I am 63+ have following MF investments. Please advise which fund I should continue which one I should switch over to other funds. Going by the trend in last 33 months, I don’t find any encouraging result, will you guide me please?

1. L&T Emerging business fund growth Rs.1,000/- SIP - Money has not appreciated at all

2. Baroda Pioneer Credit risk fund Growth Rs.4 lakh

3. L&T Credit risk Fund Growth Rs.3 lakh

4. ICICI Pru Balanced Advantage Fund Growth Rs.3 lakh

5. ICICI Pru Equity & Debut fund Growth Rs.1 lakh

As I am 63+ I want to get return of approx 0.60% SWP/month. Please enlighten which fund will be suitable for me.

Name of the Fund	Category	RankMF Star Rating
Prabhat Banerjee
1. L&T Emerging business fund growth	Equity - Small Cap Fund:	1
2. Baroda Pioneer Credit risk fund Growth	Debt - Credit Risk Fund	2
3. L&T Credit risk Fund Growth	Debt - Credit Risk Fund	2
4. ICICI Pru Balanced Advantage Fund Growth	Hybrid - Balanced Advantage	5
5. ICICI Pru Equity & Debt fund Growth	Hybrid - Aggressive Hybrid Fund	3

Ans: Please continue

Ans: Hello, you are on the right path. Keep the discipline and you will reach your goal as decided by you

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!