Hi, I am investing in ICICI ELSS fund 4000, ICICI value discovery 2000, icici bluechip fund 2000, quant small cap fund direct 5000, icici technology fund 3000, aditya birla psu fund 10000 Currently, I have a made a corpus of 2000000 as i was investing in few of the above fund since 6, 7 years. I am currently 30 years old and have 1.35 lacs in hand and including variable pay, if we distribute it monthly, salary reaches to total 1.5 lacs per month but i have to support my parents so i provide 25k monthly to them. Now i am going to get married. I dont have any loan or any other kind of debt. Though i may need to buy a flat in few years as i have to stay in the office location. Is it a good portfolio to hold or should i decrease it or change the funds?

Ans: It's impressive to see your disciplined approach to investing and your commitment to supporting your family while planning for your future. Let's review your investment portfolio and discuss how you can optimize it to align with your evolving financial goals.

Evaluating Your Portfolio
Your current investment portfolio consists of a mix of mutual funds spanning various market segments and themes. Here's a breakdown of each fund:

ICICI ELSS Fund: A tax-saving fund offering potential tax benefits under Section 80C of the Income Tax Act, suitable for long-term wealth creation while saving on taxes.

ICICI Value Discovery: A value-oriented fund focusing on undervalued stocks with the potential for long-term growth, suitable for patient investors.

ICICI Bluechip Fund: Invests in large-cap companies with stable earnings and strong fundamentals, offering stability and growth potential.

Quant Small Cap Fund Direct: Invests in small-cap companies with high growth potential, suitable for investors with a higher risk tolerance and longer investment horizon.

ICICI Technology Fund: Focuses on the technology sector, which has shown significant growth potential in recent years. However, sectoral funds can be volatile and may require careful monitoring.

Aditya Birla PSU Fund: Invests in stocks of public sector undertakings (PSUs), offering stability and potential dividends. However, PSU funds may underperform during certain market conditions.

Recommendations for Optimization
Considering your financial goals, upcoming marriage, and potential future expenses, here are a few suggestions to optimize your portfolio:

Diversification: While your portfolio is diversified across different sectors and market caps, consider reducing concentration risk by diversifying further. You may explore adding international funds or debt funds to your portfolio for additional diversification.

Review Performance: Monitor the performance of each fund regularly and assess whether they continue to align with your investment objectives. Consider replacing underperforming funds with better alternatives, if necessary.

Allocate for Short-Term Goals: Since you plan to buy a flat in the near future, allocate a portion of your investments towards a liquid or short-term debt fund to accumulate funds for the down payment.

Seek Professional Advice: Consider consulting with a Certified Financial Planner to develop a personalized financial plan tailored to your specific needs and goals. A professional advisor can provide valuable insights and recommendations based on your unique circumstances.

Conclusion
While your current portfolio is well-structured, it's essential to periodically review and adjust your investments to adapt to changing life circumstances and market conditions. By staying proactive and informed, you can build a strong financial foundation to support your future aspirations.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in