Dear Sir, I have invested in the following MFs but these are not doing well, thus I plan to redeem. Mahindera Manulife Balance advantage ABSL Multicap DSP Dynamic Assest Allocation L&T Balance Advantage Sundram Div yield Bandhan Flexicap HDFC Focus 30 Please Advise Yours truly, A K Khosla

Ans: These are good funds, please continue

Ans: SBI Multi Asset Allocation Fund - Growth is a better option in hybrid multi- asset and Axis Bluechip Fund – Growth is better option in Large-cap

UTI Equity Fund – Growth is a better option in Multi-cap

Sectoral Infra Funds can be avoided; instead diversified equity funds with higher infra exposure can be considered

Rest of the funds are fine.

Ans: You may continue with 4 and 5 star rated funds; for 3 star ones you can consider these.

Top 2 Equity value funds are (4-Star rated)

• Tata Equity PE fund
• UTI value opportunity funds

ELSS:

1. Canara Robeco Equity Tax Saver Fund - Growth
2. Axis Long Term Equity Fund - Growth
3. Motilal Oswal Long Term Equity Fund – Growth

Ans: 3 rated schemes need to be reconsidered from the ones below.

Equity - Large Cap Fund:

• Mirae Asset Large Cap Fund – Growth
• Axis Bluechip Fund – Growth
• LIC Largecap Fund – Growth

Multicap: Suitable options considering quality and value for money at present levels are:

• UTI Equity Fund – Growth
• Motilal Oswal Multicap 35 – Growth
• Parag Parikh Long Term Equity Fund - Growth

Ans: Firstly, it's truly heartening to see your commitment to investing and the returns you've achieved reflect that dedication. You've navigated various market conditions, showcasing resilience and an ability to adapt, which is commendable.

Looking at your portfolio, you've embraced a mix of multi-cap, focused equity, small-cap, and blue-chip funds. Each has its unique characteristics and serves a purpose in a diversified portfolio.

As for your future actions, it's essential to reflect on your investment goals. Are you investing for a specific milestone or a long-term horizon? The returns you've achieved are commendable, but what's the story behind these numbers? Understanding the 'why' behind your investments can guide your future decisions.

For your existing funds, consider reviewing their performance against benchmarks and their alignment with your goals. For new investments, ponder on whether they align with your strategy or introduce a new dimension to your portfolio.

In this journey of financial growth, it's not just about numbers but also about aligning your investments with your aspirations and values. A Certified Financial Planner can provide a holistic perspective, ensuring your investments resonate with your life's broader narrative.