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Ramalingam Kalirajan |7159 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more

Question by Harsh on Apr 14, 2024Hindi

Age 37, investing from last 1 year.I want to review my portfolio.Also want to add 5000 more sip should I add new fund or increase in existing funds. Current portfolio. Parag pareg flexi cap-7500 Hdfc index sensex plan-7500 Nippon small cap-4500 Tata small cap-2500 Kotak emerging equity -7500 Investment horizon -12+ years

Ans: Considering your investment horizon and existing portfolio, here are some suggestions for reviewing and potentially adding SIP:

Portfolio Review:
Parag Parikh Flexi Cap: Continue holding as it offers diversification across market segments.
HDFC Index Sensex Plan: Since it's an index fund, it provides stability and diversification. Consider reviewing its performance relative to its benchmark.
Nippon Small Cap and Tata Small Cap: Small-cap funds are volatile but have potential for high returns. Monitor their performance closely.
Kotak Emerging Equity: Evaluate its performance and consistency compared to peer funds in the same category.
Adding Rs 5,000 more SIP:
Consider adding to existing funds to maintain portfolio diversity and avoid overconcentration.
Since you already have exposure to small-cap and flexi-cap funds, you may consider adding to a large-cap or mid-cap fund to further diversify your portfolio.
Alternatively, you could explore adding a multi-cap fund to gain exposure across different market segments within a single fund.
New Fund vs. Existing Funds:
Assess the performance and potential of your existing funds before deciding to add to them.
If you're satisfied with the performance of your current funds and believe they still have growth potential, consider increasing your SIP amounts in them.
However, if you're looking to further diversify or explore new investment opportunities, adding a new fund with a different investment objective or strategy could be beneficial.
Consultation:
Consider consulting with a Certified Financial Planner to review your portfolio and receive personalized advice tailored to your financial goals and risk tolerance.
Regularly reviewing your portfolio and making adjustments as needed will help ensure that your investments remain aligned with your long-term financial objectives.

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