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Ans: hello Ravi

It's great that you're thinking about investing in mutual funds at a young age. Here are some general guidelines to help you get started:

Determine your investment goals: Start by figuring out what you want to achieve with your investment. Do you want to save for a down payment on a house, build an emergency fund, or create a retirement nest egg? Having clear goals will help you choose the right investment vehicle.

Assess your risk tolerance: Consider how much risk you're comfortable taking with your investment. Younger investors generally have a longer time horizon for their investments to grow, so they can afford to take on more risk.

Consider your asset allocation: Diversification is important to help manage risk. Consider dividing your investment among different asset classes, such as stocks, bonds, and cash.

Consider the mutual fund's investment style and past performance: Look at the fund's investment objectives, the types of securities it holds, and its past performance.

Remember that investing in mutual funds is a long-term strategy, and it's important to be patient and stick to your investment plan. It's also a good idea to periodically review your portfolio to make sure it's aligned with your goals and risk tolerance.

Consulting a financial advisor can be helpful in creating a personalized investment plan that takes into account your specific goals, risk tolerance, and financial situation

Ans: Firstly i would suggest you to earmark a particular amount every month from your salary for MF SIP.
Then make a basket of funds such as emergency funds, short term , mid term and long term funds.
The break up can be 5L - 10L in emergency funds kept aside and post that the % can be 20% in small caps , 20% in mid caps, 20% in multi caps, 10% in thematic funds, 20% in large caps and 10% can be optional. Email me for a lenghty discussion on this topic

Ans:

SBI technology fund direct growth Rs.3000: Please continue

SBI blue chip growth plan -Rs.2000: Better option available Canara Robeco Bluechip Equity Fund Regular growth

Mirae asset focussed dividend reinvestment plan Rs.3000: Please continue, however Growth plan is better because post 1^st July 2020, there is Stamp Duty of 0.005% applicable to reinvestment part as well.

HDFC multicap opportunities fund direct growth Rs.3000: Better option available Dsp Midcap Fund - Regular Plan - Growth

Ans: With investment of Rs 20K for 10 years a corpus of Rs 50 lakh can be created, therefore for Rs 1 cr corpus Rs 40K investment is required.

• Axis ESG Equity Fund Regular Growth
• Uti Flexi Cap Fund-regular Plan-growth
• Hdfc Index Fund - Sensex Plan - Regular Plan - Growth
• Samco Flexi Cap Fund - Regular Plan - Growth