I want to do sip of rs. 10000 for 20 years with a target corpus 1cr.currently I have sip for rs.4000/- in kotak flexi cap & 2000/- in SBI banking and financial fund.
Remaining 4000/- I am purchasing additionly as per Market conditions between these two funds.
Is it ok for me???I think I should invest this 4000/- in small cap fund in quant small cap or Nippon small cap.. please guide.
Ans: Given your current SIP investments in Kotak Flexi Cap and SBI Banking and Financial Fund, it's important to diversify your portfolio further. Since SBI Banking and Financial Fund carries high risk as a sectoral fund, you may consider stopping investments in it. consider reallocating those funds to a different category, such as a small-cap fund. Small-cap funds offer potential for higher returns over the long term but also come with increased risk. Before deciding, assess your risk tolerance and consult with a financial advisor for personalized guidance tailored to your financial goals and situation.