Sur, I invested recently in MF Edelweiss Technology Fund Reg Gr and it is going downwards regularly. Pl advise weather to continue or shift to other fund

Ans: Hello,

I understand that you have invested in multiple mutual funds and are seeking advice on whether to hold or change your investments. As a financial advisor, I would like to offer you some guidance on this matter. Please note that my suggestions are based on general principles and not specific to your financial goals or risk tolerance.

SBI Focused Equity Fund Regular Growth: This fund primarily invests in a concentrated portfolio of equity and equity-related securities. As the name suggests, it is a focused fund with exposure to a limited number of stocks. If you're comfortable with the risk associated with concentrated portfolios and believe in the fund manager's stock-picking ability, you can continue to hold this fund.
SBI Blue Chip Fund Regular Plan Growth: This is a large-cap fund that invests in well-established companies. Large-cap funds typically offer stability and lower volatility compared to small and mid-cap funds. If you are looking for a relatively safer equity investment, you can hold on to this fund.
SBI Multicap Fund Regular plan Growth: Multicap funds invest across market capitalizations, providing diversification benefits. If you want to maintain a balanced exposure to various market segments, you may continue to hold this fund.
HDFC Tax Saver Direct Plan Growth Option: This is an Equity Linked Saving Scheme (ELSS) that offers tax benefits under Section 80C of the Income Tax Act. The lock-in period for ELSS funds is 3 years, and if you're looking for tax-saving investment options, you can consider holding this fund.
HDFC Developed World Indexes Fund of Fund: This fund provides international diversification by investing in developed market equities. If you want to diversify your portfolio beyond Indian equities, you can hold this fund.
HDFC Equity Savings Fund Direct Plan Growth: This fund invests in a mix of equity, debt, and arbitrage opportunities, making it suitable for investors with a moderate risk appetite. If you are looking for a balanced fund with a mix of asset classes, you can continue to hold this fund.
HDFC Nifty Next 50 Index Fund Direct Growth: This passive fund tracks the performance of the Nifty Next 50 index. If you are interested in low-cost index funds and believe in the potential of the next 50 large-cap companies, you can hold this fund.

In conclusion, your current mutual fund portfolio appears to be reasonably diversified across asset classes and investment styles. However, it is essential to periodically review the performance of each fund and align them with your financial goals and risk tolerance.

Please consult a financial advisor who can provide personalized advice based on your specific needs and circumstances.

Ans: Firstly, it's truly heartening to see your commitment to investing and the returns you've achieved reflect that dedication. You've navigated various market conditions, showcasing resilience and an ability to adapt, which is commendable.

Looking at your portfolio, you've embraced a mix of multi-cap, focused equity, small-cap, and blue-chip funds. Each has its unique characteristics and serves a purpose in a diversified portfolio.

As for your future actions, it's essential to reflect on your investment goals. Are you investing for a specific milestone or a long-term horizon? The returns you've achieved are commendable, but what's the story behind these numbers? Understanding the 'why' behind your investments can guide your future decisions.

For your existing funds, consider reviewing their performance against benchmarks and their alignment with your goals. For new investments, ponder on whether they align with your strategy or introduce a new dimension to your portfolio.

In this journey of financial growth, it's not just about numbers but also about aligning your investments with your aspirations and values. A Certified Financial Planner can provide a holistic perspective, ensuring your investments resonate with your life's broader narrative.

Ans: Hi Shree,
When did you brought it? If you check the holding of this fund, there major allocation is to Infy ~20% and TCS ~18% and all other in major IT companies. IT as a sector is not doing good since last 1year as we are the mojor supplier of services to countries like US and EU, these countries are in problem and hence impacted the sector. You need to hold this fund for atleast 5yrs to see the real benefits.

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