Sir I have following investments Hdfc mid cap opportunities fund-direct Growth 4000 Hdfc top 100 direct growth5000 Reliance gold savings fund 1000 I want to.have corpus of Rs 10000000 in next 20 years from this investment. My current corpus is 1000000 approx. I am investing in mutual funds from last 11 years. I started with 1000 initially and increases the investment gradually. Do I need to change any fund or I am investing in right funds.

Ans: Hi Mr Abhijit , glad to see you are doing investments in good funds but my suggestion kindly avoid too many funds.

all your funds are good and it makes sense that you allocate your 35 lacs in current portfolio by way of systematic transfer.

for 35 lacs you can divide it in 1. Canara Robeco Blue chip equity fund
2. Canara robeco small cap fund.
3. ICICI Prudential bluechip fund.
4. Kotak emerging equity fund

but remember small and mid caps will deliver best reyruns in long term - for 5 to 6 years time frame you can invest but should have patience to see gains later.

Ans: You have a SIP of Rs 13,500 right now and a total corpus of 11.5 Lakhs. By increasing your SIP by another 10,000, your total SIP will be Rs 23,500. Even if we assume a low portfolio growth of 10% per annum, you should be able to get at least 2.64 Crores.

And if you do regular reviews of your portfolio, you should be easily able to do better than this.

However, I have no idea about your future financial goals, your risk profile, other investments and whether you would have the nerves to not get unduly perturbed if stock markets go temporarily down. Hence, it is not possible for me to suggest you the funds to invest in or review your portfolio. Please consult your financial advisor for an in-depth analysis and suggestions.

Ans: Assessment and Recommendation for Achieving a Corpus of Rs. 2 Crores in 20 Years:

Current Investment Portfolio Review:

Your existing portfolio demonstrates a proactive approach towards wealth accumulation, reflecting a mix of equity, hybrid, and debt funds.
Investments in tax-saving funds like DSP Tax Saver Fund and diversified equity funds like ICICI Prudential Flexi Cap Fund exhibit a focus on long-term growth potential.
However, it's essential to assess the adequacy of your current investments and determine additional contributions required to achieve your target corpus of Rs. 2 Crores in 20 years.
Analysis of Additional Investments Required:

Given your current investment value of Rs. 11.50 Lacs and an investment horizon of 20 years, you need to calculate the required monthly SIP amount to achieve your target corpus.
Considering an assumed annualized return rate based on historical performance of mutual funds, you can estimate the monthly SIP required to reach your goal.
It's crucial to consider factors such as inflation, investment expenses, and market volatility while determining the additional investments needed to achieve your financial objective.
Recommendations for Asset Allocation and Fund Selection:

Given your age and investment horizon, maintaining a predominantly equity-oriented portfolio with a long-term perspective is advisable to maximize growth potential.
Allocate a higher proportion of your investments to equity funds, preferably diversified across market capitalizations and sectors, to capitalize on growth opportunities.
Consider adding exposure to mid-cap and small-cap funds for potential higher returns, but be mindful of the associated volatility.
Incorporate debt funds to provide stability to your portfolio and mitigate risk, especially as you approach your financial goal.
Financial Planning and Goal Setting:

Utilize online SIP calculators or consult with a Certified Financial Planner to determine the exact monthly SIP amount required to achieve your target corpus of Rs. 2 Crores in 20 years.
Review your investment strategy periodically and make necessary adjustments based on changing market conditions, financial goals, and risk tolerance.
Stay disciplined with your investment approach and avoid making impulsive decisions, keeping your long-term financial objectives in mind.
In conclusion, by systematically increasing your monthly SIP contributions and maintaining a well-diversified portfolio aligned with your risk profile and investment horizon, you can work towards achieving your target corpus of Rs. 2 Crores in 20 years.

Best Regards,

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