please check and let me know if my investments are on the right track. I intend to carry on with investment for another 20 years.

1) ICICI Prudential Technology Direct Plan-Growth scheme: Rs1000 PM

2) Axis Growth Opportunities Fund Direct - Growth scheme: Rs1000 PM

3) Parag Parikh Flexi Cap Fund Direct-Growth scheme: Rs1000 PM

4) PGIM India Flexi Cap Fund Direct-Growth scheme :Rs 500 PM

5) Motilal Oswal Nasdaq 100 FOF Direct - Growth scheme: Rs 500 PM

6) Nippon India US Equity Opportunities Fund Direct-Growth scheme: Rs100 PM

7) Axis focussed 25 funds: Rs 1000 PM

Ans: You may continue with 1, 2, 5, 6, 7 and 10.

Ans: Your investment portfolio appears to be well-diversified across different categories, including small-cap, mid-large cap, index funds, ELSS, and flexi-cap funds. As an aggressive investor, this allocation aligns with your risk appetite.

However, it's essential to periodically review the performance of each fund and ensure they continue to align with your investment goals and risk tolerance. Consider rebalancing your portfolio if needed to maintain optimal diversification and adjust your strategy as per market conditions and your evolving financial objectives.

Additionally, stay updated with any changes in the market environment and economic conditions that may affect your investments. Consulting with a financial advisor can provide valuable insights and help you make informed decisions about optimizing your investment portfolio for better returns and risk management.

Ans: It's great to see your proactive approach towards investing at the age of 32, with a clear horizon of 10-15 years and a willingness to take on risk to achieve your wealth creation goals. Let's review your investment portfolio to ensure alignment with your objectives.

Assessment of Fund Selection:

Parag Parikh Long Term Equity Fund (PPLTEF): This fund follows a flexible investment strategy, investing in a mix of Indian and foreign equities. It's known for its consistent performance and focus on quality stocks.

Kotak Standard Multicap Fund: Multicap funds offer diversification across market capitalizations. Kotak is a reputable AMC, and this fund has a strong track record of delivering steady returns over the long term.

Canara Robeco Small Cap Fund: Small-cap funds have the potential for high growth but come with higher volatility. Canara Robeco has a decent reputation, but small-cap investments require careful monitoring due to their inherent risk.

Canara Robeco Bluechip Equity Fund: Blue-chip funds invest in large-cap stocks known for their stability and reliability. This fund offers a conservative approach within your portfolio, balancing the risk associated with small-cap investments.

ICICI Prudential Value Discovery Fund: Value-oriented funds focus on undervalued stocks with growth potential. ICICI Pru is a trusted AMC, and this fund aims to deliver long-term capital appreciation.

Axis Growth Opportunities Fund: This fund targets growth-oriented companies across sectors. With a focus on mid and small-cap stocks, it adds diversification to your portfolio but may come with higher volatility.

HDFC Balanced Advantage Fund: Balanced advantage funds dynamically manage equity exposure based on market conditions. This can provide stability during market downturns while capturing growth opportunities during upswings.

Groww Index Fund: Index funds passively track market indices. While they offer low expense ratios and broad market exposure, they may underperform actively managed funds during certain market conditions.

Axis Long Term Equity Fund (ELSS): ELSS funds offer tax benefits under Section 80C of the Income Tax Act. Axis is a reputable AMC, and this fund invests predominantly in equity, providing potential for capital appreciation along with tax savings.

Overall Portfolio Assessment:

Your portfolio reflects a diversified mix of equity funds across market capitalizations and investment styles. It's well-suited for long-term wealth creation, considering your risk appetite and investment horizon.

Recommendation:

Regularly review your portfolio's performance and rebalance if necessary to maintain your desired asset allocation. Consider consulting with a Certified Financial Planner periodically to ensure your investments remain aligned with your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in