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Nikunj Saraf  |205 Answers  |Ask -

Mutual Funds Expert - Answered on Mar 01, 2023

ABHISHEK Question by ABHISHEK on Feb 10, 2023

Hi, I am a 22 year old male and have started investing since September 2022. Till now, I have invested in a few mutual funds, one ETF, and SGB as well. My question: Is my portfolio good enough? Is fund selection and SIP distribution good? My goal is capital appreciation and I don't need this money in the long term or coming years. My investments currently are : 1. Parag Parikh Flexi Cap (Direct) - 10k/month & lumpsum of 10 Lakhs initially 2. HDFC Index S&P BSE Sensex Direct Plan Growth - 5k/month & lumpsum of 5 Lakhs initially. 3. Tata Digital India Fund Direct Growth - 5k/month & lumpsum of 5 Lakhs initially. 4. SBI small cap fund - 5k/month 5. PGIM India Midcap Opportunities Fund Direct Growth - 5k/month 6. Quant Liquid fund Direct Plan Growth (emergency fund purposes) - lumpsum of 4 lakhs. 7. Mirae Asset NYSE FANG+ ETF - lumpsum of 5 lakhs. 8. Sovereign Gold Bonds (SGBAUG30) - Approximately 4 lakhs
Ans: Hello, Abhishek. Overall, your portfolio reports sound very promising. I must say that you have conducted thorough research on the market. Your current sip allocation is well aligned with market. Mirae Asset NYSE FANG+ ETF has major allocation in Global equity and its sector specific, you may be conservative while moving forward.

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Omkeshwar Singh  |965 Answers  |Ask -

Head, Rank MF - Answered on Aug 11, 2021

Below is my portfolio. Would highly appreciate if you can suggest if it is good or any changes required? Total current investment in SIP is Rs 12,000 (Which now I want to make it Rs 15K) kindly advise a good additional SIP for investing 3K monthly. Also let me know if the MF in lump sum are good? Or any changes required. I am now 45 years of age and my total savings as of date is Rs 13 Lacs only. Kindly advise how much more investment would I have to make to collect a good amount for my son's education and retirement - I have 2 son's aged 12 and 8. My current salary is Rs 1.5 Lacs and wife is also working with a salary of 30 K. Also I keep breaking SIP and lumpsum in between for emergency use. Let me know if that will affect my long terms plans of collecting funds SIPs: NAME OF MUTUAL FUND AMT INVESTED PER MONTH - (LONG TERM) Axis Focused 25 - Growth - RS - 2,OOO /- ICICI Prudential Focused Equity - Growth RS - 2,OOO /- HDFC Top 100 - Growth RS - 2,OOO /- Kotak Standard Multicap Fund - Growth RS - 2,OOO /- L&T Midcap - Growth RS - 2,OOO /- Motilal Oswal Multicap 35 - Growth RS - 2,OOO /- LUMPSUM NAME OF MUTUAL FUND AMT INVESTED LUMPSUM - (LONG TERM) DSP Focus - Growth RS - 1 LAC (INVESTED IN APRIL 2016) ICICI Pru Long Term Eq Fund ( Tax Sav) - Growth RS - 1 LAC (INVESTED IN APRIL 2016) Kotak Bluechip Fund - Growth RS - 1 LAC (INVESTED IN APRIL 2016) Nippon India DYNAMIC BOND FUND - Growth Plan RS - 1 LAC (INVESTED IN APRIL 2016) Mirae Asset Focused Fund - Growth RS - 50K (INVESTED IN AUG 2019) Mirae Asset Midcap Fund - Growth RS - 25K (INVESTED IN AUG 2019)
Ans: Prudent approach is to have the family covered for medical and life with pure insurance product.

Post that, create a corpus for emergency fund that should be 6 month of monthly expenses.

Only post that investment is recommended.

Depending upon your cash flows, mode of investment can be SIPs or lumpsums; however, SIPs are recommended.

Existing funds are okay; for further investment Axis ESG Equity Fund – Growth or UTI Flexi Cap fund – Growth can be considered



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