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Nikunj Saraf |205 Answers |Ask -Follow
Mutual Funds Expert - Answered on Mar 18, 2023
Question by Metesh on Feb 04, 2023
Hi Nikunj I'm looking at creating a corpus of 10 cr in next 10 years....currently the value of my portfolio is around 71 lacs and i have a monthly SIP of 65k in axis , midcap, canara robeco emerging, ICICI pru bluechip, ICICI nifty 50, mirae asset emerging bluechip, quant flexi cap, sbi small cap, sbi focussed equity and sbi equity hybrid fund... Are these good enough or what strategy should I take going forward..
Ans: Hello Metesh. Overall your portfolio report sounds very promising. I must say that you have conducted thorough research on the market. The sbi focused equity scheme may need to be reconsidered in comparison to peer schemes. Furthermore, in addition to achieve a corpus of 10 crores in the coming years, I would suggest you increase your sip and include an annual add-on to your current sip amount. In view of the fact that 65k sip will not suffice to accomplish your goals.
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