Hi I am 35 years old single mother , want to create good wealth in next 10 years
I invested 7lakh lump sum in SIP and current my 4 SIP’s are running
1- axis flexi cap -5000
2-Axis focused 25 fund -5000
3-Mirae asset large cap fund -2500
4-Kotak flexi cap fund-2500
So could you please suggest me where I can invest to create wealth for my kids future?
Ans: Hello, as per the information provided you have invested in MF via Lumpsum method and SIP method
Your SIP list is skewed towards large cap funds
You can replace the funds and add about 40% in mid and small caps as your time horizon is 10 years
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.