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Nikunj

Nikunj Saraf  |308 Answers  |Ask -

Mutual Funds Expert - Answered on Dec 14, 2022

Nikunj Saraf has more than five years of experience in financial markets and offers advice about mutual funds. He is vice president at Choice Wealth, a financial institution that offers broking, insurance, loans and government advisory services. Saraf, who is a member of the Institute Of Chartered Accountants of India, has a strong base in financial markets and wealth management.... more
Rajesh Question by Rajesh on Dec 14, 2022Hindi
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Dear Nikunj, I am 46 years old and I have taken mf and I am continuing SIP since five years as follows:

  1. HDFC ELSS -1500
  2. ICICI prudential Multicap - 2000
  3. HDFC Top 100 growth -2000
  4. AXIS Focused 25 -2000

So suggest me should I continue or switch to some other fund. I want 25 Lakh fund in another 7 to 8 years

Ans: Hello Rajesh Khanna. Based on the current diversification of your portfolio, I would recommend reconsidering HDFC Top 100 fund sip. As an additional option for 25 lakh investments, you may consider midcap, smallcap, flexicap, and large-cap funds.

Furthermore, you can invest via STP instead of the lump sum in order to benefit from future market volatility.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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