I have been investing 5k in Templeton India value growth fund, 5k in Nippon india small cap growth fund,1k in quant small cap fund direct growth plan, 1k in sbi infrastructure fund direct growth 500 in ICICI prudential technology direct for about 1.5 year. Do you think which fund should I keep for long term and which one should be switched ?

Ans: It's commendable that you've been investing diligently for the past 1.5 years! Let's review your current investment portfolio and determine which funds may be suitable for the long term:

1. Evaluate Performance: Assess the performance of each fund relative to its benchmark and peer group. Look for consistent performance over various market cycles and consider factors such as risk-adjusted returns and volatility.

2. Consider Investment Objectives: Determine your investment objectives and risk tolerance to identify which funds align best with your goals. Are you investing for long-term growth, capital preservation, or a combination of both?

3. Review Fund Manager and Strategy: Evaluate the fund manager's track record and investment strategy to gauge their ability to generate consistent returns over the long term. Consider funds with experienced managers and a disciplined investment approach.

4. Analyze Fund Composition: Review the composition of each fund's portfolio to ensure it aligns with your investment objectives and risk tolerance. Look for diversification across sectors, market capitalizations, and investment styles.

5. Consult with a Certified Financial Planner: Consider seeking advice from a Certified Financial Planner (CFP) to review your investment portfolio and provide personalized recommendations. A CFP can help you assess your financial goals, risk tolerance, and investment strategy to optimize your portfolio for the long term.

6. Regular Portfolio Review: Continuously monitor your investment portfolio and review it periodically to ensure it remains aligned with your goals and objectives. Consider rebalancing your portfolio as needed to maintain diversification and manage risk effectively.

Based on the factors mentioned above, consider keeping funds that have demonstrated consistent performance, align with your investment objectives, and have experienced fund managers. For funds that may not meet these criteria, consider switching to alternatives that offer better prospects for long-term growth and align more closely with your goals.

Remember, investing is a journey, and it's essential to stay disciplined, informed, and proactive in managing your portfolio. With careful analysis and guidance from a Certified Financial Planner, you can make informed decisions that help you achieve your financial goals in the long run.