Below are the details of my portfolio. I need your assessment if I am on track.

Name of funds:

Mirae Asset Large Cap fund - Monthly SIP INR 4000/- since Jan 2020. 

Current value INR 80896/-

Axis Bluechip fund - Monthly SIP INR 2000/- since Jan 2020. 

Current value INR 36547/-

Tata India Tax Savings fund - Monthly SIP INR 2000/- since July 2017. 

Current value INR 1.23 lakh/-

Kotak Flexi Cap fund - Monthly SIP INR 2000/- since Jan 2020. 

Current value INR 32652/-

Parag Parikh Flexi Cap fund - Monthly SIP INR 2000/- since Feb 2021. 

Current value INR 6292/-

Besides that, I invest in below as well:

Sukanya Samriddhi Yojana - INR 12500/- monthly since 2020.

NPS - INR 12500/- in Tier 1 since 2014 & INR 12500/- in Tier 2 since 2021

FD - INR 20 lakhs since Jan, 2019 @ 5.25% interest. 

Goals:

1- Daughter’s higher education:  

17 years away, Amount needed around 1 crore

2- Daughter’s marriage:

26 years away, Amount needed around 1.2 crore

3- Retirement:

31 years away, Amount needed around 8 crore

Ans: Too many funds, however most are good funds.

Do a goal based planning and attach schemes to goals, that way there will be discipline.

One set of investment with multiple goals is not advisable.

Ans: Too many funds, however most are good funds.

Do a goal based planning and attach schemes to goals, that way there will be discipline.

One set of investment with multiple goals is not advisable.

Ans: Too many funds, however most are good funds.

Do a goal based planning and attach schemes to goals, that way there will be discipline.

One set of investment with multiple goals is not advisable.

Ans: Crafting a Comprehensive Financial Roadmap for Early Retirement and Children's Education
As a 39-year-old with a robust investment portfolio and a clear vision for early retirement and children's education, your proactive approach towards financial planning is commendable. Let's conduct a thorough review of your current portfolio and chart a strategic path towards achieving your aspirations.

Evaluating Your Investment Portfolio
Your investment portfolio exhibits a diversified mix of mutual funds, direct equity, NPS, and recurring deposits, reflecting a well-rounded approach to wealth accumulation. With a monthly SIP commitment across various funds and a substantial lump sum investment, you've positioned yourself for long-term growth potential.

Analyzing Asset Allocation and Risk Management
The allocation towards mutual funds spanning flexi-cap, momentum, index funds, and multi-cap categories demonstrates a balanced approach towards capital appreciation and risk mitigation. Additionally, the inclusion of direct equity and NPS further enhances portfolio diversification and resilience against market volatility.

Assessing Debt Obligations and Financial Commitments
While your housing loan entails a manageable monthly EMI of ?15,000, it's essential to evaluate its impact on your overall financial health and retirement planning. Striking a balance between debt repayment and wealth accumulation is paramount to ensure sustained progress towards your financial goals.

Planning for Early Retirement and Children's Education
Your aspiration for early retirement necessitates a proactive savings and investment strategy, augmented by prudent asset allocation and systematic contributions to long-term wealth-building avenues. Additionally, earmarking funds for your children's education underscores your commitment to their future well-being and academic pursuits.

Providing Strategic Recommendations
To align your portfolio with your overarching objectives of early retirement and children's education, consider the following recommendations:

Optimize Asset Allocation: Review and rebalance your portfolio periodically to ensure alignment with your risk tolerance and investment horizon.

Prioritize Debt Repayment: Explore strategies to expedite housing loan repayment while maintaining a steady pace of wealth accumulation towards retirement and education goals.

Maximize Tax-Efficiency: Leverage tax-saving opportunities offered by instruments like NPS and equity-linked savings schemes (ELSS) to optimize your tax liabilities and enhance overall returns.

Enhance Contingency Planning: Ensure adequate emergency funds and insurance coverage to safeguard against unforeseen expenses and mitigate financial risks.

Conclusion: Navigating Towards Financial Freedom and Family Well-being
In conclusion, your proactive approach towards financial planning, coupled with a diversified investment portfolio and clear goals, lays a solid foundation for achieving early retirement and securing your children's education. By adhering to a disciplined savings regime, prudent asset allocation, and strategic decision-making, you're well-positioned to navigate the journey towards financial freedom and family well-being with confidence.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ans: For your mother’s ?20L corpus currently earning 7% in a savings account, you may consider the following low-risk alternatives to enhance returns without compromising liquidity:

1. Senior Citizens’ Savings Scheme (SCSS):

Interest ~8.2% (revised quarterly).

Lock-in of 5 years, extendable by 3 more.

Quarterly payouts ideal for regular income.

2. Post Office Monthly Income Scheme (POMIS):

Interest ~7.4% monthly payout.

Lock-in of 5 years.

Up to ?9L can be invested per individual.

3. Bank Fixed Deposits (Senior Citizen FD):

Many banks offer 7.25%–7.75% for seniors.

Monthly/quarterly interest payout available.

Consider laddering for liquidity.

4. Low Duration or Arbitrage Mutual Funds (Optional):

For slightly higher return with low volatility.

Can be considered for ?2–3L max if you're comfortable with mutual funds.

Recommendation:
Keep ?1–2L in the savings account for liquidity. Invest ?9L in SCSS and balance in POMIS or a senior citizen FD. Ensure nominees are registered. Continue crediting ?20K rent to the same account for monthly cash flow.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment