I am 43 year old, presently doing Rs.31,850/ monthly in different SIP. Aim is wealth creation only. Kindly review my portfolio and advice
FUND MONTHLY INVESTED VALUE PRESENT VALUE
TATA ETHICAL FUND 3,000.00 1,98,000.00 2,92,000.00
LIC MF LARGE AND MIDCAP FUND-REGULAR-IDCW Daily 300 = 6600/M 3,70,000.00 4,54,000.00
NIPPON INDIA FOCUSED EQUITY FUND GROWTH 4,000.00 2,60,000.00 3,84,000.00
AXIS BLUE CHIP 3,000.00 1,31,000.00 1,51,000.00
AXIS FOCUSED 25 FUND - DIRECT PLAN - GROWTH 3,750.00 56,250.00 54,390.00
-SBI FOCUSED EQUITY FUND DIRECT GROWTH 4,000.00 84,000.00 85,100.00
-PARAG PARIKH FLEXI CAP FUND - DIRECT PLAN 3,500.00 61,000.00 66,330.00
-CANARA ROBECO EMERGING EQUITIES - DIRECT GROWTH 4,000.00 96,000.00 99,940.00
Rs.31,850/MONTH
Ans: Hello Habeeb. Your portfolio seems over-diversified. I would suggest to reconcise and reshuffle your portfolio with 31.5k SIP. I would suggest reconsider the schemes for LIC MF, Axis AMC & SBI AMC.
