Hello Sir. I am investing via Lumsum monthly in SBI Bluechip (3k), PGIM Mid Cap(3k), Tata Digital Fund (3k), DSP Tax Saver (3k), Miare asset tax Saver (2k), Tata Small Cap ( 3K) all in Direct growth. Please review my funds and suggest can I add one more fund Parag Fflexi cap to diversified the investment ? what will be return after 10 years ?
Ans: Your investment portfolio seems well-diversified across large-cap, mid-cap, small-cap, and tax-saving funds, which is a good strategy for long-term wealth accumulation.
Adding Parag Parikh Flexi Cap Fund to your portfolio can further enhance diversification, as it invests across various market capitalizations and sectors, offering flexibility and potential for growth.
As for the expected returns after 10 years, it's essential to note that mutual fund returns are subject to market fluctuations and cannot be guaranteed. However, historically, equity-oriented funds have the potential to deliver higher returns over the long term compared to other asset classes.
To get a more accurate estimate of potential returns, you may consider using online mutual fund calculators or consulting with a financial planner.