Greetings of the day! With reference to your article below, 

Read this article https://www.rediff.com/getahead/report/omkeshwar-singh-help-me-build-a-mf-portfolio/20221103.htm 

Would you please advice on my mutual fund portfolio for any additions or changes or switches? 

Here are my goals: 

Car: 20 lakh down 5-6 years

Child one education: 50 lakh

Child two education: 50 lakh

Health reserves: 50 lakh

Retirement: 10 crore 

My monthly salary is 1.8 lakh. I pay pf 1.2 lakh per year, NPS tier1 70k per year, LIC policies: 1.3 lakh per year. 

Advice on portfolio please. 

DSP TAX SAVER FUND-GROWTH: 1500 sip

MIRAE ASSET EMERGING BLUECHIP FUND-REGULAR PLAN-GROWTH OPTION:2000 sip

HDFC HYBRID EQUITY FUND REGULAR PLAN GROWTH :2000 sip

TATA DIGITAL INDIA FUND REGULAR PLAN GROWTH:2500 sip

ICICI PRUDENTIAL COMMODITIES FUND GROWTH: 2500 sip

UTI MID CAP FUND-GROWTH PLAN:3000 Sip

EDELWEISS RECENTLY LISTED IPO FUND-REGULAR PLAN-GROWTH: 2500

UTI FLEXI CAP FUND-REGULAR PLAN-GROWTH:1500 sip

Ans: Given your diversified portfolio and goals, maintain your current investments and gradually increase your emergency fund. Ensure your Motilal Oswal Microcap Fund addition complements existing holdings. Aim for a balanced approach, reviewing progress regularly to stay on track. Seek professional advice for personalized guidance. Predicted returns depend on market conditions and fund performance. Adjust contributions as needed.

Ramalingam, MBA, CFP
Chief Financial Planner

Ans: Given your goal of building a retirement corpus of 2 crores in 10 years and your current portfolio, here are some suggestions:

Increase SIP Contributions: Consider increasing your SIP amounts in high-performing funds like Parag Parikh Flexi Cap and PGIM India Midcap Opportunities Fund, which have shown good potential for long-term growth.

Review and Consolidate: Evaluate the performance of all your funds and consider consolidating your portfolio to fewer, well-performing funds to simplify management and potentially enhance returns.

Focus on Quality: Prioritize funds with strong track records, consistent performance, and experienced fund management teams. Consider adding large-cap and diversified equity funds for stability and balanced growth.

Asset Allocation: Ensure a balanced asset allocation across equity, debt, and gold funds based on your risk tolerance and investment horizon. Reallocate surplus funds strategically to maintain a diversified portfolio.

Regular Review: Monitor your portfolio regularly and make adjustments as needed based on changes in market conditions, fund performance, and your financial goals.

Consider consulting with a financial advisor for personalized advice tailored to your specific circumstances and goals.

Ans: However, it's important to consider the risk associated with each category and ensure it aligns with your investment goals and risk tolerance. Mid-cap and small-cap funds, for example, tend to be more volatile but offer higher growth potential, while large-cap funds provide stability.

Given your current portfolio, you might want to review the performance of each fund and assess if any adjustments are needed. Consider factors like fund manager expertise, track record, expense ratios, and portfolio holdings.

Additionally, it's always a good idea to periodically rebalance your portfolio to maintain your desired asset allocation and risk profile.

Lastly, consider consulting with a Certified Financial Planner who can provide personalized advice tailored to your financial goals and circumstances.

With careful monitoring and strategic adjustments, you can optimize your mutual fund portfolio for long-term growth and stability.