Home > Money > Question

Nikunj Saraf  |205 Answers  |Ask -

Mutual Funds Expert - Answered on Mar 01, 2023

Rathijit Question by Rathijit on Jan 31, 2023

Hi, I am 42 years old and have been investing in 12 different funds through SIP of amount Rs 28,500 per month. I am investing in below following funds. Please give your opinion on it. 1. Axis Long Term Equity-DP: INR 2500/Month 2. Franklin india Tax Shield Fund: INR 2000/Month 3. Canara Robeco Equity Tax Saver: INR 1500/Month. 4.HSBC ELSS Fund: INR 2000/Month 5. Motilal Oswal Long Term Equity: INR 2000/Month. 6 DSP Tax Saver: INR 2000/Month. 7. Mirae Asset Tax Saver: INR 3500/Month. 8 Aditya Birla tax relief 96-G: INR 1500/Month. 9.ICICI Pru Long term equity: INR 1500/Month. 10 HDFC Large & Mid Cap-G: INR3000/Month. 11 Nippon India Growth-G: INR 4000/Month. 12 SBI Large & Mid Cap-G: INR 3000/Month. Apart from that i use to invest INR 25000/Month in Index50, Mid Cap funds also.
Ans: Hello Rathijit. Based on your age and your requirements, I can see that your risks diversification is well maintained. Regarding your question about whether the schemes are good or not. I can see there is over diversification in your current portfolio. Try to concise your portfolio for ELSS investment.

You may like to see similar questions and answers below


You haven't logged in yet. To ask a question, Please Log in below


A verification OTP will be sent to this
Mobile Number / Email

Enter OTP

A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP

A 6 digit code has been sent to Mobile

Resend OTP in120seconds