Respected Guru, I'm Manish(23yrs) I'm new to mutual fund market. I'm high risk taker in long-term Please suggest me mutual fund in sip mode. Below are my details :- 1. Brother college - 80 lac in 5 years (medium risk). 2. Car - 21 lac in 8 years (high risk). 3. Home - 30 lac in 10 years (high risk). 4. Family traveling- a) 10 lac in 5 years (medium risk). b) 10 lac in 10 years (high risk). c) 10 lac in 15 years (high risk). d) 10 lac in 20 years (high risk). 5. Emergency fund - 8 lac in 5 years (medium risk). 6. Retirement fund- 10cr in 40 years (high risk). 7. Can you suggest me which insurance to buy for health insurance and term insurance for family and me.

Ans: You may consider these funds:

• Axis Esg Equity Fund - Growth
• Uti Flexi Cap Fund -growth
• Samco Flexi Cap Fund - Growth
• Hdfc Index Fund - Sensex Plan - Growth

Ans: Given your long-term investment horizon of 10-15 years and your willingness to invest Rs. 2000 per month, you can consider investing in a diversified equity mutual fund. These funds typically invest in a mix of large-cap, mid-cap, and small-cap stocks, offering growth potential over the long term while spreading out risk.

Look for funds with a proven track record of consistent performance and a fund manager with a strong investment strategy. Some suitable options may include diversified equity funds with a focus on growth and a history of delivering competitive returns relative to their benchmark indices.

Remember to conduct thorough research or consult with a financial advisor to ensure the fund aligns with your risk tolerance, investment goals, and time horizon.

Ans: Your SIP allocation has a significant tilt towards small and flexi-cap funds, which can be volatile but offer growth potential. Given your age and investment horizon:

Consider diversifying by adding a large-cap or multi-cap fund to balance the portfolio.
Revisit the technology fund's exposure; while it can offer high growth, it can also be volatile.
Ensure your portfolio aligns with your risk tolerance and long-term goals.
Regular reviews with a financial advisor can help adjust your strategy as needed and ensure your portfolio remains well-balanced.

Ans: Your investment approach of SIP with step-up every two years for the next 20 years reflects a disciplined and long-term perspective. Here are some insights and suggestions:

Medium-Risk Mutual Funds: Your selection of mutual funds like Parag Parikh Flexi Cap and ICICI Prudential Retirement Fund aligns well with your medium-risk tolerance and long-term investment horizon. These funds offer diversified portfolios across different market caps and sectors, reducing overall risk.
Quant Active Fund and Mid Cap Fund: While these funds may offer higher growth potential, they also come with higher risk due to their focus on mid-cap stocks or active management strategies. Ensure you're comfortable with the associated volatility and risk before investing.
Edelweiss Large & Mid Cap: This fund provides exposure to both large and mid-cap segments of the market, offering a balanced approach. However, review its performance and portfolio composition periodically to ensure it meets your investment objectives.
Review and Adjust: Regularly monitor your portfolio's performance and make adjustments if needed. Consider factors like fund performance, changes in your financial goals, and overall market conditions when reviewing your investment strategy.
Consider Professional Advice: Consulting with a financial advisor or Certified Financial Planner can provide personalized guidance tailored to your financial situation and goals. They can help you fine-tune your investment strategy and select the most suitable mutual funds.
Remember, investing in mutual funds involves risks, and past performance is not indicative of future results. Stay focused on your long-term goals, maintain a diversified portfolio, and invest regularly to maximize your chances of achieving financial success.

Ans: Hello, I am glad you want to start investing in mutual funds
In order to decide the SIP amount, you first have to decide your retirement corpus. Based on that you should back calculate the SIP amount
If the SIP amount is below 10K , you can select any of the 2 funds from mid cap , small cap and multi cap.