hello sir, I'm 27 , it's been 3 months i have started my government job, my salary is 30k and right now I'm living with my parents so don't have much expense and can invest upto 8-10k per month , right now i have 1.) 2k in Aditya Birla Sun life PSU equity fund direct growth 2.) 2k in Quant Infrastructure Fund direct growth 3.) 2k in Invesco India PSU Equity Fund direct growth 4.) 1k in Motilal Oswal S&P BSE Enhanced Value Index Fund direct growth and 5.) 1k in HDFC infrastructure direct Plan Growth so can you please tell me should i continue this or change it. I have also the latest sgb series 1 share.

Ans: UTI Equity fund- Growth is better Multi cap; Axis Bluechip Fund - Growth is better large cap and Canara Robeco Equity Hybrid Fund - Growth is better Aggressive Hybrid.

Rest are fine.

Ans: It's great to see your proactive approach towards investing at such a young age. Your current investment portfolio demonstrates a balanced mix of equity, debt, and gold, which is a prudent strategy. Considering your age and risk appetite, adding a small or mid-cap SIP for at least 3 years can potentially enhance the growth potential of your portfolio. However, before making any changes, it's essential to reassess your financial goals, risk tolerance, and investment horizon. Additionally, consult with a Certified Financial Planner to ensure that your investment decisions align with your long-term objectives. Remember, investing is a journey, and it's crucial to stay disciplined, regularly review your portfolio, and make adjustments as needed to achieve your financial aspirations.

Ans: Hello and thanks for writing to me. The funds you are investing in are good funds and you can continue to invest in them. However, if you can elaborate on your goals then I may recommend some other schemes.

Periodic rebalancing is essential to ensure you are on the right track.

Ans: It's great to see your proactive approach to investing and financial planning. Let's review your current investment portfolio:

• Firstly, investing in a mix of mutual funds, ETFs, and direct equity demonstrates a diversified approach to wealth creation, which is crucial for managing risk effectively.

• Mirae Asset Large & Midcap Fund, SBI Small Cap Fund, and HDFC Small Cap Fund offer exposure to different segments of the market, providing diversification benefits.

• Quant ELSS Tax Saver Fund and Tata ELSS Tax Saver Fund are tax-saving investments that offer potential tax benefits under Section 80C of the Income Tax Act. It's essential to review their performance and compare them with peers periodically.

• Axis Bluechip Fund and Motilal Oswal Nasdaq 100 FoF focus on blue-chip stocks and global equities, respectively, providing exposure to different geographies and sectors.

• Investing in PPF is a prudent move for long-term wealth accumulation, given its tax benefits and safety. However, it's essential to ensure that your overall portfolio is adequately diversified across asset classes.

• Term insurance coverage of 75 lakhs is commendable and ensures financial protection for your loved ones in case of any unforeseen events.

• Holding some of your investments in ESPP (Employee Stock Purchase Plan) and RSUs (Restricted Stock Units) can complement your overall investment strategy, but it's crucial to diversify beyond company-specific investments.

• Regarding your liabilities, it's good to see that you have a clear picture of your outstanding home loan and car loan. It's essential to manage these liabilities efficiently while focusing on wealth creation.

In conclusion, your investment portfolio reflects a balanced approach to wealth creation, with a mix of mutual funds, direct equity, and tax-saving instruments. However, it's essential to regularly review your portfolio's performance, reassess your financial goals, and make adjustments as needed. Keep up the good work, and here's to your continued financial success!