My salary is 75k, I have started 50k sip (30 quant multi asset fund +5k largemidcap 250 zerodha index fund +5k smallcap 50 axis index fund+ 5k microcap motilal index fund + 5k kotak nasdaq 100 index fund) Also I have 9L in icici short term fund for additional mf buying. My age is 32 and want retire with 1Cr after 10 years. Is my plan is on correct way ?

Ans: Your current SIP allocation seems diversified across large-cap, mid-cap, small-cap, and sectoral funds, which is a good strategy for potential growth. However, achieving a corpus of 1 crore in 5 years with a monthly SIP of 40,000 may be challenging, especially considering market volatility and other factors.

Here are some considerations and potential adjustments you could make:

Realistic Expectations: Ensure your goal of reaching 1 crore in 5 years is achievable based on your current SIP amount and market conditions. Consider revising your target or extending your investment horizon if needed.

Review Fund Selection: Evaluate the performance and consistency of the funds you've chosen. Ensure they align with your risk tolerance, investment horizon, and financial goals. You may consider adding funds with a proven track record of delivering consistent returns.

Asset Allocation: Review your asset allocation strategy to ensure it matches your risk profile and investment objectives. Depending on your risk tolerance, you may adjust the allocation between equity and debt funds to mitigate market volatility.

Regular Monitoring: Continuously monitor the performance of your funds and review your investment strategy periodically. Stay informed about market trends and economic indicators that may impact your portfolio.

Consult a Financial Advisor: Consider seeking advice from a financial advisor who can assess your financial situation holistically and provide personalized recommendations based on your goals, risk tolerance, and investment horizon.

Additional Investments: If feasible, consider increasing your monthly SIP amount or making lump-sum investments periodically to accelerate wealth accumulation and achieve your target corpus.

Remember that investing involves market risks, and past performance is not indicative of future results. It's essential to stay disciplined, remain focused on your long-term goals, and make informed decisions based on thorough research and professional advice.

Ans: Your portfolio seems well-diversified with exposure to various asset classes, including large-cap, flexi-cap, mid-cap, debt, and gilt funds. However, whether it will be enough to reach a final value of 10 crores in 12 years depends on several factors:

Investment Amount: The total monthly SIP amount you're investing is substantial, which is a positive factor.
Historical Performance: Assess the historical performance of the selected funds to gauge their potential for achieving your goal. Keep in mind that past performance is not indicative of future results.
Market Conditions: Market volatility and economic factors can impact the performance of your investments. Stay informed about market trends and adjust your portfolio as necessary.
Inflation and Returns: Consider the impact of inflation on your target amount of 10 crores. Ensure that your investments generate returns that outpace inflation to preserve your purchasing power.
Regular Review: Periodically review your portfolio's performance and make adjustments if needed to stay on track towards your goal.
It's advisable to consult with a Certified Financial Planner who can provide personalized advice based on your financial situation, risk tolerance, and goals. They can help you assess the feasibility of your target and make any necessary adjustments to your investment strategy.

Ans: Your investment strategy shows a diversified approach, which is commendable. However, achieving a retirement corpus of 10 crores by age 45 might require a more aggressive investment approach. Consider consulting a Certified Financial Planner to tailor your portfolio and ensure it aligns with your retirement goals and risk tolerance. Additionally, review your asset allocation to balance risk and potential returns effectively. Remember, investing is a journey, and periodic reassessment and adjustments are essential to stay on track towards your financial objectives.