Hi Nikunj, i am planning to make corpus of Rs3CR in 10years. Currently i am investing around 35K per month through multiple SIPs - ICICI pru equity & debt, ICICI pru large & mid cap,ICICI pru blue-chip, ICICI pru multicap, ICICI pru opportunities fund, Axis small cap, DSP Nifty 50 equal weighted index fund, Franklin India Feeder Franklin US growth, HDFC small cap. Could you please help that whether there is need in change of strategy and SIP amount is sufficient for said corpus. If yes l, then what changes do u suggest?

Ans: With investment of Rs 42,000 per month the corpus that can get created is Rs 1.1 crore in 10 year.

No need to add any new funds, you can increase investment in same schemes or do annual step up .

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.

Ans: You've built a diversified portfolio with a mix of large-cap, mid-cap, small-cap, flexi-cap, and sectoral funds, which is a good start towards your ambitious goal. Here are some considerations and recommendations:

Asset Allocation: Given your goal and age, you might want to tilt your portfolio towards more equity-oriented funds. While equities carry higher risk, they also offer potential for higher returns over the long term.
Review & Rebalance: Periodically review your portfolio to ensure it aligns with your goals and risk tolerance. Rebalance if necessary to maintain your desired asset allocation.
Increase SIP Amounts: With a target corpus of 3 crores in 18 years, you might need to consider increasing your SIP amounts annually to account for inflation and potentially higher returns.
Diversification: Ensure you're not overly concentrated in a single asset class or sector. Diversification across asset classes and market caps can help spread the risk.
Consult a Financial Advisor: Given the complexity of financial planning, it might be beneficial to consult a financial advisor who can provide personalized advice based on your financial situation, goals, and risk tolerance.
Remember, investing is a journey, not a destination. Consistency, discipline, and periodic reviews are key to achieving your financial goals.

Ans: To achieve a corpus of Rs 4 crore in 18 years, you'll need to assess whether your current SIPs and fund selection are adequate.

Current Investments:
Your total monthly SIP is Rs 68,000. Over 18 years, assuming an average return of 12 per cent per annum (which is reasonable for a well-diversified equity portfolio), here's a rough estimate:

Future Value of SIPs:

Using the SIP formula, the corpus generated by Rs 68,000 monthly SIPs over 18 years at a 12 per cent annual return would be approximately Rs 3.8 to 4 crore.

Analysis:

Fund Selection:

• Equity Funds: Most of your funds are equity-oriented, which is good for long-term growth.
• Sectoral Funds: You have multiple sectoral/thematic funds (like technology, energy, digital, etc.). These can be volatile, and while they offer higher growth potential, they also carry higher risk. It's essential to ensure you're comfortable with this level of risk.
• Debt Fund: HDFC Hybrid Debt Fund and Nifty G-Sec Index Fund add a bit of stability to your portfolio, but they're relatively conservative compared to pure equity funds.

Diversification:

Your portfolio is well-diversified across sectors and asset classes. However, it's important to periodically review and rebalance your portfolio to align with market conditions and your risk tolerance.

Additional Investments:

If you want to be more certain of achieving or even exceeding the Rs 4 crore target, you could consider increasing your SIPs gradually as your income increases.

Another approach is to invest any bonuses or lump sums you receive into these funds or consider adding new funds to further diversify.

Conclusion:

You're on track to achieve your target based on current contributions. However, it's always good to review your portfolio annually, consider increasing SIPs as your financial situation improves, and consult with a financial advisor to ensure your investments are aligned with your goals and risk tolerance.