My wife and I am having following mutual fund SIPs going on: Please let me know your suggestions. My SIPs: 

Name of the Fund	Category	RankMF Star Rating
1) HDFC Midcap opportunity fund - Direct plan -Growth option - Rs 3000	Equity - Midcap Fund	3
2) ICICI PRUDENTIAL Blue-chip fund Direct Growth -Rs 2000	Equity - Large Cap Fund	3
3) SBI Blue-chip Fund Direct Growth - Rs 3000	Equity - Large Cap Fund	3
4) SBI small cap fund regular growth - Rs 5000	Equity - Small cap Fund	2
5) Motilal Oswal multicap 35 Fund -Rs 5000	Equity - Multi Cap Fund	5
1) Mirae asset emerging Blue-chip fund Direct Growth -Rs 5000	Equity - Large & Midcap Fund	4
2) Mirae asset Tax saver Direct Growth - Rs 6000	Equity - ELSS	4
3) Motilal Oswal Long term equity fund regular growth -Rs 6000	Equity - ELSS	5

Ans: 4 and 5 star funds can be continued, rest to be reconsidered

ELSS:

1.  Canara Robeco Equity Tax Saver Fund - Growth
2. Axis Long Term Equity Fund - Growth
3. Motilal Oswal Long Term Equity Fund – Growth

Equity - Large Cap Fund:

• Mirae Asset Large Cap Fund – Growth
• Axis Bluechip Fund – Growth
• LIC Largecap Fund – Growth

Small Cap:

• Kotak Small Cap fund – Growth
• Axis Small Cap fund - Growth

Ans: These are good funds, please continue.

 

Ans: You have decent portfolio, please continue

Ans: It's clear you've taken a proactive approach to investing, and you've built a diverse portfolio across various mutual funds. Let's assess your current holdings and provide some guidance.

Your SIPs in HDFC Defence, HDFC Multicap, HDFC Small Cap, Nippon Small Cap, and SBI Large and Mid Cap demonstrate a blend of large, mid, and small-cap exposure, which is commendable for diversification.

However, having multiple funds within the same fund house, such as HDFC, may lead to overlapping holdings and concentration risk. Consider diversifying across different fund houses to spread risk more effectively.

Your lump sum investments in HDFC Balanced Advantage, HDFC Focused 30, HDFC Manufacturing, SBI Contra, SBI PSU, and SBI Energy Opportunity Funds provide additional diversification across different investment themes and strategies.

While lump sum investments can be beneficial, especially during market downturns, it's essential to review your investment rationale for each fund and ensure they align with your long-term financial goals and risk tolerance.

Given the size of your lump sum investments, consider consulting with a Certified Financial Planner to assess if your portfolio is appropriately diversified and if any adjustments are needed to optimize returns while managing risk.

Additionally, periodically review your portfolio's performance and make necessary adjustments to stay aligned with your financial objectives and market conditions.

In conclusion, while your current investments showcase a diverse portfolio, consider diversifying across fund houses and regularly reviewing your holdings to ensure they remain aligned with your long-term financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in