I am 60 retired about a year bank from a large PSU. Now consulting and earning about 100,000 per month. Further 8 earn about 1.75 lakh from rental.
I hv been investing in following monthly sips for last 2 years.
Icici Prudential equity and debt 10000
Pgim midcap. 20000
Quant tax. 20000
Mirae assets. 8000
Quant midcap. 14000
Axis midcap. 10000
Parag parikh. 15000
Canara tobacco small cap. 10000
All direct and growth plan. Current value is 16.3 lakh.
I want to achieve 25 lakhs in 1 year fr marriage of my son. Further I need another 40 for younger son education in 3 years.
Do u think it these are achievable targets?
Can u suggest any changes in chosen funds ?
I hv my own houses and car. Except fr 15000 emi towards car, there is no major liability.
Pl revert
Sammir Kapoor
Ans: Hello Sammir. Considering your goals and requirements, and assuming you will be contributing to SIPs in the coming year as well, both the one year and three year goals can be achieved. Your portfolio is in line with the market and it seems you have done thorough research with current market. No modification is required.