Res. Sir
I am investing Monthly, in below SIP.
Axis Blue-chip Fund Direct Plan Growth - Rs. 1000.00
Canara Robeco Emerging Equites Fund - Rs. 1000.00
SBI Blue-chip Direct Plan - Rs.1000.00
ICICI Pru. Technology Direct Plan - Rs. 2000.00
Kotak Emerging Equity Fund - Rs. 1000.00
UTI Flexi Cap Fund - Rs. 1000.00
Nippon India Small Cap Fund - Rs.1000.00
Mirae Asset Emerging Bluechip Fund - Rs. 1000.00
Axis Growth Opportunities Fund - Rs. 1000.00
Parag Parikh Flexi Cap Fund - Rs.1000.00
HDFC Index Fund Nifty 50 Plan - Rs 1000.00
DSP Flexi Cap Fund - Rs. 10000.00
Franklin India Opportunities Fund - One Time Invested Rs. 4,00,000.00
Please suggest can i continue with this fund.
Also, How Much Corpus Generate after 20 years with this fund.
Ans: Based on your current SIP investments, it seems you have a diversified portfolio covering various categories like large cap, mid cap, small cap, and flexi cap funds. It's a good strategy for long-term wealth creation.
Regarding the fund selection, most of the funds you've chosen are reputable and have performed well historically. However, it's essential to regularly review your portfolio's performance and make adjustments if necessary. Consider consulting with a financial advisor to ensure your investments align with your financial goals and risk tolerance.
To estimate the corpus generated after 20 years, we need to consider factors like the expected rate of return and the total amount invested. Assuming an average annual return of around 10%, the corpus can be calculated using investment calculators or financial planning tools available online. However, it's crucial to remember that past performance does not guarantee future results, so periodic reviews and adjustments to your investment strategy are essential.