I am investing last 5years at .axis esg fund,axis bluechip fund,uti index fund,parag Parikh flexi cap fund and tata small cap fund , kindly suggest is this all fund good for long term 10+years growth prospective should we continue on the same

Ans: No further funds are required, you may invest in the same funds

 

Ans: You may continue with 4 and 5 star rated funds; for remaining you may consider from below:

Equity - Value Fund::

1. Tata Equity Pe Fund - Growth
2. UTI Value Opportunities Fund - Growth Plan

Equity - Large Cap Fund:

1. UTI Mastershare Unit Scheme - Growth Plan
2. LIC MF Large Cap Fund-growth

Ans: Let's analyze your current mutual fund portfolio and discuss your investment options for a 10-15 year horizon.

Review of your Current Portfolio:

Diversification: You have six funds across different categories (Small Cap, Technology, and Flexi Cap). This is a good starting point for diversification.

Small Cap Focus: A large portion of your portfolio is in Small Cap funds, which can be riskier but offer potentially higher returns.

Overlapping Themes: Some funds might invest in similar sectors (Technology and Digital India). This could reduce the overall diversification benefit.

Considering your 10-15 year horizon, here's some feedback:

Your investment timeframe is good. A longer horizon allows you to ride out market fluctuations and potentially benefit from growth.

Risk Management: With a large small-cap allocation, your portfolio might be on the riskier side.

Here are some suggestions to consider:

Review Fund Overlap: Check if your funds have similar holdings. Consider replacing one if there's significant overlap.

Balance Risk and Reward: A 10-15 year horizon allows for some risk. But you might want to consider adding some Large or Mid-Cap funds for stability.

Talk to a CFP: A Certified Financial Planner can analyze your risk tolerance and goals. They can recommend a suitable asset allocation and specific funds based on your needs.

Here are some additional thoughts on choosing funds for a 10-15 year horizon:

Actively Managed Funds: Actively managed funds, where experienced fund managers make investment decisions, can outperform the market over time. Consider consulting a CFP to help you choose these funds.

Regular Review: Meet with your CFP periodically to review your portfolio and adjust it as needed based on market conditions and your evolving goals.

Stay Invested: Market ups and downs are normal. Don't panic and redeem your investments during downturns. Stay focused on your long-term goals.

Overall, you've taken a good first step by investing in mutual funds. By potentially refining your portfolio, seeking professional guidance, and staying invested, you can increase your chances of achieving your long-term financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ans: Your selection includes funds across various categories, offering diversification. Funds like Parag Parikh Flexi Cap and Mirae Asset Emerging Blue Chip have shown consistent performance historically. However, ensure you regularly monitor their performance and the market conditions. Consider reviewing your portfolio periodically to ensure it remains aligned with your long-term financial goals and risk tolerance. Consulting with a financial advisor can provide personalized insights based on your specific circumstances.