I am 31 yrs old. I am investigating in below schemes since last 2 years. My plan is to build a portfolio such that I can expect an amount of 1cr in next 8-10 yrs. (Goals-Daughters education, Clearing home loan). Request to give your appreciation of my existing portfolio and request to suggest if any changes to be done with required. Investment amount to fulfill the goal.

1) ICICI Prudential Technology Fund-2000

2) Nippon India Small cap Fund-1000

3) Parag Parikh flexicap Fund-1000

4) SBI Bluechip fund-1000

5) Axis small cap fund-1000

6) PGIM India Midcap opportunities fund-1000

7) Franklin India feeder franklin us opportunities fund-1000

8) Axis Bluechip fund-500

Total: 8.5k/Month

Ans: Assuming 10-12% return from equity funds will be reasonable.

Ans: Your portfolio reflects a diversified approach with investments across multiple asset classes and geographical regions, which is commendable. Here are some observations and suggestions:

Equity Mutual Funds: Mirae Asset ELSS MF has shown impressive returns, indicating a strong performer. Quant small cap and flexi cap funds are relatively new investments, so monitor their performance closely. Consider adding a large-cap or multi-cap fund for further diversification.

US and India Stock Markets: While investing in international markets can provide diversification benefits, be mindful of currency risks and geopolitical factors. Ensure you have a clear understanding of the companies you're investing in, especially in the US market.

PPF and NPS: These instruments offer tax benefits and long-term savings. Since you've moved to the new tax regime, evaluate whether the tax benefits outweigh the returns compared to other investment options.

Goal Setting: Define specific goals and timelines for your investments to track progress effectively. Consider consulting with a financial advisor to fine-tune your portfolio based on your risk tolerance, investment horizon, and financial objectives.

Regularly review and rebalance your portfolio to ensure it remains aligned with your financial goals and risk tolerance. Keep monitoring the performance of individual investments and make adjustments as necessary to stay on track towards achieving your target of 1 crore in the next 5 years.