Hello, I have the following Mutual Funds Investments, request you to let me know if these can be continued with or need to discontinue any of them, also please let me know new good performing funds to invest in. One time investment: (1) ICICI/ India Opportunities Fund - Growth - ?2,50,000, (2) ICICI/ Value Discovery Fund - Growth - ?2,50,000, (3) ICICI / Transporation & Logistics Fund - Growth - ?2,00,000. SIP Monthly: (4) Axis Flexi Cap Fund - Regular Plan - ?5,000, (5) Canara Robeco Emerging Equities - Regular Plan - ?5,000, (6) Aditya Birla SL Focused Equity Fund(G) - â‚15,000, (7) HDFC Mid-Cap Opportunities Fund(G) - ?5,000, (8) ICICI Pru Bluechip Fund(G) - ?5,000, (9) Axis Small Cap Fund - Regular Plan - ?5,000, (10) ICICI Prudential Technology Fund - Growth - ?5,000, (11) L&T Midcap Fund - HSBC Midcap Fund - ?5,000, (12) ICIPRU Multi-Asset Fund - Growth - ?5,000, (13) ICIPRU Value Discovery Fund - Growth - ?5,000. Thank You.
Ans: It's great to see your diversified portfolio of mutual funds. Let's review your current investments and suggest any adjustments needed to optimize your portfolio for better performance.
One-time Investments:
1. ICICI India Opportunities Fund - Growth: This fund focuses on Indian equity opportunities. Consider its performance and compare it with similar funds in the category. If it aligns with your investment goals, you can continue holding it.
2. ICICI Value Discovery Fund - Growth: This fund aims to identify undervalued stocks with the potential for growth. Review its performance and ensure it meets your expectations before deciding whether to continue or not.
3. ICICI Transportation & Logistics Fund - Growth: This sector-specific fund targets transportation and logistics companies. Assess its performance against relevant benchmarks and consider the outlook for the sector before making a decision.
SIP Monthly Investments:
4. Axis Flexi Cap Fund - Regular Plan: This fund offers flexibility across market caps. Review its performance and risk profile periodically to ensure it aligns with your investment strategy.
5. Canara Robeco Emerging Equities - Regular Plan: This fund focuses on emerging companies with growth potential. Monitor its performance relative to peers in the category and adjust your holdings accordingly.
6. Aditya Birla SL Focused Equity Fund(G): A focused fund concentrates on a limited number of high-conviction stocks. Review its performance and risk characteristics regularly to assess its suitability for your portfolio.
7. HDFC Mid-Cap Opportunities Fund(G): Mid-cap funds can offer higher growth potential but come with increased volatility. Evaluate its performance and risk metrics to determine if it aligns with your investment objectives.
8. ICICI Pru Bluechip Fund(G): Bluechip funds invest in large, well-established companies. Monitor its performance and consider its role in providing stability to your portfolio.
9. Axis Small Cap Fund - Regular Plan: Small-cap funds have the potential for significant growth but are more volatile. Assess its performance relative to benchmarks and consider your risk tolerance before making any changes.
10. ICICI Prudential Technology Fund - Growth: Sector-specific funds like technology can be volatile but offer growth opportunities. Review its performance and sector outlook periodically.
11. L&T Midcap Fund - HSBC Midcap Fund: Both funds focus on mid-cap companies. Evaluate their performance and risk characteristics to ensure they align with your investment strategy.
12. ICIPRU Multi-Asset Fund - Growth: Multi-asset funds provide diversification across asset classes. Review its performance and consider its role in balancing your portfolio.
13. ICIPRU Value Discovery Fund - Growth: This fund seeks undervalued stocks with growth potential. Monitor its performance and ensure it complements your overall investment strategy.
Consider consulting with a Certified Financial Planner to review your portfolio comprehensively and tailor it to your financial goals, risk tolerance, and investment horizon.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in