I am investing in following schemes with a target of wealth creation 1. Navi nifty 50 index fund 2. Quant tax plan 3. SBI Bluechip fund 4. DSP small cap 5. DSP Natural energy resources 6. Nippon ITBEES Nippon ITBEES which I just started investing 3000 per month for the next one year Pls suggest about the overall health of portfolio and also any changes to be made. Plus approx amount that can be accumulated in the next 10-12 years. Thanks

Ans: Hi Rohit. It appears that your portfolio has a good report. It would be advisable to reconsider the SBI AMC fund with better peer schemes.

The current amount of SIP is very low to achieve a corpus of 1 cr in 10 yrs; you should increase your SIP amount to 35,000 and above.

Ans: Hello, wealth creation is possible if you have a decent chunk of your active money invested in the equity markets. By this I mean 40-50% of your active income should be parked in equities periodically.
While creating a portfolio, i stick to the basic funds such as mid caps, small caps, large and mid cap, multicap, consumption, value fund, etc
You can select any of the above categories with max of 2 funds in each category. No need to try something new which you don't understand.
With an SIP of 9K for the next 12 yrs @12% xirr, you can accumulate approx Rs28.7L

Ans: It's good

Ans: Congratulations on your recent marriage and your proactive approach towards financial planning. It's evident that you're committed to securing your financial future.

Your investment portfolio reflects a diversified approach, which is a positive sign. Diversification helps spread risk and can enhance long-term returns. Let's delve into your portfolio to assess its effectiveness and potential for future returns.

Investing in Parag Parikh Flexi Cap Fund offers exposure to a diversified portfolio across various sectors and market capitalizations. This fund's flexible investment strategy allows it to capitalize on emerging opportunities, potentially leading to attractive returns over time.

ELSS Tax Saver Funds like DSP and Kotak offer tax benefits under Section 80C of the Income Tax Act while providing exposure to equities. These funds have a lock-in period of three years, aligning with your long-term investment horizon.

Nippon India Small Cap Fund and Quant Multi Asset Fund offer exposure to smaller companies and multiple asset classes, respectively. Small-cap funds have the potential for higher growth but come with increased volatility. Ensure they align with your risk tolerance.

ICICI Prudential BHARAT 22 FDF provides exposure to a diversified basket of public sector enterprises and select private sector companies. This fund can add stability to your portfolio while offering growth potential.

Your investments in PPF and SBI Life Insurance contribute to your overall financial security and tax planning. PPF offers stable returns with tax benefits, while life insurance provides protection for your family's future financial needs.

Considering your age and investment horizon, this portfolio has the potential to generate attractive returns over the long term. However, periodically review and rebalance your portfolio to ensure alignment with your financial goals and risk tolerance.

For a more comprehensive analysis and personalized advice, consider consulting a Certified Financial Planner who can tailor recommendations to your specific needs and objectives.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in