Hi I am Mayank 41 yrs old i am doing SIP OF 11 k per month . 4000 :- PARAG PAREKH 1000:- MIRRAE ASSET 1000:- QUANT SMALL CAP 1000:- QUANT ACTIVE . 3000 :- HDFC MIDCAP OPPORTUNITS 1000 :- TATA SMALL CAP Kindly advise am i investing in right sips Also let me know what will be my corpus amount with approx interest. Also let me know am i investing in right funds . Kindly advise

Ans: Hello Mayank. Your current investment portfolio appears to be in good condition and well aligned with the market. It seems you have thorough research on market. No changes required in current portfolio. In addition , I recommend adding 10-20% to your current sip amount on a semi-annual basis and an annual basis.

Ans: Hi Ram,

It's great to see that you've started investing systematically towards your long-term financial goals. Here's a review of your current SIP investments:

Parag Parikh Flexi Cap Regular Growth: This fund follows a diversified approach across various market caps and geographical regions, which can provide stability to your portfolio. It's suitable for long-term wealth creation.
Canara Robeco Small Cap Fund Growth: Small-cap funds can be volatile in the short term but have the potential to offer high returns over the long term. Ensure you're comfortable with the risk associated with small-cap investments.
HDFC Retirement Savings Fund Equity Growth: This fund is designed to provide wealth accumulation for retirement. It's aligned with your long-term investment horizon and retirement goal.
NPS: The National Pension System (NPS) is a retirement-focused investment option offering tax benefits. It's prudent to contribute to NPS alongside other investments for retirement planning.
To achieve your target corpus of 2.5-3.0 Cr over 18 years, consider periodically reviewing your SIP contributions and adjusting them based on changes in your income, expenses, and market conditions. Additionally, diversify across asset classes to manage risk effectively.

As your financial goals evolve, consider consulting with a Certified Financial Planner to ensure your investment strategy remains aligned with your objectives.

Ans: Hello Arun and thanks for writing to me. The funds you investing in are good funds, assuming you are investing for long term wealth creation and you are comfortable with risk.

If you elaborate on your goals, risk appetite and time horizon I may recommend other schemes.

Ans: It's great that you're investing your monthly surplus in SIPs to build your wealth.

You have a well-diversified portfolio and the funds in your portfolio are performing well in the current market scenario. In the finance planning of any portfolio, it is also important to consider many factors, including client age, risk profile, current asset allocation, etc.

As you’re 55 years of age and already have a high allocation of equity in your portfolio, for the additional investment, I suggest you start investing in a Balanced Advantage Fund and Equity Saving Fund to make your portfolio a bit conservative.