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Ans: Leaving your investment in Nippon Small Cap Fund as it is and allowing it to grow for the next 4 years can be a viable option if you believe in the fund's long-term potential. However, it's crucial to regularly monitor the fund's performance and the overall market conditions during this period.

Alternatively, if you're looking for diversification or have concerns about the future performance of the fund, you could consider reallocating a portion of your investment to other mutual funds that align with your risk tolerance and investment goals.

Before making any decisions, it's advisable to consult with a financial advisor who can provide personalized guidance based on your specific financial situation and objectives. They can help you assess the options available and make informed decisions that suit your needs.

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Ans: You are expecting to get an additional amount of Rs 1.1 Lakhs next month, from the same you have a requirement of an annual payout of Rs. 3,000/- and the remaining amount will be invested for the long term (10 years) for wealth creation purpose.

In order to meet this payout requirement, you can invest the partial amount of Rs. 60,000 in a corporate FD providing annual interest payout of 7-8%, which will help you to meet the payout requirement.

The remaining amount of Rs. 50,000 can be invested in a good large cap fund which can provide you a likely annualised CAGR of 12% or so in 10 years’ investment horizon. The value of Rs. 50,000 invested today in large cap fund @12% CAGR will come out to be Rs. 1,55,000 approx.

Ans: Hello Ashokan and thanks for writing to me. I wish you a very happy birthday a little bit in advance.

Assuming that your you are able to generate XIRR of around 12%, you will be able to create a corpus of around Rs.1.16 Crore after 10 years.

You can consider investing in small cap and mid cap funds for around 5 to 7 years and then switch to large cap balanced advantage funds for the latter part of your journey. Small and midcap funds while generally more volatile than large cap and balanced advantage funds, can offer higher returns.

Now, you can consider starting SIP's in:

1-DSP Midcap Fund-Rs.10,000
2-SBI Magnum Midcap Fund-Rs.10,000
3-Kotak Emerging Equity Fund-Rs.10,000
4-HSBC Midcap Fund-Rs.10,000
5-UTI Midcap Fund-Rs.10,000

After a period of say 5 to 7 years, you can stop investments in these schemes and then begin investing in BAF and Large Cap funds.

Stepping up your SIP's every year will help you create a larger corpus. Periodic rebalancing of all schemes you are investing in is essential to ensure you are on the right financial track. I recommend you consult a financial planner who can help you create a robust plan keeping your needs in mind.