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Abhishek

Abhishek Dev  | Answer  |Ask -

Financial Planner - Answered on Aug 16, 2023

Abhishek Dev is the co-founder and CEO of the financial planning company, Epsilon Money Mart.
A management graduate, he has over 21 years of experience in asset and wealth management.
He has been associated with reputed companies like HSBC GAM (India, south east Asia), PGIM, AMC, AMEX Bank, HDFC AMC and UTI in various roles, including leading business management, sales, marketing, product development and as a board member.... more
SA Question by SA on Aug 16, 2023Hindi
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i have an SIP Rs 10k in DSP MID CAP for the last 5 years,,i have a time of another 6 years, should i continue or should i diversify kindly advise

Ans: We don't know your complete portfolio, but DSP Midcap Fund has underperformed both the peers as well as the benchmark throughout 1/3/5 year timeframe by a big margin. Can reconsider and invest in funds that come with better risk-adjusted returns.
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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Ramalingam

Ramalingam Kalirajan  |7097 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 2024

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Hi Experts, I am 34 and doing SIP (5k each) in Quant Multi Asset, ICICI Equity & Debt Aggressive hybrid, ICICI small cap, Axis bluechip and Tata Resources& Energy MF for sometime now. Is this diversified enough, or needs change?
Ans: Your current SIP portfolio seems like a decent start, but it could benefit from some adjustments for better diversification:

Current Mix:

You likely have exposure to:
Large-cap stocks (through Axis Bluechip)
Mid-cap and small-cap stocks (through ICICI Small Cap)
Debt (through ICICI Equity & Debt Aggressive Hybrid)
A specific sector (Resources & Energy)
Areas for Improvement:

Sector Concentration: A sector fund like Resources & Energy carries higher risk compared to broader market funds. Consider if this aligns with your overall risk tolerance. You might want to replace it with a diversified equity fund to spread risk across different sectors.
Debt Allocation: The role of the aggressive hybrid fund is unclear. If it has a high equity allocation, you might have too much equity exposure overall. Consider a pure debt fund for a clearer asset allocation.
General Recommendations for Diversification:

Large, Mid & Small Cap Exposure: Having a mix of large, mid, and small-cap funds provides exposure to companies of different sizes and growth potential.
Multi-Asset Fund: A multi-asset fund can offer diversification across asset classes like equity, debt, and even international exposure. Consider one if you don't already have it.
Remember:

Risk Tolerance: Ensure your overall asset allocation aligns with your risk tolerance.
Review Regularly: Review your portfolio periodically and adjust based on market conditions and your evolving goals.
Professional Advice: Consulting a registered financial advisor can provide personalized guidance based on your specific circumstances.
By considering these points, you can refine your SIP strategy for a more balanced and potentially more resilient portfolio.

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Milind

Milind Vadjikar  |672 Answers  |Ask -

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Radheshyam

Radheshyam Zanwar  |1054 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Nov 21, 2024

Asked by Anonymous - Nov 21, 2024Hindi
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Hello, I am 3 yr neet dropper.in 2025 it will be my third attempt... I'm trying my best to crack neet ...i don't know what will happen will i score good marks or not ... please help me in suggesting good career options if not crack neet .....there are many options through neet marks also like bhms , veterinary...etc. i will also give entrance exam also like cuet ,gbpuat ,....but i want that what to choose which course will be best for me ...i want to make my life good and happy... having a good degree, good job ,...
Ans: Hello.
Have you analyzed your failure in 2 successive attempts in the NEET examination? If yes, then the question is what you have done for improvement and not then again the question arises why not? Here, I would like to suggest you focus now only on the NEET examination which is your 3rd attempt. Don't think about any other options right now till May 2025. After the NEET exam is over, you have ample time to explore the options available. Depending on your score in NEET 2025, we will guide you at that time. But yet, if you are confused, then looking towards your question and anxiety, you need personal counseling where you can express yourself face-to-face. Only after the NEET exam is over, you contact a counsellor for one-to-one counseling. Till then, keep mum and focus only on NEET. Take this exam as your mission and project. Work on this project, apply forces from all sides, success is there which is waiting for you eagerly.
Best of luck for your bright future.

Some tips: (1) Analyse separately Phy, Che, Bio (2) Prepare a list of hard topics (3) First focus more on the topics which are easy for you and then try to excel in hard topics (4) Appear more and more online/offline examinations (4) Prepare your short-cut file for all subjects (5) Prepare a file for each subject having only synopsis of all chapters (6) Try to solve the problems at the lightening speed and observe the period on regular basis (7) Create your time table to revise the topics on regular basis (8) Do not hesitate to ask your difficulties to your teachers, if you have joined to offline classes (9) Keep the habit of marking the answers which you know 100%. Don't guess the answers and mark them, as there is -ve marking scheme. (10) Be calm, quite, and smiling all the time to release the tension and always have a healthy chat with your friends.

If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
Thanks.

Radheshyam

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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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