Dear Sir, I am 38 yrs old. I wish to invest in the following mutual funds:

Monthly SIP all started this year in March,2022 for 10 years

1. Quant Tax Regular Growth - 5000

2. Quant Active Regular Growth- 5000

3. Quant Absolute Regular Growth- 5000

4. Icici Technology Regular Growth - 5000

5. Icici Value Fund Regular Growth- 2000

6. Sbi Focussed Equity Regular Growth- 5000

7. SBI SMALL CAP Regular growth - 5000

8. AXIS SMALL CAP - 5000

9. Kotak Emerging Bluechip Regular Growth- 5000

10. Mirae Asset Emerging Bluechip Regular Growth- 5000

Lump sum:

1. Quant Infrastructure Regular Growth-125000 (2022)

2. Sbi Multicap Regular Growth-125000(2022) 

3. Tata Digital Regular Growth -200000(2022)

4. Aditya Birla Regular Growth-70000(2022)

I wish to build a corpus of 3 crores in 10 years.

Kindly guide if investments are fine and kindly suggest If I should merge/discontinue some funds.

Ans: Hello Meena, Your selected portfolio is well diversified and looks good. If you wish to build corpus of 2 Cr in next 10 years, I would suggest to add-on with your current sip investments to 70 k to achieve your goal or you can add on some funds annually to reach to sip investments of 70 k.

Also, I would recommend to change some of the schemes like BOI AXA & PGIM SMALL CAP to other schemes in same category.

Ans: Hi Good to see you are investing for a long time now but too many cooks spoil the party, same way you can exit Birla Frontline hdfc top 100 SBI bluechip funds and same for HSBC and dsp funds and and can add parag parikh flexi cap to your portfolio

Disclaimer me and my funds can have holdings in the suggested portfolio

Ans: Hi Mr Abhijit , glad to see you are doing investments in good funds but my suggestion kindly avoid too many funds.

all your funds are good and it makes sense that you allocate your 35 lacs in current portfolio by way of systematic transfer.

for 35 lacs you can divide it in 1. Canara Robeco Blue chip equity fund
2. Canara robeco small cap fund.
3. ICICI Prudential bluechip fund.
4. Kotak emerging equity fund

but remember small and mid caps will deliver best reyruns in long term - for 5 to 6 years time frame you can invest but should have patience to see gains later.

Ans: To build a corpus of 1 crore in 12-15 years, consider the following suggestions:

Evaluate your current SIP portfolio: Review the performance and overlap of your existing funds. Ensure that you have a well-diversified portfolio across different market segments and investment styles.

Optimize your SIPs: Assess the frequency and amount of your SIPs to ensure they align with your investment goals and risk tolerance. Consider consolidating SIPs into fewer funds to reduce complexity and transaction costs.

Increase SIP contributions: If possible, consider increasing your SIP contributions over time to accelerate wealth accumulation. Regularly review your budget and financial situation to determine if you can afford to increase your investment amounts.

Explore additional investment avenues: Consider diversifying your portfolio by adding other asset classes such as debt funds, real estate, or alternative investments based on your risk appetite and investment horizon.

Monitor and adjust: Periodically review your investment portfolio and make adjustments as needed based on changes in market conditions, financial goals, and personal circumstances. Stay disciplined with your investment strategy and avoid making emotional decisions during market fluctuations.

Consulting with a financial advisor can provide personalized guidance and help you develop a comprehensive investment plan tailored to your specific needs and objectives. They can also assist you in implementing strategies to achieve your target corpus of 1 crore within the desired time frame.