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Kirtan A Shah |47 Answers |Ask -Follow

MF Expert, Financial Planner - Answered on Sep 11, 2023

Asked by Anonymous - Sep 10, 2023

Money

Hi sir, My age is 43 years. I am currently investing in SIPs in mutual funds, ICICI Prudential Bluechip Fund Growth (RS 2500) and Mirae Asset Emerging Bluechip Fund Growth (Rs 3000), Quant mid cap (RS 3000), Kotak equity emerging (RS 3000) and Parag Parikh flexicap (RS 4000). My risk profile is high and my investment horizon is up to the age of 55 years. I will require approx 1cr for my kid's education after 10 years and for retirement (1 cr) after 12 years. My total investments in SIP is approx 4.3 lakhs and in ppf is Rs 80000. Also I can invest up to Rs 25000/pm in SIPs. I also want to do SIP in small caps, pls suggest. Is my porfolio suitable as per my goal. Pls suggest.

Ans: For 1cr after 10 years, you need an SIP of 45,000
For 1 cr after 12 years assuming 4.3L already accumulated, you need an SIP of 27,000
You can consider SBI Small Cap

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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