Hi , I am 40 years old want to accumulate 3.5 crore in next 15 years . I have started investing in mutual funds from last one year and my monthly sip is 40 thousand rupees. But I started investing without any guidance now I am worried is my portfolio balanced . I want increase my monthly Sip to 60 thousand .my present portfolio
1.Nippon India small cap 5 thousand monthly sip.
2.Nippon India flexi cap 5 thousand monthly.
3.PGIM India midcap opp fund 5 thousand month.
4.SBI retirement benefit fund 5 thousand .
5. UTI midcap fund 5 thousand monthly.
6.Quant active fund 2 lakh lump sum and 5 thousand monthly.
7.HDFC balanced advantage fund 2 lakh lump sum and 5 thousand monthly
8.ICICI pru multi asset fund 2lakh lump sum and 5thousand monthly
Ans: Given your goal of accumulating 3.5 crores in the next 15 years and your plan to increase your monthly SIP to 60,000 rupees, it's crucial to ensure your portfolio is well-balanced and aligned with your objectives. While your current portfolio includes a mix of small-cap, flexi-cap, mid-cap, retirement, multi-asset, and balanced advantage funds, it's important to regularly review its performance and diversification. Consider consulting a financial advisor to ensure your portfolio is optimized for achieving your long-term goals.