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Sanjeev Govila |192 Answers |Ask -Follow

Financial Planner - Answered on Jul 23, 2023

Question by Rahul on Jul 17, 2023

Money

Please review my portfolio parag Parikh flexicap,Sbi mid cap, axis small cap & Canara robeco small cap fund each with 4000 rs per month sip for 25 year's ..my age is 32

Ans: We think that the funds are well-positioned for future growth. Having exposure to mid-cap and small-cap funds is appropriate as per your age and horizon and we have assumed that you have a high risk profile.

We recommend you to stop the contribution in Axis Small Cap only because of over-diversification purpose and re-start it in Mirae Asset Large Cap Fund and to keep track the performance of your portfolio.

Also, we recommend you to maintain emergency fund with you for uncertain events.
We advise you to speak with a financial expert for individualised advice.
Good luck with your financial endeavours!

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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Question by Rahul - Jun 07, 2023

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Please review my portfolio sir my age is 32- Parag Parikh flexicap,mirae asset mid cap fund & axis small cap fund each with 3000 rs per month for 30 year's for retirement and 1 lakh rs lumsum investment in Canara robeco small ,quant small cap & pgim mid cap fund 🔥

Ans: Dear Rahul
I have just no idea about your age, 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, please note that I am answering your question in absolute isolation to other parameters which should definitely be considered when answering a question of this type.

My recommendation only on the past performance and anticipated future outlook of your funds is as below:-
1. Parag Parikh flexicap - Good fund. Continue.
2. Mirae Asset mid cap fund - Good fund. Continue.
3. Axis small cap fund - As below
4. Canara robeco small cap – Too many small cap funds. Retain this one. Switch out others unless ready to take very high risk in portfolio.
5. Quant small cap – As above
6. PGIM mid cap fund - Good fund. Continue.

However, do note that you are taking a very high risk in your portfolio with 2 midcap and 3 small cap funds. Do consult a financial advisor to rebalance your portfolio.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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