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Ramalingam Kalirajan |7379 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 02, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more

Question by Sundeep on May 02, 2024Hindi

Hello Sir, greetings, I have been investigating in the below funds. Please let me know whether I should continue my SIP of 40K in these below funds for next 10,15,20 years. Investing since Apr 2023. Age 33, goals: retirement, children education and marriage. Funds: 1. Axis growth opportunities direct fund. 2. DSP Value fund direct. 3. SBI multi cap direct fund. 4. PPFAS flexi cap direct fund. 5. Quant tax saver fund direct. Reason to choose these funds to get diversified categories as well as international exposure. Adding more, like each funds strategies are different from each other. Looking forward to your answers.

Ans: It's great to see that you're proactively planning for your financial future by investing in mutual funds. Let's assess the suitability of your current fund selection for your long-term goals:

Axis Growth Opportunities Direct Fund: This fund focuses on investing in high-growth potential companies across market capitalizations. It can provide exposure to companies with strong growth prospects, which aligns with your long-term goals. Consider its performance and consistency over time.
DSP Value Fund Direct: As a value-oriented fund, DSP Value Fund seeks to invest in undervalued stocks with the potential for capital appreciation over the long term. This can complement your growth-oriented investments and provide stability to your portfolio.
SBI Multicap Direct Fund: SBI Multicap Fund offers diversification across market segments and flexibility to invest in companies across market capitalizations. Its multicap approach can provide resilience to market fluctuations and capture opportunities across sectors.
PPFAS Flexi Cap Direct Fund: PPFAS Flexi Cap Fund follows a flexible investment strategy, allowing the fund manager to invest across market caps and sectors based on valuation and growth prospects. Its international exposure can add diversification benefits to your portfolio.
Quant Tax Saver Fund Direct: This ELSS fund offers tax-saving benefits along with the potential for long-term wealth creation. Its quantitative investment approach may provide a unique investment proposition, but ensure to review its performance and risk characteristics.
Considering your goals of retirement, children's education, and marriage, it's essential to maintain a balanced and diversified portfolio aligned with your risk tolerance and investment horizon. Review the performance of your current funds periodically and assess if they continue to meet your investment objectives.

Additionally, consider consulting with a Certified Financial Planner to ensure your investment strategy remains optimal for achieving your long-term financial goals. They can provide personalized advice and help you navigate market dynamics effectively.

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