Need your view on which one is best. I've 1000 RS sip in 5 different MF product. Is it best to go with five different product or I can invest 5k bulk in one MF. Please clarify.

Ans: Hello Ravi and thanks for writing to me.

You can consider starting monthly SIP's in the Funds mentioned below:
1-Kotak Small Cap Fund- Rs.4,000
2-SBI Magnum Midcap Fund-Rs.4,000

Ans: Investing ?20,000 monthly in one fund or splitting it across four funds depends on your investment goals, risk tolerance, and diversification preferences.

Single Fund: Investing in one fund simplifies tracking and management. Choose a diversified fund aligned with your goals.
Multiple Funds: Splitting across different types of funds (like large-cap, mid-cap, flexi-cap) can offer better diversification, potentially reducing risk.
For beginners or those looking for simplicity, a single well-chosen fund can be effective. If you prefer diversification or have specific sector preferences, spreading across multiple funds can be beneficial. Always consider consulting a financial advisor to tailor your strategy.

Ans: Investing regularly is a commendable habit, and you're doing great dedicating 10,000 Rs every month. As a Certified Financial Planner, I understand the importance of choosing the right investment avenue.

Mutual Funds through Systematic Investment Plans (SIPs) can be a wise choice. They offer diversification, professional management, and the flexibility to invest small amounts regularly. Additionally, they suit investors aiming for long-term wealth creation.

When it comes to SIPs, it's crucial to consider your risk appetite, investment goals, and time horizon. Opting for actively managed funds can be advantageous. Unlike index funds, actively managed funds have the potential to outperform the market, thanks to skilled fund managers who actively select investments.

Moreover, investing through a Certified Financial Planner can offer personalized advice and ongoing support. They can assist in selecting suitable funds, monitoring your portfolio, and making necessary adjustments based on market conditions and your changing financial circumstances.

While direct funds may seem appealing due to lower expense ratios, they lack the guidance and expertise provided by financial professionals. Regular funds, accessed through a Mutual Fund Distributor with a CFP credential, offer personalized service and assistance, ensuring your investments align with your financial goals.

Remember, investing is a journey, and it's essential to stay committed and patient, especially during market fluctuations. Regular review of your portfolio and making adjustments as needed can help you stay on track towards achieving your financial objectives.

Keep up the excellent work with your monthly investments, and may your financial journey be filled with success and prosperity.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ans: Canara Robeco Bluechip Equity Fund Direct-Growth
PGIM India Midcap Opportunities Fund Direct-Growth
Kotak Small Cap Fund
HDFC Balance Advange Fund
Allocate equally