Pl tell whether I will continue my SIP of Rs 5000/- pm in Mirae Asset Focused Fund for 10 years.

Ans: Hello Rahul .ICICI Technology Fund is a sectoral IT Fund. This category has an 8-year time horizon and an aggressive risk appetite. Since the IT market has been extremely volatile over the last 1.5 years, it has had a direct impact on your investments. To answer your question, should the scheme be kept to continue? It entirely depends on your risk appetite.

Hold the scheme if your time horizon is > 10 years
Ideally, your sectoral fund exposure should not be more than 10-15% of your total portfolio.

Ans: Hello Debasish. Your portfolio report sounds good. I can see that 100% of the investments are in SBI AMC. Hence, will suggest AMC-wise bifurcation for future investment. You can reshuffle the current SIPs or start investing in AMCs like ICICI Pru, Nippon, Parag Parikh, etc. AMC diversification is also required in your portfolio.

Ans: for next 10yrs its good

Ans: Hello Vaibhav,

Firstly, it's essential to assess your investment goals, risk tolerance, and the suitability of the investment in your portfolio. The Motilal Oswal Nasdaq 100 Fund offers exposure to some of the largest and most innovative companies listed on the Nasdaq Stock Market, providing an opportunity for diversification and potential growth.

Considering you've been investing in the fund for the past six months, it's a good start to evaluate its performance against your expectations and the broader market trends. While short-term fluctuations are common in the stock market, analyzing the fund's performance relative to its benchmark index and peers can offer valuable insights.

Additionally, review the fund's investment strategy, portfolio composition, and expense ratio to ensure they align with your investment objectives and risk profile. Regular monitoring of your investments is crucial to adapt to changing market conditions and make necessary adjustments to your portfolio.

Ultimately, the decision to continue with your SIP in the Motilal Oswal Nasdaq 100 Fund should be based on your long-term financial goals, investment horizon, and comfort level with market volatility. If the fund continues to meet your expectations and remains in line with your investment strategy, it may be prudent to stay invested.

However, if you have concerns about the fund's performance, changes in your financial situation, or shifts in your investment objectives, it's advisable to reassess your investment strategy and consult with a qualified financial advisor to explore alternative options.

Remember, investing is a journey that requires careful planning, patience, and periodic review. I encourage you to stay informed, stay focused on your goals, and make decisions that align with your financial aspirations.