I am investigating in below mf, is the % allocation good? I also have a few fd for emergencies and one espp (NYSE). I am 34 with have just started investing in mf planning to invest 25-50k pm.
Tata India Consumer Fund Direct-Growth - 7%
ICICI Prudential Value Discovery Direct-Growth - 8%
ICICI Prudential Equity & Debt Fund Direct-Growth - 20%
SBI Small Cap Fund Direct-Growth - 10%
ICICI Prudential Bluechip Fund Direct-Growth - 25%
Quant Active Fund - Growth 10%
Quant Small Cap Fund Direct Plan-Growth 10%
Quant Mid Cap Fund Direct-Growth 10%
Ans: Your MF allocation shows a diversified approach across various fund categories, which is good for long-term growth. However, there are a few points to consider:
Large-cap Exposure: With 35% allocation to large-cap funds, ensure it aligns with your risk profile and long-term goals.
Mid & Small Cap Exposure: 30% allocation to mid and small-cap funds indicates a higher risk appetite. Review if this aligns with your risk tolerance and financial goals.
Sectoral Exposure: Be cautious with thematic or sectoral funds as they can be more volatile. Consider diversifying into other sectors or categories.
Emergency Fund & ESPP: Ensure your FDs and ESPP serve their purpose and are not affected by market volatility.
Consider rebalancing periodically and aligning your allocation with your risk tolerance, investment horizon, and financial goals. Consulting a financial advisor can provide personalized guidance.