Sir, I am 40 yrs male & have monthly contribution in MF in following manner: 1. Mirae Asster Tax Saving (G)- 2000/- 2. Quant Tax Plan (G)- 2000/- 3. Parag Parikh Tax Saver (G)- 2000/- 4. Canara Robeco Tax Saver (G)- 2000/- 5. ABSL PSU Equity Fund (G)- 1000/- 6. Nippon India Liquid Fund (G)- 1000/- More over I have monthly contribution to NPS: 7. Through Corporate - 3500/- 8. Individual Contribution- 4000/- (50 K/yr in total) Sir, Please review my current portfolio and also suggest MF which I want for the following horizon: A) Daughters education (UG) - 10 yrs B) Daughters education (PG) - 12 yrs c) Retirement Corpus - 20 Yrs. I can invest 20K more per month apart from the existing contribution. I am OK with moderate to higher risk as I want stay invested for 15-20 yrs. Regards, Pranjal Sarma

Ans: Hello Pranjal. Your current portfolio diversification sounds good except ABSL PSU Equity Fund. With multiple goal align in next 10-20yrs. I would suggest to consider small cap , midcap , and flexicap categories for your additional portfolio.

Ans: Currently, your portfolio is overly diversified in a similar category funds (ELSS), although the funds are well performing and have delivered decent returns till date. The ongoing SIPs in these funds will help you in accomplishing your goals along with tax savings but we recommend you to reduce the funds to two. The other funds in your portfolio are also fundamentally strong and decent performers. Hence, we recommend you to not introduce new funds in your portfolio and allocate the additional SIPs amount in the existing funds.

For your post retirements commitments, NPS is a good investment asset class as it will maintain your cashflows. You also have a decent health insurance for medical uncertainties but I recommend you to increase the term plan to 1 Cr.

Ans: Given your goal of building a retirement corpus of 2 crores in 10 years and your current portfolio, here are some suggestions:

Increase SIP Contributions: Consider increasing your SIP amounts in high-performing funds like Parag Parikh Flexi Cap and PGIM India Midcap Opportunities Fund, which have shown good potential for long-term growth.

Review and Consolidate: Evaluate the performance of all your funds and consider consolidating your portfolio to fewer, well-performing funds to simplify management and potentially enhance returns.

Focus on Quality: Prioritize funds with strong track records, consistent performance, and experienced fund management teams. Consider adding large-cap and diversified equity funds for stability and balanced growth.

Asset Allocation: Ensure a balanced asset allocation across equity, debt, and gold funds based on your risk tolerance and investment horizon. Reallocate surplus funds strategically to maintain a diversified portfolio.

Regular Review: Monitor your portfolio regularly and make adjustments as needed based on changes in market conditions, fund performance, and your financial goals.

Consider consulting with a financial advisor for personalized advice tailored to your specific circumstances and goals.