I am investing through SIP in the following
1. Hdfc small cap - 8000
2. Icici nifty next fifty - 3000
3. Mirae Asset large cap - 4000
4. Hsbc midcap - 6000
5. Sbi flexi cap- 4000 and planning to add on one more sip in Motilal Oswal S&P 500 index, in which already lumpsum investment has been made.
And for the last three years investing lumpsum in Axis long term equity for tax saving, shall I continue with all these funds or need to make any changes.
Ans: Considering your current investment portfolio, it appears to be diversified across various market segments, which is generally a good strategy for spreading risk. Adding a SIP in Motilal Oswal S&P 500 Index fund can provide exposure to international equities and further diversify your holdings.
It's important to periodically review the performance of your existing funds and assess whether they are meeting your investment objectives. If any funds consistently underperform or no longer align with your goals, you may consider replacing them with better alternatives.
Since you're already investing in Axis Long Term Equity for tax-saving purposes, evaluate its performance compared to other tax-saving options available. Ensure it continues to meet your requirements and offers competitive returns.
Regularly reassess your risk tolerance and investment horizon to ensure they match your chosen investment strategy. If your financial goals or risk profile change over time, adjust your investments accordingly.
Seeking advice from a certified financial planner or investment advisor can provide personalized recommendations tailored to your specific circumstances and goals. They can help review your portfolio comprehensively and make appropriate adjustments as needed.
