My age is 51 and I am invested in MFs since 2013:

Franklin India Flexi Cap fund-Direct Dividend- Rs.30,000 per month

HDFC Balanced advantage fund-Direct Plan Dividend- Rs.15,000 per month

Kindly advice on the above and if I should switch to some other funds with additional investment

Ans: Please continue

Ans: You may please continue with 4 and 5 star schemes; for Equity - Focused Fund remaining below can be considered

Focused:

• Axis Focused 25 – Growth
• SBI Focused Equity Fund - Growth

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

Ans: It's commendable that you've taken the initiative to invest for both your retirement and your daughter's education. Diversifying across various mutual funds is a strategic move akin to planting different seeds in a garden. Each seed has its unique growth trajectory and potential.

However, while variety is good, it's also essential to ensure that these funds align with your financial goals and risk tolerance. Sometimes, having too many funds can complicate tracking and managing your investments. Consider reviewing your portfolio periodically to ensure it remains in line with your objectives.

As you journey towards your retirement and your daughter's educational goals, remember that patience and consistency are your allies. The world of mutual funds can be unpredictable, much like the seasons. There will be periods of growth and times of stagnation. Stay invested, stay informed, and consider seeking advice from a financial advisor to nurture your financial garden effectively.