I have surplus amount 30 lakhs and I like to invest for long time (more than 12 years) . Suggest me to invest in mutual fund. My existing mutual fund portfolios(SIP-50000)are Nippon India small cap,canara robeco small cap,Uti nifty 50 index,parag parik flexi cap,pgim India midcap.
Ans: It's fantastic that you have a surplus amount and a long-term investment horizon in mind. Given your existing SIP portfolios, let's explore potential additions to diversify and optimize your investments.
Considering your appetite for long-term growth, you might want to explore options like large-cap funds for stability, alongside diversified equity funds for broader exposure. Have you considered the potential benefits of adding an international equity fund to your portfolio for global diversification?
Furthermore, given your inclination towards small and mid-cap funds, it's important to balance risk with potential returns. Are you prepared for the volatility associated with these segments of the market?
As a Certified Financial Planner, I encourage you to assess your risk tolerance and investment objectives carefully. While high-risk investments may offer higher potential returns, they also come with increased volatility. Diversification across various fund categories can help mitigate risks while aiming for long-term growth.
Remember, the key to successful investing lies in patience, discipline, and a well-diversified portfolio tailored to your individual goals. With careful consideration and guidance, your surplus amount has the potential to grow significantly over the next 12 years and beyond.
