I am investing in following funds since 1.5 year. 1. Tata Digital India Fund Direct Growth- 2000 , 2. Parag Parikh Flexi Cap Fund Direct Growth - 2000 , 3. Axis Small Cap Fund Direct Growth - 1500 , 4. Aditya Birla Sun Life Digital India Fund Direct Growth- 2000, 5. Canara Robecco Small Cap Fund Direct Growth- 3000, 6. ICICI Prudential Technology Direct Plan Growth- 2000 My Investment horizon are for 10 to 15 years. Let me know is this a good fund to continue and should I hold this fund or release it? Also let me know some good fund for 10 to 15 years where I can invest?

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