Nikunj Saraf | Answer |Ask -Follow
Mutual Funds Expert - Answered on Oct 04, 2022
Axis Blue Chip Fund (Direct Growth)-5K (Invested-134993, Currently-152935)
Axis MidCap Fund (Direct Growth)-5K (Invested-134993, Currently-149743)
Mirae Asset(Emerging BlueChip)(Direct Growth)-2500(Invested-34998, Currently-39732)
SBI Tech Fund(Direct Growth)-2500(Invested-14999, Currently-14254)
Nippon Small Cap(Direct Growth)-2500(Invested-17474, Currently-20090)
Tata Digital(Direct Growth)-2500(Invested-24999, Currently-22893)
Kindly Suggest if these are good enough. Also if I wish to add 15% of the total Amount Extra every year, should I do it in the Existing MFs, or research and go for a new One?
Goal is Wealth Creation for the Future for studies of 2 Children(3-4Cr), House(3-4Cr) and Retirement. (Adjusted for Inflation).
Also Please Advice ‘Why sectoral/Thematic Based Funds are not recommended?’
With the changing nature of the market year on year, you should first consider adding on to your existing SIPs and rearranging your portfolio. Investing in multiple portfolios is not appropriate for a portfolio.
Consider stopping sips that are below-average performers in your portfolio when you add new ones.
Sectoral/ Thematic funds are aggressive risk funds. They follow one sector or theme base companies to invest. Also, it's for the long term with a horizon of at least 8 years.
When investing in such a category, your investment proportion should not exceed 15-20% of your total investment.
You may like to see similar questions and answers below
Omkeshwar Singh | Answer |Ask -Follow
Head, Rank MF - Answered on Jun 15, 2022
Omkeshwar Singh | Answer |Ask -Follow
Head, Rank MF - Answered on Sep 08, 2021
Omkeshwar Singh | Answer |Ask -Follow
Head, Rank MF - Answered on Feb 20, 2020
Prof Suvasish Mukhopadhyay |162 Answers |Ask -Follow
Career Counsellor - Answered on Nov 22, 2024
Prof Suvasish Mukhopadhyay |162 Answers |Ask -Follow
Career Counsellor - Answered on Nov 22, 2024
Prof Suvasish Mukhopadhyay |162 Answers |Ask -Follow
Career Counsellor - Answered on Nov 22, 2024
Ravi Mittal |431 Answers |Ask -Follow
Dating, Relationships Expert - Answered on Nov 22, 2024
Ravi Mittal |431 Answers |Ask -Follow
Dating, Relationships Expert - Answered on Nov 22, 2024
Ravi Mittal |431 Answers |Ask -Follow
Dating, Relationships Expert - Answered on Nov 22, 2024
Milind Vadjikar |682 Answers |Ask -Follow
Insurance, Stocks, MF, PF Expert - Answered on Nov 22, 2024
Ramalingam Kalirajan |7101 Answers |Ask -Follow
Mutual Funds, Financial Planning Expert - Answered on Nov 22, 2024
Patrick Dsouza |862 Answers |Ask -Follow
CAT, XAT, CMAT, CET Expert - Answered on Nov 22, 2024
T S Khurana |193 Answers |Ask -Follow
Tax Expert - Answered on Nov 22, 2024
Close