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Ulhas Joshi | Answer |Ask -Follow

Mutual Fund Expert - Answered on Mar 28, 2023

With over 16 years of experience in the mutual fund industry, Ulhas Joshi has helped numerous clients choose the right funds and create wealth.
Prior to joining RankMF as CEO, he was vice president (sales) at IDBI Asset Management Ltd.
Joshi holds an MBA in marketing from Barkatullah University, Bhopal.... more

Question by avinash on Mar 17, 2023Hindi

Money

hello sir, i am investing in following mutual funds from last one year with following SIP's with a goal of 3 Cr in next fifteen years: please advice me whether to change or continue with same funds: 1. Axis small cap fund (direct-G)- Rs.10000 monthly; 2. Canara Robecco Bluechip equity fund (direct-G)- Rs.6000 monthly; 3. PGIM midcap opportunities fund-(direct-G)- Rs.10000 monthly; 4. SBI multicap fund (direct-G)- Rs.5000 monthly; 6. Sundaram flexicap (direct-G)- Rs.2000 monthly;

Ans: Hello Avinash. Thank you for writing to me. You can continue to invest these funds.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Hi Nikunj , I am 38 years old and only from Jan’23 started SIP in mutual funds .My current financial need and my investment is below . I can afford 15% step up every year. My retirement - 4 cr @ 60 years of age Quant Active Fund - 3000 ICICI Prudential Large and mid cap fund - 2500 Hdfc retirement savings fund - equity plan - 2500 Sbi contra fund - 2500 Canara robeco small cap fund - 2500 Please confirm if these funds are all right or need be changed or do i need to invest more

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Hi Ulhas, I have done sip in below mutual funds & looking for to invest for 15-20 yrs. 1. Parag Parikh flexi cap fund 9000 2. Mirae assets flexi cap fund 2000 3. ICICI prudential psu equity fund direct growth 3000. Kindly suggest if I continue with these funds or do some changes in portfolio. My risk appetite is high.

Ans: Your current selection of mutual funds includes diversified options, reflecting a balanced approach to growth. Given your high risk appetite and long investment horizon of 15-20 years, you may consider maintaining exposure to equity-oriented funds that offer growth potential. However, you might want to review your portfolio periodically to ensure alignment with your financial goals and risk tolerance. Additionally, consider diversifying across different market segments or exploring thematic funds to capitalize on specific growth opportunities. Consulting with a financial advisor can provide personalized insights and recommendations tailored to your investment objectives.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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