I am a retired Bank of Baroda executive of 65 yrs old drawing pension, started mf investments late since Nov,2021 and presently having investement in following mf.
Pl give yr suggestion .
Bal adv fund of Rs 5.00 lakhs on Aditya Birla SL with swp amount of Rs 3000/
Bal adv fund of Tata MF for Rs 5.00 lacs with swp amount of Rs 3000/
Monthly SIP of Rs 2000/ on Axis bluechip fund( lumpsum investment of Rs 50000)
Monthly SIP of Rs 2000/ of Baroda BNP Paribas large & mid cap fund ( lumpsum investment of Rs 50000)
Monthly SIP of Rs 4000/ of Canara rebeco flexi cap fund.
Lumpsum investment of Rs 1.60 lacs of Nippon India flexi cap fund.
Lumpsum investment of Rs 0.60 lacs of Kotak manufacturing fund.
Monthly sip of Rs 2000/ of nippon india small cap fund from January,2023.
Monthly sip of Rs 2000/ of SBI magnum midcap fund ( lumsum invested Rs 40000)
Ans: Hello Sushanta and thanks for writing to me. Please elaborate on your objectives and risk appetities to understand your needs and requirements better.
As a general rule, balanced advantage funds can be good schemes to begin SWP's.