Hi sir,Myself Sujit Singha- Private sector service holder & i am 41yrs my Financial goal plan is 45/50 Lcs in next 15 to 20yrs so following investment portfolio for last 5 yrs so far & kindly suggest if any switch or new investment in MF to be done/add.No-1) IDFC Emerging Business Fund-Regu-Growth=Rs.1000/- No-2) Axis Bluechip Fund Growth =Rs.3000/- No-3) Axis Small Cap Fund Reg (G) =Rs.2000/- No-4)DSP Mid Cap Duns Reg(G) = Rs.2000/- No-5)Axis Flexi cap Fund (G) =Rs.1500/- No-6) Kotak Emerging Equity (G) =Rs.2000/- Other than this if any shares can i Hold for long term plz advice

Ans: You have a mix of Large, Mid, Small and Flexicap funds which is good in itself to deliver good returns considering you have 15-20 Years’ time. HDFC Top 100 Fund and PGIM Midcap Fund, may be looked at for improvements based on your segment/AMC allocation. It is good to maintain 6-8 funds across categories.

Ans: Hi Anuj, thanks for writing to me.

The schemes you invest in are good schemes and you can continue investing in them. Your annual step up will help you create a larger corpus.

Ans: Given your desire for aggressive growth in the next 3 years, it's crucial to assess your current mutual fund holdings and make informed decisions. Here are some considerations:

Performance Review: Evaluate the performance of your existing funds over the past few years. Look at their consistency, returns, and how they have performed during different market cycles.
Risk Appetite: Consider your risk tolerance and whether your current funds align with your risk profile. Aggressive funds typically carry higher risk, so ensure you are comfortable with potential volatility.
Diversification: Check the diversification of your portfolio across different fund types (large cap, mid cap, small cap) and sectors. A well-diversified portfolio can help mitigate risk.
Expense Ratio: Assess the expense ratio of your funds, especially if they are regular plans. Direct plans generally have lower expense ratios, which can significantly impact returns over the long term.
Exit Loads and Tax Implications: Understand any exit loads or tax implications associated with redeeming your existing investments, especially if they are less than 3 years old.
Consideration of Direct Plans: Switching to direct plans can save on expenses in the long run, potentially boosting returns. However, ensure you are comfortable with managing your investments independently or seek the assistance of a fee-based advisor.
After considering these factors, you can decide whether to continue with your current holdings, reallocate investments, or explore new funds that align better with your goals and risk appetite. It's essential to periodically review your portfolio and make adjustments as needed to stay on track with your financial objectives.

Ans: Dear Garvit Joshi,

Thank you for sharing your investment details and your long-term investment horizon. Here are some suggestions based on your current portfolio and objectives:

A. Portfolio Review:

Quant ELSS Tax Saver and SBI Long Term Equity Fund: These funds provide tax-saving benefits under Section 80C of the Income Tax Act and have the potential for long-term capital appreciation. Consider retaining these funds for tax planning and wealth accumulation.
Quant Small Cap Fund and Quant Infrastructure Direct: Small-cap and infrastructure funds are high-risk, high-reward investments. Review the performance and risk profile of these funds periodically and consider rebalancing if needed.
Aditya Birla Sun Life PSU and Grow Nifty Total Market Index: Evaluate the performance and alignment of these funds with your investment goals. Consider replacing or reallocating funds if they do not meet your objectives or if you find better alternatives.
B. High-Risk Road:
Since you are willing to take a high-risk approach for the next 10 years, consider increasing your exposure to high-growth sectors or thematic funds that have the potential for significant returns over the long term. However, ensure that your risk tolerance aligns with your investment strategy and that you have a diversified portfolio to mitigate risk.

C. Building a Corpus of ?5 Crore in 15 Years:
While it's challenging to predict exact returns, achieving a corpus of ?5 crore or more in 15 years is possible with disciplined investing, high-quality fund selection, and consistent growth. Review your portfolio regularly, consider increasing your SIP amounts over time, and explore opportunities for additional investments to accelerate wealth accumulation.

In summary, review your portfolio periodically, consider replacing underperforming funds with better alternatives, and ensure that your investment strategy aligns with your risk tolerance and long-term goals. Consult with a financial advisor for personalized guidance tailored to your financial situation and objectives.

Best regards,
Ramalingam, MBA, CFP
Chief Financial Planner

Ans: Given your goal of building a retirement corpus of 2 crores in 10 years and your current portfolio, here are some suggestions:

Increase SIP Contributions: Consider increasing your SIP amounts in high-performing funds like Parag Parikh Flexi Cap and PGIM India Midcap Opportunities Fund, which have shown good potential for long-term growth.

Review and Consolidate: Evaluate the performance of all your funds and consider consolidating your portfolio to fewer, well-performing funds to simplify management and potentially enhance returns.

Focus on Quality: Prioritize funds with strong track records, consistent performance, and experienced fund management teams. Consider adding large-cap and diversified equity funds for stability and balanced growth.

Asset Allocation: Ensure a balanced asset allocation across equity, debt, and gold funds based on your risk tolerance and investment horizon. Reallocate surplus funds strategically to maintain a diversified portfolio.

Regular Review: Monitor your portfolio regularly and make adjustments as needed based on changes in market conditions, fund performance, and your financial goals.

Consider consulting with a financial advisor for personalized advice tailored to your specific circumstances and goals.