Hi,
I am investing 5K in HDFC Small cap, 2.5K in HDFC Midcap, 5K in HDFC infrastructure fund, 2.5K in Union small cap, 5k in Aditya Birla pharma and healthcare, 5K in ICICI Pru Small cap, 5K in IIFL focused fund monthly (Total of 30K/month). Is the fund selection good enough to generate 1CR in 10yrs?
Ans: Hello Sanjeev and thanks for writing to me.
I notice that you are investing in 2 thematic funds, ABSL Pharma & Healthcare and HDFC Infrastructure fund. Performance of thematic funds depends can be subject to economic shocks and tailwinds of the particular sector. You can consider pausing investments in these funds increase investment allotments to the other funds.
Assuming that you are able to generate 12% XIRR returns, you will need to increase your investment to Rs.44,000 every month.