Hi, i am 47 years old and investing in following mutual funds for last 3/4 years. Pls suggest if I should continue with them or replace with other MF ? 1/ Aditya Birla SunLife MNC-G - 5000/- 2/ Canara Robecco Bluechip Equity Reg-G - 10,000/- 3/ Axis Small Cap Reg-G - 10,000/- 4/ HDFC Flexi Cap-G - 10,000/- 5/ ICICI Prudential Value Discovery (G) - 10,000/- 6/ Mirae Asset Emerging Bluechip Reg-G - 5,000/- 7/ Sundaram Midcap Reg-G (BLD) - 5,000/- 8/ Nippon India Growth (G) - 10,000/- 9/ Tata Digital India Reg-G - 5000/- 10/ PGM India Mid cap Opportunity Reg-G - 5000/- 11/ Mirae Asset BFS Fund Reg-G - 5000/-

Ans: I take it that you have these amounts as SIPs in various funds. My observations are:-

· You have about 18% of your amount in sectoral or thematic funds and these three funds are not performing. It is always better to be in diversified funds than go into narrow themes like this since they are typically cyclical and a common investor normally is not able to time entry and exit into such categories. My suggestion is to get out of them.
· Your highest allocation is to midcap funds. Except the Sundaram Midcap, other two are performing well. You may get out of Sundaram fund.
· All your other funds are performing decently.
· Your Large cap fund allocation is very low which makes your portfolio risky – you may like to have a relook at it, unless you are comfortable with high risks.
· Same way, it is also a good idea to have a good allocation to Flexicap funds. A portfolio should also be balanced for risk by having a Balanced Allocation or an Asset Allocator fund. Think about it.

Ans: It's great that you're investing in mutual funds for your future financial goals! Let's review your current mutual fund portfolio and make some suggestions:

SBI Small Cap, SBI Focused Equity, and SBI Blue Chip Fund:
SBI Funds are reputable and have a track record of performance. However, it's essential to review their performance periodically to ensure they continue to meet your investment objectives.
Nippon India Small Cap and Quant Small Cap Fund:
Small-cap funds can offer high growth potential but also come with higher risk. Ensure you have a long-term investment horizon and the risk tolerance to withstand market volatility.
Parag Parikh Flexi Cap:
Flexi-cap funds provide flexibility to invest across market caps. Parag Parikh Flexi Cap Fund is known for its diversified portfolio and focus on quality stocks. It's a good choice for long-term wealth creation.
Suggestions:

Review Performance: Periodically review the performance of your mutual funds to ensure they align with your investment goals and risk tolerance.
Diversification: Consider diversifying your portfolio further by adding funds from different fund houses or investing in different asset classes like debt or international funds.
Regular Monitoring: Keep an eye on the performance of your funds and make adjustments as needed. If any fund consistently underperforms its benchmark or peers, consider replacing it with a better-performing alternative.
Consult a Financial Advisor: Consider consulting a Certified Financial Planner for personalized advice tailored to your financial goals, risk tolerance, and investment horizon. A professional can help optimize your portfolio and ensure it remains aligned with your objectives.
Overall, your mutual fund portfolio seems well-diversified, but it's essential to monitor its performance regularly and make adjustments as needed to stay on track towards your long-term financial goals. Keep up the good work and continue investing systematically for your future!